Geojit Retained Earnings vs Other Current Assets Analysis

GEOJITFSL   121.18  0.04  0.03%   
Geojit Financial financial indicator trend analysis is much more than just examining Geojit Financial Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geojit Financial Services is a good investment. Please check the relationship between Geojit Financial Retained Earnings and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geojit Financial Services Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Geojit Financial's Retained Earnings and Other Current Assets is -0.05. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Geojit Financial Services, assuming nothing else is changed. The correlation between historical values of Geojit Financial's Retained Earnings and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Geojit Financial Services are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Geojit Financial's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Geojit Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geojit Financial Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The Geojit Financial's current Selling General Administrative is estimated to increase to about 2.4 B, while Tax Provision is projected to decrease to roughly 363.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B1.3B2.3B1.7B
Total Revenue4.3B3.5B6.0B3.2B

Geojit Financial fundamental ratios Correlations

0.760.720.80.93-0.88-0.240.53-0.110.980.160.760.480.840.750.840.040.90.160.160.190.440.830.94-0.930.89
0.760.940.840.67-0.63-0.160.69-0.230.660.290.690.510.590.420.41-0.020.530.220.3-0.180.480.40.6-0.580.54
0.720.940.790.67-0.65-0.070.65-0.310.640.320.670.540.560.430.42-0.070.550.170.29-0.240.340.380.58-0.550.54
0.80.840.790.75-0.65-0.290.25-0.240.780.180.390.40.570.580.64-0.070.650.180.3-0.050.60.650.77-0.750.71
0.930.670.670.75-0.85-0.20.41-0.070.930.150.650.470.830.840.81-0.210.95-0.130.060.260.170.80.88-0.910.84
-0.88-0.63-0.65-0.65-0.850.2-0.430.09-0.88-0.23-0.69-0.52-0.86-0.7-0.76-0.04-0.87-0.08-0.05-0.21-0.27-0.71-0.840.83-0.82
-0.24-0.16-0.07-0.29-0.20.20.10.5-0.260.3-0.1-0.15-0.2-0.1-0.07-0.07-0.15-0.16-0.13-0.01-0.37-0.17-0.210.21-0.16
0.530.690.650.250.41-0.430.10.010.390.240.90.390.480.240.210.050.350.130.11-0.090.090.150.32-0.30.3
-0.11-0.23-0.31-0.24-0.070.090.50.01-0.090.17-0.11-0.45-0.090.130.160.00.06-0.15-0.190.32-0.220.160.02-0.070.09
0.980.660.640.780.93-0.88-0.260.39-0.090.110.650.460.840.770.890.060.940.110.080.290.420.890.95-0.960.92
0.160.290.320.180.15-0.230.30.240.170.110.260.150.070.160.06-0.050.160.020.08-0.120.030.110.18-0.20.21
0.760.690.670.390.65-0.69-0.10.9-0.110.650.260.490.690.450.440.080.60.190.150.00.20.410.58-0.550.55
0.480.510.540.40.47-0.52-0.150.39-0.450.460.150.490.760.030.210.350.42-0.04-0.430.29-0.010.120.21-0.260.13
0.840.590.560.570.83-0.86-0.20.48-0.090.840.070.690.760.520.670.220.84-0.06-0.310.490.110.610.68-0.730.62
0.750.420.430.580.84-0.7-0.10.240.130.770.160.450.030.520.85-0.520.87-0.330.150.250.080.860.87-0.890.88
0.840.410.420.640.81-0.76-0.070.210.160.890.060.440.210.670.85-0.060.9-0.040.010.410.320.960.93-0.930.93
0.04-0.02-0.07-0.07-0.21-0.04-0.070.050.00.06-0.050.080.350.22-0.52-0.06-0.120.65-0.250.180.38-0.08-0.10.11-0.1
0.90.530.550.650.95-0.87-0.150.350.060.940.160.60.420.840.870.9-0.12-0.19-0.110.450.110.90.91-0.950.89
0.160.220.170.18-0.13-0.08-0.160.13-0.150.110.020.19-0.04-0.06-0.33-0.040.65-0.190.57-0.50.77-0.030.110.020.11
0.160.30.290.30.06-0.05-0.130.11-0.190.080.080.15-0.43-0.310.150.01-0.25-0.110.57-0.830.570.050.25-0.090.25
0.19-0.18-0.24-0.050.26-0.21-0.01-0.090.320.29-0.120.00.290.490.250.410.180.45-0.5-0.83-0.30.410.18-0.340.19
0.440.480.340.60.17-0.27-0.370.09-0.220.420.030.2-0.010.110.080.320.380.110.770.57-0.30.360.46-0.370.44
0.830.40.380.650.8-0.71-0.170.150.160.890.110.410.120.610.860.96-0.080.9-0.030.050.410.360.95-0.960.95
0.940.60.580.770.88-0.84-0.210.320.020.950.180.580.210.680.870.93-0.10.910.110.250.180.460.95-0.980.99
-0.93-0.58-0.55-0.75-0.910.830.21-0.3-0.07-0.96-0.2-0.55-0.26-0.73-0.89-0.930.11-0.950.02-0.09-0.34-0.37-0.96-0.98-0.97
0.890.540.540.710.84-0.82-0.160.30.090.920.210.550.130.620.880.93-0.10.890.110.250.190.440.950.99-0.97
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Geojit Financial Account Relationship Matchups

Geojit Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B11.7B14.2B13.2B20.2B21.2B
Total Stockholder Equity5.0B5.9B7.0B7.2B8.3B5.4B
Property Plant And Equipment Net723.1M633.4M758.5M858.5M966.5M600.6M
Retained Earnings1.8B2.7B3.7B4.0B5.5B2.8B
Non Currrent Assets Other5.4B740.2M14.1B6.5B17.4B18.3B
Other Assets120.3M1K136.8M74.1M(7.4B)(7.1B)
Good Will59.9M51.6M60.8M74.1M80.9M99.9M
Common Stock Shares Outstanding238.3M238.3M239.1M239.1M239.1M251.2M
Liabilities And Stockholders Equity9.1B11.7B14.2B13.2B20.2B21.2B
Other Stockholder Equity(2.4B)(548.7M)(1.6B)(1.8B)2.2B2.3B
Total Liab3.4B5.1B6.5B5.2B11.1B11.6B
Accumulated Other Comprehensive Income(213.3M)901.6M867.7M860.3M428.9M450.4M
Intangible Assets104.2M98.9M87.6M178.5M206.5M123.3M
Common Stock238.3M238.4M239.0M239.1M239.1M253.7M
Other Current Liab3.0B4.5B5.4B(873.9M)3.1B1.8B
Total Current Liabilities3.2B4.9B6.2B196.8M7.2B7.6B
Net Debt(1.1B)(7.0B)(358.9M)381.7M6.0B6.3B
Accounts Payable121.8M162.5M191.3M196.3M473.0M496.7M
Cash1.4B7.3B1.2B760.9M1.5B2.2B
Non Current Assets Total5.9B1.1B8.5B2.0B18.7B19.7B
Cash And Short Term Investments1.9B8.1B1.7B7.2B2.3B3.8B
Short Term Investments575.1M708.9M512.9M6.4B825.1M1.6B
Other Current Assets1.2B2.5B3.9B(8.6B)6.5B6.8B
Total Current Assets3.2B10.6B5.7B11.3B8.9B7.4B
Short Term Debt71.1M221.3M573.8M874.4M3.7B3.8B
Short Long Term Debt Total304.0M436.0M885.5M2.0B4.0B4.2B
Non Current Liabilities Total198.5M174.0M263.9M5.0B11.1B11.6B
Other Liab32.0M28.2M77.7M88.4M101.7M62.3M
Net Tangible Assets5.1B4.9B5.8B6.9B7.9B5.8B
Net Receivables786.7M1.7B1.7B1.4B1.1B1.3B
Property Plant Equipment723.1M633.4M758.5M858.5M987.3M714.3M
Capital Surpluse2.1B2.1B2.1B2.2B1.9B1.8B
Inventory(786.7M)(1.7B)(1.6B)(1.3B)(1.2B)(1.1B)
Long Term Debt Total232.8M214.7M311.7M1.1B1.3B1.4B
Net Invested Capital5.0B6.1B7.5B8.0B11.8B7.8B
Net Working Capital1.0B9.7B12.1B11.1B16.7B8.7B

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Other Information on Investing in Geojit Stock

Balance Sheet is a snapshot of the financial position of Geojit Financial Services at a specified time, usually calculated after every quarter, six months, or one year. Geojit Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Geojit Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Geojit currently owns. An asset can also be divided into two categories, current and non-current.