Geojit Short Term Investments vs Good Will 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 Short Term Investments and its Good Will 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.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geojit Financial Services Short Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Geojit Financial's Short Term Investments and Good Will is -0.13. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will 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 Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Geojit Financial Services are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Geojit Financial's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Geojit Financial balance sheet. It contains any investments Geojit Financial Services undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Geojit Financial Services can easily liquidate in the marketplace.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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
Click cells to compare fundamentals

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.