Gujarat Net Tangible Assets vs Property Plant And Equipment Net Analysis

GLFL Stock

8.56 0.19 2.27%

Gujarat Lease financial indicator trend analysis is much more than just examining Gujarat Lease Financing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gujarat Lease Financing is a good investment. Please check the relationship between Gujarat Lease Net Tangible Assets and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gujarat Lease Financing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Lease Financing Net Tangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.

The correlation between Gujarat Lease's Net Tangible Assets and Property Plant And Equipment Net is -0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Gujarat Lease Financing, assuming nothing else is changed. The correlation between historical values of Gujarat Lease's Net Tangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Gujarat Lease Financing are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Gujarat Lease's Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Gujarat Lease's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gujarat Lease Financing 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 Gujarat Lease Financing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 1.1 M in 2024

	2021	2022	2023	2024 (projected)
Research Development	0.28	0.64	0.18	0.17
Interest Income	2.9M	2.9M	3.3M	3.5M

Research Development Interest Income

Gujarat Lease fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Net Receivables	Inventory	Short Term Investments	Other Liab	Net Tangible Assets	Accounts Payable	Other Assets
Common Stock Shares Outstanding		0.26	-0.53	-0.38	-0.42	0.46	-0.45	-0.33	0.26	-0.16	-0.19	0.66	-0.53	0.25	-0.13	-0.41	0.66	-0.49	0.5	0.0	-0.37	0.79	-0.43	0.41	0.07	0.79
Total Assets	0.26		-0.43	-0.75	-0.86	0.85	-0.61	-0.37	0.57	0.05	0.73	0.26	-0.44	-0.08	0.27	-0.75	0.24	-0.01	-0.09	-0.54	-0.72	0.23	-0.8	0.76	0.66	0.25
Short Long Term Debt Total	-0.53	-0.43		0.68	0.78	-0.82	0.73	0.89	-0.53	-0.18	0.08	-0.68	1.0	0.19	-0.53	0.91	-0.66	0.23	-0.07	0.35	0.41	-0.59	0.74	-0.76	-0.19	-0.6
Other Current Liab	-0.38	-0.75	0.68		0.88	-0.87	0.63	0.56	-0.51	-0.01	-0.44	-0.38	0.69	-0.03	-0.29	0.84	-0.37	0.22	-0.01	0.6	0.44	-0.38	0.77	-0.77	-0.5	-0.39
Total Current Liabilities	-0.42	-0.86	0.78	0.88		-0.99	0.8	0.66	-0.64	-0.06	-0.49	-0.47	0.78	0.19	-0.4	0.96	-0.45	0.25	-0.01	0.55	0.71	-0.44	0.92	-0.91	-0.58	-0.45
Total Stockholder Equity	0.46	0.85	-0.82	-0.87	-0.99		-0.8	-0.71	0.64	0.09	0.42	0.54	-0.82	-0.16	0.45	-0.96	0.52	-0.28	0.02	-0.54	-0.71	0.49	-0.91	0.91	0.54	0.51
Property Plant And Equipment Net	-0.45	-0.61	0.73	0.63	0.8	-0.8		0.59	-0.37	0.02	-0.29	-0.43	0.72	0.44	-0.39	0.8	-0.41	0.25	-0.03	0.02	0.36	-0.43	0.9	-0.88	-0.47	-0.46
Net Debt	-0.33	-0.37	0.89	0.56	0.66	-0.71	0.59		-0.46	-0.6	0.18	-0.71	0.89	0.18	-0.69	0.8	-0.7	0.18	-0.03	0.35	0.34	-0.36	0.6	-0.66	-0.09	-0.39
Retained Earnings	0.26	0.57	-0.53	-0.51	-0.64	0.64	-0.37	-0.46		0.08	0.32	0.27	-0.54	-0.31	0.33	-0.65	0.25	0.01	-0.06	-0.62	-0.69	0.23	-0.55	0.54	0.33	0.24
Cash	-0.16	0.05	-0.18	-0.01	-0.06	0.09	0.02	-0.6	0.08		-0.27	0.37	-0.18	-0.04	0.51	-0.14	0.37	0.13	-0.03	-0.14	-0.01	-0.23	-0.02	0.07	-0.16	-0.18
Non Current Assets Total	-0.19	0.73	0.08	-0.44	-0.49	0.42	-0.29	0.18	0.32	-0.27		-0.45	0.08	-0.21	-0.09	-0.31	-0.47	0.17	-0.35	-0.37	-0.45	-0.32	-0.45	0.39	0.7	-0.06
Cash And Short Term Investments	0.66	0.26	-0.68	-0.38	-0.47	0.54	-0.43	-0.71	0.27	0.37	-0.45		-0.68	0.19	0.47	-0.52	1.0	-0.49	0.44	-0.18	-0.37	0.82	-0.42	0.47	-0.09	0.53
Non Current Liabilities Total	-0.53	-0.44	1.0	0.69	0.78	-0.82	0.72	0.89	-0.54	-0.18	0.08	-0.68		0.18	-0.53	0.91	-0.67	0.23	-0.07	0.37	0.42	-0.58	0.74	-0.76	-0.18	-0.59
Other Current Assets	0.25	-0.08	0.19	-0.03	0.19	-0.16	0.44	0.18	-0.31	-0.04	-0.21	0.19	0.18		-0.22	0.23	0.22	-0.19	0.39	-0.19	0.05	0.24	0.27	-0.26	-0.32	0.12
Other Stockholder Equity	-0.13	0.27	-0.53	-0.29	-0.4	0.45	-0.39	-0.69	0.33	0.51	-0.09	0.47	-0.53	-0.22		-0.5	0.46	-0.07	-0.1	-0.24	-0.13	0.17	-0.35	0.44	-0.12	0.17
Total Liab	-0.41	-0.75	0.91	0.84	0.96	-0.96	0.8	0.8	-0.65	-0.14	-0.31	-0.52	0.91	0.23	-0.5		-0.5	0.13	0.03	0.52	0.6	-0.44	0.9	-0.89	-0.45	-0.46
Total Current Assets	0.66	0.24	-0.66	-0.37	-0.45	0.52	-0.41	-0.7	0.25	0.37	-0.47	1.0	-0.67	0.22	0.46	-0.5		-0.49	0.45	-0.17	-0.35	0.82	-0.4	0.45	-0.11	0.53
Common Stock	-0.49	-0.01	0.23	0.22	0.25	-0.28	0.25	0.18	0.01	0.13	0.17	-0.49	0.23	-0.19	-0.07	0.13	-0.49		-0.39	0.02	0.29	-0.59	0.13	-0.24	-0.07	-0.59
Non Currrent Assets Other	0.5	-0.09	-0.07	-0.01	-0.01	0.02	-0.03	-0.03	-0.06	-0.03	-0.35	0.44	-0.07	0.39	-0.1	0.03	0.45	-0.39		0.13	-0.15	0.48	-0.01	0.0	-0.56	0.3
Net Receivables	0.0	-0.54	0.35	0.6	0.55	-0.54	0.02	0.35	-0.62	-0.14	-0.37	-0.18	0.37	-0.19	-0.24	0.52	-0.17	0.02	0.13		0.63	-0.1	0.41	-0.39	-0.31	-0.1
Inventory	-0.37	-0.72	0.41	0.44	0.71	-0.71	0.36	0.34	-0.69	-0.01	-0.45	-0.37	0.42	0.05	-0.13	0.6	-0.35	0.29	-0.15	0.63		-0.38	0.59	-0.58	-0.46	-0.38
Short Term Investments	0.79	0.23	-0.59	-0.38	-0.44	0.49	-0.43	-0.36	0.23	-0.23	-0.32	0.82	-0.58	0.24	0.17	-0.44	0.82	-0.59	0.48	-0.1	-0.38		-0.4	0.43	-0.01	0.66
Other Liab	-0.43	-0.8	0.74	0.77	0.92	-0.91	0.9	0.6	-0.55	-0.02	-0.45	-0.42	0.74	0.27	-0.35	0.9	-0.4	0.13	-0.01	0.41	0.59	-0.4		-0.93	-0.55	-0.42
Net Tangible Assets	0.41	0.76	-0.76	-0.77	-0.91	0.91	-0.88	-0.66	0.54	0.07	0.39	0.47	-0.76	-0.26	0.44	-0.89	0.45	-0.24	0.0	-0.39	-0.58	0.43	-0.93		0.54	0.44
Accounts Payable	0.07	0.66	-0.19	-0.5	-0.58	0.54	-0.47	-0.09	0.33	-0.16	0.7	-0.09	-0.18	-0.32	-0.12	-0.45	-0.11	-0.07	-0.56	-0.31	-0.46	-0.01	-0.55	0.54		0.03
Other Assets	0.79	0.25	-0.6	-0.39	-0.45	0.51	-0.46	-0.39	0.24	-0.18	-0.06	0.53	-0.59	0.12	0.17	-0.46	0.53	-0.59	0.3	-0.1	-0.38	0.66	-0.42	0.44	0.03

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Gujarat Lease Account Relationship Matchups

Gujarat Lease fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.5M	59.9M	59.4M	61.4M	62.8M	40.5M
Other Current Liab	2.9M	3.1M	3.3M	3.4M	3.7M	3.6M
Total Current Liabilities	3.5M	3.4M	3.6M	3.7M	4.0M	3.8M
Total Stockholder Equity	(67.0M)	(43.5M)	(44.2M)	(42.4M)	(41.2M)	(43.3M)
Property Plant And Equipment Net	699K	492K	213K	127K	121K	115.0K
Net Debt	98.8M	41.5M	97.0M	92.3M	97.3M	101.1M
Retained Earnings	(1.6B)	(1.6B)	(1.6B)	(1.6B)	(1.6B)	(1.7B)
Cash	1.2M	58.5M	3.0M	7.7M	2.7M	2.5M
Non Current Assets Total	35.0M	1.1M	5.3M	53.2M	1.3M	1.2M
Cash And Short Term Investments	1.2M	58.5M	53.5M	7.7M	60.6M	63.6M
Liabilities And Stockholders Equity	36.5M	59.9M	59.4M	61.4M	62.8M	40.5M
Other Stockholder Equity	1.0B	1.0B	2.3B	2.3B	2.3B	1.5B
Total Liab	103.5M	103.4M	103.6M	103.7M	104.0M	146.0M
Total Current Assets	1.5M	58.8M	54.0M	8.2M	61.5M	64.6M
Accumulated Other Comprehensive Income	(482K)	(724K)	(970K)	587.2M	236.2M	155.5M
Non Currrent Assets Other	(35.0M)	(1.1M)	(5.3M)	(53.2M)	57.9M	60.8M
Net Receivables	33K	4K	1K	7K	99K	102.4K
Inventory	(33K)	(4K)	356K	447K	1.0	0.95
Net Tangible Assets	(62.2M)	(67.0M)	(43.5M)	(44.2M)	(50.8M)	(53.4M)
Accounts Payable	664K	291K	258K	309K	248K	378.7K
Other Assets	15K	7K	3K	52.9M	60.8M	63.9M
Property Plant Equipment	699K	492K	213K	127K	114.3K	108.6K
Cash And Equivalents	1.2M	58.5M	3.0M	7.7M	8.9M	11.5M
Net Invested Capital	33.0M	56.5M	55.8M	57.6M	58.8M	48.8M
Net Working Capital	(2.0M)	55.5M	50.5M	4.5M	57.5M	60.4M

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Gujarat Net Tangible Assets vs Property Plant And Equipment Net Analysis

Net Tangible Assets vs Property Plant And Equipment Net

Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Property Plant And Equipment Net

Gujarat Lease fundamental ratios Correlations

Gujarat Lease Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gujarat Lease fundamental ratios Accounts

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Additional Tools for Gujarat Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 0.96	Total Current Liabilities
Other Liab	+ 0.92	Total Current Liabilities
Total Liab	+ 0.91	Short Long Term Debt Total
Net Tangible Assets	+ 0.91	Total Stockholder Equity

Total Stockholder Equity	- 0.99	Total Current Liabilities
Total Liab	- 0.96	Total Stockholder Equity
Net Tangible Assets	- 0.93	Other Liab
Other Liab	- 0.91	Total Stockholder Equity
Net Tangible Assets	- 0.91	Total Current Liabilities
Net Tangible Assets	- 0.89	Total Liab