Golden Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

GOLDENTOBC   40.02  0.08  0.20%   
Golden Tobacco financial indicator trend analysis is much more than just examining Golden Tobacco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Tobacco is a good investment. Please check the relationship between Golden Tobacco Non Current Liabilities Total 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 Golden Tobacco Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total 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 Golden Tobacco Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Golden Tobacco's Non Current Liabilities Total and Property Plant And Equipment Net is 0.33. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Golden Tobacco Limited, assuming nothing else is changed. The correlation between historical values of Golden Tobacco's Non Current Liabilities Total 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 Non Current Liabilities Total of Golden Tobacco Limited 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 Non Current Liabilities Total i.e., Golden Tobacco's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

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 Golden Tobacco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Tobacco 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 Golden Tobacco Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Selling General Administrative is likely to drop to about 1 M in 2024. Tax Provision is likely to drop to about 34.2 K in 2024
 2019 2020 2023 2024 (projected)
Gross Profit13.8M241.4M277.6M202.2M
Total Revenue193.9M417.9M376.2M685.0M

Golden Tobacco fundamental ratios Correlations

0.86-0.48-0.430.560.41-0.540.860.060.430.930.840.390.22-0.270.010.90.88-0.1-0.020.80.620.48-0.260.560.79
0.86-0.5-0.480.530.32-0.431.0-0.050.450.850.720.40.18-0.250.250.880.65-0.13-0.080.670.470.54-0.240.610.61
-0.48-0.50.92-0.92-0.740.22-0.47-0.5-0.83-0.27-0.21-0.83-0.730.26-0.26-0.6-0.32-0.340.350.1-0.640.00.31-0.9-0.76
-0.43-0.480.92-0.86-0.510.12-0.46-0.21-0.7-0.31-0.35-0.69-0.50.13-0.22-0.67-0.22-0.120.390.1-0.430.210.16-0.88-0.68
0.560.53-0.92-0.860.84-0.30.50.570.920.330.340.910.81-0.20.110.640.460.44-0.33-0.020.780.0-0.250.980.8
0.410.32-0.74-0.510.84-0.310.280.90.910.070.040.930.97-0.440.060.330.520.74-0.15-0.120.940.18-0.50.780.69
-0.54-0.430.220.12-0.3-0.31-0.42-0.14-0.36-0.44-0.53-0.34-0.220.140.62-0.41-0.56-0.15-0.13-0.44-0.48-0.420.14-0.3-0.46
0.861.0-0.47-0.460.50.28-0.42-0.090.410.860.730.360.14-0.230.250.880.65-0.17-0.070.690.440.55-0.220.580.59
0.06-0.05-0.5-0.210.570.9-0.14-0.090.73-0.3-0.340.760.93-0.390.04-0.090.250.86-0.03-0.370.780.12-0.450.490.39
0.430.45-0.83-0.70.920.91-0.360.410.730.140.141.00.91-0.340.110.460.420.66-0.34-0.140.850.09-0.40.930.67
0.930.85-0.27-0.310.330.07-0.440.86-0.30.140.910.09-0.13-0.070.030.880.73-0.42-0.030.90.30.46-0.040.350.61
0.840.72-0.21-0.350.340.04-0.530.73-0.340.140.910.09-0.150.01-0.230.850.69-0.390.010.810.270.30.030.360.6
0.390.4-0.83-0.690.910.93-0.340.360.761.00.090.090.93-0.340.110.410.390.7-0.33-0.190.850.07-0.40.910.65
0.220.18-0.73-0.50.810.97-0.220.140.930.91-0.13-0.150.93-0.380.080.170.310.82-0.17-0.330.850.06-0.440.760.54
-0.27-0.250.260.13-0.2-0.440.14-0.23-0.39-0.34-0.070.01-0.34-0.38-0.12-0.21-0.43-0.27-0.03-0.02-0.49-0.211.0-0.21-0.33
0.010.25-0.26-0.220.110.060.620.250.040.110.03-0.230.110.08-0.120.12-0.150.04-0.33-0.08-0.030.11-0.120.170.01
0.90.88-0.6-0.670.640.33-0.410.88-0.090.460.880.850.410.17-0.210.120.74-0.23-0.170.650.490.27-0.20.670.83
0.880.65-0.32-0.220.460.52-0.560.650.250.420.730.690.390.31-0.43-0.150.740.050.140.720.760.45-0.420.440.78
-0.1-0.13-0.34-0.120.440.74-0.15-0.170.860.66-0.42-0.390.70.82-0.270.04-0.230.050.0-0.460.63-0.02-0.330.40.14
-0.02-0.080.350.39-0.33-0.15-0.13-0.07-0.03-0.34-0.030.01-0.33-0.17-0.03-0.33-0.170.140.00.19-0.020.13-0.01-0.35-0.21
0.80.670.10.1-0.02-0.12-0.440.69-0.37-0.140.90.81-0.19-0.33-0.02-0.080.650.72-0.460.190.180.570.02-0.010.38
0.620.47-0.64-0.430.780.94-0.480.440.780.850.30.270.850.85-0.49-0.030.490.760.63-0.020.180.29-0.530.740.77
0.480.540.00.210.00.18-0.420.550.120.090.460.30.070.06-0.210.110.270.45-0.020.130.570.29-0.190.010.23
-0.26-0.240.310.16-0.25-0.50.14-0.22-0.45-0.4-0.040.03-0.4-0.441.0-0.12-0.2-0.42-0.33-0.010.02-0.53-0.19-0.25-0.35
0.560.61-0.9-0.880.980.78-0.30.580.490.930.350.360.910.76-0.210.170.670.440.4-0.35-0.010.740.01-0.250.75
0.790.61-0.76-0.680.80.69-0.460.590.390.670.610.60.650.54-0.330.010.830.780.14-0.210.380.770.23-0.350.75
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Golden Tobacco Account Relationship Matchups

Golden Tobacco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B1.9B1.7B1.5B1.3B2.6B
Other Current Liab3.4B3.4B3.2B3.4B3.9B2.6B
Total Current Liabilities5.0B4.0B3.9B3.5B4.1B3.1B
Total Stockholder Equity(2.3B)(2.1B)(2.1B)(2.0B)(1.8B)(1.7B)
Property Plant And Equipment Net157.8M151.5M81.2M77.7M69.9M66.4M
Current Deferred Revenue136.8M3.6B1.1B980.8M1.1B697.4M
Net Debt1.1B124.0M10.8M8.4M7.6M7.2M
Accounts Payable312.2M298.7M55.8M56.9M51.3M48.7M
Cash16.9M3.5M9.2M11.6M10.4M9.9M
Non Current Assets Total2.2B1.6B1.4B1.3B1.5B2.2B
Non Currrent Assets Other469.7M118.7M131.9M1.2B1.4B1.5B
Cash And Short Term Investments16.9M3.5M9.2M11.6M10.4M9.9M
Net Receivables96.3M77.8M32.5M6.2M5.6M5.3M
Short Term Investments52.7M113.7M22.5M3.6M4.2M3.9M
Liabilities And Stockholders Equity2.7B1.9B1.7B1.5B1.3B2.6B
Inventory300.6M265.8M239.8M107.5M96.7M91.9M
Other Current Assets61.8M27.3M35.2M30.9M27.8M26.4M
Other Stockholder Equity785.0M782.1M689.2M713.9M642.5M931.7M
Total Liab5.0B4.0B3.9B3.5B4.1B4.4B
Total Current Assets475.6M374.4M314.2M153.0M137.7M130.8M
Accumulated Other Comprehensive Income(16.1M)(22.4M)(29.4M)180.2M207.3M217.6M
Short Term Debt1.2B127.6M(442.8M)20M18M17.1M
Retained Earnings(3.3B)(3.0B)(3.0B)(2.9B)(2.6B)(2.8B)
Net Tangible Assets(2.4B)(2.1B)(2.1B)(2.0B)(1.8B)(1.9B)
Other Assets1.9B1.3B1.3B1.2B1.1B1.5B
Property Plant Equipment157.8M151.5M81.2M77.7M69.9M128.6M
Cash And Equivalents16.9M3.5M9.2M11.6M13.3M10.3M
Intangible Assets1.6B1.1B1.1B1.6M1.8M1.7M

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