Godawari Non Current Assets Total vs Short Term Debt Analysis

GPIL Stock   233.40  2.20  0.93%   
Godawari Power financial indicator trend analysis is much more than just examining Godawari Power And latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godawari Power And is a good investment. Please check the relationship between Godawari Power Non Current Assets Total and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godawari Power And. 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.

Non Current Assets Total vs Short Term Debt

Non Current Assets Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godawari Power And Non Current Assets Total account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Godawari Power's Non Current Assets Total and Short Term Debt is 0.22. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Godawari Power And, assuming nothing else is changed. The correlation between historical values of Godawari Power's Non Current Assets Total and Short Term Debt 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 Assets Total of Godawari Power And are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Assets Total i.e., Godawari Power's Non Current Assets Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Debt

Most indicators from Godawari Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godawari Power And 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 Godawari Power And. 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 gain to about 186.6 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense120.5M204M596.3M1.2B
Depreciation And Amortization1.0B1.2B1.4B908.3M

Godawari Power fundamental ratios Correlations

0.030.520.620.640.85-0.030.580.720.420.90.270.490.580.240.52-0.010.770.58-0.150.260.740.870.570.090.21
0.03-0.460.09-0.620.490.99-0.66-0.33-0.320.41-0.47-0.65-0.23-0.52-0.690.98-0.4-0.370.430.88-0.52-0.380.010.460.2
0.52-0.460.450.750.23-0.440.750.73-0.030.280.570.570.140.610.71-0.510.770.86-0.38-0.150.810.680.29-0.130.15
0.620.090.450.240.560.040.190.760.350.56-0.070.20.02-0.060.14-0.010.390.36-0.110.440.440.530.670.750.24
0.64-0.620.750.240.29-0.650.990.760.430.380.740.910.560.740.97-0.620.930.73-0.48-0.340.970.790.34-0.440.15
0.850.490.230.560.290.440.220.490.190.990.140.170.310.090.150.480.490.30.030.690.390.50.470.280.35
-0.030.99-0.440.04-0.650.44-0.69-0.38-0.440.35-0.46-0.71-0.29-0.5-0.730.98-0.43-0.360.430.85-0.56-0.43-0.060.430.16
0.58-0.660.750.190.990.22-0.690.740.420.310.770.930.520.780.99-0.660.90.72-0.52-0.390.950.750.29-0.480.16
0.72-0.330.730.760.760.49-0.380.740.480.540.490.730.280.510.71-0.390.790.6-0.470.090.860.740.590.180.36
0.42-0.32-0.030.350.430.19-0.440.420.480.250.080.620.510.050.46-0.340.340.04-0.19-0.160.450.540.450.090.15
0.90.410.280.560.380.990.350.310.540.250.160.240.390.120.240.390.560.37-0.020.610.480.590.490.220.35
0.27-0.470.57-0.070.740.14-0.460.770.490.080.160.780.090.970.8-0.420.660.5-0.39-0.240.650.33-0.06-0.540.33
0.49-0.650.570.20.910.17-0.710.930.730.620.240.780.410.790.96-0.640.770.54-0.51-0.370.860.660.26-0.390.3
0.58-0.230.140.020.560.31-0.290.520.280.510.390.090.410.020.47-0.240.610.270.05-0.230.550.650.3-0.37-0.36
0.24-0.520.61-0.060.740.09-0.50.780.510.050.120.970.790.020.81-0.460.620.52-0.5-0.280.650.31-0.06-0.540.37
0.52-0.690.710.140.970.15-0.730.990.710.460.240.80.960.470.81-0.690.850.67-0.53-0.440.920.720.24-0.510.21
-0.010.98-0.51-0.01-0.620.480.98-0.66-0.39-0.340.39-0.42-0.64-0.24-0.46-0.69-0.4-0.380.480.86-0.55-0.42-0.090.380.21
0.77-0.40.770.390.930.49-0.430.90.790.340.560.660.770.610.620.85-0.40.78-0.26-0.080.960.830.37-0.280.1
0.58-0.370.860.360.730.3-0.360.720.60.040.370.50.540.270.520.67-0.380.78-0.23-0.090.780.70.15-0.170.18
-0.150.43-0.38-0.11-0.480.030.43-0.52-0.47-0.19-0.02-0.39-0.510.05-0.5-0.530.48-0.26-0.230.31-0.4-0.2-0.180.21-0.44
0.260.88-0.150.44-0.340.690.85-0.390.09-0.160.61-0.24-0.37-0.23-0.28-0.440.86-0.08-0.090.31-0.19-0.150.230.620.38
0.74-0.520.810.440.970.39-0.560.950.860.450.480.650.860.550.650.92-0.550.960.78-0.4-0.190.870.46-0.250.16
0.87-0.380.680.530.790.5-0.430.750.740.540.590.330.660.650.310.72-0.420.830.7-0.2-0.150.870.49-0.080.06
0.570.010.290.670.340.47-0.060.290.590.450.49-0.060.260.3-0.060.24-0.090.370.15-0.180.230.460.490.41-0.12
0.090.46-0.130.75-0.440.280.43-0.480.180.090.22-0.54-0.39-0.37-0.54-0.510.38-0.28-0.170.210.62-0.25-0.080.410.11
0.210.20.150.240.150.350.160.160.360.150.350.330.3-0.360.370.210.210.10.18-0.440.380.160.06-0.120.11
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Godawari Power Account Relationship Matchups

Godawari Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.8B34.7B48.9B51.6B55.5B29.8B
Short Long Term Debt Total17.0B9.0B4.3B3.2B516.3M490.5M
Other Current Liab434.9M484.4M2.1B488.8M1.5B1.6B
Total Current Liabilities4.5B4.1B12.4B9.5B7.5B5.8B
Total Stockholder Equity13.3B20.4B33.1B39.1B45.0B47.2B
Property Plant And Equipment Net24.0B21.5B21.3B24.1B27.4B18.5B
Net Debt16.9B8.9B4.2B(1.9B)(678.5M)(644.6M)
Retained Earnings7.9B14.6B28.3B35.1B44.4B46.6B
Accounts Payable1.8B1.9B5.4B5.2B5.3B5.6B
Cash22.5M85.9M110.0M5.1B1.2B774.7M
Non Current Assets Total25.5B24.5B25.1B28.4B31.4B20.1B
Cash And Short Term Investments22.5M85.9M2.3B8.4B8.7B9.1B
Short Term Investments266.3M694.6M2.2B3.4B4.3B4.5B
Liabilities And Stockholders Equity34.8B34.7B48.9B51.6B55.5B29.8B
Non Current Liabilities Total15.2B9.6B2.1B2.7B2.5B2.3B
Inventory5.6B5.0B8.7B8.1B9.0B9.5B
Other Current Assets1.7B1.9B5.8B2.4B4.2B4.5B
Other Stockholder Equity2.1B301.8M1.9B1.1B(621.8M)(590.7M)
Total Liab19.8B13.7B14.5B12.1B9.9B15.5B
Total Current Assets9.3B10.3B23.8B23.2B24.1B25.3B
Accumulated Other Comprehensive Income(5.9B)3.2B2.3B2.2B598.4M628.4M
Net Receivables1.8B2.8B3.5B4.3B2.1B2.2B
Short Term Debt2.3B1.3B4.2B3.1B424.3M403.1M
Intangible Assets73.4M50.5M41.2M263.8M647.4M679.8M
Current Deferred Revenue434.9M878.4M2.9B669.7M301.0M286.0M
Other Liab604.8M1.9B2.0B2.6B2.9B3.1B
Net Tangible Assets12.7B19.4B32.0B38.1B43.8B46.0B
Other Assets180.6M112.9M972.1M8.3M7.4M7.1M
Long Term Debt14.6B7.7B101.7M93.7M92M87.4M
Short Long Term Debt2.3B813.9M4.2B3.1B424.3M403.1M
Property Plant Equipment23.0B20.6B20.6B24.1B21.7B18.5B
Long Term Debt Total14.6B7.7B101.7M93.7M84.4M80.1M
Net Invested Capital30.2B28.9B37.4B42.2B45.5B38.5B

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