Mazagon Other Current Liab vs Total Stockholder Equity Analysis

MAZDOCK Stock   4,724  314.70  6.25%   
Mazagon Dock financial indicator trend analysis is infinitely more than just investigating Mazagon Dock Shipbuilders recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mazagon Dock Shipbuilders is a good investment. Please check the relationship between Mazagon Dock Other Current Liab and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Other Current Liab vs Total Stockholder Equity

Other Current Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mazagon Dock Shipbuilders Other Current Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mazagon Dock's Other Current Liab and Total Stockholder Equity is -0.32. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Mazagon Dock Shipbuilders, assuming nothing else is changed. The correlation between historical values of Mazagon Dock's Other Current Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Mazagon Dock Shipbuilders are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Liab i.e., Mazagon Dock's Other Current Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Mazagon Dock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mazagon Dock Shipbuilders 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The value of Selling General Administrative is expected to slide to about 911.2 M. The value of Tax Provision is estimated to slide to about 3.5 B
 2021 2022 2023 2024 (projected)
Gross Profit16.6B22.3B28.3B15.7B
Total Revenue57.2B78.3B94.7B52.7B

Mazagon Dock fundamental ratios Correlations

-0.010.440.870.340.06-0.590.730.210.56-0.03-0.15-0.280.42-0.410.08-0.770.560.45-0.230.860.97-0.64-0.630.660.66
-0.010.610.4-0.84-0.92-0.67-0.28-0.740.74-0.95-0.6-0.2-0.8-0.40.95-0.450.81-0.16-0.810.390.22-0.540.15-0.61-0.48
0.440.610.5-0.32-0.52-0.890.36-0.480.86-0.66-0.07-0.5-0.39-0.250.54-0.660.76-0.12-0.560.470.58-0.5-0.45-0.23-0.14
0.870.40.5-0.01-0.27-0.710.43-0.020.75-0.35-0.51-0.170.09-0.520.49-0.890.790.4-0.531.00.92-0.81-0.360.380.42
0.34-0.84-0.32-0.010.910.360.490.66-0.380.840.550.030.910.23-0.780.09-0.530.190.630.00.110.37-0.250.710.64
0.06-0.92-0.52-0.270.910.640.190.75-0.670.940.540.330.790.49-0.850.33-0.750.120.74-0.25-0.180.52-0.060.570.45
-0.59-0.67-0.89-0.710.360.64-0.40.54-0.980.740.270.520.290.54-0.650.78-0.91-0.020.62-0.68-0.750.630.460.06-0.07
0.73-0.280.360.430.490.19-0.40.350.310.180.3-0.670.42-0.26-0.31-0.510.190.430.120.40.66-0.28-0.730.510.47
0.21-0.74-0.48-0.020.660.750.540.35-0.550.820.120.180.540.41-0.620.1-0.550.440.49-0.010.00.04-0.240.510.29
0.560.740.860.75-0.38-0.67-0.980.31-0.55-0.76-0.38-0.45-0.31-0.550.73-0.80.930.01-0.680.730.73-0.65-0.36-0.10.04
-0.03-0.95-0.66-0.350.840.940.740.180.82-0.760.430.270.760.48-0.850.48-0.810.120.68-0.32-0.280.52-0.090.520.37
-0.15-0.6-0.07-0.510.550.540.270.30.12-0.380.43-0.230.420.14-0.790.29-0.570.050.71-0.54-0.250.66-0.030.190.2
-0.28-0.2-0.5-0.170.030.330.52-0.670.18-0.450.27-0.230.110.39-0.050.3-0.34-0.120.2-0.14-0.340.210.540.10.04
0.42-0.8-0.390.090.910.790.290.420.54-0.310.760.420.11-0.02-0.70.05-0.420.260.570.110.210.29-0.240.880.85
-0.41-0.4-0.25-0.520.230.490.54-0.260.41-0.550.480.140.39-0.02-0.290.53-0.57-0.530.31-0.51-0.510.380.06-0.24-0.39
0.080.950.540.49-0.78-0.85-0.65-0.31-0.620.73-0.85-0.79-0.05-0.7-0.29-0.440.82-0.25-0.860.50.28-0.620.06-0.5-0.39
-0.77-0.45-0.66-0.890.090.330.78-0.510.1-0.80.480.290.30.050.53-0.44-0.76-0.460.34-0.85-0.860.750.34-0.26-0.32
0.560.810.760.79-0.53-0.75-0.910.19-0.550.93-0.81-0.57-0.34-0.42-0.570.82-0.760.04-0.810.770.74-0.79-0.29-0.120.0
0.45-0.16-0.120.40.190.12-0.020.430.440.010.120.05-0.120.26-0.53-0.25-0.460.040.170.380.4-0.35-0.040.480.43
-0.23-0.81-0.56-0.530.630.740.620.120.49-0.680.680.710.20.570.31-0.860.34-0.810.17-0.55-0.390.650.140.410.34
0.860.390.471.00.0-0.25-0.680.4-0.010.73-0.32-0.54-0.140.11-0.510.5-0.850.770.38-0.550.91-0.8-0.340.380.42
0.970.220.580.920.11-0.18-0.750.660.00.73-0.28-0.25-0.340.21-0.510.28-0.860.740.4-0.390.91-0.74-0.580.510.55
-0.64-0.54-0.5-0.810.370.520.63-0.280.04-0.650.520.660.210.290.38-0.620.75-0.79-0.350.65-0.8-0.740.33-0.11-0.11
-0.630.15-0.45-0.36-0.25-0.060.46-0.73-0.24-0.36-0.09-0.030.54-0.240.060.060.34-0.29-0.040.14-0.34-0.580.33-0.38-0.33
0.66-0.61-0.230.380.710.570.060.510.51-0.10.520.190.10.88-0.24-0.5-0.26-0.120.480.410.380.51-0.11-0.380.97
0.66-0.48-0.140.420.640.45-0.070.470.290.040.370.20.040.85-0.39-0.39-0.320.00.430.340.420.55-0.11-0.330.97
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Mazagon Dock Account Relationship Matchups

Mazagon Dock fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets209.7B250.5B297.7B294.6B294.5B274.1B
Short Long Term Debt Total348.5M296.6M116.4M60.4M9.3M8.8M
Other Current Liab116.8B2.1B3.7B3.4B181.7B190.8B
Total Current Liabilities164.6B206.9B251.8B241.4B226.3B165.2B
Total Stockholder Equity30.7B34.3B38.6B47.6B62.4B36.4B
Property Plant And Equipment Net9.1B6.5B10.4B10.7B13.3B7.9B
Net Debt(4.5B)(7.1B)(7.1B)(18.6B)(35.2B)(37.0B)
Retained Earnings4.8B31.5B12.6B21.7B36.5B38.4B
Accounts Payable47.8B63.0B61.0B44.6B44.7B33.0B
Cash4.8B7.4B7.2B18.7B35.2B18.9B
Non Current Assets Total28.8B30.5B32.4B33.8B36.6B26.0B
Non Currrent Assets Other10.5B14.5B12.0B12.5B121.4B127.5B
Other Assets14.7B(2.4M)16.5B17.0B1.00.95
Cash And Short Term Investments58.0B80.3B114.8B135.1B142.1B95.3B
Net Receivables76.6B13.2B15.5B15.1B19.0B21.5B
Liabilities And Stockholders Equity209.7B250.5B297.7B294.6B294.5B274.1B
Non Current Liabilities Total14.4B9.2B7.3B5.6B5.7B10.5B
Inventory46.2B58.9B77.0B73.6B57.1B66.9B
Other Current Assets27.4M69.9B73.5B41.6B39.6B41.5B
Other Stockholder Equity(32.2M)(90K)1.023.9B23.2B24.4B
Total Liab179.0B216.2B259.1B247.0B232.1B172.8B
Total Current Assets180.9B220.0B265.3B260.9B257.9B248.1B
Accumulated Other Comprehensive Income23.8B24.0B23.9B23.9B681.4M647.3M
Intangible Assets171.5M119.2M80.6M173.6M216.8M182.1M
Current Deferred Revenue114.4B141.8B190.1B196.5B177.2B164.6B
Short Term Investments53.2B72.9B107.6B116.4B106.9B92.4B
Short Term Debt114.4B(142.6B)(187.0B)(193.6B)1.2M1.3M
Other Liab13.9B8.9B7.2B5.6B5.1B8.4B
Net Tangible Assets30.4B34.2B38.5B47.4B54.5B38.6B
Capital Lease Obligations348.5M296.6M116.4M60.4M9.3M8.8M
Net Invested Capital30.7B34.3B38.6B47.6B62.4B43.1B
Non Current Liabilities Other200K500K1.4B1.3B1.3B855.8M
Net Working Capital16.3B13.0B13.5B19.5B31.5B20.7B
Property Plant Equipment9.0B8.8B10.4B10.7B12.3B10.1B

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Other Information on Investing in Mazagon Stock

Balance Sheet is a snapshot of the financial position of Mazagon Dock Shipbuilders at a specified time, usually calculated after every quarter, six months, or one year. Mazagon Dock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mazagon Dock 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 Mazagon currently owns. An asset can also be divided into two categories, current and non-current.