Radico Total Current Assets vs Common Stock Shares Outstanding Analysis

RADICO Stock   2,385  35.45  1.46%   
Radico Khaitan financial indicator trend analysis is much more than just breaking down Radico Khaitan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radico Khaitan is a good investment. Please check the relationship between Radico Khaitan Total Current Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radico Khaitan 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 main economic indicators.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radico Khaitan Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Radico Khaitan's Total Current Assets and Common Stock Shares Outstanding is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Radico Khaitan Limited, assuming nothing else is changed. The correlation between historical values of Radico Khaitan's Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Radico Khaitan Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Radico Khaitan's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Radico Khaitan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radico Khaitan 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radico Khaitan 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 main economic indicators.
As of December 4, 2024, Selling General Administrative is expected to decline to about 200.3 M. In addition to that, Tax Provision is expected to decline to about 712.5 M
 2021 2022 2023 2024 (projected)
Gross Profit12.3B13.1B14.4B9.3B
Total Revenue28.4B31.4B41.2B43.2B

Radico Khaitan fundamental ratios Correlations

0.120.460.830.820.760.130.740.810.740.80.080.27-0.730.59-0.56-0.050.8-0.23-0.080.730.98-0.810.570.73-0.04
0.120.010.42-0.240.010.73-0.34-0.15-0.270.00.09-0.060.00.280.170.71-0.170.640.440.730.130.280.34-0.140.0
0.460.010.170.640.72-0.320.670.210.570.70.170.55-0.180.24-0.150.20.7-0.15-0.450.30.39-0.34-0.050.17-0.49
0.830.420.170.540.540.440.370.750.340.60.33-0.08-0.840.73-0.54-0.090.52-0.060.30.860.84-0.70.730.770.05
0.82-0.240.640.540.92-0.090.970.710.770.950.050.36-0.690.51-0.58-0.230.98-0.41-0.240.430.8-0.910.210.7-0.24
0.760.010.720.540.920.120.920.60.660.990.020.48-0.550.41-0.350.070.97-0.31-0.260.580.7-0.760.050.56-0.3
0.130.73-0.320.44-0.090.12-0.16-0.04-0.280.12-0.01-0.09-0.160.180.130.46-0.030.40.430.640.15-0.010.140.06-0.02
0.74-0.340.670.370.970.92-0.160.610.80.92-0.050.52-0.510.28-0.4-0.170.98-0.48-0.430.30.68-0.82-0.020.57-0.27
0.81-0.150.210.750.710.6-0.040.610.530.650.140.0-0.740.53-0.59-0.410.66-0.520.00.470.77-0.830.520.850.22
0.74-0.270.570.340.770.66-0.280.80.530.65-0.030.7-0.370.23-0.25-0.080.77-0.28-0.560.270.72-0.630.180.35-0.03
0.80.00.70.60.950.990.120.920.650.650.070.4-0.640.49-0.44-0.010.98-0.33-0.20.60.75-0.820.140.64-0.29
0.080.090.170.330.050.02-0.01-0.050.14-0.030.07-0.06-0.340.25-0.07-0.370.02-0.14-0.090.120.07-0.20.210.35-0.39
0.27-0.060.55-0.080.360.48-0.090.520.00.70.4-0.060.21-0.350.470.340.47-0.16-0.810.120.18-0.11-0.42-0.18-0.18
-0.730.0-0.18-0.84-0.69-0.55-0.16-0.51-0.74-0.37-0.64-0.340.21-0.810.790.47-0.620.19-0.32-0.54-0.780.88-0.64-0.85-0.04
0.590.280.240.730.510.410.180.280.530.230.490.25-0.35-0.81-0.83-0.150.430.180.520.610.69-0.590.820.59-0.01
-0.560.17-0.15-0.54-0.58-0.350.13-0.4-0.59-0.25-0.44-0.070.470.79-0.830.46-0.450.11-0.44-0.27-0.650.69-0.71-0.70.01
-0.050.710.2-0.09-0.230.070.46-0.17-0.41-0.08-0.01-0.370.340.47-0.150.46-0.110.630.010.42-0.090.49-0.14-0.58-0.05
0.8-0.170.70.520.980.97-0.030.980.660.770.980.020.47-0.620.43-0.45-0.11-0.4-0.310.470.76-0.850.110.63-0.26
-0.230.64-0.15-0.06-0.41-0.310.4-0.48-0.52-0.28-0.33-0.14-0.160.190.180.110.63-0.40.490.26-0.10.490.21-0.530.15
-0.080.44-0.450.3-0.24-0.260.43-0.430.0-0.56-0.2-0.09-0.81-0.320.52-0.440.01-0.310.490.270.030.060.510.150.36
0.730.730.30.860.430.580.640.30.470.270.60.120.12-0.540.61-0.270.420.470.260.270.72-0.410.550.42-0.02
0.980.130.390.840.80.70.150.680.770.720.750.070.18-0.780.69-0.65-0.090.76-0.10.030.72-0.810.670.720.0
-0.810.28-0.34-0.7-0.91-0.76-0.01-0.82-0.83-0.63-0.82-0.2-0.110.88-0.590.690.49-0.850.490.06-0.41-0.81-0.38-0.880.09
0.570.34-0.050.730.210.050.14-0.020.520.180.140.21-0.42-0.640.82-0.71-0.140.110.210.510.550.67-0.380.50.22
0.73-0.140.170.770.70.560.060.570.850.350.640.35-0.18-0.850.59-0.7-0.580.63-0.530.150.420.72-0.880.5-0.09
-0.040.0-0.490.05-0.24-0.3-0.02-0.270.22-0.03-0.29-0.39-0.18-0.04-0.010.01-0.05-0.260.150.36-0.020.00.090.22-0.09
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Radico Khaitan Account Relationship Matchups

Radico Khaitan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.8B27.1B27.8B37.2B40.9B22.3B
Short Long Term Debt Total4.1B2.9B2.0B7.5B8.2B4.8B
Other Current Liab34.1M1.1B2.5B3.2B4.5B4.7B
Total Current Liabilities8.4B8.2B6.5B10.9B12.1B6.8B
Total Stockholder Equity15.4B17.9B20.3B22.1B24.4B25.6B
Property Plant And Equipment Net7.5B8.2B8.4B15.5B17.5B18.3B
Net Debt4.0B1.7B1.0B6.3B7.2B5.7B
Retained Earnings7.4B9.8B12.2B13.9B16.2B17.0B
Accounts Payable2.6B2.6B1.5B2.7B2.7B1.7B
Cash101.0M1.2B997.0M1.2B962.1M536.2M
Non Current Assets Total10.6B10.9B11.7B18.4B20.2B21.2B
Non Currrent Assets Other260.5M671.6M846.3M531.6M602.5M768.6M
Cash And Short Term Investments101.0M1.2B999.6M1.8B1.3B1.2B
Short Term Investments66.1M378.4M2.6M555.0M353.1M335.4M
Liabilities And Stockholders Equity24.8B27.1B27.8B37.2B40.9B22.3B
Non Current Liabilities Total964.2M1.0B1.0B4.2B4.4B3.0B
Inventory3.7B4.9B5.4B7.2B7.8B8.2B
Other Current Assets52.1M2.2B2.1B2.0B2.2B2.6B
Other Stockholder Equity9.6B3.8B3.8B3.8B3.9B5.6B
Total Liab9.4B9.2B7.5B15.1B16.6B10.9B
Total Current Assets14.2B16.2B16.1B18.8B20.8B12.6B
Accumulated Other Comprehensive Income(1.8B)4.0B4.0B4.0B4.1B4.3B
Intangible Assets138.9M115.1M107.0M92.5M81.6M77.5M
Common Stock266.8M267.1M267.1M267.3M267.4M226.0M
Net Receivables10.3B7.7B8.0B8.2B9.8B7.7B
Current Deferred Revenue1.7B2.2B424.8M2.2B326.9M310.5M
Short Term Debt4.0B2.8B1.9B4.2B4.7B3.6B
Other Liab1.2B912.6M914.3M881.0M1.0B959.5M
Net Tangible Assets13.2B15.3B17.8B20.2B23.2B13.8B
Other Assets1.2B775.6M1.4B531.6M478.4M454.5M
Long Term Debt15.3M2.7M50.2M2.9B2.9B3.0B
Short Long Term Debt4.0B2.7B1.8B4.1B4.5B3.2B
Property Plant Equipment7.5B8.2B8.4B15.5B17.8B18.7B
Long Term Debt Total51.5M109.8M124.7M3.3B3.8B4.0B
Capital Surpluse3.8B3.8B3.8B3.8B4.4B4.2B
Capital Lease Obligations86.5M148.4M116.7M568.8M812.6M853.3M
Net Invested Capital19.4B20.7B21.9B29.0B31.8B24.7B

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Other Information on Investing in Radico Stock

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