RITES Historical Balance Sheet

RITES Stock   286.30  5.05  1.80%   
Trend analysis of RITES Limited balance sheet accounts such as Total Stockholder Equity of 23.5 B, Property Plant And Equipment Net of 5 B, Current Deferred Revenue of 608.6 M or Accounts Payable of 1.8 B provides information on RITES's total assets, liabilities, and equity, which is the actual value of RITES Limited to its prevalent stockholders. By breaking down trends over time using RITES balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining RITES Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether RITES Limited is a good buy for the upcoming year.

RITES Inventory

46.84 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RITES 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 state.

About RITES Balance Sheet Analysis

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

RITES Balance Sheet Chart

At this time, RITES's Non Current Liabilities Total is very stable compared to the past year. As of the 4th of December 2024, Other Current Assets is likely to grow to about 17.5 B, while Total Assets are likely to drop about 54.6 B.

Total Current Liabilities

Total Current Liabilities is an item on RITES balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of RITES Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
Most accounts from RITES's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into RITES Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 RITES 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 state.
At this time, RITES's Non Current Liabilities Total is very stable compared to the past year. As of the 4th of December 2024, Other Current Assets is likely to grow to about 17.5 B, while Total Assets are likely to drop about 54.6 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total275.9M54.2M80M76M
Total Assets58.2B59.7B56.6B54.6B

RITES balance sheet Correlations

0.130.980.980.990.960.21-0.920.50.950.59-0.440.970.890.230.940.450.370.85-0.290.981.0-0.47-0.260.95-0.68
0.130.150.080.140.080.370.1-0.380.05-0.190.190.21-0.02-0.240.280.630.05-0.09-0.160.120.160.17-0.2-0.010.26
0.980.150.980.950.920.23-0.890.40.920.52-0.380.970.850.190.960.470.310.81-0.280.980.98-0.43-0.390.93-0.72
0.980.080.980.940.930.26-0.910.550.920.57-0.480.950.840.170.930.420.470.87-0.211.00.98-0.44-0.340.93-0.71
0.990.140.950.940.960.15-0.910.450.930.6-0.40.950.910.30.920.410.270.81-0.370.940.98-0.46-0.190.93-0.65
0.960.080.920.930.960.09-0.870.590.890.7-0.420.880.950.40.840.380.330.81-0.250.930.94-0.52-0.080.93-0.56
0.210.370.230.260.150.09-0.270.040.33-0.22-0.590.30.01-0.720.280.30.480.420.020.270.250.07-0.360.11-0.19
-0.920.1-0.89-0.91-0.91-0.87-0.27-0.55-0.99-0.570.52-0.91-0.84-0.09-0.84-0.4-0.31-0.860.15-0.9-0.920.540.22-0.890.7
0.5-0.380.40.550.450.590.04-0.550.490.56-0.650.380.580.20.310.030.560.690.00.530.47-0.530.080.51-0.27
0.950.050.920.920.930.890.33-0.990.490.55-0.480.950.840.060.890.50.310.85-0.180.930.94-0.52-0.250.89-0.66
0.59-0.190.520.570.60.7-0.22-0.570.560.55-0.170.430.670.420.360.040.160.490.160.550.51-0.220.260.57-0.11
-0.440.19-0.38-0.48-0.4-0.42-0.590.52-0.65-0.48-0.17-0.38-0.440.3-0.320.01-0.57-0.830.32-0.46-0.450.330.16-0.380.39
0.970.210.970.950.950.880.3-0.910.380.950.43-0.380.80.090.990.550.310.79-0.310.960.98-0.43-0.390.9-0.72
0.89-0.020.850.840.910.950.01-0.840.580.840.67-0.440.80.440.760.360.10.78-0.360.830.87-0.570.030.87-0.51
0.23-0.240.190.170.30.4-0.72-0.090.20.060.420.30.090.440.11-0.26-0.21-0.07-0.140.140.2-0.190.420.39-0.12
0.940.280.960.930.920.840.28-0.840.310.890.36-0.320.990.760.110.560.30.74-0.360.940.96-0.38-0.440.87-0.72
0.450.630.470.420.410.380.3-0.40.030.50.040.010.550.36-0.260.56-0.010.27-0.10.490.48-0.29-0.240.3-0.02
0.370.050.310.470.270.330.48-0.310.560.310.16-0.570.310.1-0.210.3-0.010.540.130.460.37-0.09-0.270.34-0.3
0.85-0.090.810.870.810.810.42-0.860.690.850.49-0.830.790.78-0.070.740.270.54-0.320.860.85-0.5-0.290.77-0.64
-0.29-0.16-0.28-0.21-0.37-0.250.020.150.0-0.180.160.32-0.31-0.36-0.14-0.36-0.10.13-0.32-0.21-0.330.00.04-0.250.25
0.980.120.981.00.940.930.27-0.90.530.930.55-0.460.960.830.140.940.490.460.86-0.210.98-0.45-0.340.92-0.69
1.00.160.980.980.980.940.25-0.920.470.940.51-0.450.980.870.20.960.480.370.85-0.330.98-0.47-0.310.94-0.71
-0.470.17-0.43-0.44-0.46-0.520.070.54-0.53-0.52-0.220.33-0.43-0.57-0.19-0.38-0.29-0.09-0.50.0-0.45-0.470.25-0.450.41
-0.26-0.2-0.39-0.34-0.19-0.08-0.360.220.08-0.250.260.16-0.390.030.42-0.44-0.24-0.27-0.290.04-0.34-0.310.25-0.220.46
0.95-0.010.930.930.930.930.11-0.890.510.890.57-0.380.90.870.390.870.30.340.77-0.250.920.94-0.45-0.22-0.67
-0.680.26-0.72-0.71-0.65-0.56-0.190.7-0.27-0.66-0.110.39-0.72-0.51-0.12-0.72-0.02-0.3-0.640.25-0.69-0.710.410.46-0.67
Click cells to compare fundamentals

RITES Account Relationship Matchups

RITES balance sheet Accounts

201920202021202220232024 (projected)
Total Assets59.0B58.3B58.2B59.7B56.6B54.6B
Short Long Term Debt Total474.7M365.5M275.9M54.2M80M76M
Other Current Liab27.0B25.2B27.5B26.3B25.2B25.3B
Total Current Liabilities28.9B30.9B30.1B29.5B27.4B27.7B
Total Stockholder Equity26.3B23.9B24.9B26.0B26.1B23.5B
Property Plant And Equipment Net5.9B6.0B6.2B6.5B7.0B5.0B
Current Deferred Revenue27.4B28.0B27.8B25.8B640.6M608.6M
Net Debt(8.3B)(7.8B)(7.8B)(10.4B)(6.5B)(6.9B)
Accounts Payable1.4B3.0B1.8B3.0B2.2B1.8B
Cash8.8B8.1B8.1B10.5B6.6B7.0B
Non Current Assets Total9.0B10.2B11.6B11.4B11.5B10.9B
Non Currrent Assets Other1.2B2.2B2.7B3.5B27.2B28.6B
Cash And Short Term Investments37.4B34.7B33.7B37.9B31.4B33.4B
Net Receivables11.5B8.1B9.9B12.0B12.2B8.8B
Short Term Investments28.6B26.6B25.7B27.4B24.8B26.3B
Liabilities And Stockholders Equity59.0B58.3B58.2B59.7B56.6B54.6B
Non Current Liabilities Total2.9B2.6B2.1B3.0B2.0B2.8B
Inventory106.7M2.9B1.2B309.1M49.3M46.8M
Other Current Assets28.3B28.2B29.6B28.7B12.9B17.5B
Other Stockholder Equity(47.3B)16.2B16.2B16.2B(7.4B)(7.1B)
Total Liab31.9B33.5B32.3B32.5B29.4B30.4B
Total Current Assets50.1B48.1B46.6B48.3B45.1B43.7B
Accumulated Other Comprehensive Income(1.9B)16.2B16.2B16.2B16.2B17.1B
Short Term Debt105M97.4M99.4M(177.8M)16.2M15.4M
Intangible Assets41.9M40.2M26.1M42.7M56.7M32.0M
Retained Earnings4.7B5.3B6.2B7.4B7.4B7.2B
Other Liab1.9B2.8B2.3B2.0B2.3B2.5B
Net Tangible Assets24.2B26.3B23.9B24.9B28.6B24.3B
Other Assets1.7B2.4B3.1B2.0B2.3B2.6B
Long Term Debt476.5M399.3M325.9M246.4M169.8M0.0
Deferred Long Term Liab21.1M20.4M15.1M11.7M44.4M24.8M
Property Plant Equipment5.9B6.0B6.2B6.5B7.5B5.5B
Long Term Debt Total369.7M268.1M176.5M45.2M40.7M38.6M
Cash And Equivalents5.0B2.9B6.5B18.2B21.0B22.0B
Net Invested Capital26.7B24.2B25.1B26.0B26.1B27.6B
Net Working Capital21.1B17.2B16.5B18.8B17.7B14.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in RITES Stock

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