RITES Free Cash Flow vs Net Borrowings Analysis

RITES Stock

303.55 5.95 2.00%

RITES financial indicator trend analysis is much more than just breaking down RITES Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RITES Limited is a good investment. Please check the relationship between RITES Free Cash Flow and its Net Borrowings accounts. 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.

Free Cash Flow vs Net Borrowings

Free Cash Flow vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RITES Limited Free Cash Flow account and Net Borrowings. At this time, the significance of the direction appears to have pay attention.

The correlation between RITES's Free Cash Flow and Net Borrowings is -0.71. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of RITES Limited, assuming nothing else is changed. The correlation between historical values of RITES's Free Cash Flow and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of RITES Limited are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Free Cash Flow i.e., RITES's Free Cash Flow and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.71

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from RITES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of the 12th of December 2024, Tax Provision is likely to grow to about 2.1 B, while Selling General Administrative is likely to drop about 104.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	46.3M	70.4M	47.1M	58.9M
Depreciation And Amortization	656.1M	666.9M	606.6M	463.5M

Interest Expense Depreciation And Amortization

RITES fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Retained Earnings
Total Assets		0.13	0.98	0.98	0.99	0.96	0.21	-0.92	0.5	0.95	0.59	-0.44	0.97	0.89	0.23	0.94	0.45	0.37	0.85	-0.29	0.98	1.0	-0.47	-0.26	0.95	-0.68
Short Long Term Debt Total	0.13		0.15	0.08	0.14	0.08	0.37	0.1	-0.38	0.05	-0.19	0.19	0.21	-0.02	-0.24	0.28	0.63	0.05	-0.09	-0.16	0.12	0.16	0.17	-0.2	-0.01	0.26
Other Current Liab	0.98	0.15		0.98	0.95	0.92	0.23	-0.89	0.4	0.92	0.52	-0.38	0.97	0.85	0.19	0.96	0.47	0.31	0.81	-0.28	0.98	0.98	-0.43	-0.39	0.93	-0.72
Total Current Liabilities	0.98	0.08	0.98		0.94	0.93	0.26	-0.91	0.55	0.92	0.57	-0.48	0.95	0.84	0.17	0.93	0.42	0.47	0.87	-0.21	1.0	0.98	-0.44	-0.34	0.93	-0.71
Total Stockholder Equity	0.99	0.14	0.95	0.94		0.96	0.15	-0.91	0.45	0.93	0.6	-0.4	0.95	0.91	0.3	0.92	0.41	0.27	0.81	-0.37	0.94	0.98	-0.46	-0.19	0.93	-0.65
Property Plant And Equipment Net	0.96	0.08	0.92	0.93	0.96		0.09	-0.87	0.59	0.89	0.7	-0.42	0.88	0.95	0.4	0.84	0.38	0.33	0.81	-0.25	0.93	0.94	-0.52	-0.08	0.93	-0.56
Current Deferred Revenue	0.21	0.37	0.23	0.26	0.15	0.09		-0.27	0.04	0.33	-0.22	-0.59	0.3	0.01	-0.72	0.28	0.3	0.48	0.42	0.02	0.27	0.25	0.07	-0.36	0.11	-0.19
Net Debt	-0.92	0.1	-0.89	-0.91	-0.91	-0.87	-0.27		-0.55	-0.99	-0.57	0.52	-0.91	-0.84	-0.09	-0.84	-0.4	-0.31	-0.86	0.15	-0.9	-0.92	0.54	0.22	-0.89	0.7
Accounts Payable	0.5	-0.38	0.4	0.55	0.45	0.59	0.04	-0.55		0.49	0.56	-0.65	0.38	0.58	0.2	0.31	0.03	0.56	0.69	0.0	0.53	0.47	-0.53	0.08	0.51	-0.27
Cash	0.95	0.05	0.92	0.92	0.93	0.89	0.33	-0.99	0.49		0.55	-0.48	0.95	0.84	0.06	0.89	0.5	0.31	0.85	-0.18	0.93	0.94	-0.52	-0.25	0.89	-0.66
Non Current Assets Total	0.59	-0.19	0.52	0.57	0.6	0.7	-0.22	-0.57	0.56	0.55		-0.17	0.43	0.67	0.42	0.36	0.04	0.16	0.49	0.16	0.55	0.51	-0.22	0.26	0.57	-0.11
Non Currrent Assets Other	-0.44	0.19	-0.38	-0.48	-0.4	-0.42	-0.59	0.52	-0.65	-0.48	-0.17		-0.38	-0.44	0.3	-0.32	0.01	-0.57	-0.83	0.32	-0.46	-0.45	0.33	0.16	-0.38	0.39
Cash And Short Term Investments	0.97	0.21	0.97	0.95	0.95	0.88	0.3	-0.91	0.38	0.95	0.43	-0.38		0.8	0.09	0.99	0.55	0.31	0.79	-0.31	0.96	0.98	-0.43	-0.39	0.9	-0.72
Net Receivables	0.89	-0.02	0.85	0.84	0.91	0.95	0.01	-0.84	0.58	0.84	0.67	-0.44	0.8		0.44	0.76	0.36	0.1	0.78	-0.36	0.83	0.87	-0.57	0.03	0.87	-0.51
Common Stock Shares Outstanding	0.23	-0.24	0.19	0.17	0.3	0.4	-0.72	-0.09	0.2	0.06	0.42	0.3	0.09	0.44		0.11	-0.26	-0.21	-0.07	-0.14	0.14	0.2	-0.19	0.42	0.39	-0.12
Short Term Investments	0.94	0.28	0.96	0.93	0.92	0.84	0.28	-0.84	0.31	0.89	0.36	-0.32	0.99	0.76	0.11		0.56	0.3	0.74	-0.36	0.94	0.96	-0.38	-0.44	0.87	-0.72
Non Current Liabilities Total	0.45	0.63	0.47	0.42	0.41	0.38	0.3	-0.4	0.03	0.5	0.04	0.01	0.55	0.36	-0.26	0.56		-0.01	0.27	-0.1	0.49	0.48	-0.29	-0.24	0.3	-0.02
Inventory	0.37	0.05	0.31	0.47	0.27	0.33	0.48	-0.31	0.56	0.31	0.16	-0.57	0.31	0.1	-0.21	0.3	-0.01		0.54	0.13	0.46	0.37	-0.09	-0.27	0.34	-0.3
Other Current Assets	0.85	-0.09	0.81	0.87	0.81	0.81	0.42	-0.86	0.69	0.85	0.49	-0.83	0.79	0.78	-0.07	0.74	0.27	0.54		-0.32	0.86	0.85	-0.5	-0.29	0.77	-0.64
Other Stockholder Equity	-0.29	-0.16	-0.28	-0.21	-0.37	-0.25	0.02	0.15	0.0	-0.18	0.16	0.32	-0.31	-0.36	-0.14	-0.36	-0.1	0.13	-0.32		-0.21	-0.33	0.0	0.04	-0.25	0.25
Total Liab	0.98	0.12	0.98	1.0	0.94	0.93	0.27	-0.9	0.53	0.93	0.55	-0.46	0.96	0.83	0.14	0.94	0.49	0.46	0.86	-0.21		0.98	-0.45	-0.34	0.92	-0.69
Total Current Assets	1.0	0.16	0.98	0.98	0.98	0.94	0.25	-0.92	0.47	0.94	0.51	-0.45	0.98	0.87	0.2	0.96	0.48	0.37	0.85	-0.33	0.98		-0.47	-0.31	0.94	-0.71
Short Term Debt	-0.47	0.17	-0.43	-0.44	-0.46	-0.52	0.07	0.54	-0.53	-0.52	-0.22	0.33	-0.43	-0.57	-0.19	-0.38	-0.29	-0.09	-0.5	0.0	-0.45	-0.47		0.25	-0.45	0.41
Intangible Assets	-0.26	-0.2	-0.39	-0.34	-0.19	-0.08	-0.36	0.22	0.08	-0.25	0.26	0.16	-0.39	0.03	0.42	-0.44	-0.24	-0.27	-0.29	0.04	-0.34	-0.31	0.25		-0.22	0.46
Common Stock	0.95	-0.01	0.93	0.93	0.93	0.93	0.11	-0.89	0.51	0.89	0.57	-0.38	0.9	0.87	0.39	0.87	0.3	0.34	0.77	-0.25	0.92	0.94	-0.45	-0.22		-0.67
Retained Earnings	-0.68	0.26	-0.72	-0.71	-0.65	-0.56	-0.19	0.7	-0.27	-0.66	-0.11	0.39	-0.72	-0.51	-0.12	-0.72	-0.02	-0.3	-0.64	0.25	-0.69	-0.71	0.41	0.46	-0.67

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RITES Account Relationship Matchups

RITES fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.0B	58.3B	58.2B	59.7B	56.6B	54.6B
Short Long Term Debt Total	474.7M	365.5M	275.9M	54.2M	80M	76M
Other Current Liab	27.0B	25.2B	27.5B	26.3B	25.2B	25.3B
Total Current Liabilities	28.9B	30.9B	30.1B	29.5B	27.4B	27.7B
Total Stockholder Equity	26.3B	23.9B	24.9B	26.0B	26.1B	23.5B
Property Plant And Equipment Net	5.9B	6.0B	6.2B	6.5B	7.0B	5.0B
Current Deferred Revenue	27.4B	28.0B	27.8B	25.8B	640.6M	608.6M
Net Debt	(8.3B)	(7.8B)	(7.8B)	(10.4B)	(6.5B)	(6.9B)
Accounts Payable	1.4B	3.0B	1.8B	3.0B	2.2B	1.8B
Cash	8.8B	8.1B	8.1B	10.5B	6.6B	7.0B
Non Current Assets Total	9.0B	10.2B	11.6B	11.4B	11.5B	10.9B
Non Currrent Assets Other	1.2B	2.2B	2.7B	3.5B	27.2B	28.6B
Cash And Short Term Investments	37.4B	34.7B	33.7B	37.9B	31.4B	33.4B
Net Receivables	11.5B	8.1B	9.9B	12.0B	12.2B	8.8B
Short Term Investments	28.6B	26.6B	25.7B	27.4B	24.8B	26.3B
Liabilities And Stockholders Equity	59.0B	58.3B	58.2B	59.7B	56.6B	54.6B
Non Current Liabilities Total	2.9B	2.6B	2.1B	3.0B	2.0B	2.8B
Inventory	106.7M	2.9B	1.2B	309.1M	49.3M	46.8M
Other Current Assets	28.3B	28.2B	29.6B	28.7B	12.9B	17.5B
Other Stockholder Equity	(47.3B)	16.2B	16.2B	16.2B	(7.4B)	(7.1B)
Total Liab	31.9B	33.5B	32.3B	32.5B	29.4B	30.4B
Total Current Assets	50.1B	48.1B	46.6B	48.3B	45.1B	43.7B
Accumulated Other Comprehensive Income	(1.9B)	16.2B	16.2B	16.2B	16.2B	17.1B
Short Term Debt	105M	97.4M	99.4M	(177.8M)	16.2M	15.4M
Intangible Assets	41.9M	40.2M	26.1M	42.7M	56.7M	32.0M
Retained Earnings	4.7B	5.3B	6.2B	7.4B	7.4B	7.2B
Other Liab	1.9B	2.8B	2.3B	2.0B	2.3B	2.5B
Net Tangible Assets	24.2B	26.3B	23.9B	24.9B	28.6B	24.3B
Other Assets	1.7B	2.4B	3.1B	2.0B	2.3B	2.6B
Long Term Debt	476.5M	399.3M	325.9M	246.4M	169.8M	0.0
Deferred Long Term Liab	21.1M	20.4M	15.1M	11.7M	44.4M	24.8M
Property Plant Equipment	5.9B	6.0B	6.2B	6.5B	7.5B	5.5B
Long Term Debt Total	369.7M	268.1M	176.5M	45.2M	40.7M	38.6M
Cash And Equivalents	5.0B	2.9B	6.5B	18.2B	21.0B	22.0B
Net Invested Capital	26.7B	24.2B	25.1B	26.0B	26.1B	27.6B
Net Working Capital	21.1B	17.2B	16.5B	18.8B	17.7B	14.5B

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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.

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RITES Free Cash Flow vs Net Borrowings Analysis

Free Cash Flow vs Net Borrowings

Free Cash Flow vs Net Borrowings Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Borrowings

RITES fundamental ratios Correlations

RITES Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RITES fundamental ratios Accounts

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Other Information on Investing in RITES Stock

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MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Other Current Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Total Assets

Cash	- 0.99	Net Debt
Total Current Assets	- 0.92	Net Debt
Net Debt	- 0.92	Total Assets
Cash And Short Term Investments	- 0.91	Net Debt
Net Debt	- 0.91	Total Stockholder Equity
Net Debt	- 0.91	Total Current Liabilities