Rail Total Current Assets vs Total Assets Analysis

RVNL Stock   465.95  5.55  1.18%   
Rail Vikas financial indicator trend analysis is much more than just breaking down Rail Vikas Nigam prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rail Vikas Nigam is a good investment. Please check the relationship between Rail Vikas Total Current Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rail Vikas Nigam. 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rail Vikas Nigam Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Rail Vikas' Total Current Assets and Total Assets is 0.72. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Rail Vikas Nigam, assuming nothing else is changed. The correlation between historical values of Rail Vikas' Total Current Assets and Total Assets 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 Rail Vikas Nigam are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Rail Vikas' Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.72
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.

Total Assets

Total assets refers to the total amount of Rail Vikas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rail Vikas Nigam books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Rail Vikas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rail Vikas Nigam 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 Rail Vikas Nigam. 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 2.1 B in 2024. Tax Provision is likely to gain to about 5 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit14.8B15.6B17.1B9.0B
Total Revenue193.8B202.8B218.9B116.7B

Rail Vikas fundamental ratios Correlations

0.010.570.550.550.350.56-0.230.520.330.510.480.540.550.16-0.270.340.570.130.53-0.10.850.72-0.36-0.060.37
0.01-0.55-0.01-0.05-0.060.050.89-0.040.140.17-0.06-0.22-0.090.02-0.04-0.480.10.150.02-0.190.040.070.78-0.420.07
0.57-0.550.8-0.13-0.25-0.19-0.54-0.12-0.220.02-0.120.00.16-0.220.050.27-0.180.56-0.130.190.750.74-0.37-0.15-0.08
0.55-0.010.8-0.37-0.53-0.35-0.07-0.36-0.330.17-0.36-0.270.14-0.460.14-0.04-0.350.87-0.310.280.880.920.19-0.59-0.15
0.55-0.05-0.13-0.370.870.98-0.210.90.640.320.870.910.440.55-0.380.450.93-0.690.86-0.30.08-0.13-0.610.490.59
0.35-0.06-0.25-0.530.870.83-0.220.930.580.250.890.730.240.68-0.580.260.84-0.810.86-0.32-0.16-0.31-0.590.670.59
0.560.05-0.19-0.350.980.83-0.120.880.70.360.870.920.510.53-0.350.480.93-0.670.84-0.230.1-0.13-0.520.430.54
-0.230.89-0.54-0.07-0.21-0.22-0.12-0.240.04-0.29-0.21-0.35-0.41-0.070.09-0.5-0.130.23-0.2-0.14-0.13-0.10.85-0.46-0.01
0.52-0.04-0.12-0.360.90.930.88-0.240.570.290.980.810.320.5-0.720.330.84-0.680.97-0.30.01-0.18-0.580.450.73
0.330.14-0.22-0.330.640.580.70.040.570.20.580.680.560.69-0.020.640.75-0.530.49-0.410.03-0.12-0.340.48-0.03
0.510.170.020.170.320.250.36-0.290.290.20.190.290.760.19-0.040.120.48-0.140.35-0.070.420.42-0.190.090.03
0.48-0.06-0.12-0.360.870.890.87-0.210.980.580.190.850.320.4-0.710.410.78-0.670.96-0.17-0.03-0.24-0.560.390.72
0.54-0.220.0-0.270.910.730.92-0.350.810.680.290.850.630.37-0.280.740.81-0.620.8-0.070.13-0.12-0.680.410.42
0.55-0.090.160.140.440.240.51-0.410.320.560.760.320.630.220.180.720.55-0.220.360.030.440.32-0.420.2-0.18
0.160.02-0.22-0.460.550.680.53-0.070.50.690.190.40.370.22-0.020.230.71-0.650.38-0.56-0.12-0.16-0.430.83-0.03
-0.27-0.040.050.14-0.38-0.58-0.350.09-0.72-0.02-0.04-0.71-0.280.18-0.020.18-0.270.29-0.720.120.090.160.2-0.03-0.85
0.34-0.480.27-0.040.450.260.48-0.50.330.640.120.410.740.720.230.180.42-0.30.310.060.190.0-0.650.36-0.18
0.570.1-0.18-0.350.930.840.93-0.130.840.750.480.780.810.550.71-0.270.42-0.660.81-0.450.14-0.03-0.530.530.38
0.130.150.560.87-0.69-0.81-0.670.23-0.68-0.53-0.14-0.67-0.62-0.22-0.650.29-0.3-0.66-0.620.260.590.70.53-0.79-0.31
0.530.02-0.13-0.310.860.860.84-0.20.970.490.350.960.80.360.38-0.720.310.81-0.62-0.280.04-0.14-0.510.330.74
-0.1-0.190.190.28-0.3-0.32-0.23-0.14-0.3-0.41-0.07-0.17-0.070.03-0.560.120.06-0.450.26-0.280.070.010.14-0.32-0.09
0.850.040.750.880.08-0.160.1-0.130.010.030.42-0.030.130.44-0.120.090.190.140.590.040.070.96-0.06-0.360.0
0.720.070.740.92-0.13-0.31-0.13-0.1-0.18-0.120.42-0.24-0.120.32-0.160.160.0-0.030.7-0.140.010.960.06-0.4-0.13
-0.360.78-0.370.19-0.61-0.59-0.520.85-0.58-0.34-0.19-0.56-0.68-0.42-0.430.2-0.65-0.530.53-0.510.14-0.060.06-0.68-0.2
-0.06-0.42-0.15-0.590.490.670.43-0.460.450.480.090.390.410.20.83-0.030.360.53-0.790.33-0.32-0.36-0.4-0.68-0.03
0.370.07-0.08-0.150.590.590.54-0.010.73-0.030.030.720.42-0.18-0.03-0.85-0.180.38-0.310.74-0.090.0-0.13-0.2-0.03
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Rail Vikas Account Relationship Matchups

Rail Vikas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.9B141.5B198.8B184.2B196.1B162.2B
Short Long Term Debt Total45.6B59.3B66.4B64.4B60.3B55.6B
Other Current Liab16.7B13.8B17.7B16.9B17.7B27.8B
Total Current Liabilities27.0B25.1B68.5B44.4B45.8B48.1B
Total Stockholder Equity51.2B55.7B64.0B73.3B87.5B51.8B
Property Plant And Equipment Net3.0B3.2B3.6B3.4B4.5B4.7B
Current Deferred Revenue10.9B11.4B15.9B19.6B20.6B11.6B
Net Debt42.9B45.1B20.4B56.0B49.3B31.0B
Retained Earnings29.6B34.1B42.4B51.7B65.9B69.2B
Accounts Payable7.0B3.9B5.7B10.8B2.5B3.8B
Cash2.7B14.2B46.1B8.4B11.0B13.0B
Non Current Assets Total38.7B41.7B54.0B93.8B98.7B103.6B
Non Currrent Assets Other26.2B26.6B51.8B88.4B69.9B36.4B
Cash And Short Term Investments9.8B15.0B57.3B44.5B11.5B10.9B
Net Receivables56.7B57.2B43.2B39.0B18.8B28.7B
Short Term Investments7.1B815M11.2B36.1B389.5M370.0M
Liabilities And Stockholders Equity123.9B141.5B198.8B184.2B196.1B162.2B
Non Current Liabilities Total45.8B60.8B66.4B66.6B62.9B44.3B
Inventory91.8M234.9M499.1M589.3M647.2M614.8M
Other Current Assets18.5B42.3B43.8B54.2B66.6B69.9B
Other Stockholder Equity1.1B1.1B(1.0)0.0639M552.6M
Total Liab72.8B85.9B134.8B111.0B108.7B80.3B
Total Current Assets85.2B99.8B144.8B90.5B97.5B84.7B
Accumulated Other Comprehensive Income(361.4M)(416.2M)(739.8M)710M816.5M857.3M
Short Term Debt2.9B2.5B3.0B4.0B4.9B4.6B
Intangible Assets300.2M262.4M209M147.3M88.6M159.3M
Other Assets19.6B21.6B31.4B2.7B3.1B2.9B
Long Term Debt42.6B56.7B63.2B60.3B55.2B44.4B
Long Term Debt Total42.7B56.8B63.4B60.4B69.5B42.6B
Property Plant Equipment3.0B3.2B3.6B3.4B3.9B3.1B
Other Liab3.0B3.9B2.9B6.1B7.1B7.4B
Net Tangible Assets50.9B55.4B63.8B73.1B84.1B54.4B
Short Long Term Debt4.9B4.2B2.8B3.8B4.7B4.5B
Net Invested Capital98.6B112.4B129.9B137.3B147.3B121.3B
Net Working Capital58.2B74.8B76.3B46.0B51.7B58.6B

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