Taj Common Stock vs Total Assets Analysis

TAJGVK Stock   342.05  3.05  0.90%   
Taj GVK financial indicator trend analysis is much more than just breaking down Taj GVK Hotels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taj GVK Hotels is a good investment. Please check the relationship between Taj GVK Common Stock and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taj GVK Hotels Common Stock account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Taj GVK's Common Stock and Total Assets is 0.23. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Taj GVK Hotels, assuming nothing else is changed. The correlation between historical values of Taj GVK's Common Stock 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 Common Stock of Taj GVK Hotels 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 Common Stock i.e., Taj GVK's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Total Assets

Total assets refers to the total amount of Taj GVK 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 Taj GVK Hotels 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 Taj GVK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taj GVK Hotels 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
The current year's Tax Provision is expected to grow to about 321.8 M, whereas Selling General Administrative is forecasted to decline to about 147.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B2.5B2.6B1.6B
Total Revenue2.3B3.8B4.1B2.9B

Taj GVK fundamental ratios Correlations

0.54-0.010.60.810.960.360.60.670.170.960.030.20.34-0.120.590.81-0.070.040.780.140.23-0.820.03-0.090.02
0.54-0.21-0.2-0.030.630.88-0.220.03-0.430.710.21-0.45-0.030.210.980.59-0.660.380.94-0.49-0.36-0.32-0.01-0.25-0.32
-0.01-0.210.030.14-0.01-0.20.31-0.120.19-0.080.030.140.01-0.1-0.18-0.140.14-0.33-0.170.180.230.090.12-0.36-0.44
0.6-0.20.030.830.51-0.310.780.650.570.42-0.290.60.38-0.24-0.20.350.4-0.160.090.540.46-0.65-0.040.440.55
0.81-0.030.140.830.7-0.170.880.720.490.66-0.060.520.41-0.30.020.550.34-0.220.260.490.54-0.78-0.010.050.27
0.960.63-0.010.510.70.440.550.50.050.980.010.070.24-0.110.660.84-0.20.040.820.010.13-0.85-0.12-0.130.0
0.360.88-0.2-0.31-0.170.44-0.31-0.09-0.770.550.25-0.77-0.070.630.860.5-0.810.350.78-0.8-0.65-0.15-0.1-0.41-0.35
0.6-0.220.310.780.880.55-0.310.510.470.460.010.490.23-0.31-0.180.330.38-0.260.040.460.55-0.7-0.260.110.19
0.670.03-0.120.650.720.5-0.090.510.440.51-0.170.530.43-0.190.150.370.43-0.130.340.490.38-0.390.440.120.07
0.17-0.430.190.570.490.05-0.770.470.44-0.04-0.250.980.17-0.85-0.41-0.160.75-0.18-0.250.970.87-0.180.260.520.33
0.960.71-0.080.420.660.980.550.460.51-0.040.12-0.020.23-0.020.750.86-0.270.110.88-0.080.06-0.81-0.06-0.18-0.06
0.030.210.03-0.29-0.060.010.250.01-0.17-0.250.12-0.27-0.060.090.20.22-0.370.460.12-0.27-0.11-0.14-0.02-0.08-0.48
0.2-0.450.140.60.520.07-0.770.490.530.98-0.02-0.270.26-0.8-0.4-0.120.76-0.2-0.240.980.81-0.20.30.490.32
0.34-0.030.010.380.410.24-0.070.230.430.170.23-0.060.260.060.010.310.33-0.080.120.33-0.1-0.270.18-0.080.05
-0.120.21-0.1-0.24-0.3-0.110.63-0.31-0.19-0.85-0.020.09-0.80.060.190.07-0.540.030.12-0.8-0.850.19-0.07-0.39-0.14
0.590.98-0.18-0.20.020.660.86-0.180.15-0.410.750.2-0.40.010.190.63-0.60.340.96-0.45-0.33-0.310.07-0.32-0.42
0.810.59-0.140.350.550.840.50.330.37-0.160.860.22-0.120.310.070.63-0.390.180.74-0.16-0.09-0.8-0.15-0.24-0.04
-0.07-0.660.140.40.34-0.2-0.810.380.430.75-0.27-0.370.760.33-0.54-0.6-0.39-0.51-0.50.810.550.060.280.260.25
0.040.38-0.33-0.16-0.220.040.35-0.26-0.13-0.180.110.46-0.2-0.080.030.340.18-0.510.3-0.2-0.030.07-0.160.44-0.25
0.780.94-0.170.090.260.820.780.040.34-0.250.880.12-0.240.120.120.960.74-0.50.3-0.3-0.2-0.510.06-0.2-0.26
0.14-0.490.180.540.490.01-0.80.460.490.97-0.08-0.270.980.33-0.8-0.45-0.160.81-0.2-0.30.82-0.120.290.440.26
0.23-0.360.230.460.540.13-0.650.550.380.870.06-0.110.81-0.1-0.85-0.33-0.090.55-0.03-0.20.82-0.190.080.40.18
-0.82-0.320.09-0.65-0.78-0.85-0.15-0.7-0.39-0.18-0.81-0.14-0.2-0.270.19-0.31-0.80.060.07-0.51-0.12-0.190.28-0.03-0.32
0.03-0.010.12-0.04-0.01-0.12-0.1-0.260.440.26-0.06-0.020.30.18-0.070.07-0.150.28-0.160.060.290.080.28-0.07-0.21
-0.09-0.25-0.360.440.05-0.13-0.410.110.120.52-0.18-0.080.49-0.08-0.39-0.32-0.240.260.44-0.20.440.4-0.03-0.070.48
0.02-0.32-0.440.550.270.0-0.350.190.070.33-0.06-0.480.320.05-0.14-0.42-0.040.25-0.25-0.260.260.18-0.32-0.210.48
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Taj GVK Account Relationship Matchups

Taj GVK fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.0B7.0B7.6B8.2B6.9B
Short Long Term Debt Total2.1B2.2B2.1B1.4B1.1B2.0B
Other Current Liab486.4M161.0M261.1M287.4M414.1M238.8M
Total Current Liabilities831.6M1.0B1.2B1.2B1.4B947.3M
Total Stockholder Equity4.1B3.7B3.7B4.6B5.5B3.7B
Property Plant And Equipment Net5.3B5.1B4.9B5.0B5.2B5.1B
Net Debt2.0B2.1B1.8B1.0B356.1M338.3M
Retained Earnings2.6B2.2B2.2B3.1B4.0B2.4B
Accounts Payable345.2M380.0M338.4M545.1M564.2M357.7M
Cash72.5M107.3M337.9M382.0M725.5M761.7M
Non Current Assets Total6.9B6.6B6.3B6.3B6.7B6.3B
Non Currrent Assets Other(1K)297.1M1K331.1M305.7M383.4M
Cash And Short Term Investments72.5M107.3M337.9M534.2M730.9M767.5M
Net Receivables249.0M196.3M198.8M705.5M191.0M239.3M
Liabilities And Stockholders Equity7.4B7.0B7.0B7.6B8.2B6.9B
Non Current Liabilities Total2.5B2.3B2.2B1.7B1.3B2.2B
Inventory81.6M71.1M73.1M79.5M72.1M73.8M
Other Current Assets335.5M177.2M210.1M554.3M510.9M536.5M
Other Stockholder Equity2.0B(3.4B)313.2M1.0B1.4B1.4B
Total Liab3.3B3.4B3.4B3.0B2.7B3.2B
Total Current Assets489.6M452.1M717.5M1.2B1.5B1.6B
Accumulated Other Comprehensive Income(827.7M)1.1B1.1B1.1B1.1B1.1B
Intangible Assets11.8M8.3M3.3M2.9M1.5M1.4M
Short Term Investments1.0100.7M135.3M152.2M6.6M8.7M
Current Deferred Revenue(250.4M)90.7M249.0M82.0M198.1M208.0M
Short Term Debt250.4M485.4M559.4M334.4M396.6M345.0M
Other Liab655.7M642.3M545.4M588.8M677.1M623.1M
Net Tangible Assets4.1B3.7B3.7B4.6B5.3B4.1B
Other Assets571.6M566.3M548.1M341.9M44.7M42.5M
Long Term Debt1.4B1.4B1.2B677.3M287.8M273.4M
Short Long Term Debt250.4M30.1M516.6M291.4M353.8M539.8M
Property Plant Equipment5.3B5.1B4.9B5.0B5.7B5.5B
Long Term Debt Total1.8B1.8B1.6B1.1B966.7M1.5B
Cash And Equivalents14.0M72.5M7.3M382.0M439.3M461.2M
Net Invested Capital5.7B5.1B5.4B5.6B6.1B4.5B

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Other Information on Investing in Taj Stock

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