Garware Total Liab vs Total Assets Analysis

GARFIBRES   861.35  50.05  5.49%   
Garware Technical financial indicator trend analysis is much more than just examining Garware Technical Fibres latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Garware Technical Fibres is a good investment. Please check the relationship between Garware Technical Total Liab and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garware Technical Fibres. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Garware Technical Fibres Total Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Garware Technical's Total Liab and Total Assets is 0.74. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Garware Technical Fibres, assuming nothing else is changed. The correlation between historical values of Garware Technical's Total Liab 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 Liab of Garware Technical Fibres 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 Liab i.e., Garware Technical's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of Garware Technical 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 Garware Technical Fibres 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 Garware Technical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Garware Technical Fibres 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garware Technical Fibres. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of 01/07/2025, Selling General Administrative is likely to drop to about 1 B. In addition to that, Tax Provision is likely to drop to about 516.5 M
 2022 2023 2024 2025 (projected)
Interest Expense119.5M172.1M154.9M82.9M
Depreciation And Amortization223.1M258.8M297.6M176.6M

Garware Technical fundamental ratios Correlations

0.42-0.290.680.990.83-0.410.970.22-0.8-0.220.21-0.670.740.78-0.830.710.220.990.770.750.890.850.43-0.25-0.66
0.42-0.850.170.460.450.430.55-0.07-0.270.250.17-0.610.250.23-0.220.10.110.490.380.160.270.520.93-0.59-0.13
-0.29-0.85-0.23-0.28-0.37-0.36-0.370.330.07-0.16-0.290.65-0.28-0.170.010.17-0.16-0.31-0.43-0.13-0.2-0.28-0.910.560.19
0.680.17-0.230.610.87-0.430.6-0.13-0.31-0.650.25-0.340.990.86-0.350.560.450.590.860.510.570.640.21-0.01-0.87
0.990.46-0.280.610.81-0.360.970.24-0.81-0.150.21-0.690.680.76-0.840.720.171.00.740.720.880.870.45-0.3-0.61
0.830.45-0.370.870.81-0.210.81-0.13-0.5-0.410.37-0.580.90.9-0.520.70.30.810.920.470.680.880.49-0.31-0.85
-0.410.43-0.36-0.43-0.36-0.21-0.26-0.530.40.240.310.08-0.45-0.470.44-0.30.1-0.33-0.23-0.81-0.52-0.230.36-0.570.29
0.970.55-0.370.60.970.81-0.260.18-0.77-0.160.28-0.670.670.68-0.80.660.220.990.740.660.760.850.54-0.4-0.64
0.22-0.070.33-0.130.24-0.13-0.530.18-0.280.15-0.780.09-0.090.05-0.330.22-0.310.23-0.320.560.270.15-0.220.40.37
-0.8-0.270.07-0.31-0.81-0.50.4-0.77-0.28-0.25-0.260.63-0.43-0.530.97-0.620.06-0.81-0.54-0.66-0.78-0.69-0.270.150.43
-0.220.25-0.16-0.65-0.15-0.410.24-0.160.15-0.25-0.01-0.31-0.53-0.34-0.13-0.29-0.61-0.13-0.33-0.08-0.06-0.060.26-0.120.51
0.210.17-0.290.250.210.370.310.28-0.78-0.26-0.01-0.450.260.17-0.210.070.170.240.56-0.230.070.220.34-0.42-0.62
-0.67-0.610.65-0.34-0.69-0.580.08-0.670.090.63-0.31-0.45-0.45-0.550.55-0.230.17-0.69-0.65-0.47-0.67-0.65-0.720.340.41
0.740.25-0.280.990.680.9-0.450.67-0.09-0.43-0.530.26-0.450.9-0.450.590.380.670.90.590.650.710.29-0.03-0.87
0.780.23-0.170.860.760.9-0.470.680.05-0.53-0.340.17-0.550.9-0.550.740.210.730.840.590.810.860.28-0.03-0.74
-0.83-0.220.01-0.35-0.84-0.520.44-0.8-0.330.97-0.13-0.210.55-0.45-0.55-0.64-0.02-0.84-0.54-0.68-0.79-0.7-0.240.130.45
0.710.10.170.560.720.7-0.30.660.22-0.62-0.290.07-0.230.590.74-0.640.310.70.570.390.640.790.01-0.19-0.54
0.220.11-0.160.450.170.30.10.22-0.310.06-0.610.170.170.380.21-0.020.310.170.34-0.030.050.140.09-0.3-0.39
0.990.49-0.310.591.00.81-0.330.990.23-0.81-0.130.24-0.690.670.73-0.840.70.170.730.70.840.870.49-0.32-0.61
0.770.38-0.430.860.740.92-0.230.74-0.32-0.54-0.330.56-0.650.90.84-0.540.570.340.730.450.680.770.5-0.33-0.92
0.750.16-0.130.510.720.47-0.810.660.56-0.66-0.08-0.23-0.470.590.59-0.680.39-0.030.70.450.760.540.180.23-0.36
0.890.27-0.20.570.880.68-0.520.760.27-0.78-0.060.07-0.670.650.81-0.790.640.050.840.680.760.750.3-0.06-0.49
0.850.52-0.280.640.870.88-0.230.850.15-0.69-0.060.22-0.650.710.86-0.70.790.140.870.770.540.750.51-0.3-0.62
0.430.93-0.910.210.450.490.360.54-0.22-0.270.260.34-0.720.290.28-0.240.010.090.490.50.180.30.51-0.59-0.25
-0.25-0.590.56-0.01-0.3-0.31-0.57-0.40.40.15-0.12-0.420.34-0.03-0.030.13-0.19-0.3-0.32-0.330.23-0.06-0.3-0.590.18
-0.66-0.130.19-0.87-0.61-0.850.29-0.640.370.430.51-0.620.41-0.87-0.740.45-0.54-0.39-0.61-0.92-0.36-0.49-0.62-0.250.18
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Garware Technical Account Relationship Matchups

Garware Technical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.2B14.2B14.9B17.7B20.4B21.4B
Short Long Term Debt Total1.0B795.7M1.3B1.2B1.4B1.1B
Other Current Liab319.7M1.1B296.5M458.6M412.7M621.6M
Total Current Liabilities4.6B4.0B4.3B4.8B5.6B3.5B
Total Stockholder Equity8.1B9.7B10.2B12.3B14.2B14.9B
Property Plant And Equipment Net2.4B2.4B2.4B2.6B3.0B2.0B
Net Debt964.9M405.2M919.4M(261.4M)(235.3M)(223.5M)
Non Current Assets Total4.9B6.0B8.8B8.4B9.7B10.2B
Non Currrent Assets Other5.2M5.2M154.2M329.9M297.0M311.8M
Liabilities And Stockholders Equity13.2B14.2B14.9B17.7B20.4B21.4B
Non Current Liabilities Total479.6M474.0M459.1M540.5M486.4M525.1M
Other Current Assets3.4B3.7B3.6B941.4M1.1B1.9B
Other Stockholder Equity1.2B770.0M12.6M10.3M9.2M8.8M
Total Liab5.1B4.4B4.8B5.4B6.2B4.2B
Total Current Assets8.3B8.1B6.1B9.3B10.7B5.7B
Accumulated Other Comprehensive Income2.3B2.3B1.2B2.4B2.7B2.9B
Net Receivables2.5B2.6B2.3B2.6B3.0B2.5B
Other Assets216.2M194.3M197.3M154.3M177.5M184.8M
Retained Earnings5.6B7.2B8.8B9.8B11.2B11.8B
Accounts Payable2.5B2.1B1.9B2.3B2.6B1.7B
Cash53.2M390.6M416.2M1.5B1.7B1.8B
Cash And Short Term Investments2.9B2.2B627.2M3.1B3.6B3.7B
Inventory1.9B2.2B2.1B2.6B3.0B1.8B
Short Term Debt1.0B795.7M1.3B1.2B1.4B964.7M
Current Deferred Revenue307.5M268.5M263.2M890.5M801.4M617.5M
Short Term Investments2.9B1.8B211.0M1.6B1.9B1.9B
Intangible Assets47.6M42.0M38.8M38.1M43.8M49.8M
Other Liab446.2M420.4M479.6M474.0M545.1M442.5M
Net Tangible Assets7.4B8.1B9.7B10.1B11.7B7.1B
Deferred Long Term Liab11.2M8.4M7.0M6.9M6.2M5.9M
Short Long Term Debt1.0B795.7M1.3B1.2B1.4B1.0B
Property Plant Equipment2.4B2.4B2.4B2.4B2.8B2.4B
Net Invested Capital9.1B10.5B11.5B13.5B15.6B10.6B

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