Gillette Total Assets vs Net Receivables Analysis

GILLETTE   9,414  272.85  2.82%   
Gillette India financial indicator trend analysis is much more than just examining Gillette India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gillette India is a good investment. Please check the relationship between Gillette India Total Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India 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 income.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gillette India Total Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gillette India's Total Assets and Net Receivables is 0.45. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gillette India Limited, assuming nothing else is changed. The correlation between historical values of Gillette India's Total Assets and Net Receivables 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 Assets of Gillette India Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Gillette India's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Gillette India 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 Gillette India 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.

Net Receivables

Most indicators from Gillette India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gillette India 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 Gillette India 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 income.
At this time, Gillette India's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 292 M in 2024, whereas Tax Provision is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit11.7B12.9B15.3B9.7B
Total Revenue22.6B24.8B26.3B17.2B

Gillette India fundamental ratios Correlations

0.220.930.940.87-0.610.620.940.650.840.350.570.450.0-0.220.710.93-0.090.250.960.930.38-0.70.63-0.570.7
0.220.260.22-0.16-0.160.740.170.22-0.27-0.50.140.610.11-0.03-0.170.20.590.00.20.510.01-0.12-0.260.22-0.18
0.930.260.770.8-0.580.50.960.630.740.230.540.440.03-0.190.560.88-0.080.240.990.890.36-0.70.58-0.550.63
0.940.220.770.79-0.590.730.780.620.790.420.550.43-0.03-0.290.680.85-0.010.20.810.880.33-0.590.62-0.540.63
0.87-0.160.80.79-0.380.230.870.430.960.520.350.20.04-0.20.790.89-0.330.150.870.650.2-0.60.68-0.580.75
-0.61-0.16-0.58-0.59-0.38-0.43-0.53-0.93-0.310.09-1.00.00.36-0.27-0.47-0.420.16-0.52-0.57-0.7-0.560.71-0.40.38-0.54
0.620.740.50.730.23-0.430.440.450.20.010.390.63-0.01-0.310.220.530.440.20.480.80.31-0.350.19-0.170.19
0.940.170.960.780.87-0.530.440.590.80.240.50.420.03-0.080.710.92-0.210.310.990.860.41-0.770.53-0.470.74
0.650.220.630.620.43-0.930.450.590.35-0.060.890.00.020.260.360.45-0.150.30.630.740.39-0.550.33-0.340.38
0.84-0.270.740.790.96-0.310.20.80.350.690.270.180.06-0.310.740.83-0.290.090.810.570.21-0.50.76-0.680.7
0.35-0.50.230.420.520.090.010.24-0.060.69-0.12-0.040.08-0.670.280.35-0.140.00.270.060.150.030.66-0.580.27
0.570.140.540.550.35-1.00.390.50.890.27-0.12-0.01-0.430.310.490.39-0.170.560.540.670.58-0.730.39-0.360.56
0.450.610.440.430.20.00.630.420.00.18-0.04-0.01-0.01-0.270.210.410.380.050.420.550.13-0.29-0.010.030.2
0.00.110.03-0.030.040.36-0.010.030.020.060.08-0.43-0.01-0.06-0.380.010.06-0.650.03-0.04-0.510.52-0.250.17-0.49
-0.22-0.03-0.19-0.29-0.2-0.27-0.31-0.080.26-0.31-0.670.31-0.27-0.060.14-0.27-0.20.18-0.14-0.110.1-0.25-0.340.320.12
0.71-0.170.560.680.79-0.470.220.710.360.740.280.490.21-0.380.140.72-0.40.510.670.550.52-0.830.51-0.380.95
0.930.20.880.850.89-0.420.530.920.450.830.350.390.410.01-0.270.72-0.190.250.910.820.33-0.670.54-0.430.73
-0.090.59-0.08-0.01-0.330.160.44-0.21-0.15-0.29-0.14-0.170.380.06-0.2-0.4-0.19-0.17-0.150.06-0.150.210.12-0.2-0.39
0.250.00.240.20.15-0.520.20.310.30.090.00.560.05-0.650.180.510.25-0.170.260.310.9-0.730.23-0.120.65
0.960.20.990.810.87-0.570.480.990.630.810.270.540.420.03-0.140.670.91-0.150.260.880.38-0.740.59-0.550.7
0.930.510.890.880.65-0.70.80.860.740.570.060.670.55-0.04-0.110.550.820.060.310.880.42-0.710.42-0.380.57
0.380.010.360.330.2-0.560.310.410.390.210.150.580.13-0.510.10.520.33-0.150.90.380.42-0.740.32-0.250.67
-0.7-0.12-0.7-0.59-0.60.71-0.35-0.77-0.55-0.50.03-0.73-0.290.52-0.25-0.83-0.670.21-0.73-0.74-0.71-0.74-0.470.38-0.91
0.63-0.260.580.620.68-0.40.190.530.330.760.660.39-0.01-0.25-0.340.510.540.120.230.590.420.32-0.47-0.970.57
-0.570.22-0.55-0.54-0.580.38-0.17-0.47-0.34-0.68-0.58-0.360.030.170.32-0.38-0.43-0.2-0.12-0.55-0.38-0.250.38-0.97-0.43
0.7-0.180.630.630.75-0.540.190.740.380.70.270.560.2-0.490.120.950.73-0.390.650.70.570.67-0.910.57-0.43
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Gillette India Account Relationship Matchups

Gillette India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B14.0B16.1B19.2B18.3B12.6B
Other Current Liab413.9M791.7M813.9M1.2B957.6M661.8M
Total Current Liabilities3.8B5.3B6.6B8.2B7.6B4.6B
Total Stockholder Equity9.1B7.9B8.6B9.9B9.7B7.6B
Property Plant And Equipment Net3.2B3.8B4.3B4.2B3.7B2.8B
Net Debt(2.3B)(1.6B)(2.9B)(4.5B)(4.7B)(4.5B)
Retained Earnings4.4B3.2B3.8B5.1B5.8B3.9B
Accounts Payable2.9B4.1B5.6B6.8B6.4B3.3B
Cash2.3B1.6B2.9B4.5B4.7B2.4B
Non Current Assets Total5.9B6.3B6.6B6.7B6.4B4.4B
Non Currrent Assets Other2.5B2.2B2.0B446.9M2.2B1.3B
Cash And Short Term Investments2.3B1.6B2.9B4.7B4.8B5.0B
Net Receivables1.9B2.0B2.7B3.2B2.7B2.2B
Liabilities And Stockholders Equity13.5B14.0B16.1B19.2B18.3B12.6B
Non Current Liabilities Total615.5M792.2M833.4M1.1B1.0B1.1B
Inventory2.8B3.7B3.7B4.1B4.0B2.6B
Other Current Assets681M402.7M314.1M618M380.9M625.1M
Total Liab4.4B6.1B7.5B9.3B8.6B5.0B
Total Current Assets7.6B7.7B9.5B12.5B11.9B8.2B
Accumulated Other Comprehensive Income4.1B4.1B4.1B4.2B9.4B9.9B
Other Liab614.1M791.1M832.7M1.1B1.3B1.3B
Net Tangible Assets9.1B7.9B8.6B9.9B11.4B8.6B
Other Assets2.6B2.4B2.3B905M1.0B1.9B
Property Plant Equipment3.2B3.8B4.3B4.2B4.9B3.5B
Long Term Debt Total1.4M1.1M700K500K575K508.8K
Net Invested Capital9.1B7.9B8.6B9.9B9.7B8.9B
Cash And Equivalents2.3B1.6B2.9B4.6B5.2B5.5B
Net Working Capital3.9B2.4B2.9B4.3B4.3B3.1B

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When running Gillette India's price analysis, check to measure Gillette India's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gillette India is operating at the current time. Most of Gillette India's value examination focuses on studying past and present price action to predict the probability of Gillette India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gillette India's price. Additionally, you may evaluate how the addition of Gillette India to your portfolios can decrease your overall portfolio volatility.