Ramco Total Current Assets vs Total Assets Analysis

RAMCOCEM

952.15 33.55 3.40%

Ramco Cements financial indicator trend analysis is much more than just breaking down Ramco Cements prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ramco Cements is a good investment. Please check the relationship between Ramco Cements 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 The Ramco Cements. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

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 Ramco Cements Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ramco Cements' Total Current Assets and Total Assets is 0.97. 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 The Ramco Cements, assuming nothing else is changed. The correlation between historical values of Ramco Cements' 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 The Ramco Cements 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., Ramco Cements' Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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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 Ramco Cements 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 Ramco Cements 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 Ramco Cements' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ramco Cements 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 The Ramco Cements. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

The current year's Selling General Administrative is expected to grow to about 6.4 B. The current year's Tax Provision is expected to grow to about 1.4 B

	2022	2023	2024	2025 (projected)
Interest Expense	2.4B	4.2B	4.8B	5.0B
Depreciation And Amortization	5.1B	6.5B	7.5B	7.9B

Interest Expense Depreciation And Amortization

Ramco Cements fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.94	0.92	0.99	0.98	1.0	0.94	0.6	0.96	0.6	1.0	0.24	0.5	0.88	-0.82	0.94	0.96	0.26	-0.34	0.98	0.97	0.52	0.13	0.02	0.84	-0.52
Short Long Term Debt Total	0.94		0.84	0.91	0.86	0.94	1.0	0.37	0.91	0.47	0.94	0.48	0.41	0.76	-0.73	0.99	0.93	0.35	-0.41	0.98	0.91	0.48	-0.08	0.16	0.84	-0.31
Other Current Liab	0.92	0.84		0.91	0.89	0.92	0.84	0.49	0.93	0.49	0.92	0.06	0.4	0.79	-0.82	0.87	0.84	0.03	-0.27	0.91	0.87	0.35	-0.01	-0.26	0.86	-0.51
Total Current Liabilities	0.99	0.91	0.91		0.96	0.98	0.91	0.6	0.97	0.51	0.98	0.16	0.41	0.9	-0.85	0.9	0.97	0.2	-0.27	0.97	0.99	0.55	0.07	0.0	0.88	-0.56
Total Stockholder Equity	0.98	0.86	0.89	0.96		0.98	0.85	0.74	0.92	0.68	0.98	0.11	0.56	0.9	-0.81	0.84	0.91	0.23	-0.32	0.92	0.95	0.52	0.31	-0.01	0.76	-0.61
Property Plant And Equipment Net	1.0	0.94	0.92	0.98	0.98		0.94	0.6	0.96	0.62	1.0	0.24	0.53	0.86	-0.81	0.94	0.94	0.25	-0.36	0.98	0.96	0.49	0.15	-0.01	0.84	-0.51
Net Debt	0.94	1.0	0.84	0.91	0.85	0.94		0.36	0.91	0.46	0.94	0.48	0.4	0.76	-0.72	0.99	0.93	0.35	-0.41	0.98	0.9	0.48	-0.09	0.16	0.85	-0.3
Retained Earnings	0.6	0.37	0.49	0.6	0.74	0.6	0.36		0.49	0.68	0.6	-0.09	0.53	0.63	-0.38	0.33	0.52	0.15	-0.23	0.46	0.58	0.51	0.7	0.04	0.26	-0.53
Accounts Payable	0.96	0.91	0.93	0.97	0.92	0.96	0.91	0.49		0.48	0.96	0.13	0.39	0.88	-0.86	0.91	0.91	0.19	-0.26	0.96	0.95	0.38	-0.06	-0.1	0.95	-0.54
Cash	0.6	0.47	0.49	0.51	0.68	0.62	0.46	0.68	0.48		0.61	0.03	0.81	0.46	-0.3	0.47	0.49	0.18	-0.23	0.5	0.5	0.29	0.63	-0.08	0.24	-0.52
Non Current Assets Total	1.0	0.94	0.92	0.98	0.98	1.0	0.94	0.6	0.96	0.61		0.25	0.51	0.87	-0.82	0.94	0.95	0.26	-0.35	0.98	0.96	0.51	0.14	0.01	0.84	-0.51
Non Currrent Assets Other	0.24	0.48	0.06	0.16	0.11	0.24	0.48	-0.09	0.13	0.03	0.25		-0.02	0.03	0.07	0.47	0.29	0.55	-0.41	0.34	0.19	0.36	-0.2	0.58	0.13	0.48
Cash And Short Term Investments	0.5	0.41	0.4	0.41	0.56	0.53	0.4	0.53	0.39	0.81	0.51	-0.02		0.41	-0.2	0.41	0.42	0.17	-0.38	0.42	0.4	0.2	0.63	-0.13	0.13	-0.39
Net Receivables	0.88	0.76	0.79	0.9	0.9	0.86	0.76	0.63	0.88	0.46	0.87	0.03	0.41		-0.82	0.74	0.87	0.23	-0.26	0.83	0.93	0.55	0.13	0.06	0.77	-0.74
Common Stock Shares Outstanding	-0.82	-0.73	-0.82	-0.85	-0.81	-0.81	-0.72	-0.38	-0.86	-0.3	-0.82	0.07	-0.2	-0.82		-0.73	-0.79	-0.06	0.13	-0.8	-0.85	-0.33	0.03	0.17	-0.82	0.61
Non Current Liabilities Total	0.94	0.99	0.87	0.9	0.84	0.94	0.99	0.33	0.91	0.47	0.94	0.47	0.41	0.74	-0.73		0.9	0.33	-0.39	0.98	0.89	0.45	-0.12	0.07	0.85	-0.29
Inventory	0.96	0.93	0.84	0.97	0.91	0.94	0.93	0.52	0.91	0.49	0.95	0.29	0.42	0.87	-0.79	0.9		0.27	-0.24	0.95	0.98	0.66	0.03	0.17	0.83	-0.53
Other Current Assets	0.26	0.35	0.03	0.2	0.23	0.25	0.35	0.15	0.19	0.18	0.26	0.55	0.17	0.23	-0.06	0.33	0.27		-0.19	0.28	0.26	0.33	0.1	0.46	0.13	0.18
Other Stockholder Equity	-0.34	-0.41	-0.27	-0.27	-0.32	-0.36	-0.41	-0.23	-0.26	-0.23	-0.35	-0.41	-0.38	-0.26	0.13	-0.39	-0.24	-0.19		-0.34	-0.24	0.04	-0.2	-0.16	-0.13	-0.07
Total Liab	0.98	0.98	0.91	0.97	0.92	0.98	0.98	0.46	0.96	0.5	0.98	0.34	0.42	0.83	-0.8	0.98	0.95	0.28	-0.34		0.96	0.51	-0.04	0.04	0.89	-0.42
Total Current Assets	0.97	0.91	0.87	0.99	0.95	0.96	0.9	0.58	0.95	0.5	0.96	0.19	0.4	0.93	-0.85	0.89	0.98	0.26	-0.24	0.96		0.63	0.05	0.08	0.86	-0.6
Common Stock	0.52	0.48	0.35	0.55	0.52	0.49	0.48	0.51	0.38	0.29	0.51	0.36	0.2	0.55	-0.33	0.45	0.66	0.33	0.04	0.51	0.63		0.15	0.39	0.29	-0.33
Current Deferred Revenue	0.13	-0.08	-0.01	0.07	0.31	0.15	-0.09	0.7	-0.06	0.63	0.14	-0.2	0.63	0.13	0.03	-0.12	0.03	0.1	-0.2	-0.04	0.05	0.15		-0.03	-0.35	-0.26
Short Term Debt	0.02	0.16	-0.26	0.0	-0.01	-0.01	0.16	0.04	-0.1	-0.08	0.01	0.58	-0.13	0.06	0.17	0.07	0.17	0.46	-0.16	0.04	0.08	0.39	-0.03		-0.1	0.13
Intangible Assets	0.84	0.84	0.86	0.88	0.76	0.84	0.85	0.26	0.95	0.24	0.84	0.13	0.13	0.77	-0.82	0.85	0.83	0.13	-0.13	0.89	0.86	0.29	-0.35	-0.1		-0.42
Other Liab	-0.52	-0.31	-0.51	-0.56	-0.61	-0.51	-0.3	-0.53	-0.54	-0.52	-0.51	0.48	-0.39	-0.74	0.61	-0.29	-0.53	0.18	-0.07	-0.42	-0.6	-0.33	-0.26	0.13	-0.42

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Ramco Cements Account Relationship Matchups

Ramco Cements fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	114.5B	131.6B	145.9B	162.7B	187.1B	196.5B
Short Long Term Debt Total	31.1B	39.5B	45.1B	49.4B	56.8B	59.6B
Other Current Liab	9.2B	10.1B	13.1B	18.4B	21.1B	22.2B
Total Current Liabilities	24.2B	27.8B	30.9B	39.7B	45.7B	48.0B
Total Stockholder Equity	57.3B	66.2B	68.6B	72.4B	83.2B	87.4B
Property Plant And Equipment Net	91.0B	105.7B	119.0B	128.6B	147.9B	155.3B
Net Debt	30.0B	38.0B	43.7B	48.4B	55.7B	58.5B
Retained Earnings	2.5B	2.4B	2.1B	2.2B	2.5B	1.3B
Accounts Payable	3.6B	4.9B	6.4B	9.9B	11.4B	12.0B
Cash	1.1B	1.5B	1.4B	957.9M	1.1B	735.3M
Non Current Assets Total	100.0B	114.5B	127.1B	140.2B	161.3B	169.3B
Non Currrent Assets Other	5.0B	4.8B	3.8B	4.0B	4.6B	2.9B
Cash And Short Term Investments	1.4B	1.8B	3.9B	1.2B	1.4B	973.9M
Net Receivables	3.8B	5.9B	7.2B	8.6B	9.9B	10.4B
Common Stock Shares Outstanding	228.5M	228.2M	228.6M	228.2M	205.4M	188.1M
Liabilities And Stockholders Equity	114.5B	131.6B	145.9B	162.7B	187.1B	196.5B
Non Current Liabilities Total	33.0B	37.5B	46.4B	50.5B	58.0B	60.9B
Inventory	6.0B	8.3B	8.8B	9.8B	11.3B	11.9B
Other Current Assets	3.7B	3.7B	4.0B	3.1B	3.5B	3.1B
Other Stockholder Equity	222.4M	505.9M	(64.7B)	505.9M	455.3M	432.5M
Total Liab	57.2B	65.3B	77.3B	90.3B	103.9B	109.1B
Total Current Assets	14.6B	17.1B	18.9B	22.5B	25.9B	27.2B
Accumulated Other Comprehensive Income	54.4B	63.1B	65.8B	69.4B	79.8B	83.8B
Current Deferred Revenue	11.1B	12.2B	11.9B	1.5B	1.7B	1.6B
Short Term Debt	10.1B	10.8B	8.7B	9.9B	8.9B	8.1B
Intangible Assets	869.8M	1.1B	1.5B	4.4B	5.1B	5.3B
Other Liab	8.9B	9.5B	11.3B	8.7B	7.9B	7.5B
Net Tangible Assets	44.6B	49.2B	56.4B	65.1B	74.9B	45.4B
Other Assets	5.0B	4.8B	935.7M	1.0	0.9	0.86
Long Term Debt	21.6B	28.6B	36.2B	39.3B	45.2B	47.4B
Short Long Term Debt	9.4B	10.7B	8.7B	9.9B	8.9B	8.5B
Property Plant Equipment	76.6B	91.0B	105.7B	119.0B	136.9B	77.7B
Short Term Investments	291.1M	300.7M	2.5B	279.5M	321.4M	310.9M
Long Term Debt Total	18.4B	21.7B	28.8B	36.4B	41.9B	44.0B
Non Current Liabilities Other	130.7M	128.3M	114.5M	(200K)	(180K)	(171K)
Net Invested Capital	88.3B	105.5B	113.5B	121.5B	139.8B	98.2B
Net Working Capital	(9.6B)	(10.8B)	(12.0B)	(17.2B)	(15.5B)	(16.3B)

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Other Information on Investing in Ramco Stock

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

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Ramco Total Current Assets vs Total Assets Analysis

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Assets

Ramco Cements fundamental ratios Correlations

Ramco Cements Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ramco Cements fundamental ratios Accounts

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Other Information on Investing in Ramco Stock

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Liabilities	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.86	Accounts Payable
Total Current Assets	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Total Current Liabilities
Intangible Assets	- 0.82	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.82	Net Receivables
Common Stock Shares Outstanding	- 0.82	Non Current Assets Total