Reliance Net Income vs Change In Working Capital Analysis

RELCAPITAL

12.35 0.00 0.00%

Reliance Capital financial indicator trend analysis is much more than just breaking down Reliance Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Capital is a good investment. Please check the relationship between Reliance Capital Net Income and its Change In Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Capital 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 nation.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Capital Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Reliance Capital's Net Income and Change In Working Capital is -0.33. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Reliance Capital Limited, assuming nothing else is changed. The correlation between historical values of Reliance Capital's Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Reliance Capital Limited are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Reliance Capital's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Reliance Capital financial statement analysis. It represents the amount of money remaining after all of Reliance Capital Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Reliance Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Capital 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 Reliance Capital 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 nation.

The current Selling General Administrative is estimated to decrease to about 1 B. The current Tax Provision is estimated to decrease to about 387.8 M

	2022	2023	2024	2025 (projected)
Interest Income	28.5B	32.9B	37.8B	31.2B
Net Interest Income	25.5B	32.5B	29.2B	16.7B

Interest Income Net Interest Income

Reliance Capital fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Common Stock	Other Current Liab	Accounts Payable	Other Current Assets	Short Long Term Debt Total	Total Current Liabilities	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Total Current Assets	Current Deferred Revenue	Short Term Debt	Retained Earnings	Short Term Investments
Total Assets		-0.14	0.25	-0.48	0.75	0.21	-0.05	0.78	0.74	-0.5	0.48	0.22	0.66	-0.12	0.73	0.43	0.34	0.3	0.29	0.42	-0.33	-0.08	-0.59	-0.13	-0.31	-0.2
Total Stockholder Equity	-0.14		-0.39	0.11	-0.67	0.28	0.6	-0.62	-0.13	0.46	-0.57	0.79	0.02	0.16	0.27	0.61	-0.11	0.7	0.02	-0.17	0.43	0.82	0.51	0.09	0.97	0.75
Property Plant And Equipment Net	0.25	-0.39		0.31	0.39	0.3	0.09	0.35	0.05	-0.14	-0.04	-0.29	0.6	-0.22	0.43	-0.21	-0.38	-0.32	0.62	-0.18	-0.42	-0.4	0.03	0.28	-0.41	-0.45
Non Currrent Assets Other	-0.48	0.11	0.31		-0.38	0.38	0.59	-0.57	-0.38	0.6	-0.69	-0.17	0.0	0.23	-0.11	-0.35	-0.91	-0.24	0.52	-0.9	0.29	0.15	0.58	0.43	0.17	0.05
Other Assets	0.75	-0.67	0.39	-0.38		-0.13	-0.5	0.86	0.62	-0.58	0.7	-0.43	0.34	-0.12	0.32	-0.25	0.32	-0.35	0.17	0.47	-0.43	-0.61	-0.65	-0.16	-0.77	-0.63
Common Stock Shares Outstanding	0.21	0.28	0.3	0.38	-0.13		0.58	0.08	0.42	0.13	-0.15	0.31	0.63	0.08	0.63	0.4	-0.36	0.39	0.62	-0.33	0.3	0.3	-0.03	0.42	0.14	0.16
Other Stockholder Equity	-0.05	0.6	0.09	0.59	-0.5	0.58		-0.46	-0.15	0.52	-0.72	0.48	0.34	0.2	0.37	0.43	-0.6	0.48	0.53	-0.66	0.23	0.68	0.46	0.36	0.58	0.26
Total Liab	0.78	-0.62	0.35	-0.57	0.86	0.08	-0.46		0.67	-0.65	0.81	-0.24	0.48	-0.17	0.43	0.07	0.52	-0.07	0.07	0.61	-0.45	-0.49	-0.75	-0.23	-0.73	-0.55
Common Stock	0.74	-0.13	0.05	-0.38	0.62	0.42	-0.15	0.67		-0.33	0.62	0.06	0.5	0.14	0.55	0.26	0.42	0.23	0.18	0.46	0.17	-0.04	-0.61	0.1	-0.35	-0.17
Other Current Liab	-0.5	0.46	-0.14	0.6	-0.58	0.13	0.52	-0.65	-0.33		-0.67	0.09	-0.13	0.75	-0.13	-0.04	-0.32	0.26	-0.06	-0.45	0.7	0.68	0.76	0.16	0.51	0.31
Accounts Payable	0.48	-0.57	-0.04	-0.69	0.7	-0.15	-0.72	0.81	0.62	-0.67		-0.31	-0.03	-0.07	0.0	-0.1	0.71	-0.19	-0.3	0.74	-0.29	-0.52	-0.66	-0.4	-0.66	-0.48
Other Current Assets	0.22	0.79	-0.29	-0.17	-0.43	0.31	0.48	-0.24	0.06	0.09	-0.31		0.29	-0.05	0.44	0.89	0.06	0.85	0.04	-0.04	0.13	0.72	0.12	-0.08	0.72	0.68
Short Long Term Debt Total	0.66	0.02	0.6	0.0	0.34	0.63	0.34	0.48	0.5	-0.13	-0.03	0.29		-0.14	0.9	0.48	-0.09	0.37	0.62	0.02	-0.1	0.1	-0.32	0.37	-0.13	-0.09
Total Current Liabilities	-0.12	0.16	-0.22	0.23	-0.12	0.08	0.2	-0.17	0.14	0.75	-0.07	-0.05	-0.14		-0.08	-0.05	0.12	0.27	-0.23	-0.05	0.65	0.54	0.43	-0.15	0.13	0.0
Net Debt	0.73	0.27	0.43	-0.11	0.32	0.63	0.37	0.43	0.55	-0.13	0.0	0.44	0.9	-0.08		0.58	0.02	0.49	0.57	0.16	-0.07	0.23	-0.22	0.21	0.11	0.02
Cash	0.43	0.61	-0.21	-0.35	-0.25	0.4	0.43	0.07	0.26	-0.04	-0.1	0.89	0.48	-0.05	0.58		0.25	0.94	0.09	0.14	0.06	0.66	-0.09	0.0	0.51	0.51
Non Current Assets Total	0.34	-0.11	-0.38	-0.91	0.32	-0.36	-0.6	0.52	0.42	-0.32	0.71	0.06	-0.09	0.12	0.02	0.25		0.27	-0.67	0.94	-0.04	-0.02	-0.41	-0.49	-0.16	-0.08
Cash And Short Term Investments	0.3	0.7	-0.32	-0.24	-0.35	0.39	0.48	-0.07	0.23	0.26	-0.19	0.85	0.37	0.27	0.49	0.94	0.27		-0.04	0.11	0.33	0.85	0.09	-0.03	0.61	0.55
Net Receivables	0.29	0.02	0.62	0.52	0.17	0.62	0.53	0.07	0.18	-0.06	-0.3	0.04	0.62	-0.23	0.57	0.09	-0.67	-0.04		-0.5	-0.08	-0.03	-0.02	0.63	-0.07	-0.15
Non Current Liabilities Total	0.42	-0.17	-0.18	-0.9	0.47	-0.33	-0.66	0.61	0.46	-0.45	0.74	-0.04	0.02	-0.05	0.16	0.14	0.94	0.11	-0.5		-0.16	-0.21	-0.46	-0.38	-0.23	-0.2
Inventory	-0.33	0.43	-0.42	0.29	-0.43	0.3	0.23	-0.45	0.17	0.7	-0.29	0.13	-0.1	0.65	-0.07	0.06	-0.04	0.33	-0.08	-0.16		0.59	0.27	0.33	0.37	0.45
Total Current Assets	-0.08	0.82	-0.4	0.15	-0.61	0.3	0.68	-0.49	-0.04	0.68	-0.52	0.72	0.1	0.54	0.23	0.66	-0.02	0.85	-0.03	-0.21	0.59		0.48	0.08	0.78	0.57
Current Deferred Revenue	-0.59	0.51	0.03	0.58	-0.65	-0.03	0.46	-0.75	-0.61	0.76	-0.66	0.12	-0.32	0.43	-0.22	-0.09	-0.41	0.09	-0.02	-0.46	0.27	0.48		0.0	0.63	0.31
Short Term Debt	-0.13	0.09	0.28	0.43	-0.16	0.42	0.36	-0.23	0.1	0.16	-0.4	-0.08	0.37	-0.15	0.21	0.0	-0.49	-0.03	0.63	-0.38	0.33	0.08	0.0		0.04	0.03
Retained Earnings	-0.31	0.97	-0.41	0.17	-0.77	0.14	0.58	-0.73	-0.35	0.51	-0.66	0.72	-0.13	0.13	0.11	0.51	-0.16	0.61	-0.07	-0.23	0.37	0.78	0.63	0.04		0.75
Short Term Investments	-0.2	0.75	-0.45	0.05	-0.63	0.16	0.26	-0.55	-0.17	0.31	-0.48	0.68	-0.09	0.0	0.02	0.51	-0.08	0.55	-0.15	-0.2	0.45	0.57	0.31	0.03	0.75

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Reliance Capital Account Relationship Matchups

Reliance Capital fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	648.8B	636.9B	663.4B	749.9B	862.3B	497.8B
Total Stockholder Equity	(115.4B)	(198.2B)	(120.7B)	(111.3B)	(100.1B)	(95.1B)
Property Plant And Equipment Net	6.1B	5.9B	1.5B	1.9B	2.2B	3.3B
Non Currrent Assets Other	(55.2B)	(55.2B)	(52.0B)	(713.4B)	(642.0B)	(609.9B)
Other Assets	587.9B	569.8B	604.4B	749.9B	862.3B	451.4B
Liabilities And Stockholders Equity	648.8B	636.9B	663.4B	749.9B	862.3B	497.8B
Other Stockholder Equity	34.2B	34.2B	34.2B	(113.8B)	(102.4B)	(97.3B)
Total Liab	756.8B	827.1B	775.7B	849.2B	976.6B	1.0T
Accumulated Other Comprehensive Income	76B	75.3B	73.5B	70.7B	81.3B	85.4B
Other Current Liab	(17.6B)	(10.0B)	(18.8B)	(23.7B)	(21.3B)	(20.2B)
Accounts Payable	17.6B	10.0B	18.8B	23.7B	27.2B	28.6B
Other Current Assets	(26.3B)	(35.1B)	(33.6B)	(23.2B)	(26.7B)	(25.4B)
Short Long Term Debt Total	309.3B	501.6B	182.0B	176.0B	202.4B	270.3B
Total Current Liabilities	17.6B	10.0B	18.8B	23.8B	21.5B	17.9B
Net Debt	248.8B	246.0B	168.4B	166.7B	191.7B	231.7B
Cash	10.7B	13.1B	8.0B	9.2B	10.6B	17.1B
Non Current Assets Total	55.2B	55.2B	52.0B	717.9B	825.6B	866.9B
Cash And Short Term Investments	5.7B	11.9B	6.9B	9.2B	10.6B	17.5B
Net Receivables	34.6B	28.2B	25.3B	13.7B	12.3B	11.7B
Non Current Liabilities Total	143.1B	35.1B	3.2B	849.2B	976.6B	1.0T
Inventory	200M	388.8M	303.8M	285.7M	257.1M	376.6M
Total Current Assets	4.8B	5.7B	11.9B	6.9B	6.3B	5.9B
Short Term Debt	104.6B	125.7B	233.3B	5.6B	6.5B	6.1B
Retained Earnings	(135.7B)	(227.4B)	(308.4B)	(228.1B)	(205.3B)	(195.0B)
Short Term Investments	(1.9B)	(5.0B)	(1.2B)	(1.1B)	(961.8M)	(913.7M)
Other Liab	340.3B	407.1B	467.8B	523.6B	602.1B	632.2B
Net Tangible Assets	(75.1B)	(167.5B)	(250.5B)	(171.2B)	(154.1B)	(146.4B)
Long Term Debt	183.2B	268.8B	268.3B	176.4B	202.9B	276.9B
Long Term Investments	481.6B	516.2B	563.6B	659.0B	757.8B	410.6B
Property Plant Equipment	2.7B	3.1B	2.9B	1.5B	1.7B	2.9B
Long Term Debt Total	183.2B	183.6B	268.3B	176.4B	158.8B	212.3B
Net Invested Capital	153.5B	70.1B	55.8B	64.7B	58.2B	55.3B

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

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Reliance Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Reliance Capital fundamental ratios Correlations

Reliance Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Capital fundamental ratios Accounts

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Other Information on Investing in Reliance Stock

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Retained Earnings	+ 0.97	Total Stockholder Equity
Cash And Short Term Investments	+ 0.94	Cash
Non Current Liabilities Total	+ 0.94	Non Current Assets Total
Net Debt	+ 0.9	Short Long Term Debt Total
Cash	+ 0.89	Other Current Assets
Total Liab	+ 0.86	Other Assets

Non Current Assets Total	- 0.91	Non Currrent Assets Other
Non Current Liabilities Total	- 0.9	Non Currrent Assets Other
Retained Earnings	- 0.77	Other Assets
Current Deferred Revenue	- 0.75	Total Liab
Retained Earnings	- 0.73	Total Liab
Accounts Payable	- 0.72	Other Stockholder Equity