Reliance Property Plant And Equipment Net vs Other Current Assets 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 Property Plant And Equipment Net and its Other Current Assets 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.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Capital Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reliance Capital's Property Plant And Equipment Net and Other Current Assets is -0.29. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets 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 Property Plant And Equipment Net and Other Current 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 Property Plant And Equipment Net of Reliance Capital Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Reliance Capital's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Income28.5B32.9B37.8B31.2B
Net Interest Income25.5B32.5B29.2B16.7B

Reliance Capital fundamental ratios Correlations

-0.140.25-0.480.750.21-0.050.780.74-0.50.480.220.66-0.120.730.430.340.30.290.42-0.33-0.08-0.59-0.13-0.31-0.2
-0.14-0.390.11-0.670.280.6-0.62-0.130.46-0.570.790.020.160.270.61-0.110.70.02-0.170.430.820.510.090.970.75
0.25-0.390.310.390.30.090.350.05-0.14-0.04-0.290.6-0.220.43-0.21-0.38-0.320.62-0.18-0.42-0.40.030.28-0.41-0.45
-0.480.110.31-0.380.380.59-0.57-0.380.6-0.69-0.170.00.23-0.11-0.35-0.91-0.240.52-0.90.290.150.580.430.170.05
0.75-0.670.39-0.38-0.13-0.50.860.62-0.580.7-0.430.34-0.120.32-0.250.32-0.350.170.47-0.43-0.61-0.65-0.16-0.77-0.63
0.210.280.30.38-0.130.580.080.420.13-0.150.310.630.080.630.4-0.360.390.62-0.330.30.3-0.030.420.140.16
-0.050.60.090.59-0.50.58-0.46-0.150.52-0.720.480.340.20.370.43-0.60.480.53-0.660.230.680.460.360.580.26
0.78-0.620.35-0.570.860.08-0.460.67-0.650.81-0.240.48-0.170.430.070.52-0.070.070.61-0.45-0.49-0.75-0.23-0.73-0.55
0.74-0.130.05-0.380.620.42-0.150.67-0.330.620.060.50.140.550.260.420.230.180.460.17-0.04-0.610.1-0.35-0.17
-0.50.46-0.140.6-0.580.130.52-0.65-0.33-0.670.09-0.130.75-0.13-0.04-0.320.26-0.06-0.450.70.680.760.160.510.31
0.48-0.57-0.04-0.690.7-0.15-0.720.810.62-0.67-0.31-0.03-0.070.0-0.10.71-0.19-0.30.74-0.29-0.52-0.66-0.4-0.66-0.48
0.220.79-0.29-0.17-0.430.310.48-0.240.060.09-0.310.29-0.050.440.890.060.850.04-0.040.130.720.12-0.080.720.68
0.660.020.60.00.340.630.340.480.5-0.13-0.030.29-0.140.90.48-0.090.370.620.02-0.10.1-0.320.37-0.13-0.09
-0.120.16-0.220.23-0.120.080.2-0.170.140.75-0.07-0.05-0.14-0.08-0.050.120.27-0.23-0.050.650.540.43-0.150.130.0
0.730.270.43-0.110.320.630.370.430.55-0.130.00.440.9-0.080.580.020.490.570.16-0.070.23-0.220.210.110.02
0.430.61-0.21-0.35-0.250.40.430.070.26-0.04-0.10.890.48-0.050.580.250.940.090.140.060.66-0.090.00.510.51
0.34-0.11-0.38-0.910.32-0.36-0.60.520.42-0.320.710.06-0.090.120.020.250.27-0.670.94-0.04-0.02-0.41-0.49-0.16-0.08
0.30.7-0.32-0.24-0.350.390.48-0.070.230.26-0.190.850.370.270.490.940.27-0.040.110.330.850.09-0.030.610.55
0.290.020.620.520.170.620.530.070.18-0.06-0.30.040.62-0.230.570.09-0.67-0.04-0.5-0.08-0.03-0.020.63-0.07-0.15
0.42-0.17-0.18-0.90.47-0.33-0.660.610.46-0.450.74-0.040.02-0.050.160.140.940.11-0.5-0.16-0.21-0.46-0.38-0.23-0.2
-0.330.43-0.420.29-0.430.30.23-0.450.170.7-0.290.13-0.10.65-0.070.06-0.040.33-0.08-0.160.590.270.330.370.45
-0.080.82-0.40.15-0.610.30.68-0.49-0.040.68-0.520.720.10.540.230.66-0.020.85-0.03-0.210.590.480.080.780.57
-0.590.510.030.58-0.65-0.030.46-0.75-0.610.76-0.660.12-0.320.43-0.22-0.09-0.410.09-0.02-0.460.270.480.00.630.31
-0.130.090.280.43-0.160.420.36-0.230.10.16-0.4-0.080.37-0.150.210.0-0.49-0.030.63-0.380.330.080.00.040.03
-0.310.97-0.410.17-0.770.140.58-0.73-0.350.51-0.660.72-0.130.130.110.51-0.160.61-0.07-0.230.370.780.630.040.75
-0.20.75-0.450.05-0.630.160.26-0.55-0.170.31-0.480.68-0.090.00.020.51-0.080.55-0.15-0.20.450.570.310.030.75
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Reliance Capital Account Relationship Matchups

Reliance Capital fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets648.8B636.9B663.4B749.9B862.3B497.8B
Total Stockholder Equity(115.4B)(198.2B)(120.7B)(111.3B)(100.1B)(95.1B)
Property Plant And Equipment Net6.1B5.9B1.5B1.9B2.2B3.3B
Non Currrent Assets Other(55.2B)(55.2B)(52.0B)(713.4B)(642.0B)(609.9B)
Other Assets587.9B569.8B604.4B749.9B862.3B451.4B
Liabilities And Stockholders Equity648.8B636.9B663.4B749.9B862.3B497.8B
Other Stockholder Equity34.2B34.2B34.2B(113.8B)(102.4B)(97.3B)
Total Liab756.8B827.1B775.7B849.2B976.6B1.0T
Accumulated Other Comprehensive Income76B75.3B73.5B70.7B81.3B85.4B
Other Current Liab(17.6B)(10.0B)(18.8B)(23.7B)(21.3B)(20.2B)
Accounts Payable17.6B10.0B18.8B23.7B27.2B28.6B
Other Current Assets(26.3B)(35.1B)(33.6B)(23.2B)(26.7B)(25.4B)
Short Long Term Debt Total309.3B501.6B182.0B176.0B202.4B270.3B
Total Current Liabilities17.6B10.0B18.8B23.8B21.5B17.9B
Net Debt248.8B246.0B168.4B166.7B191.7B231.7B
Cash10.7B13.1B8.0B9.2B10.6B17.1B
Non Current Assets Total55.2B55.2B52.0B717.9B825.6B866.9B
Cash And Short Term Investments5.7B11.9B6.9B9.2B10.6B17.5B
Net Receivables34.6B28.2B25.3B13.7B12.3B11.7B
Non Current Liabilities Total143.1B35.1B3.2B849.2B976.6B1.0T
Inventory200M388.8M303.8M285.7M257.1M376.6M
Total Current Assets4.8B5.7B11.9B6.9B6.3B5.9B
Short Term Debt104.6B125.7B233.3B5.6B6.5B6.1B
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 Liab340.3B407.1B467.8B523.6B602.1B632.2B
Net Tangible Assets(75.1B)(167.5B)(250.5B)(171.2B)(154.1B)(146.4B)
Long Term Debt183.2B268.8B268.3B176.4B202.9B276.9B
Long Term Investments481.6B516.2B563.6B659.0B757.8B410.6B
Property Plant Equipment2.7B3.1B2.9B1.5B1.7B2.9B
Long Term Debt Total183.2B183.6B268.3B176.4B158.8B212.3B
Net Invested Capital153.5B70.1B55.8B64.7B58.2B55.3B

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Other Information on Investing in Reliance Stock

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.