RITES Ebit vs Interest Income Analysis

RITES Stock

295.20 2.30 0.79%

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

Ebit vs Interest Income

Ebit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RITES Limited Ebit account and Interest Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between RITES's Ebit and Interest Income is 0.45. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Income in the same time period over historical financial statements of RITES Limited, assuming nothing else is changed. The correlation between historical values of RITES's Ebit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of RITES Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Ebit i.e., RITES's Ebit and Interest Income go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Ebit

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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

As of the 5th of January 2025, Tax Provision is likely to grow to about 2.1 B, while Selling General Administrative is likely to drop about 104.7 M.

	2022	2023	2024	2025 (projected)
Interest Expense	70.4M	47.1M	54.2M	58.9M
Depreciation And Amortization	666.9M	606.6M	697.6M	463.5M

Interest Expense Depreciation And Amortization

RITES fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Retained Earnings
Total Assets		0.04	0.98	0.98	0.99	0.97	-0.02	-0.86	0.56	0.93	0.67	-0.4	0.96	0.9	0.43	0.94	0.38	0.28	0.48	-0.3	0.98	0.99	-0.49	-0.13	0.96	-0.67
Short Long Term Debt Total	0.04		0.06	0.0	0.04	-0.02	0.42	0.09	-0.41	0.02	-0.27	0.23	0.15	-0.12	-0.3	0.21	0.63	0.08	0.1	-0.14	0.05	0.08	0.2	-0.24	-0.06	0.28
Other Current Liab	0.98	0.06		0.98	0.96	0.93	0.01	-0.83	0.46	0.9	0.61	-0.35	0.97	0.87	0.4	0.96	0.4	0.23	0.46	-0.29	0.98	0.98	-0.46	-0.24	0.96	-0.71
Total Current Liabilities	0.98	0.0	0.98		0.94	0.94	0.05	-0.86	0.6	0.91	0.63	-0.45	0.95	0.85	0.37	0.93	0.37	0.39	0.53	-0.23	1.0	0.98	-0.47	-0.21	0.96	-0.71
Total Stockholder Equity	0.99	0.04	0.96	0.94		0.97	-0.09	-0.83	0.52	0.91	0.69	-0.34	0.94	0.93	0.5	0.92	0.34	0.18	0.41	-0.37	0.94	0.98	-0.48	-0.05	0.95	-0.64
Property Plant And Equipment Net	0.97	-0.02	0.93	0.94	0.97		-0.16	-0.78	0.64	0.85	0.78	-0.33	0.87	0.96	0.59	0.84	0.3	0.21	0.37	-0.26	0.93	0.94	-0.53	0.06	0.93	-0.56
Current Deferred Revenue	-0.02	0.42	0.01	0.05	-0.09	-0.16		-0.26	-0.12	0.2	-0.45	-0.43	0.14	-0.23	-0.77	0.11	0.31	0.48	0.77	0.05	0.07	0.04	0.14	-0.44	-0.02	-0.1
Net Debt	-0.86	0.09	-0.83	-0.86	-0.83	-0.78	-0.26		-0.53	-0.98	-0.46	0.56	-0.89	-0.74	-0.08	-0.82	-0.38	-0.31	-0.69	0.15	-0.86	-0.87	0.53	0.19	-0.86	0.69
Accounts Payable	0.56	-0.41	0.46	0.6	0.52	0.64	-0.12	-0.53		0.51	0.61	-0.59	0.42	0.63	0.36	0.36	0.0	0.48	0.42	-0.03	0.58	0.53	-0.55	0.16	0.56	-0.3
Cash	0.93	0.02	0.9	0.91	0.91	0.85	0.2	-0.98	0.51		0.53	-0.5	0.95	0.8	0.17	0.89	0.47	0.28	0.63	-0.19	0.92	0.93	-0.53	-0.19	0.91	-0.67
Non Current Assets Total	0.67	-0.27	0.61	0.63	0.69	0.78	-0.45	-0.46	0.61	0.53		-0.1	0.48	0.77	0.69	0.43	-0.02	0.03	0.02	0.07	0.61	0.59	-0.27	0.37	0.62	-0.17
Non Currrent Assets Other	-0.4	0.23	-0.35	-0.45	-0.34	-0.33	-0.43	0.56	-0.59	-0.5	-0.1		-0.39	-0.33	0.31	-0.32	-0.07	-0.54	-0.85	0.34	-0.44	-0.42	0.36	0.27	-0.37	0.41
Cash And Short Term Investments	0.96	0.15	0.97	0.95	0.94	0.87	0.14	-0.89	0.42	0.95	0.48	-0.39		0.79	0.24	0.99	0.51	0.26	0.54	-0.32	0.96	0.98	-0.46	-0.3	0.93	-0.73
Net Receivables	0.9	-0.12	0.87	0.85	0.93	0.96	-0.23	-0.74	0.63	0.8	0.77	-0.33	0.79		0.63	0.76	0.27	0.01	0.33	-0.35	0.85	0.88	-0.57	0.16	0.87	-0.51
Common Stock Shares Outstanding	0.43	-0.3	0.4	0.37	0.5	0.59	-0.77	-0.08	0.36	0.17	0.69	0.31	0.24	0.63		0.27	-0.23	-0.25	-0.43	-0.15	0.34	0.38	-0.25	0.47	0.45	-0.18
Short Term Investments	0.94	0.21	0.96	0.93	0.92	0.84	0.11	-0.82	0.36	0.89	0.43	-0.32	0.99	0.76	0.27		0.51	0.24	0.47	-0.37	0.94	0.96	-0.4	-0.34	0.9	-0.73
Non Current Liabilities Total	0.38	0.63	0.4	0.37	0.34	0.3	0.31	-0.38	0.0	0.47	-0.02	-0.07	0.51	0.27	-0.23	0.51		0.0	0.27	-0.09	0.43	0.42	-0.27	-0.25	0.3	-0.01
Inventory	0.28	0.08	0.23	0.39	0.18	0.21	0.48	-0.31	0.48	0.28	0.03	-0.54	0.26	0.01	-0.25	0.24	0.0		0.61	0.14	0.38	0.3	-0.07	-0.3	0.29	-0.27
Other Current Assets	0.48	0.1	0.46	0.53	0.41	0.37	0.77	-0.69	0.42	0.63	0.02	-0.85	0.54	0.33	-0.43	0.47	0.27	0.61		-0.2	0.53	0.51	-0.28	-0.37	0.46	-0.45
Other Stockholder Equity	-0.3	-0.14	-0.29	-0.23	-0.37	-0.26	0.05	0.15	-0.03	-0.19	0.07	0.34	-0.32	-0.35	-0.15	-0.37	-0.09	0.14	-0.2		-0.23	-0.34	0.02	0.02	-0.26	0.26
Total Liab	0.98	0.05	0.98	1.0	0.94	0.93	0.07	-0.86	0.58	0.92	0.61	-0.44	0.96	0.85	0.34	0.94	0.43	0.38	0.53	-0.23		0.98	-0.47	-0.22	0.95	-0.69
Total Current Assets	0.99	0.08	0.98	0.98	0.98	0.94	0.04	-0.87	0.53	0.93	0.59	-0.42	0.98	0.88	0.38	0.96	0.42	0.3	0.51	-0.34	0.98		-0.49	-0.19	0.96	-0.71
Short Term Debt	-0.49	0.2	-0.46	-0.47	-0.48	-0.53	0.14	0.53	-0.55	-0.53	-0.27	0.36	-0.46	-0.57	-0.25	-0.4	-0.27	-0.07	-0.28	0.02	-0.47	-0.49		0.19	-0.47	0.43
Intangible Assets	-0.13	-0.24	-0.24	-0.21	-0.05	0.06	-0.44	0.19	0.16	-0.19	0.37	0.27	-0.3	0.16	0.47	-0.34	-0.25	-0.3	-0.37	0.02	-0.22	-0.19	0.19		-0.16	0.4
Common Stock	0.96	-0.06	0.96	0.96	0.95	0.93	-0.02	-0.86	0.56	0.91	0.62	-0.37	0.93	0.87	0.45	0.9	0.3	0.29	0.46	-0.26	0.95	0.96	-0.47	-0.16		-0.69
Retained Earnings	-0.67	0.28	-0.71	-0.71	-0.64	-0.56	-0.1	0.69	-0.3	-0.67	-0.17	0.41	-0.73	-0.51	-0.18	-0.73	-0.01	-0.27	-0.45	0.26	-0.69	-0.71	0.43	0.4	-0.69

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RITES Account Relationship Matchups

RITES fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	58.3B	58.2B	59.7B	56.6B	65.1B	54.6B
Short Long Term Debt Total	365.5M	275.9M	54.2M	80M	72M	68.4M
Other Current Liab	25.2B	27.5B	26.3B	25.2B	28.9B	25.3B
Total Current Liabilities	30.9B	30.1B	29.5B	27.4B	31.5B	27.7B
Total Stockholder Equity	23.9B	24.9B	26.0B	26.1B	30.0B	23.5B
Property Plant And Equipment Net	6.0B	6.2B	6.5B	7.0B	8.1B	5.0B
Current Deferred Revenue	28.0B	27.8B	25.8B	640.6M	736.7M	699.9M
Net Debt	(7.8B)	(7.8B)	(10.4B)	(6.5B)	(5.9B)	(6.2B)
Accounts Payable	3.0B	1.8B	3.0B	2.2B	2.5B	1.8B
Cash	8.1B	8.1B	10.5B	6.6B	7.6B	7.0B
Non Current Assets Total	10.2B	11.6B	11.4B	11.5B	13.2B	10.9B
Non Currrent Assets Other	2.2B	2.7B	3.5B	27.2B	24.5B	12.9B
Cash And Short Term Investments	34.7B	33.7B	37.9B	31.4B	36.1B	33.4B
Net Receivables	8.1B	9.9B	12.0B	12.2B	14.0B	8.8B
Short Term Investments	26.6B	25.7B	27.4B	24.8B	28.5B	26.3B
Liabilities And Stockholders Equity	58.3B	58.2B	59.7B	56.6B	65.1B	54.6B
Non Current Liabilities Total	2.6B	2.1B	3.0B	2.0B	2.3B	2.8B
Inventory	2.9B	1.2B	309.1M	49.3M	56.7M	53.9M
Other Current Assets	28.2B	29.6B	28.7B	922.7M	1.1B	1.0B
Other Stockholder Equity	16.2B	16.2B	16.2B	(7.4B)	(6.7B)	(6.4B)
Total Liab	33.5B	32.3B	32.5B	29.4B	33.8B	30.4B
Total Current Assets	48.1B	46.6B	48.3B	45.1B	51.9B	43.7B
Accumulated Other Comprehensive Income	16.2B	16.2B	16.2B	16.2B	18.7B	19.6B
Short Term Debt	97.4M	99.4M	(177.8M)	16.2M	14.6M	13.9M
Intangible Assets	40.2M	26.1M	42.7M	56.7M	51.0M	32.0M
Retained Earnings	5.3B	6.2B	7.4B	7.4B	6.7B	7.2B
Other Liab	1.9B	2.8B	2.3B	2.0B	2.3B	2.5B
Net Tangible Assets	24.2B	26.3B	23.9B	24.9B	28.6B	24.3B
Other Assets	1.7B	2.4B	3.1B	2.0B	2.3B	2.6B
Deferred Long Term Liab	21.1M	20.4M	15.1M	11.7M	44.4M	24.8M
Property Plant Equipment	5.9B	6.0B	6.2B	6.5B	7.5B	5.5B
Long Term Debt Total	369.7M	268.1M	176.5M	45.2M	40.7M	38.6M
Cash And Equivalents	5.0B	2.9B	6.5B	18.2B	21.0B	22.0B
Net Invested Capital	24.2B	25.1B	26.0B	26.1B	30.0B	27.6B
Net Working Capital	17.2B	16.5B	18.8B	17.7B	16.0B	14.5B

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

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RITES Ebit vs Interest Income Analysis

Ebit vs Interest Income

Ebit vs Interest Income Correlation Analysis

Correlation Coefficient

Ebit

Interest Income

RITES fundamental ratios Correlations

RITES Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RITES fundamental ratios Accounts

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Other Information on Investing in RITES Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Other Current Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.98	Total Assets

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Total Current Assets	- 0.87	Net Debt
Common Stock	- 0.86	Net Debt
Total Liab	- 0.86	Net Debt
Net Debt	- 0.86	Total Current Liabilities