Ravi Inventory vs Cash And Short Term Investments Analysis

RKDL Stock

27.54 0.54 2.00%

Ravi Kumar financial indicator trend analysis is much more than just breaking down Ravi Kumar Distilleries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ravi Kumar Distilleries is a good investment. Please check the relationship between Ravi Kumar Inventory and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ravi Kumar Distilleries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ravi Kumar Distilleries Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ravi Kumar's Inventory and Cash And Short Term Investments is -0.19. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ravi Kumar Distilleries, assuming nothing else is changed. The correlation between historical values of Ravi Kumar's Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Ravi Kumar Distilleries are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Ravi Kumar's Inventory and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ravi Kumar Distilleries balance sheet. This account contains Ravi Kumar investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ravi Kumar Distilleries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Ravi Kumar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ravi Kumar Distilleries 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 Ravi Kumar Distilleries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 11.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	22.8M	50.9M	26.3M	25.0M
Total Revenue	103.7M	293.9M	245.8M	370.8M

Gross Profit Total Revenue

Ravi Kumar 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	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	Accounts Payable	Current Deferred Revenue	Short Term Debt	Short Term Investments	Other Liab
Total Assets		0.42	-0.04	0.72	0.77	-0.84	0.46	-0.17	0.27	0.51	0.49	0.11	0.46	0.88	-0.62	0.79	0.19	0.33	0.53	0.82	0.87	0.06	0.13	-0.21	-0.01	0.14
Short Long Term Debt Total	0.42		-0.03	0.17	0.42	-0.26	0.65	0.2	0.82	-0.02	0.38	0.43	0.48	0.29	0.02	0.13	-0.32	0.46	0.18	0.57	0.28	-0.15	-0.14	0.43	0.1	-0.15
Other Current Liab	-0.04	-0.03		-0.23	0.12	-0.03	0.31	0.13	-0.19	0.25	0.32	-0.27	0.04	0.09	-0.3	0.03	-0.61	0.29	-0.36	-0.28	0.11	-0.28	-0.76	0.31	-0.17	-0.37
Total Current Liabilities	0.72	0.17	-0.23		0.21	-0.87	0.53	-0.72	-0.18	0.22	0.37	0.21	0.17	0.87	-0.45	0.44	0.57	0.22	0.91	0.72	0.87	0.56	0.51	-0.42	0.31	0.69
Total Stockholder Equity	0.77	0.42	0.12	0.21		-0.58	0.18	0.47	0.4	0.72	0.39	-0.1	0.52	0.52	-0.7	0.79	-0.24	0.4	-0.1	0.45	0.5	-0.43	-0.15	0.04	-0.28	-0.45
Property Plant And Equipment Net	-0.84	-0.26	-0.03	-0.87	-0.58		-0.55	0.39	0.11	-0.59	-0.53	-0.08	-0.25	-0.94	0.78	-0.67	-0.22	-0.52	-0.6	-0.61	-0.92	-0.15	-0.27	0.36	-0.15	-0.29
Net Debt	0.46	0.65	0.31	0.53	0.18	-0.55		-0.38	0.14	0.04	0.47	0.31	0.33	0.57	-0.29	0.19	-0.13	0.52	0.48	0.5	0.58	0.21	0.01	0.18	0.33	0.23
Retained Earnings	-0.17	0.2	0.13	-0.72	0.47	0.39	-0.38		0.47	0.21	-0.13	-0.22	0.28	-0.47	-0.02	0.09	-0.58	-0.01	-0.84	-0.28	-0.5	-0.68	-0.41	0.49	-0.44	-0.87
Cash	0.27	0.82	-0.19	-0.18	0.4	0.11	0.14	0.47		-0.12	0.16	0.32	0.38	-0.02	0.27	0.07	-0.33	0.2	-0.09	0.43	-0.03	-0.36	-0.29	0.4	-0.14	-0.38
Non Current Assets Total	0.51	-0.02	0.25	0.22	0.72	-0.59	0.04	0.21	-0.12		0.45	-0.13	0.09	0.53	-0.72	0.59	-0.2	0.45	-0.1	-0.04	0.51	-0.43	-0.09	-0.3	-0.07	-0.21
Non Currrent Assets Other	0.49	0.38	0.32	0.37	0.39	-0.53	0.47	-0.13	0.16	0.45		0.17	0.2	0.53	-0.33	0.53	-0.38	0.53	0.27	0.28	0.53	-0.27	-0.15	-0.29	0.13	0.04
Cash And Short Term Investments	0.11	0.43	-0.27	0.21	-0.1	-0.08	0.31	-0.22	0.32	-0.13	0.17		0.34	0.07	0.29	-0.19	0.08	0.14	0.35	0.23	0.06	0.07	0.11	-0.05	0.89	0.25
Net Receivables	0.46	0.48	0.04	0.17	0.52	-0.25	0.33	0.28	0.38	0.09	0.2	0.34		0.21	-0.25	0.38	-0.09	-0.17	0.07	0.52	0.19	0.06	0.02	0.34	0.2	-0.2
Common Stock Shares Outstanding	0.88	0.29	0.09	0.87	0.52	-0.94	0.57	-0.47	-0.02	0.53	0.53	0.07	0.21		-0.62	0.57	0.28	0.43	0.7	0.68	1.0	0.25	0.14	-0.29	0.08	0.4
Non Current Liabilities Total	-0.62	0.02	-0.3	-0.45	-0.7	0.78	-0.29	-0.02	0.27	-0.72	-0.33	0.29	-0.25	-0.62		-0.76	0.09	-0.46	-0.04	-0.26	-0.61	0.18	-0.05	0.25	0.16	0.21
Inventory	0.79	0.13	0.03	0.44	0.79	-0.67	0.19	0.09	0.07	0.59	0.53	-0.19	0.38	0.57	-0.76		-0.06	0.29	0.16	0.52	0.56	-0.22	0.18	-0.4	-0.2	-0.15
Other Current Assets	0.19	-0.32	-0.61	0.57	-0.24	-0.22	-0.13	-0.58	-0.33	-0.2	-0.38	0.08	-0.09	0.28	0.09	-0.06		-0.48	0.67	0.37	0.28	0.8	0.67	-0.25	0.21	0.78
Other Stockholder Equity	0.33	0.46	0.29	0.22	0.4	-0.52	0.52	-0.01	0.2	0.45	0.53	0.14	-0.17	0.43	-0.46	0.29	-0.48		0.03	0.11	0.42	-0.5	-0.25	-0.15	0.08	-0.23
Total Liab	0.53	0.18	-0.36	0.91	-0.1	-0.6	0.48	-0.84	-0.09	-0.1	0.27	0.35	0.07	0.7	-0.04	0.16	0.67	0.03		0.69	0.7	0.71	0.52	-0.36	0.41	0.87
Total Current Assets	0.82	0.57	-0.28	0.72	0.45	-0.61	0.5	-0.28	0.43	-0.04	0.28	0.23	0.52	0.68	-0.26	0.52	0.37	0.11	0.69		0.68	0.36	0.26	-0.02	0.05	0.31
Common Stock	0.87	0.28	0.11	0.87	0.5	-0.92	0.58	-0.5	-0.03	0.51	0.53	0.06	0.19	1.0	-0.61	0.56	0.28	0.42	0.7	0.68		0.26	0.11	-0.29	0.08	0.41
Accounts Payable	0.06	-0.15	-0.28	0.56	-0.43	-0.15	0.21	-0.68	-0.36	-0.43	-0.27	0.07	0.06	0.25	0.18	-0.22	0.8	-0.5	0.71	0.36	0.26		0.52	0.05	0.25	0.83
Current Deferred Revenue	0.13	-0.14	-0.76	0.51	-0.15	-0.27	0.01	-0.41	-0.29	-0.09	-0.15	0.11	0.02	0.14	-0.05	0.18	0.67	-0.25	0.52	0.26	0.11	0.52		-0.44	0.28	0.59
Short Term Debt	-0.21	0.43	0.31	-0.42	0.04	0.36	0.18	0.49	0.4	-0.3	-0.29	-0.05	0.34	-0.29	0.25	-0.4	-0.25	-0.15	-0.36	-0.02	-0.29	0.05	-0.44		-0.22	-0.35
Short Term Investments	-0.01	0.1	-0.17	0.31	-0.28	-0.15	0.33	-0.44	-0.14	-0.07	0.13	0.89	0.2	0.08	0.16	-0.2	0.21	0.08	0.41	0.05	0.08	0.25	0.28	-0.22		0.44
Other Liab	0.14	-0.15	-0.37	0.69	-0.45	-0.29	0.23	-0.87	-0.38	-0.21	0.04	0.25	-0.2	0.4	0.21	-0.15	0.78	-0.23	0.87	0.31	0.41	0.83	0.59	-0.35	0.44

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Ravi Kumar Account Relationship Matchups

Ravi Kumar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.4B	1.3B	1.3B	1.3B	1.5B
Short Long Term Debt Total	317.6M	317.4M	322.9M	390.2M	396.9M	308.1M
Other Current Liab	16.5M	77.2M	(69.4M)	51.0M	184.2M	193.4M
Total Current Liabilities	652.4M	645.9M	694.3M	703.6M	704.5M	593.7M
Total Stockholder Equity	661.9M	588.9M	458.1M	436.3M	417.4M	514.5M
Property Plant And Equipment Net	48.1M	43.2M	40.0M	37.2M	35.8M	58.4M
Net Debt	314.7M	316.7M	320.5M	389.4M	395.6M	372.0M
Retained Earnings	(199.1M)	(272.1M)	(402.9M)	(424.7M)	(443.6M)	(421.4M)
Cash	2.8M	723K	2.4M	803K	1.2M	1.2M
Non Current Assets Total	445.0M	440.5M	437.8M	434.3M	434.3M	371.9M
Non Currrent Assets Other	313.4M	313.5M	314.2M	313.5M	314.9M	262.4M
Cash And Short Term Investments	27.6M	25.5M	27.2M	461.2M	26.0M	24.7M
Net Receivables	740.6M	219.1M	174.8M	652.5M	267.5M	399.9M
Liabilities And Stockholders Equity	1.5B	1.4B	1.3B	1.3B	1.3B	1.5B
Non Current Liabilities Total	141.8M	126.7M	143.5M	161.8M	170.4M	128.6M
Inventory	222.5M	221.0M	207.9M	167.4M	136.3M	213.4M
Other Current Assets	760.9M	455.4M	448.1M	440.5M	428.1M	297.4M
Other Stockholder Equity	(38.1M)	(40.9M)	621M	621.0M	621.0M	433.5M
Total Liab	794.1M	772.6M	837.7M	865.4M	874.9M	770.6M
Total Current Assets	1.0B	921.0M	858.0M	867.4M	857.9M	966.7M
Accumulated Other Comprehensive Income	(81.7M)	(87.4M)	(1K)	177.4M	204.0M	214.2M
Accounts Payable	115.2M	86.2M	75.8M	96.2M	121.3M	87.1M
Current Deferred Revenue	203.1M	107.5M	279.1M	164.1M	2.1M	2.0M
Short Term Debt	317.6M	207.8M	41.7M	226.1M	396.9M	235.3M
Other Liab	141.8M	126.7M	143.5M	161.8M	186.1M	95.5M
Net Tangible Assets	659.1M	661.3M	588.4M	457.7M	411.9M	527.5M
Other Assets	313.7M	314.2M	314.8M	314.1M	361.2M	275.1M
Short Long Term Debt	317.6M	317.4M	322.9M	390.2M	396.9M	355.1M
Property Plant Equipment	48.1M	43.2M	40.0M	37.2M	42.8M	43.1M
Non Current Liabilities Other	134.3M	2K	1K	154.0M	177.1M	185.9M
Cash And Equivalents	2.8M	731K	2.4M	803K	722.7K	1.4M
Net Invested Capital	979.5M	906.3M	781.0M	826.5M	814.2M	715.4M
Net Working Capital	358.7M	275.1M	163.8M	163.9M	153.5M	198.2M

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Ravi Inventory vs Cash And Short Term Investments Analysis

Inventory vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Inventory

Cash And Short Term Investments

Ravi Kumar fundamental ratios Correlations

Ravi Kumar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ravi Kumar fundamental ratios Accounts

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Additional Tools for Ravi Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 0.91	Total Current Liabilities
Short Term Investments	+ 0.89	Cash And Short Term Investments
Common Stock Shares Outstanding	+ 0.88	Total Assets
Common Stock	+ 0.87	Total Assets
Common Stock Shares Outstanding	+ 0.87	Total Current Liabilities

Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net
Common Stock	- 0.92	Property Plant And Equipment Net
Other Liab	- 0.87	Retained Earnings
Property Plant And Equipment Net	- 0.87	Total Current Liabilities
Total Liab	- 0.84	Retained Earnings
Property Plant And Equipment Net	- 0.84	Total Assets