Ravi Non Current Liabilities Total vs Total Cash From Operating Activities 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 Non Current Liabilities Total and its Total Cash From Operating Activities 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.

Non Current Liabilities Total vs Total Cash From Operating Activities

Non Current Liabilities Total vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ravi Kumar Distilleries Non Current Liabilities Total account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ravi Kumar's Non Current Liabilities Total and Total Cash From Operating Activities is -0.36. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Cash From Operating Activities 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 Non Current Liabilities Total and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Ravi Kumar Distilleries are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Non Current Liabilities Total i.e., Ravi Kumar's Non Current Liabilities Total and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Cash From Operating Activities

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 Profit22.8M50.9M27.0M25.7M
Total Revenue103.7M293.9M245.8M370.8M

Ravi Kumar fundamental ratios Correlations

0.42-0.040.720.77-0.840.46-0.170.270.510.490.110.460.88-0.620.790.190.330.530.820.870.060.13-0.21-0.010.14
0.42-0.030.170.42-0.260.650.20.82-0.020.380.430.480.290.020.13-0.320.460.180.570.28-0.15-0.140.430.1-0.15
-0.04-0.03-0.230.12-0.030.310.13-0.190.250.32-0.270.040.09-0.30.03-0.610.29-0.36-0.280.11-0.28-0.760.31-0.17-0.37
0.720.17-0.230.21-0.870.53-0.72-0.180.220.370.210.170.87-0.450.440.570.220.910.720.870.560.51-0.420.310.69
0.770.420.120.21-0.580.180.470.40.720.39-0.10.520.52-0.70.79-0.240.4-0.10.450.5-0.43-0.150.04-0.28-0.45
-0.84-0.26-0.03-0.87-0.58-0.550.390.11-0.59-0.53-0.08-0.25-0.940.78-0.67-0.22-0.52-0.6-0.61-0.92-0.15-0.270.36-0.15-0.29
0.460.650.310.530.18-0.55-0.380.140.040.470.310.330.57-0.290.19-0.130.520.480.50.580.210.010.180.330.23
-0.170.20.13-0.720.470.39-0.380.470.21-0.13-0.220.28-0.47-0.020.09-0.58-0.01-0.84-0.28-0.5-0.68-0.410.49-0.44-0.87
0.270.82-0.19-0.180.40.110.140.47-0.120.160.320.38-0.020.270.07-0.330.2-0.090.43-0.03-0.36-0.290.4-0.14-0.38
0.51-0.020.250.220.72-0.590.040.21-0.120.45-0.130.090.53-0.720.59-0.20.45-0.1-0.040.51-0.43-0.09-0.3-0.07-0.21
0.490.380.320.370.39-0.530.47-0.130.160.450.170.20.53-0.330.53-0.380.530.270.280.53-0.27-0.15-0.290.130.04
0.110.43-0.270.21-0.1-0.080.31-0.220.32-0.130.170.340.070.29-0.190.080.140.350.230.060.070.11-0.050.890.25
0.460.480.040.170.52-0.250.330.280.380.090.20.340.21-0.250.38-0.09-0.170.070.520.190.060.020.340.2-0.2
0.880.290.090.870.52-0.940.57-0.47-0.020.530.530.070.21-0.620.570.280.430.70.681.00.250.14-0.290.080.4
-0.620.02-0.3-0.45-0.70.78-0.29-0.020.27-0.72-0.330.29-0.25-0.62-0.760.09-0.46-0.04-0.26-0.610.18-0.050.250.160.21
0.790.130.030.440.79-0.670.190.090.070.590.53-0.190.380.57-0.76-0.060.290.160.520.56-0.220.18-0.4-0.2-0.15
0.19-0.32-0.610.57-0.24-0.22-0.13-0.58-0.33-0.2-0.380.08-0.090.280.09-0.06-0.480.670.370.280.80.67-0.250.210.78
0.330.460.290.220.4-0.520.52-0.010.20.450.530.14-0.170.43-0.460.29-0.480.030.110.42-0.5-0.25-0.150.08-0.23
0.530.18-0.360.91-0.1-0.60.48-0.84-0.09-0.10.270.350.070.7-0.040.160.670.030.690.70.710.52-0.360.410.87
0.820.57-0.280.720.45-0.610.5-0.280.43-0.040.280.230.520.68-0.260.520.370.110.690.680.360.26-0.020.050.31
0.870.280.110.870.5-0.920.58-0.5-0.030.510.530.060.191.0-0.610.560.280.420.70.680.260.11-0.290.080.41
0.06-0.15-0.280.56-0.43-0.150.21-0.68-0.36-0.43-0.270.070.060.250.18-0.220.8-0.50.710.360.260.520.050.250.83
0.13-0.14-0.760.51-0.15-0.270.01-0.41-0.29-0.09-0.150.110.020.14-0.050.180.67-0.250.520.260.110.52-0.440.280.59
-0.210.430.31-0.420.040.360.180.490.4-0.3-0.29-0.050.34-0.290.25-0.4-0.25-0.15-0.36-0.02-0.290.05-0.44-0.22-0.35
-0.010.1-0.170.31-0.28-0.150.33-0.44-0.14-0.070.130.890.20.080.16-0.20.210.080.410.050.080.250.28-0.220.44
0.14-0.15-0.370.69-0.45-0.290.23-0.87-0.38-0.210.040.25-0.20.40.21-0.150.78-0.230.870.310.410.830.59-0.350.44
Click cells to compare fundamentals

Ravi Kumar Account Relationship Matchups

Ravi Kumar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.3B1.3B1.3B1.5B
Short Long Term Debt Total317.6M317.4M322.9M390.2M396.9M308.1M
Other Current Liab16.5M77.2M(69.4M)51.0M184.2M193.4M
Total Current Liabilities652.4M645.9M694.3M703.6M704.5M593.7M
Total Stockholder Equity661.9M588.9M458.1M436.3M417.4M514.5M
Property Plant And Equipment Net48.1M43.2M40.0M37.2M35.8M58.4M
Net Debt314.7M316.7M320.5M389.4M395.6M372.0M
Retained Earnings(199.1M)(272.1M)(402.9M)(424.7M)(443.6M)(421.4M)
Cash2.8M723K2.4M803K1.2M1.2M
Non Current Assets Total445.0M440.5M437.8M434.3M434.3M371.9M
Non Currrent Assets Other313.4M313.5M314.2M313.5M314.9M262.4M
Cash And Short Term Investments27.6M25.5M27.2M461.2M26.0M24.7M
Net Receivables740.6M219.1M174.8M652.5M267.5M399.9M
Liabilities And Stockholders Equity1.5B1.4B1.3B1.3B1.3B1.5B
Non Current Liabilities Total141.8M126.7M143.5M161.8M170.4M128.6M
Inventory222.5M221.0M207.9M167.4M136.3M213.4M
Other Current Assets760.9M455.4M448.1M440.5M428.1M297.4M
Other Stockholder Equity(38.1M)(40.9M)621M621.0M621.0M433.5M
Total Liab794.1M772.6M837.7M865.4M874.9M770.6M
Total Current Assets1.0B921.0M858.0M867.4M857.9M966.7M
Accumulated Other Comprehensive Income(81.7M)(87.4M)(1K)177.4M204.0M214.2M
Accounts Payable115.2M86.2M75.8M96.2M121.3M87.1M
Current Deferred Revenue203.1M107.5M279.1M164.1M2.1M2.0M
Short Term Debt317.6M207.8M41.7M226.1M396.9M235.3M
Other Liab141.8M126.7M143.5M161.8M186.1M95.5M
Net Tangible Assets659.1M661.3M588.4M457.7M411.9M527.5M
Other Assets313.7M314.2M314.8M314.1M361.2M275.1M
Short Long Term Debt317.6M317.4M322.9M390.2M396.9M355.1M
Property Plant Equipment48.1M43.2M40.0M37.2M42.8M43.1M
Non Current Liabilities Other134.3M2K1K154.0M177.1M185.9M
Cash And Equivalents2.8M731K2.4M803K722.7K1.4M
Net Invested Capital979.5M906.3M781.0M826.5M814.2M715.4M
Net Working Capital358.7M275.1M163.8M163.9M153.5M198.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ravi Stock Analysis

When running Ravi Kumar's price analysis, check to measure Ravi Kumar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ravi Kumar is operating at the current time. Most of Ravi Kumar's value examination focuses on studying past and present price action to predict the probability of Ravi Kumar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ravi Kumar's price. Additionally, you may evaluate how the addition of Ravi Kumar to your portfolios can decrease your overall portfolio volatility.