Reliance Common Stock vs Cash Analysis

RPOWER Stock

45.80 0.49 1.06%

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

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Power Common Stock account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Reliance Power's Common Stock and Cash is -0.26. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Reliance Power Limited, assuming nothing else is changed. The correlation between historical values of Reliance Power's Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Reliance Power Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Reliance Power's Common Stock and Cash go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock

Cash

Cash refers to the most liquid asset of Reliance Power, which is listed under current asset account on Reliance Power Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Reliance Power customers. The amounts must be unrestricted with restricted cash listed in a different Reliance Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

At present, Reliance Power's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.9 B, whereas Selling General Administrative is forecasted to decline to about 2.4 B.

	2022	2023	2024	2025 (projected)
Total Revenue	75.4B	78.9B	90.8B	67.7B
Depreciation And Amortization	10.2B	12.6B	14.5B	10.0B

Total Revenue Depreciation And Amortization

Reliance Power fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Inventory	Intangible Assets
Common Stock Shares Outstanding		0.03	0.09	-0.14	-0.11	0.33	0.02	0.09	0.4	-0.07	0.17	0.01	-0.45	0.28	0.12	-0.13	0.33	0.11	0.05	0.34	0.03	0.07	-0.37	-0.12	-0.12	0.2
Total Assets	0.03		0.98	0.25	0.41	0.53	0.96	0.98	0.57	0.46	0.15	0.99	0.01	0.26	0.85	0.78	0.33	0.93	0.5	-0.07	0.96	0.86	0.01	0.4	0.74	0.51
Short Long Term Debt Total	0.09	0.98		0.14	0.3	0.58	0.95	0.99	0.6	0.41	0.24	0.97	0.01	0.35	0.86	0.74	0.34	0.97	0.5	0.04	0.93	0.86	-0.13	0.31	0.67	0.59
Other Current Liab	-0.14	0.25	0.14		0.93	-0.6	0.4	0.22	-0.46	0.45	-0.47	0.32	0.03	-0.5	0.2	0.63	-0.15	-0.05	-0.26	-0.66	0.48	-0.05	0.81	0.83	0.67	-0.19
Total Current Liabilities	-0.11	0.41	0.3	0.93		-0.46	0.49	0.4	-0.26	0.54	-0.51	0.48	-0.15	-0.55	0.28	0.65	-0.19	0.07	-0.23	-0.76	0.62	0.05	0.68	0.97	0.8	-0.22
Total Stockholder Equity	0.33	0.53	0.58	-0.6	-0.46		0.35	0.52	0.93	-0.03	0.47	0.46	-0.04	0.65	0.45	0.05	0.58	0.71	0.66	0.56	0.3	0.74	-0.59	-0.42	-0.04	0.57
Property Plant And Equipment Net	0.02	0.96	0.95	0.4	0.49	0.35		0.95	0.36	0.49	0.18	0.96	0.15	0.24	0.84	0.86	0.21	0.88	0.38	-0.06	0.97	0.77	0.14	0.45	0.78	0.55
Net Debt	0.09	0.98	0.99	0.22	0.4	0.52	0.95		0.58	0.47	0.08	0.99	-0.06	0.21	0.84	0.75	0.36	0.93	0.44	-0.09	0.95	0.81	-0.09	0.4	0.72	0.52
Retained Earnings	0.4	0.57	0.6	-0.46	-0.26	0.93	0.36	0.58		0.02	0.22	0.52	-0.34	0.41	0.45	0.08	0.6	0.66	0.61	0.31	0.38	0.68	-0.57	-0.19	0.07	0.4
Accounts Payable	-0.07	0.46	0.41	0.45	0.54	-0.03	0.49	0.47	0.02		-0.31	0.5	0.0	-0.27	0.34	0.29	0.08	0.3	-0.29	-0.42	0.53	0.23	0.24	0.5	0.78	-0.15
Cash	0.17	0.15	0.24	-0.47	-0.51	0.47	0.18	0.08	0.22	-0.31		0.06	0.41	0.94	0.27	0.02	-0.05	0.4	0.43	0.83	0.03	0.46	-0.26	-0.53	-0.23	0.53
Non Current Assets Total	0.01	0.99	0.97	0.32	0.48	0.46	0.96	0.99	0.52	0.5	0.06		-0.02	0.16	0.81	0.8	0.29	0.9	0.43	-0.15	0.98	0.8	0.05	0.48	0.78	0.46
Non Currrent Assets Other	-0.45	0.01	0.01	0.03	-0.15	-0.04	0.15	-0.06	-0.34	0.0	0.41	-0.02		0.37	0.03	0.29	-0.08	0.09	0.2	0.33	-0.01	0.14	0.38	-0.27	-0.03	0.44
Cash And Short Term Investments	0.28	0.26	0.35	-0.5	-0.55	0.65	0.24	0.21	0.41	-0.27	0.94	0.16	0.37		0.41	0.08	0.3	0.52	0.58	0.85	0.1	0.6	-0.35	-0.59	-0.21	0.67
Net Receivables	0.12	0.85	0.86	0.2	0.28	0.45	0.84	0.84	0.45	0.34	0.27	0.81	0.03	0.41		0.7	0.43	0.83	0.44	0.12	0.81	0.84	-0.13	0.28	0.57	0.59
Good Will	-0.13	0.78	0.74	0.63	0.65	0.05	0.86	0.75	0.08	0.29	0.02	0.8	0.29	0.08	0.7		0.17	0.63	0.41	-0.24	0.86	0.59	0.45	0.58	0.68	0.53
Short Term Investments	0.33	0.33	0.34	-0.15	-0.19	0.58	0.21	0.36	0.6	0.08	-0.05	0.29	-0.08	0.3	0.43	0.17		0.4	0.49	0.17	0.21	0.47	-0.29	-0.23	0.03	0.45
Non Current Liabilities Total	0.11	0.93	0.97	-0.05	0.07	0.71	0.88	0.93	0.66	0.3	0.4	0.9	0.09	0.52	0.83	0.63	0.4		0.61	0.24	0.83	0.91	-0.26	0.07	0.51	0.67
Other Current Assets	0.05	0.5	0.5	-0.26	-0.23	0.66	0.38	0.44	0.61	-0.29	0.43	0.43	0.2	0.58	0.44	0.41	0.49	0.61		0.29	0.35	0.72	-0.16	-0.24	-0.02	0.58
Other Stockholder Equity	0.34	-0.07	0.04	-0.66	-0.76	0.56	-0.06	-0.09	0.31	-0.42	0.83	-0.15	0.33	0.85	0.12	-0.24	0.17	0.24	0.29		-0.24	0.28	-0.49	-0.76	-0.53	0.58
Total Liab	0.03	0.96	0.93	0.48	0.62	0.3	0.97	0.95	0.38	0.53	0.03	0.98	-0.01	0.1	0.81	0.86	0.21	0.83	0.35	-0.24		0.74	0.18	0.6	0.85	0.41
Total Current Assets	0.07	0.86	0.86	-0.05	0.05	0.74	0.77	0.81	0.68	0.23	0.46	0.8	0.14	0.6	0.84	0.59	0.47	0.91	0.72	0.28	0.74		-0.15	0.02	0.46	0.6
Common Stock	-0.37	0.01	-0.13	0.81	0.68	-0.59	0.14	-0.09	-0.57	0.24	-0.26	0.05	0.38	-0.35	-0.13	0.45	-0.29	-0.26	-0.16	-0.49	0.18	-0.15		0.55	0.43	-0.25
Short Term Debt	-0.12	0.4	0.31	0.83	0.97	-0.42	0.45	0.4	-0.19	0.5	-0.53	0.48	-0.27	-0.59	0.28	0.58	-0.23	0.07	-0.24	-0.76	0.6	0.02	0.55		0.76	-0.26
Inventory	-0.12	0.74	0.67	0.67	0.8	-0.04	0.78	0.72	0.07	0.78	-0.23	0.78	-0.03	-0.21	0.57	0.68	0.03	0.51	-0.02	-0.53	0.85	0.46	0.43	0.76		-0.02
Intangible Assets	0.2	0.51	0.59	-0.19	-0.22	0.57	0.55	0.52	0.4	-0.15	0.53	0.46	0.44	0.67	0.59	0.53	0.45	0.67	0.58	0.58	0.41	0.6	-0.25	-0.26	-0.02

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Reliance Power Account Relationship Matchups

Reliance Power fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	507.8B	498.1B	485.4B	437.6B	503.2B	503.2B
Short Long Term Debt Total	256.3B	231.1B	212.4B	187.7B	215.8B	237.8B
Other Current Liab	64.2B	84.9B	86.7B	79.1B	90.9B	46.1B
Total Current Liabilities	159.3B	172.3B	183.7B	178.9B	205.8B	109.5B
Total Stockholder Equity	122.5B	124.6B	116.0B	116.1B	104.5B	130.2B
Property Plant And Equipment Net	405.2B	397.4B	380.5B	348.4B	400.6B	368.1B
Net Debt	254.9B	229.5B	210.0B	183.3B	210.8B	226.6B
Retained Earnings	1.4B	(4.4B)	(16.1B)	(23.3B)	(21.0B)	(20.0B)
Accounts Payable	4.2B	5.2B	5.2B	4.5B	5.2B	4.5B
Cash	1.4B	1.6B	2.4B	4.4B	3.9B	3.7B
Non Current Assets Total	450.6B	440.0B	435.1B	392.2B	451.0B	441.3B
Non Currrent Assets Other	14.8B	14.8B	14.7B	41.4B	47.7B	50.0B
Cash And Short Term Investments	3.4B	6.7B	8.0B	4.7B	4.2B	4.0B
Net Receivables	36.0B	35.1B	29.5B	18.2B	20.9B	28.1B
Short Term Investments	2.0B	5.1B	5.6B	365.8M	329.2M	312.8M
Liabilities And Stockholders Equity	507.8B	498.1B	485.4B	437.6B	503.2B	503.2B
Non Current Liabilities Total	210.4B	185.0B	168.7B	142.5B	163.9B	210.6B
Other Current Assets	16.3B	8.0B	8.8B	14.4B	16.6B	16.4B
Other Stockholder Equity	93.0B	89.8B	94.7B	85.4B	76.8B	85.1B
Total Liab	369.7B	357.3B	352.5B	321.5B	369.7B	320.0B
Total Current Assets	57.2B	58.1B	50.2B	47.5B	54.6B	62.0B
Accumulated Other Comprehensive Income	13.1B	15.1B	14.7B	13.9B	12.6B	13.2B
Short Term Debt	102.3B	89.1B	116.0B	93.6B	107.6B	69.0B
Inventory	8.7B	8.3B	9.3B	9.6B	11.1B	8.0B
Intangible Assets	316.4M	298M	281.6M	263.3M	237.0M	293.2M
Current Deferred Revenue	57.5B	68.0B	76.2B	1.8B	2.1B	2.0B
Other Liab	44.0B	42.8B	42.1B	43.0B	49.4B	44.8B
Net Tangible Assets	173.3B	118.2B	122.0B	124.2B	111.8B	139.0B
Other Assets	100K	56.7B	2.0B	(2.1B)	(1.9B)	(1.8B)
Long Term Debt	168.3B	142.1B	122.4B	94.1B	84.7B	163.2B
Short Long Term Debt	37.9B	89.1B	90.0B	93.6B	84.2B	73.5B
Property Plant Equipment	421.4B	390.6B	382.8B	380.5B	342.5B	334.9B
Long Term Debt Total	198.9B	168.3B	142.1B	122.4B	110.2B	160.5B
Cash And Equivalents	22.3M	146.2M	318.2M	493.2M	443.9M	277.2M
Net Invested Capital	328.7B	355.8B	328.3B	303.8B	273.4B	312.7B
Net Working Capital	(102.1B)	(114.2B)	(133.5B)	(131.5B)	(118.3B)	(124.2B)

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Balance Sheet is a snapshot of the financial position of Reliance Power at a specified time, usually calculated after every quarter, six months, or one year. Reliance Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Reliance Power 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 Common Stock vs Cash Analysis

Common Stock vs Cash

Common Stock vs Cash Correlation Analysis

Correlation Coefficient

Common Stock

Cash

Reliance Power fundamental ratios Correlations

Reliance Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Power fundamental ratios Accounts

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Other Information on Investing in Reliance Stock

COMMON DESTINATIONS

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Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Net Debt
Short Long Term Debt Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Assets Total

Short Term Debt	- 0.76	Other Stockholder Equity
Other Stockholder Equity	- 0.76	Total Current Liabilities
Other Stockholder Equity	- 0.66	Other Current Liab
Total Stockholder Equity	- 0.6	Other Current Liab
Short Term Debt	- 0.59	Cash And Short Term Investments
Common Stock	- 0.59	Total Stockholder Equity