Welspun Retained Earnings vs Common Stock Shares Outstanding Analysis

WELCORP Stock   779.65  12.95  1.69%   
Welspun Corp financial indicator trend analysis is more than just analyzing Welspun Corp Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Corp Limited is a good investment. Please check the relationship between Welspun Corp Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welspun Corp Limited Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Welspun Corp's Retained Earnings and Common Stock Shares Outstanding is 0.47. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Welspun Corp Limited, assuming nothing else is changed. The correlation between historical values of Welspun Corp's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Welspun Corp Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Welspun Corp's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Welspun Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.
As of 01/18/2025, Issuance Of Capital Stock is likely to grow to about 17.6 M, while Selling General Administrative is likely to drop slightly above 1.3 B.
 2022 2023 2024 2025 (projected)
Gross Profit25.0B51.6B59.4B62.3B
Total Revenue97.6B173.4B199.4B209.4B

Welspun Corp fundamental ratios Correlations

0.850.70.880.750.880.740.850.80.930.520.880.780.590.720.780.74-0.020.830.960.92-0.30.630.410.610.68
0.850.690.640.50.920.970.670.550.910.540.810.540.340.790.960.47-0.260.850.90.65-0.440.56-0.010.750.63
0.70.690.720.470.650.640.470.520.670.230.690.260.140.640.540.71-0.290.670.740.63-0.270.790.260.420.49
0.880.640.720.590.60.50.780.810.650.310.730.570.510.520.490.950.210.690.890.97-0.290.790.380.380.5
0.750.50.470.590.620.360.550.70.70.360.670.680.560.520.450.480.00.560.610.67-0.110.410.70.310.54
0.880.920.650.60.620.880.730.570.970.480.760.640.480.70.920.46-0.350.720.860.63-0.230.410.250.590.53
0.740.970.640.50.360.880.590.340.830.530.680.470.250.730.960.37-0.280.790.820.52-0.440.45-0.170.740.56
0.850.670.470.780.550.730.590.70.770.470.630.790.530.440.690.67-0.010.720.850.8-0.270.330.240.570.53
0.80.550.520.810.70.570.340.70.650.280.750.570.470.430.430.680.10.60.740.82-0.190.590.570.360.51
0.930.910.670.650.70.970.830.770.650.570.850.710.470.770.890.48-0.330.810.880.7-0.260.460.330.690.68
0.520.540.230.310.360.480.530.470.280.570.440.57-0.020.430.620.16-0.020.60.520.39-0.10.12-0.120.790.68
0.880.810.690.730.670.760.680.630.750.850.440.580.470.920.690.53-0.140.890.830.76-0.480.730.380.660.78
0.780.540.260.570.680.640.470.790.570.710.570.580.630.460.590.430.230.630.670.72-0.150.160.410.560.6
0.590.340.140.510.560.480.250.530.470.47-0.020.470.630.360.320.430.310.30.50.62-0.220.20.47-0.010.08
0.720.790.640.520.520.70.730.440.430.770.430.920.460.360.690.32-0.250.860.690.55-0.550.650.180.690.76
0.780.960.540.490.450.920.960.690.430.890.620.690.590.320.690.32-0.30.790.830.53-0.40.31-0.10.780.58
0.740.470.710.950.480.460.370.670.680.480.160.530.430.430.320.320.260.50.770.89-0.150.760.370.170.3
-0.02-0.26-0.290.210.0-0.35-0.28-0.010.1-0.33-0.02-0.140.230.31-0.25-0.30.26-0.11-0.020.31-0.020.040.04-0.18-0.11
0.830.850.670.690.560.720.790.720.60.810.60.890.630.30.860.790.5-0.110.850.72-0.590.610.070.880.87
0.960.90.740.890.610.860.820.850.740.880.520.830.670.50.690.830.77-0.020.850.9-0.390.660.190.650.62
0.920.650.630.970.670.630.520.80.820.70.390.760.720.620.550.530.890.310.720.9-0.280.710.440.430.56
-0.3-0.44-0.27-0.29-0.11-0.23-0.44-0.27-0.19-0.26-0.1-0.48-0.15-0.22-0.55-0.4-0.15-0.02-0.59-0.39-0.28-0.360.3-0.47-0.42
0.630.560.790.790.410.410.450.330.590.460.120.730.160.20.650.310.760.040.610.660.71-0.360.280.30.51
0.41-0.010.260.380.70.25-0.170.240.570.33-0.120.380.410.470.18-0.10.370.040.070.190.440.30.28-0.20.17
0.610.750.420.380.310.590.740.570.360.690.790.660.56-0.010.690.780.17-0.180.880.650.43-0.470.3-0.20.88
0.680.630.490.50.540.530.560.530.510.680.680.780.60.080.760.580.3-0.110.870.620.56-0.420.510.170.88
Click cells to compare fundamentals

Welspun Corp Account Relationship Matchups

Welspun Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets65.2B91.7B153.4B118.5B136.3B93.5B
Short Long Term Debt Total8.3B20.6B33.6B19.5B22.4B24.8B
Other Current Liab3.1B3.6B25.2B7.9B7.1B7.7B
Total Current Liabilities19.5B29.1B81.7B39.8B45.7B34.2B
Total Stockholder Equity37.9B44.3B47.3B56.2B64.6B67.8B
Property Plant And Equipment Net18.0B34.1B45.9B44.7B51.4B36.5B
Net Debt6.6B10.1B23.5B11.3B13.0B18.3B
Accounts Payable7.2B9.8B25.7B22.4B25.8B14.9B
Cash1.7B6.4B10.2B8.2B9.4B6.3B
Non Current Assets Total24.4B48.5B56.9B57.6B66.3B43.9B
Non Currrent Assets Other467.5M2.8B1.2B2.9B3.3B3.3B
Cash And Short Term Investments13.2B21.6B22.7B14.7B16.9B12.9B
Net Receivables15.5B8.1B12.6B18.0B20.7B12.4B
Common Stock Shares Outstanding261.6M261.6M262.0M262.4M301.8M248.6M
Short Term Investments11.5B15.2B12.5B6.5B7.5B7.4B
Liabilities And Stockholders Equity65.2B91.7B153.4B118.5B136.3B93.5B
Non Current Liabilities Total7.5B17.4B23.3B21.4B24.6B26.3B
Inventory10.4B10.2B56.9B23.2B26.6B19.6B
Other Current Assets10.7B41.2M7.5B5.0B5.7B5.4B
Other Stockholder Equity10.1B10.1B17.0B8.9B10.3B11.9B
Total Liab27.1B46.4B105.0B61.2B70.3B60.5B
Total Current Assets40.9B43.2B96.5B60.9B70.0B49.6B
Accumulated Other Comprehensive Income4.3B4.6B1.1B10.7B12.3B12.9B
Short Term Debt3.9B6.1B14.0B2.9B3.4B4.6B
Retained Earnings26.6B28.3B29.0B35.2B40.5B23.1B
Intangible Assets70.4M69.7M137.4M122.2M110.0M104.5M
Current Deferred Revenue7.1B9.5B10.2B6.5B7.5B7.2B
Other Liab4.5B2.8B2.9B3.7B3.3B4.5B
Net Tangible Assets32.1B37.9B40.8B43.6B50.1B35.5B
Other Assets1.8B1.4B3.6B1.1B1.2B2.3B
Long Term Debt4.4B14.3B19.3B16.2B14.6B12.4B
Short Long Term Debt1.2B5.9B13.9B2.9B2.6B2.4B
Property Plant Equipment16.8B17.4B33.3B45.9B41.3B26.3B
Long Term Debt Total5.6B4.8B14.5B19.6B17.7B10.2B
Capital Surpluse7.2B6.5M10.1B10.2B11.7B8.0B

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