India Good Will vs Other Stockholder Equity Analysis
IGC Stock | USD 0.50 0.01 2.04% |
India Globalization financial indicator trend analysis is infinitely more than just investigating India Globalization recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether India Globalization is a good investment. Please check the relationship between India Globalization Good Will and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Good Will vs Other Stockholder Equity
Good Will vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of India Globalization Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between India Globalization's Good Will and Other Stockholder Equity is 0.27. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of India Globalization Capital, assuming nothing else is changed. The correlation between historical values of India Globalization's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of India Globalization Capital are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., India Globalization's Good Will and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Other Stockholder Equity
Most indicators from India Globalization's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into India Globalization 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. The current year's Enterprise Value is expected to grow to about 16.7 M, whereas Selling General Administrative is forecasted to decline to about 5.1 M.
India Globalization fundamental ratios Correlations
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India Globalization Account Relationship Matchups
High Positive Relationship
High Negative Relationship
India Globalization fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.0M | 35.9M | 26.8M | 17.2M | 15.5M | 25.6M | |
Short Long Term Debt Total | 535K | 985K | 488K | 481K | 432.9K | 411.3K | |
Other Current Liab | 298K | 430K | 1.5M | 358K | 411.7K | 432.3K | |
Total Current Liabilities | 1.9M | 2.4M | 2.4M | 1.9M | 1.7M | 3.4M | |
Total Stockholder Equity | 26.5M | 32.8M | 23.9M | 14.9M | 13.4M | 17.9M | |
Net Debt | (6.7M) | (13.6M) | (10.0M) | (2.7M) | (2.4M) | (2.6M) | |
Retained Earnings | (65.4M) | (74.1M) | (89.2M) | (100.7M) | (90.6M) | (86.1M) | |
Cash | 7.3M | 14.5M | 10.5M | 3.2M | 3.7M | 5.0M | |
Non Current Assets Total | 11.2M | 12.4M | 11.7M | 10.7M | 9.6M | 11.2M | |
Cash And Short Term Investments | 12.3M | 14.6M | 10.5M | 3.4M | 3.0M | 2.9M | |
Common Stock Total Equity | 63.9M | 94.0M | 94.8M | 109.7M | 126.2M | 132.5M | |
Common Stock Shares Outstanding | 39.5M | 42.0M | 50.0M | 52.6M | 60.5M | 63.5M | |
Short Term Investments | 781K | 5.1M | 80K | 154K | 138.6K | 131.7K | |
Liabilities And Stockholders Equity | 29.0M | 35.9M | 26.8M | 17.2M | 15.5M | 25.6M | |
Non Current Liabilities Total | 15K | 501K | 696K | 369K | 332.1K | 315.5K | |
Other Current Assets | 1.0M | 196K | 506K | 358K | 322.2K | 306.1K | |
Other Stockholder Equity | 150K | (2.8M) | (3.0M) | (3.4M) | (3.1M) | (2.9M) | |
Total Liab | 2.4M | 3.1M | 2.9M | 2.3M | 2.0M | 1.9M | |
Total Current Assets | 17.8M | 23.5M | 15.1M | 6.5M | 5.8M | 5.5M | |
Common Stock | 94.8M | 109.7M | 116.0M | 119.0M | 136.8M | 143.7M | |
Non Currrent Assets Other | 610K | 603K | 937K | 1.0M | 902.7K | 1.4M | |
Net Receivables | 133K | 1.9M | 597K | 131K | 117.9K | 112.0K | |
Property Plant And Equipment Net | 10.4M | 11.3M | 9.9M | 8.5M | 9.8M | 7.5M | |
Accounts Payable | 762K | 476K | 981K | 530K | 477K | 524.9K | |
Inventory | 4.2M | 5.5M | 3.5M | 2.7M | 3.0M | 1.6M | |
Property Plant And Equipment Gross | 10.4M | 11.3M | 13.1M | 10.5M | 12.0M | 7.9M | |
Accumulated Other Comprehensive Income | (2.9M) | (2.8M) | (3.0M) | (3.4M) | (3.1M) | (3.2M) | |
Net Tangible Assets | 26.3M | 32.4M | 23.0M | 13.7M | 15.8M | 18.9M | |
Other Assets | 610K | 603K | (1K) | 1.0M | 902.7K | 1.1M | |
Retained Earnings Total Equity | (53.8M) | (58.1M) | (65.4M) | (74.1M) | (66.7M) | (70.1M) |
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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.When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the India Globalization information on this page should be used as a complementary analysis to other India Globalization's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running India Globalization's price analysis, check to measure India Globalization'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 India Globalization is operating at the current time. Most of India Globalization's value examination focuses on studying past and present price action to predict the probability of India Globalization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Globalization's price. Additionally, you may evaluate how the addition of India Globalization to your portfolios can decrease your overall portfolio volatility.
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Is India Globalization's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.39) | Return On Assets (0.44) | Return On Equity (1.03) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.