The Drivers Module shows relationships between BAJAJ GLOBAL's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of BAJAJ GLOBAL LTD over time as well as its relative position and ranking within its peers. Check also Trending Equities.
BAJAJ GLOBAL LTD Current Asset vs. Retained Earnings Fundamental Analysis
BAJAJ GLOBAL LTD is rated third in retained earnings category among related companies. It is rated third in current asset category among related companies fabricating about 1.27 of Current Asset per Retained Earnings. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.
BAJAJ GLOBAL LTD Current Asset Comparison
BAJAJ GLOBAL is currently under evaluation in current asset category among related companies.