Olympic Net Working Capital from 2010 to 2024

ZEUS Stock  USD 42.41  1.65  4.05%   
Olympic Steel Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Olympic Steel Net Working Capital quarterly data regression had r-value of  0.66 and coefficient of variation of  24.04. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
422.9 M
Current Value
443 M
Quarterly Volatility
86.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
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Latest Olympic Steel's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Olympic Steel over the last few years. It is Olympic Steel's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Olympic Net Working Capital Regression Statistics

Arithmetic Mean361,657,881
Geometric Mean353,122,273
Coefficient Of Variation24.04
Mean Deviation73,391,041
Median308,989,000
Standard Deviation86,948,858
Sample Variance7560.1T
Range289.6M
R-Value0.66
Mean Square Error4556.8T
R-Squared0.44
Significance0.01
Slope12,901,166
Total Sum of Squares105841.5T

Olympic Net Working Capital History

2024443 M
2023422.9 M
2022493.4 M
2021565.1 M
2020275.5 M
2019318.8 M
2018434.3 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital422.9 M443 M

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Additional Tools for Olympic Stock Analysis

When running Olympic Steel's price analysis, check to measure Olympic Steel'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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.