Hisar Short Long Term Debt Total vs Common Stock Shares Outstanding Analysis

HISARMETAL   200.68  10.92  5.75%   
Hisar Metal financial indicator trend analysis is much more than just examining Hisar Metal Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hisar Metal Industries is a good investment. Please check the relationship between Hisar Metal Short Long Term Debt Total and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hisar Metal Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Short Long Term Debt Total vs Common Stock Shares Outstanding

Short Long Term Debt Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hisar Metal Industries Short Long Term Debt Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hisar Metal's Short Long Term Debt Total and Common Stock Shares Outstanding is 0.68. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Hisar Metal Industries, assuming nothing else is changed. The correlation between historical values of Hisar Metal's Short Long Term Debt Total 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 Short Long Term Debt Total of Hisar Metal Industries 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 Short Long Term Debt Total i.e., Hisar Metal's Short Long Term Debt Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

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 Hisar Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hisar Metal Industries 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 Hisar Metal Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current year's Tax Provision is expected to grow to about 26.6 M, whereas Selling General Administrative is forecasted to decline to about 10.6 M.
 2022 2023 2024 2025 (projected)
Interest Expense55.3M63.8M57.4M44.6M
Depreciation And Amortization21.7M22.8M26.2M22.8M

Hisar Metal fundamental ratios Correlations

0.770.680.540.540.70.640.70.750.53-0.510.680.44-0.41-0.020.290.760.510.330.720.761.00.350.0-0.75-0.83
0.770.880.680.810.830.810.910.840.72-0.720.870.46-0.590.30.150.860.450.510.961.00.770.630.06-0.55-0.56
0.680.880.570.860.70.80.990.710.43-0.540.850.23-0.470.3-0.170.720.390.510.890.860.680.890.18-0.64-0.53
0.540.680.570.390.870.670.570.840.45-0.50.690.25-0.470.150.340.780.450.790.630.660.510.410.18-0.33-0.29
0.540.810.860.390.530.550.860.560.69-0.520.620.33-0.480.45-0.410.670.210.340.920.820.540.820.01-0.51-0.41
0.70.830.70.870.530.750.730.980.51-0.770.790.43-0.610.10.270.940.570.720.740.820.680.470.18-0.5-0.54
0.640.810.80.670.550.750.80.780.4-0.490.99-0.03-0.40.410.260.670.190.70.750.780.630.610.43-0.43-0.47
0.70.910.990.570.860.730.80.750.48-0.630.850.29-0.550.27-0.120.760.440.50.910.90.70.850.15-0.63-0.54
0.750.840.710.840.560.980.780.750.56-0.780.810.38-0.640.140.280.960.510.720.770.830.730.460.24-0.55-0.6
0.530.720.430.450.690.510.40.480.56-0.570.430.45-0.550.370.120.70.140.290.80.740.530.22-0.15-0.3-0.35
-0.51-0.72-0.54-0.5-0.52-0.77-0.49-0.63-0.78-0.57-0.52-0.540.850.05-0.19-0.82-0.6-0.4-0.66-0.74-0.5-0.28-0.030.350.41
0.680.870.850.690.620.790.990.850.810.43-0.520.08-0.40.380.210.720.270.690.80.840.680.660.37-0.46-0.51
0.440.460.230.250.330.43-0.030.290.380.45-0.540.08-0.24-0.190.090.490.53-0.230.380.50.440.03-0.49-0.41-0.43
-0.41-0.59-0.47-0.47-0.48-0.61-0.4-0.55-0.64-0.550.85-0.4-0.240.18-0.13-0.73-0.63-0.52-0.61-0.6-0.4-0.270.020.250.31
-0.020.30.30.150.450.10.410.270.140.370.050.38-0.190.18-0.20.1-0.670.230.40.28-0.010.420.510.060.11
0.290.15-0.170.34-0.410.270.26-0.120.280.12-0.190.210.09-0.13-0.20.150.220.14-0.040.140.29-0.520.00.01-0.16
0.760.860.720.780.670.940.670.760.960.7-0.820.720.49-0.730.10.150.560.640.840.860.740.470.08-0.59-0.62
0.510.450.390.450.210.570.190.440.510.14-0.60.270.53-0.63-0.670.220.560.230.340.470.510.16-0.41-0.41-0.43
0.330.510.510.790.340.720.70.50.720.29-0.40.69-0.23-0.520.230.140.640.230.510.480.310.470.53-0.04-0.12
0.720.960.890.630.920.740.750.910.770.8-0.660.80.38-0.610.4-0.040.840.340.510.960.720.710.05-0.55-0.51
0.761.00.860.660.820.820.780.90.830.74-0.740.840.5-0.60.280.140.860.470.480.960.770.610.01-0.55-0.56
1.00.770.680.510.540.680.630.70.730.53-0.50.680.44-0.4-0.010.290.740.510.310.720.770.35-0.01-0.74-0.83
0.350.630.890.410.820.470.610.850.460.22-0.280.660.03-0.270.42-0.520.470.160.470.710.610.350.25-0.41-0.23
0.00.060.180.180.010.180.430.150.24-0.15-0.030.37-0.490.020.510.00.08-0.410.530.050.01-0.010.250.130.08
-0.75-0.55-0.64-0.33-0.51-0.5-0.43-0.63-0.55-0.30.35-0.46-0.410.250.060.01-0.59-0.41-0.04-0.55-0.55-0.74-0.410.130.88
-0.83-0.56-0.53-0.29-0.41-0.54-0.47-0.54-0.6-0.350.41-0.51-0.430.310.11-0.16-0.62-0.43-0.12-0.51-0.56-0.83-0.230.080.88
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Hisar Metal Account Relationship Matchups

Hisar Metal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.4B1.7B2.0B1.1B
Short Long Term Debt Total622.6M646.0M684.9M806.3M927.3M649.5M
Other Current Liab31.2M36.7M32.4M42.9M49.4M51.8M
Total Current Liabilities813.5M704.1M687.3M861.2M990.4M625.5M
Total Stockholder Equity323.2M438.4M542.5M601.8M692.0M726.6M
Property Plant And Equipment Net220.0M189.8M246.9M284.9M327.6M239.1M
Net Debt620.9M644.9M683.6M804.9M925.6M622.0M
Retained Earnings238.5M203.6M307.7M367.0M422.1M443.2M
Accounts Payable350.9M201.5M146.7M210.0M241.5M144.9M
Cash1.7M1.2M1.3M1.4M1.3M1.2M
Non Current Assets Total231.4M214.5M273.4M312M358.8M253.0M
Non Currrent Assets Other31.9M54.1M47M12.1M13.9M16.3M
Cash And Short Term Investments1.7M1.2M48.3M1.8M1.6M1.6M
Net Receivables488.4M(41.3M)483.3M500.8M450.7M263.9M
Liabilities And Stockholders Equity1.4B1.4B1.4B1.7B2.0B1.1B
Non Current Liabilities Total224.5M223.6M219.8M234.9M211.4M179.3M
Inventory629.4M579.8M548.3M668.9M769.3M807.7M
Other Current Assets10.4M570.6M96.3M214.3M246.5M258.8M
Total Liab1.0B927.7M907.1M1.1B1.3B872.0M
Total Current Assets1.1B1.2B1.2B1.4B1.6B875.1M
Short Term Debt425.7M451.3M502.4M608.3M699.5M524.2M
Current Deferred Revenue5.7M(7.4M)5.8M8.7M7.8M8.2M
Other Liab27.3M27.6M33.2M37.4M43.0M32.3M
Net Tangible Assets274.5M323.2M438.4M542.5M623.9M315.6M
Other Assets(2.0)2.02K(1K)(900.0)(855.0)
Long Term Debt196.9M190.3M182.5M198M227.7M180.0M
Short Long Term Debt419M448.3M502.4M608.3M699.5M477.2M
Property Plant Equipment222.3M220.0M189.8M246.9M284.0M241.8M
Short Term Investments31.9M40.9M47M12.1M10.8M10.3M
Net Invested Capital939.1M1.1B1.2B1.4B1.6B1.1B
Net Working Capital316.4M447.4M488.9M524.6M603.3M370.9M
Property Plant And Equipment Gross568.2M558.0M246.9M284.9M256.4M353.1M

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Other Information on Investing in Hisar Stock

Balance Sheet is a snapshot of the financial position of Hisar Metal Industries at a specified time, usually calculated after every quarter, six months, or one year. Hisar Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hisar Metal 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 Hisar currently owns. An asset can also be divided into two categories, current and non-current.