Jindal Current Deferred Revenue vs Inventory Analysis

JINDALSAW   306.60  0.10  0.03%   
Jindal Saw financial indicator trend analysis is infinitely more than just investigating Jindal Saw Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Saw Limited is a good investment. Please check the relationship between Jindal Saw Current Deferred Revenue and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Saw 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 nation.

Current Deferred Revenue vs Inventory

Current Deferred Revenue vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Saw Limited Current Deferred Revenue account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jindal Saw's Current Deferred Revenue and Inventory is 0.54. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Jindal Saw Limited, assuming nothing else is changed. The correlation between historical values of Jindal Saw's Current Deferred Revenue and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Jindal Saw Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Jindal Saw's Current Deferred Revenue and Inventory go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Inventory

Most indicators from Jindal Saw's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Saw 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Saw 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 nation.
At this time, Jindal Saw's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 6.5 B in 2024, whereas Discontinued Operations is likely to drop (129.6 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.4B6.4B6.8B3.9B
Depreciation And Amortization4.7B4.7B5.7B2.9B

Jindal Saw fundamental ratios Correlations

0.680.760.960.760.950.630.650.560.390.960.560.220.740.720.560.930.67-0.040.970.940.82-0.060.85-0.350.64
0.680.230.530.320.820.990.28-0.060.110.740.270.10.230.310.960.480.88-0.060.80.540.650.250.89-0.270.24
0.760.230.840.640.590.160.530.610.490.670.50.520.710.520.040.80.210.050.680.80.56-0.090.49-0.050.48
0.960.530.840.730.830.470.70.660.410.870.520.270.80.660.370.970.54-0.080.930.970.7-0.090.77-0.330.6
0.760.320.640.730.680.260.830.840.680.720.710.190.650.70.230.770.41-0.050.660.740.86-0.270.62-0.290.67
0.950.820.590.830.680.780.510.350.280.990.550.120.570.650.730.790.780.020.940.810.84-0.020.88-0.370.63
0.630.990.160.470.260.780.21-0.110.010.710.210.020.190.230.970.420.88-0.030.750.470.620.270.85-0.280.23
0.650.280.530.70.830.510.210.830.710.540.670.230.560.620.190.740.44-0.170.620.720.64-0.280.62-0.430.49
0.56-0.060.610.660.840.35-0.110.830.620.420.580.160.730.56-0.130.70.12-0.170.470.680.52-0.250.31-0.190.56
0.390.110.490.410.680.280.010.710.620.290.590.610.360.590.030.470.14-0.290.330.480.42-0.160.380.090.15
0.960.740.670.870.720.990.710.540.420.290.610.090.580.620.630.820.740.060.940.820.86-0.070.86-0.440.71
0.560.270.50.520.710.550.210.670.580.590.610.030.250.490.240.470.440.150.50.460.64-0.210.47-0.410.71
0.220.10.520.270.190.120.020.230.160.610.090.030.360.34-0.010.33-0.12-0.180.210.370.12-0.090.160.39-0.17
0.740.230.710.80.650.570.190.560.730.360.580.250.360.650.140.840.15-0.050.690.880.52-0.120.430.060.42
0.720.310.520.660.70.650.230.620.560.590.620.490.340.650.240.760.32-0.090.610.750.5-0.160.49-0.060.38
0.560.960.040.370.230.730.970.19-0.130.030.630.24-0.010.140.240.320.87-0.070.680.40.580.320.77-0.230.22
0.930.480.80.970.770.790.420.740.70.470.820.470.330.840.760.320.49-0.120.890.980.69-0.140.75-0.290.54
0.670.880.210.540.410.780.880.440.120.140.740.44-0.120.150.320.870.49-0.220.770.520.630.320.85-0.480.4
-0.04-0.060.05-0.08-0.050.02-0.03-0.17-0.17-0.290.060.15-0.18-0.05-0.09-0.07-0.12-0.22-0.09-0.150.14-0.17-0.10.050.08
0.970.80.680.930.660.940.750.620.470.330.940.50.210.690.610.680.890.77-0.090.920.780.050.91-0.350.56
0.940.540.80.970.740.810.470.720.680.480.820.460.370.880.750.40.980.52-0.150.920.67-0.040.76-0.20.5
0.820.650.560.70.860.840.620.640.520.420.860.640.120.520.50.580.690.630.140.780.67-0.160.79-0.360.69
-0.060.25-0.09-0.09-0.27-0.020.27-0.28-0.25-0.16-0.07-0.21-0.09-0.12-0.160.32-0.140.32-0.170.05-0.04-0.160.060.47-0.39
0.850.890.490.770.620.880.850.620.310.380.860.470.160.430.490.770.750.85-0.10.910.760.790.06-0.410.39
-0.35-0.27-0.05-0.33-0.29-0.37-0.28-0.43-0.190.09-0.44-0.410.390.06-0.06-0.23-0.29-0.480.05-0.35-0.2-0.360.47-0.41-0.65
0.640.240.480.60.670.630.230.490.560.150.710.71-0.170.420.380.220.540.40.080.560.50.69-0.390.39-0.65
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Jindal Saw Account Relationship Matchups

Jindal Saw fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.7B162.3B168.5B182.6B210.2B118.8B
Short Long Term Debt Total56.5B53.3B60.3B49.2B57.3B45.7B
Other Current Liab12.2B13.0B13.3B12.8B13.8B7.3B
Total Current Liabilities58.4B63.5B71.4B80.4B83.3B41.6B
Total Stockholder Equity67.6B69.8B73.6B79.2B100.9B106.0B
Property Plant And Equipment Net79.0B77.1B76.4B76.6B94.5B55.6B
Net Debt54.8B47.9B55.4B48.4B49.9B42.2B
Retained Earnings27.4B29.7B33.2B38.2B54.5B57.2B
Accounts Payable14.0B19.4B15.4B30.0B29.5B31.0B
Cash1.7B5.5B5.0B775.6M7.4B7.8B
Non Current Assets Total96.6B95.1B95.3B93.5B107.2B63.7B
Non Currrent Assets Other12.3B13.2B6.2B3.4B10.3B10.8B
Cash And Short Term Investments1.7B6.2B5.1B2.4B7.5B4.5B
Net Receivables18.8B21.6B19.6B38.4B36.6B21.5B
Common Stock Shares Outstanding319.7M318.1M317.8M317.7M636.7M333.9M
Liabilities And Stockholders Equity154.7B162.3B168.5B182.6B210.2B118.8B
Non Current Liabilities Total33.5B33.3B28.6B29.3B33.3B30.5B
Inventory26.9B29.2B37.6B41.0B49.0B24.5B
Other Current Assets9.2B8.6B8.8B7.5B8.5B7.5B
Other Stockholder Equity67.0B6.3B6.3B6.3B6.3B6.0B
Total Liab91.9B96.9B100.0B109.8B116.5B72.1B
Total Current Assets58.2B67.1B73.2B89.1B103.0B54.9B
Accumulated Other Comprehensive Income33.2B33.2B33.6B34.1B39.5B41.5B
Intangible Assets124.1M107.7M99.6M79.3M61.3M58.2M
Short Term Debt30.3B28.0B39.8B29.7B34.9B29.3B
Current Deferred Revenue5.5B7.5B2.7B6.0B4.5B3.8B
Short Term Investments47.3M693.5M132.0M1.6B67.0M63.6M
Other Liab7.3B8.0B8.1B9.9B11.4B8.3B
Net Tangible Assets67.5B69.7B73.5B79.1B91.0B65.9B
Other Assets16.0B3K1K4.2B104K98.8K
Long Term Debt23.6B23.0B18.3B17.3B21.1B22.9B
Short Long Term Debt30.1B20.9B39.5B29.5B34.8B31.5B
Property Plant Equipment79.0B77.1B76.4B76.6B88.1B83.6B
Long Term Debt Total26.1B25.3B20.5B13.3B12.0B20.3B
Capital Lease Obligations2.8B2.5B2.4B2.4B1.7B1.8B

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