Jindal Net Receivables vs Non Current Assets Total 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 Net Receivables and its Non Current Assets Total 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.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Saw Limited Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jindal Saw's Net Receivables and Non Current Assets Total is 0.58. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Jindal Saw Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Jindal Saw's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
Click cells to compare fundamentals

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

Also Currently Popular

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.

Additional Tools for Jindal Stock Analysis

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