Jindal Non Current Assets Total vs Common Stock Shares Outstanding Analysis

JINDALSAW   240.75  6.25  2.53%   
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 Non Current Assets 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 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.

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets 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 Jindal Saw Limited Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jindal Saw's Non Current Assets Total and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding 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 Non Current Assets 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 Non Current Assets Total of Jindal Saw Limited 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 Non Current Assets Total i.e., Jindal Saw's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 7.5 B in 2025, whereas Discontinued Operations is likely to drop (129.6 M) in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense6.4B6.8B7.8B8.2B
Depreciation And Amortization4.7B5.7B6.5B6.9B

Jindal Saw fundamental ratios Correlations

0.50.840.980.970.760.430.90.840.760.770.750.340.70.820.430.960.57-0.160.780.970.75-0.150.76-0.210.59
0.50.180.40.320.80.990.30.020.160.740.290.160.290.740.960.340.89-0.090.780.370.620.220.88-0.250.27
0.840.180.90.870.540.090.790.840.780.590.690.560.690.620.040.870.23-0.070.610.860.58-0.170.520.00.49
0.980.40.90.950.690.310.930.90.770.710.730.370.750.740.290.980.48-0.20.760.980.68-0.180.72-0.210.57
0.970.320.870.950.690.230.880.890.780.710.770.320.70.770.240.960.41-0.110.680.940.7-0.270.63-0.20.63
0.760.80.540.690.690.740.570.450.410.990.580.270.680.940.70.630.75-0.040.950.640.7-0.060.89-0.30.64
0.430.990.090.310.230.740.21-0.070.040.680.210.050.210.690.970.250.88-0.050.710.280.60.250.83-0.270.24
0.90.30.790.930.880.570.210.880.80.590.740.350.640.60.210.940.44-0.210.660.930.52-0.290.64-0.340.5
0.840.020.840.90.890.45-0.070.880.740.50.670.30.760.5-0.060.910.17-0.20.540.90.43-0.260.4-0.130.55
0.760.160.780.770.780.410.040.80.740.410.680.650.510.440.080.810.19-0.30.450.820.33-0.180.450.110.22
0.770.740.590.710.710.990.680.590.50.410.630.240.670.940.620.650.73-0.010.950.640.73-0.110.87-0.370.71
0.750.290.690.730.770.580.210.740.670.680.630.160.380.620.250.680.450.080.550.670.57-0.230.52-0.350.7
0.340.160.560.370.320.270.050.350.30.650.240.160.490.270.040.41-0.05-0.220.350.440.08-0.120.260.39-0.08
0.70.290.690.750.70.680.210.640.760.510.670.380.490.630.190.750.22-0.120.760.770.37-0.150.520.090.45
0.820.740.620.740.770.940.690.60.50.440.940.620.270.630.650.70.680.060.880.690.81-0.170.85-0.330.7
0.430.960.040.290.240.70.970.21-0.060.080.620.250.040.190.650.240.88-0.080.660.290.560.30.76-0.220.24
0.960.340.870.980.960.630.250.940.910.810.650.680.410.750.70.240.41-0.220.70.990.62-0.210.67-0.150.5
0.570.890.230.480.410.750.880.440.170.190.730.45-0.050.220.680.880.41-0.240.750.430.60.30.85-0.460.42
-0.16-0.09-0.07-0.2-0.11-0.04-0.05-0.21-0.2-0.3-0.010.08-0.22-0.120.06-0.08-0.22-0.24-0.14-0.250.16-0.16-0.140.040.05
0.780.780.610.760.680.950.710.660.540.450.950.550.350.760.880.660.70.75-0.140.710.640.00.92-0.290.58
0.970.370.860.980.940.640.280.930.90.820.640.670.440.770.690.290.990.43-0.250.710.61-0.140.67-0.090.47
0.750.620.580.680.70.70.60.520.430.330.730.570.080.370.810.560.620.60.160.640.61-0.150.71-0.370.65
-0.150.22-0.17-0.18-0.27-0.060.25-0.29-0.26-0.18-0.11-0.23-0.12-0.15-0.170.3-0.210.3-0.160.0-0.14-0.150.020.46-0.4
0.760.880.520.720.630.890.830.640.40.450.870.520.260.520.850.760.670.85-0.140.920.670.710.02-0.360.43
-0.21-0.250.0-0.21-0.2-0.3-0.27-0.34-0.130.11-0.37-0.350.390.09-0.33-0.22-0.15-0.460.04-0.29-0.09-0.370.46-0.36-0.62
0.590.270.490.570.630.640.240.50.550.220.710.7-0.080.450.70.240.50.420.050.580.470.65-0.40.43-0.62
Click cells to compare fundamentals

Jindal Saw Account Relationship Matchups

Jindal Saw fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets162.3B168.5B182.6B210.2B241.7B253.8B
Short Long Term Debt Total53.3B60.3B49.2B57.3B65.9B45.7B
Other Current Liab13.0B13.3B12.8B13.8B15.9B16.7B
Total Current Liabilities63.5B71.4B80.4B83.3B95.7B100.5B
Total Stockholder Equity69.8B73.6B79.2B100.9B116.1B121.9B
Property Plant And Equipment Net77.1B76.4B76.6B94.5B108.6B55.6B
Net Debt47.9B55.4B48.4B49.9B57.3B42.2B
Retained Earnings29.7B33.2B38.2B54.5B62.7B65.8B
Accounts Payable19.4B15.4B30.0B29.5B34.0B35.7B
Cash5.5B5.0B775.6M7.4B8.5B8.9B
Non Current Assets Total95.1B95.3B93.5B107.2B123.3B63.7B
Non Currrent Assets Other13.2B6.2B3.4B10.3B11.8B12.4B
Cash And Short Term Investments6.2B5.1B2.4B7.5B8.6B4.5B
Net Receivables21.6B19.6B38.4B36.6B42.1B21.5B
Common Stock Shares Outstanding636.2M635.6M635.3M636.7M732.3M621.3M
Liabilities And Stockholders Equity162.3B168.5B182.6B210.2B241.7B253.8B
Non Current Liabilities Total33.3B28.6B29.3B33.3B38.3B30.5B
Inventory29.2B37.6B41.0B49.0B56.3B59.1B
Other Current Assets8.6B8.8B7.5B8.5B9.8B7.5B
Other Stockholder Equity6.3B6.3B6.3B6.3B7.2B6.9B
Total Liab96.9B100.0B109.8B116.5B134.0B72.1B
Total Current Assets67.1B73.2B89.1B103.0B118.5B124.4B
Accumulated Other Comprehensive Income33.2B33.6B34.1B39.5B45.4B47.7B
Intangible Assets107.7M99.6M79.3M61.3M70.5M66.9M
Short Term Debt28.0B39.8B29.7B34.9B40.1B29.3B
Current Deferred Revenue7.5B2.7B6.0B4.5B5.2B3.8B
Short Term Investments693.5M132.0M1.6B67.0M60.3M57.3M
Other Liab7.3B8.0B8.1B9.9B11.4B8.3B
Net Tangible Assets67.5B69.7B73.5B79.1B91.0B65.9B
Other Assets3K1K4.2B104K93.6K88.9K
Long Term Debt23.0B18.3B17.3B21.1B19.0B22.9B
Short Long Term Debt20.9B39.5B29.5B34.8B40.0B31.5B
Property Plant Equipment79.0B77.1B76.4B76.6B88.1B83.6B
Long Term Debt Total26.1B25.3B20.5B13.3B12.0B20.3B
Capital Lease Obligations2.5B2.4B2.4B1.7B2.0B1.8B

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