Jindal Total Current Assets vs Non Currrent Assets Other 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 Total Current Assets and its Non Currrent Assets Other 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.

Total Current Assets vs Non Currrent Assets Other

Total Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Saw Limited Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jindal Saw's Total Current Assets and Non Currrent Assets Other is 0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Jindal Saw Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Jindal Saw's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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