Jindal Total Liab vs Other Current Liab Analysis

JINDALSAW   308.05  4.20  1.35%   
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 Liab and its Other Current Liab 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 Liab vs Other Current Liab

Total Liab vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Saw Limited Total Liab account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jindal Saw's Total Liab and Other Current Liab is 0.68. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Liab 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 Liab and Other Current Liab 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 Liab of Jindal Saw Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Liab i.e., Jindal Saw's Total Liab and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Current Liab

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

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