Jindal Net Debt vs Current Deferred Revenue Analysis

JINDALSTEL

878.95 7.75 0.89%

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

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Steel Power Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Jindal Steel's Net Debt and Current Deferred Revenue is -0.14. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Jindal Steel Power, assuming nothing else is changed. The correlation between historical values of Jindal Steel's Net Debt and Current Deferred Revenue 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 Debt of Jindal Steel Power are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Jindal Steel's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

Most indicators from Jindal Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Steel Power 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 Steel Power. 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.

Selling General Administrative is likely to drop to about 929.3 M in 2024. Tax Provision is likely to drop to about 2.8 B in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	18.2B	14.5B	12.9B	19.7B
Depreciation And Amortization	21.0B	26.9B	28.2B	23.2B

Interest Expense Depreciation And Amortization

Jindal Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Good Will	Short Term Debt	Current Deferred Revenue	Retained Earnings
Total Assets		0.7	0.11	0.89	0.76	0.97	0.63	0.72	0.14	0.98	-0.24	0.16	0.32	-0.04	0.79	0.73	0.38	-0.29	0.9	0.64	0.78	0.83	0.71	0.55	0.18	0.39
Short Long Term Debt Total	0.7		-0.25	0.56	0.09	0.74	0.97	0.11	-0.34	0.77	-0.15	-0.3	0.36	-0.06	0.98	0.09	0.17	-0.28	0.92	0.12	0.69	0.42	0.83	0.89	-0.18	-0.31
Other Current Liab	0.11	-0.25		0.43	0.23	-0.03	-0.21	0.18	-0.08	-0.02	0.3	-0.12	0.28	-0.04	-0.24	0.41	0.69	0.04	-0.03	0.53	-0.06	0.31	0.0	-0.3	0.38	0.14
Total Current Liabilities	0.89	0.56	0.43		0.66	0.8	0.52	0.63	0.08	0.82	-0.04	0.07	0.51	-0.04	0.62	0.74	0.58	-0.32	0.81	0.77	0.58	0.85	0.69	0.44	0.32	0.26
Total Stockholder Equity	0.76	0.09	0.23	0.66		0.7	0.02	0.86	0.53	0.68	-0.21	0.54	0.1	-0.02	0.24	0.9	0.24	-0.11	0.41	0.71	0.48	0.78	0.17	-0.01	0.28	0.86
Property Plant And Equipment Net	0.97	0.74	-0.03	0.8	0.7		0.69	0.69	0.01	1.0	-0.36	0.04	0.34	-0.06	0.83	0.61	0.2	-0.36	0.9	0.44	0.71	0.73	0.7	0.6	0.14	0.34
Net Debt	0.63	0.97	-0.21	0.52	0.02	0.69		0.06	-0.5	0.72	-0.1	-0.46	0.38	-0.28	0.93	0.03	0.15	-0.32	0.88	0.05	0.63	0.35	0.85	0.89	-0.14	-0.39
Accounts Payable	0.72	0.11	0.18	0.63	0.86	0.69	0.06		0.43	0.66	-0.42	0.43	-0.01	0.05	0.3	0.85	0.25	-0.35	0.45	0.61	0.44	0.59	0.35	-0.08	0.54	0.71
Cash	0.14	-0.34	-0.08	0.08	0.53	0.01	-0.5	0.43		0.02	-0.01	0.98	-0.33	0.44	-0.24	0.49	0.05	0.26	-0.15	0.53	0.13	0.31	-0.28	-0.36	0.1	0.74
Non Current Assets Total	0.98	0.77	-0.02	0.82	0.68	1.0	0.72	0.66	0.02		-0.32	0.05	0.32	-0.06	0.86	0.6	0.25	-0.33	0.92	0.46	0.76	0.75	0.72	0.63	0.1	0.31
Non Currrent Assets Other	-0.24	-0.15	0.3	-0.04	-0.21	-0.36	-0.1	-0.42	-0.01	-0.32		0.06	0.21	-0.24	-0.26	-0.06	0.11	0.24	-0.21	0.16	-0.1	0.01	-0.11	-0.02	-0.18	-0.24
Cash And Short Term Investments	0.16	-0.3	-0.12	0.07	0.54	0.04	-0.46	0.43	0.98	0.05	0.06		-0.33	0.39	-0.2	0.5	0.0	0.23	-0.12	0.52	0.19	0.32	-0.26	-0.33	0.07	0.72
Net Receivables	0.32	0.36	0.28	0.51	0.1	0.34	0.38	-0.01	-0.33	0.32	0.21	-0.33		-0.04	0.29	0.22	-0.04	-0.38	0.4	0.17	-0.17	0.48	0.25	0.31	0.01	-0.26
Common Stock Shares Outstanding	-0.04	-0.06	-0.04	-0.04	-0.02	-0.06	-0.28	0.05	0.44	-0.06	-0.24	0.39	-0.04		-0.04	0.0	0.0	0.07	-0.04	0.03	-0.1	0.01	-0.28	-0.17	-0.12	0.15
Non Current Liabilities Total	0.79	0.98	-0.24	0.62	0.24	0.83	0.93	0.3	-0.24	0.86	-0.26	-0.2	0.29	-0.04		0.23	0.2	-0.33	0.96	0.2	0.76	0.48	0.86	0.83	-0.05	-0.15
Inventory	0.73	0.09	0.41	0.74	0.9	0.61	0.03	0.85	0.49	0.6	-0.06	0.5	0.22	0.0	0.23		0.37	-0.19	0.43	0.85	0.43	0.8	0.28	-0.09	0.37	0.69
Other Current Assets	0.38	0.17	0.69	0.58	0.24	0.2	0.15	0.25	0.05	0.25	0.11	0.0	-0.04	0.0	0.2	0.37		0.06	0.35	0.7	0.47	0.39	0.41	0.1	0.39	0.11
Other Stockholder Equity	-0.29	-0.28	0.04	-0.32	-0.11	-0.36	-0.32	-0.35	0.26	-0.33	0.24	0.23	-0.38	0.07	-0.33	-0.19	0.06		-0.35	-0.03	-0.01	-0.17	-0.36	-0.07	-0.33	0.1
Total Liab	0.9	0.92	-0.03	0.81	0.41	0.9	0.88	0.45	-0.15	0.92	-0.21	-0.12	0.4	-0.04	0.96	0.43	0.35	-0.35		0.42	0.77	0.66	0.88	0.77	0.08	-0.02
Total Current Assets	0.64	0.12	0.53	0.77	0.71	0.44	0.05	0.61	0.53	0.46	0.16	0.52	0.17	0.03	0.2	0.85	0.7	-0.03	0.42		0.49	0.78	0.35	-0.01	0.39	0.52
Intangible Assets	0.78	0.69	-0.06	0.58	0.48	0.71	0.63	0.44	0.13	0.76	-0.1	0.19	-0.17	-0.1	0.76	0.43	0.47	-0.01	0.77	0.49		0.53	0.67	0.59	-0.07	0.25
Common Stock	0.83	0.42	0.31	0.85	0.78	0.73	0.35	0.59	0.31	0.75	0.01	0.32	0.48	0.01	0.48	0.8	0.39	-0.17	0.66	0.78	0.53		0.39	0.24	0.11	0.41
Good Will	0.71	0.83	0.0	0.69	0.17	0.7	0.85	0.35	-0.28	0.72	-0.11	-0.26	0.25	-0.28	0.86	0.28	0.41	-0.36	0.88	0.35	0.67	0.39		0.71	0.29	-0.21
Short Term Debt	0.55	0.89	-0.3	0.44	-0.01	0.6	0.89	-0.08	-0.36	0.63	-0.02	-0.33	0.31	-0.17	0.83	-0.09	0.1	-0.07	0.77	-0.01	0.59	0.24	0.71		-0.29	-0.29
Current Deferred Revenue	0.18	-0.18	0.38	0.32	0.28	0.14	-0.14	0.54	0.1	0.1	-0.18	0.07	0.01	-0.12	-0.05	0.37	0.39	-0.33	0.08	0.39	-0.07	0.11	0.29	-0.29		0.24
Retained Earnings	0.39	-0.31	0.14	0.26	0.86	0.34	-0.39	0.71	0.74	0.31	-0.24	0.72	-0.26	0.15	-0.15	0.69	0.11	0.1	-0.02	0.52	0.25	0.41	-0.21	-0.29	0.24

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Jindal Steel Account Relationship Matchups

Jindal Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	897.4B	778.4B	766.4B	694.3B	787.2B	635.3B
Short Long Term Debt Total	379.3B	300.2B	135.0B	130.5B	164.7B	263.4B
Other Current Liab	52.8B	517.3M	128.3B	40.1B	46.1B	46.8B
Total Current Liabilities	232.4B	192.8B	227.0B	155.0B	160.1B	153.3B
Total Stockholder Equity	321.4B	318.1B	356.2B	387.1B	443.2B	241.1B
Property Plant And Equipment Net	691.9B	527.6B	439.8B	479.1B	564.2B	437.6B
Net Debt	374.0B	239.6B	100.0B	87.9B	124.5B	118.3B
Accounts Payable	55.7B	40.4B	52.5B	47.0B	46.8B	31.0B
Cash	5.3B	59.5B	35.0B	42.6B	40.2B	42.3B
Non Current Assets Total	737.5B	575.2B	500.3B	539.5B	609.8B	494.5B
Non Currrent Assets Other	(17.6B)	10.2B	13.5B	19.9B	(13.8B)	(13.1B)
Cash And Short Term Investments	7.8B	69.8B	38.7B	59.8B	44.8B	47.0B
Net Receivables	39.6B	28.0B	15.2B	12.7B	16.6B	22.4B
Common Stock Shares Outstanding	1.0B	1.0B	1.0B	1.0B	1.0B	1.1B
Liabilities And Stockholders Equity	897.4B	778.4B	766.4B	694.3B	787.2B	635.3B
Non Current Liabilities Total	351.4B	276.2B	168.5B	149.1B	179.5B	237.7B
Inventory	63.7B	59.4B	72.8B	58.9B	70.8B	44.2B
Other Current Assets	52.0B	35.4B	155.0B	34.5B	45.3B	59.9B
Other Stockholder Equity	13.8B	(210.8B)	19.6B	19.6B	35.9B	37.7B
Total Liab	583.8B	469.0B	395.5B	304.1B	339.6B	391.1B
Total Current Assets	159.9B	203.2B	266.1B	154.8B	177.3B	140.8B
Accumulated Other Comprehensive Income	(211.4B)	12.6B	12.5B	14.5B	(6.8B)	(7.2B)
Intangible Assets	27.0B	28.0B	36.0B	34.5B	32.8B	24.6B
Good Will	6.1B	5.0B	4.5B	554.1M	637.2M	605.4M
Short Term Debt	76.5B	90.9B	44.7B	52.6B	59.3B	66.7B
Current Deferred Revenue	80.5B	61.0B	129.3B	24.4B	7.9B	7.5B
Retained Earnings	229.7B	284.9B	323.1B	352.0B	413.1B	266.2B
Short Term Investments	2.5B	10.2B	3.7B	17.2B	6.7B	5.5B
Other Liab	58.3B	61.6B	66.9B	78.1B	89.9B	60.2B
Net Tangible Assets	289.2B	288.2B	285.2B	315.8B	363.2B	280.4B
Other Assets	11.0B	200K	900K	5.5B	5.0B	5.8B
Long Term Debt	279.0B	202.3B	84.3B	72.1B	100.6B	194.3B
Short Long Term Debt	89.3B	13.2B	44.3B	52.3B	58.4B	73.5B
Property Plant Equipment	691.9B	527.6B	439.8B	479.1B	431.2B	474.6B
Long Term Debt Total	289.8B	209.3B	90.3B	77.8B	70.0B	66.5B
Capital Lease Obligations	11.0B	6.0B	6.4B	6.1B	5.8B	4.9B
Non Current Liabilities Other	4.2M	6.1M	1.4M	100K	90K	85.5K

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Jindal Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Jindal Steel fundamental ratios Correlations

Jindal Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jindal Steel fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Property Plant And Equipment Net	+ 0.97	Total Assets
Net Debt	+ 0.97	Short Long Term Debt Total

Cash	- 0.5	Net Debt
Cash And Short Term Investments	- 0.46	Net Debt
Non Currrent Assets Other	- 0.42	Accounts Payable
Retained Earnings	- 0.39	Net Debt
Other Stockholder Equity	- 0.38	Net Receivables
Good Will	- 0.36	Other Stockholder Equity