Jindal Total Revenue vs Total Assets Analysis

JINDALSTEL   906.45  9.45  1.05%   
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 Total Revenue and its Total Assets 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.

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Steel Power Total Revenue account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jindal Steel's Total Revenue and Total Assets is 0.58. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue and Total Assets 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 Revenue of Jindal Steel Power are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Jindal Steel's Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Jindal Steel Power generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Assets

Total assets refers to the total amount of Jindal Steel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jindal Steel Power books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expense18.2B14.5B12.9B19.7B
Depreciation And Amortization21.0B26.9B28.2B23.2B

Jindal Steel fundamental ratios Correlations

0.70.110.890.760.970.640.720.150.98-0.230.160.32-0.040.790.730.38-0.30.90.640.780.830.710.550.180.39
0.7-0.250.560.090.750.990.11-0.330.77-0.3-0.30.36-0.060.980.090.17-0.250.920.120.690.420.830.89-0.18-0.31
0.11-0.250.430.23-0.03-0.220.18-0.08-0.020.28-0.120.28-0.04-0.240.410.690.04-0.030.53-0.060.310.0-0.30.380.13
0.890.560.430.660.810.520.630.10.82-0.130.070.51-0.040.620.740.58-0.30.810.770.580.850.690.440.320.25
0.760.090.230.660.690.010.860.520.68-0.020.540.1-0.020.240.90.24-0.170.410.710.480.780.17-0.010.280.86
0.970.75-0.030.810.690.710.680.011.0-0.360.030.35-0.060.840.60.21-0.370.910.440.710.730.710.610.150.31
0.640.99-0.220.520.010.710.05-0.440.73-0.31-0.40.38-0.070.960.020.15-0.260.890.040.640.350.810.89-0.2-0.38
0.720.110.180.630.860.680.050.430.66-0.330.43-0.010.050.30.850.25-0.390.450.610.440.590.35-0.080.540.7
0.15-0.33-0.080.10.520.01-0.440.430.020.280.98-0.320.37-0.230.490.060.18-0.130.550.140.32-0.23-0.340.150.7
0.980.77-0.020.820.681.00.730.660.02-0.320.050.32-0.060.860.60.25-0.340.920.460.760.750.720.630.10.31
-0.23-0.30.28-0.13-0.02-0.36-0.31-0.330.28-0.320.340.080.21-0.380.070.040.33-0.330.19-0.120.05-0.44-0.21-0.410.11
0.16-0.3-0.120.070.540.03-0.40.430.980.050.34-0.330.39-0.20.50.00.16-0.120.520.190.32-0.26-0.330.070.71
0.320.360.280.510.10.350.38-0.01-0.320.320.08-0.33-0.040.290.22-0.04-0.360.40.17-0.170.480.250.310.01-0.26
-0.04-0.06-0.04-0.04-0.02-0.06-0.070.050.37-0.060.210.39-0.04-0.040.00.0-0.05-0.040.03-0.10.01-0.28-0.17-0.120.14
0.790.98-0.240.620.240.840.960.3-0.230.86-0.38-0.20.29-0.040.230.2-0.30.960.20.760.480.860.83-0.05-0.15
0.730.090.410.740.90.60.020.850.490.60.070.50.220.00.230.37-0.240.430.850.430.80.28-0.090.370.68
0.380.170.690.580.240.210.150.250.060.250.040.0-0.040.00.20.370.080.350.70.470.390.410.10.390.1
-0.3-0.250.04-0.3-0.17-0.37-0.26-0.390.18-0.340.330.16-0.36-0.05-0.3-0.240.08-0.33-0.04-0.01-0.19-0.27-0.02-0.270.01
0.90.92-0.030.810.410.910.890.45-0.130.92-0.33-0.120.4-0.040.960.430.35-0.330.420.770.660.880.770.08-0.02
0.640.120.530.770.710.440.040.610.550.460.190.520.170.030.20.850.7-0.040.420.490.780.35-0.010.390.51
0.780.69-0.060.580.480.710.640.440.140.76-0.120.19-0.17-0.10.760.430.47-0.010.770.490.530.670.59-0.070.24
0.830.420.310.850.780.730.350.590.320.750.050.320.480.010.480.80.39-0.190.660.780.530.390.240.110.41
0.710.830.00.690.170.710.810.35-0.230.72-0.44-0.260.25-0.280.860.280.41-0.270.880.350.670.390.710.29-0.22
0.550.89-0.30.44-0.010.610.89-0.08-0.340.63-0.21-0.330.31-0.170.83-0.090.1-0.020.77-0.010.590.240.71-0.29-0.3
0.18-0.180.380.320.280.15-0.20.540.150.1-0.410.070.01-0.12-0.050.370.39-0.270.080.39-0.070.110.29-0.290.22
0.39-0.310.130.250.860.31-0.380.70.70.310.110.71-0.260.14-0.150.680.10.01-0.020.510.240.41-0.22-0.30.22
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Jindal Steel Account Relationship Matchups

Jindal Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets897.4B778.4B766.4B694.3B787.2B635.3B
Short Long Term Debt Total379.3B300.2B135.0B130.5B164.7B263.4B
Other Current Liab52.8B517.3M128.3B40.1B46.1B46.8B
Total Current Liabilities232.4B192.8B227.0B155.0B160.1B153.3B
Total Stockholder Equity321.4B318.1B356.2B387.1B443.2B241.1B
Property Plant And Equipment Net691.9B527.6B439.8B479.1B546.6B436.6B
Net Debt374.0B239.6B100.0B87.9B131.7B249.8B
Accounts Payable55.7B40.4B52.5B47.0B46.8B31.0B
Cash5.3B59.5B35.0B42.6B33.1B34.7B
Non Current Assets Total737.5B575.2B500.3B539.5B609.8B494.5B
Non Currrent Assets Other(17.6B)10.2B13.5B19.9B30.7B32.2B
Cash And Short Term Investments7.8B69.8B38.7B59.8B44.8B47.0B
Net Receivables39.6B28.0B15.2B12.7B16.6B22.4B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.0B1.1B
Liabilities And Stockholders Equity897.4B778.4B766.4B694.3B787.2B635.3B
Non Current Liabilities Total351.4B276.2B168.5B149.1B179.5B237.7B
Inventory63.7B59.4B72.8B58.9B70.8B44.2B
Other Current Assets52.0B35.4B155.0B34.5B45.3B59.9B
Other Stockholder Equity13.8B(210.8B)19.6B19.6B3.3B5.7B
Total Liab583.8B469.0B395.5B304.1B339.6B391.1B
Total Current Assets159.9B203.2B266.1B154.8B177.3B140.8B
Accumulated Other Comprehensive Income(211.4B)12.6B12.5B14.5B9.4B9.9B
Intangible Assets27.0B28.0B36.0B34.5B32.8B24.6B
Good Will6.1B5.0B4.5B554.1M637.2M605.4M
Short Term Debt76.5B90.9B44.7B52.6B59.3B66.7B
Current Deferred Revenue80.5B61.0B129.3B24.4B7.9B7.5B
Retained Earnings229.7B284.9B323.1B352.0B429.4B267.6B
Short Term Investments2.5B10.2B3.7B17.2B15.5B16.3B
Other Liab58.3B61.6B66.9B78.1B89.9B60.2B
Net Tangible Assets289.2B288.2B285.2B315.8B363.2B280.4B
Other Assets11.0B200K900K5.5B5.0B5.8B
Long Term Debt279.0B202.3B84.3B72.1B100.6B194.3B
Short Long Term Debt89.3B13.2B44.3B52.3B58.4B73.5B
Property Plant Equipment691.9B527.6B439.8B479.1B431.2B474.6B
Long Term Debt Total289.8B209.3B90.3B77.8B70.0B66.5B
Capital Lease Obligations11.0B6.0B6.4B6.1B5.8B4.9B
Non Current Liabilities Other4.2M6.1M1.4M100K90K85.5K

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