JSW Common Stock vs Total Assets Analysis

JSWSTEEL

977.35 33.20 3.52%

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

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JSW Steel Limited Common Stock account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between JSW Steel's Common Stock and Total Assets is -0.52. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of JSW Steel Limited, assuming nothing else is changed. The correlation between historical values of JSW Steel's Common Stock 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 Common Stock of JSW Steel Limited 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 Common Stock i.e., JSW Steel's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Common Stock

Total Assets

Total assets refers to the total amount of JSW 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 JSW Steel Limited 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 JSW Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSW Steel 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 JSW Steel 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 estimate.

As of November 25, 2024, Selling General Administrative is expected to decline to about 3.5 B. In addition to that, Tax Provision is expected to decline to about 30.8 B

	2021	2022	2023	2024 (projected)
Gross Profit	650.8B	454.0B	430.2B	222.8B
Total Revenue	1.4T	1.6T	1.7T	1.8T

Gross Profit Total Revenue

JSW Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Other Current Liab	Total Current Liabilities	Intangible Assets	Short Term Debt	Current Deferred Revenue	Accounts Payable	Retained Earnings	Good Will
Total Assets		0.98	0.99	1.0	0.96	0.9	1.0	0.61	0.72	0.53	0.99	0.97	0.65	-0.32	1.0	0.98	-0.52	0.57	0.5	0.86	0.9	0.62	0.27	0.75	0.92	-0.73
Short Long Term Debt Total	0.98		0.96	0.99	0.99	0.85	0.99	0.6	0.69	0.59	0.99	0.93	0.6	-0.31	0.99	0.95	-0.61	0.59	0.4	0.85	0.85	0.62	0.3	0.75	0.86	-0.74
Total Stockholder Equity	0.99	0.96		0.98	0.93	0.91	0.99	0.6	0.69	0.46	0.98	0.98	0.66	-0.32	0.98	0.98	-0.47	0.55	0.53	0.83	0.93	0.58	0.25	0.76	0.95	-0.71
Property Plant And Equipment Net	1.0	0.99	0.98		0.98	0.88	1.0	0.61	0.69	0.58	1.0	0.96	0.64	-0.3	1.0	0.97	-0.56	0.56	0.47	0.85	0.88	0.6	0.26	0.76	0.89	-0.72
Net Debt	0.96	0.99	0.93	0.98		0.78	0.97	0.59	0.64	0.63	0.98	0.91	0.58	-0.28	0.97	0.92	-0.66	0.59	0.35	0.83	0.81	0.58	0.25	0.77	0.82	-0.71
Cash	0.9	0.85	0.91	0.88	0.78		0.89	0.49	0.81	0.31	0.88	0.86	0.62	-0.43	0.89	0.9	-0.27	0.45	0.56	0.81	0.92	0.7	0.44	0.53	0.91	-0.74
Non Current Assets Total	1.0	0.99	0.99	1.0	0.97	0.89		0.63	0.68	0.56	0.99	0.96	0.66	-0.29	0.99	0.96	-0.54	0.54	0.5	0.84	0.89	0.59	0.24	0.75	0.9	-0.7
Non Currrent Assets Other	0.61	0.6	0.6	0.61	0.59	0.49	0.63		0.1	0.3	0.59	0.65	0.91	0.16	0.6	0.55	-0.44	-0.08	0.75	0.39	0.52	0.45	-0.41	0.26	0.52	-0.06
Cash And Short Term Investments	0.72	0.69	0.69	0.69	0.64	0.81	0.68	0.1		0.32	0.7	0.66	0.25	-0.55	0.73	0.78	-0.27	0.62	0.21	0.87	0.67	0.79	0.71	0.51	0.69	-0.84
Common Stock Shares Outstanding	0.53	0.59	0.46	0.58	0.63	0.31	0.56	0.3	0.32		0.55	0.42	0.18	0.09	0.57	0.45	-0.61	0.42	-0.02	0.57	0.15	0.21	0.04	0.57	0.2	-0.32
Non Current Liabilities Total	0.99	0.99	0.98	1.0	0.98	0.88	0.99	0.59	0.7	0.55		0.95	0.63	-0.28	0.99	0.96	-0.57	0.56	0.45	0.84	0.89	0.59	0.29	0.76	0.9	-0.73
Inventory	0.97	0.93	0.98	0.96	0.91	0.86	0.96	0.65	0.66	0.42	0.95		0.7	-0.27	0.96	0.98	-0.44	0.52	0.58	0.81	0.91	0.6	0.16	0.74	0.95	-0.67
Other Current Assets	0.65	0.6	0.66	0.64	0.58	0.62	0.66	0.91	0.25	0.18	0.63	0.7		0.06	0.63	0.61	-0.27	-0.19	0.87	0.43	0.64	0.48	-0.33	0.26	0.66	-0.1
Other Stockholder Equity	-0.32	-0.31	-0.32	-0.3	-0.28	-0.43	-0.29	0.16	-0.55	0.09	-0.28	-0.27	0.06		-0.33	-0.4	-0.04	-0.57	0.08	-0.42	-0.34	-0.43	-0.57	-0.24	-0.41	0.52
Total Liab	1.0	0.99	0.98	1.0	0.97	0.89	0.99	0.6	0.73	0.57	0.99	0.96	0.63	-0.33		0.98	-0.54	0.58	0.47	0.87	0.88	0.64	0.29	0.75	0.9	-0.74
Total Current Assets	0.98	0.95	0.98	0.97	0.92	0.9	0.96	0.55	0.78	0.45	0.96	0.98	0.61	-0.4	0.98		-0.45	0.61	0.49	0.88	0.9	0.68	0.33	0.74	0.94	-0.77
Common Stock	-0.52	-0.61	-0.47	-0.56	-0.66	-0.27	-0.54	-0.44	-0.27	-0.61	-0.57	-0.44	-0.27	-0.04	-0.54	-0.45		-0.43	0.14	-0.52	-0.32	-0.33	-0.15	-0.55	-0.25	0.33
Net Receivables	0.57	0.59	0.55	0.56	0.59	0.45	0.54	-0.08	0.62	0.42	0.56	0.52	-0.19	-0.57	0.58	0.61	-0.43		-0.29	0.67	0.45	0.39	0.63	0.69	0.48	-0.81
Other Current Liab	0.5	0.4	0.53	0.47	0.35	0.56	0.5	0.75	0.21	-0.02	0.45	0.58	0.87	0.08	0.47	0.49	0.14	-0.29		0.3	0.55	0.37	-0.39	0.12	0.59	-0.04
Total Current Liabilities	0.86	0.85	0.83	0.85	0.83	0.81	0.84	0.39	0.87	0.57	0.84	0.81	0.43	-0.42	0.87	0.88	-0.52	0.67	0.3		0.72	0.78	0.46	0.76	0.76	-0.79
Intangible Assets	0.9	0.85	0.93	0.88	0.81	0.92	0.89	0.52	0.67	0.15	0.89	0.91	0.64	-0.34	0.88	0.9	-0.32	0.45	0.55	0.72		0.57	0.35	0.61	0.97	-0.7
Short Term Debt	0.62	0.62	0.58	0.6	0.58	0.7	0.59	0.45	0.79	0.21	0.59	0.6	0.48	-0.43	0.64	0.68	-0.33	0.39	0.37	0.78	0.57		0.46	0.24	0.6	-0.65
Current Deferred Revenue	0.27	0.3	0.25	0.26	0.25	0.44	0.24	-0.41	0.71	0.04	0.29	0.16	-0.33	-0.57	0.29	0.33	-0.15	0.63	-0.39	0.46	0.35	0.46		0.18	0.28	-0.72
Accounts Payable	0.75	0.75	0.76	0.76	0.77	0.53	0.75	0.26	0.51	0.57	0.76	0.74	0.26	-0.24	0.75	0.74	-0.55	0.69	0.12	0.76	0.61	0.24	0.18		0.65	-0.57
Retained Earnings	0.92	0.86	0.95	0.89	0.82	0.91	0.9	0.52	0.69	0.2	0.9	0.95	0.66	-0.41	0.9	0.94	-0.25	0.48	0.59	0.76	0.97	0.6	0.28	0.65		-0.72
Good Will	-0.73	-0.74	-0.71	-0.72	-0.71	-0.74	-0.7	-0.06	-0.84	-0.32	-0.73	-0.67	-0.1	0.52	-0.74	-0.77	0.33	-0.81	-0.04	-0.79	-0.7	-0.65	-0.72	-0.57	-0.72

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JSW Steel Account Relationship Matchups

JSW Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3T	1.5T	2.0T	2.1T	2.3T	2.4T
Short Long Term Debt Total	614.2B	623.9B	722.4B	808.5B	879.8B	923.8B
Total Stockholder Equity	366.0B	467.6B	673.0B	657.0B	776.7B	815.5B
Property Plant And Equipment Net	880.9B	951.1B	1.1T	1.2T	1.4T	1.5T
Net Debt	574.3B	504.2B	634.0B	654.3B	756.4B	794.2B
Cash	39.7B	119.4B	88.1B	154.2B	123.5B	129.7B
Non Current Assets Total	952.5B	1.1T	1.3T	1.4T	1.6T	1.7T
Non Currrent Assets Other	43.6B	49.0B	560M	110.6B	134.1B	140.8B
Cash And Short Term Investments	123.6B	128.7B	163.6B	224.2B	96.7B	52.5B
Liabilities And Stockholders Equity	1.3T	1.5T	2.0T	2.1T	2.3T	2.4T
Non Current Liabilities Total	521.1B	588.7B	704.0B	740.8B	823.6B	864.7B
Inventory	138.6B	142.5B	337.9B	331.4B	378.2B	397.1B
Other Current Assets	780M	1.3B	180M	144.9B	168.3B	176.7B
Other Stockholder Equity	(267.5B)	65.7B	54.2B	54.8B	77.8B	107.2B
Total Liab	958.0B	1.0T	1.3T	1.4T	1.5T	1.6T
Total Current Assets	365.7B	358.5B	653.7B	681.5B	645.3B	677.6B
Accumulated Other Comprehensive Income	(185.6B)	158.5B	189.6B	173.5B	194.4B	204.1B
Net Receivables	102.7B	86.1B	152.1B	71.3B	75.5B	58.4B
Other Current Liab	4.4B	8.7B	25.0B	124.3B	127.7B	134.1B
Total Current Liabilities	436.9B	433.0B	575.5B	699.6B	660.7B	342.2B
Intangible Assets	6.8B	17.8B	20.6B	20.9B	25.4B	26.7B
Short Term Debt	150.1B	107.2B	127.3B	430.3B	185.7B	123.2B
Current Deferred Revenue	92.5B	152.6B	104.6B	100.1B	10.1B	9.5B
Accounts Payable	190B	164.5B	318.7B	131.6B	333.7B	173.5B
Retained Earnings	165.6B	240.4B	426.2B	426.3B	502.1B	527.2B
Good Will	4.2B	3.4B	1.2B	1.3B	6.4B	6.6B
Short Term Investments	84.0B	9.2B	75.5B	70.0B	16.4B	25.7B
Other Liab	89.1B	55.6B	71.5B	108.8B	125.1B	131.4B
Net Tangible Assets	334.1B	355B	446.5B	651.2B	748.8B	786.3B
Other Assets	50.3B	66.7B	95.5B	14.7B	16.9B	16.0B
Long Term Debt	446.7B	497.3B	579.3B	619.7B	673.5B	465.6B
Short Long Term Debt	174.1B	20.0B	120.5B	168.8B	182.2B	107.3B
Property Plant Equipment	879.5B	951.1B	1.1T	1.2T	1.4T	874.4B
Long Term Debt Total	464.2B	516.7B	595.1B	635.6B	730.9B	483.2B
Capital Lease Obligations	20.5B	23.4B	22.6B	20.1B	24.1B	22.8B

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Other Information on Investing in JSW Stock

Balance Sheet is a snapshot of the financial position of JSW Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. JSW Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JSW Steel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which JSW currently owns. An asset can also be divided into two categories, current and non-current.

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JSW Common Stock vs Total Assets Analysis

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Assets

JSW Steel fundamental ratios Correlations

JSW Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JSW Steel fundamental ratios Accounts

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Other Information on Investing in JSW Stock

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Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net

Good Will	- 0.84	Cash And Short Term Investments
Good Will	- 0.81	Net Receivables
Good Will	- 0.79	Total Current Liabilities
Good Will	- 0.77	Total Current Assets
Good Will	- 0.74	Total Liab
Good Will	- 0.74	Cash