JSW Other Current Liab vs Other Stockholder Equity 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 Other Current Liab and its Other Stockholder Equity 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.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JSW Steel Limited Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between JSW Steel's Other Current Liab and Other Stockholder Equity is 0.08. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity 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 Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of JSW Steel Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., JSW Steel's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Other Stockholder Equity

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 Profit650.8B454.0B430.2B222.8B
Total Revenue1.4T1.6T1.7T1.8T

JSW Steel fundamental ratios Correlations

0.980.991.00.960.91.00.610.720.530.990.970.65-0.321.00.98-0.520.570.50.860.90.620.270.750.92-0.73
0.980.960.990.990.850.990.60.690.590.990.930.6-0.310.990.95-0.610.590.40.850.850.620.30.750.86-0.74
0.990.960.980.930.910.990.60.690.460.980.980.66-0.320.980.98-0.470.550.530.830.930.580.250.760.95-0.71
1.00.990.980.980.881.00.610.690.581.00.960.64-0.31.00.97-0.560.560.470.850.880.60.260.760.89-0.72
0.960.990.930.980.780.970.590.640.630.980.910.58-0.280.970.92-0.660.590.350.830.810.580.250.770.82-0.71
0.90.850.910.880.780.890.490.810.310.880.860.62-0.430.890.9-0.270.450.560.810.920.70.440.530.91-0.74
1.00.990.991.00.970.890.630.680.560.990.960.66-0.290.990.96-0.540.540.50.840.890.590.240.750.9-0.7
0.610.60.60.610.590.490.630.10.30.590.650.910.160.60.55-0.44-0.080.750.390.520.45-0.410.260.52-0.06
0.720.690.690.690.640.810.680.10.320.70.660.25-0.550.730.78-0.270.620.210.870.670.790.710.510.69-0.84
0.530.590.460.580.630.310.560.30.320.550.420.180.090.570.45-0.610.42-0.020.570.150.210.040.570.2-0.32
0.990.990.981.00.980.880.990.590.70.550.950.63-0.280.990.96-0.570.560.450.840.890.590.290.760.9-0.73
0.970.930.980.960.910.860.960.650.660.420.950.7-0.270.960.98-0.440.520.580.810.910.60.160.740.95-0.67
0.650.60.660.640.580.620.660.910.250.180.630.70.060.630.61-0.27-0.190.870.430.640.48-0.330.260.66-0.1
-0.32-0.31-0.32-0.3-0.28-0.43-0.290.16-0.550.09-0.28-0.270.06-0.33-0.4-0.04-0.570.08-0.42-0.34-0.43-0.57-0.24-0.410.52
1.00.990.981.00.970.890.990.60.730.570.990.960.63-0.330.98-0.540.580.470.870.880.640.290.750.9-0.74
0.980.950.980.970.920.90.960.550.780.450.960.980.61-0.40.98-0.450.610.490.880.90.680.330.740.94-0.77
-0.52-0.61-0.47-0.56-0.66-0.27-0.54-0.44-0.27-0.61-0.57-0.44-0.27-0.04-0.54-0.45-0.430.14-0.52-0.32-0.33-0.15-0.55-0.250.33
0.570.590.550.560.590.450.54-0.080.620.420.560.52-0.19-0.570.580.61-0.43-0.290.670.450.390.630.690.48-0.81
0.50.40.530.470.350.560.50.750.21-0.020.450.580.870.080.470.490.14-0.290.30.550.37-0.390.120.59-0.04
0.860.850.830.850.830.810.840.390.870.570.840.810.43-0.420.870.88-0.520.670.30.720.780.460.760.76-0.79
0.90.850.930.880.810.920.890.520.670.150.890.910.64-0.340.880.9-0.320.450.550.720.570.350.610.97-0.7
0.620.620.580.60.580.70.590.450.790.210.590.60.48-0.430.640.68-0.330.390.370.780.570.460.240.6-0.65
0.270.30.250.260.250.440.24-0.410.710.040.290.16-0.33-0.570.290.33-0.150.63-0.390.460.350.460.180.28-0.72
0.750.750.760.760.770.530.750.260.510.570.760.740.26-0.240.750.74-0.550.690.120.760.610.240.180.65-0.57
0.920.860.950.890.820.910.90.520.690.20.90.950.66-0.410.90.94-0.250.480.590.760.970.60.280.65-0.72
-0.73-0.74-0.71-0.72-0.71-0.74-0.7-0.06-0.84-0.32-0.73-0.67-0.10.52-0.74-0.770.33-0.81-0.04-0.79-0.7-0.65-0.72-0.57-0.72
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JSW Steel Account Relationship Matchups

JSW Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.5T2.0T2.1T2.3T2.4T
Short Long Term Debt Total614.2B623.9B722.4B808.5B879.8B923.8B
Total Stockholder Equity366.0B467.6B673.0B657.0B776.7B815.5B
Property Plant And Equipment Net880.9B951.1B1.1T1.2T1.4T1.5T
Net Debt574.3B504.2B634.0B654.3B756.4B794.2B
Cash39.7B119.4B88.1B154.2B123.5B129.7B
Non Current Assets Total952.5B1.1T1.3T1.4T1.6T1.7T
Non Currrent Assets Other43.6B49.0B560M110.6B134.1B140.8B
Cash And Short Term Investments123.6B128.7B163.6B224.2B96.7B52.5B
Liabilities And Stockholders Equity1.3T1.5T2.0T2.1T2.3T2.4T
Non Current Liabilities Total521.1B588.7B704.0B740.8B823.6B864.7B
Inventory138.6B142.5B337.9B331.4B378.2B397.1B
Other Current Assets780M1.3B180M144.9B168.3B176.7B
Other Stockholder Equity(267.5B)65.7B54.2B54.8B77.8B107.2B
Total Liab958.0B1.0T1.3T1.4T1.5T1.6T
Total Current Assets365.7B358.5B653.7B681.5B645.3B677.6B
Accumulated Other Comprehensive Income(185.6B)158.5B189.6B173.5B194.4B204.1B
Net Receivables102.7B86.1B152.1B71.3B75.5B58.4B
Other Current Liab4.4B8.7B25.0B124.3B127.7B134.1B
Total Current Liabilities436.9B433.0B575.5B699.6B660.7B342.2B
Intangible Assets6.8B17.8B20.6B20.9B25.4B26.7B
Short Term Debt150.1B107.2B127.3B430.3B185.7B123.2B
Current Deferred Revenue92.5B152.6B104.6B100.1B10.1B9.5B
Accounts Payable190B164.5B318.7B131.6B333.7B173.5B
Retained Earnings165.6B240.4B426.2B426.3B502.1B527.2B
Good Will4.2B3.4B1.2B1.3B6.4B6.6B
Short Term Investments84.0B9.2B75.5B70.0B16.4B25.7B
Other Liab89.1B55.6B71.5B108.8B125.1B131.4B
Net Tangible Assets334.1B355B446.5B651.2B748.8B786.3B
Other Assets50.3B66.7B95.5B14.7B16.9B16.0B
Long Term Debt446.7B497.3B579.3B619.7B673.5B465.6B
Short Long Term Debt174.1B20.0B120.5B168.8B182.2B107.3B
Property Plant Equipment879.5B951.1B1.1T1.2T1.4T874.4B
Long Term Debt Total464.2B516.7B595.1B635.6B730.9B483.2B
Capital Lease Obligations20.5B23.4B22.6B20.1B24.1B22.8B

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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.