Kalyani Non Currrent Assets Other vs Non Current Assets Total Analysis

KSL Stock   902.35  78.35  9.51%   
Kalyani Steels financial indicator trend analysis is infinitely more than just investigating Kalyani Steels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kalyani Steels is a good investment. Please check the relationship between Kalyani Steels Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kalyani Steels 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 board of governors.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kalyani Steels Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kalyani Steels' Non Currrent Assets Other and Non Current Assets Total is -0.18. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Kalyani Steels Limited, assuming nothing else is changed. The correlation between historical values of Kalyani Steels' Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Kalyani Steels Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Kalyani Steels' Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Kalyani Steels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kalyani Steels 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kalyani Steels 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 board of governors.
As of December 2, 2024, Selling General Administrative is expected to decline to about 43.9 M. In addition to that, Tax Provision is expected to decline to about 713.8 M
 2021 2022 2023 2024 (projected)
Interest Expense112.7M281.0M258.1M271.0M
Depreciation And Amortization458.8M489.0M607.5M387.7M

Kalyani Steels fundamental ratios Correlations

0.620.320.980.850.610.00.850.490.40.87-0.360.840.50.660.540.86-0.180.850.220.160.830.97-0.390.560.26
0.620.420.640.720.850.590.73-0.06-0.090.650.010.550.40.350.750.530.190.680.36-0.050.750.55-0.170.95-0.19
0.320.420.350.280.430.280.29-0.24-0.080.50.10.160.110.220.420.150.030.22-0.07-0.030.350.2-0.220.37-0.05
0.980.640.350.810.630.070.810.450.330.89-0.210.770.580.610.590.8-0.130.860.160.120.870.93-0.440.580.28
0.850.720.280.810.840.111.00.440.330.74-0.420.890.360.740.690.76-0.360.690.190.00.620.83-0.340.750.17
0.610.850.430.630.840.510.840.07-0.090.74-0.10.540.420.60.920.4-0.130.580.17-0.170.580.5-0.30.88-0.17
0.00.590.280.070.110.510.12-0.61-0.850.280.34-0.240.36-0.020.5-0.250.260.30.250.230.23-0.140.010.62-0.28
0.850.730.290.811.00.840.120.440.320.75-0.430.890.350.730.690.75-0.350.690.20.00.620.82-0.330.760.15
0.49-0.06-0.240.450.440.07-0.610.440.710.15-0.480.640.140.43-0.10.57-0.160.34-0.040.070.340.61-0.27-0.150.45
0.4-0.09-0.080.330.33-0.09-0.850.320.710.07-0.410.65-0.180.25-0.140.65-0.20.07-0.07-0.320.20.52-0.13-0.150.22
0.870.650.50.890.740.740.280.750.150.07-0.180.560.590.670.760.56-0.180.720.180.020.750.73-0.340.650.04
-0.360.010.1-0.21-0.42-0.10.34-0.43-0.48-0.41-0.18-0.560.25-0.380.08-0.450.36-0.15-0.4-0.12-0.02-0.41-0.31-0.04-0.14
0.840.550.160.770.890.54-0.240.890.640.650.56-0.560.130.570.380.93-0.290.650.260.010.60.91-0.220.520.27
0.50.40.110.580.360.420.360.350.14-0.180.590.250.130.580.350.150.190.5-0.140.320.640.41-0.550.330.12
0.660.350.220.610.740.6-0.020.730.430.250.67-0.380.570.580.420.44-0.320.39-0.080.110.440.6-0.450.380.24
0.540.750.420.590.690.920.50.69-0.1-0.140.760.080.380.350.420.28-0.190.520.09-0.330.50.39-0.310.82-0.27
0.860.530.150.80.760.4-0.250.750.570.650.56-0.450.930.150.440.28-0.120.70.340.030.690.93-0.190.450.37
-0.180.190.03-0.13-0.36-0.130.26-0.35-0.16-0.2-0.180.36-0.290.19-0.32-0.19-0.120.110.10.080.37-0.16-0.01-0.06-0.38
0.850.680.220.860.690.580.30.690.340.070.72-0.150.650.50.390.520.70.110.310.390.860.84-0.40.560.16
0.220.36-0.070.160.190.170.250.2-0.04-0.070.18-0.40.26-0.14-0.080.090.340.10.310.010.20.220.70.38-0.01
0.16-0.05-0.030.120.0-0.170.230.00.07-0.320.02-0.120.010.320.11-0.330.030.080.390.010.130.22-0.21-0.140.36
0.830.750.350.870.620.580.230.620.340.20.75-0.020.60.640.440.50.690.370.860.20.130.79-0.420.560.05
0.970.550.20.930.830.5-0.140.820.610.520.73-0.410.910.410.60.390.93-0.160.840.220.220.79-0.380.460.34
-0.39-0.17-0.22-0.44-0.34-0.30.01-0.33-0.27-0.13-0.34-0.31-0.22-0.55-0.45-0.31-0.19-0.01-0.40.7-0.21-0.42-0.38-0.07-0.15
0.560.950.370.580.750.880.620.76-0.15-0.150.65-0.040.520.330.380.820.45-0.060.560.38-0.140.560.46-0.07-0.18
0.26-0.19-0.050.280.17-0.17-0.280.150.450.220.04-0.140.270.120.24-0.270.37-0.380.16-0.010.360.050.34-0.15-0.18
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Kalyani Steels Account Relationship Matchups

Kalyani Steels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.6B16.5B22.6B23.5B25.7B14.1B
Short Long Term Debt Total59.6M1.7B3.4B5.1B6.0B6.3B
Other Current Liab525.1M495.9M577.0M627.0M920.3M655.5M
Total Current Liabilities3.7B4.4B6.7B6.5B7.8B4.3B
Total Stockholder Equity9.6B11.5B13.7B14.9B16.8B17.6B
Property Plant And Equipment Net4.2B3.9B5.1B6.2B11.1B11.7B
Net Debt(3.6B)(4.5B)(6.3B)5.0B5.8B6.1B
Retained Earnings8.9B10.8B12.9B14.2B16.2B17.0B
Accounts Payable3.1B2.4B4.6B2.6B1.7B2.3B
Cash3.6B6.3B9.7B105.1M193.7M184.0M
Non Current Assets Total5.8B6.2B7.0B7.8B12.0B6.4B
Cash And Short Term Investments3.9B6.3B9.7B7.8B5.9B6.2B
Net Receivables2.6B2.5B3.2B4.0B4.2B3.3B
Short Term Investments327.7M6.3B9.8B7.7B5.7B2.9B
Liabilities And Stockholders Equity13.6B16.5B22.6B23.5B25.7B14.1B
Non Current Liabilities Total390.3M619.1M2.2B2.1B1.1B1.5B
Inventory1.3B1.2B2.2B3.2B2.9B1.6B
Other Current Assets31.5M351.1M488.6M931.9M778.5M437.1M
Other Stockholder Equity5.5B483.5M1.014.7B360.0K342.0K
Total Liab4.1B5.0B8.9B8.6B8.9B6.3B
Total Current Assets7.9B10.3B15.6B15.7B13.7B7.7B
Accumulated Other Comprehensive Income(5.0B)483.5M514.2M498.9M377.9M396.8M
Short Term Debt13.8M1.7B1.6B3.4B5.1B5.4B
Current Deferred Revenue13.8M326.9M443.0M466.8M18.4M17.5M
Intangible Assets12.2M8.0M4.2M3.2M2.6M2.5M
Other Liab511.4M453.2M386.4M326.7M294.0M279.3M
Net Tangible Assets8.9B9.6B11.5B13.7B15.7B8.9B
Other Assets102.7M847.6M397.6M16.4M1.00.95
Long Term Debt45.8M232.7M1.9B1.8B833.7M980.9M
Short Long Term Debt178.8M0.01.5B3.2B5.1B5.4B
Property Plant Equipment4.2B3.9B5.1B6.2B7.1B5.0B
Long Term Debt Total45.8M232.7M1.9B1.8B2.1B2.2B
Cash And Equivalents147.9M113.4M221.5M105.1M120.8M119.1M
Net Invested Capital9.7B13.3B17.1B20.0B22.8B15.9B

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Other Information on Investing in Kalyani Stock

Balance Sheet is a snapshot of the financial position of Kalyani Steels at a specified time, usually calculated after every quarter, six months, or one year. Kalyani Steels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kalyani Steels 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 Kalyani currently owns. An asset can also be divided into two categories, current and non-current.