Manaksia Current Deferred Revenue vs Property Plant And Equipment Net Analysis

MANAKSTEEL

61.17 1.94 3.28%

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

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manaksia Steels Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Manaksia Steels' Current Deferred Revenue and Property Plant And Equipment Net is -0.23. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Manaksia Steels Limited, assuming nothing else is changed. The correlation between historical values of Manaksia Steels' Current Deferred Revenue and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Manaksia Steels Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Current Deferred Revenue i.e., Manaksia Steels' Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Manaksia Steels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manaksia 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 Manaksia 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 industry.

Selling General Administrative is likely to drop to about 8.2 M in 2024. Tax Provision is likely to drop to about 74.1 M in 2024

	2021	2022	2023	2024 (projected)
Total Operating Expenses	967.3M	1.1B	208.5M	198.1M
Cost Of Revenue	4.7B	6.2B	5.8B	4.1B

Total Operating Expenses Cost Of Revenue

Manaksia Steels fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Other Liab	Net Tangible Assets
Total Assets		0.52	0.9	0.95	0.54	0.68	0.39	0.71	0.67	0.86	0.09	0.91	0.96	0.77	-0.12	0.5	0.11	0.54	0.24	-0.42	-0.41	0.01	-0.63	-0.13	-0.6	0.69
Other Current Liab	0.52		0.35	0.58	-0.01	0.32	0.2	0.41	0.31	0.45	-0.21	0.35	0.36	0.43	-0.3	0.38	-0.02	0.68	0.5	-0.69	-0.36	0.13	-0.26	-0.31	-0.41	0.54
Total Current Liabilities	0.9	0.35		0.71	0.6	0.52	0.61	0.74	0.52	0.68	-0.05	1.0	0.91	0.56	0.04	0.53	-0.21	0.37	0.12	-0.15	-0.45	0.18	-0.53	0.04	-0.69	0.42
Total Stockholder Equity	0.95	0.58	0.71		0.43	0.71	0.19	0.6	0.69	0.88	0.17	0.72	0.87	0.84	-0.23	0.42	0.32	0.61	0.3	-0.56	-0.34	-0.11	-0.64	-0.23	-0.47	0.81
Net Debt	0.54	-0.01	0.6	0.43		0.79	-0.15	0.31	0.72	0.28	0.28	0.61	0.59	0.19	0.71	0.27	-0.09	0.22	0.03	-0.26	0.22	0.25	-0.19	0.71	-0.2	0.39
Retained Earnings	0.68	0.32	0.52	0.71	0.79		-0.15	0.33	0.89	0.5	0.07	0.53	0.64	0.47	0.4	0.5	0.16	0.5	0.12	-0.64	0.13	0.16	-0.42	0.4	-0.26	0.75
Accounts Payable	0.39	0.2	0.61	0.19	-0.15	-0.15		0.54	-0.07	0.37	-0.53	0.59	0.42	0.3	-0.4	0.45	-0.39	0.05	-0.08	0.31	-0.76	0.09	-0.41	-0.4	-0.73	-0.12
Cash	0.71	0.41	0.74	0.6	0.31	0.33	0.54		0.37	0.8	-0.01	0.74	0.72	0.75	-0.19	0.28	-0.45	0.19	-0.09	-0.06	-0.6	-0.3	-0.27	-0.19	-0.57	0.21
Cash And Short Term Investments	0.67	0.31	0.52	0.69	0.72	0.89	-0.07	0.37		0.5	0.11	0.53	0.68	0.52	0.39	0.47	0.14	0.39	0.05	-0.49	0.05	0.21	-0.41	0.39	-0.36	0.74
Common Stock Shares Outstanding	0.86	0.45	0.68	0.88	0.28	0.5	0.37	0.8	0.5		0.21	0.69	0.8	0.96	-0.42	0.23	0.13	0.39	0.17	-0.26	-0.62	-0.45	-0.62	-0.42	-0.55	0.48
Other Stockholder Equity	0.09	-0.21	-0.05	0.17	0.28	0.07	-0.53	-0.01	0.11	0.21		-0.03	0.17	0.17	0.05	-0.73	0.46	-0.3	-0.09	0.13	0.23	-0.4	0.18	0.05	0.38	0.0
Total Liab	0.91	0.35	1.0	0.72	0.61	0.53	0.59	0.74	0.53	0.69	-0.03		0.92	0.57	0.04	0.52	-0.19	0.37	0.12	-0.17	-0.44	0.16	-0.53	0.04	-0.67	0.43
Total Current Assets	0.96	0.36	0.91	0.87	0.59	0.64	0.42	0.72	0.68	0.8	0.17	0.92		0.7	-0.05	0.39	0.08	0.3	-0.01	-0.22	-0.35	0.05	-0.5	-0.05	-0.54	0.59
Common Stock	0.77	0.43	0.56	0.84	0.19	0.47	0.3	0.75	0.52	0.96	0.17	0.57	0.7		-0.4	0.27	0.13	0.42	0.17	-0.29	-0.61	-0.43	-0.65	-0.4	-0.56	0.54
Short Long Term Debt Total	-0.12	-0.3	0.04	-0.23	0.71	0.4	-0.4	-0.19	0.39	-0.42	0.05	0.04	-0.05	-0.4		0.14	-0.29	-0.05	-0.12	-0.07	0.58	0.54	0.24	1.0	0.11	0.05
Property Plant And Equipment Net	0.5	0.38	0.53	0.42	0.27	0.5	0.45	0.28	0.47	0.23	-0.73	0.52	0.39	0.27	0.14		-0.23	0.69	0.3	-0.49	-0.23	0.49	-0.59	0.14	-0.61	0.58
Current Deferred Revenue	0.11	-0.02	-0.21	0.32	-0.09	0.16	-0.39	-0.45	0.14	0.13	0.46	-0.19	0.08	0.13	-0.29	-0.23		0.11	0.16	-0.19	0.16	-0.11	-0.29	-0.29	0.23	0.41
Non Current Assets Total	0.54	0.68	0.37	0.61	0.22	0.5	0.05	0.19	0.39	0.39	-0.3	0.37	0.3	0.42	-0.05	0.69	0.11		0.8	-0.82	-0.23	0.19	-0.64	-0.05	-0.45	0.72
Non Currrent Assets Other	0.24	0.5	0.12	0.3	0.03	0.12	-0.08	-0.09	0.05	0.17	-0.09	0.12	-0.01	0.17	-0.12	0.3	0.16	0.8		-0.62	-0.14	0.07	-0.49	-0.13	-0.21	0.34
Net Receivables	-0.42	-0.69	-0.15	-0.56	-0.26	-0.64	0.31	-0.06	-0.49	-0.26	0.13	-0.17	-0.22	-0.29	-0.07	-0.49	-0.19	-0.82	-0.62		-0.2	-0.21	0.3	-0.07	0.04	-0.77
Non Current Liabilities Total	-0.41	-0.36	-0.45	-0.34	0.22	0.13	-0.76	-0.6	0.05	-0.62	0.23	-0.44	-0.35	-0.61	0.58	-0.23	0.16	-0.23	-0.14	-0.2		0.29	0.57	0.58	0.81	0.03
Inventory	0.01	0.13	0.18	-0.11	0.25	0.16	0.09	-0.3	0.21	-0.45	-0.4	0.16	0.05	-0.43	0.54	0.49	-0.11	0.19	0.07	-0.21	0.29		-0.03	0.53	-0.2	0.27
Other Current Assets	-0.63	-0.26	-0.53	-0.64	-0.19	-0.42	-0.41	-0.27	-0.41	-0.62	0.18	-0.53	-0.5	-0.65	0.24	-0.59	-0.29	-0.64	-0.49	0.3	0.57	-0.03		0.24	0.73	-0.53
Short Term Debt	-0.13	-0.31	0.04	-0.23	0.71	0.4	-0.4	-0.19	0.39	-0.42	0.05	0.04	-0.05	-0.4	1.0	0.14	-0.29	-0.05	-0.13	-0.07	0.58	0.53	0.24		0.12	0.05
Other Liab	-0.6	-0.41	-0.69	-0.47	-0.2	-0.26	-0.73	-0.57	-0.36	-0.55	0.38	-0.67	-0.54	-0.56	0.11	-0.61	0.23	-0.45	-0.21	0.04	0.81	-0.2	0.73	0.12		-0.29
Net Tangible Assets	0.69	0.54	0.42	0.81	0.39	0.75	-0.12	0.21	0.74	0.48	0.0	0.43	0.59	0.54	0.05	0.58	0.41	0.72	0.34	-0.77	0.03	0.27	-0.53	0.05	-0.29

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Manaksia Steels Account Relationship Matchups

Manaksia Steels fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	3.5B	3.5B	4.2B	5.2B	3.5B
Other Current Liab	790.2M	441.8M	546.5M	560.1M	132.6M	261.3M
Total Current Liabilities	2.1B	1.2B	780.6M	1.2B	2.1B	1.4B
Total Stockholder Equity	1.9B	2.2B	2.7B	2.9B	3.0B	2.1B
Net Debt	174.0M	506.3M	(57.7M)	374.3M	1.6B	1.6B
Retained Earnings	573.2M	838.1M	1.2B	1.3B	2.4B	2.5B
Accounts Payable	1.3B	103.3M	128.7M	151.2M	104.4M	99.2M
Cash	435.2M	164.1M	153.2M	114.4M	292.9M	233.2M
Cash And Short Term Investments	463.1M	202.6M	375.0M	1.3B	1.5B	1.6B
Liabilities And Stockholders Equity	4.0B	3.5B	3.5B	4.2B	5.2B	3.5B
Other Stockholder Equity	(1.4B)	(1.5B)	467.4M	1.3B	467.4M	420.2M
Total Liab	2.1B	1.3B	840.5M	1.3B	2.2B	1.5B
Total Current Assets	2.6B	1.4B	2.1B	2.9B	3.7B	2.4B
Short Long Term Debt Total	609.2M	670.5M	95.4M	488.7M	1.9B	2.0B
Property Plant And Equipment Net	1.0B	885.9M	818.5M	789.7M	1.1B	897.2M
Current Deferred Revenue	(593.2M)	148.8M	551.4M	553.0M	2.4M	2.3M
Non Current Assets Total	1.4B	2.1B	1.4B	1.3B	1.4B	1.2B
Net Receivables	481.2M	200.4M	299.2M	286.7M	262.3M	488.6M
Non Current Liabilities Total	26.3M	50.2M	59.9M	77.8M	97.6M	65.7M
Inventory	1.4B	861.4M	1.0B	1.3B	1.4B	1.1B
Other Current Assets	787.6M	119.5M	622.7M	515.1M	546.8M	516.1M
Accumulated Other Comprehensive Income	(298.6M)	857.2M	935.7M	1.1B	59.4M	81.5M
Short Term Debt	593.2M	657.5M	85.6M	485.6M	1.9B	1.9B
Other Liab	22.6M	10.3M	37.2M	50.0M	45.0M	28.7M
Net Tangible Assets	1.9B	1.9B	2.2B	2.7B	3.1B	2.1B
Other Assets	32.7M	162.2M	223.0M	52.6M	60.5M	66.1M
Property Plant Equipment	1.0B	885.9M	818.5M	789.7M	908.2M	890.7M
Long Term Debt Total	16.0M	13.0M	9.8M	3.1M	2.8M	2.7M
Short Long Term Debt	589.3M	653.0M	82.1M	481.7M	1.9B	1.9B
Short Term Investments	27.8M	38.5M	221.8M	1.2B	1.5B	1.5B
Net Invested Capital	2.5B	2.9B	2.7B	3.4B	4.9B	3.3B
Net Working Capital	542.5M	166.5M	1.4B	1.7B	1.7B	1.1B

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Manaksia Current Deferred Revenue vs Property Plant And Equipment Net Analysis

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Property Plant And Equipment Net

Manaksia Steels fundamental ratios Correlations

Manaksia Steels Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Manaksia Steels fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 0.96	Total Assets
Common Stock	+ 0.96	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.95	Total Assets
Total Current Assets	+ 0.92	Total Liab

Net Receivables	- 0.82	Non Current Assets Total
Net Tangible Assets	- 0.77	Net Receivables
Non Current Liabilities Total	- 0.76	Accounts Payable
Property Plant And Equipment Net	- 0.73	Other Stockholder Equity
Other Liab	- 0.73	Accounts Payable
Other Liab	- 0.69	Total Current Liabilities