MSP Net Debt vs Property Plant Equipment Analysis

MSPL Stock

45.39 0.04 0.09%

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

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSP Steel Power Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.

The correlation between MSP Steel's Net Debt and Property Plant Equipment is 0.06. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of MSP Steel Power, assuming nothing else is changed. The correlation between historical values of MSP Steel's Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of MSP Steel Power are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., MSP Steel's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

Most indicators from MSP Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MSP 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSP 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 board of governors.

Selling General Administrative is likely to gain to about 918.8 M in 2024. Tax Provision is likely to gain to about 66.6 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	659.2M	772.6M	876.8M	767.3M
Depreciation And Amortization	544.7M	540.8M	554.1M	449.9M

Interest Expense Depreciation And Amortization

MSP Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Short Term Investments	Intangible Assets	Current Deferred Revenue
Total Assets		0.85	0.07	0.86	0.85	0.94	0.85	0.23	0.94	0.11	0.59	0.24	0.54	0.01	0.81	0.54	0.45	0.42	0.97	0.83	0.1	0.64	0.37	0.11	-0.64	-0.03
Short Long Term Debt Total	0.85		-0.24	0.53	0.68	0.86	1.0	0.13	0.82	0.19	0.25	0.23	0.4	-0.05	0.92	0.43	0.39	0.6	0.86	0.68	-0.01	0.31	0.22	0.3	-0.71	-0.16
Other Current Liab	0.07	-0.24		0.28	-0.21	0.2	-0.23	-0.22	0.26	-0.12	0.6	-0.24	0.08	-0.33	0.04	-0.23	-0.3	-0.16	0.18	-0.26	-0.31	0.6	-0.4	-0.46	0.61	-0.01
Total Current Liabilities	0.86	0.53	0.28		0.71	0.71	0.53	0.3	0.74	0.13	0.71	0.31	0.58	0.06	0.47	0.55	0.4	0.12	0.84	0.81	0.14	0.83	0.49	-0.07	-0.45	0.15
Total Stockholder Equity	0.85	0.68	-0.21	0.71		0.71	0.68	0.27	0.69	0.05	0.3	0.2	0.35	0.31	0.5	0.72	0.47	0.34	0.7	0.88	0.49	0.34	0.6	0.33	-0.78	0.14
Property Plant And Equipment Net	0.94	0.86	0.2	0.71	0.71		0.87	0.03	0.99	0.08	0.62	0.04	0.53	-0.18	0.92	0.32	0.29	0.48	0.95	0.6	-0.11	0.62	0.07	0.02	-0.46	-0.19
Net Debt	0.85	1.0	-0.23	0.53	0.68	0.87		0.1	0.83	0.19	0.27	0.21	0.41	-0.06	0.92	0.42	0.38	0.59	0.86	0.67	-0.02	0.31	0.2	0.28	-0.71	-0.16
Cash	0.23	0.13	-0.22	0.3	0.27	0.03	0.1		0.01	0.1	-0.12	0.88	-0.18	0.41	0.04	0.45	0.75	-0.17	0.19	0.52	0.37	-0.04	0.73	0.36	-0.39	0.2
Non Current Assets Total	0.94	0.82	0.26	0.74	0.69	0.99	0.83	0.01		0.07	0.7	0.01	0.59	-0.23	0.89	0.27	0.26	0.44	0.96	0.58	-0.16	0.7	0.04	-0.07	-0.41	-0.21
Non Currrent Assets Other	0.11	0.19	-0.12	0.13	0.05	0.08	0.19	0.1	0.07		-0.03	0.25	-0.06	0.23	0.1	0.13	0.13	-0.36	0.13	0.14	0.12	0.07	0.16	0.35	-0.16	-0.11
Other Assets	0.59	0.25	0.6	0.71	0.3	0.62	0.27	-0.12	0.7	-0.03		-0.19	0.76	-0.52	0.42	-0.15	0.0	-0.07	0.65	0.24	-0.45	0.94	-0.17	-0.64	0.15	-0.22
Cash And Short Term Investments	0.24	0.23	-0.24	0.31	0.2	0.04	0.21	0.88	0.01	0.25	-0.19		-0.24	0.42	0.11	0.5	0.78	-0.12	0.24	0.54	0.35	-0.05	0.75	0.46	-0.47	0.1
Net Receivables	0.54	0.4	0.08	0.58	0.35	0.53	0.41	-0.18	0.59	-0.06	0.76	-0.24		-0.48	0.41	-0.16	-0.08	0.18	0.57	0.33	-0.49	0.75	-0.11	-0.55	-0.13	-0.3
Common Stock Shares Outstanding	0.01	-0.05	-0.33	0.06	0.31	-0.18	-0.06	0.41	-0.23	0.23	-0.52	0.42	-0.48		-0.26	0.71	0.32	-0.03	-0.12	0.4	0.82	-0.39	0.66	0.74	-0.54	0.5
Non Current Liabilities Total	0.81	0.92	0.04	0.47	0.5	0.92	0.92	0.04	0.89	0.1	0.42	0.11	0.41	-0.26		0.18	0.3	0.57	0.87	0.45	-0.27	0.4	-0.06	0.08	-0.45	-0.3
Inventory	0.54	0.43	-0.23	0.55	0.72	0.32	0.42	0.45	0.27	0.13	-0.15	0.5	-0.16	0.71	0.18		0.54	0.28	0.42	0.83	0.8	0.04	0.81	0.64	-0.77	0.56
Other Current Assets	0.45	0.39	-0.3	0.4	0.47	0.29	0.38	0.75	0.26	0.13	0.0	0.78	-0.08	0.32	0.3	0.54		-0.07	0.4	0.64	0.43	0.02	0.7	0.4	-0.56	0.09
Other Stockholder Equity	0.42	0.6	-0.16	0.12	0.34	0.48	0.59	-0.17	0.44	-0.36	-0.07	-0.12	0.18	-0.03	0.57	0.28	-0.07		0.42	0.28	-0.07	-0.02	-0.06	0.15	-0.41	0.02
Total Liab	0.97	0.86	0.18	0.84	0.7	0.95	0.86	0.19	0.96	0.13	0.65	0.24	0.57	-0.12	0.87	0.42	0.4	0.42		0.73	-0.09	0.71	0.23	0.01	-0.53	-0.1
Total Current Assets	0.83	0.68	-0.26	0.81	0.88	0.6	0.67	0.52	0.58	0.14	0.24	0.54	0.33	0.4	0.45	0.83	0.64	0.28	0.73		0.48	0.38	0.8	0.36	-0.84	0.27
Common Stock	0.1	-0.01	-0.31	0.14	0.49	-0.11	-0.02	0.37	-0.16	0.12	-0.45	0.35	-0.49	0.82	-0.27	0.8	0.43	-0.07	-0.09	0.48		-0.32	0.74	0.74	-0.52	0.53
Short Term Debt	0.64	0.31	0.6	0.83	0.34	0.62	0.31	-0.04	0.7	0.07	0.94	-0.05	0.75	-0.39	0.4	0.04	0.02	-0.02	0.71	0.38	-0.32		-0.02	-0.51	0.05	-0.12
Accounts Payable	0.37	0.22	-0.4	0.49	0.6	0.07	0.2	0.73	0.04	0.16	-0.17	0.75	-0.11	0.66	-0.06	0.81	0.7	-0.06	0.23	0.8	0.74	-0.02		0.54	-0.7	0.44
Short Term Investments	0.11	0.3	-0.46	-0.07	0.33	0.02	0.28	0.36	-0.07	0.35	-0.64	0.46	-0.55	0.74	0.08	0.64	0.4	0.15	0.01	0.36	0.74	-0.51	0.54		-0.61	0.25
Intangible Assets	-0.64	-0.71	0.61	-0.45	-0.78	-0.46	-0.71	-0.39	-0.41	-0.16	0.15	-0.47	-0.13	-0.54	-0.45	-0.77	-0.56	-0.41	-0.53	-0.84	-0.52	0.05	-0.7	-0.61		-0.15
Current Deferred Revenue	-0.03	-0.16	-0.01	0.15	0.14	-0.19	-0.16	0.2	-0.21	-0.11	-0.22	0.1	-0.3	0.5	-0.3	0.56	0.09	0.02	-0.1	0.27	0.53	-0.12	0.44	0.25	-0.15

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MSP Steel Account Relationship Matchups

MSP Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.4B	15.1B	17.5B	16.5B	16.4B	16.0B
Short Long Term Debt Total	8.6B	7.7B	8.3B	8.0B	7.8B	8.2B
Other Current Liab	1.0B	282.5M	376.1M	685.2M	208.0M	197.6M
Total Current Liabilities	5.8B	3.7B	6.1B	5.7B	5.8B	4.5B
Total Stockholder Equity	5.9B	5.9B	6.2B	5.7B	5.8B	5.2B
Property Plant And Equipment Net	9.1B	8.6B	8.3B	8.3B	8.2B	9.1B
Net Debt	8.5B	7.5B	7.8B	7.9B	7.6B	8.0B
Cash	145.8M	112.7M	483.1M	109.9M	261.1M	191.9M
Non Current Assets Total	9.9B	9.3B	9.1B	9.2B	9.0B	10.2B
Non Currrent Assets Other	72.3M	39.0M	122.3M	120.4M	396.2M	231.4M
Other Assets	422.3M	348.6M	388.6M	332.6M	299.4M	410.2M
Cash And Short Term Investments	145.8M	112.7M	483.1M	277.2M	261.1M	211.1M
Net Receivables	735.4M	562.2M	704.9M	762.6M	713.1M	1.1B
Liabilities And Stockholders Equity	17.4B	15.1B	17.5B	16.5B	16.4B	16.0B
Non Current Liabilities Total	5.7B	5.4B	5.3B	5.0B	4.8B	6.2B
Inventory	5.3B	3.8B	4.6B	4.8B	4.9B	3.1B
Other Current Assets	1.3B	1.4B	2.7B	1.6B	1.5B	1.2B
Other Stockholder Equity	1.5B	1.6B	4.5B	4.4B	1.8B	2.4B
Total Liab	11.4B	9.2B	11.3B	10.8B	10.6B	10.7B
Total Current Assets	7.4B	5.8B	8.5B	7.3B	7.4B	5.8B
Accumulated Other Comprehensive Income	(2.8B)	5.6B	5.9B	5.4B	2.9B	3.0B
Short Term Debt	2.9B	2.2B	3.0B	3.0B	3.0B	2.4B
Accounts Payable	1.8B	1.2B	2.7B	2.1B	2.2B	1.6B
Short Term Investments	31.0M	163.3M	479.9M	167.3M	214.4M	225.1M
Intangible Assets	5.2M	3.9M	2.5M	1.2M	1.1M	1.0M
Current Deferred Revenue	944.2M	118.2M	299.5M	164.2M	348.2M	223.6M
Retained Earnings	(2.7B)	(2.6B)	(2.4B)	(2.9B)	(2.7B)	(2.6B)
Other Liab	12.1M	11.7M	12.1M	13.5M	12.2M	11.5M
Net Tangible Assets	5.6B	5.6B	5.9B	5.4B	4.8B	4.6B
Long Term Debt	5.7B	5.4B	5.3B	5.0B	4.8B	5.1B
Short Long Term Debt	2.9B	1.8B	3.0B	3.0B	3.0B	2.5B
Property Plant Equipment	9.1B	8.6B	8.3B	8.3B	7.4B	8.0B
Long Term Debt Total	5.7B	5.4B	5.3B	5.0B	4.5B	5.0B
Cash And Equivalents	137.5M	137.0M	156.0M	161.7M	186.0M	147.0M
Net Invested Capital	14.2B	13.1B	14.4B	13.7B	13.6B	11.4B

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MSP Net Debt vs Property Plant Equipment Analysis

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Debt

Property Plant Equipment

MSP Steel fundamental ratios Correlations

MSP Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MSP Steel fundamental ratios Accounts

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Additional Tools for MSP Stock Analysis

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.97	Total Assets
Total Liab	+ 0.96	Non Current Assets Total
Total Liab	+ 0.95	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.94	Total Assets

Intangible Assets	- 0.84	Total Current Assets
Intangible Assets	- 0.78	Total Stockholder Equity
Intangible Assets	- 0.77	Inventory
Intangible Assets	- 0.71	Net Debt
Intangible Assets	- 0.71	Short Long Term Debt Total
Intangible Assets	- 0.7	Accounts Payable