MSP Total Assets vs Net Receivables Analysis

MSPL Stock   23.55  1.05  4.27%   
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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSP Steel Power Total Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MSP Steel's Total Assets and Net Receivables is 0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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 Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of MSP Steel Power are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., MSP Steel's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of MSP 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 MSP Steel Power 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.

Net Receivables

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 1.1 B in 2025. Tax Provision is likely to gain to about 76.6 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense772.6M876.8M1.0B767.3M
Depreciation And Amortization540.8M554.1M637.2M449.9M

MSP Steel fundamental ratios Correlations

0.850.050.860.850.930.850.260.930.150.550.260.510.050.790.540.460.40.970.820.140.620.390.13-0.650.0
0.85-0.240.530.670.861.00.140.820.190.240.240.39-0.030.910.410.40.590.860.660.010.30.220.3-0.71-0.14
0.05-0.240.24-0.230.19-0.23-0.240.26-0.150.61-0.260.09-0.350.05-0.25-0.31-0.150.17-0.28-0.330.61-0.41-0.470.62-0.04
0.860.530.240.730.690.530.340.720.20.640.350.520.120.440.580.410.10.840.820.20.780.53-0.03-0.470.2
0.850.67-0.230.730.690.670.320.670.120.250.240.310.340.470.720.480.320.70.880.530.310.620.35-0.780.18
0.930.860.190.690.690.870.030.990.080.610.040.52-0.160.920.290.290.480.950.58-0.090.620.060.02-0.46-0.19
0.851.0-0.230.530.670.870.110.820.20.250.210.4-0.040.920.40.380.590.860.650.00.310.20.29-0.7-0.15
0.260.14-0.240.340.320.030.110.010.2-0.170.89-0.220.470.020.520.74-0.180.20.560.43-0.070.760.39-0.420.25
0.930.820.260.720.670.990.820.010.070.690.00.58-0.210.890.240.250.430.950.55-0.150.690.04-0.07-0.4-0.21
0.150.19-0.150.20.120.080.20.20.07-0.080.31-0.110.320.070.260.17-0.360.150.230.20.030.280.38-0.21-0.02
0.550.240.610.640.250.610.25-0.170.69-0.08-0.230.77-0.530.42-0.21-0.02-0.060.620.18-0.470.95-0.22-0.650.18-0.25
0.260.24-0.260.350.240.040.210.890.00.31-0.23-0.270.460.090.550.78-0.130.250.570.4-0.080.760.48-0.490.15
0.510.390.090.520.310.520.4-0.220.58-0.110.77-0.27-0.490.42-0.22-0.10.190.550.26-0.510.75-0.17-0.57-0.1-0.32
0.05-0.03-0.350.120.34-0.16-0.040.47-0.210.32-0.530.46-0.49-0.250.720.32-0.05-0.080.440.8-0.40.690.74-0.560.52
0.790.910.050.440.470.920.920.020.890.070.420.090.42-0.250.130.290.570.860.41-0.270.41-0.080.07-0.43-0.31
0.540.41-0.250.580.720.290.40.520.240.26-0.210.55-0.220.720.130.540.220.410.850.82-0.010.840.64-0.760.59
0.460.4-0.310.410.480.290.380.740.250.17-0.020.78-0.10.320.290.54-0.080.410.640.450.00.690.41-0.570.12
0.40.59-0.150.10.320.480.59-0.180.43-0.36-0.06-0.130.19-0.050.570.22-0.080.410.24-0.08-0.01-0.080.13-0.390.0
0.970.860.170.840.70.950.860.20.950.150.620.250.55-0.080.860.410.410.410.72-0.050.690.250.02-0.53-0.08
0.820.66-0.280.820.880.580.650.560.550.230.180.570.260.440.410.850.640.240.720.530.330.820.39-0.850.32
0.140.01-0.330.20.53-0.090.00.43-0.150.2-0.470.4-0.510.8-0.270.820.45-0.08-0.050.53-0.350.770.75-0.540.56
0.620.30.610.780.310.620.31-0.070.690.030.95-0.080.75-0.40.41-0.010.0-0.010.690.33-0.35-0.06-0.520.06-0.14
0.390.22-0.410.530.620.060.20.760.040.28-0.220.76-0.170.69-0.080.840.69-0.080.250.820.77-0.060.56-0.710.48
0.130.3-0.47-0.030.350.020.290.39-0.070.38-0.650.48-0.570.740.070.640.410.130.020.390.75-0.520.56-0.630.28
-0.65-0.710.62-0.47-0.78-0.46-0.7-0.42-0.4-0.210.18-0.49-0.1-0.56-0.43-0.76-0.57-0.39-0.53-0.85-0.540.06-0.71-0.63-0.18
0.0-0.14-0.040.20.18-0.19-0.150.25-0.21-0.02-0.250.15-0.320.52-0.310.590.120.0-0.080.320.56-0.140.480.28-0.18
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MSP Steel Account Relationship Matchups

MSP Steel fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.1B17.5B16.5B16.4B18.8B16.0B
Short Long Term Debt Total7.7B8.3B8.0B7.8B9.0B8.2B
Other Current Liab282.5M376.1M685.2M208.0M187.2M177.8M
Total Current Liabilities3.7B6.1B5.7B5.8B6.6B4.5B
Total Stockholder Equity5.9B6.2B5.7B5.8B6.7B5.2B
Property Plant And Equipment Net8.6B8.3B8.3B8.2B9.4B9.1B
Net Debt7.5B7.8B7.9B7.6B8.7B8.0B
Cash112.7M483.1M109.9M261.1M300.2M191.9M
Non Current Assets Total9.3B9.1B9.2B9.0B10.4B10.2B
Non Currrent Assets Other39.0M122.3M120.4M396.2M455.6M231.4M
Other Assets422.3M348.6M388.6M332.6M299.4M410.2M
Cash And Short Term Investments112.7M483.1M277.2M261.1M300.2M211.1M
Net Receivables562.2M704.9M762.6M713.1M641.8M1.1B
Liabilities And Stockholders Equity15.1B17.5B16.5B16.4B18.8B16.0B
Non Current Liabilities Total5.4B5.3B5.0B4.8B5.5B6.2B
Inventory3.8B4.6B4.8B4.9B5.6B3.1B
Other Current Assets1.4B2.7B1.6B1.5B1.7B1.2B
Total Liab9.2B11.3B10.8B10.6B12.1B10.7B
Total Current Assets5.8B8.5B7.3B7.4B8.5B5.8B
Accumulated Other Comprehensive Income5.6B5.9B5.4B2.9B3.3B3.5B
Short Term Debt2.2B3.0B3.0B3.0B2.7B2.4B
Accounts Payable1.2B2.7B2.1B2.2B2.5B1.6B
Short Term Investments163.3M479.9M167.3M214.4M246.6M258.9M
Intangible Assets5.2M3.9M2.5M1.2M1.1M1.0M
Current Deferred Revenue118.2M299.5M164.2M348.2M400.5M223.6M
Retained Earnings(2.6B)(2.4B)(2.9B)(2.7B)(2.5B)(2.3B)
Other Liab12.1M11.7M12.1M13.5M12.2M11.5M
Net Tangible Assets5.6B5.6B5.9B5.4B4.8B4.6B
Long Term Debt5.4B5.3B5.0B4.8B4.3B5.1B
Short Long Term Debt1.8B3.0B3.0B3.0B2.7B2.5B
Property Plant Equipment9.1B8.6B8.3B8.3B7.4B8.0B
Long Term Debt Total5.7B5.4B5.3B5.0B4.5B5.0B
Cash And Equivalents137.5M137.0M156.0M161.7M186.0M147.0M
Net Invested Capital13.1B14.4B13.7B13.6B12.3B11.4B

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