MSP Total Current Assets vs Non Current Assets Total 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 Current Assets and its Non Current Assets Total 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 Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MSP Steel Power Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between MSP Steel's Total Current Assets and Non Current Assets Total is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Current Assets 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 Total Current Assets of MSP Steel Power 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 Total Current Assets i.e., MSP Steel's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 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 Expense	772.6M	876.8M	1.0B	767.3M
Depreciation And Amortization	540.8M	554.1M	637.2M	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	0.05	0.86	0.85	0.93	0.85	0.26	0.93	0.15	0.55	0.26	0.51	0.05	0.79	0.54	0.46	0.4	0.97	0.82	0.14	0.62	0.39	0.13	-0.65	0.0
Short Long Term Debt Total	0.85		-0.24	0.53	0.67	0.86	1.0	0.14	0.82	0.19	0.24	0.24	0.39	-0.03	0.91	0.41	0.4	0.59	0.86	0.66	0.01	0.3	0.22	0.3	-0.71	-0.14
Other Current Liab	0.05	-0.24		0.24	-0.23	0.19	-0.23	-0.24	0.26	-0.15	0.61	-0.26	0.09	-0.35	0.05	-0.25	-0.31	-0.15	0.17	-0.28	-0.33	0.61	-0.41	-0.47	0.62	-0.04
Total Current Liabilities	0.86	0.53	0.24		0.73	0.69	0.53	0.34	0.72	0.2	0.64	0.35	0.52	0.12	0.44	0.58	0.41	0.1	0.84	0.82	0.2	0.78	0.53	-0.03	-0.47	0.2
Total Stockholder Equity	0.85	0.67	-0.23	0.73		0.69	0.67	0.32	0.67	0.12	0.25	0.24	0.31	0.34	0.47	0.72	0.48	0.32	0.7	0.88	0.53	0.31	0.62	0.35	-0.78	0.18
Property Plant And Equipment Net	0.93	0.86	0.19	0.69	0.69		0.87	0.03	0.99	0.08	0.61	0.04	0.52	-0.16	0.92	0.29	0.29	0.48	0.95	0.58	-0.09	0.62	0.06	0.02	-0.46	-0.19
Net Debt	0.85	1.0	-0.23	0.53	0.67	0.87		0.11	0.82	0.2	0.25	0.21	0.4	-0.04	0.92	0.4	0.38	0.59	0.86	0.65	0.0	0.31	0.2	0.29	-0.7	-0.15
Cash	0.26	0.14	-0.24	0.34	0.32	0.03	0.11		0.01	0.2	-0.17	0.89	-0.22	0.47	0.02	0.52	0.74	-0.18	0.2	0.56	0.43	-0.07	0.76	0.39	-0.42	0.25
Non Current Assets Total	0.93	0.82	0.26	0.72	0.67	0.99	0.82	0.01		0.07	0.69	0.0	0.58	-0.21	0.89	0.24	0.25	0.43	0.95	0.55	-0.15	0.69	0.04	-0.07	-0.4	-0.21
Non Currrent Assets Other	0.15	0.19	-0.15	0.2	0.12	0.08	0.2	0.2	0.07		-0.08	0.31	-0.11	0.32	0.07	0.26	0.17	-0.36	0.15	0.23	0.2	0.03	0.28	0.38	-0.21	-0.02
Other Assets	0.55	0.24	0.61	0.64	0.25	0.61	0.25	-0.17	0.69	-0.08		-0.23	0.77	-0.53	0.42	-0.21	-0.02	-0.06	0.62	0.18	-0.47	0.95	-0.22	-0.65	0.18	-0.25
Cash And Short Term Investments	0.26	0.24	-0.26	0.35	0.24	0.04	0.21	0.89	0.0	0.31	-0.23		-0.27	0.46	0.09	0.55	0.78	-0.13	0.25	0.57	0.4	-0.08	0.76	0.48	-0.49	0.15
Net Receivables	0.51	0.39	0.09	0.52	0.31	0.52	0.4	-0.22	0.58	-0.11	0.77	-0.27		-0.49	0.42	-0.22	-0.1	0.19	0.55	0.26	-0.51	0.75	-0.17	-0.57	-0.1	-0.32
Common Stock Shares Outstanding	0.05	-0.03	-0.35	0.12	0.34	-0.16	-0.04	0.47	-0.21	0.32	-0.53	0.46	-0.49		-0.25	0.72	0.32	-0.05	-0.08	0.44	0.8	-0.4	0.69	0.74	-0.56	0.52
Non Current Liabilities Total	0.79	0.91	0.05	0.44	0.47	0.92	0.92	0.02	0.89	0.07	0.42	0.09	0.42	-0.25		0.13	0.29	0.57	0.86	0.41	-0.27	0.41	-0.08	0.07	-0.43	-0.31
Inventory	0.54	0.41	-0.25	0.58	0.72	0.29	0.4	0.52	0.24	0.26	-0.21	0.55	-0.22	0.72	0.13		0.54	0.22	0.41	0.85	0.82	-0.01	0.84	0.64	-0.76	0.59
Other Current Assets	0.46	0.4	-0.31	0.41	0.48	0.29	0.38	0.74	0.25	0.17	-0.02	0.78	-0.1	0.32	0.29	0.54		-0.08	0.41	0.64	0.45	0.0	0.69	0.41	-0.57	0.12
Other Stockholder Equity	0.4	0.59	-0.15	0.1	0.32	0.48	0.59	-0.18	0.43	-0.36	-0.06	-0.13	0.19	-0.05	0.57	0.22	-0.08		0.41	0.24	-0.08	-0.01	-0.08	0.13	-0.39	0.0
Total Liab	0.97	0.86	0.17	0.84	0.7	0.95	0.86	0.2	0.95	0.15	0.62	0.25	0.55	-0.08	0.86	0.41	0.41	0.41		0.72	-0.05	0.69	0.25	0.02	-0.53	-0.08
Total Current Assets	0.82	0.66	-0.28	0.82	0.88	0.58	0.65	0.56	0.55	0.23	0.18	0.57	0.26	0.44	0.41	0.85	0.64	0.24	0.72		0.53	0.33	0.82	0.39	-0.85	0.32
Common Stock	0.14	0.01	-0.33	0.2	0.53	-0.09	0.0	0.43	-0.15	0.2	-0.47	0.4	-0.51	0.8	-0.27	0.82	0.45	-0.08	-0.05	0.53		-0.35	0.77	0.75	-0.54	0.56
Short Term Debt	0.62	0.3	0.61	0.78	0.31	0.62	0.31	-0.07	0.69	0.03	0.95	-0.08	0.75	-0.4	0.41	-0.01	0.0	-0.01	0.69	0.33	-0.35		-0.06	-0.52	0.06	-0.14
Accounts Payable	0.39	0.22	-0.41	0.53	0.62	0.06	0.2	0.76	0.04	0.28	-0.22	0.76	-0.17	0.69	-0.08	0.84	0.69	-0.08	0.25	0.82	0.77	-0.06		0.56	-0.71	0.48
Short Term Investments	0.13	0.3	-0.47	-0.03	0.35	0.02	0.29	0.39	-0.07	0.38	-0.65	0.48	-0.57	0.74	0.07	0.64	0.41	0.13	0.02	0.39	0.75	-0.52	0.56		-0.63	0.28
Intangible Assets	-0.65	-0.71	0.62	-0.47	-0.78	-0.46	-0.7	-0.42	-0.4	-0.21	0.18	-0.49	-0.1	-0.56	-0.43	-0.76	-0.57	-0.39	-0.53	-0.85	-0.54	0.06	-0.71	-0.63		-0.18
Current Deferred Revenue	0.0	-0.14	-0.04	0.2	0.18	-0.19	-0.15	0.25	-0.21	-0.02	-0.25	0.15	-0.32	0.52	-0.31	0.59	0.12	0.0	-0.08	0.32	0.56	-0.14	0.48	0.28	-0.18

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MSP Steel Account Relationship Matchups

MSP Steel fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.1B	17.5B	16.5B	16.4B	18.8B	16.0B
Short Long Term Debt Total	7.7B	8.3B	8.0B	7.8B	9.0B	8.2B
Other Current Liab	282.5M	376.1M	685.2M	208.0M	187.2M	177.8M
Total Current Liabilities	3.7B	6.1B	5.7B	5.8B	6.6B	4.5B
Total Stockholder Equity	5.9B	6.2B	5.7B	5.8B	6.7B	5.2B
Property Plant And Equipment Net	8.6B	8.3B	8.3B	8.2B	9.4B	9.1B
Net Debt	7.5B	7.8B	7.9B	7.6B	8.7B	8.0B
Cash	112.7M	483.1M	109.9M	261.1M	300.2M	191.9M
Non Current Assets Total	9.3B	9.1B	9.2B	9.0B	10.4B	10.2B
Non Currrent Assets Other	39.0M	122.3M	120.4M	396.2M	455.6M	231.4M
Other Assets	422.3M	348.6M	388.6M	332.6M	299.4M	410.2M
Cash And Short Term Investments	112.7M	483.1M	277.2M	261.1M	300.2M	211.1M
Net Receivables	562.2M	704.9M	762.6M	713.1M	641.8M	1.1B
Liabilities And Stockholders Equity	15.1B	17.5B	16.5B	16.4B	18.8B	16.0B
Non Current Liabilities Total	5.4B	5.3B	5.0B	4.8B	5.5B	6.2B
Inventory	3.8B	4.6B	4.8B	4.9B	5.6B	3.1B
Other Current Assets	1.4B	2.7B	1.6B	1.5B	1.7B	1.2B
Total Liab	9.2B	11.3B	10.8B	10.6B	12.1B	10.7B
Total Current Assets	5.8B	8.5B	7.3B	7.4B	8.5B	5.8B
Accumulated Other Comprehensive Income	5.6B	5.9B	5.4B	2.9B	3.3B	3.5B
Short Term Debt	2.2B	3.0B	3.0B	3.0B	2.7B	2.4B
Accounts Payable	1.2B	2.7B	2.1B	2.2B	2.5B	1.6B
Short Term Investments	163.3M	479.9M	167.3M	214.4M	246.6M	258.9M
Intangible Assets	5.2M	3.9M	2.5M	1.2M	1.1M	1.0M
Current Deferred Revenue	118.2M	299.5M	164.2M	348.2M	400.5M	223.6M
Retained Earnings	(2.6B)	(2.4B)	(2.9B)	(2.7B)	(2.5B)	(2.3B)
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	5.4B	5.3B	5.0B	4.8B	4.3B	5.1B
Short Long Term Debt	1.8B	3.0B	3.0B	3.0B	2.7B	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	13.1B	14.4B	13.7B	13.6B	12.3B	11.4B

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MSP Total Current Assets vs Non Current Assets Total Analysis

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Total Current Assets

Non Current Assets Total

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

COMMON DESTINATIONS

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COMPANY

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	+ 0.95	Property Plant And Equipment Net
Total Liab	+ 0.95	Non Current Assets Total
Short Term Debt	+ 0.95	Other Assets

Intangible Assets	- 0.85	Total Current Assets
Intangible Assets	- 0.78	Total Stockholder Equity
Intangible Assets	- 0.76	Inventory
Intangible Assets	- 0.71	Accounts Payable
Intangible Assets	- 0.71	Short Long Term Debt Total
Intangible Assets	- 0.7	Net Debt