POSCO Other Current Assets vs Inventory Analysis

PKX Stock  USD 53.92  0.48  0.88%   
POSCO Holdings financial indicator trend analysis is much more than just breaking down POSCO Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POSCO Holdings is a good investment. Please check the relationship between POSCO Holdings Other Current Assets and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POSCO Holdings. 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.
For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POSCO Holdings Other Current Assets account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between POSCO Holdings' Other Current Assets and Inventory is 0.0. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of POSCO Holdings, assuming nothing else is changed. The correlation between historical values of POSCO Holdings' Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of POSCO Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., POSCO Holdings' Other Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Inventory

Most indicators from POSCO Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POSCO Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in POSCO Holdings. 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.
For more information on how to buy POSCO Stock please use our How to Invest in POSCO Holdings guide.Sales General And Administrative To Revenue is likely to rise to 0.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 T in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense439.8B607.5B1.0T801.6B
Depreciation And Amortization3.6T3.7T3.8T2.7T

POSCO Holdings fundamental ratios Correlations

0.880.820.960.980.880.770.970.920.650.930.120.640.91-0.320.850.9-0.21-0.180.950.930.790.710.48-0.190.32
0.880.850.940.780.910.950.780.750.580.940.260.280.96-0.070.950.71-0.320.090.980.70.890.740.06-0.23-0.09
0.820.850.820.760.70.750.770.720.590.780.30.450.8-0.30.860.75-0.180.160.870.760.70.730.27-0.160.12
0.960.940.820.90.90.860.90.890.630.950.220.490.95-0.110.860.85-0.3-0.090.970.840.890.740.29-0.220.14
0.980.780.760.90.820.661.00.890.60.880.080.740.83-0.410.740.9-0.16-0.260.860.950.710.680.62-0.140.46
0.880.910.70.90.820.90.810.730.410.98-0.030.270.95-0.090.830.62-0.43-0.240.90.650.880.660.11-0.160.05
0.770.950.750.860.660.90.660.60.30.90.280.070.930.130.850.57-0.380.130.890.520.880.75-0.09-0.21-0.2
0.970.780.770.91.00.810.660.880.60.870.110.760.83-0.410.740.9-0.17-0.240.860.950.710.670.64-0.150.44
0.920.750.720.890.890.730.60.880.680.790.020.640.82-0.290.780.94-0.1-0.230.870.930.620.50.47-0.150.41
0.650.580.590.630.60.410.30.60.680.480.210.650.5-0.440.630.68-0.12-0.030.650.720.480.30.39-0.170.16
0.930.940.780.950.880.980.90.870.790.480.060.370.95-0.160.850.72-0.35-0.170.940.740.910.750.2-0.160.14
0.120.260.30.220.08-0.030.280.110.020.210.060.140.110.310.150.25-0.090.740.210.140.290.510.09-0.41-0.33
0.640.280.450.490.740.270.070.760.640.650.370.140.32-0.60.310.740.09-0.260.430.840.210.320.95-0.080.62
0.910.960.80.950.830.950.930.830.820.50.950.110.32-0.070.910.76-0.35-0.110.970.740.850.650.13-0.180.02
-0.32-0.07-0.3-0.11-0.41-0.090.13-0.41-0.29-0.44-0.160.31-0.6-0.07-0.19-0.35-0.230.27-0.14-0.470.01-0.07-0.55-0.4-0.72
0.850.950.860.860.740.830.850.740.780.630.850.150.310.91-0.190.73-0.20.10.950.730.730.590.08-0.23-0.04
0.90.710.750.850.90.620.570.90.940.680.720.250.740.76-0.350.730.0-0.030.830.970.580.570.6-0.140.43
-0.21-0.32-0.18-0.3-0.16-0.43-0.38-0.17-0.1-0.12-0.35-0.090.09-0.35-0.23-0.20.00.29-0.27-0.01-0.48-0.190.170.450.4
-0.180.090.16-0.09-0.26-0.240.13-0.24-0.23-0.03-0.170.74-0.26-0.110.270.1-0.030.29-0.01-0.170.00.25-0.29-0.11-0.38
0.950.980.870.970.860.90.890.860.870.650.940.210.430.97-0.140.950.83-0.27-0.010.820.850.710.21-0.250.06
0.930.70.760.840.950.650.520.950.930.720.740.140.840.74-0.470.730.97-0.01-0.170.820.560.560.7-0.140.49
0.790.890.70.890.710.880.880.710.620.480.910.290.210.850.010.730.58-0.480.00.850.560.80.01-0.22-0.05
0.710.740.730.740.680.660.750.670.50.30.750.510.320.65-0.070.590.57-0.190.250.710.560.80.23-0.20.11
0.480.060.270.290.620.11-0.090.640.470.390.20.090.950.13-0.550.080.60.17-0.290.210.70.010.23-0.050.68
-0.19-0.23-0.16-0.22-0.14-0.16-0.21-0.15-0.15-0.17-0.16-0.41-0.08-0.18-0.4-0.23-0.140.45-0.11-0.25-0.14-0.22-0.2-0.050.46
0.32-0.090.120.140.460.05-0.20.440.410.160.14-0.330.620.02-0.72-0.040.430.4-0.380.060.49-0.050.110.680.46
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POSCO Holdings Account Relationship Matchups

POSCO Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.1T79.1T91.5T98.4T101.5T62.0T
Short Long Term Debt Total21.1T21.0T22.5T25.1T25.9T17.4T
Other Current Liab2.8T3.4T3.0T3.6T3.8T2.5T
Total Current Liabilities16.3T16.9T21.1T23.2T21.9T14.1T
Total Stockholder Equity44.5T44.3T50.4T52.5T54.1T34.0T
Property Plant And Equipment Net30.0T29.4T29.7T31.9T35.2T25.8T
Net Debt17.6T15.7T17.7T17.1T19.2T14.2T
Retained Earnings45.1T46.1T51.5T53.0T53.9T32.4T
Accounts Payable4.3T3.8T6.5T6.9T7.0T3.7T
Cash3.5T4.8T4.8T8.1T5.2T3.0T
Non Current Assets Total44.2T43.3T44.8T50.8T54.7T37.8T
Non Currrent Assets Other2.6T2.6T3.2T3.5T834.7B793.0B
Cash And Short Term Investments12.5T16.5T18.2T18.7T13.5T8.2T
Net Receivables10.6T9.7T12.0T12.0T12.7T8.6T
Common Stock Shares Outstanding80.1M79.1M306.8M78.9M75.9M72.1M
Liabilities And Stockholders Equity79.1T79.1T91.5T98.4T101.5T64.5T
Non Current Liabilities Total14.9T14.6T15.6T17.0T19.4T12.0T
Inventory10.9T9.1T15.2T15.5T14.6T8.2T
Other Current Assets14.3B616.6B1.2T20.3B1.5T1.6T
Other Stockholder Equity67.3B(881.6B)(863.5B)(491.5B)(441.8B)(419.7B)
Total Liab31.3T31.4T36.7T40.1T41.3T25.7T
Total Current Assets34.8T35.8T46.6T47.6T46.7T26.7T
Short Term Debt8.7T8.7T8.0T12.1T10.1T7.4T
Intangible Assets3.7T3.5T3.4T4.2T4.1T2.5T
Short Term Investments8.9T11.7T13.4T10.7T8.3T5.1T
Accumulated Other Comprehensive Income(1.2T)(1.4T)(667.0B)(444.0B)248.2B260.6B
Other Liab2.5T2.2T2.7T3.9T4.5T4.7T
Long Term Debt11.9T11.8T12.9T12.4T15.0T15.8T
Treasury Stock(1.5T)(1.5T)(2.4T)(2.5T)(2.3T)(2.1T)
Property Plant Equipment29.9T29.4T29.6T32.9T37.8T39.7T
Current Deferred Revenue549.3B976.0B582.4B597.9B693.7B722.6B
Good Will1.1T903.9B736.0B442.5B403.2B383.0B
Property Plant And Equipment Gross6.4T29.4T74.5T79.4T85.5T89.7T
Deferred Long Term Liab94.3B227.1B154.0B116.2B133.6B104.4B
Long Term Investments5.5T5.4T6.6T7.3T7.6T5.7T
Net Tangible Assets39.7T40.1T46.3T47.8T55.0T35.0T
Long Term Debt Total12.4T12.3T13.5T13.1T15.0T11.8T

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