Prakash Net Debt vs Long Term Debt Analysis

PRAKASHSTL

8.40 0.04 0.47%

Prakash Steelage financial indicator trend analysis is much more than just breaking down Prakash Steelage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prakash Steelage is a good investment. Please check the relationship between Prakash Steelage Net Debt and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prakash Steelage 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 nation.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prakash Steelage Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Prakash Steelage's Net Debt and Long Term Debt is 0.31. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Prakash Steelage Limited, assuming nothing else is changed. The correlation between historical values of Prakash Steelage's Net Debt and Long Term Debt 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 Prakash Steelage Limited are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Prakash Steelage's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Long Term Debt

Long-term debt is a debt that Prakash Steelage has held for over one year. Long-term debt appears on Prakash Steelage Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Prakash Steelage Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Prakash Steelage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prakash Steelage 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 Prakash Steelage 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 nation.

The Prakash Steelage's current Selling General Administrative is estimated to increase to about 65 M. The Prakash Steelage's current Tax Provision is estimated to increase to about 4.4 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	72.8M	116.3M	36.5M	34.7M
Cost Of Revenue	327.5M	817.7M	910.4M	864.9M

Total Operating Expenses Cost Of Revenue

Prakash Steelage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	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	Short Term Debt	Common Stock	Retained Earnings	Non Currrent Assets Other	Other Liab	Net Tangible Assets
Total Assets		0.49	0.84	0.72	0.82	0.88	0.44	0.45	0.88	0.82	0.94	0.82	0.95	-0.06	0.45	0.91	0.5	0.47	0.8	1.0	0.34	-0.15	0.79	0.74	0.57	0.83
Short Long Term Debt Total	0.49		0.23	0.89	-0.07	0.44	0.27	1.0	0.54	0.34	0.49	0.33	0.52	-0.02	0.19	0.37	-0.18	0.65	0.89	0.49	0.93	-0.2	-0.09	0.21	0.44	0.0
Other Current Liab	0.84	0.23		0.53	0.81	0.81	0.09	0.18	0.67	0.84	0.84	0.84	0.72	0.2	0.14	0.84	0.66	0.38	0.54	0.82	0.2	0.14	0.75	0.62	0.36	0.77
Total Current Liabilities	0.72	0.89	0.53		0.22	0.59	0.14	0.87	0.81	0.47	0.66	0.46	0.71	0.21	0.08	0.65	0.15	0.81	0.97	0.73	0.86	0.04	0.15	0.38	0.5	0.23
Total Stockholder Equity	0.82	-0.07	0.81	0.22		0.74	0.37	-0.13	0.58	0.77	0.77	0.77	0.75	-0.1	0.41	0.77	0.67	0.07	0.3	0.81	-0.21	-0.08	0.99	0.7	0.35	0.97
Property Plant And Equipment Net	0.88	0.44	0.81	0.59	0.74		0.46	0.38	0.74	0.95	0.98	0.95	0.73	-0.27	0.49	0.92	0.57	0.24	0.68	0.86	0.24	-0.34	0.76	0.55	0.26	0.81
Current Deferred Revenue	0.44	0.27	0.09	0.14	0.37	0.46		0.25	0.29	0.38	0.43	0.37	0.49	-0.79	0.86	0.26	0.05	-0.22	0.34	0.43	-0.06	-0.81	0.47	0.4	0.3	0.53
Net Debt	0.45	1.0	0.18	0.87	-0.13	0.38	0.25		0.51	0.28	0.43	0.27	0.49	0.0	0.17	0.32	-0.22	0.65	0.87	0.45	0.94	-0.18	-0.15	0.18	0.44	-0.06
Accounts Payable	0.88	0.54	0.67	0.81	0.58	0.74	0.29	0.51		0.59	0.79	0.58	0.82	0.04	0.32	0.87	0.44	0.6	0.85	0.89	0.42	-0.07	0.54	0.58	0.49	0.58
Cash	0.82	0.34	0.84	0.47	0.77	0.95	0.38	0.28	0.59		0.94	1.0	0.66	-0.21	0.43	0.86	0.6	0.17	0.55	0.79	0.17	-0.27	0.78	0.54	0.22	0.81
Non Current Assets Total	0.94	0.49	0.84	0.66	0.77	0.98	0.43	0.43	0.79	0.94		0.94	0.81	-0.2	0.49	0.93	0.54	0.34	0.74	0.91	0.3	-0.28	0.77	0.65	0.42	0.82
Cash And Short Term Investments	0.82	0.33	0.84	0.46	0.77	0.95	0.37	0.27	0.58	1.0	0.94		0.65	-0.21	0.43	0.86	0.61	0.16	0.55	0.79	0.16	-0.27	0.78	0.54	0.21	0.82
Net Receivables	0.95	0.52	0.72	0.71	0.75	0.73	0.49	0.49	0.82	0.66	0.81	0.65		-0.05	0.47	0.74	0.31	0.48	0.79	0.96	0.38	-0.14	0.72	0.78	0.72	0.76
Common Stock Shares Outstanding	-0.06	-0.02	0.2	0.21	-0.1	-0.27	-0.79	0.0	0.04	-0.21	-0.2	-0.21	-0.05		-0.84	-0.01	0.14	0.6	0.0	-0.04	0.32	0.93	-0.26	-0.11	-0.03	-0.3
Non Current Liabilities Total	0.45	0.19	0.14	0.08	0.41	0.49	0.86	0.17	0.32	0.43	0.49	0.43	0.47	-0.84		0.32	-0.03	-0.28	0.32	0.44	-0.17	-0.83	0.53	0.51	0.46	0.57
Inventory	0.91	0.37	0.84	0.65	0.77	0.92	0.26	0.32	0.87	0.86	0.93	0.86	0.74	-0.01	0.32		0.69	0.44	0.69	0.9	0.24	-0.07	0.74	0.56	0.28	0.77
Other Current Assets	0.5	-0.18	0.66	0.15	0.67	0.57	0.05	-0.22	0.44	0.6	0.54	0.61	0.31	0.14	-0.03	0.69		0.11	0.13	0.49	-0.18	0.12	0.62	0.36	-0.13	0.62
Other Stockholder Equity	0.47	0.65	0.38	0.81	0.07	0.24	-0.22	0.65	0.6	0.17	0.34	0.16	0.48	0.6	-0.28	0.44	0.11		0.71	0.49	0.77	0.5	-0.06	0.22	0.41	-0.03
Total Liab	0.8	0.89	0.54	0.97	0.3	0.68	0.34	0.87	0.85	0.55	0.74	0.55	0.79	0.0	0.32	0.69	0.13	0.71		0.8	0.78	-0.17	0.27	0.49	0.58	0.35
Total Current Assets	1.0	0.49	0.82	0.73	0.81	0.86	0.43	0.45	0.89	0.79	0.91	0.79	0.96	-0.04	0.44	0.9	0.49	0.49	0.8		0.34	-0.13	0.78	0.74	0.59	0.82
Short Term Debt	0.34	0.93	0.2	0.86	-0.21	0.24	-0.06	0.94	0.42	0.17	0.3	0.16	0.38	0.32	-0.17	0.24	-0.18	0.77	0.78	0.34		0.13	-0.28	0.06	0.34	-0.2
Common Stock	-0.15	-0.2	0.14	0.04	-0.08	-0.34	-0.81	-0.18	-0.07	-0.27	-0.28	-0.27	-0.14	0.93	-0.83	-0.07	0.12	0.5	-0.17	-0.13	0.13		-0.23	-0.16	-0.12	-0.29
Retained Earnings	0.79	-0.09	0.75	0.15	0.99	0.76	0.47	-0.15	0.54	0.78	0.77	0.78	0.72	-0.26	0.53	0.74	0.62	-0.06	0.27	0.78	-0.28	-0.23		0.68	0.32	0.99
Non Currrent Assets Other	0.74	0.21	0.62	0.38	0.7	0.55	0.4	0.18	0.58	0.54	0.65	0.54	0.78	-0.11	0.51	0.56	0.36	0.22	0.49	0.74	0.06	-0.16	0.68		0.75	0.71
Other Liab	0.57	0.44	0.36	0.5	0.35	0.26	0.3	0.44	0.49	0.22	0.42	0.21	0.72	-0.03	0.46	0.28	-0.13	0.41	0.58	0.59	0.34	-0.12	0.32	0.75		0.36
Net Tangible Assets	0.83	0.0	0.77	0.23	0.97	0.81	0.53	-0.06	0.58	0.81	0.82	0.82	0.76	-0.3	0.57	0.77	0.62	-0.03	0.35	0.82	-0.2	-0.29	0.99	0.71	0.36

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Prakash Steelage Account Relationship Matchups

Prakash Steelage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	378.6M	298.5M	374.2M	374.1M	403.6M	383.4M
Short Long Term Debt Total	2.4B	1.9B	339.6M	289.0M	3.1M	2.9M
Other Current Liab	321.0K	31.4M	30.9M	33.3M	55.2M	82.6M
Total Current Liabilities	3.0B	2.5B	913.0M	871.2M	319.6M	303.6M
Total Stockholder Equity	(2.7B)	(2.2B)	(542.8M)	(501.5M)	77.2M	81.0M
Property Plant And Equipment Net	108.2M	94.3M	63.3M	58.8M	58.7M	55.8M
Current Deferred Revenue	22.6M	54.2M	57.1M	1.9M	23.0M	21.8M
Net Debt	2.4B	1.9B	335.9M	281.3M	(447K)	(424.7K)
Accounts Payable	536.3M	488.8M	516.3M	522.3M	260.6M	247.6M
Cash	619.6K	2.6M	3.7M	7.7M	3.5M	3.3M
Non Current Assets Total	146.6M	98.4M	68.4M	75.5M	72.7M	69.1M
Cash And Short Term Investments	619.6K	2.6M	3.7M	15.5M	3.5M	3.3M
Net Receivables	118.8M	60.2M	39.1M	103.5M	120.1M	114.1M
Liabilities And Stockholders Equity	378.6M	298.5M	374.2M	374.1M	403.6M	383.4M
Non Current Liabilities Total	73.3M	8.9M	4.0M	4.5M	6.9M	6.5M
Inventory	112.5M	96.5M	199.4M	156.2M	176.3M	167.5M
Other Current Assets	83.5K	40.8M	63.6M	31.3M	31.0M	25.0M
Other Stockholder Equity	1.2B	1.2B	1.2B	996.9M	671.6M	880.0M
Total Liab	3.1B	2.5B	916.9M	875.7M	326.4M	310.1M
Total Current Assets	232.0M	200.1M	305.8M	298.6M	330.9M	314.4M
Accumulated Other Comprehensive Income	(220.8M)	(194.8M)	(208.2M)	325.3M	325.3M	0.0
Short Term Debt	2.4B	1.9B	339.6M	262.5M	1.5M	1.4M
Retained Earnings	(3.9B)	(3.3B)	(1.7B)	(1.3B)	(1.1B)	(1.1B)
Non Currrent Assets Other	(140.6M)	12.7M	12.0M	2.0M	3.7M	3.5M
Other Liab	71.9M	73.3M	8.9M	4.0M	3.6M	3.4M
Net Tangible Assets	(2.7B)	(2.7B)	(2.2B)	(542.8M)	(488.5M)	(512.9M)
Other Assets	6.0M	4.1M	5.1M	12.6M	11.3M	10.8M
Short Long Term Debt	2.4B	1.9B	339.6M	289.0M	1.4M	1.3M
Property Plant Equipment	108.2M	94.3M	63.3M	58.8M	52.9M	50.2M
Cash And Equivalents	619.6K	2.6M	3.7M	7.7M	8.8M	9.3M
Net Invested Capital	(254.0M)	(253.4M)	(203.2M)	(212.5M)	78.6M	82.5M
Net Working Capital	(2.8B)	(2.3B)	(607.2M)	(572.5M)	11.4M	11.9M

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Balance Sheet is a snapshot of the financial position of Prakash Steelage at a specified time, usually calculated after every quarter, six months, or one year. Prakash Steelage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prakash Steelage and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Prakash currently owns. An asset can also be divided into two categories, current and non-current.

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Prakash Net Debt vs Long Term Debt Analysis

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Debt

Prakash Steelage fundamental ratios Correlations

Prakash Steelage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Prakash Steelage fundamental ratios Accounts

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Other Information on Investing in Prakash Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Retained Earnings
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Non Current Liabilities Total	- 0.84	Common Stock Shares Outstanding
Common Stock	- 0.83	Non Current Liabilities Total
Common Stock	- 0.81	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.79	Current Deferred Revenue
Common Stock	- 0.34	Property Plant And Equipment Net
Net Tangible Assets	- 0.3	Common Stock Shares Outstanding