Steel Sale Purchase Of Stock vs Other Non Cash Items Analysis

SAIL Stock   117.11  0.83  0.71%   
Steel Authority financial indicator trend analysis is much more than just breaking down Steel Authority prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steel Authority is a good investment. Please check the relationship between Steel Authority Sale Purchase Of Stock and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Authority of. 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.

Sale Purchase Of Stock vs Other Non Cash Items

Sale Purchase Of Stock vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Authority Sale Purchase Of Stock account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Steel Authority's Sale Purchase Of Stock and Other Non Cash Items is 0.5. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Steel Authority of, assuming nothing else is changed. The correlation between historical values of Steel Authority's Sale Purchase Of Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Steel Authority of are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Sale Purchase Of Stock i.e., Steel Authority's Sale Purchase Of Stock and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Sale Purchase Of Stock

Other Non Cash Items

Most indicators from Steel Authority's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steel Authority 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Authority of. 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 drop to about 1.4 B in 2024. Tax Provision is likely to drop to about 7.4 B in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses853.4B1.0T686.5B503.8B
Gross Profit485.1B474.2B487.4B291.3B

Steel Authority fundamental ratios Correlations

0.570.920.870.55-0.350.590.280.510.240.640.470.940.680.230.980.690.530.970.710.980.35-0.62-0.780.230.82
0.570.520.390.32-0.210.420.390.390.020.390.550.60.010.120.510.50.290.530.490.52-0.03-0.38-0.420.120.63
0.920.520.670.53-0.610.490.290.480.280.570.310.960.530.250.930.740.460.910.790.930.47-0.78-0.570.250.74
0.870.390.670.540.020.61-0.090.390.270.620.420.650.740.240.830.320.630.820.330.830.28-0.27-0.850.240.52
0.550.320.530.54-0.520.89-0.290.130.350.790.40.470.080.60.460.010.930.460.050.530.83-0.56-0.30.60.32
-0.35-0.21-0.610.02-0.52-0.4-0.21-0.13-0.19-0.330.02-0.560.11-0.24-0.38-0.41-0.33-0.38-0.49-0.43-0.610.89-0.13-0.24-0.4
0.590.420.490.610.89-0.4-0.160.270.250.770.330.490.130.540.510.080.890.50.10.560.67-0.49-0.390.540.42
0.280.390.29-0.09-0.29-0.21-0.160.33-0.37-0.060.220.490.22-0.270.320.81-0.410.380.780.3-0.32-0.4-0.26-0.270.72
0.510.390.480.390.13-0.130.270.33-0.140.29-0.010.510.310.110.490.510.160.490.490.470.1-0.33-0.40.110.49
0.240.020.280.270.35-0.190.25-0.37-0.140.29-0.040.180.02-0.090.15-0.060.340.17-0.020.220.40.03-0.03-0.090.0
0.640.390.570.620.79-0.330.77-0.060.290.290.280.560.310.730.540.330.880.530.30.560.74-0.48-0.540.730.49
0.470.550.310.420.40.020.330.22-0.01-0.040.280.430.140.090.40.220.260.390.220.410.04-0.15-0.40.090.53
0.940.60.960.650.47-0.560.490.490.510.180.560.430.530.190.940.840.380.930.870.940.35-0.77-0.620.190.9
0.680.010.530.740.080.110.130.220.310.020.310.140.53-0.050.720.50.180.750.480.70.03-0.25-0.87-0.050.45
0.230.120.250.240.6-0.240.54-0.270.11-0.090.730.090.19-0.050.180.010.690.09-0.010.130.71-0.3-0.11.00.08
0.980.510.930.830.46-0.380.510.320.490.150.540.40.940.720.180.720.440.980.750.990.29-0.66-0.760.180.8
0.690.50.740.320.01-0.410.080.810.51-0.060.330.220.840.50.010.72-0.040.740.990.690.05-0.63-0.530.010.85
0.530.290.460.630.93-0.330.89-0.410.160.340.880.260.380.180.690.44-0.040.43-0.030.490.79-0.41-0.40.690.21
0.970.530.910.820.46-0.380.50.380.490.170.530.390.930.750.090.980.740.430.760.990.26-0.68-0.810.090.81
0.710.490.790.330.05-0.490.10.780.49-0.020.30.220.870.48-0.010.750.99-0.030.760.730.07-0.68-0.48-0.010.86
0.980.520.930.830.53-0.430.560.30.470.220.560.410.940.70.130.990.690.490.990.730.33-0.7-0.770.130.79
0.35-0.030.470.280.83-0.610.67-0.320.10.40.740.040.350.030.710.290.050.790.260.070.33-0.54-0.070.710.13
-0.62-0.38-0.78-0.27-0.560.89-0.49-0.4-0.330.03-0.48-0.15-0.77-0.25-0.3-0.66-0.63-0.41-0.68-0.68-0.7-0.540.28-0.3-0.64
-0.78-0.42-0.57-0.85-0.3-0.13-0.39-0.26-0.4-0.03-0.54-0.4-0.62-0.87-0.1-0.76-0.53-0.4-0.81-0.48-0.77-0.070.28-0.1-0.6
0.230.120.250.240.6-0.240.54-0.270.11-0.090.730.090.19-0.051.00.180.010.690.09-0.010.130.71-0.3-0.10.08
0.820.630.740.520.32-0.40.420.720.490.00.490.530.90.450.080.80.850.210.810.860.790.13-0.64-0.60.08
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Steel Authority Account Relationship Matchups

Steel Authority fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.2T1.2T1.3T1.4T886.1B
Other Current Liab174.4B170.8B139.2B134.7B147.9B136.8B
Total Current Liabilities449.6B465.0B393.4B493.3B534.6B309.4B
Total Stockholder Equity415.1B454.1B542.1B547.5B571.0B357.3B
Accounts Payable63.2B80.4B166.8B143.4B153.3B161.0B
Cash1.9B5.2B1.3B570.9M693.8M659.1M
Other Assets48.4B71.8B98.3B82.5B94.8B99.6B
Long Term Debt327.0B197.3B81.4B61.1B95.7B137.2B
Net Receivables126.6B101.4B66.5B53.9B83.6B63.6B
Short Term Investments446.6M661.2M664.5M17.6B756.7M718.9M
Inventory238.4B153.3B196.1B277.6B327.2B343.6B
Other Current Assets72.0B66.7B90.8B46.8B69.2B41.3B
Total Liab854.2B738.4B659.0B757.3B836.1B529.0B
Intangible Assets14.4B14.3B14.6B15.2B14.9B11.6B
Property Plant Equipment762.8B750.1B761.7B769.1B884.5B504.7B
Short Long Term Debt Total541.3B376.8B172.8B307.7B363.2B270.0B
Other Liab58.9B58.9B76.2B148.1B170.3B178.9B
Property Plant And Equipment Net763.4B750.7B762.3B769.1B770.3B555.5B
Net Debt539.4B371.6B171.5B307.2B362.5B209.4B
Non Current Assets Total858.0B870.6B912.2B924.9B925.7B623.1B
Non Currrent Assets Other27.5B42.4B45.6B82.5B94.1B98.8B
Cash And Short Term Investments2.4B5.8B2.0B18.1B1.5B1.4B
Liabilities And Stockholders Equity1.3T1.2T1.2T1.3T1.4T945.7B
Non Current Liabilities Total404.5B273.4B265.5B264.0B301.4B230.8B
Total Current Assets411.3B321.8B288.9B379.9B481.4B322.6B
Accumulated Other Comprehensive Income(431.9B)69.6B64.8B65.2B63.6B66.7B
Current Deferred Revenue191.2B139.8B167.8B115.4B16.2B15.4B
Retained Earnings297.9B340.8B433.6B489.8B463.8B310.3B
Short Term Debt195.7B179.5B55.4B199.2B215.2B110.2B
Net Tangible Assets382.0B400.7B439.8B527.5B606.7B449.4B
Short Long Term Debt192.4B158.5B52.5B195.5B210.3B163.7B
Long Term Debt Total345.6B197.3B117.4B108.5B97.6B174.0B
Capital Surpluse300.3B343.2B436.0B441.0B507.1B355.8B
Capital Lease Obligations21.8B18.2B39.0B51.1B57.2B31.8B
Cash And Equivalents195.3M4.8B487M570.9M656.5M996.5M

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