SAL Net Debt vs Retained Earnings Analysis

SALSTEEL

24.37 0.03 0.12%

SAL Steel financial indicator trend analysis is much more than just breaking down SAL Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAL Steel Limited is a good investment. Please check the relationship between SAL Steel Net Debt and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAL Steel 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 estimate.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAL Steel Limited Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between SAL Steel's Net Debt and Retained Earnings is 0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SAL Steel Limited, assuming nothing else is changed. The correlation between historical values of SAL Steel's Net Debt and Retained Earnings 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 SAL Steel Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., SAL Steel's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from SAL Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAL Steel Limited 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 SAL Steel 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 estimate.

As of November 28, 2024, Selling General Administrative is expected to decline to about 37.2 M. In addition to that, Tax Provision is expected to decline to about 1.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	1.9M	78.2M	127.3M	121.9M
Depreciation And Amortization	91.6M	95.4M	96.2M	101.6M

Interest Expense Depreciation And Amortization

SAL 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	Cash And Short Term Investments	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	Current Deferred Revenue	Net Receivables	Other Liab	Net Tangible Assets	Retained Earnings
Total Assets		0.21	0.24	0.0	0.9	0.94	0.45	0.83	0.95	0.65	0.82	0.35	0.38	0.45	0.1	-0.19	0.81	0.19	-0.17	0.24	0.45	-0.22	-0.05	-0.44	0.71	0.77
Short Long Term Debt Total	0.21		-0.24	0.1	0.02	0.15	0.91	0.31	0.1	-0.06	0.31	0.16	0.08	0.48	0.82	0.82	0.39	0.33	-0.08	0.53	0.13	-0.08	0.03	-0.22	-0.18	-0.11
Other Current Liab	0.24	-0.24		0.43	0.1	0.47	-0.32	0.21	0.49	0.4	0.22	0.05	-0.3	-0.14	-0.19	-0.11	0.34	-0.77	-0.06	0.29	-0.41	-0.3	-0.52	-0.66	0.03	0.07
Total Current Liabilities	0.0	0.1	0.43		-0.25	0.1	-0.19	-0.16	0.19	0.42	-0.17	0.13	-0.9	-0.24	0.17	0.48	0.33	-0.58	-0.01	0.71	-0.38	-0.13	-0.48	-0.7	-0.35	-0.28
Total Stockholder Equity	0.9	0.02	0.1	-0.25		0.8	0.3	0.73	0.8	0.46	0.74	0.11	0.51	0.5	0.0	-0.39	0.47	0.4	0.02	-0.07	0.49	-0.08	0.04	-0.15	0.92	0.94
Property Plant And Equipment Net	0.94	0.15	0.47	0.1	0.8		0.36	0.87	0.98	0.6	0.87	0.26	0.29	0.39	0.1	-0.19	0.82	-0.08	-0.08	0.35	0.26	-0.25	-0.23	-0.61	0.6	0.66
Net Debt	0.45	0.91	-0.32	-0.19	0.3	0.36		0.56	0.29	0.0	0.55	0.22	0.44	0.57	0.71	0.51	0.51	0.5	-0.11	0.33	0.39	-0.09	0.16	-0.1	0.09	0.15
Cash	0.83	0.31	0.21	-0.16	0.73	0.87	0.56		0.8	0.35	1.0	0.34	0.48	0.63	0.29	-0.14	0.68	0.09	-0.18	0.3	0.36	-0.03	-0.23	-0.46	0.48	0.51
Non Current Assets Total	0.95	0.1	0.49	0.19	0.8	0.98	0.29	0.8		0.72	0.79	0.29	0.21	0.36	0.02	-0.2	0.84	-0.11	-0.09	0.33	0.24	-0.24	-0.26	-0.63	0.61	0.66
Non Currrent Assets Other	0.65	-0.06	0.4	0.42	0.46	0.6	0.0	0.35	0.72		0.34	0.45	-0.14	0.18	-0.28	-0.13	0.69	-0.24	-0.22	0.2	0.11	-0.13	-0.37	-0.55	0.31	0.35
Cash And Short Term Investments	0.82	0.31	0.22	-0.17	0.74	0.87	0.55	1.0	0.79	0.34		0.35	0.49	0.65	0.28	-0.14	0.67	0.09	-0.19	0.29	0.35	-0.01	-0.23	-0.45	0.49	0.52
Common Stock Shares Outstanding	0.35	0.16	0.05	0.13	0.11	0.26	0.22	0.34	0.29	0.45	0.35		0.02	0.17	-0.01	-0.01	0.57	-0.1	-0.85	0.36	0.26	0.13	-0.09	-0.27	-0.12	-0.03
Non Current Liabilities Total	0.38	0.08	-0.3	-0.9	0.51	0.29	0.44	0.48	0.21	-0.14	0.49	0.02		0.36	-0.09	-0.45	0.1	0.57	-0.02	-0.51	0.51	-0.05	0.44	0.41	0.5	0.46
Inventory	0.45	0.48	-0.14	-0.24	0.5	0.39	0.57	0.63	0.36	0.18	0.65	0.17	0.36		0.38	0.13	0.24	0.28	-0.1	0.16	-0.01	0.52	-0.43	-0.12	0.39	0.37
Other Current Assets	0.1	0.82	-0.19	0.17	0.0	0.1	0.71	0.29	0.02	-0.28	0.28	-0.01	-0.09	0.38		0.76	0.19	0.24	-0.05	0.58	0.05	0.0	-0.1	-0.18	-0.15	-0.08
Other Stockholder Equity	-0.19	0.82	-0.11	0.48	-0.39	-0.19	0.51	-0.14	-0.2	-0.13	-0.14	-0.01	-0.45	0.13	0.76		0.12	0.01	0.01	0.63	-0.18	-0.11	-0.12	-0.3	-0.54	-0.46
Total Liab	0.81	0.39	0.34	0.33	0.47	0.82	0.51	0.68	0.84	0.69	0.67	0.57	0.1	0.24	0.19	0.12		-0.13	-0.36	0.57	0.26	-0.33	-0.15	-0.68	0.2	0.29
Total Current Assets	0.19	0.33	-0.77	-0.58	0.4	-0.08	0.5	0.09	-0.11	-0.24	0.09	-0.1	0.57	0.28	0.24	0.01	-0.13		0.11	-0.37	0.65	0.0	0.68	0.58	0.42	0.43
Common Stock	-0.17	-0.08	-0.06	-0.01	0.02	-0.08	-0.11	-0.18	-0.09	-0.22	-0.19	-0.85	-0.02	-0.1	-0.05	0.01	-0.36	0.11		-0.27	-0.14	-0.12	0.07	0.08	0.16	0.08
Short Term Debt	0.24	0.53	0.29	0.71	-0.07	0.35	0.33	0.3	0.33	0.2	0.29	0.36	-0.51	0.16	0.58	0.63	0.57	-0.37	-0.27		-0.27	-0.11	-0.4	-0.79	-0.31	-0.2
Accounts Payable	0.45	0.13	-0.41	-0.38	0.49	0.26	0.39	0.36	0.24	0.11	0.35	0.26	0.51	-0.01	0.05	-0.18	0.26	0.65	-0.14	-0.27		-0.31	0.63	0.26	0.34	0.39
Current Deferred Revenue	-0.22	-0.08	-0.3	-0.13	-0.08	-0.25	-0.09	-0.03	-0.24	-0.13	-0.01	0.13	-0.05	0.52	0.0	-0.11	-0.33	0.0	-0.12	-0.11	-0.31		-0.46	0.3	0.06	-0.01
Net Receivables	-0.05	0.03	-0.52	-0.48	0.04	-0.23	0.16	-0.23	-0.26	-0.37	-0.23	-0.09	0.44	-0.43	-0.1	-0.12	-0.15	0.68	0.07	-0.4	0.63	-0.46		0.54	0.1	0.12
Other Liab	-0.44	-0.22	-0.66	-0.7	-0.15	-0.61	-0.1	-0.46	-0.63	-0.55	-0.45	-0.27	0.41	-0.12	-0.18	-0.3	-0.68	0.58	0.08	-0.79	0.26	0.3	0.54		0.12	0.04
Net Tangible Assets	0.71	-0.18	0.03	-0.35	0.92	0.6	0.09	0.48	0.61	0.31	0.49	-0.12	0.5	0.39	-0.15	-0.54	0.2	0.42	0.16	-0.31	0.34	0.06	0.1	0.12		0.99
Retained Earnings	0.77	-0.11	0.07	-0.28	0.94	0.66	0.15	0.51	0.66	0.35	0.52	-0.03	0.46	0.37	-0.08	-0.46	0.29	0.43	0.08	-0.2	0.39	-0.01	0.12	0.04	0.99

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SAL Steel Account Relationship Matchups

SAL Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.0B	2.9B	2.8B	2.8B	2.8B
Short Long Term Debt Total	1.7B	1.5B	1.2B	1.5B	1.3B	1.5B
Other Current Liab	121.1M	86.2M	(102.7M)	605.6M	333.8M	380.4M
Total Current Liabilities	1.3B	1.2B	2.3B	895.3M	962.5M	1.8B
Total Stockholder Equity	146.7M	257.2M	371.4M	415.3M	409.8M	423.9M
Property Plant And Equipment Net	1.6B	1.6B	1.5B	1.4B	1.4B	1.8B
Net Debt	1.7B	1.5B	1.2B	1.2B	1.2B	1.3B
Cash	1.9M	8.7M	9.9M	2.2M	2.1M	2.0M
Non Current Assets Total	1.7B	1.6B	1.6B	1.4B	1.5B	1.9B
Non Currrent Assets Other	41.0M	44.1M	33.6M	2.2M	13.8M	13.2M
Cash And Short Term Investments	1.9M	8.7M	9.9M	9M	2.1M	2.0M
Liabilities And Stockholders Equity	3.1B	3.0B	2.9B	2.8B	2.8B	2.8B
Non Current Liabilities Total	1.7B	1.5B	229.7M	1.5B	1.5B	1.1B
Inventory	197.6M	321.7M	486.7M	586.7M	495.1M	411.9M
Other Current Assets	23.3M	119.8M	299.2M	44.6M	205.3M	125.9M
Other Stockholder Equity	287.8M	366.1M	364.8M	287.8M	363.1M	462.7M
Total Liab	3.0B	2.7B	2.5B	2.4B	2.4B	2.4B
Total Current Assets	1.4B	1.3B	1.3B	1.3B	1.4B	1.3B
Accumulated Other Comprehensive Income	(2.0B)	82.8M	84.0M	85.5M	(429.4M)	(450.9M)
Short Term Debt	196.4M	218.7M	895.8M	230.6M	15.0M	14.3M
Accounts Payable	668.2M	631.7M	471.4M	289.7M	393.3M	342.1M
Current Deferred Revenue	(196.4M)	86.2M	425.4M	230.6M	(15.0M)	(14.3M)
Net Receivables	1.2B	858.9M	549.1M	699.3M	662.5M	682.5M
Other Liab	233.9M	219.1M	222.7M	206.9M	237.9M	170.1M
Net Tangible Assets	145.0M	261.1M	377.8M	414.7M	476.9M	500.8M
Retained Earnings	(1.1B)	(958.6M)	(843.1M)	(807.7M)	(803.0M)	(843.1M)
Long Term Debt	1.5B	1.2B	0.0	1.3B	1.4B	921.3M
Short Long Term Debt	75.9M	109.9M	196.4M	2.3M	1.2B	0.0
Property Plant Equipment	1.6B	1.6B	1.5B	1.4B	1.3B	1.3B
Long Term Debt Total	1.5B	1.2B	0.0	1.3B	1.1B	1.0B
Non Current Liabilities Other	(1.2M)	4.5M	7.0M	10.0M	11.5M	12.0M
Cash And Equivalents	1.9M	8.7M	9.9M	2.2M	2.0M	1.9M
Net Invested Capital	1.8B	1.5B	1.6B	1.7B	1.7B	1.3B
Net Working Capital	117.1M	76.7M	(961.5M)	444.3M	402.6M	422.7M

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Other Information on Investing in SAL Stock

Balance Sheet is a snapshot of the financial position of SAL Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. SAL Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SAL Steel 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 SAL currently owns. An asset can also be divided into two categories, current and non-current.

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SAL Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

SAL Steel fundamental ratios Correlations

SAL Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SAL Steel fundamental ratios Accounts

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Other Information on Investing in SAL Stock

COMMON DESTINATIONS

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Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Net Tangible Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Non Current Assets Total	+ 0.95	Total Assets
Property Plant And Equipment Net	+ 0.94	Total Assets
Retained Earnings	+ 0.94	Total Stockholder Equity

Non Current Liabilities Total	- 0.9	Total Current Liabilities
Common Stock	- 0.85	Common Stock Shares Outstanding
Other Liab	- 0.79	Short Term Debt
Total Current Assets	- 0.77	Other Current Liab
Other Liab	- 0.7	Total Current Liabilities
Other Liab	- 0.68	Total Liab