Shyam Change To Liabilities vs Change To Inventory Analysis

SHYAMMETL   821.75  8.70  1.07%   
Shyam Metalics financial indicator trend analysis is much more than just breaking down Shyam Metalics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shyam Metalics is a good investment. Please check the relationship between Shyam Metalics Change To Liabilities and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyam Metalics and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Change To Liabilities vs Change To Inventory

Change To Liabilities vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shyam Metalics Change To Liabilities account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Shyam Metalics' Change To Liabilities and Change To Inventory is -0.81. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Shyam Metalics and, assuming nothing else is changed. The correlation between historical values of Shyam Metalics' Change To Liabilities and Change To 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 Change To Liabilities of Shyam Metalics and are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Liabilities i.e., Shyam Metalics' Change To Liabilities and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Liabilities

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Shyam Metalics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shyam Metalics 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 Shyam Metalics and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Shyam Metalics' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense154.3M931.3M846.4M482.3M
Depreciation And Amortization2.7B4.6B6.6B3.3B

Shyam Metalics fundamental ratios Correlations

0.270.971.00.990.970.260.190.970.990.420.980.17-0.160.970.70.960.98-0.060.990.230.920.850.830.260.84
0.270.380.30.190.34-0.020.980.180.180.290.270.190.390.190.130.090.170.750.23-0.710.020.470.280.83-0.06
0.970.380.980.960.940.190.30.950.950.450.960.25-0.030.910.760.940.91-0.040.950.140.840.860.820.40.75
1.00.30.980.990.970.240.220.970.980.450.980.2-0.120.970.720.960.97-0.050.990.220.90.860.850.310.82
0.990.190.960.990.940.240.090.990.990.450.970.19-0.130.970.730.980.97-0.170.990.330.910.820.850.220.84
0.970.340.940.970.940.290.290.890.950.310.990.08-0.290.940.630.890.950.090.920.040.940.820.740.230.87
0.26-0.020.190.240.240.290.00.220.21-0.120.25-0.75-0.360.310.050.310.340.160.230.090.290.280.27-0.390.1
0.190.980.30.220.090.290.00.070.120.080.220.180.280.09-0.010.010.090.840.14-0.77-0.010.40.150.77-0.08
0.970.180.950.970.990.890.220.070.960.530.930.22-0.010.960.760.980.95-0.240.990.390.850.820.880.260.76
0.990.180.950.980.990.950.210.120.960.330.980.26-0.210.950.670.970.96-0.110.980.320.940.810.80.230.87
0.420.290.450.450.450.31-0.120.080.530.330.290.10.570.510.690.380.43-0.260.480.110.150.440.630.440.1
0.980.270.960.980.970.990.250.220.930.980.290.16-0.260.930.640.930.95-0.010.940.150.950.810.740.220.89
0.170.190.250.20.190.08-0.750.180.220.260.10.160.340.070.160.180.06-0.080.240.160.060.180.160.630.13
-0.160.39-0.03-0.12-0.13-0.29-0.360.28-0.01-0.210.57-0.260.34-0.170.1-0.15-0.24-0.06-0.07-0.06-0.50.060.170.62-0.54
0.970.190.910.970.970.940.310.090.960.950.510.930.07-0.170.710.941.0-0.110.970.290.910.820.860.180.82
0.70.130.760.720.730.630.05-0.010.760.670.690.640.160.10.710.710.67-0.40.710.240.560.720.790.230.48
0.960.090.940.960.980.890.310.010.980.970.380.930.18-0.150.940.710.94-0.240.970.450.890.780.820.160.79
0.980.170.910.970.970.950.340.090.950.960.430.950.06-0.241.00.670.94-0.080.970.290.930.810.840.140.85
-0.060.75-0.04-0.05-0.170.090.160.84-0.24-0.11-0.26-0.01-0.08-0.06-0.11-0.4-0.24-0.08-0.13-0.79-0.110.14-0.120.42-0.15
0.990.230.950.990.990.920.230.140.990.980.480.940.24-0.070.970.710.970.97-0.130.340.880.850.880.30.79
0.23-0.710.140.220.330.040.09-0.770.390.320.110.150.16-0.060.290.240.450.29-0.790.340.270.020.3-0.350.24
0.920.020.840.90.910.940.29-0.010.850.940.150.950.06-0.50.910.560.890.93-0.110.880.270.670.64-0.040.97
0.850.470.860.860.820.820.280.40.820.810.440.810.180.060.820.720.780.810.140.850.020.670.930.40.55
0.830.280.820.850.850.740.270.150.880.80.630.740.160.170.860.790.820.84-0.120.880.30.640.930.320.51
0.260.830.40.310.220.23-0.390.770.260.230.440.220.630.620.180.230.160.140.420.3-0.35-0.040.40.32-0.09
0.84-0.060.750.820.840.870.1-0.080.760.870.10.890.13-0.540.820.480.790.85-0.150.790.240.970.550.51-0.09
Click cells to compare fundamentals

Shyam Metalics Account Relationship Matchups

Shyam Metalics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.5B54.2B84.3B111.9B144.2B151.5B
Short Long Term Debt Total7.0B8.0B5.4B11.6B6.0B6.9B
Other Current Liab2.2B3.9B4.0B10.2B9.7B10.2B
Total Current Liabilities8.8B14.3B21.5B29.8B36.7B38.6B
Total Stockholder Equity19.6B36.3B58.3B71.6B96.5B101.3B
Property Plant And Equipment Net10.4B23.1B32.2B57.1B78.2B82.1B
Current Deferred Revenue(8.9B)(6.8B)5.3B3.9B711.3M746.9M
Net Debt7.0B6.3B4.5B10.9B5.6B6.4B
Retained Earnings14.5B28.1B43.5B50.9B60.7B63.8B
Accounts Payable5.8B3.7B11.9B15.4B23.7B24.9B
Cash32.8M1.6B899.5M747.8M394.2M503.1M
Non Current Assets Total21.1B26.8B37.5B68.9B93.4B98.0B
Non Currrent Assets Other9.6B2.8B100K2.1B2.3B2.1B
Cash And Short Term Investments353.4M4.9B9.7B7.9B13.0B13.7B
Net Receivables1.6B6.2B3.8B6.1B7.1B4.1B
Short Term Investments320.6M3.3B8.8B7.2B12.6B13.2B
Liabilities And Stockholders Equity33.5B54.2B84.3B111.9B144.2B151.5B
Non Current Liabilities Total5.2B3.5B4.4B6.6B4.3B4.9B
Inventory7.8B10.3B20.6B22.1B28.1B29.5B
Other Current Assets2.9B1.8B4.4B1.4B2.7B2.9B
Total Liab13.9B17.8B25.9B36.4B41.1B20.9B
Total Current Assets12.4B27.4B46.7B43.0B50.9B25.5B
Accumulated Other Comprehensive Income4.1B4.2B4.5B10.4B11.6B12.1B
Short Term Debt7.6B6.7B4.1B8.3B3.2B5.0B
Intangible Assets1.9M6.5M50.9M18.5M965.2M1.0B
Long Term Debt3.2B1.2B1.3B3.3B2.7B2.3B
Net Invested Capital26.6B44.2B63.7B83.1B102.3B56.8B
Short Long Term Debt3.8B6.7B4.1B8.2B3.2B4.8B
Non Current Liabilities Other1.6B2.0B1.7B2.0B2.3M2.2M
Net Working Capital3.6B13.1B25.2B13.2B14.2B11.5B
Capital Lease Obligations39.6M65.9M93.7M87.2M94.7M70.1M

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Other Information on Investing in Shyam Stock

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