Companhia Good Will vs Total Stockholder Equity Analysis
SID Stock | USD 1.96 0.04 2.00% |
Companhia Siderurgica financial indicator trend analysis is way more than just evaluating Companhia Siderurgica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Siderurgica is a good investment. Please check the relationship between Companhia Siderurgica Good Will and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Good Will vs Total Stockholder Equity
Good Will vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Siderurgica Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Companhia Siderurgica's Good Will and Total Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Companhia Siderurgica Nacional, assuming nothing else is changed. The correlation between historical values of Companhia Siderurgica's Good Will and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Companhia Siderurgica Nacional are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Companhia Siderurgica's Good Will and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Companhia Siderurgica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Siderurgica 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 Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Companhia Siderurgica's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 47.9B | 44.4B | 45.4B | 47.7B | Depreciation And Amortization | 2.2B | 2.9B | 3.4B | 3.5B |
Companhia Siderurgica fundamental ratios Correlations
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Companhia Siderurgica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Companhia Siderurgica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 50.9B | 63.0B | 79.4B | 85.4B | 91.5B | 96.1B | |
Short Long Term Debt Total | 28.4B | 35.8B | 33.1B | 41.6B | 45.6B | 47.9B | |
Other Current Liab | 1.5B | 1.9B | 2.5B | 2.8B | 8.6B | 9.1B | |
Total Current Liabilities | 11.6B | 14.7B | 24.5B | 22.5B | 25.0B | 26.3B | |
Total Stockholder Equity | 10.2B | 9.9B | 20.3B | 19.5B | 17.5B | 18.4B | |
Property Plant And Equipment Net | 19.7B | 19.7B | 21.5B | 26.4B | 27.9B | 29.3B | |
Net Debt | 27.4B | 25.9B | 16.5B | 29.6B | 29.5B | 15.6B | |
Accounts Payable | 4.1B | 5.4B | 10.9B | 12.3B | 7.8B | 8.2B | |
Cash | 1.1B | 9.9B | 16.6B | 12.0B | 16.0B | 16.8B | |
Non Current Assets Total | 38.1B | 39.6B | 44.4B | 54.7B | 58.5B | 61.4B | |
Non Currrent Assets Other | 5.1B | 4.9B | 6.1B | 7.3B | 14.6B | 15.4B | |
Cash And Short Term Investments | 3.7B | 13.7B | 19.3B | 13.4B | 17.5B | 18.4B | |
Net Receivables | 3.4B | 2.9B | 2.6B | 3.2B | 3.3B | 2.1B | |
Short Term Investments | 2.6B | 3.8B | 2.7B | 1.5B | 1.5B | 1.3B | |
Liabilities And Stockholders Equity | 50.9B | 63.0B | 79.4B | 85.4B | 91.5B | 96.1B | |
Non Current Liabilities Total | 27.9B | 37.0B | 31.5B | 41.1B | 46.8B | 24.0B | |
Inventory | 5.2B | 4.8B | 10.9B | 11.3B | 9.6B | 10.0B | |
Other Current Assets | 102.0M | 290.4M | 345.3M | 622.7M | 2.7B | 2.8B | |
Total Liab | 39.5B | 51.8B | 56.0B | 63.5B | 71.8B | 75.4B | |
Total Current Assets | 12.7B | 23.4B | 35.0B | 30.6B | 33.1B | 34.7B | |
Accumulated Other Comprehensive Income | 5.7B | 3.9B | 11.0B | 9.2B | 7.3B | 7.6B | |
Short Term Debt | 5.2B | 4.2B | 5.6B | 5.4B | 7.8B | 8.1B | |
Retained Earnings | 4.5B | 5.9B | 11.0B | 1.6B | 6.1B | 6.4B | |
Other Stockholder Equity | (4.5B) | (5.9B) | (12.0B) | (1.6B) | (6.1B) | (5.8B) | |
Other Liab | 4.6B | 5.4B | 3.9B | 4.8B | 5.5B | 3.1B | |
Other Assets | 7.5B | 8.8B | 11.1B | 8.0B | 1.0 | 0.95 | |
Long Term Debt | 22.8B | 31.1B | 27.0B | 35.7B | 37.2B | 39.1B | |
Property Plant Equipment | 19.7B | 19.7B | 21.5B | 26.4B | 30.3B | 31.8B | |
Current Deferred Revenue | 787.6M | 1.1B | 2.1B | 1.1B | 2.1B | 2.2B | |
Intangible Assets | 3.6B | 3.7B | 3.9B | 11.5T | 6.4B | 6.1B | |
Property Plant And Equipment Gross | 19.7B | 19.7B | 40.1B | 51.6B | 55.9B | 58.7B | |
Long Term Investments | 3.7B | 3.8B | 4.0B | 5.2B | 5.7B | 4.5B | |
Short Long Term Debt | 5.1B | 4.1B | 5.5B | 5.2B | 7.3B | 6.7B | |
Net Tangible Assets | 2.9B | 2.6B | 12.7B | 8.7B | 10.0B | 10.5B | |
Long Term Debt Total | 23.3B | 31.6B | 27.5B | 36.2B | 41.7B | 28.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Siderurgica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Siderurgica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 33.206 | Dividend Share 0.716 | Earnings Share (0.09) | Revenue Per Share 32.926 | Quarterly Revenue Growth (0.01) |
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.