Companhia Total Assets vs Non Current Liabilities Total Analysis
SID Stock | USD 2.03 0.04 2.01% |
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 Total Assets and its Non Current Liabilities Total 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.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Siderurgica Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Companhia Siderurgica's Total Assets and Non Current Liabilities Total is 0.6. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Companhia Siderurgica Nacional are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Companhia Siderurgica's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Companhia Siderurgica assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Companhia Siderurgica books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Current Liabilities Total
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
Click cells to compare fundamentals
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 |
Also Currently Popular
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.