Steelcast Non Currrent Assets Other vs Retained Earnings Analysis

STEELCAS

838.65 17.65 2.15%

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

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steelcast Limited Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Steelcast's Non Currrent Assets Other and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Steelcast Limited, assuming nothing else is changed. The correlation between historical values of Steelcast's Non Currrent Assets Other 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 Non Currrent Assets Other of Steelcast 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 Non Currrent Assets Other i.e., Steelcast's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 Steelcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steelcast 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 Steelcast 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 bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 389.6 M. The current year's Tax Provision is expected to grow to about 313.1 M

	2022	2023	2024	2025 (projected)
Interest Expense	24.1M	12.8M	11.5M	10.9M
Depreciation And Amortization	181.4M	179.2M	206.1M	107.0M

Interest Expense Depreciation And Amortization

Steelcast 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Intangible Assets	Current Deferred Revenue	Retained Earnings	Short Term Investments
Total Assets		-0.19	0.52	0.26	0.69	0.85	-0.17	0.63	-0.25	0.9	0.63	0.53	0.61	0.75	-0.33	0.6	0.32	-0.13	-0.04	0.91	0.75	-0.24	-0.07	-0.23	0.61	0.57
Short Long Term Debt Total	-0.19		-0.33	0.65	-0.71	0.23	1.0	-0.42	0.54	0.12	-0.57	-0.55	-0.71	-0.22	0.81	-0.18	0.12	0.09	0.86	-0.44	0.08	0.91	0.23	-0.12	-0.75	-0.68
Other Current Liab	0.52	-0.33		0.01	0.62	0.31	-0.35	0.33	0.03	0.39	0.76	0.74	0.63	0.24	-0.25	0.25	-0.08	-0.21	-0.05	0.55	0.22	-0.33	-0.38	-0.42	0.63	0.66
Total Current Liabilities	0.26	0.65	0.01		-0.21	0.47	0.66	0.25	0.2	0.37	-0.15	-0.29	-0.14	0.14	0.25	0.5	0.43	0.08	0.82	0.1	0.33	0.76	0.3	0.05	-0.32	-0.32
Total Stockholder Equity	0.69	-0.71	0.62	-0.21		0.42	-0.69	0.54	-0.57	0.5	0.91	0.83	0.9	0.65	-0.71	0.41	0.08	-0.1	-0.45	0.74	0.45	-0.74	-0.2	-0.27	0.98	0.94
Property Plant And Equipment Net	0.85	0.23	0.31	0.47	0.42		0.24	0.27	-0.06	0.99	0.35	0.29	0.26	0.75	0.03	0.37	0.32	0.11	0.32	0.56	0.88	0.1	0.11	-0.34	0.29	0.28
Net Debt	-0.17	1.0	-0.35	0.66	-0.69	0.24		-0.39	0.48	0.13	-0.57	-0.57	-0.71	-0.18	0.78	-0.16	0.14	0.12	0.85	-0.43	0.11	0.91	0.26	-0.11	-0.74	-0.67
Accounts Payable	0.63	-0.42	0.33	0.25	0.54	0.27	-0.39		-0.51	0.33	0.43	0.2	0.62	0.44	-0.67	0.9	0.58	-0.17	-0.24	0.79	0.32	-0.26	0.02	0.38	0.48	0.34
Cash	-0.25	0.54	0.03	0.2	-0.57	-0.06	0.48	-0.51		-0.11	-0.38	-0.15	-0.41	-0.6	0.85	-0.35	-0.23	-0.26	0.61	-0.34	-0.35	0.47	-0.28	-0.09	-0.53	-0.44
Non Current Assets Total	0.9	0.12	0.39	0.37	0.5	0.99	0.13	0.33	-0.11		0.44	0.39	0.33	0.77	-0.05	0.37	0.29	0.07	0.21	0.64	0.87	-0.01	0.06	-0.37	0.39	0.38
Non Currrent Assets Other	0.63	-0.57	0.76	-0.15	0.91	0.35	-0.57	0.43	-0.38	0.44		0.92	0.82	0.47	-0.55	0.34	-0.04	-0.29	-0.31	0.7	0.29	-0.6	-0.4	-0.53	0.94	0.95
Cash And Short Term Investments	0.53	-0.55	0.74	-0.29	0.83	0.29	-0.57	0.2	-0.15	0.39	0.92		0.78	0.32	-0.35	0.07	-0.3	-0.32	-0.27	0.58	0.16	-0.64	-0.45	-0.58	0.89	0.95
Net Receivables	0.61	-0.71	0.63	-0.14	0.9	0.26	-0.71	0.62	-0.41	0.33	0.82	0.78		0.44	-0.7	0.51	0.04	-0.28	-0.41	0.77	0.25	-0.66	-0.3	-0.06	0.91	0.85
Common Stock Shares Outstanding	0.75	-0.22	0.24	0.14	0.65	0.75	-0.18	0.44	-0.6	0.77	0.47	0.32	0.44		-0.49	0.38	0.35	0.44	-0.18	0.6	0.92	-0.29	0.41	-0.16	0.53	0.47
Non Current Liabilities Total	-0.33	0.81	-0.25	0.25	-0.71	0.03	0.78	-0.67	0.85	-0.05	-0.55	-0.35	-0.7	-0.49		-0.5	-0.2	-0.09	0.72	-0.53	-0.2	0.63	-0.05	-0.19	-0.7	-0.59
Inventory	0.6	-0.18	0.25	0.5	0.41	0.37	-0.16	0.9	-0.35	0.37	0.34	0.07	0.51	0.38	-0.5		0.63	-0.27	0.03	0.71	0.34	-0.01	-0.06	0.32	0.32	0.19
Other Current Assets	0.32	0.12	-0.08	0.43	0.08	0.32	0.14	0.58	-0.23	0.29	-0.04	-0.3	0.04	0.35	-0.2	0.63		0.1	0.13	0.29	0.4	0.14	0.27	0.47	-0.05	-0.2
Other Stockholder Equity	-0.13	0.09	-0.21	0.08	-0.1	0.11	0.12	-0.17	-0.26	0.07	-0.29	-0.32	-0.28	0.44	-0.09	-0.27	0.1		-0.01	-0.29	0.46	0.08	0.87	0.14	-0.21	-0.22
Total Liab	-0.04	0.86	-0.05	0.82	-0.45	0.32	0.85	-0.24	0.61	0.21	-0.31	-0.27	-0.41	-0.18	0.72	0.03	0.13	-0.01		-0.27	0.09	0.81	0.13	-0.16	-0.51	-0.44
Total Current Assets	0.91	-0.44	0.55	0.1	0.74	0.56	-0.43	0.79	-0.34	0.64	0.7	0.58	0.77	0.6	-0.53	0.71	0.29	-0.29	-0.27		0.5	-0.41	-0.18	-0.05	0.7	0.64
Common Stock	0.75	0.08	0.22	0.33	0.45	0.88	0.11	0.32	-0.35	0.87	0.29	0.16	0.25	0.92	-0.2	0.34	0.4	0.46	0.09	0.5		-0.05	0.42	-0.16	0.3	0.26
Short Term Debt	-0.24	0.91	-0.33	0.76	-0.74	0.1	0.91	-0.26	0.47	-0.01	-0.6	-0.64	-0.66	-0.29	0.63	-0.01	0.14	0.08	0.81	-0.41	-0.05		0.26	0.01	-0.78	-0.73
Intangible Assets	-0.07	0.23	-0.38	0.3	-0.2	0.11	0.26	0.02	-0.28	0.06	-0.4	-0.45	-0.3	0.41	-0.05	-0.06	0.27	0.87	0.13	-0.18	0.42	0.26		0.3	-0.31	-0.34
Current Deferred Revenue	-0.23	-0.12	-0.42	0.05	-0.27	-0.34	-0.11	0.38	-0.09	-0.37	-0.53	-0.58	-0.06	-0.16	-0.19	0.32	0.47	0.14	-0.16	-0.05	-0.16	0.01	0.3		-0.34	-0.49
Retained Earnings	0.61	-0.75	0.63	-0.32	0.98	0.29	-0.74	0.48	-0.53	0.39	0.94	0.89	0.91	0.53	-0.7	0.32	-0.05	-0.21	-0.51	0.7	0.3	-0.78	-0.31	-0.34		0.98
Short Term Investments	0.57	-0.68	0.66	-0.32	0.94	0.28	-0.67	0.34	-0.44	0.38	0.95	0.95	0.85	0.47	-0.59	0.19	-0.2	-0.22	-0.44	0.64	0.26	-0.73	-0.34	-0.49	0.98

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Steelcast Account Relationship Matchups

Steelcast fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	2.8B	3.1B	3.2B	3.7B	2.2B
Short Long Term Debt Total	231.1M	628.0M	236.5M	832K	748.8K	711.4K
Other Current Liab	12.2M	126.0M	164.0M	196.9M	226.4M	237.8M
Total Current Liabilities	429.6M	1.1B	816.1M	444.0M	510.5M	678.2M
Total Stockholder Equity	1.3B	1.6B	2.2B	2.7B	3.1B	3.3B
Property Plant And Equipment Net	1.1B	1.2B	1.4B	1.4B	1.6B	1.1B
Net Debt	230.4M	626.8M	233.9M	781K	702.9K	667.8K
Accounts Payable	140.1M	356.9M	411.4M	246.2M	283.1M	184.5M
Cash	661K	1.2M	2.5M	51K	45.9K	43.6K
Non Current Assets Total	1.1B	1.3B	1.6B	1.6B	1.8B	1.2B
Cash And Short Term Investments	661K	1.2M	84.6M	287.4M	330.5M	347.1M
Net Receivables	513.7M	751.6M	789.6M	933.2M	1.1B	1.1B
Liabilities And Stockholders Equity	1.9B	2.8B	3.1B	3.2B	3.7B	2.2B
Non Current Liabilities Total	205.2M	77.7M	82.2M	96.3M	86.7M	82.4M
Inventory	256.3M	615.7M	509.1M	323.0M	371.4M	311.6M
Other Current Assets	55.9M	888.9M	916.4M	114.2M	131.3M	124.7M
Total Liab	634.8M	1.2B	898.4M	540.3M	621.3M	1.1B
Total Current Assets	829.8M	1.5B	1.5B	1.7B	1.9B	1.0B
Short Term Debt	142.7M	628.0M	236.5M	832K	748.8K	711.4K
Intangible Assets	11.5M	6.6M	3.5M	2.3M	2.7M	2.5M
Current Deferred Revenue	133.5M	124.5M	158.5M	318K	365.7K	347.4K
Retained Earnings	414.7M	692.5M	1.3B	2.4B	2.8B	2.9B
Short Term Investments	14.1M	20.2M	82.1M	287.4M	330.5M	347.0M
Other Liab	96.1M	158.4M	116.8M	77.7M	69.9M	96.4M
Net Tangible Assets	1.1B	1.2B	1.3B	1.6B	1.8B	1.3B
Other Assets	121.3M	104.4M	(1K)	1.0	0.9	0.86
Net Invested Capital	1.5B	2.2B	2.4B	2.7B	3.1B	2.2B
Short Long Term Debt	142.7M	628.0M	236.5M	832K	748.8K	711.4K
Non Current Liabilities Other	(3K)	(1K)	20.3M	(2K)	(1.8K)	(1.7K)
Net Working Capital	400.2M	388.6M	661.2M	1.2B	1.4B	1.5B
Property Plant Equipment	1.1B	1.1B	979.1M	1.1B	1.0B	886.3M
Property Plant And Equipment Gross	1.7B	2.0B	1.4B	1.4B	1.2B	1.3B

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Other Information on Investing in Steelcast Stock

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

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Steelcast Non Currrent Assets Other vs Retained Earnings Analysis

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Retained Earnings

Steelcast fundamental ratios Correlations

Steelcast Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steelcast fundamental ratios Accounts

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Other Information on Investing in Steelcast Stock

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Retained Earnings	+ 0.98	Total Stockholder Equity
Short Term Investments	+ 0.98	Retained Earnings
Short Term Investments	+ 0.95	Non Currrent Assets Other
Short Term Investments	+ 0.95	Cash And Short Term Investments

Retained Earnings	- 0.78	Short Term Debt
Retained Earnings	- 0.75	Short Long Term Debt Total
Retained Earnings	- 0.74	Net Debt
Short Term Debt	- 0.74	Total Stockholder Equity
Short Term Investments	- 0.73	Short Term Debt
Net Receivables	- 0.71	Net Debt