Venus Short Term Debt vs Non Current Liabilities Total Analysis

VENUSPIPES   1,590  9.70  0.61%   
Venus Pipes financial indicator trend analysis is much more than just breaking down Venus Pipes Tubes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venus Pipes Tubes is a good investment. Please check the relationship between Venus Pipes Short Term Debt 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 Venus Pipes Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Short Term Debt vs Non Current Liabilities Total

Short Term Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venus Pipes Tubes Short Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Venus Pipes' Short Term Debt and Non Current Liabilities Total is 0.85. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Venus Pipes Tubes, assuming nothing else is changed. The correlation between historical values of Venus Pipes' Short Term Debt 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 Short Term Debt of Venus Pipes Tubes 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 Short Term Debt i.e., Venus Pipes' Short Term Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Non Current Liabilities Total

Most indicators from Venus Pipes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venus Pipes Tubes 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 Venus Pipes Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The Venus Pipes' current Tax Provision is estimated to increase to about 311.5 M, while Selling General Administrative is projected to decrease to under 18.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense70.6M98.4M220.8M231.9M
Depreciation And Amortization14.3M19.7M117.7M123.6M

Venus Pipes fundamental ratios Correlations

0.890.770.990.990.990.080.991.00.960.40.990.950.640.96-0.470.710.871.00.50.990.890.990.910.88-0.47
0.890.810.870.90.870.180.880.890.830.410.870.80.620.84-0.280.70.960.890.520.870.990.890.780.97-0.27
0.770.810.710.80.70.670.720.780.620.530.70.560.720.74-0.520.80.710.780.740.710.870.750.530.86-0.51
0.990.870.710.970.99-0.011.00.990.990.260.990.970.520.98-0.460.610.860.980.451.00.850.990.960.82-0.51
0.990.90.80.970.980.140.970.990.930.490.980.910.70.94-0.470.770.861.00.530.970.910.980.870.91-0.43
0.990.870.70.990.98-0.030.980.980.980.391.00.970.620.95-0.370.690.870.990.390.990.860.980.930.84-0.46
0.080.180.67-0.010.14-0.030.030.1-0.140.4-0.03-0.220.420.05-0.480.440.030.110.73-0.020.30.07-0.220.32-0.22
0.990.880.721.00.970.980.030.990.980.260.980.960.520.98-0.510.610.860.980.511.00.861.00.950.83-0.48
1.00.890.780.990.990.980.10.990.970.340.980.950.590.98-0.50.670.860.990.520.990.890.990.930.86-0.51
0.960.830.620.990.930.98-0.140.980.970.190.980.990.450.97-0.380.550.860.950.330.990.80.970.980.76-0.52
0.40.410.530.260.490.390.40.260.340.190.390.170.950.190.00.880.370.430.270.270.50.320.030.570.07
0.990.870.70.990.981.0-0.030.980.980.980.390.970.620.95-0.380.690.870.990.390.990.860.980.930.84-0.46
0.950.80.560.970.910.97-0.220.960.950.990.170.970.410.95-0.340.50.830.930.260.980.770.950.990.73-0.46
0.640.620.720.520.70.620.420.520.590.450.950.620.410.44-0.130.990.590.660.390.520.690.560.290.73-0.2
0.960.840.740.980.940.950.050.980.980.970.190.950.950.44-0.530.540.810.960.480.980.840.970.960.81-0.54
-0.47-0.28-0.52-0.46-0.47-0.37-0.48-0.51-0.5-0.380.0-0.38-0.34-0.13-0.53-0.17-0.09-0.49-0.84-0.45-0.34-0.53-0.39-0.370.27
0.710.70.80.610.770.690.440.610.670.550.880.690.50.990.54-0.170.690.730.440.620.770.640.390.78-0.32
0.870.960.710.860.860.870.030.860.860.860.370.870.830.590.81-0.090.690.860.330.870.930.850.80.88-0.37
1.00.890.780.981.00.990.110.980.990.950.430.990.930.660.96-0.490.730.860.530.980.90.990.90.89-0.43
0.50.520.740.450.530.390.730.510.520.330.270.390.260.390.48-0.840.440.330.530.440.590.540.290.61-0.14
0.990.870.711.00.970.99-0.021.00.990.990.270.990.980.520.98-0.450.620.870.980.440.850.990.960.82-0.52
0.890.990.870.850.910.860.30.860.890.80.50.860.770.690.84-0.340.770.930.90.590.850.880.730.99-0.28
0.990.890.750.990.980.980.071.00.990.970.320.980.950.560.97-0.530.640.850.990.540.990.880.930.86-0.45
0.910.780.530.960.870.93-0.220.950.930.980.030.930.990.290.96-0.390.390.80.90.290.960.730.930.68-0.5
0.880.970.860.820.910.840.320.830.860.760.570.840.730.730.81-0.370.780.880.890.610.820.990.860.68-0.18
-0.47-0.27-0.51-0.51-0.43-0.46-0.22-0.48-0.51-0.520.07-0.46-0.46-0.2-0.540.27-0.32-0.37-0.43-0.14-0.52-0.28-0.45-0.5-0.18
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Venus Pipes Account Relationship Matchups

Venus Pipes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.4B2.5B5.1B7.6B8.0B
Short Long Term Debt Total430.7M378.9M639.6M904.6M1.5B759.2M
Other Current Liab380K46.1M55.9M66.6M59.6M42.1M
Total Current Liabilities708.5M781.6M1.0B1.6B3.1B3.2B
Total Stockholder Equity162.8M399.3M1.3B3.2B4.1B4.3B
Property Plant And Equipment Net154.2M195.3M286.1M1.8B3.0B3.1B
Current Deferred Revenue54.6M121.8M157.3M125.6M41.0M39.0M
Net Debt427.2M378.3M639.5M797.0M1.5B1.6B
Retained Earnings75.4M312.0M584.9M1.0B1.9B1.9B
Accounts Payable413M424.2M384.6M741.1M1.7B1.8B
Cash3.5M680K110K107.7M10.5M9.9M
Non Current Assets Total175.3M209.1M304.0M1.8B3.0B3.2B
Cash And Short Term Investments53.6M69.7M39.2M289.5M103.1M107.1M
Net Receivables10K450.7M735.2M704.9M1.8B1.9B
Short Term Investments50.0M69.1M39.1M181.9M92.6M84.1M
Liabilities And Stockholders Equity1.1B1.4B2.5B5.1B7.6B8.0B
Non Current Liabilities Total200.6M194.5M155.6M267.4M424.8M254.7M
Inventory442.8M441.8M934.6M1.7B2.3B2.4B
Other Current Assets400.3M203.6M1.2B575.4M393.0M523.9M
Total Liab909.2M976.1M1.2B1.9B3.5B3.7B
Total Current Assets896.6M1.2B2.2B3.2B4.6B2.3B
Short Term Debt240.9M190.9M494.7M657.7M1.2B1.2B

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Other Information on Investing in Venus Stock

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