Visa Cost Of Revenue vs Income Before Tax Analysis

VISASTEEL   33.46  1.77  5.02%   
Visa Steel financial indicator trend analysis is much more than just breaking down Visa Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa Steel Limited is a good investment. Please check the relationship between Visa Steel Cost Of Revenue and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Visa Steel 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 state.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Visa Steel Limited Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Visa Steel's Cost Of Revenue and Income Before Tax is -0.31. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Visa Steel Limited, assuming nothing else is changed. The correlation between historical values of Visa Steel's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Visa Steel Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Visa Steel's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Visa Steel Limited income statement and represents the costs associated with goods and services Visa Steel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Visa Steel income statement and is an important metric when analyzing Visa Steel Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Visa Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visa Steel 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 Visa Steel 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 state.
As of November 26, 2024, Selling General Administrative is expected to decline to about 10.5 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Gross Profit2.9B3.2B2.3B3.6B
Total Revenue11.1B6.6B6.7B12.3B

Visa Steel fundamental ratios Correlations

0.56-0.160.030.280.980.550.55-0.090.990.25-0.06-0.39-0.08-0.650.880.760.160.510.670.720.31-0.630.270.350.77
0.56-0.290.66-0.550.651.0-0.23-0.640.63-0.06-0.62-0.570.29-0.680.360.070.040.490.950.03-0.46-0.170.8-0.510.33
-0.16-0.290.2-0.15-0.2-0.280.480.11-0.180.160.03-0.310.31-0.07-0.310.080.04-0.56-0.070.010.190.08-0.3-0.11-0.25
0.030.660.2-0.890.150.68-0.31-0.660.13-0.3-0.64-0.520.48-0.46-0.36-0.330.230.20.67-0.43-0.690.20.8-0.88-0.39
0.28-0.55-0.15-0.890.17-0.560.60.660.190.340.620.35-0.450.210.510.560.00.08-0.450.60.78-0.34-0.720.990.44
0.980.65-0.20.150.170.650.43-0.231.00.15-0.19-0.460.01-0.710.820.640.130.60.740.590.19-0.550.390.230.7
0.551.0-0.280.68-0.560.65-0.24-0.660.63-0.08-0.64-0.580.31-0.680.350.050.040.490.950.01-0.48-0.160.81-0.520.31
0.55-0.230.48-0.310.60.43-0.240.50.460.470.45-0.07-0.22-0.160.490.850.29-0.090.050.790.71-0.54-0.430.660.43
-0.09-0.640.11-0.660.66-0.23-0.660.5-0.210.480.950.73-0.690.490.110.390.0-0.32-0.550.490.72-0.31-0.690.680.17
0.990.63-0.180.130.191.00.630.46-0.210.17-0.17-0.460.01-0.710.830.650.120.590.730.60.22-0.560.360.250.71
0.25-0.060.16-0.30.340.15-0.080.470.480.170.320.14-0.18-0.20.360.510.09-0.120.040.530.5-0.09-0.410.390.33
-0.06-0.620.03-0.640.62-0.19-0.640.450.95-0.170.320.81-0.840.540.120.370.01-0.35-0.570.50.73-0.46-0.540.650.18
-0.39-0.57-0.31-0.520.35-0.46-0.58-0.070.73-0.460.140.81-0.830.72-0.17-0.05-0.02-0.29-0.670.090.4-0.19-0.320.36-0.12
-0.080.290.310.48-0.450.010.31-0.22-0.690.01-0.18-0.84-0.83-0.42-0.24-0.32-0.050.220.32-0.46-0.590.680.15-0.5-0.25
-0.65-0.68-0.07-0.460.21-0.71-0.68-0.160.49-0.71-0.20.540.72-0.42-0.4-0.23-0.09-0.49-0.77-0.150.170.06-0.470.2-0.28
0.880.36-0.31-0.360.510.820.350.490.110.830.360.12-0.17-0.24-0.40.77-0.060.320.410.80.47-0.65-0.020.580.96
0.760.070.08-0.330.560.640.050.850.390.650.510.37-0.05-0.32-0.230.770.360.040.260.970.56-0.67-0.20.650.7
0.160.040.040.230.00.130.040.290.00.120.090.01-0.02-0.05-0.09-0.060.360.130.160.29-0.09-0.10.180.01-0.18
0.510.49-0.560.20.080.60.49-0.09-0.320.59-0.12-0.35-0.290.22-0.490.320.040.130.47-0.01-0.20.090.380.030.16
0.670.95-0.070.67-0.450.740.950.05-0.550.730.04-0.57-0.670.32-0.770.410.260.160.470.18-0.33-0.250.7-0.40.35
0.720.030.01-0.430.60.590.010.790.490.60.530.50.09-0.46-0.150.80.970.29-0.010.180.64-0.72-0.250.690.78
0.31-0.460.19-0.690.780.19-0.480.710.720.220.50.730.4-0.590.170.470.56-0.09-0.2-0.330.64-0.58-0.620.820.46
-0.63-0.170.080.2-0.34-0.55-0.16-0.54-0.31-0.56-0.09-0.46-0.190.680.06-0.65-0.67-0.10.09-0.25-0.72-0.58-0.1-0.44-0.63
0.270.8-0.30.8-0.720.390.81-0.43-0.690.36-0.41-0.54-0.320.15-0.47-0.02-0.20.180.380.7-0.25-0.62-0.1-0.69-0.08
0.35-0.51-0.11-0.880.990.23-0.520.660.680.250.390.650.36-0.50.20.580.650.010.03-0.40.690.82-0.44-0.690.53
0.770.33-0.25-0.390.440.70.310.430.170.710.330.18-0.12-0.25-0.280.960.7-0.180.160.350.780.46-0.63-0.080.53
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Visa Steel Account Relationship Matchups

Visa Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.7B18.5B17.7B10.7B10.3B9.8B
Short Long Term Debt Total35.0B34.9B34.8B13.9B14.1B25.8B
Other Current Liab1.0B6.1B6.1B3.8B4.0B2.7B
Total Current Liabilities35.9B41.8B41.8B17.9B18.3B21.7B
Total Stockholder Equity(11.5B)(23.5B)(24.3B)(7.7B)(8.4B)(8.0B)
Property Plant And Equipment Net29.7B17.4B16.6B10.0B9.6B9.1B
Net Debt34.9B34.8B34.7B13.9B13.8B25.2B
Accounts Payable1.2B886.6M650.0M423.4M493.6M468.9M
Cash73.5M81.3M105.6M380K256.8M494.8M
Non Current Assets Total29.8B17.5B16.7B10.1B9.8B9.3B
Non Currrent Assets Other(5.7B)(1.7B)(1.6B)(10.0B)119.3M125.3M
Cash And Short Term Investments94.1M81.3M136.2M214.6M380K361K
Short Term Investments20.5M21.5M30.6M214.2M119.3M113.4M
Liabilities And Stockholders Equity30.7B18.5B17.7B10.7B10.3B9.8B
Non Current Liabilities Total6.3B217.0M181.1M466.2M417.6M396.7M
Inventory328.0M348.2M305.6M77.8M170.1M161.6M
Other Current Assets431.9M298.2M396.9M345.4M367.8M414.7M
Other Stockholder Equity11.9B13.3B1.7B1.7B6.3B5.9B
Total Liab42.1B42.0B42.0B18.4B18.8B34.1B
Total Current Assets853.9M1.0B975.6M579.4M571.1M542.6M
Accumulated Other Comprehensive Income(4.3B)(5.6B)(6.9B)4.7B(9.6B)(9.1B)
Intangible Assets1.7M1.4M1.2M490K441K419.0K
Current Deferred Revenue4.9B4.8B5.0B2.1B194.9M185.2M
Retained Earnings(19.0B)(30.9B)(31.8B)(15.2B)(15.9B)(16.6B)
Net Receivables261.2M142.8M133.3M82.4M32.9M31.2M
Short Term Debt28.8B34.7B34.7B13.5B13.7B18.8B
Other Liab59.2M73.7M61.1M26.9M30.9M45.4M
Net Tangible Assets(11.5B)(23.5B)(24.3B)(7.7B)(6.9B)(7.3B)
Other Assets63.8M16.1M15M10K9K8.6K
Short Long Term Debt28.7B7.6B34.7B13.5B13.7B19.9B
Property Plant Equipment29.7B17.4B16.6B10.0B9.0B8.5B
Long Term Debt Total6.0B0.0120.0M439.3M395.4M375.6M
Cash And Equivalents94.1M102.0M136.2M208.7M187.9M137.5M
Capital Lease Obligations236.2M164.3M143.3M471.0M439.3M293.9M
Net Invested Capital23.3B(15.8B)10.3B5.8B5.2B9.4B
Net Working Capital(35.0B)(40.7B)(40.8B)(17.4B)(17.8B)(18.7B)

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Other Information on Investing in Visa Stock

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