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 Gross Profit and its Total Other Income Expense Net 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.
Gross Profit vs Total Other Income Expense Net
Gross Profit vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Visa Steel Limited Gross Profit account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Visa Steel's Gross Profit and Total Other Income Expense Net is 0.09. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net 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 Gross Profit and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Visa Steel Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Visa Steel's Gross Profit and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Visa Steel Limited minus its cost of goods sold. It is profit before Visa Steel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Total Other Income Expense Net
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 Profit | 2.9B | 3.2B | 2.3B | 3.6B | Total Revenue | 11.1B | 6.6B | 6.7B | 12.3B |
Visa Steel fundamental ratios Correlations
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Visa Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Visa Steel fundamental ratios Accounts
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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.