Visa Interest Income vs Reconciled Depreciation 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 Interest Income and its Reconciled Depreciation 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.

Interest Income vs Reconciled Depreciation

Interest Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Visa Steel Limited Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Visa Steel's Interest Income and Reconciled Depreciation is 0.46. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Reconciled Depreciation 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 Interest Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Visa Steel Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Interest Income i.e., Visa Steel's Interest Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Reconciled Depreciation

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.