Vulcan Net Borrowings vs Net Income Analysis

VSL Stock

7.25 0.07 0.97%

Vulcan Steel financial indicator trend analysis is much more than just breaking down Vulcan Steel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vulcan Steel is a good investment. Please check the relationship between Vulcan Steel Net Borrowings and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vulcan Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Borrowings vs Net Income

Net Borrowings vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vulcan Steel Net Borrowings account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Vulcan Steel's Net Borrowings and Net Income is 0.5. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Net Income in the same time period over historical financial statements of Vulcan Steel, assuming nothing else is changed. The correlation between historical values of Vulcan Steel's Net Borrowings and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Vulcan Steel are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Borrowings i.e., Vulcan Steel's Net Borrowings and Net Income go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Vulcan Steel financial statement analysis. It represents the amount of money remaining after all of Vulcan Steel operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Vulcan Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vulcan Steel 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 Vulcan Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 27 M in 2024, whereas Selling General Administrative is likely to drop slightly above 104.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	3.6K	35.6M	263K	249.9K
Tax Provision	51.7M	37M	18.9M	27.0M

Interest Income Tax Provision

Vulcan Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.97	0.59	0.65	0.83	0.94	0.93	-0.9	0.96	0.8	0.87	0.95	0.93	-0.49	0.54	0.97	0.95	0.96	0.83	0.55	0.93	0.96	0.97	0.18	0.13	1.0
Short Long Term Debt Total	0.97		0.58	0.57	0.82	0.89	0.99	-0.96	1.0	0.81	0.84	0.92	0.99	-0.52	0.51	0.94	0.92	0.92	0.92	0.55	0.92	1.0	0.94	0.35	0.12	0.97
Other Current Liab	0.59	0.58		0.72	0.7	0.71	0.48	-0.63	0.54	0.66	0.61	0.66	0.48	-0.23	0.45	0.59	0.66	0.73	0.39	0.22	0.53	0.55	0.7	-0.13	0.72	0.56
Total Current Liabilities	0.65	0.57	0.72		0.44	0.71	0.48	-0.55	0.55	0.38	0.83	0.57	0.48	-0.26	0.24	0.58	0.57	0.81	0.4	0.27	0.61	0.55	0.68	-0.17	0.13	0.66
Total Stockholder Equity	0.83	0.82	0.7	0.44		0.8	0.73	-0.75	0.8	1.0	0.53	0.83	0.73	-0.44	0.57	0.91	0.83	0.83	0.61	0.5	0.8	0.8	0.91	-0.1	0.42	0.79
Net Tangible Assets	0.94	0.89	0.71	0.71	0.8		0.84	-0.85	0.88	0.75	0.83	0.95	0.84	-0.61	0.35	0.9	0.95	0.92	0.72	0.68	0.9	0.88	0.92	0.02	0.26	0.93
Property Plant And Equipment Net	0.93	0.99	0.48	0.48	0.73	0.84		-0.96	0.99	0.73	0.82	0.88	1.0	-0.54	0.45	0.88	0.88	0.85	0.97	0.55	0.88	0.99	0.87	0.49	0.05	0.93
Current Deferred Revenue	-0.9	-0.96	-0.63	-0.55	-0.75	-0.85	-0.96		-0.95	-0.74	-0.85	-0.9	-0.96	0.55	-0.48	-0.83	-0.9	-0.86	-0.95	-0.51	-0.89	-0.96	-0.86	-0.46	-0.26	-0.9
Net Debt	0.96	1.0	0.54	0.55	0.8	0.88	0.99	-0.95		0.79	0.83	0.9	0.99	-0.52	0.5	0.94	0.9	0.91	0.93	0.55	0.91	1.0	0.93	0.37	0.07	0.96
Retained Earnings	0.8	0.81	0.66	0.38	1.0	0.75	0.73	-0.74	0.79		0.48	0.8	0.73	-0.41	0.58	0.9	0.8	0.79	0.61	0.48	0.78	0.79	0.89	-0.06	0.4	0.76
Accounts Payable	0.87	0.84	0.61	0.83	0.53	0.83	0.82	-0.85	0.83	0.48		0.81	0.81	-0.38	0.43	0.74	0.81	0.88	0.79	0.37	0.8	0.83	0.8	0.3	0.09	0.89
Cash	0.95	0.92	0.66	0.57	0.83	0.95	0.88	-0.9	0.9	0.8	0.81		0.87	-0.55	0.53	0.9	1.0	0.88	0.79	0.59	0.91	0.91	0.91	0.15	0.36	0.95
Non Current Assets Total	0.93	0.99	0.48	0.48	0.73	0.84	1.0	-0.96	0.99	0.73	0.81	0.87		-0.54	0.45	0.89	0.87	0.85	0.97	0.56	0.89	0.99	0.87	0.48	0.04	0.93
Non Currrent Assets Other	-0.49	-0.52	-0.23	-0.26	-0.44	-0.61	-0.54	0.55	-0.52	-0.41	-0.38	-0.55	-0.54		0.36	-0.46	-0.55	-0.42	-0.55	-0.97	-0.73	-0.52	-0.43	-0.03	0.0	-0.49
Other Assets	0.54	0.51	0.45	0.24	0.57	0.35	0.45	-0.48	0.5	0.58	0.43	0.53	0.45	0.36		0.55	0.53	0.52	0.38	-0.32	0.31	0.5	0.57	0.2	0.42	0.53
Long Term Debt	0.97	0.94	0.59	0.58	0.91	0.9	0.88	-0.83	0.94	0.9	0.74	0.9	0.89	-0.46	0.55		0.9	0.94	0.75	0.55	0.89	0.94	0.99	0.06	0.13	0.95
Cash And Short Term Investments	0.95	0.92	0.66	0.57	0.83	0.95	0.88	-0.9	0.9	0.8	0.81	1.0	0.87	-0.55	0.53	0.9		0.88	0.79	0.59	0.91	0.91	0.91	0.15	0.36	0.95
Net Receivables	0.96	0.92	0.73	0.81	0.83	0.92	0.85	-0.86	0.91	0.79	0.88	0.88	0.85	-0.42	0.52	0.94	0.88		0.74	0.47	0.88	0.91	0.98	0.05	0.17	0.95
Good Will	0.83	0.92	0.39	0.4	0.61	0.72	0.97	-0.95	0.93	0.61	0.79	0.79	0.97	-0.55	0.38	0.75	0.79	0.74		0.51	0.84	0.93	0.75	0.64	0.02	0.84
Common Stock Shares Outstanding	0.55	0.55	0.22	0.27	0.5	0.68	0.55	-0.51	0.55	0.48	0.37	0.59	0.56	-0.97	-0.32	0.55	0.59	0.47	0.51		0.75	0.55	0.51	-0.09	-0.07	0.55
Long Term Debt Total	0.93	0.92	0.53	0.61	0.8	0.9	0.88	-0.89	0.91	0.78	0.8	0.91	0.89	-0.73	0.31	0.89	0.91	0.88	0.84	0.75		0.91	0.89	0.12	0.09	0.93
Non Current Liabilities Total	0.96	1.0	0.55	0.55	0.8	0.88	0.99	-0.96	1.0	0.79	0.83	0.91	0.99	-0.52	0.5	0.94	0.91	0.91	0.93	0.55	0.91		0.93	0.37	0.09	0.96
Inventory	0.97	0.94	0.7	0.68	0.91	0.92	0.87	-0.86	0.93	0.89	0.8	0.91	0.87	-0.43	0.57	0.99	0.91	0.98	0.75	0.51	0.89	0.93		0.04	0.21	0.95
Other Current Assets	0.18	0.35	-0.13	-0.17	-0.1	0.02	0.49	-0.46	0.37	-0.06	0.3	0.15	0.48	-0.03	0.2	0.06	0.15	0.05	0.64	-0.09	0.12	0.37	0.04		-0.14	0.21
Other Stockholder Equity	0.13	0.12	0.72	0.13	0.42	0.26	0.05	-0.26	0.07	0.4	0.09	0.36	0.04	0.0	0.42	0.13	0.36	0.17	0.02	-0.07	0.09	0.09	0.21	-0.14		0.09
Total Liab	1.0	0.97	0.56	0.66	0.79	0.93	0.93	-0.9	0.96	0.76	0.89	0.95	0.93	-0.49	0.53	0.95	0.95	0.95	0.84	0.55	0.93	0.96	0.95	0.21	0.09

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Vulcan Steel Account Relationship Matchups

Vulcan Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	556.3M	580.8M	717.3M	1.0B	905.3M	705.5M
Other Current Liab	5.1M	11.9M	42.2M	24.1M	20.7M	21.3M
Total Current Liabilities	126.4M	184.2M	190.2M	191.2M	169.4M	183.2M
Total Stockholder Equity	135.0M	85.9M	167.1M	185.9M	172.1M	156.5M
Net Tangible Assets	120.8M	140.8M	172.5M	170.9M	196.5M	154.1M
Retained Earnings	120.6M	69.2M	141.8M	163.6M	147.8M	135.7M
Accounts Payable	95.2M	147.0M	135.4M	142.8M	123.5M	128.7M
Cash	14.2M	10.2M	21.7M	20.3M	24.1M	15.6M
Long Term Debt	124.3M	80M	190.3M	360M	299.9M	191.5M
Cash And Short Term Investments	14.2M	10.2M	21.7M	20.3M	24.1M	15.6M
Net Receivables	95.7M	119.2M	141.6M	169.3M	143.4M	136.9M
Good Will	11.6M	11.6M	10.6M	12.0M	12.0M	12.2M
Common Stock Shares Outstanding	131.3M	131.4M	131.4M	131.4M	151.1M	144.5M
Long Term Debt Total	294.9M	261.6M	399.2M	627.1M	721.1M	757.2M
Liabilities And Stockholders Equity	556.3M	580.8M	717.3M	1.0B	905.3M	705.5M
Inventory	189.2M	191.0M	318.6M	437.7M	360.6M	290.9M
Other Stockholder Equity	2.6M	(5.7M)	16.0M	(2.2M)	2.0	1.9
Total Liab	421.3M	494.9M	550.2M	818.3M	733.4M	548.2M
Total Current Assets	299.1M	330.1M	486.6M	633.3M	533.3M	447.8M
Cash And Equivalents	14.2M	10.2M	24.0M	20.3M	23.4M	14.3M
Intangible Assets	2.5M	13.3M	920.8K	3.0M	1.4M	1.3M
Common Stock	11.9M	12.0M	10.8M	12.0M	13.8M	12.7M
Property Plant Equipment	237.7M	230.8M	236.9M	347.2M	399.3M	215.6M

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