Vardhman Current Deferred Revenue vs Other Current Liab Analysis

VSSL Stock   262.45  2.90  1.12%   
Vardhman Special financial indicator trend analysis is much more than just breaking down Vardhman Special Steels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vardhman Special Steels is a good investment. Please check the relationship between Vardhman Special Current Deferred Revenue and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vardhman Special Steels. 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.

Current Deferred Revenue vs Other Current Liab

Current Deferred Revenue vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vardhman Special Steels Current Deferred Revenue account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vardhman Special's Current Deferred Revenue and Other Current Liab is 0.48. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Vardhman Special Steels, assuming nothing else is changed. The correlation between historical values of Vardhman Special's Current Deferred Revenue and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Vardhman Special Steels are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Current Deferred Revenue i.e., Vardhman Special's Current Deferred Revenue and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Other Current Liab

Most indicators from Vardhman Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vardhman Special Steels 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 Vardhman Special Steels. 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.
Selling General Administrative is likely to gain to about 48.3 M in 2024, whereas Tax Provision is likely to drop slightly above 191.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.5B5.1B2.4B1.9B
Cost Of Revenue10.3B11.1B13.1B6.9B

Vardhman Special fundamental ratios Correlations

-0.180.050.620.890.86-0.10.670.93-0.370.86-0.16-0.170.90.16-0.150.90.55-0.060.50.950.720.060.07-0.560.69
-0.180.340.52-0.540.090.97-0.63-0.320.110.120.170.15-0.26-0.460.83-0.390.06-0.290.63-0.34-0.540.1-0.10.77-0.69
0.050.340.52-0.20.320.40.02-0.16-0.240.210.05-0.210.230.070.14-0.140.340.10.5-0.05-0.010.48-0.150.4-0.02
0.620.520.520.210.710.570.260.46-0.220.70.06-0.10.510.10.30.410.57-0.290.970.480.280.16-0.040.260.18
0.89-0.54-0.20.210.64-0.470.720.9-0.310.66-0.17-0.140.820.13-0.410.90.380.070.060.920.74-0.030.13-0.830.78
0.860.090.320.710.640.230.450.71-0.640.96-0.27-0.420.840.110.130.630.62-0.120.660.670.570.25-0.12-0.290.41
-0.10.970.40.57-0.470.23-0.59-0.23-0.120.230.09-0.01-0.14-0.440.85-0.320.16-0.320.69-0.29-0.490.15-0.140.75-0.64
0.67-0.630.020.260.720.45-0.590.64-0.190.47-0.04-0.230.640.69-0.760.680.39-0.120.10.710.93-0.210.06-0.590.92
0.93-0.32-0.160.460.90.71-0.230.64-0.410.68-0.22-0.20.830.11-0.20.970.51-0.060.330.960.64-0.030.09-0.630.68
-0.370.11-0.24-0.22-0.31-0.64-0.12-0.19-0.41-0.480.350.73-0.51-0.04-0.09-0.34-0.430.12-0.23-0.25-0.22-0.210.180.11-0.18
0.860.120.210.70.660.960.230.470.68-0.48-0.18-0.320.780.120.110.610.55-0.180.650.660.620.17-0.12-0.280.4
-0.160.170.050.06-0.17-0.270.09-0.04-0.220.35-0.180.64-0.36-0.04-0.18-0.18-0.38-0.13-0.02-0.12-0.09-0.260.710.29-0.13
-0.170.15-0.21-0.1-0.14-0.42-0.01-0.23-0.20.73-0.320.64-0.36-0.180.02-0.21-0.50.24-0.11-0.06-0.26-0.240.770.02-0.14
0.9-0.260.230.510.820.84-0.140.640.83-0.510.78-0.36-0.360.16-0.140.780.49-0.040.410.850.660.21-0.07-0.570.63
0.16-0.460.070.10.130.11-0.440.690.11-0.040.12-0.04-0.180.16-0.610.130.090.050.090.160.68-0.18-0.03-0.20.58
-0.150.830.140.3-0.410.130.85-0.76-0.2-0.090.11-0.180.02-0.14-0.61-0.31-0.04-0.110.47-0.29-0.610.32-0.180.51-0.71
0.9-0.39-0.140.410.90.63-0.320.680.97-0.340.61-0.18-0.210.780.13-0.310.53-0.030.270.960.65-0.020.05-0.620.75
0.550.060.340.570.380.620.160.390.51-0.430.55-0.38-0.50.490.09-0.040.53-0.060.480.470.37-0.05-0.35-0.050.42
-0.06-0.290.1-0.290.07-0.12-0.32-0.12-0.060.12-0.18-0.130.24-0.040.05-0.11-0.03-0.06-0.270.02-0.040.290.16-0.30.08
0.50.630.50.970.060.660.690.10.33-0.230.65-0.02-0.110.410.090.470.270.48-0.270.340.170.21-0.10.360.03
0.95-0.34-0.050.480.920.67-0.290.710.96-0.250.66-0.12-0.060.850.16-0.290.960.470.020.340.69-0.010.17-0.650.77
0.72-0.54-0.010.280.740.57-0.490.930.64-0.220.62-0.09-0.260.660.68-0.610.650.37-0.040.170.69-0.14-0.01-0.640.81
0.060.10.480.16-0.030.250.15-0.21-0.03-0.210.17-0.26-0.240.21-0.180.32-0.02-0.050.290.21-0.01-0.14-0.310.07-0.14
0.07-0.1-0.15-0.040.13-0.12-0.140.060.090.18-0.120.710.77-0.07-0.03-0.180.05-0.350.16-0.10.17-0.01-0.31-0.160.12
-0.560.770.40.26-0.83-0.290.75-0.59-0.630.11-0.280.290.02-0.57-0.20.51-0.62-0.05-0.30.36-0.65-0.640.07-0.16-0.68
0.69-0.69-0.020.180.780.41-0.640.920.68-0.180.4-0.13-0.140.630.58-0.710.750.420.080.030.770.81-0.140.12-0.68
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Vardhman Special Account Relationship Matchups

Vardhman Special fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B8.0B9.2B10.3B10.4B7.7B
Short Long Term Debt Total2.7B1.9B1.6B1.4B837.1M795.2M
Other Current Liab244.9M187.8M275.0M348.8M388.7M386.4M
Total Current Liabilities2.5B2.3B2.6B3.2B2.8B2.9B
Total Stockholder Equity4.1B4.6B5.5B6.4B7.2B3.7B
Property Plant And Equipment Net3.2B3.0B3.0B3.1B3.3B2.6B
Net Debt2.6B1.9B1.6B1.3B760.7M722.6M
Retained Earnings899.3M1.3B2.3B3.2B5.3B5.6B
Accounts Payable617.3M1.3B1.5B1.9B1.7B903.2M
Cash23.0M23.4M2.7M95.4M76.4M105.6M
Non Current Assets Total4.1B3.2B3.2B3.3B3.7B3.1B
Non Currrent Assets Other219.8M128.8M1K202.6M390.2M211.0M
Cash And Short Term Investments73.1M523.4M313.5M495.5M76.4M72.6M
Net Receivables1.8B2.3B2.2B2.6B2.6B2.0B
Liabilities And Stockholders Equity7.7B8.0B9.2B10.3B10.4B7.7B
Non Current Liabilities Total1.1B1.1B1.0B674.5M370.9M352.4M
Inventory1.5B1.9B3.0B3.6B3.6B2.1B
Other Current Assets204.2M92.3M288.3M332.5M452.7M251.5M
Other Stockholder Equity1.4B1.4B1.5B2.9B1.1B1.8B
Total Liab3.6B3.4B3.7B3.9B3.2B4.0B
Total Current Assets3.6B4.8B6.0B7.0B6.7B4.7B
Accumulated Other Comprehensive Income(1.1B)1.4B1.4B1.4B17.6M18.5M
Common Stock403.9M405.1M405.6M406.3M814.6M855.3M
Current Deferred Revenue222.9M109.4M242.5M240.0M6.2M5.9M
Short Term Investments50.0M500M310.8M400.1M224.9M187.0M
Short Term Debt1.6B799.2M821.7M990.6M690.3M1.2B
Other Liab16.1M22.7M232.3M226.6M260.6M273.6M
Net Tangible Assets3.6B4.1B4.6B5.5B6.4B3.5B
Other Assets869.3M251.8M221.1M202.6M(69.3M)(65.9M)
Long Term Debt1.1B1.1B788.9M440.3M141.0M133.9M
Short Long Term Debt1.6B598.6M820.3M989.0M688.4M926.3M
Property Plant Equipment3.2B3.0B3.0B3.1B3.5B3.1B
Long Term Debt Total1.1B1.1B798.0M447.9M403.1M383.0M
Intangible Assets2.5M1.3M847K431K376K357.2K
Non Current Liabilities Other2.3M1.9M4.6M4.8M4.3M3.1M
Capital Surpluse1.4B1.5B1.5B1.5B1.7B1.4B
Net Invested Capital6.8B6.3B7.2B7.9B8.0B7.7B
Net Working Capital1.2B2.5B3.3B3.8B3.8B2.8B
Capital Stock403.9M405.1M405.6M406.3M814.6M512.1M

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