Vardhman Net Debt vs Cash And Short Term Investments 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 Net Debt and its Cash And Short Term Investments 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vardhman Special Steels Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Vardhman Special's Net Debt and Cash And Short Term Investments is -0.01. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Net Debt and Cash And Short Term Investments 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 Debt of Vardhman Special Steels are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Vardhman Special's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Vardhman Special Steels balance sheet. This account contains Vardhman Special investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Vardhman Special Steels fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expenses	1.5B	5.1B	2.4B	1.9B
Cost Of Revenue	10.3B	11.1B	13.1B	6.9B

Total Operating Expenses Cost Of Revenue

Vardhman Special fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Short Term Debt	Other Liab
Total Assets		-0.18	0.05	0.62	0.89	0.86	-0.1	0.67	0.93	-0.37	0.86	-0.16	-0.17	0.9	0.16	-0.15	0.9	0.55	-0.06	0.5	0.95	0.72	0.06	0.07	-0.56	0.69
Short Long Term Debt Total	-0.18		0.34	0.52	-0.54	0.09	0.97	-0.63	-0.32	0.11	0.12	0.17	0.15	-0.26	-0.46	0.83	-0.39	0.06	-0.29	0.63	-0.34	-0.54	0.1	-0.1	0.77	-0.69
Other Current Liab	0.05	0.34		0.52	-0.2	0.32	0.4	0.02	-0.16	-0.24	0.21	0.05	-0.21	0.23	0.07	0.14	-0.14	0.34	0.1	0.5	-0.05	-0.01	0.48	-0.15	0.4	-0.02
Total Current Liabilities	0.62	0.52	0.52		0.21	0.71	0.57	0.26	0.46	-0.22	0.7	0.06	-0.1	0.51	0.1	0.3	0.41	0.57	-0.29	0.97	0.48	0.28	0.16	-0.04	0.26	0.18
Total Stockholder Equity	0.89	-0.54	-0.2	0.21		0.64	-0.47	0.72	0.9	-0.31	0.66	-0.17	-0.14	0.82	0.13	-0.41	0.9	0.38	0.07	0.06	0.92	0.74	-0.03	0.13	-0.83	0.78
Property Plant And Equipment Net	0.86	0.09	0.32	0.71	0.64		0.23	0.45	0.71	-0.64	0.96	-0.27	-0.42	0.84	0.11	0.13	0.63	0.62	-0.12	0.66	0.67	0.57	0.25	-0.12	-0.29	0.41
Net Debt	-0.1	0.97	0.4	0.57	-0.47	0.23		-0.59	-0.23	-0.12	0.23	0.09	-0.01	-0.14	-0.44	0.85	-0.32	0.16	-0.32	0.69	-0.29	-0.49	0.15	-0.14	0.75	-0.64
Retained Earnings	0.67	-0.63	0.02	0.26	0.72	0.45	-0.59		0.64	-0.19	0.47	-0.04	-0.23	0.64	0.69	-0.76	0.68	0.39	-0.12	0.1	0.71	0.93	-0.21	0.06	-0.59	0.92
Accounts Payable	0.93	-0.32	-0.16	0.46	0.9	0.71	-0.23	0.64		-0.41	0.68	-0.22	-0.2	0.83	0.11	-0.2	0.97	0.51	-0.06	0.33	0.96	0.64	-0.03	0.09	-0.63	0.68
Cash	-0.37	0.11	-0.24	-0.22	-0.31	-0.64	-0.12	-0.19	-0.41		-0.48	0.35	0.73	-0.51	-0.04	-0.09	-0.34	-0.43	0.12	-0.23	-0.25	-0.22	-0.21	0.18	0.11	-0.18
Non Current Assets Total	0.86	0.12	0.21	0.7	0.66	0.96	0.23	0.47	0.68	-0.48		-0.18	-0.32	0.78	0.12	0.11	0.61	0.55	-0.18	0.65	0.66	0.62	0.17	-0.12	-0.28	0.4
Non Currrent Assets Other	-0.16	0.17	0.05	0.06	-0.17	-0.27	0.09	-0.04	-0.22	0.35	-0.18		0.64	-0.36	-0.04	-0.18	-0.18	-0.38	-0.13	-0.02	-0.12	-0.09	-0.26	0.71	0.29	-0.13
Cash And Short Term Investments	-0.17	0.15	-0.21	-0.1	-0.14	-0.42	-0.01	-0.23	-0.2	0.73	-0.32	0.64		-0.36	-0.18	0.02	-0.21	-0.5	0.24	-0.11	-0.06	-0.26	-0.24	0.77	0.02	-0.14
Net Receivables	0.9	-0.26	0.23	0.51	0.82	0.84	-0.14	0.64	0.83	-0.51	0.78	-0.36	-0.36		0.16	-0.14	0.78	0.49	-0.04	0.41	0.85	0.66	0.21	-0.07	-0.57	0.63
Common Stock Shares Outstanding	0.16	-0.46	0.07	0.1	0.13	0.11	-0.44	0.69	0.11	-0.04	0.12	-0.04	-0.18	0.16		-0.61	0.13	0.09	0.05	0.09	0.16	0.68	-0.18	-0.03	-0.2	0.58
Non Current Liabilities Total	-0.15	0.83	0.14	0.3	-0.41	0.13	0.85	-0.76	-0.2	-0.09	0.11	-0.18	0.02	-0.14	-0.61		-0.31	-0.04	-0.11	0.47	-0.29	-0.61	0.32	-0.18	0.51	-0.71
Inventory	0.9	-0.39	-0.14	0.41	0.9	0.63	-0.32	0.68	0.97	-0.34	0.61	-0.18	-0.21	0.78	0.13	-0.31		0.53	-0.03	0.27	0.96	0.65	-0.02	0.05	-0.62	0.75
Other Current Assets	0.55	0.06	0.34	0.57	0.38	0.62	0.16	0.39	0.51	-0.43	0.55	-0.38	-0.5	0.49	0.09	-0.04	0.53		-0.06	0.48	0.47	0.37	-0.05	-0.35	-0.05	0.42
Other Stockholder Equity	-0.06	-0.29	0.1	-0.29	0.07	-0.12	-0.32	-0.12	-0.06	0.12	-0.18	-0.13	0.24	-0.04	0.05	-0.11	-0.03	-0.06		-0.27	0.02	-0.04	0.29	0.16	-0.3	0.08
Total Liab	0.5	0.63	0.5	0.97	0.06	0.66	0.69	0.1	0.33	-0.23	0.65	-0.02	-0.11	0.41	0.09	0.47	0.27	0.48	-0.27		0.34	0.17	0.21	-0.1	0.36	0.03
Total Current Assets	0.95	-0.34	-0.05	0.48	0.92	0.67	-0.29	0.71	0.96	-0.25	0.66	-0.12	-0.06	0.85	0.16	-0.29	0.96	0.47	0.02	0.34		0.69	-0.01	0.17	-0.65	0.77
Common Stock	0.72	-0.54	-0.01	0.28	0.74	0.57	-0.49	0.93	0.64	-0.22	0.62	-0.09	-0.26	0.66	0.68	-0.61	0.65	0.37	-0.04	0.17	0.69		-0.14	-0.01	-0.64	0.81
Current Deferred Revenue	0.06	0.1	0.48	0.16	-0.03	0.25	0.15	-0.21	-0.03	-0.21	0.17	-0.26	-0.24	0.21	-0.18	0.32	-0.02	-0.05	0.29	0.21	-0.01	-0.14		-0.31	0.07	-0.14
Short Term Investments	0.07	-0.1	-0.15	-0.04	0.13	-0.12	-0.14	0.06	0.09	0.18	-0.12	0.71	0.77	-0.07	-0.03	-0.18	0.05	-0.35	0.16	-0.1	0.17	-0.01	-0.31		-0.16	0.12
Short Term Debt	-0.56	0.77	0.4	0.26	-0.83	-0.29	0.75	-0.59	-0.63	0.11	-0.28	0.29	0.02	-0.57	-0.2	0.51	-0.62	-0.05	-0.3	0.36	-0.65	-0.64	0.07	-0.16		-0.68
Other Liab	0.69	-0.69	-0.02	0.18	0.78	0.41	-0.64	0.92	0.68	-0.18	0.4	-0.13	-0.14	0.63	0.58	-0.71	0.75	0.42	0.08	0.03	0.77	0.81	-0.14	0.12	-0.68

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Vardhman Special Account Relationship Matchups

Vardhman Special fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	8.0B	9.2B	10.3B	10.4B	7.7B
Short Long Term Debt Total	2.7B	1.9B	1.6B	1.4B	837.1M	795.2M
Other Current Liab	244.9M	187.8M	275.0M	348.8M	388.7M	386.4M
Total Current Liabilities	2.5B	2.3B	2.6B	3.2B	2.8B	2.9B
Total Stockholder Equity	4.1B	4.6B	5.5B	6.4B	7.2B	3.7B
Property Plant And Equipment Net	3.2B	3.0B	3.0B	3.1B	3.3B	2.6B
Net Debt	2.6B	1.9B	1.6B	1.3B	760.7M	722.6M
Retained Earnings	899.3M	1.3B	2.3B	3.2B	5.3B	5.6B
Accounts Payable	617.3M	1.3B	1.5B	1.9B	1.7B	903.2M
Cash	23.0M	23.4M	2.7M	95.4M	76.4M	105.6M
Non Current Assets Total	4.1B	3.2B	3.2B	3.3B	3.7B	3.1B
Non Currrent Assets Other	219.8M	128.8M	1K	202.6M	390.2M	211.0M
Cash And Short Term Investments	73.1M	523.4M	313.5M	495.5M	76.4M	72.6M
Net Receivables	1.8B	2.3B	2.2B	2.6B	2.6B	2.0B
Liabilities And Stockholders Equity	7.7B	8.0B	9.2B	10.3B	10.4B	7.7B
Non Current Liabilities Total	1.1B	1.1B	1.0B	674.5M	370.9M	352.4M
Inventory	1.5B	1.9B	3.0B	3.6B	3.6B	2.1B
Other Current Assets	204.2M	92.3M	288.3M	332.5M	452.7M	251.5M
Other Stockholder Equity	1.4B	1.4B	1.5B	2.9B	1.1B	1.8B
Total Liab	3.6B	3.4B	3.7B	3.9B	3.2B	4.0B
Total Current Assets	3.6B	4.8B	6.0B	7.0B	6.7B	4.7B
Accumulated Other Comprehensive Income	(1.1B)	1.4B	1.4B	1.4B	17.6M	18.5M
Common Stock	403.9M	405.1M	405.6M	406.3M	814.6M	855.3M
Current Deferred Revenue	222.9M	109.4M	242.5M	240.0M	6.2M	5.9M
Short Term Investments	50.0M	500M	310.8M	400.1M	224.9M	187.0M
Short Term Debt	1.6B	799.2M	821.7M	990.6M	690.3M	1.2B
Other Liab	16.1M	22.7M	232.3M	226.6M	260.6M	273.6M
Net Tangible Assets	3.6B	4.1B	4.6B	5.5B	6.4B	3.5B
Other Assets	869.3M	251.8M	221.1M	202.6M	(69.3M)	(65.9M)
Long Term Debt	1.1B	1.1B	788.9M	440.3M	141.0M	133.9M
Short Long Term Debt	1.6B	598.6M	820.3M	989.0M	688.4M	926.3M
Property Plant Equipment	3.2B	3.0B	3.0B	3.1B	3.5B	3.1B
Long Term Debt Total	1.1B	1.1B	798.0M	447.9M	403.1M	383.0M
Intangible Assets	2.5M	1.3M	847K	431K	376K	357.2K
Non Current Liabilities Other	2.3M	1.9M	4.6M	4.8M	4.3M	3.1M
Capital Surpluse	1.4B	1.5B	1.5B	1.5B	1.7B	1.4B
Net Invested Capital	6.8B	6.3B	7.2B	7.9B	8.0B	7.7B
Net Working Capital	1.2B	2.5B	3.3B	3.8B	3.8B	2.8B
Capital Stock	403.9M	405.1M	405.6M	406.3M	814.6M	512.1M

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Vardhman Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Vardhman Special fundamental ratios Correlations

Vardhman Special Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Vardhman Special fundamental ratios Accounts

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Additional Tools for Vardhman Stock Analysis

COMMON DESTINATIONS

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COMPANY

Net Debt	+ 0.97	Short Long Term Debt Total
Total Liab	+ 0.97	Total Current Liabilities
Inventory	+ 0.97	Accounts Payable
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Total Current Assets	+ 0.96	Accounts Payable
Total Current Assets	+ 0.96	Inventory

Short Term Debt	- 0.83	Total Stockholder Equity
Non Current Liabilities Total	- 0.76	Retained Earnings
Other Liab	- 0.71	Non Current Liabilities Total
Other Liab	- 0.69	Short Long Term Debt Total
Other Liab	- 0.68	Short Term Debt
Short Term Debt	- 0.65	Total Current Assets