Vibhor Cash vs Net Receivables Analysis

VSTL Stock   210.90  1.85  0.87%   
Vibhor Steel financial indicator trend analysis is much more than just breaking down Vibhor Steel Tubes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vibhor Steel Tubes is a good investment. Please check the relationship between Vibhor Steel Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vibhor Steel Tubes. 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.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vibhor Steel Tubes Cash account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vibhor Steel's Cash and Net Receivables is 0.51. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Vibhor Steel Tubes, assuming nothing else is changed. The correlation between historical values of Vibhor Steel's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Vibhor Steel Tubes are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Vibhor Steel's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Vibhor Steel Tubes, which is listed under current asset account on Vibhor Steel Tubes balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vibhor Steel customers. The amounts must be unrestricted with restricted cash listed in a different Vibhor Steel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Vibhor Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vibhor Steel Tubes 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 Vibhor Steel Tubes. 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 222.3 M in 2024, whereas Tax Provision is likely to drop slightly above 53.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit560.9M1.0B1.1B833.1M
Total Revenue8.2B11.1B10.7B9.0B

Vibhor Steel fundamental ratios Correlations

0.87-0.220.920.960.890.770.870.980.980.650.90.80.80.790.87-0.460.980.670.930.990.870.870.90.810.96
0.87-0.30.930.70.630.761.00.850.80.780.590.540.750.920.54-0.380.870.840.990.920.920.540.870.790.88
-0.22-0.3-0.52-0.180.11-0.76-0.28-0.38-0.13-0.420.060.03-0.74-0.090.040.86-0.07-0.67-0.26-0.29-0.590.04-0.54-0.35-0.47
0.920.93-0.520.80.660.930.930.940.860.80.660.650.930.80.65-0.670.860.860.950.950.990.650.980.820.98
0.960.7-0.180.80.940.690.70.950.960.480.970.840.740.630.95-0.470.930.530.790.920.750.950.810.750.9
0.890.630.110.660.940.470.650.850.890.280.990.860.530.680.95-0.230.90.410.720.840.590.950.630.750.77
0.770.76-0.760.930.690.470.750.850.710.740.50.561.00.580.53-0.890.650.850.770.810.950.530.940.730.91
0.871.0-0.280.930.70.650.750.850.790.740.610.540.740.940.54-0.360.880.840.990.920.910.540.850.820.88
0.980.85-0.380.940.950.850.850.850.930.60.860.780.880.770.83-0.610.920.770.90.970.910.830.910.880.99
0.980.8-0.130.860.960.890.710.790.930.670.910.850.740.680.92-0.430.970.520.880.960.80.920.880.680.91
0.650.78-0.420.80.480.280.740.740.60.670.310.410.710.510.37-0.490.630.560.780.720.790.370.860.330.71
0.90.590.060.660.970.990.50.610.860.910.310.850.560.590.97-0.280.890.370.70.840.590.970.660.70.78
0.80.540.030.650.840.860.560.540.780.850.410.850.60.560.94-0.450.750.340.640.750.590.940.670.630.72
0.80.75-0.740.930.740.531.00.740.880.740.710.560.60.580.59-0.880.680.840.770.830.950.590.940.760.93
0.790.92-0.090.80.630.680.580.940.770.680.510.590.560.580.51-0.220.80.80.90.810.780.510.670.870.76
0.870.540.040.650.950.950.530.540.830.920.370.970.940.590.51-0.370.850.30.660.810.581.00.680.620.76
-0.46-0.380.86-0.67-0.47-0.23-0.89-0.36-0.61-0.43-0.49-0.28-0.45-0.88-0.22-0.37-0.29-0.65-0.4-0.5-0.7-0.37-0.71-0.51-0.66
0.980.87-0.070.860.930.90.650.880.920.970.630.890.750.680.80.85-0.290.590.930.970.80.850.840.750.9
0.670.84-0.670.860.530.410.850.840.770.520.560.370.340.840.80.3-0.650.590.790.740.910.30.760.870.81
0.930.99-0.260.950.790.720.770.990.90.880.780.70.640.770.90.66-0.40.930.790.960.920.660.90.790.92
0.990.92-0.290.950.920.840.810.920.970.960.720.840.750.830.810.81-0.50.970.740.960.920.810.930.820.98
0.870.92-0.590.990.750.590.950.910.910.80.790.590.590.950.780.58-0.70.80.910.920.920.580.960.820.96
0.870.540.040.650.950.950.530.540.830.920.370.970.940.590.511.0-0.370.850.30.660.810.580.680.620.76
0.90.87-0.540.980.810.630.940.850.910.880.860.660.670.940.670.68-0.710.840.760.90.930.960.680.70.96
0.810.79-0.350.820.750.750.730.820.880.680.330.70.630.760.870.62-0.510.750.870.790.820.820.620.70.84
0.960.88-0.470.980.90.770.910.880.990.910.710.780.720.930.760.76-0.660.90.810.920.980.960.760.960.84
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Vibhor Steel Account Relationship Matchups

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