Vibhor Net Debt vs Inventory 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 Net Debt and its Inventory 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.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vibhor Steel Tubes Net Debt account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vibhor Steel's Net Debt and Inventory is 0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory 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 Net Debt and Inventory 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 Vibhor Steel Tubes are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Vibhor Steel's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Inventory

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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