Vibhor Total Current Assets vs Depreciation And Amortization Analysis

VSTL Stock

224.05 1.50 0.67%

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 Total Current Assets and its Depreciation And Amortization 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.

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vibhor Steel Tubes Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.

The correlation between Vibhor Steel's Total Current Assets and Depreciation And Amortization is 0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization 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 Total Current Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Vibhor Steel Tubes are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Vibhor Steel's Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 Profit	560.9M	1.0B	1.1B	833.1M
Total Revenue	8.2B	11.1B	10.7B	9.0B

Gross Profit Total Revenue

Vibhor Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Short Term Investments	Net Invested Capital
Total Assets		0.87	-0.22	0.92	0.96	0.89	0.77	0.87	0.98	0.98	0.65	0.9	0.8	0.8	0.79	0.87	-0.46	0.98	0.67	0.93	0.99	0.87	0.87	0.9	0.81	0.96
Short Long Term Debt Total	0.87		-0.3	0.93	0.7	0.59	0.76	1.0	0.85	0.8	0.78	0.59	0.55	0.75	0.92	0.54	-0.38	0.87	0.84	0.99	0.92	0.92	0.54	0.87	0.79	0.88
Other Current Liab	-0.22	-0.3		-0.52	-0.18	0.08	-0.76	-0.28	-0.38	-0.13	-0.42	0.06	0.0	-0.74	-0.09	0.04	0.86	-0.07	-0.67	-0.26	-0.29	-0.59	0.04	-0.54	-0.35	-0.47
Total Current Liabilities	0.92	0.93	-0.52		0.8	0.65	0.93	0.93	0.94	0.86	0.8	0.66	0.66	0.93	0.8	0.65	-0.67	0.86	0.86	0.95	0.95	0.99	0.65	0.98	0.82	0.98
Total Stockholder Equity	0.96	0.7	-0.18	0.8		0.96	0.69	0.7	0.95	0.96	0.48	0.97	0.84	0.74	0.63	0.95	-0.47	0.93	0.53	0.79	0.92	0.75	0.95	0.81	0.75	0.9
Property Plant And Equipment Net	0.89	0.59	0.08	0.65	0.96		0.48	0.6	0.85	0.91	0.3	1.0	0.85	0.54	0.59	0.97	-0.26	0.89	0.35	0.69	0.83	0.58	0.97	0.64	0.69	0.77
Current Deferred Revenue	0.77	0.76	-0.76	0.93	0.69	0.48		0.75	0.85	0.71	0.74	0.5	0.58	1.0	0.58	0.53	-0.89	0.65	0.85	0.77	0.81	0.95	0.53	0.94	0.73	0.91
Net Debt	0.87	1.0	-0.28	0.93	0.7	0.6	0.75		0.85	0.79	0.74	0.61	0.55	0.74	0.94	0.54	-0.36	0.88	0.84	0.99	0.92	0.91	0.54	0.85	0.82	0.88
Retained Earnings	0.98	0.85	-0.38	0.94	0.95	0.85	0.85	0.85		0.93	0.6	0.86	0.79	0.88	0.77	0.83	-0.61	0.92	0.77	0.9	0.97	0.91	0.83	0.91	0.88	0.99
Accounts Payable	0.98	0.8	-0.13	0.86	0.96	0.91	0.71	0.79	0.93		0.67	0.91	0.86	0.74	0.68	0.92	-0.43	0.97	0.52	0.88	0.96	0.8	0.92	0.88	0.68	0.91
Cash	0.65	0.78	-0.42	0.8	0.48	0.3	0.74	0.74	0.6	0.67		0.31	0.42	0.71	0.51	0.37	-0.49	0.63	0.56	0.78	0.72	0.79	0.37	0.86	0.33	0.71
Non Current Assets Total	0.9	0.59	0.06	0.66	0.97	1.0	0.5	0.61	0.86	0.91	0.31		0.85	0.56	0.59	0.97	-0.28	0.89	0.37	0.7	0.84	0.59	0.97	0.66	0.7	0.78
Non Currrent Assets Other	0.8	0.55	0.0	0.66	0.84	0.85	0.58	0.55	0.79	0.86	0.42	0.85		0.62	0.56	0.94	-0.47	0.75	0.36	0.65	0.76	0.6	0.94	0.69	0.64	0.73
Cash And Short Term Investments	0.8	0.75	-0.74	0.93	0.74	0.54	1.0	0.74	0.88	0.74	0.71	0.56	0.62		0.58	0.59	-0.88	0.68	0.84	0.77	0.83	0.95	0.59	0.94	0.76	0.93
Net Receivables	0.79	0.92	-0.09	0.8	0.63	0.59	0.58	0.94	0.77	0.68	0.51	0.59	0.56	0.58		0.51	-0.22	0.8	0.8	0.9	0.81	0.78	0.51	0.67	0.87	0.76
Common Stock Shares Outstanding	0.87	0.54	0.04	0.65	0.95	0.97	0.53	0.54	0.83	0.92	0.37	0.97	0.94	0.59	0.51		-0.37	0.85	0.3	0.66	0.81	0.58	1.0	0.68	0.62	0.76
Non Current Liabilities Total	-0.46	-0.38	0.86	-0.67	-0.47	-0.26	-0.89	-0.36	-0.61	-0.43	-0.49	-0.28	-0.47	-0.88	-0.22	-0.37		-0.29	-0.65	-0.4	-0.5	-0.7	-0.37	-0.71	-0.51	-0.66
Inventory	0.98	0.87	-0.07	0.86	0.93	0.89	0.65	0.88	0.92	0.97	0.63	0.89	0.75	0.68	0.8	0.85	-0.29		0.59	0.93	0.97	0.8	0.85	0.84	0.75	0.9
Other Current Assets	0.67	0.84	-0.67	0.86	0.53	0.35	0.85	0.84	0.77	0.52	0.56	0.37	0.36	0.84	0.8	0.3	-0.65	0.59		0.79	0.74	0.91	0.3	0.76	0.87	0.81
Total Liab	0.93	0.99	-0.26	0.95	0.79	0.69	0.77	0.99	0.9	0.88	0.78	0.7	0.65	0.77	0.9	0.66	-0.4	0.93	0.79		0.96	0.92	0.66	0.9	0.79	0.92
Total Current Assets	0.99	0.92	-0.29	0.95	0.92	0.83	0.81	0.92	0.97	0.96	0.72	0.84	0.76	0.83	0.81	0.81	-0.5	0.97	0.74	0.96		0.92	0.81	0.93	0.82	0.98
Short Term Debt	0.87	0.92	-0.59	0.99	0.75	0.58	0.95	0.91	0.91	0.8	0.79	0.59	0.6	0.95	0.78	0.58	-0.7	0.8	0.91	0.92	0.92		0.58	0.96	0.82	0.96
Common Stock	0.87	0.54	0.04	0.65	0.95	0.97	0.53	0.54	0.83	0.92	0.37	0.97	0.94	0.59	0.51	1.0	-0.37	0.85	0.3	0.66	0.81	0.58		0.68	0.62	0.76
Long Term Debt	0.9	0.87	-0.54	0.98	0.81	0.64	0.94	0.85	0.91	0.88	0.86	0.66	0.69	0.94	0.67	0.68	-0.71	0.84	0.76	0.9	0.93	0.96	0.68		0.7	0.96
Short Term Investments	0.81	0.79	-0.35	0.82	0.75	0.69	0.73	0.82	0.88	0.68	0.33	0.7	0.64	0.76	0.87	0.62	-0.51	0.75	0.87	0.79	0.82	0.82	0.62	0.7		0.84
Net Invested Capital	0.96	0.88	-0.47	0.98	0.9	0.77	0.91	0.88	0.99	0.91	0.71	0.78	0.73	0.93	0.76	0.76	-0.66	0.9	0.81	0.92	0.98	0.96	0.76	0.96	0.84

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Vibhor Total Current Assets vs Depreciation And Amortization Analysis

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Total Current Assets

Depreciation And Amortization

Vibhor Steel fundamental ratios Correlations

Vibhor Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Current Deferred Revenue
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total

Non Current Liabilities Total	- 0.89	Current Deferred Revenue
Non Current Liabilities Total	- 0.88	Cash And Short Term Investments
Current Deferred Revenue	- 0.76	Other Current Liab
Cash And Short Term Investments	- 0.74	Other Current Liab
Long Term Debt	- 0.71	Non Current Liabilities Total
Short Term Debt	- 0.7	Non Current Liabilities Total