Vibhor Total Liab vs Accounts Payable 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 Liab and its Accounts Payable 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 Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

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

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Vibhor Steel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Vibhor Steel Tubes are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
0.87-0.30.930.70.590.761.00.850.80.780.590.550.750.920.54-0.380.870.840.990.920.920.540.870.790.88
-0.22-0.3-0.52-0.180.08-0.76-0.28-0.38-0.13-0.420.060.0-0.74-0.090.040.86-0.07-0.67-0.26-0.29-0.590.04-0.54-0.35-0.47
0.920.93-0.520.80.650.930.930.940.860.80.660.660.930.80.65-0.670.860.860.950.950.990.650.980.820.98
0.960.7-0.180.80.960.690.70.950.960.480.970.840.740.630.95-0.470.930.530.790.920.750.950.810.750.9
0.890.590.080.650.960.480.60.850.910.31.00.850.540.590.97-0.260.890.350.690.830.580.970.640.690.77
0.770.76-0.760.930.690.480.750.850.710.740.50.581.00.580.53-0.890.650.850.770.810.950.530.940.730.91
0.871.0-0.280.930.70.60.750.850.790.740.610.550.740.940.54-0.360.880.840.990.920.910.540.850.820.88
0.980.85-0.380.940.950.850.850.850.930.60.860.790.880.770.83-0.610.920.770.90.970.910.830.910.880.99
0.980.8-0.130.860.960.910.710.790.930.670.910.860.740.680.92-0.430.970.520.880.960.80.920.880.680.91
0.650.78-0.420.80.480.30.740.740.60.670.310.420.710.510.37-0.490.630.560.780.720.790.370.860.330.71
0.90.590.060.660.971.00.50.610.860.910.310.850.560.590.97-0.280.890.370.70.840.590.970.660.70.78
0.80.550.00.660.840.850.580.550.790.860.420.850.620.560.94-0.470.750.360.650.760.60.940.690.640.73
0.80.75-0.740.930.740.541.00.740.880.740.710.560.620.580.59-0.880.680.840.770.830.950.590.940.760.93
0.790.92-0.090.80.630.590.580.940.770.680.510.590.560.580.51-0.220.80.80.90.810.780.510.670.870.76
0.870.540.040.650.950.970.530.540.830.920.370.970.940.590.51-0.370.850.30.660.810.581.00.680.620.76
-0.46-0.380.86-0.67-0.47-0.26-0.89-0.36-0.61-0.43-0.49-0.28-0.47-0.88-0.22-0.37-0.29-0.65-0.4-0.5-0.7-0.37-0.71-0.51-0.66
0.980.87-0.070.860.930.890.650.880.920.970.630.890.750.680.80.85-0.290.590.930.970.80.850.840.750.9
0.670.84-0.670.860.530.350.850.840.770.520.560.370.360.840.80.3-0.650.590.790.740.910.30.760.870.81
0.930.99-0.260.950.790.690.770.990.90.880.780.70.650.770.90.66-0.40.930.790.960.920.660.90.790.92
0.990.92-0.290.950.920.830.810.920.970.960.720.840.760.830.810.81-0.50.970.740.960.920.810.930.820.98
0.870.92-0.590.990.750.580.950.910.910.80.790.590.60.950.780.58-0.70.80.910.920.920.580.960.820.96
0.870.540.040.650.950.970.530.540.830.920.370.970.940.590.511.0-0.370.850.30.660.810.580.680.620.76
0.90.87-0.540.980.810.640.940.850.910.880.860.660.690.940.670.68-0.710.840.760.90.930.960.680.70.96
0.810.79-0.350.820.750.690.730.820.880.680.330.70.640.760.870.62-0.510.750.870.790.820.820.620.70.84
0.960.88-0.470.980.90.770.910.880.990.910.710.780.730.930.760.76-0.660.90.810.920.980.960.760.960.84
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Vibhor Steel Account Relationship Matchups

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