Olympic Historical Balance Sheet

ZEUS Stock  USD 43.02  0.61  1.44%   
Trend analysis of Olympic Steel balance sheet accounts such as Total Assets of 534.5 M, Short Long Term Debt Total of 154.6 M, Other Current Liabilities of 55.3 M or Total Current Liabilities of 102.9 M provides information on Olympic Steel's total assets, liabilities, and equity, which is the actual value of Olympic Steel to its prevalent stockholders. By breaking down trends over time using Olympic Steel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Olympic Steel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Olympic Steel is a good buy for the upcoming year.

Olympic Steel Inventory

236.12 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

About Olympic Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Olympic Steel at a specified time, usually calculated after every quarter, six months, or one year. Olympic Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Olympic Steel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Olympic currently owns. An asset can also be divided into two categories, current and non-current.

Olympic Steel Balance Sheet Chart

At this time, Olympic Steel's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 97.3 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 154.6 M in 2024.

Total Assets

Total assets refers to the total amount of Olympic Steel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Olympic Steel books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Olympic Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Olympic Steel are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most accounts from Olympic Steel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Olympic Steel current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.At this time, Olympic Steel's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 97.3 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 154.6 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total355.8M194.4M228.5M154.6M
Total Assets1.0B891.6M1.0B534.5M

Olympic Steel balance sheet Correlations

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0.640.390.80.550.890.410.340.910.480.72-0.641.00.60.480.320.620.12-0.340.460.610.620.190.740.320.6
0.520.230.570.490.820.680.190.80.490.72-0.680.720.250.650.240.350.44-0.130.380.820.33-0.120.910.730.63
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0.890.760.830.860.60.490.740.580.770.60.25-0.010.60.550.710.940.22-0.10.820.10.970.170.17-0.230.64
0.690.50.550.580.670.820.490.580.590.480.65-0.120.480.550.540.610.39-0.020.590.430.60.110.410.160.78
0.780.990.460.770.240.610.990.190.790.320.240.260.320.710.540.80.60.280.96-0.090.780.370.01-0.090.38
0.950.830.80.910.620.60.810.60.850.620.35-0.050.620.940.610.80.460.040.90.060.990.240.22-0.070.65
0.520.530.270.520.240.60.530.20.560.120.440.00.120.220.390.60.460.560.610.050.390.010.220.330.25
0.00.23-0.190.09-0.280.010.26-0.30.2-0.34-0.130.26-0.34-0.1-0.020.280.040.560.2-0.270.00.34-0.22-0.03-0.2
0.910.950.620.920.430.70.950.390.930.460.380.10.460.820.590.960.90.610.20.060.890.240.170.030.52
0.24-0.070.450.190.690.39-0.110.690.170.610.82-0.770.610.10.43-0.090.060.05-0.270.060.09-0.110.90.530.6
0.950.820.820.90.630.580.80.60.840.620.33-0.040.620.970.60.780.990.390.00.890.090.210.22-0.120.66
0.130.41-0.020.02-0.04-0.030.4-0.060.070.19-0.120.10.190.170.110.370.240.010.340.24-0.110.21-0.1-0.310.06
0.350.040.580.30.820.380.00.830.270.740.91-0.910.740.170.410.010.220.22-0.220.170.90.22-0.10.690.59
0.09-0.130.10.150.40.33-0.150.410.230.320.73-0.640.32-0.230.16-0.09-0.070.33-0.030.030.53-0.12-0.310.690.16
0.760.390.640.590.760.710.360.720.540.60.63-0.460.60.640.780.380.650.25-0.20.520.60.660.060.590.16
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Olympic Steel Account Relationship Matchups

Olympic Steel balance sheet Accounts

201920202021202220232024 (projected)
Total Assets649.6M640.6M1.0B891.6M1.0B534.5M
Short Long Term Debt Total219.4M186.2M355.8M194.4M228.5M154.6M
Other Current Liab26.0M33.9M69.7M57.2M52.7M55.3M
Total Current Liabilities101.1M126.7M224.3M164.7M180.2M102.9M
Total Stockholder Equity308.4M301.0M424.4M516.0M555.5M583.3M
Property Plant And Equipment Net182.6M182.6M174.8M176.6M220.5M145.3M
Net Debt213.6M180.6M346.0M182.2M215.2M144.5M
Retained Earnings179.3M172.8M293.0M379.9M418.9M439.8M
Accounts Payable69.5M87.3M148.6M101.4M119.7M73.0M
Cash5.7M5.5M9.8M12.2M13.2M13.9M
Non Current Assets Total229.7M238.4M234.2M233.5M403.5M423.6M
Non Currrent Assets Other14.4M18.1M15.2M2.7M(54.3M)(51.6M)
Cash And Short Term Investments5.7M5.5M9.8M12.2M13.2M13.9M
Net Receivables133.6M151.6M284.6M219.8M191.1M102.6M
Common Stock Shares Outstanding11.5M11.4M11.5M11.6M11.6M11.7M
Liabilities And Stockholders Equity649.6M640.6M1.0B891.6M1.0B534.5M
Non Current Liabilities Total240.1M212.9M374.8M211.0M249.1M165.3M
Inventory273.5M240.0M485.0M416.9M386.5M236.1M
Other Current Assets7.0M5.1M10.0M9.2M12.3M7.8M
Other Stockholder Equity(335K)28.5M28.9M1.3M11.7M11.1M
Total Liab341.2M339.6M599.1M375.7M451.2M269.0M
Property Plant And Equipment Gross182.6M434.6M147.1M148.3M539.6M566.5M
Total Current Assets419.8M402.2M789.4M658.1M603.2M352.0M
Accumulated Other Comprehensive Income(2.3M)(4.2M)(2.0M)1.3M41K43.1K
Short Term Debt5.6M5.6M5.9M6.1M7.8M7.4M
Intangible Assets29.3M32.6M33.7M32.0M92.6M97.3M
Good Will2.4M3.4M5.1M10.5M52.1M54.7M
Common Stock Total Equity131.6M132.4M133.4M134.7M154.9M129.8M
Common Stock131.6M132.4M133.4M134.7M136.5M130.5M
Other Liab23.3M24.2M24.9M21.6M24.9M17.8M
Long Term Debt192.9M160.6M327.8M165.7M190.2M167.4M
Property Plant Equipment156.2M157.2M147.1M148.3M170.6M148.1M
Other Assets14.4M18.1M15.2M12.7M16.9M9.9M
Net Tangible Assets275.7M301.0M424.4M516.0M593.4M317.7M
Retained Earnings Total Equity179.3M172.8M293.0M379.9M436.9M458.8M
Long Term Debt Total193.4M160.6M327.8M165.7M190.5M236.6M

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Additional Tools for Olympic Stock Analysis

When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.