Jindal Capital Expenditures vs Dividends Paid Analysis

JSL Stock

632.15 10.15 1.58%

Jindal Stainless financial indicator trend analysis is infinitely more than just investigating Jindal Stainless recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Stainless is a good investment. Please check the relationship between Jindal Stainless Capital Expenditures and its Dividends Paid accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Stainless Limited. 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.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Stainless Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jindal Stainless' Capital Expenditures and Dividends Paid is 0.67. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Jindal Stainless Limited, assuming nothing else is changed. The correlation between historical values of Jindal Stainless' Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Jindal Stainless Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Jindal Stainless' Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Jindal Stainless to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jindal Stainless operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Most indicators from Jindal Stainless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Stainless 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Stainless Limited. 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.

The current year's Tax Provision is expected to grow to about 10.9 B, whereas Selling General Administrative is forecasted to decline to about 1.1 B.

	2022	2023	2024	2025 (projected)
Interest Expense	3.2B	5.5B	6.4B	6.1B
Depreciation And Amortization	7.2B	8.8B	10.1B	5.1B

Interest Expense Depreciation And Amortization

Jindal Stainless fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	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	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Accounts Payable	Short Term Debt	Short Term Investments	Intangible Assets	Current Deferred Revenue
Total Assets		0.01	0.35	0.77	0.93	0.77	-0.08	0.92	0.98	0.72	0.95	0.4	0.68	0.18	0.97	0.67	0.82	0.7	0.98	0.82	0.95	0.9	-0.24	0.85	0.96	-0.12
Short Long Term Debt Total	0.01		-0.31	0.14	-0.36	0.27	0.99	-0.2	0.06	-0.03	-0.24	0.1	-0.4	0.93	-0.17	0.38	-0.19	0.6	-0.04	-0.47	-0.17	-0.31	0.79	-0.26	-0.21	-0.37
Other Current Liab	0.35	-0.31		0.41	0.42	0.33	-0.36	0.45	0.29	0.41	0.47	0.18	0.49	-0.09	0.41	0.32	0.51	0.22	0.39	0.2	0.35	0.48	0.0	0.5	0.42	0.23
Total Current Liabilities	0.77	0.14	0.41		0.66	0.85	0.05	0.62	0.72	0.55	0.7	0.56	0.77	0.29	0.78	0.57	0.64	0.84	0.79	0.59	0.63	0.74	-0.16	0.74	0.69	0.21
Total Stockholder Equity	0.93	-0.36	0.42	0.66		0.62	-0.44	0.95	0.88	0.69	0.98	0.34	0.79	-0.18	0.96	0.47	0.85	0.42	0.93	0.94	0.96	0.95	-0.52	0.88	0.98	-0.01
Property Plant And Equipment Net	0.77	0.27	0.33	0.85	0.62		0.17	0.67	0.82	0.47	0.65	0.17	0.58	0.49	0.71	0.7	0.51	0.88	0.7	0.48	0.67	0.59	-0.04	0.56	0.67	-0.22
Net Debt	-0.08	0.99	-0.36	0.05	-0.44	0.17		-0.29	-0.03	-0.1	-0.32	0.05	-0.48	0.9	-0.25	0.33	-0.27	0.52	-0.12	-0.53	-0.26	-0.38	0.8	-0.33	-0.3	-0.34
Cash	0.92	-0.2	0.45	0.62	0.95	0.67	-0.29		0.9	0.74	0.95	0.33	0.7	0.0	0.9	0.5	0.85	0.5	0.9	0.82	0.98	0.86	-0.31	0.77	0.95	-0.25
Non Current Assets Total	0.98	0.06	0.29	0.72	0.88	0.82	-0.03	0.9		0.67	0.9	0.23	0.6	0.24	0.93	0.69	0.72	0.7	0.92	0.77	0.93	0.83	-0.2	0.75	0.91	-0.24
Non Currrent Assets Other	0.72	-0.03	0.41	0.55	0.69	0.47	-0.1	0.74	0.67		0.7	0.46	0.51	0.05	0.7	0.46	0.6	0.46	0.74	0.56	0.72	0.72	-0.11	0.54	0.69	0.02
Cash And Short Term Investments	0.95	-0.24	0.47	0.7	0.98	0.65	-0.32	0.95	0.9	0.7		0.39	0.75	-0.05	0.97	0.52	0.9	0.52	0.96	0.89	0.97	0.94	-0.38	0.92	1.0	-0.04
Net Receivables	0.4	0.1	0.18	0.56	0.34	0.17	0.05	0.33	0.23	0.46	0.39		0.52	0.07	0.41	0.04	0.59	0.41	0.53	0.33	0.33	0.49	-0.05	0.44	0.37	0.25
Common Stock Shares Outstanding	0.68	-0.4	0.49	0.77	0.79	0.58	-0.48	0.7	0.6	0.51	0.75	0.52		-0.25	0.76	0.31	0.65	0.41	0.73	0.78	0.68	0.83	-0.56	0.74	0.73	0.23
Non Current Liabilities Total	0.18	0.93	-0.09	0.29	-0.18	0.49	0.9	0.0	0.24	0.05	-0.05	0.07	-0.25		0.0	0.54	0.0	0.74	0.12	-0.36	0.0	-0.16	0.72	-0.1	-0.03	-0.46
Inventory	0.97	-0.17	0.41	0.78	0.96	0.71	-0.25	0.9	0.93	0.7	0.97	0.41	0.76	0.0		0.57	0.84	0.6	0.97	0.89	0.93	0.97	-0.4	0.91	0.97	0.06
Other Current Assets	0.67	0.38	0.32	0.57	0.47	0.7	0.33	0.5	0.69	0.46	0.52	0.04	0.31	0.54	0.57		0.33	0.72	0.61	0.29	0.51	0.47	0.15	0.47	0.52	-0.17
Other Stockholder Equity	0.82	-0.19	0.51	0.64	0.85	0.51	-0.27	0.85	0.72	0.6	0.9	0.59	0.65	0.0	0.84	0.33		0.48	0.88	0.73	0.85	0.82	-0.26	0.87	0.89	-0.01
Total Liab	0.7	0.6	0.22	0.84	0.42	0.88	0.52	0.5	0.7	0.46	0.52	0.41	0.41	0.74	0.6	0.72	0.48		0.67	0.27	0.52	0.47	0.27	0.49	0.53	-0.17
Total Current Assets	0.98	-0.04	0.39	0.79	0.93	0.7	-0.12	0.9	0.92	0.74	0.96	0.53	0.73	0.12	0.97	0.61	0.88	0.67		0.83	0.93	0.93	-0.26	0.9	0.96	-0.01
Common Stock	0.82	-0.47	0.2	0.59	0.94	0.48	-0.53	0.82	0.77	0.56	0.89	0.33	0.78	-0.36	0.89	0.29	0.73	0.27	0.83		0.86	0.9	-0.71	0.83	0.89	0.13
Good Will	0.95	-0.17	0.35	0.63	0.96	0.67	-0.26	0.98	0.93	0.72	0.97	0.33	0.68	0.0	0.93	0.51	0.85	0.52	0.93	0.86		0.88	-0.33	0.81	0.98	-0.23
Accounts Payable	0.9	-0.31	0.48	0.74	0.95	0.59	-0.38	0.86	0.83	0.72	0.94	0.49	0.83	-0.16	0.97	0.47	0.82	0.47	0.93	0.9	0.88		-0.48	0.9	0.92	0.19
Short Term Debt	-0.24	0.79	0.0	-0.16	-0.52	-0.04	0.8	-0.31	-0.2	-0.11	-0.38	-0.05	-0.56	0.72	-0.4	0.15	-0.26	0.27	-0.26	-0.71	-0.33	-0.48		-0.41	-0.38	-0.35
Short Term Investments	0.85	-0.26	0.5	0.74	0.88	0.56	-0.33	0.77	0.75	0.54	0.92	0.44	0.74	-0.1	0.91	0.47	0.87	0.49	0.9	0.83	0.81	0.9	-0.41		0.91	0.29
Intangible Assets	0.96	-0.21	0.42	0.69	0.98	0.67	-0.3	0.95	0.91	0.69	1.0	0.37	0.73	-0.03	0.97	0.52	0.89	0.53	0.96	0.89	0.98	0.92	-0.38	0.91		-0.06
Current Deferred Revenue	-0.12	-0.37	0.23	0.21	-0.01	-0.22	-0.34	-0.25	-0.24	0.02	-0.04	0.25	0.23	-0.46	0.06	-0.17	-0.01	-0.17	-0.01	0.13	-0.23	0.19	-0.35	0.29	-0.06

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Jindal Stainless Account Relationship Matchups

Jindal Stainless fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	107.3B	148.6B	271.4B	308.2B	354.4B	372.1B
Short Long Term Debt Total	32.3B	32.0B	39.6B	60.5B	54.5B	52.8B
Other Current Liab	7.6B	14.9B	18.6B	15.9B	14.3B	10.0B
Total Current Liabilities	40.6B	72.1B	109.5B	100.4B	115.5B	59.6B
Total Stockholder Equity	32.1B	51.9B	119.3B	143.6B	165.1B	173.4B
Property Plant And Equipment Net	58.8B	59.3B	97.8B	131.3B	151.0B	83.7B
Net Debt	31.6B	29.8B	34.9B	48.2B	43.4B	50.5B
Cash	689.2M	2.1B	4.7B	12.3B	11.1B	11.6B
Non Current Assets Total	66.2B	73.3B	120.3B	160.3B	184.4B	193.6B
Non Currrent Assets Other	1.3B	6.1B	2.7B	7.7B	8.9B	9.3B
Cash And Short Term Investments	695M	2.8B	17.2B	18.7B	21.5B	22.6B
Net Receivables	9.3B	38.6B	36.6B	28.4B	32.6B	18.9B
Liabilities And Stockholders Equity	107.3B	148.6B	271.4B	308.2B	354.4B	372.1B
Non Current Liabilities Total	34.6B	24.3B	42.2B	64.0B	57.6B	46.8B
Inventory	27.9B	41.8B	83.9B	79.3B	91.2B	95.8B
Other Current Assets	3.1B	10.3B	21.1B	21.4B	24.6B	25.9B
Total Liab	75.2B	96.4B	151.7B	164.4B	189.1B	123.8B
Total Current Assets	41.2B	75.3B	151.1B	147.8B	170.0B	178.5B
Accumulated Other Comprehensive Income	697.8M	29.3B	42.6M	170.4M	196.0M	205.8M
Accounts Payable	26.3B	57.4B	78.2B	69.3B	79.6B	83.6B
Short Term Debt	5.7B	13.0B	11.0B	14.0B	12.6B	16.0B
Short Term Investments	5.8M	706.6M	12.5B	6.4B	7.4B	7.7B
Intangible Assets	327.2M	394.8M	7.9B	8.9B	10.3B	10.8B
Current Deferred Revenue	7.6B	12.2B	17.8B	1.2B	1.4B	1.4B
Retained Earnings	19.6B	38.4B	76.6B	100.7B	115.8B	121.6B
Other Liab	5.1B	5.6B	8.0B	13.2B	15.2B	16.0B
Net Tangible Assets	26.8B	31.7B	88.8B	109.7B	126.2B	132.5B
Other Assets	(500K)	2.5B	100K	60.3M	54.3M	51.6M
Long Term Debt	25.9B	14.2B	27.9B	45.6B	41.1B	35.1B
Short Long Term Debt	5.1B	17.1B	10.8B	13.9B	12.5B	17.3B
Property Plant Equipment	61.6B	58.8B	59.3B	97.8B	88.0B	57.3B
Long Term Debt Total	27.2B	26.6B	14.8B	28.1B	25.3B	27.1B
Non Current Liabilities Other	2.8B	1.2B	4.3B	4.3B	4.9B	2.5B
Cash And Equivalents	55.4M	9.1M	824.3M	800.9M	921.0M	967.1M

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Balance Sheet is a snapshot of the financial position of Jindal Stainless at a specified time, usually calculated after every quarter, six months, or one year. Jindal Stainless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jindal Stainless 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 Jindal currently owns. An asset can also be divided into two categories, current and non-current.

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Jindal Capital Expenditures vs Dividends Paid Analysis

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

Correlation Coefficient

Capital Expenditures

Dividends Paid

Jindal Stainless fundamental ratios Correlations

Jindal Stainless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jindal Stainless fundamental ratios Accounts

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Other Information on Investing in Jindal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 1.0	Cash And Short Term Investments
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Intangible Assets	+ 0.98	Total Stockholder Equity

Short Term Debt	- 0.71	Common Stock
Short Term Debt	- 0.56	Common Stock Shares Outstanding
Common Stock	- 0.53	Net Debt
Short Term Debt	- 0.52	Total Stockholder Equity
Short Term Debt	- 0.48	Accounts Payable
Common Stock Shares Outstanding	- 0.48	Net Debt