Steel Other Assets vs Other Liab Analysis

SAIL Stock   105.33  0.38  0.36%   
Steel Authority financial indicator trend analysis is much more than just breaking down Steel Authority prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steel Authority is a good investment. Please check the relationship between Steel Authority Other Assets and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Authority of. 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.

Other Assets vs Other Liab

Other Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Authority Other Assets account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Steel Authority's Other Assets and Other Liab is 0.89. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Steel Authority of, assuming nothing else is changed. The correlation between historical values of Steel Authority's Other Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Steel Authority of are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Assets i.e., Steel Authority's Other Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Other Liab

Most indicators from Steel Authority's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steel Authority 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 Steel Authority of. 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 drop to about 1.2 B in 2025. Tax Provision is likely to drop to about 7.4 B in 2025
 2022 2023 2024 2025 (projected)
Other Operating Expenses1.0T686.5B789.4B503.8B
Gross Profit474.2B393.6B452.6B286.4B

Steel Authority fundamental ratios Correlations

0.590.940.90.6-0.380.630.160.550.180.660.510.950.670.310.960.690.610.960.710.980.46-0.63-0.720.310.82
0.590.550.440.37-0.240.460.330.420.00.410.570.620.040.20.550.520.350.560.510.560.08-0.4-0.420.20.65
0.940.550.740.58-0.610.550.170.520.210.610.380.970.540.320.920.730.550.910.780.940.55-0.76-0.530.320.76
0.90.440.740.59-0.050.65-0.160.450.210.640.470.720.730.310.830.370.690.840.380.860.41-0.33-0.790.310.57
0.60.370.580.59-0.520.89-0.330.20.270.850.420.530.130.620.460.080.950.50.110.560.88-0.57-0.290.620.37
-0.38-0.24-0.61-0.05-0.52-0.42-0.18-0.16-0.17-0.36-0.01-0.570.08-0.22-0.4-0.42-0.35-0.41-0.5-0.45-0.590.89-0.12-0.22-0.42
0.630.460.550.650.89-0.42-0.190.320.230.780.380.550.180.50.520.130.890.560.150.610.7-0.52-0.390.50.47
0.160.330.17-0.16-0.33-0.18-0.190.27-0.36-0.150.170.360.18-0.20.290.75-0.440.290.710.21-0.35-0.35-0.24-0.20.63
0.550.420.520.450.2-0.160.320.27-0.150.340.050.550.340.180.530.530.240.530.520.510.19-0.36-0.40.180.52
0.180.00.210.210.27-0.170.23-0.36-0.150.19-0.050.130.01-0.090.14-0.070.30.13-0.030.180.290.04-0.02-0.09-0.02
0.660.410.610.640.85-0.360.78-0.150.340.190.320.590.30.720.50.330.890.540.310.570.83-0.5-0.470.720.5
0.510.570.380.470.42-0.010.380.170.05-0.050.320.470.170.140.430.250.320.440.250.460.13-0.19-0.40.140.56
0.950.620.970.720.53-0.570.550.360.550.130.590.470.550.280.940.830.480.940.860.950.45-0.76-0.580.280.9
0.670.040.540.730.130.080.180.180.340.010.30.170.550.050.750.520.240.750.50.710.09-0.28-0.870.050.47
0.310.20.320.310.62-0.220.5-0.20.18-0.090.720.140.280.050.160.10.630.20.060.230.68-0.28-0.11.00.18
0.960.550.920.830.46-0.40.520.290.530.140.50.430.940.750.160.740.461.00.780.990.31-0.67-0.760.160.83
0.690.520.730.370.08-0.420.130.750.53-0.070.330.250.830.520.10.740.040.750.990.70.12-0.65-0.530.10.86
0.610.350.550.690.95-0.350.89-0.440.240.30.890.320.480.240.630.460.040.50.050.560.83-0.45-0.40.630.3
0.960.560.910.840.5-0.410.560.290.530.130.540.440.940.750.21.00.750.50.770.990.35-0.69-0.780.20.83
0.710.510.780.380.11-0.50.150.710.52-0.030.310.250.860.50.060.780.990.050.770.740.14-0.7-0.490.060.86
0.980.560.940.860.56-0.450.610.210.510.180.570.460.950.710.230.990.70.560.990.740.42-0.7-0.740.230.81
0.460.080.550.410.88-0.590.7-0.350.190.290.830.130.450.090.680.310.120.830.350.140.42-0.55-0.10.680.23
-0.63-0.4-0.76-0.33-0.570.89-0.52-0.35-0.360.04-0.5-0.19-0.76-0.28-0.28-0.67-0.65-0.45-0.69-0.7-0.7-0.550.29-0.28-0.66
-0.72-0.42-0.53-0.79-0.29-0.12-0.39-0.24-0.4-0.02-0.47-0.4-0.58-0.87-0.1-0.76-0.53-0.4-0.78-0.49-0.74-0.10.29-0.1-0.59
0.310.20.320.310.62-0.220.5-0.20.18-0.090.720.140.280.051.00.160.10.630.20.060.230.68-0.28-0.10.18
0.820.650.760.570.37-0.420.470.630.52-0.020.50.560.90.470.180.830.860.30.830.860.810.23-0.66-0.590.18
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Steel Authority Account Relationship Matchups

Steel Authority fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.2T1.2T1.3T1.4T1.6T886.1B
Other Current Liab170.8B139.2B134.7B147.9B170.1B136.8B
Total Current Liabilities465.0B393.4B493.3B534.6B614.8B309.4B
Total Stockholder Equity454.1B542.1B547.5B571.0B656.7B357.3B
Accounts Payable80.4B166.8B143.4B153.3B176.3B185.1B
Cash5.2B1.3B570.9M693.8M624.4M593.2M
Other Assets48.4B71.8B98.3B82.5B94.8B99.6B
Long Term Debt197.3B81.4B61.1B95.7B110.0B137.2B
Net Receivables101.4B66.5B53.9B83.6B96.1B63.6B
Short Term Investments661.2M664.5M17.6B756.7M681.0M647.0M
Inventory153.3B196.1B277.6B327.2B376.3B395.1B
Other Current Assets66.7B90.8B46.8B69.2B79.5B41.3B
Total Liab738.4B659.0B757.3B836.1B961.5B529.0B
Intangible Assets14.3B14.6B15.2B14.9B17.1B11.6B
Property Plant Equipment762.8B750.1B761.7B769.1B884.5B504.7B
Short Long Term Debt Total376.8B172.8B307.7B363.2B417.7B270.0B
Other Liab58.9B58.9B76.2B148.1B170.3B178.9B
Property Plant And Equipment Net750.7B762.3B769.1B770.3B885.9B555.5B
Net Debt371.6B171.5B307.2B362.5B416.9B209.4B
Non Current Assets Total870.6B912.2B924.9B925.7B1.1T623.1B
Non Currrent Assets Other42.4B45.6B82.5B94.1B108.2B113.6B
Cash And Short Term Investments5.8B2.0B18.1B1.5B1.3B1.2B
Liabilities And Stockholders Equity1.2T1.2T1.3T1.4T1.6T945.7B
Non Current Liabilities Total273.4B265.5B264.0B301.4B346.6B230.8B
Total Current Assets321.8B288.9B379.9B481.4B553.6B322.6B
Accumulated Other Comprehensive Income69.6B64.8B65.2B63.6B73.1B76.8B
Current Deferred Revenue139.8B167.8B115.4B16.2B18.6B17.7B
Retained Earnings340.8B433.6B489.8B463.8B533.4B310.3B
Short Term Debt179.5B55.4B199.2B215.2B247.5B259.8B
Net Tangible Assets382.0B400.7B439.8B527.5B606.7B449.4B
Short Long Term Debt158.5B52.5B195.5B210.3B241.9B163.7B
Long Term Debt Total345.6B197.3B117.4B108.5B97.6B174.0B
Capital Surpluse300.3B343.2B436.0B441.0B507.1B355.8B
Capital Lease Obligations18.2B39.0B51.1B57.2B65.8B69.1B
Cash And Equivalents195.3M4.8B487M570.9M656.5M996.5M

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