Steel Other Liab vs Accounts Payable 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 Liab and its Accounts Payable 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 Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Authority Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Steel Authority's Other Liab and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable 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 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 Other Liab of Steel Authority of 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 Other Liab i.e., Steel Authority's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents Steel Authority 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 Steel Authority 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 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 Expenses	1.0T	686.5B	789.4B	503.8B
Gross Profit	474.2B	393.6B	452.6B	286.4B

Other Operating Expenses Gross Profit

Steel Authority fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total
Total Assets		0.59	0.94	0.9	0.6	-0.38	0.63	0.16	0.55	0.18	0.66	0.51	0.95	0.67	0.31	0.96	0.69	0.61	0.96	0.71	0.98	0.46	-0.63	-0.72	0.31	0.82
Other Current Liab	0.59		0.55	0.44	0.37	-0.24	0.46	0.33	0.42	0.0	0.41	0.57	0.62	0.04	0.2	0.55	0.52	0.35	0.56	0.51	0.56	0.08	-0.4	-0.42	0.2	0.65
Total Current Liabilities	0.94	0.55		0.74	0.58	-0.61	0.55	0.17	0.52	0.21	0.61	0.38	0.97	0.54	0.32	0.92	0.73	0.55	0.91	0.78	0.94	0.55	-0.76	-0.53	0.32	0.76
Total Stockholder Equity	0.9	0.44	0.74		0.59	-0.05	0.65	-0.16	0.45	0.21	0.64	0.47	0.72	0.73	0.31	0.83	0.37	0.69	0.84	0.38	0.86	0.41	-0.33	-0.79	0.31	0.57
Accounts Payable	0.6	0.37	0.58	0.59		-0.52	0.89	-0.33	0.2	0.27	0.85	0.42	0.53	0.13	0.62	0.46	0.08	0.95	0.5	0.11	0.56	0.88	-0.57	-0.29	0.62	0.37
Cash	-0.38	-0.24	-0.61	-0.05	-0.52		-0.42	-0.18	-0.16	-0.17	-0.36	-0.01	-0.57	0.08	-0.22	-0.4	-0.42	-0.35	-0.41	-0.5	-0.45	-0.59	0.89	-0.12	-0.22	-0.42
Other Assets	0.63	0.46	0.55	0.65	0.89	-0.42		-0.19	0.32	0.23	0.78	0.38	0.55	0.18	0.5	0.52	0.13	0.89	0.56	0.15	0.61	0.7	-0.52	-0.39	0.5	0.47
Long Term Debt	0.16	0.33	0.17	-0.16	-0.33	-0.18	-0.19		0.27	-0.36	-0.15	0.17	0.36	0.18	-0.2	0.29	0.75	-0.44	0.29	0.71	0.21	-0.35	-0.35	-0.24	-0.2	0.63
Net Receivables	0.55	0.42	0.52	0.45	0.2	-0.16	0.32	0.27		-0.15	0.34	0.05	0.55	0.34	0.18	0.53	0.53	0.24	0.53	0.52	0.51	0.19	-0.36	-0.4	0.18	0.52
Short Term Investments	0.18	0.0	0.21	0.21	0.27	-0.17	0.23	-0.36	-0.15		0.19	-0.05	0.13	0.01	-0.09	0.14	-0.07	0.3	0.13	-0.03	0.18	0.29	0.04	-0.02	-0.09	-0.02
Inventory	0.66	0.41	0.61	0.64	0.85	-0.36	0.78	-0.15	0.34	0.19		0.32	0.59	0.3	0.72	0.5	0.33	0.89	0.54	0.31	0.57	0.83	-0.5	-0.47	0.72	0.5
Other Current Assets	0.51	0.57	0.38	0.47	0.42	-0.01	0.38	0.17	0.05	-0.05	0.32		0.47	0.17	0.14	0.43	0.25	0.32	0.44	0.25	0.46	0.13	-0.19	-0.4	0.14	0.56
Total Liab	0.95	0.62	0.97	0.72	0.53	-0.57	0.55	0.36	0.55	0.13	0.59	0.47		0.55	0.28	0.94	0.83	0.48	0.94	0.86	0.95	0.45	-0.76	-0.58	0.28	0.9
Intangible Assets	0.67	0.04	0.54	0.73	0.13	0.08	0.18	0.18	0.34	0.01	0.3	0.17	0.55		0.05	0.75	0.52	0.24	0.75	0.5	0.71	0.09	-0.28	-0.87	0.05	0.47
Common Stock	0.31	0.2	0.32	0.31	0.62	-0.22	0.5	-0.2	0.18	-0.09	0.72	0.14	0.28	0.05		0.16	0.1	0.63	0.2	0.06	0.23	0.68	-0.28	-0.1	1.0	0.18
Property Plant Equipment	0.96	0.55	0.92	0.83	0.46	-0.4	0.52	0.29	0.53	0.14	0.5	0.43	0.94	0.75	0.16		0.74	0.46	1.0	0.78	0.99	0.31	-0.67	-0.76	0.16	0.83
Short Long Term Debt Total	0.69	0.52	0.73	0.37	0.08	-0.42	0.13	0.75	0.53	-0.07	0.33	0.25	0.83	0.52	0.1	0.74		0.04	0.75	0.99	0.7	0.12	-0.65	-0.53	0.1	0.86
Other Liab	0.61	0.35	0.55	0.69	0.95	-0.35	0.89	-0.44	0.24	0.3	0.89	0.32	0.48	0.24	0.63	0.46	0.04		0.5	0.05	0.56	0.83	-0.45	-0.4	0.63	0.3
Property Plant And Equipment Net	0.96	0.56	0.91	0.84	0.5	-0.41	0.56	0.29	0.53	0.13	0.54	0.44	0.94	0.75	0.2	1.0	0.75	0.5		0.77	0.99	0.35	-0.69	-0.78	0.2	0.83
Net Debt	0.71	0.51	0.78	0.38	0.11	-0.5	0.15	0.71	0.52	-0.03	0.31	0.25	0.86	0.5	0.06	0.78	0.99	0.05	0.77		0.74	0.14	-0.7	-0.49	0.06	0.86
Non Current Assets Total	0.98	0.56	0.94	0.86	0.56	-0.45	0.61	0.21	0.51	0.18	0.57	0.46	0.95	0.71	0.23	0.99	0.7	0.56	0.99	0.74		0.42	-0.7	-0.74	0.23	0.81
Non Currrent Assets Other	0.46	0.08	0.55	0.41	0.88	-0.59	0.7	-0.35	0.19	0.29	0.83	0.13	0.45	0.09	0.68	0.31	0.12	0.83	0.35	0.14	0.42		-0.55	-0.1	0.68	0.23
Cash And Short Term Investments	-0.63	-0.4	-0.76	-0.33	-0.57	0.89	-0.52	-0.35	-0.36	0.04	-0.5	-0.19	-0.76	-0.28	-0.28	-0.67	-0.65	-0.45	-0.69	-0.7	-0.7	-0.55		0.29	-0.28	-0.66
Good Will	-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	-0.1	0.29		-0.1	-0.59
Common Stock Shares Outstanding	0.31	0.2	0.32	0.31	0.62	-0.22	0.5	-0.2	0.18	-0.09	0.72	0.14	0.28	0.05	1.0	0.16	0.1	0.63	0.2	0.06	0.23	0.68	-0.28	-0.1		0.18
Non Current Liabilities Total	0.82	0.65	0.76	0.57	0.37	-0.42	0.47	0.63	0.52	-0.02	0.5	0.56	0.9	0.47	0.18	0.83	0.86	0.3	0.83	0.86	0.81	0.23	-0.66	-0.59	0.18

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Steel Authority Account Relationship Matchups

Steel Authority fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2T	1.2T	1.3T	1.4T	1.6T	886.1B
Other Current Liab	170.8B	139.2B	134.7B	147.9B	170.1B	136.8B
Total Current Liabilities	465.0B	393.4B	493.3B	534.6B	614.8B	309.4B
Total Stockholder Equity	454.1B	542.1B	547.5B	571.0B	656.7B	357.3B
Accounts Payable	80.4B	166.8B	143.4B	153.3B	176.3B	185.1B
Cash	5.2B	1.3B	570.9M	693.8M	624.4M	593.2M
Other Assets	48.4B	71.8B	98.3B	82.5B	94.8B	99.6B
Long Term Debt	197.3B	81.4B	61.1B	95.7B	110.0B	137.2B
Net Receivables	101.4B	66.5B	53.9B	83.6B	96.1B	63.6B
Short Term Investments	661.2M	664.5M	17.6B	756.7M	681.0M	647.0M
Inventory	153.3B	196.1B	277.6B	327.2B	376.3B	395.1B
Other Current Assets	66.7B	90.8B	46.8B	69.2B	79.5B	41.3B
Total Liab	738.4B	659.0B	757.3B	836.1B	961.5B	529.0B
Intangible Assets	14.3B	14.6B	15.2B	14.9B	17.1B	11.6B
Property Plant Equipment	762.8B	750.1B	761.7B	769.1B	884.5B	504.7B
Short Long Term Debt Total	376.8B	172.8B	307.7B	363.2B	417.7B	270.0B
Other Liab	58.9B	58.9B	76.2B	148.1B	170.3B	178.9B
Property Plant And Equipment Net	750.7B	762.3B	769.1B	770.3B	885.9B	555.5B
Net Debt	371.6B	171.5B	307.2B	362.5B	416.9B	209.4B
Non Current Assets Total	870.6B	912.2B	924.9B	925.7B	1.1T	623.1B
Non Currrent Assets Other	42.4B	45.6B	82.5B	94.1B	108.2B	113.6B
Cash And Short Term Investments	5.8B	2.0B	18.1B	1.5B	1.3B	1.2B
Liabilities And Stockholders Equity	1.2T	1.2T	1.3T	1.4T	1.6T	945.7B
Non Current Liabilities Total	273.4B	265.5B	264.0B	301.4B	346.6B	230.8B
Total Current Assets	321.8B	288.9B	379.9B	481.4B	553.6B	322.6B
Accumulated Other Comprehensive Income	69.6B	64.8B	65.2B	63.6B	73.1B	76.8B
Current Deferred Revenue	139.8B	167.8B	115.4B	16.2B	18.6B	17.7B
Retained Earnings	340.8B	433.6B	489.8B	463.8B	533.4B	310.3B
Short Term Debt	179.5B	55.4B	199.2B	215.2B	247.5B	259.8B
Net Tangible Assets	382.0B	400.7B	439.8B	527.5B	606.7B	449.4B
Short Long Term Debt	158.5B	52.5B	195.5B	210.3B	241.9B	163.7B
Long Term Debt Total	345.6B	197.3B	117.4B	108.5B	97.6B	174.0B
Capital Surpluse	300.3B	343.2B	436.0B	441.0B	507.1B	355.8B
Capital Lease Obligations	18.2B	39.0B	51.1B	57.2B	65.8B	69.1B
Cash And Equivalents	195.3M	4.8B	487M	570.9M	656.5M	996.5M

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Steel Other Liab vs Accounts Payable Analysis

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Liab

Accounts Payable

Steel Authority fundamental ratios Correlations

Steel Authority Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steel Authority fundamental ratios Accounts

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Additional Tools for Steel Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Common Stock
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Non Current Assets Total	+ 0.99	Property Plant Equipment
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.98	Total Assets

Good Will	- 0.87	Intangible Assets
Good Will	- 0.79	Total Stockholder Equity
Good Will	- 0.78	Property Plant And Equipment Net
Good Will	- 0.76	Property Plant Equipment
Cash And Short Term Investments	- 0.76	Total Liab
Cash And Short Term Investments	- 0.76	Total Current Liabilities