Sarthak Net Debt vs Retained Earnings Analysis

SMLT Stock

157.13 4.40 2.72%

Sarthak Metals financial indicator trend analysis is much more than just breaking down Sarthak Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sarthak Metals is a good investment. Please check the relationship between Sarthak Metals Net Debt and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sarthak Metals 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sarthak Metals Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Sarthak Metals' Net Debt and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Sarthak Metals Limited, assuming nothing else is changed. The correlation between historical values of Sarthak Metals' Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Sarthak Metals Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Sarthak Metals' Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

Most indicators from Sarthak Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sarthak Metals 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 Sarthak Metals 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.

Selling General Administrative is likely to gain to about 101.2 M in 2024. Tax Provision is likely to gain to about 52 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	40.0M	13.4M	7.8M	7.4M
Depreciation And Amortization	16.9M	15.4M	20.3M	16.0M

Interest Expense Depreciation And Amortization

Sarthak Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Other Assets	Intangible Assets
Total Assets		0.5	0.57	-0.1	0.84	0.88	0.38	-0.4	0.8	0.41	0.56	0.81	0.14	0.53	0.44	0.29	0.8	0.29	0.84	-0.05	1.0	-0.35	0.75	0.86	0.65	-0.91
Short Long Term Debt Total	0.5		0.38	0.37	0.32	0.67	0.2	0.21	0.23	0.07	0.2	0.59	-0.09	0.17	0.16	0.44	0.69	-0.03	0.68	0.4	0.47	0.36	0.7	0.17	-0.03	-0.45
Other Current Liab	0.57	0.38		-0.13	0.49	0.58	0.45	-0.21	0.47	-0.12	0.29	0.55	-0.33	0.26	0.08	0.52	0.47	0.28	0.57	-0.05	0.56	-0.18	0.33	0.55	0.2	-0.57
Total Current Liabilities	-0.1	0.37	-0.13		-0.54	0.01	0.51	0.91	-0.61	0.54	-0.63	0.06	-0.67	-0.74	-0.66	0.52	0.36	-0.15	0.14	0.99	-0.12	0.93	0.11	-0.17	-0.24	0.2
Total Stockholder Equity	0.84	0.32	0.49	-0.54		0.71	0.07	-0.78	0.99	0.11	0.84	0.65	0.52	0.87	0.72	-0.01	0.53	0.27	0.63	-0.5	0.85	-0.72	0.6	0.76	0.63	-0.88
Property Plant And Equipment Net	0.88	0.67	0.58	0.01	0.71		0.27	-0.23	0.66	0.25	0.43	0.97	0.08	0.44	0.42	0.38	0.84	0.3	0.86	0.06	0.84	-0.15	0.74	0.58	0.65	-0.88
Current Deferred Revenue	0.38	0.2	0.45	0.51	0.07	0.27		0.31	0.04	0.57	-0.1	0.32	-0.55	-0.2	-0.21	0.84	0.64	0.1	0.35	0.58	0.37	0.28	0.15	0.46	0.09	-0.35
Net Debt	-0.4	0.21	-0.21	0.91	-0.78	-0.23	0.31		-0.83	0.24	-0.86	-0.16	-0.77	-0.91	-0.79	0.46	0.08	-0.24	-0.12	0.9	-0.42	0.97	-0.13	-0.44	-0.45	0.45
Retained Earnings	0.8	0.23	0.47	-0.61	0.99	0.66	0.04	-0.83		0.08	0.85	0.59	0.56	0.89	0.74	-0.06	0.46	0.32	0.56	-0.57	0.81	-0.79	0.51	0.74	0.61	-0.85
Accounts Payable	0.41	0.07	-0.12	0.54	0.11	0.25	0.57	0.24	0.08		-0.1	0.32	-0.19	-0.19	-0.23	0.28	0.56	0.2	0.29	0.54	0.42	0.2	0.24	0.46	0.44	-0.34
Cash	0.56	0.2	0.29	-0.63	0.84	0.43	-0.1	-0.86	0.85	-0.1		0.33	0.76	0.97	0.86	-0.27	0.19	0.2	0.39	-0.62	0.57	-0.73	0.39	0.47	0.4	-0.54
Non Current Assets Total	0.81	0.59	0.55	0.06	0.65	0.97	0.32	-0.16	0.59	0.32	0.33		0.03	0.34	0.32	0.4	0.84	0.34	0.81	0.11	0.76	-0.11	0.66	0.54	0.7	-0.86
Non Currrent Assets Other	0.14	-0.09	-0.33	-0.67	0.52	0.08	-0.55	-0.77	0.56	-0.19	0.76	0.03		0.81	0.83	-0.65	-0.17	0.12	-0.02	-0.71	0.15	-0.68	0.09	0.02	0.28	-0.19
Cash And Short Term Investments	0.53	0.17	0.26	-0.74	0.87	0.44	-0.2	-0.91	0.89	-0.19	0.97	0.34	0.81		0.92	-0.29	0.18	0.18	0.34	-0.72	0.54	-0.8	0.37	0.43	0.41	-0.58
Common Stock Shares Outstanding	0.44	0.16	0.08	-0.66	0.72	0.42	-0.21	-0.79	0.74	-0.23	0.86	0.32	0.83	0.92		-0.23	0.18	0.1	0.24	-0.64	0.45	-0.68	0.33	0.23	0.36	-0.48
Non Current Liabilities Total	0.29	0.44	0.52	0.52	-0.01	0.38	0.84	0.46	-0.06	0.28	-0.27	0.4	-0.65	-0.29	-0.23		0.69	0.11	0.38	0.62	0.27	0.43	0.16	0.22	-0.07	-0.37
Inventory	0.8	0.69	0.47	0.36	0.53	0.84	0.64	0.08	0.46	0.56	0.19	0.84	-0.17	0.18	0.18	0.69		0.18	0.77	0.42	0.77	0.12	0.7	0.58	0.45	-0.82
Other Current Assets	0.29	-0.03	0.28	-0.15	0.27	0.3	0.1	-0.24	0.32	0.2	0.2	0.34	0.12	0.18	0.1	0.11	0.18		0.22	-0.12	0.28	-0.27	-0.28	0.24	0.23	-0.37
Other Stockholder Equity	0.84	0.68	0.57	0.14	0.63	0.86	0.35	-0.12	0.56	0.29	0.39	0.81	-0.02	0.34	0.24	0.38	0.77	0.22		0.18	0.82	-0.04	0.76	0.67	0.49	-0.77
Total Liab	-0.05	0.4	-0.05	0.99	-0.5	0.06	0.58	0.9	-0.57	0.54	-0.62	0.11	-0.71	-0.72	-0.64	0.62	0.42	-0.12	0.18		-0.07	0.91	0.12	-0.12	-0.23	0.14
Total Current Assets	1.0	0.47	0.56	-0.12	0.85	0.84	0.37	-0.42	0.81	0.42	0.57	0.76	0.15	0.54	0.45	0.27	0.77	0.28	0.82	-0.07		-0.38	0.74	0.88	0.62	-0.89
Short Term Debt	-0.35	0.36	-0.18	0.93	-0.72	-0.15	0.28	0.97	-0.79	0.2	-0.73	-0.11	-0.68	-0.8	-0.68	0.43	0.12	-0.27	-0.04	0.91	-0.38		-0.02	-0.46	-0.47	0.43
Common Stock	0.75	0.7	0.33	0.11	0.6	0.74	0.15	-0.13	0.51	0.24	0.39	0.66	0.09	0.37	0.33	0.16	0.7	-0.28	0.76	0.12	0.74	-0.02		0.54	0.42	-0.62
Net Receivables	0.86	0.17	0.55	-0.17	0.76	0.58	0.46	-0.44	0.74	0.46	0.47	0.54	0.02	0.43	0.23	0.22	0.58	0.24	0.67	-0.12	0.88	-0.46	0.54		0.57	-0.77
Other Assets	0.65	-0.03	0.2	-0.24	0.63	0.65	0.09	-0.45	0.61	0.44	0.4	0.7	0.28	0.41	0.36	-0.07	0.45	0.23	0.49	-0.23	0.62	-0.47	0.42	0.57		-0.7
Intangible Assets	-0.91	-0.45	-0.57	0.2	-0.88	-0.88	-0.35	0.45	-0.85	-0.34	-0.54	-0.86	-0.19	-0.58	-0.48	-0.37	-0.82	-0.37	-0.77	0.14	-0.89	0.43	-0.62	-0.77	-0.7

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Sarthak Metals Account Relationship Matchups

Sarthak Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	762.6M	914.5M	1.2B	1.1B	1.2B	786.2M
Short Long Term Debt Total	361.0M	234.6M	312.0M	223.3M	256.8M	270.9M
Other Current Liab	13.8M	42.1M	13.5M	35.1M	17.8M	17.1M
Total Current Liabilities	277.2M	306.4M	347.0M	40.3M	26.1M	24.8M
Total Stockholder Equity	461.7M	534.5M	779.4M	1.0B	1.2B	1.2B
Property Plant And Equipment Net	144.5M	137.3M	113.0M	127.5M	153.1M	112.1M
Current Deferred Revenue	11.1M	47.9M	45.1M	950K	4.4M	4.2M
Net Debt	222.4M	293.6M	158.6M	(73.3M)	(163.8M)	(155.6M)
Retained Earnings	280.9M	350.8M	599.8M	870.0M	980.9M	1.0B
Accounts Payable	38.7M	6.5M	102.8M	5.2M	1.3M	1.2M
Cash	12.2M	18.4M	64.7M	73.3M	163.8M	171.9M
Non Current Assets Total	181.0M	156.5M	137.7M	142.7M	156.9M	132.9M
Non Currrent Assets Other	350.0K	(145.2M)	1K	(65K)	185.9M	195.2M
Cash And Short Term Investments	12.2M	18.4M	64.7M	151.7M	349.6M	367.1M
Liabilities And Stockholders Equity	762.6M	914.5M	1.2B	1.1B	1.2B	786.2M
Non Current Liabilities Total	23.8M	73.5M	34.4M	9.6M	12.3M	11.7M
Inventory	219.3M	297.6M	281.3M	145.4M	200.3M	177.5M
Other Current Assets	67.4M	58.2M	108.6M	129.5M	95.0M	74.7M
Total Liab	300.9M	379.9M	381.4M	49.9M	38.4M	36.5M
Total Current Assets	581.6M	758.0M	1.0B	957.2M	1.0B	653.3M
Short Term Debt	214.4M	267.9M	165.9M	950K	(4.4M)	(4.2M)
Net Receivables	282.0M	381.8M	568.4M	530.6M	397.4M	361.4M
Other Assets	28.3M	6.0	17.0M	15.0M	17.2M	9.5M
Intangible Assets	716.3K	434.8K	263K	199K	121K	115.0K
Other Liab	7.6M	9.0M	8.6M	9.6M	11.0M	7.8M
Net Tangible Assets	461.0M	530.6M	779.1M	1.0B	1.2B	661.3M
Net Invested Capital	696.3M	846.5M	1.0B	1.0B	1.2B	968.9M
Net Working Capital	304.4M	451.6M	676.1M	916.8M	1.0B	620.6M
Property Plant Equipment	144.5M	137.3M	113.0M	127.5M	146.6M	138.4M

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Sarthak Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

Sarthak Metals fundamental ratios Correlations

Sarthak Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sarthak Metals fundamental ratios Accounts

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Short Term Debt	+ 0.97	Net Debt
Cash And Short Term Investments	+ 0.97	Cash

Cash And Short Term Investments	- 0.91	Net Debt
Intangible Assets	- 0.91	Total Assets
Intangible Assets	- 0.89	Total Current Assets
Intangible Assets	- 0.88	Property Plant And Equipment Net
Intangible Assets	- 0.88	Total Stockholder Equity
Intangible Assets	- 0.86	Non Current Assets Total