Sarthak Other Current Liab vs Retained Earnings Analysis

SMLT Stock   161.53  5.84  3.75%   
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 Other Current Liab 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.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sarthak Metals Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sarthak Metals' Other Current Liab and Retained Earnings is 0.47. Overlapping area represents the amount of variation of Other Current Liab 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' Other Current Liab 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 Other Current Liab 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 Other Current Liab i.e., Sarthak Metals' Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

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 Expense40.0M13.4M7.8M7.4M
Depreciation And Amortization16.9M15.4M20.3M16.0M

Sarthak Metals fundamental ratios Correlations

0.50.57-0.10.840.880.38-0.40.80.410.560.810.140.530.440.290.80.290.84-0.051.0-0.350.750.860.65-0.91
0.50.380.370.320.670.20.210.230.070.20.59-0.090.170.160.440.69-0.030.680.40.470.360.70.17-0.03-0.45
0.570.38-0.130.490.580.45-0.210.47-0.120.290.55-0.330.260.080.520.470.280.57-0.050.56-0.180.330.550.2-0.57
-0.10.37-0.13-0.540.010.510.91-0.610.54-0.630.06-0.67-0.74-0.660.520.36-0.150.140.99-0.120.930.11-0.17-0.240.2
0.840.320.49-0.540.710.07-0.780.990.110.840.650.520.870.72-0.010.530.270.63-0.50.85-0.720.60.760.63-0.88
0.880.670.580.010.710.27-0.230.660.250.430.970.080.440.420.380.840.30.860.060.84-0.150.740.580.65-0.88
0.380.20.450.510.070.270.310.040.57-0.10.32-0.55-0.2-0.210.840.640.10.350.580.370.280.150.460.09-0.35
-0.40.21-0.210.91-0.78-0.230.31-0.830.24-0.86-0.16-0.77-0.91-0.790.460.08-0.24-0.120.9-0.420.97-0.13-0.44-0.450.45
0.80.230.47-0.610.990.660.04-0.830.080.850.590.560.890.74-0.060.460.320.56-0.570.81-0.790.510.740.61-0.85
0.410.07-0.120.540.110.250.570.240.08-0.10.32-0.19-0.19-0.230.280.560.20.290.540.420.20.240.460.44-0.34
0.560.20.29-0.630.840.43-0.1-0.860.85-0.10.330.760.970.86-0.270.190.20.39-0.620.57-0.730.390.470.4-0.54
0.810.590.550.060.650.970.32-0.160.590.320.330.030.340.320.40.840.340.810.110.76-0.110.660.540.7-0.86
0.14-0.09-0.33-0.670.520.08-0.55-0.770.56-0.190.760.030.810.83-0.65-0.170.12-0.02-0.710.15-0.680.090.020.28-0.19
0.530.170.26-0.740.870.44-0.2-0.910.89-0.190.970.340.810.92-0.290.180.180.34-0.720.54-0.80.370.430.41-0.58
0.440.160.08-0.660.720.42-0.21-0.790.74-0.230.860.320.830.92-0.230.180.10.24-0.640.45-0.680.330.230.36-0.48
0.290.440.520.52-0.010.380.840.46-0.060.28-0.270.4-0.65-0.29-0.230.690.110.380.620.270.430.160.22-0.07-0.37
0.80.690.470.360.530.840.640.080.460.560.190.84-0.170.180.180.690.180.770.420.770.120.70.580.45-0.82
0.29-0.030.28-0.150.270.30.1-0.240.320.20.20.340.120.180.10.110.180.22-0.120.28-0.27-0.280.240.23-0.37
0.840.680.570.140.630.860.35-0.120.560.290.390.81-0.020.340.240.380.770.220.180.82-0.040.760.670.49-0.77
-0.050.4-0.050.99-0.50.060.580.9-0.570.54-0.620.11-0.71-0.72-0.640.620.42-0.120.18-0.070.910.12-0.12-0.230.14
1.00.470.56-0.120.850.840.37-0.420.810.420.570.760.150.540.450.270.770.280.82-0.07-0.380.740.880.62-0.89
-0.350.36-0.180.93-0.72-0.150.280.97-0.790.2-0.73-0.11-0.68-0.8-0.680.430.12-0.27-0.040.91-0.38-0.02-0.46-0.470.43
0.750.70.330.110.60.740.15-0.130.510.240.390.660.090.370.330.160.7-0.280.760.120.74-0.020.540.42-0.62
0.860.170.55-0.170.760.580.46-0.440.740.460.470.540.020.430.230.220.580.240.67-0.120.88-0.460.540.57-0.77
0.65-0.030.2-0.240.630.650.09-0.450.610.440.40.70.280.410.36-0.070.450.230.49-0.230.62-0.470.420.57-0.7
-0.91-0.45-0.570.2-0.88-0.88-0.350.45-0.85-0.34-0.54-0.86-0.19-0.58-0.48-0.37-0.82-0.37-0.770.14-0.890.43-0.62-0.77-0.7
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Sarthak Metals Account Relationship Matchups

Sarthak Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.6M914.5M1.2B1.1B1.2B786.2M
Short Long Term Debt Total361.0M234.6M312.0M223.3M256.8M270.9M
Other Current Liab13.8M42.1M13.5M35.1M17.8M17.1M
Total Current Liabilities277.2M306.4M347.0M40.3M26.1M24.8M
Total Stockholder Equity461.7M534.5M779.4M1.0B1.2B1.2B
Property Plant And Equipment Net144.5M137.3M113.0M127.5M153.1M112.1M
Current Deferred Revenue11.1M47.9M45.1M950K4.4M4.2M
Net Debt222.4M293.6M158.6M(73.3M)(163.8M)(155.6M)
Retained Earnings280.9M350.8M599.8M870.0M980.9M1.0B
Accounts Payable38.7M6.5M102.8M5.2M1.3M1.2M
Cash12.2M18.4M64.7M73.3M163.8M171.9M
Non Current Assets Total181.0M156.5M137.7M142.7M156.9M132.9M
Non Currrent Assets Other350.0K(145.2M)1K(65K)185.9M195.2M
Cash And Short Term Investments12.2M18.4M64.7M151.7M349.6M367.1M
Liabilities And Stockholders Equity762.6M914.5M1.2B1.1B1.2B786.2M
Non Current Liabilities Total23.8M73.5M34.4M9.6M12.3M11.7M
Inventory219.3M297.6M281.3M145.4M200.3M177.5M
Other Current Assets67.4M58.2M108.6M129.5M95.0M74.7M
Total Liab300.9M379.9M381.4M49.9M38.4M36.5M
Total Current Assets581.6M758.0M1.0B957.2M1.0B653.3M
Short Term Debt214.4M267.9M165.9M950K(4.4M)(4.2M)
Net Receivables282.0M381.8M568.4M530.6M397.4M361.4M
Other Assets28.3M6.017.0M15.0M17.2M9.5M
Intangible Assets716.3K434.8K263K199K121K115.0K
Other Liab7.6M9.0M8.6M9.6M11.0M7.8M
Net Tangible Assets461.0M530.6M779.1M1.0B1.2B661.3M
Net Invested Capital696.3M846.5M1.0B1.0B1.2B968.9M
Net Working Capital304.4M451.6M676.1M916.8M1.0B620.6M
Property Plant Equipment144.5M137.3M113.0M127.5M146.6M138.4M

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