Sarthak Total Assets vs Other Assets Analysis

SMLT Stock   140.16  5.24  3.60%   
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 Total Assets and its Other Assets 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.

Total Assets vs Other Assets

Total Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sarthak Metals Total Assets account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sarthak Metals' Total Assets and Other Assets is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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' Total Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Sarthak Metals Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Sarthak Metals' Total Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Sarthak Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sarthak Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Assets

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 116.4 M in 2025, whereas Tax Provision is likely to drop slightly above 52 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense13.4M7.8M7.0M6.7M
Depreciation And Amortization15.4M20.3M23.4M16.0M

Sarthak Metals fundamental ratios Correlations

0.40.55-0.280.840.910.26-0.540.820.280.650.840.350.640.450.20.790.330.84-0.241.0-0.480.730.860.68-0.9
0.40.380.370.250.560.220.240.180.080.140.52-0.090.110.170.490.67-0.030.640.40.380.370.680.15-0.06-0.4
0.550.38-0.170.460.560.43-0.240.44-0.140.290.55-0.20.270.120.510.480.290.57-0.10.54-0.210.350.560.23-0.57
-0.280.37-0.17-0.64-0.190.510.93-0.690.55-0.71-0.11-0.74-0.78-0.570.440.23-0.20.010.99-0.290.940.04-0.27-0.310.3
0.840.250.46-0.640.75-0.01-0.831.00.010.890.690.680.910.690.020.540.30.64-0.610.85-0.780.580.750.63-0.86
0.910.560.56-0.190.750.18-0.40.710.150.560.970.310.570.450.290.830.340.86-0.150.88-0.320.730.630.68-0.88
0.260.220.430.51-0.010.180.33-0.040.58-0.150.24-0.52-0.23-0.180.820.590.080.30.570.260.30.130.40.06-0.3
-0.540.24-0.240.93-0.83-0.40.33-0.870.27-0.88-0.31-0.82-0.91-0.640.38-0.03-0.29-0.230.92-0.560.98-0.17-0.51-0.510.52
0.820.180.44-0.691.00.71-0.04-0.87-0.020.90.650.70.920.7-0.010.490.340.58-0.660.82-0.830.510.740.63-0.84
0.280.08-0.140.550.010.150.580.27-0.02-0.160.23-0.24-0.24-0.210.270.510.170.230.540.280.240.220.390.39-0.28
0.650.140.29-0.710.890.56-0.15-0.880.9-0.160.460.840.980.76-0.170.280.240.45-0.70.66-0.780.40.520.45-0.6
0.840.520.55-0.110.690.970.24-0.310.650.230.460.230.470.390.340.840.380.83-0.070.81-0.260.680.590.73-0.87
0.35-0.09-0.2-0.740.680.31-0.52-0.820.7-0.240.840.230.870.73-0.49-0.020.180.14-0.760.36-0.740.160.180.36-0.32
0.640.110.27-0.780.910.57-0.23-0.910.92-0.240.980.470.870.79-0.180.260.230.41-0.770.64-0.830.380.490.46-0.62
0.450.170.12-0.570.690.45-0.18-0.640.7-0.210.760.390.730.79-0.080.230.140.27-0.560.45-0.580.310.310.32-0.43
0.20.490.510.440.020.290.820.38-0.010.27-0.170.34-0.49-0.18-0.080.660.090.340.530.180.360.170.19-0.08-0.38
0.790.670.480.230.540.830.59-0.030.490.510.280.84-0.020.260.230.660.210.780.290.760.010.720.610.49-0.83
0.33-0.030.29-0.20.30.340.08-0.290.340.170.240.380.180.230.140.090.210.25-0.180.32-0.31-0.240.280.27-0.39
0.840.640.570.010.640.860.3-0.230.580.230.450.830.140.410.270.340.780.250.040.82-0.150.770.70.53-0.79
-0.240.4-0.10.99-0.61-0.150.570.92-0.660.54-0.7-0.07-0.76-0.77-0.560.530.29-0.180.04-0.250.930.05-0.23-0.30.24
1.00.380.54-0.290.850.880.26-0.560.820.280.660.810.360.640.450.180.760.320.82-0.25-0.50.720.880.66-0.88
-0.480.37-0.210.94-0.78-0.320.30.98-0.830.24-0.78-0.26-0.74-0.83-0.580.360.01-0.31-0.150.93-0.5-0.08-0.52-0.520.5
0.730.680.350.040.580.730.13-0.170.510.220.40.680.160.380.310.170.72-0.240.770.050.72-0.080.570.44-0.63
0.860.150.56-0.270.750.630.4-0.510.740.390.520.590.180.490.310.190.610.280.7-0.230.88-0.520.570.61-0.79
0.68-0.060.23-0.310.630.680.06-0.510.630.390.450.730.360.460.32-0.080.490.270.53-0.30.66-0.520.440.61-0.72
-0.9-0.4-0.570.3-0.86-0.88-0.30.52-0.84-0.28-0.6-0.87-0.32-0.62-0.43-0.38-0.83-0.39-0.790.24-0.880.5-0.63-0.79-0.72
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Sarthak Metals Account Relationship Matchups

Sarthak Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets914.5M1.2B1.1B1.2B1.4B786.2M
Short Long Term Debt Total361.0M234.6M312.0M223.3M256.8M270.9M
Other Current Liab42.1M13.5M35.1M17.8M20.5M17.1M
Total Current Liabilities306.4M347.0M40.3M26.1M23.5M22.3M
Total Stockholder Equity534.5M779.4M1.0B1.2B1.3B1.4B
Property Plant And Equipment Net137.3M113.0M127.5M153.1M176.0M112.1M
Current Deferred Revenue47.9M45.1M950K4.4M5.1M4.8M
Net Debt293.6M158.6M(73.3M)(163.8M)(147.4M)(140.0M)
Retained Earnings350.8M599.8M870.0M980.9M1.1B1.2B
Accounts Payable6.5M102.8M5.2M1.3M1.5M1.4M
Cash18.4M64.7M73.3M163.8M188.3M197.7M
Non Current Assets Total156.5M137.7M142.7M156.9M180.4M132.9M
Non Currrent Assets Other(145.2M)1K(65K)185.9M213.8M224.5M
Cash And Short Term Investments18.4M64.7M151.7M349.6M402.1M422.2M
Liabilities And Stockholders Equity914.5M1.2B1.1B1.2B1.4B786.2M
Non Current Liabilities Total73.5M34.4M9.6M12.3M14.2M24.8M
Inventory297.6M281.3M145.4M200.3M230.4M177.5M
Other Current Assets58.2M108.6M129.5M95.0M109.3M74.7M
Total Liab379.9M381.4M49.9M38.4M34.6M32.9M
Total Current Assets758.0M1.0B957.2M1.0B1.2B653.3M
Short Term Debt267.9M165.9M950K(4.4M)(4.0M)(3.8M)
Net Receivables381.8M568.4M530.6M397.4M457.0M361.4M
Accumulated Other Comprehensive Income(101K)(708K)(405K)1.0B1.2B1.2B
Other Assets28.3M6.017.0M15.0M17.2M9.5M
Intangible Assets434.8K263K199K121K108.9K103.5K
Other Liab7.6M9.0M8.6M9.6M11.0M7.8M
Net Tangible Assets461.0M530.6M779.1M1.0B1.2B661.3M
Net Invested Capital846.5M1.0B1.0B1.2B1.3B968.9M
Net Working Capital451.6M676.1M916.8M1.0B1.2B620.6M
Property Plant Equipment144.5M137.3M113.0M127.5M146.6M138.4M
Short Term Investments16.1M12.9M78.4M185.9M213.8M224.5M
Property Plant And Equipment Gross288.5M216.1M127.5M153.1M137.8M169.7M

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