STEEL Depreciation And Amortization vs Cost Of Revenue Analysis

STEELXIND   7.85  0.16  2.00%   
STEEL EXCHANGE financial indicator trend analysis is much more than just breaking down STEEL EXCHANGE INDIA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STEEL EXCHANGE INDIA is a good investment. Please check the relationship between STEEL EXCHANGE Depreciation And Amortization and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STEEL EXCHANGE INDIA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Cost Of Revenue

Depreciation And Amortization vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STEEL EXCHANGE INDIA Depreciation And Amortization account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between STEEL EXCHANGE's Depreciation And Amortization and Cost Of Revenue is 0.5. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of STEEL EXCHANGE INDIA, assuming nothing else is changed. The correlation between historical values of STEEL EXCHANGE's Depreciation And Amortization and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of STEEL EXCHANGE INDIA are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., STEEL EXCHANGE's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Cost Of Revenue

Cost of Revenue is found on STEEL EXCHANGE INDIA income statement and represents the costs associated with goods and services STEEL EXCHANGE provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from STEEL EXCHANGE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STEEL EXCHANGE INDIA 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 EXCHANGE INDIA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 96 M. The current Tax Provision is estimated to decrease to about (90.9 M)
 2022 2023 2024 2025 (projected)
Interest Expense1.1B778.7M895.5M677.7M
Depreciation And Amortization243.7M213.1M245.0M211.8M

STEEL EXCHANGE fundamental ratios Correlations

0.60.470.70.170.710.56-0.350.490.520.64-0.050.480.710.380.360.87-0.120.430.870.810.360.420.33-0.050.06
0.6-0.090.73-0.350.661.0-0.79-0.16-0.130.54-0.1-0.220.160.150.010.69-0.640.290.80.40.150.40.84-0.29-0.08
0.47-0.090.250.190.07-0.150.390.580.740.04-0.250.710.6-0.020.210.40.280.280.310.570.220.11-0.13-0.040.34
0.70.730.25-0.540.30.69-0.40.440.380.17-0.60.320.59-0.2-0.260.92-0.130.10.910.84-0.190.40.82-0.620.5
0.17-0.350.19-0.540.26-0.350.18-0.010.090.370.710.150.00.660.54-0.210.20.52-0.26-0.180.64-0.15-0.730.9-0.59
0.710.660.070.30.260.66-0.7-0.18-0.080.980.48-0.060.090.720.620.42-0.560.440.520.20.720.470.240.23-0.55
0.561.0-0.150.69-0.350.66-0.82-0.24-0.210.55-0.06-0.290.10.180.010.64-0.660.30.750.340.170.390.83-0.26-0.13
-0.35-0.790.39-0.40.18-0.7-0.820.430.5-0.66-0.30.490.26-0.38-0.04-0.310.52-0.35-0.440.01-0.35-0.33-0.590.010.46
0.49-0.160.580.44-0.01-0.18-0.240.430.91-0.22-0.490.880.79-0.3-0.010.550.55-0.160.450.79-0.35-0.03-0.08-0.330.69
0.52-0.130.740.380.09-0.08-0.210.50.91-0.13-0.430.950.76-0.220.120.540.38-0.110.430.76-0.2-0.05-0.1-0.240.58
0.640.540.040.170.370.980.55-0.66-0.22-0.130.59-0.090.020.810.660.3-0.490.450.380.10.790.420.110.33-0.64
-0.05-0.1-0.25-0.60.710.48-0.06-0.3-0.49-0.430.59-0.34-0.530.690.57-0.41-0.240.29-0.35-0.570.68-0.06-0.510.77-0.89
0.48-0.220.710.320.15-0.06-0.290.490.880.95-0.09-0.340.69-0.20.10.480.41-0.060.350.69-0.120.1-0.17-0.130.48
0.710.160.60.590.00.090.10.260.790.760.02-0.530.69-0.090.150.690.280.10.650.9-0.120.270.12-0.310.59
0.380.15-0.02-0.20.660.720.18-0.38-0.3-0.220.810.69-0.2-0.090.6-0.04-0.160.51-0.04-0.140.890.07-0.230.64-0.71
0.360.010.21-0.260.540.620.01-0.04-0.010.120.660.570.10.150.6-0.05-0.320.040.05-0.030.560.16-0.440.33-0.42
0.870.690.40.92-0.210.420.64-0.310.550.540.3-0.410.480.69-0.04-0.05-0.130.270.960.91-0.030.390.63-0.360.38
-0.12-0.640.28-0.130.2-0.56-0.660.520.550.38-0.49-0.240.410.28-0.16-0.32-0.130.02-0.260.18-0.19-0.41-0.460.050.39
0.430.290.280.10.520.440.3-0.35-0.16-0.110.450.29-0.060.10.510.040.270.020.230.130.660.250.040.6-0.44
0.870.80.310.91-0.260.520.75-0.440.450.430.38-0.350.350.65-0.040.050.96-0.260.230.85-0.030.420.67-0.410.31
0.810.40.570.84-0.180.20.340.010.790.760.1-0.570.690.9-0.14-0.030.910.180.130.85-0.140.30.41-0.440.6
0.360.150.22-0.190.640.720.17-0.35-0.35-0.20.790.68-0.12-0.120.890.56-0.03-0.190.66-0.03-0.140.24-0.220.66-0.73
0.420.40.110.4-0.150.470.39-0.33-0.03-0.050.42-0.060.10.270.070.160.39-0.410.250.420.30.240.34-0.11-0.08
0.330.84-0.130.82-0.730.240.83-0.59-0.08-0.10.11-0.51-0.170.12-0.23-0.440.63-0.460.040.670.41-0.220.34-0.590.27
-0.05-0.29-0.04-0.620.90.23-0.260.01-0.33-0.240.330.77-0.13-0.310.640.33-0.360.050.6-0.41-0.440.66-0.11-0.59-0.74
0.06-0.080.340.5-0.59-0.55-0.130.460.690.58-0.64-0.890.480.59-0.71-0.420.380.39-0.440.310.6-0.73-0.080.27-0.74
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STEEL EXCHANGE Account Relationship Matchups

STEEL EXCHANGE fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.9B11.2B11.3B12.7B14.6B13.0B
Short Long Term Debt Total4.6B4.4B2.4B3.8B4.4B5.8B
Other Current Liab391.8M530.5M611.1M955.1M859.6M616.8M
Total Current Liabilities2.2B2.8B3.8B2.6B3.0B2.9B
Total Stockholder Equity3.0B4.5B5.2B6.6B7.6B8.0B
Property Plant And Equipment Net6.2B6.0B5.9B6.3B7.2B5.2B
Net Debt4.4B4.3B2.3B3.7B4.3B5.4B
Retained Earnings(3.6B)(2.5B)(3.1B)(2.9B)(2.6B)(2.8B)
Accounts Payable948.6M807.6M1.4B1.3B1.1B1.8B
Cash20.7M142.7M112.9M200.8M180.7M213.4M
Non Current Assets Total6.6B7.2B6.7B7.2B8.3B5.6B
Non Currrent Assets Other391.3M431.9M406.9M392.9M451.9M474.5M
Cash And Short Term Investments20.7M142.7M425.1M200.8M180.7M229.6M
Net Receivables1.1B1.3B1.1B1.7B1.6B1.6B
Common Stock Shares Outstanding766.8M872.2M826.3M1.2B1.4B725.8M
Liabilities And Stockholders Equity9.9B11.2B11.3B12.7B14.6B13.0B
Non Current Liabilities Total4.6B3.9B2.3B3.4B3.9B2.8B
Inventory1.9B2.4B2.8B3.0B3.4B4.3B
Other Current Assets199.6M211.1M577.8M601.7M541.5M373.1M
Other Stockholder Equity1.8B1.6B7.2B8.4B9.6B10.1B
Total Liab6.9B6.7B6.1B6.1B7.0B10.0B
Total Current Assets3.2B4.0B4.6B5.5B4.9B5.4B
Accumulated Other Comprehensive Income4.1B4.5B4.2B5.4B6.2B6.5B
Common Stock803.9M880.8M1.0B1.2B1.4B793.9M
Current Deferred Revenue630.8M507.1M1.4B247.1M222.4M211.3M
Short Term Debt250.1M959.9M1.1B419.5M377.5M358.7M
Other Liab305.2M329.5M19.5M23.8M21.4M20.3M
Net Tangible Assets1.6B3.0B4.9B5.2B5.9B3.3B
Long Term Debt4.3B3.4B2.3B3.4B3.9B2.8B
Short Long Term Debt250M98.7M100M419.5M377.5M358.7M
Property Plant Equipment6.7B6.2B6.0B5.9B5.3B5.4B
Long Term Debt Total1.2B4.3B3.4B2.3B2.6B2.6B
Capital Lease Obligations123.3K0.07.3M7.6M8.7M9.2M
Net Invested Capital3.0B5.0B7.6B10.4B9.4B7.0B
Net Working Capital1.0B1.2B754.1M2.8B3.3B3.4B
Deferred Long Term Liab5.0M182.9M146.3M118.1M135.8M101.7M

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Other Information on Investing in STEEL Stock

Balance Sheet is a snapshot of the financial position of STEEL EXCHANGE INDIA at a specified time, usually calculated after every quarter, six months, or one year. STEEL EXCHANGE Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of STEEL EXCHANGE and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which STEEL currently owns. An asset can also be divided into two categories, current and non-current.