STEEL Reconciled Depreciation vs Cost Of Revenue Analysis

STEELXIND   11.20  0.11  0.99%   
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 Reconciled Depreciation 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.

Reconciled Depreciation vs Cost Of Revenue

Reconciled Depreciation 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 Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between STEEL EXCHANGE's Reconciled Depreciation and Cost Of Revenue is 0.0. Overlapping area represents the amount of variation of Reconciled Depreciation 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 Reconciled Depreciation 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 Reconciled Depreciation 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 Reconciled Depreciation i.e., STEEL EXCHANGE's Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Reconciled Depreciation

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 (101 M)
 2021 2022 2023 2024 (projected)
Interest Expense875.2M1.1B778.7M677.7M
Depreciation And Amortization237.5M243.7M213.1M211.8M

STEEL EXCHANGE fundamental ratios Correlations

0.620.470.750.150.710.57-0.350.510.530.64-0.110.50.730.40.350.9-0.130.460.910.850.370.450.37-0.110.1
0.62-0.080.73-0.370.711.0-0.79-0.19-0.140.61-0.08-0.230.150.280.050.69-0.640.390.80.390.250.380.84-0.28-0.12
0.47-0.080.280.210.06-0.150.40.60.750.02-0.280.730.61-0.080.20.420.270.350.330.590.230.12-0.12-0.060.37
0.750.730.28-0.50.390.69-0.390.420.370.28-0.480.30.58-0.05-0.20.91-0.120.390.90.83-0.060.370.81-0.60.46
0.15-0.370.21-0.50.19-0.370.170.10.170.290.470.270.080.560.5-0.170.230.17-0.21-0.090.55-0.03-0.730.85-0.52
0.710.710.060.390.190.71-0.74-0.14-0.060.980.49-0.030.120.750.590.47-0.590.450.60.260.720.550.330.14-0.52
0.571.0-0.150.69-0.370.71-0.82-0.26-0.220.61-0.04-0.310.090.30.030.64-0.660.390.750.330.260.380.84-0.25-0.17
-0.35-0.790.4-0.390.17-0.74-0.820.450.51-0.71-0.370.510.28-0.52-0.05-0.310.52-0.44-0.440.02-0.45-0.32-0.59-0.040.52
0.51-0.190.60.420.1-0.14-0.260.450.91-0.18-0.470.880.78-0.250.050.540.57-0.070.430.78-0.32-0.07-0.13-0.290.68
0.53-0.140.750.370.17-0.06-0.220.510.91-0.11-0.440.950.75-0.20.160.540.39-0.060.420.76-0.17-0.07-0.13-0.220.58
0.640.610.020.280.290.980.61-0.71-0.18-0.110.61-0.060.060.830.630.37-0.540.430.480.170.780.520.210.23-0.6
-0.11-0.08-0.28-0.480.470.49-0.04-0.37-0.47-0.440.61-0.32-0.530.710.55-0.42-0.280.01-0.34-0.530.670.11-0.370.52-0.8
0.5-0.230.730.30.27-0.03-0.310.510.880.95-0.06-0.320.68-0.160.140.470.420.020.340.69-0.070.08-0.21-0.090.47
0.730.150.610.580.080.120.090.280.780.750.06-0.530.68-0.020.190.690.290.220.640.9-0.070.250.1-0.290.59
0.40.28-0.08-0.050.560.750.3-0.52-0.25-0.20.830.71-0.16-0.020.560.07-0.250.440.12-0.020.830.26-0.090.54-0.7
0.350.050.2-0.20.50.590.03-0.050.050.160.630.550.140.190.56-0.01-0.35-0.120.110.020.490.24-0.40.23-0.37
0.90.690.420.91-0.170.470.64-0.310.540.540.37-0.420.470.690.07-0.01-0.120.390.960.910.060.370.62-0.340.36
-0.13-0.640.27-0.120.23-0.59-0.660.520.570.39-0.54-0.280.420.29-0.25-0.35-0.120.03-0.250.19-0.27-0.41-0.460.040.43
0.460.390.350.390.170.450.39-0.44-0.07-0.060.430.010.020.220.44-0.120.390.030.370.320.640.50.30.27-0.24
0.910.80.330.9-0.210.60.75-0.440.430.420.48-0.340.340.640.120.110.96-0.250.370.840.10.40.65-0.380.27
0.850.390.590.83-0.090.260.330.020.780.760.17-0.530.690.9-0.020.020.910.190.320.84-0.050.270.38-0.40.58
0.370.250.23-0.060.550.720.26-0.45-0.32-0.170.780.67-0.07-0.070.830.490.06-0.270.640.1-0.050.43-0.10.56-0.7
0.450.380.120.37-0.030.550.38-0.32-0.07-0.070.520.110.080.250.260.240.37-0.410.50.40.270.430.3-0.04-0.16
0.370.84-0.120.81-0.730.330.84-0.59-0.13-0.130.21-0.37-0.210.1-0.09-0.40.62-0.460.30.650.38-0.10.3-0.550.21
-0.11-0.28-0.06-0.60.850.14-0.25-0.04-0.29-0.220.230.52-0.09-0.290.540.23-0.340.040.27-0.38-0.40.56-0.04-0.55-0.71
0.1-0.120.370.46-0.52-0.52-0.170.520.680.58-0.6-0.80.470.59-0.7-0.370.360.43-0.240.270.58-0.7-0.160.21-0.71
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STEEL EXCHANGE Account Relationship Matchups

STEEL EXCHANGE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B9.9B11.2B11.3B12.7B13.0B
Short Long Term Debt Total10.3B4.6B4.4B2.4B3.8B5.8B
Other Current Liab292.2M391.8M530.5M611.1M955.1M616.8M
Total Current Liabilities10.8B2.2B2.8B3.8B2.6B2.5B
Total Stockholder Equity1.6B3.0B4.5B5.2B6.6B6.9B
Property Plant And Equipment Net6.7B6.2B6.0B5.9B6.3B5.2B
Net Debt9.9B4.4B4.3B2.3B3.7B5.4B
Retained Earnings(5.0B)(3.6B)(2.5B)(3.1B)(2.9B)(3.1B)
Accounts Payable1.1B948.6M807.6M1.4B1.3B1.8B
Cash255.6M20.7M142.7M112.9M200.8M213.4M
Non Current Assets Total6.9B6.6B7.2B6.7B7.2B5.6B
Non Currrent Assets Other191.9M391.3M431.9M406.9M392.9M198.5M
Cash And Short Term Investments255.6M20.7M142.7M425.1M200.8M229.6M
Net Receivables950.7M1.1B1.3B1.1B1.7B1.6B
Liabilities And Stockholders Equity13.9B9.9B11.2B11.3B12.7B13.0B
Non Current Liabilities Total1.5B4.6B3.9B2.3B3.4B2.8B
Inventory5.8B1.9B2.4B2.8B3.0B4.3B
Other Stockholder Equity4.2B1.8B1.6B7.2B8.4B4.4B
Total Liab12.3B6.9B6.7B6.1B6.1B10.0B
Total Current Assets7.0B3.2B4.0B4.6B5.5B5.4B
Accumulated Other Comprehensive Income(4.2B)4.1B4.5B4.2B5.4B5.7B
Current Deferred Revenue301.0M630.8M507.1M1.4B247.1M234.8M
Short Term Debt9.1B250.1M959.9M1.1B419.5M398.5M
Other Liab305.2M329.5M19.5M23.8M21.4M20.3M
Net Tangible Assets1.6B3.0B4.9B5.2B5.9B3.3B
Long Term Debt1.2B4.3B3.4B2.3B3.4B2.8B
Short Long Term Debt9.1B250M98.7M100M419.5M398.5M
Property Plant Equipment6.7B6.2B6.0B5.9B5.3B5.4B
Long Term Debt Total1.2B4.3B3.4B2.3B2.6B2.6B
Capital Lease Obligations764.6K123.3K0.07.3M6.5M6.9M
Net Invested Capital11.7B3.0B5.0B7.6B10.4B7.0B
Net Working Capital(3.8B)1.0B1.2B754.1M2.8B3.0B
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.