Steel Net Borrowings vs Free Cash Flow Analysis

STLD Stock

USD 133.55 1.74 1.29%

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

For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Dynamics Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Steel Dynamics' Net Borrowings and Free Cash Flow is -0.15. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Steel Dynamics, assuming nothing else is changed. The correlation between historical values of Steel Dynamics' Net Borrowings and Free Cash Flow 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 Borrowings of Steel Dynamics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., Steel Dynamics' Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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

For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.At present, Steel Dynamics' Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	1.1B	1.0B	588.6M	348.9M
Cost Of Revenue	13.0B	16.1B	14.7B	15.5B

Total Operating Expenses Cost Of Revenue

Steel Dynamics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.61	0.95	0.96	0.99	0.98	0.28	0.95	0.95	0.86	0.98	0.25	0.91	0.95	-0.05	0.65	0.96	0.9	-0.8	0.96	0.98	0.48	0.96	0.71	0.64	0.85
Short Long Term Debt Total	0.61		0.55	0.51	0.5	0.54	0.76	0.38	0.58	0.6	0.58	-0.06	0.49	0.62	0.35	0.99	0.63	0.5	-0.16	0.76	0.61	0.06	0.42	0.82	0.84	0.29
Other Current Liab	0.95	0.55		0.94	0.95	0.9	0.15	0.92	0.95	0.85	0.87	0.04	0.89	0.99	-0.17	0.63	0.97	0.97	-0.8	0.91	0.99	0.32	0.93	0.58	0.53	0.77
Total Current Liabilities	0.96	0.51	0.94		0.96	0.93	0.22	0.94	0.97	0.78	0.93	0.31	0.84	0.94	-0.14	0.55	0.95	0.89	-0.83	0.92	0.95	0.59	0.95	0.64	0.55	0.86
Total Stockholder Equity	0.99	0.5	0.95	0.96		0.98	0.15	0.99	0.93	0.85	0.96	0.26	0.93	0.92	-0.16	0.54	0.93	0.9	-0.86	0.91	0.97	0.5	0.98	0.66	0.54	0.88
Property Plant And Equipment Net	0.98	0.54	0.9	0.93	0.98		0.26	0.96	0.91	0.82	0.99	0.38	0.9	0.88	-0.08	0.57	0.9	0.86	-0.8	0.92	0.93	0.53	0.97	0.7	0.58	0.87
Net Debt	0.28	0.76	0.15	0.22	0.15	0.26		0.05	0.26	0.05	0.35	0.13	-0.01	0.28	0.62	0.71	0.31	0.09	0.2	0.49	0.21	0.14	0.12	0.61	0.7	0.13
Retained Earnings	0.95	0.38	0.92	0.94	0.99	0.96	0.05		0.89	0.8	0.94	0.31	0.91	0.88	-0.27	0.43	0.88	0.87	-0.91	0.84	0.93	0.55	0.98	0.58	0.42	0.92
Accounts Payable	0.95	0.58	0.95	0.97	0.93	0.91	0.26	0.89		0.81	0.9	0.24	0.81	0.96	-0.12	0.64	0.98	0.93	-0.78	0.94	0.96	0.42	0.92	0.61	0.55	0.78
Cash	0.86	0.6	0.85	0.78	0.85	0.82	0.05	0.8	0.81		0.79	0.05	0.96	0.8	-0.06	0.64	0.81	0.83	-0.68	0.83	0.89	0.21	0.77	0.61	0.6	0.59
Non Current Assets Total	0.98	0.58	0.87	0.93	0.96	0.99	0.35	0.94	0.9	0.79		0.39	0.86	0.87	0.0	0.6	0.89	0.81	-0.77	0.94	0.91	0.58	0.95	0.75	0.64	0.89
Non Currrent Assets Other	0.25	-0.06	0.04	0.31	0.26	0.38	0.13	0.31	0.24	0.05	0.39		0.13	0.02	0.05	-0.13	0.14	0.05	-0.29	0.21	0.11	0.66	0.31	0.33	0.11	0.32
Cash And Short Term Investments	0.91	0.49	0.89	0.84	0.93	0.9	-0.01	0.91	0.81	0.96	0.86	0.13		0.82	-0.17	0.53	0.82	0.84	-0.82	0.82	0.92	0.36	0.86	0.6	0.52	0.74
Net Receivables	0.95	0.62	0.99	0.94	0.92	0.88	0.28	0.88	0.96	0.8	0.87	0.02	0.82		-0.07	0.69	0.99	0.95	-0.73	0.94	0.98	0.33	0.9	0.61	0.6	0.76
Common Stock Shares Outstanding	-0.05	0.35	-0.17	-0.14	-0.16	-0.08	0.62	-0.27	-0.12	-0.06	0.0	0.05	-0.17	-0.07		0.28	-0.04	-0.19	0.56	0.13	-0.1	-0.04	-0.25	0.31	0.66	-0.28
Non Current Liabilities Total	0.65	0.99	0.63	0.55	0.54	0.57	0.71	0.43	0.64	0.64	0.6	-0.13	0.53	0.69	0.28		0.7	0.59	-0.22	0.79	0.67	-0.01	0.47	0.77	0.8	0.33
Inventory	0.96	0.63	0.97	0.95	0.93	0.9	0.31	0.88	0.98	0.81	0.89	0.14	0.82	0.99	-0.04	0.7		0.95	-0.73	0.95	0.98	0.35	0.91	0.65	0.62	0.74
Other Current Assets	0.9	0.5	0.97	0.89	0.9	0.86	0.09	0.87	0.93	0.83	0.81	0.05	0.84	0.95	-0.19	0.59	0.95		-0.73	0.86	0.95	0.21	0.9	0.51	0.45	0.68
Other Stockholder Equity	-0.8	-0.16	-0.8	-0.83	-0.86	-0.8	0.2	-0.91	-0.78	-0.68	-0.77	-0.29	-0.82	-0.73	0.56	-0.22	-0.73	-0.73		-0.65	-0.79	-0.5	-0.87	-0.34	-0.11	-0.84
Total Liab	0.96	0.76	0.91	0.92	0.91	0.92	0.49	0.84	0.94	0.83	0.94	0.21	0.82	0.94	0.13	0.79	0.95	0.86	-0.65		0.94	0.41	0.87	0.76	0.76	0.75
Total Current Assets	0.98	0.61	0.99	0.95	0.97	0.93	0.21	0.93	0.96	0.89	0.91	0.11	0.92	0.98	-0.1	0.67	0.98	0.95	-0.79	0.94		0.36	0.93	0.65	0.61	0.78
Short Term Debt	0.48	0.06	0.32	0.59	0.5	0.53	0.14	0.55	0.42	0.21	0.58	0.66	0.36	0.33	-0.04	-0.01	0.35	0.21	-0.5	0.41	0.36		0.52	0.44	0.26	0.68
Property Plant And Equipment Gross	0.96	0.42	0.93	0.95	0.98	0.97	0.12	0.98	0.92	0.77	0.95	0.31	0.86	0.9	-0.25	0.47	0.91	0.9	-0.87	0.87	0.93	0.52		0.58	0.42	0.91
Common Stock Total Equity	0.71	0.82	0.58	0.64	0.66	0.7	0.61	0.58	0.61	0.61	0.75	0.33	0.6	0.61	0.31	0.77	0.65	0.51	-0.34	0.76	0.65	0.44	0.58		0.85	0.52
Common Stock	0.64	0.84	0.53	0.55	0.54	0.58	0.7	0.42	0.55	0.6	0.64	0.11	0.52	0.6	0.66	0.8	0.62	0.45	-0.11	0.76	0.61	0.26	0.42	0.85		0.34
Other Assets	0.85	0.29	0.77	0.86	0.88	0.87	0.13	0.92	0.78	0.59	0.89	0.32	0.74	0.76	-0.28	0.33	0.74	0.68	-0.84	0.75	0.78	0.68	0.91	0.52	0.34

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Steel Dynamics Account Relationship Matchups

Steel Dynamics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	9.3B	12.5B	14.2B	14.9B	15.7B
Short Long Term Debt Total	2.7B	3.1B	3.1B	3.1B	3.2B	1.9B
Other Current Liab	404.0M	400.1M	835.9M	951.2M	757.5M	795.3M
Total Current Liabilities	1.0B	1.3B	2.2B	2.0B	2.3B	2.4B
Total Stockholder Equity	4.1B	4.3B	6.3B	8.1B	8.9B	9.3B
Property Plant And Equipment Net	3.1B	4.1B	4.8B	5.4B	6.9B	7.2B
Net Debt	1.4B	1.7B	1.9B	1.4B	1.8B	1.4B
Retained Earnings	4.4B	4.8B	7.8B	11.4B	13.5B	14.2B
Accounts Payable	513.3M	769.5M	1.3B	1.0B	1.1B	1.1B
Cash	1.4B	1.4B	1.2B	1.6B	1.4B	1.5B
Non Current Assets Total	4.0B	5.0B	5.6B	6.5B	8.1B	8.5B
Non Currrent Assets Other	106.0M	119.7M	129.6M	(515.9M)	523.6M	549.8M
Cash And Short Term Investments	1.6B	1.4B	1.2B	2.3B	2.1B	2.2B
Net Receivables	844.3M	971.9M	1.9B	2.1B	1.6B	1.7B
Common Stock Shares Outstanding	220.7M	212.3M	206.6M	184.6M	167.4M	228.0M
Liabilities And Stockholders Equity	8.3B	9.3B	12.5B	14.2B	14.9B	15.7B
Non Current Liabilities Total	3.2B	3.7B	4.0B	4.0B	3.7B	2.2B
Inventory	1.7B	1.8B	3.5B	3.1B	2.9B	3.0B
Other Current Assets	76.0M	74.4M	209.6M	195.4M	162.8M	170.9M
Other Stockholder Equity	(344.1M)	(416.4M)	(1.5B)	(3.2B)	(4.7B)	(4.4B)
Total Liab	4.2B	4.9B	6.2B	6.1B	6.1B	6.4B
Total Current Assets	4.3B	4.3B	6.9B	7.6B	6.8B	7.1B
Short Term Debt	89.4M	86.9M	97.2M	57.3M	481.0M	505.0M
Property Plant And Equipment Gross	3.1B	4.1B	8.3B	9.2B	10.9B	11.5B
Accumulated Other Comprehensive Income	(7K)	1.9M	(2.1M)	889K	421K	442.1K
Common Stock	646K	648K	649K	650K	651K	651.2K
Other Assets	30.9M	119.7M	129.6M	268.1M	308.3M	323.7M
Long Term Debt	2.6B	3.0B	3.0B	3.0B	2.6B	2.0B
Treasury Stock	(1.2B)	(1.5B)	(1.6B)	(2.7B)	(2.4B)	(2.3B)
Property Plant Equipment	3.1B	4.1B	4.8B	5.5B	6.3B	6.6B
Other Liab	501.3M	642.8M	975.0M	926.8M	1.1B	1.1B
Good Will	452.9M	457.2M	453.8M	502.1M	477.5M	432.6M
Intangible Assets	327.9M	324.6M	295.3M	267.5M	257.8M	282.4M
Net Tangible Assets	3.4B	3.7B	5.6B	7.4B	8.5B	8.9B
Noncontrolling Interest In Consolidated Entity	(159.1M)	(154.6M)	(155.6M)	(195.9M)	(176.3M)	(167.5M)
Retained Earnings Total Equity	4.0B	4.4B	4.8B	7.8B	8.9B	9.4B
Long Term Debt Total	2.4B	2.6B	3.0B	3.0B	3.5B	2.7B

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When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:

How To Invest In Steel

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Is Steel Stock a good investment?

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What is Steel Dynamics' Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. 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.

For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.41)

Dividend Share

1.805

Earnings Share

11.12

Revenue Per Share

113.479

Quarterly Revenue Growth

(0.05)

The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Steel Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

Steel Dynamics fundamental ratios Correlations

Steel Dynamics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steel Dynamics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Other Current Liab
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Stockholder Equity	- 0.91	Retained Earnings
Property Plant And Equipment Gross	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Total Stockholder Equity
Other Assets	- 0.84	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Total Current Liabilities
Other Stockholder Equity	- 0.82	Cash And Short Term Investments