Tata Net Receivables vs Cash Analysis
TTST Stock | USD 17.45 0.05 0.29% |
Tata Steel financial indicator trend analysis is much more than just breaking down Tata Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Steel Limited is a good investment. Please check the relationship between Tata Steel Net Receivables and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Steel 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.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Steel Limited Net Receivables account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tata Steel's Net Receivables and Cash is -0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Tata Steel Limited, assuming nothing else is changed. The correlation between historical values of Tata Steel's Net Receivables and Cash 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 Receivables of Tata Steel Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Tata Steel's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Cash
Cash refers to the most liquid asset of Tata Steel Limited, which is listed under current asset account on Tata Steel Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tata Steel customers. The amounts must be unrestricted with restricted cash listed in a different Tata Steel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Tata Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Steel Limited 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 Tata Steel 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. At this time, Tata Steel's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.05 this year, although the value of Selling General Administrative will most likely fall to about 118.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6T | 1.3T | 898.0B | 1.1T | Total Revenue | 2.4T | 2.4T | 2.3T | 2.0T |
Tata Steel fundamental ratios Correlations
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Tata Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tata Steel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5T | 2.5T | 2.9T | 2.9T | 2.7T | 2.8T | |
Other Current Liab | 104.8B | 185.7B | 149.7B | 189.9B | 18M | 17.1M | |
Total Current Liabilities | 616.6B | 708.7B | 905.9B | 973.0B | 984.0B | 841.5B | |
Total Stockholder Equity | 735.8B | 742.4B | 1.1T | 1.0T | 920.4B | 922.7B | |
Other Liab | 184.9B | 247.0B | 273.0B | 282.9B | 325.4B | 255.2B | |
Net Tangible Assets | 664.5B | 660.4B | 1.0T | 834.7B | 960.0B | 802.6B | |
Net Debt | 1.0T | 751.3B | 532.2B | 658.9B | 744.9B | 623.7B | |
Retained Earnings | 303.2B | 286.7B | 678.4B | 603.6B | 348.2B | 421.5B | |
Accounts Payable | 178.2B | 218.2B | 310.7B | 324.5B | 354.3B | 270.1B | |
Cash | 75.4B | 55.3B | 156.0B | 121.3B | 70.8B | 92.2B | |
Non Current Assets Total | 1.9T | 1.9T | 1.9T | 2.0T | 2.0T | 2.0T | |
Non Currrent Assets Other | 2.8B | 2.8B | 36.9B | 37.8B | 2.4B | 2.2B | |
Other Assets | 347.9B | 269.9B | 332.4B | 187.9B | 169.1B | 224.5B | |
Long Term Debt | 882.1B | 657.0B | 447.6B | 514.5B | 515.8B | 512.6B | |
Net Receivables | 82.8B | 97.3B | 123.4B | 84.1B | 62.6B | 80.0B | |
Good Will | 40.5B | 43.4B | 43.1B | 56.0B | 57.5B | 50.5B | |
Common Stock Shares Outstanding | 1.2B | 1.2B | 1.2B | 2.4B | 12.5B | 13.1B | |
Short Term Investments | 37.9B | 86.1B | 108.3B | 62.9B | 17.7B | 16.9B | |
Non Current Liabilities Total | 1.1T | 971.1B | 777.6B | 855.5B | 825.9B | 741.9B | |
Capital Lease Obligations | 70.2B | 78.3B | 67.3B | 68.8B | 55.1B | 64.3B | |
Inventory | 310.7B | 332.8B | 488.2B | 544.2B | 491.6B | 434.9B | |
Other Current Assets | 84.1B | 44.5B | 69.6B | 80.2B | 8.9B | 8.5B | |
Other Stockholder Equity | 143.3B | 134.1B | 141.0B | 102.1B | 91.9B | 103.7B | |
Total Liab | 1.7T | 1.7T | 1.7T | 1.8T | 1.8T | 1.9T | |
Deferred Long Term Liab | 241M | 79.5M | 1.1M | 400K | 360K | 342K | |
Net Invested Capital | 1.8T | 1.5T | 1.8T | 1.8T | 1.7T | 1.9T | |
Short Long Term Debt | 211.0B | 149.7B | 240.6B | 265.7B | 300.0B | 245.0B | |
Total Current Assets | 587.3B | 602.1B | 922.6B | 866.1B | 705.5B | 778.0B | |
Net Working Capital | (29.3B) | (106.6B) | 19.7B | (106.3B) | (278.6B) | (264.6B) | |
Intangible Assets | 16.1B | 20.6B | 52.9B | 140.1B | 14.4B | 13.7B | |
Property Plant Equipment | 1.5T | 1.5T | 1.5T | 1.6T | 1.8T | 1.5T | |
Capital Stock | 11.4B | 12.0B | 12.2B | 12.2B | 12.5B | 13.2B |
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Balance Sheet is a snapshot of the financial position of Tata Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. Tata Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tata Steel 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 Tata currently owns. An asset can also be divided into two categories, current and non-current.