Tata Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Steel Limited Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tata Steel's Total Assets and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings 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 Tata Steel Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Tata Steel's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Tata Steel 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 Tata Steel Limited 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Profit1.6T1.3T898.0B1.1T
Total Revenue2.4T2.4T2.3T2.0T

Tata Steel fundamental ratios Correlations

0.150.950.960.850.93-0.590.910.920.510.960.65-0.22-0.69-0.780.760.57-0.79-0.470.860.940.14-0.180.95-0.950.93
0.150.080.210.010.06-0.10.370.040.260.120.60.320.010.15-0.14-0.670.110.280.390.130.70.510.03-0.220.03
0.950.080.940.960.94-0.680.861.00.520.880.66-0.45-0.82-0.750.880.63-0.68-0.610.730.99-0.03-0.410.87-0.860.79
0.960.210.940.850.97-0.720.970.930.690.860.79-0.17-0.8-0.60.690.45-0.62-0.580.770.950.16-0.150.82-0.860.86
0.850.010.960.850.9-0.670.730.980.390.80.53-0.56-0.84-0.720.890.66-0.63-0.630.640.92-0.17-0.480.78-0.790.64
0.930.060.940.970.9-0.670.890.950.60.850.67-0.19-0.79-0.630.70.54-0.64-0.580.720.930.04-0.180.8-0.840.82
-0.59-0.1-0.68-0.72-0.67-0.67-0.72-0.69-0.75-0.39-0.650.330.950.17-0.52-0.380.070.91-0.37-0.70.310.35-0.380.41-0.37
0.910.370.860.970.730.89-0.720.840.770.780.9-0.06-0.75-0.460.580.27-0.5-0.530.730.910.3-0.040.73-0.780.82
0.920.041.00.930.980.95-0.690.840.530.850.64-0.47-0.84-0.740.890.64-0.65-0.630.70.98-0.07-0.430.84-0.830.76
0.510.260.520.690.390.6-0.750.770.530.280.830.06-0.67-0.060.30.040.08-0.60.330.60.05-0.080.26-0.280.45
0.960.120.880.860.80.85-0.390.780.850.280.48-0.18-0.52-0.860.710.58-0.91-0.270.90.840.18-0.110.98-0.990.92
0.650.60.660.790.530.67-0.650.90.640.830.48-0.01-0.63-0.150.4-0.1-0.16-0.420.490.750.450.020.42-0.490.55
-0.220.32-0.45-0.17-0.56-0.190.33-0.06-0.470.06-0.18-0.010.510.43-0.78-0.610.210.520.03-0.430.530.95-0.290.11-0.02
-0.690.01-0.82-0.8-0.84-0.790.95-0.75-0.84-0.67-0.52-0.630.510.35-0.71-0.550.250.93-0.41-0.830.320.51-0.520.51-0.47
-0.780.15-0.75-0.6-0.72-0.630.17-0.46-0.74-0.06-0.86-0.150.430.35-0.81-0.730.850.17-0.75-0.690.120.41-0.910.82-0.74
0.76-0.140.880.690.890.7-0.520.580.890.30.710.4-0.78-0.71-0.810.75-0.62-0.570.520.86-0.26-0.750.78-0.650.6
0.57-0.670.630.450.660.54-0.380.270.640.040.58-0.1-0.61-0.55-0.730.75-0.64-0.590.330.56-0.6-0.680.66-0.510.53
-0.790.11-0.68-0.62-0.63-0.640.07-0.5-0.650.08-0.91-0.160.210.250.85-0.62-0.640.08-0.72-0.64-0.180.12-0.910.86-0.83
-0.470.28-0.61-0.58-0.63-0.580.91-0.53-0.63-0.6-0.27-0.420.520.930.17-0.57-0.590.08-0.13-0.620.530.6-0.310.25-0.3
0.860.390.730.770.640.72-0.370.730.70.330.90.490.03-0.41-0.750.520.33-0.72-0.130.690.230.110.87-0.950.79
0.940.130.990.950.920.93-0.70.910.980.60.840.75-0.43-0.83-0.690.860.56-0.64-0.620.690.05-0.40.84-0.810.8
0.140.7-0.030.16-0.170.040.310.3-0.070.050.180.450.530.320.12-0.26-0.6-0.180.530.230.050.660.09-0.20.26
-0.180.51-0.41-0.15-0.48-0.180.35-0.04-0.43-0.08-0.110.020.950.510.41-0.75-0.680.120.60.11-0.40.66-0.240.02-0.04
0.950.030.870.820.780.8-0.380.730.840.260.980.42-0.29-0.52-0.910.780.66-0.91-0.310.870.840.09-0.24-0.950.92
-0.95-0.22-0.86-0.86-0.79-0.840.41-0.78-0.83-0.28-0.99-0.490.110.510.82-0.65-0.510.860.25-0.95-0.81-0.20.02-0.95-0.88
0.930.030.790.860.640.82-0.370.820.760.450.920.55-0.02-0.47-0.740.60.53-0.83-0.30.790.80.26-0.040.92-0.88
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Tata Steel Account Relationship Matchups

Tata Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5T2.5T2.9T2.9T2.7T2.8T
Other Current Liab104.8B185.7B149.7B189.9B18M17.1M
Total Current Liabilities616.6B708.7B905.9B973.0B984.0B841.5B
Total Stockholder Equity735.8B742.4B1.1T1.0T920.4B922.7B
Other Liab184.9B247.0B273.0B282.9B325.4B255.2B
Net Tangible Assets664.5B660.4B1.0T834.7B960.0B802.6B
Net Debt1.0T751.3B532.2B658.9B744.9B623.7B
Retained Earnings303.2B286.7B678.4B603.6B348.2B421.5B
Accounts Payable178.2B218.2B310.7B324.5B354.3B270.1B
Cash75.4B55.3B156.0B121.3B70.8B92.2B
Non Current Assets Total1.9T1.9T1.9T2.0T2.0T2.0T
Non Currrent Assets Other2.8B2.8B36.9B37.8B2.4B2.2B
Other Assets347.9B269.9B332.4B187.9B169.1B224.5B
Long Term Debt882.1B657.0B447.6B514.5B515.8B512.6B
Net Receivables82.8B97.3B123.4B84.1B62.6B80.0B
Good Will40.5B43.4B43.1B56.0B57.5B50.5B
Common Stock Shares Outstanding1.2B1.2B1.2B2.4B12.5B13.1B
Short Term Investments37.9B86.1B108.3B62.9B17.7B16.9B
Non Current Liabilities Total1.1T971.1B777.6B855.5B825.9B741.9B
Capital Lease Obligations70.2B78.3B67.3B68.8B55.1B64.3B
Inventory310.7B332.8B488.2B544.2B491.6B434.9B
Other Current Assets84.1B44.5B69.6B80.2B8.9B8.5B
Other Stockholder Equity143.3B134.1B141.0B102.1B91.9B103.7B
Total Liab1.7T1.7T1.7T1.8T1.8T1.9T
Deferred Long Term Liab241M79.5M1.1M400K360K342K
Net Invested Capital1.8T1.5T1.8T1.8T1.7T1.9T
Short Long Term Debt211.0B149.7B240.6B265.7B300.0B245.0B
Total Current Assets587.3B602.1B922.6B866.1B705.5B778.0B
Net Working Capital(29.3B)(106.6B)19.7B(106.3B)(278.6B)(264.6B)
Intangible Assets16.1B20.6B52.9B140.1B14.4B13.7B
Property Plant Equipment1.5T1.5T1.5T1.6T1.8T1.5T
Capital Stock11.4B12.0B12.2B12.2B12.5B13.2B

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Other Information on Investing in Tata Stock

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.