Visa Cash vs Total Current Liabilities Analysis

VISASTEEL   30.19  1.59  5.00%   
Visa Steel financial indicator trend analysis is much more than just breaking down Visa Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa Steel Limited is a good investment. Please check the relationship between Visa Steel Cash and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Visa 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 state.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Visa Steel Limited Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Visa Steel's Cash and Total Current Liabilities is -0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Visa Steel Limited, assuming nothing else is changed. The correlation between historical values of Visa Steel's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Visa Steel Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Visa Steel's Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Visa Steel Limited, which is listed under current asset account on Visa Steel Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Visa Steel customers. The amounts must be unrestricted with restricted cash listed in a different Visa 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.

Total Current Liabilities

Total Current Liabilities is an item on Visa Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Visa Steel Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Visa Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visa 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 Visa 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 state.
As of December 11, 2024, Selling General Administrative is expected to decline to about 7.8 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.5B3.9B1.5B1.5B
Cost Of Revenue8.2B3.3B6.8B7.5B

Visa Steel fundamental ratios Correlations

0.56-0.160.030.280.980.550.550.060.990.25-0.06-0.39-0.08-0.750.880.760.260.510.670.720.31-0.630.270.350.77
0.56-0.290.66-0.550.651.0-0.23-0.560.63-0.06-0.62-0.570.29-0.680.360.070.090.490.950.03-0.46-0.170.8-0.510.33
-0.16-0.290.2-0.15-0.2-0.280.480.1-0.180.160.03-0.310.31-0.06-0.310.080.03-0.55-0.070.010.190.08-0.3-0.11-0.25
0.030.660.2-0.890.150.68-0.31-0.620.13-0.3-0.64-0.520.48-0.45-0.36-0.330.240.20.67-0.43-0.690.20.8-0.88-0.39
0.28-0.55-0.15-0.890.17-0.560.60.640.190.340.620.35-0.450.180.510.560.010.08-0.450.60.78-0.34-0.720.990.44
0.980.65-0.20.150.170.640.43-0.081.00.15-0.19-0.460.01-0.810.820.640.230.60.740.590.19-0.550.390.230.7
0.551.0-0.280.68-0.560.64-0.24-0.590.62-0.08-0.65-0.580.32-0.680.350.050.090.490.950.0-0.48-0.150.81-0.520.31
0.55-0.230.48-0.310.60.43-0.240.560.460.470.45-0.07-0.22-0.240.490.850.34-0.10.050.790.71-0.54-0.430.660.43
0.06-0.560.1-0.620.64-0.08-0.590.56-0.060.410.990.72-0.790.30.210.480.07-0.3-0.480.590.78-0.49-0.560.690.26
0.990.63-0.180.130.191.00.620.46-0.060.17-0.17-0.460.01-0.80.830.650.220.590.730.60.22-0.560.360.250.71
0.25-0.060.16-0.30.340.15-0.080.470.410.170.320.14-0.18-0.120.360.510.04-0.120.040.530.5-0.09-0.410.390.33
-0.06-0.620.03-0.640.62-0.19-0.650.450.99-0.170.320.81-0.840.40.120.370.06-0.35-0.570.50.73-0.46-0.540.650.18
-0.39-0.57-0.31-0.520.35-0.46-0.58-0.070.72-0.460.140.81-0.830.62-0.17-0.050.0-0.29-0.670.090.4-0.19-0.320.36-0.12
-0.080.290.310.48-0.450.010.32-0.22-0.790.01-0.18-0.84-0.83-0.23-0.24-0.32-0.140.220.32-0.46-0.590.680.15-0.5-0.25
-0.75-0.68-0.06-0.450.18-0.81-0.68-0.240.3-0.8-0.120.40.62-0.23-0.49-0.33-0.19-0.44-0.76-0.270.050.29-0.550.14-0.37
0.880.36-0.31-0.360.510.820.350.490.210.830.360.12-0.17-0.24-0.490.770.030.320.410.80.47-0.65-0.020.580.96
0.760.070.08-0.330.560.640.050.850.480.650.510.37-0.05-0.32-0.330.770.430.040.260.970.56-0.67-0.20.650.7
0.260.090.030.240.010.230.090.340.070.220.040.060.0-0.14-0.190.030.430.120.210.36-0.02-0.250.260.03-0.1
0.510.49-0.550.20.080.60.49-0.1-0.30.59-0.12-0.35-0.290.22-0.440.320.040.120.47-0.02-0.20.090.380.030.16
0.670.95-0.070.67-0.450.740.950.05-0.480.730.04-0.57-0.670.32-0.760.410.260.210.470.18-0.33-0.250.7-0.40.35
0.720.030.01-0.430.60.590.00.790.590.60.530.50.09-0.46-0.270.80.970.36-0.020.180.64-0.72-0.250.70.78
0.31-0.460.19-0.690.780.19-0.480.710.780.220.50.730.4-0.590.050.470.56-0.02-0.2-0.330.64-0.58-0.620.820.46
-0.63-0.170.080.2-0.34-0.55-0.15-0.54-0.49-0.56-0.09-0.46-0.190.680.29-0.65-0.67-0.250.09-0.25-0.72-0.58-0.1-0.44-0.63
0.270.8-0.30.8-0.720.390.81-0.43-0.560.36-0.41-0.54-0.320.15-0.55-0.02-0.20.260.380.7-0.25-0.62-0.1-0.69-0.08
0.35-0.51-0.11-0.880.990.23-0.520.660.690.250.390.650.36-0.50.140.580.650.030.03-0.40.70.82-0.44-0.690.53
0.770.33-0.25-0.390.440.70.310.430.260.710.330.18-0.12-0.25-0.370.960.7-0.10.160.350.780.46-0.63-0.080.53
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Visa Steel Account Relationship Matchups

Visa Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.7B18.5B17.7B10.7B10.3B9.8B
Short Long Term Debt Total35.0B34.9B34.8B13.9B14.1B25.8B
Other Current Liab1.0B6.1B6.1B3.8B4.0B2.7B
Total Current Liabilities35.9B41.8B41.8B17.9B18.3B21.7B
Total Stockholder Equity(11.5B)(23.5B)(24.3B)(7.7B)(8.4B)(8.0B)
Property Plant And Equipment Net29.7B17.4B16.6B10.0B9.6B9.1B
Net Debt34.9B34.8B34.7B13.9B14.1B25.2B
Accounts Payable1.2B886.6M650.0M423.4M493.6M468.9M
Cash73.5M81.3M105.6M380K342K324.9K
Non Current Assets Total29.8B17.5B16.7B10.1B9.8B9.3B
Non Currrent Assets Other(5.7B)(1.7B)(1.6B)(10.0B)119.3M125.3M
Cash And Short Term Investments94.1M81.3M136.2M214.6M380K361K
Short Term Investments20.5M21.5M30.6M214.2M233.6M311.9M
Liabilities And Stockholders Equity30.7B18.5B17.7B10.7B10.3B9.8B
Non Current Liabilities Total6.3B217.0M181.1M466.2M417.6M396.7M
Inventory328.0M348.2M305.6M77.8M170.1M161.6M
Other Current Assets431.9M298.2M396.9M345.4M167.0M158.7M
Other Stockholder Equity11.9B13.3B1.7B1.7B6.3B5.9B
Total Liab42.1B42.0B42.0B18.4B18.8B34.1B
Total Current Assets853.9M1.0B975.6M579.4M571.1M542.6M
Accumulated Other Comprehensive Income(4.3B)(5.6B)(6.9B)4.7B(9.6B)(9.1B)
Intangible Assets1.7M1.4M1.2M490K441K419.0K
Current Deferred Revenue4.9B4.8B5.0B2.1B194.9M185.2M
Retained Earnings(19.0B)(30.9B)(31.8B)(15.2B)(15.9B)(16.7B)
Net Receivables261.2M142.8M133.3M82.4M32.9M31.2M
Short Term Debt28.8B34.7B34.7B13.5B13.7B18.8B
Other Liab59.2M73.7M61.1M26.9M30.9M45.4M
Net Tangible Assets(11.5B)(23.5B)(24.3B)(7.7B)(6.9B)(7.3B)
Other Assets63.8M16.1M15M10K9K8.6K
Short Long Term Debt28.7B7.6B34.7B13.5B13.7B19.9B
Property Plant Equipment29.7B17.4B16.6B10.0B9.0B8.5B
Long Term Debt Total6.0B0.0120.0M439.3M395.4M375.6M
Cash And Equivalents94.1M102.0M136.2M208.7M187.9M137.5M
Capital Lease Obligations236.2M164.3M143.3M471.0M439.3M293.9M
Net Invested Capital23.3B(15.8B)10.3B5.8B5.2B9.4B
Net Working Capital(35.0B)(40.7B)(40.8B)(17.4B)(17.8B)(18.7B)

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Other Information on Investing in Visa Stock

Balance Sheet is a snapshot of the financial position of Visa Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. Visa Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Visa 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 Visa currently owns. An asset can also be divided into two categories, current and non-current.