Visa Other Current Assets vs Total Current Liabilities Analysis

VISASTEEL   35.09  0.00  0.00%   
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 Other Current Assets 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.

Other Current Assets vs Total Current Liabilities

Other Current Assets 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 Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Visa Steel's Other Current Assets and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Visa Steel's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 March 2, 2025, Selling General Administrative is expected to decline to about 7.1 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2022 2023 2024 2025 (projected)
Interest Expense253.7M299.1M269.2M255.7M
Depreciation And Amortization726.0M485.9M558.7M902.0M

Visa Steel fundamental ratios Correlations

0.590.030.040.260.980.580.580.120.990.180.01-0.33-0.12-0.760.890.770.840.130.70.74-0.120.36-0.620.470.34
0.590.290.65-0.530.681.0-0.16-0.490.67-0.09-0.55-0.530.28-0.690.40.130.470.30.950.090.62-0.39-0.140.010.81
0.030.290.62-0.520.070.30.05-0.330.070.01-0.38-0.530.47-0.47-0.22-0.11-0.13-0.110.38-0.140.52-0.30.19-0.320.28
0.040.650.62-0.890.160.67-0.3-0.60.13-0.31-0.62-0.510.5-0.45-0.34-0.3-0.180.280.65-0.40.96-0.660.24-0.430.79
0.26-0.53-0.52-0.890.16-0.540.590.630.180.340.610.35-0.440.170.490.540.32-0.11-0.430.58-0.950.76-0.320.47-0.69
0.980.680.070.160.160.670.47-0.031.00.11-0.14-0.430.01-0.810.840.660.770.230.770.620.00.24-0.510.350.43
0.581.00.30.67-0.540.67-0.18-0.520.66-0.11-0.58-0.550.31-0.690.390.110.450.310.950.070.63-0.41-0.12-0.020.82
0.58-0.160.05-0.30.590.47-0.180.580.490.420.47-0.06-0.24-0.270.520.840.47-0.330.10.8-0.530.73-0.540.44-0.35
0.12-0.49-0.33-0.60.63-0.03-0.520.58-0.010.380.990.72-0.790.260.250.50.25-0.44-0.40.6-0.650.79-0.490.66-0.49
0.990.670.070.130.181.00.660.49-0.010.13-0.12-0.430.0-0.810.850.680.780.210.760.63-0.030.26-0.520.360.4
0.18-0.090.01-0.310.340.11-0.110.420.380.130.290.13-0.17-0.090.310.460.26-0.160.010.47-0.390.46-0.090.25-0.43
0.01-0.55-0.38-0.620.61-0.14-0.580.470.99-0.120.290.81-0.840.350.160.40.17-0.44-0.490.52-0.630.74-0.460.65-0.47
-0.33-0.53-0.53-0.510.35-0.43-0.55-0.060.72-0.430.130.81-0.830.59-0.14-0.03-0.14-0.24-0.620.1-0.390.4-0.190.51-0.29
-0.120.280.470.5-0.440.010.31-0.24-0.790.0-0.17-0.84-0.83-0.22-0.26-0.33-0.260.350.31-0.460.46-0.590.68-0.730.12
-0.76-0.69-0.47-0.450.17-0.81-0.69-0.270.26-0.81-0.090.350.59-0.22-0.52-0.37-0.51-0.16-0.77-0.31-0.30.010.27-0.03-0.57
0.890.4-0.22-0.340.490.840.390.520.250.850.310.16-0.14-0.26-0.520.790.9-0.020.450.82-0.450.5-0.630.610.05
0.770.13-0.11-0.30.540.660.110.840.50.680.460.4-0.03-0.33-0.370.790.83-0.140.310.97-0.490.58-0.660.67-0.12
0.840.47-0.13-0.180.320.770.450.470.250.780.260.17-0.14-0.26-0.510.90.830.060.510.86-0.290.32-0.630.650.18
0.130.3-0.110.28-0.110.230.31-0.33-0.440.21-0.16-0.44-0.240.35-0.16-0.02-0.140.060.24-0.210.3-0.430.35-0.130.33
0.70.950.380.65-0.430.770.950.1-0.40.760.01-0.49-0.620.31-0.770.450.310.510.240.240.54-0.26-0.20.040.72
0.740.09-0.14-0.40.580.620.070.80.60.630.470.520.1-0.46-0.310.820.970.86-0.210.24-0.560.66-0.710.78-0.16
-0.120.620.520.96-0.950.00.63-0.53-0.65-0.03-0.39-0.63-0.390.46-0.3-0.45-0.49-0.290.30.54-0.56-0.770.34-0.470.8
0.36-0.39-0.3-0.660.760.24-0.410.730.790.260.460.740.4-0.590.010.50.580.32-0.43-0.260.66-0.77-0.570.52-0.54
-0.62-0.140.190.24-0.32-0.51-0.12-0.54-0.49-0.52-0.09-0.46-0.190.680.27-0.63-0.66-0.630.35-0.2-0.710.34-0.57-0.64-0.11
0.470.01-0.32-0.430.470.35-0.020.440.660.360.250.650.51-0.73-0.030.610.670.65-0.130.040.78-0.470.52-0.64-0.03
0.340.810.280.79-0.690.430.82-0.35-0.490.4-0.43-0.47-0.290.12-0.570.05-0.120.180.330.72-0.160.8-0.54-0.11-0.03
Click cells to compare fundamentals

Visa Steel Account Relationship Matchups

Visa Steel fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets18.5B17.7B10.7B10.3B9.3B8.8B
Short Long Term Debt Total34.9B34.8B13.9B14.1B16.2B25.8B
Other Current Liab6.1B6.1B3.8B4.0B4.6B3.5B
Total Current Liabilities41.8B41.8B17.9B18.3B21.1B21.7B
Total Stockholder Equity(23.5B)(24.3B)(7.7B)(8.4B)(7.6B)(8.0B)
Property Plant And Equipment Net17.4B16.6B10.0B9.6B11.0B10.5B
Net Debt34.8B34.7B13.9B14.1B16.2B25.2B
Accounts Payable886.6M650.0M423.4M493.6M444.2M422.0M
Cash73.5M81.3M105.6M380K342K324.9K
Non Current Assets Total17.5B16.7B10.1B9.8B11.2B10.7B
Non Currrent Assets Other(1.7B)(1.6B)(10.0B)119.3M107.4M112.8M
Cash And Short Term Investments81.3M136.2M214.6M380K342K324.9K
Short Term Investments21.5M30.6M214.2M233.6M210.2M311.9M
Liabilities And Stockholders Equity18.5B17.7B10.7B10.3B9.3B8.8B
Non Current Liabilities Total217.0M181.1M466.2M417.6M375.8M357.0M
Inventory348.2M305.6M77.8M170.1M153.1M145.4M
Other Current Assets298.2M396.9M345.4M167.0M150.3M142.8M
Total Liab42.0B42.0B18.4B18.8B21.6B34.1B
Total Current Assets1.0B975.6M579.4M571.1M514.0M488.3M
Accumulated Other Comprehensive Income(5.6B)(6.9B)4.7B(9.6B)(8.6B)(8.2B)
Short Term Debt34.7B34.7B13.5B13.7B15.7B16.6B
Intangible Assets1.7M1.4M1.2M490K441K419.0K
Net Receivables142.8M133.3M82.4M32.9M29.6M28.1M
Current Deferred Revenue4.8B5.0B2.1B194.9M224.2M213.0M
Retained Earnings(30.9B)(31.8B)(15.2B)(15.9B)(14.3B)(15.0B)
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 Debt7.6B34.7B13.5B13.7B15.7B19.9B
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 Obligations164.3M143.3M471.0M439.3M505.2M293.9M
Net Invested Capital(15.8B)10.3B5.8B5.2B4.7B4.5B
Net Working Capital(40.7B)(40.8B)(17.4B)(17.8B)(20.4B)(21.5B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.