Bisalloy Net Debt vs Total Revenue Analysis

BIS Stock

4.40 0.26 6.28%

Bisalloy Steel financial indicator trend analysis is way more than just evaluating Bisalloy Steel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bisalloy Steel Group is a good investment. Please check the relationship between Bisalloy Steel Net Debt and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bisalloy Steel Group. 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 Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bisalloy Steel Group Net Debt account and Total Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Bisalloy Steel's Net Debt and Total Revenue is 0.09. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Bisalloy Steel Group, assuming nothing else is changed. The correlation between historical values of Bisalloy Steel's Net Debt and Total Revenue 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 Debt of Bisalloy Steel Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Debt i.e., Bisalloy Steel's Net Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Revenue

Total revenue comprises all receipts Bisalloy Steel Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Bisalloy Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bisalloy Steel Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bisalloy Steel Group. 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.

Tax Provision is likely to gain to about 7.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.6 M in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	19.4M	17.5M	19.1M	20.1M
Total Revenue	117.8M	153.1M	152.9M	125.3M

Operating Income Total Revenue

Bisalloy Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.43	0.36	0.87	0.79	0.64	0.47	0.36	0.71	0.81	0.31	0.67	0.53	0.44	0.31	0.86	0.5	-0.37	0.53	0.98	0.39	-0.59	0.8	0.54	0.97	0.76
Short Long Term Debt Total	0.43		-0.4	0.48	-0.13	-0.34	-0.52	0.99	-0.27	0.76	-0.29	-0.3	0.81	0.93	-0.29	0.73	0.38	-0.84	0.93	0.53	-0.59	0.37	0.74	-0.39	0.58	0.35
Other Current Liab	0.36	-0.4		0.38	0.46	0.66	0.63	-0.44	0.71	0.07	0.43	0.58	-0.24	-0.31	0.43	0.16	0.34	0.19	-0.22	0.29	0.67	-0.69	0.2	0.52	0.29	0.42
Total Current Liabilities	0.87	0.48	0.38		0.54	0.49	0.3	0.41	0.53	0.86	0.27	0.49	0.67	0.4	0.27	0.84	0.57	-0.39	0.46	0.87	0.2	-0.4	0.85	0.31	0.89	0.69
Total Stockholder Equity	0.79	-0.13	0.46	0.54		0.83	0.86	-0.18	0.87	0.32	0.34	0.95	-0.01	-0.12	0.34	0.4	0.1	0.22	-0.01	0.7	0.78	-0.87	0.28	0.91	0.63	0.46
Other Liab	0.64	-0.34	0.66	0.49	0.83		0.81	-0.42	0.96	0.18	0.65	0.85	-0.14	-0.26	0.65	0.32	0.4	0.19	-0.17	0.54	0.84	-0.89	0.28	0.76	0.52	0.63
Property Plant And Equipment Net	0.47	-0.52	0.63	0.3	0.86	0.81		-0.55	0.82	-0.05	0.34	0.96	-0.38	-0.53	0.34	0.01	-0.1	0.58	-0.42	0.35	0.85	-0.9	-0.06	0.92	0.27	0.19
Net Debt	0.36	0.99	-0.44	0.41	-0.18	-0.42	-0.55		-0.34	0.69	-0.43	-0.34	0.77	0.89	-0.43	0.66	0.3	-0.78	0.89	0.46	-0.62	0.4	0.67	-0.41	0.5	0.26
Retained Earnings	0.71	-0.27	0.71	0.53	0.87	0.96	0.82	-0.34		0.24	0.57	0.87	-0.1	-0.18	0.57	0.39	0.44	0.12	-0.08	0.62	0.87	-0.94	0.34	0.81	0.6	0.68
Accounts Payable	0.81	0.76	0.07	0.86	0.32	0.18	-0.05	0.69	0.24		0.16	0.16	0.89	0.76	0.16	0.93	0.55	-0.7	0.79	0.85	-0.13	-0.04	0.93	0.01	0.9	0.65
Cash	0.31	-0.29	0.43	0.27	0.34	0.65	0.34	-0.43	0.57	0.16		0.32	-0.04	-0.07	1.0	0.22	0.45	-0.07	-0.07	0.23	0.41	-0.36	0.24	0.28	0.31	0.49
Non Current Assets Total	0.67	-0.3	0.58	0.49	0.95	0.85	0.96	-0.34	0.87	0.16	0.32		-0.17	-0.33	0.32	0.25	0.03	0.4	-0.22	0.56	0.83	-0.93	0.15	0.94	0.48	0.35
Other Assets	0.53	0.81	-0.24	0.67	-0.01	-0.14	-0.38	0.77	-0.1	0.89	-0.04	-0.17		0.78	-0.04	0.79	0.45	-0.74	0.75	0.59	-0.42	0.29	0.79	-0.26	0.66	0.44
Long Term Debt	0.44	0.93	-0.31	0.4	-0.12	-0.26	-0.53	0.89	-0.18	0.76	-0.07	-0.33	0.78		-0.07	0.75	0.49	-0.94	0.99	0.55	-0.54	0.36	0.77	-0.4	0.61	0.47
Cash And Short Term Investments	0.31	-0.29	0.43	0.27	0.34	0.65	0.34	-0.43	0.57	0.16	1.0	0.32	-0.04	-0.07		0.22	0.45	-0.07	-0.07	0.23	0.41	-0.36	0.24	0.28	0.31	0.49
Net Receivables	0.86	0.73	0.16	0.84	0.4	0.32	0.01	0.66	0.39	0.93	0.22	0.25	0.79	0.75	0.22		0.69	-0.73	0.8	0.87	-0.03	-0.22	0.95	0.16	0.94	0.81
Common Stock Total Equity	0.5	0.38	0.34	0.57	0.1	0.4	-0.1	0.3	0.44	0.55	0.45	0.03	0.45	0.49	0.45	0.69		-0.71	0.51	0.54	0.1	-0.22	0.78	-0.09	0.64	0.92
Common Stock Shares Outstanding	-0.37	-0.84	0.19	-0.39	0.22	0.19	0.58	-0.78	0.12	-0.7	-0.07	0.4	-0.74	-0.94	-0.07	-0.73	-0.71		-0.92	-0.48	0.48	-0.34	-0.8	0.48	-0.57	-0.6
Non Current Liabilities Total	0.53	0.93	-0.22	0.46	-0.01	-0.17	-0.42	0.89	-0.08	0.79	-0.07	-0.22	0.75	0.99	-0.07	0.8	0.51	-0.92		0.63	-0.44	0.24	0.81	-0.3	0.69	0.53
Inventory	0.98	0.53	0.29	0.87	0.7	0.54	0.35	0.46	0.62	0.85	0.23	0.56	0.59	0.55	0.23	0.87	0.54	-0.48	0.63		0.3	-0.49	0.85	0.4	0.98	0.76
Other Current Assets	0.39	-0.59	0.67	0.2	0.78	0.84	0.85	-0.62	0.87	-0.13	0.41	0.83	-0.42	-0.54	0.41	-0.03	0.1	0.48	-0.44	0.3		-0.89	-0.08	0.81	0.23	0.34
Other Stockholder Equity	-0.59	0.37	-0.69	-0.4	-0.87	-0.89	-0.9	0.4	-0.94	-0.04	-0.36	-0.93	0.29	0.36	-0.36	-0.22	-0.22	-0.34	0.24	-0.49	-0.89		-0.14	-0.9	-0.43	-0.48
Total Liab	0.8	0.74	0.2	0.85	0.28	0.28	-0.06	0.67	0.34	0.93	0.24	0.15	0.79	0.77	0.24	0.95	0.78	-0.8	0.81	0.85	-0.08	-0.14		-0.01	0.92	0.82
Property Plant And Equipment Gross	0.54	-0.39	0.52	0.31	0.91	0.76	0.92	-0.41	0.81	0.01	0.28	0.94	-0.26	-0.4	0.28	0.16	-0.09	0.48	-0.3	0.4	0.81	-0.9	-0.01		0.34	0.24
Total Current Assets	0.97	0.58	0.29	0.89	0.63	0.52	0.27	0.5	0.6	0.9	0.31	0.48	0.66	0.61	0.31	0.94	0.64	-0.57	0.69	0.98	0.23	-0.43	0.92	0.34		0.83
Common Stock	0.76	0.35	0.42	0.69	0.46	0.63	0.19	0.26	0.68	0.65	0.49	0.35	0.44	0.47	0.49	0.81	0.92	-0.6	0.53	0.76	0.34	-0.48	0.82	0.24	0.83

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Bisalloy Steel Account Relationship Matchups

Bisalloy Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	86.6M	84.3M	106.6M	112.3M	118.6M	89.6M
Short Long Term Debt Total	16.8M	10.4M	11.2M	5.0M	1.1M	1.0M
Other Current Liab	5.0M	5.7M	4.9M	7.1M	6.6M	9.2M
Total Current Liabilities	34.6M	32.1M	33.7M	30.2M	34.3M	35.8M
Total Stockholder Equity	38.7M	45.0M	60.4M	68.0M	72.8M	37.3M
Other Liab	3.4M	3.4M	5.3M	5.8M	6.7M	7.0M
Property Plant And Equipment Net	22.0M	21.2M	26.7M	26.1M	29.6M	22.0M
Net Debt	16.1M	8.0M	9.3M	3.0M	(5.2M)	(5.0M)
Retained Earnings	18.5M	25.1M	33.9M	40.7M	43.2M	45.4M
Accounts Payable	16.8M	15.2M	17.9M	21.0M	20.6M	17.3M
Cash	672K	2.3M	1.8M	2.1M	6.3M	6.6M
Non Current Assets Total	28.8M	28.8M	37.0M	36.5M	40.1M	27.2M
Other Assets	62K	470K	351K	182K	163.8K	155.6K
Cash And Short Term Investments	672K	2.3M	1.8M	2.1M	6.3M	6.6M
Net Receivables	17.0M	23.7M	26.2M	23.4M	21.2M	25.5M
Common Stock Shares Outstanding	47.0M	47.6M	47.5M	48.0M	48.4M	40.4M
Liabilities And Stockholders Equity	86.6M	84.3M	106.6M	112.3M	118.6M	89.6M
Non Current Liabilities Total	9.4M	3.8M	8.6M	9.5M	7.0M	6.7M
Inventory	38.2M	27.9M	39.8M	47.1M	48.8M	35.8M
Other Current Assets	1.2M	1.5M	1.6M	2.5M	2.2M	2.1M
Other Stockholder Equity	(30.8M)	(38.0M)	(48.4M)	(55.9M)	(50.3M)	(47.8M)
Total Liab	44.0M	35.9M	42.3M	39.7M	41.3M	60.1M
Property Plant And Equipment Gross	22.0M	41.2M	47.5M	44.1M	49.0M	25.7M
Total Current Assets	57.8M	55.5M	69.6M	75.8M	78.5M	69.8M
Accumulated Other Comprehensive Income	7.9M	7.0M	12.0M	12.1M	14.4M	15.1M
Common Stock	12.3M	12.9M	14.5M	15.2M	13.7M	19.6M
Property Plant Equipment	22.0M	21.2M	26.7M	26.1M	30.0M	21.5M
Current Deferred Revenue	283K	395K	386K	376K	4.5M	4.7M
Short Term Debt	11.5M	10.8M	9.6M	7.8M	972K	923.4K
Net Tangible Assets	38.5M	44.4M	59.7M	67.4M	77.5M	39.2M
Long Term Investments	6.6M	6.6M	9.3M	9.6M	9.8M	5.5M
Short Long Term Debt	10.6M	9.3M	7.5M	1.0M	736K	699.2K
Long Term Debt Total	6.0M	386K	3.3M	3.6M	3.3M	3.7M
Net Invested Capital	55.0M	54.3M	70.8M	72.3M	73.6M	60.1M

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