Bisalloy Non Current Liabilities Total vs Cash Analysis

BIS Stock

4.38 0.02 0.45%

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 Non Current Liabilities Total and its Cash 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.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bisalloy Steel Group Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Bisalloy Steel's Non Current Liabilities Total and Cash is -0.07. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Bisalloy Steel Group 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 Non Current Liabilities Total i.e., Bisalloy Steel's Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

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Non Current Liabilities Total

Cash

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