Jindal Historical Balance Sheet
JSL Stock | 733.85 3.85 0.53% |
Trend analysis of Jindal Stainless Limited balance sheet accounts such as Other Current Liabilities of 10 B or Total Current Liabilities of 59.6 B provides information on Jindal Stainless' total assets, liabilities, and equity, which is the actual value of Jindal Stainless to its prevalent stockholders. By breaking down trends over time using Jindal Stainless balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Jindal Stainless latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Jindal Stainless is a good buy for the upcoming year.
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About Jindal Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Jindal Stainless at a specified time, usually calculated after every quarter, six months, or one year. Jindal Stainless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jindal Stainless 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 Jindal currently owns. An asset can also be divided into two categories, current and non-current.
Jindal Stainless Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Jindal Stainless balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jindal Stainless 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.Cash
Cash refers to the most liquid asset of Jindal Stainless, which is listed under current asset account on Jindal Stainless Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jindal Stainless customers. The amounts must be unrestricted with restricted cash listed in a different Jindal Stainless 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 accounts from Jindal Stainless' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Jindal Stainless current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Stainless 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 present, Jindal Stainless' Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 12.9 B, whereas Short and Long Term Debt Total is forecasted to decline to about 52.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 32.0B | 39.6B | 60.5B | 52.8B | Total Assets | 148.6B | 271.4B | 308.2B | 158.5B |
Jindal Stainless balance sheet Correlations
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Jindal Stainless Account Relationship Matchups
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Jindal Stainless balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 106.8B | 107.3B | 148.6B | 271.4B | 308.2B | 158.5B | |
Short Long Term Debt Total | 39.8B | 32.3B | 32.0B | 39.6B | 60.5B | 52.8B | |
Other Current Liab | 5.9B | 7.6B | 14.9B | 18.6B | 15.9B | 10.0B | |
Total Current Liabilities | 46.0B | 40.6B | 72.1B | 109.5B | 100.4B | 59.6B | |
Total Stockholder Equity | 27.2B | 32.1B | 51.9B | 119.3B | 143.6B | 150.8B | |
Property Plant And Equipment Net | 61.6B | 58.8B | 59.3B | 97.8B | 131.3B | 83.7B | |
Net Debt | 39.4B | 31.6B | 29.8B | 34.9B | 48.2B | 50.5B | |
Cash | 394.1M | 689.2M | 2.1B | 4.7B | 12.3B | 12.9B | |
Non Current Assets Total | 68.5B | 66.2B | 73.3B | 120.3B | 160.3B | 91.4B | |
Non Currrent Assets Other | 488.6M | 1.3B | 6.1B | 2.7B | 7.7B | 8.1B | |
Cash And Short Term Investments | 419.4M | 695M | 2.8B | 17.2B | 18.7B | 19.6B | |
Net Receivables | 7.1B | 9.3B | 38.6B | 36.6B | 28.4B | 18.9B | |
Liabilities And Stockholders Equity | 106.8B | 107.3B | 148.6B | 271.4B | 308.2B | 158.5B | |
Non Current Liabilities Total | 33.5B | 34.6B | 24.3B | 42.2B | 64.0B | 46.8B | |
Inventory | 27.4B | 27.9B | 41.8B | 83.9B | 79.3B | 83.3B | |
Other Current Assets | 3.4B | 3.1B | 10.3B | 21.1B | 21.4B | 11.4B | |
Total Liab | 79.5B | 75.2B | 96.4B | 151.7B | 164.4B | 123.8B | |
Total Current Assets | 38.3B | 41.2B | 75.3B | 151.1B | 147.8B | 155.2B | |
Accumulated Other Comprehensive Income | (19.1B) | 697.8M | 29.3B | 42.6M | 170.4M | 178.9M | |
Accounts Payable | 26.6B | 26.3B | 57.4B | 78.2B | 69.3B | 35.7B | |
Short Term Debt | 11.9B | 5.7B | 13.0B | 11.0B | 14.0B | 16.0B | |
Short Term Investments | 25.3M | 5.8M | 706.6M | 12.5B | 6.4B | 6.7B | |
Intangible Assets | 344.9M | 327.2M | 394.8M | 7.9B | 8.9B | 9.4B | |
Current Deferred Revenue | 6.5B | 7.6B | 12.2B | 17.8B | 1.2B | 1.2B | |
Retained Earnings | 14.3B | 19.6B | 38.4B | 76.6B | 100.7B | 105.8B | |
Other Liab | 5.1B | 5.6B | 8.0B | 13.2B | 15.2B | 16.0B | |
Net Tangible Assets | 26.8B | 31.7B | 88.8B | 109.7B | 126.2B | 132.5B | |
Other Assets | (500K) | 2.5B | 100K | 60.3M | 54.3M | 51.6M | |
Long Term Debt | 27.2B | 25.9B | 14.2B | 27.9B | 45.6B | 35.1B | |
Short Long Term Debt | 11.9B | 5.1B | 17.1B | 10.8B | 13.9B | 17.3B | |
Property Plant Equipment | 61.6B | 58.8B | 59.3B | 97.8B | 88.0B | 57.3B | |
Long Term Debt Total | 27.2B | 26.6B | 14.8B | 28.1B | 25.3B | 27.1B | |
Cash And Equivalents | 55.4M | 9.1M | 824.3M | 800.9M | 921.0M | 967.1M |
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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 Jindal Stock
Balance Sheet is a snapshot of the financial position of Jindal Stainless at a specified time, usually calculated after every quarter, six months, or one year. Jindal Stainless Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jindal Stainless 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 Jindal currently owns. An asset can also be divided into two categories, current and non-current.