Jindal Good Will vs Current Deferred Revenue Analysis

JSL Stock

730.05 2.05 0.28%

Jindal Stainless financial indicator trend analysis is infinitely more than just investigating Jindal Stainless recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Stainless is a good investment. Please check the relationship between Jindal Stainless Good Will and its Current Deferred Revenue accounts. 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.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Stainless Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Jindal Stainless' Good Will and Current Deferred Revenue is -0.12. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Jindal Stainless Limited, assuming nothing else is changed. The correlation between historical values of Jindal Stainless' Good Will and Current Deferred 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 Good Will of Jindal Stainless Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Jindal Stainless' Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Jindal Stainless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

The current year's Tax Provision is expected to grow to about 9.4 B, whereas Selling General Administrative is forecasted to decline to about 1.1 B.

	2021	2022	2023	2024 (projected)
Interest Expense	2.9B	3.2B	5.5B	6.1B
Depreciation And Amortization	7.6B	7.2B	8.8B	5.1B

Interest Expense Depreciation And Amortization

Jindal Stainless fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Accounts Payable	Short Term Debt	Short Term Investments	Intangible Assets	Current Deferred Revenue
Total Assets		0.15	0.45	0.94	0.69	0.86	0.08	0.63	0.94	0.48	0.75	0.43	0.68	0.32	0.82	0.6	0.66	0.78	0.84	0.58	0.68	0.82	-0.12	0.76	0.75	0.2
Short Long Term Debt Total	0.15		-0.3	0.22	-0.38	0.39	1.0	-0.18	0.24	0.0	-0.23	0.12	-0.43	0.94	-0.15	0.48	-0.18	0.71	0.01	-0.47	-0.16	-0.31	0.79	-0.25	-0.2	-0.4
Other Current Liab	0.45	-0.3		0.37	0.41	0.29	-0.34	0.39	0.35	0.39	0.47	0.15	0.48	-0.1	0.41	0.32	0.46	0.16	0.39	0.16	0.33	0.57	0.04	0.49	0.41	0.28
Total Current Liabilities	0.94	0.22	0.37		0.58	0.79	0.15	0.47	0.87	0.45	0.63	0.52	0.67	0.31	0.77	0.56	0.54	0.8	0.78	0.51	0.53	0.82	-0.07	0.72	0.63	0.39
Total Stockholder Equity	0.69	-0.38	0.41	0.58		0.48	-0.44	0.92	0.62	0.59	0.97	0.28	0.75	-0.24	0.94	0.21	0.85	0.27	0.89	0.94	0.94	0.77	-0.51	0.87	0.97	0.15
Property Plant And Equipment Net	0.86	0.39	0.29	0.79	0.48		0.33	0.52	0.97	0.33	0.54	0.03	0.36	0.58	0.65	0.73	0.39	0.85	0.63	0.36	0.55	0.51	0.1	0.48	0.56	-0.11
Net Debt	0.08	1.0	-0.34	0.15	-0.44	0.33		-0.25	0.16	-0.04	-0.3	0.09	-0.49	0.92	-0.21	0.44	-0.24	0.66	-0.05	-0.51	-0.22	-0.37	0.8	-0.31	-0.27	-0.39
Cash	0.63	-0.18	0.39	0.47	0.92	0.52	-0.25		0.61	0.66	0.93	0.24	0.56	-0.02	0.85	0.23	0.85	0.35	0.86	0.81	0.98	0.58	-0.25	0.7	0.93	-0.19
Non Current Assets Total	0.94	0.24	0.35	0.87	0.62	0.97	0.16	0.61		0.4	0.66	0.16	0.54	0.43	0.75	0.66	0.51	0.8	0.72	0.51	0.64	0.68	-0.06	0.61	0.67	0.01
Non Currrent Assets Other	0.48	0.0	0.39	0.45	0.59	0.33	-0.04	0.66	0.4		0.6	0.42	0.38	0.04	0.6	0.27	0.54	0.35	0.65	0.46	0.62	0.51	-0.03	0.44	0.59	0.14
Cash And Short Term Investments	0.75	-0.23	0.47	0.63	0.97	0.54	-0.3	0.93	0.66	0.6		0.34	0.68	-0.08	0.95	0.29	0.92	0.4	0.94	0.87	0.96	0.75	-0.33	0.91	1.0	0.11
Net Receivables	0.43	0.12	0.15	0.52	0.28	0.03	0.09	0.24	0.16	0.42	0.34		0.48	0.06	0.37	-0.03	0.53	0.35	0.52	0.26	0.25	0.52	0.0	0.4	0.32	0.32
Common Stock Shares Outstanding	0.68	-0.43	0.48	0.67	0.75	0.36	-0.49	0.56	0.54	0.38	0.68	0.48		-0.34	0.73	0.19	0.56	0.2	0.67	0.74	0.57	0.91	-0.56	0.71	0.65	0.45
Non Current Liabilities Total	0.32	0.94	-0.1	0.31	-0.24	0.58	0.92	-0.02	0.43	0.04	-0.08	0.06	-0.34		-0.01	0.61	-0.03	0.81	0.14	-0.38	-0.01	-0.19	0.74	-0.12	-0.06	-0.46
Inventory	0.82	-0.15	0.41	0.77	0.94	0.65	-0.21	0.85	0.75	0.6	0.95	0.37	0.73	-0.01		0.36	0.83	0.53	0.96	0.86	0.89	0.83	-0.37	0.91	0.95	0.23
Other Current Assets	0.6	0.48	0.32	0.56	0.21	0.73	0.44	0.23	0.66	0.27	0.29	-0.03	0.19	0.61	0.36		0.11	0.72	0.42	0.04	0.25	0.29	0.27	0.3	0.28	-0.04
Other Stockholder Equity	0.66	-0.18	0.46	0.54	0.85	0.39	-0.24	0.85	0.51	0.54	0.92	0.53	0.56	-0.03	0.83	0.11		0.37	0.88	0.72	0.87	0.65	-0.21	0.84	0.91	0.05
Total Liab	0.78	0.71	0.16	0.8	0.27	0.85	0.66	0.35	0.8	0.35	0.4	0.35	0.2	0.81	0.53	0.72	0.37		0.63	0.13	0.39	0.38	0.41	0.4	0.42	-0.08
Total Current Assets	0.84	0.01	0.39	0.78	0.89	0.63	-0.05	0.86	0.72	0.65	0.94	0.52	0.67	0.14	0.96	0.42	0.88	0.63		0.78	0.89	0.76	-0.19	0.89	0.94	0.14
Common Stock	0.58	-0.47	0.16	0.51	0.94	0.36	-0.51	0.81	0.51	0.46	0.87	0.26	0.74	-0.38	0.86	0.04	0.72	0.13	0.78		0.86	0.72	-0.69	0.79	0.88	0.22
Good Will	0.68	-0.16	0.33	0.53	0.94	0.55	-0.22	0.98	0.64	0.62	0.96	0.25	0.57	-0.01	0.89	0.25	0.87	0.39	0.89	0.86		0.61	-0.28	0.78	0.97	-0.12
Accounts Payable	0.82	-0.31	0.57	0.82	0.77	0.51	-0.37	0.58	0.68	0.51	0.75	0.52	0.91	-0.19	0.83	0.29	0.65	0.38	0.76	0.72	0.61		-0.47	0.82	0.72	0.54
Short Term Debt	-0.12	0.79	0.04	-0.07	-0.51	0.1	0.8	-0.25	-0.06	-0.03	-0.33	0.0	-0.56	0.74	-0.37	0.27	-0.21	0.41	-0.19	-0.69	-0.28	-0.47		-0.37	-0.34	-0.41
Short Term Investments	0.76	-0.25	0.49	0.72	0.87	0.48	-0.31	0.7	0.61	0.44	0.91	0.4	0.71	-0.12	0.91	0.3	0.84	0.4	0.89	0.79	0.78	0.82	-0.37		0.91	0.42
Intangible Assets	0.75	-0.2	0.41	0.63	0.97	0.56	-0.27	0.93	0.67	0.59	1.0	0.32	0.65	-0.06	0.95	0.28	0.91	0.42	0.94	0.88	0.97	0.72	-0.34	0.91		0.08
Current Deferred Revenue	0.2	-0.4	0.28	0.39	0.15	-0.11	-0.39	-0.19	0.01	0.14	0.11	0.32	0.45	-0.46	0.23	-0.04	0.05	-0.08	0.14	0.22	-0.12	0.54	-0.41	0.42	0.08

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Jindal Stainless Account Relationship Matchups

Jindal Stainless fundamental ratios 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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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.

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Jindal Good Will vs Current Deferred Revenue Analysis

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Good Will

Current Deferred Revenue

Jindal Stainless fundamental ratios Correlations

Jindal Stainless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jindal Stainless fundamental ratios Accounts

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Other Information on Investing in Jindal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Intangible Assets	+ 1.0	Cash And Short Term Investments
Good Will	+ 0.98	Cash
Cash And Short Term Investments	+ 0.97	Total Stockholder Equity
Intangible Assets	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net

Short Term Debt	- 0.69	Common Stock
Short Term Debt	- 0.56	Common Stock Shares Outstanding
Common Stock	- 0.51	Net Debt
Short Term Debt	- 0.51	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.49	Net Debt
Short Term Debt	- 0.47	Accounts Payable