Rama Net Debt vs Short Long Term Debt Analysis

RAMASTEEL

13.52 0.17 1.24%

Rama Steel financial indicator trend analysis is much more than just breaking down Rama Steel Tubes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rama Steel Tubes is a good investment. Please check the relationship between Rama Steel Net Debt and its Short Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rama Steel Tubes. 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.

Net Debt vs Short Long Term Debt

Net Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rama Steel Tubes Net Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Rama Steel's Net Debt and Short Long Term Debt is 0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Rama Steel Tubes, assuming nothing else is changed. The correlation between historical values of Rama Steel's Net Debt and Short Long Term Debt 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 Rama Steel Tubes are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Debt i.e., Rama Steel's Net Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

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

The current year's Selling General Administrative is expected to grow to about 150.5 M, whereas Tax Provision is forecasted to decline to about 48 M.

	2021	2022	2023	2024 (projected)
Gross Profit	679.7M	928.1M	974.4M	1.0B
Total Revenue	7.6B	13.4B	10.5B	5.4B

Gross Profit Total Revenue

Rama Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.83	-0.34	0.99	0.99	0.33	0.99	0.84	0.82	0.97	0.99	0.61	0.86	0.26	-0.42	0.72	0.61	0.99	0.59	0.73	0.83	0.91	0.99	0.59	0.78	1.0
Short Long Term Debt Total	0.83		-0.44	0.87	0.76	0.36	0.82	0.92	0.99	0.76	0.79	0.69	0.97	0.46	-0.1	0.89	0.69	0.86	0.66	0.9	0.98	0.57	0.88	0.77	0.91	0.81
Other Current Liab	-0.34	-0.44		-0.31	-0.36	-0.69	-0.44	-0.53	-0.44	-0.37	-0.25	-0.31	-0.41	0.22	-0.17	-0.55	-0.31	-0.36	-0.51	-0.58	-0.43	-0.13	-0.33	-0.37	-0.51	-0.32
Total Current Liabilities	0.99	0.87	-0.31		0.96	0.3	0.97	0.84	0.86	0.95	0.99	0.61	0.89	0.36	-0.4	0.73	0.61	0.99	0.58	0.74	0.87	0.87	1.0	0.6	0.81	0.99
Total Stockholder Equity	0.99	0.76	-0.36	0.96		0.35	0.99	0.82	0.75	0.99	0.98	0.58	0.81	0.13	-0.46	0.67	0.58	0.97	0.58	0.69	0.76	0.95	0.96	0.55	0.72	0.99
Other Liab	0.33	0.36	-0.69	0.3	0.35		0.41	0.53	0.36	0.38	0.29	0.27	0.39	-0.34	0.23	0.36	0.27	0.35	0.69	0.41	0.33	0.22	0.31	0.46	0.5	0.32
Net Tangible Assets	0.99	0.82	-0.44	0.97	0.99	0.41		0.87	0.81	0.98	0.97	0.62	0.85	0.16	-0.38	0.74	0.62	0.98	0.64	0.76	0.81	0.91	0.97	0.61	0.77	0.99
Property Plant And Equipment Net	0.84	0.92	-0.53	0.84	0.82	0.53	0.87		0.9	0.82	0.8	0.77	0.96	0.17	-0.1	0.88	0.77	0.85	0.81	0.9	0.91	0.65	0.85	0.82	0.87	0.83
Net Debt	0.82	0.99	-0.44	0.86	0.75	0.36	0.81	0.9		0.74	0.78	0.6	0.95	0.5	-0.14	0.85	0.61	0.86	0.6	0.85	0.97	0.56	0.87	0.75	0.92	0.8
Retained Earnings	0.97	0.76	-0.37	0.95	0.99	0.38	0.98	0.82	0.74		0.96	0.6	0.8	0.09	-0.36	0.69	0.6	0.96	0.63	0.7	0.74	0.94	0.95	0.59	0.74	0.98
Accounts Payable	0.99	0.79	-0.25	0.99	0.98	0.29	0.97	0.8	0.78	0.96		0.58	0.84	0.3	-0.48	0.66	0.58	0.99	0.55	0.67	0.81	0.92	0.98	0.55	0.75	0.99
Cash	0.61	0.69	-0.31	0.61	0.58	0.27	0.62	0.77	0.6	0.6	0.58		0.71	0.05	0.18	0.86	1.0	0.57	0.82	0.86	0.69	0.46	0.63	0.65	0.52	0.6
Non Current Assets Total	0.86	0.97	-0.41	0.89	0.81	0.39	0.85	0.96	0.95	0.8	0.84	0.71		0.43	-0.18	0.85	0.72	0.88	0.7	0.86	0.98	0.63	0.89	0.78	0.91	0.84
Non Currrent Assets Other	0.26	0.46	0.22	0.36	0.13	-0.34	0.16	0.17	0.5	0.09	0.3	0.05	0.43		-0.28	0.21	0.05	0.32	-0.17	0.18	0.52	0.01	0.35	0.06	0.4	0.24
Other Assets	-0.42	-0.1	-0.17	-0.4	-0.46	0.23	-0.38	-0.1	-0.14	-0.36	-0.48	0.18	-0.18	-0.28		0.13	0.18	-0.42	0.26	0.13	-0.18	-0.56	-0.38	0.27	-0.08	-0.44
Long Term Debt	0.72	0.89	-0.55	0.73	0.67	0.36	0.74	0.88	0.85	0.69	0.66	0.86	0.85	0.21	0.13		0.86	0.72	0.79	1.0	0.85	0.47	0.76	0.79	0.72	0.7
Cash And Short Term Investments	0.61	0.69	-0.31	0.61	0.58	0.27	0.62	0.77	0.61	0.6	0.58	1.0	0.72	0.05	0.18	0.86		0.57	0.82	0.86	0.69	0.46	0.63	0.66	0.52	0.6
Net Receivables	0.99	0.86	-0.36	0.99	0.97	0.35	0.98	0.85	0.86	0.96	0.99	0.57	0.88	0.32	-0.42	0.72	0.57		0.57	0.73	0.86	0.88	0.99	0.6	0.82	0.99
Common Stock Shares Outstanding	0.59	0.66	-0.51	0.58	0.58	0.69	0.64	0.81	0.6	0.63	0.55	0.82	0.7	-0.17	0.26	0.79	0.82	0.57		0.82	0.62	0.45	0.6	0.79	0.61	0.58
Non Current Liabilities Total	0.73	0.9	-0.58	0.74	0.69	0.41	0.76	0.9	0.85	0.7	0.67	0.86	0.86	0.18	0.13	1.0	0.86	0.73	0.82		0.85	0.49	0.76	0.8	0.73	0.71
Inventory	0.83	0.98	-0.43	0.87	0.76	0.33	0.81	0.91	0.97	0.74	0.81	0.69	0.98	0.52	-0.18	0.85	0.69	0.86	0.62	0.85		0.56	0.88	0.7	0.91	0.81
Other Current Assets	0.91	0.57	-0.13	0.87	0.95	0.22	0.91	0.65	0.56	0.94	0.92	0.46	0.63	0.01	-0.56	0.47	0.46	0.88	0.45	0.49	0.56		0.86	0.4	0.52	0.93
Total Liab	0.99	0.88	-0.33	1.0	0.96	0.31	0.97	0.85	0.87	0.95	0.98	0.63	0.89	0.35	-0.38	0.76	0.63	0.99	0.6	0.76	0.88	0.86		0.61	0.81	0.99
Long Term Investments	0.59	0.77	-0.37	0.6	0.55	0.46	0.61	0.82	0.75	0.59	0.55	0.65	0.78	0.06	0.27	0.79	0.66	0.6	0.79	0.8	0.7	0.4	0.61		0.71	0.57
Short Long Term Debt	0.78	0.91	-0.51	0.81	0.72	0.5	0.77	0.87	0.92	0.74	0.75	0.52	0.91	0.4	-0.08	0.72	0.52	0.82	0.61	0.73	0.91	0.52	0.81	0.71		0.76
Total Current Assets	1.0	0.81	-0.32	0.99	0.99	0.32	0.99	0.83	0.8	0.98	0.99	0.6	0.84	0.24	-0.44	0.7	0.6	0.99	0.58	0.71	0.81	0.93	0.99	0.57	0.76

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Rama Steel Account Relationship Matchups

Rama Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.5B	3.6B	6.9B	7.3B	7.7B
Short Long Term Debt Total	831.7M	854.4M	1.4B	1.9B	1.5B	967.1M
Other Current Liab	48.3M	22.6M	29.9M	32.7M	64.1M	41.3M
Total Current Liabilities	1.3B	1.2B	2.0B	4.0B	3.6B	3.8B
Total Stockholder Equity	885.6M	999.4M	1.3B	2.5B	3.4B	3.5B
Other Liab	23.5M	11.9M	15.3M	11.7M	13.5M	12.5M
Net Tangible Assets	878.2M	999.1M	1.3B	2.2B	2.6B	2.7B
Property Plant And Equipment Net	439.2M	517.6M	584.6M	756.5M	859.1M	445.5M
Net Debt	759.1M	654.8M	1.2B	1.8B	1.3B	870.6M
Retained Earnings	428.2M	545.2M	809.8M	1.1B	1.6B	1.6B
Accounts Payable	592.6M	503.0M	693.2M	2.2B	2.3B	2.4B
Cash	72.6M	199.6M	176.5M	126.1M	174.1M	96.5M
Non Current Assets Total	645.0M	764.3M	855.7M	1.6B	1.3B	702.0M
Non Currrent Assets Other	9.7M	4.2M	53.4M	378.8M	29.3M	27.9M
Other Assets	129.8M	163.8M	194.7M	31.0M	1K	950.0
Long Term Debt	181.5M	299.8M	317.8M	319.8M	273.2M	222.5M
Cash And Short Term Investments	72.6M	199.6M	176.5M	126.8M	174.1M	96.6M
Net Receivables	721.5M	586.0M	1.1B	2.3B	2.2B	2.3B
Common Stock Shares Outstanding	417.7M	419.9M	1.3B	729.9M	1.3B	711.6M
Liabilities And Stockholders Equity	2.4B	2.5B	3.6B	6.9B	7.3B	7.7B
Non Current Liabilities Total	205.0M	311.7M	333.1M	331.6M	293.7M	236.2M
Inventory	539.4M	728.6M	1.0B	2.0B	1.3B	722.5M
Other Current Assets	345.6M	175.9M	473.1M	952.7M	2.4B	2.5B
Total Liab	1.5B	1.5B	2.3B	4.3B	3.9B	4.1B
Short Long Term Debt	650.1M	518.7M	1.1B	1.6B	1.2B	682.0M
Total Current Assets	1.7B	1.7B	2.7B	5.4B	6.0B	6.3B
Short Term Debt	650.1M	470.5M	863.8M	1.4B	1.2B	693.7M
Property Plant Equipment	439.2M	517.6M	584.6M	756.5M	870.0M	913.5M
Current Deferred Revenue	46.8M	103.5M	128.1M	102.6M	50.6M	63.3M
Short Term Investments	(101.3M)	2.2M	734K	737K	591K	620.6K
Other Stockholder Equity	217.6M	346.9M	217.6M	542.9M	246.2M	264.4M
Accumulated Other Comprehensive Income	155.9M	152.6M	155.2M	414.9M	8.0M	7.6M
Long Term Debt Total	181.5M	299.8M	317.8M	319.8M	367.8M	247.2M
Intangible Assets	68K	313K	307K	241K	189K	281.0K
Cash And Equivalents	58.6M	21.1M	10.6M	34.2M	30.8M	41.1M

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Balance Sheet is a snapshot of the financial position of Rama Steel Tubes at a specified time, usually calculated after every quarter, six months, or one year. Rama Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rama 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 Rama currently owns. An asset can also be divided into two categories, current and non-current.

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Rama Net Debt vs Short Long Term Debt Analysis

Net Debt vs Short Long Term Debt

Net Debt vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Net Debt

Short Long Term Debt

Rama Steel fundamental ratios Correlations

Rama Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rama Steel fundamental ratios Accounts

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets

Other Liab	- 0.69	Other Current Liab
Non Current Liabilities Total	- 0.58	Other Current Liab
Other Current Assets	- 0.56	Other Assets
Long Term Debt	- 0.55	Other Current Liab
Property Plant And Equipment Net	- 0.53	Other Current Liab
Short Long Term Debt	- 0.51	Other Current Liab