Companhia Other Liab vs Other Current Liab Analysis

SID Stock  USD 2.00  0.01  0.50%   
Companhia Siderurgica financial indicator trend analysis is way more than just evaluating Companhia Siderurgica prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Siderurgica is a good investment. Please check the relationship between Companhia Siderurgica Other Liab and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Liab vs Other Current Liab

Other Liab vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Siderurgica Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Companhia Siderurgica's Other Liab and Other Current Liab is 0.32. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Companhia Siderurgica Nacional, assuming nothing else is changed. The correlation between historical values of Companhia Siderurgica's Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Companhia Siderurgica Nacional are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Companhia Siderurgica's Other Liab and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Other Current Liab

Most indicators from Companhia Siderurgica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Siderurgica 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Companhia Siderurgica's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue47.9B44.4B45.4B47.7B
Depreciation And Amortization2.2B2.9B3.4B3.5B

Companhia Siderurgica fundamental ratios Correlations

0.920.790.920.910.940.420.850.740.970.820.790.64-0.760.260.60.930.550.990.940.830.940.58-0.550.590.27
0.920.740.730.690.960.60.640.680.920.680.70.68-0.90.10.740.780.530.950.820.660.780.33-0.310.510.11
0.790.740.750.670.760.140.520.640.780.930.650.26-0.490.050.290.660.820.80.730.810.790.45-0.350.32-0.27
0.920.730.750.960.820.270.940.610.890.890.70.52-0.540.470.330.950.50.860.880.920.950.72-0.670.550.39
0.910.690.670.960.80.210.960.660.840.80.740.52-0.490.40.350.970.380.830.910.830.920.7-0.630.530.44
0.940.960.760.820.80.550.750.660.940.760.690.68-0.840.190.630.850.560.950.850.760.850.42-0.410.560.2
0.420.60.140.270.210.550.31-0.050.550.16-0.020.83-0.740.110.710.380.110.460.190.280.3-0.16-0.080.410.27
0.850.640.520.940.960.750.310.530.810.710.620.55-0.490.50.350.950.270.770.830.780.880.62-0.620.540.59
0.740.680.640.610.660.66-0.050.530.580.530.980.2-0.420.030.530.620.380.740.90.430.620.58-0.280.380.04
0.970.920.780.890.840.940.550.810.580.810.630.71-0.820.230.60.90.590.970.830.850.920.47-0.530.580.23
0.820.680.930.890.80.760.160.710.530.810.60.35-0.420.330.190.760.70.790.750.930.860.59-0.490.450.01
0.790.70.650.70.740.69-0.020.620.980.630.60.27-0.430.210.50.680.350.780.940.510.690.68-0.40.450.17
0.640.680.260.520.520.680.830.550.20.710.350.27-0.720.350.720.590.040.640.470.460.530.23-0.360.660.46
-0.76-0.9-0.49-0.54-0.49-0.84-0.74-0.49-0.42-0.82-0.42-0.43-0.72-0.01-0.72-0.65-0.41-0.81-0.6-0.51-0.61-0.160.26-0.4-0.18
0.260.10.050.470.40.190.110.50.030.230.330.210.35-0.01-0.080.32-0.230.190.290.40.30.59-0.540.430.72
0.60.740.290.330.350.630.710.350.530.60.190.50.72-0.72-0.080.450.20.670.550.220.410.11-0.140.550.15
0.930.780.660.950.970.850.380.950.620.90.760.680.59-0.650.320.450.40.870.890.810.930.57-0.570.460.41
0.550.530.820.50.380.560.110.270.380.590.70.350.04-0.41-0.230.20.40.580.430.650.60.23-0.30.16-0.45
0.990.950.80.860.830.950.460.770.740.970.790.780.64-0.810.190.670.870.580.910.790.90.52-0.490.580.18
0.940.820.730.880.910.850.190.830.90.830.750.940.47-0.60.290.550.890.430.910.710.870.69-0.520.530.29
0.830.660.810.920.830.760.280.780.430.850.930.510.46-0.510.40.220.810.650.790.710.840.68-0.610.520.24
0.940.780.790.950.920.850.30.880.620.920.860.690.53-0.610.30.410.930.60.90.870.840.57-0.660.470.22
0.580.330.450.720.70.42-0.160.620.580.470.590.680.23-0.160.590.110.570.230.520.690.680.57-0.760.480.5
-0.55-0.31-0.35-0.67-0.63-0.41-0.08-0.62-0.28-0.53-0.49-0.4-0.360.26-0.54-0.14-0.57-0.3-0.49-0.52-0.61-0.66-0.76-0.36-0.48
0.590.510.320.550.530.560.410.540.380.580.450.450.66-0.40.430.550.460.160.580.530.520.470.48-0.360.49
0.270.11-0.270.390.440.20.270.590.040.230.010.170.46-0.180.720.150.41-0.450.180.290.240.220.5-0.480.49
Click cells to compare fundamentals

Companhia Siderurgica Account Relationship Matchups

Companhia Siderurgica fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.9B63.0B79.4B85.4B91.5B96.1B
Short Long Term Debt Total28.4B35.8B33.1B41.6B45.6B47.9B
Other Current Liab1.5B1.9B2.5B2.8B8.6B9.1B
Total Current Liabilities11.6B14.7B24.5B22.5B25.0B26.3B
Total Stockholder Equity10.2B9.9B20.3B19.5B17.5B18.4B
Property Plant And Equipment Net19.7B19.7B21.5B26.4B27.9B29.3B
Net Debt27.4B25.9B16.5B29.6B29.5B15.6B
Accounts Payable4.1B5.4B10.9B12.3B7.8B8.2B
Cash1.1B9.9B16.6B12.0B16.0B16.8B
Non Current Assets Total38.1B39.6B44.4B54.7B58.5B61.4B
Non Currrent Assets Other5.1B4.9B6.1B7.3B14.6B15.4B
Cash And Short Term Investments3.7B13.7B19.3B13.4B17.6B18.5B
Net Receivables3.4B2.9B2.6B3.2B3.3B2.1B
Short Term Investments2.6B3.8B2.7B1.5B1.5B1.3B
Liabilities And Stockholders Equity50.9B63.0B79.4B85.4B91.5B96.1B
Non Current Liabilities Total27.9B37.0B31.5B41.1B46.8B24.0B
Inventory5.2B4.8B10.9B11.3B9.6B10.0B
Other Current Assets102.0M290.4M345.3M622.7M2.7B2.8B
Total Liab39.5B51.8B56.0B63.5B71.8B75.4B
Total Current Assets12.7B23.4B35.0B30.6B33.1B34.7B
Accumulated Other Comprehensive Income5.7B3.9B11.0B9.2B7.3B7.6B
Short Term Debt5.2B4.2B5.6B5.4B7.8B8.1B
Retained Earnings4.5B5.9B11.0B1.6B6.1B6.4B
Other Stockholder Equity(4.5B)(5.9B)(12.0B)(1.6B)(6.1B)(5.8B)
Other Liab4.6B5.4B3.9B4.8B5.5B3.1B
Other Assets7.5B8.8B11.1B8.0B1.00.95
Long Term Debt22.8B31.1B27.0B35.7B37.2B39.1B
Property Plant Equipment19.7B19.7B21.5B26.4B30.3B31.8B
Current Deferred Revenue787.6M1.1B2.1B1.1B2.1B2.2B
Intangible Assets3.6B3.7B3.9B11.5T6.4B6.1B
Property Plant And Equipment Gross19.7B19.7B40.1B51.6B55.9B58.7B
Long Term Investments3.7B3.8B4.0B5.2B5.7B4.5B
Short Long Term Debt5.1B4.1B5.5B5.2B7.3B6.7B
Net Tangible Assets2.9B2.6B12.7B8.7B10.0B10.5B
Long Term Debt Total23.3B31.6B27.5B36.2B41.7B28.8B

Also Currently Popular

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.
When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Siderurgica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Siderurgica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
33.206
Dividend Share
0.716
Earnings Share
(0.09)
Revenue Per Share
32.926
Quarterly Revenue Growth
(0.01)
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.