Tata Inventory vs Property Plant And Equipment Net Analysis

TATASTEEL   150.78  0.18  0.12%   
Tata Steel financial indicator trend analysis is much more than just breaking down Tata Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Steel Limited is a good investment. Please check the relationship between Tata Steel Inventory and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Steel 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 state.

Inventory vs Property Plant And Equipment Net

Inventory vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Steel Limited Inventory account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tata Steel's Inventory and Property Plant And Equipment Net is 0.88. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Tata Steel Limited, assuming nothing else is changed. The correlation between historical values of Tata Steel's Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tata Steel Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Tata Steel's Inventory and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Tata Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Steel Limited 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 Tata Steel 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 state.
The current year's Tax Provision is expected to grow to about 47.7 B, whereas Selling General Administrative is forecasted to decline to about 6.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense54.6B63.0B75.1B48.2B
Depreciation And Amortization91.0B93.4B98.9B61.7B

Tata Steel fundamental ratios Correlations

0.770.720.940.940.970.680.710.330.510.990.560.620.26-0.20.420.810.930.460.20.970.910.790.370.980.41
0.770.60.610.520.760.390.990.050.220.790.640.380.390.010.070.960.540.510.270.880.620.670.120.790.3
0.720.60.640.620.750.680.6-0.220.110.750.40.32-0.1-0.260.320.680.650.650.160.740.550.470.420.710.34
0.940.610.640.910.890.520.540.470.610.90.310.580.27-0.050.490.610.980.370.110.890.910.880.540.910.27
0.940.520.620.910.90.720.440.410.580.910.480.650.13-0.310.50.590.950.380.120.830.880.690.390.880.41
0.970.760.750.890.90.720.730.240.330.990.540.480.08-0.360.410.820.880.520.190.950.790.710.340.940.38
0.680.390.680.520.720.720.37-0.180.20.70.610.53-0.03-0.570.220.560.570.280.230.60.540.22-0.080.630.64
0.710.990.60.540.440.730.37-0.030.080.750.630.270.31-0.050.030.960.460.540.270.840.520.610.080.740.27
0.330.05-0.220.470.410.24-0.18-0.030.560.26-0.140.280.310.180.660.010.47-0.12-0.050.260.470.470.550.31-0.22
0.510.220.110.610.580.330.20.080.560.390.160.770.610.380.280.190.64-0.130.070.440.790.550.310.510.24
0.990.790.750.90.910.990.70.750.260.390.570.530.15-0.280.40.840.890.520.20.970.830.740.340.960.38
0.560.640.40.310.480.540.610.63-0.140.160.570.620.26-0.34-0.020.710.290.180.240.570.460.24-0.290.590.77
0.620.380.320.580.650.480.530.270.280.770.530.620.52-0.030.240.430.61-0.210.110.560.80.460.060.640.79
0.260.39-0.10.270.130.08-0.030.310.310.610.150.260.520.63-0.150.310.22-0.190.220.320.520.43-0.150.340.2
-0.20.01-0.26-0.05-0.31-0.36-0.57-0.050.180.38-0.28-0.34-0.030.63-0.24-0.15-0.12-0.18-0.04-0.110.040.150.07-0.11-0.38
0.420.070.320.490.50.410.220.030.660.280.4-0.020.24-0.15-0.240.130.520.16-0.090.340.410.310.780.35-0.05
0.810.960.680.610.590.820.560.960.010.190.840.710.430.31-0.150.130.580.50.30.910.640.570.090.840.4
0.930.540.650.980.950.880.570.460.470.640.890.290.610.22-0.120.520.580.380.090.860.930.810.570.890.28
0.460.510.650.370.380.520.280.54-0.12-0.130.520.18-0.21-0.19-0.180.160.50.380.350.490.240.40.390.44-0.25
0.20.270.160.110.120.190.230.27-0.050.070.20.240.110.22-0.04-0.090.30.090.350.230.180.18-0.150.30.08
0.970.880.740.890.830.950.60.840.260.440.970.570.560.32-0.110.340.910.860.490.230.860.80.340.970.38
0.910.620.550.910.880.790.540.520.470.790.830.460.80.520.040.410.640.930.240.180.860.810.40.90.44
0.790.670.470.880.690.710.220.610.470.550.740.240.460.430.150.310.570.810.40.180.80.810.50.770.12
0.370.120.420.540.390.34-0.080.080.550.310.34-0.290.06-0.150.070.780.090.570.39-0.150.340.40.50.32-0.32
0.980.790.710.910.880.940.630.740.310.510.960.590.640.34-0.110.350.840.890.440.30.970.90.770.320.44
0.410.30.340.270.410.380.640.27-0.220.240.380.770.790.2-0.38-0.050.40.28-0.250.080.380.440.12-0.320.44
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Tata Steel Account Relationship Matchups

Tata Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5T2.5T2.9T2.9T2.7T1.8T
Short Long Term Debt Total1.2T885.0B755.6B848.9B870.8B745.5B
Other Current Liab285.8B400.8B121.6B544.2B270.1B200.2B
Total Current Liabilities616.6B708.7B906.0B973.0B984.0B544.2B
Total Stockholder Equity735.8B742.4B1.1T1.0T920.4B532.5B
Property Plant And Equipment Net1.5T1.5T1.5T1.6T1.7T936.7B
Current Deferred Revenue120.1B202.8B165.7B172.8B28.3B26.9B
Net Debt1.1T829.7B599.5B727.6B800.0B664.1B
Accounts Payable102.5B78.4B367.6B99.3B354.3B372.1B
Cash75.4B55.3B156.0B121.3B70.8B81.3B
Non Current Assets Total1.9T1.9T1.9T2.0T2.0T1.2T
Non Currrent Assets Other335.2B254.1B299.2B161.0B85.0B160.5B
Cash And Short Term Investments113.3B141.4B260.8B184.2B88.6B117.8B
Net Receivables82.8B95.4B164.1B82.6B64.9B108.8B
Good Will40.5B43.4B43.1B56.0B57.5B68.9B
Liabilities And Stockholders Equity2.5T2.5T2.9T2.9T2.7T1.8T
Non Current Liabilities Total1.1T971.1B777.5B855.5B825.9B737.8B
Inventory310.7B332.8B488.2B544.2B491.6B286.1B
Other Current Assets84.1B46.4B12.4B82.3B62.3B53.8B
Other Stockholder Equity543.0B565.6B312.9B312.9B359.8B370.1B
Total Liab1.7T1.7T1.7T1.8T1.8T1.3T
Total Current Assets587.3B602.1B925.6B866.7B705.5B586.2B
Accumulated Other Comprehensive Income(640.7B)248.3B262.9B224.1B246.8B259.2B
Short Term Debt222.2B160.9B251.0B276.4B309.7B190.4B
Intangible Assets16.1B20.6B17.2B140.1B129.3B135.8B
Short Term Investments37.9B86.1B104.7B62.9B7.3B6.9B
Retained Earnings181.3B164.8B556.5B481.7B348.2B215.4B
Other Liab184.9B247.0B273.0B282.9B325.4B226.8B
Net Tangible Assets664.5B660.4B1.0T834.7B960.0B596.3B
Other Assets347.9B269.9B329.4B138.0B446.6M424.3M
Long Term Debt882.1B724.1B447.6B514.5B515.8B505.5B
Deferred Long Term Liab241M79.5M1.1M400K360K342K
Short Long Term Debt211.0B94.9B240.6B265.7B300.0B186.4B
Property Plant Equipment1.5T1.5T1.5T1.6T1.8T1.3T
Long Term Debt Total941.0B724.1B504.6B572.6B515.3B556.3B
Capital Surpluse277.8B309.7B312.9B312.9B359.8B295.1B
Capital Lease Obligations70.2B78.3B67.3B68.8B55.1B60.5B

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Other Information on Investing in Tata Stock

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