Tata Net Debt vs Good Will 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 Net Debt and its Good Will 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.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Steel Limited Net Debt account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tata Steel's Net Debt and Good Will is -0.05. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will 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 Net Debt and Good Will 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 Tata Steel Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., Tata Steel's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

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.

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 Expense	54.6B	63.0B	75.1B	48.2B
Depreciation And Amortization	91.0B	93.4B	98.9B	61.7B

Interest Expense Depreciation And Amortization

Tata Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments
Total Assets		0.77	0.72	0.94	0.94	0.97	0.68	0.71	0.33	0.51	0.99	0.56	0.62	0.26	-0.2	0.42	0.81	0.93	0.46	0.2	0.97	0.91	0.79	0.37	0.98	0.41
Short Long Term Debt Total	0.77		0.6	0.61	0.52	0.76	0.39	0.99	0.05	0.22	0.79	0.64	0.38	0.39	0.01	0.07	0.96	0.54	0.51	0.27	0.88	0.62	0.67	0.12	0.79	0.3
Other Current Liab	0.72	0.6		0.64	0.62	0.75	0.68	0.6	-0.22	0.11	0.75	0.4	0.32	-0.1	-0.26	0.32	0.68	0.65	0.65	0.16	0.74	0.55	0.47	0.42	0.71	0.34
Total Current Liabilities	0.94	0.61	0.64		0.91	0.89	0.52	0.54	0.47	0.61	0.9	0.31	0.58	0.27	-0.05	0.49	0.61	0.98	0.37	0.11	0.89	0.91	0.88	0.54	0.91	0.27
Total Stockholder Equity	0.94	0.52	0.62	0.91		0.9	0.72	0.44	0.41	0.58	0.91	0.48	0.65	0.13	-0.31	0.5	0.59	0.95	0.38	0.12	0.83	0.88	0.69	0.39	0.88	0.41
Property Plant And Equipment Net	0.97	0.76	0.75	0.89	0.9		0.72	0.73	0.24	0.33	0.99	0.54	0.48	0.08	-0.36	0.41	0.82	0.88	0.52	0.19	0.95	0.79	0.71	0.34	0.94	0.38
Current Deferred Revenue	0.68	0.39	0.68	0.52	0.72	0.72		0.37	-0.18	0.2	0.7	0.61	0.53	-0.03	-0.57	0.22	0.56	0.57	0.28	0.23	0.6	0.54	0.22	-0.08	0.63	0.64
Net Debt	0.71	0.99	0.6	0.54	0.44	0.73	0.37		-0.03	0.08	0.75	0.63	0.27	0.31	-0.05	0.03	0.96	0.46	0.54	0.27	0.84	0.52	0.61	0.08	0.74	0.27
Accounts Payable	0.33	0.05	-0.22	0.47	0.41	0.24	-0.18	-0.03		0.56	0.26	-0.14	0.28	0.31	0.18	0.66	0.01	0.47	-0.12	-0.05	0.26	0.47	0.47	0.55	0.31	-0.22
Cash	0.51	0.22	0.11	0.61	0.58	0.33	0.2	0.08	0.56		0.39	0.16	0.77	0.61	0.38	0.28	0.19	0.64	-0.13	0.07	0.44	0.79	0.55	0.31	0.51	0.24
Non Current Assets Total	0.99	0.79	0.75	0.9	0.91	0.99	0.7	0.75	0.26	0.39		0.57	0.53	0.15	-0.28	0.4	0.84	0.89	0.52	0.2	0.97	0.83	0.74	0.34	0.96	0.38
Non Currrent Assets Other	0.56	0.64	0.4	0.31	0.48	0.54	0.61	0.63	-0.14	0.16	0.57		0.62	0.26	-0.34	-0.02	0.71	0.29	0.18	0.24	0.57	0.46	0.24	-0.29	0.59	0.77
Cash And Short Term Investments	0.62	0.38	0.32	0.58	0.65	0.48	0.53	0.27	0.28	0.77	0.53	0.62		0.52	-0.03	0.24	0.43	0.61	-0.21	0.11	0.56	0.8	0.46	0.06	0.64	0.79
Net Receivables	0.26	0.39	-0.1	0.27	0.13	0.08	-0.03	0.31	0.31	0.61	0.15	0.26	0.52		0.63	-0.15	0.31	0.22	-0.19	0.22	0.32	0.52	0.43	-0.15	0.34	0.2
Good Will	-0.2	0.01	-0.26	-0.05	-0.31	-0.36	-0.57	-0.05	0.18	0.38	-0.28	-0.34	-0.03	0.63		-0.24	-0.15	-0.12	-0.18	-0.04	-0.11	0.04	0.15	0.07	-0.11	-0.38
Common Stock Shares Outstanding	0.42	0.07	0.32	0.49	0.5	0.41	0.22	0.03	0.66	0.28	0.4	-0.02	0.24	-0.15	-0.24		0.13	0.52	0.16	-0.09	0.34	0.41	0.31	0.78	0.35	-0.05
Non Current Liabilities Total	0.81	0.96	0.68	0.61	0.59	0.82	0.56	0.96	0.01	0.19	0.84	0.71	0.43	0.31	-0.15	0.13		0.58	0.5	0.3	0.91	0.64	0.57	0.09	0.84	0.4
Inventory	0.93	0.54	0.65	0.98	0.95	0.88	0.57	0.46	0.47	0.64	0.89	0.29	0.61	0.22	-0.12	0.52	0.58		0.38	0.09	0.86	0.93	0.81	0.57	0.89	0.28
Other Current Assets	0.46	0.51	0.65	0.37	0.38	0.52	0.28	0.54	-0.12	-0.13	0.52	0.18	-0.21	-0.19	-0.18	0.16	0.5	0.38		0.35	0.49	0.24	0.4	0.39	0.44	-0.25
Other Stockholder Equity	0.2	0.27	0.16	0.11	0.12	0.19	0.23	0.27	-0.05	0.07	0.2	0.24	0.11	0.22	-0.04	-0.09	0.3	0.09	0.35		0.23	0.18	0.18	-0.15	0.3	0.08
Total Liab	0.97	0.88	0.74	0.89	0.83	0.95	0.6	0.84	0.26	0.44	0.97	0.57	0.56	0.32	-0.11	0.34	0.91	0.86	0.49	0.23		0.86	0.8	0.34	0.97	0.38
Total Current Assets	0.91	0.62	0.55	0.91	0.88	0.79	0.54	0.52	0.47	0.79	0.83	0.46	0.8	0.52	0.04	0.41	0.64	0.93	0.24	0.18	0.86		0.81	0.4	0.9	0.44
Short Term Debt	0.79	0.67	0.47	0.88	0.69	0.71	0.22	0.61	0.47	0.55	0.74	0.24	0.46	0.43	0.15	0.31	0.57	0.81	0.4	0.18	0.8	0.81		0.5	0.77	0.12
Intangible Assets	0.37	0.12	0.42	0.54	0.39	0.34	-0.08	0.08	0.55	0.31	0.34	-0.29	0.06	-0.15	0.07	0.78	0.09	0.57	0.39	-0.15	0.34	0.4	0.5		0.32	-0.32
Common Stock	0.98	0.79	0.71	0.91	0.88	0.94	0.63	0.74	0.31	0.51	0.96	0.59	0.64	0.34	-0.11	0.35	0.84	0.89	0.44	0.3	0.97	0.9	0.77	0.32		0.44
Short Term Investments	0.41	0.3	0.34	0.27	0.41	0.38	0.64	0.27	-0.22	0.24	0.38	0.77	0.79	0.2	-0.38	-0.05	0.4	0.28	-0.25	0.08	0.38	0.44	0.12	-0.32	0.44

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Tata Steel Account Relationship Matchups

Tata Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5T	2.5T	2.9T	2.9T	2.7T	1.8T
Short Long Term Debt Total	1.2T	885.0B	755.6B	848.9B	870.8B	745.5B
Other Current Liab	285.8B	400.8B	121.6B	544.2B	270.1B	200.2B
Total Current Liabilities	616.6B	708.7B	906.0B	973.0B	984.0B	544.2B
Total Stockholder Equity	735.8B	742.4B	1.1T	1.0T	920.4B	532.5B
Property Plant And Equipment Net	1.5T	1.5T	1.5T	1.6T	1.7T	936.7B
Current Deferred Revenue	120.1B	202.8B	165.7B	172.8B	28.3B	26.9B
Net Debt	1.1T	829.7B	599.5B	727.6B	800.0B	664.1B
Accounts Payable	102.5B	78.4B	367.6B	99.3B	354.3B	372.1B
Cash	75.4B	55.3B	156.0B	121.3B	70.8B	81.3B
Non Current Assets Total	1.9T	1.9T	1.9T	2.0T	2.0T	1.2T
Non Currrent Assets Other	335.2B	254.1B	299.2B	161.0B	85.0B	160.5B
Cash And Short Term Investments	113.3B	141.4B	260.8B	184.2B	88.6B	117.8B
Net Receivables	82.8B	95.4B	164.1B	82.6B	64.9B	108.8B
Good Will	40.5B	43.4B	43.1B	56.0B	57.5B	68.9B
Liabilities And Stockholders Equity	2.5T	2.5T	2.9T	2.9T	2.7T	1.8T
Non Current Liabilities Total	1.1T	971.1B	777.5B	855.5B	825.9B	737.8B
Inventory	310.7B	332.8B	488.2B	544.2B	491.6B	286.1B
Other Current Assets	84.1B	46.4B	12.4B	82.3B	62.3B	53.8B
Other Stockholder Equity	543.0B	565.6B	312.9B	312.9B	359.8B	370.1B
Total Liab	1.7T	1.7T	1.7T	1.8T	1.8T	1.3T
Total Current Assets	587.3B	602.1B	925.6B	866.7B	705.5B	586.2B
Accumulated Other Comprehensive Income	(640.7B)	248.3B	262.9B	224.1B	246.8B	259.2B
Short Term Debt	222.2B	160.9B	251.0B	276.4B	309.7B	190.4B
Intangible Assets	16.1B	20.6B	17.2B	140.1B	129.3B	135.8B
Short Term Investments	37.9B	86.1B	104.7B	62.9B	7.3B	6.9B
Retained Earnings	181.3B	164.8B	556.5B	481.7B	348.2B	215.4B
Other Liab	184.9B	247.0B	273.0B	282.9B	325.4B	226.8B
Net Tangible Assets	664.5B	660.4B	1.0T	834.7B	960.0B	596.3B
Other Assets	347.9B	269.9B	329.4B	138.0B	446.6M	424.3M
Long Term Debt	882.1B	724.1B	447.6B	514.5B	515.8B	505.5B
Deferred Long Term Liab	241M	79.5M	1.1M	400K	360K	342K
Short Long Term Debt	211.0B	94.9B	240.6B	265.7B	300.0B	186.4B
Property Plant Equipment	1.5T	1.5T	1.5T	1.6T	1.8T	1.3T
Long Term Debt Total	941.0B	724.1B	504.6B	572.6B	515.3B	556.3B
Capital Surpluse	277.8B	309.7B	312.9B	312.9B	359.8B	295.1B
Capital Lease Obligations	70.2B	78.3B	67.3B	68.8B	55.1B	60.5B

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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.

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Tata Net Debt vs Good Will Analysis

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

Correlation Coefficient

Net Debt

Good Will

Tata Steel fundamental ratios Correlations

Tata Steel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tata Steel fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.98	Total Assets
Inventory	+ 0.98	Total Current Liabilities
Property Plant And Equipment Net	+ 0.97	Total Assets

Good Will	- 0.57	Current Deferred Revenue
Short Term Investments	- 0.38	Good Will
Good Will	- 0.36	Property Plant And Equipment Net
Good Will	- 0.34	Non Currrent Assets Other
Short Term Investments	- 0.32	Intangible Assets
Good Will	- 0.31	Total Stockholder Equity