Vulcan Cash vs Long Term Debt Analysis

VSL Stock

7.02 0.17 2.48%

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

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

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

The correlation between Vulcan Steel's Cash and Long Term Debt is 0.9. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Vulcan Steel, assuming nothing else is changed. The correlation between historical values of Vulcan Steel's Cash and 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 Cash of Vulcan Steel are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Vulcan Steel's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of Vulcan Steel, which is listed under current asset account on Vulcan Steel balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vulcan Steel customers. The amounts must be unrestricted with restricted cash listed in a different Vulcan Steel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Vulcan Steel has held for over one year. Long-term debt appears on Vulcan Steel balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Vulcan Steel balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Vulcan Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vulcan Steel 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 Vulcan Steel. 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.

Tax Provision is likely to gain to about 27 M in 2024, whereas Selling General Administrative is likely to drop slightly above 104.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	3.6K	35.6M	263K	249.9K
Tax Provision	51.7M	37M	18.9M	27.0M

Interest Income Tax Provision

Vulcan Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	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	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		1.0	0.56	0.65	0.83	0.94	0.97	-0.9	1.0	0.8	0.87	0.95	0.97	0.26	0.54	0.97	0.95	0.96	0.83	0.55	0.93	1.0	0.97	0.32	0.14	1.0
Short Long Term Debt Total	1.0		0.54	0.63	0.8	0.93	0.98	-0.91	1.0	0.78	0.87	0.96	0.98	0.24	0.54	0.95	0.96	0.94	0.84	0.55	0.93	1.0	0.95	0.35	0.13	1.0
Other Current Liab	0.56	0.54		0.41	0.71	0.58	0.46	-0.76	0.51	0.71	0.51	0.64	0.44	-0.25	0.52	0.56	0.64	0.62	0.61	0.19	0.52	0.51	0.64	-0.09	0.68	0.52
Total Current Liabilities	0.65	0.63	0.41		0.44	0.71	0.54	-0.55	0.62	0.38	0.83	0.57	0.54	-0.11	0.24	0.58	0.57	0.81	0.4	0.27	0.61	0.61	0.68	0.61	0.14	0.66
Total Stockholder Equity	0.83	0.8	0.71	0.44		0.8	0.72	-0.75	0.79	1.0	0.53	0.83	0.72	0.37	0.57	0.91	0.83	0.83	0.61	0.51	0.8	0.79	0.91	-0.22	0.41	0.78
Net Tangible Assets	0.94	0.93	0.58	0.71	0.8		0.89	-0.85	0.92	0.75	0.83	0.95	0.89	0.02	0.35	0.9	0.95	0.92	0.72	0.68	0.9	0.92	0.92	0.33	0.27	0.93
Property Plant And Equipment Net	0.97	0.98	0.46	0.54	0.72	0.89		-0.9	0.98	0.69	0.86	0.94	1.0	0.23	0.5	0.9	0.94	0.87	0.87	0.57	0.92	0.99	0.88	0.4	0.06	0.98
Current Deferred Revenue	-0.9	-0.91	-0.76	-0.55	-0.75	-0.85	-0.9		-0.9	-0.74	-0.85	-0.9	-0.89	0.03	-0.48	-0.83	-0.9	-0.86	-0.95	-0.52	-0.89	-0.9	-0.86	-0.32	-0.25	-0.9
Net Debt	1.0	1.0	0.51	0.62	0.79	0.92	0.98	-0.9		0.77	0.87	0.94	0.98	0.26	0.52	0.96	0.94	0.93	0.85	0.56	0.93	1.0	0.95	0.36	0.07	1.0
Retained Earnings	0.8	0.78	0.71	0.38	1.0	0.75	0.69	-0.74	0.77		0.48	0.8	0.69	0.4	0.58	0.9	0.8	0.79	0.61	0.48	0.78	0.76	0.89	-0.28	0.39	0.76
Accounts Payable	0.87	0.87	0.51	0.83	0.53	0.83	0.86	-0.85	0.87	0.48		0.81	0.86	-0.07	0.43	0.74	0.81	0.88	0.79	0.37	0.8	0.87	0.8	0.7	0.1	0.89
Cash	0.95	0.96	0.64	0.57	0.83	0.95	0.94	-0.9	0.94	0.8	0.81		0.94	0.12	0.53	0.9	1.0	0.88	0.79	0.59	0.91	0.95	0.91	0.24	0.37	0.95
Non Current Assets Total	0.97	0.98	0.44	0.54	0.72	0.89	1.0	-0.89	0.98	0.69	0.86	0.94		0.25	0.49	0.9	0.94	0.87	0.86	0.57	0.92	0.99	0.88	0.4	0.05	0.98
Non Currrent Assets Other	0.26	0.24	-0.25	-0.11	0.37	0.02	0.23	0.03	0.26	0.4	-0.07	0.12	0.25		0.43	0.38	0.12	0.2	0.01	-0.03	0.21	0.26	0.29	-0.33	-0.29	0.24
Other Assets	0.54	0.54	0.52	0.24	0.57	0.35	0.5	-0.48	0.52	0.58	0.43	0.53	0.49	0.43		0.55	0.53	0.52	0.38	-0.32	0.31	0.53	0.57	-0.07	0.43	0.52
Long Term Debt	0.97	0.95	0.56	0.58	0.91	0.9	0.9	-0.83	0.96	0.9	0.74	0.9	0.9	0.38	0.55		0.9	0.94	0.75	0.55	0.89	0.95	0.99	0.12	0.13	0.95
Cash And Short Term Investments	0.95	0.96	0.64	0.57	0.83	0.95	0.94	-0.9	0.94	0.8	0.81	1.0	0.94	0.12	0.53	0.9		0.88	0.79	0.59	0.91	0.95	0.91	0.24	0.37	0.95
Net Receivables	0.96	0.94	0.62	0.81	0.83	0.92	0.87	-0.86	0.93	0.79	0.88	0.88	0.87	0.2	0.52	0.94	0.88		0.74	0.47	0.88	0.93	0.98	0.35	0.17	0.95
Good Will	0.83	0.84	0.61	0.4	0.61	0.72	0.87	-0.95	0.85	0.61	0.79	0.79	0.86	0.01	0.38	0.75	0.79	0.74		0.51	0.84	0.85	0.75	0.37	0.0	0.84
Common Stock Shares Outstanding	0.55	0.55	0.19	0.27	0.51	0.68	0.57	-0.52	0.56	0.48	0.37	0.59	0.57	-0.03	-0.32	0.55	0.59	0.47	0.51		0.75	0.55	0.51	0.09	-0.06	0.55
Long Term Debt Total	0.93	0.93	0.52	0.61	0.8	0.9	0.92	-0.89	0.93	0.78	0.8	0.91	0.92	0.21	0.31	0.89	0.91	0.88	0.84	0.75		0.93	0.89	0.27	0.1	0.93
Non Current Liabilities Total	1.0	1.0	0.51	0.61	0.79	0.92	0.99	-0.9	1.0	0.76	0.87	0.95	0.99	0.26	0.53	0.95	0.95	0.93	0.85	0.55	0.93		0.94	0.36	0.09	1.0
Inventory	0.97	0.95	0.64	0.68	0.91	0.92	0.88	-0.86	0.95	0.89	0.8	0.91	0.88	0.29	0.57	0.99	0.91	0.98	0.75	0.51	0.89	0.94		0.18	0.21	0.95
Other Current Assets	0.32	0.35	-0.09	0.61	-0.22	0.33	0.4	-0.32	0.36	-0.28	0.7	0.24	0.4	-0.33	-0.07	0.12	0.24	0.35	0.37	0.09	0.27	0.36	0.18		-0.33	0.39
Other Stockholder Equity	0.14	0.13	0.68	0.14	0.41	0.27	0.06	-0.25	0.07	0.39	0.1	0.37	0.05	-0.29	0.43	0.13	0.37	0.17	0.0	-0.06	0.1	0.09	0.21	-0.33		0.1
Total Liab	1.0	1.0	0.52	0.66	0.78	0.93	0.98	-0.9	1.0	0.76	0.89	0.95	0.98	0.24	0.52	0.95	0.95	0.95	0.84	0.55	0.93	1.0	0.95	0.39	0.1

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Vulcan Steel Account Relationship Matchups

Vulcan Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	556.3M	580.8M	717.3M	1.0B	906.4M	705.6M
Short Long Term Debt Total	294.9M	323.8M	411.9M	649.7M	590.2M	389.0M
Other Current Liab	18.6M	11.9M	42.2M	24.1M	20.7M	25.5M
Total Current Liabilities	126.4M	184.2M	190.2M	191.2M	169.4M	183.2M
Total Stockholder Equity	135.0M	85.9M	167.1M	185.9M	172.1M	156.5M
Net Tangible Assets	120.8M	140.8M	172.5M	170.9M	196.5M	154.1M
Property Plant And Equipment Net	237.7M	230.2M	213.6M	347.2M	350.4M	235.4M
Net Debt	280.7M	313.6M	351.0M	629.4M	566.1M	366.5M
Retained Earnings	120.6M	69.2M	141.8M	163.6M	147.8M	135.7M
Accounts Payable	95.2M	147.0M	135.4M	142.8M	123.5M	128.7M
Cash	14.2M	10.2M	21.7M	20.3M	24.1M	15.6M
Non Current Assets Total	257.2M	250.7M	230.7M	370.9M	373.1M	257.8M
Non Currrent Assets Other	5.4M	1.43	0.9	8.6M	2.9M	3.3M
Long Term Debt	124.3M	80M	190.3M	360M	299.9M	191.5M
Cash And Short Term Investments	14.2M	10.2M	21.7M	20.3M	24.1M	15.6M
Net Receivables	95.7M	119.2M	141.6M	169.3M	143.4M	136.9M
Good Will	11.6M	11.6M	10.6M	12.0M	12.0M	12.2M
Long Term Debt Total	294.9M	261.6M	399.2M	627.1M	721.1M	757.2M
Liabilities And Stockholders Equity	556.3M	580.8M	717.3M	1.0B	906.4M	705.6M
Non Current Liabilities Total	294.9M	310.7M	360.1M	627.1M	565.0M	364.2M
Inventory	189.2M	191.0M	318.6M	437.7M	360.6M	290.9M
Other Current Assets	40K	22.5M	4.7M	5.9M	5.2M	6.4M
Other Stockholder Equity	2.6M	(5.7M)	16.0M	(2.2M)	2.0	1.9
Total Liab	421.3M	494.9M	550.2M	818.3M	734.4M	547.3M
Total Current Assets	299.1M	330.1M	486.6M	633.3M	533.3M	447.8M
Accumulated Other Comprehensive Income	2.6M	4.7M	14.5M	10.3M	12.3M	8.0M
Cash And Equivalents	14.2M	10.2M	24.0M	20.3M	23.4M	14.3M
Short Term Debt	12.7M	12.2M	12.6M	22.7M	25.2M	19.8M
Intangible Assets	2.5M	13.3M	920.8K	3.0M	1.4M	1.3M
Common Stock	11.9M	12.0M	10.8M	12.0M	13.8M	12.7M
Property Plant Equipment	237.7M	230.8M	236.9M	347.2M	399.3M	215.6M

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