Vulcan Other Current Assets vs Non Current Assets Total 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 Other Current Assets and its Non Current Assets Total 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.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vulcan Steel Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vulcan Steel's Other Current Assets and Non Current Assets Total is 0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total 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 Other Current Assets and Non Current Assets Total 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 Current Assets of Vulcan Steel are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Vulcan Steel's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Income3.6K35.6M263K249.9K
Tax Provision51.7M37M18.9M27.0M

Vulcan Steel fundamental ratios Correlations

1.00.560.650.830.940.97-0.91.00.80.870.950.970.260.540.970.950.960.830.550.931.00.970.320.141.0
1.00.540.630.80.930.98-0.911.00.780.870.960.980.240.540.950.960.940.840.550.931.00.950.350.131.0
0.560.540.410.710.580.46-0.760.510.710.510.640.44-0.250.520.560.640.620.610.190.520.510.64-0.090.680.52
0.650.630.410.440.710.54-0.550.620.380.830.570.54-0.110.240.580.570.810.40.270.610.610.680.610.140.66
0.830.80.710.440.80.72-0.750.791.00.530.830.720.370.570.910.830.830.610.510.80.790.91-0.220.410.78
0.940.930.580.710.80.89-0.850.920.750.830.950.890.020.350.90.950.920.720.680.90.920.920.330.270.93
0.970.980.460.540.720.89-0.90.980.690.860.941.00.230.50.90.940.870.870.570.920.990.880.40.060.98
-0.9-0.91-0.76-0.55-0.75-0.85-0.9-0.9-0.74-0.85-0.9-0.890.03-0.48-0.83-0.9-0.86-0.95-0.52-0.89-0.9-0.86-0.32-0.25-0.9
1.01.00.510.620.790.920.98-0.90.770.870.940.980.260.520.960.940.930.850.560.931.00.950.360.071.0
0.80.780.710.381.00.750.69-0.740.770.480.80.690.40.580.90.80.790.610.480.780.760.89-0.280.390.76
0.870.870.510.830.530.830.86-0.850.870.480.810.86-0.070.430.740.810.880.790.370.80.870.80.70.10.89
0.950.960.640.570.830.950.94-0.90.940.80.810.940.120.530.91.00.880.790.590.910.950.910.240.370.95
0.970.980.440.540.720.891.0-0.890.980.690.860.940.250.490.90.940.870.860.570.920.990.880.40.050.98
0.260.24-0.25-0.110.370.020.230.030.260.4-0.070.120.250.430.380.120.20.01-0.030.210.260.29-0.33-0.290.24
0.540.540.520.240.570.350.5-0.480.520.580.430.530.490.430.550.530.520.38-0.320.310.530.57-0.070.430.52
0.970.950.560.580.910.90.9-0.830.960.90.740.90.90.380.550.90.940.750.550.890.950.990.120.130.95
0.950.960.640.570.830.950.94-0.90.940.80.811.00.940.120.530.90.880.790.590.910.950.910.240.370.95
0.960.940.620.810.830.920.87-0.860.930.790.880.880.870.20.520.940.880.740.470.880.930.980.350.170.95
0.830.840.610.40.610.720.87-0.950.850.610.790.790.860.010.380.750.790.740.510.840.850.750.370.00.84
0.550.550.190.270.510.680.57-0.520.560.480.370.590.57-0.03-0.320.550.590.470.510.750.550.510.09-0.060.55
0.930.930.520.610.80.90.92-0.890.930.780.80.910.920.210.310.890.910.880.840.750.930.890.270.10.93
1.01.00.510.610.790.920.99-0.91.00.760.870.950.990.260.530.950.950.930.850.550.930.940.360.091.0
0.970.950.640.680.910.920.88-0.860.950.890.80.910.880.290.570.990.910.980.750.510.890.940.180.210.95
0.320.35-0.090.61-0.220.330.4-0.320.36-0.280.70.240.4-0.33-0.070.120.240.350.370.090.270.360.18-0.330.39
0.140.130.680.140.410.270.06-0.250.070.390.10.370.05-0.290.430.130.370.170.0-0.060.10.090.21-0.330.1
1.01.00.520.660.780.930.98-0.91.00.760.890.950.980.240.520.950.950.950.840.550.931.00.950.390.1
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Vulcan Steel Account Relationship Matchups

Vulcan Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets556.3M580.8M717.3M1.0B906.4M705.6M
Short Long Term Debt Total294.9M323.8M411.9M649.7M590.2M389.0M
Other Current Liab18.6M11.9M42.2M24.1M20.7M25.5M
Total Current Liabilities126.4M184.2M190.2M191.2M169.4M183.2M
Total Stockholder Equity135.0M85.9M167.1M185.9M172.1M156.5M
Net Tangible Assets120.8M140.8M172.5M170.9M196.5M154.1M
Property Plant And Equipment Net237.7M230.2M213.6M347.2M350.4M235.4M
Net Debt280.7M313.6M351.0M629.4M566.1M366.5M
Retained Earnings120.6M69.2M141.8M163.6M147.8M135.7M
Accounts Payable95.2M147.0M135.4M142.8M123.5M128.7M
Cash14.2M10.2M21.7M20.3M24.1M15.6M
Non Current Assets Total257.2M250.7M230.7M370.9M373.1M257.8M
Non Currrent Assets Other5.4M1.430.98.6M2.9M3.3M
Long Term Debt124.3M80M190.3M360M299.9M191.5M
Cash And Short Term Investments14.2M10.2M21.7M20.3M24.1M15.6M
Net Receivables95.7M119.2M141.6M169.3M143.4M136.9M
Good Will11.6M11.6M10.6M12.0M12.0M12.2M
Long Term Debt Total294.9M261.6M399.2M627.1M721.1M757.2M
Liabilities And Stockholders Equity556.3M580.8M717.3M1.0B906.4M705.6M
Non Current Liabilities Total294.9M310.7M360.1M627.1M565.0M364.2M
Inventory189.2M191.0M318.6M437.7M360.6M290.9M
Other Current Assets40K22.5M4.7M5.9M5.2M6.4M
Other Stockholder Equity2.6M(5.7M)16.0M(2.2M)2.01.9
Total Liab421.3M494.9M550.2M818.3M734.4M547.3M
Total Current Assets299.1M330.1M486.6M633.3M533.3M447.8M
Accumulated Other Comprehensive Income2.6M4.7M14.5M10.3M12.3M8.0M
Cash And Equivalents14.2M10.2M24.0M20.3M23.4M14.3M
Short Term Debt12.7M12.2M12.6M22.7M25.2M19.8M
Intangible Assets2.5M13.3M920.8K3.0M1.4M1.3M
Common Stock11.9M12.0M10.8M12.0M13.8M12.7M
Property Plant Equipment237.7M230.8M236.9M347.2M399.3M215.6M

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