Vulcan Total Cash From Operating Activities vs Total Current Liabilities Analysis

VSL Stock   7.63  0.38  5.24%   
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 Total Cash From Operating Activities and its Total Current Liabilities 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.

Total Cash From Operating Activities vs Total Current Liabilities

Total Cash From Operating Activities vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vulcan Steel Total Cash From Operating Activities account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
Total Cash From Operating ActivitiesTotal Current LiabilitiesDiversified AwayTotal Cash From Operating ActivitiesTotal Current LiabilitiesDiversified Away100%
The correlation between Vulcan Steel's Total Cash From Operating Activities and Total Current Liabilities is 0.43. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Liabilities 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 Total Cash From Operating Activities and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Vulcan Steel are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Cash From Operating Activities i.e., Vulcan Steel's Total Cash From Operating Activities and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Cash From Operating Activities

Total Current Liabilities

Total Current Liabilities is an item on Vulcan Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vulcan Steel are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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Additional Tools for Vulcan Stock Analysis

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