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 Total Revenue and its Net Interest Income accounts. Check out
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Total Revenue vs Net Interest Income
Total Revenue vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vulcan Steel Total Revenue account and
Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Vulcan Steel's Total Revenue and Net Interest Income is -0.81. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Interest Income 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 Revenue and Net Interest Income 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 Revenue of Vulcan Steel are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Revenue i.e., Vulcan Steel's Total Revenue and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Vulcan Steel generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 |
Vulcan Steel fundamental ratios Correlations
Click cells to compare fundamentals
Vulcan Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vulcan Steel fundamental ratios Accounts
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