Steel Common Stock vs Short Long Term Debt Total Analysis
STLD Stock | USD 134.95 1.98 1.45% |
Steel Dynamics financial indicator trend analysis is much more than just breaking down Steel Dynamics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steel Dynamics is a good investment. Please check the relationship between Steel Dynamics Common Stock and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.
Common Stock vs Short Long Term Debt Total
Common Stock vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Dynamics Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Steel Dynamics' Common Stock and Short Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Steel Dynamics, assuming nothing else is changed. The correlation between historical values of Steel Dynamics' Common Stock and Short Long Term Debt 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 Common Stock of Steel Dynamics are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Steel Dynamics' Common Stock and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Short Long Term Debt Total
Most indicators from Steel Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steel Dynamics 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 Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.At present, Steel Dynamics' Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.1B | 1.0B | 588.6M | 348.9M | Cost Of Revenue | 13.0B | 16.1B | 14.7B | 15.5B |
Steel Dynamics fundamental ratios Correlations
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Steel Dynamics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Steel Dynamics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 9.3B | 12.5B | 14.2B | 15.0B | 15.7B | |
Short Long Term Debt Total | 2.7B | 3.1B | 3.1B | 3.1B | 3.2B | 1.9B | |
Other Current Liab | 404.0M | 402.4M | 849.6M | 957.7M | 757.5M | 795.3M | |
Total Current Liabilities | 1.0B | 1.3B | 2.2B | 2.0B | 2.3B | 2.4B | |
Total Stockholder Equity | 4.1B | 4.3B | 6.3B | 8.1B | 8.9B | 9.3B | |
Property Plant And Equipment Net | 3.1B | 4.1B | 4.8B | 5.4B | 6.9B | 7.2B | |
Net Debt | 1.4B | 1.7B | 1.9B | 1.4B | 1.8B | 1.4B | |
Retained Earnings | 4.4B | 4.8B | 7.8B | 11.4B | 13.5B | 14.2B | |
Accounts Payable | 513.3M | 769.5M | 1.3B | 1.0B | 1.1B | 1.1B | |
Cash | 1.4B | 1.4B | 1.2B | 1.6B | 1.4B | 1.5B | |
Non Current Assets Total | 4.0B | 5.0B | 5.6B | 6.5B | 8.2B | 8.6B | |
Non Currrent Assets Other | 106.0M | 119.7M | 129.6M | (515.9M) | 518.0M | 543.9M | |
Cash And Short Term Investments | 1.6B | 1.4B | 1.2B | 2.3B | 2.1B | 2.2B | |
Net Receivables | 844.3M | 971.9M | 1.9B | 2.1B | 1.6B | 1.7B | |
Common Stock Shares Outstanding | 220.7M | 212.3M | 206.6M | 184.6M | 167.4M | 228.0M | |
Liabilities And Stockholders Equity | 8.3B | 9.3B | 12.5B | 14.2B | 15.0B | 15.7B | |
Non Current Liabilities Total | 3.2B | 3.7B | 4.0B | 4.0B | 3.8B | 2.2B | |
Inventory | 1.7B | 1.8B | 3.5B | 3.1B | 2.9B | 3.0B | |
Other Current Assets | 76.0M | 74.4M | 209.6M | 195.4M | 162.8M | 170.9M | |
Other Stockholder Equity | (344.1M) | (416.4M) | (1.5B) | (3.2B) | (4.7B) | (4.4B) | |
Total Liab | 4.2B | 4.9B | 6.2B | 6.1B | 6.1B | 6.5B | |
Total Current Assets | 4.3B | 4.3B | 6.9B | 7.6B | 6.8B | 7.1B | |
Short Term Debt | 89.4M | 86.9M | 97.2M | 57.3M | 481.0M | 505.0M | |
Property Plant And Equipment Gross | 3.1B | 4.1B | 8.3B | 9.2B | 10.9B | 11.5B | |
Accumulated Other Comprehensive Income | (7K) | 1.9M | (2.1M) | 889K | 421K | 442.1K | |
Common Stock | 646K | 648K | 649K | 650K | 651K | 651.2K | |
Other Assets | 30.9M | 119.7M | 129.6M | 268.1M | 308.3M | 323.7M | |
Long Term Debt | 2.6B | 3.0B | 3.0B | 3.0B | 2.6B | 2.0B | |
Treasury Stock | (1.2B) | (1.5B) | (1.6B) | (2.7B) | (2.4B) | (2.3B) | |
Property Plant Equipment | 3.1B | 4.1B | 4.8B | 5.5B | 6.3B | 6.6B | |
Other Liab | 501.3M | 642.8M | 975.0M | 926.8M | 1.1B | 1.1B | |
Good Will | 452.9M | 457.2M | 453.8M | 502.1M | 477.5M | 432.6M | |
Intangible Assets | 327.9M | 324.6M | 295.3M | 267.5M | 257.8M | 282.4M | |
Net Tangible Assets | 3.4B | 3.7B | 5.6B | 7.4B | 8.5B | 8.9B | |
Noncontrolling Interest In Consolidated Entity | (159.1M) | (154.6M) | (155.6M) | (195.9M) | (176.3M) | (167.5M) | |
Retained Earnings Total Equity | 4.0B | 4.4B | 4.8B | 7.8B | 8.9B | 9.4B | |
Long Term Debt Total | 2.4B | 2.6B | 3.0B | 3.0B | 3.5B | 2.7B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Steel Dynamics' price analysis, check to measure Steel Dynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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Is Steel Dynamics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.735 | Earnings Share 14.61 | Revenue Per Share 113.864 | Quarterly Revenue Growth (0.04) |
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.