Steel Other Stockholder Equity vs Total Assets Analysis

STLD Stock  USD 133.93  1.02  0.76%   
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 Other Stockholder Equity and its Total Assets 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.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Dynamics Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Steel Dynamics' Other Stockholder Equity and Total Assets is -0.8. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets 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' Other Stockholder Equity and Total Assets 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 Stockholder Equity of Steel Dynamics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Steel Dynamics' Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of Steel Dynamics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Steel Dynamics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expenses1.1B1.0B588.6M348.9M
Cost Of Revenue13.0B16.1B14.7B15.5B

Steel Dynamics fundamental ratios Correlations

0.610.950.970.990.980.280.960.950.860.980.250.910.95-0.050.650.960.9-0.80.970.980.480.960.710.640.85
0.610.550.510.50.540.760.380.580.60.58-0.060.490.620.350.990.630.5-0.160.750.610.060.420.820.840.29
0.950.550.940.950.890.150.910.950.850.870.030.880.99-0.170.630.980.97-0.80.910.990.310.930.570.530.77
0.970.510.940.960.930.220.940.970.780.930.30.840.94-0.140.560.950.89-0.830.930.950.590.950.640.550.86
0.990.50.950.960.980.150.990.930.850.960.260.930.92-0.160.550.930.9-0.860.910.970.50.980.660.540.88
0.980.540.890.930.980.260.960.910.820.990.370.90.88-0.080.580.90.86-0.80.930.930.530.970.70.580.87
0.280.760.150.220.150.260.050.260.050.350.13-0.010.280.620.710.310.090.20.480.210.140.120.610.70.13
0.960.380.910.940.990.960.050.890.80.940.310.910.88-0.270.440.880.87-0.910.850.930.550.980.580.420.92
0.950.580.950.970.930.910.260.890.810.90.240.810.96-0.120.640.980.93-0.780.940.960.420.920.610.550.78
0.860.60.850.780.850.820.050.80.810.780.050.960.8-0.060.640.810.83-0.680.830.890.210.770.610.60.59
0.980.580.870.930.960.990.350.940.90.780.390.860.870.00.60.890.81-0.770.940.910.580.950.750.640.89
0.25-0.060.030.30.260.370.130.310.240.050.390.130.020.05-0.120.140.04-0.280.220.110.660.310.330.110.32
0.910.490.880.840.930.9-0.010.910.810.960.860.130.82-0.170.530.820.84-0.820.830.920.360.860.60.520.74
0.950.620.990.940.920.880.280.880.960.80.870.020.82-0.070.690.990.95-0.730.930.980.330.90.610.60.76
-0.050.35-0.17-0.14-0.16-0.080.62-0.27-0.12-0.060.00.05-0.17-0.070.27-0.04-0.190.560.12-0.1-0.04-0.250.310.66-0.28
0.650.990.630.560.550.580.710.440.640.640.6-0.120.530.690.270.70.59-0.230.790.670.00.480.780.80.34
0.960.630.980.950.930.90.310.880.980.810.890.140.820.99-0.040.70.95-0.730.950.980.350.910.650.620.74
0.90.50.970.890.90.860.090.870.930.830.810.040.840.95-0.190.590.95-0.730.860.950.210.90.510.450.68
-0.8-0.16-0.8-0.83-0.86-0.80.2-0.91-0.78-0.68-0.77-0.28-0.82-0.730.56-0.23-0.73-0.73-0.65-0.79-0.5-0.87-0.34-0.11-0.84
0.970.750.910.930.910.930.480.850.940.830.940.220.830.930.120.790.950.86-0.650.950.420.880.760.760.76
0.980.610.990.950.970.930.210.930.960.890.910.110.920.98-0.10.670.980.95-0.790.950.360.930.650.610.78
0.480.060.310.590.50.530.140.550.420.210.580.660.360.33-0.040.00.350.21-0.50.420.360.520.440.260.68
0.960.420.930.950.980.970.120.980.920.770.950.310.860.9-0.250.480.910.9-0.870.880.930.520.580.420.91
0.710.820.570.640.660.70.610.580.610.610.750.330.60.610.310.780.650.51-0.340.760.650.440.580.850.52
0.640.840.530.550.540.580.70.420.550.60.640.110.520.60.660.80.620.45-0.110.760.610.260.420.850.34
0.850.290.770.860.880.870.130.920.780.590.890.320.740.76-0.280.340.740.68-0.840.760.780.680.910.520.34
Click cells to compare fundamentals

Steel Dynamics Account Relationship Matchups

Steel Dynamics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B9.3B12.5B14.2B15.0B15.7B
Short Long Term Debt Total2.7B3.1B3.1B3.1B3.2B1.9B
Other Current Liab404.0M402.4M849.6M957.7M757.5M795.3M
Total Current Liabilities1.0B1.3B2.2B2.0B2.3B2.4B
Total Stockholder Equity4.1B4.3B6.3B8.1B8.9B9.3B
Property Plant And Equipment Net3.1B4.1B4.8B5.4B6.9B7.2B
Net Debt1.4B1.7B1.9B1.4B1.8B1.4B
Retained Earnings4.4B4.8B7.8B11.4B13.5B14.2B
Accounts Payable513.3M769.5M1.3B1.0B1.1B1.1B
Cash1.4B1.4B1.2B1.6B1.4B1.5B
Non Current Assets Total4.0B5.0B5.6B6.5B8.2B8.6B
Non Currrent Assets Other106.0M119.7M129.6M(515.9M)518.0M543.9M
Cash And Short Term Investments1.6B1.4B1.2B2.3B2.1B2.2B
Net Receivables844.3M971.9M1.9B2.1B1.6B1.7B
Common Stock Shares Outstanding220.7M212.3M206.6M184.6M167.4M228.0M
Liabilities And Stockholders Equity8.3B9.3B12.5B14.2B15.0B15.7B
Non Current Liabilities Total3.2B3.7B4.0B4.0B3.8B2.2B
Inventory1.7B1.8B3.5B3.1B2.9B3.0B
Other Current Assets76.0M74.4M209.6M195.4M162.8M170.9M
Other Stockholder Equity(344.1M)(416.4M)(1.5B)(3.2B)(4.7B)(4.4B)
Total Liab4.2B4.9B6.2B6.1B6.1B6.5B
Total Current Assets4.3B4.3B6.9B7.6B6.8B7.1B
Short Term Debt89.4M86.9M97.2M57.3M481.0M505.0M
Property Plant And Equipment Gross3.1B4.1B8.3B9.2B10.9B11.5B
Accumulated Other Comprehensive Income(7K)1.9M(2.1M)889K421K442.1K
Common Stock646K648K649K650K651K651.2K
Other Assets30.9M119.7M129.6M268.1M308.3M323.7M
Long Term Debt2.6B3.0B3.0B3.0B2.6B2.0B
Treasury Stock(1.2B)(1.5B)(1.6B)(2.7B)(2.4B)(2.3B)
Property Plant Equipment3.1B4.1B4.8B5.5B6.3B6.6B
Other Liab501.3M642.8M975.0M926.8M1.1B1.1B
Good Will452.9M457.2M453.8M502.1M477.5M432.6M
Intangible Assets327.9M324.6M295.3M267.5M257.8M282.4M
Net Tangible Assets3.4B3.7B5.6B7.4B8.5B8.9B
Noncontrolling Interest In Consolidated Entity(159.1M)(154.6M)(155.6M)(195.9M)(176.3M)(167.5M)
Retained Earnings Total Equity4.0B4.4B4.8B7.8B8.9B9.4B
Long Term Debt Total2.4B2.6B3.0B3.0B3.5B2.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.