Steel Depreciation And Amortization vs Operating Income Analysis

STLD Stock

USD 129.65 0.47 0.36%

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 Depreciation And Amortization and its Operating Income 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.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Dynamics Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Steel Dynamics' Depreciation And Amortization and Operating Income is 0.67. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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' Depreciation And Amortization and Operating 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 Depreciation And Amortization of Steel Dynamics are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Steel Dynamics' Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from Steel Dynamics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Steel Dynamics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

Total Operating Expenses Cost Of Revenue

Steel Dynamics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.61	0.95	0.97	0.99	0.98	0.28	0.96	0.95	0.86	0.98	0.25	0.91	0.95	-0.05	0.65	0.96	0.9	-0.8	0.97	0.98	0.48	0.96	0.71	0.64	0.85
Short Long Term Debt Total	0.61		0.55	0.51	0.5	0.54	0.76	0.38	0.58	0.6	0.58	-0.06	0.49	0.62	0.35	0.99	0.63	0.5	-0.16	0.75	0.61	0.06	0.42	0.82	0.84	0.29
Other Current Liab	0.95	0.55		0.94	0.95	0.89	0.15	0.91	0.95	0.85	0.87	0.03	0.88	0.99	-0.17	0.63	0.98	0.97	-0.8	0.91	0.99	0.31	0.93	0.57	0.53	0.77
Total Current Liabilities	0.97	0.51	0.94		0.96	0.93	0.22	0.94	0.97	0.78	0.93	0.3	0.84	0.94	-0.14	0.56	0.95	0.89	-0.83	0.93	0.95	0.59	0.95	0.64	0.55	0.86
Total Stockholder Equity	0.99	0.5	0.95	0.96		0.98	0.15	0.99	0.93	0.85	0.96	0.26	0.93	0.92	-0.16	0.55	0.93	0.9	-0.86	0.91	0.97	0.5	0.98	0.66	0.54	0.88
Property Plant And Equipment Net	0.98	0.54	0.89	0.93	0.98		0.26	0.96	0.91	0.82	0.99	0.37	0.9	0.88	-0.08	0.58	0.9	0.86	-0.8	0.93	0.93	0.53	0.97	0.7	0.58	0.87
Net Debt	0.28	0.76	0.15	0.22	0.15	0.26		0.05	0.26	0.05	0.35	0.13	-0.01	0.28	0.62	0.71	0.31	0.09	0.2	0.48	0.21	0.14	0.12	0.61	0.7	0.13
Retained Earnings	0.96	0.38	0.91	0.94	0.99	0.96	0.05		0.89	0.8	0.94	0.31	0.91	0.88	-0.27	0.44	0.88	0.87	-0.91	0.85	0.93	0.55	0.98	0.58	0.42	0.92
Accounts Payable	0.95	0.58	0.95	0.97	0.93	0.91	0.26	0.89		0.81	0.9	0.24	0.81	0.96	-0.12	0.64	0.98	0.93	-0.78	0.94	0.96	0.42	0.92	0.61	0.55	0.78
Cash	0.86	0.6	0.85	0.78	0.85	0.82	0.05	0.8	0.81		0.78	0.05	0.96	0.8	-0.06	0.64	0.81	0.83	-0.68	0.83	0.89	0.21	0.77	0.61	0.6	0.59
Non Current Assets Total	0.98	0.58	0.87	0.93	0.96	0.99	0.35	0.94	0.9	0.78		0.39	0.86	0.87	0.0	0.6	0.89	0.81	-0.77	0.94	0.91	0.58	0.95	0.75	0.64	0.89
Non Currrent Assets Other	0.25	-0.06	0.03	0.3	0.26	0.37	0.13	0.31	0.24	0.05	0.39		0.13	0.02	0.05	-0.12	0.14	0.04	-0.28	0.22	0.11	0.66	0.31	0.33	0.11	0.32
Cash And Short Term Investments	0.91	0.49	0.88	0.84	0.93	0.9	-0.01	0.91	0.81	0.96	0.86	0.13		0.82	-0.17	0.53	0.82	0.84	-0.82	0.83	0.92	0.36	0.86	0.6	0.52	0.74
Net Receivables	0.95	0.62	0.99	0.94	0.92	0.88	0.28	0.88	0.96	0.8	0.87	0.02	0.82		-0.07	0.69	0.99	0.95	-0.73	0.93	0.98	0.33	0.9	0.61	0.6	0.76
Common Stock Shares Outstanding	-0.05	0.35	-0.17	-0.14	-0.16	-0.08	0.62	-0.27	-0.12	-0.06	0.0	0.05	-0.17	-0.07		0.27	-0.04	-0.19	0.56	0.12	-0.1	-0.04	-0.25	0.31	0.66	-0.28
Non Current Liabilities Total	0.65	0.99	0.63	0.56	0.55	0.58	0.71	0.44	0.64	0.64	0.6	-0.12	0.53	0.69	0.27		0.7	0.59	-0.23	0.79	0.67	0.0	0.48	0.78	0.8	0.34
Inventory	0.96	0.63	0.98	0.95	0.93	0.9	0.31	0.88	0.98	0.81	0.89	0.14	0.82	0.99	-0.04	0.7		0.95	-0.73	0.95	0.98	0.35	0.91	0.65	0.62	0.74
Other Current Assets	0.9	0.5	0.97	0.89	0.9	0.86	0.09	0.87	0.93	0.83	0.81	0.04	0.84	0.95	-0.19	0.59	0.95		-0.73	0.86	0.95	0.21	0.9	0.51	0.45	0.68
Other Stockholder Equity	-0.8	-0.16	-0.8	-0.83	-0.86	-0.8	0.2	-0.91	-0.78	-0.68	-0.77	-0.28	-0.82	-0.73	0.56	-0.23	-0.73	-0.73		-0.65	-0.79	-0.5	-0.87	-0.34	-0.11	-0.84
Total Liab	0.97	0.75	0.91	0.93	0.91	0.93	0.48	0.85	0.94	0.83	0.94	0.22	0.83	0.93	0.12	0.79	0.95	0.86	-0.65		0.95	0.42	0.88	0.76	0.76	0.76
Total Current Assets	0.98	0.61	0.99	0.95	0.97	0.93	0.21	0.93	0.96	0.89	0.91	0.11	0.92	0.98	-0.1	0.67	0.98	0.95	-0.79	0.95		0.36	0.93	0.65	0.61	0.78
Short Term Debt	0.48	0.06	0.31	0.59	0.5	0.53	0.14	0.55	0.42	0.21	0.58	0.66	0.36	0.33	-0.04	0.0	0.35	0.21	-0.5	0.42	0.36		0.52	0.44	0.26	0.68
Property Plant And Equipment Gross	0.96	0.42	0.93	0.95	0.98	0.97	0.12	0.98	0.92	0.77	0.95	0.31	0.86	0.9	-0.25	0.48	0.91	0.9	-0.87	0.88	0.93	0.52		0.58	0.42	0.91
Common Stock Total Equity	0.71	0.82	0.57	0.64	0.66	0.7	0.61	0.58	0.61	0.61	0.75	0.33	0.6	0.61	0.31	0.78	0.65	0.51	-0.34	0.76	0.65	0.44	0.58		0.85	0.52
Common Stock	0.64	0.84	0.53	0.55	0.54	0.58	0.7	0.42	0.55	0.6	0.64	0.11	0.52	0.6	0.66	0.8	0.62	0.45	-0.11	0.76	0.61	0.26	0.42	0.85		0.34
Other Assets	0.85	0.29	0.77	0.86	0.88	0.87	0.13	0.92	0.78	0.59	0.89	0.32	0.74	0.76	-0.28	0.34	0.74	0.68	-0.84	0.76	0.78	0.68	0.91	0.52	0.34

Click cells to compare fundamentals

Steel Dynamics Account Relationship Matchups

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

Steel Dynamics Investors Sentiment

The influence of Steel Dynamics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Steel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Steel Dynamics' public news can be used to forecast risks associated with an investment in Steel. The trend in average sentiment can be used to explain how an investor holding Steel can time the market purely based on public headlines and social activities around Steel Dynamics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Steel Dynamics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Steel Dynamics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Steel Dynamics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Steel Dynamics.

Steel Dynamics Implied Volatility

32.68

Steel Dynamics' implied volatility exposes the market's sentiment of Steel Dynamics stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Steel Dynamics' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Steel Dynamics stock will not fluctuate a lot when Steel Dynamics' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Steel Dynamics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Steel Dynamics' short interest history, or implied volatility extrapolated from Steel Dynamics options trading.

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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:

How To Invest In Steel

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Is Steel Stock a good investment?

Details

What is Steel Dynamics' Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.

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Steel Depreciation And Amortization vs Operating Income Analysis

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Operating Income

Steel Dynamics fundamental ratios Correlations

Steel Dynamics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Steel Dynamics fundamental ratios Accounts

Steel Dynamics Investors Sentiment

Steel Dynamics Implied Volatility

Currently Active Assets on Macroaxis

Complementary Tools for Steel Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Other Current Liab
Total Current Assets	+ 0.99	Other Current Liab
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Stockholder Equity	- 0.91	Retained Earnings
Property Plant And Equipment Gross	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Total Stockholder Equity
Other Assets	- 0.84	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Total Current Liabilities
Other Stockholder Equity	- 0.82	Cash And Short Term Investments