Steel Short Term Investments vs Retained Earnings Analysis

STLD Stock

USD 134.04 1.01 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 Short Term Investments and its Retained Earnings 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.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Steel Dynamics Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Steel Dynamics' Short Term Investments and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings 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' Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Steel Dynamics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Steel Dynamics' Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Steel Dynamics balance sheet. It contains any investments Steel Dynamics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Steel Dynamics can easily liquidate in the marketplace.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

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?

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What is Steel Dynamics' Net Worth?

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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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

14.64

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 Short Term Investments vs Retained Earnings Analysis

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Short Term Investments

Retained Earnings

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

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COMMON DESTINATIONS

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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