Dentsply Net Receivables vs Other Current Assets Analysis

0I8F Stock   19.61  0.48  2.51%   
Dentsply Sirona financial indicator trend analysis is much more than just examining Dentsply Sirona latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dentsply Sirona is a good investment. Please check the relationship between Dentsply Sirona Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. 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.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dentsply Sirona Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dentsply Sirona's Net Receivables and Other Current Assets is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dentsply Sirona, assuming nothing else is changed. The correlation between historical values of Dentsply Sirona's Net Receivables and Other Current 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 Net Receivables of Dentsply Sirona are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Dentsply Sirona's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Dentsply Sirona's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dentsply Sirona 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. 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.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.Tax Provision is likely to drop to about 21.6 M in 2024. Selling General Administrative is likely to drop to about 1.2 B in 2024
 2021 2022 2023 2024 (projected)
Total Revenue4.2B3.9B4.0B3.9B
Depreciation And Amortization346M328M343M284.3M

Dentsply Sirona fundamental ratios Correlations

0.030.440.970.780.57-0.350.780.81.00.52-0.340.780.860.940.930.210.890.720.40.940.80.850.990.770.49
0.030.62-0.110.22-0.32-0.390.31-0.130.0-0.650.45-0.20.15-0.070.09-0.41-0.030.170.460.090.370.080.070.210.43
0.440.620.210.810.52-0.840.780.430.380.120.220.370.660.190.61-0.060.620.630.690.60.880.630.480.810.95
0.97-0.110.210.630.46-0.140.640.740.980.51-0.410.730.760.980.840.230.780.620.260.860.630.750.950.610.27
0.780.220.810.630.77-0.810.970.830.730.56-0.210.790.940.540.940.240.930.860.750.920.960.950.820.960.82
0.57-0.320.520.460.77-0.580.640.740.550.89-0.320.760.680.390.70.480.860.620.380.690.70.740.590.790.67
-0.35-0.39-0.84-0.14-0.81-0.58-0.79-0.52-0.27-0.330.01-0.47-0.67-0.04-0.64-0.15-0.61-0.73-0.82-0.57-0.76-0.7-0.41-0.77-0.79
0.780.310.780.640.970.64-0.790.820.730.46-0.240.780.940.540.940.250.880.870.80.920.930.950.830.930.73
0.8-0.130.430.740.830.74-0.520.820.770.71-0.60.980.810.650.880.370.90.640.510.880.760.880.820.840.55
1.00.00.380.980.730.55-0.270.730.770.51-0.350.760.820.970.890.20.860.670.330.910.760.80.980.720.45
0.52-0.650.120.510.560.89-0.330.460.710.51-0.550.770.570.410.610.650.730.510.220.590.420.650.520.580.29
-0.340.450.22-0.41-0.21-0.320.01-0.24-0.6-0.35-0.55-0.63-0.31-0.35-0.36-0.51-0.38-0.02-0.07-0.33-0.1-0.35-0.35-0.190.12
0.78-0.20.370.730.790.76-0.470.780.980.760.77-0.630.780.640.860.510.890.640.490.850.710.870.790.810.49
0.860.150.660.760.940.68-0.670.940.810.820.57-0.310.780.670.960.310.910.860.710.940.880.970.890.880.63
0.94-0.070.190.980.540.39-0.040.540.650.970.41-0.350.640.670.750.130.720.480.110.780.60.640.90.540.27
0.930.090.610.840.940.7-0.640.940.880.890.61-0.360.860.960.750.30.950.870.670.990.890.980.950.910.63
0.21-0.41-0.060.230.240.48-0.150.250.370.20.65-0.510.510.310.130.30.380.270.20.260.140.390.230.23-0.02
0.89-0.030.620.780.930.86-0.610.880.90.860.73-0.380.890.910.720.950.380.780.540.950.90.940.90.920.72
0.720.170.630.620.860.62-0.730.870.640.670.51-0.020.640.860.480.870.270.780.810.860.780.910.760.840.56
0.40.460.690.260.750.38-0.820.80.510.330.22-0.070.490.710.110.670.20.540.810.640.660.760.460.740.53
0.940.090.60.860.920.69-0.570.920.880.910.59-0.330.850.940.780.990.260.950.860.640.890.960.960.90.62
0.80.370.880.630.960.7-0.760.930.760.760.42-0.10.710.880.60.890.140.90.780.660.890.870.830.950.89
0.850.080.630.750.950.74-0.70.950.880.80.65-0.350.870.970.640.980.390.940.910.760.960.870.880.930.63
0.990.070.480.950.820.59-0.410.830.820.980.52-0.350.790.890.90.950.230.90.760.460.960.830.880.790.52
0.770.210.810.610.960.79-0.770.930.840.720.58-0.190.810.880.540.910.230.920.840.740.90.950.930.790.84
0.490.430.950.270.820.67-0.790.730.550.450.290.120.490.630.270.63-0.020.720.560.530.620.890.630.520.84
Click cells to compare fundamentals

Dentsply Sirona Account Relationship Matchups

Dentsply Sirona fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.3B9.2B7.6B7.4B8.4B
Other Current Liab556.3M622M642M589M693M592.9M
Total Current Liabilities995.5M1.3B1.3B1.2B1.4B1.1B
Total Stockholder Equity5.1B5.0B5.0B3.8B3.3B4.7B
Property Plant And Equipment Net961.7M967M971M961M978M896.9M
Net Debt1.2B2.0B2.0B1.8B2.0B1.5B
Retained Earnings1.4B1.2B1.5B456M205M194.8M
Accounts Payable307.9M302M262M279M305M257.7M
Cash404.9M438M339M365M334M319.6M
Non Current Assets Total6.6B7.6B7.4B5.8B5.4B6.6B
Non Currrent Assets Other56.3M86M96M72M276M289.8M
Other Assets69M95M121M198M178.2M100.4M
Cash And Short Term Investments404.9M438M339M365M367M340.4M
Net Receivables782M667M750M632M695M673.9M
Good Will3.4B4.0B4.0B2.7B2.4B3.6B
Common Stock Shares Outstanding224.4M219.2M220.2M215.5M212M214.7M
Short Term Investments28.2M40M33M22M24M34.1M
Non Current Liabilities Total2.5B3.1B3.0B2.7B2.7B2.6B
Inventory561.7M466M515M627M624M559.3M
Other Current Assets249.4M251.3M178M245M287M225.3M
Other Stockholder Equity4.3B4.2B4.1B4.0B3.7B2.9B
Total Liab3.5B4.4B4.2B3.8B4.1B3.7B
Total Current Assets2.0B1.8B1.9B1.9B2.0B1.8B
Intangible Assets2.2B2.5B2.3B1.9B1.7B2.0B
Short Long Term Debt Total1.6B2.5B2.3B2.1B2.3B2.0B
Liabilities And Stockholders Equity8.6B9.3B9.2B7.6B7.4B8.7B
Accumulated Other Comprehensive Income(599.7M)(464M)(592M)(628M)(636M)(667.8M)
Short Term Debt46M347M232M172M378M258.1M
Current Deferred Revenue29.2M41M68M84M91M95.6M
Long Term Debt1.6B1.6B1.4B2.0B2.3B1.8B
Capital Surpluse6.5B6.5B6.6B6.6B7.6B7.2B
Treasury Stock(2.0B)(2.2B)(2.3B)(2.4B)(2.2B)(2.3B)
Property Plant Equipment870.6M961M967M966M1.1B1.0B
Other Liab949M947M924M661M594.9M751.6M
Net Tangible Assets(480M)(1.5B)(1.3B)(780M)(702M)(737.1M)

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