FMC Depreciation And Amortization vs Total Current Assets Analysis

0IK3 Stock   58.68  0.30  0.51%   
FMC Corp financial indicator trend analysis is much more than just examining FMC Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FMC Corp is a good investment. Please check the relationship between FMC Corp Depreciation And Amortization and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FMC Corp. 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.

Depreciation And Amortization vs Total Current Assets

Depreciation And Amortization vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FMC Corp Depreciation And Amortization account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between FMC Corp's Depreciation And Amortization and Total Current Assets is 0.7. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of FMC Corp, assuming nothing else is changed. The correlation between historical values of FMC Corp's Depreciation And Amortization and Total 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 Depreciation And Amortization of FMC Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Depreciation And Amortization i.e., FMC Corp's Depreciation And Amortization and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from FMC Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FMC Corp 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 FMC Corp. 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.
Tax Provision is likely to gain to about 182.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 665.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.0B5.8B4.5B4.3B
Depreciation And Amortization160.6M166.4M251.2M162.9M

FMC Corp fundamental ratios Correlations

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0.90.750.830.84-0.040.850.630.660.930.75-0.520.660.930.88-0.530.950.73-0.19-0.530.910.870.87-0.290.840.22
0.950.910.910.98-0.090.850.70.730.910.48-0.510.730.940.9-0.580.820.94-0.32-0.780.90.950.83-0.40.920.54
0.830.90.880.690.030.630.70.920.760.32-0.490.920.810.85-0.420.750.8-0.25-0.590.860.860.81-0.060.770.12
0.810.870.830.70.10.660.730.920.740.33-0.461.00.790.8-0.460.740.8-0.4-0.670.840.860.76-0.110.810.05
0.990.870.890.93-0.130.930.910.760.740.59-0.570.740.940.98-0.510.970.82-0.22-0.560.980.920.97-0.280.930.34
0.530.390.560.44-0.310.750.480.320.330.59-0.040.330.640.48-0.340.630.270.31-0.210.560.550.46-0.120.35-0.01
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0.810.870.830.70.10.660.730.921.00.740.33-0.460.790.8-0.460.740.8-0.4-0.670.840.860.76-0.110.810.05
0.960.90.960.91-0.080.930.940.810.790.940.64-0.560.790.94-0.590.910.88-0.26-0.680.960.980.9-0.30.870.34
0.990.920.920.92-0.070.880.90.850.80.980.48-0.610.80.94-0.490.940.87-0.29-0.590.990.940.98-0.240.940.34
-0.54-0.52-0.54-0.530.24-0.53-0.58-0.42-0.46-0.51-0.340.42-0.46-0.59-0.49-0.5-0.530.330.83-0.54-0.59-0.450.89-0.56-0.21
0.930.80.810.82-0.150.950.820.750.740.970.63-0.510.740.910.94-0.50.72-0.26-0.490.960.860.96-0.220.880.1
0.90.930.910.920.150.730.940.80.80.820.27-0.610.80.880.87-0.530.72-0.4-0.810.860.940.79-0.340.90.54
-0.26-0.22-0.14-0.28-0.23-0.19-0.32-0.25-0.4-0.220.310.56-0.4-0.26-0.290.33-0.26-0.40.41-0.25-0.28-0.330.21-0.380.0
-0.66-0.75-0.7-0.690.04-0.53-0.78-0.59-0.67-0.56-0.210.35-0.67-0.68-0.590.83-0.49-0.810.41-0.62-0.76-0.490.68-0.7-0.38
0.990.930.940.91-0.080.910.90.860.840.980.56-0.560.840.960.99-0.540.960.86-0.25-0.620.960.97-0.260.940.27
0.960.960.980.92-0.010.870.950.860.860.920.55-0.550.860.980.94-0.590.860.94-0.28-0.760.960.87-0.310.90.39
0.950.850.840.86-0.090.870.830.810.760.970.46-0.620.760.90.98-0.450.960.79-0.33-0.490.970.87-0.190.910.23
-0.31-0.25-0.26-0.390.22-0.29-0.4-0.06-0.11-0.28-0.120.33-0.11-0.3-0.240.89-0.22-0.340.210.68-0.26-0.31-0.19-0.37-0.39
0.960.90.860.930.030.840.920.770.810.930.35-0.590.810.870.94-0.560.880.9-0.38-0.70.940.90.91-0.370.37
0.390.380.420.610.040.220.540.120.050.34-0.01-0.410.050.340.34-0.210.10.540.0-0.380.270.390.23-0.390.37
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FMC Corp Account Relationship Matchups

FMC Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.2B10.7B11.2B11.9B9.2B
Other Current Liab1.5B1.4B1.9B1.9B1.7B1.3B
Total Current Liabilities2.7B2.8B3.5B3.8B3.4B2.7B
Total Stockholder Equity2.5B3.0B3.1B3.4B4.4B2.8B
Property Plant And Equipment Net922.7M919M952.2M973.4M1.0B750.2M
Net Debt3.1B2.9B2.8B2.9B3.8B2.6B
Retained Earnings4.2B4.5B5.1B5.6B6.6B4.5B
Accounts Payable900.1M946.7M1.1B1.3B602.4M763.1M
Cash339.1M568.9M516.8M572M302.4M290.5M
Non Current Assets Total5.8B5.8B5.6B5.7B6.8B5.0B
Non Currrent Assets Other265.5M275.8M254M197.9M244.4M197.3M
Cash And Short Term Investments339.1M568.9M516.8M572M302.4M290.5M
Net Receivables2.2B2.3B2.6B2.9B2.7B2.3B
Good Will1.5B1.5B1.5B1.6B1.6B1.1B
Common Stock Shares Outstanding132.0M130.6M129.1M126.7M125.5M106.1M
Non Current Liabilities Total4.6B4.4B4.0B4.0B4.1B3.6B
Inventory1.0B1.1B1.5B1.7B1.7B1.1B
Other Current Assets487.5M241.2M427.7M225.8M318.4M318.5M
Other Stockholder Equity(1.3B)(1.3B)(1.7B)(1.7B)(1.8B)(1.9B)
Total Liab7.3B7.2B7.5B7.8B7.5B6.4B
Total Current Assets4.1B4.4B5.1B5.4B5.1B4.2B
Intangible Assets2.7B2.8B2.7B2.6B2.6B2.0B
Short Long Term Debt Total3.5B3.4B3.3B3.4B4.1B3.1B
Liabilities And Stockholders Equity9.9B10.2B10.7B11.2B11.9B9.6B
Accumulated Other Comprehensive Income(412M)(282.2M)(325.5M)(459.6M)(406.5M)(426.8M)
Short Term Debt259.2M363.9M464.3M562.8M958.4M520.2M
Current Deferred Revenue492.7M347.1M630.7M680.5M(124.4M)(118.2M)
Long Term Debt3.0B2.1B3.0B2.9B3.4B2.8B
Capital Surpluse450.7M776.2M829.7M860.2M989.2M733.8M
Treasury Stock(1.5B)(1.7B)(2.1B)(2.1B)(1.9B)(2.0B)
Property Plant Equipment922.7M919M952.2M973.4M1.1B956.6M
Other Liab1.4B1.3B1.1B1.1B998.1M1.0B
Net Tangible Assets(1.7B)(1.3B)(1.1B)(852.5M)(980.4M)(1.0B)

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