Stanley Non Current Assets Total vs Net Debt Analysis
0L9E Stock | 89.79 0.27 0.30% |
Stanley Black financial indicator trend analysis is much more than just breaking down Stanley Black Decker prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stanley Black Decker is a good investment. Please check the relationship between Stanley Black Non Current Assets Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Stanley Black Decker. 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stanley Black Decker Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stanley Black's Non Current Assets Total and Net Debt is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Stanley Black Decker, assuming nothing else is changed. The correlation between historical values of Stanley Black's Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Stanley Black Decker are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Stanley Black's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Stanley Black's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stanley Black Decker 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 Stanley Black Decker. 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. Selling General Administrative is likely to gain to about 2.9 B in 2024. Tax Provision is likely to gain to about 262 M in 2024
2016 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.3B | 4.1B | 4.1B | 4.8B | Total Revenue | 11.4B | 16.9B | 15.8B | 14.3B |
Stanley Black fundamental ratios Correlations
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Stanley Black Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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