State Depreciation And Amortization vs Property Plant Equipment Analysis

0L9G Stock   98.55  0.11  0.11%   
State Street financial indicator trend analysis is much more than just breaking down State Street Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether State Street Corp is a good investment. Please check the relationship between State Street Depreciation And Amortization and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in State Street 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 Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of State Street Corp Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between State Street's Depreciation And Amortization and Property Plant Equipment is 0.3. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of State Street Corp, assuming nothing else is changed. The correlation between historical values of State Street's Depreciation And Amortization and Property Plant Equipment 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 State Street Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., State Street's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant Equipment

Most indicators from State Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into State Street 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 State Street 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.
Selling General Administrative is likely to drop to about 1.6 B in 2024. Tax Provision is likely to drop to about 407.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit12.1B12.1B17.6B12.7B
Total Revenue11.2B12.8B11.9B12.2B

State Street fundamental ratios Correlations

0.550.820.750.680.820.570.570.23-0.180.570.73-0.760.73-0.361.00.73-0.69-0.360.71-0.370.89-0.14-0.530.870.88
0.550.720.660.860.770.310.2-0.280.010.310.63-0.770.44-0.220.530.92-0.61-0.120.92-0.490.69-0.25-0.440.480.48
0.820.720.830.660.860.670.23-0.14-0.10.670.92-0.810.52-0.290.80.88-0.52-0.310.79-0.610.94-0.41-0.760.770.74
0.750.660.830.730.930.690.430.02-0.310.690.89-0.850.6-0.380.740.86-0.68-0.360.81-0.80.83-0.29-0.50.780.75
0.680.860.660.730.820.230.610.18-0.060.230.59-0.870.79-0.520.670.84-0.8-0.180.91-0.550.66-0.1-0.360.480.49
0.820.770.860.930.820.650.490.05-0.270.650.87-0.910.67-0.470.810.93-0.78-0.340.87-0.70.89-0.29-0.410.810.8
0.570.310.670.690.230.650.08-0.18-0.241.00.84-0.440.230.120.550.61-0.16-0.260.44-0.560.74-0.19-0.350.690.68
0.570.20.230.430.610.490.080.85-0.280.080.23-0.580.92-0.590.590.27-0.67-0.30.32-0.260.29-0.02-0.060.390.39
0.23-0.28-0.140.020.180.05-0.180.85-0.36-0.18-0.14-0.220.66-0.480.26-0.22-0.37-0.38-0.15-0.04-0.090.040.120.080.08
-0.180.01-0.1-0.31-0.06-0.27-0.24-0.28-0.36-0.24-0.250.44-0.090.26-0.18-0.110.410.91-0.140.52-0.210.03-0.03-0.44-0.43
0.570.310.670.690.230.651.00.08-0.18-0.240.84-0.440.230.120.550.61-0.16-0.260.44-0.560.74-0.19-0.350.690.68
0.730.630.920.890.590.870.840.23-0.14-0.250.84-0.770.46-0.220.70.85-0.42-0.360.75-0.760.89-0.28-0.610.740.72
-0.76-0.77-0.81-0.85-0.87-0.91-0.44-0.58-0.220.44-0.44-0.77-0.720.58-0.74-0.860.840.56-0.860.77-0.810.30.49-0.71-0.69
0.730.440.520.60.790.670.230.920.66-0.090.230.46-0.72-0.580.740.52-0.72-0.220.55-0.370.53-0.14-0.30.480.48
-0.36-0.22-0.29-0.38-0.52-0.470.12-0.59-0.480.260.12-0.220.58-0.58-0.36-0.270.670.31-0.350.33-0.30.070.13-0.31-0.31
1.00.530.80.740.670.810.550.590.26-0.180.550.7-0.740.74-0.360.71-0.69-0.360.69-0.350.88-0.12-0.50.870.88
0.730.920.880.860.840.930.610.27-0.22-0.110.610.85-0.860.52-0.270.71-0.65-0.20.95-0.660.88-0.26-0.510.70.7
-0.69-0.61-0.52-0.68-0.8-0.78-0.16-0.67-0.370.41-0.16-0.420.84-0.720.67-0.69-0.650.48-0.720.51-0.60.180.13-0.65-0.66
-0.36-0.12-0.31-0.36-0.18-0.34-0.26-0.3-0.380.91-0.26-0.360.56-0.220.31-0.36-0.20.48-0.260.54-0.380.150.21-0.51-0.5
0.710.920.790.810.910.870.440.32-0.15-0.140.440.75-0.860.55-0.350.690.95-0.72-0.26-0.630.82-0.05-0.430.620.64
-0.37-0.49-0.61-0.8-0.55-0.7-0.56-0.26-0.040.52-0.56-0.760.77-0.370.33-0.35-0.660.510.54-0.63-0.570.280.29-0.43-0.39
0.890.690.940.830.660.890.740.29-0.09-0.210.740.89-0.810.53-0.30.880.88-0.6-0.380.82-0.57-0.2-0.610.880.88
-0.14-0.25-0.41-0.29-0.1-0.29-0.19-0.020.040.03-0.19-0.280.3-0.140.07-0.12-0.260.180.15-0.050.28-0.20.42-0.25-0.14
-0.53-0.44-0.76-0.5-0.36-0.41-0.35-0.060.12-0.03-0.35-0.610.49-0.30.13-0.5-0.510.130.21-0.430.29-0.610.42-0.48-0.42
0.870.480.770.780.480.810.690.390.08-0.440.690.74-0.710.48-0.310.870.7-0.65-0.510.62-0.430.88-0.25-0.480.99
0.880.480.740.750.490.80.680.390.08-0.430.680.72-0.690.48-0.310.880.7-0.66-0.50.64-0.390.88-0.14-0.420.99
Click cells to compare fundamentals

State Street Account Relationship Matchups

State Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets245.6B314.7B314.6B301.5B297.3B291.9B
Total Current Liabilities37.9B58.6B58.4B52.3B39.3B39.9B
Total Stockholder Equity24.4B26.2B27.4B25.2B23.8B25.5B
Property Plant And Equipment Net3.1B2.9B2.8B2.8B3.2B2.6B
Net Debt12.2B18.6B12.2B14.9B13.7B12.0B
Retained Earnings21.9B23.4B25.2B27.0B28.0B21.9B
Cash3.3B3.5B3.6B4.0B4.0B3.1B
Non Current Assets Total147.7B167.7B173.9B168.5B293.2B198.1B
Non Currrent Assets Other58.2B29.2B47.8B43.0B184.1B193.3B
Other Assets229.6B298.9B298.8B285.6B(124.6B)(118.4B)
Cash And Short Term Investments3.3B3.5B3.6B4.0B4.0B3.1B
Good Will7.6B7.7B7.6B7.5B7.6B7.4B
Common Stock Shares Outstanding373.7M357.1M358.0M370.1M326.6M314.7M
Non Current Liabilities Total183.3B229.9B228.9B224B234.1B209.0B
Other Stockholder Equity(77M)(404M)778M(606M)(4.3B)(4.1B)
Total Liab221.2B288.5B287.3B276.3B273.5B266.3B
Total Current Assets97.9B147.0B140.7B132.9B128.7B86.0B
Intangible Assets2.0B1.8B1.8B1.5B1.3B1.5B
Short Long Term Debt Total15.5B22.1B15.9B18.9B17.7B16.5B
Liabilities And Stockholders Equity245.6B314.7B314.6B301.5B297.3B296.2B
Accumulated Other Comprehensive Income(876M)187M(1.1B)(3.7B)(2.4B)(2.2B)
Other Current Liab34.0B49.4B56.5B46.8B39.3B37.7B
Other Current Assets97.9B147.0B140.7B132.9B128.7B127.8B
Short Term Debt3.9B9.1B1.9B5.5B6.8B4.4B
Other Liab98M73M45M172M154.8M88.1M
Net Tangible Assets11.9B14.2B16.0B14.2B16.3B14.5B
Accounts Payable181.9B239.8B255.0B235.5B270.8B234.2B
Long Term Debt11.1B10.7B12.2B13.5B15.5B12.9B
Net Receivables3.5B3.4B3.3B3.3B3.8B2.6B
Capital Surpluse10.1B10.1B10.2B10.8B12.4B11.2B
Treasury Stock(8.7B)(10.2B)(10.6B)(10.0B)(9.0B)(9.5B)
Property Plant Equipment3.1B2.9B2.8B2.8B3.2B2.9B
Earning Assets191.1B190.9B256.8B226.0B259.9B232.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for State Stock Analysis

When running State Street's price analysis, check to measure State Street's 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 State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.