Eaton Intangible Assets vs Total Assets Analysis

0Y3K Stock   379.12  3.22  0.86%   
Eaton Corp financial indicator trend analysis is much more than just examining Eaton Corp PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton Corp PLC is a good investment. Please check the relationship between Eaton Corp Intangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eaton Corp PLC. 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.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Corp PLC Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eaton Corp's Intangible Assets and Total Assets is 0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Eaton Corp PLC, assuming nothing else is changed. The correlation between historical values of Eaton Corp's Intangible Assets and Total 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 Intangible Assets of Eaton Corp PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Eaton Corp's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Eaton Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Eaton Corp PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Eaton Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton Corp PLC 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 Eaton Corp PLC. 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 drop to about 479.8 M in 2024. Selling General Administrative is likely to drop to about 2.7 B in 2024
 2021 2022 2023 2024 (projected)
Total Revenue19.6B20.8B23.2B22.6B
Depreciation And Amortization922M954M926M985.1M

Eaton Corp fundamental ratios Correlations

0.470.560.550.83-0.270.090.520.270.87-0.390.350.740.470.9-0.610.710.030.47-0.06-0.20.570.650.33-0.170.89
0.470.11-0.340.18-0.87-0.6-0.080.190.23-0.920.55-0.03-0.220.28-0.67-0.08-0.23-0.170.15-0.840.890.030.670.370.53
0.560.110.580.350.220.480.86-0.270.480.120.060.450.480.59-0.410.56-0.10.73-0.090.350.180.62-0.25-0.590.45
0.55-0.340.580.580.520.840.81-0.060.540.460.060.650.880.58-0.020.710.190.84-0.290.59-0.180.75-0.38-0.710.25
0.830.180.350.58-0.060.280.410.220.71-0.160.290.720.530.7-0.380.70.160.5-0.03-0.030.340.670.13-0.20.77
-0.27-0.870.220.52-0.060.740.44-0.23-0.110.99-0.620.080.35-0.130.620.150.480.45-0.040.95-0.660.28-0.72-0.53-0.32
0.09-0.60.480.840.280.740.73-0.370.080.72-0.080.340.810.140.230.460.130.82-0.280.81-0.490.58-0.72-0.78-0.18
0.52-0.080.860.810.410.440.73-0.360.50.340.070.360.750.59-0.210.490.110.95-0.240.540.030.68-0.37-0.740.31
0.270.19-0.27-0.060.22-0.23-0.37-0.360.22-0.24-0.190.32-0.120.080.230.070.46-0.390.11-0.410.420.110.570.550.35
0.870.230.480.540.71-0.110.080.50.22-0.220.110.590.460.98-0.410.560.080.46-0.35-0.090.380.350.4-0.080.82
-0.39-0.920.120.46-0.160.990.720.34-0.24-0.22-0.590.010.31-0.240.670.080.410.37-0.050.95-0.750.19-0.76-0.52-0.46
0.350.550.060.060.29-0.62-0.080.07-0.190.11-0.590.070.110.21-0.690.12-0.560.140.05-0.440.310.140.13-0.220.13
0.74-0.030.450.650.720.080.340.360.320.590.010.070.490.6-0.330.97-0.010.340.080.170.050.74-0.09-0.340.59
0.47-0.220.480.880.530.350.810.75-0.120.460.310.110.490.51-0.020.560.070.87-0.540.43-0.120.6-0.27-0.540.16
0.90.280.590.580.7-0.130.140.590.080.98-0.240.210.60.51-0.540.61-0.060.56-0.33-0.050.370.410.3-0.20.8
-0.61-0.67-0.41-0.02-0.380.620.23-0.210.23-0.410.67-0.69-0.33-0.02-0.54-0.410.65-0.14-0.180.39-0.4-0.22-0.170.2-0.54
0.71-0.080.560.710.70.150.460.490.070.560.080.120.970.560.61-0.41-0.120.470.060.28-0.040.77-0.24-0.510.53
0.03-0.23-0.10.190.160.480.130.110.460.080.41-0.56-0.010.07-0.060.65-0.120.080.120.220.180.270.080.160.15
0.47-0.170.730.840.50.450.820.95-0.390.460.370.140.340.870.56-0.140.470.08-0.380.55-0.060.63-0.4-0.710.24
-0.060.15-0.09-0.29-0.03-0.04-0.28-0.240.11-0.35-0.050.050.08-0.54-0.33-0.180.060.12-0.38-0.010.070.27-0.26-0.120.06
-0.2-0.840.350.59-0.030.950.810.54-0.41-0.090.95-0.440.170.43-0.050.390.280.220.55-0.01-0.740.35-0.86-0.74-0.32
0.570.890.18-0.180.34-0.66-0.490.030.420.38-0.750.310.05-0.120.37-0.4-0.040.18-0.060.07-0.740.170.760.450.68
0.650.030.620.750.670.280.580.680.110.350.190.140.740.60.41-0.220.770.270.630.270.350.17-0.34-0.610.46
0.330.67-0.25-0.380.13-0.72-0.72-0.370.570.4-0.760.13-0.09-0.270.3-0.17-0.240.08-0.4-0.26-0.860.76-0.340.810.49
-0.170.37-0.59-0.71-0.2-0.53-0.78-0.740.55-0.08-0.52-0.22-0.34-0.54-0.20.2-0.510.16-0.71-0.12-0.740.45-0.610.810.12
0.890.530.450.250.77-0.32-0.180.310.350.82-0.460.130.590.160.8-0.540.530.150.240.06-0.320.680.460.490.12
Click cells to compare fundamentals

Eaton Corp Account Relationship Matchups

Eaton Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.8B31.8B34.0B35.0B38.4B36.9B
Other Current Liab2.4B2.7B2.5B2.8B2.8B2.0B
Total Current Liabilities5.1B5.9B7.2B6.4B7.7B6.3B
Total Stockholder Equity16.1B14.9B16.4B17.0B19.0B17.8B
Property Plant And Equipment Net3.9B3.4B3.5B3.7B4.2B4.0B
Net Debt8.4B8.1B8.7B8.9B9.5B8.3B
Retained Earnings8.2B6.8B7.6B8.5B10.3B8.5B
Accounts Payable2.1B2.0B2.8B3.1B3.4B2.5B
Cash370M438M297M294M488M387.7M
Non Current Assets Total24.1B22.6B26.5B26.3B26.8B27.5B
Non Currrent Assets Other1.6B953M1.2B1.2B1.2B1.3B
Other Assets2.0B1.4B1.6B1.5B1.7B1.7B
Cash And Short Term Investments591M1.1B568M555M2.6B2.7B
Net Receivables3.5B3.0B3.5B4.3B4.8B4.1B
Good Will13.5B12.9B14.8B14.8B15.0B15.3B
Common Stock Shares Outstanding420.8M404M401.6M400.8M401.1M342.7M
Short Term Investments221M664M271M261M2.1B2.2B
Non Current Liabilities Total11.5B11.0B10.4B11.6B11.6B8.9B
Inventory2.8B2.1B3.0B3.4B3.7B3.0B
Other Current Assets1.8B3.0B468M452M563M1.0B
Other Stockholder Equity12.2B12.3B12.4B12.5B12.6B13.0B
Total Liab16.7B16.9B17.6B17.9B19.4B13.8B
Total Current Assets8.7B9.2B7.5B8.7B11.7B9.2B
Intangible Assets4.6B4.2B5.9B5.5B5.1B4.5B
Short Long Term Debt Total8.8B8.5B9.0B9.2B9.9B9.6B
Liabilities And Stockholders Equity32.8B31.8B34.0B35.0B38.4B36.6B
Accumulated Other Comprehensive Income(4.3B)(4.2B)(3.6B)(3.9B)(3.9B)(4.1B)
Short Term Debt624M1.2B1.9B461M1.2B1.0B
Other Liab3.3B3.5B3.1B2.8B2.5B2.5B
Net Tangible Assets(2.0B)(2.1B)(4.2B)(3.2B)(2.9B)(3.1B)
Long Term Debt6.8B7.8B7.0B6.8B6.1B5.7B
Property Plant Equipment3.9B3.4B3.5B3.7B4.3B3.9B

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