0Y3K Stock | | | 371.61 0.88 0.24% |
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 Inventory and its Total Liab 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.
Inventory vs Total Liab
Inventory vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Corp PLC Inventory account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eaton Corp's Inventory and Total Liab is -0.06. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab 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 Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Eaton Corp PLC are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., Eaton Corp's Inventory and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
Eaton Corp fundamental ratios Correlations
Click cells to compare fundamentals
Eaton Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton Corp fundamental ratios Accounts
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Additional Tools for Eaton Stock Analysis
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measure Eaton Corp'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 Eaton Corp is operating at the current time. Most of Eaton Corp's value examination focuses on studying past and present price action to
predict the probability of Eaton Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Corp's price. Additionally, you may evaluate how the addition of Eaton Corp to your portfolios can decrease your overall portfolio volatility.