Eaton Net Debt vs Net Receivables 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 Net Debt and its Net Receivables 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.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Corp PLC Net Debt account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eaton Corp's Net Debt and Net Receivables is 0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables 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 Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Eaton Corp PLC are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Eaton Corp's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Net Receivables

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
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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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