0Y3K Stock | | | 375.09 2.60 0.70% |
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 Property Plant Equipment and its Depreciation And Amortization 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.
Property Plant Equipment vs Depreciation And Amortization
Property Plant Equipment vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eaton Corp PLC Property Plant Equipment account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eaton Corp's Property Plant Equipment and Depreciation And Amortization is 0.28. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Eaton Corp PLC are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Eaton Corp's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
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.
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 Revenue | 19.6B | 20.8B | 23.2B | 22.6B | Depreciation And Amortization | 922M | 954M | 926M | 985.1M |
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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