Eaton Research Development vs Selling General Administrative Analysis

0Y3K Stock   375.34  0.56  0.15%   
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 Research Development and its Selling General Administrative 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.

Research Development vs Selling General Administrative

Research Development vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton Corp PLC Research Development account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eaton Corp's Research Development and Selling General Administrative is -0.51. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative 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 Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Eaton Corp PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Eaton Corp's Research Development and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Selling General Administrative

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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