Air Net Income From Continuing Ops vs Depreciation And Amortization Analysis
APD Stock | USD 331.83 2.95 0.90% |
Air Products financial indicator trend analysis is way more than just evaluating Air Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Products is a good investment. Please check the relationship between Air Products Net Income From Continuing Ops and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Net Income From Continuing Ops vs Depreciation And Amortization
Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Products Net Income From Continuing Ops account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Air Products' Net Income From Continuing Ops and Depreciation And Amortization is 0.69. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Air Products and, assuming nothing else is changed. The correlation between historical values of Air Products' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Air Products and 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 Net Income From Continuing Ops i.e., Air Products' Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
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 Air Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Products 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 Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Air Products' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.35, whereas Discontinued Operations is forecasted to decline to about 6.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.4B | 3.8B | 20.3B | 21.3B | Total Revenue | 12.7B | 12.6B | 12.1B | 7.6B |
Air Products fundamental ratios Correlations
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Air Products Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Air Products fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.2B | 26.9B | 27.2B | 32.0B | 39.6B | 41.6B | |
Short Long Term Debt Total | 7.9B | 7.6B | 7.6B | 11.0B | 14.8B | 15.5B | |
Other Current Liab | 902.5M | 1.0B | 1.1B | 1.2B | 2.9B | 3.1B | |
Total Current Liabilities | 2.4B | 2.8B | 3.5B | 3.9B | 4.2B | 4.4B | |
Total Stockholder Equity | 12.1B | 13.5B | 13.1B | 14.3B | 17.0B | 17.9B | |
Property Plant And Equipment Net | 12.0B | 13.3B | 14.2B | 18.4B | 24.4B | 25.6B | |
Net Debt | 2.7B | 3.2B | 4.9B | 9.4B | 11.8B | 12.4B | |
Retained Earnings | 14.9B | 15.7B | 16.5B | 17.3B | 19.5B | 20.5B | |
Cash | 5.3B | 4.5B | 2.7B | 1.6B | 3.0B | 3.1B | |
Non Current Assets Total | 16.5B | 18.5B | 20.9B | 26.8B | 33.2B | 34.9B | |
Non Currrent Assets Other | 1.6B | 2.1B | 2.1B | 842.4M | 2.8B | 2.9B | |
Cash And Short Term Investments | 6.4B | 5.8B | 3.3B | 1.9B | 3.0B | 3.1B | |
Net Receivables | 1.8B | 2.0B | 1.9B | 2.3B | 2.8B | 1.5B | |
Good Will | 891.5M | 911.5M | 823M | 861.7M | 905.1M | 696.8M | |
Common Stock Shares Outstanding | 221.6M | 222.3M | 222.5M | 222.7M | 222.8M | 178.2M | |
Liabilities And Stockholders Equity | 25.2B | 26.9B | 27.2B | 32.0B | 39.6B | 41.6B | |
Non Current Liabilities Total | 10.3B | 10.0B | 10.0B | 12.4B | 16.7B | 17.6B | |
Inventory | 404.8M | 453.9M | 514.2M | 651.8M | 766M | 479.7M | |
Other Current Assets | 164.5M | 119.4M | 431.6M | 274.3M | 66.6M | 63.3M | |
Other Stockholder Equity | (905.2M) | (872.1M) | (839.6M) | (776.8M) | (730.9M) | (694.4M) | |
Total Liab | 12.7B | 12.8B | 13.5B | 16.3B | 20.9B | 21.9B | |
Property Plant And Equipment Gross | 12.3B | 27.5B | 28.2B | 33.7B | 41.0B | 43.0B | |
Total Current Assets | 8.7B | 8.4B | 6.3B | 5.2B | 6.4B | 6.7B | |
Accumulated Other Comprehensive Income | (2.1B) | (1.5B) | (2.8B) | (2.4B) | (2.0B) | (2.1B) | |
Short Term Debt | 548.4M | 565.5M | 649M | 969.2M | 694.9M | 566.2M | |
Intangible Assets | 435.8M | 420.7M | 347.5M | 334.6M | 311.6M | 381.1M | |
Accounts Payable | 546.2M | 736.8M | 1.1B | 1.2B | 1.5B | 1.1B | |
Current Deferred Revenue | 313.8M | 366.8M | 439.1M | 413M | 371.7M | 390.3M | |
Other Liab | 2.5B | 2.8B | 2.9B | 2.3B | 2.6B | 1.8B | |
Other Assets | 1.3B | 2.2B | 2.2B | 1.2B | 1.4B | 1.0B | |
Long Term Debt | 7.4B | 7.2B | 7.1B | 9.4B | 13.5B | 14.2B | |
Treasury Stock | (2.0B) | (2B) | (2.0B) | (2.0B) | (1.8B) | (1.9B) | |
Property Plant Equipment | 12.0B | 13.3B | 14.2B | 18.4B | 21.2B | 22.3B | |
Short Term Investments | 1.1B | 1.3B | 590.7M | 332.2M | 5M | 4.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Air Products is a strong investment it is important to analyze Air Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Industrial Gases space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Products. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.81 | Dividend Share 7.06 | Earnings Share 17.26 | Revenue Per Share 54.385 | Quarterly Revenue Growth (0) |
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Products' market value can be influenced by many factors that don't directly affect Air Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.