Becton Long Term Investments vs Accounts Payable Analysis

BDX Stock  USD 225.45  3.06  1.38%   
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Long Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson 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 unemployment.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Becton Dickinson's Long Term Investments and Accounts Payable is -0.85. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Becton Dickinson and are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Becton Dickinson's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Becton Dickinson balance sheet that represents investments Becton Dickinson intends to hold for over a year. Becton Dickinson and long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Becton Dickinson obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Becton Dickinson are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson 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 Becton Dickinson 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 unemployment.
At this time, Becton Dickinson's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 172.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (39.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit8.5B8.2B9.2B9.6B
Total Revenue18.9B19.4B20.2B21.2B

Becton Dickinson fundamental ratios Correlations

0.950.850.940.980.940.930.760.040.990.32-0.010.950.390.960.920.630.860.980.790.550.70.960.920.540.74
0.950.750.870.870.860.890.730.220.910.350.170.90.250.990.830.430.760.990.650.670.690.920.790.540.64
0.850.750.860.890.830.770.7-0.050.840.48-0.080.890.370.730.890.60.960.790.870.460.620.750.90.340.86
0.940.870.860.930.920.930.83-0.150.940.27-0.180.950.280.850.970.670.880.910.880.430.840.890.930.510.79
0.980.870.890.930.940.890.74-0.040.980.3-0.090.930.460.890.940.720.890.920.850.480.660.910.960.480.79
0.940.860.830.920.940.840.910.020.910.360.00.970.180.860.970.620.790.90.860.580.620.830.890.70.74
0.930.890.770.930.890.840.68-0.240.960.29-0.290.890.360.90.860.570.810.930.690.280.830.980.830.460.64
0.760.730.70.830.740.910.680.10.710.280.10.89-0.190.70.90.490.620.750.790.630.60.630.720.80.64
0.040.22-0.05-0.15-0.040.02-0.240.1-0.130.11.0-0.02-0.230.18-0.08-0.31-0.120.11-0.110.81-0.32-0.12-0.090.19-0.02
0.990.910.840.940.980.910.960.71-0.130.29-0.180.920.450.930.910.670.860.960.780.40.730.980.920.480.72
0.320.350.480.270.30.360.290.280.10.290.10.440.020.330.34-0.260.460.330.320.290.030.270.310.110.42
-0.010.17-0.08-0.18-0.090.0-0.290.11.0-0.180.1-0.04-0.280.13-0.11-0.33-0.160.06-0.130.8-0.35-0.17-0.130.2-0.03
0.950.90.890.950.930.970.890.89-0.020.920.44-0.040.170.880.970.550.860.930.850.560.710.870.90.620.79
0.390.250.370.280.460.180.36-0.19-0.230.450.02-0.280.170.30.220.410.50.310.3-0.150.170.430.48-0.270.47
0.960.990.730.850.890.860.90.70.180.930.330.130.880.30.810.460.740.990.620.620.630.950.790.560.61
0.920.830.890.970.940.970.860.9-0.080.910.34-0.110.970.220.810.660.870.880.920.50.730.820.940.580.82
0.630.430.60.670.720.620.570.49-0.310.67-0.26-0.330.550.410.460.660.560.530.660.10.590.590.690.350.51
0.860.760.960.880.890.790.810.62-0.120.860.46-0.160.860.50.740.870.560.80.850.380.680.790.930.20.88
0.980.990.790.910.920.90.930.750.110.960.330.060.930.310.990.880.530.80.70.590.70.960.850.560.67
0.790.650.870.880.850.860.690.79-0.110.780.32-0.130.850.30.620.920.660.850.70.430.590.630.940.410.84
0.550.670.460.430.480.580.280.630.810.40.290.80.56-0.150.620.50.10.380.590.430.160.360.440.520.43
0.70.690.620.840.660.620.830.6-0.320.730.03-0.350.710.170.630.730.590.680.70.590.160.750.650.320.54
0.960.920.750.890.910.830.980.63-0.120.980.27-0.170.870.430.950.820.590.790.960.630.360.750.820.460.61
0.920.790.90.930.960.890.830.72-0.090.920.31-0.130.90.480.790.940.690.930.850.940.440.650.820.370.85
0.540.540.340.510.480.70.460.80.190.480.110.20.62-0.270.560.580.350.20.560.410.520.320.460.370.38
0.740.640.860.790.790.740.640.64-0.020.720.42-0.030.790.470.610.820.510.880.670.840.430.540.610.850.38
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Becton Dickinson Account Relationship Matchups

Becton Dickinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.0B53.9B52.9B52.8B57.3B60.2B
Short Long Term Debt Total17.9B17.6B16.1B15.9B20.1B21.1B
Other Current Liab3.6B4.2B3.8B3.7B6.8B7.1B
Total Current Liabilities5.8B6.6B7.8B6.6B8.9B9.4B
Total Stockholder Equity23.8B23.7B25.3B25.8B25.9B27.2B
Property Plant And Equipment Net5.9B6.4B6.0B7.1B6.8B7.2B
Net Debt15.1B15.3B15.1B14.5B18.3B19.2B
Retained Earnings12.8B13.8B15.2B15.5B17.9B18.8B
Cash2.8B2.3B1.0B1.4B1.9B1.2B
Non Current Assets Total45.0B45.0B44.8B44.1B46.8B49.2B
Non Currrent Assets Other1.7B2.0B(3.4B)1.6B2.6B2.7B
Cash And Short Term Investments2.8B2.3B1.0B1.4B2.3B1.4B
Net Receivables2.4B2.4B2.2B2.5B3.0B3.2B
Common Stock Shares Outstanding282.4M292.1M287.4M288.4M291.0M215.4M
Liabilities And Stockholders Equity54.0B53.9B52.9B52.8B57.3B60.2B
Non Current Liabilities Total24.4B23.6B19.8B20.3B22.4B23.5B
Inventory2.7B2.9B3.2B3.3B3.8B4.0B
Other Current Assets983M1.5B3.3B1.4B1.3B1.4B
Other Stockholder Equity13.1B11.6B11.2B11.4B25.9B27.2B
Total Liab30.2B30.2B27.6B27.0B31.4B32.9B
Property Plant And Equipment Gross5.9B12.9B12.4B13.6B15.6B16.4B
Total Current Assets9.0B8.8B8.1B8.7B10.5B11.0B
Accumulated Other Comprehensive Income(2.5B)(2.1B)(1.5B)(1.5B)(1.4B)(1.4B)
Short Term Debt706M500M2.2B1.1B2.2B2.3B
Intangible Assets13.8B12.8B12.3B10.9B12.6B13.2B
Accounts Payable1.4B1.7B1.7B1.6B1.9B2.0B
Short Term Investments30M20M12M8M445M229.6M
Other Liab6.9B6.5B5.9B5.2B6.0B6.3B
Long Term Debt17.2B17.1B13.9B14.7B16.9B17.8B
Good Will23.6B23.9B24.6B24.5B28.2B29.6B
Treasury Stock(6.2B)(6.1B)(7.7B)(8.3B)(7.5B)(7.9B)
Property Plant Equipment5.9B6.4B6.0B6.6B7.5B4.0B
Current Deferred Revenue(1.1B)(1.4B)(1.8B)(1.6B)(1.5B)(1.4B)
Net Tangible Assets(13.7B)(13.0B)(11.6B)(9.7B)(8.7B)(9.1B)
Long Term Debt Total17.2B17.1B13.9B14.7B16.9B13.8B

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