BDX Stock | | | USD 221.90 0.08 0.04% |
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 Pfcf Ratio and its Capex To Revenue 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.
Pfcf Ratio vs Capex To Revenue
Pfcf Ratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Becton Dickinson Pfcf Ratio account and
Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Becton Dickinson's Pfcf Ratio and Capex To Revenue is -0.86. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Capex To Revenue 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 Pfcf Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Becton Dickinson and are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Pfcf Ratio i.e., Becton Dickinson's Pfcf Ratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Pfcf Ratio
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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).
Becton Dickinson fundamental ratios Correlations
Click cells to compare fundamentals
Becton Dickinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becton Dickinson fundamental ratios Accounts
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