Carrier Ebitda vs Total Revenue Analysis

CARR Stock

USD 77.00 0.99 1.30%

Carrier Global financial indicator trend analysis is way more than just evaluating Carrier Global Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carrier Global Corp is a good investment. Please check the relationship between Carrier Global Ebitda and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ebitda vs Total Revenue

Ebitda vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carrier Global Corp Ebitda account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Carrier Global's Ebitda and Total Revenue is -0.68. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Carrier Global Corp, assuming nothing else is changed. The correlation between historical values of Carrier Global's Ebitda and Total 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 Ebitda of Carrier Global Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebitda i.e., Carrier Global's Ebitda and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Ebitda

Total Revenue

Total revenue comprises all receipts Carrier Global Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Carrier Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carrier Global Corp 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 Carrier Global Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of 11/22/2024, Tax Provision is likely to grow to about 715 M. Also, Selling General Administrative is likely to grow to about 3 B

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	338M	380M	542M	475.2M
Interest Income	13M	83M	109M	61.9M

Depreciation And Amortization Interest Income

Carrier Global fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Non Current Liabilities Total
Other Current Liab		0.93	-0.77	-0.82	0.69	-0.05	0.23	-0.26	0.61	0.8	0.91	0.82	-0.85	0.67	0.84	-0.83	0.85	-0.59	0.84	0.69	-0.44	-0.75	0.69	-0.59	-0.85	0.88
Total Current Liabilities	0.93		-0.8	-0.87	0.89	-0.18	0.04	-0.32	0.83	0.84	0.85	0.92	-0.92	0.65	0.93	-0.87	0.85	-0.69	0.86	0.79	-0.54	-0.9	0.79	-0.67	-0.92	0.94
Other Liab	-0.77	-0.8		0.69	-0.61	0.15	0.33	0.73	-0.54	-0.95	-0.64	-0.7	0.75	-0.52	-0.79	0.72	-0.7	0.9	-0.66	-0.86	0.85	0.69	-0.86	0.88	0.75	-0.71
Net Tangible Assets	-0.82	-0.87	0.69		-0.77	-0.28	-0.25	0.33	-0.77	-0.63	-0.95	-0.75	0.99	-0.5	-0.82	0.99	-0.88	0.44	-0.98	-0.71	0.35	0.69	-0.71	0.48	0.99	-0.96
Accounts Payable	0.69	0.89	-0.61	-0.77		-0.33	0.0	-0.35	0.97	0.65	0.65	0.83	-0.82	0.59	0.85	-0.73	0.74	-0.64	0.7	0.75	-0.49	-0.93	0.75	-0.6	-0.82	0.82
Other Assets	-0.05	-0.18	0.15	-0.28	-0.33		0.43	0.11	-0.26	-0.29	0.29	-0.18	-0.16	-0.21	-0.1	-0.27	0.09	0.53	0.3	-0.11	0.37	0.49	-0.11	0.31	-0.16	0.14
Net Receivables	0.23	0.04	0.33	-0.25	0.0	0.43		0.42	0.06	-0.4	0.43	-0.08	-0.17	0.24	-0.06	-0.22	0.35	0.49	0.32	-0.29	0.69	0.05	-0.29	0.52	-0.17	0.17
Common Stock Shares Outstanding	-0.26	-0.32	0.73	0.33	-0.35	0.11	0.42		-0.29	-0.57	-0.2	-0.26	0.38	-0.34	-0.44	0.33	-0.4	0.76	-0.22	-0.74	0.8	0.33	-0.74	0.78	0.38	-0.29
Inventory	0.61	0.83	-0.54	-0.77	0.97	-0.26	0.06	-0.29		0.53	0.64	0.73	-0.81	0.55	0.76	-0.75	0.75	-0.56	0.72	0.64	-0.36	-0.91	0.64	-0.46	-0.81	0.79
Other Current Assets	0.8	0.84	-0.95	-0.63	0.65	-0.29	-0.4	-0.57	0.53		0.59	0.81	-0.71	0.5	0.84	-0.65	0.6	-0.88	0.59	0.85	-0.87	-0.73	0.85	-0.9	-0.71	0.72
Other Stockholder Equity	0.91	0.85	-0.64	-0.95	0.65	0.29	0.43	-0.2	0.64	0.59		0.7	-0.93	0.53	0.75	-0.95	0.88	-0.37	0.97	0.59	-0.23	-0.64	0.59	-0.38	-0.94	0.92
Total Current Assets	0.82	0.92	-0.7	-0.75	0.83	-0.18	-0.08	-0.26	0.73	0.81	0.7		-0.8	0.69	0.97	-0.71	0.74	-0.58	0.7	0.84	-0.56	-0.75	0.84	-0.74	-0.8	0.89
Common Stock	-0.85	-0.92	0.75	0.99	-0.82	-0.16	-0.17	0.38	-0.81	-0.71	-0.93	-0.8		-0.54	-0.86	0.99	-0.89	0.55	-0.97	-0.76	0.43	0.77	-0.76	0.55	1.0	-0.97
Property Plant Equipment	0.67	0.65	-0.52	-0.5	0.59	-0.21	0.24	-0.34	0.55	0.5	0.53	0.69	-0.54		0.74	-0.45	0.82	-0.46	0.47	0.65	-0.28	-0.57	0.65	-0.55	-0.54	0.62
Total Assets	0.84	0.93	-0.79	-0.82	0.85	-0.1	-0.06	-0.44	0.76	0.84	0.75	0.97	-0.86	0.74		-0.79	0.83	-0.65	0.76	0.92	-0.62	-0.76	0.92	-0.8	-0.87	0.93
Total Stockholder Equity	-0.83	-0.87	0.72	0.99	-0.73	-0.27	-0.22	0.33	-0.75	-0.65	-0.95	-0.71	0.99	-0.45	-0.79		-0.86	0.47	-0.99	-0.67	0.36	0.7	-0.67	0.46	0.99	-0.94
Property Plant And Equipment Net	0.85	0.85	-0.7	-0.88	0.74	0.09	0.35	-0.4	0.75	0.6	0.88	0.74	-0.89	0.82	0.83	-0.86		-0.51	0.87	0.72	-0.31	-0.72	0.72	-0.52	-0.89	0.89
Current Deferred Revenue	-0.59	-0.69	0.9	0.44	-0.64	0.53	0.49	0.76	-0.56	-0.88	-0.37	-0.58	0.55	-0.46	-0.65	0.47	-0.51		-0.39	-0.78	0.9	0.76	-0.78	0.87	0.55	-0.49
Net Debt	0.84	0.86	-0.66	-0.98	0.7	0.3	0.32	-0.22	0.72	0.59	0.97	0.7	-0.97	0.47	0.76	-0.99	0.87	-0.39		0.6	-0.25	-0.68	0.6	-0.37	-0.97	0.94
Cash	0.69	0.79	-0.86	-0.71	0.75	-0.11	-0.29	-0.74	0.64	0.85	0.59	0.84	-0.76	0.65	0.92	-0.67	0.72	-0.78	0.6		-0.82	-0.65	1.0	-0.94	-0.76	0.78
Non Current Assets Total	-0.44	-0.54	0.85	0.35	-0.49	0.37	0.69	0.8	-0.36	-0.87	-0.23	-0.56	0.43	-0.28	-0.62	0.36	-0.31	0.9	-0.25	-0.82		0.52	-0.82	0.94	0.43	-0.41
Non Currrent Assets Other	-0.75	-0.9	0.69	0.69	-0.93	0.49	0.05	0.33	-0.91	-0.73	-0.64	-0.75	0.77	-0.57	-0.76	0.7	-0.72	0.76	-0.68	-0.65	0.52		-0.65	0.57	0.77	-0.74
Cash And Short Term Investments	0.69	0.79	-0.86	-0.71	0.75	-0.11	-0.29	-0.74	0.64	0.85	0.59	0.84	-0.76	0.65	0.92	-0.67	0.72	-0.78	0.6	1.0	-0.82	-0.65		-0.94	-0.76	0.78
Good Will	-0.59	-0.67	0.88	0.48	-0.6	0.31	0.52	0.78	-0.46	-0.9	-0.38	-0.74	0.55	-0.55	-0.8	0.46	-0.52	0.87	-0.37	-0.94	0.94	0.57	-0.94		0.55	-0.58
Common Stock Total Equity	-0.85	-0.92	0.75	0.99	-0.82	-0.16	-0.17	0.38	-0.81	-0.71	-0.94	-0.8	1.0	-0.54	-0.87	0.99	-0.89	0.55	-0.97	-0.76	0.43	0.77	-0.76	0.55		-0.97
Non Current Liabilities Total	0.88	0.94	-0.71	-0.96	0.82	0.14	0.17	-0.29	0.79	0.72	0.92	0.89	-0.97	0.62	0.93	-0.94	0.89	-0.49	0.94	0.78	-0.41	-0.74	0.78	-0.58	-0.97

Click cells to compare fundamentals

Carrier Global Account Relationship Matchups

Carrier Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.9B	2.1B	3.1B	2.0B	2.9B	2.3B
Total Current Liabilities	4.5B	5.1B	6.6B	6.0B	6.9B	5.9B
Other Liab	2.7B	2.7B	2.4B	2.7B	2.5B	2.2B
Net Tangible Assets	3.1B	(4.9B)	(3.1B)	(3.6B)	(3.2B)	(3.0B)
Accounts Payable	1.7B	1.9B	2.3B	2.8B	2.7B	2.4B
Other Assets	1.2B	3.6B	848M	857M	771.3M	1.2B
Net Receivables	3.3B	3.4B	2.9B	3.4B	2.8B	2.5B
Common Stock Shares Outstanding	866.2M	880.2M	890.3M	861.2M	853M	696.7M
Inventory	1.3B	1.6B	2.0B	2.6B	2.2B	2.0B
Other Current Assets	327M	343M	3.5B	349M	3.8B	3.9B
Other Stockholder Equity	1.2B	5.3B	4.9B	3.6B	3.6B	3.0B
Total Current Assets	6.0B	8.5B	11.4B	9.9B	18.8B	10.5B
Property Plant Equipment	2.5B	1.8B	1.8B	2.2B	2.6B	2.1B
Total Assets	22.4B	25.1B	26.2B	26.1B	32.8B	28.3B
Total Stockholder Equity	14.1B	6.3B	6.8B	7.8B	8.7B	7.7B
Property Plant And Equipment Net	2.5B	2.6B	2.5B	2.9B	2.8B	2.7B
Current Deferred Revenue	469M	512M	415M	449M	425M	365.6M
Net Debt	(270M)	7.9B	7.2B	5.9B	4.7B	4.4B
Cash	952M	3.1B	3.0B	3.5B	10.0B	10.5B
Non Current Assets Total	16.4B	16.6B	14.8B	16.2B	14.0B	12.5B
Non Currrent Assets Other	746M	833M	285M	245M	362M	428.7M
Cash And Short Term Investments	952M	3.1B	3.0B	3.5B	10.0B	10.5B
Good Will	9.9B	10.1B	9.3B	10.0B	8.0B	7.6B
Liabilities And Stockholders Equity	22.4B	25.1B	26.2B	26.1B	32.8B	28.3B
Non Current Liabilities Total	3.5B	13.4B	12.5B	12.0B	16.9B	11.2B
Capital Lease Obligations	682M	803M	527M	529M	391M	537.5M
Total Liab	8.0B	18.5B	19.1B	18.0B	23.8B	17.4B
Net Invested Capital	14.1B	16.5B	16.5B	16.6B	23.0B	18.4B
Long Term Investments	1.7B	1.5B	1.6B	1.1B	1.1B	1.2B
Property Plant And Equipment Gross	2.5B	2.6B	2.5B	2.9B	5.0B	3.1B
Accumulated Other Comprehensive Income	(1.3B)	(745M)	(989M)	(1.7B)	(1.5B)	(1.6B)
Non Current Liabilities Other	988M	2.9B	1.7B	349M	1.6B	1.1B
Net Working Capital	1.5B	3.4B	4.8B	3.8B	11.9B	12.5B
Short Term Debt	397M	352M	183M	140M	51M	48.5M
Intangible Assets	1.1B	1.0B	509M	1.3B	1.0B	828.4M

Pair Trading with Carrier Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carrier Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carrier Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Carrier Stock

0.64

Trane Technologies plc

Pair Corr

Moving against Carrier Stock

0.54	AEHL	Antelope Enterprise	Pair Corr
0.51	AIRJW	Montana Technologies Symbol Change	Pair Corr

The ability to find closely correlated positions to Carrier Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carrier Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carrier Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carrier Global Corp to buy it.

The correlation of Carrier Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carrier Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carrier Global Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Carrier Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Carrier Stock Analysis

When running Carrier Global's price analysis, check to measure Carrier Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrier Global is operating at the current time. Most of Carrier Global's value examination focuses on studying past and present price action to predict the probability of Carrier Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier Global's price. Additionally, you may evaluate how the addition of Carrier Global to your portfolios can decrease your overall portfolio volatility.

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