Church Reconciled Depreciation vs Tax Provision Analysis
CHD Stock | USD 110.36 0.02 0.02% |
Church Dwight financial indicator trend analysis is way more than just evaluating Church Dwight prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Church Dwight is a good investment. Please check the relationship between Church Dwight Reconciled Depreciation and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Church Stock refer to our How to Trade Church Stock guide.
Reconciled Depreciation vs Tax Provision
Reconciled Depreciation vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Church Dwight Reconciled Depreciation account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Church Dwight's Reconciled Depreciation and Tax Provision is -0.29. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Church Dwight, assuming nothing else is changed. The correlation between historical values of Church Dwight's Reconciled Depreciation and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Church Dwight are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Reconciled Depreciation i.e., Church Dwight's Reconciled Depreciation and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from Church Dwight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Church Dwight 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 Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Church Stock refer to our How to Trade Church Stock guide.At present, Church Dwight's Tax Provision is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 2.3B | 2.6B | 2.7B | Total Revenue | 5.2B | 5.4B | 5.9B | 6.2B |
Church Dwight fundamental ratios Correlations
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Church Dwight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Church Dwight fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.7B | 7.4B | 8.0B | 8.3B | 8.6B | 9.0B | |
Short Long Term Debt Total | 2.1B | 2.2B | 2.6B | 2.7B | 2.6B | 2.7B | |
Other Current Liab | 839.4M | 436.4M | 455.9M | 436.1M | 580.4M | 609.4M | |
Total Current Liabilities | 1.1B | 1.4B | 2.1B | 1.2B | 1.4B | 1.5B | |
Total Stockholder Equity | 2.7B | 3.0B | 3.2B | 3.5B | 3.9B | 4.0B | |
Property Plant And Equipment Net | 573M | 612.8M | 652.7M | 761.1M | 1.1B | 1.2B | |
Net Debt | 1.9B | 2.0B | 2.3B | 2.4B | 2.3B | 2.4B | |
Retained Earnings | 4.2B | 4.8B | 5.4B | 5.5B | 6.0B | 6.3B | |
Cash | 155.7M | 183.1M | 240.6M | 270.3M | 344.5M | 361.7M | |
Non Current Assets Total | 5.7B | 6.3B | 6.8B | 6.9B | 7.0B | 7.4B | |
Non Currrent Assets Other | (290.8M) | (366.9M) | (412.6M) | (439.5M) | 180M | 189M | |
Cash And Short Term Investments | 155.7M | 183.1M | 240.6M | 270.3M | 344.5M | 361.7M | |
Net Receivables | 356.4M | 398.8M | 405.5M | 422M | 526.9M | 553.2M | |
Common Stock Shares Outstanding | 252.1M | 252.2M | 249.6M | 246.3M | 247.6M | 284.1M | |
Liabilities And Stockholders Equity | 6.7B | 7.4B | 8.0B | 8.3B | 8.6B | 9.0B | |
Non Current Liabilities Total | 2.9B | 3.0B | 2.7B | 3.7B | 3.3B | 3.5B | |
Inventory | 417.4M | 495.4M | 535.4M | 646.6M | 613.3M | 644.0M | |
Other Current Assets | 26.9M | 35.1M | 51.9M | 57M | 45M | 39.4M | |
Other Stockholder Equity | (1.8B) | (2.0B) | (2.4B) | (2.3B) | (2.4B) | (2.3B) | |
Total Liab | 4.0B | 4.4B | 4.8B | 4.9B | 4.7B | 4.9B | |
Property Plant And Equipment Gross | 573M | 612.8M | 1.5B | 1.6B | 1.8B | 1.9B | |
Total Current Assets | 956.4M | 1.1B | 1.2B | 1.4B | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (66.7M) | (77.6M) | (68.2M) | (29.3M) | (27.2M) | (28.6M) | |
Short Term Debt | 252.9M | 351.4M | 952.2M | 74M | 203.8M | 165.6M | |
Intangible Assets | 2.8B | 3.1B | 3.5B | 3.4B | 3.3B | 3.5B | |
Accounts Payable | 473.3M | 588.1M | 663.8M | 666.7M | 630.6M | 662.1M | |
Other Liab | 913.6M | 1.2B | 1.1B | 920.5M | 1.1B | 1.1B | |
Other Assets | 138.1M | 351M | 332.5M | 317.5M | 365.1M | 383.4M | |
Long Term Debt | 1.8B | 1.8B | 1.6B | 2.6B | 2.2B | 2.3B | |
Treasury Stock | (2.1B) | (2.3B) | (2.7B) | (2.7B) | (2.4B) | (2.3B) | |
Property Plant Equipment | 573M | 612.8M | 652.7M | 761.1M | 875.3M | 519.5M | |
Good Will | 2.1B | 2.2B | 2.3B | 2.4B | 2.4B | 1.4B | |
Current Deferred Revenue | (473.3M) | (588.1M) | (663.8M) | 757M | 7.2M | 7.6M | |
Net Tangible Assets | (2.2B) | (2.3B) | (2.5B) | (2.4B) | (2.1B) | (2.0B) | |
Retained Earnings Total Equity | 4.2B | 4.8B | 5.4B | 5.5B | 6.4B | 3.6B |
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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 Church Dwight is a strong investment it is important to analyze Church Dwight's 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 Church Dwight's future performance. For an informed investment choice regarding Church Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Church Stock refer to our How to Trade Church Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Household Products 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 Church Dwight. If investors know Church 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 Church Dwight 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 0.112 | Dividend Share 1.121 | Earnings Share 2.23 | Revenue Per Share 24.777 | Quarterly Revenue Growth 0.038 |
The market value of Church Dwight is measured differently than its book value, which is the value of Church that is recorded on the company's balance sheet. Investors also form their own opinion of Church Dwight's value that differs from its market value or its book value, called intrinsic value, which is Church Dwight's 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 Church Dwight's market value can be influenced by many factors that don't directly affect Church Dwight's 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 Church Dwight's value and its price as these two are different measures arrived at by different means. Investors typically determine if Church Dwight is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Church Dwight's 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.