Elbit Net Debt vs Common Stock Analysis

ESLT Stock  USD 248.83  0.16  0.06%   
Elbit Systems financial indicator trend analysis is much more than just examining Elbit Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elbit Systems is a good investment. Please check the relationship between Elbit Systems Net Debt and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

Net Debt vs Common Stock

Net Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elbit Systems Net Debt account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Elbit Systems' Net Debt and Common Stock is 0.57. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Elbit Systems, assuming nothing else is changed. The correlation between historical values of Elbit Systems' Net Debt and Common Stock 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 Debt of Elbit Systems are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Debt i.e., Elbit Systems' Net Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock

Most indicators from Elbit Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elbit Systems 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 11.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 189.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.5B1.6B
Total Revenue5.3B5.5B6.1B6.4B

Elbit Systems fundamental ratios Correlations

0.960.850.990.980.980.950.980.980.460.990.330.250.980.640.790.960.910.881.01.00.790.690.820.850.46
0.960.850.950.910.980.990.890.920.440.970.230.260.920.60.810.920.910.880.970.950.760.650.790.740.55
0.850.850.870.830.850.850.810.840.260.820.040.120.810.430.550.890.840.630.850.870.760.490.580.650.36
0.990.950.870.980.980.940.970.990.370.970.250.160.970.570.710.980.920.830.990.990.840.630.760.850.37
0.980.910.830.980.950.91.00.980.440.960.330.240.980.640.710.960.90.850.970.990.820.70.760.860.35
0.980.980.850.980.950.980.940.960.380.970.180.170.950.550.750.960.930.870.980.980.820.610.770.770.42
0.950.990.850.940.90.980.870.920.320.950.180.150.90.520.770.920.920.840.960.940.780.570.750.720.51
0.980.890.810.971.00.940.870.980.450.960.370.250.980.640.710.940.870.840.960.980.80.70.780.880.34
0.980.920.840.990.980.960.920.980.340.960.270.10.980.540.690.940.880.830.970.980.860.60.770.870.28
0.460.440.260.370.440.380.320.450.340.490.490.90.440.820.660.320.250.620.460.430.140.810.660.40.52
0.990.970.820.970.960.970.950.960.960.490.390.280.980.660.830.920.880.91.00.980.760.710.860.860.52
0.330.230.040.250.330.180.180.370.270.490.390.460.380.530.50.150.090.320.330.28-0.030.550.520.60.46
0.250.260.120.160.240.170.150.250.10.90.280.460.20.790.460.160.120.390.250.23-0.020.770.420.20.53
0.980.920.810.970.980.950.90.980.980.440.980.380.20.590.770.920.860.870.980.980.770.650.830.870.37
0.640.60.430.570.640.550.520.640.540.820.660.530.790.590.660.560.480.70.630.610.380.990.670.630.56
0.790.810.550.710.710.750.770.710.690.660.830.50.460.770.660.620.650.910.810.740.360.670.960.640.75
0.960.920.890.980.960.960.920.940.940.320.920.150.160.920.560.620.950.770.950.970.840.620.650.780.36
0.910.910.840.920.90.930.920.870.880.250.880.090.120.860.480.650.950.770.910.930.720.520.610.630.47
0.880.880.630.830.850.870.840.840.830.620.90.320.390.870.70.910.770.770.880.860.590.720.920.680.52
1.00.970.850.990.970.980.960.960.970.461.00.330.250.980.630.810.950.910.880.990.770.680.830.840.5
1.00.950.870.990.990.980.940.980.980.430.980.280.230.980.610.740.970.930.860.990.810.670.780.830.41
0.790.760.760.840.820.820.780.80.860.140.76-0.03-0.020.770.380.360.840.720.590.770.810.440.490.73-0.07
0.690.650.490.630.70.610.570.70.60.810.710.550.770.650.990.670.620.520.720.680.670.440.680.680.55
0.820.790.580.760.760.770.750.780.770.660.860.520.420.830.670.960.650.610.920.830.780.490.680.760.56
0.850.740.650.850.860.770.720.880.870.40.860.60.20.870.630.640.780.630.680.840.830.730.680.760.27
0.460.550.360.370.350.420.510.340.280.520.520.460.530.370.560.750.360.470.520.50.41-0.070.550.560.27
Click cells to compare fundamentals

Elbit Systems Account Relationship Matchups

Elbit Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B8.1B9.3B9.2B9.7B10.1B
Short Long Term Debt Total1.2B1.2B1.5B1.3B1.5B1.5B
Other Current Liab1.1B1.2B2.8B1.1B2.8B2.9B
Total Current Liabilities3.2B3.6B4.0B4.3B4.8B5.1B
Total Stockholder Equity2.1B2.2B2.5B2.8B2.9B3.1B
Property Plant And Equipment Net1.1B1.2B1.3B1.4B1.5B1.6B
Net Debt1.0B924.4M1.2B1.1B1.3B1.3B
Retained Earnings1.9B2.0B2.2B2.4B2.5B2.6B
Accounts Payable926.3M1.0B1.0B1.1B1.3B1.3B
Cash221.1M278.8M259.0M211.1M197.4M170.1M
Non Current Assets Total3.7B3.8B4.3B4.2B4.2B4.4B
Non Currrent Assets Other546.3M605.8M617.3M601.8M223.2M387.7M
Cash And Short Term Investments223.3M280.3M260.2M212.1M207.9M201.3M
Net Receivables2.2B2.5B2.8B2.7B2.7B2.9B
Common Stock Shares Outstanding43.8M44.2M44.3M44.6M44.6M43.3M
Liabilities And Stockholders Equity7.3B8.1B9.3B9.2B9.7B10.1B
Non Current Liabilities Total2.0B2.2B2.7B2.2B2.0B1.1B
Inventory1.2B1.3B1.7B1.9B2.3B2.4B
Other Current Assets162.9M131.5M255.4M298.7M285.4M299.6M
Other Stockholder Equity411.6M415.7M421.0M431.4M439.9M273.2M
Total Liab5.2B5.8B6.8B6.5B6.7B7.1B
Total Current Assets3.7B4.3B5.0B5.0B5.5B5.7B
Short Term Debt470.8M396.5M183.1M261.0M719.3M755.2M
Accumulated Other Comprehensive Income(145.0M)(211.2M)(97.9M)(71.6M)(17.6M)(18.5M)
Other Liab1.2B1.4B1.5B1.2B1.3B674.8M
Other Assets692.4M775.6M682.5M727.4M836.5M878.3M
Long Term Debt440.1M408.8M884.9M680.1M384.1M399.6M
Good Will1.3B1.3B1.6B1.5B1.5B1.6B
Intangible Assets310.8M290.8M473.9M435.1M390.5M237.3M
Property Plant Equipment1.1B1.2B1.3B1.4B1.6B1.6B
Current Deferred Revenue723.6M1.0B1.5B1.8B1.6B1.7B
Short Term Investments2.2M1.5M1.2M1.0M10.5M10.0M
Property Plant And Equipment Gross1.1B1.2B1.3B1.4B3.0B3.1B
Net Tangible Assets505.5M621.1M512.0M820.0M943.0M719.0M
Long Term Investments212.1M195.6M316.1M272.1M152.5M217.4M
Short Long Term Debt408.3M331.0M106.4M191.6M651.9M684.5M

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Additional Tools for Elbit Stock Analysis

When running Elbit Systems' price analysis, check to measure Elbit Systems' 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 Elbit Systems is operating at the current time. Most of Elbit Systems' value examination focuses on studying past and present price action to predict the probability of Elbit Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elbit Systems' price. Additionally, you may evaluate how the addition of Elbit Systems to your portfolios can decrease your overall portfolio volatility.