FTV Stock | | | USD 78.42 1.47 1.91% |
Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Net Interest Income and its Total Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive 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 estimate.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Net Interest Income vs Total Revenue
Net Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fortive Corp Net Interest Income account and
Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fortive Corp's Net Interest Income and Total Revenue is 0.12. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Net Interest Income 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 Net Interest Income of Fortive 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 Net Interest Income i.e., Fortive Corp's Net Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Total Revenue
Total revenue comprises all receipts Fortive 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 Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive 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 estimate.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Tax Provision is likely to climb to about 145.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.9
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 3.0B | 3.4B | 3.6B | 3.4B | Total Revenue | 5.3B | 5.8B | 6.1B | 4.8B |
Fortive Corp fundamental ratios Correlations
Click cells to compare fundamentals
Fortive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortive Corp fundamental ratios Accounts
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Additional Tools for Fortive Stock Analysis
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