GE Aerospace Total Assets vs Good Will Analysis
GE Stock | USD 178.70 0.72 0.40% |
GE Aerospace financial indicator trend analysis is much more than just examining GE Aerospace latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Aerospace is a good investment. Please check the relationship between GE Aerospace Total Assets and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.
Total Assets vs Good Will
Total Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Aerospace Total Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GE Aerospace's Total Assets and Good Will is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of GE Aerospace, assuming nothing else is changed. The correlation between historical values of GE Aerospace's Total Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of GE Aerospace are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., GE Aerospace's Total Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of GE Aerospace assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in GE Aerospace books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from GE Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Aerospace 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.At present, GE Aerospace's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.28, whereas Discontinued Operations is forecasted to decline to (608.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.1B | 13.8B | 17.6B | 16.7B | Total Revenue | 56.5B | 76.6B | 68.0B | 113.3B |
GE Aerospace fundamental ratios Correlations
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GE Aerospace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GE Aerospace fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 266B | 253.5B | 198.9B | 188.9B | 163.0B | 154.9B | |
Short Long Term Debt Total | 158.1B | 75.1B | 35.2B | 32.3B | 22.9B | 21.8B | |
Other Current Liab | 1.7B | 34.4B | 30.8B | 19.4B | 37.9B | 39.8B | |
Total Current Liabilities | 92.6B | 56.1B | 52.0B | 49.4B | 50.9B | 48.3B | |
Total Stockholder Equity | 28.3B | 35.6B | 40.3B | 33.7B | 27.4B | 26.0B | |
Property Plant And Equipment Net | 46.2B | 44.7B | 15.6B | 12.2B | 12.5B | 11.9B | |
Net Debt | 9.2B | 38.4B | 19.4B | 10.3B | 6.0B | 5.7B | |
Retained Earnings | 87.7B | 92.2B | 85.1B | 83.0B | 86.5B | 85.6B | |
Cash | 84.9B | 36.6B | 15.8B | 15.8B | 17.0B | 16.1B | |
Non Current Assets Total | 138B | 165.0B | 132.5B | 130.5B | 103.2B | 176.1B | |
Non Currrent Assets Other | 37.6B | 30.4B | 28.3B | 44.9B | 11.7B | 11.1B | |
Cash And Short Term Investments | 84.9B | 43.9B | 28.1B | 23.4B | 22.7B | 21.5B | |
Net Receivables | 19.9B | 23.7B | 20.5B | 17.8B | 17.0B | 16.1B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
Liabilities And Stockholders Equity | 266B | 253.5B | 198.9B | 188.9B | 163.0B | 154.9B | |
Non Current Liabilities Total | 143.6B | 160.3B | 105.3B | 104.5B | 83.6B | 79.4B | |
Inventory | 14.1B | 15.9B | 15.8B | 14.9B | 16.5B | 12.0B | |
Other Stockholder Equity | (48.4B) | (47.7B) | (46.4B) | (47.0B) | (80.0B) | (76.0B) | |
Total Liab | 236.2B | 216.4B | 157.3B | 153.9B | 134.5B | 127.7B | |
Total Current Assets | 128B | 88.4B | 66.3B | 58.4B | 59.8B | 56.8B | |
Short Term Debt | 90.9B | 4.7B | 4.4B | 3.7B | 1.3B | 1.2B | |
Intangible Assets | 10.7B | 9.8B | 9.3B | 6.1B | 5.7B | 5.4B | |
Accounts Payable | 15.9B | 16.5B | 16.2B | 10.0B | 10.7B | 16.2B | |
Other Current Assets | 9.1B | 2.1B | 2.3B | 83M | 8.2B | 7.8B | |
Property Plant And Equipment Gross | 46.2B | 44.7B | 15.6B | 12.2B | 12.5B | 11.9B | |
Accumulated Other Comprehensive Income | (11.7B) | (9.7B) | 1.6B | (2.3B) | 20.8B | 21.9B | |
Good Will | 26.7B | 25.5B | 26.2B | 13.0B | 13.4B | 12.7B | |
Short Term Investments | 48.5B | 7.3B | 12.3B | 7.6B | 5.7B | 5.4B | |
Other Liab | 68.6B | 47.6B | 37.3B | 28.9B | 26.0B | 24.7B | |
Long Term Debt | 68.8B | 70.3B | 30.8B | 28.6B | 19.7B | 18.7B | |
Treasury Stock | (82.8B) | (82.0B) | (81.1B) | (81.2B) | (73.1B) | (69.4B) | |
Property Plant Equipment | 52.4B | 44.7B | 15.6B | 14.5B | 13.0B | 12.4B | |
Current Deferred Revenue | (15.9B) | 18.2B | 17.4B | 16.2B | 19.7B | 20.7B | |
Noncontrolling Interest In Consolidated Entity | 20.5B | 1.5B | 1.5B | 1.2B | 1.4B | 1.3B | |
Retained Earnings Total Equity | 93.1B | 87.7B | 92.2B | 84.7B | 97.4B | 113.6B | |
Deferred Long Term Liab | 31.7B | 29.8B | 2.6B | 16.0B | 18.4B | 19.1B | |
Net Tangible Assets | (9.1B) | 10.0B | 4.8B | 10.6B | 9.5B | 6.8B |
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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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Industrial Conglomerates 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 GE Aerospace. If investors know GE Aerospace 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 GE Aerospace 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 6.064 | Dividend Share 0.92 | Earnings Share 5.07 | Revenue Per Share 64.325 | Quarterly Revenue Growth 0.058 |
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace'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 GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace'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 GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.