Linde Begin Period Cash Flow vs Exchange Rate Changes Analysis
LIN Stock | USD 455.52 0.45 0.1% |
Linde Plc financial indicator trend analysis is infinitely more than just investigating Linde plc Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linde plc Ordinary is a good investment. Please check the relationship between Linde Plc Begin Period Cash Flow and its Exchange Rate Changes accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Begin Period Cash Flow vs Exchange Rate Changes
Begin Period Cash Flow vs Exchange Rate Changes Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linde plc Ordinary Begin Period Cash Flow account and Exchange Rate Changes. At this time, the significance of the direction appears to have strong relationship.
The correlation between Linde Plc's Begin Period Cash Flow and Exchange Rate Changes is 0.68. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Exchange Rate Changes in the same time period over historical financial statements of Linde plc Ordinary, assuming nothing else is changed. The correlation between historical values of Linde Plc's Begin Period Cash Flow and Exchange Rate Changes is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Linde plc Ordinary are associated (or correlated) with its Exchange Rate Changes. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Exchange Rate Changes has no effect on the direction of Begin Period Cash Flow i.e., Linde Plc's Begin Period Cash Flow and Exchange Rate Changes go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Exchange Rate Changes
The impact of changes in foreign exchange rates on a company's financial position and results.Most indicators from Linde Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linde plc Ordinary 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Linde Plc's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.3B | 13.9B | 15.4B | 16.1B | Total Revenue | 30.8B | 33.4B | 32.9B | 34.5B |
Linde Plc fundamental ratios Correlations
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Linde Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Linde Plc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 86.6B | 88.2B | 81.6B | 79.7B | 80.8B | 84.9B | |
Short Long Term Debt Total | 14.0B | 16.2B | 14.2B | 17.9B | 20.3B | 21.3B | |
Other Current Liab | 3.9B | 3.7B | 3.3B | 3.6B | 3.7B | 3.9B | |
Total Current Liabilities | 12.2B | 13.7B | 13.6B | 16.5B | 15.7B | 16.5B | |
Total Stockholder Equity | 49.1B | 47.3B | 44.0B | 40.0B | 39.7B | 41.7B | |
Property Plant And Equipment Net | 29.1B | 28.7B | 26.0B | 23.5B | 25.5B | 26.8B | |
Net Debt | 11.3B | 12.4B | 11.4B | 12.5B | 15.7B | 16.4B | |
Accounts Payable | 3.3B | 3.1B | 3.5B | 3.0B | 3.0B | 3.2B | |
Cash | 2.7B | 3.8B | 2.8B | 5.4B | 4.7B | 4.9B | |
Non Current Assets Total | 76.3B | 77.3B | 71.4B | 66.6B | 68.2B | 71.6B | |
Non Currrent Assets Other | 1.7B | 1.9B | 1.7B | 2.1B | 948M | 889.3M | |
Cash And Short Term Investments | 2.7B | 3.8B | 2.8B | 5.4B | 4.7B | 4.9B | |
Net Receivables | 4.7B | 4.6B | 4.8B | 4.9B | 5.1B | 5.3B | |
Common Stock Shares Outstanding | 545.2M | 531.2M | 521.9M | 504.0M | 492.3M | 373.9M | |
Liabilities And Stockholders Equity | 86.6B | 88.2B | 81.6B | 79.7B | 80.8B | 84.9B | |
Non Current Liabilities Total | 22.8B | 24.9B | 22.5B | 21.8B | 24.0B | 25.2B | |
Inventory | 1.7B | 1.7B | 1.7B | 2.0B | 2.1B | 2.2B | |
Other Current Assets | 1.1B | 851M | 774M | 725M | 749M | 786.5M | |
Total Liab | 35.0B | 38.6B | 36.2B | 38.3B | 39.7B | 41.7B | |
Total Current Assets | 10.4B | 10.9B | 10.2B | 13.0B | 12.6B | 13.3B | |
Short Term Debt | 3.3B | 4.3B | 3.1B | 5.9B | 6.2B | 6.5B | |
Retained Earnings | 16.8B | 17.2B | 18.7B | 20.5B | 8.8B | 7.9B | |
Other Stockholder Equity | 37.0B | 34.8B | 30.4B | 25.3B | 36.7B | 38.5B | |
Intangible Assets | 16.1B | 16.2B | 13.8B | 12.4B | 12.4B | 13.0B | |
Accumulated Other Comprehensive Income | (4.8B) | (4.7B) | (5.0B) | (5.8B) | (5.8B) | (5.5B) | |
Other Liab | 11.4B | 12.8B | 11.2B | 8.9B | 10.3B | 10.8B | |
Other Assets | 948M | 4.2B | 145.5B | 4.8B | 5.5B | 7.8B | |
Long Term Debt | 10.6B | 12.2B | 11.3B | 12.2B | 13.4B | 7.5B | |
Treasury Stock | (629M) | (3.2B) | (5.4B) | (9.8B) | (8.8B) | (8.4B) | |
Property Plant Equipment | 30.1B | 28.7B | 26.0B | 23.5B | 27.1B | 13.9B | |
Current Deferred Revenue | 1.8B | 1.8B | 2.9B | 3.1B | 1.9B | 1.3B | |
Good Will | 27.0B | 28.2B | 27.0B | 25.8B | 26.8B | 28.1B | |
Property Plant And Equipment Gross | 30.1B | 29.8B | 49.5B | 51.6B | 56.3B | 59.1B | |
Retained Earnings Total Equity | 16.5B | 16.8B | 17.2B | 18.7B | 21.5B | 12.7B | |
Deferred Long Term Liab | 90M | 96M | 62M | 66M | 75.9M | 76.0M | |
Net Tangible Assets | 5.9B | 2.9B | 3.2B | 1.8B | 2.1B | 3.5B |
Pair Trading with Linde Plc
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 Linde Plc 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 Linde Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Linde Stock
Moving against Linde Stock
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0.31 | ALB-PA | Albemarle | PairCorr |
The ability to find closely correlated positions to Linde Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linde Plc 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 Linde Plc - 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 Linde plc Ordinary to buy it.
The correlation of Linde Plc 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 Linde Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linde plc Ordinary 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 Linde Plc 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Industrial Gases 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 Linde Plc. If investors know Linde 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 Linde Plc 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 0.009 | Dividend Share 5.44 | Earnings Share 13.19 | Revenue Per Share 68.67 | Quarterly Revenue Growth 0.025 |
The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc'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 Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc'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 Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc'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.