Linde Net Receivables vs Accounts Payable 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 Net Receivables and its Accounts Payable 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.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linde plc Ordinary Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Linde Plc's Net Receivables and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable 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 Net Receivables and Accounts Payable 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 Receivables of Linde plc Ordinary are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Linde Plc's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Linde Plc obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Linde plc Ordinary are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Profit13.3B13.9B15.4B16.1B
Total Revenue30.8B33.4B32.9B34.5B

Linde Plc fundamental ratios Correlations

0.880.980.961.00.980.790.990.931.00.720.930.980.840.970.960.870.980.960.860.60.980.99-0.90.990.3
0.880.820.910.840.890.970.880.910.880.540.910.930.710.950.950.780.950.880.920.520.840.82-0.710.850.16
0.980.820.940.980.940.690.950.930.970.630.930.940.750.90.930.780.940.980.840.490.980.98-0.930.960.23
0.960.910.940.950.920.810.960.980.960.710.980.980.830.930.990.840.980.940.960.50.950.94-0.920.950.3
1.00.840.980.950.980.730.990.911.00.730.910.970.840.950.940.870.960.950.830.590.981.0-0.910.990.31
0.980.890.940.920.980.830.980.880.990.70.880.970.820.980.940.880.970.940.810.650.950.97-0.820.970.28
0.790.970.690.810.730.830.80.790.790.450.790.860.650.910.870.750.880.770.830.50.730.71-0.560.760.16
0.990.880.950.960.990.980.80.910.990.750.910.990.860.970.960.880.980.940.860.620.970.98-0.880.980.4
0.930.910.930.980.910.880.790.910.920.631.00.940.730.90.960.730.950.960.950.470.920.9-0.890.90.16
1.00.880.970.961.00.990.790.990.920.730.920.980.860.970.960.890.980.950.860.60.980.99-0.90.990.32
0.720.540.630.710.730.70.450.750.630.730.630.710.870.660.670.780.690.60.610.660.650.73-0.640.710.36
0.930.910.930.980.910.880.790.911.00.920.630.940.730.90.960.730.950.960.950.470.920.9-0.890.90.16
0.980.930.940.980.970.970.860.990.940.980.710.940.830.980.990.870.990.950.910.580.960.95-0.860.960.32
0.840.710.750.830.840.820.650.860.730.860.870.730.830.820.820.920.840.690.750.630.80.85-0.780.860.41
0.970.950.90.930.950.980.910.970.90.970.660.90.980.820.960.870.990.920.860.640.920.94-0.790.950.28
0.960.950.930.990.940.940.870.960.960.960.670.960.990.820.960.860.990.940.960.50.950.93-0.880.950.28
0.870.780.780.840.870.880.750.880.730.890.780.730.870.920.870.860.870.730.770.550.850.87-0.760.870.28
0.980.950.940.980.960.970.880.980.950.980.690.950.990.840.990.990.870.950.920.590.950.95-0.860.970.29
0.960.880.980.940.950.940.770.940.960.950.60.960.950.690.920.940.730.950.860.530.950.94-0.870.920.2
0.860.920.840.960.830.810.830.860.950.860.610.950.910.750.860.960.770.920.860.340.870.82-0.840.840.14
0.60.520.490.50.590.650.50.620.470.60.660.470.580.630.640.50.550.590.530.340.430.58-0.320.580.35
0.980.840.980.950.980.950.730.970.920.980.650.920.960.80.920.950.850.950.950.870.430.98-0.940.970.27
0.990.820.980.941.00.970.710.980.90.990.730.90.950.850.940.930.870.950.940.820.580.98-0.920.990.3
-0.9-0.71-0.93-0.92-0.91-0.82-0.56-0.88-0.89-0.9-0.64-0.89-0.86-0.78-0.79-0.88-0.76-0.86-0.87-0.84-0.32-0.94-0.92-0.91-0.31
0.990.850.960.950.990.970.760.980.90.990.710.90.960.860.950.950.870.970.920.840.580.970.99-0.910.34
0.30.160.230.30.310.280.160.40.160.320.360.160.320.410.280.280.280.290.20.140.350.270.3-0.310.34
Click cells to compare fundamentals

Linde Plc Account Relationship Matchups

Linde Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.6B88.2B81.6B79.7B80.8B84.9B
Short Long Term Debt Total14.0B16.2B14.2B17.9B20.3B21.3B
Other Current Liab3.9B3.7B3.3B3.6B3.7B3.9B
Total Current Liabilities12.2B13.7B13.6B16.5B15.7B16.5B
Total Stockholder Equity49.1B47.3B44.0B40.0B39.7B41.7B
Property Plant And Equipment Net29.1B28.7B26.0B23.5B25.5B26.8B
Net Debt11.3B12.4B11.4B12.5B15.7B16.4B
Accounts Payable3.3B3.1B3.5B3.0B3.0B3.2B
Cash2.7B3.8B2.8B5.4B4.7B4.9B
Non Current Assets Total76.3B77.3B71.4B66.6B68.2B71.6B
Non Currrent Assets Other1.7B1.9B1.7B2.1B948M889.3M
Cash And Short Term Investments2.7B3.8B2.8B5.4B4.7B4.9B
Net Receivables4.7B4.6B4.8B4.9B5.1B5.3B
Common Stock Shares Outstanding545.2M531.2M521.9M504.0M492.3M373.9M
Liabilities And Stockholders Equity86.6B88.2B81.6B79.7B80.8B84.9B
Non Current Liabilities Total22.8B24.9B22.5B21.8B24.0B25.2B
Inventory1.7B1.7B1.7B2.0B2.1B2.2B
Other Current Assets1.1B851M774M725M749M786.5M
Total Liab35.0B38.6B36.2B38.3B39.7B41.7B
Total Current Assets10.4B10.9B10.2B13.0B12.6B13.3B
Short Term Debt3.3B4.3B3.1B5.9B6.2B6.5B
Retained Earnings16.8B17.2B18.7B20.5B8.8B7.9B
Other Stockholder Equity37.0B34.8B30.4B25.3B36.7B38.5B
Intangible Assets16.1B16.2B13.8B12.4B12.4B13.0B
Accumulated Other Comprehensive Income(4.8B)(4.7B)(5.0B)(5.8B)(5.8B)(5.5B)
Other Liab11.4B12.8B11.2B8.9B10.3B10.8B
Other Assets948M4.2B145.5B4.8B5.5B7.8B
Long Term Debt10.6B12.2B11.3B12.2B13.4B7.5B
Treasury Stock(629M)(3.2B)(5.4B)(9.8B)(8.8B)(8.4B)
Property Plant Equipment30.1B28.7B26.0B23.5B27.1B13.9B
Current Deferred Revenue1.8B1.8B2.9B3.1B1.9B1.3B
Good Will27.0B28.2B27.0B25.8B26.8B28.1B
Property Plant And Equipment Gross30.1B29.8B49.5B51.6B56.3B59.1B
Retained Earnings Total Equity16.5B16.8B17.2B18.7B21.5B12.7B
Deferred Long Term Liab90M96M62M66M75.9M76.0M
Net Tangible Assets5.9B2.9B3.2B1.8B2.1B3.5B

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

  0.73DNMR Danimer ScientificPairCorr

Moving against Linde Stock

  0.69ECVT EcovystPairCorr
  0.58WTTR Select Energy ServicesPairCorr
  0.57WDFC WD 40 CompanyPairCorr
  0.32ALB Albemarle CorpPairCorr
  0.31ALB-PA AlbemarlePairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.