Silgan Long Term Debt vs Total Current Assets Analysis
SLGN Stock | USD 56.53 0.93 1.67% |
Silgan Holdings financial indicator trend analysis is much more than just breaking down Silgan Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silgan Holdings is a good investment. Please check the relationship between Silgan Holdings Long Term Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.
Long Term Debt vs Total Current Assets
Long Term Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silgan Holdings' Long Term Debt and Total Current Assets is 0.7. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Silgan Holdings, assuming nothing else is changed. The correlation between historical values of Silgan Holdings' Long Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Silgan Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., Silgan Holdings' Long Term Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Silgan Holdings has held for over one year. Long-term debt appears on Silgan Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Silgan Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Silgan Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgan Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 231.8 M. In addition to that, Tax Provision is likely to drop to about 84.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 918.4M | 1.0B | 218.5M | 207.6M | Total Revenue | 5.7B | 6.4B | 6.0B | 3.5B |
Silgan Holdings fundamental ratios Correlations
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Silgan Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silgan Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 6.5B | 7.8B | 7.3B | 7.6B | 8.0B | |
Short Long Term Debt Total | 2.2B | 3.3B | 3.8B | 3.5B | 3.4B | 1.8B | |
Other Current Liab | 988.8M | 361.0M | 355.0M | 383.8M | 355.6M | 346.9M | |
Total Current Liabilities | 988.8M | 1.2B | 1.5B | 1.4B | 2.3B | 2.4B | |
Total Stockholder Equity | 1.0B | 1.3B | 1.6B | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 1.6B | 1.8B | 2.0B | 1.9B | 2.2B | 1.1B | |
Current Deferred Revenue | (756.9M) | (830.6M) | (1.2B) | (2.0B) | (1.8B) | (1.7B) | |
Net Debt | 2.0B | 2.8B | 3.2B | 2.9B | 2.8B | 1.5B | |
Retained Earnings | 2.1B | 2.4B | 2.7B | 3.0B | 3.2B | 3.4B | |
Accounts Payable | 727.1M | 802.5M | 1.1B | 974.0M | 1.1B | 1.1B | |
Cash | 203.8M | 409.5M | 631.4M | 585.6M | 642.9M | 675.1M | |
Non Current Assets Total | 3.5B | 4.7B | 5.5B | 5.2B | 5.3B | 5.5B | |
Non Currrent Assets Other | 457.2M | 500.9M | 611.9M | 144.2M | 337.5M | 281.0M | |
Cash And Short Term Investments | 203.8M | 409.5M | 631.4M | 585.6M | 642.9M | 675.1M | |
Net Receivables | 505M | 619.5M | 711.3M | 658.0M | 599.5M | 316.6M | |
Good Will | 1.1B | 1.7B | 2.0B | 2.0B | 2.0B | 2.1B | |
Common Stock Shares Outstanding | 111.5M | 111.4M | 111.2M | 111.0M | 109.2M | 115.0M | |
Liabilities And Stockholders Equity | 4.9B | 6.5B | 7.8B | 7.3B | 7.6B | 8.0B | |
Non Current Liabilities Total | 2.9B | 4.1B | 4.7B | 4.3B | 3.4B | 1.8B | |
Inventory | 633M | 677.5M | 798.8M | 769.4M | 940.8M | 499.6M | |
Other Current Assets | 65M | 92.6M | 154.2M | 119.7M | 165.7M | 174.0M | |
Other Stockholder Equity | (860.0M) | (883.3M) | (871.0M) | (899.3M) | (1.1B) | (1.0B) | |
Total Liab | 3.9B | 5.3B | 6.2B | 5.6B | 5.7B | 6.0B | |
Property Plant And Equipment Gross | 1.8B | 1.8B | 4.5B | 4.5B | 4.7B | 5.0B | |
Total Current Assets | 1.4B | 1.8B | 2.3B | 2.1B | 2.3B | 2.5B | |
Accumulated Other Comprehensive Income | (259.7M) | (261.0M) | (259.8M) | (345.3M) | (251.4M) | (238.8M) | |
Short Term Debt | 29.8M | 28.0M | 20.3M | 80.1M | 880.3M | 924.3M | |
Intangible Assets | 354.6M | 637.2M | 830.8M | 763.8M | 721.0M | 757.1M | |
Other Liab | 515.9M | 851.8M | 926.7M | 671.4M | 772.1M | 810.7M | |
Other Assets | 270.3M | 2.9B | 3.5B | 327.0M | 1.0 | 0.95 | |
Long Term Debt | 2.2B | 3.2B | 3.8B | 3.4B | 2.5B | 1.7B | |
Treasury Stock | (1.1B) | (1.2B) | (1.2B) | (1.2B) | (1.1B) | (1.1B) | |
Property Plant Equipment | 1.6B | 1.8B | 2.0B | 2.1B | 2.5B | 1.2B | |
Net Tangible Assets | (473.5M) | (1.1B) | 1.6B | (1.0B) | (927.5M) | (881.1M) | |
Retained Earnings Total Equity | 2.1B | 2.4B | 2.7B | 3.0B | 3.4B | 1.9B | |
Long Term Debt Total | 2.2B | 3.2B | 3.8B | 3.3B | 3.8B | 2.2B | |
Capital Surpluse | 289.4M | 306.4M | 325.4M | 339.8M | 390.8M | 280.0M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Metal, Glass & Plastic Containers 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 Silgan Holdings. If investors know Silgan 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 Silgan Holdings 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 (0.09) | Dividend Share 0.75 | Earnings Share 2.76 | Revenue Per Share 54.197 | Quarterly Revenue Growth (0.03) |
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' 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 Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' 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 Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' 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.