Solventum Current Deferred Revenue vs Non Currrent Assets Other Analysis

SOLV Stock   72.48  0.99  1.38%   
Solventum Corp financial indicator trend analysis is much more than just breaking down Solventum Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solventum Corp is a good investment. Please check the relationship between Solventum Corp Current Deferred Revenue and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum 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 bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.

Current Deferred Revenue vs Non Currrent Assets Other

Current Deferred Revenue vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solventum Corp Current Deferred Revenue account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Solventum Corp's Current Deferred Revenue and Non Currrent Assets Other is -0.33. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Solventum Corp, assuming nothing else is changed. The correlation between historical values of Solventum Corp's Current Deferred Revenue and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Solventum Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Current Deferred Revenue i.e., Solventum Corp's Current Deferred Revenue and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Solventum Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solventum 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum 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 bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.At this time, Solventum Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.5 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.70 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization597M578M561M467M
Tax Provision422M349M218M258.2M

Solventum Corp fundamental ratios Correlations

-0.92-0.950.58-0.830.94-0.970.88-0.95-0.83-0.670.93-0.73-0.95-0.980.91-0.95-0.9-0.830.81-0.950.93-0.82-0.860.98-0.82
-0.920.81-0.250.72-0.790.82-0.870.810.60.55-0.860.490.820.88-0.870.810.70.56-0.620.81-0.890.580.66-0.870.55
-0.950.81-0.570.95-1.01.0-0.691.00.960.85-0.780.91.00.99-0.751.00.840.93-0.951.0-0.780.950.97-0.890.93
0.58-0.25-0.57-0.340.59-0.620.57-0.58-0.65-0.220.67-0.55-0.54-0.560.63-0.57-0.86-0.770.51-0.560.61-0.65-0.570.69-0.76
-0.830.720.95-0.34-0.950.92-0.460.950.930.97-0.560.930.960.91-0.520.950.630.86-0.970.95-0.570.930.97-0.710.86
0.94-0.79-1.00.59-0.95-1.00.68-1.0-0.96-0.850.78-0.91-1.0-0.990.74-1.0-0.85-0.940.96-1.00.77-0.96-0.980.89-0.94
-0.970.821.0-0.620.92-1.0-0.751.00.940.8-0.840.870.990.99-0.81.00.890.93-0.921.0-0.830.930.96-0.930.93
0.88-0.87-0.690.57-0.460.68-0.75-0.69-0.5-0.230.99-0.33-0.69-0.771.0-0.69-0.87-0.550.44-0.690.99-0.48-0.520.94-0.54
-0.950.811.0-0.580.95-1.01.0-0.690.960.85-0.780.91.00.99-0.751.00.840.93-0.951.0-0.780.950.97-0.890.93
-0.830.60.96-0.650.93-0.960.94-0.50.960.88-0.630.980.950.91-0.580.950.790.99-0.990.95-0.611.00.99-0.770.99
-0.670.550.85-0.220.97-0.850.8-0.230.850.88-0.340.930.860.79-0.30.850.450.79-0.950.85-0.350.880.92-0.520.8
0.93-0.86-0.780.67-0.560.78-0.840.99-0.78-0.63-0.34-0.48-0.78-0.851.0-0.78-0.94-0.690.57-0.781.0-0.62-0.640.98-0.68
-0.730.490.9-0.550.93-0.910.87-0.330.90.980.93-0.480.90.83-0.420.90.660.95-0.990.9-0.460.980.98-0.640.95
-0.950.821.0-0.540.96-1.00.99-0.691.00.950.86-0.780.90.99-0.741.00.820.92-0.951.0-0.780.940.97-0.880.92
-0.980.880.99-0.560.91-0.990.99-0.770.990.910.79-0.850.830.99-0.820.990.860.89-0.90.99-0.850.90.93-0.930.89
0.91-0.87-0.750.63-0.520.74-0.81.0-0.75-0.58-0.31.0-0.42-0.74-0.82-0.75-0.91-0.630.51-0.751.0-0.56-0.590.96-0.62
-0.950.811.0-0.570.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.750.840.93-0.951.0-0.780.950.97-0.890.93
-0.90.70.84-0.860.63-0.850.89-0.870.840.790.45-0.940.660.820.86-0.910.840.86-0.70.84-0.910.780.77-0.960.85
-0.830.560.93-0.770.86-0.940.93-0.550.930.990.79-0.690.950.920.89-0.630.930.86-0.940.93-0.660.980.96-0.811.0
0.81-0.62-0.950.51-0.970.96-0.920.44-0.95-0.99-0.950.57-0.99-0.95-0.90.51-0.95-0.7-0.94-0.950.55-0.99-1.00.72-0.95
-0.950.811.0-0.560.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.751.00.840.93-0.95-0.780.950.97-0.890.93
0.93-0.89-0.780.61-0.570.77-0.830.99-0.78-0.61-0.351.0-0.46-0.78-0.851.0-0.78-0.91-0.660.55-0.78-0.6-0.630.97-0.64
-0.820.580.95-0.650.93-0.960.93-0.480.951.00.88-0.620.980.940.9-0.560.950.780.98-0.990.95-0.60.99-0.760.99
-0.860.660.97-0.570.97-0.980.96-0.520.970.990.92-0.640.980.970.93-0.590.970.770.96-1.00.97-0.630.99-0.780.96
0.98-0.87-0.890.69-0.710.89-0.930.94-0.89-0.77-0.520.98-0.64-0.88-0.930.96-0.89-0.96-0.810.72-0.890.97-0.76-0.78-0.8
-0.820.550.93-0.760.86-0.940.93-0.540.930.990.8-0.680.950.920.89-0.620.930.851.0-0.950.93-0.640.990.96-0.8
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Solventum Corp Account Relationship Matchups

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When running Solventum Corp's price analysis, check to measure Solventum Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.