Solventum Long Term Debt vs Intangible Assets Analysis

SOLV Stock   70.81  1.18  1.69%   
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 Long Term Debt and its Intangible Assets 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solventum Corp Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Solventum Corp's Long Term Debt and Intangible Assets is 0.93. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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 Long Term Debt and Intangible 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 Solventum Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Solventum Corp's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Solventum Corp has held for over one year. Long-term debt appears on Solventum Corp 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 Solventum Corp 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 5.71 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
Click cells to compare fundamentals

Solventum Corp Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Solventum Stock Analysis

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.