ST Stock | | | USD 33.58 1.69 5.30% |
Sensata Technologies financial indicator trend analysis is much more than just breaking down Sensata Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensata Technologies is a good investment. Please check the relationship between Sensata Technologies Good Will and its Non Current Assets Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensata Technologies Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Good Will vs Non Current Assets Total
Good Will vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensata Technologies Good Will account and
Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Sensata Technologies' Good Will and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Sensata Technologies Holding, assuming nothing else is changed. The correlation between historical values of Sensata Technologies' Good Will and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sensata Technologies Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Good Will i.e., Sensata Technologies' Good Will and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Sensata Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensata Technologies 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 Sensata Technologies Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Sensata Technologies'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas
Selling General Administrative is likely to drop slightly above 277.8
M in 2024.
Sensata Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sensata Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensata Technologies fundamental ratios Accounts
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Additional Tools for Sensata Stock Analysis
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