Smurfit Good Will vs Cash And Short Term Investments Analysis

SW Stock

56.25 0.39 0.69%

Smurfit WestRock financial indicator trend analysis is much more than just breaking down Smurfit WestRock plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smurfit WestRock plc is a good investment. Please check the relationship between Smurfit WestRock Good Will and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smurfit WestRock plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smurfit WestRock plc Good Will account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Smurfit WestRock's Good Will and Cash And Short Term Investments is -0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Smurfit WestRock plc, assuming nothing else is changed. The correlation between historical values of Smurfit WestRock's Good Will and Cash And Short Term Investments 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 Smurfit WestRock plc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., Smurfit WestRock's Good Will and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.86

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Smurfit WestRock plc balance sheet. This account contains Smurfit WestRock investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Smurfit WestRock plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Smurfit WestRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smurfit WestRock plc 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 Smurfit WestRock plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

At this time, Smurfit WestRock's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.14 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	553M	630M	701.9M	671.5M
Interest Income	3.4M	9.7M	33.2M	34.8M

Depreciation And Amortization Interest Income

Smurfit WestRock fundamental ratios Correlations

	Other Current Assets	Non Current Liabilities Other	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital
Other Current Assets		0.92	0.86	0.85	-0.49	0.88	0.78	0.81	-0.4	0.81	0.8	0.0	0.81	-0.1	-0.56	-0.89	0.73	0.79	0.63	0.87	-0.73	0.84	0.82	0.83	0.88	0.87
Non Current Liabilities Other	0.92		0.92	0.87	-0.26	0.93	0.95	0.95	-0.61	0.97	0.68	0.2	0.92	0.15	-0.5	-0.87	0.72	0.8	0.58	0.87	-0.77	0.92	0.96	0.94	0.94	0.92
Total Assets	0.86	0.92		0.98	-0.32	0.99	0.94	0.98	-0.66	0.94	0.82	0.19	0.98	0.09	-0.76	-0.93	0.9	0.95	0.81	0.95	-0.94	0.99	0.98	0.99	0.99	0.99
Short Long Term Debt Total	0.85	0.87	0.98		-0.45	0.98	0.87	0.93	-0.6	0.87	0.9	0.17	0.95	-0.09	-0.8	-0.96	0.95	0.98	0.88	0.95	-0.95	0.98	0.92	0.95	0.97	0.96
Other Current Liab	-0.49	-0.26	-0.32	-0.45		-0.43	-0.07	-0.15	-0.39	-0.12	-0.78	0.57	-0.17	0.82	0.28	0.64	-0.36	-0.37	-0.35	-0.54	0.21	-0.29	-0.17	-0.2	-0.37	-0.39
Total Current Liabilities	0.88	0.93	0.99	0.98	-0.43		0.92	0.95	-0.57	0.93	0.86	0.1	0.96	0.0	-0.73	-0.96	0.88	0.94	0.78	0.98	-0.9	0.98	0.96	0.97	1.0	0.99
Total Stockholder Equity	0.78	0.95	0.94	0.87	-0.07	0.92		0.99	-0.78	0.99	0.6	0.37	0.97	0.32	-0.56	-0.8	0.77	0.83	0.63	0.83	-0.84	0.94	0.99	0.98	0.94	0.91
Property Plant And Equipment Net	0.81	0.95	0.98	0.93	-0.15	0.95	0.99		-0.77	0.98	0.69	0.34	1.0	0.23	-0.67	-0.86	0.85	0.9	0.73	0.88	-0.91	0.98	1.0	1.0	0.97	0.95
Net Debt	-0.4	-0.61	-0.66	-0.6	-0.39	-0.57	-0.78	-0.77		-0.71	-0.23	-0.83	-0.79	-0.46	0.48	0.39	-0.68	-0.66	-0.61	-0.4	0.73	-0.72	-0.72	-0.75	-0.6	-0.54
Retained Earnings	0.81	0.97	0.94	0.87	-0.12	0.93	0.99	0.98	-0.71		0.61	0.27	0.96	0.31	-0.54	-0.82	0.73	0.81	0.58	0.85	-0.81	0.93	0.99	0.97	0.95	0.93
Accounts Payable	0.8	0.68	0.82	0.9	-0.78	0.86	0.6	0.69	-0.23	0.61		-0.15	0.72	-0.47	-0.74	-0.94	0.85	0.87	0.82	0.9	-0.77	0.8	0.68	0.74	0.83	0.83
Cash	0.0	0.2	0.19	0.17	0.57	0.1	0.37	0.34	-0.83	0.27	-0.15		0.36	0.3	-0.05	0.03	0.33	0.25	0.29	-0.11	-0.3	0.3	0.27	0.3	0.12	0.03
Non Current Assets Total	0.81	0.92	0.98	0.95	-0.17	0.96	0.97	1.0	-0.79	0.96	0.72	0.36		0.19	-0.72	-0.86	0.89	0.94	0.79	0.88	-0.94	0.99	0.98	1.0	0.97	0.94
Non Currrent Assets Other	-0.1	0.15	0.09	-0.09	0.82	0.0	0.32	0.23	-0.46	0.31	-0.47	0.3	0.19		-0.01	0.25	-0.14	-0.06	-0.19	-0.05	-0.11	0.06	0.25	0.19	0.07	0.09
Cash And Short Term Investments	-0.56	-0.5	-0.76	-0.8	0.28	-0.73	-0.56	-0.67	0.48	-0.54	-0.74	-0.05	-0.72	-0.01		0.66	-0.86	-0.87	-0.91	-0.77	0.91	-0.75	-0.65	-0.72	-0.72	-0.75
Net Receivables	-0.89	-0.87	-0.93	-0.96	0.64	-0.96	-0.8	-0.86	0.39	-0.82	-0.94	0.03	-0.86	0.25	0.66		-0.85	-0.89	-0.75	-0.96	0.81	-0.92	-0.86	-0.88	-0.95	-0.93
Good Will	0.73	0.72	0.9	0.95	-0.36	0.88	0.77	0.85	-0.68	0.73	0.85	0.33	0.89	-0.14	-0.86	-0.85		0.99	0.98	0.83	-0.96	0.93	0.81	0.88	0.86	0.84
Common Stock Shares Outstanding	0.79	0.8	0.95	0.98	-0.37	0.94	0.83	0.9	-0.66	0.81	0.87	0.25	0.94	-0.06	-0.87	-0.89	0.99		0.95	0.9	-0.98	0.96	0.88	0.93	0.93	0.91
Non Current Liabilities Total	0.63	0.58	0.81	0.88	-0.35	0.78	0.63	0.73	-0.61	0.58	0.82	0.29	0.79	-0.19	-0.91	-0.75	0.98	0.95		0.75	-0.93	0.83	0.69	0.77	0.76	0.74
Inventory	0.87	0.87	0.95	0.95	-0.54	0.98	0.83	0.88	-0.4	0.85	0.9	-0.11	0.88	-0.05	-0.77	-0.96	0.83	0.9	0.75		-0.87	0.92	0.89	0.9	0.97	0.98
Other Stockholder Equity	-0.73	-0.77	-0.94	-0.95	0.21	-0.9	-0.84	-0.91	0.73	-0.81	-0.77	-0.3	-0.94	-0.11	0.91	0.81	-0.96	-0.98	-0.93	-0.87		-0.95	-0.88	-0.93	-0.9	-0.9
Total Liab	0.84	0.92	0.99	0.98	-0.29	0.98	0.94	0.98	-0.72	0.93	0.8	0.3	0.99	0.06	-0.75	-0.92	0.93	0.96	0.83	0.92	-0.95		0.97	0.99	0.98	0.96
Net Invested Capital	0.82	0.96	0.98	0.92	-0.17	0.96	0.99	1.0	-0.72	0.99	0.68	0.27	0.98	0.25	-0.65	-0.86	0.81	0.88	0.69	0.89	-0.88	0.97		0.99	0.97	0.96
Property Plant And Equipment Gross	0.83	0.94	0.99	0.95	-0.2	0.97	0.98	1.0	-0.75	0.97	0.74	0.3	1.0	0.19	-0.72	-0.88	0.88	0.93	0.77	0.9	-0.93	0.99	0.99		0.98	0.96
Total Current Assets	0.88	0.94	0.99	0.97	-0.37	1.0	0.94	0.97	-0.6	0.95	0.83	0.12	0.97	0.07	-0.72	-0.95	0.86	0.93	0.76	0.97	-0.9	0.98	0.97	0.98		0.99
Net Working Capital	0.87	0.92	0.99	0.96	-0.39	0.99	0.91	0.95	-0.54	0.93	0.83	0.03	0.94	0.09	-0.75	-0.93	0.84	0.91	0.74	0.98	-0.9	0.96	0.96	0.96	0.99

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Smurfit WestRock Account Relationship Matchups

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Smurfit Good Will vs Cash And Short Term Investments Analysis

Good Will vs Cash And Short Term Investments

Good Will vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Good Will

Cash And Short Term Investments

Smurfit WestRock fundamental ratios Correlations

Smurfit WestRock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Assets

Other Stockholder Equity	- 0.98	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.96	Good Will
Inventory	- 0.96	Net Receivables
Net Receivables	- 0.96	Total Current Liabilities
Net Receivables	- 0.96	Short Long Term Debt Total
Total Liab	- 0.95	Other Stockholder Equity