Smurfit Long Term Debt vs Other Current Assets Analysis

SW Stock

54.76 0.77 1.39%

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 Long Term Debt and its Other Current Assets 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.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smurfit WestRock plc Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Smurfit WestRock's Long Term Debt and Other Current Assets is 0.66. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets 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 Long Term Debt and Other 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 Smurfit WestRock plc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Smurfit WestRock's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Long Term Debt

Long-term debt is a debt that Smurfit WestRock plc has held for over one year. Long-term debt appears on Smurfit WestRock plc 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 Smurfit WestRock plc 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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)
Interest Expense	128M	158M	196.8M	133.3M
Depreciation And Amortization	553M	630M	701.9M	670.5M

Interest Expense Depreciation And Amortization

Smurfit WestRock fundamental ratios Correlations

	Other Current Liab	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Other	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Net Invested Capital	Long Term Investments
Other Current Liab		-0.62	-0.24	-0.37	-0.18	-0.22	-0.23	-0.05	0.04	-0.25	-0.24	0.13	0.16	-0.56	0.07	0.64	0.18	0.86	-0.15	0.64	0.13	0.11	-0.18	-0.25	0.03	0.63
Accounts Payable	-0.62		0.83	0.93	0.76	0.83	0.85	0.75	0.72	0.9	0.88	0.64	0.61	-0.23	0.66	-0.16	0.61	-0.39	0.71	-0.16	-0.82	0.66	0.85	0.87	0.72	0.17
Non Current Liabilities Total	-0.24	0.83		0.87	0.96	1.0	0.99	0.9	0.78	0.82	0.84	0.75	0.73	-0.41	0.77	0.04	0.72	-0.04	0.57	0.04	-0.82	0.71	0.76	0.83	0.78	0.38
Other Current Assets	-0.37	0.93	0.87		0.75	0.89	0.92	0.9	0.89	0.96	0.98	0.84	0.81	-0.41	0.86	-0.08	0.8	-0.04	0.66	-0.08	-0.92	0.78	0.9	0.99	0.9	0.39
Other Stockholder Equity	-0.18	0.76	0.96	0.75		0.94	0.92	0.76	0.67	0.74	0.72	0.62	0.62	-0.42	0.61	0.13	0.62	-0.12	0.64	0.13	-0.72	0.67	0.73	0.7	0.65	0.37
Total Liab	-0.22	0.83	1.0	0.89	0.94		1.0	0.92	0.82	0.84	0.86	0.79	0.77	-0.44	0.8	0.06	0.76	-0.01	0.58	0.06	-0.85	0.74	0.78	0.86	0.82	0.41
Total Current Assets	-0.23	0.85	0.99	0.92	0.92	1.0		0.94	0.84	0.86	0.89	0.82	0.8	-0.44	0.83	0.04	0.78	0.01	0.58	0.04	-0.87	0.76	0.79	0.89	0.85	0.42
Non Current Liabilities Other	-0.05	0.75	0.9	0.9	0.76	0.92	0.94		0.95	0.87	0.93	0.95	0.94	-0.61	0.97	0.2	0.92	0.23	0.55	0.2	-0.93	0.86	0.8	0.92	0.96	0.6
Total Assets	0.04	0.72	0.78	0.89	0.67	0.82	0.84	0.95		0.93	0.96	0.99	0.99	-0.76	0.98	0.34	0.99	0.29	0.7	0.34	-0.98	0.96	0.9	0.94	1.0	0.75
Short Long Term Debt Total	-0.25	0.9	0.82	0.96	0.74	0.84	0.86	0.87	0.93		0.98	0.87	0.87	-0.6	0.87	0.17	0.87	-0.02	0.83	0.17	-0.97	0.9	0.98	0.96	0.92	0.56
Total Current Liabilities	-0.24	0.88	0.84	0.98	0.72	0.86	0.89	0.93	0.96	0.98		0.92	0.9	-0.57	0.93	0.1	0.89	0.07	0.72	0.1	-0.97	0.88	0.94	0.99	0.96	0.55
Total Stockholder Equity	0.13	0.64	0.75	0.84	0.62	0.79	0.82	0.95	0.99	0.87	0.92		1.0	-0.78	0.99	0.37	0.99	0.4	0.6	0.37	-0.94	0.93	0.83	0.9	0.99	0.78
Property Plant And Equipment Net	0.16	0.61	0.73	0.81	0.62	0.77	0.8	0.94	0.99	0.87	0.9	1.0		-0.82	0.98	0.44	1.0	0.4	0.64	0.44	-0.95	0.95	0.84	0.88	0.98	0.82
Net Debt	-0.56	-0.23	-0.41	-0.41	-0.42	-0.44	-0.44	-0.61	-0.76	-0.6	-0.57	-0.78	-0.82		-0.71	-0.83	-0.85	-0.53	-0.67	-0.83	0.7	-0.87	-0.66	-0.51	-0.72	-0.99
Retained Earnings	0.07	0.66	0.77	0.86	0.61	0.8	0.83	0.97	0.98	0.87	0.93	0.99	0.98	-0.71		0.27	0.97	0.38	0.55	0.27	-0.93	0.9	0.81	0.92	0.99	0.71
Cash	0.64	-0.16	0.04	-0.08	0.13	0.06	0.04	0.2	0.34	0.17	0.1	0.37	0.44	-0.83	0.27		0.48	0.36	0.46	1.0	-0.31	0.55	0.25	0.01	0.27	0.8
Non Current Assets Total	0.18	0.61	0.72	0.8	0.62	0.76	0.78	0.92	0.99	0.87	0.89	0.99	1.0	-0.85	0.97	0.48		0.39	0.68	0.48	-0.95	0.97	0.85	0.87	0.97	0.84
Non Currrent Assets Other	0.86	-0.39	-0.04	-0.04	-0.12	-0.01	0.01	0.23	0.29	-0.02	0.07	0.4	0.4	-0.53	0.38	0.36	0.39		-0.19	0.36	-0.09	0.23	0.0	0.1	0.33	0.63
Long Term Debt	-0.15	0.71	0.57	0.66	0.64	0.58	0.58	0.55	0.7	0.83	0.72	0.6	0.64	-0.67	0.55	0.46	0.68	-0.19		0.46	-0.79	0.83	0.9	0.66	0.64	0.59
Cash And Short Term Investments	0.64	-0.16	0.04	-0.08	0.13	0.06	0.04	0.2	0.34	0.17	0.1	0.37	0.44	-0.83	0.27	1.0	0.48	0.36	0.46		-0.31	0.55	0.25	0.01	0.27	0.8
Net Receivables	0.13	-0.82	-0.82	-0.92	-0.72	-0.85	-0.87	-0.93	-0.98	-0.97	-0.97	-0.94	-0.95	0.7	-0.93	-0.31	-0.95	-0.09	-0.79	-0.31		-0.96	-0.94	-0.95	-0.96	-0.67
Good Will	0.11	0.66	0.71	0.78	0.67	0.74	0.76	0.86	0.96	0.9	0.88	0.93	0.95	-0.87	0.9	0.55	0.97	0.23	0.83	0.55	-0.96		0.91	0.84	0.93	0.84
Common Stock Shares Outstanding	-0.18	0.85	0.76	0.9	0.73	0.78	0.79	0.8	0.9	0.98	0.94	0.83	0.84	-0.66	0.81	0.25	0.85	0.0	0.9	0.25	-0.94	0.91		0.91	0.88	0.62
Inventory	-0.25	0.87	0.83	0.99	0.7	0.86	0.89	0.92	0.94	0.96	0.99	0.9	0.88	-0.51	0.92	0.01	0.87	0.1	0.66	0.01	-0.95	0.84	0.91		0.95	0.5
Net Invested Capital	0.03	0.72	0.78	0.9	0.65	0.82	0.85	0.96	1.0	0.92	0.96	0.99	0.98	-0.72	0.99	0.27	0.97	0.33	0.64	0.27	-0.96	0.93	0.88	0.95		0.72
Long Term Investments	0.63	0.17	0.38	0.39	0.37	0.41	0.42	0.6	0.75	0.56	0.55	0.78	0.82	-0.99	0.71	0.8	0.84	0.63	0.59	0.8	-0.67	0.84	0.62	0.5	0.72

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Smurfit WestRock Account Relationship Matchups

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Smurfit Long Term Debt vs Other Current Assets Analysis

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Other Current Assets

Smurfit WestRock fundamental ratios Correlations

Smurfit WestRock Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Total Liab
Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Long Term Investments	- 0.99	Net Debt
Net Receivables	- 0.98	Total Assets
Net Receivables	- 0.97	Total Current Liabilities
Net Receivables	- 0.97	Short Long Term Debt Total
Net Invested Capital	- 0.96	Net Receivables
Good Will	- 0.96	Net Receivables