Smurfit Short Term Investments vs Net Working Capital 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 Short Term Investments and its Net Working Capital 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.

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smurfit WestRock plc Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Smurfit WestRock's Short Term Investments and Net Working Capital is 0.91. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital 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 Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Smurfit WestRock plc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., Smurfit WestRock's Short Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Short Term Investments

Short Term Investments is an item under the current assets section of Smurfit WestRock balance sheet. It contains any investments Smurfit WestRock plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Smurfit WestRock plc can easily liquidate in the marketplace.

Net Working Capital

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 Short Term Investments vs Net Working Capital Analysis

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Working Capital

Smurfit WestRock fundamental ratios Correlations

Smurfit WestRock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

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