Teledyne Other Current Assets vs Common Stock Shares Outstanding Analysis

TDY Stock  USD 480.22  9.77  2.08%   
Teledyne Technologies financial indicator trend analysis is much more than just breaking down Teledyne Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teledyne Technologies is a good investment. Please check the relationship between Teledyne Technologies Other Current Assets and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teledyne Technologies Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Teledyne Technologies' Other Current Assets and Common Stock Shares Outstanding is 0.69. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Teledyne Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Teledyne Technologies' Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Teledyne Technologies Incorporated are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Teledyne Technologies' Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Teledyne Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teledyne 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 Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Teledyne Technologies' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 2.8 M in 2024, whereas Tax Provision is likely to drop slightly above 91.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.2M89.3M85.5M89.8M
Depreciation And Amortization371.8M332.2M316.4M332.2M

Teledyne Technologies fundamental ratios Correlations

0.980.980.990.970.961.00.860.980.840.960.980.840.990.980.990.980.950.930.870.871.00.80.980.930.81
0.980.970.980.970.930.980.860.970.860.950.970.870.970.970.970.960.930.920.880.880.980.810.950.90.82
0.980.970.990.980.940.980.840.990.830.910.980.880.950.990.950.940.90.970.880.880.980.790.950.950.8
0.990.980.990.970.930.990.840.990.830.920.980.880.960.990.970.950.920.950.890.890.990.780.970.960.8
0.970.970.980.970.930.960.860.990.850.90.980.860.940.980.930.920.880.970.860.860.960.810.910.930.82
0.960.930.940.930.930.950.920.960.870.950.940.730.970.940.940.960.930.90.840.840.950.790.910.870.8
1.00.980.980.990.960.950.860.980.840.970.980.820.990.970.990.990.960.910.850.851.00.80.990.920.81
0.860.860.840.840.860.920.860.880.80.870.840.680.880.870.840.850.820.840.80.80.850.720.790.760.72
0.980.970.990.990.990.960.980.880.850.920.980.860.950.990.950.940.90.970.890.890.980.790.940.950.81
0.840.860.830.830.850.870.840.80.850.840.860.690.850.840.830.840.820.790.730.730.840.960.810.80.96
0.960.950.910.920.90.950.970.870.920.840.920.70.990.90.980.990.990.820.770.770.960.790.950.820.8
0.980.970.980.980.980.940.980.840.980.860.920.850.950.980.950.950.930.950.840.840.980.810.950.970.82
0.840.870.880.880.860.730.820.680.860.690.70.850.760.910.770.750.670.910.920.920.830.660.80.860.67
0.990.970.950.960.940.970.990.880.950.850.990.950.760.940.991.00.980.870.810.810.990.80.970.870.81
0.980.970.990.990.980.940.970.870.990.840.90.980.910.940.940.930.880.980.930.930.970.790.940.960.8
0.990.970.950.970.930.940.990.840.950.830.980.950.770.990.940.990.980.860.810.810.990.790.990.890.8
0.980.960.940.950.920.960.990.850.940.840.990.950.751.00.930.990.990.850.80.80.980.790.970.870.8
0.950.930.90.920.880.930.960.820.90.820.990.930.670.980.880.980.990.80.710.710.960.780.960.840.79
0.930.920.970.950.970.90.910.840.970.790.820.950.910.870.980.860.850.80.910.910.920.750.860.940.76
0.870.880.880.890.860.840.850.80.890.730.770.840.920.810.930.810.80.710.911.00.850.660.810.840.67
0.870.880.880.890.860.840.850.80.890.730.770.840.920.810.930.810.80.710.911.00.850.660.810.840.67
1.00.980.980.990.960.951.00.850.980.840.960.980.830.990.970.990.980.960.920.850.850.790.990.930.8
0.80.810.790.780.810.790.80.720.790.960.790.810.660.80.790.790.790.780.750.660.660.790.770.741.0
0.980.950.950.970.910.910.990.790.940.810.950.950.80.970.940.990.970.960.860.810.810.990.770.920.78
0.930.90.950.960.930.870.920.760.950.80.820.970.860.870.960.890.870.840.940.840.840.930.740.920.75
0.810.820.80.80.820.80.810.720.810.960.80.820.670.810.80.80.80.790.760.670.670.81.00.780.75
Click cells to compare fundamentals

Teledyne Technologies Account Relationship Matchups

Teledyne Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B14.4B14.4B14.5B15.3B
Other Current Liab264.7M434.2M799.9M717.6M781.3M820.4M
Total Current Liabilities763.2M760.9M1.5B1.5B1.8B1.9B
Total Stockholder Equity2.7B3.2B7.6B8.2B9.2B9.7B
Property Plant And Equipment Net487.9M489.3M827.5M769.8M918.7M964.6M
Accounts Payable271.1M229.1M469.5M505.7M384.7M403.9M
Non Current Assets Total3.3B3.3B12.0B11.5B11.5B12.1B
Non Currrent Assets Other296.9M297M460.8M452.7M346.9M364.2M
Net Receivables660.9M624.1M1.1B1.2B1.2B1.3B
Liabilities And Stockholders Equity4.6B5.1B14.4B14.4B14.5B15.3B
Non Current Liabilities Total1.1B1.1B5.3B4.7B3.5B3.7B
Inventory393.4M347.3M752.9M890.7M917.7M963.6M
Other Current Assets59.9M156.2M118M130.7M213.3M224.0M
Total Liab1.9B1.8B6.8B6.2B5.3B5.6B
Total Current Assets1.3B1.7B2.4B2.8B3.0B3.1B
Accumulated Other Comprehensive Income(475.8M)(430.1M)(430M)(726.5M)(634.1M)(602.4M)
Intangible Assets430.8M409.7M2.7B2.4B2.3B2.4B
Short Long Term Debt Total850.6M778.5M4.1B3.9B3.2B3.4B
Net Debt651.1M105.4M3.6B3.3B2.6B2.7B
Retained Earnings2.9B3.3B3.8B4.6B5.4B5.7B
Cash199.5M673.1M474.7M638.1M648.3M680.7M
Cash And Short Term Investments199.5M673.1M474.7M638.1M648.3M680.7M
Good Will2.1B2.2B8.0B7.9B8.0B8.4B
Other Stockholder Equity264.1M330.4M4.3B4.3B4.4B4.6B
Property Plant And Equipment Gross615M489.3M827.5M1.6B1.7B1.8B
Other Liab232.6M398.2M1.2B911.3M1.0B1.1B
Other Assets169.5M297M460.8M452.7M520.6M546.6M
Property Plant Equipment487.9M489.3M827.5M769.8M885.3M929.5M
Current Deferred Revenue111.5M126.8M186M241.1M277.3M291.1M
Long Term Debt750M680.9M4.1B3.6B2.6B2.8B
Short Term Debt100.6M97.6M28.3M300.1M600.1M630.1M
Net Tangible Assets233.4M668.9M(3.1B)(2.1B)(1.9B)(1.8B)
Retained Earnings Total Equity2.9B3.3B3.8B4.6B5.2B5.5B
Long Term Debt Total750M680.9M4.1B3.6B4.2B4.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Teledyne Stock Analysis

When running Teledyne Technologies' price analysis, check to measure Teledyne Technologies' 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 Teledyne Technologies is operating at the current time. Most of Teledyne Technologies' value examination focuses on studying past and present price action to predict the probability of Teledyne Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teledyne Technologies' price. Additionally, you may evaluate how the addition of Teledyne Technologies to your portfolios can decrease your overall portfolio volatility.