Terex Asset Turnover vs Non Current Liabilities Total Analysis

TEX Stock  USD 53.80  0.91  1.72%   
Terex financial indicator trend analysis is much more than just breaking down Terex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Terex is a good investment. Please check the relationship between Terex Asset Turnover and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Terex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Terex Stock please use our How to Invest in Terex guide.

Asset Turnover vs Non Current Liabilities Total

Asset Turnover vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Terex Asset Turnover account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Terex's Asset Turnover and Non Current Liabilities Total is 0.04. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Terex, assuming nothing else is changed. The correlation between historical values of Terex's Asset Turnover and Non Current Liabilities 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 Asset Turnover of Terex are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Asset Turnover i.e., Terex's Asset Turnover and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Non Current Liabilities Total

Most indicators from Terex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Terex 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 Terex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Terex Stock please use our How to Invest in Terex guide.At this time, Terex's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 104 M in 2024, whereas Discontinued Operations is likely to drop (189 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit757.4M871.2M1.2B699.8M
Total Revenue3.9B4.4B5.2B4.0B

Terex fundamental ratios Correlations

0.960.410.980.940.910.920.670.670.990.290.670.950.950.970.93-0.120.560.990.540.990.720.730.630.820.17
0.960.470.910.820.820.950.540.720.950.290.720.890.920.990.85-0.030.580.980.40.950.710.630.580.80.05
0.410.470.490.260.210.390.260.530.290.220.530.390.50.430.480.83-0.060.46-0.040.510.00.60.520.140.25
0.980.910.490.930.880.880.690.610.950.30.610.950.940.920.95-0.030.540.970.580.990.650.830.690.750.27
0.940.820.260.930.920.810.760.540.930.260.540.910.90.830.9-0.240.480.880.640.920.710.760.660.740.21
0.910.820.210.880.920.790.530.60.89-0.020.60.930.780.830.93-0.320.630.860.70.90.730.730.60.820.1
0.920.950.390.880.810.790.460.520.940.310.520.880.860.950.81-0.060.610.940.280.890.770.60.430.830.16
0.670.540.260.690.760.530.460.410.640.40.410.610.790.540.62-0.070.00.610.550.670.390.650.660.30.28
0.670.720.530.610.540.60.520.410.60.161.00.560.670.710.590.190.190.690.290.710.350.460.650.45-0.31
0.990.950.290.950.930.890.940.640.60.320.60.920.920.960.88-0.230.60.980.510.950.760.640.550.840.17
0.290.290.220.30.26-0.020.310.40.160.320.160.030.410.290.050.210.130.3-0.110.25-0.080.140.38-0.140.02
0.670.720.530.610.540.60.520.411.00.60.160.560.670.710.590.180.20.690.30.710.340.460.660.45-0.31
0.950.890.390.950.910.930.880.610.560.920.030.560.880.90.96-0.150.530.930.580.960.790.790.570.860.24
0.950.920.50.940.90.780.860.790.670.920.410.670.880.910.850.040.370.940.440.950.660.740.730.660.16
0.970.990.430.920.830.830.950.540.710.960.290.710.90.910.86-0.070.590.990.410.950.710.610.550.840.08
0.930.850.480.950.90.930.810.620.590.880.050.590.960.850.86-0.060.530.910.670.960.640.880.650.780.3
-0.12-0.030.83-0.03-0.24-0.32-0.06-0.070.19-0.230.210.18-0.150.04-0.07-0.06-0.4-0.06-0.44-0.02-0.410.170.2-0.350.13
0.560.58-0.060.540.480.630.610.00.190.60.130.20.530.370.590.53-0.40.580.490.510.470.360.290.55-0.03
0.990.980.460.970.880.860.940.610.690.980.30.690.930.940.990.91-0.060.580.480.980.710.70.610.820.15
0.540.4-0.040.580.640.70.280.550.290.51-0.110.30.580.440.410.67-0.440.490.480.560.280.630.550.40.17
0.990.950.510.990.920.90.890.670.710.950.250.710.960.950.950.96-0.020.510.980.560.670.80.70.780.18
0.720.710.00.650.710.730.770.390.350.76-0.080.340.790.660.710.64-0.410.470.710.280.670.380.190.820.04
0.730.630.60.830.760.730.60.650.460.640.140.460.790.740.610.880.170.360.70.630.80.380.790.410.33
0.630.580.520.690.660.60.430.660.650.550.380.660.570.730.550.650.20.290.610.550.70.190.790.15-0.05
0.820.80.140.750.740.820.830.30.450.84-0.140.450.860.660.840.78-0.350.550.820.40.780.820.410.150.2
0.170.050.250.270.210.10.160.28-0.310.170.02-0.310.240.160.080.30.13-0.030.150.170.180.040.33-0.050.2
Click cells to compare fundamentals

Terex Account Relationship Matchups

Terex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.0B2.9B3.1B3.6B3.4B
Short Long Term Debt Total1.2B1.2B674.1M775.5M623.2M1.1B
Other Current Liab865.5M321M346.4M372.1M413.8M449.1M
Total Current Liabilities872.4M723.3M909.9M998.6M1.1B1.0B
Total Stockholder Equity932.3M921.5M1.1B1.2B1.7B1.0B
Property Plant And Equipment Net389.4M406.6M429.6M465.6M569.8M360.2M
Net Debt640.6M508.8M407.2M471.4M252.5M239.9M
Retained Earnings771.4M750.3M936.9M1.2B1.7B1.8B
Cash535.1M665M266.9M304.1M370.7M380.9M
Non Current Assets Total1.2B1.2B1.1B1.2B1.4B1.2B
Non Currrent Assets Other506.9M462.9M372.6M388.7M490.2M316.2M
Cash And Short Term Investments535.1M665M266.9M304.1M370.7M396.0M
Net Receivables401.9M381.2M507.7M547.5M547.8M551.8M
Common Stock Shares Outstanding71.8M70.1M70.9M69.4M68.3M77.9M
Liabilities And Stockholders Equity3.2B3.0B2.9B3.1B3.6B3.4B
Non Current Liabilities Total1.4B1.4B844M938.3M824M1.3B
Inventory847.7M610.4M813.5M988.4M1.2B973.1M
Other Current Assets1.5B222M179.7M227.3M140.7M133.7M
Other Stockholder Equity417.6M378.7M400.3M321.3M283.7M401.8M
Total Liab2.3B2.1B1.8B1.9B1.9B2.4B
Property Plant And Equipment Gross389.4M406M429.6M848.7M995M1.0B
Total Current Assets2.0B1.9B1.8B2.0B2.2B2.1B
Accumulated Other Comprehensive Income(257.5M)(208.4M)(228.5M)(341.6M)(287.1M)(272.7M)
Short Term Debt6.9M32.4M25.8M1.9M2.8M2.7M
Accounts Payable508.1M369.9M537.7M624.6M702.6M566.7M
Intangible Assets9.7M8.3M13.4M17.4M15.7M14.9M
Other Liab117.4M220.8M175.5M101.9M91.7M87.1M
Other Assets384M464M666.1M690.5M794.1M595.4M
Long Term Debt1.2B1.2B668.5M773.6M620.4M1.0B
Good Will269.9M275.4M280.1M284.4M294.6M482.2M
Treasury Stock(406.8M)(459.2M)(459.7M)(560.3M)(504.3M)(529.5M)
Property Plant Equipment389.4M406.6M429.6M465.6M535.4M514.2M
Current Deferred Revenue(508.1M)(369.9M)(537.7M)135.6M122.0M128.1M
Net Tangible Assets652.7M921.5M1.1B879.4M1.0B894.7M
Retained Earnings Total Equity771.4M750.3M936.9M1.2B1.1B1.1B
Long Term Debt Total1.2B1.2B668.5M773.6M696.2M1.2B

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