Teleflex Common Stock vs Non Current Assets Total Analysis

TFX Stock  USD 194.64  2.93  1.53%   
Teleflex Incorporated financial indicator trend analysis is much more than just breaking down Teleflex Incorporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teleflex Incorporated is a good investment. Please check the relationship between Teleflex Incorporated Common Stock and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teleflex 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 census.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teleflex Incorporated Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Teleflex Incorporated's Common Stock and Non Current Assets Total is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Teleflex Incorporated, assuming nothing else is changed. The correlation between historical values of Teleflex Incorporated's Common Stock and Non Current Assets 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 Common Stock of Teleflex Incorporated are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Teleflex Incorporated's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Teleflex Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teleflex Incorporated 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 Teleflex 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 census.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.At this time, Teleflex Incorporated's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 17.78 in 2024, whereas Selling General Administrative is likely to drop slightly above 508.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.8B2.8B3.0B1.8B
Depreciation And Amortization237.4M230.6M242.1M254.2M

Teleflex Incorporated fundamental ratios Correlations

0.940.820.620.950.90.920.940.11.00.530.10.890.720.890.860.820.960.770.73-0.110.940.980.830.660.81
0.940.760.60.780.860.980.780.120.940.250.120.850.710.970.80.710.820.90.69-0.130.850.970.760.470.77
0.820.760.390.820.780.80.81-0.20.840.32-0.20.640.40.690.680.770.830.560.43-0.30.870.840.480.640.44
0.620.60.390.540.710.550.560.290.590.330.290.70.880.50.720.360.610.660.710.60.580.60.750.180.75
0.950.780.820.540.860.781.00.020.940.670.020.80.630.70.810.850.990.550.64-0.110.930.890.760.770.72
0.90.860.780.710.860.840.860.140.90.380.140.940.770.790.970.80.890.820.82-0.070.940.880.830.470.79
0.920.980.80.550.780.840.77-0.070.940.24-0.070.80.630.950.770.680.820.850.58-0.160.850.970.670.540.66
0.940.780.810.561.00.860.770.040.940.650.040.80.660.690.820.840.990.550.65-0.090.920.880.770.760.73
0.10.12-0.20.290.020.14-0.070.040.030.041.00.320.430.170.20.180.040.30.640.150.030.00.46-0.390.55
1.00.940.840.590.940.90.940.940.030.50.030.870.690.890.840.810.960.760.68-0.140.950.990.790.680.77
0.530.250.320.330.670.380.240.650.040.50.040.430.280.210.440.490.610.070.390.170.50.40.530.650.46
0.10.12-0.20.290.020.14-0.070.041.00.030.040.320.430.170.20.180.040.30.640.150.030.00.46-0.390.55
0.890.850.640.70.80.940.80.80.320.870.430.320.810.840.960.730.840.880.92-0.070.90.850.940.410.91
0.720.710.40.880.630.770.630.660.430.690.280.430.810.640.790.450.710.740.810.40.650.70.890.220.9
0.890.970.690.50.70.790.950.690.170.890.210.170.840.640.750.660.740.910.69-0.240.80.920.740.410.76
0.860.80.680.720.810.970.770.820.20.840.440.20.960.790.750.730.840.830.88-0.030.910.830.890.430.83
0.820.710.770.360.850.80.680.840.180.810.490.180.730.450.660.730.820.550.67-0.320.810.750.610.530.59
0.960.820.830.610.990.890.820.990.040.960.610.040.840.710.740.840.820.620.68-0.050.940.920.80.730.76
0.770.90.560.660.550.820.850.550.30.760.070.30.880.740.910.830.550.620.8-0.080.740.810.780.150.79
0.730.690.430.710.640.820.580.650.640.680.390.640.920.810.690.880.670.680.80.060.720.650.920.150.93
-0.11-0.13-0.30.6-0.11-0.07-0.16-0.090.15-0.140.170.15-0.070.4-0.24-0.03-0.32-0.05-0.080.06-0.22-0.130.13-0.140.16
0.940.850.870.580.930.940.850.920.030.950.50.030.90.650.80.910.810.940.740.72-0.220.920.790.630.74
0.980.970.840.60.890.880.970.880.00.990.40.00.850.70.920.830.750.920.810.65-0.130.920.760.630.75
0.830.760.480.750.760.830.670.770.460.790.530.460.940.890.740.890.610.80.780.920.130.790.760.40.97
0.660.470.640.180.770.470.540.76-0.390.680.65-0.390.410.220.410.430.530.730.150.15-0.140.630.630.40.29
0.810.770.440.750.720.790.660.730.550.770.460.550.910.90.760.830.590.760.790.930.160.740.750.970.29
Click cells to compare fundamentals

Teleflex Incorporated Account Relationship Matchups

Teleflex Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.2B6.9B6.9B7.5B7.9B
Short Long Term Debt Total2.0B2.6B2.0B1.8B1.9B2.0B
Other Current Liab181.5M319.6M367.9M342.4M345.5M362.8M
Total Current Liabilities563.1M540.0M680.1M581.5M606.7M416.5M
Total Stockholder Equity3.0B3.3B3.8B4.0B4.4B4.7B
Property Plant And Equipment Net543.9M574.5M573.4M578.4M603.4M395.2M
Net Debt1.7B2.2B1.5B1.5B1.7B1.8B
Retained Earnings2.8B3.1B3.5B3.8B4.1B4.3B
Cash301.1M375.9M445.1M292.0M222.8M194.4M
Non Current Assets Total5.0B5.7B5.4B5.5B6.1B6.4B
Non Currrent Assets Other34.9M40.9M59.5M77.5M98.9M103.9M
Cash And Short Term Investments301.1M375.9M445.1M292.0M222.8M194.4M
Net Receivables418.7M395.1M383.6M408.8M443.5M306.2M
Common Stock Shares Outstanding47.1M47.3M47.4M47.3M47.3M43.8M
Liabilities And Stockholders Equity6.3B7.2B6.9B6.9B7.5B7.9B
Non Current Liabilities Total2.8B3.3B2.4B2.3B2.5B2.6B
Inventory476.6M513.2M477.6M578.5M626.2M327.6M
Other Current Assets97.9M138.3M122.8M131.6M114.9M120.6M
Other Stockholder Equity451.3M489.7M535.8M560.2M597.6M627.5M
Total Liab3.3B3.8B3.1B2.9B3.1B1.6B
Total Current Assets1.3B1.4B1.4B1.4B1.4B892.1M
Short Term Debt50M100.5M110M87.5M100.6M110.8M
Accounts Payable102.9M102.5M118.2M126.8M132.2M108.1M
Intangible Assets2.2B2.5B2.3B2.3B2.5B2.6B
Common Stock Total Equity47.5M47.8M47.9M48.0M55.2M44.9M
Property Plant And Equipment Gross543.9M473.9M443.8M447.2M1.2B1.2B
Accumulated Other Comprehensive Income(344.4M)(297.3M)(347.0M)(403.5M)(314.4M)(298.7M)
Common Stock47.5M47.8M47.9M48.0M48.0M45.2M
Other Liab807.1M812.1M580.7M580.1M667.2M439.9M
Other Assets45.0M150.5M75.9M95.8M86.2M69.8M
Long Term Debt1.9B2.4B1.7B1.6B1.7B1.2B
Property Plant Equipment430.7M473.9M573.4M578.4M520.6M343.5M
Current Deferred Revenue228.7M283.1M396.3M41.5M47.7M45.3M
Good Will2.2B2.6B2.5B2.5B2.9B1.6B
Treasury Stock(165.7M)(162.6M)(157.3M)(154.9M)(139.4M)(146.4M)
Net Tangible Assets(1.4B)(1.8B)(1.0B)(820.9M)(738.8M)(775.8M)
Retained Earnings Total Equity2.8B3.1B3.5B3.8B4.4B2.6B
Short Term Investments21.6M20.1M21.7M48.5M16.9M11.3M

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