XRAY Stock | | | USD 19.52 0.75 4.00% |
Dentsply Sirona financial indicator trend analysis is much more than just examining Dentsply Sirona latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dentsply Sirona is a good investment. Please check the relationship between Dentsply Sirona Net Receivables and its Long Term Investments accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Dentsply Stock please use our
How to Invest in Dentsply Sirona guide.
Net Receivables vs Long Term Investments
Net Receivables vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dentsply Sirona Net Receivables account and
Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dentsply Sirona's Net Receivables and Long Term Investments is 0.77. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Dentsply Sirona, assuming nothing else is changed. The correlation between historical values of Dentsply Sirona's Net Receivables and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Dentsply Sirona are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., Dentsply Sirona's Net Receivables and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Long Term Investments
Long Term Investments is an item on the asset side of Dentsply Sirona balance sheet that represents investments Dentsply Sirona intends to hold for over a year. Dentsply Sirona long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Dentsply Sirona's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dentsply Sirona 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Dentsply Stock please use our
How to Invest in Dentsply Sirona guide.At this time, Dentsply Sirona's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 43.04 in 2024, whereas
Selling General Administrative is likely to drop slightly above 975.9
M in 2024.
Dentsply Sirona fundamental ratios Correlations
Click cells to compare fundamentals
Dentsply Sirona Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dentsply Sirona fundamental ratios Accounts
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Additional Tools for Dentsply Stock Analysis
When running Dentsply Sirona's price analysis, check to
measure Dentsply Sirona'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 Dentsply Sirona is operating at the current time. Most of Dentsply Sirona's value examination focuses on studying past and present price action to
predict the probability of Dentsply Sirona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsply Sirona's price. Additionally, you may evaluate how the addition of Dentsply Sirona to your portfolios can decrease your overall portfolio volatility.