Becton Non Currrent Assets Other vs Total Assets Analysis

BDX Stock  USD 239.51  0.67  0.28%   
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Non Currrent Assets Other and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Becton Dickinson's Non Currrent Assets Other and Total Assets is 0.34. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Becton Dickinson and are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Becton Dickinson's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of Becton Dickinson assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Becton Dickinson books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Becton Dickinson's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 172.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (39.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit8.5B8.2B9.4B9.9B
Total Revenue18.9B19.4B22.3B23.4B

Becton Dickinson fundamental ratios Correlations

0.940.890.960.980.940.920.770.020.990.34-0.030.960.330.960.940.750.920.980.810.540.630.470.930.530.76
0.940.720.870.840.830.880.70.230.890.30.180.880.230.990.80.530.790.980.60.650.640.60.760.550.59
0.890.720.810.950.890.740.67-0.060.890.5-0.110.890.420.780.880.80.920.80.870.420.340.220.930.380.83
0.960.870.810.940.930.930.81-0.150.970.19-0.20.940.260.890.950.790.850.930.840.40.760.440.920.550.73
0.980.840.950.940.950.870.76-0.060.970.35-0.110.950.370.880.960.830.950.910.880.470.570.330.970.460.83
0.940.830.890.930.950.820.920.010.920.4-0.030.990.080.860.980.770.80.90.890.570.520.260.910.660.79
0.920.880.740.930.870.820.65-0.250.960.25-0.30.880.340.910.840.70.840.930.650.250.790.610.80.470.6
0.770.70.670.810.760.920.650.090.720.270.080.89-0.270.710.90.630.520.750.790.610.470.110.720.80.64
0.020.23-0.06-0.15-0.060.01-0.250.09-0.140.091.0-0.02-0.230.17-0.09-0.37-0.120.1-0.120.83-0.330.0-0.10.18-0.03
0.990.890.890.970.970.920.960.72-0.140.32-0.190.950.40.930.930.790.940.960.80.390.680.490.930.470.75
0.340.30.50.190.350.40.250.270.090.320.080.43-0.010.340.320.180.330.320.310.26-0.18-0.180.310.110.39
-0.030.18-0.11-0.2-0.11-0.03-0.30.081.0-0.190.08-0.06-0.290.11-0.13-0.39-0.180.05-0.160.8-0.37-0.04-0.150.19-0.07
0.960.880.890.940.950.990.880.89-0.020.950.43-0.060.130.910.970.750.830.930.850.540.570.340.90.640.77
0.330.230.420.260.370.080.34-0.27-0.230.4-0.01-0.290.130.270.150.30.630.270.22-0.180.170.350.42-0.330.33
0.960.990.780.890.880.860.910.710.170.930.340.110.910.270.830.570.840.990.640.610.610.60.80.550.63
0.940.80.880.950.960.980.840.9-0.090.930.32-0.130.970.150.830.810.830.880.920.480.590.230.940.590.82
0.750.530.80.790.830.770.70.63-0.370.790.18-0.390.750.30.570.810.770.630.790.140.60.20.790.380.69
0.920.790.920.850.950.80.840.52-0.120.940.33-0.180.830.630.840.830.770.860.760.330.530.420.920.230.77
0.980.980.80.930.910.90.930.750.10.960.320.050.930.270.990.880.630.860.70.580.660.580.850.560.66
0.810.60.870.840.880.890.650.79-0.120.80.31-0.160.850.220.640.920.790.760.70.40.41-0.030.940.410.84
0.540.650.420.40.470.570.250.610.830.390.260.80.54-0.180.610.480.140.330.580.40.050.120.420.520.41
0.630.640.340.760.570.520.790.47-0.330.68-0.18-0.370.570.170.610.590.60.530.660.410.050.520.50.340.32
0.470.60.220.440.330.260.610.110.00.49-0.18-0.040.340.350.60.230.20.420.58-0.030.120.520.250.32-0.01
0.930.760.930.920.970.910.80.72-0.10.930.31-0.150.90.420.80.940.790.920.850.940.420.50.250.370.85
0.530.550.380.550.460.660.470.80.180.470.110.190.64-0.330.550.590.380.230.560.410.520.340.320.370.38
0.760.590.830.730.830.790.60.64-0.030.750.39-0.070.770.330.630.820.690.770.660.840.410.32-0.010.850.38
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Becton Dickinson Account Relationship Matchups

Becton Dickinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.0B53.9B52.9B52.8B60.7B63.7B
Short Long Term Debt Total17.9B17.6B16.1B15.9B18.3B19.2B
Other Current Liab5.1B6.1B3.9B5.5B6.3B6.6B
Total Current Liabilities5.8B6.6B7.8B6.6B7.6B8.0B
Total Stockholder Equity23.8B23.7B25.3B25.8B29.7B31.1B
Property Plant And Equipment Net5.9B6.4B6.0B6.6B7.5B7.9B
Net Debt15.1B15.3B15.1B14.5B16.6B17.5B
Retained Earnings12.8B13.8B15.2B15.5B17.9B18.8B
Cash2.8B2.3B1.0B1.4B1.6B1.2B
Non Current Assets Total45.0B45.0B44.8B44.1B50.7B53.3B
Non Currrent Assets Other1.7B2.0B(3.4B)2.1B2.4B2.5B
Cash And Short Term Investments2.8B2.3B1.0B1.4B1.6B1.3B
Net Receivables2.4B2.5B2.2B2.5B2.9B3.1B
Common Stock Shares Outstanding282.4M292.1M287.4M288.4M259.6M214.9M
Liabilities And Stockholders Equity54.0B53.9B52.9B52.8B60.7B63.7B
Non Current Liabilities Total24.4B23.6B19.8B20.3B23.4B24.6B
Inventory2.7B2.9B3.2B3.3B3.8B4.0B
Other Current Assets891M1.1B1.7B1.4B1.6B1.7B
Other Stockholder Equity13.2B11.6B11.3B11.4B13.2B13.8B
Total Liab30.2B30.2B27.6B27.0B31.0B32.6B
Property Plant And Equipment Gross5.9B12.9B12.4B13.6B15.6B16.4B
Total Current Assets9.0B8.8B8.1B8.7B10.0B10.5B
Accumulated Other Comprehensive Income(2.5B)(2.1B)(1.5B)(1.5B)(1.4B)(1.5B)
Short Term Debt707M500M2.2B1.1B1.3B1.4B
Intangible Assets13.8B12.8B12.3B552M634.8M603.1M
Accounts Payable1.4B1.8B1.7B1.6B1.9B2.0B
Short Term Investments30M20M12M8M9.2M8.7M
Other Liab6.9B6.5B5.9B5.2B6.0B6.3B
Long Term Debt17.2B17.1B13.9B14.7B16.9B17.8B
Good Will23.6B23.9B24.6B24.5B28.2B29.6B
Treasury Stock(6.2B)(6.1B)(7.7B)(8.3B)(7.5B)(7.9B)
Property Plant Equipment5.9B6.4B6.0B6.6B7.5B4.0B
Current Deferred Revenue(1.1B)(1.4B)(1.8B)(1.6B)(1.5B)(1.4B)
Net Tangible Assets(13.7B)(13.0B)(11.6B)(9.7B)(8.7B)(9.1B)
Long Term Debt Total17.2B17.1B13.9B14.7B16.9B13.8B

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