Becton Other Current Liab vs Total Current Liabilities 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 Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Becton Dickinson's Other Current Liab and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab and Total Current Liabilities 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 Liab of Becton Dickinson and are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Becton Dickinson's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Becton Dickinson balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Becton Dickinson and are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

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

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 Becton Stock Analysis

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