Becton Property Plant And Equipment Gross vs Intangible Assets Analysis

BDX Stock  USD 238.84  6.87  2.96%   
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 Property Plant And Equipment Gross and its Intangible 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.

Property Plant And Equipment Gross vs Intangible Assets

Property Plant And Equipment Gross vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Property Plant And Equipment Gross account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Becton Dickinson's Property Plant And Equipment Gross and Intangible Assets is -0.03. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Intangible 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 Property Plant And Equipment Gross and Intangible 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 Property Plant And Equipment Gross of Becton Dickinson and are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Becton Dickinson's Property Plant And Equipment Gross and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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