Cooper Intangible Assets vs Total Current Liabilities Analysis

COO Stock  USD 94.83  0.45  0.48%   
Cooper Companies financial indicator trend analysis is way more than just evaluating Cooper Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Companies is a good investment. Please check the relationship between Cooper Companies Intangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Companies Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cooper Companies' Intangible Assets and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of The Cooper Companies, assuming nothing else is changed. The correlation between historical values of Cooper Companies' Intangible Assets 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 Intangible Assets of The Cooper Companies 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 Intangible Assets i.e., Cooper Companies' Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

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

Total Current Liabilities

Total Current Liabilities is an item on Cooper Companies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Cooper Companies 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 Cooper Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Companies 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 The Cooper Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Cooper Companies' Selling General Administrative is very stable compared to the past year. As of the 10th of June 2024, Tax Provision is likely to grow to about 112.2 M, while Sales General And Administrative To Revenue is likely to drop 0.31.
 2021 2022 2023 2024 (projected)
Interest Expense57.3M105.3M94.8M99.5M
Depreciation And Amortization204.5M186.2M214.1M224.8M

Cooper Companies fundamental ratios Correlations

0.940.870.870.990.940.930.990.621.00.910.620.990.880.970.970.980.250.970.930.990.090.930.970.530.54
0.940.870.910.880.91.00.90.590.940.820.590.940.830.980.930.950.240.990.810.940.260.950.930.530.53
0.870.870.860.840.940.870.840.480.860.620.480.90.890.830.890.890.390.870.80.90.30.90.840.660.66
0.870.910.860.820.870.910.830.590.860.720.590.890.930.850.860.860.240.910.710.870.560.910.860.530.53
0.990.880.840.820.930.881.00.60.990.90.60.980.870.930.960.960.250.930.940.980.020.880.950.520.53
0.940.90.940.870.930.90.920.490.940.780.490.960.90.90.970.930.380.920.910.960.180.870.940.660.67
0.931.00.870.910.880.90.890.560.930.810.560.940.820.980.930.940.260.990.810.930.270.950.930.550.55
0.990.90.840.831.00.920.890.660.990.910.660.980.890.940.950.960.190.940.940.980.050.90.950.470.47
0.620.590.480.590.60.490.560.660.610.651.00.620.630.610.540.63-0.330.620.550.630.130.650.58-0.08-0.08
1.00.940.860.860.990.940.930.990.610.910.610.990.880.970.970.980.250.970.920.990.080.920.970.520.53
0.910.820.620.720.90.780.810.910.650.910.650.890.750.90.870.890.060.880.890.89-0.10.80.920.30.31
0.620.590.480.590.60.490.560.661.00.610.650.620.630.610.540.63-0.330.620.550.630.130.650.58-0.08-0.08
0.990.940.90.890.980.960.940.980.620.990.890.620.920.960.980.990.250.970.941.00.130.940.970.530.54
0.880.830.890.930.870.90.820.890.630.880.750.630.920.810.870.870.150.860.830.90.380.880.850.450.45
0.970.980.830.850.930.90.980.940.610.970.90.610.960.810.950.980.220.990.870.960.090.940.960.490.5
0.970.930.890.860.960.970.930.950.540.970.870.540.980.870.950.970.350.950.930.990.110.890.980.630.64
0.980.950.890.860.960.930.940.960.630.980.890.630.990.870.980.970.250.970.920.990.070.960.970.530.53
0.250.240.390.240.250.380.260.19-0.330.250.06-0.330.250.150.220.350.250.230.190.270.070.180.320.930.93
0.970.990.870.910.930.920.990.940.620.970.880.620.970.860.990.950.970.230.860.960.210.960.960.520.52
0.930.810.80.710.940.910.810.940.550.920.890.550.940.830.870.930.920.190.860.94-0.120.80.90.450.46
0.990.940.90.870.980.960.930.980.630.990.890.631.00.90.960.990.990.270.960.940.110.930.970.560.56
0.090.260.30.560.020.180.270.050.130.08-0.10.130.130.380.090.110.070.070.21-0.120.110.260.10.20.2
0.930.950.90.910.880.870.950.90.650.920.80.650.940.880.940.890.960.180.960.80.930.260.90.460.47
0.970.930.840.860.950.940.930.950.580.970.920.580.970.850.960.980.970.320.960.90.970.10.90.590.6
0.530.530.660.530.520.660.550.47-0.080.520.3-0.080.530.450.490.630.530.930.520.450.560.20.460.591.0
0.540.530.660.530.530.670.550.47-0.080.530.31-0.080.540.450.50.640.530.930.520.460.560.20.470.61.0
Click cells to compare fundamentals

Cooper Companies Account Relationship Matchups

Cooper Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B9.6B11.5B11.7B13.4B14.1B
Short Long Term Debt Total2.0B1.7B2.8B2.6B3.0B3.1B
Other Current Liab595.1M649.2M525.2M538.1M618.8M649.8M
Total Current Liabilities1.0B732.1M1.3B969M1.1B1.2B
Total Stockholder Equity3.8B6.9B7.2B7.6B8.7B9.1B
Property Plant And Equipment Net1.5B1.6B1.4B1.6B1.9B2.0B
Net Debt1.9B1.6B2.6B2.4B2.8B3.0B
Retained Earnings3.3B6.2B6.6B6.9B7.9B8.3B
Cash115.9M95.9M138.2M120.8M138.9M145.9M
Non Current Assets Total5.5B8.1B10.0B10.0B11.4B12.0B
Non Currrent Assets Other104.8M127M463.4M637.1M732.7M769.3M
Cash And Short Term Investments115.9M95.9M138.2M120.8M138.9M145.9M
Net Receivables435.4M515.3M557.8M609.7M701.2M736.2M
Common Stock Shares Outstanding200M198.4M199.2M198.8M229.1M240.5M
Liabilities And Stockholders Equity6.7B9.6B11.5B11.7B13.4B14.1B
Non Current Liabilities Total1.9B1.9B3.0B3.1B3.6B3.8B
Inventory570.4M585.6M628.7M735.6M845.9M888.2M
Other Current Assets152.5M179.3M208.9M238.8M274.6M288.4M
Other Stockholder Equity1.0B1.1B1.1B1.1B1.3B694.7M
Total Liab2.9B2.7B4.3B4.1B4.7B5.0B
Property Plant And Equipment Gross1.5B2.7B1.4B3.2B3.7B3.8B
Total Current Assets1.3B1.5B1.5B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(472M)(341.3M)(466.8M)(453.8M)(408.4M)(388.0M)
Short Term Debt409.3M82.9M412.6M45.4M52.2M96.7M
Intangible Assets1.3B1.3B1.9B1.7B2.0B2.1B
Accounts Payable176M161.4M248.8M261.9M301.2M316.2M
Other Liab271.1M304.3M686.6M615.1M707.4M742.7M
Other Assets184.9M2.7B3.0B3.0B3.4B3.6B
Long Term Debt1.4B1.4B2.4B2.5B2.9B3.0B
Good Will2.4B2.6B3.6B3.6B4.2B4.4B
Property Plant Equipment1.3B1.6B1.4B1.6B1.9B2.0B
Current Deferred Revenue(176M)(161.4M)93.6M123.6M111.2M116.8M
Net Tangible Assets88.3M3.1B1.7B2.2B2.5B2.7B
Retained Earnings Total Equity3.0B3.3B6.2B6.6B7.6B8.0B

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Additional Information and Resources on Investing in Cooper Stock

When determining whether Cooper Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cooper Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Cooper Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Cooper Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cooper Companies. If investors know Cooper will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cooper Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.2
Dividend Share
0.008
Earnings Share
1.7
Revenue Per Share
18.803
Quarterly Revenue Growth
0.074
The market value of Cooper Companies is measured differently than its book value, which is the value of Cooper that is recorded on the company's balance sheet. Investors also form their own opinion of Cooper Companies' value that differs from its market value or its book value, called intrinsic value, which is Cooper Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cooper Companies' market value can be influenced by many factors that don't directly affect Cooper Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cooper Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cooper Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cooper Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.