Danaher Common Stock vs Other Current Liab Analysis

DHR Stock  USD 261.38  4.58  1.78%   
Danaher financial indicator trend analysis is much more than just examining Danaher latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaher is a good investment. Please check the relationship between Danaher Common Stock and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Common Stock vs Other Current Liab

Common Stock vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaher Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Danaher's Common Stock and Other Current Liab is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Danaher, assuming nothing else is changed. The correlation between historical values of Danaher's Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Danaher are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., Danaher's Common Stock and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Other Current Liab

Most indicators from Danaher's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaher 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.At this time, Danaher's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Enterprise Value Over EBITDA is likely to grow to 24.92, while Tax Provision is likely to drop slightly above 828.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit18.0B18.9B14.0B14.7B
Total Revenue29.5B31.5B14.0B10.5B

Danaher fundamental ratios Correlations

0.930.890.930.980.950.80.960.440.980.90.440.810.60.930.890.940.960.960.880.710.370.970.60.650.66
0.930.790.810.850.790.770.820.580.890.810.580.650.480.980.720.80.860.980.730.770.340.890.490.550.56
0.890.790.90.840.850.750.810.270.880.760.270.910.750.850.920.930.780.890.710.590.140.880.80.760.77
0.930.810.90.920.950.810.920.240.940.80.240.890.710.820.940.940.880.880.840.560.520.920.680.720.73
0.980.850.840.920.970.750.990.380.970.920.380.790.570.840.90.950.990.880.940.650.410.940.530.610.62
0.950.790.850.950.970.780.970.250.960.860.250.840.650.780.940.950.950.840.930.560.470.920.570.660.67
0.80.770.750.810.750.780.73-0.070.880.69-0.070.650.390.780.740.780.730.810.730.220.40.910.530.470.48
0.960.820.810.920.990.970.730.350.960.880.350.810.610.810.90.930.970.850.920.640.460.920.540.630.64
0.440.580.270.240.380.25-0.070.350.270.381.00.190.250.550.180.250.410.50.210.930.020.240.10.260.26
0.980.890.880.940.970.960.880.960.270.890.270.810.570.880.90.950.950.920.910.570.410.990.590.620.63
0.90.810.760.80.920.860.690.880.380.890.380.650.360.790.810.910.930.810.950.620.280.880.450.420.43
0.440.580.270.240.380.25-0.070.351.00.270.380.190.250.550.180.250.410.50.210.930.020.240.10.260.26
0.810.650.910.890.790.840.650.810.190.810.650.190.890.730.960.880.70.780.680.540.180.770.880.850.85
0.60.480.750.710.570.650.390.610.250.570.360.250.890.560.780.650.470.610.40.530.130.520.830.950.95
0.930.980.850.820.840.780.780.810.550.880.790.550.730.560.760.820.820.990.690.760.230.890.610.620.63
0.890.720.920.940.90.940.740.90.180.90.810.180.960.780.760.970.830.820.840.540.280.870.780.770.78
0.940.80.930.940.950.950.780.930.250.950.910.250.880.650.820.970.910.870.90.580.280.930.690.670.68
0.960.860.780.880.990.950.730.970.410.950.930.410.70.470.820.830.910.860.940.660.470.920.410.520.54
0.960.980.890.880.880.840.810.850.50.920.810.50.780.610.990.820.870.860.750.740.30.930.640.660.67
0.880.730.710.840.940.930.730.920.210.910.950.210.680.40.690.840.90.940.750.480.460.870.410.440.45
0.710.770.590.560.650.560.220.640.930.570.620.930.540.530.760.540.580.660.740.480.110.530.40.530.53
0.370.340.140.520.410.470.40.460.020.410.280.020.180.130.230.280.280.470.30.460.110.38-0.10.150.16
0.970.890.880.920.940.920.910.920.240.990.880.240.770.520.890.870.930.920.930.870.530.380.580.590.6
0.60.490.80.680.530.570.530.540.10.590.450.10.880.830.610.780.690.410.640.410.4-0.10.580.860.86
0.650.550.760.720.610.660.470.630.260.620.420.260.850.950.620.770.670.520.660.440.530.150.590.861.0
0.660.560.770.730.620.670.480.640.260.630.430.260.850.950.630.780.680.540.670.450.530.160.60.861.0
Click cells to compare fundamentals

Danaher Account Relationship Matchups

Danaher fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.1B76.2B83.2B84.4B84.5B88.7B
Short Long Term Debt Total21.7B21.2B22.2B19.7B19.5B20.5B
Other Current Liab2.5B4.1B4.0B3.9B3.2B3.3B
Total Current Liabilities4.9B7.4B8.1B8.4B8.3B8.7B
Total Stockholder Equity30.3B39.8B45.2B50.1B53.5B56.2B
Property Plant And Equipment Net2.3B3.3B3.8B4.0B4.6B4.8B
Net Debt1.8B15.2B19.6B13.7B13.7B14.4B
Retained Earnings24.2B27.2B32.8B39.2B41.1B43.1B
Cash19.9B6.0B2.6B6.0B5.9B6.2B
Non Current Assets Total36.5B62.4B71.5B68.5B70.6B74.1B
Non Currrent Assets Other1.7B2.4B3.7B4.5B3.6B3.8B
Cash And Short Term Investments19.9B6.0B2.6B6.0B5.9B6.2B
Net Receivables3.2B4.0B4.6B4.9B3.9B4.1B
Common Stock Shares Outstanding725.5M718.7M736.8M737.1M743.1M669.1M
Liabilities And Stockholders Equity62.1B76.2B83.2B84.4B84.5B88.7B
Non Current Liabilities Total26.9B29.0B29.9B25.9B22.7B23.9B
Inventory1.6B2.3B2.8B3.1B2.6B2.7B
Other Current Assets864.6M1.4B1.7B1.9B1.6B1.6B
Other Stockholder Equity7.6B9.7B10.1B12.1B14.2B14.9B
Total Liab31.8B36.4B38.0B34.3B31.0B32.5B
Property Plant And Equipment Gross2.3B3.3B7.3B7.8B8.4B8.8B
Total Current Assets25.6B13.8B11.6B15.9B13.9B14.6B
Accumulated Other Comprehensive Income(3.1B)(368M)(1.0B)(2.9B)(1.7B)(1.7B)
Short Term Debt212.4M11M8M591M1.9B2.0B
Intangible Assets9.7B21.3B22.8B20.3B20.7B21.8B
Other Liab4.7B7.8B7.7B5.9B6.8B3.8B
Other Assets923.4M2.4B3.7B4.5B5.1B5.4B
Long Term Debt21.5B21.2B22.2B19.1B16.7B17.5B
Good Will22.7B35.4B41.2B39.8B41.6B43.7B
Property Plant Equipment2.3B3.3B3.8B4.0B4.5B4.8B
Current Deferred Revenue687.8M1.2B1.6B1.6B1.5B987.2M
Noncontrolling Interest In Consolidated Entity11.3M11M10M8M7.2M6.8M
Retained Earnings Total Equity24.2B27.2B32.8B39.2B45.1B47.3B

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Additional Tools for Danaher Stock Analysis

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