Ecolab Non Current Assets Total vs Cash Analysis
ECL Stock | USD 232.20 3.50 1.53% |
Ecolab financial indicator trend analysis is much more than just examining Ecolab Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecolab Inc is a good investment. Please check the relationship between Ecolab Non Current Assets Total and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecolab Inc Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Ecolab's Non Current Assets Total and Cash is 0.09. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Ecolab Inc, assuming nothing else is changed. The correlation between historical values of Ecolab's Non Current Assets Total and Cash 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 Current Assets Total of Ecolab Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Ecolab's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash
Cash refers to the most liquid asset of Ecolab Inc, which is listed under current asset account on Ecolab Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ecolab customers. The amounts must be unrestricted with restricted cash listed in a different Ecolab account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Ecolab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecolab Inc 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 Ecolab Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Ecolab's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 64.1 B this year, although the value of Selling General Administrative will most likely fall to about 2.8 B.
2021 | 2023 | 2024 (projected) | Interest Expense | 218.3M | 354.7M | 372.4M | Depreciation And Amortization | 843.1M | 923.6M | 969.8M |
Ecolab fundamental ratios Correlations
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Ecolab Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ecolab fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.9B | 18.1B | 21.2B | 21.5B | 21.8B | 22.9B | |
Short Long Term Debt Total | 6.8B | 7.0B | 9.0B | 8.9B | 8.7B | 9.2B | |
Other Current Liab | 2.0B | 1.7B | 1.7B | 1.9B | 1.9B | 2.0B | |
Total Current Liabilities | 3.6B | 2.9B | 3.6B | 4.2B | 4.3B | 4.6B | |
Total Stockholder Equity | 8.7B | 6.2B | 7.2B | 7.2B | 8.0B | 8.4B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.7B | 3.7B | 4.0B | 4.2B | |
Net Debt | 6.7B | 5.7B | 8.7B | 8.3B | 7.8B | 8.2B | |
Retained Earnings | 10.0B | 8.2B | 8.8B | 9.3B | 10.1B | 10.6B | |
Cash | 118.8M | 1.3B | 359.9M | 598.6M | 919.5M | 965.5M | |
Non Current Assets Total | 16.0B | 13.0B | 16.5B | 16.0B | 16.2B | 17.0B | |
Non Currrent Assets Other | 3.7B | 476M | 546M | 382.5M | 389.8M | 447.4M | |
Cash And Short Term Investments | 118.8M | 1.3B | 359.9M | 598.6M | 919.5M | 965.5M | |
Net Receivables | 2.5B | 2.3B | 2.5B | 2.7B | 3.0B | 3.2B | |
Common Stock Shares Outstanding | 292.5M | 287M | 289.1M | 286.6M | 286.5M | 286.2M | |
Liabilities And Stockholders Equity | 20.9B | 18.1B | 21.2B | 21.5B | 21.8B | 22.9B | |
Non Current Liabilities Total | 8.5B | 9.0B | 10.4B | 10.0B | 9.4B | 9.9B | |
Inventory | 1.1B | 1.3B | 1.5B | 1.8B | 1.5B | 1.6B | |
Other Current Assets | 33.1M | 298.2M | 357M | 404.7M | 206.3M | 133.3M | |
Other Stockholder Equity | 421.7M | (444.7M) | (319.6M) | (720.8M) | (546.0M) | (518.7M) | |
Total Liab | 12.1B | 11.9B | 14.0B | 14.2B | 13.8B | 14.5B | |
Total Current Assets | 4.8B | 5.1B | 4.7B | 5.5B | 5.6B | 5.9B | |
Short Term Debt | 502.6M | 17.3M | 411M | 505.1M | 756.5M | 398.2M | |
Intangible Assets | 2.9B | 3.0B | 4.2B | 3.7B | 3.5B | 1.8B | |
Accounts Payable | 1.1B | 1.2B | 1.4B | 1.7B | 1.6B | 1.6B | |
Property Plant And Equipment Gross | 4.5B | 3.5B | 3.7B | 3.7B | 8.2B | 8.6B | |
Accumulated Other Comprehensive Income | (2.1B) | (2.0B) | (1.6B) | (1.7B) | (1.9B) | (1.8B) | |
Common Stock Total Equity | 359.6M | 362.6M | 364.1M | 364.7M | 419.4M | 347.6M | |
Common Stock | 359.6M | 362.6M | 364.1M | 364.7M | 365.7M | 342.4M | |
Other Liab | 2.1B | 2.0B | 1.8B | 1.6B | 1.8B | 1.3B | |
Other Assets | 584.1M | 476M | 546M | 535.1M | 1.0 | 0.95 | |
Long Term Debt | 6.0B | 6.7B | 8.3B | 8.1B | 7.6B | 4.1B | |
Treasury Stock | (5.5B) | (6.7B) | (6.8B) | (7.3B) | (6.6B) | (6.2B) | |
Property Plant Equipment | 4.0B | 3.1B | 3.7B | 3.7B | 4.3B | 2.3B | |
Good Will | 5.6B | 6.0B | 8.1B | 8.0B | 8.1B | 4.7B | |
Net Tangible Assets | (2.2B) | (2.8B) | (5.1B) | (4.5B) | (4.0B) | (4.2B) | |
Current Deferred Revenue | 76.7M | 80.4M | 91.7M | 116.5M | 110.9M | 105.4M | |
Noncontrolling Interest In Consolidated Entity | 40.5M | 35M | 28.9M | 22.5M | 20.3M | 39.4M | |
Retained Earnings Total Equity | 10.0B | 8.2B | 8.8B | 9.3B | 10.7B | 7.1B | |
Long Term Debt Total | 6.0B | 6.7B | 8.3B | 8.1B | 9.3B | 6.1B |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ecolab Inc information on this page should be used as a complementary analysis to other Ecolab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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Is Ecolab's industry 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 Ecolab. If investors know Ecolab 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 Ecolab 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 0.065 | Dividend Share 2.2 | Earnings Share 5.4 | Revenue Per Share 54.335 | Quarterly Revenue Growth 0.178 |
The market value of Ecolab Inc is measured differently than its book value, which is the value of Ecolab that is recorded on the company's balance sheet. Investors also form their own opinion of Ecolab's value that differs from its market value or its book value, called intrinsic value, which is Ecolab's 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 Ecolab's market value can be influenced by many factors that don't directly affect Ecolab's 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 Ecolab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecolab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecolab's 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.