Element Other Current Assets vs Total Assets Analysis

ESI Stock  USD 23.92  0.17  0.72%   
Element Solutions financial indicator trend analysis is much more than just examining Element Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Element Solutions is a good investment. Please check the relationship between Element Solutions Other Current Assets and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Element Solutions Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Element Solutions' Other Current Assets and Total Assets is 0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Element Solutions, assuming nothing else is changed. The correlation between historical values of Element Solutions' Other Current Assets and Total 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 Other Current Assets of Element Solutions are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Element Solutions' Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Element Solutions assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Element Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Element Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Element Solutions 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 Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.As of now, Element Solutions' Enterprise Value Over EBITDA is increasing as compared to previous years. The Element Solutions' current Enterprise Value Multiple is estimated to increase to 18.81, while Tax Provision is projected to decrease to under 12.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit960.8M952.7M918.5M912.2M
Total Revenue2.4B2.5B2.3B2.2B

Element Solutions fundamental ratios Correlations

0.770.670.390.680.840.650.760.560.66-0.810.490.60.780.340.470.670.60.630.8-0.730.670.680.00.320.67
0.770.960.480.960.80.960.930.730.96-0.310.840.821.00.370.570.960.820.890.92-0.650.970.880.140.070.97
0.670.960.551.00.630.970.850.711.0-0.170.830.710.960.460.661.00.710.850.84-0.471.00.790.02-0.031.0
0.390.480.550.560.210.390.18-0.150.57-0.250.050.070.440.950.680.550.070.090.16-0.240.530.1-0.040.360.54
0.680.961.00.560.630.970.840.711.0-0.190.810.690.960.480.661.00.690.840.83-0.461.00.780.0-0.031.0
0.840.80.630.210.630.670.830.60.61-0.580.620.840.80.090.260.640.840.740.86-0.90.650.820.410.330.64
0.650.960.970.390.970.670.920.80.96-0.180.890.760.970.290.50.960.760.920.9-0.480.970.86-0.02-0.080.97
0.760.930.850.180.840.830.920.830.84-0.360.910.840.940.040.350.850.840.970.99-0.650.860.970.070.050.86
0.560.730.71-0.150.710.60.80.830.7-0.130.850.720.76-0.150.190.710.720.870.85-0.390.720.78-0.02-0.350.72
0.660.961.00.571.00.610.960.840.7-0.170.820.680.950.480.671.00.680.830.82-0.451.00.77-0.01-0.041.0
-0.81-0.31-0.17-0.25-0.19-0.58-0.18-0.36-0.13-0.170.0-0.18-0.32-0.23-0.17-0.17-0.18-0.17-0.410.56-0.16-0.280.18-0.57-0.16
0.490.840.830.050.810.620.890.910.850.820.00.830.85-0.10.390.830.830.980.89-0.40.840.930.11-0.110.84
0.60.820.710.070.690.840.760.840.720.68-0.180.830.81-0.080.320.711.00.880.86-0.60.720.90.510.080.72
0.781.00.960.440.960.80.970.940.760.95-0.320.850.810.330.550.960.810.910.94-0.650.970.890.090.050.97
0.340.370.460.950.480.090.290.04-0.150.48-0.23-0.1-0.080.330.610.46-0.08-0.060.03-0.160.44-0.08-0.130.20.44
0.470.570.660.680.660.260.50.350.190.67-0.170.390.320.550.610.670.320.380.38-0.210.640.330.00.290.65
0.670.961.00.551.00.640.960.850.711.0-0.170.830.710.960.460.670.710.850.84-0.471.00.790.02-0.021.0
0.60.820.710.070.690.840.760.840.720.68-0.180.831.00.81-0.080.320.710.880.86-0.60.720.90.510.080.72
0.630.890.850.090.840.740.920.970.870.83-0.170.980.880.91-0.060.380.850.880.96-0.510.860.970.11-0.050.86
0.80.920.840.160.830.860.90.990.850.82-0.410.890.860.940.030.380.840.860.96-0.690.850.960.090.060.85
-0.73-0.65-0.47-0.24-0.46-0.9-0.48-0.65-0.39-0.450.56-0.4-0.6-0.65-0.16-0.21-0.47-0.6-0.51-0.69-0.48-0.61-0.34-0.4-0.48
0.670.971.00.531.00.650.970.860.721.0-0.160.840.720.970.440.641.00.720.860.85-0.480.810.04-0.031.0
0.680.880.790.10.780.820.860.970.780.77-0.280.930.90.89-0.080.330.790.90.970.96-0.610.810.20.110.8
0.00.140.02-0.040.00.41-0.020.07-0.02-0.010.180.110.510.09-0.130.00.020.510.110.09-0.340.040.20.150.03
0.320.07-0.030.36-0.030.33-0.080.05-0.35-0.04-0.57-0.110.080.050.20.29-0.020.08-0.050.06-0.4-0.030.110.15-0.03
0.670.971.00.541.00.640.970.860.721.0-0.160.840.720.970.440.651.00.720.860.85-0.481.00.80.03-0.03
Click cells to compare fundamentals

Element Solutions Account Relationship Matchups

Element Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding260.1M249.9M247.9M245.8M241.8M228.1M
Total Assets4.3B4.5B5.1B4.9B5.0B6.6B
Short Long Term Debt Total1.5B1.5B1.9B1.9B1.9B2.2B
Other Current Liab34.1M7.1M79.2M149.2M217.3M194.0M
Total Current Liabilities293.8M314.3M415.2M344.4M369.4M440.5M
Total Stockholder Equity2.2B2.3B2.5B2.3B2.3B2.4B
Other Liab232.1M342.9M328.2M255M293.3M509.0M
Property Plant And Equipment Net264.8M240.4M278.1M277.2M296.9M315.7M
Current Deferred Revenue155.1M204.2M184.9M51.5M59.2M56.3M
Net Debt1.3B1.2B1.6B1.6B1.6B2.0B
Retained Earnings(1.5B)(1.5B)(1.3B)(1.2B)(1.2B)(1.2B)
Accounts Payable96.8M95.6M138.4M132.2M140.6M147.8M
Cash190.1M291.9M330.1M265.6M289.3M329.7M
Non Current Assets Total3.5B3.5B3.9B3.7B3.8B5.0B
Non Currrent Assets Other102.2M144.5M68.9M97.6M115.1M109.3M
Other Assets400K147M162.8M134.4M154.6M146.8M
Long Term Debt1.5B1.5B1.9B1.9B1.9B2.2B
Cash And Short Term Investments190.1M291.9M330.1M265.6M289.3M329.7M
Net Receivables363.9M403.4M492.2M455.8M461.8M598.2M
Good Will2.2B2.3B2.5B2.4B2.3B2.7B
Liabilities And Stockholders Equity4.3B4.5B5.1B4.9B5.0B6.6B
Non Current Liabilities Total1.8B1.9B2.2B2.2B2.3B2.6B
Inventory199.6M203.1M274.4M290.7M298.9M297.9M
Other Current Assets50.3M67.5M88.4M138.1M147.5M107.2M
Other Stockholder Equity4.0B4.0B4.0B3.9B3.9B2.7B
Total Liab2.1B2.2B2.6B2.6B2.6B3.0B
Property Plant And Equipment Gross264.8M240M545.1M566M621.2M396.3M
Total Current Assets833.4M989.9M1.2B1.2B1.2B1.6B
Accumulated Other Comprehensive Income(280.5M)(194.8M)(197.4M)(298.1M)(345.9M)(363.2M)
Treasury Stock(3.5M)(78.9M)(137.7M)(159.2M)(143.3M)(136.1M)
Short Term Debt7.8M7.4M12.7M11.5M10.4M9.8M
Intangible Assets944.4M855.9M956.7M805.5M879.3M1.2B
Property Plant Equipment264.8M240.4M278.1M277.2M318.8M314.7M
Net Tangible Assets(903.1M)(788.8M)(1.0B)1.5B1.8B1.8B
Noncontrolling Interest In Consolidated Entity(1.6M)(1.7M)20.1M16.6M14.9M14.2M
Retained Earnings Total Equity(1.5B)(1.5B)(1.3B)(1.2B)(1.1B)(1.2B)
Long Term Debt Total1.5B1.5B1.9B1.9B1.7B2.6B

Currently Active Assets on Macroaxis

When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Element Stock analysis

When running Element Solutions' price analysis, check to measure Element Solutions' 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 Element Solutions is operating at the current time. Most of Element Solutions' value examination focuses on studying past and present price action to predict the probability of Element Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element Solutions' price. Additionally, you may evaluate how the addition of Element Solutions to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Is Element Solutions' 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 Element Solutions. If investors know Element 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 Element Solutions 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
0.293
Dividend Share
0.32
Earnings Share
0.52
Revenue Per Share
9.661
Quarterly Revenue Growth
0.001
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.