Elbit Long Term Debt Total vs Deferred Long Term Liab Analysis
ESLT Stock | USD 193.20 5.38 2.71% |
Elbit Systems financial indicator trend analysis is much more than just examining Elbit Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elbit Systems is a good investment. Please check the relationship between Elbit Systems Long Term Debt Total and its Deferred Long Term Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.
Long Term Debt Total vs Deferred Long Term Liab
Long Term Debt Total vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elbit Systems Long Term Debt Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Elbit Systems' Long Term Debt Total and Deferred Long Term Liab is 0.35. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Elbit Systems, assuming nothing else is changed. The correlation between historical values of Elbit Systems' Long Term Debt Total and Deferred Long Term 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 Long Term Debt Total of Elbit Systems are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt Total i.e., Elbit Systems' Long Term Debt Total and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt Total
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Elbit Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elbit Systems 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 Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 20.74 in 2024, whereas Tax Provision is likely to drop slightly above 22.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.5B | 1.6B | Total Revenue | 5.3B | 5.5B | 6.1B | 6.4B |
Elbit Systems fundamental ratios Correlations
Click cells to compare fundamentals
Elbit Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Elbit Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 8.1B | 9.3B | 9.2B | 9.7B | 10.1B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.5B | 1.3B | 1.5B | 1.5B | |
Other Current Liab | 1.1B | 1.2B | 1.3B | 1.2B | 1.2B | 730.1M | |
Total Current Liabilities | 3.2B | 3.6B | 4.0B | 4.3B | 4.8B | 5.0B | |
Total Stockholder Equity | 2.1B | 2.2B | 2.5B | 2.8B | 2.9B | 3.1B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.5B | 1.6B | |
Net Debt | 1.0B | 924.4M | 1.2B | 1.1B | 1.3B | 1.3B | |
Retained Earnings | 1.9B | 2.0B | 2.2B | 2.4B | 2.5B | 2.6B | |
Accounts Payable | 926.3M | 1.0B | 1.0B | 1.1B | 1.2B | 1.3B | |
Cash | 221.1M | 278.8M | 259.0M | 211.1M | 195.8M | 170.1M | |
Non Current Assets Total | 3.7B | 3.8B | 4.3B | 4.2B | 4.2B | 4.4B | |
Non Currrent Assets Other | 546.3M | 605.8M | 617.3M | 601.8M | 200.0M | 386.8M | |
Cash And Short Term Investments | 223.3M | 280.3M | 260.2M | 212.1M | 206.2M | 201.3M | |
Net Receivables | 2.2B | 2.7B | 3.0B | 2.9B | 2.8B | 3.0B | |
Common Stock Shares Outstanding | 43.8M | 44.2M | 44.3M | 44.6M | 44.6M | 43.3M | |
Liabilities And Stockholders Equity | 7.3B | 8.1B | 9.3B | 9.2B | 9.7B | 10.1B | |
Non Current Liabilities Total | 2.0B | 2.2B | 2.7B | 2.2B | 1.9B | 1.1B | |
Inventory | 1.2B | 1.3B | 1.7B | 1.9B | 2.3B | 2.4B | |
Other Current Assets | 162.9M | 157.9M | 280.4M | 164.8M | 160.1M | 83.2M | |
Other Stockholder Equity | 411.6M | 415.7M | 421.0M | 431.4M | 439.9M | 273.2M | |
Total Liab | 5.2B | 5.8B | 6.8B | 6.5B | 6.7B | 7.1B | |
Total Current Assets | 3.7B | 4.3B | 5.0B | 5.0B | 5.5B | 5.7B | |
Short Term Debt | 470.8M | 396.5M | 183.1M | 261.0M | 713.3M | 749.0M | |
Accumulated Other Comprehensive Income | (145.0M) | (211.2M) | (97.9M) | (71.6M) | (17.6M) | (18.5M) | |
Other Liab | 1.2B | 1.4B | 1.5B | 1.2B | 1.3B | 674.8M | |
Other Assets | 692.4M | 775.6M | 682.5M | 727.4M | 836.5M | 878.3M | |
Long Term Debt | 440.1M | 408.8M | 884.9M | 680.1M | 384.1M | 399.6M | |
Good Will | 1.3B | 1.3B | 1.6B | 1.5B | 1.5B | 1.6B | |
Intangible Assets | 310.8M | 290.8M | 473.9M | 435.1M | 390.5M | 237.3M | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.6B | |
Current Deferred Revenue | 723.6M | 1.0B | 1.5B | 1.8B | 1.6B | 1.7B | |
Short Term Investments | 2.2M | 1.5M | 1.2M | 1.0M | 10.4M | 9.9M | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 1.3B | 1.4B | 3.0B | 3.1B | |
Net Tangible Assets | 505.5M | 621.1M | 512.0M | 820.0M | 943.0M | 719.0M | |
Long Term Investments | 212.1M | 195.6M | 316.1M | 272.1M | 152.5M | 217.4M | |
Short Long Term Debt | 408.3M | 331.0M | 106.4M | 191.6M | 651.9M | 684.5M |
Pair Trading with Elbit Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elbit Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elbit Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Elbit Stock
0.84 | AZ | A2Z Smart Technologies | PairCorr |
0.8 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
Moving against Elbit Stock
0.75 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
0.7 | ERJ | Embraer SA ADR | PairCorr |
0.68 | EH | Ehang Holdings Buyout Trend | PairCorr |
0.68 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
0.65 | DCO | Ducommun Incorporated | PairCorr |
The ability to find closely correlated positions to Elbit Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elbit Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elbit Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elbit Systems to buy it.
The correlation of Elbit Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elbit Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elbit Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elbit Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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Is Elbit Systems' 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 Elbit Systems. If investors know Elbit 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 Elbit Systems 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 0.179 | Dividend Share 2 | Earnings Share 5.07 | Revenue Per Share 138.167 | Quarterly Revenue Growth 0.115 |
The market value of Elbit Systems is measured differently than its book value, which is the value of Elbit that is recorded on the company's balance sheet. Investors also form their own opinion of Elbit Systems' value that differs from its market value or its book value, called intrinsic value, which is Elbit Systems' 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 Elbit Systems' market value can be influenced by many factors that don't directly affect Elbit Systems' 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 Elbit Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elbit Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elbit Systems' 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.