Eaton Accounts Payable vs Short Long Term Debt Total Analysis
ETN Stock | USD 330.24 0.06 0.02% |
Eaton PLC financial indicator trend analysis is much more than just examining Eaton PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton PLC is a good investment. Please check the relationship between Eaton PLC Accounts Payable and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.
Accounts Payable vs Short Long Term Debt Total
Accounts Payable vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Accounts Payable account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eaton PLC's Accounts Payable and Short Long Term Debt Total is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Eaton PLC, assuming nothing else is changed. The correlation between historical values of Eaton PLC's Accounts Payable and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Eaton PLC are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Eaton PLC's Accounts Payable and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Eaton PLC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eaton PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Long Term Debt Total
Most indicators from Eaton PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton PLC 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 Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value Over EBITDA is likely to grow to 22.52, while Selling General Administrative is likely to drop about 3.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.3B | 6.9B | 23.2B | 24.4B | Total Revenue | 19.6B | 20.8B | 23.2B | 12.9B |
Eaton PLC fundamental ratios Correlations
Click cells to compare fundamentals
Eaton PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eaton PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.8B | 31.8B | 34.0B | 35.0B | 38.4B | 40.4B | |
Short Long Term Debt Total | 8.7B | 8.4B | 8.9B | 9.1B | 9.9B | 10.4B | |
Other Current Liab | 2.1B | 2.5B | 2.2B | 2.6B | 2.6B | 1.3B | |
Total Current Liabilities | 5.1B | 5.9B | 7.2B | 6.4B | 7.7B | 8.1B | |
Total Stockholder Equity | 16.1B | 14.9B | 16.4B | 17.0B | 19.0B | 20.0B | |
Property Plant And Equipment Net | 3.9B | 3.4B | 3.5B | 3.7B | 4.2B | 2.6B | |
Net Debt | 8.3B | 7.9B | 8.6B | 8.8B | 9.4B | 9.9B | |
Retained Earnings | 8.2B | 6.8B | 7.6B | 8.5B | 10.3B | 10.8B | |
Cash | 370M | 438M | 297M | 294M | 488M | 262.2M | |
Non Current Assets Total | 24.1B | 22.6B | 26.5B | 26.3B | 26.8B | 28.1B | |
Cash And Short Term Investments | 591M | 1.1B | 568M | 555M | 2.6B | 2.7B | |
Net Receivables | 3.4B | 2.9B | 3.3B | 4.1B | 4.8B | 5.0B | |
Common Stock Shares Outstanding | 420.8M | 404M | 401.6M | 400.8M | 401.1M | 382.9M | |
Liabilities And Stockholders Equity | 32.8B | 31.8B | 34.0B | 35.0B | 38.4B | 40.4B | |
Non Current Liabilities Total | 11.5B | 10.9B | 10.4B | 11.6B | 11.6B | 6.2B | |
Inventory | 2.8B | 2.1B | 3.0B | 3.4B | 3.7B | 3.9B | |
Other Current Assets | 1.9B | 3.1B | 677M | 700M | 563M | 522.7M | |
Other Stockholder Equity | 12.2B | 12.3B | 12.4B | 12.5B | 12.6B | 13.3B | |
Total Liab | 16.7B | 16.9B | 17.6B | 18.0B | 19.4B | 20.3B | |
Total Current Assets | 8.7B | 9.2B | 7.5B | 8.8B | 11.7B | 12.3B | |
Short Term Debt | 503M | 1.0B | 1.7B | 334M | 1.2B | 1.2B | |
Intangible Assets | 4.6B | 4.2B | 5.9B | 5.5B | 5.1B | 3.0B | |
Accounts Payable | 2.1B | 2.0B | 2.8B | 3.1B | 3.4B | 3.5B | |
Short Term Investments | 221M | 664M | 271M | 261M | 2.1B | 2.2B | |
Accumulated Other Comprehensive Income | (4.3B) | (4.2B) | (3.6B) | (3.9B) | (3.9B) | (3.7B) | |
Other Liab | 3.3B | 3.6B | 3.2B | 2.8B | 3.2B | 2.8B | |
Other Assets | 2.0B | 2.2B | 2.4B | 2M | 2.3M | 2.2M | |
Long Term Debt | 7.8B | 7.0B | 6.8B | 8.3B | 8.2B | 5.6B | |
Good Will | 13.5B | 12.9B | 14.8B | 14.8B | 15.0B | 9.6B | |
Property Plant Equipment | 3.5B | 3.0B | 3.5B | 3.7B | 4.3B | 3.1B | |
Current Deferred Revenue | 449M | 351M | 501M | 330M | 610M | 346.6M | |
Property Plant And Equipment Gross | 3.9B | 3.4B | 7.8B | 8.0B | 9.4B | 9.9B | |
Net Tangible Assets | (2.0B) | (2.1B) | (4.2B) | (3.2B) | (3.7B) | (3.9B) | |
Noncontrolling Interest In Consolidated Entity | 35M | 51M | 43M | 38M | 34.2M | 36.2M | |
Retained Earnings Total Equity | 8.2B | 6.8B | 7.6B | 8.5B | 9.7B | 8.2B | |
Long Term Debt Total | 7.8B | 7.0B | 6.8B | 8.3B | 7.5B | 6.2B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Eaton Stock analysis
When running Eaton PLC's price analysis, check to measure Eaton PLC'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 Eaton PLC is operating at the current time. Most of Eaton PLC's value examination focuses on studying past and present price action to predict the probability of Eaton PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton PLC's price. Additionally, you may evaluate how the addition of Eaton PLC to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Eaton PLC'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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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 0.283 | Dividend Share 3.52 | Earnings Share 8.49 | Revenue Per Share 59.221 | Quarterly Revenue Growth 0.084 |
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.