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 DirectionPositive 
Relationship StrengthSignificant

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 Profit6.3B6.9B23.2B24.4B
Total Revenue19.6B20.8B23.2B12.9B

Eaton PLC fundamental ratios Correlations

0.980.730.90.980.840.980.87-0.070.990.640.420.920.120.760.870.240.960.980.890.560.740.830.42-0.560.79
0.980.720.860.940.831.00.790.00.980.620.380.860.120.810.80.250.930.990.830.580.80.750.36-0.60.8
0.730.720.680.70.870.740.58-0.070.730.580.060.580.060.790.60.480.760.730.610.370.670.610.09-0.430.72
0.90.860.680.90.650.870.9-0.290.850.450.520.88-0.110.490.930.180.850.870.910.70.470.950.59-0.420.62
0.980.940.70.90.810.940.93-0.120.960.650.410.950.210.670.90.190.970.920.890.530.680.850.42-0.610.73
0.840.830.870.650.810.840.670.070.870.720.090.710.240.930.630.310.840.840.640.40.860.560.08-0.410.89
0.981.00.740.870.940.840.8-0.070.990.630.350.870.090.80.820.250.940.990.830.590.780.770.35-0.60.8
0.870.790.580.90.930.670.8-0.310.820.540.490.960.10.430.950.080.860.790.910.460.410.910.56-0.430.58
-0.070.0-0.07-0.29-0.120.07-0.07-0.31-0.05-0.120.18-0.160.420.25-0.350.05-0.15-0.02-0.12-0.090.31-0.36-0.07-0.080.06
0.990.980.730.850.960.870.990.82-0.050.670.30.880.170.810.820.20.960.980.810.570.820.770.3-0.580.82
0.640.620.580.450.650.720.630.54-0.120.67-0.070.560.020.680.520.230.670.610.460.190.610.42-0.05-0.460.56
0.420.380.060.520.410.090.350.490.180.3-0.070.54-0.210.020.5-0.020.230.410.70.26-0.040.550.97-0.050.13
0.920.860.580.880.950.710.870.96-0.160.880.560.540.110.550.94-0.020.870.870.910.460.550.890.57-0.450.62
0.120.120.06-0.110.210.240.090.10.420.170.02-0.210.110.2-0.05-0.050.270.02-0.06-0.010.38-0.16-0.33-0.50.16
0.760.810.790.490.670.930.80.430.250.810.680.020.550.20.430.340.720.810.480.330.940.37-0.05-0.410.86
0.870.80.60.930.90.630.820.95-0.350.820.520.50.94-0.050.430.020.820.810.90.450.410.980.58-0.420.49
0.240.250.480.180.190.310.250.080.050.20.23-0.02-0.02-0.050.340.020.30.270.30.070.110.05-0.03-0.160.46
0.960.930.760.850.970.840.940.86-0.150.960.670.230.870.270.720.820.30.910.810.580.730.760.25-0.670.78
0.980.990.730.870.920.840.990.79-0.020.980.610.410.870.020.810.810.270.910.850.570.770.780.4-0.490.83
0.890.830.610.910.890.640.830.91-0.120.810.460.70.91-0.060.480.90.30.810.850.450.390.90.73-0.40.61
0.560.580.370.70.530.40.590.46-0.090.570.190.260.46-0.010.330.450.070.580.570.450.410.470.27-0.350.52
0.740.80.670.470.680.860.780.410.310.820.61-0.040.550.380.940.410.110.730.770.390.410.34-0.12-0.520.78
0.830.750.610.950.850.560.770.91-0.360.770.420.550.89-0.160.370.980.050.760.780.90.470.340.64-0.360.44
0.420.360.090.590.420.080.350.56-0.070.3-0.050.970.57-0.33-0.050.58-0.030.250.40.730.27-0.120.64-0.020.1
-0.56-0.6-0.43-0.42-0.61-0.41-0.6-0.43-0.08-0.58-0.46-0.05-0.45-0.5-0.41-0.42-0.16-0.67-0.49-0.4-0.35-0.52-0.36-0.02-0.24
0.790.80.720.620.730.890.80.580.060.820.560.130.620.160.860.490.460.780.830.610.520.780.440.1-0.24
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Eaton PLC Account Relationship Matchups

Eaton PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.8B31.8B34.0B35.0B38.4B40.4B
Short Long Term Debt Total8.7B8.4B8.9B9.1B9.9B10.4B
Other Current Liab2.1B2.5B2.2B2.6B2.6B1.3B
Total Current Liabilities5.1B5.9B7.2B6.4B7.7B8.1B
Total Stockholder Equity16.1B14.9B16.4B17.0B19.0B20.0B
Property Plant And Equipment Net3.9B3.4B3.5B3.7B4.2B2.6B
Net Debt8.3B7.9B8.6B8.8B9.4B9.9B
Retained Earnings8.2B6.8B7.6B8.5B10.3B10.8B
Cash370M438M297M294M488M262.2M
Non Current Assets Total24.1B22.6B26.5B26.3B26.8B28.1B
Cash And Short Term Investments591M1.1B568M555M2.6B2.7B
Net Receivables3.4B2.9B3.3B4.1B4.8B5.0B
Common Stock Shares Outstanding420.8M404M401.6M400.8M401.1M382.9M
Liabilities And Stockholders Equity32.8B31.8B34.0B35.0B38.4B40.4B
Non Current Liabilities Total11.5B10.9B10.4B11.6B11.6B6.2B
Inventory2.8B2.1B3.0B3.4B3.7B3.9B
Other Current Assets1.9B3.1B677M700M563M522.7M
Other Stockholder Equity12.2B12.3B12.4B12.5B12.6B13.3B
Total Liab16.7B16.9B17.6B18.0B19.4B20.3B
Total Current Assets8.7B9.2B7.5B8.8B11.7B12.3B
Short Term Debt503M1.0B1.7B334M1.2B1.2B
Intangible Assets4.6B4.2B5.9B5.5B5.1B3.0B
Accounts Payable2.1B2.0B2.8B3.1B3.4B3.5B
Short Term Investments221M664M271M261M2.1B2.2B
Accumulated Other Comprehensive Income(4.3B)(4.2B)(3.6B)(3.9B)(3.9B)(3.7B)
Other Liab3.3B3.6B3.2B2.8B3.2B2.8B
Other Assets2.0B2.2B2.4B2M2.3M2.2M
Long Term Debt7.8B7.0B6.8B8.3B8.2B5.6B
Good Will13.5B12.9B14.8B14.8B15.0B9.6B
Property Plant Equipment3.5B3.0B3.5B3.7B4.3B3.1B
Current Deferred Revenue449M351M501M330M610M346.6M
Property Plant And Equipment Gross3.9B3.4B7.8B8.0B9.4B9.9B
Net Tangible Assets(2.0B)(2.1B)(4.2B)(3.2B)(3.7B)(3.9B)
Noncontrolling Interest In Consolidated Entity35M51M43M38M34.2M36.2M
Retained Earnings Total Equity8.2B6.8B7.6B8.5B9.7B8.2B
Long Term Debt Total7.8B7.0B6.8B8.3B7.5B6.2B

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When determining whether Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC's 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 Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:
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.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.