Eaton Common Stock Shares Outstanding vs Retained Earnings 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 Common Stock Shares Outstanding and its Retained Earnings 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.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Eaton PLC's Common Stock Shares Outstanding and Retained Earnings is 0.1. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings 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 Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Eaton PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Eaton PLC's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Transaction History View history of all your transactions and understand their impact on performance | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
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.