Eaton Net Invested Capital vs Accounts Payable Analysis

ETN Stock

USD 315.27 3.24 1.04%

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 Net Invested Capital and its Accounts Payable 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.

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Eaton PLC's Net Invested Capital and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable 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 Net Invested Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Eaton PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., Eaton PLC's Net Invested Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

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 3rd 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

Gross Profit Total Revenue

Eaton PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Other Liab
Total Assets		0.98	0.73	0.9	0.98	0.84	0.98	0.87	-0.07	0.99	0.64	0.42	0.92	0.12	0.76	0.87	0.24	0.96	0.98	0.89	0.56	0.74	0.83	0.42	-0.56	0.79
Short Long Term Debt Total	0.98		0.72	0.86	0.94	0.83	1.0	0.79	0.0	0.98	0.62	0.38	0.86	0.12	0.81	0.8	0.25	0.93	0.99	0.83	0.58	0.8	0.75	0.36	-0.6	0.8
Other Current Liab	0.73	0.72		0.68	0.7	0.87	0.74	0.58	-0.07	0.73	0.58	0.06	0.58	0.06	0.79	0.6	0.48	0.76	0.73	0.61	0.37	0.67	0.61	0.09	-0.43	0.72
Total Current Liabilities	0.9	0.86	0.68		0.9	0.65	0.87	0.9	-0.29	0.85	0.45	0.52	0.88	-0.11	0.49	0.93	0.18	0.85	0.87	0.91	0.7	0.47	0.95	0.59	-0.42	0.62
Total Stockholder Equity	0.98	0.94	0.7	0.9		0.81	0.94	0.93	-0.12	0.96	0.65	0.41	0.95	0.21	0.67	0.9	0.19	0.97	0.92	0.89	0.53	0.68	0.85	0.42	-0.61	0.73
Property Plant And Equipment Net	0.84	0.83	0.87	0.65	0.81		0.84	0.67	0.07	0.87	0.72	0.09	0.71	0.24	0.93	0.63	0.31	0.84	0.84	0.64	0.4	0.86	0.56	0.08	-0.41	0.89
Net Debt	0.98	1.0	0.74	0.87	0.94	0.84		0.8	-0.07	0.99	0.63	0.35	0.87	0.09	0.8	0.82	0.25	0.94	0.99	0.83	0.59	0.78	0.77	0.35	-0.6	0.8
Retained Earnings	0.87	0.79	0.58	0.9	0.93	0.67	0.8		-0.31	0.82	0.54	0.49	0.96	0.1	0.43	0.95	0.08	0.86	0.79	0.91	0.46	0.41	0.91	0.56	-0.43	0.58
Cash	-0.07	0.0	-0.07	-0.29	-0.12	0.07	-0.07	-0.31		-0.05	-0.12	0.18	-0.16	0.42	0.25	-0.35	0.05	-0.15	-0.02	-0.12	-0.09	0.31	-0.36	-0.07	-0.08	0.06
Non Current Assets Total	0.99	0.98	0.73	0.85	0.96	0.87	0.99	0.82	-0.05		0.67	0.3	0.88	0.17	0.81	0.82	0.2	0.96	0.98	0.81	0.57	0.82	0.77	0.3	-0.58	0.82
Non Currrent Assets Other	0.64	0.62	0.58	0.45	0.65	0.72	0.63	0.54	-0.12	0.67		-0.07	0.56	0.02	0.68	0.52	0.23	0.67	0.61	0.46	0.19	0.61	0.42	-0.05	-0.46	0.56
Cash And Short Term Investments	0.42	0.38	0.06	0.52	0.41	0.09	0.35	0.49	0.18	0.3	-0.07		0.54	-0.21	0.02	0.5	-0.02	0.23	0.41	0.7	0.26	-0.04	0.55	0.97	-0.05	0.13
Net Receivables	0.92	0.86	0.58	0.88	0.95	0.71	0.87	0.96	-0.16	0.88	0.56	0.54		0.11	0.55	0.94	-0.02	0.87	0.87	0.91	0.46	0.55	0.89	0.57	-0.45	0.62
Common Stock Shares Outstanding	0.12	0.12	0.06	-0.11	0.21	0.24	0.09	0.1	0.42	0.17	0.02	-0.21	0.11		0.2	-0.05	-0.05	0.27	0.02	-0.06	-0.01	0.38	-0.16	-0.33	-0.5	0.16
Non Current Liabilities Total	0.76	0.81	0.79	0.49	0.67	0.93	0.8	0.43	0.25	0.81	0.68	0.02	0.55	0.2		0.43	0.34	0.72	0.81	0.48	0.33	0.94	0.37	-0.05	-0.41	0.86
Inventory	0.87	0.8	0.6	0.93	0.9	0.63	0.82	0.95	-0.35	0.82	0.52	0.5	0.94	-0.05	0.43		0.02	0.82	0.81	0.9	0.45	0.41	0.98	0.58	-0.42	0.49
Other Current Assets	0.24	0.25	0.48	0.18	0.19	0.31	0.25	0.08	0.05	0.2	0.23	-0.02	-0.02	-0.05	0.34	0.02		0.3	0.27	0.3	0.07	0.11	0.05	-0.03	-0.16	0.46
Other Stockholder Equity	0.96	0.93	0.76	0.85	0.97	0.84	0.94	0.86	-0.15	0.96	0.67	0.23	0.87	0.27	0.72	0.82	0.3		0.91	0.81	0.58	0.73	0.76	0.25	-0.67	0.78
Total Liab	0.98	0.99	0.73	0.87	0.92	0.84	0.99	0.79	-0.02	0.98	0.61	0.41	0.87	0.02	0.81	0.81	0.27	0.91		0.85	0.57	0.77	0.78	0.4	-0.49	0.83
Total Current Assets	0.89	0.83	0.61	0.91	0.89	0.64	0.83	0.91	-0.12	0.81	0.46	0.7	0.91	-0.06	0.48	0.9	0.3	0.81	0.85		0.45	0.39	0.9	0.73	-0.4	0.61
Short Term Debt	0.56	0.58	0.37	0.7	0.53	0.4	0.59	0.46	-0.09	0.57	0.19	0.26	0.46	-0.01	0.33	0.45	0.07	0.58	0.57	0.45		0.41	0.47	0.27	-0.35	0.52
Intangible Assets	0.74	0.8	0.67	0.47	0.68	0.86	0.78	0.41	0.31	0.82	0.61	-0.04	0.55	0.38	0.94	0.41	0.11	0.73	0.77	0.39	0.41		0.34	-0.12	-0.52	0.78
Accounts Payable	0.83	0.75	0.61	0.95	0.85	0.56	0.77	0.91	-0.36	0.77	0.42	0.55	0.89	-0.16	0.37	0.98	0.05	0.76	0.78	0.9	0.47	0.34		0.64	-0.36	0.44
Short Term Investments	0.42	0.36	0.09	0.59	0.42	0.08	0.35	0.56	-0.07	0.3	-0.05	0.97	0.57	-0.33	-0.05	0.58	-0.03	0.25	0.4	0.73	0.27	-0.12	0.64		-0.02	0.1
Common Stock	-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
Other Liab	0.79	0.8	0.72	0.62	0.73	0.89	0.8	0.58	0.06	0.82	0.56	0.13	0.62	0.16	0.86	0.49	0.46	0.78	0.83	0.61	0.52	0.78	0.44	0.1	-0.24

Click cells to compare fundamentals

Eaton PLC Account Relationship Matchups

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

Eaton PLC Investors Sentiment

The influence of Eaton PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eaton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Eaton PLC's public news can be used to forecast risks associated with an investment in Eaton. The trend in average sentiment can be used to explain how an investor holding Eaton can time the market purely based on public headlines and social activities around Eaton PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Eaton PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Eaton PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Eaton PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Eaton PLC.

Eaton PLC Implied Volatility

39.87

Eaton PLC's implied volatility exposes the market's sentiment of Eaton PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eaton PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eaton PLC stock will not fluctuate a lot when Eaton PLC's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eaton PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eaton PLC's short interest history, or implied volatility extrapolated from Eaton PLC options trading.

Pair Trading with Eaton PLC

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 Eaton PLC 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 Eaton PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eaton Stock

0.85	CR	Crane Company Financial Report 8th of May 2024	Pair Corr
0.93	GE	GE Aerospace Financial Report 23rd of July 2024	Pair Corr

Moving against Eaton Stock

0.87	ATS	ATS Corporation	Pair Corr
0.62	RR	Richtech Robotics Class	Pair Corr
0.5	CYD	China Yuchai Interna	Pair Corr
0.45	BW	Babcock Wilcox Enter Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC 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 Eaton PLC - 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 Eaton PLC to buy it.

The correlation of Eaton PLC 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 Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 Eaton PLC 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.

Pair Correlation Correlation Matching

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:

How To Invest In Eaton

Details

Is Eaton Stock a good investment?

Details

What is Eaton PLC's Net Worth?

Details

Largest Electrical Components & Equipment Companies

View

Largest Specialty Industrial Machinery Companies

View

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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	FinTech Suite Use AI to screen and filter profitable investment opportunities

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

8.48

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eaton Net Invested Capital vs Accounts Payable Analysis

Net Invested Capital vs Accounts Payable

Net Invested Capital vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Invested Capital

Accounts Payable

Eaton PLC fundamental ratios Correlations

Eaton PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eaton PLC fundamental ratios Accounts

Eaton PLC Investors Sentiment

Eaton PLC Implied Volatility

Pair Trading with Eaton PLC

Moving together with Eaton Stock

Moving against Eaton Stock

Complementary Tools for Eaton Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Net Debt
Short Long Term Debt Total	+ 0.98	Total Assets

Common Stock	- 0.67	Other Stockholder Equity
Common Stock	- 0.61	Total Stockholder Equity
Common Stock	- 0.6	Net Debt
Common Stock	- 0.6	Short Long Term Debt Total
Common Stock	- 0.58	Non Current Assets Total
Common Stock	- 0.56	Total Assets