Eaton Non Current Liabilities Total vs Cash 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 Non Current Liabilities Total and its Cash 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.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eaton PLC's Non Current Liabilities Total and Cash is 0.25. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash 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 Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Eaton PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Eaton PLC's Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of Eaton PLC, which is listed under current asset account on Eaton PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Eaton PLC customers. The amounts must be unrestricted with restricted cash listed in a different Eaton PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
Click cells to compare fundamentals

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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
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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.