3M Total Stockholder Equity vs Property Plant And Equipment Net Analysis

MMM Stock  USD 99.67  0.16  0.16%   
3M financial indicator trend analysis is way more than just evaluating 3M Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3M Company is a good investment. Please check the relationship between 3M Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3M Company Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 3M's Total Stockholder Equity and Property Plant And Equipment Net is 0.43. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of 3M Company, assuming nothing else is changed. The correlation between historical values of 3M's Total Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of 3M Company are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., 3M's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from 3M's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3M Company 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, 3M's Selling General Administrative is very stable compared to the past year. As of the 28th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.69, while Issuance Of Capital Stock is likely to drop about 567.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit16.6B15.0B14.2B11.0B
Total Revenue35.4B34.2B32.7B23.6B

3M fundamental ratios Correlations

0.740.340.510.310.960.710.920.580.80.640.580.89-0.870.680.94-0.17-0.750.640.950.420.920.340.77-0.74-0.11
0.740.540.71-0.20.710.970.690.710.90.590.570.66-0.870.940.66-0.52-0.940.90.610.680.720.530.47-0.52-0.52
0.340.540.96-0.440.280.370.110.880.730.550.790.28-0.540.780.3-0.46-0.570.850.340.730.420.850.25-0.38-0.35
0.510.710.96-0.330.460.560.310.90.860.660.80.44-0.70.870.48-0.46-0.730.930.470.850.570.880.37-0.51-0.4
0.31-0.2-0.44-0.330.43-0.190.43-0.18-0.020.00.040.36-0.08-0.330.380.570.17-0.340.44-0.360.15-0.380.41-0.460.64
0.960.710.280.460.430.690.960.510.780.520.530.94-0.90.620.910.02-0.750.590.940.360.830.250.86-0.86-0.05
0.710.970.370.56-0.190.690.710.530.80.480.380.65-0.820.850.61-0.44-0.90.790.540.610.660.380.44-0.46-0.54
0.920.690.110.310.430.960.710.380.680.480.370.92-0.880.550.9-0.01-0.760.490.880.250.820.160.86-0.78-0.11
0.580.710.880.9-0.180.510.530.380.870.70.950.47-0.70.870.56-0.57-0.70.90.590.640.650.780.4-0.51-0.25
0.80.90.730.86-0.020.780.80.680.870.720.790.7-0.90.940.74-0.38-0.880.940.720.730.780.70.57-0.71-0.34
0.640.590.550.660.00.520.480.480.70.720.590.35-0.570.630.73-0.5-0.620.660.540.550.840.770.32-0.28-0.42
0.580.570.790.80.040.530.380.370.950.790.590.51-0.640.740.56-0.43-0.550.780.670.510.590.670.45-0.60.07
0.890.660.280.440.360.940.650.920.470.70.350.51-0.90.590.850.0-0.750.560.920.330.730.190.93-0.890.03
-0.87-0.87-0.54-0.7-0.08-0.9-0.82-0.88-0.7-0.9-0.57-0.64-0.9-0.85-0.830.220.94-0.83-0.84-0.57-0.81-0.51-0.820.830.29
0.680.940.780.87-0.330.620.850.550.870.940.630.740.59-0.850.59-0.57-0.910.990.580.740.70.720.44-0.53-0.49
0.940.660.30.480.380.910.610.90.560.740.730.560.85-0.830.59-0.21-0.740.580.930.370.950.410.79-0.71-0.08
-0.17-0.52-0.46-0.460.570.02-0.44-0.01-0.57-0.38-0.5-0.430.00.22-0.57-0.210.44-0.55-0.11-0.39-0.38-0.510.16-0.230.42
-0.75-0.94-0.57-0.730.17-0.75-0.9-0.76-0.7-0.88-0.62-0.55-0.750.94-0.91-0.740.44-0.88-0.66-0.63-0.78-0.59-0.660.620.54
0.640.90.850.93-0.340.590.790.490.90.940.660.780.56-0.830.990.58-0.55-0.880.560.790.680.790.43-0.54-0.48
0.950.610.340.470.440.940.540.880.590.720.540.670.92-0.840.580.93-0.11-0.660.560.310.850.290.85-0.820.13
0.420.680.730.85-0.360.360.610.250.640.730.550.510.33-0.570.740.37-0.39-0.630.790.310.430.730.19-0.33-0.46
0.920.720.420.570.150.830.660.820.650.780.840.590.73-0.810.70.95-0.38-0.780.680.850.430.530.66-0.56-0.28
0.340.530.850.88-0.380.250.380.160.780.70.770.670.19-0.510.720.41-0.51-0.590.790.290.730.530.18-0.27-0.41
0.770.470.250.370.410.860.440.860.40.570.320.450.93-0.820.440.790.16-0.660.430.850.190.660.18-0.890.03
-0.74-0.52-0.38-0.51-0.46-0.86-0.46-0.78-0.51-0.71-0.28-0.6-0.890.83-0.53-0.71-0.230.62-0.54-0.82-0.33-0.56-0.27-0.89-0.17
-0.11-0.52-0.35-0.40.64-0.05-0.54-0.11-0.25-0.34-0.420.070.030.29-0.49-0.080.420.54-0.480.13-0.46-0.28-0.410.03-0.17
Click cells to compare fundamentals

3M Account Relationship Matchups

3M fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.7B47.3B47.1B46.5B50.6B25.6B
Short Long Term Debt Total20.6B19.1B17.6B16.2B16.9B17.7B
Other Current Liab3.5B3.8B3.9B3.6B8.3B8.7B
Total Current Liabilities9.2B7.9B9.0B9.5B15.3B16.1B
Total Stockholder Equity10.1B12.9B15.1B14.8B4.8B4.6B
Property Plant And Equipment Net10.2B10.3B10.3B10.0B9.9B7.1B
Net Debt18.2B14.4B13.1B12.5B10.9B11.5B
Retained Earnings42.1B43.8B45.8B48.0B37.5B22.7B
Cash2.4B4.6B4.6B3.7B5.9B6.2B
Non Current Assets Total31.7B32.4B31.7B31.8B34.2B35.9B
Non Currrent Assets Other957M1.4B1.8B2.3B2.0B1.3B
Cash And Short Term Investments2.5B5.0B4.8B3.9B6.0B6.3B
Net Receivables4.8B4.7B4.7B4.5B4.9B3.6B
Common Stock Shares Outstanding585.1M582.2M585.3M567.6M553.9M606.9M
Liabilities And Stockholders Equity44.7B47.3B47.1B46.5B50.6B25.6B
Non Current Liabilities Total25.3B26.5B22.9B22.2B30.4B31.9B
Inventory4.1B4.2B5.0B5.4B4.8B3.2B
Other Current Assets891M325M339M456M149M141.6M
Other Stockholder Equity(23.9B)(23.2B)(24.0B)(26.5B)(25.9B)(24.6B)
Total Liab34.5B34.4B32.0B31.7B45.7B48.0B
Total Current Assets13.0B15.0B15.4B14.7B16.4B10.0B
Short Term Debt3.0B1.1B1.6B2.2B3.2B3.3B
Accounts Payable2.2B2.6B3.0B3.2B3.2B1.6B
Property Plant And Equipment Gross10.2B10.3B10.3B26.0B27.6B29.0B
Accumulated Other Comprehensive Income(8.1B)(7.7B)(6.8B)(6.7B)(6.8B)(6.4B)
Current Deferred Revenue430M498M529M538M572M367.8M
Short Term Investments98M404M201M238M53M50.4M
Intangible Assets6.4B5.8B5.3B4.7B4.2B2.5B
Other Liab7.1B8.5B6.9B7.5B8.6B4.8B
Long Term Debt17.5B18.0B16.1B14.0B13.1B7.9B
Treasury Stock(29.6B)(29.8B)(29.4B)(30.5B)(27.4B)(26.0B)
Property Plant Equipment9.3B9.4B10.3B10.0B11.5B8.3B
Good Will13.4B13.8B13.5B12.8B12.9B8.3B
Net Tangible Assets(9.8B)(6.8B)(3.7B)(2.8B)(2.5B)(2.4B)
Noncontrolling Interest In Consolidated Entity63M64M71M48M43.2M41.0M
Retained Earnings Total Equity42.1B43.8B45.8B48.0B55.1B40.0B
Capital Surpluse5.9B6.2B6.4B6.7B7.7B5.4B

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is 3M'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 3M. If investors know 3M 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 3M 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
(0.05)
Dividend Share
6.01
Earnings Share
(12.73)
Revenue Per Share
58.89
Quarterly Revenue Growth
(0)
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M'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 3M's market value can be influenced by many factors that don't directly affect 3M'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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M'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.