STERIS Capital Stock vs Good Will Analysis

STE Stock  USD 203.90  2.36  1.17%   
STERIS Plc financial indicator trend analysis is much more than just breaking down STERIS plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STERIS plc is a good investment. Please check the relationship between STERIS Plc Capital Stock and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS 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.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.

Capital Stock vs Good Will

Capital Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STERIS plc Capital Stock account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between STERIS Plc's Capital Stock and Good Will is 0.77. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of STERIS plc, assuming nothing else is changed. The correlation between historical values of STERIS Plc's Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of STERIS plc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., STERIS Plc's Capital Stock and Good Will go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from STERIS Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STERIS 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 World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS 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.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.At present, STERIS Plc's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 22.43, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.20.
 2021 2022 2023 2024 (projected)
Total Revenue4.6B5.0B5.7B6.0B
Depreciation And Amortization553.1M982.1M1.1B1.2B

STERIS Plc fundamental ratios Correlations

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0.990.940.980.990.971.00.850.970.430.990.430.960.741.00.960.930.581.00.970.750.980.920.990.960.92
0.960.940.960.970.980.930.930.960.570.960.570.980.850.940.890.860.560.950.960.630.880.960.930.890.95
0.990.980.960.990.980.970.930.980.470.980.470.980.770.980.970.950.50.990.990.80.950.960.960.950.96
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0.990.970.980.980.990.970.910.980.480.980.480.990.790.970.940.90.60.980.980.710.920.960.970.920.96
0.991.00.930.970.980.970.840.960.380.990.380.960.711.00.970.940.571.00.970.760.980.920.990.960.92
0.880.850.930.930.890.910.840.90.510.870.510.920.80.860.870.850.320.870.920.690.80.90.810.810.89
0.970.970.960.980.960.980.960.90.390.960.390.990.760.970.980.960.460.970.990.70.940.950.950.880.95
0.460.430.570.470.480.480.380.510.390.461.00.450.80.420.270.250.370.430.450.210.330.450.430.460.43
1.00.990.960.981.00.980.990.870.960.460.460.970.760.990.950.920.621.00.980.770.970.940.990.970.94
0.460.430.570.470.480.480.380.510.391.00.460.450.80.420.270.250.370.430.450.210.330.450.430.460.43
0.980.960.980.980.980.990.960.920.990.450.970.450.80.970.960.930.520.970.990.690.920.970.950.890.97
0.760.740.850.770.780.790.710.80.760.80.760.80.80.730.660.640.440.740.780.40.640.780.720.680.76
1.01.00.940.980.990.971.00.860.970.420.990.420.970.730.970.940.571.00.980.770.980.930.990.960.93
0.960.960.890.970.940.940.970.870.980.270.950.270.960.660.970.990.410.970.980.820.970.920.940.910.92
0.920.930.860.950.910.90.940.850.960.250.920.250.930.640.940.990.290.940.960.810.960.890.910.880.89
0.60.580.560.50.620.60.570.320.460.370.620.370.520.440.570.410.290.560.480.280.50.560.650.590.57
1.01.00.950.990.990.981.00.870.970.431.00.430.970.741.00.970.940.560.980.780.980.930.990.960.94
0.980.970.960.990.980.980.970.920.990.450.980.450.990.780.980.980.960.480.980.750.950.960.960.910.96
0.770.750.630.80.750.710.760.690.70.210.770.210.690.40.770.820.810.280.780.750.840.710.760.850.72
0.970.980.880.950.950.920.980.80.940.330.970.330.920.640.980.970.960.50.980.950.840.880.970.970.88
0.950.920.960.960.960.960.920.90.950.450.940.450.970.780.930.920.890.560.930.960.710.880.930.871.0
0.990.990.930.960.990.970.990.810.950.430.990.430.950.720.990.940.910.650.990.960.760.970.930.960.94
0.960.960.890.950.960.920.960.810.880.460.970.460.890.680.960.910.880.590.960.910.850.970.870.960.88
0.950.920.950.960.960.960.920.890.950.430.940.430.970.760.930.920.890.570.940.960.720.881.00.940.88
Click cells to compare fundamentals

STERIS Plc Account Relationship Matchups

STERIS Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B6.6B11.5B10.8B12.4B13.1B
Short Long Term Debt Total1.2B1.7B3.1B3.0B3.5B3.6B
Other Current Liab281.2M335.7M406.3M395.0M454.2M476.9M
Total Current Liabilities503.6M577.9M922.2M861.8M991.1M1.0B
Total Stockholder Equity3.4B3.9B6.5B6.1B7.0B7.4B
Property Plant And Equipment Net1.2B1.4B1.7B1.9B2.2B2.3B
Net Debt830.9M1.4B2.8B2.8B3.2B3.4B
Retained Earnings1.6B1.9B2.0B1.9B2.2B2.3B
Accounts Payable149.3M157.0M225.7M279.6M321.6M337.6M
Cash319.6M220.5M348.3M208.4M239.6M123.2M
Non Current Assets Total4.2B5.4B9.6B8.8B10.1B10.6B
Cash And Short Term Investments319.6M220.5M348.3M208.4M239.6M123.2M
Net Receivables586.5M609.4M799.0M928.3M1.1B1.1B
Common Stock Shares Outstanding85.6M85.9M98.3M100.2M115.3M72.8M
Liabilities And Stockholders Equity5.4B6.6B11.5B10.8B12.4B13.1B
Non Current Liabilities Total1.5B2.1B4.0B3.9B4.5B4.7B
Inventory248.3M315.1M575.0M695.5M799.8M839.8M
Other Current Assets54.4M66.8M156.6M179.3M206.2M216.5M
Other Stockholder Equity12.8M10.5M12.3M10.0M9.0M8.5M
Total Liab2.0B2.7B4.9B4.7B5.4B5.7B
Total Current Assets1.2B1.2B1.9B2.0B2.3B2.4B
Short Term Debt19.8M22.8M179.3M95.0M109.2M114.7M
Intangible Assets565.5M898.4M3.3B3.0B3.4B3.6B
Non Currrent Assets Other51.6M52.7M70.7M78.1M89.9M94.4M
Accumulated Other Comprehensive Income(235.5M)(61.2M)(209.8M)(320.7M)(288.6M)(274.2M)
Common Stock2.0B2.0B4.7B4.5B5.2B5.4B
Other Liab250.6M454.5M1.0B693.7M797.7M837.6M
Other Assets51.6M52.7M70.7M78.1M89.9M94.4M
Long Term Debt1.2B1.7B2.9B3.0B3.5B3.6B
Good Will2.4B3.0B4.4B3.9B4.5B4.7B
Property Plant Equipment1.2B1.2B1.7B1.7B2.0B2.1B
Current Deferred Revenue53.3M62.5M110.8M92.3M83.1M69.7M
Common Stock Total Equity2.0B2.0B2.0B4.5B5.2B5.4B
Property Plant And Equipment Gross1.2B1.4B1.7B1.7B2.0B2.1B
Net Tangible Assets472.3M854.9M(1.2B)2.2B2.5B2.7B
Long Term Debt Total1.2B1.7B2.9B3.0B3.5B1.8B
Deferred Long Term Liab151.0M160.3M236.9M617.5M710.2M745.7M

Currently Active Assets on Macroaxis

When determining whether STERIS plc is a strong investment it is important to analyze STERIS Plc'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 STERIS Plc's future performance. For an informed investment choice regarding STERIS Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS 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.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running STERIS Plc's price analysis, check to measure STERIS 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 STERIS Plc is operating at the current time. Most of STERIS Plc's value examination focuses on studying past and present price action to predict the probability of STERIS 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 STERIS Plc's price. Additionally, you may evaluate how the addition of STERIS Plc to your portfolios can decrease your overall portfolio volatility.
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Is STERIS 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 STERIS Plc. If investors know STERIS 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 STERIS 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
0.145
Dividend Share
1.98
Earnings Share
5.69
Revenue Per Share
54.709
Quarterly Revenue Growth
0.148
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS 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 STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS 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 STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS 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.