Teleflex Accounts Payable vs Total Assets Analysis

TFX Stock  USD 206.35  0.19  0.09%   
Teleflex Incorporated financial indicator trend analysis is much more than just breaking down Teleflex Incorporated prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teleflex Incorporated is a good investment. Please check the relationship between Teleflex Incorporated Accounts Payable and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teleflex Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teleflex Incorporated Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Teleflex Incorporated's Accounts Payable and Total Assets is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Teleflex Incorporated, assuming nothing else is changed. The correlation between historical values of Teleflex Incorporated's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Teleflex Incorporated are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Teleflex Incorporated's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Teleflex Incorporated 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 Teleflex Incorporated 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.

Total Assets

Total assets refers to the total amount of Teleflex Incorporated assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Teleflex Incorporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Teleflex Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teleflex Incorporated 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 Teleflex Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.At this time, Teleflex Incorporated's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 2.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 508.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.8B2.8B3.0B1.8B
Depreciation And Amortization169.3M245.3M242.1M254.2M

Teleflex Incorporated fundamental ratios Correlations

0.940.660.620.950.90.920.940.11.00.530.10.890.720.890.860.820.960.770.73-0.110.940.980.830.660.81
0.940.540.60.780.860.980.780.120.940.250.120.850.710.970.80.70.820.90.69-0.130.850.970.760.470.77
0.660.540.250.690.540.610.69-0.370.690.41-0.370.50.280.530.540.540.690.360.24-0.260.740.680.40.710.33
0.620.60.250.540.710.550.560.290.590.330.290.70.880.50.720.360.610.660.710.60.580.60.750.180.75
0.950.780.690.540.860.781.00.020.940.670.020.80.630.70.810.850.990.550.64-0.110.930.890.760.770.72
0.90.860.540.710.860.840.860.140.90.380.140.940.770.790.970.790.890.820.82-0.070.940.880.830.470.79
0.920.980.610.550.780.840.77-0.070.940.24-0.070.80.630.950.770.660.820.850.58-0.160.850.970.670.540.66
0.940.780.690.561.00.860.770.040.940.650.040.80.660.690.820.840.990.550.65-0.090.920.880.770.760.73
0.10.12-0.370.290.020.14-0.070.040.030.041.00.320.430.170.20.210.040.30.640.150.030.00.46-0.390.55
1.00.940.690.590.940.90.940.940.030.50.030.870.690.890.840.80.960.760.68-0.140.950.990.790.680.77
0.530.250.410.330.670.380.240.650.040.50.040.430.280.210.440.50.610.070.390.170.50.40.530.650.46
0.10.12-0.370.290.020.14-0.070.041.00.030.040.320.430.170.20.210.040.30.640.150.030.00.46-0.390.55
0.890.850.50.70.80.940.80.80.320.870.430.320.810.840.960.740.840.880.92-0.070.90.850.940.410.91
0.720.710.280.880.630.770.630.660.430.690.280.430.810.640.790.450.710.740.810.40.650.70.890.220.9
0.890.970.530.50.70.790.950.690.170.890.210.170.840.640.750.660.740.910.69-0.240.80.920.740.410.76
0.860.80.540.720.810.970.770.820.20.840.440.20.960.790.750.730.840.830.88-0.030.910.830.890.430.83
0.820.70.540.360.850.790.660.840.210.80.50.210.740.450.660.730.820.550.68-0.320.810.740.620.520.61
0.960.820.690.610.990.890.820.990.040.960.610.040.840.710.740.840.820.620.68-0.050.940.920.80.730.76
0.770.90.360.660.550.820.850.550.30.760.070.30.880.740.910.830.550.620.8-0.080.740.810.780.150.79
0.730.690.240.710.640.820.580.650.640.680.390.640.920.810.690.880.680.680.80.060.720.650.920.150.93
-0.11-0.13-0.260.6-0.11-0.07-0.16-0.090.15-0.140.170.15-0.070.4-0.24-0.03-0.32-0.05-0.080.06-0.22-0.130.13-0.140.16
0.940.850.740.580.930.940.850.920.030.950.50.030.90.650.80.910.810.940.740.72-0.220.920.790.630.74
0.980.970.680.60.890.880.970.880.00.990.40.00.850.70.920.830.740.920.810.65-0.130.920.760.630.75
0.830.760.40.750.760.830.670.770.460.790.530.460.940.890.740.890.620.80.780.920.130.790.760.40.97
0.660.470.710.180.770.470.540.76-0.390.680.65-0.390.410.220.410.430.520.730.150.15-0.140.630.630.40.29
0.810.770.330.750.720.790.660.730.550.770.460.550.910.90.760.830.610.760.790.930.160.740.750.970.29
Click cells to compare fundamentals

Teleflex Incorporated Account Relationship Matchups

Teleflex Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.2B6.9B6.9B7.5B7.9B
Short Long Term Debt Total2.0B2.6B2.0B1.8B1.9B2.0B
Other Current Liab181.5M53.9M55.6M367.2M345.5M362.8M
Total Current Liabilities563.1M540.0M680.1M581.5M606.7M416.5M
Total Stockholder Equity3.0B3.3B3.8B4.0B4.4B4.7B
Property Plant And Equipment Net543.9M574.5M573.4M578.4M603.4M395.2M
Net Debt1.7B2.2B1.5B1.5B1.7B1.8B
Retained Earnings2.8B3.1B3.5B3.8B4.1B4.3B
Cash301.1M375.9M445.1M292.0M222.8M194.4M
Non Current Assets Total5.0B5.7B5.4B5.5B6.1B6.4B
Non Currrent Assets Other34.9M40.9M59.5M77.5M98.9M103.9M
Cash And Short Term Investments301.1M375.9M445.1M292.0M222.8M194.4M
Net Receivables418.7M395.1M383.6M408.8M443.5M306.2M
Common Stock Shares Outstanding47.1M47.3M47.4M47.3M47.3M43.8M
Liabilities And Stockholders Equity6.3B7.2B6.9B6.9B7.5B7.9B
Non Current Liabilities Total2.8B3.3B2.4B2.3B2.5B2.6B
Inventory476.6M513.2M477.6M578.5M626.2M327.6M
Other Current Assets97.9M115.4M117.3M125.1M107.5M112.8M
Other Stockholder Equity451.3M489.7M535.8M560.2M597.6M627.5M
Total Liab3.3B3.8B3.1B2.9B3.1B1.6B
Total Current Assets1.3B1.4B1.4B1.4B1.4B892.1M
Short Term Debt50M100.5M110M87.5M100.6M110.8M
Accounts Payable102.9M102.5M118.2M126.8M132.2M108.1M
Intangible Assets2.2B2.5B2.3B2.3B2.5B2.6B
Common Stock Total Equity47.5M47.8M47.9M48.0M55.2M44.9M
Property Plant And Equipment Gross543.9M473.9M443.8M447.2M1.2B1.2B
Accumulated Other Comprehensive Income(344.4M)(297.3M)(347.0M)(403.5M)(314.4M)(298.7M)
Common Stock47.5M47.8M47.9M48.0M48.0M45.2M
Other Liab807.1M812.1M580.7M580.1M667.2M439.9M
Other Assets45.0M150.5M75.9M95.8M86.2M69.8M
Long Term Debt1.9B2.4B1.7B1.6B1.7B1.2B
Property Plant Equipment430.7M473.9M573.4M578.4M520.6M343.5M
Current Deferred Revenue228.7M283.1M396.3M41.5M47.7M45.3M
Good Will2.2B2.6B2.5B2.5B2.9B1.6B
Treasury Stock(165.7M)(162.6M)(157.3M)(154.9M)(139.4M)(146.4M)
Net Tangible Assets(1.4B)(1.8B)(1.0B)(820.9M)(738.8M)(775.8M)
Retained Earnings Total Equity2.8B3.1B3.5B3.8B4.4B2.6B
Short Term Investments21.6M20.1M21.7M48.5M16.9M11.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Teleflex Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teleflex Incorporated'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 Teleflex Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teleflex Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teleflex Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.
Note that the Teleflex Incorporated information on this page should be used as a complementary analysis to other Teleflex Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Teleflex Incorporated'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 Teleflex Incorporated. If investors know Teleflex 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 Teleflex Incorporated 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
(0.80)
Dividend Share
1.36
Earnings Share
6.25
Revenue Per Share
63.845
Quarterly Revenue Growth
0.038
The market value of Teleflex Incorporated is measured differently than its book value, which is the value of Teleflex that is recorded on the company's balance sheet. Investors also form their own opinion of Teleflex Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Teleflex Incorporated'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 Teleflex Incorporated's market value can be influenced by many factors that don't directly affect Teleflex Incorporated'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 Teleflex Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teleflex Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teleflex Incorporated'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.