Fortune Net Income vs Dividends Paid Analysis

0IRN Stock

79.42 0.06 0.08%

Fortune Brands financial indicator trend analysis is much more than just examining Fortune Brands Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortune Brands Home is a good investment. Please check the relationship between Fortune Brands Net Income and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortune Brands Home Net Income account and Dividends Paid. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fortune Brands' Net Income and Dividends Paid is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Fortune Brands Home, assuming nothing else is changed. The correlation between historical values of Fortune Brands' Net Income and Dividends Paid 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 Income of Fortune Brands Home are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Fortune Brands' Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Fortune Brands Home financial statement analysis. It represents the amount of money remaining after all of Fortune Brands Home operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Most indicators from Fortune Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortune Brands Home 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 191.9 M in 2024. Discontinued Operations is likely to drop to about 129 M in 2024

	2020	2021	2023	2024 (projected)
Interest Income	75.7M	84.4M	97.1M	80.8M
Tax Provision	168.8M	232.7M	267.6M	191.9M

Interest Income Tax Provision

Fortune Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.96	0.64	0.89	0.85	-0.75	0.1	0.97	0.59	0.95	0.39	0.96	0.95	-0.15	1.0	0.92	0.99	0.51	0.69	0.98	0.98	-0.84	0.97	0.93	0.76
Short Long Term Debt Total	0.96		0.56	0.86	0.74	-0.62	-0.05	0.95	0.75	0.88	0.35	1.0	0.88	0.07	0.97	0.87	0.95	0.45	0.56	0.97	0.93	-0.89	0.97	0.85	0.85
Other Current Liab	0.64	0.56		0.74	0.6	-0.3	0.74	0.76	0.52	0.63	0.93	0.56	0.63	-0.13	0.6	0.46	0.55	0.97	0.38	0.61	0.76	-0.55	0.55	0.52	0.16
Total Current Liabilities	0.89	0.86	0.74		0.58	-0.55	0.14	0.94	0.63	0.77	0.57	0.86	0.77	-0.09	0.89	0.77	0.86	0.69	0.48	0.93	0.91	-0.92	0.83	0.85	0.67
Total Stockholder Equity	0.85	0.74	0.6	0.58		-0.78	0.36	0.77	0.35	0.92	0.33	0.74	0.92	-0.38	0.83	0.84	0.83	0.41	0.81	0.75	0.85	-0.45	0.83	0.79	0.47
Other Liab	-0.75	-0.62	-0.3	-0.55	-0.78		0.01	-0.61	-0.03	-0.71	0.06	-0.62	-0.71	0.68	-0.76	-0.8	-0.8	-0.1	-0.93	-0.69	-0.7	0.45	-0.75	-0.83	-0.44
Net Tangible Assets	0.1	-0.05	0.74	0.14	0.36	0.01		0.21	0.01	0.24	0.78	-0.05	0.24	-0.23	0.03	-0.04	0.0	0.74	0.16	0.01	0.25	0.11	-0.02	-0.01	-0.42
Retained Earnings	0.97	0.95	0.76	0.94	0.77	-0.61	0.21		0.69	0.92	0.56	0.95	0.92	-0.04	0.96	0.84	0.94	0.67	0.58	0.97	0.99	-0.9	0.91	0.86	0.74
Accounts Payable	0.59	0.75	0.52	0.63	0.35	-0.03	0.01	0.69		0.51	0.5	0.75	0.51	0.46	0.62	0.52	0.53	0.56	0.12	0.64	0.62	-0.71	0.65	0.47	0.69
Cash	0.95	0.88	0.63	0.77	0.92	-0.71	0.24	0.92	0.51		0.4	0.88	1.0	-0.16	0.93	0.87	0.93	0.49	0.7	0.9	0.95	-0.72	0.88	0.85	0.7
Other Assets	0.39	0.35	0.93	0.57	0.33	0.06	0.78	0.56	0.5	0.4		0.35	0.4	0.14	0.35	0.16	0.27	0.97	0.02	0.39	0.53	-0.4	0.29	0.22	-0.01
Long Term Debt	0.96	1.0	0.56	0.86	0.74	-0.62	-0.05	0.95	0.75	0.88	0.35		0.88	0.07	0.97	0.87	0.95	0.45	0.56	0.97	0.93	-0.89	0.97	0.85	0.85
Cash And Short Term Investments	0.95	0.88	0.63	0.77	0.92	-0.71	0.24	0.92	0.51	1.0	0.4	0.88		-0.16	0.93	0.87	0.93	0.49	0.7	0.9	0.95	-0.72	0.88	0.85	0.7
Net Receivables	-0.15	0.07	-0.13	-0.09	-0.38	0.68	-0.23	-0.04	0.46	-0.16	0.14	0.07	-0.16		-0.16	-0.34	-0.19	0.0	-0.7	-0.07	-0.15	-0.17	-0.15	-0.4	0.22
Good Will	1.0	0.97	0.6	0.89	0.83	-0.76	0.03	0.96	0.62	0.93	0.35	0.97	0.93	-0.16		0.94	0.99	0.47	0.69	0.99	0.97	-0.84	0.98	0.95	0.79
Capital Surpluse	0.92	0.87	0.46	0.77	0.84	-0.8	-0.04	0.84	0.52	0.87	0.16	0.87	0.87	-0.34	0.94		0.92	0.32	0.76	0.89	0.88	-0.68	0.94	0.98	0.77
Inventory	0.99	0.95	0.55	0.86	0.83	-0.8	0.0	0.94	0.53	0.93	0.27	0.95	0.93	-0.19	0.99	0.92		0.4	0.72	0.98	0.96	-0.83	0.96	0.93	0.79
Other Current Assets	0.51	0.45	0.97	0.69	0.41	-0.1	0.74	0.67	0.56	0.49	0.97	0.45	0.49	0.0	0.47	0.32	0.4		0.2	0.5	0.64	-0.51	0.42	0.38	0.1
Other Stockholder Equity	0.69	0.56	0.38	0.48	0.81	-0.93	0.16	0.58	0.12	0.7	0.02	0.56	0.7	-0.7	0.69	0.76	0.72	0.2		0.6	0.67	-0.38	0.7	0.76	0.37
Total Liab	0.98	0.97	0.61	0.93	0.75	-0.69	0.01	0.97	0.64	0.9	0.39	0.97	0.9	-0.07	0.99	0.89	0.98	0.5	0.6		0.97	-0.91	0.95	0.91	0.81
Total Current Assets	0.98	0.93	0.76	0.91	0.85	-0.7	0.25	0.99	0.62	0.95	0.53	0.93	0.95	-0.15	0.97	0.88	0.96	0.64	0.67	0.97		-0.84	0.93	0.9	0.7
Treasury Stock	-0.84	-0.89	-0.55	-0.92	-0.45	0.45	0.11	-0.9	-0.71	-0.72	-0.4	-0.89	-0.72	-0.17	-0.84	-0.68	-0.83	-0.51	-0.38	-0.91	-0.84		-0.79	-0.73	-0.82
Intangible Assets	0.97	0.97	0.55	0.83	0.83	-0.75	-0.02	0.91	0.65	0.88	0.29	0.97	0.88	-0.15	0.98	0.94	0.96	0.42	0.7	0.95	0.93	-0.79		0.93	0.78
Common Stock	0.93	0.85	0.52	0.85	0.79	-0.83	-0.01	0.86	0.47	0.85	0.22	0.85	0.85	-0.4	0.95	0.98	0.93	0.38	0.76	0.91	0.9	-0.73	0.93		0.73
Property Plant Equipment	0.76	0.85	0.16	0.67	0.47	-0.44	-0.42	0.74	0.69	0.7	-0.01	0.85	0.7	0.22	0.79	0.77	0.79	0.1	0.37	0.81	0.7	-0.82	0.78	0.73

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Fortune Brands Account Relationship Matchups

Fortune Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.0B	6.3B	7.4B	7.9B	9.1B	7.3B
Short Long Term Debt Total	1.8B	1.8B	2.6B	2.3B	2.7B	2.2B
Other Current Liab	75.3M	113.4M	636M	208.2M	239.4M	222.4M
Total Current Liabilities	1.4B	1.3B	2.0B	1.5B	1.8B	1.6B
Total Stockholder Equity	2.2B	2.4B	2.8B	3.1B	3.5B	2.9B
Other Liab	529.8M	525.4M	481.7M	319.6M	287.6M	378.1M
Net Tangible Assets	(832.5M)	(1.0B)	557.8M	(554.6M)	(637.8M)	(669.7M)
Retained Earnings	1.8B	2.2B	2.8B	2.3B	2.7B	2.1B
Accounts Payable	460M	620.5M	561M	421.6M	484.8M	541.0M
Cash	262.9M	387.9M	419.1M	471.5M	542.2M	410.2M
Other Assets	115M	244M	1.9B	112.9M	129.8M	123.3M
Long Term Debt	1.8B	1.8B	2.6B	2.3B	2.7B	2.2B
Cash And Short Term Investments	262.9M	387.9M	419.1M	471.5M	542.2M	410.2M
Net Receivables	624.8M	734.9M	580.4M	521.8M	469.6M	478.5M
Good Will	2.1B	2.1B	2.4B	2.5B	2.8B	2.4B
Inventory	718.6M	867.2M	889.5M	1.0B	1.2B	872.0M
Other Current Assets	166.9M	187.3M	849M	190.2M	218.7M	313.2M
Other Stockholder Equity	(72.6M)	(55.1M)	(24.6M)	37.4M	43.0M	45.2M
Total Liab	3.8B	3.9B	4.6B	4.9B	5.6B	4.4B
Total Current Assets	1.9B	2.2B	2.7B	2.5B	2.8B	2.3B
Intangible Assets	1.2B	1.2B	1.4B	1.4B	1.6B	1.4B
Property Plant Equipment	989.8M	1.1B	801.5M	902.6M	1.0B	978.1M

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Fortune Net Income vs Dividends Paid Analysis

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

Correlation Coefficient

Net Income

Dividends Paid

Fortune Brands fundamental ratios Correlations

Fortune Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortune Brands fundamental ratios Accounts

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COMMON DESTINATIONS

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Good Will	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Retained Earnings
Inventory	+ 0.99	Good Will

Other Stockholder Equity	- 0.93	Other Liab
Treasury Stock	- 0.92	Total Current Liabilities
Treasury Stock	- 0.91	Total Liab
Treasury Stock	- 0.9	Retained Earnings
Treasury Stock	- 0.89	Long Term Debt
Treasury Stock	- 0.89	Short Long Term Debt Total