Axalta Property Plant And Equipment Net vs Good Will Analysis
AXTA Stock | USD 34.91 0.37 1.05% |
Axalta Coating financial indicator trend analysis is way more than just evaluating Axalta Coating Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axalta Coating Systems is a good investment. Please check the relationship between Axalta Coating Property Plant And Equipment Net and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. 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.
Property Plant And Equipment Net vs Good Will
Property Plant And Equipment Net vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axalta Coating Systems Property Plant And Equipment Net account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Axalta Coating's Property Plant And Equipment Net and Good Will is 0.54. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Good Will in the same time period over historical financial statements of Axalta Coating Systems, assuming nothing else is changed. The correlation between historical values of Axalta Coating's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Axalta Coating Systems 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 Property Plant And Equipment Net i.e., Axalta Coating's Property Plant And Equipment Net and Good Will go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.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 Axalta Coating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axalta Coating Systems 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 Axalta Coating Systems. 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. At present, Axalta Coating's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.47, whereas Selling General Administrative is forecasted to decline to about 705.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 5.2B | 5.4B | Total Revenue | 4.4B | 4.9B | 5.2B | 4.8B |
Axalta Coating fundamental ratios Correlations
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Axalta Coating Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axalta Coating fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 235.8M | 236M | 231.9M | 222.3M | 221.9M | 187.0M | |
Total Assets | 6.8B | 7.2B | 7.2B | 7.1B | 7.3B | 7.0B | |
Short Long Term Debt Total | 3.8B | 3.9B | 3.8B | 3.7B | 3.5B | 3.7B | |
Other Current Liab | 545.3M | 562.3M | 597.8M | 458.1M | 676.9M | 710.7M | |
Total Current Liabilities | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | 1.2B | |
Total Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 1.5B | |
Other Liab | 454.1M | 658M | 593.7M | 425.8M | 489.7M | 497.1M | |
Property Plant And Equipment Net | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.0B | |
Net Debt | 2.8B | 2.5B | 3.0B | 3.1B | 2.8B | 3.0B | |
Accounts Payable | 483.7M | 564.4M | 657.4M | 733.5M | 665.3M | 588.9M | |
Cash | 1.0B | 1.4B | 840.6M | 645.2M | 699.8M | 725.8M | |
Non Current Assets Total | 4.2B | 4.2B | 4.6B | 4.4B | 4.5B | 4.5B | |
Non Currrent Assets Other | 424.9M | 367.8M | 584.5M | 399.8M | 249.5M | 333.3M | |
Other Assets | 491M | 596M | 584.5M | 462.4M | 531.8M | 531.5M | |
Cash And Short Term Investments | 1.0B | 1.4B | 840.6M | 645.2M | 699.8M | 725.8M | |
Net Receivables | 830.1M | 869.8M | 937.5M | 1.1B | 1.3B | 986.1M | |
Good Will | 1.2B | 1.3B | 1.6B | 1.5B | 1.6B | 1.3B | |
Liabilities And Stockholders Equity | 6.8B | 7.2B | 7.2B | 7.1B | 7.3B | 7.0B | |
Non Current Liabilities Total | 4.3B | 4.5B | 4.3B | 4.2B | 4.1B | 4.3B | |
Inventory | 591.6M | 559.9M | 669.7M | 829.6M | 741.1M | 663.1M | |
Other Current Assets | 134.2M | 135.3M | 127.8M | 140.8M | 117.2M | 120.4M | |
Other Stockholder Equity | 1.1B | 1.0B | 828.3M | 649.2M | 631.6M | 881.2M | |
Total Liab | 5.4B | 5.7B | 5.7B | 5.6B | 5.5B | 5.5B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 2.4B | 2.5B | 2.6B | 1.8B | |
Total Current Assets | 2.6B | 2.9B | 2.6B | 2.7B | 2.8B | 2.5B | |
Accumulated Other Comprehensive Income | (395.5M) | (424.8M) | (414.4M) | (466.9M) | (444.2M) | (466.4M) | |
Short Term Debt | 42.2M | 43.9M | 54.2M | 79.7M | 56.9M | 47.6M | |
Intangible Assets | 1.2B | 1.1B | 1.3B | 1.1B | 1.1B | 1.3B | |
Property Plant Equipment | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B | |
Retained Earnings | 443.2M | 563.3M | 827.2M | 1.0B | 1.3B | 1.4B | |
Long Term Debt | 3.8B | 3.8B | 3.7B | 3.7B | 3.5B | 4.0B | |
Common Stock Total Equity | 249.9M | 250.9M | 251.8M | 252.4M | 290.3M | 267.1M | |
Common Stock | 249.9M | 250.9M | 251.8M | 252.4M | 253.7M | 268.2M | |
Net Tangible Assets | (1.1B) | (1.0B) | (1.4B) | (1.2B) | (1.0B) | (1.1B) | |
Noncontrolling Interest In Consolidated Entity | 55.4M | 46.8M | 45.8M | 46M | 41.4M | 61.1M | |
Retained Earnings Total Equity | 443.2M | 563.3M | 827.2M | 1.0B | 1.2B | 1.2B | |
Long Term Debt Total | 3.8B | 3.8B | 3.7B | 3.7B | 4.2B | 4.0B |
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Is Axalta Coating'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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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 (0.33) | Earnings Share 1.12 | Revenue Per Share 23.527 | Quarterly Revenue Growth 0.008 | Return On Assets 0.0591 |
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.