ESAB Short Term Debt vs Current Deferred Revenue Analysis
| ESAB Stock | USD 108.03 0.63 0.58% |
ESAB Corp financial indicator trend analysis is much more than just examining ESAB Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESAB Corp is a good investment. Please check the relationship between ESAB Corp Short Term Debt and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
Short Term Debt vs Current Deferred Revenue
Short Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESAB Corp Short Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ESAB Corp's Short Term Debt and Current Deferred Revenue is 0.87. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of ESAB Corp, assuming nothing else is changed. The correlation between historical values of ESAB Corp's Short Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ESAB Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Debt i.e., ESAB Corp's Short Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Short Term Debt
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from ESAB Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESAB Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Tax Provision is forecasted to decline to about 71.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 838.0M | 885.5M | 976.1M | 919.3M | Total Revenue | 2.4B | 2.6B | 2.8B | 2.6B |
ESAB Corp fundamental ratios Correlations
Click cells to compare fundamentals
ESAB Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.Note that the ESAB Corp information on this page should be used as a complementary analysis to other ESAB Corp'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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When running ESAB Corp's price analysis, check to measure ESAB Corp'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 ESAB Corp is operating at the current time. Most of ESAB Corp's value examination focuses on studying past and present price action to predict the probability of ESAB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESAB Corp's price. Additionally, you may evaluate how the addition of ESAB Corp to your portfolios can decrease your overall portfolio volatility.
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Is ESAB Corp'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 ESAB Corp. If investors know ESAB 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 ESAB Corp 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 0.864 | Dividend Share 0.24 | Earnings Share 4.02 | Revenue Per Share 46.124 | Quarterly Revenue Growth 0.008 |
The market value of ESAB Corp is measured differently than its book value, which is the value of ESAB that is recorded on the company's balance sheet. Investors also form their own opinion of ESAB Corp's value that differs from its market value or its book value, called intrinsic value, which is ESAB Corp'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 ESAB Corp's market value can be influenced by many factors that don't directly affect ESAB Corp'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 ESAB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESAB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESAB Corp'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.