ESAB Total Current Assets vs Non Current Assets Total Analysis
| ESAB Stock | USD 102.82 0.54 0.53% |
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 Total Current Assets and its Non Current Assets Total 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.
Total Current Assets vs Non Current Assets Total
Total Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESAB Corp Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between ESAB Corp's Total Current Assets and Non Current Assets Total is 0.63. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of ESAB Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., ESAB Corp's Total Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.63 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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) | Interest Expense | 39.8M | 38.0M | 76.3M | 54.3M | Depreciation And Amortization | 125.0M | 112.2M | 69.7M | 83.1M |
ESAB Corp fundamental ratios Correlations
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ESAB Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 ESAB Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESAB Corp'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 Esab Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Esab Corp Stock: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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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.