3M Net Income Per Employee vs Enterprise Value Analysis
MMM Stock | USD 104.59 1.96 1.91% |
Trend analysis of 3M Company balance sheet accounts such as Total Current Liabilities of 16.1 B provides information on 3M's total assets, liabilities, and equity, which is the actual value of 3M Company to its prevalent stockholders. By breaking down trends over time using 3M balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
3M |
About 3M Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of 3M Company at a specified time, usually calculated after every quarter, six months, or one year. 3M Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3M and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 3M currently owns. An asset can also be divided into two categories, current and non-current.
3M Balance Sheet Chart
3M Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how 3M Company uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, 3M's Cash And Short Term Investments are very stable compared to the past year. As of the 28th of March 2024, Common Stock Shares Outstanding is likely to grow to about 606.9 M, while Total Stockholder Equity is likely to drop about 4.6 B. Add Fundamental
Total Assets
Total assets refers to the total amount of 3M 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 3M Company 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.Total Current Liabilities
Total Current Liabilities is an item on 3M balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 3M Company are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from 3M's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3M Company 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. As of the 28th of March 2024, Selling General Administrative is likely to grow to about 22.5 B, though Tax Provision is likely to grow to (2.6 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.6B | 15.0B | 14.2B | 11.0B | Total Revenue | 35.4B | 34.2B | 32.7B | 23.6B |
3M fundamental ratios Correlations
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3M Account Relationship Matchups
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3M fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.7B | 47.3B | 47.1B | 46.5B | 50.6B | 25.6B | |
Short Long Term Debt Total | 20.6B | 19.1B | 17.6B | 16.2B | 16.9B | 17.7B | |
Other Current Liab | 3.5B | 3.8B | 3.9B | 3.6B | 8.3B | 8.7B | |
Total Current Liabilities | 9.2B | 7.9B | 9.0B | 9.5B | 15.3B | 16.1B | |
Total Stockholder Equity | 10.1B | 12.9B | 15.1B | 14.8B | 4.8B | 4.6B | |
Property Plant And Equipment Net | 10.2B | 10.3B | 10.3B | 10.0B | 9.9B | 7.1B | |
Net Debt | 18.2B | 14.4B | 13.1B | 12.5B | 10.9B | 11.5B | |
Retained Earnings | 42.1B | 43.8B | 45.8B | 48.0B | 37.5B | 22.7B | |
Cash | 2.4B | 4.6B | 4.6B | 3.7B | 5.9B | 6.2B | |
Non Current Assets Total | 31.7B | 32.4B | 31.7B | 31.8B | 34.2B | 35.9B | |
Non Currrent Assets Other | 957M | 1.4B | 1.8B | 2.3B | 2.0B | 1.3B | |
Cash And Short Term Investments | 2.5B | 5.0B | 4.8B | 3.9B | 6.0B | 6.3B | |
Net Receivables | 4.8B | 4.7B | 4.7B | 4.5B | 4.9B | 3.6B | |
Common Stock Shares Outstanding | 585.1M | 582.2M | 585.3M | 567.6M | 553.9M | 606.9M | |
Liabilities And Stockholders Equity | 44.7B | 47.3B | 47.1B | 46.5B | 50.6B | 25.6B | |
Non Current Liabilities Total | 25.3B | 26.5B | 22.9B | 22.2B | 30.4B | 31.9B | |
Inventory | 4.1B | 4.2B | 5.0B | 5.4B | 4.8B | 3.2B | |
Other Current Assets | 891M | 325M | 339M | 456M | 149M | 141.6M | |
Other Stockholder Equity | (23.9B) | (23.2B) | (24.0B) | (26.5B) | (25.9B) | (24.6B) | |
Total Liab | 34.5B | 34.4B | 32.0B | 31.7B | 45.7B | 48.0B | |
Total Current Assets | 13.0B | 15.0B | 15.4B | 14.7B | 16.4B | 10.0B | |
Short Term Debt | 3.0B | 1.1B | 1.6B | 2.2B | 3.2B | 3.3B | |
Accounts Payable | 2.2B | 2.6B | 3.0B | 3.2B | 3.2B | 1.6B | |
Property Plant And Equipment Gross | 10.2B | 10.3B | 10.3B | 26.0B | 27.6B | 29.0B | |
Accumulated Other Comprehensive Income | (8.1B) | (7.7B) | (6.8B) | (6.7B) | (6.8B) | (6.4B) | |
Current Deferred Revenue | 430M | 498M | 529M | 538M | 572M | 367.8M | |
Short Term Investments | 98M | 404M | 201M | 238M | 53M | 50.4M | |
Intangible Assets | 6.4B | 5.8B | 5.3B | 4.7B | 4.2B | 2.5B | |
Other Liab | 7.1B | 8.5B | 6.9B | 7.5B | 8.6B | 4.8B | |
Long Term Debt | 17.5B | 18.0B | 16.1B | 14.0B | 13.1B | 7.9B | |
Treasury Stock | (29.6B) | (29.8B) | (29.4B) | (30.5B) | (27.4B) | (26.0B) | |
Property Plant Equipment | 9.3B | 9.4B | 10.3B | 10.0B | 11.5B | 8.3B | |
Good Will | 13.4B | 13.8B | 13.5B | 12.8B | 12.9B | 8.3B | |
Net Tangible Assets | (9.8B) | (6.8B) | (3.7B) | (2.8B) | (2.5B) | (2.4B) | |
Noncontrolling Interest In Consolidated Entity | 63M | 64M | 71M | 48M | 43.2M | 41.0M | |
Retained Earnings Total Equity | 42.1B | 43.8B | 45.8B | 48.0B | 55.1B | 40.0B | |
Capital Surpluse | 5.9B | 6.2B | 6.4B | 6.7B | 7.7B | 5.4B |
3M Investors Sentiment
The influence of 3M's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 3M. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to 3M's public news can be used to forecast risks associated with an investment in 3M. The trend in average sentiment can be used to explain how an investor holding 3M can time the market purely based on public headlines and social activities around 3M Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
3M's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for 3M's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average 3M's news discussions. The higher the estimated score, the more favorable is the investor's outlook on 3M.
3M Implied Volatility | 32.58 |
3M's implied volatility exposes the market's sentiment of 3M Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 3M's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 3M stock will not fluctuate a lot when 3M's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for 3M Stock analysis
When running 3M's price analysis, check to measure 3M'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 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M'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 3M. If investors know 3M 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 3M 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 0.744 | Dividend Share 6 | Earnings Share (12.63) | Revenue Per Share 59.002 | Quarterly Revenue Growth (0.01) |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M'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 3M's market value can be influenced by many factors that don't directly affect 3M'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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M'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.