Mettler Common Stock vs Total Current Assets Analysis

MTD Stock  USD 1,531  10.66  0.70%   
Mettler Toledo financial indicator trend analysis is infinitely more than just investigating Mettler Toledo Inter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mettler Toledo Inter is a good investment. Please check the relationship between Mettler Toledo Common Stock and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mettler Toledo International. 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.

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mettler Toledo Inter Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mettler Toledo's Common Stock and Total Current Assets is 0.54. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Mettler Toledo International, assuming nothing else is changed. The correlation between historical values of Mettler Toledo's Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Mettler Toledo International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Mettler Toledo's Common Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

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.
Most indicators from Mettler Toledo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mettler Toledo Inter 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 Mettler Toledo International. 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, Mettler Toledo's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.3B2.2B1.3B
Total Revenue3.7B3.9B3.8B2.3B

Mettler Toledo fundamental ratios Correlations

0.710.960.95-0.260.930.680.770.960.190.990.70.190.99-0.820.760.960.42-0.770.780.530.980.330.720.560.56
0.710.750.75-0.80.651.00.970.64-0.060.740.81-0.060.68-0.840.990.770.04-0.990.990.870.640.750.790.650.65
0.960.750.99-0.420.890.740.780.92-0.070.970.69-0.070.94-0.860.780.980.4-0.80.80.530.910.420.80.520.52
0.950.750.99-0.430.870.740.790.92-0.050.960.72-0.050.93-0.840.780.980.44-0.810.80.560.910.490.790.560.56
-0.26-0.8-0.42-0.43-0.27-0.83-0.67-0.180.41-0.33-0.510.41-0.220.62-0.75-0.420.290.74-0.72-0.66-0.14-0.72-0.71-0.34-0.34
0.930.650.890.87-0.270.630.720.860.130.950.490.130.94-0.90.70.860.16-0.720.70.470.870.220.720.450.45
0.681.00.740.74-0.830.630.960.6-0.140.720.8-0.140.65-0.830.990.750.04-0.980.980.870.60.770.790.640.64
0.770.970.780.79-0.670.720.960.69-0.020.790.81-0.020.75-0.850.980.780.15-0.990.980.90.710.740.70.750.75
0.960.640.920.92-0.180.860.60.690.240.940.660.240.94-0.730.680.950.47-0.680.710.410.970.280.690.440.44
0.19-0.06-0.07-0.050.410.13-0.14-0.020.240.11-0.011.00.170.080.00.04-0.030.09-0.01-0.050.32-0.33-0.160.070.07
0.990.740.970.96-0.330.950.720.790.940.110.70.110.99-0.860.790.960.38-0.80.80.560.950.360.760.570.56
0.70.810.690.72-0.510.490.80.810.66-0.010.7-0.010.66-0.520.830.740.51-0.810.850.740.680.70.560.660.66
0.19-0.06-0.07-0.050.410.13-0.14-0.020.241.00.11-0.010.170.080.00.04-0.030.09-0.01-0.050.32-0.33-0.160.070.07
0.990.680.940.93-0.220.940.650.750.940.170.990.660.17-0.820.730.930.43-0.740.750.50.970.290.680.540.54
-0.82-0.84-0.86-0.840.62-0.9-0.83-0.85-0.730.08-0.86-0.520.08-0.82-0.85-0.830.050.87-0.83-0.64-0.73-0.45-0.85-0.49-0.49
0.760.990.780.78-0.750.70.990.980.680.00.790.830.00.73-0.850.80.08-0.981.00.860.690.70.790.660.66
0.960.770.980.98-0.420.860.750.780.950.040.960.740.040.93-0.830.80.42-0.80.820.510.930.410.820.480.48
0.420.040.40.440.290.160.040.150.47-0.030.380.51-0.030.430.050.080.42-0.130.150.070.50.21-0.010.340.34
-0.77-0.99-0.8-0.810.74-0.72-0.98-0.99-0.680.09-0.8-0.810.09-0.740.87-0.98-0.8-0.13-0.99-0.89-0.69-0.75-0.76-0.72-0.72
0.780.990.80.8-0.720.70.980.980.71-0.010.80.85-0.010.75-0.831.00.820.15-0.990.870.720.730.770.690.69
0.530.870.530.56-0.660.470.870.90.41-0.050.560.74-0.050.5-0.640.860.510.07-0.890.870.460.830.490.880.88
0.980.640.910.91-0.140.870.60.710.970.320.950.680.320.97-0.730.690.930.5-0.690.720.460.260.610.540.54
0.330.750.420.49-0.720.220.770.740.28-0.330.360.7-0.330.29-0.450.70.410.21-0.750.730.830.260.450.690.69
0.720.790.80.79-0.710.720.790.70.69-0.160.760.56-0.160.68-0.850.790.82-0.01-0.760.770.490.610.450.270.27
0.560.650.520.56-0.340.450.640.750.440.070.570.660.070.54-0.490.660.480.34-0.720.690.880.540.690.271.0
0.560.650.520.56-0.340.450.640.750.440.070.560.660.070.54-0.490.660.480.34-0.720.690.880.540.690.271.0
Click cells to compare fundamentals

Mettler Toledo Account Relationship Matchups

Mettler Toledo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.8B3.3B3.5B3.4B2.2B
Short Long Term Debt Total1.3B1.3B1.7B2.0B2.1B2.2B
Other Current Liab390.6M465.1M579.8M596.4M576.4M330.6M
Total Current Liabilities754.5M840.3M1.1B1.1B1.2B626.4M
Total Stockholder Equity420.8M282.7M171.4M24.8M(149.9M)(142.4M)
Property Plant And Equipment Net748.7M798.9M799.4M778.6M803.4M477.2M
Net Debt1.1B1.2B1.6B1.9B2.0B2.1B
Retained Earnings4.5B5.1B5.9B6.7B7.5B7.9B
Accounts Payable185.6M175.8M272.9M252.5M210.4M145.4M
Cash207.8M94.3M98.6M96.0M69.8M126.6M
Non Current Assets Total1.7B1.8B2.1B2.1B2.1B1.3B
Non Currrent Assets Other188.8M211.7M302.0M338.5M335.2M352.0M
Cash And Short Term Investments207.8M94.3M98.6M96.0M69.8M126.6M
Net Receivables566.3M593.8M647.3M709.3M663.9M430.5M
Common Stock Shares Outstanding25.0M24.2M23.5M22.7M22.0M27.0M
Liabilities And Stockholders Equity2.8B2.8B3.3B3.5B3.4B2.2B
Non Current Liabilities Total1.6B1.7B2.0B2.3B2.3B2.4B
Inventory274.3M297.6M414.5M441.7M385.9M233.9M
Other Current Assets61.3M71.2M108.9M128.1M110.6M75.4M
Other Stockholder Equity(3.8B)(4.5B)(5.4B)(6.5B)(7.3B)(7.0B)
Total Liab2.4B2.5B3.2B3.5B3.5B3.7B
Property Plant And Equipment Gross748.7M798.9M799.4M778.6M1.5B1.6B
Total Current Assets1.1B1.1B1.3B1.4B1.2B878.4M
Accumulated Other Comprehensive Income(323.7M)(334.9M)(255.2M)(227.2M)(319.8M)(303.8M)
Short Term Debt55.9M50.3M101.1M106.1M192.2M201.8M
Intangible Assets206.2M196.8M307.5M306.1M285.4M181.8M
Other Liab316.2M407.4M428.0M324.5M373.2M250.0M
Other Assets101.5M211.7M302.0M372.5M428.4M449.8M
Long Term Debt1.2B1.3B1.6B1.9B1.9B2.0B
Good Will536.0M550.3M648.6M660.2M670.1M519.6M
Property Plant Equipment748.7M798.9M799.4M778.6M895.4M489.9M
Current Deferred Revenue122.5M149.1M192.6M192.8M202.0M115.4M
Treasury Stock(4.5B)(5.3B)(6.3B)(7.3B)(6.6B)(6.3B)
Net Tangible Assets(321.4M)282.7M171.4M24.8M22.3M37.2M
Retained Earnings Total Equity4.5B5.1B5.9B6.7B7.7B8.1B
Long Term Debt Total1.2B1.3B1.6B1.9B2.2B2.3B
Capital Surpluse783.9M805.1M826.0M850.4M977.9M801.4M
Deferred Long Term Liab45.3M34.4M62.2M111.4M100.2M105.2M

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When determining whether Mettler Toledo Inter is a strong investment it is important to analyze Mettler Toledo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mettler Toledo's future performance. For an informed investment choice regarding Mettler Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mettler Toledo International. 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.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Mettler Toledo'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 Mettler Toledo. If investors know Mettler 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 Mettler Toledo 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
(0.03)
Earnings Share
35.72
Revenue Per Share
174.555
Quarterly Revenue Growth
(0)
Return On Assets
0.2032
The market value of Mettler Toledo Inter is measured differently than its book value, which is the value of Mettler that is recorded on the company's balance sheet. Investors also form their own opinion of Mettler Toledo's value that differs from its market value or its book value, called intrinsic value, which is Mettler Toledo'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 Mettler Toledo's market value can be influenced by many factors that don't directly affect Mettler Toledo'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 Mettler Toledo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mettler Toledo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mettler Toledo'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.