Sensient Common Stock Shares Outstanding vs Accounts Payable Analysis

SXT Stock  USD 75.65  0.33  0.43%   
Sensient Technologies financial indicator trend analysis is much more than just breaking down Sensient Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensient Technologies is a good investment. Please check the relationship between Sensient Technologies Common Stock Shares Outstanding and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sensient Technologies Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sensient Technologies' Common Stock Shares Outstanding and Accounts Payable is -0.37. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sensient Technologies, assuming nothing else is changed. The correlation between historical values of Sensient Technologies' Common Stock Shares Outstanding and Accounts Payable 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 Shares Outstanding of Sensient Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Sensient Technologies' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Sensient Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sensient Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Sensient Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensient Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.At this time, Sensient Technologies' Discontinued Operations is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 253.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense12.5M14.5M25.2M24.5M
Depreciation And Amortization52.1M52.5M57.8M44.8M

Sensient Technologies fundamental ratios Correlations

0.720.550.930.90.960.710.790.60.990.460.60.94-0.10.790.950.39-0.450.850.330.980.510.020.390.060.06
0.720.150.70.360.61.00.790.640.670.630.640.67-0.560.990.720.43-0.830.970.290.770.530.10.51-0.02-0.02
0.550.150.540.660.570.150.230.090.570.070.090.520.350.190.480.320.080.27-0.120.520.03-0.310.10.370.37
0.930.70.540.790.860.70.890.510.920.620.510.91-0.280.760.880.28-0.550.840.460.910.450.170.41-0.15-0.15
0.90.360.660.790.930.350.550.410.920.20.410.830.260.450.830.29-0.060.540.240.850.37-0.060.190.130.13
0.960.60.570.860.930.590.680.530.970.310.530.830.080.650.890.36-0.260.720.310.90.49-0.020.220.070.07
0.711.00.150.70.350.590.790.620.660.630.620.67-0.560.990.710.44-0.830.970.290.760.540.10.5-0.03-0.03
0.790.790.230.890.550.680.790.540.780.870.540.76-0.650.820.730.36-0.820.870.620.780.330.40.37-0.4-0.4
0.60.640.090.510.410.530.620.540.580.371.00.52-0.310.680.620.03-0.550.670.150.60.270.00.560.120.12
0.990.670.570.920.920.970.660.780.580.450.580.91-0.050.730.910.41-0.40.80.320.950.490.00.310.060.06
0.460.630.070.620.20.310.630.870.370.450.370.48-0.820.640.420.25-0.860.660.690.47-0.010.610.31-0.59-0.59
0.60.640.090.510.410.530.620.541.00.580.370.52-0.310.680.620.03-0.550.670.150.60.270.00.560.120.12
0.940.670.520.910.830.830.670.760.520.910.480.52-0.160.750.910.24-0.480.810.280.950.410.020.590.070.07
-0.1-0.560.35-0.280.260.08-0.56-0.65-0.31-0.05-0.82-0.31-0.16-0.53-0.11-0.10.91-0.5-0.48-0.150.05-0.52-0.370.550.55
0.790.990.190.760.450.650.990.820.680.730.640.680.75-0.530.780.41-0.820.990.310.830.550.10.55-0.01-0.01
0.950.720.480.880.830.890.710.730.620.910.420.620.91-0.110.780.18-0.430.840.40.970.510.130.550.00.0
0.390.430.320.280.290.360.440.360.030.410.250.030.24-0.10.410.18-0.290.4-0.090.360.37-0.24-0.350.190.19
-0.45-0.830.08-0.55-0.06-0.26-0.83-0.82-0.55-0.4-0.86-0.55-0.480.91-0.82-0.43-0.29-0.8-0.4-0.49-0.18-0.33-0.520.310.31
0.850.970.270.840.540.720.970.870.670.80.660.670.81-0.50.990.840.4-0.80.350.880.550.120.54-0.04-0.04
0.330.29-0.120.460.240.310.290.620.150.320.690.150.28-0.480.310.4-0.09-0.40.350.330.020.940.05-0.9-0.9
0.980.770.520.910.850.90.760.780.60.950.470.60.95-0.150.830.970.36-0.490.880.330.520.050.50.060.06
0.510.530.030.450.370.490.540.330.270.49-0.010.270.410.050.550.510.37-0.180.550.020.52-0.170.010.160.16
0.020.1-0.310.17-0.06-0.020.10.40.00.00.610.00.02-0.520.10.13-0.24-0.330.120.940.05-0.170.03-0.95-0.95
0.390.510.10.410.190.220.50.370.560.310.310.560.59-0.370.550.55-0.35-0.520.540.050.50.010.030.140.14
0.06-0.020.37-0.150.130.07-0.03-0.40.120.06-0.590.120.070.55-0.010.00.190.31-0.04-0.90.060.16-0.950.141.0
0.06-0.020.37-0.150.130.07-0.03-0.40.120.06-0.590.120.070.55-0.010.00.190.31-0.04-0.90.060.16-0.950.141.0
Click cells to compare fundamentals

Sensient Technologies Account Relationship Matchups

Sensient Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.7B2.0B2.0B1.4B
Short Long Term Debt Total619.1M527.3M511.5M650.7M658.5M433.5M
Other Current Liab86.1M99.4M98.2M109.4M91.7M67.8M
Total Current Liabilities201.4M216.0M232.3M272.2M236.3M223.0M
Total Stockholder Equity881.6M934.3M938.4M999.6M1.1B687.9M
Property Plant And Equipment Net437.2M445.5M446.5M483.2M505.3M397.1M
Net Debt598.0M502.5M485.8M629.8M629.6M419.0M
Retained Earnings1.5B1.6B1.6B1.7B1.7B1.8B
Cash21.2M24.8M25.7M20.9M28.9M14.5M
Non Current Assets Total951.9M999.3M1.0B1.0B1.1B800.9M
Non Currrent Assets Other95.9M119.6M122.9M96.6M136.4M143.3M
Cash And Short Term Investments21.2M24.8M25.7M20.9M28.9M14.5M
Net Receivables213.2M234.1M261.1M302.1M272.2M178.7M
Common Stock Shares Outstanding42.3M42.3M42.3M42.2M42.2M38.5M
Liabilities And Stockholders Equity1.7B1.7B1.7B2.0B2.0B1.4B
Non Current Liabilities Total657.2M590.6M574.8M709.9M724.9M465.6M
Inventory422.5M381.3M411.6M564.1M598.4M331.8M
Other Current Assets131.3M101.3M42.7M47.6M37.1M50.5M
Other Stockholder Equity(496.9M)(490.6M)(523.1M)(507.8M)(506.8M)(481.5M)
Total Liab858.6M806.5M807.1M982.0M961.2M688.6M
Property Plant And Equipment Gross437.2M445.5M446.5M483.2M1.2B1.3B
Total Current Assets788.2M741.6M741.2M934.8M936.6M575.6M
Accumulated Other Comprehensive Income(163.0M)(159.1M)(174.6M)(200.7M)(172.1M)(163.5M)
Short Term Debt20.6M9.2M8.5M20.4M13.5M12.8M
Intangible Assets11.8M10.9M15.0M18.6M436.2M458.0M
Accounts Payable94.7M107.3M125.5M142.4M131.1M84.6M
Other Liab48.8M72.6M71.8M51.5M59.3M57.1M
Other Assets79.1M119.6M122.9M129.3M148.7M78.0M
Long Term Debt598.5M518.0M503.0M630.3M645.1M530.1M
Treasury Stock(597.8M)(595.3M)(593.5M)(634.4M)(571.0M)(542.4M)
Property Plant Equipment437.2M445.5M446.5M483.2M555.7M477.9M
Good Will407.0M423.3M420.0M415.7M424.1M344.6M
Net Tangible Assets907.4M963.3M503.4M1.0B1.2B903.3M
Retained Earnings Total Equity1.5B1.6B1.6B1.7B2.0B1.3B
Long Term Debt Total598.5M518.0M503.0M630.3M724.9M582.8M
Capital Surpluse98.4M102.9M111.4M124.0M142.6M115.7M
Deferred Long Term Liab15.1M13.4M14.3M16.0M18.4M14.6M

Pair Trading with Sensient Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sensient Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sensient Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sensient Stock

  0.81DD Dupont De Nemours Earnings Call This WeekPairCorr

Moving against Sensient Stock

  0.64WDFC WD 40 Company Financial Report 8th of July 2024 PairCorr
  0.54DNMR Danimer ScientificPairCorr
The ability to find closely correlated positions to Sensient Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sensient Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sensient Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sensient Technologies to buy it.
The correlation of Sensient Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sensient Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sensient Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sensient Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sensient Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Sensient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sensient Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Sensient Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Sensient Technologies' 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 Sensient Technologies. If investors know Sensient 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 Sensient Technologies 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
(0.09)
Dividend Share
1.64
Earnings Share
2.14
Revenue Per Share
35
Quarterly Revenue Growth
0.042
The market value of Sensient Technologies is measured differently than its book value, which is the value of Sensient that is recorded on the company's balance sheet. Investors also form their own opinion of Sensient Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sensient Technologies' 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 Sensient Technologies' market value can be influenced by many factors that don't directly affect Sensient Technologies' 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 Sensient Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sensient Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sensient Technologies' 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.