Eaton Cash And Short Term Investments from 2010 to 2024

ETN Stock  USD 324.64  0.34  0.10%   
Eaton PLC Cash And Short Term Investments yearly trend continues to be very stable with very little volatility. Cash And Short Term Investments are likely to grow to about 2.7 B this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1985-12-31
Previous Quarter
1.9 B
Current Value
2.6 B
Quarterly Volatility
451.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eaton PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eaton main balance sheet or income statement drivers, such as Interest Expense of 158.6 M, Total Revenue of 12.9 B or Gross Profit of 24.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0136 or PTB Ratio of 5.3. Eaton financial statements analysis is a perfect complement when working with Eaton PLC Valuation or Volatility modules.
  
This module can also supplement Eaton PLC's financial leverage analysis and stock options assessment as well as various Eaton PLC Technical models . Check out the analysis of Eaton PLC Correlation against competitors.
To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

Latest Eaton PLC's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Eaton PLC over the last few years. Short Term Investments is an account in the current assets section of Eaton PLC balance sheet. This account contains Eaton PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Eaton PLC fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Eaton PLC's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eaton PLC's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Eaton Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,092,663,333
Geometric Mean919,489,354
Coefficient Of Variation66.73
Mean Deviation506,996,000
Median1,026,000,000
Standard Deviation729,180,124
Sample Variance531703.7T
Range2.3B
R-Value0.38
Mean Square Error491370.3T
R-Squared0.14
Significance0.17
Slope61,413,036
Total Sum of Squares7443851.2T

Eaton Cash And Short Term Investments History

20242.7 B
20232.6 B
2022555 M
2021568 M
20201.1 B
2019591 M
2018440 M

About Eaton PLC Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eaton PLC income statement, its balance sheet, and the statement of cash flows. Eaton PLC investors use historical funamental indicators, such as Eaton PLC's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Eaton PLC investors may use each financial statement separately, they are all related. The changes in Eaton PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eaton PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eaton PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eaton PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments2.6 B2.7 B

Pair Trading with Eaton PLC

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 Eaton PLC 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 Eaton PLC will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC 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 Eaton PLC - 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 Eaton PLC to buy it.
The correlation of Eaton PLC 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 Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC 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 Eaton PLC 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 Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC'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 Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:
Check out the analysis of Eaton PLC Correlation against competitors.
To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Eaton PLC'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 Eaton PLC. If investors know Eaton 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 Eaton PLC 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
0.304
Dividend Share
3.44
Earnings Share
8.01
Revenue Per Share
58.121
Quarterly Revenue Growth
0.108
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC'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 Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC'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 Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC'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.