Element Accounts Payable vs Other Assets Analysis

ESI Stock  USD 23.83  0.29  1.20%   
Element Solutions financial indicator trend analysis is much more than just examining Element Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Element Solutions is a good investment. Please check the relationship between Element Solutions Accounts Payable and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Element Solutions Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Element Solutions' Accounts Payable and Other Assets is 0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Element Solutions, assuming nothing else is changed. The correlation between historical values of Element Solutions' Accounts Payable and Other 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 Accounts Payable of Element Solutions are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Element Solutions' Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Element Solutions 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 Element Solutions 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.

Other Assets

Most indicators from Element Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Element Solutions 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 Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.As of now, Element Solutions' Enterprise Value Over EBITDA is increasing as compared to previous years. The Element Solutions' current Enterprise Value Multiple is estimated to increase to 18.81, while Tax Provision is projected to decrease to under 12.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit960.8M952.7M918.5M912.2M
Total Revenue2.4B2.5B2.3B2.2B

Element Solutions fundamental ratios Correlations

0.770.670.390.680.840.650.760.560.66-0.810.490.60.780.340.470.670.60.630.8-0.730.670.680.00.320.67
0.770.960.480.960.80.960.930.730.96-0.310.840.821.00.370.570.960.820.890.92-0.650.970.880.140.070.97
0.670.960.551.00.630.970.850.711.0-0.170.830.710.960.460.661.00.710.850.84-0.471.00.790.02-0.031.0
0.390.480.550.560.210.390.18-0.150.57-0.250.050.070.440.950.680.550.070.090.16-0.240.530.1-0.040.360.54
0.680.961.00.560.630.970.840.711.0-0.190.810.690.960.480.661.00.690.840.83-0.461.00.780.0-0.031.0
0.840.80.630.210.630.670.830.60.61-0.580.620.840.80.090.260.640.840.740.86-0.90.650.820.410.330.64
0.650.960.970.390.970.670.920.80.96-0.180.890.760.970.290.50.960.760.920.9-0.480.970.86-0.02-0.080.97
0.760.930.850.180.840.830.920.830.84-0.360.910.840.940.040.350.850.840.970.99-0.650.860.970.070.050.86
0.560.730.71-0.150.710.60.80.830.7-0.130.850.720.76-0.150.190.710.720.870.85-0.390.720.78-0.02-0.350.72
0.660.961.00.571.00.610.960.840.7-0.170.820.680.950.480.671.00.680.830.82-0.451.00.77-0.01-0.041.0
-0.81-0.31-0.17-0.25-0.19-0.58-0.18-0.36-0.13-0.170.0-0.18-0.32-0.23-0.17-0.17-0.18-0.17-0.410.56-0.16-0.280.18-0.57-0.16
0.490.840.830.050.810.620.890.910.850.820.00.830.85-0.10.390.830.830.980.89-0.40.840.930.11-0.110.84
0.60.820.710.070.690.840.760.840.720.68-0.180.830.81-0.080.320.711.00.880.86-0.60.720.90.510.080.72
0.781.00.960.440.960.80.970.940.760.95-0.320.850.810.330.550.960.810.910.94-0.650.970.890.090.050.97
0.340.370.460.950.480.090.290.04-0.150.48-0.23-0.1-0.080.330.610.46-0.08-0.060.03-0.160.44-0.08-0.130.20.44
0.470.570.660.680.660.260.50.350.190.67-0.170.390.320.550.610.670.320.380.38-0.210.640.330.00.290.65
0.670.961.00.551.00.640.960.850.711.0-0.170.830.710.960.460.670.710.850.84-0.471.00.790.02-0.021.0
0.60.820.710.070.690.840.760.840.720.68-0.180.831.00.81-0.080.320.710.880.86-0.60.720.90.510.080.72
0.630.890.850.090.840.740.920.970.870.83-0.170.980.880.91-0.060.380.850.880.96-0.510.860.970.11-0.050.86
0.80.920.840.160.830.860.90.990.850.82-0.410.890.860.940.030.380.840.860.96-0.690.850.960.090.060.85
-0.73-0.65-0.47-0.24-0.46-0.9-0.48-0.65-0.39-0.450.56-0.4-0.6-0.65-0.16-0.21-0.47-0.6-0.51-0.69-0.48-0.61-0.34-0.4-0.48
0.670.971.00.531.00.650.970.860.721.0-0.160.840.720.970.440.641.00.720.860.85-0.480.810.04-0.031.0
0.680.880.790.10.780.820.860.970.780.77-0.280.930.90.89-0.080.330.790.90.970.96-0.610.810.20.110.8
0.00.140.02-0.040.00.41-0.020.07-0.02-0.010.180.110.510.09-0.130.00.020.510.110.09-0.340.040.20.150.03
0.320.07-0.030.36-0.030.33-0.080.05-0.35-0.04-0.57-0.110.080.050.20.29-0.020.08-0.050.06-0.4-0.030.110.15-0.03
0.670.971.00.541.00.640.970.860.721.0-0.160.840.720.970.440.651.00.720.860.85-0.481.00.80.03-0.03
Click cells to compare fundamentals

Element Solutions Account Relationship Matchups

Element Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding260.1M249.9M247.9M245.8M241.8M228.1M
Total Assets4.3B4.5B5.1B4.9B5.0B6.6B
Short Long Term Debt Total1.5B1.5B1.9B1.9B1.9B2.2B
Other Current Liab34.1M7.1M79.2M149.2M217.3M194.0M
Total Current Liabilities293.8M314.3M415.2M344.4M369.4M440.5M
Total Stockholder Equity2.2B2.3B2.5B2.3B2.3B2.4B
Other Liab232.1M342.9M328.2M255M293.3M509.0M
Property Plant And Equipment Net264.8M240.4M278.1M277.2M296.9M315.7M
Current Deferred Revenue155.1M204.2M184.9M51.5M59.2M56.3M
Net Debt1.3B1.2B1.6B1.6B1.6B2.0B
Retained Earnings(1.5B)(1.5B)(1.3B)(1.2B)(1.2B)(1.2B)
Accounts Payable96.8M95.6M138.4M132.2M140.6M147.8M
Cash190.1M291.9M330.1M265.6M289.3M329.7M
Non Current Assets Total3.5B3.5B3.9B3.7B3.8B5.0B
Non Currrent Assets Other102.2M144.5M68.9M97.6M115.1M109.3M
Other Assets400K147M162.8M134.4M154.6M146.8M
Long Term Debt1.5B1.5B1.9B1.9B1.9B2.2B
Cash And Short Term Investments190.1M291.9M330.1M265.6M289.3M329.7M
Net Receivables363.9M403.4M492.2M455.8M461.8M598.2M
Good Will2.2B2.3B2.5B2.4B2.3B2.7B
Liabilities And Stockholders Equity4.3B4.5B5.1B4.9B5.0B6.6B
Non Current Liabilities Total1.8B1.9B2.2B2.2B2.3B2.6B
Inventory199.6M203.1M274.4M290.7M298.9M297.9M
Other Current Assets50.3M67.5M88.4M138.1M147.5M107.2M
Other Stockholder Equity4.0B4.0B4.0B3.9B3.9B2.7B
Total Liab2.1B2.2B2.6B2.6B2.6B3.0B
Property Plant And Equipment Gross264.8M240M545.1M566M621.2M396.3M
Total Current Assets833.4M989.9M1.2B1.2B1.2B1.6B
Accumulated Other Comprehensive Income(280.5M)(194.8M)(197.4M)(298.1M)(345.9M)(363.2M)
Treasury Stock(3.5M)(78.9M)(137.7M)(159.2M)(143.3M)(136.1M)
Short Term Debt7.8M7.4M12.7M11.5M10.4M9.8M
Intangible Assets944.4M855.9M956.7M805.5M879.3M1.2B
Property Plant Equipment264.8M240.4M278.1M277.2M318.8M314.7M
Net Tangible Assets(903.1M)(788.8M)(1.0B)1.5B1.8B1.8B
Noncontrolling Interest In Consolidated Entity(1.6M)(1.7M)20.1M16.6M14.9M14.2M
Retained Earnings Total Equity(1.5B)(1.5B)(1.3B)(1.2B)(1.1B)(1.2B)
Long Term Debt Total1.5B1.5B1.9B1.9B1.7B2.6B

Currently Active Assets on Macroaxis

When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Element Solutions' price analysis, check to measure Element Solutions' 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 Element Solutions is operating at the current time. Most of Element Solutions' value examination focuses on studying past and present price action to predict the probability of Element Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element Solutions' price. Additionally, you may evaluate how the addition of Element Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Element Solutions' 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 Element Solutions. If investors know Element 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 Element Solutions 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
0.293
Dividend Share
0.32
Earnings Share
0.53
Revenue Per Share
9.661
Quarterly Revenue Growth
0.001
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.