Fortive Current Deferred Revenue vs Capex To Revenue Analysis

FTV Stock  USD 76.10  0.66  0.87%   
Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Current Deferred Revenue and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.

Current Deferred Revenue vs Capex To Revenue

Current Deferred Revenue vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortive Corp Current Deferred Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fortive Corp's Current Deferred Revenue and Capex To Revenue is -0.05. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Current Deferred Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Fortive Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., Fortive Corp's Current Deferred Revenue and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive Corp 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 Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.Tax Provision is likely to climb to about 145.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.9 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.4B3.6B3.4B
Total Revenue5.3B5.8B3.6B4.7B

Fortive Corp fundamental ratios Correlations

0.420.340.290.430.250.210.45-0.590.410.05-0.330.050.430.290.18-0.43-0.470.310.450.39-0.150.37-0.41-0.45-0.5
0.420.930.880.860.910.560.95-0.140.990.520.350.410.980.790.390.25-0.610.890.70.830.550.98-0.01-0.88-0.83
0.340.930.810.750.860.510.850.030.910.640.390.530.870.780.480.24-0.610.860.610.810.440.920.08-0.83-0.81
0.290.880.810.710.850.490.77-0.130.890.530.460.340.850.650.350.44-0.460.820.350.640.820.930.23-0.82-0.7
0.430.860.750.710.720.140.9-0.430.890.12-0.050.070.910.380.010.03-0.220.520.680.560.450.88-0.39-0.58-0.49
0.250.910.860.850.720.670.780.030.90.630.560.590.860.770.50.48-0.480.860.50.780.570.910.13-0.78-0.68
0.210.560.510.490.140.670.360.270.480.690.650.70.420.840.670.21-0.670.80.230.750.250.460.49-0.64-0.68
0.450.950.850.770.90.780.36-0.190.970.370.170.280.980.680.30.1-0.560.760.830.690.440.93-0.18-0.84-0.76
-0.59-0.140.03-0.13-0.430.030.27-0.19-0.140.60.70.65-0.180.260.610.41-0.150.16-0.01-0.1-0.09-0.160.68-0.06-0.02
0.410.990.910.890.890.90.480.97-0.140.490.330.390.990.730.370.26-0.550.840.710.740.580.99-0.03-0.87-0.78
0.050.520.640.530.120.630.690.370.60.490.850.90.420.760.90.46-0.560.750.30.530.240.490.52-0.63-0.59
-0.330.350.390.46-0.050.560.650.170.70.330.850.730.250.630.690.75-0.340.620.070.380.440.340.66-0.43-0.36
0.050.410.530.340.070.590.70.280.650.390.90.730.340.670.950.32-0.470.620.30.41-0.010.360.48-0.53-0.45
0.430.980.870.850.910.860.420.98-0.180.990.420.250.340.690.330.2-0.540.80.760.70.540.97-0.09-0.86-0.76
0.290.790.780.650.380.770.840.680.260.730.760.630.670.690.690.31-0.890.970.570.870.320.710.33-0.88-0.92
0.180.390.480.350.010.50.670.30.610.370.90.690.950.330.690.26-0.60.630.340.36-0.020.330.5-0.61-0.54
-0.430.250.240.440.030.480.210.10.410.260.460.750.320.20.310.26-0.050.38-0.080.160.590.310.36-0.23-0.1
-0.47-0.61-0.61-0.46-0.22-0.48-0.67-0.56-0.15-0.55-0.56-0.34-0.47-0.54-0.89-0.6-0.05-0.82-0.55-0.72-0.11-0.51-0.280.840.94
0.310.890.860.820.520.860.80.760.160.840.750.620.620.80.970.630.38-0.820.550.870.510.840.32-0.94-0.93
0.450.70.610.350.680.50.230.83-0.010.710.30.070.30.760.570.34-0.08-0.550.550.51-0.030.62-0.34-0.63-0.61
0.390.830.810.640.560.780.750.69-0.10.740.530.380.410.70.870.360.16-0.720.870.510.330.750.04-0.73-0.83
-0.150.550.440.820.450.570.250.44-0.090.580.240.44-0.010.540.32-0.020.59-0.110.51-0.030.330.650.37-0.47-0.35
0.370.980.920.930.880.910.460.93-0.160.990.490.340.360.970.710.330.31-0.510.840.620.750.650.0-0.84-0.75
-0.41-0.010.080.23-0.390.130.49-0.180.68-0.030.520.660.48-0.090.330.50.36-0.280.32-0.340.040.370.0-0.26-0.24
-0.45-0.88-0.83-0.82-0.58-0.78-0.64-0.84-0.06-0.87-0.63-0.43-0.53-0.86-0.88-0.61-0.230.84-0.94-0.63-0.73-0.47-0.84-0.260.94
-0.5-0.83-0.81-0.7-0.49-0.68-0.68-0.76-0.02-0.78-0.59-0.36-0.45-0.76-0.92-0.54-0.10.94-0.93-0.61-0.83-0.35-0.75-0.240.94
Click cells to compare fundamentals

Fortive Corp Account Relationship Matchups

Fortive Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding340M359M352.3M360.8M355.6M384.9M
Total Assets17.4B16.1B16.5B15.9B16.9B13.6B
Other Current Liab736.7M556.8M503.1M594.8M600.5M430.0M
Total Current Liabilities3.5B2.9B3.7B2.7B1.8B2.4B
Total Stockholder Equity7.4B9.0B9.5B9.7B10.3B7.4B
Other Liab1.6B1.2B1.3B1.1B1.3B1.1B
Property Plant And Equipment Net726.3M610.7M571.1M421.9M594.8M621.1M
Current Deferred Revenue410.1M376.4M457.6M509.6M544.6M350.2M
Accounts Payable765.5M480.8M557.9M623M608.6M511.5M
Non Current Assets Total13.8B11.6B14.0B13.4B13.3B10.6B
Non Currrent Assets Other779.6M344.1M337.3M455.8M357.9M474.9M
Other Assets2.3B344.1M337.3M455.8M1.00.95
Net Receivables1.4B810.3M930.2M958.5M1.1B1.1B
Good Will8.4B7.4B9.2B9.0B9.1B7.0B
Liabilities And Stockholders Equity17.4B16.1B16.5B15.9B16.9B13.6B
Non Current Liabilities Total6.6B4.2B3.2B3.5B4.8B3.8B
Inventory640.3M455.5M512.7M536.7M536.9M591.0M
Other Current Assets458.8M237.1M252.7M272.6M126.1M119.8M
Other Stockholder Equity3.3B3.6B3.7B3.3B3.1B2.9B
Total Liab10.0B7.1B6.9B6.2B6.6B6.2B
Property Plant And Equipment Gross726.3M610.7M571.1M1.2B1.2B762.0M
Total Current Assets3.7B4.4B2.5B2.5B3.6B3.0B
Accumulated Other Comprehensive Income(56.3M)(141.1M)(185M)(325.7M)(326.1M)(309.8M)
Short Term Debt1.6B1.4B2.2B999.7M37.6M35.7M
Intangible Assets3.8B3.3B3.9B3.5B3.2B2.5B
Property Plant Equipment585M422M571.1M421.9M379.7M414.8M
Net Tangible Assets(3.4B)(1.5B)(3.5B)(2.9B)(2.6B)(2.7B)
Retained Earnings4.1B5.5B6.0B6.7B7.5B4.4B
Cash1.2B1.8B819.3M709.2M1.9B1.2B
Long Term Debt4.8B2.8B1.8B2.3B3.6B2.6B
Short Long Term Debt Total6.5B4.4B4.1B3.3B3.8B3.3B
Noncontrolling Interest In Consolidated Entity17.4M13.2M8.5M4.8M4.3M4.1M
Net Debt5.3B2.6B3.3B2.5B1.9B2.4B
Cash And Short Term Investments1.2B2.9B819.3M709.2M1.9B1.4B
Retained Earnings Total Equity3.6B4.1B5.5B6.0B6.9B3.9B
Long Term Debt Total4.8B2.8B1.8B2.3B2.0B2.5B
Capital Surpluse3.3B3.6B3.7B3.7B4.3B3.5B
Short Long Term Debt1.5B1.4B2.2B999.7M899.7M1.6B

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When determining whether Fortive Corp is a strong investment it is important to analyze Fortive Corp'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 Fortive Corp's future performance. For an informed investment choice regarding Fortive Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Fortive Corp's price analysis, check to measure Fortive Corp'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 Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Fortive Corp'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 Fortive Corp. If investors know Fortive 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 Fortive Corp 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
0.184
Dividend Share
0.3
Earnings Share
2.52
Revenue Per Share
17.411
Quarterly Revenue Growth
0.044
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp'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 Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp'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 Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp'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.