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 Direction | Negative |
Relationship Strength | Insignificant |
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 Profit | 3.0B | 3.4B | 3.6B | 3.4B | Total Revenue | 5.3B | 5.8B | 3.6B | 4.7B |
Fortive Corp fundamental ratios Correlations
Click cells to compare fundamentals
Fortive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortive Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 340M | 359M | 352.3M | 360.8M | 355.6M | 384.9M | |
Total Assets | 17.4B | 16.1B | 16.5B | 15.9B | 16.9B | 13.6B | |
Other Current Liab | 736.7M | 556.8M | 503.1M | 594.8M | 600.5M | 430.0M | |
Total Current Liabilities | 3.5B | 2.9B | 3.7B | 2.7B | 1.8B | 2.4B | |
Total Stockholder Equity | 7.4B | 9.0B | 9.5B | 9.7B | 10.3B | 7.4B | |
Other Liab | 1.6B | 1.2B | 1.3B | 1.1B | 1.3B | 1.1B | |
Property Plant And Equipment Net | 726.3M | 610.7M | 571.1M | 421.9M | 594.8M | 621.1M | |
Current Deferred Revenue | 410.1M | 376.4M | 457.6M | 509.6M | 544.6M | 350.2M | |
Accounts Payable | 765.5M | 480.8M | 557.9M | 623M | 608.6M | 511.5M | |
Non Current Assets Total | 13.8B | 11.6B | 14.0B | 13.4B | 13.3B | 10.6B | |
Non Currrent Assets Other | 779.6M | 344.1M | 337.3M | 455.8M | 357.9M | 474.9M | |
Other Assets | 2.3B | 344.1M | 337.3M | 455.8M | 1.0 | 0.95 | |
Net Receivables | 1.4B | 810.3M | 930.2M | 958.5M | 1.1B | 1.1B | |
Good Will | 8.4B | 7.4B | 9.2B | 9.0B | 9.1B | 7.0B | |
Liabilities And Stockholders Equity | 17.4B | 16.1B | 16.5B | 15.9B | 16.9B | 13.6B | |
Non Current Liabilities Total | 6.6B | 4.2B | 3.2B | 3.5B | 4.8B | 3.8B | |
Inventory | 640.3M | 455.5M | 512.7M | 536.7M | 536.9M | 591.0M | |
Other Current Assets | 458.8M | 237.1M | 252.7M | 272.6M | 126.1M | 119.8M | |
Other Stockholder Equity | 3.3B | 3.6B | 3.7B | 3.3B | 3.1B | 2.9B | |
Total Liab | 10.0B | 7.1B | 6.9B | 6.2B | 6.6B | 6.2B | |
Property Plant And Equipment Gross | 726.3M | 610.7M | 571.1M | 1.2B | 1.2B | 762.0M | |
Total Current Assets | 3.7B | 4.4B | 2.5B | 2.5B | 3.6B | 3.0B | |
Accumulated Other Comprehensive Income | (56.3M) | (141.1M) | (185M) | (325.7M) | (326.1M) | (309.8M) | |
Short Term Debt | 1.6B | 1.4B | 2.2B | 999.7M | 37.6M | 35.7M | |
Intangible Assets | 3.8B | 3.3B | 3.9B | 3.5B | 3.2B | 2.5B | |
Property Plant Equipment | 585M | 422M | 571.1M | 421.9M | 379.7M | 414.8M | |
Net Tangible Assets | (3.4B) | (1.5B) | (3.5B) | (2.9B) | (2.6B) | (2.7B) | |
Retained Earnings | 4.1B | 5.5B | 6.0B | 6.7B | 7.5B | 4.4B | |
Cash | 1.2B | 1.8B | 819.3M | 709.2M | 1.9B | 1.2B | |
Long Term Debt | 4.8B | 2.8B | 1.8B | 2.3B | 3.6B | 2.6B | |
Short Long Term Debt Total | 6.5B | 4.4B | 4.1B | 3.3B | 3.8B | 3.3B | |
Noncontrolling Interest In Consolidated Entity | 17.4M | 13.2M | 8.5M | 4.8M | 4.3M | 4.1M | |
Net Debt | 5.3B | 2.6B | 3.3B | 2.5B | 1.9B | 2.4B | |
Cash And Short Term Investments | 1.2B | 2.9B | 819.3M | 709.2M | 1.9B | 1.4B | |
Retained Earnings Total Equity | 3.6B | 4.1B | 5.5B | 6.0B | 6.9B | 3.9B | |
Long Term Debt Total | 4.8B | 2.8B | 1.8B | 2.3B | 2.0B | 2.5B | |
Capital Surpluse | 3.3B | 3.6B | 3.7B | 3.7B | 4.3B | 3.5B | |
Short Long Term Debt | 1.5B | 1.4B | 2.2B | 999.7M | 899.7M | 1.6B |
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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.