Fortive Intangible Assets vs Total Current Assets Analysis

FTV Stock

USD 75.97 0.24 0.31%

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 Intangible Assets and its Total Current Assets 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.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortive Corp Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Fortive Corp's Intangible Assets and Total Current Assets is 0.75. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets 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 Intangible Assets and Total Current 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 Intangible Assets of Fortive Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Fortive Corp's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

Gross Profit Total Revenue

Fortive Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Common Stock
Common Stock Shares Outstanding		0.42	0.34	0.29	0.43	0.25	0.21	0.45	-0.59	0.41	0.05	-0.33	0.05	0.43	0.29	0.18	-0.43	-0.47	0.31	0.45	0.39	-0.15	0.37	-0.41	-0.45	-0.5
Total Assets	0.42		0.93	0.88	0.86	0.91	0.56	0.95	-0.14	0.99	0.52	0.35	0.41	0.98	0.79	0.39	0.25	-0.61	0.89	0.7	0.83	0.55	0.98	-0.01	-0.88	-0.83
Other Current Liab	0.34	0.93		0.81	0.75	0.86	0.51	0.85	0.03	0.91	0.64	0.39	0.53	0.87	0.78	0.48	0.24	-0.61	0.86	0.61	0.81	0.44	0.92	0.08	-0.83	-0.81
Total Current Liabilities	0.29	0.88	0.81		0.71	0.85	0.49	0.77	-0.13	0.89	0.53	0.46	0.34	0.85	0.65	0.35	0.44	-0.46	0.82	0.35	0.64	0.82	0.93	0.23	-0.82	-0.7
Total Stockholder Equity	0.43	0.86	0.75	0.71		0.72	0.14	0.9	-0.43	0.89	0.12	-0.05	0.07	0.91	0.38	0.01	0.03	-0.22	0.52	0.68	0.56	0.45	0.88	-0.39	-0.58	-0.49
Other Liab	0.25	0.91	0.86	0.85	0.72		0.67	0.78	0.03	0.9	0.63	0.56	0.59	0.86	0.77	0.5	0.48	-0.48	0.86	0.5	0.78	0.57	0.91	0.13	-0.78	-0.68
Property Plant And Equipment Net	0.21	0.56	0.51	0.49	0.14	0.67		0.36	0.27	0.48	0.69	0.65	0.7	0.42	0.84	0.67	0.21	-0.67	0.8	0.23	0.75	0.25	0.46	0.49	-0.64	-0.68
Current Deferred Revenue	0.45	0.95	0.85	0.77	0.9	0.78	0.36		-0.19	0.97	0.37	0.17	0.28	0.98	0.68	0.3	0.1	-0.56	0.76	0.83	0.69	0.44	0.93	-0.18	-0.84	-0.76
Accounts Payable	-0.59	-0.14	0.03	-0.13	-0.43	0.03	0.27	-0.19		-0.14	0.6	0.7	0.65	-0.18	0.26	0.61	0.41	-0.15	0.16	-0.01	-0.1	-0.09	-0.16	0.68	-0.06	-0.02
Non Current Assets Total	0.41	0.99	0.91	0.89	0.89	0.9	0.48	0.97	-0.14		0.49	0.33	0.39	0.99	0.73	0.37	0.26	-0.55	0.84	0.71	0.74	0.58	0.99	-0.03	-0.87	-0.78
Non Currrent Assets Other	0.05	0.52	0.64	0.53	0.12	0.63	0.69	0.37	0.6	0.49		0.85	0.9	0.42	0.76	0.9	0.46	-0.56	0.75	0.3	0.53	0.24	0.49	0.52	-0.63	-0.59
Other Assets	-0.33	0.35	0.39	0.46	-0.05	0.56	0.65	0.17	0.7	0.33	0.85		0.73	0.25	0.63	0.69	0.75	-0.34	0.62	0.07	0.38	0.44	0.34	0.66	-0.43	-0.36
Net Receivables	0.05	0.41	0.53	0.34	0.07	0.59	0.7	0.28	0.65	0.39	0.9	0.73		0.34	0.67	0.95	0.32	-0.47	0.62	0.3	0.41	-0.01	0.36	0.48	-0.53	-0.45
Good Will	0.43	0.98	0.87	0.85	0.91	0.86	0.42	0.98	-0.18	0.99	0.42	0.25	0.34		0.69	0.33	0.2	-0.54	0.8	0.76	0.7	0.54	0.97	-0.09	-0.86	-0.76
Non Current Liabilities Total	0.29	0.79	0.78	0.65	0.38	0.77	0.84	0.68	0.26	0.73	0.76	0.63	0.67	0.69		0.69	0.31	-0.89	0.97	0.57	0.87	0.32	0.71	0.33	-0.88	-0.92
Inventory	0.18	0.39	0.48	0.35	0.01	0.5	0.67	0.3	0.61	0.37	0.9	0.69	0.95	0.33	0.69		0.26	-0.6	0.63	0.34	0.36	-0.02	0.33	0.5	-0.61	-0.54
Other Current Assets	-0.43	0.25	0.24	0.44	0.03	0.48	0.21	0.1	0.41	0.26	0.46	0.75	0.32	0.2	0.31	0.26		-0.05	0.38	-0.08	0.16	0.59	0.31	0.36	-0.23	-0.1
Other Stockholder Equity	-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	-0.28	0.84	0.94
Total Liab	0.31	0.89	0.86	0.82	0.52	0.86	0.8	0.76	0.16	0.84	0.75	0.62	0.62	0.8	0.97	0.63	0.38	-0.82		0.55	0.87	0.51	0.84	0.32	-0.94	-0.93
Property Plant And Equipment Gross	0.45	0.7	0.61	0.35	0.68	0.5	0.23	0.83	-0.01	0.71	0.3	0.07	0.3	0.76	0.57	0.34	-0.08	-0.55	0.55		0.51	-0.03	0.62	-0.34	-0.63	-0.61
Total Current Assets	0.39	0.83	0.81	0.64	0.56	0.78	0.75	0.69	-0.1	0.74	0.53	0.38	0.41	0.7	0.87	0.36	0.16	-0.72	0.87	0.51		0.33	0.75	0.04	-0.73	-0.83
Short Term Debt	-0.15	0.55	0.44	0.82	0.45	0.57	0.25	0.44	-0.09	0.58	0.24	0.44	-0.01	0.54	0.32	-0.02	0.59	-0.11	0.51	-0.03	0.33		0.65	0.37	-0.47	-0.35
Intangible Assets	0.37	0.98	0.92	0.93	0.88	0.91	0.46	0.93	-0.16	0.99	0.49	0.34	0.36	0.97	0.71	0.33	0.31	-0.51	0.84	0.62	0.75	0.65		0.0	-0.84	-0.75
Property Plant Equipment	-0.41	-0.01	0.08	0.23	-0.39	0.13	0.49	-0.18	0.68	-0.03	0.52	0.66	0.48	-0.09	0.33	0.5	0.36	-0.28	0.32	-0.34	0.04	0.37	0.0		-0.26	-0.24
Net Tangible Assets	-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	-0.23	0.84	-0.94	-0.63	-0.73	-0.47	-0.84	-0.26		0.94
Common Stock	-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	-0.1	0.94	-0.93	-0.61	-0.83	-0.35	-0.75	-0.24	0.94

Click cells to compare fundamentals

Fortive Corp Account Relationship Matchups

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

Fortive Corp Investors Sentiment

The influence of Fortive Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fortive. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Fortive Corp's public news can be used to forecast risks associated with an investment in Fortive. The trend in average sentiment can be used to explain how an investor holding Fortive can time the market purely based on public headlines and social activities around Fortive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Fortive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fortive Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fortive Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fortive Corp.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortive Corp's short interest history, or implied volatility extrapolated from Fortive Corp options trading.

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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:

How To Invest In Fortive

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Is Fortive Stock a good investment?

Details

What is Fortive Corp's Net Worth?

Details

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.

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Fortive Intangible Assets vs Total Current Assets Analysis

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

Correlation Coefficient

Intangible Assets

Total Current Assets

Fortive Corp fundamental ratios Correlations

Fortive Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortive Corp fundamental ratios Accounts

Fortive Corp Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Non Current Assets Total
Intangible Assets	+ 0.99	Non Current Assets Total
Good Will	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Assets
Good Will	+ 0.98	Current Deferred Revenue

Net Tangible Assets	- 0.94	Total Liab
Common Stock	- 0.93	Total Liab
Common Stock	- 0.92	Non Current Liabilities Total
Other Stockholder Equity	- 0.89	Non Current Liabilities Total
Net Tangible Assets	- 0.88	Non Current Liabilities Total
Net Tangible Assets	- 0.88	Total Assets