Silgan Market Capitalization vs Total Assets Analysis
SLGN Stock | USD 46.79 0.26 0.55% |
Silgan Holdings financial indicator trend analysis is much more than just breaking down Silgan Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silgan Holdings is a good investment. Please check the relationship between Silgan Holdings Market Cap and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.
Market Cap vs Total Assets
Market Capitalization vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Market Capitalization account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silgan Holdings' Market Capitalization and Total Assets is 0.44. Overlapping area represents the amount of variation of Market Capitalization that can explain the historical movement of Total Assets in the same time period over historical financial statements of Silgan Holdings, assuming nothing else is changed. The correlation between historical values of Silgan Holdings' Market Capitalization and Total 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 Market Capitalization of Silgan Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Market Capitalization i.e., Silgan Holdings' Market Capitalization and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Market Cap
Total Assets
Total assets refers to the total amount of Silgan Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Silgan Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Silgan Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgan Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.As of the 17th of April 2024, Selling General Administrative is likely to drop to about 231.8 M. In addition to that, Tax Provision is likely to drop to about 84.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 918.4M | 1.0B | 218.5M | 207.6M | Total Revenue | 5.7B | 6.4B | 1.3B | 1.3B |
Silgan Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Silgan Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silgan Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 6.5B | 7.8B | 7.3B | 7.6B | 8.0B | |
Short Long Term Debt Total | 2.2B | 3.3B | 3.8B | 3.5B | 3.7B | 3.8B | |
Other Current Liab | 988.8M | 1.2B | 1.5B | 303.7M | 2.3B | 2.4B | |
Total Current Liabilities | 988.8M | 1.2B | 1.5B | 1.4B | 2.3B | 2.4B | |
Total Stockholder Equity | 1.0B | 1.3B | 1.6B | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 1.6B | 1.8B | 2.0B | 1.9B | 2.2B | 1.1B | |
Current Deferred Revenue | (756.9M) | (830.6M) | (1.2B) | (2.0B) | (1.8B) | (1.7B) | |
Net Debt | 2.0B | 2.8B | 3.2B | 2.9B | 3.0B | 3.2B | |
Retained Earnings | 2.1B | 2.4B | 2.7B | 3.0B | 3.2B | 3.4B | |
Accounts Payable | 727.1M | 802.5M | 1.1B | 974.0M | 1.1B | 1.1B | |
Cash | 203.8M | 409.5M | 631.4M | 585.6M | 642.9M | 675.1M | |
Non Current Assets Total | 3.5B | 4.7B | 5.5B | 5.2B | 5.3B | 5.5B | |
Non Currrent Assets Other | 457.2M | 500.9M | 611.9M | 144.2M | 3.1B | 3.2B | |
Cash And Short Term Investments | 203.8M | 409.5M | 631.4M | 585.6M | 642.9M | 675.1M | |
Net Receivables | 505M | 619.5M | 711.3M | 658M | 599.5M | 316.6M | |
Good Will | 1.1B | 1.7B | 2.0B | 2.0B | 2.0B | 2.1B | |
Common Stock Shares Outstanding | 111.5M | 111.4M | 111.2M | 111.0M | 109.2M | 115.0M | |
Liabilities And Stockholders Equity | 4.9B | 6.5B | 7.8B | 7.3B | 7.6B | 8.0B | |
Non Current Liabilities Total | 2.9B | 4.1B | 4.7B | 4.3B | 3.4B | 1.8B | |
Inventory | 633M | 677.5M | 798.8M | 769.4M | 940.8M | 499.6M | |
Other Current Assets | 65M | 92.6M | 154.3M | 119.7M | 165.7M | 174.0M | |
Other Stockholder Equity | (860.0M) | (883.3M) | (871.0M) | (899.2M) | (1.1B) | (1.0B) | |
Total Liab | 3.9B | 5.3B | 6.2B | 5.6B | 5.7B | 6.0B | |
Property Plant And Equipment Gross | 1.8B | 1.8B | 4.5B | 4.5B | 4.7B | 5.0B | |
Total Current Assets | 1.4B | 1.8B | 2.3B | 2.1B | 2.3B | 2.5B | |
Accumulated Other Comprehensive Income | (259.7M) | (261.0M) | (259.8M) | (345.3M) | (251.4M) | (238.8M) | |
Short Term Debt | 29.8M | 28.0M | 20.3M | 80.1M | 926.2M | 972.5M | |
Intangible Assets | 354.6M | 637.2M | 830.8M | 763.8M | 721.0M | 757.1M | |
Other Liab | 515.9M | 851.8M | 926.7M | 671.4M | 772.1M | 810.7M | |
Other Assets | 270.3M | 2.9B | 3.5B | 327.0M | 1.0 | 0.95 | |
Long Term Debt | 2.2B | 3.2B | 3.8B | 3.4B | 2.5B | 1.7B | |
Treasury Stock | (1.1B) | (1.2B) | (1.2B) | (1.2B) | (1.1B) | (1.1B) | |
Property Plant Equipment | 1.6B | 1.8B | 2.0B | 2.1B | 2.5B | 1.2B | |
Net Tangible Assets | (473.5M) | (1.1B) | 1.6B | (1.0B) | (927.5M) | (881.1M) | |
Retained Earnings Total Equity | 2.1B | 2.4B | 2.7B | 3.0B | 3.4B | 1.9B | |
Long Term Debt Total | 2.2B | 3.2B | 3.8B | 3.3B | 3.8B | 2.2B | |
Capital Surpluse | 289.4M | 306.4M | 325.4M | 339.8M | 390.8M | 280.0M |
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 Silgan Holdings 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, Silgan Holdings' short interest history, or implied volatility extrapolated from Silgan Holdings options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.Note that the Silgan Holdings information on this page should be used as a complementary analysis to other Silgan Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Silgan Holdings' 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 Silgan Holdings. If investors know Silgan 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 Silgan Holdings 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 1.731 | Dividend Share 0.72 | Earnings Share 2.98 | Revenue Per Share 55.028 | Quarterly Revenue Growth (0.08) |
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' 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 Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' 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 Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' 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.