Silgan Net Income From Continuing Ops vs Depreciation And Amortization Analysis

SLGN Stock  USD 46.64  0.36  0.78%   
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 Net Income From Continuing Ops and its Depreciation And Amortization 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.

Net Income From Continuing Ops vs Depreciation And Amortization

Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Net Income From Continuing Ops account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silgan Holdings' Net Income From Continuing Ops and Depreciation And Amortization is 0.76. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization 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' Net Income From Continuing Ops and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Silgan Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., Silgan Holdings' Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 7th of May 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 Profit918.4M1.0B218.5M207.6M
Total Revenue5.7B6.4B1.3B1.3B

Silgan Holdings fundamental ratios Correlations

0.990.750.560.970.84-0.90.970.970.980.791.00.590.790.810.99-0.720.770.740.93-0.821.00.920.970.010.92
0.990.750.530.950.83-0.880.980.960.970.770.990.620.770.810.99-0.690.770.720.92-0.821.00.910.95-0.020.91
0.750.750.680.780.51-0.60.70.740.750.670.730.830.670.430.73-0.460.370.470.81-0.580.730.730.790.30.74
0.560.530.680.650.38-0.470.410.520.490.810.490.480.810.320.48-0.330.090.390.63-0.250.520.60.730.810.49
0.970.950.780.650.78-0.910.90.960.940.850.950.620.850.730.95-0.690.650.70.95-0.760.950.940.980.150.87
0.840.830.510.380.78-0.730.840.830.830.560.850.360.560.970.82-0.810.890.940.68-0.80.850.680.79-0.110.83
-0.9-0.88-0.6-0.47-0.91-0.73-0.87-0.93-0.9-0.68-0.9-0.61-0.68-0.66-0.90.63-0.65-0.68-0.840.81-0.88-0.93-0.860.03-0.81
0.970.980.70.410.90.84-0.870.950.970.640.980.630.640.810.98-0.730.810.730.86-0.880.980.860.89-0.150.94
0.970.960.740.520.960.83-0.930.950.980.690.970.650.690.760.96-0.790.720.760.88-0.910.960.90.93-0.020.94
0.980.970.750.490.940.83-0.90.970.980.690.980.640.690.790.98-0.730.770.740.89-0.880.980.920.92-0.080.93
0.790.770.670.810.850.56-0.680.640.690.690.740.371.00.560.74-0.360.410.470.86-0.350.760.840.90.460.57
1.00.990.730.490.950.85-0.90.980.970.980.740.590.740.831.0-0.720.80.730.9-0.851.00.910.94-0.080.92
0.590.620.830.480.620.36-0.610.630.650.640.370.590.370.240.61-0.390.190.370.65-0.60.570.60.570.220.69
0.790.770.670.810.850.56-0.680.640.690.691.00.740.370.560.74-0.360.410.470.86-0.350.760.840.90.460.57
0.810.810.430.320.730.97-0.660.810.760.790.560.830.240.560.81-0.740.930.850.63-0.710.830.640.75-0.180.8
0.990.990.730.480.950.82-0.90.980.960.980.741.00.610.740.81-0.670.790.70.9-0.830.990.920.93-0.090.91
-0.72-0.69-0.46-0.33-0.69-0.810.63-0.73-0.79-0.73-0.36-0.72-0.39-0.36-0.74-0.67-0.67-0.86-0.560.86-0.72-0.51-0.690.06-0.81
0.770.770.370.090.650.89-0.650.810.720.770.410.80.190.410.930.79-0.670.780.57-0.730.80.610.65-0.460.73
0.740.720.470.390.70.94-0.680.730.760.740.470.730.370.470.850.7-0.860.780.6-0.780.740.60.71-0.030.75
0.930.920.810.630.950.68-0.840.860.880.890.860.90.650.860.630.9-0.560.570.6-0.670.910.940.950.170.77
-0.82-0.82-0.58-0.25-0.76-0.80.81-0.88-0.91-0.88-0.35-0.85-0.6-0.35-0.71-0.830.86-0.73-0.78-0.67-0.84-0.68-0.710.25-0.89
1.01.00.730.520.950.85-0.880.980.960.980.761.00.570.760.830.99-0.720.80.740.91-0.840.910.95-0.040.92
0.920.910.730.60.940.68-0.930.860.90.920.840.910.60.840.640.92-0.510.610.60.94-0.680.910.930.10.76
0.970.950.790.730.980.79-0.860.890.930.920.90.940.570.90.750.93-0.690.650.710.95-0.710.950.930.230.85
0.01-0.020.30.810.15-0.110.03-0.15-0.02-0.080.46-0.080.220.46-0.18-0.090.06-0.46-0.030.170.25-0.040.10.23-0.03
0.920.910.740.490.870.83-0.810.940.940.930.570.920.690.570.80.91-0.810.730.750.77-0.890.920.760.85-0.03
Click cells to compare fundamentals

Silgan Holdings Account Relationship Matchups

Silgan Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.5B7.8B7.3B7.6B8.0B
Short Long Term Debt Total2.2B3.3B3.8B3.5B3.7B3.8B
Other Current Liab988.8M1.2B1.5B303.7M2.3B2.4B
Total Current Liabilities988.8M1.2B1.5B1.4B2.3B2.4B
Total Stockholder Equity1.0B1.3B1.6B1.7B1.9B2.0B
Property Plant And Equipment Net1.6B1.8B2.0B1.9B2.2B1.1B
Current Deferred Revenue(756.9M)(830.6M)(1.2B)(2.0B)(1.8B)(1.7B)
Net Debt2.0B2.8B3.2B2.9B3.0B3.2B
Retained Earnings2.1B2.4B2.7B3.0B3.2B3.4B
Accounts Payable727.1M802.5M1.1B974.0M1.1B1.1B
Cash203.8M409.5M631.4M585.6M642.9M675.1M
Non Current Assets Total3.5B4.7B5.5B5.2B5.3B5.5B
Non Currrent Assets Other457.2M500.9M611.9M144.2M3.1B3.2B
Cash And Short Term Investments203.8M409.5M631.4M585.6M642.9M675.1M
Net Receivables505M619.5M711.3M658M599.5M316.6M
Good Will1.1B1.7B2.0B2.0B2.0B2.1B
Common Stock Shares Outstanding111.5M111.4M111.2M111.0M109.2M115.0M
Liabilities And Stockholders Equity4.9B6.5B7.8B7.3B7.6B8.0B
Non Current Liabilities Total2.9B4.1B4.7B4.3B3.4B1.8B
Inventory633M677.5M798.8M769.4M940.8M499.6M
Other Current Assets65M92.6M154.3M119.7M165.7M174.0M
Other Stockholder Equity(860.0M)(883.3M)(871.0M)(899.2M)(1.1B)(1.0B)
Total Liab3.9B5.3B6.2B5.6B5.7B6.0B
Property Plant And Equipment Gross1.8B1.8B4.5B4.5B4.7B5.0B
Total Current Assets1.4B1.8B2.3B2.1B2.3B2.5B
Accumulated Other Comprehensive Income(259.7M)(261.0M)(259.8M)(345.3M)(251.4M)(238.8M)
Short Term Debt29.8M28.0M20.3M80.1M926.2M972.5M
Intangible Assets354.6M637.2M830.8M763.8M721.0M757.1M
Other Liab515.9M851.8M926.7M671.4M772.1M810.7M
Other Assets270.3M2.9B3.5B327.0M1.00.95
Long Term Debt2.2B3.2B3.8B3.4B2.5B1.7B
Treasury Stock(1.1B)(1.2B)(1.2B)(1.2B)(1.1B)(1.1B)
Property Plant Equipment1.6B1.8B2.0B2.1B2.5B1.2B
Net Tangible Assets(473.5M)(1.1B)1.6B(1.0B)(927.5M)(881.1M)
Retained Earnings Total Equity2.1B2.4B2.7B3.0B3.4B1.9B
Long Term Debt Total2.2B3.2B3.8B3.3B3.8B2.2B
Capital Surpluse289.4M306.4M325.4M339.8M390.8M280.0M

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When determining whether Silgan Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silgan Holdings' 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 Silgan Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silgan Holdings Stock:
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Silgan Holdings' price analysis, check to measure Silgan Holdings' 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 Silgan Holdings is operating at the current time. Most of Silgan Holdings' value examination focuses on studying past and present price action to predict the probability of Silgan Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silgan Holdings' price. Additionally, you may evaluate how the addition of Silgan Holdings to your portfolios can decrease your overall portfolio volatility.
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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
(0.20)
Dividend Share
0.73
Earnings Share
2.85
Revenue Per Share
54.548
Quarterly Revenue Growth
(0.07)
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.