Silgan Total Assets vs Asset Turnover Analysis

SLGN Stock  USD 47.23  0.19  0.40%   
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 Total Assets and its Asset Turnover 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.

Total Assets vs Asset Turnover

Total Assets vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Total Assets account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Silgan Holdings' Total Assets and Asset Turnover is -0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Asset Turnover 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' Total Assets and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Silgan Holdings are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Assets i.e., Silgan Holdings' Total Assets and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
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 24th 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 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

Currently Active Assets on Macroaxis

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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
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.