Stericycle Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

SRCL Stock  USD 46.75  0.19  0.41%   
Stericycle financial indicator trend analysis is much more than just breaking down Stericycle prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stericycle is a good investment. Please check the relationship between Stericycle Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stericycle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stericycle Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Stericycle's Non Currrent Assets Other and Property Plant And Equipment Net is -0.05. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Stericycle, assuming nothing else is changed. The correlation between historical values of Stericycle's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Stericycle are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Stericycle's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Stericycle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stericycle 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 Stericycle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.Tax Provision is expected to rise to about 26.4 M this year, although the value of Selling General Administrative will most likely fall to about 470.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue2.6B2.7B2.7B1.7B
Depreciation And Amortization222.5M217.6M216.5M227.3M

Stericycle fundamental ratios Correlations

0.960.290.780.980.560.960.860.710.651.00.060.650.960.680.970.710.610.70.990.970.660.910.330.750.75
0.960.250.70.890.491.00.810.630.560.970.130.550.920.570.990.660.550.640.990.930.660.950.220.650.64
0.290.250.390.290.010.260.420.10.00.280.430.00.420.20.270.570.070.140.290.390.010.41-0.050.220.23
0.780.70.390.80.820.70.580.930.520.780.130.520.720.690.690.650.840.840.760.760.570.650.670.70.71
0.980.890.290.80.60.890.860.740.720.98-0.010.710.940.730.910.690.630.720.940.960.640.840.410.80.8
0.560.490.010.820.60.490.230.930.450.57-0.050.450.450.640.470.220.90.90.530.480.480.330.930.570.58
0.961.00.260.70.890.490.810.630.540.960.140.540.920.560.990.660.550.640.990.930.660.950.210.640.64
0.860.810.420.580.860.230.810.420.610.850.070.610.910.710.840.80.390.330.840.930.60.810.030.80.8
0.710.630.10.930.740.930.630.420.490.710.00.490.630.670.620.370.920.920.680.660.490.530.830.650.65
0.650.560.00.520.720.450.540.610.490.66-0.221.00.540.620.580.390.460.490.60.620.60.480.370.640.64
1.00.970.280.780.980.570.960.850.710.660.050.650.950.670.970.70.610.710.990.970.660.910.340.750.74
0.060.130.430.13-0.01-0.050.140.070.0-0.220.05-0.220.150.040.110.220.11-0.030.10.120.120.19-0.180.050.05
0.650.550.00.520.710.450.540.610.491.00.65-0.220.530.630.570.390.460.490.590.610.60.470.370.650.65
0.960.920.420.720.940.450.920.910.630.540.950.150.530.680.930.70.550.590.940.990.60.890.240.750.75
0.680.570.20.690.730.640.560.710.670.620.670.040.630.680.590.520.790.490.620.710.670.410.550.980.99
0.970.990.270.690.910.470.990.840.620.580.970.110.570.930.590.670.530.630.990.940.630.960.210.670.66
0.710.660.570.650.690.220.660.80.370.390.70.220.390.70.520.670.310.260.710.750.590.7-0.030.620.62
0.610.550.070.840.630.90.550.390.920.460.610.110.460.550.790.530.310.790.580.580.570.40.80.740.74
0.70.640.140.840.720.90.640.330.920.490.71-0.030.490.590.490.630.260.790.670.60.360.570.810.470.47
0.990.990.290.760.940.530.990.840.680.60.990.10.590.940.620.990.710.580.670.960.660.940.270.70.7
0.970.930.390.760.960.480.930.930.660.620.970.120.610.990.710.940.750.580.60.960.660.890.260.790.79
0.660.660.010.570.640.480.660.60.490.60.660.120.60.60.670.630.590.570.360.660.660.480.220.710.71
0.910.950.410.650.840.330.950.810.530.480.910.190.470.890.410.960.70.40.570.940.890.480.070.50.5
0.330.22-0.050.670.410.930.210.030.830.370.34-0.180.370.240.550.21-0.030.80.810.270.260.220.070.450.46
0.750.650.220.70.80.570.640.80.650.640.750.050.650.750.980.670.620.740.470.70.790.710.50.451.0
0.750.640.230.710.80.580.640.80.650.640.740.050.650.750.990.660.620.740.470.70.790.710.50.461.0
Click cells to compare fundamentals

Stericycle Account Relationship Matchups

Stericycle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4B5.6B5.5B5.3B5.4B3.2B
Short Long Term Debt Total3.1B2.2B2.0B1.9B1.8B1.3B
Other Current Liab40.4M49.3M46.2M(135M)307.3M322.7M
Total Current Liabilities756.9M697.1M731.7M621.9M718M753.9M
Total Stockholder Equity2.3B2.4B2.4B2.4B2.5B1.4B
Property Plant And Equipment Net1.2B1.1B1.1B1.1B1.2B1.2B
Net Debt3.1B2.1B1.9B1.9B1.7B1.3B
Retained Earnings1.4B1.4B1.4B1.4B1.4B927.7M
Accounts Payable220.1M181.2M218.9M213.5M212.1M222.7M
Cash34.7M53.3M55.6M56M35.3M29.1M
Non Current Assets Total5.7B5.0B4.9B4.8B4.7B2.9B
Non Currrent Assets Other92.3M56.4M61.6M(362.2M)82.5M86.6M
Cash And Short Term Investments34.7M53.3M55.6M56M35.3M30.2M
Net Receivables544.3M380.7M420.4M414.5M553.9M289.6M
Common Stock Shares Outstanding91M91.5M91.8M92.4M106.3M88.2M
Liabilities And Stockholders Equity6.4B5.6B5.5B5.3B5.4B3.2B
Non Current Liabilities Total3.3B2.5B2.3B2.3B2.1B1.5B
Inventory60.7M63M45.6M33.2M38.2M30.7M
Other Current Assets66.9M55.5M53.9M55M66.2M69.5M
Other Stockholder Equity1.2B1.2B1.3B1.3B1.3B1.4B
Total Liab4.1B3.1B3.1B2.9B2.8B1.9B
Total Current Assets706.6M552.5M575.5M558.7M655.4M384.9M
Short Term Debt199.8M177.2M107M116.4M126M75.3M
Intangible Assets1.4B1.1B964.5M811.1M686.5M729.1M
Property Plant And Equipment Gross1.2B1.1B1.7B1.8B1.8B1.9B
Accumulated Other Comprehensive Income(318.1M)(187.4M)(218.8M)(276.9M)(184.5M)(175.3M)
Other Liab430M462.3M469M474.7M545.9M573.2M
Other Assets92.3M422M61.6M64.8M74.5M53.2M
Long Term Debt2.6B1.7B1.6B1.5B1.3B1.4B
Good Will3.0B2.8B2.8B2.8B2.8B2.1B
Property Plant Equipment798.5M1.1B1.1B1.1B1.3B1.3B
Current Deferred Revenue296.6M289.4M359.6M427M72.6M96.1M
Net Tangible Assets(2.1B)(1.5B)(1.4B)(1.2B)(1.4B)(1.4B)
Noncontrolling Interest In Consolidated Entity9.7M3.8M4.3M4.1M3.9M3.7M

Stericycle Investors Sentiment

The influence of Stericycle'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 Stericycle. 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 Stericycle's public news can be used to forecast risks associated with an investment in Stericycle. The trend in average sentiment can be used to explain how an investor holding Stericycle can time the market purely based on public headlines and social activities around Stericycle. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Stericycle'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 Stericycle'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 Stericycle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Stericycle.
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 Stericycle 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, Stericycle's short interest history, or implied volatility extrapolated from Stericycle options trading.

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When determining whether Stericycle is a strong investment it is important to analyze Stericycle'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 Stericycle's future performance. For an informed investment choice regarding Stericycle Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stericycle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.
Note that the Stericycle information on this page should be used as a complementary analysis to other Stericycle's 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 Stericycle's price analysis, check to measure Stericycle'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 Stericycle is operating at the current time. Most of Stericycle's value examination focuses on studying past and present price action to predict the probability of Stericycle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stericycle's price. Additionally, you may evaluate how the addition of Stericycle to your portfolios can decrease your overall portfolio volatility.
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Is Stericycle'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 Stericycle. If investors know Stericycle 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 Stericycle 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
0.167
Earnings Share
(0.21)
Revenue Per Share
28.547
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0223
The market value of Stericycle is measured differently than its book value, which is the value of Stericycle that is recorded on the company's balance sheet. Investors also form their own opinion of Stericycle's value that differs from its market value or its book value, called intrinsic value, which is Stericycle'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 Stericycle's market value can be influenced by many factors that don't directly affect Stericycle'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 Stericycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stericycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stericycle'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.