Stericycle Property Plant Equipment vs Accounts Payable Analysis

SRCL Stock

USD 46.31 0.20 0.43%

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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stericycle Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Stericycle's Property Plant Equipment and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Stericycle, assuming nothing else is changed. The correlation between historical values of Stericycle's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Stericycle are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Stericycle's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Stericycle obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Stericycle are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 Revenue	2.6B	2.7B	2.7B	1.7B
Depreciation And Amortization	222.5M	217.6M	216.5M	227.3M

Total Revenue Depreciation And Amortization

Stericycle fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.29	0.78	0.98	0.56	0.96	0.86	0.71	0.65	1.0	0.06	0.65	0.96	0.68	0.97	0.71	0.61	0.7	0.99	0.97	0.66	0.91	0.33	0.75	0.75
Short Long Term Debt Total	0.96		0.25	0.7	0.89	0.49	1.0	0.81	0.63	0.56	0.97	0.13	0.55	0.92	0.57	0.99	0.66	0.55	0.64	0.99	0.93	0.66	0.95	0.22	0.65	0.64
Other Current Liab	0.29	0.25		0.39	0.29	0.01	0.26	0.42	0.1	0.0	0.28	0.43	0.0	0.42	0.2	0.27	0.57	0.07	0.14	0.29	0.39	0.01	0.41	-0.05	0.22	0.23
Total Current Liabilities	0.78	0.7	0.39		0.8	0.82	0.7	0.58	0.93	0.52	0.78	0.13	0.52	0.72	0.69	0.69	0.65	0.84	0.84	0.76	0.76	0.57	0.65	0.67	0.7	0.71
Total Stockholder Equity	0.98	0.89	0.29	0.8		0.6	0.89	0.86	0.74	0.72	0.98	-0.01	0.71	0.94	0.73	0.91	0.69	0.63	0.72	0.94	0.96	0.64	0.84	0.41	0.8	0.8
Property Plant And Equipment Net	0.56	0.49	0.01	0.82	0.6		0.49	0.23	0.93	0.45	0.57	-0.05	0.45	0.45	0.64	0.47	0.22	0.9	0.9	0.53	0.48	0.48	0.33	0.93	0.57	0.58
Net Debt	0.96	1.0	0.26	0.7	0.89	0.49		0.81	0.63	0.54	0.96	0.14	0.54	0.92	0.56	0.99	0.66	0.55	0.64	0.99	0.93	0.66	0.95	0.21	0.64	0.64
Retained Earnings	0.86	0.81	0.42	0.58	0.86	0.23	0.81		0.42	0.61	0.85	0.07	0.61	0.91	0.71	0.84	0.8	0.39	0.33	0.84	0.93	0.6	0.81	0.03	0.8	0.8
Accounts Payable	0.71	0.63	0.1	0.93	0.74	0.93	0.63	0.42		0.49	0.71	0.0	0.49	0.63	0.67	0.62	0.37	0.92	0.92	0.68	0.66	0.49	0.53	0.83	0.65	0.65
Cash	0.65	0.56	0.0	0.52	0.72	0.45	0.54	0.61	0.49		0.66	-0.22	1.0	0.54	0.62	0.58	0.39	0.46	0.49	0.6	0.62	0.6	0.48	0.37	0.64	0.64
Non Current Assets Total	1.0	0.97	0.28	0.78	0.98	0.57	0.96	0.85	0.71	0.66		0.05	0.65	0.95	0.67	0.97	0.7	0.61	0.71	0.99	0.97	0.66	0.91	0.34	0.75	0.74
Non Currrent Assets Other	0.06	0.13	0.43	0.13	-0.01	-0.05	0.14	0.07	0.0	-0.22	0.05		-0.22	0.15	0.04	0.11	0.22	0.11	-0.03	0.1	0.12	0.12	0.19	-0.18	0.05	0.05
Cash And Short Term Investments	0.65	0.55	0.0	0.52	0.71	0.45	0.54	0.61	0.49	1.0	0.65	-0.22		0.53	0.63	0.57	0.39	0.46	0.49	0.59	0.61	0.6	0.47	0.37	0.65	0.65
Net Receivables	0.96	0.92	0.42	0.72	0.94	0.45	0.92	0.91	0.63	0.54	0.95	0.15	0.53		0.68	0.93	0.7	0.55	0.59	0.94	0.99	0.6	0.89	0.24	0.75	0.75
Common Stock Shares Outstanding	0.68	0.57	0.2	0.69	0.73	0.64	0.56	0.71	0.67	0.62	0.67	0.04	0.63	0.68		0.59	0.52	0.79	0.49	0.62	0.71	0.67	0.41	0.55	0.98	0.99
Non Current Liabilities Total	0.97	0.99	0.27	0.69	0.91	0.47	0.99	0.84	0.62	0.58	0.97	0.11	0.57	0.93	0.59		0.67	0.53	0.63	0.99	0.94	0.63	0.96	0.21	0.67	0.66
Inventory	0.71	0.66	0.57	0.65	0.69	0.22	0.66	0.8	0.37	0.39	0.7	0.22	0.39	0.7	0.52	0.67		0.31	0.26	0.71	0.75	0.59	0.7	-0.03	0.62	0.62
Other Current Assets	0.61	0.55	0.07	0.84	0.63	0.9	0.55	0.39	0.92	0.46	0.61	0.11	0.46	0.55	0.79	0.53	0.31		0.79	0.58	0.58	0.57	0.4	0.8	0.74	0.74
Other Stockholder Equity	0.7	0.64	0.14	0.84	0.72	0.9	0.64	0.33	0.92	0.49	0.71	-0.03	0.49	0.59	0.49	0.63	0.26	0.79		0.67	0.6	0.36	0.57	0.81	0.47	0.47
Total Liab	0.99	0.99	0.29	0.76	0.94	0.53	0.99	0.84	0.68	0.6	0.99	0.1	0.59	0.94	0.62	0.99	0.71	0.58	0.67		0.96	0.66	0.94	0.27	0.7	0.7
Total Current Assets	0.97	0.93	0.39	0.76	0.96	0.48	0.93	0.93	0.66	0.62	0.97	0.12	0.61	0.99	0.71	0.94	0.75	0.58	0.6	0.96		0.66	0.89	0.26	0.79	0.79
Short Term Debt	0.66	0.66	0.01	0.57	0.64	0.48	0.66	0.6	0.49	0.6	0.66	0.12	0.6	0.6	0.67	0.63	0.59	0.57	0.36	0.66	0.66		0.48	0.22	0.71	0.71
Intangible Assets	0.91	0.95	0.41	0.65	0.84	0.33	0.95	0.81	0.53	0.48	0.91	0.19	0.47	0.89	0.41	0.96	0.7	0.4	0.57	0.94	0.89	0.48		0.07	0.5	0.5
Property Plant And Equipment Gross	0.33	0.22	-0.05	0.67	0.41	0.93	0.21	0.03	0.83	0.37	0.34	-0.18	0.37	0.24	0.55	0.21	-0.03	0.8	0.81	0.27	0.26	0.22	0.07		0.45	0.46
Common Stock Total Equity	0.75	0.65	0.22	0.7	0.8	0.57	0.64	0.8	0.65	0.64	0.75	0.05	0.65	0.75	0.98	0.67	0.62	0.74	0.47	0.7	0.79	0.71	0.5	0.45		1.0
Common Stock	0.75	0.64	0.23	0.71	0.8	0.58	0.64	0.8	0.65	0.64	0.74	0.05	0.65	0.75	0.99	0.66	0.62	0.74	0.47	0.7	0.79	0.71	0.5	0.46	1.0

Click cells to compare fundamentals

Stericycle Account Relationship Matchups

Stericycle fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4B	5.6B	5.5B	5.3B	5.4B	3.2B
Short Long Term Debt Total	3.1B	2.2B	2.0B	1.9B	1.8B	1.3B
Other Current Liab	40.4M	49.3M	46.2M	(135M)	307.3M	322.7M
Total Current Liabilities	756.9M	697.1M	731.7M	621.9M	718M	753.9M
Total Stockholder Equity	2.3B	2.4B	2.4B	2.4B	2.5B	1.4B
Property Plant And Equipment Net	1.2B	1.1B	1.1B	1.1B	1.2B	1.2B
Net Debt	3.1B	2.1B	1.9B	1.9B	1.7B	1.3B
Retained Earnings	1.4B	1.4B	1.4B	1.4B	1.4B	927.7M
Accounts Payable	220.1M	181.2M	218.9M	213.5M	212.1M	222.7M
Cash	34.7M	53.3M	55.6M	56M	35.3M	29.1M
Non Current Assets Total	5.7B	5.0B	4.9B	4.8B	4.7B	2.9B
Non Currrent Assets Other	92.3M	56.4M	61.6M	(362.2M)	82.5M	86.6M
Cash And Short Term Investments	34.7M	53.3M	55.6M	56M	35.3M	30.2M
Net Receivables	544.3M	380.7M	420.4M	414.5M	553.9M	289.6M
Common Stock Shares Outstanding	91M	91.5M	91.8M	92.4M	106.3M	88.2M
Liabilities And Stockholders Equity	6.4B	5.6B	5.5B	5.3B	5.4B	3.2B
Non Current Liabilities Total	3.3B	2.5B	2.3B	2.3B	2.1B	1.5B
Inventory	60.7M	63M	45.6M	33.2M	38.2M	30.7M
Other Current Assets	66.9M	55.5M	53.9M	55M	66.2M	69.5M
Other Stockholder Equity	1.2B	1.2B	1.3B	1.3B	1.3B	1.4B
Total Liab	4.1B	3.1B	3.1B	2.9B	2.8B	1.9B
Total Current Assets	706.6M	552.5M	575.5M	558.7M	655.4M	384.9M
Short Term Debt	199.8M	177.2M	107M	116.4M	126M	75.3M
Intangible Assets	1.4B	1.1B	964.5M	811.1M	686.5M	729.1M
Property Plant And Equipment Gross	1.2B	1.1B	1.7B	1.8B	1.8B	1.9B
Accumulated Other Comprehensive Income	(318.1M)	(187.4M)	(218.8M)	(276.9M)	(184.5M)	(175.3M)
Other Liab	430M	462.3M	469M	474.7M	545.9M	573.2M
Other Assets	92.3M	422M	61.6M	64.8M	74.5M	53.2M
Long Term Debt	2.6B	1.7B	1.6B	1.5B	1.3B	1.4B
Good Will	3.0B	2.8B	2.8B	2.8B	2.8B	2.1B
Property Plant Equipment	798.5M	1.1B	1.1B	1.1B	1.3B	1.3B
Current Deferred Revenue	296.6M	289.4M	359.6M	427M	72.6M	96.1M
Net Tangible Assets	(2.1B)	(1.5B)	(1.4B)	(1.2B)	(1.4B)	(1.4B)
Noncontrolling Interest In Consolidated Entity	9.7M	3.8M	4.3M	4.1M	3.9M	3.7M

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:

How To Invest In Stericycle

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Is Stericycle Stock a good investment?

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What is Stericycle's Net Worth?

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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.

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Stericycle Property Plant Equipment vs Accounts Payable Analysis

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Accounts Payable

Stericycle fundamental ratios Correlations

Stericycle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stericycle fundamental ratios Accounts

Stericycle Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Cash And Short Term Investments	- 0.22	Non Currrent Assets Other
Non Currrent Assets Other	- 0.22	Cash
Property Plant And Equipment Gross	- 0.18	Non Currrent Assets Other
Non Currrent Assets Other	- 0.05	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.05	Other Current Liab
Property Plant And Equipment Gross	- 0.03	Inventory