Stericycle Total Assets vs Short Long Term Debt Total Analysis
SRCL Stock | USD 49.46 2.19 4.24% |
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 Total Assets and its Short Long Term Debt Total 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.
Total Assets vs Short Long Term Debt Total
Total Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stericycle Total Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Stericycle's Total Assets and Short Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Stericycle, assuming nothing else is changed. The correlation between historical values of Stericycle's Total Assets and Short Long Term Debt Total 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 Stericycle are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Assets i.e., Stericycle's Total Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Stericycle 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 Stericycle 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.Short Long Term Debt Total
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 |
Stericycle fundamental ratios Correlations
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Stericycle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.