STERIS Net Income From Continuing Ops vs Minority Interest Analysis
STE Stock | USD 232.69 1.96 0.85% |
STERIS Plc financial indicator trend analysis is much more than just breaking down STERIS plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STERIS plc is a good investment. Please check the relationship between STERIS Plc Net Income From Continuing Ops and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
Net Income From Continuing Ops vs Minority Interest
Net Income From Continuing Ops vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STERIS plc Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between STERIS Plc's Net Income From Continuing Ops and Minority Interest is 0.2. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest in the same time period over historical financial statements of STERIS plc, assuming nothing else is changed. The correlation between historical values of STERIS Plc's Net Income From Continuing Ops and Minority Interest 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 STERIS plc are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income From Continuing Ops i.e., STERIS Plc's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of STERIS plc whose combined shares represent less than 50% of the total outstanding shares issued by STERIS Plc have a minority interest in STERIS Plc.Most indicators from STERIS Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STERIS plc 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 STERIS plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.At present, STERIS Plc's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 22.46, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.20.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 4.6B | 5.0B | 5.1B | 5.4B | Depreciation And Amortization | 553.1M | 982.1M | 266.4M | 279.7M |
STERIS Plc fundamental ratios Correlations
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STERIS Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
STERIS Plc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.4B | 6.6B | 11.5B | 10.8B | 11.1B | 11.6B | |
Short Long Term Debt Total | 1.2B | 1.7B | 3.1B | 3.0B | 3.1B | 3.3B | |
Other Current Liab | 281.2M | 335.7M | 406.3M | 395.0M | 687.5M | 721.9M | |
Total Current Liabilities | 503.6M | 577.9M | 922.2M | 861.8M | 939.3M | 986.2M | |
Total Stockholder Equity | 3.4B | 3.9B | 6.5B | 6.1B | 6.3B | 6.6B | |
Property Plant And Equipment Net | 1.2B | 1.4B | 1.7B | 1.9B | 1.9B | 2.0B | |
Net Debt | 830.9M | 1.4B | 2.8B | 2.8B | 2.9B | 3.1B | |
Retained Earnings | 1.6B | 1.9B | 2.0B | 1.9B | 2.2B | 2.3B | |
Accounts Payable | 149.3M | 157.0M | 225.7M | 279.6M | 251.7M | 264.3M | |
Cash | 319.6M | 220.5M | 348.3M | 208.4M | 207.0M | 126.3M | |
Non Current Assets Total | 4.2B | 5.4B | 9.6B | 8.8B | 8.2B | 8.6B | |
Cash And Short Term Investments | 319.6M | 220.5M | 348.3M | 208.4M | 207.0M | 126.3M | |
Net Receivables | 586.5M | 609.4M | 799.0M | 928.3M | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 85.6M | 85.9M | 98.3M | 100.2M | 99.4M | 73.9M | |
Liabilities And Stockholders Equity | 5.4B | 6.6B | 11.5B | 10.8B | 11.1B | 11.6B | |
Non Current Liabilities Total | 1.5B | 2.1B | 4.0B | 3.9B | 3.8B | 4.0B | |
Inventory | 248.3M | 315.1M | 575.0M | 695.5M | 674.5M | 708.3M | |
Other Current Assets | 54.4M | 66.8M | 156.6M | 179.3M | 985.7M | 1.0B | |
Other Stockholder Equity | 12.8M | 10.5M | 12.3M | 10.0M | 9.0M | 8.5M | |
Total Liab | 2.0B | 2.7B | 4.9B | 4.7B | 4.8B | 5.0B | |
Total Current Assets | 1.2B | 1.2B | 1.9B | 2.0B | 2.9B | 3.0B | |
Short Term Debt | 19.8M | 22.8M | 179.3M | 95.0M | 109.2M | 114.7M | |
Intangible Assets | 565.5M | 898.4M | 3.3B | 3.0B | 2.1B | 2.2B | |
Non Currrent Assets Other | 51.6M | 52.7M | 70.7M | 78.1M | 67.9M | 71.3M | |
Accumulated Other Comprehensive Income | (235.5M) | (61.2M) | (209.8M) | (320.7M) | (288.6M) | (274.2M) | |
Common Stock | 2.0B | 2.0B | 4.7B | 4.5B | 6.3B | 6.6B | |
Other Liab | 250.6M | 454.5M | 1.0B | 693.7M | 797.7M | 837.6M | |
Other Assets | 51.6M | 52.7M | 70.7M | 78.1M | 1.0 | 0.95 | |
Long Term Debt | 1.2B | 1.7B | 2.9B | 3.0B | 3.5B | 3.6B | |
Good Will | 2.4B | 3.0B | 4.4B | 3.9B | 4.1B | 4.3B | |
Property Plant Equipment | 1.2B | 1.2B | 1.7B | 1.7B | 2.0B | 2.1B | |
Current Deferred Revenue | 53.3M | 62.5M | 110.8M | 92.3M | 83.1M | 69.7M | |
Common Stock Total Equity | 2.0B | 2.0B | 2.0B | 4.5B | 5.2B | 5.4B | |
Property Plant And Equipment Gross | 1.2B | 1.4B | 1.7B | 1.7B | 2.0B | 2.1B | |
Net Tangible Assets | 472.3M | 854.9M | (1.2B) | 2.2B | 2.5B | 2.7B | |
Long Term Debt Total | 1.2B | 1.7B | 2.9B | 3.0B | 3.5B | 1.8B | |
Deferred Long Term Liab | 151.0M | 160.3M | 236.9M | 617.5M | 710.2M | 745.7M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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When running STERIS Plc's price analysis, check to measure STERIS Plc'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 STERIS Plc is operating at the current time. Most of STERIS Plc's value examination focuses on studying past and present price action to predict the probability of STERIS Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STERIS Plc's price. Additionally, you may evaluate how the addition of STERIS Plc to your portfolios can decrease your overall portfolio volatility.
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Is STERIS Plc'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 STERIS Plc. If investors know STERIS 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 STERIS Plc 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 0.145 | Dividend Share 2.03 | Earnings Share 5.56 | Revenue Per Share 52.018 | Quarterly Revenue Growth 0.025 |
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc'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 STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc'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 STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc'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.