Stryker Accumulated Depreciation vs Total Liab Analysis

SYK Stock  USD 335.61  1.54  0.46%   
Stryker financial indicator trend analysis is much more than just breaking down Stryker prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stryker is a good investment. Please check the relationship between Stryker Accumulated Depreciation and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.

Accumulated Depreciation vs Total Liab

Accumulated Depreciation vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryker Accumulated Depreciation account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Stryker's Accumulated Depreciation and Total Liab is -0.97. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Total Liab in the same time period over historical financial statements of Stryker, assuming nothing else is changed. The correlation between historical values of Stryker's Accumulated Depreciation and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Stryker are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accumulated Depreciation i.e., Stryker's Accumulated Depreciation and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Stryker fixed asset that has been charged to Stryker expense since that asset was acquired and made available for Stryker use. The accumulated depreciation account is Stryker asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Stryker.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Stryker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stryker 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 Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.At this time, Stryker's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 116.9 B this year, although the value of Tax Provision will most likely fall to about 289.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.1B13.7B
Total Revenue17.1B18.4B20.5B21.5B

Stryker fundamental ratios Correlations

0.970.950.940.970.990.940.980.650.990.93-0.010.990.630.950.98-0.050.970.990.870.740.950.940.91-0.50.35
0.970.880.870.90.980.980.920.630.990.91-0.150.940.470.990.95-0.230.890.990.750.670.970.90.89-0.650.39
0.950.880.940.940.910.840.940.630.910.850.170.930.670.870.910.140.950.930.910.710.880.860.83-0.310.29
0.940.870.940.940.910.850.950.540.910.89-0.010.930.670.810.960.060.920.90.870.880.810.930.89-0.370.38
0.970.90.940.940.960.881.00.590.940.90.050.990.730.870.970.080.980.930.920.750.870.950.92-0.370.29
0.990.980.910.910.960.950.970.670.990.94-0.060.980.580.970.98-0.130.950.990.840.730.960.920.9-0.580.36
0.940.980.840.850.880.950.890.460.980.87-0.280.910.430.950.92-0.220.840.960.670.630.920.920.91-0.60.5
0.980.920.940.951.00.970.890.630.960.910.040.990.710.890.980.030.980.950.910.750.90.950.92-0.410.29
0.650.630.630.540.590.670.460.630.610.650.370.640.420.690.63-0.170.680.680.680.510.710.440.4-0.52-0.18
0.990.990.910.910.940.990.980.960.610.94-0.140.960.540.970.98-0.180.930.990.790.710.960.940.92-0.60.38
0.930.910.850.890.90.940.870.910.650.94-0.110.910.530.890.93-0.210.890.930.750.790.890.890.87-0.610.24
-0.01-0.150.17-0.010.05-0.06-0.280.040.37-0.14-0.110.00.27-0.06-0.090.730.15-0.050.42-0.120.0-0.23-0.280.55-0.22
0.990.940.930.930.990.980.910.990.640.960.910.00.670.910.99-0.020.980.960.890.750.910.950.92-0.470.3
0.630.470.670.670.730.580.430.710.420.540.530.270.670.450.640.320.740.540.810.540.490.590.540.09-0.03
0.950.990.870.810.870.970.950.890.690.970.89-0.060.910.450.91-0.220.880.980.750.590.990.830.82-0.640.37
0.980.950.910.960.970.980.920.980.630.980.93-0.090.990.640.91-0.10.950.970.850.820.910.950.92-0.530.34
-0.05-0.230.140.060.08-0.13-0.220.03-0.17-0.18-0.210.73-0.020.32-0.22-0.10.08-0.140.35-0.11-0.16-0.11-0.140.840.15
0.970.890.950.920.980.950.840.980.680.930.890.150.980.740.880.950.080.930.930.720.90.90.86-0.370.17
0.990.990.930.90.930.990.960.950.680.990.93-0.050.960.540.980.97-0.140.930.820.710.970.90.88-0.580.39
0.870.750.910.870.920.840.670.910.680.790.750.420.890.810.750.850.350.930.820.680.770.760.71-0.110.21
0.740.670.710.880.750.730.630.750.510.710.79-0.120.750.540.590.82-0.110.720.710.680.590.760.71-0.430.21
0.950.970.880.810.870.960.920.90.710.960.890.00.910.490.990.91-0.160.90.970.770.590.810.79-0.60.3
0.940.90.860.930.950.920.920.950.440.940.89-0.230.950.590.830.95-0.110.90.90.760.760.810.99-0.50.38
0.910.890.830.890.920.90.910.920.40.920.87-0.280.920.540.820.92-0.140.860.880.710.710.790.99-0.510.4
-0.5-0.65-0.31-0.37-0.37-0.58-0.6-0.41-0.52-0.6-0.610.55-0.470.09-0.64-0.530.84-0.37-0.58-0.11-0.43-0.6-0.5-0.51-0.03
0.350.390.290.380.290.360.50.29-0.180.380.24-0.220.3-0.030.370.340.150.170.390.210.210.30.380.4-0.03
Click cells to compare fundamentals

Stryker Account Relationship Matchups

Stryker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.2B34.3B34.6B36.9B39.9B41.9B
Short Long Term Debt Total10.2B13.2B12.5B13.0B13.0B13.6B
Other Current Liab2.9B3.5B3.4B3.7B3.9B4.1B
Total Current Liabilities4.4B5.0B4.5B6.3B7.9B8.3B
Total Stockholder Equity12.8B13.1B14.9B16.6B18.6B19.5B
Property Plant And Equipment Net2.6B2.8B2.8B3.0B3.2B3.4B
Net Debt5.9B10.3B9.5B11.2B10.0B10.5B
Retained Earnings11.7B12.5B13.5B14.8B16.8B17.6B
Cash4.3B2.9B2.9B1.8B3.0B3.1B
Non Current Assets Total18.8B24.6B24.6B26.6B27.4B28.8B
Non Currrent Assets Other1.4B2.0B2.2B2.4B2.7B2.8B
Cash And Short Term Investments4.4B3.0B3.0B1.9B3.1B1.7B
Net Receivables2.9B2.7B3.0B3.6B3.8B4.0B
Liabilities And Stockholders Equity30.2B34.3B34.6B36.9B39.9B41.9B
Non Current Liabilities Total13.0B16.2B15.2B14.0B13.4B14.1B
Inventory3.3B3.5B3.3B4.0B4.8B5.1B
Other Current Assets760M488M662M787M857M520.6M
Other Stockholder Equity1.6B1.7B1.9B2.0B2.2B2.3B
Total Liab17.4B21.2B19.8B20.3B21.3B22.4B
Total Current Assets11.4B9.7B10.0B10.3B12.5B13.1B
Short Term Debt859M761M7M1.2B2.1B2.2B
Intangible Assets4.2B5.6B4.8B4.9B4.6B4.8B
Accounts Payable675M810M1.1B1.4B1.5B1.6B
Property Plant And Equipment Gross2.6B2.8B5.5B5.8B6.3B6.7B
Accumulated Other Comprehensive Income(606M)(1.2B)(531M)(221M)(416M)(395.2M)
Short Term Investments88M81M75M84M82M77.9M
Good Will9.1B12.8B12.9B14.9B15.2B16.0B
Other Liab2.4B3.0B2.7B1.8B2.0B1.1B
Other Assets2.6B3.5B4.0B3.9B4.5B4.7B
Long Term Debt10.2B13.2B12.5B11.9B10.9B11.4B
Property Plant Equipment2.6B2.8B2.8B3.0B3.4B3.6B
Net Tangible Assets(489M)(5.2B)(2.9B)(3.1B)(2.8B)(2.7B)
Retained Earnings Total Equity11.7B12.5B13.5B14.8B17.0B10.2B
Capital Surpluse1.6B1.7B1.9B2.0B2.3B1.5B
Non Current Liabilities Other2.7B3.0B1.8B1.5B1.9B1.8B
Accumulated Depreciation(2.1B)(2.4B)(2.7B)(2.8B)(2.6B)(2.7B)

Currently Active Assets on Macroaxis

When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Stryker's price analysis, check to measure Stryker'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 Stryker is operating at the current time. Most of Stryker's value examination focuses on studying past and present price action to predict the probability of Stryker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryker's price. Additionally, you may evaluate how the addition of Stryker to your portfolios can decrease your overall portfolio volatility.
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Is Stryker'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 Stryker. If investors know Stryker 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 Stryker 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
1.027
Dividend Share
3.05
Earnings Share
8.25
Revenue Per Share
53.999
Quarterly Revenue Growth
0.118
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker'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 Stryker's market value can be influenced by many factors that don't directly affect Stryker'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 Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker'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.