Timken Common Stock vs Non Current Assets Total Analysis

TKR Stock  USD 93.10  0.71  0.77%   
Timken financial indicator trend analysis is much more than just breaking down Timken Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Timken Company is a good investment. Please check the relationship between Timken Common Stock and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Timken Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Timken Company Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Timken's Common Stock and Non Current Assets Total is -0.69. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Timken Company, assuming nothing else is changed. The correlation between historical values of Timken's Common Stock and Non Current Assets 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 Common Stock of Timken Company are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Timken's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Timken's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Timken Company 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 Timken Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At this time, Timken's Issuance Of Capital Stock is relatively stable compared to the past year. As of 05/16/2024, Enterprise Value Over EBITDA is likely to grow to 12.47, while Discontinued Operations is likely to drop slightly above 19.2 M.
 2021 2022 2023 2024 (projected)
Total Revenue4.1B4.5B4.8B3.4B
Depreciation And Amortization195.8M222.9M201.3M170.7M

Timken fundamental ratios Correlations

0.650.510.670.880.650.560.640.540.97-0.060.540.960.20.890.970.70.440.960.950.350.850.660.39-0.65-0.64
0.650.560.790.340.320.980.030.220.74-0.60.260.64-0.210.770.60.090.00.770.480.670.771.00.65-0.79-0.79
0.510.560.450.280.340.560.130.10.56-0.450.120.43-0.40.560.530.040.010.590.40.30.470.530.4-0.56-0.55
0.670.790.450.60.710.680.360.620.66-0.190.660.60.140.520.670.40.420.640.620.870.690.790.89-0.75-0.76
0.880.340.280.60.810.20.820.720.80.260.710.810.450.590.850.850.680.720.910.30.650.340.34-0.48-0.48
0.650.320.340.710.810.170.670.810.570.20.810.490.290.340.640.70.710.490.690.510.520.330.63-0.45-0.46
0.560.980.560.680.20.17-0.110.020.68-0.710.070.56-0.350.730.5-0.06-0.160.710.350.610.720.980.56-0.74-0.74
0.640.030.130.360.820.67-0.110.690.510.510.670.590.680.350.650.750.460.460.750.140.240.020.21-0.010.0
0.540.220.10.620.720.810.020.690.380.51.00.470.640.280.580.740.830.390.710.40.360.220.55-0.34-0.34
0.970.740.560.660.80.570.680.510.38-0.250.390.920.020.910.890.540.280.970.840.40.850.740.4-0.69-0.69
-0.06-0.6-0.45-0.190.260.2-0.710.510.5-0.250.46-0.010.8-0.280.020.590.55-0.220.22-0.33-0.3-0.58-0.240.50.5
0.540.260.120.660.710.810.070.671.00.390.460.470.610.280.580.710.810.40.70.460.370.270.6-0.37-0.38
0.960.640.430.60.810.490.560.590.470.92-0.010.470.30.920.950.690.380.950.930.240.850.640.26-0.58-0.57
0.2-0.21-0.40.140.450.29-0.350.680.640.020.80.610.3-0.010.280.640.50.050.44-0.04-0.04-0.21-0.020.260.26
0.890.770.560.520.590.340.730.350.280.91-0.280.280.92-0.010.860.450.150.970.790.210.850.770.24-0.6-0.6
0.970.60.530.670.850.640.50.650.580.890.020.580.950.280.860.750.490.930.970.290.860.590.38-0.61-0.61
0.70.090.040.40.850.7-0.060.750.740.540.590.710.690.640.450.750.780.540.850.00.550.10.11-0.21-0.21
0.440.00.010.420.680.71-0.160.460.830.280.550.810.380.50.150.490.780.260.620.150.390.020.29-0.39-0.39
0.960.770.590.640.720.490.710.460.390.97-0.220.40.950.050.970.930.540.260.870.340.880.770.37-0.67-0.66
0.950.480.40.620.910.690.350.750.710.840.220.70.930.440.790.970.850.620.870.240.770.480.33-0.53-0.52
0.350.670.30.870.30.510.610.140.40.4-0.330.460.24-0.040.210.290.00.150.340.240.340.680.95-0.6-0.61
0.850.770.470.690.650.520.720.240.360.85-0.30.370.85-0.040.850.860.550.390.880.770.340.770.39-0.79-0.79
0.661.00.530.790.340.330.980.020.220.74-0.580.270.64-0.210.770.590.10.020.770.480.680.770.65-0.78-0.79
0.390.650.40.890.340.630.560.210.550.4-0.240.60.26-0.020.240.380.110.290.370.330.950.390.65-0.63-0.64
-0.65-0.79-0.56-0.75-0.48-0.45-0.74-0.01-0.34-0.690.5-0.37-0.580.26-0.6-0.61-0.21-0.39-0.67-0.53-0.6-0.79-0.78-0.631.0
-0.64-0.79-0.55-0.76-0.48-0.46-0.740.0-0.34-0.690.5-0.38-0.570.26-0.6-0.61-0.21-0.39-0.66-0.52-0.61-0.79-0.79-0.641.0
Click cells to compare fundamentals

Timken Account Relationship Matchups

Timken fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.0B5.2B5.8B6.5B3.5B
Short Long Term Debt Total1.8B1.7B1.5B2.0B2.5B2.6B
Other Current Liab172.3M186.9M190.6M505.2M427.2M241.3M
Total Current Liabilities736.6M848M896.6M1.0B1.5B1.5B
Total Stockholder Equity1.9B2.2B2.3B2.3B2.6B1.5B
Property Plant And Equipment Net1.1B1.2B1.2B1.3B1.4B1.3B
Net Debt1.6B1.3B1.3B1.7B2.1B2.2B
Retained Earnings1.9B1.3B1.6B1.9B2.2B1.3B
Cash209.5M320.3M257.1M331.6M419.3M440.3M
Non Current Assets Total3.0B3.0B3.0B3.3B3.9B2.0B
Non Currrent Assets Other89.8M96.5M91.5M23.2M28.2M26.8M
Cash And Short Term Investments209.5M320.3M257.1M331.6M450.9M473.4M
Net Receivables674.3M692M730.9M803.5M816.2M495.6M
Common Stock Shares Outstanding76.9M76.4M77.0M74.3M72.1M81.4M
Liabilities And Stockholders Equity4.9B5.0B5.2B5.8B6.5B3.5B
Non Current Liabilities Total2.2B2.0B1.9B2.4B2.4B1.3B
Inventory842M841.3M1.0B1.2B1.2B703.4M
Other Current Assets142.1M145.9M182M168.5M138.7M100.9M
Other Stockholder Equity(42.2M)731.4M660.8M477.4M456.4M461.5M
Total Liab2.9B2.8B2.8B3.4B3.8B2.0B
Total Current Assets1.9B2.0B2.2B2.5B2.6B1.5B
Short Term Debt110.3M157.9M53.8M49M631.5M663.1M
Accounts Payable301.7M351.4M430M403.9M367.2M313.1M
Intangible Assets758.5M741.4M668.8M765.3M1.0B1.1B
Property Plant And Equipment Gross1.1B1.0B1.2B1.3B3.3B3.4B
Accumulated Other Comprehensive Income(50.1M)41.3M(23M)(181.9M)(146.9M)(154.2M)
Other Liab449.1M459M407.7M427.7M384.9M605.7M
Other Assets127.3M476M91.5M96M1.00.95
Long Term Debt1.6B1.4B1.4B1.9B1.8B1.9B
Good Will993.7M1.0B1.0B1.1B1.4B1.3B
Treasury Stock(960.3M)(979.8M)(9.3M)(126.1M)(113.5M)(119.2M)
Property Plant Equipment989.2M1.2B1.2B1.3B1.2B1.0B
Current Deferred Revenue152.3M151.8M222.2M54.3M45.4M43.1M
Short Term Investments25.8M37.6M56.9M39.2M31.6M25.5M
Net Tangible Assets116M2.2B603.4M2.3B2.0B1.3B
Noncontrolling Interest In Consolidated Entity86.6M72.3M82.8M84.6M97.3M102.2M
Retained Earnings Total Equity1.9B1.3B1.6B1.9B1.7B1.4B
Long Term Debt Total1.6B1.4B1.4B1.9B2.2B2.3B
Capital Surpluse937.6M740.7M786.9M829.6M746.6M702.8M
Deferred Long Term Liab168.2M148.7M121.4M139.8M160.8M81.0M

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When determining whether Timken Company is a strong investment it is important to analyze Timken'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 Timken's future performance. For an informed investment choice regarding Timken 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 Timken Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is Timken'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 Timken. If investors know Timken 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 Timken 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
(0.13)
Dividend Share
1.32
Earnings Share
5.26
Revenue Per Share
66.317
Quarterly Revenue Growth
(0.06)
The market value of Timken Company is measured differently than its book value, which is the value of Timken that is recorded on the company's balance sheet. Investors also form their own opinion of Timken's value that differs from its market value or its book value, called intrinsic value, which is Timken'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 Timken's market value can be influenced by many factors that don't directly affect Timken'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 Timken's value and its price as these two are different measures arrived at by different means. Investors typically determine if Timken is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Timken'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.