Textron Total Assets vs Short Long Term Debt Total Analysis

TXT Stock

USD 87.61 1.36 1.58%

Textron financial indicator trend analysis is much more than just breaking down Textron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Textron is a good investment. Please check the relationship between Textron 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 Textron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Textron Stock please use our How to Invest in Textron 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 Textron Total Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Textron's Total Assets and Short Long Term Debt Total is 0.78. 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 Textron, assuming nothing else is changed. The correlation between historical values of Textron'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 Textron 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., Textron's Total Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Textron 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 Textron 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 Textron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Textron 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 Textron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Textron Stock please use our How to Invest in Textron guide.Selling General Administrative is likely to gain to about 1.4 B in 2024, despite the fact that Discontinued Operations is likely to grow to (855 K).

	2021	2022	2023	2024 (projected)
Gross Profit	2.1B	2.1B	2.3B	2.1B
Total Revenue	12.4B	12.9B	13.7B	11.8B

Gross Profit Total Revenue

Textron 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	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	Accounts Payable	Property Plant And Equipment Gross	Common Stock	Good Will
Total Assets		0.78	0.12	0.88	0.75	0.89	0.17	0.86	0.75	0.9	0.18	0.75	0.6	-0.59	0.74	0.74	0.43	0.89	0.85	0.96	0.24	-0.11	0.56	0.57	0.78	0.71
Short Long Term Debt Total	0.78		0.01	0.58	0.61	0.52	0.34	0.67	0.82	0.47	-0.17	0.82	0.62	-0.77	0.44	0.41	0.6	0.8	0.47	0.83	0.35	-0.12	0.2	0.71	0.32	0.75
Other Current Liab	0.12	0.01		0.01	-0.19	0.01	0.16	-0.15	-0.08	0.26	0.46	-0.08	0.02	0.26	0.52	-0.12	0.46	-0.01	0.38	-0.02	-0.08	0.87	-0.12	-0.07	0.23	-0.2
Total Current Liabilities	0.88	0.58	0.01		0.69	0.9	0.26	0.83	0.51	0.87	0.13	0.51	0.62	-0.45	0.62	0.87	0.1	0.7	0.84	0.88	0.37	-0.2	0.76	0.33	0.77	0.65
Total Stockholder Equity	0.75	0.61	-0.19	0.69		0.77	0.13	0.93	0.66	0.69	-0.2	0.66	0.37	-0.83	0.19	0.76	0.3	0.84	0.43	0.87	0.03	-0.41	0.41	0.59	0.37	0.87
Property Plant And Equipment Net	0.89	0.52	0.01	0.9	0.77		0.26	0.91	0.48	0.93	0.08	0.48	0.45	-0.43	0.65	0.92	0.15	0.76	0.84	0.87	0.18	-0.19	0.7	0.24	0.84	0.71
Net Debt	0.17	0.34	0.16	0.26	0.13	0.26		0.25	-0.23	0.1	-0.36	-0.23	0.38	-0.11	0.08	0.44	0.02	0.14	0.16	0.23	0.09	0.39	0.26	-0.13	0.04	0.5
Retained Earnings	0.86	0.67	-0.15	0.83	0.93	0.91	0.25		0.64	0.81	-0.14	0.64	0.4	-0.72	0.41	0.88	0.27	0.85	0.64	0.94	0.25	-0.34	0.56	0.44	0.59	0.86
Cash	0.75	0.82	-0.08	0.51	0.66	0.48	-0.23	0.64		0.51	0.03	1.0	0.38	-0.79	0.41	0.27	0.6	0.78	0.44	0.78	0.32	-0.39	0.08	0.79	0.34	0.54
Non Current Assets Total	0.9	0.47	0.26	0.87	0.69	0.93	0.1	0.81	0.51		0.39	0.51	0.37	-0.35	0.8	0.78	0.29	0.7	0.93	0.82	0.13	-0.01	0.58	0.31	0.89	0.53
Non Currrent Assets Other	0.18	-0.17	0.46	0.13	-0.2	0.08	-0.36	-0.14	0.03	0.39		0.03	-0.12	0.33	0.58	-0.11	0.18	-0.17	0.47	-0.04	-0.18	0.33	-0.09	0.05	0.47	-0.43
Cash And Short Term Investments	0.75	0.82	-0.08	0.51	0.66	0.48	-0.23	0.64	1.0	0.51	0.03		0.38	-0.79	0.41	0.27	0.6	0.78	0.44	0.78	0.32	-0.39	0.08	0.79	0.34	0.54
Net Receivables	0.6	0.62	0.02	0.62	0.37	0.45	0.38	0.4	0.38	0.37	-0.12	0.38		-0.32	0.34	0.46	0.0	0.55	0.43	0.61	0.06	-0.04	0.49	0.43	0.38	0.58
Common Stock Shares Outstanding	-0.59	-0.77	0.26	-0.45	-0.83	-0.43	-0.11	-0.72	-0.79	-0.35	0.33	-0.79	-0.32		0.01	-0.39	-0.56	-0.77	-0.16	-0.74	-0.21	0.46	-0.13	-0.77	-0.01	-0.78
Non Current Liabilities Total	0.74	0.44	0.52	0.62	0.19	0.65	0.08	0.41	0.41	0.8	0.58	0.41	0.34	0.01		0.41	0.38	0.46	0.93	0.56	0.22	0.33	0.38	0.14	0.89	0.15
Inventory	0.74	0.41	-0.12	0.87	0.76	0.92	0.44	0.88	0.27	0.78	-0.11	0.27	0.46	-0.39	0.41		-0.1	0.63	0.67	0.79	0.19	-0.2	0.76	0.11	0.67	0.74
Other Current Assets	0.43	0.6	0.46	0.1	0.3	0.15	0.02	0.27	0.6	0.29	0.18	0.6	0.0	-0.56	0.38	-0.1		0.52	0.27	0.4	0.1	0.24	-0.2	0.59	0.09	0.25
Other Stockholder Equity	0.89	0.8	-0.01	0.7	0.84	0.76	0.14	0.85	0.78	0.7	-0.17	0.78	0.55	-0.77	0.46	0.63	0.52		0.58	0.92	0.16	-0.24	0.52	0.65	0.52	0.82
Total Liab	0.85	0.47	0.38	0.84	0.43	0.84	0.16	0.64	0.44	0.93	0.47	0.44	0.43	-0.16	0.93	0.67	0.27	0.58		0.73	0.29	0.15	0.58	0.17	0.94	0.36
Total Current Assets	0.96	0.83	-0.02	0.88	0.87	0.87	0.23	0.94	0.78	0.82	-0.04	0.78	0.61	-0.74	0.56	0.79	0.4	0.92	0.73		0.28	-0.25	0.54	0.6	0.64	0.83
Short Term Debt	0.24	0.35	-0.08	0.37	0.03	0.18	0.09	0.25	0.32	0.13	-0.18	0.32	0.06	-0.21	0.22	0.19	0.1	0.16	0.29	0.28		-0.18	0.3	-0.1	0.2	0.06
Intangible Assets	-0.11	-0.12	0.87	-0.2	-0.41	-0.19	0.39	-0.34	-0.39	-0.01	0.33	-0.39	-0.04	0.46	0.33	-0.2	0.24	-0.24	0.15	-0.25	-0.18		-0.17	-0.26	0.05	-0.27
Accounts Payable	0.56	0.2	-0.12	0.76	0.41	0.7	0.26	0.56	0.08	0.58	-0.09	0.08	0.49	-0.13	0.38	0.76	-0.2	0.52	0.58	0.54	0.3	-0.17		-0.05	0.64	0.45
Property Plant And Equipment Gross	0.57	0.71	-0.07	0.33	0.59	0.24	-0.13	0.44	0.79	0.31	0.05	0.79	0.43	-0.77	0.14	0.11	0.59	0.65	0.17	0.6	-0.1	-0.26	-0.05		0.05	0.54
Common Stock	0.78	0.32	0.23	0.77	0.37	0.84	0.04	0.59	0.34	0.89	0.47	0.34	0.38	-0.01	0.89	0.67	0.09	0.52	0.94	0.64	0.2	0.05	0.64	0.05		0.27
Good Will	0.71	0.75	-0.2	0.65	0.87	0.71	0.5	0.86	0.54	0.53	-0.43	0.54	0.58	-0.78	0.15	0.74	0.25	0.82	0.36	0.83	0.06	-0.27	0.45	0.54	0.27

Click cells to compare fundamentals

Textron Account Relationship Matchups

Textron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.0B	15.4B	15.8B	16.3B	16.9B	17.0B
Short Long Term Debt Total	3.1B	3.7B	3.2B	3.2B	3.9B	4.5B
Other Current Liab	1.2B	1.2B	1.2B	1.2B	1.4B	1.2B
Total Current Liabilities	3.8B	3.3B	3.1B	3.7B	4.4B	3.3B
Total Stockholder Equity	5.5B	5.8B	6.8B	7.1B	7.0B	4.1B
Property Plant And Equipment Net	2.5B	2.5B	2.5B	2.5B	2.5B	2.1B
Net Debt	1.9B	1.6B	1.3B	1.2B	1.7B	1.6B
Retained Earnings	5.7B	6.0B	5.9B	5.9B	5.9B	4.4B
Cash	1.2B	2.1B	1.9B	2.0B	2.2B	2.3B
Non Current Assets Total	8.0B	8.0B	8.6B	8.9B	8.5B	6.9B
Non Currrent Assets Other	2.3B	2.2B	3.2B	3.3B	2.7B	2.7B
Cash And Short Term Investments	1.2B	2.1B	1.9B	2.0B	2.2B	2.3B
Net Receivables	921M	787M	838M	855M	1.5B	1.4B
Common Stock Shares Outstanding	232.7M	229.0M	226.5M	215.0M	201.8M	238.8M
Liabilities And Stockholders Equity	15.0B	15.4B	15.8B	16.3B	16.9B	17.0B
Non Current Liabilities Total	5.7B	6.3B	5.9B	5.5B	5.5B	6.9B
Inventory	4.1B	3.5B	3.5B	3.6B	3.9B	2.5B
Other Current Assets	894M	950M	1.0B	1.0B	857M	1.1B
Other Stockholder Equity	1.7B	1.6B	1.7B	1.8B	1.7B	1.8B
Total Liab	9.5B	9.6B	9.0B	9.2B	9.9B	9.3B
Total Current Assets	7.1B	7.4B	7.2B	7.4B	8.4B	7.3B
Short Term Debt	561M	509M	6M	7M	357M	339.2M
Intangible Assets	589M	489M	438M	461M	414.9M	756.9M
Accounts Payable	1.4B	776M	786M	1.0B	1.0B	968.6M
Property Plant And Equipment Gross	2.5B	2.5B	7.4B	7.6B	7.7B	8.1B
Accumulated Other Comprehensive Income	(1.8B)	(1.7B)	(789M)	(612M)	(644M)	(676.2M)
Good Will	2.2B	2.2B	2.1B	2.3B	2.3B	2.1B
Current Deferred Revenue	715M	758M	1.1B	1.4B	1.6B	1.7B
Other Liab	2.1B	2.3B	2.0B	1.6B	1.4B	1.9B
Other Assets	2.0B	2.4B	3.0B	4.1B	4.7B	4.9B
Long Term Debt	3.2B	3.2B	3.9B	3.6B	3.5B	3.5B
Treasury Stock	(20M)	(203M)	(157M)	(84M)	(96.6M)	(101.4M)
Property Plant Equipment	2.5B	2.5B	2.5B	2.5B	2.9B	2.4B
Net Tangible Assets	3.4B	3.7B	4.7B	4.8B	5.6B	4.4B
Retained Earnings Total Equity	5.7B	6.0B	5.9B	5.9B	6.8B	4.7B
Long Term Debt Total	2.6B	3.2B	3.9B	3.6B	4.2B	3.7B
Non Current Liabilities Other	2.3B	2.5B	2.7B	2.3B	2.0B	2.0B
Capital Surpluse	1.7B	1.8B	1.9B	1.9B	2.2B	1.7B

Pair Trading with Textron

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Textron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Textron will appreciate offsetting losses from the drop in the long position's value.

Moving against Textron Stock

0.83	AIR	AAR Corp Financial Report 16th of July 2024	Pair Corr
0.72	HEI	Heico Fiscal Year End 16th of December 2024	Pair Corr
0.48	DCO	Ducommun Incorporated	Pair Corr
0.46	CW	Curtiss Wright	Pair Corr
0.42	GE	GE Aerospace Financial Report 23rd of July 2024	Pair Corr

The ability to find closely correlated positions to Textron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Textron when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Textron - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Textron to buy it.

The correlation of Textron is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Textron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Textron moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Textron can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Textron 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 Textron 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 Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:

How To Invest In Textron

Details

Is Textron Stock a good investment?

Details

What is Textron's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Textron Stock analysis

When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.

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Is Textron'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 Textron. If investors know Textron 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 Textron 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

0.12

Dividend Share

0.08

Earnings Share

4.68

Revenue Per Share

70.123

Quarterly Revenue Growth

0.037

The market value of Textron is measured differently than its book value, which is the value of Textron that is recorded on the company's balance sheet. Investors also form their own opinion of Textron's value that differs from its market value or its book value, called intrinsic value, which is Textron'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 Textron's market value can be influenced by many factors that don't directly affect Textron'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 Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Textron'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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Textron Total Assets vs Short Long Term Debt Total Analysis

Total Assets vs Short Long Term Debt Total

Total Assets vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Total Assets

Short Long Term Debt Total

Textron fundamental ratios Correlations

Textron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Textron fundamental ratios Accounts

Pair Trading with Textron

Moving against Textron Stock

Complementary Tools for Textron Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.96	Total Assets
Total Current Assets	+ 0.94	Retained Earnings
Common Stock	+ 0.94	Total Liab
Retained Earnings	+ 0.93	Total Stockholder Equity
Non Current Assets Total	+ 0.93	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.83	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.79	Cash And Short Term Investments
Common Stock Shares Outstanding	- 0.79	Cash
Good Will	- 0.78	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.77	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.77	Common Stock Shares Outstanding