Dentsply Interest Coverage vs Inventory Turnover Analysis

XRAY Stock  USD 30.79  0.10  0.32%   
Dentsply Sirona financial indicator trend analysis is much more than just examining Dentsply Sirona latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dentsply Sirona is a good investment. Please check the relationship between Dentsply Sirona Interest Coverage and its Inventory Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.

Interest Coverage vs Inventory Turnover

Interest Coverage vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dentsply Sirona Interest Coverage account and Inventory Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dentsply Sirona's Interest Coverage and Inventory Turnover is 0.26. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Dentsply Sirona, assuming nothing else is changed. The correlation between historical values of Dentsply Sirona's Interest Coverage and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Dentsply Sirona are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Interest Coverage i.e., Dentsply Sirona's Interest Coverage and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Coverage

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Dentsply Sirona's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dentsply Sirona 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.Enterprise Value is likely to rise to about 9.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 975.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue4.3B3.9B4.0B4.2B
Depreciation And Amortization380M328M343M360.2M

Dentsply Sirona fundamental ratios Correlations

0.580.510.970.730.490.181.00.020.760.940.820.690.170.770.750.790.730.830.83-0.160.970.720.160.840.84
0.580.960.440.930.99-0.30.55-0.080.870.770.920.830.70.680.960.860.910.670.670.520.580.90.740.820.83
0.510.960.370.930.96-0.360.480.00.880.730.860.860.710.650.940.850.920.570.570.610.520.910.80.780.79
0.970.440.370.620.330.240.980.00.680.850.730.60.080.770.630.730.630.790.79-0.310.960.630.080.710.71
0.730.930.930.620.89-0.180.69-0.050.980.90.960.950.640.760.980.970.980.770.770.320.710.970.670.870.88
0.490.990.960.330.89-0.30.460.00.820.690.880.790.710.570.930.780.850.540.540.640.480.840.740.760.77
0.18-0.3-0.360.24-0.18-0.30.210.52-0.160.01-0.06-0.13-0.55-0.41-0.16-0.13-0.25-0.11-0.11-0.240.0-0.34-0.5-0.21-0.22
1.00.550.480.980.690.460.210.040.720.910.80.650.130.760.720.760.70.810.81-0.170.970.680.120.80.8
0.02-0.080.00.0-0.050.00.520.040.02-0.050.02-0.04-0.41-0.350.02-0.11-0.12-0.37-0.370.37-0.08-0.13-0.13-0.2-0.2
0.760.870.880.680.980.82-0.160.720.020.910.940.950.590.80.950.980.960.750.760.250.750.970.670.850.85
0.940.770.730.850.90.690.010.91-0.050.910.930.870.420.80.890.930.90.870.870.010.910.890.390.930.93
0.820.920.860.730.960.88-0.060.80.020.940.930.890.550.770.990.940.930.770.780.280.80.920.560.870.88
0.690.830.860.60.950.79-0.130.65-0.040.950.870.890.710.720.910.960.920.660.660.270.670.920.680.790.8
0.170.70.710.080.640.71-0.550.13-0.410.590.420.550.710.50.620.610.610.320.320.430.220.660.80.520.53
0.770.680.650.770.760.57-0.410.76-0.350.80.80.770.720.50.750.830.80.820.82-0.080.870.850.510.80.8
0.750.960.940.630.980.93-0.160.720.020.950.890.990.910.620.750.940.950.730.730.40.730.950.660.870.87
0.790.860.850.730.970.78-0.130.76-0.110.980.930.940.960.610.830.940.960.820.820.150.790.960.650.860.87
0.730.910.920.630.980.85-0.250.7-0.120.960.90.930.920.610.80.950.960.780.790.250.740.970.630.880.88
0.830.670.570.790.770.54-0.110.81-0.370.750.870.770.660.320.820.730.820.781.0-0.210.850.790.330.870.87
0.830.670.570.790.770.54-0.110.81-0.370.760.870.780.660.320.820.730.820.791.0-0.20.850.80.340.870.87
-0.160.520.61-0.310.320.64-0.24-0.170.370.250.010.280.270.43-0.080.40.150.25-0.21-0.2-0.20.250.60.140.15
0.970.580.520.960.710.480.00.97-0.080.750.910.80.670.220.870.730.790.740.850.85-0.20.750.190.830.83
0.720.90.910.630.970.84-0.340.68-0.130.970.890.920.920.660.850.950.960.970.790.80.250.750.690.860.87
0.160.740.80.080.670.74-0.50.12-0.130.670.390.560.680.80.510.660.650.630.330.340.60.190.690.50.51
0.840.820.780.710.870.76-0.210.8-0.20.850.930.870.790.520.80.870.860.880.870.870.140.830.860.51.0
0.840.830.790.710.880.77-0.220.8-0.20.850.930.880.80.530.80.870.870.880.870.870.150.830.870.511.0
Click cells to compare fundamentals

Dentsply Sirona Account Relationship Matchups

Dentsply Sirona fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.3B9.2B7.6B7.4B3.7B
Short Long Term Debt Total1.6B2.4B2.2B2.1B2.3B2.4B
Total Current Liabilities995.5M1.3B1.2B1.2B1.4B1.5B
Total Stockholder Equity5.1B5.0B5.0B3.8B3.3B2.0B
Property Plant And Equipment Net961.7M967M966M961M978M1.0B
Net Debt1.2B2.0B1.9B1.7B2.0B2.1B
Retained Earnings1.4B1.2B1.6B456M205M194.8M
Non Current Assets Total6.6B7.6B7.4B5.8B5.4B2.8B
Non Currrent Assets Other68.5M94M122M(114M)59M73.3M
Net Receivables782M673M747M632M756M793.8M
Common Stock Shares Outstanding224.4M219.2M220.2M215.5M212M159.6M
Liabilities And Stockholders Equity8.6B9.3B9.2B7.6B7.4B3.7B
Non Current Liabilities Total2.5B3.1B3.0B2.7B2.7B2.8B
Inventory561.7M466M504M627M624M655.2M
Other Current Assets100.7M66M83M269M259M272.0M
Other Stockholder Equity4.3B4.2B4.1B4.0B3.7B3.9B
Total Liab3.5B4.4B4.2B3.8B4.1B4.3B
Total Current Assets2.0B1.8B1.8B1.9B2.0B2.1B
Other Current Liab656.1M672M685M689M651M683.6M
Cash404.9M438M339M365M334M196.2M
Cash And Short Term Investments404.9M438M339M365M334M200.9M
Short Term Debt2.3M299M182M118M378M396.9M
Intangible Assets2.2B2.5B2.3B1.9B1.7B910.4M
Accounts Payable283.9M307.9M305M268M279M320.3M
Property Plant And Equipment Gross961.7M967M966M961M2.3B2.5B
Accumulated Other Comprehensive Income(599.7M)(464M)(592M)(628M)(636M)(604.2M)
Other Liab949.1M947M933M661M760.2M507.3M
Other Assets68.5M270M122M198M227.7M239.1M
Long Term Debt1.4B2.0B1.9B1.8B1.8B1.2B
Good Will3.4B4.0B4.0B2.7B2.4B2.4B
Treasury Stock(2.2B)(2.3B)(2.4B)(2.5B)(2.3B)(2.2B)
Property Plant Equipment802.4M791M966M961M1.1B616.4M
Current Deferred Revenue29.2M41M51M84M91M60.9M
Short Term Investments40M33M22M24M21.6M20.4M
Net Tangible Assets(480.3M)(1.5B)(1.3B)(780M)(702M)(737.1M)
Noncontrolling Interest In Consolidated Entity11.9M2.4M3M1M900K855K
Retained Earnings Total Equity1.4B1.2B1.6B456M410.4M389.9M

Dentsply Sirona Investors Sentiment

The influence of Dentsply Sirona's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dentsply. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dentsply Sirona's public news can be used to forecast risks associated with an investment in Dentsply. The trend in average sentiment can be used to explain how an investor holding Dentsply can time the market purely based on public headlines and social activities around Dentsply Sirona. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dentsply Sirona's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dentsply Sirona's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dentsply Sirona's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dentsply Sirona.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dentsply Sirona in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dentsply Sirona's short interest history, or implied volatility extrapolated from Dentsply Sirona options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dentsply Sirona offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dentsply Sirona's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dentsply Sirona Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dentsply Sirona Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.
Note that the Dentsply Sirona information on this page should be used as a complementary analysis to other Dentsply Sirona'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Dentsply Sirona's price analysis, check to measure Dentsply Sirona'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 Dentsply Sirona is operating at the current time. Most of Dentsply Sirona's value examination focuses on studying past and present price action to predict the probability of Dentsply Sirona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsply Sirona's price. Additionally, you may evaluate how the addition of Dentsply Sirona to your portfolios can decrease your overall portfolio volatility.
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Is Dentsply Sirona'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 Dentsply Sirona. If investors know Dentsply 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 Dentsply Sirona 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
0.178
Dividend Share
0.56
Earnings Share
(0.62)
Revenue Per Share
18.703
Quarterly Revenue Growth
0.03
The market value of Dentsply Sirona is measured differently than its book value, which is the value of Dentsply that is recorded on the company's balance sheet. Investors also form their own opinion of Dentsply Sirona's value that differs from its market value or its book value, called intrinsic value, which is Dentsply Sirona'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 Dentsply Sirona's market value can be influenced by many factors that don't directly affect Dentsply Sirona'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 Dentsply Sirona's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dentsply Sirona is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dentsply Sirona'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.