Air Net Receivables vs Common Stock Shares Outstanding Analysis

0HBH Stock

332.29 0.95 0.29%

Air Products financial indicator trend analysis is way more than just evaluating Air Products Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Products Chemicals is a good investment. Please check the relationship between Air Products Net Receivables and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Products Chemicals Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Air Products' Net Receivables and Common Stock Shares Outstanding is -0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Air Products Chemicals, assuming nothing else is changed. The correlation between historical values of Air Products' Net Receivables and Common Stock Shares Outstanding 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 Receivables of Air Products Chemicals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Air Products' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Air Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Products Chemicals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 726.4 M in 2024. Tax Provision is likely to drop to about 436.1 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	12.7B	12.6B	12.1B	7.6B
Depreciation And Amortization	1.3B	1.4B	1.5B	771.9M

Total Revenue Depreciation And Amortization

Air Products 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	Current Deferred Revenue	Common Stock	Good Will
Total Assets		0.95	0.95	0.81	0.96	0.98	0.79	0.95	0.55	0.98	0.64	0.5	0.53	-0.56	0.98	0.37	0.15	-0.2	0.97	0.71	0.01	-0.03	0.66	0.58	0.69	-0.33
Short Long Term Debt Total	0.95		0.92	0.84	0.84	0.97	0.92	0.82	0.37	0.97	0.62	0.32	0.46	-0.59	0.99	0.47	0.16	-0.15	0.99	0.55	0.13	-0.01	0.7	0.49	0.59	-0.15
Other Current Liab	0.95	0.92		0.82	0.89	0.95	0.82	0.88	0.4	0.96	0.69	0.33	0.49	-0.62	0.94	0.43	0.22	-0.25	0.94	0.57	0.05	0.06	0.69	0.4	0.69	-0.21
Total Current Liabilities	0.81	0.84	0.82		0.67	0.79	0.85	0.72	0.12	0.84	0.73	0.07	0.68	-0.62	0.83	0.59	0.39	-0.52	0.88	0.39	0.56	0.27	0.72	0.38	0.76	0.01
Total Stockholder Equity	0.96	0.84	0.89	0.67		0.92	0.6	0.99	0.7	0.91	0.55	0.65	0.49	-0.46	0.88	0.22	0.03	-0.16	0.86	0.81	-0.16	-0.11	0.55	0.62	0.68	-0.49
Property Plant And Equipment Net	0.98	0.97	0.95	0.79	0.92		0.85	0.9	0.45	0.99	0.59	0.38	0.45	-0.57	0.97	0.38	0.1	-0.11	0.96	0.59	-0.01	-0.1	0.66	0.53	0.61	-0.31
Net Debt	0.79	0.92	0.82	0.85	0.6	0.85		0.6	-0.03	0.87	0.53	-0.08	0.43	-0.59	0.87	0.62	0.21	-0.17	0.89	0.19	0.33	0.09	0.74	0.28	0.47	0.1
Retained Earnings	0.95	0.82	0.88	0.72	0.99	0.9	0.6		0.67	0.9	0.6	0.62	0.58	-0.49	0.87	0.26	0.1	-0.29	0.87	0.81	-0.06	-0.02	0.56	0.6	0.77	-0.46
Cash	0.55	0.37	0.4	0.12	0.7	0.45	-0.03	0.67		0.4	0.31	0.99	0.15	-0.11	0.46	-0.27	-0.07	0.02	0.41	0.95	-0.44	-0.24	0.03	0.57	0.38	-0.61
Non Current Assets Total	0.98	0.97	0.96	0.84	0.91	0.99	0.87	0.9	0.4		0.62	0.34	0.51	-0.59	0.98	0.44	0.16	-0.18	0.98	0.58	0.06	-0.03	0.71	0.52	0.66	-0.26
Non Currrent Assets Other	0.64	0.62	0.69	0.73	0.55	0.59	0.53	0.6	0.31	0.62		0.26	0.41	-0.62	0.66	0.25	0.53	-0.5	0.7	0.49	0.33	0.27	0.37	0.31	0.73	-0.08
Cash And Short Term Investments	0.5	0.32	0.33	0.07	0.65	0.38	-0.08	0.62	0.99	0.34	0.26		0.17	-0.04	0.4	-0.27	-0.1	0.03	0.35	0.94	-0.42	-0.22	0.01	0.55	0.33	-0.57
Net Receivables	0.53	0.46	0.49	0.68	0.49	0.45	0.43	0.58	0.15	0.51	0.41	0.17		-0.16	0.49	0.72	0.14	-0.76	0.54	0.42	0.5	0.54	0.65	0.14	0.85	0.14
Common Stock Shares Outstanding	-0.56	-0.59	-0.62	-0.62	-0.46	-0.57	-0.59	-0.49	-0.11	-0.59	-0.62	-0.04	-0.16		-0.59	-0.25	-0.1	0.39	-0.61	-0.25	-0.19	-0.36	-0.18	-0.1	-0.45	-0.07
Non Current Liabilities Total	0.98	0.99	0.94	0.83	0.88	0.97	0.87	0.87	0.46	0.98	0.66	0.4	0.49	-0.59		0.43	0.21	-0.19	0.99	0.64	0.07	0.01	0.69	0.53	0.64	-0.19
Inventory	0.37	0.47	0.43	0.59	0.22	0.38	0.62	0.26	-0.27	0.44	0.25	-0.27	0.72	-0.25	0.43		-0.08	-0.57	0.47	-0.03	0.49	0.65	0.75	-0.26	0.55	0.62
Other Current Assets	0.15	0.16	0.22	0.39	0.03	0.1	0.21	0.1	-0.07	0.16	0.53	-0.1	0.14	-0.1	0.21	-0.08		-0.25	0.25	0.06	0.32	0.05	0.26	0.34	0.28	-0.01
Other Stockholder Equity	-0.2	-0.15	-0.25	-0.52	-0.16	-0.11	-0.17	-0.29	0.02	-0.18	-0.5	0.03	-0.76	0.39	-0.19	-0.57	-0.25		-0.26	-0.2	-0.6	-0.87	-0.32	0.19	-0.8	-0.4
Total Liab	0.97	0.99	0.94	0.88	0.86	0.96	0.89	0.87	0.41	0.98	0.7	0.35	0.54	-0.61	0.99	0.47	0.25	-0.26		0.61	0.16	0.06	0.71	0.51	0.68	-0.16
Total Current Assets	0.71	0.55	0.57	0.39	0.81	0.59	0.19	0.81	0.95	0.58	0.49	0.94	0.42	-0.25	0.64	-0.03	0.06	-0.2	0.61		-0.22	-0.04	0.25	0.61	0.59	-0.47
Short Term Debt	0.01	0.13	0.05	0.56	-0.16	-0.01	0.33	-0.06	-0.44	0.06	0.33	-0.42	0.5	-0.19	0.07	0.49	0.32	-0.6	0.16	-0.22		0.48	0.19	-0.18	0.35	0.4
Intangible Assets	-0.03	-0.01	0.06	0.27	-0.11	-0.1	0.09	-0.02	-0.24	-0.03	0.27	-0.22	0.54	-0.36	0.01	0.65	0.05	-0.87	0.06	-0.04	0.48		0.22	-0.53	0.51	0.75
Accounts Payable	0.66	0.7	0.69	0.72	0.55	0.66	0.74	0.56	0.03	0.71	0.37	0.01	0.65	-0.18	0.69	0.75	0.26	-0.32	0.71	0.25	0.19	0.22		0.3	0.58	0.21
Current Deferred Revenue	0.58	0.49	0.4	0.38	0.62	0.53	0.28	0.6	0.57	0.52	0.31	0.55	0.14	-0.1	0.53	-0.26	0.34	0.19	0.51	0.61	-0.18	-0.53	0.3		0.22	-0.68
Common Stock	0.69	0.59	0.69	0.76	0.68	0.61	0.47	0.77	0.38	0.66	0.73	0.33	0.85	-0.45	0.64	0.55	0.28	-0.8	0.68	0.59	0.35	0.51	0.58	0.22		-0.03
Good Will	-0.33	-0.15	-0.21	0.01	-0.49	-0.31	0.1	-0.46	-0.61	-0.26	-0.08	-0.57	0.14	-0.07	-0.19	0.62	-0.01	-0.4	-0.16	-0.47	0.4	0.75	0.21	-0.68	-0.03

Click cells to compare fundamentals

Air Products Account Relationship Matchups

Air Products fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.2B	26.9B	27.2B	32.0B	39.6B	41.6B
Short Long Term Debt Total	7.9B	7.6B	7.6B	11.0B	14.8B	15.5B
Other Current Liab	902.5M	1.0B	1.1B	1.2B	1.5B	1.5B
Total Current Liabilities	2.4B	2.8B	3.5B	3.9B	4.2B	4.4B
Total Stockholder Equity	12.1B	13.5B	13.1B	14.3B	17.0B	17.9B
Property Plant And Equipment Net	12.0B	13.3B	14.2B	18.4B	24.4B	25.6B
Net Debt	2.7B	3.2B	4.9B	9.4B	11.8B	12.4B
Retained Earnings	14.9B	15.7B	16.5B	17.3B	19.5B	20.5B
Cash	5.3B	4.5B	2.7B	1.6B	3.0B	3.1B
Non Current Assets Total	16.5B	18.5B	20.9B	26.8B	33.2B	34.9B
Non Currrent Assets Other	1.6B	2.1B	2.1B	842.4M	2.8B	2.9B
Cash And Short Term Investments	6.4B	5.8B	3.3B	1.9B	3.0B	3.1B
Net Receivables	1.8B	2.0B	1.9B	2.3B	2.2B	1.4B
Common Stock Shares Outstanding	221.6M	222.3M	222.5M	222.7M	222.8M	178.2M
Liabilities And Stockholders Equity	25.2B	26.9B	27.2B	32.0B	39.6B	41.6B
Non Current Liabilities Total	10.3B	10.0B	10.0B	12.4B	16.7B	17.6B
Inventory	404.8M	453.9M	514.2M	651.8M	766M	479.7M
Other Current Assets	164.5M	119.4M	431.6M	274.3M	444.1M	232.7M
Other Stockholder Equity	(905.2M)	(872.1M)	(839.6M)	(776.8M)	(730.9M)	(694.4M)
Total Liab	12.7B	12.8B	13.5B	16.3B	20.9B	21.9B
Total Current Assets	8.7B	8.4B	6.3B	5.2B	6.4B	6.7B
Accumulated Other Comprehensive Income	(2.1B)	(1.5B)	(2.8B)	(2.4B)	(2.0B)	(2.1B)
Short Term Debt	548.4M	565.5M	649M	969.2M	694.9M	568.4M
Intangible Assets	435.8M	420.7M	347.5M	334.6M	311.6M	381.1M
Accounts Payable	546.2M	736.8M	1.1B	1.2B	1.5B	824.5M
Current Deferred Revenue	313.8M	366.8M	439.1M	413M	371.7M	390.3M
Good Will	891.5M	911.5M	823M	861.7M	905.1M	801.5M
Short Term Investments	1.1B	1.3B	590.7M	332.2M	5M	4.8M
Other Assets	1.6B	1.4B	1.0	2.2B	2.0B	1.2B
Other Liab	2.5B	2.3B	2.3B	2.3B	2.1B	1.9B
Net Tangible Assets	10.8B	12.2B	12.0B	13.1B	15.1B	12.0B
Long Term Debt	3.4B	3.2B	7.4B	7.2B	8.2B	5.4B
Capital Surpluse	1.0B	1.1B	1.1B	1.1B	1.3B	1.2B
Treasury Stock	(2.1B)	(2.0B)	(2B)	(2.0B)	(2.3B)	(2.4B)
Property Plant Equipment	12.3B	13.8B	14.9B	18.4B	21.2B	13.9B

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Air Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Air Net Receivables vs Common Stock Shares Outstanding Analysis

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Receivables

Common Stock Shares Outstanding

Air Products fundamental ratios Correlations

Air Products Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Air Products fundamental ratios Accounts

Also Currently Popular

Additional Tools for Air Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.99	Non Current Liabilities Total

Intangible Assets	- 0.87	Other Stockholder Equity
Common Stock	- 0.8	Other Stockholder Equity
Other Stockholder Equity	- 0.76	Net Receivables
Good Will	- 0.68	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.62	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.62	Total Current Liabilities