Dentsply Cash And Short Term Investments vs Accounts Payable Analysis

0I8F Stock   19.63  0.32  1.66%   
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 Cash And Short Term Investments and its Accounts Payable accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dentsply Sirona Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dentsply Sirona's Cash And Short Term Investments and Accounts Payable is 0.78. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable 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 Cash And Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Dentsply Sirona are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., Dentsply Sirona's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dentsply Sirona balance sheet. This account contains Dentsply Sirona investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dentsply Sirona fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents Dentsply Sirona obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dentsply Sirona are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.Tax Provision is likely to drop to about 21.6 M in 2024. Selling General Administrative is likely to drop to about 1.2 B in 2024
 2021 2022 2023 2024 (projected)
Total Revenue4.2B3.9B4.0B3.9B
Depreciation And Amortization346M328M343M284.3M

Dentsply Sirona fundamental ratios Correlations

0.030.440.970.780.57-0.350.780.81.00.52-0.340.780.860.940.930.210.890.720.40.940.80.850.990.770.49
0.030.62-0.110.22-0.32-0.390.31-0.130.0-0.650.45-0.20.15-0.070.09-0.41-0.030.170.460.090.370.080.070.210.43
0.440.620.210.810.52-0.840.780.430.380.120.220.370.660.190.61-0.060.620.630.690.60.880.630.480.810.95
0.97-0.110.210.630.46-0.140.640.740.980.51-0.410.730.760.980.840.230.780.620.260.860.630.750.950.610.27
0.780.220.810.630.77-0.810.970.830.730.56-0.210.790.940.540.940.240.930.860.750.920.960.950.820.960.82
0.57-0.320.520.460.77-0.580.640.740.550.89-0.320.760.680.390.70.480.860.620.380.690.70.740.590.790.67
-0.35-0.39-0.84-0.14-0.81-0.58-0.79-0.52-0.27-0.330.01-0.47-0.67-0.04-0.64-0.15-0.61-0.73-0.82-0.57-0.76-0.7-0.41-0.77-0.79
0.780.310.780.640.970.64-0.790.820.730.46-0.240.780.940.540.940.250.880.870.80.920.930.950.830.930.73
0.8-0.130.430.740.830.74-0.520.820.770.71-0.60.980.810.650.880.370.90.640.510.880.760.880.820.840.55
1.00.00.380.980.730.55-0.270.730.770.51-0.350.760.820.970.890.20.860.670.330.910.760.80.980.720.45
0.52-0.650.120.510.560.89-0.330.460.710.51-0.550.770.570.410.610.650.730.510.220.590.420.650.520.580.29
-0.340.450.22-0.41-0.21-0.320.01-0.24-0.6-0.35-0.55-0.63-0.31-0.35-0.36-0.51-0.38-0.02-0.07-0.33-0.1-0.35-0.35-0.190.12
0.78-0.20.370.730.790.76-0.470.780.980.760.77-0.630.780.640.860.510.890.640.490.850.710.870.790.810.49
0.860.150.660.760.940.68-0.670.940.810.820.57-0.310.780.670.960.310.910.860.710.940.880.970.890.880.63
0.94-0.070.190.980.540.39-0.040.540.650.970.41-0.350.640.670.750.130.720.480.110.780.60.640.90.540.27
0.930.090.610.840.940.7-0.640.940.880.890.61-0.360.860.960.750.30.950.870.670.990.890.980.950.910.63
0.21-0.41-0.060.230.240.48-0.150.250.370.20.65-0.510.510.310.130.30.380.270.20.260.140.390.230.23-0.02
0.89-0.030.620.780.930.86-0.610.880.90.860.73-0.380.890.910.720.950.380.780.540.950.90.940.90.920.72
0.720.170.630.620.860.62-0.730.870.640.670.51-0.020.640.860.480.870.270.780.810.860.780.910.760.840.56
0.40.460.690.260.750.38-0.820.80.510.330.22-0.070.490.710.110.670.20.540.810.640.660.760.460.740.53
0.940.090.60.860.920.69-0.570.920.880.910.59-0.330.850.940.780.990.260.950.860.640.890.960.960.90.62
0.80.370.880.630.960.7-0.760.930.760.760.42-0.10.710.880.60.890.140.90.780.660.890.870.830.950.89
0.850.080.630.750.950.74-0.70.950.880.80.65-0.350.870.970.640.980.390.940.910.760.960.870.880.930.63
0.990.070.480.950.820.59-0.410.830.820.980.52-0.350.790.890.90.950.230.90.760.460.960.830.880.790.52
0.770.210.810.610.960.79-0.770.930.840.720.58-0.190.810.880.540.910.230.920.840.740.90.950.930.790.84
0.490.430.950.270.820.67-0.790.730.550.450.290.120.490.630.270.63-0.020.720.560.530.620.890.630.520.84
Click cells to compare fundamentals

Dentsply Sirona Account Relationship Matchups

Dentsply Sirona fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.3B9.2B7.6B7.4B8.4B
Other Current Liab556.3M622M642M589M693M592.9M
Total Current Liabilities995.5M1.3B1.3B1.2B1.4B1.1B
Total Stockholder Equity5.1B5.0B5.0B3.8B3.3B4.7B
Property Plant And Equipment Net961.7M967M971M961M978M896.9M
Net Debt1.2B2.0B2.0B1.8B2.0B1.5B
Retained Earnings1.4B1.2B1.5B456M205M194.8M
Accounts Payable307.9M302M262M279M305M257.7M
Cash404.9M438M339M365M334M319.6M
Non Current Assets Total6.6B7.6B7.4B5.8B5.4B6.6B
Non Currrent Assets Other56.3M86M96M72M276M289.8M
Other Assets69M95M121M198M178.2M100.4M
Cash And Short Term Investments404.9M438M339M365M367M340.4M
Net Receivables782M667M750M632M695M673.9M
Good Will3.4B4.0B4.0B2.7B2.4B3.6B
Common Stock Shares Outstanding224.4M219.2M220.2M215.5M212M214.7M
Short Term Investments28.2M40M33M22M24M34.1M
Non Current Liabilities Total2.5B3.1B3.0B2.7B2.7B2.6B
Inventory561.7M466M515M627M624M559.3M
Other Current Assets249.4M251.3M178M245M287M225.3M
Other Stockholder Equity4.3B4.2B4.1B4.0B3.7B2.9B
Total Liab3.5B4.4B4.2B3.8B4.1B3.7B
Total Current Assets2.0B1.8B1.9B1.9B2.0B1.8B
Intangible Assets2.2B2.5B2.3B1.9B1.7B2.0B
Short Long Term Debt Total1.6B2.5B2.3B2.1B2.3B2.0B
Liabilities And Stockholders Equity8.6B9.3B9.2B7.6B7.4B8.7B
Accumulated Other Comprehensive Income(599.7M)(464M)(592M)(628M)(636M)(667.8M)
Short Term Debt46M347M232M172M378M258.1M
Current Deferred Revenue29.2M41M68M84M91M95.6M
Long Term Debt1.6B1.6B1.4B2.0B2.3B1.8B
Capital Surpluse6.5B6.5B6.6B6.6B7.6B7.2B
Treasury Stock(2.0B)(2.2B)(2.3B)(2.4B)(2.2B)(2.3B)
Property Plant Equipment870.6M961M967M966M1.1B1.0B
Other Liab949M947M924M661M594.9M751.6M
Net Tangible Assets(480M)(1.5B)(1.3B)(780M)(702M)(737.1M)

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.

Additional Tools for Dentsply Stock Analysis

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.