BDX Stock | | | USD 221.98 2.27 1.01% |
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Net Receivables and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Becton Dickinson Net Receivables account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Becton Dickinson's Net Receivables and Total Assets is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Net Receivables and Total Assets 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 Becton Dickinson and are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Becton Dickinson's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Total Assets
Total assets refers to the total amount of Becton Dickinson 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 Becton Dickinson 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.
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson 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 Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Becton Dickinson's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 172.7
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (39.3
M).
Becton Dickinson fundamental ratios Correlations
Click cells to compare fundamentals
Becton Dickinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becton Dickinson fundamental ratios Accounts
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