Becton Net Tangible Assets vs Long Term Debt Analysis

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 Tangible Assets and its Long Term Debt 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 Tangible Assets vs Long Term Debt

Net Tangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Becton Dickinson's Net Tangible Assets and Long Term Debt is -0.83. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt 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 Tangible Assets and Long Term Debt 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 Tangible Assets of Becton Dickinson and are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., Becton Dickinson's Net Tangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Debt

Long-term debt is a debt that Becton Dickinson has held for over one year. Long-term debt appears on Becton Dickinson and balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Becton Dickinson and balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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).

	2021	2022	2023	2024 (projected)
Gross Profit	8.5B	8.2B	9.2B	9.6B
Total Revenue	18.9B	19.4B	20.2B	21.2B

Gross Profit Total Revenue

Becton Dickinson 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity
Total Assets		0.95	0.85	0.94	0.98	0.94	0.93	0.76	0.04	0.99	0.32	-0.01	0.95	0.39	0.96	0.92	0.63	0.86	0.98	0.79	0.55	0.7	0.96	0.92	0.54	0.74
Short Long Term Debt Total	0.95		0.75	0.87	0.87	0.86	0.89	0.73	0.22	0.91	0.35	0.17	0.9	0.25	0.99	0.83	0.43	0.76	0.99	0.65	0.67	0.69	0.92	0.79	0.54	0.64
Other Current Liab	0.85	0.75		0.86	0.89	0.83	0.77	0.7	-0.05	0.84	0.48	-0.08	0.89	0.37	0.73	0.89	0.6	0.96	0.79	0.87	0.46	0.62	0.75	0.9	0.34	0.86
Total Current Liabilities	0.94	0.87	0.86		0.93	0.92	0.93	0.83	-0.15	0.94	0.27	-0.18	0.95	0.28	0.85	0.97	0.67	0.88	0.91	0.88	0.43	0.84	0.89	0.93	0.51	0.79
Total Stockholder Equity	0.98	0.87	0.89	0.93		0.94	0.89	0.74	-0.04	0.98	0.3	-0.09	0.93	0.46	0.89	0.94	0.72	0.89	0.92	0.85	0.48	0.66	0.91	0.96	0.48	0.79
Property Plant And Equipment Net	0.94	0.86	0.83	0.92	0.94		0.84	0.91	0.02	0.91	0.36	0.0	0.97	0.18	0.86	0.97	0.62	0.79	0.9	0.86	0.58	0.62	0.83	0.89	0.7	0.74
Net Debt	0.93	0.89	0.77	0.93	0.89	0.84		0.68	-0.24	0.96	0.29	-0.29	0.89	0.36	0.9	0.86	0.57	0.81	0.93	0.69	0.28	0.83	0.98	0.83	0.46	0.64
Retained Earnings	0.76	0.73	0.7	0.83	0.74	0.91	0.68		0.1	0.71	0.28	0.1	0.89	-0.19	0.7	0.9	0.49	0.62	0.75	0.79	0.63	0.6	0.63	0.72	0.8	0.64
Cash	0.04	0.22	-0.05	-0.15	-0.04	0.02	-0.24	0.1		-0.13	0.1	1.0	-0.02	-0.23	0.18	-0.08	-0.31	-0.12	0.11	-0.11	0.81	-0.32	-0.12	-0.09	0.19	-0.02
Non Current Assets Total	0.99	0.91	0.84	0.94	0.98	0.91	0.96	0.71	-0.13		0.29	-0.18	0.92	0.45	0.93	0.91	0.67	0.86	0.96	0.78	0.4	0.73	0.98	0.92	0.48	0.72
Non Currrent Assets Other	0.32	0.35	0.48	0.27	0.3	0.36	0.29	0.28	0.1	0.29		0.1	0.44	0.02	0.33	0.34	-0.26	0.46	0.33	0.32	0.29	0.03	0.27	0.31	0.11	0.42
Cash And Short Term Investments	-0.01	0.17	-0.08	-0.18	-0.09	0.0	-0.29	0.1	1.0	-0.18	0.1		-0.04	-0.28	0.13	-0.11	-0.33	-0.16	0.06	-0.13	0.8	-0.35	-0.17	-0.13	0.2	-0.03
Net Receivables	0.95	0.9	0.89	0.95	0.93	0.97	0.89	0.89	-0.02	0.92	0.44	-0.04		0.17	0.88	0.97	0.55	0.86	0.93	0.85	0.56	0.71	0.87	0.9	0.62	0.79
Common Stock Shares Outstanding	0.39	0.25	0.37	0.28	0.46	0.18	0.36	-0.19	-0.23	0.45	0.02	-0.28	0.17		0.3	0.22	0.41	0.5	0.31	0.3	-0.15	0.17	0.43	0.48	-0.27	0.47
Non Current Liabilities Total	0.96	0.99	0.73	0.85	0.89	0.86	0.9	0.7	0.18	0.93	0.33	0.13	0.88	0.3		0.81	0.46	0.74	0.99	0.62	0.62	0.63	0.95	0.79	0.56	0.61
Inventory	0.92	0.83	0.89	0.97	0.94	0.97	0.86	0.9	-0.08	0.91	0.34	-0.11	0.97	0.22	0.81		0.66	0.87	0.88	0.92	0.5	0.73	0.82	0.94	0.58	0.82
Other Current Assets	0.63	0.43	0.6	0.67	0.72	0.62	0.57	0.49	-0.31	0.67	-0.26	-0.33	0.55	0.41	0.46	0.66		0.56	0.53	0.66	0.1	0.59	0.59	0.69	0.35	0.51
Other Stockholder Equity	0.86	0.76	0.96	0.88	0.89	0.79	0.81	0.62	-0.12	0.86	0.46	-0.16	0.86	0.5	0.74	0.87	0.56		0.8	0.85	0.38	0.68	0.79	0.93	0.2	0.88
Total Liab	0.98	0.99	0.79	0.91	0.92	0.9	0.93	0.75	0.11	0.96	0.33	0.06	0.93	0.31	0.99	0.88	0.53	0.8		0.7	0.59	0.7	0.96	0.85	0.56	0.67
Property Plant And Equipment Gross	0.79	0.65	0.87	0.88	0.85	0.86	0.69	0.79	-0.11	0.78	0.32	-0.13	0.85	0.3	0.62	0.92	0.66	0.85	0.7		0.43	0.59	0.63	0.94	0.41	0.84
Total Current Assets	0.55	0.67	0.46	0.43	0.48	0.58	0.28	0.63	0.81	0.4	0.29	0.8	0.56	-0.15	0.62	0.5	0.1	0.38	0.59	0.43		0.16	0.36	0.44	0.52	0.43
Short Term Debt	0.7	0.69	0.62	0.84	0.66	0.62	0.83	0.6	-0.32	0.73	0.03	-0.35	0.71	0.17	0.63	0.73	0.59	0.68	0.7	0.59	0.16		0.75	0.65	0.32	0.54
Intangible Assets	0.96	0.92	0.75	0.89	0.91	0.83	0.98	0.63	-0.12	0.98	0.27	-0.17	0.87	0.43	0.95	0.82	0.59	0.79	0.96	0.63	0.36	0.75		0.82	0.46	0.61
Accounts Payable	0.92	0.79	0.9	0.93	0.96	0.89	0.83	0.72	-0.09	0.92	0.31	-0.13	0.9	0.48	0.79	0.94	0.69	0.93	0.85	0.94	0.44	0.65	0.82		0.37	0.85
Common Stock	0.54	0.54	0.34	0.51	0.48	0.7	0.46	0.8	0.19	0.48	0.11	0.2	0.62	-0.27	0.56	0.58	0.35	0.2	0.56	0.41	0.52	0.32	0.46	0.37		0.38
Common Stock Total Equity	0.74	0.64	0.86	0.79	0.79	0.74	0.64	0.64	-0.02	0.72	0.42	-0.03	0.79	0.47	0.61	0.82	0.51	0.88	0.67	0.84	0.43	0.54	0.61	0.85	0.38

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Becton Dickinson Account Relationship Matchups

Becton Dickinson fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	54.0B	53.9B	52.9B	52.8B	57.3B	60.2B
Short Long Term Debt Total	17.9B	17.6B	16.1B	15.9B	20.1B	21.1B
Other Current Liab	3.6B	4.2B	3.8B	3.7B	6.8B	7.1B
Total Current Liabilities	5.8B	6.6B	7.8B	6.6B	8.9B	9.4B
Total Stockholder Equity	23.8B	23.7B	25.3B	25.8B	25.9B	27.2B
Property Plant And Equipment Net	5.9B	6.4B	6.0B	7.1B	6.8B	7.2B
Net Debt	15.1B	15.3B	15.1B	14.5B	18.3B	19.2B
Retained Earnings	12.8B	13.8B	15.2B	15.5B	17.9B	18.8B
Cash	2.8B	2.3B	1.0B	1.4B	1.9B	1.2B
Non Current Assets Total	45.0B	45.0B	44.8B	44.1B	46.8B	49.2B
Non Currrent Assets Other	1.7B	2.0B	(3.4B)	1.6B	2.6B	2.7B
Cash And Short Term Investments	2.8B	2.3B	1.0B	1.4B	2.3B	1.4B
Net Receivables	2.4B	2.4B	2.2B	2.5B	3.0B	3.2B
Common Stock Shares Outstanding	282.4M	292.1M	287.4M	288.4M	291.0M	215.4M
Liabilities And Stockholders Equity	54.0B	53.9B	52.9B	52.8B	57.3B	60.2B
Non Current Liabilities Total	24.4B	23.6B	19.8B	20.3B	22.4B	23.5B
Inventory	2.7B	2.9B	3.2B	3.3B	3.8B	4.0B
Other Current Assets	983M	1.5B	3.3B	1.4B	1.3B	1.4B
Other Stockholder Equity	13.1B	11.6B	11.2B	11.4B	25.9B	27.2B
Total Liab	30.2B	30.2B	27.6B	27.0B	31.4B	32.9B
Property Plant And Equipment Gross	5.9B	12.9B	12.4B	13.6B	15.6B	16.4B
Total Current Assets	9.0B	8.8B	8.1B	8.7B	10.5B	11.0B
Accumulated Other Comprehensive Income	(2.5B)	(2.1B)	(1.5B)	(1.5B)	(1.4B)	(1.4B)
Short Term Debt	706M	500M	2.2B	1.1B	2.2B	2.3B
Intangible Assets	13.8B	12.8B	12.3B	10.9B	12.6B	13.2B
Accounts Payable	1.4B	1.7B	1.7B	1.6B	1.9B	2.0B
Short Term Investments	30M	20M	12M	8M	445M	229.6M
Other Liab	6.9B	6.5B	5.9B	5.2B	6.0B	6.3B
Long Term Debt	17.2B	17.1B	13.9B	14.7B	16.9B	17.8B
Good Will	23.6B	23.9B	24.6B	24.5B	28.2B	29.6B
Treasury Stock	(6.2B)	(6.1B)	(7.7B)	(8.3B)	(7.5B)	(7.9B)
Property Plant Equipment	5.9B	6.4B	6.0B	6.6B	7.5B	4.0B
Current Deferred Revenue	(1.1B)	(1.4B)	(1.8B)	(1.6B)	(1.5B)	(1.4B)
Net Tangible Assets	(13.7B)	(13.0B)	(11.6B)	(9.7B)	(8.7B)	(9.1B)
Long Term Debt Total	17.2B	17.1B	13.9B	14.7B	16.9B	13.8B

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Becton Net Tangible Assets vs Long Term Debt Analysis

Net Tangible Assets vs Long Term Debt

Net Tangible Assets vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Long Term Debt

Becton Dickinson fundamental ratios Correlations

Becton Dickinson Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Becton Dickinson fundamental ratios Accounts

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Additional Tools for Becton Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets

Short Term Debt	- 0.35	Cash And Short Term Investments
Other Current Assets	- 0.33	Cash And Short Term Investments
Short Term Debt	- 0.32	Cash
Other Current Assets	- 0.31	Cash
Cash And Short Term Investments	- 0.29	Net Debt
Common Stock Shares Outstanding	- 0.28	Cash And Short Term Investments