Bodycote Inventory vs Total Liab Analysis

BOY Stock   628.00  1.00  0.16%   
Bodycote PLC financial indicator trend analysis is way more than just evaluating Bodycote PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bodycote PLC is a good investment. Please check the relationship between Bodycote PLC Inventory and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bodycote PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Inventory vs Total Liab

Inventory vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bodycote PLC Inventory account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bodycote PLC's Inventory and Total Liab is 0.57. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab in the same time period over historical financial statements of Bodycote PLC, assuming nothing else is changed. The correlation between historical values of Bodycote PLC's Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Bodycote PLC are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., Bodycote PLC's Inventory and Total Liab go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Bodycote PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bodycote PLC 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 Bodycote PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 25, 2024, Selling General Administrative is expected to decline to about 100.7 M. In addition to that, Tax Provision is expected to decline to about 16.4 M
 2021 2022 2023 2024 (projected)
Interest Expense6.5M7M7.9M5.9M
Depreciation And Amortization83.7M84.3M82.1M43.0M

Bodycote PLC fundamental ratios Correlations

0.560.620.910.990.980.470.750.50.570.99-0.20.570.890.880.630.640.40.330.940.340.950.510.890.520.7
0.56-0.010.670.460.490.970.670.230.570.61-0.060.570.240.240.650.340.17-0.10.710.450.480.880.240.860.29
0.62-0.010.590.610.67-0.080.310.20.220.620.060.220.760.740.30.310.250.540.60.230.54-0.030.76-0.110.43
0.910.670.590.850.860.620.620.520.470.93-0.250.470.780.780.570.610.240.30.960.250.790.730.780.680.55
0.990.460.610.850.970.360.730.470.560.97-0.210.560.890.870.570.650.420.320.870.30.960.410.890.440.73
0.980.490.670.860.970.410.70.510.50.98-0.170.50.90.90.650.510.390.390.920.280.910.40.90.430.69
0.470.97-0.080.620.360.410.520.180.350.53-0.020.350.150.150.550.250.06-0.170.640.320.330.890.150.870.23
0.750.670.310.620.730.70.520.230.850.72-0.010.850.560.560.660.530.690.110.730.750.830.430.570.510.63
0.50.230.20.520.470.510.180.230.260.49-0.290.260.570.630.310.2-0.150.390.52-0.080.440.370.570.220.26
0.570.570.220.470.560.50.350.850.260.54-0.151.00.420.420.650.480.470.20.550.680.720.380.430.360.33
0.990.610.620.930.970.980.530.720.490.54-0.190.540.870.860.640.610.350.320.960.320.910.560.870.570.68
-0.2-0.060.06-0.25-0.21-0.17-0.02-0.01-0.29-0.15-0.19-0.15-0.16-0.2-0.09-0.14-0.120.14-0.190.37-0.21-0.17-0.15-0.330.1
0.570.570.220.470.560.50.350.850.261.00.54-0.150.420.420.650.480.470.20.550.680.720.380.430.360.33
0.890.240.760.780.890.90.150.560.570.420.87-0.160.420.990.550.660.280.540.820.310.860.251.00.170.57
0.880.240.740.780.870.90.150.560.630.420.86-0.20.420.990.570.580.330.560.830.260.850.240.990.190.56
0.630.650.30.570.570.650.550.660.310.650.64-0.090.650.550.570.360.30.290.70.470.620.430.560.450.17
0.640.340.310.610.650.510.250.530.20.480.61-0.140.480.660.580.360.210.170.570.470.730.450.660.30.32
0.40.170.250.240.420.390.060.69-0.150.470.35-0.120.470.280.330.30.21-0.130.340.440.52-0.120.290.230.56
0.33-0.10.540.30.320.39-0.170.110.390.20.320.140.20.540.560.290.17-0.130.320.120.34-0.010.54-0.190.06
0.940.710.60.960.870.920.640.730.520.550.96-0.190.550.820.830.70.570.340.320.380.840.660.820.640.58
0.340.450.230.250.30.280.320.75-0.080.680.320.370.680.310.260.470.470.440.120.380.450.210.330.120.27
0.950.480.540.790.960.910.330.830.440.720.91-0.210.720.860.850.620.730.520.340.840.450.390.860.410.68
0.510.88-0.030.730.410.40.890.430.370.380.56-0.170.380.250.240.430.45-0.12-0.010.660.210.390.250.860.18
0.890.240.760.780.890.90.150.570.570.430.87-0.150.431.00.990.560.660.290.540.820.330.860.250.170.57
0.520.86-0.110.680.440.430.870.510.220.360.57-0.330.360.170.190.450.30.23-0.190.640.120.410.860.170.3
0.70.290.430.550.730.690.230.630.260.330.680.10.330.570.560.170.320.560.060.580.270.680.180.570.3
Click cells to compare fundamentals

Bodycote PLC Account Relationship Matchups

Bodycote PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.1B1.2B1.1B693.4M
Short Long Term Debt Total80.5M128.8M156.2M136.6M96.9M106.0M
Other Current Liab68.9M137.9M53.9M61.5M113.9M68.6M
Total Current Liabilities177.1M294.4M263M261.1M225.1M144.1M
Total Stockholder Equity705M680.5M684.7M780.9M790.8M406.2M
Property Plant And Equipment Net607.8M591.6M546.9M575.9M563.4M374.6M
Net Debt58.5M98.1M116.9M99.4M51.7M56.5M
Retained Earnings331.8M306.7M319.4M359.8M404M424.2M
Accounts Payable31.3M28.3M70.5M30.8M20.8M29.7M
Cash22M30.7M39.3M37.2M45.2M49.5M
Non Current Assets Total831.7M923.7M872.7M923.6M900M520.7M
Non Currrent Assets Other(169.8M)(215.5M)(213.9M)(227.8M)111.2M116.8M
Cash And Short Term Investments22M30.7M39.3M37.2M45.2M49.5M
Common Stock Shares Outstanding190.7M190.4M190.9M191.4M190.9M168.0M
Liabilities And Stockholders Equity1.0B1.1B1.1B1.2B1.1B693.4M
Non Current Liabilities Total144.2M134.2M121.4M124.6M119.3M137.7M
Inventory14.8M15.8M19.3M27.8M29.5M16.3M
Other Current Assets48.4M46.6M9M46.2M34M56.5M
Other Stockholder Equity165.5M170.2M170.9M171.9M161.5M213.2M
Total Liab321.3M428.6M384.4M385.7M344.4M284.8M
Property Plant And Equipment Gross608.5M591.6M546.9M575.9M1.6B1.7B
Total Current Assets195.4M186.3M197.1M244.1M236.7M168.2M
Short Term Debt14.5M66.8M104.6M83.2M44.4M26.6M
Accumulated Other Comprehensive Income174.6M170.5M161.3M216.1M192.2M201.8M
Intangible Assets212.4M323.5M322M344.7M111.2M102.8M
Other Liab78.2M72.2M69.8M70.9M81.5M50.1M
Net Receivables149.4M93.2M100.1M132.9M128M119.8M
Good Will169.8M215.5M213.9M227.8M221.5M172.6M
Property Plant Equipment607.8M591.6M546.9M575.9M662.3M542.3M
Current Deferred Revenue31.2M30.7M34M42.8M46M48.3M
Other Assets7.3M4.5M1.03M2.7M2.6M
Treasury Stock(7.2M)(14.8M)(11.6M)(6.9M)(6.2M)(6.5M)
Net Tangible Assets492.6M357M362.7M436.2M501.6M465.1M
Short Long Term Debt1.1M53.2M91.7M70.9M32.6M26.8M

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.

Other Information on Investing in Bodycote Stock

Balance Sheet is a snapshot of the financial position of Bodycote PLC at a specified time, usually calculated after every quarter, six months, or one year. Bodycote PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bodycote PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bodycote currently owns. An asset can also be divided into two categories, current and non-current.