Leonardo Capex To Depreciation vs Pb Ratio Analysis

DRS Stock   35.09  0.83  2.42%   
Leonardo DRS, financial indicator trend analysis is infinitely more than just investigating Leonardo DRS, Common recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leonardo DRS, Common is a good investment. Please check the relationship between Leonardo DRS, Capex To Depreciation and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leonardo DRS, Common Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Leonardo DRS,'s Capex To Depreciation and Pb Ratio is 0.14. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Leonardo DRS, Common, assuming nothing else is changed. The correlation between historical values of Leonardo DRS,'s Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Leonardo DRS, Common are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Leonardo DRS,'s Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from Leonardo DRS,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leonardo DRS, Common 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Leonardo DRS,'s Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 12.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit547M575M648M432.7M
Total Revenue2.9B2.7B2.8B2.2B

Leonardo DRS, fundamental ratios Correlations

0.990.98-0.970.920.480.781.00.910.630.640.990.961.00.981.00.710.970.830.990.58-0.860.69-0.860.830.85
0.990.96-0.980.920.50.741.00.880.560.580.980.961.00.990.990.650.990.790.990.52-0.830.69-0.810.780.8
0.980.96-0.920.890.420.830.970.920.710.720.990.940.970.920.990.780.920.880.960.67-0.90.7-0.920.890.92
-0.97-0.98-0.92-0.94-0.52-0.75-0.98-0.84-0.57-0.58-0.95-0.94-0.98-0.99-0.95-0.65-0.98-0.8-0.97-0.510.83-0.740.78-0.78-0.78
0.920.920.89-0.940.50.860.920.870.770.780.930.870.920.920.920.820.910.890.880.61-0.80.63-0.770.840.83
0.480.50.42-0.520.50.330.50.620.210.220.460.440.490.530.470.280.510.360.470.05-0.30.27-0.280.290.28
0.780.740.83-0.750.860.330.760.810.920.930.790.720.750.690.80.960.70.990.720.9-0.870.68-0.90.960.93
1.01.00.97-0.980.920.50.760.890.60.610.990.961.00.990.990.680.980.810.990.54-0.840.69-0.830.80.82
0.910.880.92-0.840.870.620.810.890.710.720.920.860.890.850.920.780.850.840.870.56-0.80.58-0.830.820.86
0.630.560.71-0.570.770.210.920.60.711.00.680.560.590.520.660.990.50.920.530.84-0.770.53-0.770.890.86
0.640.580.72-0.580.780.220.930.610.721.00.690.570.60.530.670.990.520.930.550.84-0.780.54-0.780.90.86
0.990.980.99-0.950.930.460.790.990.920.680.690.960.980.960.990.750.950.850.970.58-0.870.67-0.860.840.88
0.960.960.94-0.940.870.440.720.960.860.560.570.960.960.940.950.640.970.770.980.49-0.850.65-0.810.80.85
1.01.00.97-0.980.920.490.751.00.890.590.60.980.960.990.990.670.980.810.990.54-0.850.7-0.840.80.82
0.980.990.92-0.990.920.530.690.990.850.520.530.960.940.990.970.60.990.750.980.45-0.770.64-0.750.720.74
1.00.990.99-0.950.920.470.80.990.920.660.670.990.950.990.970.740.960.850.980.61-0.860.68-0.880.840.87
0.710.650.78-0.650.820.280.960.680.780.990.990.750.640.670.60.740.590.970.630.87-0.840.63-0.850.940.91
0.970.990.92-0.980.910.510.70.980.850.50.520.950.970.980.990.960.590.740.980.44-0.760.6-0.750.730.77
0.830.790.88-0.80.890.360.990.810.840.920.930.850.770.810.750.850.970.740.780.88-0.910.74-0.930.980.94
0.990.990.96-0.970.880.470.720.990.870.530.550.970.980.990.980.980.630.980.780.52-0.850.7-0.840.790.82
0.580.520.67-0.510.610.050.90.540.560.840.840.580.490.540.450.610.870.440.880.52-0.780.68-0.870.870.82
-0.86-0.83-0.90.83-0.8-0.3-0.87-0.84-0.8-0.77-0.78-0.87-0.85-0.85-0.77-0.86-0.84-0.76-0.91-0.85-0.78-0.890.95-0.96-0.93
0.690.690.7-0.740.630.270.680.690.580.530.540.670.650.70.640.680.630.60.740.70.68-0.89-0.80.790.69
-0.86-0.81-0.920.78-0.77-0.28-0.9-0.83-0.83-0.77-0.78-0.86-0.81-0.84-0.75-0.88-0.85-0.75-0.93-0.84-0.870.95-0.8-0.96-0.96
0.830.780.89-0.780.840.290.960.80.820.890.90.840.80.80.720.840.940.730.980.790.87-0.960.79-0.960.98
0.850.80.92-0.780.830.280.930.820.860.860.860.880.850.820.740.870.910.770.940.820.82-0.930.69-0.960.98
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Leonardo DRS, Account Relationship Matchups

Leonardo DRS, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.0B3.1B3.7B3.9B2.3B
Total Current Liabilities1.0B975M989M1.0B1.1B702.4M
Total Stockholder Equity1.0B1.4B1.6B2.1B2.3B1.2B
Retained Earnings(3.2B)(3.1B)(3.0B)(3.0B)(2.8B)(2.9B)
Other Assets163M108M82M158M181.7M190.8M
Cash And Short Term Investments85M61M240M306M467M490.4M
Net Receivables902M889M899M1.0B1.1B661.9M
Liabilities And Stockholders Equity2.9B3.0B3.1B3.7B3.9B2.3B
Capital Surpluse121.2M144.9M203.9M5.1B5.9B6.2B
Inventory209M247M205M319M329M183.6M
Other Current Assets36M66M45M44M63M35.9M
Other Stockholder Equity4.3B4.6B4.6B5.1B5.2B3.3B
Total Liab1.9B1.5B1.5B1.6B1.6B1.1B
Total Current Assets1.3B1.3B1.4B1.7B1.9B1.0B
Cash And Equivalents13.8M36.3M78.7M306M351.9M369.5M
Short Term Debt77M75M65M54M80M48.3M
Property Plant Equipment348M443M448M404M464.6M259.9M

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Additional Tools for Leonardo Stock Analysis

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