Eaton Cash Conversion Cycle vs Free Cash Flow Per Share Analysis

ETN Stock

USD 334.63 5.53 1.63%

Eaton PLC financial indicator trend analysis is much more than just examining Eaton PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eaton PLC is a good investment. Please check the relationship between Eaton PLC Cash Conversion Cycle and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton 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 estimate.

To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

Cash Conversion Cycle vs Free Cash Flow Per Share

Cash Conversion Cycle vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eaton PLC Cash Conversion Cycle account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Eaton PLC's Cash Conversion Cycle and Free Cash Flow Per Share is -0.36. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Eaton PLC, assuming nothing else is changed. The correlation between historical values of Eaton PLC's Cash Conversion Cycle and Free Cash Flow Per Share 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 Conversion Cycle of Eaton PLC are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Cash Conversion Cycle i.e., Eaton PLC's Cash Conversion Cycle and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Conversion Cycle

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Eaton PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eaton 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton 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 estimate.

To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of December 2024, Enterprise Value Over EBITDA is likely to grow to 22.31, while Selling General Administrative is likely to drop about 3.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	6.3B	6.9B	23.2B	24.4B
Total Revenue	19.6B	20.8B	23.2B	12.9B

Gross Profit Total Revenue

Eaton PLC 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	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Other Liab
Total Assets		0.98	0.8	0.9	0.98	0.84	0.98	0.87	-0.07	0.99	0.64	0.42	0.92	0.12	0.76	0.87	0.24	0.96	0.98	0.89	0.45	0.74	0.83	0.42	-0.56	0.79
Short Long Term Debt Total	0.98		0.75	0.85	0.93	0.84	1.0	0.78	0.0	0.99	0.62	0.37	0.86	0.12	0.81	0.79	0.25	0.93	0.99	0.82	0.49	0.8	0.75	0.35	-0.6	0.8
Other Current Liab	0.8	0.75		0.94	0.8	0.51	0.77	0.82	-0.33	0.73	0.31	0.59	0.79	-0.2	0.36	0.89	0.28	0.75	0.78	0.91	0.32	0.29	0.94	0.67	-0.42	0.47
Total Current Liabilities	0.9	0.85	0.94		0.9	0.65	0.86	0.9	-0.29	0.85	0.45	0.52	0.88	-0.11	0.49	0.93	0.17	0.85	0.87	0.91	0.52	0.47	0.95	0.59	-0.42	0.62
Total Stockholder Equity	0.98	0.93	0.8	0.9		0.81	0.94	0.93	-0.12	0.96	0.65	0.41	0.95	0.21	0.67	0.9	0.19	0.97	0.92	0.89	0.41	0.68	0.85	0.42	-0.61	0.73
Property Plant And Equipment Net	0.84	0.84	0.51	0.65	0.81		0.84	0.67	0.07	0.87	0.72	0.09	0.71	0.24	0.93	0.63	0.31	0.84	0.84	0.64	0.49	0.86	0.56	0.08	-0.41	0.89
Net Debt	0.98	1.0	0.77	0.86	0.94	0.84		0.79	-0.07	0.99	0.64	0.34	0.86	0.1	0.81	0.81	0.25	0.94	0.99	0.82	0.49	0.79	0.76	0.34	-0.6	0.8
Retained Earnings	0.87	0.78	0.82	0.9	0.93	0.67	0.79		-0.31	0.82	0.54	0.49	0.96	0.1	0.43	0.95	0.08	0.86	0.79	0.91	0.28	0.41	0.91	0.56	-0.43	0.58
Cash	-0.07	0.0	-0.33	-0.29	-0.12	0.07	-0.07	-0.31		-0.05	-0.12	0.18	-0.16	0.42	0.25	-0.35	0.05	-0.15	-0.02	-0.12	0.02	0.31	-0.36	-0.07	-0.08	0.06
Non Current Assets Total	0.99	0.99	0.73	0.85	0.96	0.87	0.99	0.82	-0.05		0.67	0.3	0.88	0.17	0.81	0.82	0.2	0.96	0.98	0.81	0.5	0.82	0.77	0.3	-0.58	0.82
Non Currrent Assets Other	0.64	0.62	0.31	0.45	0.65	0.72	0.64	0.54	-0.12	0.67		-0.07	0.56	0.02	0.68	0.52	0.23	0.67	0.61	0.46	0.25	0.61	0.42	-0.05	-0.46	0.56
Cash And Short Term Investments	0.42	0.37	0.59	0.52	0.41	0.09	0.34	0.49	0.18	0.3	-0.07		0.54	-0.21	0.02	0.5	-0.02	0.23	0.41	0.7	-0.02	-0.04	0.55	0.97	-0.05	0.13
Net Receivables	0.92	0.86	0.79	0.88	0.95	0.71	0.86	0.96	-0.16	0.88	0.56	0.54		0.11	0.55	0.94	-0.02	0.87	0.87	0.91	0.28	0.55	0.89	0.57	-0.45	0.62
Common Stock Shares Outstanding	0.12	0.12	-0.2	-0.11	0.21	0.24	0.1	0.1	0.42	0.17	0.02	-0.21	0.11		0.2	-0.05	-0.05	0.27	0.02	-0.06	0.09	0.38	-0.16	-0.33	-0.5	0.16
Non Current Liabilities Total	0.76	0.81	0.36	0.49	0.67	0.93	0.81	0.43	0.25	0.81	0.68	0.02	0.55	0.2		0.43	0.34	0.72	0.81	0.48	0.45	0.94	0.37	-0.05	-0.41	0.86
Inventory	0.87	0.79	0.89	0.93	0.9	0.63	0.81	0.95	-0.35	0.82	0.52	0.5	0.94	-0.05	0.43		0.02	0.82	0.81	0.9	0.25	0.41	0.98	0.58	-0.42	0.49
Other Current Assets	0.24	0.25	0.28	0.17	0.19	0.31	0.25	0.08	0.05	0.2	0.23	-0.02	-0.02	-0.05	0.34	0.02		0.3	0.27	0.3	0.13	0.11	0.05	-0.03	-0.16	0.46
Other Stockholder Equity	0.96	0.93	0.75	0.85	0.97	0.84	0.94	0.86	-0.15	0.96	0.67	0.23	0.87	0.27	0.72	0.82	0.3		0.91	0.81	0.5	0.73	0.76	0.25	-0.67	0.78
Total Liab	0.98	0.99	0.78	0.87	0.92	0.84	0.99	0.79	-0.02	0.98	0.61	0.41	0.87	0.02	0.81	0.81	0.27	0.91		0.85	0.47	0.77	0.78	0.4	-0.49	0.83
Total Current Assets	0.89	0.82	0.91	0.91	0.89	0.64	0.82	0.91	-0.12	0.81	0.46	0.7	0.91	-0.06	0.48	0.9	0.3	0.81	0.85		0.23	0.39	0.9	0.73	-0.4	0.61
Short Term Debt	0.45	0.49	0.32	0.52	0.41	0.49	0.49	0.28	0.02	0.5	0.25	-0.02	0.28	0.09	0.45	0.25	0.13	0.5	0.47	0.23		0.53	0.27	-0.03	-0.32	0.56
Intangible Assets	0.74	0.8	0.29	0.47	0.68	0.86	0.79	0.41	0.31	0.82	0.61	-0.04	0.55	0.38	0.94	0.41	0.11	0.73	0.77	0.39	0.53		0.34	-0.12	-0.52	0.78
Accounts Payable	0.83	0.75	0.94	0.95	0.85	0.56	0.76	0.91	-0.36	0.77	0.42	0.55	0.89	-0.16	0.37	0.98	0.05	0.76	0.78	0.9	0.27	0.34		0.64	-0.36	0.44
Short Term Investments	0.42	0.35	0.67	0.59	0.42	0.08	0.34	0.56	-0.07	0.3	-0.05	0.97	0.57	-0.33	-0.05	0.58	-0.03	0.25	0.4	0.73	-0.03	-0.12	0.64		-0.02	0.1
Common Stock	-0.56	-0.6	-0.42	-0.42	-0.61	-0.41	-0.6	-0.43	-0.08	-0.58	-0.46	-0.05	-0.45	-0.5	-0.41	-0.42	-0.16	-0.67	-0.49	-0.4	-0.32	-0.52	-0.36	-0.02		-0.24
Other Liab	0.79	0.8	0.47	0.62	0.73	0.89	0.8	0.58	0.06	0.82	0.56	0.13	0.62	0.16	0.86	0.49	0.46	0.78	0.83	0.61	0.56	0.78	0.44	0.1	-0.24

Click cells to compare fundamentals

Eaton PLC Account Relationship Matchups

Eaton PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.8B	31.8B	34.0B	35.0B	38.4B	40.4B
Short Long Term Debt Total	8.7B	8.4B	8.9B	9.1B	9.8B	10.3B
Other Current Liab	2.1B	2.8B	2.7B	3.0B	3.4B	3.5B
Total Current Liabilities	5.1B	5.9B	7.2B	6.4B	7.7B	8.1B
Total Stockholder Equity	16.1B	14.9B	16.4B	17.0B	19.0B	20.0B
Property Plant And Equipment Net	3.9B	3.4B	3.5B	3.7B	4.2B	2.6B
Net Debt	8.3B	7.9B	8.6B	8.8B	9.3B	9.8B
Retained Earnings	8.2B	6.8B	7.6B	8.5B	10.3B	10.8B
Cash	370M	438M	297M	294M	488M	262.2M
Non Current Assets Total	24.1B	22.6B	26.5B	26.3B	26.8B	28.1B
Cash And Short Term Investments	591M	1.1B	568M	555M	2.6B	2.7B
Net Receivables	3.4B	2.9B	3.3B	4.1B	4.8B	5.0B
Common Stock Shares Outstanding	420.8M	404M	401.6M	400.8M	401.1M	382.9M
Liabilities And Stockholders Equity	32.8B	31.8B	34.0B	35.0B	38.4B	40.4B
Non Current Liabilities Total	11.5B	10.9B	10.4B	11.6B	11.6B	6.2B
Inventory	2.8B	2.1B	3.0B	3.4B	3.7B	3.9B
Other Current Assets	1.9B	3.1B	677M	685M	563M	522.2M
Other Stockholder Equity	12.2B	12.3B	12.4B	12.5B	12.6B	13.3B
Total Liab	16.7B	16.9B	17.6B	18.0B	19.4B	20.3B
Total Current Assets	8.7B	9.2B	7.5B	8.8B	11.7B	12.3B
Short Term Debt	503M	1.0B	1.7B	334M	1.0B	518.7M
Intangible Assets	4.6B	4.2B	5.9B	5.5B	5.1B	3.0B
Accounts Payable	2.1B	2.0B	2.8B	3.1B	3.4B	3.5B
Short Term Investments	221M	664M	271M	261M	2.1B	2.2B
Accumulated Other Comprehensive Income	(4.3B)	(4.2B)	(3.6B)	(3.9B)	(3.9B)	(3.7B)
Other Liab	3.3B	3.6B	3.2B	2.8B	3.2B	2.8B
Other Assets	2.0B	2.2B	2.4B	2M	2.3M	2.2M
Long Term Debt	7.8B	7.0B	6.8B	8.3B	8.2B	5.6B
Good Will	13.5B	12.9B	14.8B	14.8B	15.0B	9.6B
Property Plant Equipment	3.5B	3.0B	3.5B	3.7B	4.3B	3.1B
Current Deferred Revenue	449M	351M	501M	330M	(1.3B)	(1.2B)
Property Plant And Equipment Gross	3.9B	3.4B	7.8B	8.0B	9.4B	9.9B
Net Tangible Assets	(2.0B)	(2.1B)	(4.2B)	(3.2B)	(3.7B)	(3.9B)
Noncontrolling Interest In Consolidated Entity	35M	51M	43M	38M	34.2M	36.2M
Retained Earnings Total Equity	8.2B	6.8B	7.6B	8.5B	9.7B	8.2B
Long Term Debt Total	7.8B	7.0B	6.8B	8.3B	7.5B	6.2B

Pair Trading with Eaton PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eaton Stock

0.9	CR	Crane Company	Pair Corr
0.86	HI	Hillenbrand	Pair Corr
0.77	IR	Ingersoll Rand	Pair Corr

Moving against Eaton Stock

0.52	AOS	Smith AO	Pair Corr
0.48	MKDWW	MKDWELL Tech Warrants	Pair Corr

The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton PLC to buy it.

The correlation of Eaton PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eaton PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:

How To Invest In Eaton

Details

Is Eaton Stock a good investment?

Details

What is Eaton PLC's Net Worth?

Details

Largest Electrical Components & Equipment Companies

View

Largest Specialty Industrial Machinery Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton 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 estimate.

To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.14

Dividend Share

3.68

Earnings Share

9.4

Revenue Per Share

61.686

Quarterly Revenue Growth

0.079

The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Eaton Cash Conversion Cycle vs Free Cash Flow Per Share Analysis

Cash Conversion Cycle vs Free Cash Flow Per Share

Cash Conversion Cycle vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Cash Conversion Cycle

Free Cash Flow Per Share

Eaton PLC fundamental ratios Correlations

Eaton PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eaton PLC fundamental ratios Accounts

Pair Trading with Eaton PLC

Moving together with Eaton Stock

Moving against Eaton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Net Debt

Common Stock	- 0.67	Other Stockholder Equity
Common Stock	- 0.61	Total Stockholder Equity
Common Stock	- 0.6	Net Debt
Common Stock	- 0.6	Short Long Term Debt Total
Common Stock	- 0.58	Non Current Assets Total
Common Stock	- 0.56	Total Assets