FTV Stock | | | USD 78.96 0.72 0.90% |
Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Long Term Investments and its Long Term Debt Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Long Term Investments vs Long Term Debt Total
Long Term Investments vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fortive Corp Long Term Investments account and
Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fortive Corp's Long Term Investments and Long Term Debt Total is 0.38. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Long Term Investments and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Fortive Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Investments i.e., Fortive Corp's Long Term Investments and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Fortive Corp balance sheet that represents investments Fortive Corp intends to hold for over a year. Fortive Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Long Term Debt Total
Most indicators from Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive Corp 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 Fortive Corp. 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.
For more information on how to buy Fortive Stock please use our
How to Invest in Fortive Corp guide.
Tax Provision is likely to climb to about 145.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.9
B in 2024.
Fortive Corp fundamental ratios Correlations
Click cells to compare fundamentals
Fortive Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortive Corp fundamental ratios Accounts
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Additional Tools for Fortive Stock Analysis
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measure Fortive Corp'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 Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to
predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.