GE Aerospace Common Stock Total Equity vs Non Currrent Assets Other Analysis

GE Stock  USD 182.16  1.56  0.86%   
GE Aerospace financial indicator trend analysis is much more than just examining GE Aerospace latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Aerospace is a good investment. Please check the relationship between GE Aerospace Common Stock Total Equity and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.

Common Stock Total Equity vs Non Currrent Assets Other

Common Stock Total Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Aerospace Common Stock Total Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GE Aerospace's Common Stock Total Equity and Non Currrent Assets Other is 0.47. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of GE Aerospace, assuming nothing else is changed. The correlation between historical values of GE Aerospace's Common Stock Total Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of GE Aerospace are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Total Equity i.e., GE Aerospace's Common Stock Total Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from GE Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Aerospace 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.At present, GE Aerospace's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.28, whereas Discontinued Operations is forecasted to decline to (608.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit13.1B13.8B17.6B16.7B
Total Revenue56.5B76.6B68.0B113.3B

GE Aerospace fundamental ratios Correlations

0.97-0.350.490.960.910.940.890.890.850.810.960.910.620.780.40.631.00.970.780.570.540.330.880.840.58
0.97-0.510.550.930.910.890.830.920.830.850.960.850.680.710.380.680.970.920.850.590.480.360.90.840.67
-0.35-0.51-0.12-0.27-0.52-0.22-0.23-0.56-0.29-0.36-0.47-0.21-0.31-0.3-0.25-0.4-0.35-0.3-0.36-0.58-0.170.03-0.56-0.54-0.63
0.490.55-0.120.410.410.540.380.270.490.550.460.410.33-0.110.160.310.520.440.850.290.270.810.40.390.3
0.960.93-0.270.410.830.90.880.870.810.80.920.890.690.810.380.670.950.940.70.510.410.240.820.830.51
0.910.91-0.520.410.830.780.840.910.810.690.960.730.480.740.510.550.910.840.680.770.630.190.990.890.82
0.940.89-0.220.540.90.780.710.720.680.70.840.970.730.680.110.730.940.970.810.350.410.540.780.720.48
0.890.83-0.230.380.880.840.710.830.910.720.890.680.290.720.720.280.880.790.60.70.620.060.760.80.44
0.890.92-0.560.270.870.910.720.830.760.730.950.740.550.820.450.550.880.850.620.620.520.040.890.790.69
0.850.83-0.290.490.810.810.680.910.760.850.830.580.310.580.680.310.840.70.670.730.620.140.750.780.48
0.810.85-0.360.550.80.690.70.720.730.850.760.610.620.490.410.580.810.690.770.480.280.30.680.640.47
0.960.96-0.470.460.920.960.840.890.950.830.760.810.550.760.470.580.960.910.760.680.570.260.940.870.7
0.910.85-0.210.410.890.730.970.680.740.580.610.810.730.760.030.720.910.980.710.250.390.440.730.650.42
0.620.68-0.310.330.690.480.730.290.550.310.620.550.730.48-0.240.940.610.690.610.06-0.160.460.580.510.5
0.780.71-0.3-0.110.810.740.680.720.820.580.490.760.760.480.310.50.760.80.260.420.44-0.220.720.660.44
0.40.38-0.250.160.380.510.110.720.450.680.410.470.03-0.240.31-0.230.390.20.180.820.48-0.30.410.570.26
0.630.68-0.40.310.670.550.730.280.550.310.580.580.720.940.5-0.230.620.690.590.17-0.030.460.650.570.6
1.00.97-0.350.520.950.910.940.880.880.840.810.960.910.610.760.390.620.970.80.560.560.360.880.820.58
0.970.92-0.30.440.940.840.970.790.850.70.690.910.980.690.80.20.690.970.750.410.480.390.830.760.53
0.780.85-0.360.850.70.680.810.60.620.670.770.760.710.610.260.180.590.80.750.390.360.760.680.620.51
0.570.59-0.580.290.510.770.350.70.620.730.480.680.250.060.420.820.170.560.410.390.56-0.070.730.850.66
0.540.48-0.170.270.410.630.410.620.520.620.280.570.39-0.160.440.48-0.030.560.480.360.560.030.540.450.32
0.330.360.030.810.240.190.540.060.040.140.30.260.440.46-0.22-0.30.460.360.390.76-0.070.030.230.180.2
0.880.9-0.560.40.820.990.780.760.890.750.680.940.730.580.720.410.650.880.830.680.730.540.230.90.88
0.840.84-0.540.390.830.890.720.80.790.780.640.870.650.510.660.570.570.820.760.620.850.450.180.90.74
0.580.67-0.630.30.510.820.480.440.690.480.470.70.420.50.440.260.60.580.530.510.660.320.20.880.74
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GE Aerospace Account Relationship Matchups

GE Aerospace fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets266B253.5B198.9B188.9B163.0B154.9B
Short Long Term Debt Total158.1B75.1B35.2B32.3B22.9B21.8B
Other Current Liab1.7B34.4B30.8B19.4B36.9B38.7B
Total Current Liabilities92.6B56.1B52.0B49.4B50.9B48.3B
Total Stockholder Equity28.3B35.6B40.3B33.7B27.4B26.0B
Property Plant And Equipment Net46.2B44.7B15.6B12.2B12.5B11.9B
Net Debt9.2B38.4B19.4B10.3B6.0B5.7B
Retained Earnings87.7B92.2B85.1B83.0B86.5B85.6B
Cash84.9B36.6B15.8B15.8B17.0B16.1B
Non Current Assets Total138B165.0B132.5B130.5B103.2B176.1B
Non Currrent Assets Other37.6B30.4B28.3B44.9B14.2B13.5B
Cash And Short Term Investments84.9B43.9B28.1B23.4B22.7B21.5B
Net Receivables19.9B23.7B20.5B17.8B17.0B16.1B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.0B
Liabilities And Stockholders Equity266B253.5B198.9B188.9B163.0B154.9B
Non Current Liabilities Total143.6B160.3B105.3B104.5B83.6B79.4B
Inventory14.1B15.9B15.8B14.9B16.5B12.0B
Other Stockholder Equity(48.4B)(47.7B)(46.4B)(47.0B)(80.0B)(76.0B)
Total Liab236.2B216.4B157.3B153.9B134.5B127.7B
Total Current Assets128B88.4B66.3B58.4B59.8B56.8B
Short Term Debt90.9B4.7B4.4B3.7B5.6B5.4B
Intangible Assets10.7B9.8B9.3B6.1B5.7B5.4B
Accounts Payable15.9B16.5B16.2B10.0B10.7B16.2B
Other Current Assets9.1B2.1B2.3B83M3.2B3.0B
Property Plant And Equipment Gross46.2B44.7B15.6B12.2B12.5B11.9B
Accumulated Other Comprehensive Income(11.7B)(9.7B)1.6B(2.3B)20.8B21.9B
Good Will26.7B25.5B26.2B13.0B13.4B12.7B
Short Term Investments48.5B7.3B12.3B7.6B5.7B5.4B
Other Liab68.6B47.6B37.3B28.9B26.0B24.7B
Long Term Debt68.8B70.3B30.8B28.6B19.7B18.7B
Treasury Stock(82.8B)(82.0B)(81.1B)(81.2B)(73.1B)(69.4B)
Property Plant Equipment52.4B44.7B15.6B14.5B13.0B12.4B
Current Deferred Revenue(15.9B)18.2B17.4B16.2B1.0B1.1B
Noncontrolling Interest In Consolidated Entity20.5B1.5B1.5B1.2B1.4B1.3B
Retained Earnings Total Equity93.1B87.7B92.2B84.7B97.4B113.6B
Deferred Long Term Liab31.7B29.8B2.6B16.0B18.4B19.1B
Net Tangible Assets(9.1B)10.0B4.8B10.6B9.5B6.8B

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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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Conglomerates 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 GE Aerospace. If investors know GE Aerospace 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 GE Aerospace 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
6.064
Dividend Share
0.92
Earnings Share
5.06
Revenue Per Share
64.325
Quarterly Revenue Growth
0.058
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace'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 GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace'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 GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.