Solventum Change To Inventory vs Other Non Cash Items Analysis

SOLV Stock   70.01  0.48  0.68%   
Solventum Corp financial indicator trend analysis is much more than just breaking down Solventum Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solventum Corp is a good investment. Please check the relationship between Solventum Corp Change To Inventory and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum 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 bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.

Change To Inventory vs Other Non Cash Items

Change To Inventory vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solventum Corp Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have no relationship.
The correlation between Solventum Corp's Change To Inventory and Other Non Cash Items is 0.02. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Solventum Corp, assuming nothing else is changed. The correlation between historical values of Solventum Corp's Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Solventum Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Solventum Corp's Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Other Non Cash Items

Most indicators from Solventum Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solventum 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solventum 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 bureau of economic analysis.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.At this time, Solventum Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.5 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.71 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization597M578M561M467M
Tax Provision422M349M218M258.2M

Solventum Corp fundamental ratios Correlations

0.920.71-0.480.51-0.70.76-0.990.710.510.28-0.970.340.710.8-0.980.710.850.5-0.460.71-0.990.490.54-0.930.53
0.920.81-0.250.72-0.790.82-0.870.810.60.55-0.860.490.820.88-0.870.810.70.55-0.620.81-0.890.580.66-0.870.55
0.710.81-0.570.95-1.01.0-0.691.00.960.85-0.780.91.00.99-0.751.00.80.94-0.951.0-0.780.950.97-0.890.93
-0.48-0.25-0.57-0.340.59-0.620.57-0.58-0.65-0.220.67-0.55-0.54-0.560.63-0.57-0.87-0.720.51-0.560.61-0.65-0.570.69-0.76
0.510.720.95-0.34-0.950.92-0.460.950.930.97-0.560.930.960.91-0.520.950.570.89-0.970.95-0.570.930.97-0.710.86
-0.7-0.79-1.00.59-0.95-1.00.68-1.0-0.96-0.850.78-0.91-1.0-0.990.74-1.0-0.81-0.950.96-1.00.77-0.96-0.980.89-0.94
0.760.821.0-0.620.92-1.0-0.751.00.940.8-0.840.870.990.99-0.81.00.850.93-0.921.0-0.830.930.96-0.930.93
-0.99-0.87-0.690.57-0.460.68-0.75-0.69-0.5-0.230.99-0.33-0.69-0.771.0-0.69-0.89-0.510.44-0.690.99-0.48-0.520.94-0.54
0.710.811.0-0.580.95-1.01.0-0.690.960.85-0.780.91.00.99-0.751.00.80.94-0.951.0-0.780.950.97-0.890.93
0.510.60.96-0.650.93-0.960.94-0.50.960.88-0.630.980.950.91-0.580.950.740.99-0.990.95-0.611.00.99-0.770.99
0.280.550.85-0.220.97-0.850.8-0.230.850.88-0.340.930.860.79-0.30.850.380.83-0.950.85-0.350.880.92-0.520.8
-0.97-0.86-0.780.67-0.560.78-0.840.99-0.78-0.63-0.34-0.48-0.78-0.851.0-0.78-0.95-0.650.57-0.781.0-0.62-0.640.98-0.68
0.340.490.9-0.550.93-0.910.87-0.330.90.980.93-0.480.90.83-0.420.90.60.97-0.990.9-0.460.980.98-0.640.95
0.710.821.0-0.540.96-1.00.99-0.691.00.950.86-0.780.90.99-0.741.00.780.92-0.951.0-0.780.940.97-0.880.92
0.80.880.99-0.560.91-0.990.99-0.770.990.910.79-0.850.830.99-0.820.990.830.89-0.90.99-0.850.90.93-0.930.89
-0.98-0.87-0.750.63-0.520.74-0.81.0-0.75-0.58-0.31.0-0.42-0.74-0.82-0.75-0.93-0.590.51-0.751.0-0.56-0.590.96-0.62
0.710.811.0-0.570.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.750.80.93-0.951.0-0.780.950.97-0.890.93
0.850.70.8-0.870.57-0.810.85-0.890.80.740.38-0.950.60.780.83-0.930.80.78-0.640.8-0.920.730.72-0.960.81
0.50.550.94-0.720.89-0.950.93-0.510.940.990.83-0.650.970.920.89-0.590.930.78-0.960.93-0.620.990.98-0.781.0
-0.46-0.62-0.950.51-0.970.96-0.920.44-0.95-0.99-0.950.57-0.99-0.95-0.90.51-0.95-0.64-0.96-0.950.55-0.99-1.00.72-0.95
0.710.811.0-0.560.95-1.01.0-0.691.00.950.85-0.780.91.00.99-0.751.00.80.93-0.95-0.780.950.97-0.890.93
-0.99-0.89-0.780.61-0.570.77-0.830.99-0.78-0.61-0.351.0-0.46-0.78-0.851.0-0.78-0.92-0.620.55-0.78-0.6-0.630.97-0.64
0.490.580.95-0.650.93-0.960.93-0.480.951.00.88-0.620.980.940.9-0.560.950.730.99-0.990.95-0.60.99-0.760.99
0.540.660.97-0.570.97-0.980.96-0.520.970.990.92-0.640.980.970.93-0.590.970.720.98-1.00.97-0.630.99-0.780.96
-0.93-0.87-0.890.69-0.710.89-0.930.94-0.89-0.77-0.520.98-0.64-0.88-0.930.96-0.89-0.96-0.780.72-0.890.97-0.76-0.78-0.8
0.530.550.93-0.760.86-0.940.93-0.540.930.990.8-0.680.950.920.89-0.620.930.811.0-0.950.93-0.640.990.96-0.8
Click cells to compare fundamentals

Solventum Corp Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Solventum Stock Analysis

When running Solventum Corp's price analysis, check to measure Solventum 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 Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum 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 Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.