Stevanato Deferred Long Term Liab vs Total Current Assets Analysis

STVN Stock

USD 21.76 0.46 2.16%

Stevanato Group financial indicator trend analysis is much more than just breaking down Stevanato Group SpA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stevanato Group SpA is a good investment. Please check the relationship between Stevanato Group Deferred Long Term Liab and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Deferred Long Term Liab vs Total Current Assets

Deferred Long Term Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stevanato Group SpA Deferred Long Term Liab account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Stevanato Group's Deferred Long Term Liab and Total Current Assets is -0.89. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Stevanato Group SpA, assuming nothing else is changed. The correlation between historical values of Stevanato Group's Deferred Long Term Liab and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Stevanato Group SpA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Deferred Long Term Liab i.e., Stevanato Group's Deferred Long Term Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Stevanato Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stevanato Group SpA 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 Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Stevanato Group reported last year Issuance Of Capital Stock of (112,000). As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Tax Provision is likely to drop about 34.2 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	57.7M	63.6M	78.5M	65.2M
Interest Income	566K	25M	812K	771.4K

Depreciation And Amortization Interest Income

Stevanato Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.16	0.81	0.98	0.99	0.96	-0.75	-0.26	0.99	0.4	0.97	0.66	-0.1	-0.59	0.28	0.95	0.58	-0.57	-0.68	-0.87	-0.45	-0.27	0.98	0.96	0.81	0.88
Short Long Term Debt Total	-0.16		0.04	-0.07	-0.29	0.04	0.01	0.67	-0.19	-0.58	0.03	0.14	0.45	0.88	-0.57	0.06	-0.08	0.09	0.24	0.15	0.9	0.34	-0.07	-0.37	-0.57	0.26
Other Current Liab	0.81	0.04		0.8	0.77	0.76	-0.61	-0.19	0.77	0.41	0.77	0.62	0.21	-0.28	0.31	0.74	0.54	-0.53	-0.7	-0.74	-0.27	0.03	0.79	0.74	0.65	0.8
Total Current Liabilities	0.98	-0.07	0.8		0.95	0.98	-0.77	-0.13	0.99	0.26	0.99	0.7	-0.04	-0.52	0.14	0.97	0.6	-0.59	-0.67	-0.86	-0.33	-0.29	0.99	0.9	0.76	0.93
Total Stockholder Equity	0.99	-0.29	0.77	0.95		0.92	-0.68	-0.4	0.98	0.52	0.92	0.56	-0.16	-0.69	0.41	0.9	0.51	-0.5	-0.65	-0.82	-0.58	-0.27	0.94	0.99	0.85	0.79
Property Plant And Equipment Net	0.96	0.04	0.76	0.98	0.92		-0.8	-0.04	0.97	0.17	1.0	0.73	-0.11	-0.43	0.04	1.0	0.6	-0.59	-0.59	-0.86	-0.21	-0.34	0.97	0.87	0.72	0.95
Current Deferred Revenue	-0.75	0.01	-0.61	-0.77	-0.68	-0.8		-0.28	-0.73	0.11	-0.8	-0.98	0.29	0.35	0.25	-0.82	-0.94	0.93	0.67	0.97	0.09	0.58	-0.74	-0.63	-0.68	-0.83
Net Debt	-0.26	0.67	-0.19	-0.13	-0.4	-0.04	-0.28		-0.24	-0.96	-0.04	0.43	0.14	0.62	-0.97	0.0	0.36	-0.36	0.06	-0.05	0.86	-0.19	-0.14	-0.5	-0.42	0.21
Accounts Payable	0.99	-0.19	0.77	0.99	0.98	0.97	-0.73	-0.24		0.36	0.97	0.63	-0.12	-0.62	0.24	0.95	0.55	-0.54	-0.65	-0.84	-0.44	-0.32	0.98	0.95	0.81	0.87
Cash	0.4	-0.58	0.41	0.26	0.52	0.17	0.11	-0.96	0.36		0.17	-0.24	-0.02	-0.59	0.99	0.13	-0.18	0.18	-0.28	-0.13	-0.85	0.26	0.28	0.6	0.49	-0.02
Non Current Assets Total	0.97	0.03	0.77	0.99	0.92	1.0	-0.8	-0.04	0.97	0.17		0.74	-0.1	-0.44	0.05	1.0	0.61	-0.6	-0.6	-0.87	-0.22	-0.33	0.97	0.87	0.72	0.95
Non Currrent Assets Other	0.66	0.14	0.62	0.7	0.56	0.73	-0.98	0.43	0.63	-0.24	0.74		-0.16	-0.18	-0.38	0.76	0.95	-0.95	-0.67	-0.92	0.08	-0.5	0.67	0.5	0.56	0.84
Other Assets	-0.1	0.45	0.21	-0.04	-0.16	-0.11	0.29	0.14	-0.12	-0.02	-0.1	-0.16		0.45	0.01	-0.14	-0.16	0.16	-0.29	0.24	0.28	0.86	0.05	-0.22	-0.51	0.1
Long Term Debt	-0.59	0.88	-0.28	-0.52	-0.69	-0.43	0.35	0.62	-0.62	-0.59	-0.44	-0.18	0.45		-0.53	-0.41	-0.31	0.32	0.46	0.5	0.91	0.46	-0.51	-0.73	-0.83	-0.2
Cash And Short Term Investments	0.28	-0.57	0.31	0.14	0.41	0.04	0.25	-0.97	0.24	0.99	0.05	-0.38	0.01	-0.53		0.0	-0.31	0.31	-0.18	0.02	-0.81	0.34	0.16	0.49	0.37	-0.15
Net Receivables	0.95	0.06	0.74	0.97	0.9	1.0	-0.82	0.0	0.95	0.13	1.0	0.76	-0.14	-0.41	0.0		0.62	-0.61	-0.57	-0.87	-0.18	-0.38	0.95	0.85	0.71	0.95
Good Will	0.58	-0.08	0.54	0.6	0.51	0.6	-0.94	0.36	0.55	-0.18	0.61	0.95	-0.16	-0.31	-0.31	0.62		-1.0	-0.76	-0.89	-0.08	-0.5	0.59	0.46	0.58	0.7
Common Stock Total Equity	-0.57	0.09	-0.53	-0.59	-0.5	-0.59	0.93	-0.36	-0.54	0.18	-0.6	-0.95	0.16	0.32	0.31	-0.61	-1.0		0.77	0.89	0.09	0.5	-0.58	-0.45	-0.57	-0.69
Common Stock Shares Outstanding	-0.68	0.24	-0.7	-0.67	-0.65	-0.59	0.67	0.06	-0.65	-0.28	-0.6	-0.67	-0.29	0.46	-0.18	-0.57	-0.76	0.77		0.77	0.41	-0.02	-0.72	-0.62	-0.53	-0.66
Short Term Investments	-0.87	0.15	-0.74	-0.86	-0.82	-0.86	0.97	-0.05	-0.84	-0.13	-0.87	-0.92	0.24	0.5	0.02	-0.87	-0.89	0.89	0.77		0.29	0.49	-0.84	-0.79	-0.8	-0.86
Non Current Liabilities Total	-0.45	0.9	-0.27	-0.33	-0.58	-0.21	0.09	0.86	-0.44	-0.85	-0.22	0.08	0.28	0.91	-0.81	-0.18	-0.08	0.09	0.41	0.29		0.13	-0.34	-0.65	-0.68	0.01
Capital Lease Obligations	-0.27	0.34	0.03	-0.29	-0.27	-0.34	0.58	-0.19	-0.32	0.26	-0.33	-0.5	0.86	0.46	0.34	-0.38	-0.5	0.5	-0.02	0.49	0.13		-0.2	-0.27	-0.6	-0.22
Inventory	0.98	-0.07	0.79	0.99	0.94	0.97	-0.74	-0.14	0.98	0.28	0.97	0.67	0.05	-0.51	0.16	0.95	0.59	-0.58	-0.72	-0.84	-0.34	-0.2		0.9	0.71	0.92
Other Current Assets	0.96	-0.37	0.74	0.9	0.99	0.87	-0.63	-0.5	0.95	0.6	0.87	0.5	-0.22	-0.73	0.49	0.85	0.46	-0.45	-0.62	-0.79	-0.65	-0.27	0.9		0.87	0.71
Other Stockholder Equity	0.81	-0.57	0.65	0.76	0.85	0.72	-0.68	-0.42	0.81	0.49	0.72	0.56	-0.51	-0.83	0.37	0.71	0.58	-0.57	-0.53	-0.8	-0.68	-0.6	0.71	0.87		0.55
Total Liab	0.88	0.26	0.8	0.93	0.79	0.95	-0.83	0.21	0.87	-0.02	0.95	0.84	0.1	-0.2	-0.15	0.95	0.7	-0.69	-0.66	-0.86	0.01	-0.22	0.92	0.71	0.55

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Stevanato Group Account Relationship Matchups

Stevanato Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	882.2M	968.0M	1.4B	1.7B	2.1B	1.4B
Short Long Term Debt Total	375.7M	363.0M	244.3M	218.4M	396.6M	255.3M
Other Current Liab	50.1M	105.0M	103.3M	69.9M	122.6M	92.2M
Total Current Liabilities	262.9M	316.2M	338.6M	462.5M	574.4M	403.1M
Total Stockholder Equity	265.5M	310.5M	841.7M	995.9M	1.1B	692.6M
Property Plant And Equipment Net	306.9M	339.0M	415.4M	660.7M	1.0B	556.5M
Current Deferred Revenue	47.5M	53.4M	42.4M	41.4M	1.7M	1.6M
Net Debt	290.3M	247.4M	(166.8M)	(10.4M)	327.0M	343.3M
Accounts Payable	95.1M	118.7M	164.8M	239.2M	277.8M	181.0M
Cash	85.4M	115.6M	411.0M	228.7M	69.6M	66.1M
Non Current Assets Total	432.6M	475.2M	552.9M	811.1M	1.2B	709.3M
Non Currrent Assets Other	5.9M	6.0M	422K	(17K)	83.8M	88.0M
Other Assets	48.1M	61.6M	(401K)	2.6M	(997.3K)	(947.5K)
Long Term Debt	284.2M	273.9M	184.0M	133.8M	242.0M	181.7M
Cash And Short Term Investments	126.3M	157.1M	438.2M	256.6M	72.2M	68.6M
Net Receivables	190.7M	195.8M	227.4M	316.2M	474.3M	290.7M
Short Term Investments	40.9M	41.5M	27.2M	27.9M	2.6M	2.4M
Liabilities And Stockholders Equity	882.2M	968.0M	1.4B	1.7B	2.1B	1.4B
Non Current Liabilities Total	353.8M	341.7M	36.3M	52.9M	364.5M	194.1M
Capital Lease Obligations	26.1M	25.6M	23.1M	20.0M	18.9M	17.9M
Inventory	131.9M	139.4M	148.9M	213.3M	255.3M	181.0M
Other Current Assets	1K	435K	51.5M	54.8M	60.0M	30.6M
Other Stockholder Equity	(248.1M)	(26.2M)	361.2M	361.3M	362.1M	380.2M
Total Liab	616.7M	657.8M	577.2M	663.8M	938.9M	734.2M
Net Invested Capital	615.0M	647.9M	1.1B	1.2B	1.5B	1.0B
Long Term Investments	4.6M	3.5M	2.0M	1.8M	5.2M	2.9M
Property Plant And Equipment Gross	306.9M	339.0M	793.2M	1.1B	1.6B	798.9M
Short Long Term Debt	65.3M	63.5M	37.2M	64.6M	135.6M	76.5M
Total Current Assets	449.6M	492.8M	866.0M	845.8M	861.9M	717.0M
Accumulated Other Comprehensive Income	206.3M	212.0M	686.1M	831.6M	(9.0M)	(8.6M)
Non Current Liabilities Other	7.4M	1.8M	2.5M	52.9M	48.5M	50.9M
Net Working Capital	186.6M	176.6M	527.3M	383.3M	287.5M	313.9M
Short Term Debt	70.2M	73.3M	42.7M	70.0M	141.4M	82.9M
Intangible Assets	34.8M	33.9M	31.9M	32.2M	28.9M	26.2M

Pair Trading with Stevanato Group

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 Stevanato Group 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 Stevanato Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Stevanato Stock

0.37

VNRX

Volitionrx

Pair Corr

The ability to find closely correlated positions to Stevanato Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stevanato Group 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 Stevanato Group - 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 Stevanato Group SpA to buy it.

The correlation of Stevanato Group 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 Stevanato Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stevanato Group SpA 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 Stevanato Group 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 Stevanato Group SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stevanato Group'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 Stevanato Group Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stevanato Group Spa Stock:

How To Invest In Stevanato

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Is Stevanato Stock a good investment?

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What is Stevanato Group's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Health Care Equipment & Supplies 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 Stevanato Group. If investors know Stevanato 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 Stevanato Group 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

(0.21)

Dividend Share

0.053

Earnings Share

0.45

Revenue Per Share

4.063

Quarterly Revenue Growth

0.024

The market value of Stevanato Group SpA is measured differently than its book value, which is the value of Stevanato that is recorded on the company's balance sheet. Investors also form their own opinion of Stevanato Group's value that differs from its market value or its book value, called intrinsic value, which is Stevanato Group'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 Stevanato Group's market value can be influenced by many factors that don't directly affect Stevanato Group'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 Stevanato Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stevanato Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stevanato Group'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.

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Stevanato Deferred Long Term Liab vs Total Current Assets Analysis

Deferred Long Term Liab vs Total Current Assets

Deferred Long Term Liab vs Total Current Assets Correlation Analysis

Correlation Coefficient

Deferred Long Term Liab

Total Current Assets

Stevanato Group fundamental ratios Correlations

Stevanato Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stevanato Group fundamental ratios Accounts

Pair Trading with Stevanato Group

Moving against Stevanato Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Property Plant And Equipment Net
Net Receivables	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities

Common Stock Total Equity	- 1.0	Good Will
Non Currrent Assets Other	- 0.98	Current Deferred Revenue
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.96	Net Debt
Common Stock Total Equity	- 0.95	Non Currrent Assets Other
Good Will	- 0.94	Current Deferred Revenue