Smurfit Short Term Debt vs Total Current Assets Analysis

SW Stock

54.76 0.77 1.39%

Smurfit WestRock financial indicator trend analysis is much more than just breaking down Smurfit WestRock plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smurfit WestRock plc is a good investment. Please check the relationship between Smurfit WestRock Short Term Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smurfit WestRock 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 housing.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smurfit WestRock plc Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Smurfit WestRock's Short Term Debt and Total Current Assets is 0.83. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Smurfit WestRock plc, assuming nothing else is changed. The correlation between historical values of Smurfit WestRock's Short Term Debt 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 Short Term Debt of Smurfit WestRock plc 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 Short Term Debt i.e., Smurfit WestRock's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Short Term Debt

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 Smurfit WestRock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smurfit WestRock 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smurfit WestRock 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 housing.

At this time, Smurfit WestRock's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.14 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	128M	158M	196.8M	133.3M
Depreciation And Amortization	553M	630M	701.9M	670.5M

Interest Expense Depreciation And Amortization

Smurfit WestRock fundamental ratios Correlations

	Other Current Liab	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Other	Total Assets	Short Long Term Debt Total	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	Good Will	Common Stock Shares Outstanding	Inventory	Net Invested Capital	Property Plant And Equipment Gross	Net Working Capital
Other Current Liab		-0.62	-0.24	-0.37	-0.18	-0.22	-0.23	-0.05	0.04	-0.25	-0.24	0.13	0.16	-0.56	0.07	0.64	0.18	0.86	0.64	0.13	0.11	-0.18	-0.25	0.03	0.0	-0.19
Accounts Payable	-0.62		0.83	0.93	0.76	0.83	0.85	0.75	0.72	0.9	0.88	0.64	0.61	-0.23	0.66	-0.16	0.61	-0.39	-0.16	-0.82	0.66	0.85	0.87	0.72	0.76	0.85
Non Current Liabilities Total	-0.24	0.83		0.87	0.96	1.0	0.99	0.9	0.78	0.82	0.84	0.75	0.73	-0.41	0.77	0.04	0.72	-0.04	0.04	-0.82	0.71	0.76	0.83	0.78	0.79	0.82
Other Current Assets	-0.37	0.93	0.87		0.75	0.89	0.92	0.9	0.89	0.96	0.98	0.84	0.81	-0.41	0.86	-0.08	0.8	-0.04	-0.08	-0.92	0.78	0.9	0.99	0.9	0.91	0.98
Other Stockholder Equity	-0.18	0.76	0.96	0.75		0.94	0.92	0.76	0.67	0.74	0.72	0.62	0.62	-0.42	0.61	0.13	0.62	-0.12	0.13	-0.72	0.67	0.73	0.7	0.65	0.68	0.69
Total Liab	-0.22	0.83	1.0	0.89	0.94		1.0	0.92	0.82	0.84	0.86	0.79	0.77	-0.44	0.8	0.06	0.76	-0.01	0.06	-0.85	0.74	0.78	0.86	0.82	0.82	0.84
Total Current Assets	-0.23	0.85	0.99	0.92	0.92	1.0		0.94	0.84	0.86	0.89	0.82	0.8	-0.44	0.83	0.04	0.78	0.01	0.04	-0.87	0.76	0.79	0.89	0.85	0.85	0.88
Non Current Liabilities Other	-0.05	0.75	0.9	0.9	0.76	0.92	0.94		0.95	0.87	0.93	0.95	0.94	-0.61	0.97	0.2	0.92	0.23	0.2	-0.93	0.86	0.8	0.92	0.96	0.94	0.92
Total Assets	0.04	0.72	0.78	0.89	0.67	0.82	0.84	0.95		0.93	0.96	0.99	0.99	-0.76	0.98	0.34	0.99	0.29	0.34	-0.98	0.96	0.9	0.94	1.0	1.0	0.94
Short Long Term Debt Total	-0.25	0.9	0.82	0.96	0.74	0.84	0.86	0.87	0.93		0.98	0.87	0.87	-0.6	0.87	0.17	0.87	-0.02	0.17	-0.97	0.9	0.98	0.96	0.92	0.95	0.96
Total Current Liabilities	-0.24	0.88	0.84	0.98	0.72	0.86	0.89	0.93	0.96	0.98		0.92	0.9	-0.57	0.93	0.1	0.89	0.07	0.1	-0.97	0.88	0.94	0.99	0.96	0.97	0.99
Total Stockholder Equity	0.13	0.64	0.75	0.84	0.62	0.79	0.82	0.95	0.99	0.87	0.92		1.0	-0.78	0.99	0.37	0.99	0.4	0.37	-0.94	0.93	0.83	0.9	0.99	0.98	0.91
Property Plant And Equipment Net	0.16	0.61	0.73	0.81	0.62	0.77	0.8	0.94	0.99	0.87	0.9	1.0		-0.82	0.98	0.44	1.0	0.4	0.44	-0.95	0.95	0.84	0.88	0.98	0.97	0.89
Net Debt	-0.56	-0.23	-0.41	-0.41	-0.42	-0.44	-0.44	-0.61	-0.76	-0.6	-0.57	-0.78	-0.82		-0.71	-0.83	-0.85	-0.53	-0.83	0.7	-0.87	-0.66	-0.51	-0.72	-0.75	-0.54
Retained Earnings	0.07	0.66	0.77	0.86	0.61	0.8	0.83	0.97	0.98	0.87	0.93	0.99	0.98	-0.71		0.27	0.97	0.38	0.27	-0.93	0.9	0.81	0.92	0.99	0.97	0.93
Cash	0.64	-0.16	0.04	-0.08	0.13	0.06	0.04	0.2	0.34	0.17	0.1	0.37	0.44	-0.83	0.27		0.48	0.36	1.0	-0.31	0.55	0.25	0.01	0.27	0.3	0.03
Non Current Assets Total	0.18	0.61	0.72	0.8	0.62	0.76	0.78	0.92	0.99	0.87	0.89	0.99	1.0	-0.85	0.97	0.48		0.39	0.48	-0.95	0.97	0.85	0.87	0.97	0.97	0.88
Non Currrent Assets Other	0.86	-0.39	-0.04	-0.04	-0.12	-0.01	0.01	0.23	0.29	-0.02	0.07	0.4	0.4	-0.53	0.38	0.36	0.39		0.36	-0.09	0.23	0.0	0.1	0.33	0.26	0.15
Cash And Short Term Investments	0.64	-0.16	0.04	-0.08	0.13	0.06	0.04	0.2	0.34	0.17	0.1	0.37	0.44	-0.83	0.27	1.0	0.48	0.36		-0.31	0.55	0.25	0.01	0.27	0.3	0.03
Net Receivables	0.13	-0.82	-0.82	-0.92	-0.72	-0.85	-0.87	-0.93	-0.98	-0.97	-0.97	-0.94	-0.95	0.7	-0.93	-0.31	-0.95	-0.09	-0.31		-0.96	-0.94	-0.95	-0.96	-0.98	-0.94
Good Will	0.11	0.66	0.71	0.78	0.67	0.74	0.76	0.86	0.96	0.9	0.88	0.93	0.95	-0.87	0.9	0.55	0.97	0.23	0.55	-0.96		0.91	0.84	0.93	0.95	0.84
Common Stock Shares Outstanding	-0.18	0.85	0.76	0.9	0.73	0.78	0.79	0.8	0.9	0.98	0.94	0.83	0.84	-0.66	0.81	0.25	0.85	0.0	0.25	-0.94	0.91		0.91	0.88	0.93	0.91
Inventory	-0.25	0.87	0.83	0.99	0.7	0.86	0.89	0.92	0.94	0.96	0.99	0.9	0.88	-0.51	0.92	0.01	0.87	0.1	0.01	-0.95	0.84	0.91		0.95	0.95	1.0
Net Invested Capital	0.03	0.72	0.78	0.9	0.65	0.82	0.85	0.96	1.0	0.92	0.96	0.99	0.98	-0.72	0.99	0.27	0.97	0.33	0.27	-0.96	0.93	0.88	0.95		0.99	0.96
Property Plant And Equipment Gross	0.0	0.76	0.79	0.91	0.68	0.82	0.85	0.94	1.0	0.95	0.97	0.98	0.97	-0.75	0.97	0.3	0.97	0.26	0.3	-0.98	0.95	0.93	0.95	0.99		0.96
Net Working Capital	-0.19	0.85	0.82	0.98	0.69	0.84	0.88	0.92	0.94	0.96	0.99	0.91	0.89	-0.54	0.93	0.03	0.88	0.15	0.03	-0.94	0.84	0.91	1.0	0.96	0.96

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Smurfit WestRock Account Relationship Matchups

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Smurfit Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current Assets

Smurfit WestRock fundamental ratios Correlations

Smurfit WestRock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Total Liab
Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.98	Net Receivables
Net Receivables	- 0.98	Total Assets
Net Receivables	- 0.97	Total Current Liabilities
Net Receivables	- 0.97	Short Long Term Debt Total
Net Invested Capital	- 0.96	Net Receivables
Good Will	- 0.96	Net Receivables