Teledyne Inventory vs Non Currrent Assets Other Analysis

TDY Stock  USD 485.26  0.42  0.09%   
Teledyne Technologies financial indicator trend analysis is much more than just breaking down Teledyne Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teledyne Technologies is a good investment. Please check the relationship between Teledyne Technologies Inventory and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teledyne Technologies Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Teledyne Technologies' Inventory and Non Currrent Assets Other is 0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Teledyne Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Teledyne Technologies' Inventory 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 Inventory of Teledyne Technologies Incorporated 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 Inventory i.e., Teledyne Technologies' Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

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 Teledyne Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teledyne Technologies 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 Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Teledyne Technologies' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 2.8 M in 2024, whereas Tax Provision is likely to drop slightly above 91.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.2M89.3M85.5M89.8M
Depreciation And Amortization371.8M332.2M316.4M332.2M

Teledyne Technologies fundamental ratios Correlations

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0.810.820.80.80.820.80.810.720.810.960.80.820.670.810.80.80.80.790.760.670.670.81.00.780.75
Click cells to compare fundamentals

Teledyne Technologies Account Relationship Matchups

Teledyne Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B14.4B14.4B14.5B15.3B
Other Current Liab264.7M434.2M799.9M717.6M781.3M820.4M
Total Current Liabilities763.2M760.9M1.5B1.5B1.8B1.9B
Total Stockholder Equity2.7B3.2B7.6B8.2B9.2B9.7B
Property Plant And Equipment Net487.9M489.3M827.5M769.8M918.7M964.6M
Accounts Payable271.1M229.1M469.5M505.7M384.7M403.9M
Non Current Assets Total3.3B3.3B12.0B11.5B11.5B12.1B
Non Currrent Assets Other296.9M297M460.8M452.7M346.9M364.2M
Net Receivables660.9M624.1M1.1B1.2B1.2B1.3B
Liabilities And Stockholders Equity4.6B5.1B14.4B14.4B14.5B15.3B
Non Current Liabilities Total1.1B1.1B5.3B4.7B3.5B3.7B
Inventory393.4M347.3M752.9M890.7M917.7M963.6M
Other Current Assets59.9M156.2M118M130.7M213.3M224.0M
Total Liab1.9B1.8B6.8B6.2B5.3B5.6B
Total Current Assets1.3B1.7B2.4B2.8B3.0B3.1B
Accumulated Other Comprehensive Income(475.8M)(430.1M)(430M)(726.5M)(634.1M)(602.4M)
Intangible Assets430.8M409.7M2.7B2.4B2.3B2.4B
Short Long Term Debt Total850.6M778.5M4.1B3.9B3.2B3.4B
Net Debt651.1M105.4M3.6B3.3B2.6B2.7B
Retained Earnings2.9B3.3B3.8B4.6B5.4B5.7B
Cash199.5M673.1M474.7M638.1M648.3M680.7M
Cash And Short Term Investments199.5M673.1M474.7M638.1M648.3M680.7M
Good Will2.1B2.2B8.0B7.9B8.0B8.4B
Other Stockholder Equity264.1M330.4M4.3B4.3B4.4B4.6B
Property Plant And Equipment Gross615M489.3M827.5M1.6B1.7B1.8B
Other Liab232.6M398.2M1.2B911.3M1.0B1.1B
Other Assets169.5M297M460.8M452.7M520.6M546.6M
Property Plant Equipment487.9M489.3M827.5M769.8M885.3M929.5M
Current Deferred Revenue111.5M126.8M186M241.1M277.3M291.1M
Long Term Debt750M680.9M4.1B3.6B2.6B2.8B
Short Term Debt100.6M97.6M28.3M300.1M600.1M630.1M
Net Tangible Assets233.4M668.9M(3.1B)(2.1B)(1.9B)(1.8B)
Retained Earnings Total Equity2.9B3.3B3.8B4.6B5.2B5.5B
Long Term Debt Total750M680.9M4.1B3.6B4.2B4.4B

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