Textron Current Deferred Revenue vs Long Term Debt Total Analysis

TXT Stock  USD 85.63  0.55  0.65%   
Textron financial indicator trend analysis is much more than just breaking down Textron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Textron is a good investment. Please check the relationship between Textron Current Deferred Revenue and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.

Current Deferred Revenue vs Long Term Debt Total

Current Deferred Revenue vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Textron Current Deferred Revenue account and Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Textron's Current Deferred Revenue and Long Term Debt Total is 0.05. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Textron, assuming nothing else is changed. The correlation between historical values of Textron's Current Deferred Revenue and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Textron are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Current Deferred Revenue i.e., Textron's Current Deferred Revenue and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt Total

Most indicators from Textron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Textron 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 Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Textron Stock please use our How to Invest in Textron guide.Selling General Administrative is likely to gain to about 1.4 B in 2024, despite the fact that Discontinued Operations is likely to grow to (855 K).
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.1B2.3B2.1B
Total Revenue12.4B12.9B13.7B11.8B

Textron fundamental ratios Correlations

0.810.160.880.750.890.170.860.750.90.240.750.6-0.590.740.740.00.890.850.960.3-0.110.560.570.780.71
0.81-0.170.630.720.630.340.770.720.56-0.120.720.62-0.690.40.58-0.440.810.480.850.32-0.110.30.670.380.84
0.16-0.170.09-0.310.01-0.51-0.240.20.180.50.20.230.320.52-0.260.570.060.36-0.020.140.090.130.040.43-0.4
0.880.630.090.690.90.260.830.510.870.230.510.63-0.450.620.87-0.040.70.840.880.34-0.20.760.330.770.65
0.750.72-0.310.690.770.130.930.660.69-0.10.660.38-0.830.190.76-0.350.840.430.870.02-0.420.410.590.370.87
0.890.630.010.90.770.260.910.480.930.10.480.49-0.430.650.920.00.760.840.870.13-0.190.70.240.840.71
0.170.34-0.510.260.130.260.25-0.230.1-0.33-0.230.4-0.110.080.44-0.230.140.160.230.090.390.26-0.130.040.5
0.860.77-0.240.830.930.910.250.640.81-0.080.640.42-0.720.410.88-0.230.850.640.940.22-0.350.560.440.590.86
0.750.720.20.510.660.48-0.230.640.510.141.00.34-0.790.410.27-0.050.780.440.780.44-0.390.080.790.340.54
0.90.560.180.870.690.930.10.810.510.410.510.4-0.350.80.780.210.70.930.820.09-0.010.580.310.890.53
0.24-0.120.50.23-0.10.1-0.33-0.080.140.410.140.020.190.55-0.070.54-0.10.490.07-0.130.27-0.080.170.43-0.35
0.750.720.20.510.660.48-0.230.641.00.510.140.34-0.790.410.27-0.050.780.440.780.44-0.390.080.790.340.54
0.60.620.230.630.380.490.40.420.340.40.020.34-0.290.350.5-0.330.550.450.610.17-0.040.530.390.410.59
-0.59-0.690.32-0.45-0.83-0.43-0.11-0.72-0.79-0.350.19-0.79-0.290.01-0.390.33-0.77-0.16-0.74-0.270.47-0.13-0.77-0.01-0.78
0.740.40.520.620.190.650.080.410.410.80.550.410.350.010.410.530.460.930.560.260.330.370.140.890.15
0.740.58-0.260.870.760.920.440.880.270.78-0.070.270.5-0.390.41-0.260.630.670.790.11-0.20.760.110.670.74
0.0-0.440.57-0.04-0.350.0-0.23-0.23-0.050.210.54-0.05-0.330.330.53-0.26-0.140.38-0.150.10.41-0.08-0.290.34-0.51
0.890.810.060.70.840.760.140.850.780.7-0.10.780.55-0.770.460.63-0.140.580.920.25-0.240.510.650.520.82
0.850.480.360.840.430.840.160.640.440.930.490.440.45-0.160.930.670.380.580.730.270.150.580.170.940.36
0.960.85-0.020.880.870.870.230.940.780.820.070.780.61-0.740.560.79-0.150.920.730.33-0.250.540.60.640.83
0.30.320.140.340.020.130.090.220.440.09-0.130.440.17-0.270.260.110.10.250.270.33-0.170.240.070.180.11
-0.11-0.110.09-0.2-0.42-0.190.39-0.35-0.39-0.010.27-0.39-0.040.470.33-0.20.41-0.240.15-0.25-0.17-0.17-0.270.05-0.28
0.560.30.130.760.410.70.260.560.080.58-0.080.080.53-0.130.370.76-0.080.510.580.540.24-0.17-0.050.640.44
0.570.670.040.330.590.24-0.130.440.790.310.170.790.39-0.770.140.11-0.290.650.170.60.07-0.27-0.050.050.54
0.780.380.430.770.370.840.040.590.340.890.430.340.41-0.010.890.670.340.520.940.640.180.050.640.050.27
0.710.84-0.40.650.870.710.50.860.540.53-0.350.540.59-0.780.150.74-0.510.820.360.830.11-0.280.440.540.27
Click cells to compare fundamentals

Textron Account Relationship Matchups

Textron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.0B15.4B15.8B16.3B16.9B17.0B
Short Long Term Debt Total3.1B3.7B3.9B3.6B3.9B4.5B
Other Current Liab1.2B1.2B1.2B1.2B1.4B1.7B
Total Current Liabilities3.8B3.3B3.1B3.7B4.4B3.3B
Total Stockholder Equity5.5B5.8B6.8B7.1B7.0B4.1B
Property Plant And Equipment Net2.5B2.5B2.5B2.5B2.5B2.1B
Net Debt1.9B1.6B1.3B1.2B1.7B1.6B
Retained Earnings5.7B6.0B5.9B5.9B5.9B4.4B
Cash1.2B2.1B1.9B2.0B2.2B2.3B
Non Current Assets Total8.0B8.0B8.6B8.9B8.5B6.9B
Non Currrent Assets Other2.3B2.2B3.2B3.3B3.7B2.8B
Cash And Short Term Investments1.2B2.1B1.9B2.0B2.2B2.3B
Net Receivables921M787M838M855M1.4B1.3B
Common Stock Shares Outstanding232.7M229.0M226.5M215.0M201.8M238.8M
Liabilities And Stockholders Equity15.0B15.4B15.8B16.3B16.9B17.0B
Non Current Liabilities Total5.7B6.3B5.9B5.5B5.5B6.9B
Inventory4.1B3.5B3.5B3.6B3.9B2.5B
Other Current Assets1.8B1.8B1.0B1.0B929M882.6M
Other Stockholder Equity1.7B1.6B1.7B1.8B1.7B1.8B
Total Liab9.5B9.6B9.0B9.2B9.9B9.3B
Total Current Assets7.1B7.4B7.2B7.4B8.4B7.3B
Short Term Debt561M556M6M7M412M593.2M
Intangible Assets589M489M438M461M399M745.4M
Accounts Payable1.4B776M786M1.0B1.0B958.1M
Property Plant And Equipment Gross2.5B2.5B7.4B7.6B7.7B8.1B
Accumulated Other Comprehensive Income(1.8B)(1.7B)(789M)(612M)(644M)(676.2M)
Good Will2.2B2.2B2.1B2.3B2.3B2.1B
Current Deferred Revenue715M758M1.1B1.4B1.6B1.7B
Other Liab2.1B2.3B2.0B1.6B1.4B1.9B
Other Assets2.0B2.4B3.0B4.1B4.7B4.9B
Long Term Debt3.2B3.2B3.9B3.6B3.5B3.5B
Treasury Stock(20M)(203M)(157M)(84M)(96.6M)(101.4M)
Property Plant Equipment2.5B2.5B2.5B2.5B2.9B2.4B
Net Tangible Assets3.4B3.7B4.7B4.8B5.6B4.4B
Retained Earnings Total Equity5.7B6.0B5.9B5.9B6.8B4.7B
Long Term Debt Total2.6B3.2B3.9B3.6B4.2B3.7B
Non Current Liabilities Other2.3B2.5B2.7B2.3B2.0B2.0B
Capital Surpluse1.7B1.8B1.9B1.9B2.2B1.7B

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Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.