Cooper Change To Inventory vs Capital Expenditures Analysis

COO Stock

USD 99.28 0.20 0.20%

Cooper Companies, financial indicator trend analysis is way more than just evaluating Cooper Companies, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Companies, is a good investment. Please check the relationship between Cooper Companies, Change To Inventory and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Companies, Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cooper Companies,'s Change To Inventory and Capital Expenditures is -0.65. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of The Cooper Companies,, assuming nothing else is changed. The correlation between historical values of Cooper Companies,'s Change To Inventory and Capital Expenditures 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 The Cooper Companies, are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Cooper Companies,'s Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Change To Inventory

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

Capital Expenditures

Capital Expenditures are funds used by Cooper Companies, to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cooper Companies, operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Cooper Companies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Companies, 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Cooper Companies,'s Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 112.2 M, while Sales General And Administrative To Revenue is likely to drop 0.31.

	2021	2022	2023	2024 (projected)
Interest Expense	57.3M	105.3M	114.3M	120.0M
Depreciation And Amortization	378.3M	367.7M	422.9M	444.0M

Interest Expense Depreciation And Amortization

Cooper Companies, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.25	0.9	0.85	0.99	0.95	0.23	0.99	0.33	1.0	0.89	0.34	0.98	0.87	0.96	0.97	0.96	0.25	0.96	0.91	0.98	0.06	0.92	0.97	0.55	0.68
Short Long Term Debt Total	0.25		0.3	0.44	0.18	0.26	1.0	0.2	0.36	0.26	-0.12	0.36	0.14	0.31	0.32	0.19	0.09	0.33	0.37	-0.05	0.15	0.54	0.39	0.27	0.33	-0.48
Other Current Liab	0.9	0.3		0.85	0.87	0.89	0.29	0.86	0.2	0.9	0.74	0.2	0.92	0.8	0.9	0.93	0.89	0.41	0.92	0.79	0.92	0.18	0.92	0.91	0.68	0.64
Total Current Liabilities	0.85	0.44	0.85		0.8	0.84	0.43	0.82	0.41	0.85	0.7	0.41	0.85	0.92	0.84	0.85	0.76	0.24	0.91	0.67	0.85	0.56	0.9	0.86	0.53	0.47
Total Stockholder Equity	0.99	0.18	0.87	0.8		0.94	0.16	1.0	0.31	0.99	0.89	0.31	0.97	0.85	0.92	0.95	0.96	0.25	0.92	0.93	0.97	-0.02	0.87	0.95	0.54	0.69
Property Plant And Equipment Net	0.95	0.26	0.89	0.84	0.94		0.25	0.93	0.23	0.94	0.78	0.24	0.95	0.88	0.9	0.98	0.93	0.37	0.92	0.92	0.96	0.11	0.86	0.95	0.65	0.65
Net Debt	0.23	1.0	0.29	0.43	0.16	0.25		0.18	0.32	0.24	-0.14	0.32	0.12	0.29	0.31	0.17	0.07	0.35	0.35	-0.06	0.13	0.54	0.37	0.25	0.34	-0.5
Retained Earnings	0.99	0.2	0.86	0.82	1.0	0.93	0.18		0.38	0.99	0.89	0.39	0.97	0.87	0.93	0.94	0.96	0.19	0.93	0.92	0.97	0.01	0.89	0.94	0.48	0.66
Cash	0.33	0.36	0.2	0.41	0.31	0.23	0.32	0.38		0.34	0.28	1.0	0.3	0.43	0.34	0.23	0.28	-0.25	0.37	0.19	0.32	0.25	0.44	0.29	-0.12	-0.05
Non Current Assets Total	1.0	0.26	0.9	0.85	0.99	0.94	0.24	0.99	0.34		0.89	0.34	0.98	0.86	0.96	0.96	0.96	0.25	0.96	0.91	0.98	0.06	0.92	0.97	0.54	0.66
Non Currrent Assets Other	0.89	-0.12	0.74	0.7	0.89	0.78	-0.14	0.89	0.28	0.89		0.28	0.9	0.69	0.86	0.85	0.86	0.02	0.85	0.86	0.89	-0.12	0.77	0.87	0.31	0.85
Cash And Short Term Investments	0.34	0.36	0.2	0.41	0.31	0.24	0.32	0.39	1.0	0.34	0.28		0.3	0.43	0.34	0.23	0.29	-0.25	0.37	0.19	0.32	0.25	0.44	0.29	-0.12	-0.05
Net Receivables	0.98	0.14	0.92	0.85	0.97	0.95	0.12	0.97	0.3	0.98	0.9	0.3		0.88	0.94	0.98	0.97	0.22	0.95	0.94	1.0	0.06	0.92	0.96	0.53	0.76
Common Stock Shares Outstanding	0.87	0.31	0.8	0.92	0.85	0.88	0.29	0.87	0.43	0.86	0.69	0.43	0.88		0.78	0.85	0.83	0.16	0.84	0.78	0.87	0.39	0.86	0.83	0.45	0.5
Non Current Liabilities Total	0.96	0.32	0.9	0.84	0.92	0.9	0.31	0.93	0.34	0.96	0.86	0.34	0.94	0.78		0.93	0.91	0.23	0.99	0.84	0.94	0.07	0.94	0.95	0.51	0.65
Inventory	0.97	0.19	0.93	0.85	0.95	0.98	0.17	0.94	0.23	0.96	0.85	0.23	0.98	0.85	0.93		0.94	0.36	0.94	0.92	0.99	0.08	0.88	0.98	0.65	0.74
Other Current Assets	0.96	0.09	0.89	0.76	0.96	0.93	0.07	0.96	0.28	0.96	0.86	0.29	0.97	0.83	0.91	0.94		0.19	0.9	0.95	0.97	-0.06	0.89	0.9	0.49	0.76
Other Stockholder Equity	0.25	0.33	0.41	0.24	0.25	0.37	0.35	0.19	-0.25	0.25	0.02	-0.25	0.22	0.16	0.23	0.36	0.19		0.24	0.16	0.25	0.11	0.18	0.36	0.93	0.05
Total Liab	0.96	0.37	0.92	0.91	0.92	0.92	0.35	0.93	0.37	0.96	0.85	0.37	0.95	0.84	0.99	0.94	0.9	0.24		0.83	0.95	0.2	0.96	0.96	0.53	0.62
Property Plant And Equipment Gross	0.91	-0.05	0.79	0.67	0.93	0.92	-0.06	0.92	0.19	0.91	0.86	0.19	0.94	0.78	0.84	0.92	0.95	0.16	0.83		0.94	-0.18	0.77	0.86	0.45	0.8
Total Current Assets	0.98	0.15	0.92	0.85	0.97	0.96	0.13	0.97	0.32	0.98	0.89	0.32	1.0	0.87	0.94	0.99	0.97	0.25	0.95	0.94		0.05	0.91	0.96	0.56	0.75
Short Term Debt	0.06	0.54	0.18	0.56	-0.02	0.11	0.54	0.01	0.25	0.06	-0.12	0.25	0.06	0.39	0.07	0.08	-0.06	0.11	0.2	-0.18	0.05		0.24	0.1	0.19	-0.24
Intangible Assets	0.92	0.39	0.92	0.9	0.87	0.86	0.37	0.89	0.44	0.92	0.77	0.44	0.92	0.86	0.94	0.88	0.89	0.18	0.96	0.77	0.91	0.24		0.89	0.47	0.55
Accounts Payable	0.97	0.27	0.91	0.86	0.95	0.95	0.25	0.94	0.29	0.97	0.87	0.29	0.96	0.83	0.95	0.98	0.9	0.36	0.96	0.86	0.96	0.1	0.89		0.63	0.67
Common Stock Total Equity	0.55	0.33	0.68	0.53	0.54	0.65	0.34	0.48	-0.12	0.54	0.31	-0.12	0.53	0.45	0.51	0.65	0.49	0.93	0.53	0.45	0.56	0.19	0.47	0.63		0.32
Common Stock	0.68	-0.48	0.64	0.47	0.69	0.65	-0.5	0.66	-0.05	0.66	0.85	-0.05	0.76	0.5	0.65	0.74	0.76	0.05	0.62	0.8	0.75	-0.24	0.55	0.67	0.32

Click cells to compare fundamentals

Cooper Companies, Account Relationship Matchups

Cooper Companies, fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	9.6B	11.5B	11.7B	12.3B	12.9B
Short Long Term Debt Total	2.0B	1.7B	2.8B	2.6B	33.3M	31.6M
Other Current Liab	385.8M	468.3M	525.2M	538.1M	599.1M	629.1M
Total Current Liabilities	1.0B	732.1M	1.3B	969M	1.0B	1.1B
Total Stockholder Equity	3.8B	6.9B	7.2B	7.6B	8.1B	8.5B
Property Plant And Equipment Net	1.5B	1.6B	1.4B	1.9B	1.9B	2.0B
Net Debt	1.9B	1.6B	2.6B	2.4B	(74.3M)	(70.6M)
Retained Earnings	3.3B	6.2B	6.6B	6.9B	7.3B	7.6B
Cash	115.9M	95.9M	138.2M	120.8M	107.6M	56.8M
Non Current Assets Total	5.5B	8.1B	10.0B	10.0B	10.4B	10.9B
Non Currrent Assets Other	104.8M	127M	463.4M	395.6M	660.6M	693.6M
Cash And Short Term Investments	115.9M	95.9M	138.2M	120.9M	107.6M	57.3M
Net Receivables	435.4M	515.3M	557.8M	609.7M	717M	752.9M
Common Stock Shares Outstanding	200M	198.4M	199.2M	198.8M	200.4M	210.4M
Liabilities And Stockholders Equity	6.7B	9.6B	11.5B	11.7B	12.3B	12.9B
Non Current Liabilities Total	1.9B	1.9B	3.0B	3.1B	3.2B	3.4B
Inventory	570.4M	585.6M	628.7M	735.6M	802.7M	842.8M
Other Current Assets	152.5M	268.5M	208.9M	238.7M	324.2M	340.4M
Other Stockholder Equity	1.0B	1.1B	1.1B	1.1B	1.2B	710.7M
Total Liab	2.9B	2.7B	4.3B	4.1B	4.2B	4.4B
Property Plant And Equipment Gross	1.5B	2.7B	1.4B	3.2B	3.7B	3.8B
Total Current Assets	1.3B	1.5B	1.5B	1.7B	2.0B	2.0B
Accumulated Other Comprehensive Income	(472M)	(341.3M)	(466.8M)	(453.8M)	(421.7M)	(400.6M)
Short Term Debt	442.6M	83.4M	412.6M	45.4M	33.3M	31.6M
Intangible Assets	1.3B	1.3B	1.9B	1.7B	1.8B	1.9B
Accounts Payable	176M	161.4M	248.8M	261.9M	260.5M	273.5M
Other Liab	271.1M	304.3M	686.6M	615.1M	707.4M	742.7M
Other Assets	184.9M	2.7B	3.0B	3.0B	3.4B	3.6B
Long Term Debt	1.4B	1.4B	2.4B	2.5B	2.9B	3.0B
Good Will	2.4B	2.6B	3.6B	3.6B	3.8B	4.0B
Property Plant Equipment	1.3B	1.6B	1.4B	1.6B	1.9B	2.0B
Current Deferred Revenue	(176M)	(161.4M)	93.6M	123.6M	129.9M	136.4M
Net Tangible Assets	88.3M	3.1B	1.7B	2.2B	2.5B	2.7B
Retained Earnings Total Equity	3.0B	3.3B	6.2B	6.6B	7.6B	8.0B

Pair Trading with Cooper Companies,

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 Cooper Companies, 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 Cooper Companies, will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cooper Stock

0.68

Cigna Corp Downward Rally

Pair Corr

Moving against Cooper Stock

0.81	MD	Mednax Inc	Pair Corr
0.79	VREX	Varex Imaging Corp	Pair Corr
0.78	ECOR	Electrocore LLC	Pair Corr
0.73	DOCS	Doximity	Pair Corr
0.71	LH	Laboratory	Pair Corr

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

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

How To Invest In Cooper

Details

Is Cooper Stock a good investment?

Details

What is Cooper Companies,'s Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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 Cooper Companies,. If investors know Cooper 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 Cooper Companies, 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

0.209

Earnings Share

1.96

Revenue Per Share

19.14

Quarterly Revenue Growth

0.078

Return On Assets

0.0339

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cooper Change To Inventory vs Capital Expenditures Analysis

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Inventory

Capital Expenditures

Cooper Companies, fundamental ratios Correlations

Cooper Companies, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cooper Companies, fundamental ratios Accounts

Pair Trading with Cooper Companies,

Moving together with Cooper Stock

Moving against Cooper Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables
Total Stockholder Equity	+ 0.99	Total Assets

Common Stock	- 0.5	Net Debt
Common Stock	- 0.48	Short Long Term Debt Total
Other Stockholder Equity	- 0.25	Cash And Short Term Investments
Other Stockholder Equity	- 0.25	Cash
Common Stock	- 0.24	Short Term Debt
Short Term Debt	- 0.18	Property Plant And Equipment Gross