Edgewell Accounts Payable vs Total Current Assets Analysis
EPC Stock | USD 36.70 0.27 0.73% |
Edgewell Personal financial indicator trend analysis is much more than just examining Edgewell Personal Care latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edgewell Personal Care is a good investment. Please check the relationship between Edgewell Personal Accounts Payable and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgewell Personal Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edgewell Personal Care Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Edgewell Personal's Accounts Payable and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Edgewell Personal Care, assuming nothing else is changed. The correlation between historical values of Edgewell Personal's Accounts Payable 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 Accounts Payable of Edgewell Personal Care 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 Accounts Payable i.e., Edgewell Personal's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Edgewell Personal obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Edgewell Personal Care are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Edgewell Personal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edgewell Personal Care 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgewell Personal Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Edgewell Personal's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.22, whereas Discontinued Operations is forecasted to decline to about 17.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 879.4M | 938.4M | 955.7M | 1.4B | Total Revenue | 2.2B | 2.3B | 2.3B | 3.1B |
Edgewell Personal fundamental ratios Correlations
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Edgewell Personal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Edgewell Personal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 54.6M | 55.2M | 53.6M | 51.8M | 50.1M | 56.2M | |
Total Assets | 3.5B | 3.7B | 3.7B | 3.7B | 3.7B | 4.4B | |
Short Long Term Debt Total | 1.3B | 1.3B | 1.4B | 1.4B | 1.3B | 1.6B | |
Other Current Liab | 276.8M | 274.8M | 257.9M | 283.6M | 306.2M | 286.8M | |
Total Current Liabilities | 510.5M | 536.8M | 548M | 523.4M | 563.6M | 657.3M | |
Total Stockholder Equity | 1.4B | 1.6B | 1.5B | 1.5B | 1.6B | 1.5B | |
Property Plant And Equipment Net | 370.9M | 362.6M | 345.5M | 406.4M | 349.1M | 462.7M | |
Net Debt | 894.3M | 781.5M | 1.2B | 1.2B | 1.1B | 1.2B | |
Accounts Payable | 181.9M | 209.5M | 228.8M | 194.4M | 219.3M | 248.0M | |
Cash | 364.7M | 479.2M | 188.7M | 216.4M | 209.1M | 383.2M | |
Non Current Assets Total | 2.6B | 2.5B | 2.8B | 2.8B | 2.8B | 2.8B | |
Non Currrent Assets Other | 98.6M | 107.1M | (33.8M) | 66.7M | 158.7M | 96.3M | |
Cash And Short Term Investments | 364.7M | 479.2M | 188.7M | 216.4M | 209.1M | 383.2M | |
Net Receivables | 158.8M | 150.7M | 136.9M | 106.2M | 109.4M | 103.9M | |
Good Will | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.1B | |
Liabilities And Stockholders Equity | 3.5B | 3.7B | 3.7B | 3.7B | 3.7B | 4.4B | |
Non Current Liabilities Total | 1.6B | 1.6B | 1.7B | 1.7B | 1.6B | 2.0B | |
Inventory | 314.1M | 345.7M | 449.3M | 492.4M | 477.3M | 379.0M | |
Other Current Assets | 146M | 160.1M | 167.3M | 147.4M | 140.2M | 83.2M | |
Other Stockholder Equity | 841.4M | 854.8M | 743.4M | 687.7M | 648.1M | 434.5M | |
Total Liab | 2.1B | 2.1B | 2.3B | 2.2B | 2.1B | 2.9B | |
Property Plant And Equipment Gross | 370.9M | 1.3B | 1.3B | 1.4B | 1.4B | 797.2M | |
Total Current Assets | 983.6M | 1.1B | 942.2M | 962.4M | 936M | 1.2B | |
Accumulated Other Comprehensive Income | (191.6M) | (136.9M) | (216.1M) | (170M) | (154.8M) | (147.1M) | |
Short Term Debt | 30.2M | 37.5M | 27.8M | 33.5M | 24.5M | 23.3M | |
Intangible Assets | 928.1M | 906.4M | 996.6M | 973.8M | 948.5M | 1.1B | |
Other Liab | 325M | 319.3M | 314M | 262.2M | 301.5M | 461.0M | |
Retained Earnings | 782.4M | 865.7M | 931.7M | 1.0B | 1.1B | 1.2B | |
Other Assets | 55.1M | 107.1M | (100K) | 135.2M | 121.7M | 70.2M | |
Long Term Debt | 1.2B | 1.2B | 1.4B | 1.4B | 1.3B | 1.6B | |
Property Plant Equipment | 370.9M | 362.6M | 345.5M | 337.9M | 304.1M | 475.0M | |
Treasury Stock | (803.8M) | (790.4M) | (776.3M) | (860.9M) | (990.0M) | (1.0B) | |
Current Deferred Revenue | 1.7M | 1.4M | 600K | 1.1M | 540K | 513K | |
Net Tangible Assets | 273.2M | (484.9M) | (859.1M) | (764.7M) | (879.4M) | (923.4M) | |
Long Term Debt Total | 1.2B | 1.2B | 1.4B | 1.4B | 1.2B | 1.2B | |
Capital Surpluse | 1.6B | 1.6B | 1.6B | 1.6B | 1.4B | 1.3B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Edgewell Personal Care offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edgewell Personal'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 Edgewell Personal Care Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edgewell Personal Care Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edgewell Personal Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Personal Care Products 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 Edgewell Personal. If investors know Edgewell 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 Edgewell Personal 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 (0.72) | Dividend Share 0.6 | Earnings Share 1.97 | Revenue Per Share 45.346 | Quarterly Revenue Growth (0.03) |
The market value of Edgewell Personal Care is measured differently than its book value, which is the value of Edgewell that is recorded on the company's balance sheet. Investors also form their own opinion of Edgewell Personal's value that differs from its market value or its book value, called intrinsic value, which is Edgewell Personal'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 Edgewell Personal's market value can be influenced by many factors that don't directly affect Edgewell Personal'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 Edgewell Personal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgewell Personal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgewell Personal'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.