ESAB Research Development vs Discontinued Operations Analysis
ESAB Stock | USD 117.93 0.40 0.34% |
ESAB Corp financial indicator trend analysis is much more than just examining ESAB Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESAB Corp is a good investment. Please check the relationship between ESAB Corp Research Development and its Discontinued Operations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
Research Development vs Discontinued Operations
Research Development vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESAB Corp Research Development account and Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between ESAB Corp's Research Development and Discontinued Operations is 0.78. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of ESAB Corp, assuming nothing else is changed. The correlation between historical values of ESAB Corp's Research Development and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of ESAB Corp are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Research Development i.e., ESAB Corp's Research Development and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Research Development
Discontinued Operations
Most indicators from ESAB Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESAB Corp 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 ESAB Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Tax Provision is forecasted to decline to about 71.2 M.
2022 | 2023 | 2024 | 2025 (projected) | |
Interest Expense | 38.0M | 85.1M | 97.8M | 56.3M |
Depreciation And Amortization | 65.1M | 69.7M | 62.7M | 60.3M |
ESAB Corp fundamental ratios Correlations
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ESAB Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESAB Corp fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 3.4B | 3.5B | 3.8B | 3.8B | 4.4B | 3.9B | |
Short Long Term Debt Total | 97.0M | 109.2M | 1.2B | 1.1B | 1.3B | 1.3B | |
Other Current Liab | 127.9M | 149.5M | 191.1M | 213.8M | 245.8M | 194.2M | |
Total Current Liabilities | 460.8M | 596.6M | 601.6M | 620.1M | 713.1M | 597.3M | |
Total Stockholder Equity | 2.5B | 2.5B | 1.4B | 1.6B | 1.4B | 1.7B | |
Property Plant And Equipment Net | 395.9M | 394.2M | 376.3M | 389.9M | 350.9M | 313.0M | |
Net Debt | 47.8M | 68.0M | 1.2B | 1.0B | 1.2B | 1.2B | |
Accounts Payable | 241.3M | 345.5M | 316.3M | 306.6M | 352.6M | 317.9M | |
Cash | 49.2M | 41.2M | 72.0M | 102.0M | 117.3M | 81.2M | |
Non Current Assets Total | 2.6B | 2.5B | 2.8B | 2.8B | 3.3B | 2.9B | |
Non Currrent Assets Other | 54.4M | 48.5M | 342.2M | 343.6M | 395.2M | 414.9M | |
Other Assets | 54.4M | 48.5M | 342.2M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 49.2M | 41.2M | 72.0M | 102.0M | 117.3M | 81.2M | |
Net Receivables | 329.6M | 383.5M | 374.3M | 385.2M | 443.0M | 404.1M | |
Good Will | 1.6B | 1.5B | 1.5B | 1.6B | 1.8B | 1.7B | |
Liabilities And Stockholders Equity | 3.4B | 3.5B | 3.8B | 3.8B | 4.4B | 3.9B | |
Non Current Liabilities Total | 380.2M | 362.9M | 1.8B | 1.6B | 1.8B | 977.2M | |
Inventory | 313.4M | 420.1M | 416.8M | 392.9M | 451.8M | 416.4M | |
Other Current Assets | 112.8M | 119.3M | 125.5M | 117.7M | 135.3M | 130.0M | |
Other Stockholder Equity | (396.2M) | (2.9B) | 1.9B | 1.9B | 2.2B | 2.3B | |
Total Liab | 841.1M | 959.5M | 2.4B | 2.2B | 2.5B | 1.6B | |
Total Current Assets | 804.9M | 964.1M | 988.7M | 997.7M | 1.1B | 1.0B | |
Accumulated Other Comprehensive Income | (396.2M) | (460.9M) | (675.0M) | (624.3M) | (561.8M) | (589.9M) | |
Intangible Assets | 577.4M | 521.4M | 517.2M | 499.5M | 449.6M | 431.7M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Industrial Machinery & Supplies & Components 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 ESAB Corp. If investors know ESAB 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 ESAB Corp 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 0.179 | Dividend Share 0.28 | Earnings Share 4.45 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
The market value of ESAB Corp is measured differently than its book value, which is the value of ESAB that is recorded on the company's balance sheet. Investors also form their own opinion of ESAB Corp's value that differs from its market value or its book value, called intrinsic value, which is ESAB Corp'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 ESAB Corp's market value can be influenced by many factors that don't directly affect ESAB Corp'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 ESAB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESAB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESAB Corp'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.