Fortive Non Current Assets Total vs Total Current Liabilities Analysis

FTV Stock

USD 79.54 0.02 0.03%

Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Non Current Assets Total and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive 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 estimate.

For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortive Corp Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Fortive Corp's Non Current Assets Total and Total Current Liabilities is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Fortive Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Fortive Corp's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Fortive Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fortive Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive 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 Fortive 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 estimate.

For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.Tax Provision is likely to climb to about 141.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 2 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	3.4B	3.6B	3.7B	3.5B
Total Revenue	5.8B	6.1B	6.2B	4.9B

Gross Profit Total Revenue

Fortive Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	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	Common Stock	Property Plant Equipment	Net Tangible Assets
Common Stock Shares Outstanding		0.43	0.6	0.29	0.43	0.24	0.17	0.39	-0.57	0.41	0.04	-0.33	0.04	0.43	0.3	0.18	0.03	-0.47	0.32	0.43	0.39	-0.02	0.38	-0.49	-0.39	-0.44
Total Assets	0.43		0.78	0.85	0.87	0.89	0.42	0.93	-0.08	0.99	0.52	0.26	0.35	0.97	0.8	0.39	0.51	-0.66	0.89	0.73	0.79	0.51	0.98	-0.83	-0.09	-0.89
Other Current Liab	0.6	0.78		0.62	0.65	0.74	0.32	0.73	-0.01	0.78	0.49	0.12	0.48	0.76	0.69	0.59	0.34	-0.67	0.73	0.61	0.61	0.16	0.74	-0.71	-0.17	-0.73
Total Current Liabilities	0.29	0.85	0.62		0.68	0.88	0.45	0.69	-0.12	0.85	0.51	0.43	0.33	0.8	0.65	0.35	0.77	-0.46	0.82	0.34	0.64	0.85	0.91	-0.7	0.18	-0.8
Total Stockholder Equity	0.43	0.87	0.65	0.68		0.69	0.01	0.91	-0.34	0.9	0.19	-0.13	0.03	0.92	0.43	0.04	0.37	-0.33	0.55	0.74	0.53	0.39	0.89	-0.52	-0.45	-0.62
Other Liab	0.24	0.89	0.74	0.88	0.69		0.55	0.72	0.08	0.87	0.63	0.53	0.54	0.82	0.76	0.51	0.71	-0.5	0.86	0.46	0.72	0.62	0.9	-0.68	0.11	-0.77
Property Plant And Equipment Net	0.17	0.42	0.32	0.45	0.01	0.55		0.14	0.22	0.32	0.55	0.68	0.7	0.23	0.73	0.61	0.29	-0.5	0.7	0.03	0.72	0.32	0.35	-0.57	0.6	-0.54
Current Deferred Revenue	0.39	0.93	0.73	0.69	0.91	0.72	0.14		-0.07	0.96	0.43	0.04	0.18	0.98	0.67	0.29	0.39	-0.62	0.74	0.88	0.6	0.34	0.9	-0.74	-0.29	-0.81
Accounts Payable	-0.57	-0.08	-0.01	-0.12	-0.34	0.08	0.22	-0.07		-0.07	0.49	0.64	0.63	-0.09	0.29	0.62	0.0	-0.19	0.18	0.06	-0.09	-0.19	-0.11	-0.05	0.58	-0.09
Non Current Assets Total	0.41	0.99	0.78	0.85	0.9	0.87	0.32	0.96	-0.07		0.5	0.22	0.32	0.99	0.74	0.38	0.55	-0.62	0.84	0.76	0.69	0.52	0.98	-0.79	-0.13	-0.87
Non Currrent Assets Other	0.04	0.52	0.49	0.51	0.19	0.63	0.55	0.43	0.49	0.5		0.78	0.69	0.46	0.71	0.78	0.44	-0.5	0.7	0.41	0.43	0.29	0.48	-0.5	0.26	-0.59
Other Assets	-0.33	0.26	0.12	0.43	-0.13	0.53	0.68	0.04	0.64	0.22	0.78		0.74	0.12	0.56	0.66	0.44	-0.24	0.56	-0.05	0.37	0.42	0.27	-0.3	0.68	-0.36
Net Receivables	0.04	0.35	0.48	0.33	0.03	0.54	0.7	0.18	0.63	0.32	0.69	0.74		0.26	0.63	0.93	0.27	-0.41	0.58	0.2	0.4	0.03	0.32	-0.41	0.53	-0.49
Good Will	0.43	0.97	0.76	0.8	0.92	0.82	0.23	0.98	-0.09	0.99	0.46	0.12	0.26		0.7	0.34	0.51	-0.61	0.79	0.81	0.64	0.45	0.96	-0.76	-0.21	-0.85
Non Current Liabilities Total	0.3	0.8	0.69	0.65	0.43	0.76	0.73	0.67	0.29	0.74	0.71	0.56	0.63	0.7		0.69	0.37	-0.89	0.97	0.59	0.86	0.31	0.72	-0.92	0.27	-0.89
Inventory	0.18	0.39	0.59	0.35	0.04	0.51	0.61	0.29	0.62	0.38	0.78	0.66	0.93	0.34	0.69		0.29	-0.59	0.63	0.34	0.35	0.01	0.34	-0.53	0.46	-0.61
Other Current Assets	0.03	0.51	0.34	0.77	0.37	0.71	0.29	0.39	0.0	0.55	0.44	0.44	0.27	0.51	0.37	0.29		-0.22	0.53	0.06	0.22	0.78	0.6	-0.36	0.25	-0.55
Other Stockholder Equity	-0.47	-0.66	-0.67	-0.46	-0.33	-0.5	-0.5	-0.62	-0.19	-0.62	-0.5	-0.24	-0.41	-0.61	-0.89	-0.59	-0.22		-0.82	-0.62	-0.68	-0.1	-0.55	0.94	-0.15	0.84
Total Liab	0.32	0.89	0.73	0.82	0.55	0.86	0.7	0.74	0.18	0.84	0.7	0.56	0.58	0.79	0.97	0.63	0.53	-0.82		0.56	0.86	0.51	0.84	-0.93	0.26	-0.94
Property Plant And Equipment Gross	0.43	0.73	0.61	0.34	0.74	0.46	0.03	0.88	0.06	0.76	0.41	-0.05	0.2	0.81	0.59	0.34	0.06	-0.62	0.56		0.45	-0.08	0.65	-0.62	-0.41	-0.65
Total Current Assets	0.39	0.79	0.61	0.64	0.53	0.72	0.72	0.6	-0.09	0.69	0.43	0.37	0.4	0.64	0.86	0.35	0.22	-0.68	0.86	0.45		0.36	0.73	-0.82	0.08	-0.72
Short Term Debt	-0.02	0.51	0.16	0.85	0.39	0.62	0.32	0.34	-0.19	0.52	0.29	0.42	0.03	0.45	0.31	0.01	0.78	-0.1	0.51	-0.08	0.36		0.62	-0.37	0.32	-0.47
Intangible Assets	0.38	0.98	0.74	0.91	0.89	0.9	0.35	0.9	-0.11	0.98	0.48	0.27	0.32	0.96	0.72	0.34	0.6	-0.55	0.84	0.65	0.73	0.62		-0.77	-0.07	-0.85
Common Stock	-0.49	-0.83	-0.71	-0.7	-0.52	-0.68	-0.57	-0.74	-0.05	-0.79	-0.5	-0.3	-0.41	-0.76	-0.92	-0.53	-0.36	0.94	-0.93	-0.62	-0.82	-0.37	-0.77		-0.17	0.95
Property Plant Equipment	-0.39	-0.09	-0.17	0.18	-0.45	0.11	0.6	-0.29	0.58	-0.13	0.26	0.68	0.53	-0.21	0.27	0.46	0.25	-0.15	0.26	-0.41	0.08	0.32	-0.07	-0.17		-0.19
Net Tangible Assets	-0.44	-0.89	-0.73	-0.8	-0.62	-0.77	-0.54	-0.81	-0.09	-0.87	-0.59	-0.36	-0.49	-0.85	-0.89	-0.61	-0.55	0.84	-0.94	-0.65	-0.72	-0.47	-0.85	0.95	-0.19

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Fortive Corp Account Relationship Matchups

Fortive Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	359M	352.3M	360.8M	355.6M	352.8M	385.2M
Total Assets	16.1B	16.5B	15.9B	16.9B	17.0B	14.0B
Other Current Liab	444.3M	405.5M	423.9M	470.7M	1.0B	1.1B
Total Current Liabilities	2.9B	3.7B	2.7B	1.8B	2.2B	2.4B
Total Stockholder Equity	9.0B	9.5B	9.7B	10.3B	10.2B	7.8B
Other Liab	1.6B	1.2B	1.3B	1.1B	1.3B	1.1B
Property Plant And Equipment Net	610.7M	571.1M	421.9M	594.8M	433.1M	609.1M
Current Deferred Revenue	376.4M	457.6M	509.6M	544.6M	626.3M	350.2M
Accounts Payable	480.8M	557.9M	623M	608.6M	677.4M	514.1M
Non Current Assets Total	11.6B	14.0B	13.4B	13.2B	14.4B	11.0B
Non Currrent Assets Other	344.1M	337.3M	455.8M	363.9M	494.7M	457.1M
Other Assets	344.1M	337.3M	455.8M	1.0	1.15	1.09
Net Receivables	1.4B	810.3M	930.2M	958.5M	1.1B	1.1B
Good Will	7.4B	9.2B	9.0B	9.1B	10.2B	7.4B
Liabilities And Stockholders Equity	16.1B	16.5B	15.9B	16.9B	17.0B	14.0B
Non Current Liabilities Total	4.2B	3.2B	3.5B	4.8B	4.6B	3.9B
Inventory	455.5M	512.7M	536.7M	536.9M	544.8M	591.7M
Other Current Assets	237.1M	505.4M	272.6M	177.1M	288.8M	287.4M
Other Stockholder Equity	3.6B	3.7B	3.3B	3.1B	2.4B	2.8B
Total Liab	7.1B	6.9B	6.2B	6.6B	6.8B	6.3B
Property Plant And Equipment Gross	610.7M	571.1M	1.2B	1.2B	1.3B	814.1M
Total Current Assets	4.4B	2.5B	2.5B	3.7B	2.6B	3.0B
Accumulated Other Comprehensive Income	(141.1M)	(185M)	(325.7M)	(326.1M)	(465.4M)	(442.1M)
Short Term Debt	1.5B	2.2B	1.0B	37.6M	413M	392.4M
Intangible Assets	3.3B	3.9B	3.5B	3.2B	3.3B	2.6B
Property Plant Equipment	585M	422M	571.1M	421.9M	379.7M	414.8M
Net Tangible Assets	(3.4B)	(1.5B)	(3.5B)	(2.9B)	(2.6B)	(2.7B)
Retained Earnings	5.5B	6.0B	6.7B	7.5B	8.2B	4.8B
Cash	1.8B	819.3M	709.2M	1.9B	813.3M	1.2B
Long Term Debt	2.8B	1.8B	2.3B	3.6B	3.3B	2.6B
Cash And Short Term Investments	2.9B	819.3M	709.2M	1.9B	813.3M	1.2B
Short Long Term Debt Total	4.4B	4.1B	3.3B	3.8B	3.7B	3.3B
Noncontrolling Interest In Consolidated Entity	17.4M	13.2M	8.5M	4.8M	4.3M	4.1M
Net Debt	2.6B	3.3B	2.5B	1.9B	2.9B	2.4B
Retained Earnings Total Equity	3.6B	4.1B	5.5B	6.0B	6.9B	3.9B
Long Term Debt Total	4.8B	2.8B	1.8B	2.3B	2.0B	2.5B
Capital Surpluse	3.3B	3.6B	3.7B	3.7B	4.3B	3.5B
Short Long Term Debt	1.4B	2.2B	999.7M	376.2M	338.6M	321.7M

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