Fortive Other Liab vs Total Liab Analysis

FTV Stock  USD 78.28  0.04  0.05%   
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 Other Liab and its Total Liab 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.

Other Liab vs Total Liab

Other Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortive Corp Other Liab account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fortive Corp's Other Liab and Total Liab is 0.86. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Liab 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 Other Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Fortive Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Liab i.e., Fortive Corp's Other Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 145.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.9 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.4B3.6B3.4B
Total Revenue5.3B5.8B6.1B4.8B

Fortive Corp fundamental ratios Correlations

0.420.250.290.430.250.210.45-0.590.410.03-0.330.050.430.290.180.02-0.470.310.450.39-0.140.37-0.5-0.41-0.45
0.420.860.880.860.910.560.95-0.140.990.480.350.410.980.790.390.52-0.610.890.70.830.560.98-0.83-0.01-0.88
0.250.860.770.630.850.580.740.160.830.480.490.640.780.80.570.39-0.60.850.490.790.410.85-0.770.21-0.79
0.290.880.770.710.850.490.77-0.130.890.510.460.340.850.650.350.76-0.460.820.350.640.830.93-0.70.23-0.82
0.430.860.630.710.720.140.9-0.430.880.11-0.050.070.910.380.010.37-0.220.520.680.560.460.88-0.49-0.39-0.58
0.250.910.850.850.720.670.780.030.90.590.560.590.860.770.50.66-0.480.860.50.780.570.91-0.680.13-0.78
0.210.560.580.490.140.670.360.270.480.660.650.70.420.840.670.33-0.670.80.230.750.240.46-0.680.49-0.64
0.450.950.740.770.90.780.36-0.190.970.380.170.280.980.680.30.41-0.560.760.830.70.450.93-0.76-0.18-0.84
-0.59-0.140.16-0.13-0.430.030.27-0.19-0.140.480.70.65-0.180.260.61-0.01-0.150.16-0.01-0.1-0.1-0.16-0.010.68-0.06
0.410.990.830.890.880.90.480.97-0.140.470.330.390.990.730.370.57-0.550.840.710.740.580.99-0.78-0.02-0.87
0.030.480.480.510.110.590.660.380.480.470.860.730.420.70.780.43-0.460.690.350.440.30.44-0.470.37-0.58
-0.330.350.490.46-0.050.560.650.170.70.330.860.730.250.630.690.47-0.340.620.070.380.430.34-0.360.66-0.43
0.050.410.640.340.070.590.70.280.650.390.730.730.340.670.950.28-0.470.620.30.41-0.020.36-0.450.48-0.53
0.430.980.780.850.910.860.420.98-0.180.990.420.250.340.690.330.53-0.540.80.760.70.540.97-0.76-0.09-0.86
0.290.790.80.650.380.770.840.680.260.730.70.630.670.690.690.37-0.890.970.570.870.320.71-0.920.33-0.88
0.180.390.570.350.010.50.670.30.610.370.780.690.950.330.690.29-0.60.630.340.35-0.030.33-0.530.5-0.61
0.020.520.390.760.370.660.330.41-0.010.570.430.470.280.530.370.29-0.20.530.020.220.770.6-0.350.33-0.56
-0.47-0.61-0.6-0.46-0.22-0.48-0.67-0.56-0.15-0.55-0.46-0.34-0.47-0.54-0.89-0.6-0.2-0.82-0.55-0.72-0.12-0.510.94-0.280.84
0.310.890.850.820.520.860.80.760.160.840.690.620.620.80.970.630.53-0.820.550.870.510.84-0.930.32-0.94
0.450.70.490.350.680.50.230.83-0.010.710.350.070.30.760.570.340.02-0.550.550.52-0.020.62-0.61-0.34-0.63
0.390.830.790.640.560.780.750.7-0.10.740.440.380.410.70.870.350.22-0.720.870.520.330.75-0.830.03-0.73
-0.140.560.410.830.460.570.240.45-0.10.580.30.43-0.020.540.32-0.030.77-0.120.51-0.020.330.65-0.360.36-0.48
0.370.980.850.930.880.910.460.93-0.160.990.440.340.360.970.710.330.6-0.510.840.620.750.65-0.750.0-0.84
-0.5-0.83-0.77-0.7-0.49-0.68-0.68-0.76-0.01-0.78-0.47-0.36-0.45-0.76-0.92-0.53-0.350.94-0.93-0.61-0.83-0.36-0.75-0.230.94
-0.41-0.010.210.23-0.390.130.49-0.180.68-0.020.370.660.48-0.090.330.50.33-0.280.32-0.340.030.360.0-0.23-0.26
-0.45-0.88-0.79-0.82-0.58-0.78-0.64-0.84-0.06-0.87-0.58-0.43-0.53-0.86-0.88-0.61-0.560.84-0.94-0.63-0.73-0.48-0.840.94-0.26
Click cells to compare fundamentals

Fortive Corp Account Relationship Matchups

Fortive Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding340M359M352.3M360.8M355.6M384.9M
Total Assets17.4B16.1B16.5B15.9B16.9B13.6B
Other Current Liab736.7M444.3M405.5M423.9M470.7M379.0M
Total Current Liabilities3.5B2.9B3.7B2.7B1.8B2.4B
Total Stockholder Equity7.4B9.0B9.5B9.7B10.3B7.4B
Other Liab1.6B1.2B1.3B1.1B1.3B1.1B
Property Plant And Equipment Net726.3M610.7M571.1M421.9M594.8M621.1M
Current Deferred Revenue410.1M376.4M457.6M509.6M544.6M350.2M
Accounts Payable765.5M480.8M557.9M623M608.6M511.5M
Non Current Assets Total13.8B11.6B14.0B13.4B13.2B10.6B
Non Currrent Assets Other779.6M344.1M337.3M455.8M363.9M449.2M
Other Assets2.3B344.1M337.3M455.8M1.00.95
Net Receivables1.4B810.3M930.2M958.5M1.1B1.1B
Good Will8.4B7.4B9.2B9.0B9.1B7.0B
Liabilities And Stockholders Equity17.4B16.1B16.5B15.9B16.9B13.6B
Non Current Liabilities Total6.6B4.2B3.2B3.5B4.8B3.8B
Inventory640.3M455.5M512.7M536.7M536.9M591.0M
Other Current Assets458.8M237.1M505.4M272.6M177.1M284.7M
Other Stockholder Equity3.3B3.6B3.7B3.3B3.1B2.9B
Total Liab10.0B7.1B6.9B6.2B6.6B6.2B
Property Plant And Equipment Gross726.3M610.7M571.1M1.2B1.2B762.0M
Total Current Assets3.7B4.4B2.5B2.5B3.7B3.0B
Accumulated Other Comprehensive Income(56.3M)(141.1M)(185M)(325.7M)(326.1M)(309.8M)
Short Term Debt1.6B1.5B2.2B1.0B37.6M35.7M
Intangible Assets3.8B3.3B3.9B3.5B3.2B2.5B
Property Plant Equipment585M422M571.1M421.9M379.7M414.8M
Net Tangible Assets(3.4B)(1.5B)(3.5B)(2.9B)(2.6B)(2.7B)
Retained Earnings4.1B5.5B6.0B6.7B7.5B4.4B
Cash1.2B1.8B819.3M709.2M1.9B1.2B
Long Term Debt4.8B2.8B1.8B2.3B3.6B2.6B
Cash And Short Term Investments1.2B2.9B819.3M709.2M1.9B1.3B
Short Long Term Debt Total6.5B4.4B4.1B3.3B3.8B3.4B
Noncontrolling Interest In Consolidated Entity17.4M13.2M8.5M4.8M4.3M4.1M
Net Debt5.3B2.6B3.3B2.5B1.9B2.4B
Retained Earnings Total Equity3.6B4.1B5.5B6.0B6.9B3.9B
Long Term Debt Total4.8B2.8B1.8B2.3B2.0B2.5B
Capital Surpluse3.3B3.6B3.7B3.7B4.3B3.5B
Short Long Term Debt1.5B1.4B2.2B999.7M899.7M1.6B

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Additional Tools for Fortive Stock Analysis

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