McCormick Dividend Yield vs Interest Coverage Analysis

MKC-V Stock

USD 75.12 0.72 0.97%

McCormick Company financial indicator trend analysis is infinitely more than just investigating McCormick Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McCormick Company is a good investment. Please check the relationship between McCormick Company Dividend Yield and its Interest Coverage accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McCormick Company Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Interest Coverage

Dividend Yield vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McCormick Company Dividend Yield account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between McCormick Company's Dividend Yield and Interest Coverage is -0.1. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of McCormick Company Incorporated, assuming nothing else is changed. The correlation between historical values of McCormick Company's Dividend Yield and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of McCormick Company Incorporated are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Dividend Yield i.e., McCormick Company's Dividend Yield and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Dividend Yield

Dividend Yield is McCormick Company Incorporated dividend as a percentage of McCormick Company stock price. McCormick Company dividend yield is a measure of McCormick Company stock productivity, which can be interpreted as interest rate earned on an McCormick Company investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Interest Coverage

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

At this time, McCormick Company's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 20.6 B in 2025, whereas Selling General Administrative is likely to drop slightly above 961.7 M in 2025.

	2021	2022	2024	2025 (projected)
Interest Expense	149.1M	208.2M	239.4M	251.4M
Depreciation And Amortization	200.6M	199.3M	229.2M	240.7M

Interest Expense Depreciation And Amortization

McCormick Company 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	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Common Stock Total Equity
Total Assets		0.97	0.94	0.98	0.97	0.94	0.97	0.94	0.71	1.0	0.63	0.71	0.62	-0.53	0.95	0.92	0.49	-0.14	0.99	0.91	0.94	0.98	0.98	0.99	1.0	0.87
Short Long Term Debt Total	0.97		0.88	0.92	0.88	0.85	1.0	0.84	0.73	0.98	0.61	0.73	0.6	-0.47	0.99	0.84	0.34	-0.12	0.99	0.84	0.89	0.98	0.91	0.94	0.98	0.87
Other Current Liab	0.94	0.88		0.93	0.93	0.93	0.87	0.91	0.65	0.93	0.51	0.65	0.59	-0.58	0.86	0.91	0.5	-0.31	0.91	0.89	0.85	0.9	0.93	0.95	0.92	0.79
Total Current Liabilities	0.98	0.92	0.93		0.98	0.96	0.91	0.97	0.76	0.97	0.6	0.76	0.6	-0.53	0.87	0.97	0.58	-0.12	0.95	0.95	0.98	0.94	0.99	0.97	0.96	0.85
Total Stockholder Equity	0.97	0.88	0.93	0.98		0.99	0.88	0.99	0.61	0.96	0.64	0.61	0.59	-0.53	0.84	0.95	0.59	-0.14	0.92	0.91	0.93	0.93	0.99	0.98	0.95	0.81
Property Plant And Equipment Net	0.94	0.85	0.93	0.96	0.99		0.85	0.99	0.55	0.94	0.59	0.55	0.57	-0.54	0.81	0.94	0.61	-0.17	0.89	0.9	0.9	0.9	0.97	0.96	0.93	0.78
Net Debt	0.97	1.0	0.87	0.91	0.88	0.85		0.84	0.7	0.98	0.61	0.7	0.59	-0.47	0.99	0.83	0.33	-0.12	0.99	0.83	0.88	0.98	0.91	0.94	0.98	0.87
Retained Earnings	0.94	0.84	0.91	0.97	0.99	0.99	0.84		0.61	0.93	0.64	0.61	0.54	-0.48	0.79	0.94	0.59	-0.16	0.88	0.9	0.93	0.9	0.98	0.95	0.92	0.79
Cash	0.71	0.73	0.65	0.76	0.61	0.55	0.7	0.61		0.69	0.38	1.0	0.48	-0.34	0.69	0.72	0.38	0.01	0.74	0.77	0.82	0.69	0.71	0.66	0.69	0.69
Non Current Assets Total	1.0	0.98	0.93	0.97	0.96	0.94	0.98	0.93	0.69		0.65	0.69	0.6	-0.5	0.96	0.9	0.45	-0.16	0.99	0.89	0.93	0.99	0.97	0.99	1.0	0.87
Non Currrent Assets Other	0.63	0.61	0.51	0.6	0.64	0.59	0.61	0.64	0.38	0.65		0.38	0.4	-0.16	0.59	0.52	0.23	-0.06	0.61	0.48	0.59	0.65	0.66	0.65	0.64	0.69
Cash And Short Term Investments	0.71	0.73	0.65	0.76	0.61	0.55	0.7	0.61	1.0	0.69	0.38		0.48	-0.34	0.69	0.72	0.38	0.01	0.74	0.77	0.82	0.69	0.71	0.66	0.69	0.69
Net Receivables	0.62	0.6	0.59	0.6	0.59	0.57	0.59	0.54	0.48	0.6	0.4	0.48		-0.75	0.6	0.67	0.59	0.1	0.62	0.72	0.55	0.54	0.59	0.65	0.6	0.83
Common Stock Shares Outstanding	-0.53	-0.47	-0.58	-0.53	-0.53	-0.54	-0.47	-0.48	-0.34	-0.5	-0.16	-0.34	-0.75		-0.5	-0.66	-0.73	-0.03	-0.52	-0.72	-0.42	-0.4	-0.52	-0.61	-0.5	-0.5
Non Current Liabilities Total	0.95	0.99	0.86	0.87	0.84	0.81	0.99	0.79	0.69	0.96	0.59	0.69	0.6	-0.5		0.79	0.3	-0.14	0.98	0.8	0.83	0.97	0.87	0.92	0.96	0.86
Inventory	0.92	0.84	0.91	0.97	0.95	0.94	0.83	0.94	0.72	0.9	0.52	0.72	0.67	-0.66	0.79		0.72	-0.04	0.88	0.99	0.94	0.85	0.96	0.94	0.89	0.8
Other Current Assets	0.49	0.34	0.5	0.58	0.59	0.61	0.33	0.59	0.38	0.45	0.23	0.38	0.59	-0.73	0.3	0.72		0.11	0.41	0.74	0.54	0.35	0.56	0.55	0.43	0.41
Other Stockholder Equity	-0.14	-0.12	-0.31	-0.12	-0.14	-0.17	-0.12	-0.16	0.01	-0.16	-0.06	0.01	0.1	-0.03	-0.14	-0.04	0.11		-0.14	-0.01	-0.03	-0.18	-0.12	-0.14	-0.15	-0.06
Total Liab	0.99	0.99	0.91	0.95	0.92	0.89	0.99	0.88	0.74	0.99	0.61	0.74	0.62	-0.52	0.98	0.88	0.41	-0.14		0.88	0.91	0.99	0.94	0.97	0.99	0.88
Total Current Assets	0.91	0.84	0.89	0.95	0.91	0.9	0.83	0.9	0.77	0.89	0.48	0.77	0.72	-0.72	0.8	0.99	0.74	-0.01	0.88		0.92	0.83	0.93	0.93	0.88	0.81
Short Term Debt	0.94	0.89	0.85	0.98	0.93	0.9	0.88	0.93	0.82	0.93	0.59	0.82	0.55	-0.42	0.83	0.94	0.54	-0.03	0.91	0.92		0.91	0.96	0.92	0.92	0.83
Intangible Assets	0.98	0.98	0.9	0.94	0.93	0.9	0.98	0.9	0.69	0.99	0.65	0.69	0.54	-0.4	0.97	0.85	0.35	-0.18	0.99	0.83	0.91		0.95	0.96	0.99	0.86
Accounts Payable	0.98	0.91	0.93	0.99	0.99	0.97	0.91	0.98	0.71	0.97	0.66	0.71	0.59	-0.52	0.87	0.96	0.56	-0.12	0.94	0.93	0.96	0.95		0.98	0.97	0.84
Common Stock	0.99	0.94	0.95	0.97	0.98	0.96	0.94	0.95	0.66	0.99	0.65	0.66	0.65	-0.61	0.92	0.94	0.55	-0.14	0.97	0.93	0.92	0.96	0.98		0.98	0.86
Good Will	1.0	0.98	0.92	0.96	0.95	0.93	0.98	0.92	0.69	1.0	0.64	0.69	0.6	-0.5	0.96	0.89	0.43	-0.15	0.99	0.88	0.92	0.99	0.97	0.98		0.87
Common Stock Total Equity	0.87	0.87	0.79	0.85	0.81	0.78	0.87	0.79	0.69	0.87	0.69	0.69	0.83	-0.5	0.86	0.8	0.41	-0.06	0.88	0.81	0.83	0.86	0.84	0.86	0.87

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McCormick Company Account Relationship Matchups

McCormick Company fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.1B	12.9B	13.1B	12.9B	14.8B	15.5B
Short Long Term Debt Total	4.9B	5.4B	5.3B	4.6B	5.3B	5.5B
Other Current Liab	863.6M	850.2M	754.1M	908.1M	1.0B	1.1B
Total Current Liabilities	3.0B	3.2B	3.4B	3.1B	3.6B	3.7B
Total Stockholder Equity	3.9B	4.4B	4.7B	5.1B	5.8B	6.1B
Property Plant And Equipment Net	1.0B	1.3B	1.4B	1.5B	1.8B	1.9B
Net Debt	4.5B	5.0B	5.0B	4.4B	5.1B	5.3B
Retained Earnings	2.4B	2.8B	3.0B	3.2B	3.7B	3.9B
Cash	423.6M	351.7M	334M	166.6M	191.6M	201.2M
Non Current Assets Total	10.0B	10.7B	10.7B	10.9B	12.5B	13.1B
Non Currrent Assets Other	176.3M	202.2M	276.9M	275.2M	316.5M	181.9M
Cash And Short Term Investments	423.6M	351.7M	334M	166.6M	191.6M	201.2M
Net Receivables	528.5M	549.5M	573.7M	587.5M	675.6M	371.4M
Common Stock Shares Outstanding	269.1M	269.9M	270.2M	269.8M	242.8M	233.8M
Liabilities And Stockholders Equity	12.1B	12.9B	13.1B	12.9B	14.8B	15.5B
Non Current Liabilities Total	5.1B	5.3B	5.0B	4.7B	5.4B	5.7B
Inventory	1.0B	1.2B	1.3B	1.1B	1.3B	1.4B
Other Current Assets	98.9M	112.3M	138.9M	121M	139.2M	146.1M
Other Stockholder Equity	514.6M	(426.5M)	1.6B	(1.0)	(1.15)	(1.09)
Total Liab	8.1B	8.5B	8.4B	7.8B	8.9B	9.4B
Total Current Assets	2.1B	2.2B	2.4B	2.0B	2.3B	2.4B
Short Term Debt	1.2B	1.3B	1.5B	1.1B	1.2B	1.3B
Intangible Assets	3.2B	3.6B	3.5B	3.5B	4.0B	4.2B
Accounts Payable	1.0B	1.1B	1.2B	1.1B	1.3B	1.4B
Accumulated Other Comprehensive Income	(470.8M)	(426.5M)	(480.6M)	(388.6M)	(349.7M)	(332.3M)
Common Stock	2.0B	2.1B	2.1B	2.2B	2.5B	2.7B
Good Will	5.0B	5.3B	5.2B	5.3B	6.0B	6.4B
Property Plant And Equipment Gross	1.2B	2.3B	2.6B	2.8B	3.2B	3.4B
Other Liab	1.1B	1.2B	1.2B	1.2B	1.4B	1.1B
Net Tangible Assets	(4.0B)	(4.4B)	(4.5B)	(3.9B)	(3.5B)	(3.7B)
Other Assets	120.3M	176.3M	202.2M	276.9M	318.4M	334.4M
Long Term Debt	3.8B	4.0B	3.6B	3.3B	3.8B	3.3B
Long Term Investments	322.9M	301.3M	939.4M	264.1M	303.7M	385M
Short Long Term Debt	1.2B	1.3B	1.5B	1.1B	1.2B	831.9M
Property Plant Equipment	952.6M	1.2B	1.3B	1.2B	1.4B	1.0B
Non Current Liabilities Other	166.4M	144.6M	484.7M	175M	201.3M	177.9M

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