McCormick Total Current Assets vs Short Long Term Debt Total 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 Total Current Assets and its Short Long Term Debt Total 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.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McCormick Company Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between McCormick Company's Total Current Assets and Short Long Term Debt Total is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total 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 Total Current Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of McCormick Company Incorporated are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., McCormick Company's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Short Long Term Debt Total

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for McCormick Stock Analysis

When running McCormick Company's price analysis, check to measure McCormick Company's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McCormick Company is operating at the current time. Most of McCormick Company's value examination focuses on studying past and present price action to predict the probability of McCormick Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McCormick Company's price. Additionally, you may evaluate how the addition of McCormick Company to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC