Stepan Change To Inventory vs Depreciation Analysis

SCL Stock  USD 75.18  1.84  2.39%   
Stepan financial indicator trend analysis is much more than just breaking down Stepan Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stepan Company is a good investment. Please check the relationship between Stepan Change To Inventory and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepan Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stepan Company Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Stepan's Change To Inventory and Depreciation is 0.01. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Stepan Company, assuming nothing else is changed. The correlation between historical values of Stepan's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Stepan Company are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Stepan's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of Stepan Company value has been used up. For tax purposes Stepan can deduct the cost of the tangible assets it purchases as business expenses. However, Stepan Company must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Stepan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stepan 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stepan Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Stepan's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 16.93 this year, although the value of Selling General Administrative will most likely fall to about 72.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit395.8M427.1M277.6M207.5M
Total Revenue2.3B2.8B2.3B1.3B

Stepan fundamental ratios Correlations

0.870.720.980.990.960.590.990.30.980.520.30.960.580.930.930.74-0.230.990.90.920.740.750.70.580.48
0.870.380.890.810.960.890.81-0.080.930.17-0.080.840.430.880.750.46-0.250.910.930.650.920.440.50.360.1
0.720.380.680.730.550.050.750.630.60.730.630.650.270.660.790.88-0.240.690.480.840.180.890.610.720.64
0.980.890.680.960.960.660.960.190.980.50.190.950.520.890.930.68-0.340.980.930.870.790.740.60.480.36
0.990.810.730.960.940.511.00.370.960.560.370.930.640.870.90.74-0.190.950.860.930.720.730.680.580.52
0.960.960.550.960.940.760.940.110.990.370.110.920.550.90.840.61-0.240.960.950.80.890.580.590.460.3
0.590.890.050.660.510.760.51-0.530.740.0-0.530.610.150.630.520.14-0.390.670.840.270.890.180.160.05-0.28
0.990.810.750.961.00.940.510.380.960.580.380.910.640.870.90.73-0.190.950.870.920.710.740.650.560.51
0.3-0.080.630.190.370.11-0.530.380.120.311.00.190.420.240.250.570.380.22-0.110.59-0.230.440.510.570.74
0.980.930.60.980.960.990.740.960.120.460.120.930.550.90.880.63-0.280.970.960.820.850.650.570.460.32
0.520.170.730.50.560.370.00.580.310.460.310.480.330.390.580.54-0.240.460.450.550.060.690.260.330.55
0.3-0.080.630.190.370.11-0.530.381.00.120.310.190.420.240.250.570.380.22-0.110.59-0.230.440.510.570.74
0.960.840.650.950.930.920.610.910.190.930.480.190.430.930.920.71-0.370.960.860.890.70.750.760.550.49
0.580.430.270.520.640.550.150.640.420.550.330.420.430.470.440.20.520.510.460.570.390.240.340.250.39
0.930.880.660.890.870.90.630.870.240.90.390.240.930.470.90.7-0.190.970.820.870.660.690.760.620.46
0.930.750.790.930.90.840.520.90.250.880.580.250.920.440.90.74-0.350.940.830.90.570.880.680.610.43
0.740.460.880.680.740.610.140.730.570.630.540.570.710.20.70.74-0.240.710.480.830.290.80.750.840.71
-0.23-0.25-0.24-0.34-0.19-0.24-0.39-0.190.38-0.28-0.240.38-0.370.52-0.19-0.35-0.24-0.28-0.37-0.12-0.29-0.38-0.010.120.13
0.990.910.690.980.950.960.670.950.220.970.460.220.960.510.970.940.71-0.280.910.890.750.740.690.560.41
0.90.930.480.930.860.950.840.87-0.110.960.45-0.110.860.460.820.830.48-0.370.910.670.880.590.380.30.13
0.920.650.840.870.930.80.270.920.590.820.550.590.890.570.870.90.83-0.120.890.670.460.830.830.710.69
0.740.920.180.790.720.890.890.71-0.230.850.06-0.230.70.390.660.570.29-0.290.750.880.460.230.280.14-0.08
0.750.440.890.740.730.580.180.740.440.650.690.440.750.240.690.880.8-0.380.740.590.830.230.570.620.53
0.70.50.610.60.680.590.160.650.510.570.260.510.760.340.760.680.75-0.010.690.380.830.280.570.820.72
0.580.360.720.480.580.460.050.560.570.460.330.570.550.250.620.610.840.120.560.30.710.140.620.820.65
0.480.10.640.360.520.3-0.280.510.740.320.550.740.490.390.460.430.710.130.410.130.69-0.080.530.720.65
Click cells to compare fundamentals

Stepan Account Relationship Matchups

Stepan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B2.1B2.4B2.4B2.5B
Short Long Term Debt Total222.1M198.7M363.6M587.1M712.2M747.8M
Other Current Liab121.3M141.9M136.4M162.8M121.9M67.7M
Total Current Liabilities339.1M416.6M500.5M670.6M607.9M638.3M
Total Stockholder Equity891.8M986.7M1.1B1.2B1.2B1.3B
Property Plant And Equipment Net639.3M682.7M850.6M1.1B1.3B1.3B
Net Debt(116.9M)(189.1M)163.7M413.4M582.3M611.5M
Retained Earnings922.5M1.0B1.1B1.3B1.3B1.3B
Cash315.4M349.9M159.2M173.8M129.8M79.3M
Non Current Assets Total760.6M846.7M1.2B1.4B1.5B1.6B
Non Currrent Assets Other121.3M164.0M301.6M127.7M57.3M38.5M
Cash And Short Term Investments315.4M349.9M159.2M173.8M129.8M79.3M
Net Receivables276.8M301.3M419.5M436.9M422.1M443.2M
Common Stock Shares Outstanding23.3M23.3M23.3M23.1M22.9M23.8M
Liabilities And Stockholders Equity1.6B1.8B2.1B2.4B2.4B2.5B
Non Current Liabilities Total347.8M347.4M490.9M596.5M539.0M565.9M
Inventory203.6M218.8M305.5M402.5M265.6M278.8M
Other Current Assets22.9M35.6M29.1M31.6M34.5M17.7M
Other Stockholder Equity79.0M73.1M67.1M56.6M62.6M78.8M
Total Liab686.9M764.0M991.4M1.3B1.1B1.2B
Property Plant And Equipment Gross677.7M682.7M2.1B2.4B2.7B2.8B
Total Current Assets818.8M905.7M913.4M1.0B851.9M894.5M
Accumulated Other Comprehensive Income(136.2M)(136.9M)(153.2M)(167.5M)(130.6M)(137.1M)
Short Term Debt23.6M37.9M40.7M132.1M252.9M265.5M
Accounts Payable194.3M236.8M323.4M375.7M233.0M134.1M
Common Stock26.5M26.7M26.8M26.8M27.0M28.4M
Common Stock Total Equity26.3M26.5M26.7M26.8M30.8M18.9M
Other Liab119.6M186.6M168.1M90.9M104.5M103.5M
Other Assets41.4M112.0M301.6M315.1M1.00.95
Long Term Debt198.5M160.8M322.9M455.0M401.2M211.6M
Treasury Stock(97.4M)(114.1M)(133.6M)(153.7M)(138.3M)(131.4M)
Property Plant Equipment639.3M682.7M850.6M1.1B1.2B1.3B
Intangible Assets15.4M24.1M60.8M58.0M52.6M55.2M
Good Will26.1M28.0M97.2M95.9M97.4M102.3M
Net Tangible Assets880.0M986.2M1.1B1.0B1.2B766.5M
Noncontrolling Interest In Consolidated Entity818K760K713K1.7M1.5M1.3M
Retained Earnings Total Equity813.4M922.5M1.0B1.1B1.3B763.0M
Long Term Debt Total198.5M160.8M322.9M455.0M523.3M279.0M

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When determining whether Stepan Company is a strong investment it is important to analyze Stepan's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stepan's future performance. For an informed investment choice regarding Stepan Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stepan Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Specialty Chemicals 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 Stepan. If investors know Stepan 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 Stepan 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
0.873
Dividend Share
1.5
Earnings Share
2
Revenue Per Share
95.823
Quarterly Revenue Growth
(0.03)
The market value of Stepan Company is measured differently than its book value, which is the value of Stepan that is recorded on the company's balance sheet. Investors also form their own opinion of Stepan's value that differs from its market value or its book value, called intrinsic value, which is Stepan'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 Stepan's market value can be influenced by many factors that don't directly affect Stepan'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 Stepan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stepan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stepan'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.