STERIS Total Stockholder Equity vs Other Stockholder Equity Analysis

STE Stock  USD 219.06  1.59  0.73%   
STERIS Plc financial indicator trend analysis is much more than just breaking down STERIS plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STERIS plc is a good investment. Please check the relationship between STERIS Plc Total Stockholder Equity and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STERIS plc. 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 information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of STERIS plc Total Stockholder Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between STERIS Plc's Total Stockholder Equity and Other Stockholder Equity is 0.64. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of STERIS plc, assuming nothing else is changed. The correlation between historical values of STERIS Plc's Total Stockholder Equity and Other Stockholder Equity 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 Stockholder Equity of STERIS plc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., STERIS Plc's Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

Most indicators from STERIS Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STERIS plc 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 STERIS plc. 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 information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.At present, STERIS Plc's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue4.6B5.0B5.1B5.4B
Depreciation And Amortization553.1M552.9M565.2M593.5M

STERIS Plc fundamental ratios Correlations

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0.950.940.960.960.980.930.920.960.490.930.490.990.820.930.90.720.560.940.950.750.810.920.920.870.25
0.990.970.960.980.980.970.920.970.470.970.470.980.780.980.970.710.50.980.960.830.910.930.960.950.29
1.00.980.960.980.990.970.880.960.50.990.50.970.790.990.940.660.640.990.930.840.930.930.990.960.34
0.980.970.980.980.990.960.910.970.510.980.510.990.810.970.930.660.620.970.930.770.880.940.960.920.33
0.981.00.930.970.970.960.820.950.350.970.350.960.690.990.970.760.580.990.950.860.930.850.980.960.17
0.870.840.920.920.880.910.820.910.510.850.510.920.810.850.870.610.320.860.870.660.750.880.80.80.32
0.970.960.960.970.960.970.950.910.480.950.480.990.820.960.960.660.490.970.940.790.890.930.940.890.33
0.480.410.490.470.50.510.350.510.480.521.00.450.810.450.3-0.10.360.450.30.450.430.550.450.430.65
1.00.980.930.970.990.980.970.850.950.520.520.950.790.990.930.60.650.990.90.850.950.920.990.970.39
0.480.410.490.470.50.510.350.510.481.00.520.450.810.450.3-0.10.360.450.30.450.430.550.450.430.65
0.970.960.990.980.970.990.960.920.990.450.950.450.810.960.950.740.530.960.970.780.850.930.940.890.25
0.780.730.820.780.790.810.690.810.820.810.790.810.810.740.670.290.440.750.670.640.670.840.730.660.58
0.991.00.930.980.990.970.990.850.960.450.990.450.960.740.960.670.591.00.930.870.960.890.990.970.28
0.950.960.90.970.940.930.970.870.960.30.930.30.950.670.960.760.420.970.960.810.920.870.930.920.19
0.670.730.720.710.660.660.760.610.66-0.10.6-0.10.740.290.670.760.250.680.880.560.520.520.670.65-0.44
0.610.590.560.50.640.620.580.320.490.360.650.360.530.440.590.420.250.580.440.40.520.580.680.590.35
1.00.990.940.980.990.970.990.860.970.450.990.450.960.751.00.970.680.580.940.860.950.90.990.970.29
0.930.950.950.960.930.930.950.870.940.30.90.30.970.670.930.960.880.440.940.780.810.840.910.880.02
0.850.860.750.830.840.770.860.660.790.450.850.450.780.640.870.810.560.40.860.780.890.70.860.890.2
0.940.930.810.910.930.880.930.750.890.430.950.430.850.670.960.920.520.520.950.810.890.820.940.960.38
0.920.870.920.930.930.940.850.880.930.550.920.550.930.840.890.870.520.580.90.840.70.820.90.850.54
0.990.980.920.960.990.960.980.80.940.450.990.450.940.730.990.930.670.680.990.910.860.940.90.970.3
0.970.960.870.950.960.920.960.80.890.430.970.430.890.660.970.920.650.590.970.880.890.960.850.970.28
0.310.220.250.290.340.330.170.320.330.650.390.650.250.580.280.19-0.440.350.290.020.20.380.540.30.28
Click cells to compare fundamentals

STERIS Plc Account Relationship Matchups

STERIS Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B6.6B11.5B10.8B11.1B11.6B
Short Long Term Debt Total1.2B1.7B3.1B3.1B3.4B3.6B
Other Current Liab281.2M335.7M379.5M395.0M478.1M502.0M
Total Current Liabilities503.6M577.9M922.2M861.8M931.1M977.7M
Total Stockholder Equity3.4B3.9B6.5B6.1B6.3B6.6B
Property Plant And Equipment Net1.2B1.4B1.7B1.9B1.9B2.0B
Net Debt830.9M1.4B2.8B2.8B3.2B3.3B
Retained Earnings1.6B1.9B2.0B1.9B2.1B2.2B
Accounts Payable149.3M157.0M225.7M279.6M251.7M264.3M
Cash319.6M220.5M348.3M208.4M207.0M126.3M
Non Current Assets Total4.2B5.4B9.6B8.8B8.2B8.6B
Cash And Short Term Investments319.6M220.5M348.3M208.4M207.0M126.3M
Net Receivables586.5M609.4M799.0M928.3M1.0B1.1B
Common Stock Shares Outstanding85.6M85.9M98.3M100.2M99.4M73.9M
Liabilities And Stockholders Equity5.4B6.6B11.5B10.8B11.1B11.6B
Non Current Liabilities Total1.5B2.1B4.0B3.9B3.8B4.0B
Inventory248.3M315.1M575.0M695.5M674.5M708.3M
Other Current Assets54.4M66.8M156.6M179.3M979.3M1.0B
Other Stockholder Equity12.8M10.5M12.3M10.0M9.0M8.5M
Total Liab2.0B2.7B4.9B4.7B4.7B5.0B
Total Current Assets1.2B1.2B1.9B2.0B2.9B3.0B
Short Term Debt19.8M22.8M179.3M95.0M117.2M123.0M
Intangible Assets565.5M898.4M3.3B3.0B2.1B2.2B
Non Currrent Assets Other51.6M52.7M70.7M78.1M66.2M69.5M
Accumulated Other Comprehensive Income(235.5M)(61.2M)(209.8M)(320.7M)(328.7M)(312.2M)
Common Stock2.0B2.0B4.7B4.5B4.5B4.8B
Other Liab250.6M454.5M1.0B693.7M797.7M837.6M
Other Assets51.6M52.7M70.7M78.1M1.00.95
Long Term Debt1.2B1.7B2.9B3.0B3.1B3.3B
Good Will2.4B3.0B4.4B3.9B4.1B4.3B
Property Plant Equipment1.2B1.2B1.7B1.7B2.0B2.1B
Current Deferred Revenue53.3M62.5M110.8M92.3M70.5M68.8M
Common Stock Total Equity2.0B2.0B2.0B4.5B5.2B5.4B
Property Plant And Equipment Gross1.2B1.4B1.7B1.7B3.5B3.7B
Net Tangible Assets472.3M854.9M(1.2B)2.2B2.5B2.7B
Long Term Debt Total1.2B1.7B2.9B3.0B3.5B1.8B
Deferred Long Term Liab151.0M160.3M236.9M617.5M710.2M745.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether STERIS plc is a strong investment it is important to analyze STERIS Plc'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 STERIS Plc's future performance. For an informed investment choice regarding STERIS 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 STERIS plc. 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 information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & Supplies 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 STERIS Plc. If investors know STERIS 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 STERIS Plc 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
0.305
Dividend Share
2.13
Earnings Share
5.96
Revenue Per Share
53.903
Quarterly Revenue Growth
0.073
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc'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 STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc'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 STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc'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.