SXT Stock | | | USD 77.09 0.90 1.15% |
Sensient Technologies financial indicator trend analysis is much more than just breaking down Sensient Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensient Technologies is a good investment. Please check the relationship between Sensient Technologies Cash and its Total Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Sensient Stock please use our
How to Invest in Sensient Technologies guide.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensient Technologies Cash account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sensient Technologies' Cash and Total Assets is 0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sensient Technologies, assuming nothing else is changed. The correlation between historical values of Sensient Technologies' Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Sensient Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Sensient Technologies' Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Sensient Technologies, which is listed under current asset account on Sensient Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sensient Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Sensient Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Assets
Total assets refers to the total amount of Sensient Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sensient Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sensient Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensient Technologies 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 Sensient Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Sensient Stock please use our
How to Invest in Sensient Technologies guide.At this time, Sensient Technologies'
Discontinued Operations is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 3.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 253.3
M in 2024.
Sensient Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sensient Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensient Technologies fundamental ratios Accounts
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Additional Tools for Sensient Stock Analysis
When running Sensient Technologies' price analysis, check to
measure Sensient Technologies' 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 Sensient Technologies is operating at the current time. Most of Sensient Technologies' value examination focuses on studying past and present price action to
predict the probability of Sensient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sensient Technologies' price. Additionally, you may evaluate how the addition of Sensient Technologies to your portfolios can decrease your overall portfolio volatility.