Sensient Depreciation vs Change To Inventory Analysis

SXT Stock  USD 76.64  1.36  1.74%   
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 Depreciation and its Change To Inventory 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.

Depreciation vs Change To Inventory

Depreciation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sensient Technologies Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sensient Technologies' Depreciation and Change To Inventory is -0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory 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' Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Sensient Technologies are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., Sensient Technologies' Depreciation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Sensient Technologies value has been used up. For tax purposes Sensient Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Sensient Technologies 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.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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.
 2021 2022 2023 2024 (projected)
Interest Expense12.5M14.5M25.2M24.5M
Depreciation And Amortization52.1M52.5M57.8M44.8M

Sensient Technologies fundamental ratios Correlations

0.730.460.930.90.960.710.790.60.990.550.60.94-0.10.790.950.36-0.450.850.330.980.51-0.290.390.060.06
0.730.050.710.370.621.00.790.650.680.680.650.68-0.550.990.730.38-0.820.970.290.770.55-0.140.5-0.02-0.02
0.460.050.40.620.520.040.070.00.50.250.00.350.520.060.340.380.270.13-0.230.40.09-0.55-0.170.440.44
0.930.710.40.790.870.70.890.510.920.610.510.91-0.280.760.880.29-0.550.840.460.910.45-0.220.41-0.15-0.15
0.90.370.620.790.930.350.550.410.920.310.410.830.260.450.830.27-0.060.540.240.850.37-0.340.190.130.13
0.960.620.520.870.930.60.690.550.970.380.550.840.060.670.910.26-0.280.740.370.920.48-0.430.250.030.03
0.711.00.040.70.350.60.790.620.660.690.620.67-0.560.990.710.39-0.830.970.290.760.54-0.130.5-0.03-0.03
0.790.790.070.890.550.690.790.540.780.70.540.76-0.650.820.730.41-0.820.870.620.780.33-0.180.37-0.4-0.4
0.60.650.00.510.410.550.620.540.580.461.00.52-0.310.680.620.12-0.550.670.150.60.27-0.040.560.120.12
0.990.680.50.920.920.970.660.780.580.550.580.91-0.050.730.910.39-0.40.80.320.950.49-0.360.310.060.06
0.550.680.250.610.310.380.690.70.460.550.460.58-0.530.70.40.73-0.760.71-0.030.540.15-0.110.370.160.16
0.60.650.00.510.410.550.620.541.00.580.460.52-0.310.680.620.12-0.550.670.150.60.27-0.040.560.120.12
0.940.680.350.910.830.840.670.760.520.910.580.52-0.160.750.910.27-0.480.810.280.950.410.00.590.070.07
-0.1-0.550.52-0.280.260.06-0.56-0.65-0.31-0.05-0.53-0.31-0.16-0.53-0.11-0.220.91-0.5-0.48-0.150.05-0.22-0.370.550.55
0.790.990.060.760.450.670.990.820.680.730.70.680.75-0.530.780.38-0.820.990.310.830.55-0.110.55-0.01-0.01
0.950.730.340.880.830.910.710.730.620.910.40.620.91-0.110.780.1-0.430.840.40.970.51-0.150.550.00.0
0.360.380.380.290.270.260.390.410.120.390.730.120.27-0.220.380.1-0.390.38-0.130.310.12-0.39-0.210.210.21
-0.45-0.820.27-0.55-0.06-0.28-0.83-0.82-0.55-0.4-0.76-0.55-0.480.91-0.82-0.43-0.39-0.8-0.4-0.49-0.18-0.07-0.520.310.31
0.850.970.130.840.540.740.970.870.670.80.710.670.81-0.50.990.840.38-0.80.350.880.55-0.140.54-0.04-0.04
0.330.29-0.230.460.240.370.290.620.150.32-0.030.150.28-0.480.310.4-0.13-0.40.350.330.02-0.20.05-0.9-0.9
0.980.770.40.910.850.920.760.780.60.950.540.60.95-0.150.830.970.31-0.490.880.330.52-0.180.50.060.06
0.510.550.090.450.370.480.540.330.270.490.150.270.410.050.550.510.12-0.180.550.020.52-0.220.010.160.16
-0.29-0.14-0.55-0.22-0.34-0.43-0.13-0.18-0.04-0.36-0.11-0.040.0-0.22-0.11-0.15-0.39-0.07-0.14-0.2-0.18-0.220.570.070.07
0.390.5-0.170.410.190.250.50.370.560.310.370.560.59-0.370.550.55-0.21-0.520.540.050.50.010.570.140.14
0.06-0.020.44-0.150.130.03-0.03-0.40.120.060.160.120.070.55-0.010.00.210.31-0.04-0.90.060.160.070.141.0
0.06-0.020.44-0.150.130.03-0.03-0.40.120.060.160.120.070.55-0.010.00.210.31-0.04-0.90.060.160.070.141.0
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Sensient Technologies Account Relationship Matchups

Sensient Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.7B2.0B2.0B1.4B
Short Long Term Debt Total619.1M527.3M511.5M650.7M658.5M435.4M
Other Current Liab86.1M94.8M87.2M95.0M78.4M66.6M
Total Current Liabilities201.4M216.0M232.3M272.2M236.3M223.0M
Total Stockholder Equity881.6M934.3M938.4M999.6M1.1B687.9M
Property Plant And Equipment Net437.2M445.5M446.5M483.2M541.6M398.2M
Net Debt598.0M502.5M485.8M629.8M629.6M419.0M
Retained Earnings1.5B1.6B1.6B1.7B1.7B1.8B
Cash21.2M24.8M25.7M20.9M28.9M14.5M
Non Current Assets Total951.9M999.3M1.0B1.0B1.1B800.9M
Non Currrent Assets Other95.9M119.6M122.9M96.6M58.6M60.1M
Cash And Short Term Investments21.2M24.8M25.7M20.9M28.9M14.5M
Net Receivables213.2M234.1M261.1M302.1M272.2M178.7M
Common Stock Shares Outstanding42.3M42.3M42.3M42.2M42.2M38.5M
Liabilities And Stockholders Equity1.7B1.7B1.7B2.0B2.0B1.4B
Non Current Liabilities Total657.2M590.6M574.8M709.9M724.9M465.6M
Inventory422.5M381.3M411.6M564.1M598.4M331.8M
Other Current Assets131.3M149.9M85.3M47.6M37.1M53.1M
Other Stockholder Equity(496.9M)(490.6M)(523.1M)(507.8M)(506.8M)(481.5M)
Total Liab858.6M806.5M807.1M982.0M961.2M688.6M
Property Plant And Equipment Gross437.2M445.5M446.5M483.2M1.2B1.3B
Total Current Assets788.2M741.6M741.2M934.8M936.6M575.6M
Accumulated Other Comprehensive Income(163.0M)(159.1M)(174.6M)(200.7M)(172.1M)(163.5M)
Short Term Debt20.6M9.2M8.5M20.4M13.5M12.8M
Intangible Assets11.8M10.9M15.0M18.6M12.1M11.5M
Accounts Payable94.7M107.3M125.5M142.4M131.1M84.6M
Other Liab48.8M72.6M71.8M51.5M59.3M57.1M
Other Assets79.1M119.6M122.9M129.3M148.7M78.0M
Long Term Debt598.5M518.0M503.0M630.3M645.1M530.1M
Treasury Stock(597.8M)(595.3M)(593.5M)(634.4M)(571.0M)(542.4M)
Property Plant Equipment437.2M445.5M446.5M483.2M555.7M477.9M
Good Will407.0M423.3M420.0M415.7M424.1M344.6M
Net Tangible Assets907.4M963.3M503.4M1.0B1.2B903.3M
Retained Earnings Total Equity1.5B1.6B1.6B1.7B2.0B1.3B
Long Term Debt Total598.5M518.0M503.0M630.3M724.9M582.8M
Capital Surpluse98.4M102.9M111.4M124.0M142.6M115.7M
Deferred Long Term Liab15.1M13.4M14.3M16.0M18.4M14.6M

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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.