Stryker Cash And Equivalents vs Change In Cash Analysis

SYK Stock  USD 355.18  6.18  1.71%   
Stryker financial indicator trend analysis is much more than just breaking down Stryker prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stryker is a good investment. Please check the relationship between Stryker Cash And Equivalents and its Change In Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.

Cash And Equivalents vs Change In Cash

Cash And Equivalents vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryker Cash And Equivalents account and Change In Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Stryker's Cash And Equivalents and Change In Cash is 0.02. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Stryker, assuming nothing else is changed. The correlation between historical values of Stryker's Cash And Equivalents and Change In Cash 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 And Equivalents of Stryker are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Cash And Equivalents i.e., Stryker's Cash And Equivalents and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Equivalents

Change In Cash

Most indicators from Stryker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stryker 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 Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.At this time, Stryker's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 613.4 M this year, although Enterprise Value Multiple will most likely fall to 13.01.
 2022 2023 2024 2025 (projected)
Gross Profit11.6B13.1B15.1B15.8B
Total Revenue18.4B20.5B23.6B24.8B

Stryker fundamental ratios Correlations

0.970.950.950.980.990.950.990.690.990.950.170.990.730.950.990.090.970.990.910.810.950.950.93-0.510.77
0.970.90.880.910.980.970.920.710.990.930.040.940.590.990.95-0.050.910.990.80.750.980.90.88-0.660.8
0.950.90.940.940.920.850.950.70.920.870.370.930.760.880.920.210.960.940.940.770.890.870.85-0.340.67
0.950.880.940.960.930.880.960.590.930.920.20.950.780.830.970.170.940.920.910.930.830.950.92-0.390.71
0.980.910.940.960.960.91.00.630.950.920.240.990.810.880.980.190.990.940.940.830.880.960.94-0.40.71
0.990.980.920.930.960.950.970.70.990.950.120.980.70.960.990.030.960.990.880.80.960.940.93-0.580.77
0.950.970.850.880.90.950.910.520.980.9-0.10.920.570.950.930.00.870.960.740.720.940.930.93-0.610.86
0.990.920.950.961.00.970.910.660.960.930.230.990.80.90.990.150.990.960.940.840.90.960.94-0.430.71
0.690.710.70.590.630.70.520.660.650.660.460.670.490.720.66-0.20.710.710.710.550.730.510.48-0.540.3
0.990.990.920.930.950.990.980.960.650.950.040.970.660.970.980.010.940.990.840.790.960.950.94-0.60.8
0.950.930.870.920.920.950.90.930.660.950.070.930.660.90.950.00.910.940.820.850.890.920.91-0.580.68
0.170.040.370.20.240.12-0.10.230.460.040.070.180.470.070.120.480.310.110.540.10.120.0-0.040.5-0.13
0.990.940.930.950.990.980.920.990.670.970.930.180.770.910.990.130.980.960.920.830.910.960.95-0.490.74
0.730.590.760.780.810.70.570.80.490.660.660.470.770.550.750.280.810.650.850.710.580.730.69-0.040.35
0.950.990.880.830.880.960.950.90.720.970.90.070.910.550.91-0.060.890.980.790.660.990.850.84-0.650.79
0.990.950.920.970.980.990.930.990.660.980.950.120.990.750.910.050.960.970.90.880.910.970.95-0.530.75
0.09-0.050.210.170.190.030.00.15-0.20.010.00.480.130.28-0.060.050.180.020.330.03-0.010.10.070.640.08
0.970.910.960.940.990.960.870.990.710.940.910.310.980.810.890.960.180.940.950.810.90.930.9-0.40.64
0.990.990.940.920.940.990.960.960.710.990.940.110.960.650.980.970.020.940.860.780.980.920.9-0.590.79
0.910.80.940.910.940.880.740.940.710.840.820.540.920.850.790.90.330.950.860.780.810.830.79-0.180.59
0.810.750.770.930.830.80.720.840.550.790.850.10.830.710.660.880.030.810.780.780.670.850.81-0.440.54
0.950.980.890.830.880.960.940.90.730.960.890.120.910.580.990.91-0.010.90.980.810.670.840.82-0.610.72
0.950.90.870.950.960.940.930.960.510.950.920.00.960.730.850.970.10.930.920.830.850.840.99-0.50.76
0.930.880.850.920.940.930.930.940.480.940.91-0.040.950.690.840.950.070.90.90.790.810.820.99-0.520.77
-0.51-0.66-0.34-0.39-0.4-0.58-0.61-0.43-0.54-0.6-0.580.5-0.49-0.04-0.65-0.530.64-0.4-0.59-0.18-0.44-0.61-0.5-0.52-0.42
0.770.80.670.710.710.770.860.710.30.80.68-0.130.740.350.790.750.080.640.790.590.540.720.760.77-0.42
Click cells to compare fundamentals

Stryker Account Relationship Matchups

Stryker fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets34.3B34.6B36.9B39.9B45.9B48.2B
Short Long Term Debt Total14.0B12.5B13.0B13.0B14.9B15.7B
Other Current Liab3.5B3.4B3.3B3.8B4.3B4.6B
Total Current Liabilities5.0B4.5B6.3B7.9B9.1B9.6B
Total Stockholder Equity13.1B14.9B16.6B18.6B21.4B22.5B
Property Plant And Equipment Net2.8B2.8B3.0B3.2B3.7B3.9B
Net Debt10.3B9.5B11.2B10.0B11.5B12.1B
Retained Earnings12.5B13.5B14.8B16.8B19.3B20.3B
Cash2.9B2.9B1.8B3.0B3.4B3.6B
Non Current Assets Total24.6B24.6B26.6B27.4B31.5B33.1B
Non Currrent Assets Other2.0B2.2B2.4B2.7B3.1B3.2B
Cash And Short Term Investments3.0B3.0B1.9B3.1B3.5B3.7B
Net Receivables2.7B3.0B3.6B3.8B4.3B4.5B
Liabilities And Stockholders Equity34.3B34.6B36.9B39.9B45.9B48.2B
Non Current Liabilities Total16.2B15.2B14.0B13.4B15.4B16.2B
Inventory3.5B3.3B4.0B4.8B5.6B5.8B
Other Current Assets488M662M1.5B857M985.6M542.0M
Other Stockholder Equity1.7B1.9B2.0B2.2B2.5B2.7B
Total Liab21.2B19.8B20.3B21.3B24.5B25.7B
Total Current Assets9.7B10.0B10.3B12.5B14.4B15.1B
Short Term Debt761M7M1.3B2.2B2.6B2.7B
Intangible Assets5.6B4.8B4.9B4.6B5.3B5.5B
Accounts Payable810M1.1B1.4B1.5B1.7B1.8B
Property Plant And Equipment Gross2.8B5.5B5.8B6.3B7.3B7.7B
Accumulated Other Comprehensive Income(1.2B)(531M)(221M)(416M)(374.4M)(355.7M)
Short Term Investments81M75M84M82M73.8M70.1M
Good Will12.8B12.9B14.9B15.2B17.5B18.4B
Other Liab2.4B3.0B2.7B1.8B2.0B1.1B
Other Assets2.6B3.5B4.0B3.9B4.5B4.7B
Long Term Debt13.2B12.5B11.9B10.9B12.5B13.2B
Property Plant Equipment2.6B2.8B2.8B3.0B3.4B3.6B
Net Tangible Assets(489M)(5.2B)(2.9B)(3.1B)(2.8B)(2.7B)
Retained Earnings Total Equity11.7B12.5B13.5B14.8B17.0B10.2B
Capital Surpluse1.6B1.7B1.9B2.0B2.3B1.5B
Non Current Liabilities Other3.0B1.8B1.5B1.9B2.2B1.8B
Accumulated Depreciation(2.1B)(2.4B)(2.7B)(2.8B)(2.6B)(2.7B)

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When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Stryker. If investors know Stryker 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 Stryker 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
0.2
Dividend Share
3.2
Earnings Share
9.34
Revenue Per Share
57.728
Quarterly Revenue Growth
0.119
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker'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 Stryker's market value can be influenced by many factors that don't directly affect Stryker'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 Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker'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.