Weir Net Receivables vs Property Plant Equipment Analysis

WEIR Stock   2,196  14.00  0.63%   
Weir Group financial indicator trend analysis is more than just analyzing Weir Group PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weir Group PLC is a good investment. Please check the relationship between Weir Group Net Receivables and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weir Group 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 board of governors.

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weir Group PLC Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Weir Group's Net Receivables and Property Plant Equipment is 0.56. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Weir Group PLC, assuming nothing else is changed. The correlation between historical values of Weir Group's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Weir Group PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Weir Group's Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Property Plant Equipment

Most indicators from Weir Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weir Group 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weir Group 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 board of governors.
At this time, Weir Group's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 235 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense48.7M64.1M73.7M77.4M
Depreciation And Amortization114.3M109.2M125.6M131.9M

Weir Group fundamental ratios Correlations

0.940.680.870.980.920.820.720.650.60.97-0.110.640.860.850.230.720.970.410.680.990.70.960.610.870.41
0.940.530.80.90.940.730.540.480.770.87-0.30.790.880.880.350.820.910.40.730.950.820.970.630.890.46
0.680.530.710.630.470.810.380.720.010.7-0.070.050.670.620.070.320.60.680.370.70.090.560.450.670.46
0.870.80.710.860.740.80.520.690.420.85-0.20.460.750.720.320.390.890.390.630.850.530.810.890.760.5
0.980.90.630.860.880.740.730.620.620.95-0.030.640.810.80.190.640.960.380.720.940.720.940.630.820.31
0.920.940.470.740.880.750.650.510.660.9-0.220.670.840.850.180.810.910.260.630.930.770.890.510.850.43
0.820.730.810.80.740.750.580.70.120.87-0.310.170.750.720.210.490.770.560.320.860.250.670.550.750.58
0.720.540.380.520.730.650.580.690.250.80.120.270.550.550.060.440.74-0.060.120.690.390.570.210.560.2
0.650.480.720.690.620.510.70.690.040.73-0.090.080.690.660.150.310.70.10.120.660.160.50.420.680.51
0.60.770.010.420.620.660.120.250.040.44-0.150.990.570.610.310.740.60.060.760.580.960.790.390.590.12
0.970.870.70.850.950.90.870.80.730.44-0.10.470.830.810.140.660.960.350.530.960.570.860.560.840.45
-0.11-0.3-0.07-0.2-0.03-0.22-0.310.12-0.09-0.15-0.1-0.12-0.36-0.38-0.49-0.23-0.09-0.270.08-0.17-0.13-0.15-0.34-0.36-0.78
0.640.790.050.460.640.670.170.270.080.990.47-0.120.590.620.380.730.640.070.770.610.960.810.420.60.1
0.860.880.670.750.810.840.750.550.690.570.83-0.360.591.00.380.720.820.410.560.870.640.840.561.00.55
0.850.880.620.720.80.850.720.550.660.610.81-0.380.621.00.40.760.810.360.550.860.680.840.531.00.56
0.230.350.070.320.190.180.210.060.150.310.14-0.490.380.380.40.140.210.060.130.250.330.30.430.380.33
0.720.820.320.390.640.810.490.440.310.740.66-0.230.730.720.760.140.670.250.510.770.710.790.120.740.39
0.970.910.60.890.960.910.770.740.70.60.96-0.090.640.820.810.210.670.230.640.960.710.920.640.830.41
0.410.40.680.390.380.260.56-0.060.10.060.35-0.270.070.410.360.060.250.230.410.420.030.420.310.410.27
0.680.730.370.630.720.630.320.120.120.760.530.080.770.560.550.130.510.640.410.620.780.80.60.580.05
0.990.950.70.850.940.930.860.690.660.580.96-0.170.610.870.860.250.770.960.420.620.660.940.580.880.47
0.70.820.090.530.720.770.250.390.160.960.57-0.130.960.640.680.330.710.710.030.780.660.830.470.660.18
0.960.970.560.810.940.890.670.570.50.790.86-0.150.810.840.840.30.790.920.420.80.940.830.610.860.35
0.610.630.450.890.630.510.550.210.420.390.56-0.340.420.560.530.430.120.640.310.60.580.470.610.560.42
0.870.890.670.760.820.850.750.560.680.590.84-0.360.61.01.00.380.740.830.410.580.880.660.860.560.55
0.410.460.460.50.310.430.580.20.510.120.45-0.780.10.550.560.330.390.410.270.050.470.180.350.420.55
Click cells to compare fundamentals

Weir Group Account Relationship Matchups

Weir Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.5B3.5B4.1B3.9B4.5B4.7B
Short Long Term Debt Total1.4B1.3B1.5B1.4B1.6B1.7B
Other Current Liab354.7M219.7M250.1M263.9M303.5M193.0M
Total Current Liabilities644.1M1.1B1.1B923.4M1.1B1.1B
Total Stockholder Equity1.3B1.4B1.7B1.7B1.9B2.0B
Property Plant And Equipment Net449.5M415.9M462.2M490.5M564.1M592.3M
Net Debt1.0B772.5M797.2M690.1M793.6M833.3M
Retained Earnings740.9M1.0B1.2B1.0B1.2B1.2B
Accounts Payable210.7M243.1M319.3M260.1M299.1M164.8M
Cash351.7M564.4M691.2M707.2M813.3M853.9M
Non Current Assets Total1.9B1.9B2.1B2.0B2.3B2.4B
Non Currrent Assets Other(744.8M)(797.6M)(828.1M)83.9M75.5M79.3M
Cash And Short Term Investments351.7M564.4M691.2M707.2M813.3M853.9M
Short Term Investments64.3M223.9M99.6M53.8M61.9M33.9M
Liabilities And Stockholders Equity3.5B3.5B4.1B3.9B4.5B4.7B
Non Current Liabilities Total1.6B979.4M1.2B1.3B1.5B1.5B
Inventory443.6M516.5M679.1M608.1M699.3M734.3M
Other Current Assets150.4M539M138.3M132.9M152.8M162.2M
Other Stockholder Equity242.9M244.4M235.4M553.3M636.3M668.1M
Total Liab2.2B2.0B2.3B2.2B2.5B2.6B
Property Plant And Equipment Gross449.5M793M921.3M964.2M1.1B1.2B
Total Current Assets1.7B1.6B1.9B1.9B2.2B2.3B
Accumulated Other Comprehensive Income(53.3M)(204.5M)(106.1M)95.8M110.2M115.7M
Intangible Assets1.2B1.3B1.4B476.6M548.1M691.3M
Other Liab229.3M258.6M166.5M150.2M172.7M160.7M
Long Term Debt1.2B731.2M994.3M1.0B1.2B1.2B
Net Receivables425M407.5M530.8M430.6M495.2M428.6M
Good Will744.8M797.6M878.1M839.4M965.3M663.6M
Property Plant Equipment571.2M449.5M415.3M462.2M531.5M296.5M
Current Deferred Revenue39.9M68.4M102.6M111.3M128.0M134.4M
Other Assets166.2M1.0133.5M228.3M1.151.09
Net Tangible Assets(37.5M)65.5M135.2M325.6M374.4M393.2M
Capital Lease Obligations112.4M104.7M115.1M117.5M135.1M87.9M
Deferred Long Term Liab23.5M21.8M10M9M8.1M7.7M

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