Air Other Current Liab vs Current Deferred Revenue Analysis

APD Stock  USD 317.10  1.22  0.39%   
Air Products financial indicator trend analysis is way more than just evaluating Air Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Air Products is a good investment. Please check the relationship between Air Products Other Current Liab and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Other Current Liab vs Current Deferred Revenue

Other Current Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Air Products Other Current Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Air Products' Other Current Liab and Current Deferred Revenue is 0.7. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Air Products and, assuming nothing else is changed. The correlation between historical values of Air Products' Other Current Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Air Products and are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Liab i.e., Air Products' Other Current Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Air Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Air Products 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Air Products' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.06, whereas Discontinued Operations is forecasted to decline to about 6.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.4B3.8B20.3B21.3B
Total Revenue12.7B12.6B20.3B21.3B

Air Products fundamental ratios Correlations

0.940.70.830.960.980.760.960.410.980.040.430.580.12-0.540.970.360.79-0.220.970.930.50.120.04-0.010.59
0.940.750.890.820.950.90.830.20.960.010.230.570.19-0.570.980.460.73-0.20.990.910.330.30.08-0.080.52
0.70.750.510.620.690.570.580.330.68-0.070.370.09-0.31-0.190.74-0.070.770.320.70.790.35-0.04-0.43-0.660.7
0.830.890.510.680.830.880.74-0.020.880.250.00.660.39-0.640.860.570.56-0.470.910.760.180.590.280.20.39
0.960.820.620.680.940.570.990.580.910.020.590.5-0.01-0.450.880.20.78-0.160.860.890.61-0.07-0.060.010.62
0.980.950.690.830.940.820.930.290.99-0.090.320.550.07-0.540.960.390.81-0.140.950.950.370.12-0.020.010.55
0.760.90.570.880.570.820.59-0.240.85-0.13-0.20.540.29-0.580.830.630.59-0.180.870.78-0.070.460.170.070.27
0.960.830.580.740.990.930.590.530.920.110.540.560.07-0.50.890.250.76-0.270.880.860.60.020.020.070.6
0.410.20.33-0.020.580.29-0.240.530.230.211.00.08-0.220.040.32-0.340.32-0.010.250.270.91-0.42-0.19-0.290.5
0.980.960.680.880.910.990.850.920.23-0.030.250.580.14-0.580.970.430.79-0.20.970.940.340.180.050.050.53
0.040.01-0.070.250.02-0.09-0.130.110.21-0.030.20.30.49-0.180.060.05-0.18-0.720.11-0.140.370.440.50.120.05
0.430.230.370.00.590.32-0.20.541.00.250.20.09-0.220.040.35-0.310.350.010.280.310.91-0.4-0.2-0.330.52
0.580.570.090.660.50.550.540.560.080.580.30.090.73-0.140.60.830.28-0.70.620.440.440.530.60.510.08
0.120.19-0.310.39-0.010.070.290.07-0.220.140.49-0.220.73-0.270.210.8-0.2-0.860.26-0.070.070.560.970.64-0.41
-0.54-0.57-0.19-0.64-0.45-0.54-0.58-0.50.04-0.58-0.180.04-0.14-0.27-0.56-0.24-0.250.39-0.59-0.430.13-0.17-0.35-0.23-0.1
0.970.980.740.860.880.960.830.890.320.970.060.350.60.21-0.560.440.76-0.240.990.910.440.20.12-0.060.54
0.360.46-0.070.570.20.390.630.25-0.340.430.05-0.310.830.8-0.240.440.16-0.580.480.3-0.030.560.710.59-0.27
0.790.730.770.560.780.810.590.760.320.79-0.180.350.28-0.2-0.250.760.160.190.730.870.36-0.14-0.32-0.240.68
-0.22-0.20.32-0.47-0.16-0.14-0.18-0.27-0.01-0.2-0.720.01-0.7-0.860.39-0.24-0.580.19-0.30.05-0.25-0.57-0.88-0.660.2
0.970.990.70.910.860.950.870.880.250.970.110.280.620.26-0.590.990.480.73-0.30.90.390.30.160.00.52
0.930.910.790.760.890.950.780.860.270.94-0.140.310.44-0.07-0.430.910.30.870.050.90.350.03-0.18-0.150.64
0.50.330.350.180.610.37-0.070.60.910.340.370.910.440.070.130.44-0.030.36-0.250.390.35-0.130.02-0.150.5
0.120.3-0.040.59-0.070.120.460.02-0.420.180.44-0.40.530.56-0.170.20.56-0.14-0.570.30.03-0.130.460.27-0.14
0.040.08-0.430.28-0.06-0.020.170.02-0.190.050.5-0.20.60.97-0.350.120.71-0.32-0.880.16-0.180.020.460.68-0.52
-0.01-0.08-0.660.20.010.010.070.07-0.290.050.12-0.330.510.64-0.23-0.060.59-0.24-0.660.0-0.15-0.150.270.68-0.42
0.590.520.70.390.620.550.270.60.50.530.050.520.08-0.41-0.10.54-0.270.680.20.520.640.5-0.14-0.52-0.42
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Air Products Account Relationship Matchups

Air Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.2B26.9B27.2B32.0B36.8B38.6B
Short Long Term Debt Total7.9B7.6B7.6B11.0B12.7B13.3B
Other Current Liab902.5M1.0B1.1B1.2B1.3B1.4B
Total Current Liabilities2.4B2.8B3.5B3.9B4.5B4.7B
Total Stockholder Equity12.1B13.5B13.1B14.3B16.5B17.3B
Property Plant And Equipment Net12.0B13.3B14.2B18.4B21.2B22.3B
Net Debt2.7B3.2B4.9B9.4B10.8B11.4B
Retained Earnings14.9B15.7B16.5B17.3B19.9B20.9B
Cash5.3B4.5B2.7B1.6B1.9B2.0B
Non Current Assets Total16.5B18.5B20.9B26.8B30.8B32.4B
Non Currrent Assets Other1.6B2.1B2.1B842.4M968.8M1.2B
Cash And Short Term Investments6.4B5.8B3.3B1.9B2.2B2.4B
Net Receivables1.8B2.0B1.9B2.3B2.7B1.4B
Good Will891.5M911.5M823M861.7M991.0M689.1M
Common Stock Shares Outstanding221.6M222.3M222.5M222.7M222.8M178.2M
Liabilities And Stockholders Equity25.2B26.9B27.2B32.0B36.8B38.6B
Non Current Liabilities Total10.3B10.0B10.0B12.4B14.3B15.0B
Inventory404.8M453.9M514.2M651.8M749.6M470.4M
Other Current Assets164.5M119.4M431.6M274.3M315.4M331.2M
Other Stockholder Equity(905.2M)(872.1M)(839.6M)(776.8M)(699.1M)(664.2M)
Total Liab12.7B12.8B13.5B16.3B18.8B19.7B
Property Plant And Equipment Gross12.3B27.5B28.2B33.7B38.8B40.7B
Total Current Assets8.7B8.4B6.3B5.2B6.0B3.0B
Accumulated Other Comprehensive Income(2.1B)(1.5B)(2.8B)(2.4B)(2.2B)(2.3B)
Short Term Debt548.4M565.5M649M969.2M1.1B561.2M
Intangible Assets435.8M420.7M347.5M334.6M384.8M382.1M
Accounts Payable546.2M736.8M1.1B1.2B1.4B1.1B
Current Deferred Revenue313.8M366.8M439.1M413M371.7M390.3M
Other Liab2.5B2.8B2.9B2.3B2.6B1.8B
Other Assets1.3B2.2B2.2B1.2B1.4B1.0B
Long Term Debt7.4B7.2B7.1B9.4B10.8B11.4B
Treasury Stock(2.0B)(2B)(2.0B)(2.0B)(1.8B)(1.9B)
Property Plant Equipment12.0B13.3B14.2B18.4B21.2B22.3B
Short Term Investments1.1B1.3B590.7M332.2M382.0M306.3M

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When determining whether Air Products is a strong investment it is important to analyze Air Products' 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 Air Products' future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Products and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Industrial Gases 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 Air Products. If investors know Air 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 Air Products 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
1.81
Dividend Share
7.06
Earnings Share
17.25
Revenue Per Share
54.385
Quarterly Revenue Growth
(0)
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' 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 Air Products' market value can be influenced by many factors that don't directly affect Air Products' 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 Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' 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.