Becton Current Deferred Revenue vs Retained Earnings Analysis

BDX Stock  USD 227.68  3.85  1.72%   
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Current Deferred Revenue and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson 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 unemployment.

Current Deferred Revenue vs Retained Earnings

Current Deferred Revenue vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Becton Dickinson's Current Deferred Revenue and Retained Earnings is -0.36. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Becton Dickinson and are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Becton Dickinson's Current Deferred Revenue and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson 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 Becton Dickinson 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 unemployment.
At this time, Becton Dickinson's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 172.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (39.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit8.5B8.2B9.1B9.6B
Total Revenue18.9B19.4B20.2B21.2B

Becton Dickinson fundamental ratios Correlations

0.950.90.940.980.940.930.750.040.990.32-0.010.950.390.960.920.630.90.980.790.550.70.940.920.540.74
0.950.790.870.870.860.890.730.220.910.350.170.90.250.990.830.430.790.990.650.670.690.910.790.540.64
0.90.790.840.940.860.80.63-0.030.890.4-0.070.870.460.80.860.680.890.830.810.460.560.790.90.40.79
0.940.870.840.930.920.930.8-0.150.940.27-0.180.950.280.850.970.670.80.910.880.430.840.850.930.520.79
0.980.870.940.930.940.890.73-0.040.980.3-0.090.930.460.890.940.720.930.920.850.480.660.890.960.490.79
0.940.860.860.920.940.840.910.020.910.360.00.970.180.860.970.620.770.90.860.580.620.810.890.70.74
0.930.890.80.930.890.840.66-0.240.960.29-0.290.890.360.90.860.570.830.930.690.280.830.960.830.460.64
0.750.730.630.80.730.910.660.120.70.220.120.87-0.210.710.860.50.440.750.740.630.570.60.690.850.58
0.040.22-0.03-0.15-0.040.02-0.240.12-0.130.11.0-0.02-0.230.18-0.08-0.31-0.10.11-0.110.81-0.32-0.11-0.090.19-0.02
0.990.910.890.940.980.910.960.7-0.130.29-0.180.920.450.930.910.670.930.960.780.40.730.960.920.480.72
0.320.350.40.270.30.360.290.220.10.290.090.440.020.330.34-0.260.260.330.320.290.030.220.310.110.42
-0.010.17-0.07-0.18-0.090.0-0.290.121.0-0.180.09-0.04-0.280.13-0.11-0.33-0.160.06-0.130.8-0.35-0.16-0.130.2-0.03
0.950.90.870.950.930.970.890.87-0.020.920.44-0.040.170.880.970.550.770.930.850.560.710.830.90.630.79
0.390.250.460.280.460.180.36-0.21-0.230.450.02-0.280.170.30.220.410.710.310.3-0.150.170.440.48-0.270.47
0.960.990.80.850.890.860.90.710.180.930.330.130.880.30.810.460.830.990.620.620.630.940.790.560.61
0.920.830.860.970.940.970.860.86-0.080.910.34-0.110.970.220.810.660.770.880.920.50.730.780.940.590.82
0.630.430.680.670.720.620.570.5-0.310.67-0.26-0.330.550.410.460.660.670.530.660.10.590.590.690.350.51
0.90.790.890.80.930.770.830.44-0.10.930.26-0.160.770.710.830.770.670.850.70.320.560.880.880.230.7
0.980.990.830.910.920.90.930.750.110.960.330.060.930.310.990.880.530.850.70.590.70.950.850.560.67
0.790.650.810.880.850.860.690.74-0.110.780.32-0.130.850.30.620.920.660.70.70.430.590.580.940.410.84
0.550.670.460.430.480.580.280.630.810.40.290.80.56-0.150.620.50.10.320.590.430.160.340.440.520.43
0.70.690.560.840.660.620.830.57-0.320.730.03-0.350.710.170.630.730.590.560.70.590.160.710.650.330.54
0.940.910.790.850.890.810.960.6-0.110.960.22-0.160.830.440.940.780.590.880.950.580.340.710.780.470.55
0.920.790.90.930.960.890.830.69-0.090.920.31-0.130.90.480.790.940.690.880.850.940.440.650.780.380.86
0.540.540.40.520.490.70.460.850.190.480.110.20.63-0.270.560.590.350.230.560.410.520.330.470.380.39
0.740.640.790.790.790.740.640.58-0.020.720.42-0.030.790.470.610.820.510.70.670.840.430.540.550.860.39
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Becton Dickinson Account Relationship Matchups

Becton Dickinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.0B53.9B52.9B52.8B57.3B60.2B
Short Long Term Debt Total17.9B17.6B16.1B15.9B20.1B21.1B
Other Current Liab3.6B4.2B3.8B3.7B4.7B5.0B
Total Current Liabilities5.8B6.6B7.8B6.6B9.0B9.4B
Total Stockholder Equity23.8B23.7B25.3B25.8B25.9B27.2B
Property Plant And Equipment Net5.9B6.4B6.0B7.1B6.8B7.2B
Net Debt15.1B15.3B15.1B14.5B18.3B19.2B
Retained Earnings12.8B13.8B15.2B15.5B16.1B16.9B
Cash2.8B2.3B1.0B1.4B1.9B1.2B
Non Current Assets Total45.0B45.0B44.8B44.1B46.8B49.2B
Non Currrent Assets Other1.7B2.0B(3.4B)1.6B2.6B2.7B
Cash And Short Term Investments2.8B2.3B1.0B1.4B2.3B1.4B
Net Receivables2.4B2.4B2.2B2.5B3.0B3.2B
Common Stock Shares Outstanding282.4M292.1M287.4M288.4M291.0M215.4M
Liabilities And Stockholders Equity54.0B53.9B52.9B52.8B57.3B60.2B
Non Current Liabilities Total24.4B23.6B19.8B20.3B22.4B23.6B
Inventory2.7B2.9B3.2B3.3B3.8B4.0B
Other Current Assets983M1.5B3.3B1.4B1.3B1.4B
Other Stockholder Equity13.1B11.6B11.2B11.4B9.4B9.9B
Total Liab30.2B30.2B27.6B27.0B31.4B33.0B
Property Plant And Equipment Gross5.9B12.9B12.4B13.6B15.6B16.4B
Total Current Assets9.0B8.8B8.1B8.7B10.5B11.0B
Accumulated Other Comprehensive Income(2.5B)(2.1B)(1.5B)(1.5B)(1.4B)(1.4B)
Short Term Debt706M500M2.2B1.1B2.2B2.3B
Intangible Assets13.8B12.8B12.3B10.9B10.9B11.5B
Accounts Payable1.4B1.7B1.7B1.6B1.9B2.0B
Short Term Investments30M20M12M8M445M229.6M
Other Liab6.9B6.5B5.9B5.2B6.0B6.3B
Long Term Debt17.2B17.1B13.9B14.7B16.9B17.8B
Good Will23.6B23.9B24.6B24.5B26.5B27.8B
Treasury Stock(6.2B)(6.1B)(7.7B)(8.3B)(7.5B)(7.9B)
Property Plant Equipment5.9B6.4B6.0B6.6B7.5B4.0B
Current Deferred Revenue(1.1B)(1.4B)(1.8B)(1.6B)(1.5B)(1.4B)
Net Tangible Assets(13.7B)(13.0B)(11.6B)(9.7B)(8.7B)(9.1B)
Long Term Debt Total17.2B17.1B13.9B14.7B16.9B13.8B

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