Ecolab Other Operating Expenses vs Selling General Administrative Analysis
ECL Stock | USD 247.38 0.46 0.19% |
Ecolab financial indicator trend analysis is much more than just examining Ecolab Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ecolab Inc is a good investment. Please check the relationship between Ecolab Other Operating Expenses and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Operating Expenses vs Selling General Administrative
Other Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ecolab Inc Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ecolab's Other Operating Expenses and Selling General Administrative is 0.81. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ecolab Inc, assuming nothing else is changed. The correlation between historical values of Ecolab's Other Operating Expenses and Selling General Administrative 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 Operating Expenses of Ecolab Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., Ecolab's Other Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ecolab Inc. It is also known as Ecolab overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Selling General Administrative
Most indicators from Ecolab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ecolab Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Ecolab's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.27 this year, although the value of Tax Provision will most likely fall to about 231.3 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 218.3M | 348.9M | 366.3M | Depreciation And Amortization | 843.1M | 923.6M | 969.8M |
Ecolab fundamental ratios Correlations
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Ecolab Account Relationship Matchups
High Positive Relationship
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Ecolab fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.9B | 18.1B | 21.2B | 21.5B | 21.8B | 22.9B | |
Short Long Term Debt Total | 6.8B | 7.0B | 9.0B | 8.9B | 8.7B | 9.2B | |
Other Current Liab | 2.0B | 1.5B | 1.4B | 1.6B | 1.8B | 1.8B | |
Total Current Liabilities | 3.6B | 2.9B | 3.6B | 4.2B | 4.3B | 4.6B | |
Total Stockholder Equity | 8.7B | 6.2B | 7.2B | 7.2B | 8.0B | 8.4B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.7B | 3.7B | 4.0B | 4.2B | |
Net Debt | 6.7B | 5.7B | 8.7B | 8.3B | 7.8B | 8.2B | |
Retained Earnings | 10.0B | 8.2B | 8.8B | 9.3B | 10.1B | 10.6B | |
Cash | 118.8M | 1.3B | 359.9M | 598.6M | 919.5M | 965.5M | |
Non Current Assets Total | 16.0B | 13.0B | 16.5B | 16.0B | 16.2B | 17.0B | |
Non Currrent Assets Other | 3.7B | 476M | 546M | 382.5M | 413.4M | 448.1M | |
Cash And Short Term Investments | 118.8M | 1.3B | 359.9M | 598.6M | 919.5M | 965.5M | |
Net Receivables | 2.5B | 2.3B | 2.5B | 2.7B | 3.0B | 3.2B | |
Common Stock Shares Outstanding | 292.5M | 287M | 289.1M | 286.6M | 286.5M | 286.2M | |
Liabilities And Stockholders Equity | 20.9B | 18.1B | 21.2B | 21.5B | 21.8B | 22.9B | |
Non Current Liabilities Total | 8.5B | 9.0B | 10.4B | 10.0B | 9.4B | 9.9B | |
Inventory | 1.1B | 1.3B | 1.5B | 1.8B | 1.5B | 1.6B | |
Other Current Assets | 33.1M | 298.2M | 357M | 404.7M | 206.3M | 133.3M | |
Other Stockholder Equity | 421.7M | (444.7M) | (319.6M) | (720.8M) | (546.0M) | (518.7M) | |
Total Liab | 12.1B | 11.9B | 14.0B | 14.2B | 13.8B | 14.5B | |
Total Current Assets | 4.8B | 5.1B | 4.7B | 5.5B | 5.6B | 5.9B | |
Short Term Debt | 502.6M | 142.9M | 526.1M | 613.4M | 756.5M | 408.3M | |
Intangible Assets | 2.9B | 3.0B | 4.2B | 3.7B | 3.5B | 1.8B | |
Accounts Payable | 1.1B | 1.2B | 1.4B | 1.7B | 1.6B | 1.6B | |
Property Plant And Equipment Gross | 4.5B | 3.5B | 3.7B | 3.7B | 8.2B | 8.6B | |
Accumulated Other Comprehensive Income | (2.1B) | (2.0B) | (1.6B) | (1.7B) | (1.9B) | (1.8B) | |
Common Stock Total Equity | 359.6M | 362.6M | 364.1M | 364.7M | 419.4M | 347.6M | |
Common Stock | 359.6M | 362.6M | 364.1M | 364.7M | 365.7M | 342.4M | |
Other Liab | 2.1B | 2.0B | 1.8B | 1.6B | 1.8B | 1.3B | |
Other Assets | 584.1M | 476M | 546M | 535.1M | 1.0 | 0.95 | |
Long Term Debt | 6.0B | 6.7B | 8.3B | 8.1B | 7.6B | 4.1B | |
Treasury Stock | (5.5B) | (6.7B) | (6.8B) | (7.3B) | (6.6B) | (6.2B) | |
Property Plant Equipment | 4.0B | 3.1B | 3.7B | 3.7B | 4.3B | 2.3B | |
Good Will | 5.6B | 6.0B | 8.1B | 8.0B | 8.1B | 4.7B | |
Net Tangible Assets | (2.2B) | (2.8B) | (5.1B) | (4.5B) | (4.0B) | (4.2B) | |
Current Deferred Revenue | 76.7M | 80.4M | 91.7M | 116.5M | 110.9M | 105.4M | |
Noncontrolling Interest In Consolidated Entity | 40.5M | 35M | 28.9M | 22.5M | 20.3M | 39.4M | |
Retained Earnings Total Equity | 10.0B | 8.2B | 8.8B | 9.3B | 10.7B | 7.1B | |
Long Term Debt Total | 6.0B | 6.7B | 8.3B | 8.1B | 9.3B | 6.1B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ecolab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Specialty Chemicals 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 Ecolab. If investors know Ecolab 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 Ecolab 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 0.065 | Dividend Share 2.28 | Earnings Share 7.14 | Revenue Per Share 55.042 | Quarterly Revenue Growth 0.178 |
The market value of Ecolab Inc is measured differently than its book value, which is the value of Ecolab that is recorded on the company's balance sheet. Investors also form their own opinion of Ecolab's value that differs from its market value or its book value, called intrinsic value, which is Ecolab'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 Ecolab's market value can be influenced by many factors that don't directly affect Ecolab'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 Ecolab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecolab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecolab'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.