Element Common Stock vs Accounts Payable Analysis
ESI Stock | USD 27.85 0.44 1.61% |
Element Solutions financial indicator trend analysis is much more than just examining Element Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Element Solutions is a good investment. Please check the relationship between Element Solutions Common Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Element Solutions Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Element Solutions' Common Stock and Accounts Payable is -0.4. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Element Solutions, assuming nothing else is changed. The correlation between historical values of Element Solutions' Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Element Solutions are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Element Solutions' Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Element Solutions obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Element Solutions are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Element Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Element Solutions 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 Element Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.As of now, Element Solutions' Enterprise Value Over EBITDA is increasing as compared to previous years. The Element Solutions' current Enterprise Value Multiple is estimated to increase to 18.81, while Tax Provision is projected to decrease to under 12.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 960.8M | 952.7M | 918.5M | 912.2M | Total Revenue | 2.4B | 2.5B | 2.3B | 2.2B |
Element Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Element Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Element Solutions fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 260.1M | 249.9M | 247.9M | 245.8M | 241.8M | 228.1M | |
Total Assets | 4.3B | 4.5B | 5.1B | 4.9B | 5.0B | 6.6B | |
Short Long Term Debt Total | 1.5B | 1.5B | 1.9B | 1.9B | 1.9B | 2.2B | |
Other Current Liab | 34.1M | 7.1M | 79.2M | 149.2M | 217.3M | 194.0M | |
Total Current Liabilities | 293.8M | 314.3M | 415.2M | 344.4M | 369.4M | 440.5M | |
Total Stockholder Equity | 2.2B | 2.3B | 2.5B | 2.3B | 2.3B | 2.4B | |
Other Liab | 232.1M | 342.9M | 328.2M | 255M | 293.3M | 509.0M | |
Property Plant And Equipment Net | 264.8M | 240.4M | 278.1M | 277.2M | 296.9M | 315.7M | |
Current Deferred Revenue | 155.1M | 204.2M | 184.9M | 51.5M | 59.2M | 56.3M | |
Net Debt | 1.3B | 1.2B | 1.6B | 1.6B | 1.6B | 2.0B | |
Retained Earnings | (1.5B) | (1.5B) | (1.3B) | (1.2B) | (1.2B) | (1.2B) | |
Accounts Payable | 96.8M | 95.6M | 138.4M | 132.2M | 140.6M | 147.8M | |
Cash | 190.1M | 291.9M | 330.1M | 265.6M | 289.3M | 329.7M | |
Non Current Assets Total | 3.5B | 3.5B | 3.9B | 3.7B | 3.8B | 5.0B | |
Non Currrent Assets Other | 102.2M | 144.5M | 68.9M | 97.6M | 115.1M | 109.3M | |
Other Assets | 400K | 147M | 162.8M | 134.4M | 154.6M | 146.8M | |
Long Term Debt | 1.5B | 1.5B | 1.9B | 1.9B | 1.9B | 2.2B | |
Cash And Short Term Investments | 190.1M | 291.9M | 330.1M | 265.6M | 289.3M | 329.7M | |
Net Receivables | 363.9M | 403.4M | 492.2M | 455.8M | 461.8M | 598.2M | |
Good Will | 2.2B | 2.3B | 2.5B | 2.4B | 2.3B | 2.7B | |
Liabilities And Stockholders Equity | 4.3B | 4.5B | 5.1B | 4.9B | 5.0B | 6.6B | |
Non Current Liabilities Total | 1.8B | 1.9B | 2.2B | 2.2B | 2.3B | 2.6B | |
Inventory | 199.6M | 203.1M | 274.4M | 290.7M | 298.9M | 297.9M | |
Other Current Assets | 50.3M | 67.5M | 88.4M | 138.1M | 147.5M | 107.2M | |
Other Stockholder Equity | 4.0B | 4.0B | 4.0B | 3.9B | 3.9B | 2.7B | |
Total Liab | 2.1B | 2.2B | 2.6B | 2.6B | 2.6B | 3.0B | |
Property Plant And Equipment Gross | 264.8M | 240M | 545.1M | 566M | 621.2M | 396.3M | |
Total Current Assets | 833.4M | 989.9M | 1.2B | 1.2B | 1.2B | 1.6B | |
Accumulated Other Comprehensive Income | (280.5M) | (194.8M) | (197.4M) | (298.1M) | (345.9M) | (363.2M) | |
Treasury Stock | (3.5M) | (78.9M) | (137.7M) | (159.2M) | (143.3M) | (136.1M) | |
Short Term Debt | 7.8M | 7.4M | 12.7M | 11.5M | 10.4M | 9.8M | |
Intangible Assets | 944.4M | 855.9M | 956.7M | 805.5M | 879.3M | 1.2B | |
Property Plant Equipment | 264.8M | 240.4M | 278.1M | 277.2M | 318.8M | 314.7M | |
Net Tangible Assets | (903.1M) | (788.8M) | (1.0B) | 1.5B | 1.8B | 1.8B | |
Noncontrolling Interest In Consolidated Entity | (1.6M) | (1.7M) | 20.1M | 16.6M | 14.9M | 14.2M | |
Retained Earnings Total Equity | (1.5B) | (1.5B) | (1.3B) | (1.2B) | (1.1B) | (1.2B) | |
Long Term Debt Total | 1.5B | 1.5B | 1.9B | 1.9B | 1.7B | 2.6B |
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When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 Element Solutions. If investors know Element 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 Element Solutions 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 2.155 | Dividend Share 0.32 | Earnings Share 1.09 | Revenue Per Share 9.949 | Quarterly Revenue Growth 0.076 |
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.