Elbit Change To Operating Activities vs Net Income Analysis

ESLT Stock

USD 452.15 0.67 0.15%

Elbit Systems financial indicator trend analysis is much more than just examining Elbit Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elbit Systems is a good investment. Please check the relationship between Elbit Systems Change To Operating Activities and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elbit Systems Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Elbit Systems' Change To Operating Activities and Net Income is -0.37. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Elbit Systems, assuming nothing else is changed. The correlation between historical values of Elbit Systems' Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Elbit Systems are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Elbit Systems' Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Elbit Systems financial statement analysis. It represents the amount of money remaining after all of Elbit Systems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Elbit Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elbit Systems 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 Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 13.4 B in 2025, whereas Selling General Administrative is likely to drop slightly above 196.5 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	1.4B	1.5B	1.6B	1.7B
Total Revenue	5.5B	6.0B	6.8B	7.2B

Gross Profit Total Revenue

Elbit Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.95	0.58	0.99	0.99	0.98	0.94	0.98	0.98	0.48	0.99	0.57	0.26	0.99	0.62	0.94	0.96	0.69	0.86	1.0	1.0	0.84	0.67	0.77	0.83	0.32
Short Long Term Debt Total	0.95		0.68	0.93	0.9	0.95	0.99	0.89	0.91	0.5	0.97	0.52	0.3	0.93	0.62	0.97	0.87	0.77	0.91	0.96	0.93	0.78	0.66	0.82	0.74	0.48
Other Current Liab	0.58	0.68		0.56	0.53	0.53	0.69	0.54	0.54	0.39	0.6	0.41	0.27	0.58	0.48	0.63	0.48	0.49	0.67	0.59	0.56	0.42	0.47	0.66	0.41	0.53
Total Current Liabilities	0.99	0.93	0.56		0.99	0.99	0.92	0.98	0.99	0.41	0.98	0.54	0.19	0.98	0.57	0.9	0.97	0.67	0.83	0.99	1.0	0.88	0.62	0.73	0.82	0.24
Total Stockholder Equity	0.99	0.9	0.53	0.99		0.96	0.88	1.0	0.98	0.46	0.97	0.58	0.25	0.99	0.62	0.88	0.96	0.61	0.84	0.98	0.99	0.86	0.68	0.72	0.84	0.22
Property Plant And Equipment Net	0.98	0.95	0.53	0.99	0.96		0.94	0.95	0.97	0.4	0.97	0.46	0.19	0.97	0.53	0.91	0.97	0.69	0.84	0.98	0.98	0.87	0.58	0.7	0.75	0.25
Net Debt	0.94	0.99	0.69	0.92	0.88	0.94		0.87	0.91	0.4	0.95	0.49	0.2	0.92	0.55	0.94	0.86	0.76	0.89	0.95	0.91	0.78	0.59	0.79	0.71	0.46
Retained Earnings	0.98	0.89	0.54	0.98	1.0	0.95	0.87		0.98	0.48	0.96	0.61	0.26	0.99	0.63	0.88	0.94	0.6	0.84	0.97	0.98	0.85	0.69	0.75	0.86	0.22
Accounts Payable	0.98	0.91	0.54	0.99	0.98	0.97	0.91	0.98		0.39	0.97	0.56	0.14	0.99	0.54	0.88	0.94	0.61	0.84	0.98	0.98	0.89	0.6	0.75	0.86	0.17
Cash	0.48	0.5	0.39	0.41	0.46	0.4	0.4	0.48	0.39		0.51	0.53	0.9	0.45	0.82	0.59	0.35	0.4	0.65	0.48	0.45	0.26	0.81	0.71	0.45	0.45
Non Current Assets Total	0.99	0.97	0.6	0.98	0.97	0.97	0.95	0.96	0.97	0.51		0.61	0.29	0.98	0.65	0.96	0.92	0.72	0.89	0.99	0.97	0.81	0.7	0.83	0.85	0.39
Non Currrent Assets Other	0.57	0.52	0.41	0.54	0.58	0.46	0.49	0.61	0.56	0.53	0.61		0.45	0.58	0.63	0.58	0.46	0.38	0.59	0.57	0.54	0.42	0.64	0.74	0.8	0.34
Cash And Short Term Investments	0.26	0.3	0.27	0.19	0.25	0.19	0.2	0.26	0.14	0.9	0.29	0.45		0.22	0.79	0.4	0.18	0.28	0.41	0.26	0.24	0.05	0.77	0.45	0.24	0.49
Net Receivables	0.99	0.93	0.58	0.98	0.99	0.97	0.92	0.99	0.99	0.45	0.98	0.58	0.22		0.6	0.91	0.93	0.61	0.87	0.98	0.99	0.83	0.65	0.77	0.84	0.27
Common Stock Shares Outstanding	0.62	0.62	0.48	0.57	0.62	0.53	0.55	0.63	0.54	0.82	0.65	0.63	0.79	0.6		0.67	0.52	0.38	0.69	0.61	0.59	0.42	0.99	0.67	0.65	0.52
Non Current Liabilities Total	0.94	0.97	0.63	0.9	0.88	0.91	0.94	0.88	0.88	0.59	0.96	0.58	0.4	0.91	0.67		0.83	0.77	0.88	0.95	0.91	0.67	0.71	0.85	0.78	0.57
Inventory	0.96	0.87	0.48	0.97	0.96	0.97	0.86	0.94	0.94	0.35	0.92	0.46	0.18	0.93	0.52	0.83		0.64	0.74	0.95	0.98	0.86	0.57	0.59	0.73	0.17
Other Current Assets	0.69	0.77	0.49	0.67	0.61	0.69	0.76	0.6	0.61	0.4	0.72	0.38	0.28	0.61	0.38	0.77	0.64		0.63	0.72	0.66	0.44	0.41	0.63	0.48	0.6
Other Stockholder Equity	0.86	0.91	0.67	0.83	0.84	0.84	0.89	0.84	0.84	0.65	0.89	0.59	0.41	0.87	0.69	0.88	0.74	0.63		0.87	0.83	0.7	0.72	0.91	0.69	0.41
Total Liab	1.0	0.96	0.59	0.99	0.98	0.98	0.95	0.97	0.98	0.48	0.99	0.57	0.26	0.98	0.61	0.95	0.95	0.72	0.87		0.99	0.83	0.66	0.78	0.83	0.35
Total Current Assets	1.0	0.93	0.56	1.0	0.99	0.98	0.91	0.98	0.98	0.45	0.97	0.54	0.24	0.99	0.59	0.91	0.98	0.66	0.83	0.99		0.85	0.64	0.72	0.81	0.25
Short Term Debt	0.84	0.78	0.42	0.88	0.86	0.87	0.78	0.85	0.89	0.26	0.81	0.42	0.05	0.83	0.42	0.67	0.86	0.44	0.7	0.83	0.85		0.47	0.55	0.72	-0.13
Common Stock	0.67	0.66	0.47	0.62	0.68	0.58	0.59	0.69	0.6	0.81	0.7	0.64	0.77	0.65	0.99	0.71	0.57	0.41	0.72	0.66	0.64	0.47		0.69	0.69	0.51
Other Liab	0.77	0.82	0.66	0.73	0.72	0.7	0.79	0.75	0.75	0.71	0.83	0.74	0.45	0.77	0.67	0.85	0.59	0.63	0.91	0.78	0.72	0.55	0.69		0.77	0.49
Other Assets	0.83	0.74	0.41	0.82	0.84	0.75	0.71	0.86	0.86	0.45	0.85	0.8	0.24	0.84	0.65	0.78	0.73	0.48	0.69	0.83	0.81	0.72	0.69	0.77		0.23
Long Term Debt	0.32	0.48	0.53	0.24	0.22	0.25	0.46	0.22	0.17	0.45	0.39	0.34	0.49	0.27	0.52	0.57	0.17	0.6	0.41	0.35	0.25	-0.13	0.51	0.49	0.23

Click cells to compare fundamentals

Elbit Systems Account Relationship Matchups

High Positive Relationship

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets

High Negative Relationship

Long Term Debt

- 0.13

Short Term Debt

Elbit Systems fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.1B	9.3B	9.2B	9.7B	11.0B	11.5B
Short Long Term Debt Total	1.2B	1.5B	1.3B	1.5B	1.4B	1.4B
Other Current Liab	1.2B	2.8B	1.1B	2.8B	1.2B	903.8M
Total Current Liabilities	3.6B	4.0B	4.3B	4.8B	5.3B	5.6B
Total Stockholder Equity	2.2B	2.5B	2.8B	2.9B	3.3B	3.4B
Property Plant And Equipment Net	1.2B	1.3B	1.4B	1.5B	1.8B	1.9B
Net Debt	924.4M	1.2B	1.1B	1.3B	1.1B	1.2B
Retained Earnings	2.0B	2.2B	2.4B	2.5B	2.7B	2.9B
Accounts Payable	1.0B	1.0B	1.1B	1.3B	1.3B	1.4B
Cash	278.8M	259.0M	211.1M	197.4M	265.4M	174.1M
Non Current Assets Total	3.8B	4.3B	4.2B	4.2B	4.6B	4.8B
Non Currrent Assets Other	605.8M	617.3M	601.8M	652.2M	797.9M	417.0M
Cash And Short Term Investments	280.3M	260.2M	212.1M	207.9M	266.7M	204.3M
Net Receivables	2.5B	2.8B	2.7B	2.8B	3.1B	3.3B
Common Stock Shares Outstanding	44.2M	44.3M	44.6M	44.6M	44.7M	43.8M
Liabilities And Stockholders Equity	8.1B	9.3B	9.2B	9.7B	11.0B	11.5B
Non Current Liabilities Total	2.2B	2.7B	2.2B	2.0B	2.4B	2.5B
Inventory	1.3B	1.7B	1.9B	2.3B	2.8B	2.9B
Other Current Assets	131.5M	255.4M	298.7M	195.3M	205.3M	215.6M
Other Stockholder Equity	415.7M	421.0M	431.4M	439.9M	459.3M	282.3M
Total Liab	5.8B	6.8B	6.5B	6.8B	7.7B	8.1B
Total Current Assets	4.3B	5.0B	5.0B	5.5B	6.4B	6.7B
Short Term Debt	396.5M	183.1M	261.0M	719.3M	610.3M	640.8M
Accumulated Other Comprehensive Income	(211.2M)	(97.9M)	(71.6M)	(17.6M)	64.3M	67.5M
Other Liab	1.2B	1.4B	1.5B	1.2B	1.3B	674.8M
Other Assets	692.4M	775.6M	682.5M	727.4M	836.5M	878.3M
Long Term Debt	408.8M	884.9M	680.1M	384.1M	305.9M	397.1M
Good Will	1.3B	1.6B	1.5B	1.5B	1.5B	1.6B
Intangible Assets	290.8M	473.9M	435.1M	390.5M	354.8M	243.4M
Property Plant Equipment	1.1B	1.2B	1.3B	1.4B	1.6B	1.6B
Current Deferred Revenue	1.0B	1.5B	1.8B	1.6B	2.1B	2.3B
Short Term Investments	1.5M	1.2M	1.0M	10.5M	1.3M	1.3M
Property Plant And Equipment Gross	1.2B	1.3B	1.4B	3.0B	3.4B	3.5B
Net Tangible Assets	505.5M	621.1M	512.0M	820.0M	943.0M	719.0M
Long Term Investments	195.6M	316.1M	272.1M	152.5M	135.1M	211.7M
Short Long Term Debt	331.0M	106.4M	191.6M	651.9M	525.4M	346.7M

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