Fresenius Inventory vs Non Current Assets Total Analysis

FMS Stock  USD 20.93  0.44  2.06%   
Fresenius Medical financial indicator trend analysis is much more than just examining Fresenius Medical Care latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fresenius Medical Care is a good investment. Please check the relationship between Fresenius Medical Inventory and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresenius Medical Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Inventory vs Non Current Assets Total

Inventory vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresenius Medical Care Inventory account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fresenius Medical's Inventory and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Fresenius Medical Care, assuming nothing else is changed. The correlation between historical values of Fresenius Medical's Inventory and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Fresenius Medical Care are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., Fresenius Medical's Inventory and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Fresenius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fresenius Medical Care 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 Fresenius Medical Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Fresenius Medical's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.94 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B5.3B4.9B3.7B
Total Revenue17.6B19.4B19.5B11.4B

Fresenius Medical fundamental ratios Correlations

-0.56-0.65-0.67-0.54-0.49-0.58-0.66-0.55-0.36-0.37-0.61-0.62-0.41-0.180.18-0.59-0.680.01-0.59-0.6-0.55-0.36-0.50.0-0.11
-0.560.970.670.940.980.620.940.870.960.671.00.620.730.90.560.940.82-0.250.860.990.40.960.77-0.340.51
-0.650.970.630.890.910.630.990.810.890.550.980.660.610.820.450.970.78-0.170.840.990.380.870.75-0.260.42
-0.670.670.630.760.690.720.580.810.580.820.670.480.810.450.160.520.880.10.80.640.690.630.720.040.05
-0.540.940.890.760.960.630.840.840.90.770.940.580.80.830.450.80.79-0.140.920.920.360.920.92-0.210.37
-0.490.980.910.690.960.590.860.860.970.750.970.580.80.910.560.880.81-0.290.880.950.350.970.8-0.370.53
-0.580.620.630.720.630.590.620.80.570.610.630.060.660.520.430.570.79-0.190.60.620.860.570.61-0.20.33
-0.660.940.990.580.840.860.620.770.850.450.960.660.530.780.440.970.75-0.140.80.970.370.820.69-0.230.4
-0.550.870.810.810.840.860.80.770.860.810.860.490.880.80.60.790.97-0.290.780.850.680.850.66-0.350.5
-0.360.960.890.580.90.970.570.850.860.670.940.50.740.970.710.890.78-0.340.80.940.350.980.7-0.440.61
-0.370.670.550.820.770.750.610.450.810.670.640.350.990.590.330.450.78-0.250.720.60.520.740.7-0.310.35
-0.611.00.980.670.940.970.630.960.860.940.640.650.710.870.510.950.82-0.240.871.00.40.930.77-0.320.5
-0.620.620.660.480.580.580.060.660.490.50.350.650.390.36-0.070.640.550.040.650.65-0.030.480.45-0.060.1
-0.410.730.610.810.80.80.660.530.880.740.990.710.390.670.430.540.84-0.30.740.670.550.790.7-0.350.43
-0.180.90.820.450.830.910.520.780.80.970.590.870.360.670.830.840.67-0.370.690.880.280.950.62-0.460.63
0.180.560.450.160.450.560.430.440.60.710.330.51-0.070.430.830.550.45-0.30.250.540.320.690.23-0.350.54
-0.590.940.970.520.80.880.570.970.790.890.450.950.640.540.840.550.76-0.260.730.970.380.860.58-0.350.53
-0.680.820.780.880.790.810.790.750.970.780.780.820.550.840.670.450.76-0.20.790.810.720.780.62-0.250.39
0.01-0.25-0.170.1-0.14-0.29-0.19-0.14-0.29-0.34-0.25-0.240.04-0.3-0.37-0.3-0.26-0.2-0.08-0.23-0.09-0.270.010.95-0.93
-0.590.860.840.80.920.880.60.80.780.80.720.870.650.740.690.250.730.79-0.080.840.310.780.88-0.170.27
-0.60.990.990.640.920.950.620.970.850.940.61.00.650.670.880.540.970.81-0.230.840.390.930.74-0.320.49
-0.550.40.380.690.360.350.860.370.680.350.520.4-0.030.550.280.320.380.72-0.090.310.390.380.26-0.110.22
-0.360.960.870.630.920.970.570.820.850.980.740.930.480.790.950.690.860.78-0.270.780.930.380.72-0.360.54
-0.50.770.750.720.920.80.610.690.660.70.70.770.450.70.620.230.580.620.010.880.740.260.72-0.020.14
0.0-0.34-0.260.04-0.21-0.37-0.2-0.23-0.35-0.44-0.31-0.32-0.06-0.35-0.46-0.35-0.35-0.250.95-0.17-0.32-0.11-0.36-0.02-0.94
-0.110.510.420.050.370.530.330.40.50.610.350.50.10.430.630.540.530.39-0.930.270.490.220.540.14-0.94
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Fresenius Medical Account Relationship Matchups

Fresenius Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding302.7M294.3M293.1M293.2M293.4M405.8M
Total Assets32.9B31.7B34.4B35.8B33.9B18.7B
Short Long Term Debt Total13.8B12.4B13.3B13.2B12.1B6.2B
Other Current Liab2.7B3.0B3.3B3.4B3.6B3.8B
Total Current Liabilities7.0B6.2B7.3B6.5B6.1B3.6B
Total Stockholder Equity13.2B12.3B14.0B15.4B13.6B7.8B
Property Plant And Equipment Net8.5B4.1B4.3B4.2B7.5B7.8B
Net Debt12.8B11.3B11.8B11.9B10.6B5.7B
Retained Earnings9.5B10.3B10.8B10.7B10.9B11.5B
Accounts Payable835.2M827.4M857.5M931.3M885.1M550.9M
Cash1.0B1.1B1.5B1.3B1.4B1.5B
Non Current Assets Total25.8B24.4B26.4B27.6B25.2B13.8B
Non Currrent Assets Other752.5M4.8B5.2B5.0B223.6M212.4M
Cash And Short Term Investments1.1B1.2B1.6B1.4B1.5B1.6B
Net Receivables4.0B3.6B3.9B4.0B4.1B2.6B
Common Stock Total Equity308.1M307.9M304.4M292.9M336.8M304.7M
Liabilities And Stockholders Equity32.9B31.7B34.4B35.8B33.9B18.7B
Non Current Liabilities Total12.7B13.2B13.1B13.8B13.0B7.2B
Inventory1.7B1.9B2.0B2.3B2.2B2.3B
Other Current Assets320.7M455.7M342.9M351.1M332.6M348.1M
Other Stockholder Equity4.5B4.0B4.2B4.8B3.4B3.2B
Total Liab19.7B19.4B20.4B20.3B19.1B10.8B
Property Plant And Equipment Gross8.5B8.2B4.3B4.2B17.9B17.0B
Total Current Assets7.2B7.3B8.0B8.2B8.7B4.9B
Accumulated Other Comprehensive Income(1.0B)(2.2B)(1.3B)(388.5M)(975.2M)(926.4M)
Short Term Debt3.3B1.7B2.6B2.0B1.6B1.1B
Intangible Assets1.4B1.4B1.5B1.5B1.4B1.7B
Common Stock304.4M292.9M293.0M293.4M337.4M258.6M
Current Deferred Revenue201.0M606.3M518.0M105.7M85.8M81.5M
Other Liab2.1B2.5B2.4B2.7B3.1B3.2B
Other Assets1.1B1.1B1.2B1.1B1.3B1.4B
Long Term Debt6.5B6.8B6.6B7.2B7.0B5.7B
Property Plant Equipment8.5B8.2B8.6B8.3B9.6B10.1B
Good Will14.0B13.0B14.4B15.8B14.7B13.9B
Short Term Investments133.3M161.7M136.4M170.0M136.3M140.2M
Net Tangible Assets(3.5B)(3.1B)(3.1B)(3.3B)(3.8B)(4.0B)
Long Term Investments696.9M761.1M786.9M773.7M1.3B853.1M
Short Long Term Debt2.6B1.1B1.9B1.4B944.6M1.7B

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