MetLife Total Current Assets vs Non Current Liabilities Total Analysis

MET Stock  USD 85.51  1.48  1.76%   
MetLife financial indicator trend analysis is infinitely more than just investigating MetLife recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MetLife is a good investment. Please check the relationship between MetLife Total Current Assets and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MetLife Total Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between MetLife's Total Current Assets and Non Current Liabilities Total is 0.05. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of MetLife, assuming nothing else is changed. The correlation between historical values of MetLife's Total Current Assets and Non Current Liabilities 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 Total Current Assets of MetLife are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., MetLife's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Liabilities Total

Most indicators from MetLife's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MetLife 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.At this time, MetLife's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 21.48 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.8 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit71.1B69.9B66.4B52.8B
Total Revenue71.1B69.9B66.4B52.8B

MetLife fundamental ratios Correlations

0.760.620.850.850.750.69-0.12-0.25-0.220.39-0.50.920.750.08-0.47-0.23-0.420.580.51-0.160.420.560.090.410.66
0.760.770.50.490.820.40.510.35-0.130.7-0.20.851.00.24-0.850.15-0.30.470.270.10.730.890.620.70.17
0.620.770.440.440.540.690.290.18-0.160.16-0.040.680.780.57-0.66-0.07-0.270.01-0.040.570.660.880.430.160.19
0.850.50.441.00.430.74-0.29-0.43-0.130.18-0.560.810.49-0.09-0.15-0.42-0.320.570.67-0.150.330.31-0.080.190.88
0.850.490.441.00.430.74-0.29-0.43-0.130.17-0.570.810.49-0.09-0.14-0.42-0.320.570.67-0.150.330.3-0.080.190.88
0.750.820.540.430.430.330.260.19-0.420.6-0.580.810.790.17-0.580.14-0.60.580.2-0.190.370.670.340.610.35
0.690.40.690.740.740.33-0.31-0.54-0.33-0.2-0.430.660.40.33-0.07-0.61-0.440.140.20.30.250.41-0.17-0.190.69
-0.120.510.29-0.29-0.290.26-0.310.840.190.580.30.110.530.04-0.660.620.170.14-0.080.310.50.570.830.56-0.54
-0.250.350.18-0.43-0.430.19-0.540.840.150.550.34-0.020.360.18-0.610.70.16-0.07-0.270.190.420.470.780.52-0.61
-0.22-0.13-0.16-0.13-0.13-0.42-0.330.190.15-0.090.59-0.35-0.09-0.370.00.450.96-0.040.250.120.24-0.280.11-0.09-0.33
0.390.70.160.180.170.6-0.20.580.55-0.09-0.130.530.7-0.09-0.720.37-0.20.520.28-0.40.460.530.651.0-0.09
-0.5-0.2-0.04-0.56-0.57-0.58-0.430.30.340.59-0.13-0.59-0.150.05-0.220.310.72-0.56-0.270.430.18-0.050.3-0.14-0.81
0.920.850.680.810.810.810.660.11-0.02-0.350.53-0.590.830.14-0.55-0.16-0.550.610.44-0.120.50.720.280.530.62
0.751.00.780.490.490.790.40.530.36-0.090.7-0.150.830.24-0.870.15-0.260.440.270.130.760.890.640.70.15
0.080.240.57-0.09-0.090.170.330.040.18-0.37-0.090.050.140.24-0.23-0.32-0.31-0.66-0.770.530.170.43-0.01-0.1-0.1
-0.47-0.85-0.66-0.15-0.14-0.58-0.07-0.66-0.610.0-0.72-0.22-0.55-0.87-0.23-0.40.1-0.23-0.11-0.18-0.73-0.87-0.82-0.710.25
-0.230.15-0.07-0.42-0.420.14-0.610.620.70.450.370.31-0.160.15-0.32-0.40.390.230.09-0.080.220.160.60.36-0.52
-0.42-0.3-0.27-0.32-0.32-0.6-0.440.170.160.96-0.20.72-0.55-0.26-0.310.10.39-0.230.080.20.09-0.390.04-0.2-0.49
0.580.470.010.570.570.580.140.14-0.07-0.040.52-0.560.610.44-0.66-0.230.23-0.230.85-0.530.20.20.240.530.5
0.510.27-0.040.670.670.20.2-0.08-0.270.250.28-0.270.440.27-0.77-0.110.090.080.85-0.430.250.010.130.30.52
-0.160.10.57-0.15-0.15-0.190.30.310.190.12-0.40.43-0.120.130.53-0.18-0.080.2-0.53-0.430.290.350.2-0.42-0.26
0.420.730.660.330.330.370.250.50.420.240.460.180.50.760.17-0.730.220.090.20.250.290.690.760.46-0.02
0.560.890.880.310.30.670.410.570.47-0.280.53-0.050.720.890.43-0.870.16-0.390.20.010.350.690.710.520.01
0.090.620.43-0.08-0.080.34-0.170.830.780.110.650.30.280.64-0.01-0.820.60.040.240.130.20.760.710.63-0.4
0.410.70.160.190.190.61-0.190.560.52-0.091.0-0.140.530.7-0.1-0.710.36-0.20.530.3-0.420.460.520.63-0.08
0.660.170.190.880.880.350.69-0.54-0.61-0.33-0.09-0.810.620.15-0.10.25-0.52-0.490.50.52-0.26-0.020.01-0.4-0.08
Click cells to compare fundamentals

MetLife Account Relationship Matchups

MetLife fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding944.4M913.2M869.4M808.9M762.3M954.7M
Total Assets740.5B795.1B759.7B666.6B687.6B656.2B
Short Long Term Debt Total16.9B18.1B17.4B18.0B18.8B18.1B
Other Current Liab(235M)(393M)(341M)(2.8B)190M180.5M
Total Current Liabilities235M393M341M217M309M293.6M
Total Stockholder Equity66.1B74.6B67.5B27.0B30.0B46.4B
Net Debt253M(1.6B)(2.6B)(2.2B)(1.8B)(1.7B)
Retained Earnings33.1B36.5B41.2B42.0B40.1B24.7B
Cash16.6B19.8B20.0B20.2B20.6B12.6B
Other Assets8.6B6.1B(10.1B)357.5B373.7B392.4B
Cash And Short Term Investments348.3B378.5B367.5B301.9B308.1B188.5B
Liabilities And Stockholders Equity740.5B795.1B759.7B666.6B687.6B656.2B
Non Current Liabilities Total25.7B28.8B26.8B639.1B657.0B689.9B
Other Stockholder Equity20.0B20.0B15.4B12.2B9.1B8.6B
Total Liab674.1B720.3B692.0B639.3B657.3B609.5B
Total Current Assets368.7B396.4B384.8B297.0B302.1B286.7B
Accumulated Other Comprehensive Income13.1B18.1B10.9B(27.1B)(19.2B)(18.3B)
Short Term Debt268M235M393M341M119M113.1M
Other Liab548.5B663.5B633.0B512.5B589.3B618.8B
Accounts Payable363M129M2.2B20.8B18.7B19.7B
Non Current Assets Total363.1B392.7B385.0B12.1B11.8B11.3B
Non Currrent Assets Other(363.1B)(392.7B)(385.0B)(309.3B)(164.7B)(173.0B)
Long Term Debt4.1B4.0B17.1B17.8B18.7B13.0B
Net Receivables20.4B17.9B17.3B17.5B29.2B18.7B
Good Will9.3B10.1B9.5B9.3B9.2B7.7B
Short Term Investments331.7B358.7B347.5B281.7B287.5B190.6B
Inventory(62.4B)(59.9B)(55.4B)(104.3B)(93.9B)(89.2B)
Treasury Stock(12.7B)(13.8B)(18.2B)(21.5B)(19.3B)(18.3B)
Intangible Assets19.1B18.7B18.3B25.5B20.9B12.2B
Property Plant Equipment2.8B2.6B2.2B1.9B2.1B1.5B
Property Plant And Equipment Net354.0B381.7B375.3B1.9B(148.6B)(141.2B)
Other Current Assets62.4B59.9B55.4B(22.4B)69.1B97.5B
Noncontrolling Interest In Consolidated Entity238M259M267M247M284.1M303.9M
Retained Earnings Total Equity33.1B36.5B41.2B42.0B48.2B30.2B
Deferred Long Term Liab9.1B11.0B9.7B325M373.8M355.1M
Net Tangible Assets56.8B64.4B57.9B17.7B16.0B15.2B

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Additional Tools for MetLife Stock Analysis

When running MetLife's price analysis, check to measure MetLife's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MetLife is operating at the current time. Most of MetLife's value examination focuses on studying past and present price action to predict the probability of MetLife's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetLife's price. Additionally, you may evaluate how the addition of MetLife to your portfolios can decrease your overall portfolio volatility.