Silgan Net Tangible Assets vs Net Receivables Analysis

SLGN Stock  USD 55.72  0.35  0.63%   
Silgan Holdings financial indicator trend analysis is much more than just breaking down Silgan Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silgan Holdings is a good investment. Please check the relationship between Silgan Holdings Net Tangible Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgan Holdings Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Silgan Holdings' Net Tangible Assets and Net Receivables is -0.18. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Silgan Holdings, assuming nothing else is changed. The correlation between historical values of Silgan Holdings' Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Silgan Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Silgan Holdings' Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from Silgan Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgan Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.At this time, Silgan Holdings' Tax Provision is very stable compared to the past year. As of the 25th of July 2025, Enterprise Value is likely to grow to about 8.4 B, while Selling General Administrative is likely to drop about 241.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.0B218.5M1.0B520.0M
Total Revenue6.4B6.0B5.9B3.6B

Silgan Holdings fundamental ratios Correlations

0.920.510.630.980.83-0.90.970.980.980.841.00.210.840.780.99-0.70.930.740.930.321.00.940.980.040.91
0.920.550.830.920.74-0.760.850.850.850.910.890.160.910.710.88-0.620.770.660.860.380.910.860.960.370.82
0.510.550.580.550.26-0.390.440.520.460.560.50.140.560.160.48-0.340.410.220.470.730.50.490.540.340.53
0.630.830.580.70.48-0.550.480.580.550.840.57-0.080.840.390.56-0.370.380.490.680.440.60.660.760.780.51
0.980.920.550.70.81-0.920.910.970.950.890.970.110.890.740.96-0.690.870.740.930.350.970.950.990.160.86
0.830.740.260.480.81-0.790.820.840.850.60.830.270.60.950.82-0.790.790.950.72-0.080.830.730.8-0.030.83
-0.9-0.76-0.39-0.55-0.92-0.79-0.86-0.94-0.91-0.74-0.9-0.13-0.74-0.69-0.910.63-0.82-0.75-0.88-0.23-0.89-0.93-0.87-0.01-0.79
0.970.850.440.480.910.82-0.860.960.970.710.980.390.710.790.98-0.720.960.720.870.250.980.880.9-0.130.94
0.980.850.520.580.970.84-0.940.960.980.760.980.250.760.760.97-0.780.910.780.910.270.970.910.940.00.92
0.980.850.460.550.950.85-0.910.970.980.750.980.290.750.80.98-0.740.940.780.90.220.980.920.93-0.060.92
0.840.910.560.840.890.6-0.740.710.760.750.81-0.171.00.530.81-0.390.660.510.860.540.820.890.920.440.61
1.00.890.50.570.970.83-0.90.980.980.980.810.250.810.781.0-0.70.950.730.920.31.00.930.95-0.030.92
0.210.160.14-0.080.110.27-0.130.390.250.29-0.170.25-0.170.310.25-0.40.310.280.07-0.090.250.050.11-0.240.52
0.840.910.560.840.890.6-0.740.710.760.751.00.81-0.170.530.81-0.390.660.510.860.540.820.890.920.440.61
0.780.710.160.390.740.95-0.690.790.760.80.530.780.310.530.77-0.750.80.850.62-0.220.790.650.74-0.130.81
0.990.880.480.560.960.82-0.910.980.970.980.811.00.250.810.77-0.660.940.710.910.310.990.940.95-0.040.9
-0.7-0.62-0.34-0.37-0.69-0.790.63-0.72-0.78-0.74-0.39-0.7-0.4-0.39-0.75-0.66-0.7-0.85-0.590.11-0.7-0.52-0.680.05-0.82
0.930.770.410.380.870.79-0.820.960.910.940.660.950.310.660.80.94-0.70.690.790.190.940.840.85-0.270.89
0.740.660.220.490.740.95-0.750.720.780.780.510.730.280.510.850.71-0.850.690.67-0.120.740.650.740.050.76
0.930.860.470.680.930.72-0.880.870.910.90.860.920.070.860.620.91-0.590.790.670.420.920.950.930.170.75
0.320.380.730.440.35-0.08-0.230.250.270.220.540.3-0.090.54-0.220.310.110.19-0.120.420.310.420.360.360.16
1.00.910.50.60.970.83-0.890.980.970.980.821.00.250.820.790.99-0.70.940.740.920.310.930.960.00.92
0.940.860.490.660.950.73-0.930.880.910.920.890.930.050.890.650.94-0.520.840.650.950.420.930.940.110.76
0.980.960.540.760.990.8-0.870.90.940.930.920.950.110.920.740.95-0.680.850.740.930.360.960.940.230.85
0.040.370.340.780.16-0.03-0.01-0.130.0-0.060.44-0.03-0.240.44-0.13-0.040.05-0.270.050.170.360.00.110.23-0.05
0.910.820.530.510.860.83-0.790.940.920.920.610.920.520.610.810.9-0.820.890.760.750.160.920.760.85-0.05
Click cells to compare fundamentals

Silgan Holdings Account Relationship Matchups

Silgan Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.5B7.8B7.3B7.6B8.6B9.0B
Short Long Term Debt Total3.3B3.8B3.5B3.4B4.1B4.3B
Other Current Liab361.0M355.0M383.8M355.6M1.5B1.6B
Total Current Liabilities1.2B1.5B1.4B2.3B2.2B2.4B
Total Stockholder Equity1.3B1.6B1.7B1.9B2.0B2.1B
Property Plant And Equipment Net1.8B2.0B1.9B2.2B2.3B1.2B
Current Deferred Revenue(756.9M)(830.6M)(1.2B)(2.0B)(1.8B)(1.7B)
Net Debt2.8B3.2B2.9B2.8B3.3B3.5B
Retained Earnings2.4B2.7B3.0B3.2B3.4B3.6B
Accounts Payable802.5M1.1B974.0M1.1B1.1B1.2B
Cash409.5M631.4M585.6M642.9M822.9M864.0M
Non Current Assets Total4.7B5.5B5.2B5.3B6.1B6.4B
Non Currrent Assets Other500.9M611.9M144.2M337.5M593.6M623.3M
Cash And Short Term Investments409.5M631.4M585.6M642.9M822.9M864.0M
Net Receivables619.5M711.3M658.0M599.5M594.3M327.4M
Good Will1.7B2.0B2.0B2.0B2.3B2.4B
Common Stock Shares Outstanding111.4M111.2M111.0M109.2M107.1M114.0M
Liabilities And Stockholders Equity6.5B7.8B7.3B7.6B8.6B9.0B
Non Current Liabilities Total4.1B4.7B4.3B3.4B4.3B4.6B
Inventory677.5M798.8M769.4M940.8M928.1M516.4M
Other Current Assets92.6M154.2M119.7M165.7M177.5M186.4M
Other Stockholder Equity(883.3M)(871.0M)(899.3M)(1.1B)2.0B2.1B
Total Liab5.3B6.2B5.6B5.7B6.6B6.9B
Property Plant And Equipment Gross1.8B4.5B4.5B4.7B5.2B5.4B
Total Current Assets1.8B2.3B2.1B2.3B2.5B2.6B
Accumulated Other Comprehensive Income(261.0M)(259.8M)(345.3M)(251.4M)(353.4M)(335.7M)
Short Term Debt28.0M20.3M80.1M880.3M716.9M752.8M
Intangible Assets637.2M830.8M763.8M721.0M869.5M912.9M
Other Liab515.9M851.8M926.7M671.4M772.1M810.7M
Other Assets2.9B3.5B327.0M1.017K16.2K
Long Term Debt3.2B3.8B3.4B2.5B3.4B1.8B
Treasury Stock(1.1B)(1.2B)(1.2B)(1.2B)(1.1B)(1.1B)
Property Plant Equipment1.6B1.8B2.0B2.1B2.5B1.2B
Net Tangible Assets(473.5M)(1.1B)1.6B(1.0B)(927.5M)(881.1M)
Retained Earnings Total Equity2.1B2.4B2.7B3.0B3.4B1.9B
Long Term Debt Total2.2B3.2B3.8B3.3B3.8B2.2B
Capital Surpluse289.4M306.4M325.4M339.8M390.8M280.0M

Pair Trading with Silgan Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silgan Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silgan Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Silgan Stock

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Moving against Silgan Stock

  0.54GPK Graphic Packaging Holding Earnings Call This WeekPairCorr
  0.49REYN Reynolds Consumer Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Silgan Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silgan Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silgan Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silgan Holdings to buy it.
The correlation of Silgan Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silgan Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silgan Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silgan Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Silgan Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silgan Holdings' 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 Silgan Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silgan Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silgan Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Metal, Glass & Plastic Containers 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 Silgan Holdings. If investors know Silgan 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 Silgan Holdings 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
0.218
Dividend Share
0.77
Earnings Share
2.69
Revenue Per Share
56.188
Quarterly Revenue Growth
0.114
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' 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 Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' 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 Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' 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.