Stericycle Good Will vs Retained Earnings Analysis

SRCL Stock

USD 61.98 0.51 0.83%

Stericycle financial indicator trend analysis is much more than just breaking down Stericycle prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stericycle is a good investment. Please check the relationship between Stericycle Good Will and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stericycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stericycle Good Will account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Stericycle's Good Will and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Stericycle, assuming nothing else is changed. The correlation between historical values of Stericycle's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Stericycle are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Stericycle's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.Tax Provision is expected to rise to about 26.4 M this year, although the value of Selling General Administrative will most likely fall to about 470.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	2.6B	2.7B	2.7B	1.7B
Depreciation And Amortization	223.9M	232.5M	216.5M	227.3M

Total Revenue Depreciation And Amortization

Stericycle 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	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.29	0.78	0.98	0.56	0.96	0.86	0.71	0.65	1.0	0.06	0.65	0.96	0.68	0.97	0.71	0.61	0.7	0.99	0.97	0.66	0.91	0.33	0.75	0.75
Short Long Term Debt Total	0.96		0.25	0.7	0.89	0.49	1.0	0.81	0.63	0.56	0.97	0.13	0.55	0.92	0.57	0.99	0.66	0.55	0.64	0.99	0.93	0.66	0.95	0.22	0.65	0.64
Other Current Liab	0.29	0.25		0.39	0.29	0.01	0.26	0.42	0.1	0.0	0.28	0.43	0.0	0.42	0.2	0.27	0.57	0.07	0.14	0.29	0.39	0.01	0.41	-0.05	0.22	0.23
Total Current Liabilities	0.78	0.7	0.39		0.8	0.82	0.7	0.58	0.93	0.52	0.78	0.13	0.52	0.72	0.69	0.69	0.65	0.84	0.84	0.76	0.76	0.57	0.65	0.67	0.7	0.71
Total Stockholder Equity	0.98	0.89	0.29	0.8		0.6	0.89	0.86	0.74	0.72	0.98	-0.01	0.71	0.94	0.73	0.91	0.69	0.63	0.72	0.94	0.96	0.64	0.84	0.41	0.8	0.8
Property Plant And Equipment Net	0.56	0.49	0.01	0.82	0.6		0.49	0.23	0.93	0.45	0.57	-0.05	0.45	0.45	0.64	0.47	0.22	0.9	0.9	0.53	0.48	0.48	0.33	0.93	0.57	0.58
Net Debt	0.96	1.0	0.26	0.7	0.89	0.49		0.81	0.63	0.54	0.96	0.14	0.54	0.92	0.56	0.99	0.66	0.55	0.64	0.99	0.93	0.66	0.95	0.21	0.64	0.64
Retained Earnings	0.86	0.81	0.42	0.58	0.86	0.23	0.81		0.42	0.61	0.85	0.07	0.61	0.91	0.71	0.84	0.8	0.39	0.33	0.84	0.93	0.6	0.81	0.03	0.8	0.8
Accounts Payable	0.71	0.63	0.1	0.93	0.74	0.93	0.63	0.42		0.49	0.71	0.0	0.49	0.63	0.67	0.62	0.37	0.92	0.92	0.68	0.66	0.49	0.53	0.83	0.65	0.65
Cash	0.65	0.56	0.0	0.52	0.72	0.45	0.54	0.61	0.49		0.66	-0.22	1.0	0.54	0.62	0.58	0.39	0.46	0.49	0.6	0.62	0.6	0.48	0.37	0.64	0.64
Non Current Assets Total	1.0	0.97	0.28	0.78	0.98	0.57	0.96	0.85	0.71	0.66		0.05	0.65	0.95	0.67	0.97	0.7	0.61	0.71	0.99	0.97	0.66	0.91	0.34	0.75	0.74
Non Currrent Assets Other	0.06	0.13	0.43	0.13	-0.01	-0.05	0.14	0.07	0.0	-0.22	0.05		-0.22	0.15	0.04	0.11	0.22	0.11	-0.03	0.1	0.12	0.12	0.19	-0.18	0.05	0.05
Cash And Short Term Investments	0.65	0.55	0.0	0.52	0.71	0.45	0.54	0.61	0.49	1.0	0.65	-0.22		0.53	0.63	0.57	0.39	0.46	0.49	0.59	0.61	0.6	0.47	0.37	0.65	0.65
Net Receivables	0.96	0.92	0.42	0.72	0.94	0.45	0.92	0.91	0.63	0.54	0.95	0.15	0.53		0.68	0.93	0.7	0.55	0.59	0.94	0.99	0.6	0.89	0.24	0.75	0.75
Common Stock Shares Outstanding	0.68	0.57	0.2	0.69	0.73	0.64	0.56	0.71	0.67	0.62	0.67	0.04	0.63	0.68		0.59	0.52	0.79	0.49	0.62	0.71	0.67	0.41	0.55	0.98	0.99
Non Current Liabilities Total	0.97	0.99	0.27	0.69	0.91	0.47	0.99	0.84	0.62	0.58	0.97	0.11	0.57	0.93	0.59		0.67	0.53	0.63	0.99	0.94	0.63	0.96	0.21	0.67	0.66
Inventory	0.71	0.66	0.57	0.65	0.69	0.22	0.66	0.8	0.37	0.39	0.7	0.22	0.39	0.7	0.52	0.67		0.31	0.26	0.71	0.75	0.59	0.7	-0.03	0.62	0.62
Other Current Assets	0.61	0.55	0.07	0.84	0.63	0.9	0.55	0.39	0.92	0.46	0.61	0.11	0.46	0.55	0.79	0.53	0.31		0.79	0.58	0.58	0.57	0.4	0.8	0.74	0.74
Other Stockholder Equity	0.7	0.64	0.14	0.84	0.72	0.9	0.64	0.33	0.92	0.49	0.71	-0.03	0.49	0.59	0.49	0.63	0.26	0.79		0.67	0.6	0.36	0.57	0.81	0.47	0.47
Total Liab	0.99	0.99	0.29	0.76	0.94	0.53	0.99	0.84	0.68	0.6	0.99	0.1	0.59	0.94	0.62	0.99	0.71	0.58	0.67		0.96	0.66	0.94	0.27	0.7	0.7
Total Current Assets	0.97	0.93	0.39	0.76	0.96	0.48	0.93	0.93	0.66	0.62	0.97	0.12	0.61	0.99	0.71	0.94	0.75	0.58	0.6	0.96		0.66	0.89	0.26	0.79	0.79
Short Term Debt	0.66	0.66	0.01	0.57	0.64	0.48	0.66	0.6	0.49	0.6	0.66	0.12	0.6	0.6	0.67	0.63	0.59	0.57	0.36	0.66	0.66		0.48	0.22	0.71	0.71
Intangible Assets	0.91	0.95	0.41	0.65	0.84	0.33	0.95	0.81	0.53	0.48	0.91	0.19	0.47	0.89	0.41	0.96	0.7	0.4	0.57	0.94	0.89	0.48		0.07	0.5	0.5
Property Plant And Equipment Gross	0.33	0.22	-0.05	0.67	0.41	0.93	0.21	0.03	0.83	0.37	0.34	-0.18	0.37	0.24	0.55	0.21	-0.03	0.8	0.81	0.27	0.26	0.22	0.07		0.45	0.46
Common Stock Total Equity	0.75	0.65	0.22	0.7	0.8	0.57	0.64	0.8	0.65	0.64	0.75	0.05	0.65	0.75	0.98	0.67	0.62	0.74	0.47	0.7	0.79	0.71	0.5	0.45		1.0
Common Stock	0.75	0.64	0.23	0.71	0.8	0.58	0.64	0.8	0.65	0.64	0.74	0.05	0.65	0.75	0.99	0.66	0.62	0.74	0.47	0.7	0.79	0.71	0.5	0.46	1.0

Click cells to compare fundamentals

Stericycle Account Relationship Matchups

Stericycle fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4B	5.6B	5.5B	5.3B	5.4B	3.2B
Short Long Term Debt Total	3.1B	2.2B	2.0B	1.9B	1.8B	1.3B
Other Current Liab	40.4M	49.3M	46.2M	(135M)	307.3M	322.7M
Total Current Liabilities	756.9M	697.1M	731.7M	621.9M	718M	753.9M
Total Stockholder Equity	2.3B	2.4B	2.4B	2.4B	2.5B	1.4B
Property Plant And Equipment Net	1.2B	1.1B	1.1B	1.1B	1.2B	1.2B
Net Debt	3.1B	2.1B	1.9B	1.9B	1.7B	1.3B
Retained Earnings	1.4B	1.4B	1.4B	1.4B	1.4B	927.7M
Accounts Payable	220.1M	181.2M	218.9M	213.5M	212.1M	222.7M
Cash	34.7M	53.3M	55.6M	56M	35.3M	29.1M
Non Current Assets Total	5.7B	5.0B	4.9B	4.8B	4.7B	2.9B
Non Currrent Assets Other	92.3M	56.4M	61.6M	(362.2M)	82.5M	86.6M
Cash And Short Term Investments	34.7M	53.3M	55.6M	56M	35.3M	30.2M
Net Receivables	544.3M	380.7M	420.4M	414.5M	553.9M	289.6M
Common Stock Shares Outstanding	91M	91.5M	91.8M	92.4M	106.3M	88.2M
Liabilities And Stockholders Equity	6.4B	5.6B	5.5B	5.3B	5.4B	3.2B
Non Current Liabilities Total	3.3B	2.5B	2.3B	2.3B	2.1B	1.5B
Inventory	60.7M	63M	45.6M	33.2M	38.2M	30.7M
Other Current Assets	66.9M	55.5M	53.9M	55M	66.2M	69.5M
Other Stockholder Equity	1.2B	1.2B	1.3B	1.3B	1.3B	1.4B
Total Liab	4.1B	3.1B	3.1B	2.9B	2.8B	1.9B
Total Current Assets	706.6M	552.5M	575.5M	558.7M	655.4M	384.9M
Short Term Debt	199.8M	177.2M	107M	116.4M	126M	75.3M
Intangible Assets	1.4B	1.1B	964.5M	811.1M	686.5M	729.1M
Property Plant And Equipment Gross	1.2B	1.1B	1.7B	1.8B	1.8B	1.9B
Accumulated Other Comprehensive Income	(318.1M)	(187.4M)	(218.8M)	(276.9M)	(184.5M)	(175.3M)
Other Liab	430M	462.3M	469M	474.7M	545.9M	573.2M
Other Assets	92.3M	422M	61.6M	64.8M	74.5M	53.2M
Long Term Debt	2.6B	1.7B	1.6B	1.5B	1.3B	1.4B
Good Will	3.0B	2.8B	2.8B	2.8B	2.8B	2.1B
Property Plant Equipment	798.5M	1.1B	1.1B	1.1B	1.3B	1.3B
Current Deferred Revenue	296.6M	289.4M	359.6M	427M	72.6M	96.1M
Net Tangible Assets	(2.1B)	(1.5B)	(1.4B)	(1.2B)	(1.4B)	(1.4B)
Noncontrolling Interest In Consolidated Entity	9.7M	3.8M	4.3M	4.1M	3.9M	3.7M

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When determining whether Stericycle is a strong investment it is important to analyze Stericycle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stericycle's future performance. For an informed investment choice regarding Stericycle Stock, refer to the following important reports:

How To Invest In Stericycle

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Is Stericycle Stock a good investment?

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What is Stericycle's Net Worth?

Details

Largest Environmental & Facilities Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stericycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy Stericycle Stock please use our How to buy in Stericycle Stock guide.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Is Environmental & Facilities Services 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 Stericycle. If investors know Stericycle 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 Stericycle 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

0.167

Earnings Share

0.39

Revenue Per Share

28.384

Quarterly Revenue Growth

(0.01)

Return On Assets

0.023

The market value of Stericycle is measured differently than its book value, which is the value of Stericycle that is recorded on the company's balance sheet. Investors also form their own opinion of Stericycle's value that differs from its market value or its book value, called intrinsic value, which is Stericycle's 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 Stericycle's market value can be influenced by many factors that don't directly affect Stericycle's 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 Stericycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stericycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stericycle's 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.

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Stericycle Good Will vs Retained Earnings Analysis

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

Correlation Coefficient

Good Will

Retained Earnings

Stericycle fundamental ratios Correlations

Stericycle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stericycle fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Cash And Short Term Investments	- 0.22	Non Currrent Assets Other
Non Currrent Assets Other	- 0.22	Cash
Property Plant And Equipment Gross	- 0.18	Non Currrent Assets Other
Non Currrent Assets Other	- 0.05	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.05	Other Current Liab
Property Plant And Equipment Gross	- 0.03	Inventory