3M Total Current Liabilities from 2010 to 2024

MMM Stock  USD 106.07  1.48  1.42%   
3M Total Current Liabilities yearly trend continues to be very stable with very little volatility. Total Current Liabilities is likely to grow to about 16.1 B this year. Total Current Liabilities is the total amount of liabilities that 3M Company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1985-12-31
Previous Quarter
15.5 B
Current Value
15.3 B
Quarterly Volatility
2.3 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 989.1 M or Total Revenue of 23.6 B, as well as many exotic indicators such as Short Term Coverage Ratios of 4.12, Price To Sales Ratio of 1.93 or Dividend Yield of 0.0574. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
  
This module can also supplement 3M's financial leverage analysis and stock options assessment as well as various 3M Technical models . Check out the analysis of 3M Correlation against competitors.

Latest 3M's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of 3M Company over the last few years. Total Current Liabilities is an item on 3M balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 3M Company are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. 3M's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3M's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

3M Total Current Liabilities Regression Statistics

Arithmetic Mean8,138,056,667
Geometric Mean7,312,967,956
Coefficient Of Variation44.39
Mean Deviation2,459,808,889
Median7,498,000,000
Standard Deviation3,612,850,099
Sample Variance13052685.8T
Range14.5B
R-Value0.86
Mean Square Error3678560.7T
R-Squared0.74
Significance0.000041
Slope694,149,821
Total Sum of Squares182737601.8T

3M Total Current Liabilities History

202416.1 B
202315.3 B
20229.5 B
2021B
20207.9 B
20199.2 B
20187.2 B

About 3M Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include 3M income statement, its balance sheet, and the statement of cash flows. 3M investors use historical funamental indicators, such as 3M's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although 3M investors may use each financial statement separately, they are all related. The changes in 3M's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 3M's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on 3M Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 3M. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Total Current Liabilities15.3 B16.1 B

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When determining whether 3M Company is a strong investment it is important to analyze 3M'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 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out the analysis of 3M Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is 3M's industry 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 3M. If investors know 3M 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 3M 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
0.744
Dividend Share
6
Earnings Share
(12.63)
Revenue Per Share
59.002
Quarterly Revenue Growth
(0.01)
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M'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 3M's market value can be influenced by many factors that don't directly affect 3M'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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M'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.