Stryker Long Term Debt Total vs Common Stock Analysis

SYK Stock  USD 335.61  1.54  0.46%   
Stryker financial indicator trend analysis is much more than just breaking down Stryker prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stryker is a good investment. Please check the relationship between Stryker Long Term Debt Total and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.

Long Term Debt Total vs Common Stock

Long Term Debt Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stryker Long Term Debt Total account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Stryker's Long Term Debt Total and Common Stock is 0.43. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Stryker, assuming nothing else is changed. The correlation between historical values of Stryker's Long Term Debt Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Stryker are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt Total i.e., Stryker's Long Term Debt Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt Total

Common Stock

Most indicators from Stryker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stryker 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 Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.At this time, Stryker's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 116.9 B this year, although the value of Tax Provision will most likely fall to about 289.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.1B13.7B
Total Revenue17.1B18.4B20.5B21.5B

Stryker fundamental ratios Correlations

0.970.950.940.970.990.940.980.650.990.93-0.010.990.630.950.98-0.050.970.990.870.740.950.940.91-0.50.35
0.970.880.870.90.980.980.920.630.990.91-0.150.940.470.990.95-0.230.890.990.750.670.970.90.89-0.650.39
0.950.880.940.940.910.840.940.630.910.850.170.930.670.870.910.140.950.930.910.710.880.860.83-0.310.29
0.940.870.940.940.910.850.950.540.910.89-0.010.930.670.810.960.060.920.90.870.880.810.930.89-0.370.38
0.970.90.940.940.960.881.00.590.940.90.050.990.730.870.970.080.980.930.920.750.870.950.92-0.370.29
0.990.980.910.910.960.950.970.670.990.94-0.060.980.580.970.98-0.130.950.990.840.730.960.920.9-0.580.36
0.940.980.840.850.880.950.890.460.980.87-0.280.910.430.950.92-0.220.840.960.670.630.920.920.91-0.60.5
0.980.920.940.951.00.970.890.630.960.910.040.990.710.890.980.030.980.950.910.750.90.950.92-0.410.29
0.650.630.630.540.590.670.460.630.610.650.370.640.420.690.63-0.170.680.680.680.510.710.440.4-0.52-0.18
0.990.990.910.910.940.990.980.960.610.94-0.140.960.540.970.98-0.180.930.990.790.710.960.940.92-0.60.38
0.930.910.850.890.90.940.870.910.650.94-0.110.910.530.890.93-0.210.890.930.750.790.890.890.87-0.610.24
-0.01-0.150.17-0.010.05-0.06-0.280.040.37-0.14-0.110.00.27-0.06-0.090.730.15-0.050.42-0.120.0-0.23-0.280.55-0.22
0.990.940.930.930.990.980.910.990.640.960.910.00.670.910.99-0.020.980.960.890.750.910.950.92-0.470.3
0.630.470.670.670.730.580.430.710.420.540.530.270.670.450.640.320.740.540.810.540.490.590.540.09-0.03
0.950.990.870.810.870.970.950.890.690.970.89-0.060.910.450.91-0.220.880.980.750.590.990.830.82-0.640.37
0.980.950.910.960.970.980.920.980.630.980.93-0.090.990.640.91-0.10.950.970.850.820.910.950.92-0.530.34
-0.05-0.230.140.060.08-0.13-0.220.03-0.17-0.18-0.210.73-0.020.32-0.22-0.10.08-0.140.35-0.11-0.16-0.11-0.140.840.15
0.970.890.950.920.980.950.840.980.680.930.890.150.980.740.880.950.080.930.930.720.90.90.86-0.370.17
0.990.990.930.90.930.990.960.950.680.990.93-0.050.960.540.980.97-0.140.930.820.710.970.90.88-0.580.39
0.870.750.910.870.920.840.670.910.680.790.750.420.890.810.750.850.350.930.820.680.770.760.71-0.110.21
0.740.670.710.880.750.730.630.750.510.710.79-0.120.750.540.590.82-0.110.720.710.680.590.760.71-0.430.21
0.950.970.880.810.870.960.920.90.710.960.890.00.910.490.990.91-0.160.90.970.770.590.810.79-0.60.3
0.940.90.860.930.950.920.920.950.440.940.89-0.230.950.590.830.95-0.110.90.90.760.760.810.99-0.50.38
0.910.890.830.890.920.90.910.920.40.920.87-0.280.920.540.820.92-0.140.860.880.710.710.790.99-0.510.4
-0.5-0.65-0.31-0.37-0.37-0.58-0.6-0.41-0.52-0.6-0.610.55-0.470.09-0.64-0.530.84-0.37-0.58-0.11-0.43-0.6-0.5-0.51-0.03
0.350.390.290.380.290.360.50.29-0.180.380.24-0.220.3-0.030.370.340.150.170.390.210.210.30.380.4-0.03
Click cells to compare fundamentals

Stryker Account Relationship Matchups

Stryker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.2B34.3B34.6B36.9B39.9B41.9B
Short Long Term Debt Total10.2B13.2B12.5B13.0B13.0B13.6B
Other Current Liab2.9B3.5B3.4B3.7B3.9B4.1B
Total Current Liabilities4.4B5.0B4.5B6.3B7.9B8.3B
Total Stockholder Equity12.8B13.1B14.9B16.6B18.6B19.5B
Property Plant And Equipment Net2.6B2.8B2.8B3.0B3.2B3.4B
Net Debt5.9B10.3B9.5B11.2B10.0B10.5B
Retained Earnings11.7B12.5B13.5B14.8B16.8B17.6B
Cash4.3B2.9B2.9B1.8B3.0B3.1B
Non Current Assets Total18.8B24.6B24.6B26.6B27.4B28.8B
Non Currrent Assets Other1.4B2.0B2.2B2.4B2.7B2.8B
Cash And Short Term Investments4.4B3.0B3.0B1.9B3.1B1.7B
Net Receivables2.9B2.7B3.0B3.6B3.8B4.0B
Liabilities And Stockholders Equity30.2B34.3B34.6B36.9B39.9B41.9B
Non Current Liabilities Total13.0B16.2B15.2B14.0B13.4B14.1B
Inventory3.3B3.5B3.3B4.0B4.8B5.1B
Other Current Assets760M488M662M787M857M520.6M
Other Stockholder Equity1.6B1.7B1.9B2.0B2.2B2.3B
Total Liab17.4B21.2B19.8B20.3B21.3B22.4B
Total Current Assets11.4B9.7B10.0B10.3B12.5B13.1B
Short Term Debt859M761M7M1.2B2.1B2.2B
Intangible Assets4.2B5.6B4.8B4.9B4.6B4.8B
Accounts Payable675M810M1.1B1.4B1.5B1.6B
Property Plant And Equipment Gross2.6B2.8B5.5B5.8B6.3B6.7B
Accumulated Other Comprehensive Income(606M)(1.2B)(531M)(221M)(416M)(395.2M)
Short Term Investments88M81M75M84M82M77.9M
Good Will9.1B12.8B12.9B14.9B15.2B16.0B
Other Liab2.4B3.0B2.7B1.8B2.0B1.1B
Other Assets2.6B3.5B4.0B3.9B4.5B4.7B
Long Term Debt10.2B13.2B12.5B11.9B10.9B11.4B
Property Plant Equipment2.6B2.8B2.8B3.0B3.4B3.6B
Net Tangible Assets(489M)(5.2B)(2.9B)(3.1B)(2.8B)(2.7B)
Retained Earnings Total Equity11.7B12.5B13.5B14.8B17.0B10.2B
Capital Surpluse1.6B1.7B1.9B2.0B2.3B1.5B
Non Current Liabilities Other2.7B3.0B1.8B1.5B1.9B1.8B
Accumulated Depreciation(2.1B)(2.4B)(2.7B)(2.8B)(2.6B)(2.7B)

Stryker Investors Sentiment

The influence of Stryker's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Stryker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Stryker's public news can be used to forecast risks associated with an investment in Stryker. The trend in average sentiment can be used to explain how an investor holding Stryker can time the market purely based on public headlines and social activities around Stryker. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Stryker's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Stryker's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Stryker's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Stryker.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Stryker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Stryker's short interest history, or implied volatility extrapolated from Stryker options trading.

Currently Active Assets on Macroaxis

When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Stryker Stock analysis

When running Stryker's price analysis, check to measure Stryker'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 Stryker is operating at the current time. Most of Stryker's value examination focuses on studying past and present price action to predict the probability of Stryker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryker's price. Additionally, you may evaluate how the addition of Stryker to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Is Stryker'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 Stryker. If investors know Stryker 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 Stryker 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
1.027
Dividend Share
3.05
Earnings Share
8.25
Revenue Per Share
53.999
Quarterly Revenue Growth
0.118
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker'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 Stryker's market value can be influenced by many factors that don't directly affect Stryker'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 Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker'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.