Guardant Other Current Assets from 2010 to 2025

GH Stock  USD 40.35  2.09  4.92%   
Guardant Health's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 31 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-12-31
Previous Quarter
66.9 M
Current Value
33.8 M
Quarterly Volatility
19.8 M
 
Covid
Check Guardant Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guardant Health's main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Net Interest Income of 53.7 M or Interest Income of 56.4 M, as well as many indicators such as Price To Sales Ratio of 4.82, Dividend Yield of 0.0022 or Days Sales Outstanding of 88.45. Guardant financial statements analysis is a perfect complement when working with Guardant Health Valuation or Volatility modules.
  
Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.

Latest Guardant Health's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Guardant Health over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Guardant Health's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Guardant Health's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Guardant Other Current Assets Regression Statistics

Arithmetic Mean18,389,744
Geometric Mean6,368,793
Coefficient Of Variation148.00
Mean Deviation19,345,805
Median5,204,000
Standard Deviation27,216,190
Sample Variance740.7T
Range104.6M
R-Value0.60
Mean Square Error503.7T
R-Squared0.37
Significance0.01
Slope3,455,383
Total Sum of Squares11110.8T

Guardant Other Current Assets History

202531 M
202433.8 M
202327.7 M
202231.5 M
2021106.1 M
202034.9 M
201911.4 M

About Guardant Health Financial Statements

Investors use fundamental indicators, such as Guardant Health's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Guardant Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets33.8 M31 M

Currently Active Assets on Macroaxis

Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Health Care Providers & 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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.56)
Revenue Per Share
6.021
Quarterly Revenue Growth
0.302
Return On Assets
(0.17)
Return On Equity
(45.84)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.