IDEXX Intangible Assets vs Non Currrent Assets Other Analysis

0J8P Stock   423.52  1.36  0.32%   
IDEXX Laboratories financial indicator trend analysis is infinitely more than just investigating IDEXX Laboratories recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEXX Laboratories is a good investment. Please check the relationship between IDEXX Laboratories Intangible Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEXX Laboratories Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between IDEXX Laboratories' Intangible Assets and Non Currrent Assets Other is 0.69. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of IDEXX Laboratories, assuming nothing else is changed. The correlation between historical values of IDEXX Laboratories' Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of IDEXX Laboratories are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., IDEXX Laboratories' Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from IDEXX Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEXX Laboratories 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.Selling General Administrative is likely to gain to about 405.5 M in 2025, whereas Tax Provision is likely to drop slightly above 109.4 M in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue3.4B3.7B4.2B4.4B
Depreciation And Amortization111.9M114.9M132.1M138.8M

IDEXX Laboratories fundamental ratios Correlations

0.960.790.820.990.450.940.960.750.990.790.620.99-0.420.980.73-0.890.830.970.770.70.710.120.560.840.6
0.960.760.70.960.540.860.980.60.970.870.480.97-0.480.920.68-0.880.880.890.880.710.740.080.60.870.73
0.790.760.360.760.830.610.810.420.750.510.570.75-0.340.80.89-0.70.930.810.760.590.940.690.660.810.57
0.820.70.360.81-0.120.930.710.830.810.670.510.81-0.150.830.41-0.750.360.80.320.620.2-0.290.270.520.21
0.990.960.760.810.460.930.960.720.990.80.570.99-0.460.970.69-0.890.830.950.790.660.710.080.540.840.63
0.450.540.83-0.120.460.190.57-0.060.450.320.240.45-0.510.440.62-0.370.860.440.780.260.930.720.480.580.61
0.940.860.610.930.930.190.880.770.940.780.480.94-0.330.950.6-0.930.630.890.560.730.47-0.060.410.680.46
0.960.980.810.710.960.570.880.560.970.840.460.97-0.490.950.69-0.890.880.90.840.730.760.160.560.840.67
0.750.60.420.830.72-0.060.770.560.670.40.820.67-0.040.70.61-0.60.410.820.350.430.32-0.110.40.560.24
0.990.970.750.810.990.450.940.970.670.860.481.0-0.460.970.66-0.920.820.920.790.730.680.060.530.820.64
0.790.870.510.670.80.320.780.840.40.860.140.85-0.380.780.34-0.80.640.670.670.690.46-0.130.410.690.59
0.620.480.570.510.570.240.480.460.820.480.140.5-0.080.550.72-0.330.510.780.40.220.530.260.440.540.14
0.990.970.750.810.990.450.940.970.671.00.850.5-0.480.970.65-0.910.820.930.790.70.680.060.510.810.63
-0.42-0.48-0.34-0.15-0.46-0.51-0.33-0.49-0.04-0.46-0.38-0.08-0.48-0.38-0.130.4-0.53-0.35-0.63-0.06-0.5-0.060.03-0.18-0.6
0.980.920.80.830.970.440.950.950.70.970.780.550.97-0.380.72-0.910.790.950.70.750.690.170.530.790.53
0.730.680.890.410.690.620.60.690.610.660.340.720.65-0.130.72-0.650.80.80.630.610.820.590.690.740.47
-0.89-0.88-0.7-0.75-0.89-0.37-0.93-0.89-0.6-0.92-0.8-0.33-0.910.4-0.91-0.65-0.72-0.81-0.66-0.81-0.58-0.12-0.51-0.71-0.65
0.830.880.930.360.830.860.630.880.410.820.640.510.82-0.530.790.8-0.720.810.950.540.970.480.650.860.76
0.970.890.810.80.950.440.890.90.820.920.670.780.93-0.350.950.8-0.810.810.720.640.730.20.580.820.5
0.770.880.760.320.790.780.560.840.350.790.670.40.79-0.630.70.63-0.660.950.720.430.880.240.560.80.84
0.70.710.590.620.660.260.730.730.430.730.690.220.7-0.060.750.61-0.810.540.640.430.410.20.690.640.48
0.710.740.940.20.710.930.470.760.320.680.460.530.68-0.50.690.82-0.580.970.730.880.410.650.610.760.67
0.120.080.69-0.290.080.72-0.060.16-0.110.06-0.130.260.06-0.060.170.59-0.120.480.20.240.20.650.470.290.2
0.560.60.660.270.540.480.410.560.40.530.410.440.510.030.530.69-0.510.650.580.560.690.610.470.820.65
0.840.870.810.520.840.580.680.840.560.820.690.540.81-0.180.790.74-0.710.860.820.80.640.760.290.820.7
0.60.730.570.210.630.610.460.670.240.640.590.140.63-0.60.530.47-0.650.760.50.840.480.670.20.650.7
Click cells to compare fundamentals

IDEXX Laboratories Account Relationship Matchups

IDEXX Laboratories fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.4B2.7B3.3B3.7B3.9B
Other Current Liab355.2M396.4M364.7M372.4M428.2M449.6M
Total Current Liabilities582.8M763.6M1.2B951.5M1.1B1.1B
Total Stockholder Equity632.1M690.0M608.7M1.5B1.7B1.8B
Property Plant And Equipment Net555.2M587.7M649.5M817.7M940.3M987.3M
Net Debt524.6M779.2M1.2B613.4M705.4M740.7M
Retained Earnings2.2B2.9B3.6B4.4B5.1B5.4B
Accounts Payable74.6M116.1M110.2M110.6M127.2M133.6M
Cash383.9M144.5M112.5M453.9M522.0M548.1M
Non Current Assets Total1.2B1.5B1.6B1.8B2.0B2.1B
Non Currrent Assets Other337.2M397.4M425.6M333.0M382.9M402.1M
Cash And Short Term Investments383.9M144.5M112.5M453.9M522.0M548.1M
Net Receivables374.7M425.6M490.9M529.5M609.0M639.4M
Common Stock Shares Outstanding86.7M86.6M84.6M84.0M75.6M94.9M
Liabilities And Stockholders Equity2.3B2.4B2.7B3.3B3.7B3.9B
Inventory209.9M269.0M367.8M380.3M437.3M459.2M
Other Current Assets94.2M116.6M130.2M131.5M151.2M158.8M
Other Stockholder Equity(1.5B)(2.2B)(2.9B)(2.9B)(2.6B)(2.5B)
Total Liab1.7B1.7B2.1B1.8B2.0B2.1B
Total Current Assets1.1B955.7M1.1B1.5B1.7B1.8B
Non Current Liabilities Total1.1B983.6M902.2M823.8M947.4M994.8M
Intangible Assets52.5M99.0M97.7M84.5M97.2M66.7M
Short Long Term Debt Total908.5M923.7M1.3B1.1B1.2B1.3B
Short Term Debt67.7M168.4M674.4M344.8M396.5M212.2M
Accumulated Other Comprehensive Income(53.6M)(53.5M)(77.8M)(71.2M)(64.1M)(60.9M)
Common Stock10.6M10.7M10.7M10.8M12.4M9.2M
Current Deferred Revenue42.6M40.0M37.9M37.2M42.8M25.0M
Good Will243.3M359.3M361.8M366.0M420.9M218.6M
Other Assets240.2M289.6M325.2M1.01.151.09
Other Liab162.9M143.5M121.0M106.6M95.9M115.4M
Net Tangible Assets(120.7M)336.2M231.6M149.3M171.7M180.2M
Long Term Debt499.6M599.5M858.5M775.2M891.5M711.1M
Deferred Long Term Liab108.6M116.1M122.4M119.9M137.9M115.7M
Property Plant Equipment614.5M646.3M692.8M768.1M883.3M648.6M

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