Agilent Cash And Equivalents vs Total Assets Analysis

A Stock  USD 138.14  3.77  2.81%   
Agilent Technologies financial indicator trend analysis is way more than just evaluating Agilent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilent Technologies is a good investment. Please check the relationship between Agilent Technologies Cash And Equivalents and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Cash And Equivalents vs Total Assets

Cash And Equivalents vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Cash And Equivalents account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Agilent Technologies' Cash And Equivalents and Total Assets is -0.55. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Agilent Technologies, assuming nothing else is changed. The correlation between historical values of Agilent Technologies' Cash And Equivalents and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Agilent Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Equivalents i.e., Agilent Technologies' Cash And Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Equivalents

Total Assets

Total assets refers to the total amount of Agilent Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Agilent Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Agilent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilent Technologies 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 Agilent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.At present, Agilent Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense84M95M96M91.2M
Depreciation And Amortization317M271M243.9M259.0M

Agilent Technologies fundamental ratios Correlations

-0.160.410.960.150.410.930.360.37-0.720.940.02-0.040.030.980.460.490.92-0.16-0.160.970.30.660.030.180.44
-0.160.68-0.260.790.64-0.150.40.60.66-0.320.870.640.16-0.080.19-0.030.05-0.02-0.02-0.32-0.060.0-0.09-0.410.38
0.410.680.280.580.740.480.450.650.030.240.540.310.260.50.260.130.45-0.22-0.220.310.210.46-0.2-0.350.64
0.96-0.260.280.150.30.90.240.37-0.740.86-0.01-0.120.110.880.520.420.93-0.26-0.260.920.090.62-0.060.150.33
0.150.790.580.150.720.090.420.760.44-0.050.970.670.180.140.460.20.45-0.09-0.09-0.06-0.240.1-0.08-0.290.24
0.410.640.740.30.720.390.630.80.090.310.740.550.120.470.370.360.55-0.08-0.080.280.10.35-0.04-0.280.51
0.93-0.150.480.90.090.390.360.47-0.760.85-0.05-0.240.220.910.420.220.87-0.36-0.360.910.240.78-0.19-0.130.56
0.360.40.450.240.420.630.360.59-0.090.320.460.430.180.440.440.080.47-0.1-0.110.280.160.54-0.1-0.310.59
0.370.60.650.370.760.80.470.59-0.010.160.710.280.510.340.6-0.050.62-0.5-0.490.24-0.30.56-0.42-0.640.61
-0.720.660.03-0.740.440.09-0.76-0.09-0.01-0.730.570.55-0.2-0.67-0.34-0.08-0.550.350.35-0.84-0.15-0.690.2-0.1-0.32
0.94-0.320.240.86-0.050.310.850.320.16-0.73-0.14-0.08-0.190.950.230.60.790.040.050.950.480.510.220.340.33
0.020.870.54-0.010.970.74-0.050.460.710.57-0.140.780.060.040.360.210.310.050.06-0.17-0.220.00.04-0.280.22
-0.040.640.31-0.120.670.55-0.240.430.280.55-0.080.78-0.410.030.160.440.130.530.53-0.170.01-0.190.490.11-0.05
0.030.160.260.110.180.120.220.180.51-0.2-0.190.06-0.41-0.040.47-0.570.16-0.97-0.97-0.01-0.350.48-0.99-0.610.42
0.98-0.080.50.880.140.470.910.440.34-0.670.950.040.03-0.040.390.520.87-0.06-0.060.950.460.650.10.190.51
0.460.190.260.520.460.370.420.440.6-0.340.230.360.160.470.39-0.130.65-0.43-0.430.39-0.340.72-0.37-0.310.55
0.49-0.030.130.420.20.360.220.08-0.05-0.080.60.210.44-0.570.52-0.130.390.520.520.450.39-0.230.610.74-0.16
0.920.050.450.930.450.550.870.470.62-0.550.790.310.130.160.870.650.39-0.26-0.260.830.060.68-0.08-0.030.46
-0.16-0.02-0.22-0.26-0.09-0.08-0.36-0.1-0.50.350.040.050.53-0.97-0.06-0.430.52-0.261.0-0.140.35-0.530.970.58-0.39
-0.16-0.02-0.22-0.26-0.09-0.08-0.36-0.11-0.490.350.050.060.53-0.97-0.06-0.430.52-0.261.0-0.140.35-0.530.970.57-0.4
0.97-0.320.310.92-0.060.280.910.280.24-0.840.95-0.17-0.17-0.010.950.390.450.83-0.14-0.140.290.670.050.220.43
0.3-0.060.210.09-0.240.10.240.16-0.3-0.150.48-0.220.01-0.350.46-0.340.390.060.350.350.29-0.030.330.40.12
0.660.00.460.620.10.350.780.540.56-0.690.510.0-0.190.480.650.72-0.230.68-0.53-0.530.67-0.03-0.43-0.470.77
0.03-0.09-0.2-0.06-0.08-0.04-0.19-0.1-0.420.20.220.040.49-0.990.1-0.370.61-0.080.970.970.050.33-0.430.6-0.36
0.18-0.41-0.350.15-0.29-0.28-0.13-0.31-0.64-0.10.34-0.280.11-0.610.19-0.310.74-0.030.580.570.220.4-0.470.6-0.46
0.440.380.640.330.240.510.560.590.61-0.320.330.22-0.050.420.510.55-0.160.46-0.39-0.40.430.120.77-0.36-0.46
Click cells to compare fundamentals

Agilent Technologies Account Relationship Matchups

Agilent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B10.7B10.5B10.8B12.4B9.3B
Other Current Liab601M769M733M634M570.6M632.1M
Total Current Liabilities1.5B1.7B1.9B1.6B1.4B1.4B
Total Stockholder Equity4.9B5.4B5.3B5.8B6.7B4.7B
Property Plant And Equipment Net845M945M1.1B1.3B1.1B863.9M
Non Current Assets Total6.2B6.9B6.8B6.6B7.6B4.6B
Non Currrent Assets Other776M511M686M424M381.6M582.1M
Net Receivables1.0B1.2B1.4B1.3B1.2B797.6M
Common Stock Shares Outstanding312M307M300M296M291M302.4M
Liabilities And Stockholders Equity9.6B10.7B10.5B10.8B12.4B9.3B
Non Current Liabilities Total3.3B3.6B3.4B3.3B3.8B2.7B
Inventory720M830M1.0B1.0B927.9M740.7M
Other Current Assets216M222M282M274M246.6M283.8M
Other Stockholder Equity5.3B5.3B5.3B5.4B4.8B5.1B
Total Liab4.8B5.3B5.2B4.9B5.7B4.5B
Property Plant And Equipment Gross845M2.1B2.2B2.5B2.9B3.0B
Total Current Assets3.4B3.8B3.8B4.2B3.8B3.4B
Accumulated Other Comprehensive Income(522M)(282M)(347M)(327M)(294.3M)(309.0M)
Current Deferred Revenue386M441M461M505M580.8M364.3M
Short Long Term Debt Total2.4B2.4B2.8B2.8B3.2B2.3B
Other Liab876M879M633M462M531.3M776.8M
Net Debt918M1.2B1.7B1.1B1.3B1.4B
Retained Earnings81M348M324M782M899.3M854.3M
Cash1.4B1.5B1.1B1.6B1.8B2.2B
Other Assets601M820M670M554M498.6M642.3M
Cash And Short Term Investments1.4B1.6B1.1B1.6B1.8B2.2B
Good Will3.6B5.0B4.0B4.0B4.6B2.3B
Short Term Debt126M52M87M46M41.4M39.3M
Intangible Assets831M981M821M475M546.3M652.9M
Property Plant Equipment845M945M1.1B1.4B1.3B845.4M
Long Term Debt2.3B2.7B2.7B2.7B3.1B2.3B
Long Term Debt Total2.3B2.7B2.7B2.7B3.1B2.3B
Net Tangible Assets440M433M516M1.4B1.3B953.5M

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Is Life Sciences Tools & 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 Agilent Technologies. If investors know Agilent 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 Agilent Technologies 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
1.569
Earnings Share
4.81
Revenue Per Share
22.269
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0758
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' 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 Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' 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 Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' 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.