Analog Net Tangible Assets vs Accounts Payable Analysis
ADI Stock | USD 217.17 1.88 0.86% |
Analog Devices financial indicator trend analysis is way more than just evaluating Analog Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Analog Devices is a good investment. Please check the relationship between Analog Devices Net Tangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Analog Devices Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Analog Devices' Net Tangible Assets and Accounts Payable is -0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Analog Devices, assuming nothing else is changed. The correlation between historical values of Analog Devices' Net Tangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Analog Devices are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Analog Devices' Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents Analog Devices obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Analog Devices are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Analog Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Analog Devices 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 Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.As of now, Analog Devices' Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 200.4M | 264.6M | 322.2M | 338.3M | Depreciation And Amortization | 2.3B | 2.3B | 2.6B | 2.8B |
Analog Devices fundamental ratios Correlations
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Analog Devices Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Analog Devices fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.5B | 52.3B | 50.3B | 48.8B | 48.2B | 50.6B | |
Short Long Term Debt Total | 5.2B | 6.8B | 6.6B | 7.0B | 7.6B | 8.0B | |
Other Current Liab | 1.1B | 1.4B | 1.8B | 1.3B | 1.1B | 1.2B | |
Total Current Liabilities | 1.4B | 2.8B | 2.4B | 3.2B | 3.0B | 3.1B | |
Total Stockholder Equity | 12.0B | 38.0B | 36.5B | 35.6B | 35.2B | 36.9B | |
Property Plant And Equipment Net | 1.1B | 2.0B | 2.4B | 3.5B | 3.4B | 3.6B | |
Net Debt | 4.1B | 4.8B | 5.1B | 6.1B | 5.6B | 5.9B | |
Retained Earnings | 7.2B | 7.5B | 8.7B | 10.4B | 10.2B | 10.7B | |
Cash | 1.1B | 2.0B | 1.5B | 958.1M | 2.0B | 2.1B | |
Non Current Assets Total | 19.0B | 46.9B | 45.4B | 44.4B | 42.7B | 44.9B | |
Non Currrent Assets Other | 311.9M | 383.9M | 397.3M | 465.7M | 749.1M | 786.5M | |
Cash And Short Term Investments | 1.1B | 2.0B | 1.5B | 958.1M | 2.4B | 1.6B | |
Net Receivables | 737.5M | 1.5B | 1.8B | 1.5B | 1.3B | 1.4B | |
Common Stock Shares Outstanding | 372.0M | 401.3M | 523.2M | 506.0M | 498.7M | 379.2M | |
Liabilities And Stockholders Equity | 21.5B | 52.3B | 50.3B | 48.8B | 48.2B | 50.6B | |
Non Current Liabilities Total | 8.1B | 11.6B | 11.4B | 10.0B | 10.1B | 10.6B | |
Inventory | 608.3M | 1.2B | 1.4B | 1.6B | 1.4B | 1.5B | |
Other Current Assets | 116.0M | 1.5B | 267.0M | 314.0M | 337.5M | 354.3M | |
Other Stockholder Equity | 4.9B | 30.6B | 27.9B | 25.3B | 25.1B | 26.3B | |
Total Liab | 9.5B | 14.3B | 13.8B | 13.2B | 13.1B | 13.7B | |
Property Plant And Equipment Gross | 1.1B | 2.0B | 2.4B | 6.6B | 7.6B | 8.0B | |
Total Current Assets | 2.5B | 5.4B | 4.9B | 4.4B | 5.5B | 5.8B | |
Accumulated Other Comprehensive Income | (249.5M) | (186.6M) | (198.2M) | (188.3M) | (185.3M) | (176.0M) | |
Short Term Debt | 39.9M | 569.2M | 53.6M | 1.1B | 947.4M | 994.7M | |
Intangible Assets | 3.7B | 15.3B | 13.3B | 11.3B | 9.6B | 10.1B | |
Accounts Payable | 227.3M | 443.4M | 582.2M | 493.0M | 487.5M | 511.8M | |
Current Deferred Revenue | (225.3M) | (39.9M) | (443.4M) | 1.5B | 1.7B | 1.8B | |
Common Stock Total Equity | 61.4M | 61.6M | 87.6M | 84.9M | 97.6M | 56.6M | |
Common Stock | 61.6M | 87.6M | 84.9M | 82.7M | 82.7M | 58.7M | |
Other Liab | 2.7B | 5.3B | 4.5B | 3.8B | 4.3B | 4.5B | |
Other Assets | 1.6B | 2.7B | 2.4B | 396.2M | 455.6M | 526.7M | |
Long Term Debt | 5.1B | 6.3B | 6.5B | 5.9B | 6.8B | 7.1B | |
Good Will | 12.3B | 12.3B | 26.9B | 26.9B | 26.9B | 28.3B | |
Property Plant Equipment | 1.1B | 2.0B | 2.7B | 3.5B | 4.0B | 4.2B | |
Net Tangible Assets | 12.0B | (4.2B) | (3.7B) | (2.7B) | (2.4B) | (2.3B) | |
Long Term Debt Total | 5.2B | 5.1B | 6.3B | 6.5B | 7.5B | 7.9B | |
Non Current Liabilities Other | 1.0B | 1.4B | 515.4M | 581M | 668.2M | 414.7M |
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When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Semiconductors & Semiconductor Equipment 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 Analog Devices. If investors know Analog 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 Analog Devices 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 (0.55) | Earnings Share 3.26 | Revenue Per Share 19.544 | Quarterly Revenue Growth (0.25) | Return On Assets 0.0286 |
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.