Guardant Change In Cash vs Investments Analysis

GH Stock

USD 36.66 0.65 1.74%

Guardant Health financial indicator trend analysis is much more than just examining Guardant Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardant Health is a good investment. Please check the relationship between Guardant Health Change In Cash and its Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.

Change In Cash vs Investments

Change In Cash vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardant Health Change In Cash account and Investments. At this time, the significance of the direction appears to have very week relationship.

The correlation between Guardant Health's Change In Cash and Investments is 0.21. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of Guardant Health, assuming nothing else is changed. The correlation between historical values of Guardant Health's Change In Cash and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Guardant Health are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Cash i.e., Guardant Health's Change In Cash and Investments go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change In Cash

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Guardant Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardant Health 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.As of now, Guardant Health's Tax Provision is increasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 466 M, while Selling General Administrative is projected to decrease to under 118.7 M.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	36.0M	42.9M	49.3M	51.8M
Interest Income	6.1M	35.4M	40.7M	42.7M

Depreciation And Amortization Interest Income

Guardant Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory
Total Assets		0.88	0.87	0.82	0.55	-0.13	0.62	0.83	0.78	0.59	-0.78	0.66	0.76	0.88	0.7	0.86	0.91	0.96	0.93	0.78	0.58	0.9	0.87	0.97	0.8	0.77
Short Long Term Debt Total	0.88		0.89	0.97	0.13	-0.11	0.22	0.98	0.75	0.71	-0.95	0.87	0.85	0.79	0.92	0.95	0.83	0.81	0.9	0.81	0.3	0.94	1.0	0.85	0.97	0.95
Other Current Liab	0.87	0.89		0.9	0.19	-0.04	0.28	0.91	0.78	0.72	-0.84	0.72	0.69	0.92	0.79	0.95	0.88	0.73	0.95	0.79	0.26	0.87	0.89	0.85	0.91	0.8
Total Current Liabilities	0.82	0.97	0.9		0.07	0.05	0.17	0.99	0.83	0.67	-0.96	0.92	0.83	0.79	0.94	0.94	0.87	0.73	0.92	0.77	0.19	0.95	0.97	0.84	0.99	0.97
Total Stockholder Equity	0.55	0.13	0.19	0.07		-0.16	0.97	0.05	0.24	-0.06	0.01	-0.13	0.22	0.45	-0.08	0.16	0.4	0.59	0.3	0.15	0.68	0.29	0.12	0.51	0.0	0.02
Other Liab	-0.13	-0.11	-0.04	0.05	-0.16		-0.22	0.0	0.37	-0.09	-0.09	0.19	-0.08	-0.13	0.04	-0.12	0.14	-0.14	0.08	-0.31	-0.14	-0.1	-0.1	-0.03	-0.01	0.08
Net Tangible Assets	0.62	0.22	0.28	0.17	0.97	-0.22		0.15	0.36	0.06	-0.08	-0.02	0.26	0.51	0.0	0.25	0.52	0.65	0.4	0.2	0.73	0.39	0.21	0.61	0.11	0.1
Property Plant And Equipment Net	0.83	0.98	0.91	0.99	0.05	0.0	0.15		0.8	0.75	-0.96	0.92	0.79	0.79	0.92	0.96	0.85	0.73	0.92	0.79	0.25	0.95	0.98	0.83	1.0	0.95
Current Deferred Revenue	0.78	0.75	0.78	0.83	0.24	0.37	0.36	0.8		0.5	-0.83	0.82	0.67	0.65	0.73	0.71	0.96	0.75	0.91	0.55	0.34	0.81	0.76	0.88	0.78	0.81
Net Debt	0.59	0.71	0.72	0.67	-0.06	-0.09	0.06	0.75	0.5		-0.61	0.65	0.23	0.68	0.47	0.77	0.6	0.45	0.72	0.54	0.5	0.64	0.69	0.58	0.75	0.55
Retained Earnings	-0.78	-0.95	-0.84	-0.96	0.01	-0.09	-0.08	-0.96	-0.83	-0.61		-0.95	-0.85	-0.65	-0.96	-0.86	-0.83	-0.75	-0.88	-0.78	-0.16	-0.91	-0.95	-0.82	-0.95	-0.98
Accounts Payable	0.66	0.87	0.72	0.92	-0.13	0.19	-0.02	0.92	0.82	0.65	-0.95		0.72	0.53	0.89	0.77	0.77	0.63	0.82	0.69	0.18	0.86	0.88	0.73	0.91	0.95
Cash	0.76	0.85	0.69	0.83	0.22	-0.08	0.26	0.79	0.67	0.23	-0.85	0.72		0.57	0.91	0.74	0.7	0.78	0.7	0.71	0.03	0.82	0.86	0.74	0.78	0.89
Non Current Assets Total	0.88	0.79	0.92	0.79	0.45	-0.13	0.51	0.79	0.65	0.68	-0.65	0.53	0.57		0.6	0.91	0.82	0.71	0.87	0.67	0.43	0.83	0.78	0.82	0.79	0.63
Non Currrent Assets Other	0.7	0.92	0.79	0.94	-0.08	0.04	0.0	0.92	0.73	0.47	-0.96	0.89	0.91	0.6		0.84	0.73	0.65	0.78	0.75	-0.06	0.87	0.93	0.71	0.92	0.98
Other Assets	0.86	0.95	0.95	0.94	0.16	-0.12	0.25	0.96	0.71	0.77	-0.86	0.77	0.74	0.91	0.84		0.83	0.73	0.91	0.76	0.28	0.91	0.95	0.81	0.96	0.85
Long Term Debt	0.91	0.83	0.88	0.87	0.4	0.14	0.52	0.85	0.96	0.6	-0.83	0.77	0.7	0.82	0.73	0.83		0.85	0.97	0.67	0.47	0.89	0.83	0.97	0.83	0.81
Cash And Short Term Investments	0.96	0.81	0.73	0.73	0.59	-0.14	0.65	0.73	0.75	0.45	-0.75	0.63	0.78	0.71	0.65	0.73	0.85		0.84	0.74	0.61	0.83	0.81	0.95	0.7	0.74
Net Receivables	0.93	0.9	0.95	0.92	0.3	0.08	0.4	0.92	0.91	0.72	-0.88	0.82	0.7	0.87	0.78	0.91	0.97	0.84		0.77	0.45	0.93	0.9	0.95	0.91	0.85
Common Stock Shares Outstanding	0.78	0.81	0.79	0.77	0.15	-0.31	0.2	0.79	0.55	0.54	-0.78	0.69	0.71	0.67	0.75	0.76	0.67	0.74	0.77		0.24	0.85	0.81	0.76	0.79	0.77
Short Term Investments	0.58	0.3	0.26	0.19	0.68	-0.14	0.73	0.25	0.34	0.5	-0.16	0.18	0.03	0.43	-0.06	0.28	0.47	0.61	0.45	0.24		0.37	0.28	0.58	0.2	0.14
Long Term Debt Total	0.9	0.94	0.87	0.95	0.29	-0.1	0.39	0.95	0.81	0.64	-0.91	0.86	0.82	0.83	0.87	0.91	0.89	0.83	0.93	0.85	0.37		0.94	0.91	0.94	0.92
Non Current Liabilities Total	0.87	1.0	0.89	0.97	0.12	-0.1	0.21	0.98	0.76	0.69	-0.95	0.88	0.86	0.78	0.93	0.95	0.83	0.81	0.9	0.81	0.28	0.94		0.85	0.97	0.95
Capital Surpluse	0.97	0.85	0.85	0.84	0.51	-0.03	0.61	0.83	0.88	0.58	-0.82	0.73	0.74	0.82	0.71	0.81	0.97	0.95	0.95	0.76	0.58	0.91	0.85		0.8	0.8
Capital Lease Obligations	0.8	0.97	0.91	0.99	0.0	-0.01	0.11	1.0	0.78	0.75	-0.95	0.91	0.78	0.79	0.92	0.96	0.83	0.7	0.91	0.79	0.2	0.94	0.97	0.8		0.95
Inventory	0.77	0.95	0.8	0.97	0.02	0.08	0.1	0.95	0.81	0.55	-0.98	0.95	0.89	0.63	0.98	0.85	0.81	0.74	0.85	0.77	0.14	0.92	0.95	0.8	0.95

Click cells to compare fundamentals

Guardant Health Account Relationship Matchups

Guardant Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.2B	1.6B	1.8B	2.1B	1.4B
Short Long Term Debt Total	847.9M	1.4B	1.4B	1.4B	1.6B	1.6B
Other Current Liab	39.7M	148.7M	85.0M	108.3M	124.5M	63.1M
Total Current Liabilities	66.8M	194.7M	193.2M	205.9M	236.8M	248.6M
Total Stockholder Equity	1.3B	645.0M	60.2M	158.7M	182.5M	173.4M
Other Liab	8.6M	1.5M	3.9M	9.2M	8.3M	6.7M
Net Tangible Assets	779.7M	1.3B	627.5M	45.2M	51.9M	49.3M
Property Plant And Equipment Net	100.1M	313.9M	341.9M	302.7M	348.1M	365.5M
Current Deferred Revenue	8.6M	11.3M	17.4M	18.0M	20.7M	12.2M
Net Debt	14.9M	868.7M	1.2B	220.2M	253.3M	274.0M
Retained Earnings	(606.6M)	(1.0B)	(1.7B)	(2.1B)	(1.9B)	(1.8B)
Accounts Payable	7.3M	17.6M	68.9M	51.7M	59.5M	62.5M
Cash	833.0M	492.2M	141.6M	1.1B	1.3B	1.4B
Non Current Assets Total	383.4M	1.1B	418.4M	439.3M	505.2M	402.7M
Non Currrent Assets Other	17.2M	60.9M	61.5M	124.2M	142.8M	150.0M
Other Assets	4.9M	17.2M	60.9M	36.5M	41.9M	44.0M
Cash And Short Term Investments	1.8B	932.7M	1.0B	1.2B	1.3B	847.8M
Net Receivables	53.3M	97.7M	97.3M	88.8M	102.1M	60.1M
Common Stock Shares Outstanding	97.5M	101.3M	102.2M	112.0M	128.8M	92.9M
Short Term Investments	961.9M	440.5M	869.6M	35.1M	40.4M	38.3M
Liabilities And Stockholders Equity	2.3B	2.2B	1.6B	1.8B	2.1B	1.4B
Non Current Liabilities Total	849.4M	1.4B	1.4B	1.4B	1.6B	1.7B
Capital Surpluse	1.2B	1.9B	1.7B	1.7B	2.0B	1.1B
Capital Lease Obligations	41.6M	226.1M	231.9M	213.8M	245.9M	258.2M
Inventory	22.7M	30.7M	51.6M	61.9M	71.2M	74.8M
Other Current Assets	34.9M	106.1M	31.5M	27.7M	31.9M	30.2M
Other Stockholder Equity	1.9B	1.7B	1.7B	2.3B	2.6B	2.8B
Total Liab	916.2M	1.6B	1.5B	1.6B	1.9B	2.0B
Property Plant And Equipment Gross	100.1M	313.9M	341.9M	430.0M	494.5M	519.2M
Total Current Assets	1.9B	1.1B	1.2B	1.3B	1.5B	956.1M
Accumulated Other Comprehensive Income	2.7M	(4.8M)	(19.5M)	(3.7M)	(3.3M)	(3.5M)
Non Current Liabilities Other	43.1M	3.9M	9.2M	96.0M	110.4M	115.9M
Short Term Debt	6.6M	12.9M	21.9M	28.0M	32.1M	33.7M
Property Plant Equipment	72.8M	62.8M	313.9M	167.9M	193.1M	106.4M
Net Invested Capital	2.1B	1.8B	1.2B	1.3B	1.5B	1.2B
Net Working Capital	1.8B	919.4M	998.4M	1.1B	1.3B	950.8M
Intangible Assets	16.2M	14.2M	11.7M	9.0M	10.3M	13.1M

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How To Invest In Guardant

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Is Guardant Stock a good investment?

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What is Guardant Health's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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

(4.28)

Revenue Per Share

5.7

Quarterly Revenue Growth

0.339

Return On Assets

(0.16)

Return On Equity

(6.09)

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.

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Guardant Change In Cash vs Investments Analysis

Change In Cash vs Investments

Change In Cash vs Investments Correlation Analysis

Correlation Coefficient

Change In Cash

Investments

Guardant Health fundamental ratios Correlations

Guardant Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guardant Health fundamental ratios Accounts

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COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Capital Lease Obligations	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Property Plant And Equipment Net

Inventory	- 0.98	Retained Earnings
Non Currrent Assets Other	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Property Plant And Equipment Net
Retained Earnings	- 0.96	Total Current Liabilities
Capital Lease Obligations	- 0.95	Retained Earnings
Non Current Liabilities Total	- 0.95	Retained Earnings