Guardant Free Cash Flow vs Change In Cash Analysis

GH Stock

USD 34.76 0.18 0.52%

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 Free Cash Flow and its Change In Cash 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.

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

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

The correlation between Guardant Health's Free Cash Flow and Change In Cash is -0.16. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash 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 Free Cash Flow and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Guardant Health are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., Guardant Health's Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Cash

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 517.8 M, while Selling General Administrative is projected to decrease to under 118.7 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	22.3M	36.0M	42.9M	45.0M
Interest Income	3.9M	6.1M	35.4M	37.1M

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		0.9	0.85	0.85	0.62	-0.19	0.7	0.83	0.74	0.61	-0.73	0.61	0.75	0.87	0.67	0.84	0.9	0.95	0.92	0.74	0.69	0.89	0.87	0.97	0.78	0.76
Short Long Term Debt Total	0.9		0.92	0.95	0.24	-0.19	0.35	0.97	0.71	0.82	-0.84	0.76	0.68	0.82	0.78	0.92	0.84	0.82	0.93	0.8	0.54	0.88	0.95	0.89	0.91	0.84
Other Current Liab	0.85	0.92		0.96	0.25	-0.11	0.35	0.95	0.72	0.77	-0.78	0.67	0.62	0.94	0.76	0.96	0.85	0.68	0.93	0.73	0.38	0.86	0.88	0.83	0.91	0.77
Total Current Liabilities	0.85	0.95	0.96		0.18	0.01	0.3	0.99	0.83	0.8	-0.88	0.83	0.63	0.84	0.81	0.92	0.91	0.72	0.97	0.74	0.44	0.9	0.91	0.88	0.95	0.87
Total Stockholder Equity	0.62	0.24	0.25	0.18		-0.15	0.97	0.14	0.32	-0.05	-0.01	-0.11	0.33	0.48	-0.05	0.18	0.47	0.67	0.36	0.23	0.68	0.32	0.18	0.56	0.04	0.07
Other Liab	-0.19	-0.19	-0.11	0.01	-0.15		-0.21	-0.05	0.36	-0.1	-0.03	0.16	-0.18	-0.17	-0.03	-0.16	0.1	-0.21	0.03	-0.45	-0.12	-0.15	-0.17	-0.08	-0.06	0.03
Net Tangible Assets	0.7	0.35	0.35	0.3	0.97	-0.21		0.25	0.44	0.07	-0.12	0.02	0.38	0.55	0.05	0.28	0.6	0.73	0.47	0.28	0.73	0.43	0.28	0.67	0.16	0.18
Property Plant And Equipment Net	0.83	0.97	0.95	0.99	0.14	-0.05	0.25		0.78	0.87	-0.86	0.83	0.59	0.83	0.79	0.93	0.86	0.71	0.96	0.77	0.48	0.88	0.92	0.85	0.95	0.85
Current Deferred Revenue	0.74	0.71	0.72	0.83	0.32	0.36	0.44	0.78		0.52	-0.78	0.79	0.58	0.63	0.68	0.68	0.95	0.7	0.88	0.41	0.48	0.78	0.71	0.86	0.74	0.79
Net Debt	0.61	0.82	0.77	0.8	-0.05	-0.1	0.07	0.87	0.52		-0.63	0.71	0.23	0.69	0.53	0.77	0.63	0.46	0.77	0.59	0.52	0.65	0.75	0.59	0.82	0.62
Retained Earnings	-0.73	-0.84	-0.78	-0.88	-0.01	-0.03	-0.12	-0.86	-0.78	-0.63		-0.94	-0.82	-0.62	-0.97	-0.86	-0.78	-0.69	-0.84	-0.71	-0.24	-0.91	-0.94	-0.78	-0.94	-1.0
Accounts Payable	0.61	0.76	0.67	0.83	-0.11	0.16	0.02	0.83	0.79	0.71	-0.94		0.61	0.49	0.86	0.74	0.74	0.57	0.8	0.62	0.31	0.83	0.84	0.7	0.89	0.94
Cash	0.75	0.68	0.62	0.63	0.33	-0.18	0.38	0.59	0.58	0.23	-0.82	0.61		0.56	0.87	0.73	0.65	0.77	0.65	0.63	0.17	0.81	0.81	0.73	0.7	0.83
Non Current Assets Total	0.87	0.82	0.94	0.84	0.48	-0.17	0.55	0.83	0.63	0.69	-0.62	0.49	0.56		0.6	0.9	0.82	0.69	0.88	0.67	0.49	0.81	0.79	0.8	0.8	0.63
Non Currrent Assets Other	0.67	0.78	0.76	0.81	-0.05	-0.03	0.05	0.79	0.68	0.53	-0.97	0.86	0.87	0.6		0.86	0.69	0.6	0.76	0.68	0.06	0.87	0.91	0.69	0.91	0.96
Other Assets	0.84	0.92	0.96	0.92	0.18	-0.16	0.28	0.93	0.68	0.77	-0.86	0.74	0.73	0.9	0.86		0.81	0.69	0.9	0.74	0.34	0.9	0.96	0.8	0.96	0.86
Long Term Debt	0.9	0.84	0.85	0.91	0.47	0.1	0.6	0.86	0.95	0.63	-0.78	0.74	0.65	0.82	0.69	0.81		0.82	0.97	0.58	0.6	0.88	0.82	0.96	0.82	0.8
Cash And Short Term Investments	0.95	0.82	0.68	0.72	0.67	-0.21	0.73	0.71	0.7	0.46	-0.69	0.57	0.77	0.69	0.6	0.69	0.82		0.81	0.68	0.74	0.81	0.79	0.94	0.65	0.72
Net Receivables	0.92	0.93	0.93	0.97	0.36	0.03	0.47	0.96	0.88	0.77	-0.84	0.8	0.65	0.88	0.76	0.9	0.97	0.81		0.71	0.58	0.92	0.9	0.95	0.91	0.85
Common Stock Shares Outstanding	0.74	0.8	0.73	0.74	0.23	-0.45	0.28	0.77	0.41	0.59	-0.71	0.62	0.63	0.67	0.68	0.74	0.58	0.68	0.71		0.39	0.84	0.78	0.71	0.75	0.72
Short Term Investments	0.69	0.54	0.38	0.44	0.68	-0.12	0.73	0.48	0.48	0.52	-0.24	0.31	0.17	0.49	0.06	0.34	0.6	0.74	0.58	0.39		0.45	0.42	0.67	0.32	0.28
Long Term Debt Total	0.89	0.88	0.86	0.9	0.32	-0.15	0.43	0.88	0.78	0.65	-0.91	0.83	0.81	0.81	0.87	0.9	0.88	0.81	0.92	0.84	0.45		0.94	0.9	0.93	0.93
Non Current Liabilities Total	0.87	0.95	0.88	0.91	0.18	-0.17	0.28	0.92	0.71	0.75	-0.94	0.84	0.81	0.79	0.91	0.96	0.82	0.79	0.9	0.78	0.42	0.94		0.85	0.96	0.94
Capital Surpluse	0.97	0.89	0.83	0.88	0.56	-0.08	0.67	0.85	0.86	0.59	-0.78	0.7	0.73	0.8	0.69	0.8	0.96	0.94	0.95	0.71	0.67	0.9	0.85		0.79	0.8
Capital Lease Obligations	0.78	0.91	0.91	0.95	0.04	-0.06	0.16	0.95	0.74	0.82	-0.94	0.89	0.7	0.8	0.91	0.96	0.82	0.65	0.91	0.75	0.32	0.93	0.96	0.79		0.93
Inventory	0.76	0.84	0.77	0.87	0.07	0.03	0.18	0.85	0.79	0.62	-1.0	0.94	0.83	0.63	0.96	0.86	0.8	0.72	0.85	0.72	0.28	0.93	0.94	0.8	0.93

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Guardant Health Account Relationship Matchups

Guardant Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	962.5M	2.3B	2.2B	1.6B	1.8B	1.4B
Short Long Term Debt Total	33.3M	847.9M	1.4B	1.4B	1.4B	685.2M
Other Current Liab	37.1M	39.7M	148.7M	85.0M	108.3M	63.1M
Total Current Liabilities	72.7M	66.8M	194.7M	193.2M	205.9M	112.0M
Total Stockholder Equity	798.4M	1.3B	645.0M	60.2M	158.7M	150.7M
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	72.8M	100.1M	313.9M	341.9M	302.7M	163.8M
Current Deferred Revenue	12.3M	8.6M	11.3M	17.4M	18.0M	12.2M
Net Debt	(110.0M)	14.9M	868.7M	1.2B	220.2M	274.0M
Retained Earnings	(352.8M)	(606.6M)	(1.0B)	(1.7B)	(2.1B)	(2.0B)
Accounts Payable	16.2M	7.3M	17.6M	68.9M	51.7M	54.3M
Cash	143.2M	833.0M	492.2M	141.6M	1.1B	1.2B
Non Current Assets Total	365.2M	383.4M	1.1B	418.4M	439.3M	402.7M
Non Currrent Assets Other	4.9M	17.2M	60.9M	61.5M	124.2M	130.4M
Other Assets	4.9M	17.2M	60.9M	36.5M	41.9M	44.0M
Cash And Short Term Investments	522.8M	1.8B	932.7M	1.0B	1.2B	847.8M
Net Receivables	48.0M	53.3M	97.7M	97.3M	88.8M	60.1M
Common Stock Shares Outstanding	90.6M	97.5M	101.3M	102.2M	112.0M	92.9M
Short Term Investments	379.6M	961.9M	440.5M	869.6M	35.1M	33.3M
Liabilities And Stockholders Equity	962.5M	2.3B	2.2B	1.6B	1.8B	1.4B
Non Current Liabilities Total	41.8M	849.4M	1.4B	1.4B	1.4B	1.5B
Capital Surpluse	1.2B	1.9B	1.7B	1.7B	2.0B	1.1B
Capital Lease Obligations	40.4M	41.6M	226.1M	231.9M	213.8M	224.5M
Inventory	15.2M	22.7M	30.7M	51.6M	61.9M	65.0M
Other Current Assets	11.4M	34.9M	106.1M	31.5M	27.7M	30.2M
Other Stockholder Equity	1.2B	1.9B	1.7B	1.7B	2.3B	1.3B
Total Liab	114.5M	916.2M	1.6B	1.5B	1.6B	1.7B
Property Plant And Equipment Gross	72.8M	100.1M	313.9M	341.9M	430.0M	451.5M
Total Current Assets	597.4M	1.9B	1.1B	1.2B	1.3B	956.1M
Accumulated Other Comprehensive Income	1.1M	2.7M	(4.8M)	(19.5M)	(3.7M)	(3.9M)
Non Current Liabilities Other	8.6M	43.1M	3.9M	9.2M	96.0M	100.8M
Short Term Debt	7.1M	6.6M	12.9M	21.9M	28.0M	29.3M
Property Plant Equipment	72.8M	62.8M	313.9M	167.9M	193.1M	106.4M
Net Invested Capital	798.4M	2.1B	1.8B	1.2B	1.3B	1.2B
Net Working Capital	524.6M	1.8B	919.4M	998.4M	1.1B	950.8M
Intangible Assets	15.4M	16.2M	14.2M	11.7M	9.0M	13.1M

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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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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

(4.26)

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 Free Cash Flow vs Change In Cash Analysis

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Cash

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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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Capital Surpluse	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.97	Short Long Term Debt Total
Net Receivables	+ 0.97	Total Current Liabilities
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Net Receivables	+ 0.97	Long Term Debt

Inventory	- 1.0	Retained Earnings
Non Currrent Assets Other	- 0.97	Retained Earnings
Capital Lease Obligations	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.94	Retained Earnings
Accounts Payable	- 0.94	Retained Earnings
Long Term Debt Total	- 0.91	Retained Earnings