Gilead Other Assets vs Other Stockholder Equity Analysis

GILD Stock  USD 92.41  1.06  1.16%   
Gilead Sciences financial indicator trend analysis is much more than just examining Gilead Sciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gilead Sciences is a good investment. Please check the relationship between Gilead Sciences Other Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilead Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.

Other Assets vs Other Stockholder Equity

Other Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gilead Sciences Other Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gilead Sciences' Other Assets and Other Stockholder Equity is -0.28. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Gilead Sciences, assuming nothing else is changed. The correlation between historical values of Gilead Sciences' Other Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Gilead Sciences are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Gilead Sciences' Other Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Other Stockholder Equity

Most indicators from Gilead Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gilead Sciences 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 Gilead Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.At present, Gilead Sciences' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.30, whereas Issuance Of Capital Stock is forecasted to decline to about 295.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue27.3B27.3B27.1B28.5B
Interest Expense1.0B935M944M534.5M

Gilead Sciences fundamental ratios Correlations

0.960.910.980.950.910.70.93-0.050.40.830.250.510.180.98-0.120.110.990.610.80.730.80.470.440.560.53
0.960.870.90.860.830.730.89-0.080.420.740.160.590.070.98-0.04-0.030.980.670.820.70.710.520.320.490.55
0.910.870.920.870.710.580.910.040.320.650.00.630.210.87-0.24-0.080.90.710.610.720.610.50.30.470.5
0.980.90.920.960.90.660.910.00.320.850.240.430.250.93-0.190.20.960.540.740.730.820.390.490.550.45
0.950.860.870.960.880.540.950.030.440.780.20.480.340.87-0.180.210.90.590.680.740.80.410.420.460.37
0.910.830.710.90.880.750.77-0.250.180.950.450.160.050.87-0.070.40.890.260.780.570.960.230.520.620.35
0.70.730.580.660.540.750.48-0.27-0.170.750.360.14-0.180.76-0.010.280.750.190.850.210.710.350.290.540.41
0.930.890.910.910.950.770.48-0.030.550.640.060.680.190.88-0.27-0.110.90.760.660.770.650.540.280.40.47
-0.05-0.080.040.00.03-0.25-0.27-0.030.23-0.22-0.430.190.82-0.110.210.1-0.090.23-0.20.27-0.31-0.110.39-0.260.06
0.40.420.320.320.440.18-0.170.550.23-0.02-0.080.740.290.380.21-0.340.370.760.230.480.020.51-0.05-0.030.28
0.830.740.650.850.780.950.750.64-0.22-0.020.52-0.040.070.81-0.110.50.830.070.710.540.940.070.620.70.38
0.250.160.00.240.20.450.360.06-0.43-0.080.52-0.3-0.090.260.120.530.26-0.290.47-0.120.450.220.180.420.05
0.510.590.630.430.480.160.140.680.190.74-0.04-0.30.140.52-0.05-0.590.510.980.40.43-0.020.8-0.21-0.050.39
0.180.070.210.250.340.05-0.180.190.820.290.07-0.090.140.060.20.40.10.2-0.080.350.02-0.060.39-0.090.0
0.980.980.870.930.870.870.760.88-0.110.380.810.260.520.06-0.060.031.00.610.840.690.750.50.40.590.61
-0.12-0.04-0.24-0.19-0.18-0.07-0.01-0.270.210.21-0.110.12-0.050.2-0.060.28-0.09-0.05-0.09-0.12-0.04-0.080.040.02-0.05
0.11-0.03-0.080.20.210.40.28-0.110.1-0.340.50.53-0.590.40.030.280.07-0.530.17-0.10.53-0.370.460.25-0.28
0.990.980.90.960.90.890.750.9-0.090.370.830.260.510.11.0-0.090.070.60.830.710.770.490.430.580.58
0.610.670.710.540.590.260.190.760.230.760.07-0.290.980.20.61-0.05-0.530.60.430.580.080.75-0.060.020.44
0.80.820.610.740.680.780.850.66-0.20.230.710.470.4-0.080.84-0.090.170.830.430.320.650.630.240.390.4
0.730.70.720.730.740.570.210.770.270.480.54-0.120.430.350.69-0.12-0.10.710.580.320.470.120.590.330.47
0.80.710.610.820.80.960.710.65-0.310.020.940.45-0.020.020.75-0.040.530.770.080.650.470.060.470.630.17
0.470.520.50.390.410.230.350.54-0.110.510.070.220.8-0.060.5-0.08-0.370.490.750.630.120.06-0.290.060.32
0.440.320.30.490.420.520.290.280.39-0.050.620.18-0.210.390.40.040.460.43-0.060.240.590.47-0.290.440.41
0.560.490.470.550.460.620.540.4-0.26-0.030.70.42-0.05-0.090.590.020.250.580.020.390.330.630.060.440.65
0.530.550.50.450.370.350.410.470.060.280.380.050.390.00.61-0.05-0.280.580.440.40.470.170.320.410.65
Click cells to compare fundamentals

Gilead Sciences Account Relationship Matchups

Gilead Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.6B68.4B68.0B63.2B62.1B65.2B
Short Long Term Debt Total24.6B31.4B26.7B25.2B25.0B26.2B
Other Current Liab6.5B7.2B8.9B7.1B7.7B8.1B
Total Current Liabilities9.8B11.4B11.6B11.2B11.3B11.8B
Total Stockholder Equity22.7B18.2B21.1B21.2B22.8B24.0B
Property Plant And Equipment Net4.5B5.0B5.1B5.5B5.3B5.6B
Net Debt13.0B25.4B21.4B19.8B18.9B19.8B
Retained Earnings19.4B14.4B16.3B15.7B16.3B17.1B
Accounts Payable713M844M705M905M550M518.2M
Cash11.6B6.0B5.3B5.4B6.1B3.8B
Non Current Assets Total30.1B52.6B52.9B47.9B46.0B48.3B
Non Currrent Assets Other7.7B6.4B6.0B4.0B4.8B5.0B
Cash And Short Term Investments25.8B7.9B7.8B7.6B7.3B7.5B
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.3B1.5B
Liabilities And Stockholders Equity61.6B68.4B68.0B63.2B62.1B65.2B
Non Current Liabilities Total29.2B38.8B35.3B30.7B28.1B29.5B
Other Current Assets1.4B2.0B2.1B1.8B2.4B1.3B
Other Stockholder Equity3.2B3.9B4.7B5.6B6.5B6.8B
Total Liab39.0B50.2B46.9B42.0B39.4B41.3B
Total Current Assets31.5B15.8B15.1B15.2B16.1B10.8B
Short Term Debt2.5B2.8B1.5B2.3B1.8B1.9B
Net Receivables3.6B4.9B4.5B4.8B4.7B2.4B
Property Plant And Equipment Gross4.5B5.0B7.0B7.7B7.8B8.2B
Accumulated Other Comprehensive Income85M(60M)83M2M28M37.6M
Short Term Investments12.7B1.4B1.2B973M1.2B1.1B
Inventory2.1B3.0B2.7B2.8B1.8B1.3B
Other Liab6.5B9.5B35.3B7.3B8.4B8.8B
Other Assets3.1B4.8B6.0B1M1.2M1.1M
Long Term Debt22.1B28.6B25.2B23.0B23.2B12.2B
Property Plant Equipment4.5B5.0B5.1B5.5B6.3B6.6B
Net Tangible Assets4.6B(23.0B)(20.7B)(16.0B)(14.4B)(13.7B)
Noncontrolling Interest In Consolidated Entity125M19M(5M)(31M)(84M)(79.8M)
Retained Earnings Total Equity19.4B14.4B16.3B15.7B18.0B12.7B
Long Term Debt Total22.1B28.6B25.2B23.0B26.4B19.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gilead Sciences is a strong investment it is important to analyze Gilead Sciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gilead Sciences' future performance. For an informed investment choice regarding Gilead Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilead Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology 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 Gilead Sciences. If investors know Gilead 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 Gilead Sciences 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
(0.42)
Dividend Share
3.06
Earnings Share
0.09
Revenue Per Share
22.703
Quarterly Revenue Growth
0.07
The market value of Gilead Sciences is measured differently than its book value, which is the value of Gilead that is recorded on the company's balance sheet. Investors also form their own opinion of Gilead Sciences' value that differs from its market value or its book value, called intrinsic value, which is Gilead Sciences' 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 Gilead Sciences' market value can be influenced by many factors that don't directly affect Gilead Sciences' 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 Gilead Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gilead Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gilead Sciences' 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.