Alphabet Other Stockholder Equity vs Retained Earnings Analysis

GOOG Stock

28.46 0.04 0.14%

Alphabet financial indicator trend analysis is way more than just evaluating Alphabet CDR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet CDR is a good investment. Please check the relationship between Alphabet Other Stockholder Equity and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Retained Earnings

Other Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet CDR Other Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Alphabet's Other Stockholder Equity and Retained Earnings is -0.65. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Alphabet Inc CDR, assuming nothing else is changed. The correlation between historical values of Alphabet's Other Stockholder Equity and Retained Earnings 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 Stockholder Equity of Alphabet Inc CDR are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Stockholder Equity i.e., Alphabet's Other Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Other Stockholder Equity

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet CDR 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 Alphabet Inc CDR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of November 28, 2024, Tax Provision is expected to decline to about 10.1 B. In addition to that, Selling General Administrative is expected to decline to about 37.5 B

	2021	2022	2023	2024 (projected)
Net Interest Income	1.2B	1.8B	3.6B	2.3B
Tax Provision	14.7B	11.4B	11.9B	10.1B

Net Interest Income Tax Provision

Alphabet fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets
Total Assets		0.26	1.0	1.0	-0.79	0.99	1.0	0.91	0.88	0.99	0.91	0.89	0.92	0.99	0.96	0.79	0.14	0.94	0.95	0.75	0.93	-0.59	1.0	1.0	0.97	0.93
Other Current Liab	0.26		0.21	0.21	0.1	0.2	0.22	0.0	0.35	0.16	-0.08	-0.03	0.52	0.19	0.16	-0.1	0.72	0.54	0.39	-0.22	-0.08	0.26	0.34	0.24	0.28	0.45
Total Current Liabilities	1.0	0.21		1.0	-0.82	1.0	0.99	0.92	0.87	0.99	0.94	0.89	0.91	1.0	0.97	0.8	0.1	0.92	0.94	0.76	0.94	-0.61	0.99	1.0	0.96	0.9
Total Stockholder Equity	1.0	0.21	1.0		-0.81	1.0	1.0	0.92	0.86	0.99	0.93	0.91	0.9	1.0	0.96	0.81	0.09	0.92	0.93	0.78	0.94	-0.63	0.99	1.0	0.97	0.91
Other Liab	-0.79	0.1	-0.82	-0.81		-0.78	-0.8	-0.77	-0.72	-0.84	-0.81	-0.89	-0.63	-0.8	-0.89	-0.93	0.4	-0.63	-0.72	-0.89	-0.79	0.78	-0.76	-0.8	-0.69	-0.6
Net Tangible Assets	0.99	0.2	1.0	1.0	-0.78		0.99	0.93	0.85	0.99	0.94	0.88	0.89	1.0	0.95	0.77	0.14	0.91	0.93	0.74	0.96	-0.6	0.99	0.99	0.96	0.9
Retained Earnings	1.0	0.22	0.99	1.0	-0.8	0.99		0.9	0.83	0.99	0.93	0.91	0.89	1.0	0.97	0.82	0.08	0.92	0.92	0.79	0.94	-0.65	0.98	1.0	0.97	0.91
Accounts Payable	0.91	0.0	0.92	0.92	-0.77	0.93	0.9		0.82	0.9	0.86	0.79	0.73	0.92	0.84	0.67	0.1	0.82	0.91	0.68	0.91	-0.46	0.9	0.91	0.81	0.86
Cash	0.88	0.35	0.87	0.86	-0.72	0.85	0.83	0.82		0.83	0.74	0.74	0.92	0.83	0.79	0.62	0.21	0.91	0.88	0.55	0.73	-0.32	0.9	0.87	0.79	0.89
Non Current Assets Total	0.99	0.16	0.99	0.99	-0.84	0.99	0.99	0.9	0.83		0.96	0.91	0.88	0.99	0.98	0.84	0.03	0.88	0.91	0.81	0.96	-0.68	0.97	0.99	0.96	0.86
Non Currrent Assets Other	0.91	-0.08	0.94	0.93	-0.81	0.94	0.93	0.86	0.74	0.96		0.9	0.78	0.94	0.93	0.84	-0.11	0.74	0.77	0.83	0.99	-0.74	0.88	0.92	0.92	0.72
Other Assets	0.89	-0.03	0.89	0.91	-0.89	0.88	0.91	0.79	0.74	0.91	0.9		0.77	0.89	0.94	0.97	-0.31	0.74	0.73	0.96	0.89	-0.86	0.85	0.9	0.88	0.74
Long Term Debt	0.92	0.52	0.91	0.9	-0.63	0.89	0.89	0.73	0.92	0.88	0.78	0.77		0.88	0.85	0.66	0.3	0.96	0.87	0.58	0.77	-0.43	0.94	0.92	0.93	0.91
Net Receivables	0.99	0.19	1.0	1.0	-0.8	1.0	1.0	0.92	0.83	0.99	0.94	0.89	0.88		0.96	0.8	0.1	0.91	0.93	0.77	0.96	-0.63	0.98	0.99	0.97	0.89
Good Will	0.96	0.16	0.97	0.96	-0.89	0.95	0.97	0.84	0.79	0.98	0.93	0.94	0.85	0.96		0.91	-0.09	0.84	0.86	0.86	0.92	-0.77	0.94	0.96	0.93	0.8
Common Stock Shares Outstanding	0.79	-0.1	0.8	0.81	-0.93	0.77	0.82	0.67	0.62	0.84	0.84	0.97	0.66	0.8	0.91		-0.48	0.61	0.62	0.98	0.81	-0.93	0.74	0.8	0.78	0.58
Short Term Investments	0.14	0.72	0.1	0.09	0.4	0.14	0.08	0.1	0.21	0.03	-0.11	-0.31	0.3	0.1	-0.09	-0.48		0.38	0.33	-0.54	-0.06	0.62	0.21	0.11	0.14	0.37
Non Current Liabilities Total	0.94	0.54	0.92	0.92	-0.63	0.91	0.92	0.82	0.91	0.88	0.74	0.74	0.96	0.91	0.84	0.61	0.38		0.96	0.54	0.76	-0.36	0.97	0.93	0.9	0.98
Capital Lease Obligations	0.95	0.39	0.94	0.93	-0.72	0.93	0.92	0.91	0.88	0.91	0.77	0.73	0.87	0.93	0.86	0.62	0.33	0.96		0.57	0.81	-0.37	0.96	0.94	0.85	0.95
Inventory	0.75	-0.22	0.76	0.78	-0.89	0.74	0.79	0.68	0.55	0.81	0.83	0.96	0.58	0.77	0.86	0.98	-0.54	0.54	0.57		0.81	-0.95	0.7	0.77	0.74	0.55
Other Current Assets	0.93	-0.08	0.94	0.94	-0.79	0.96	0.94	0.91	0.73	0.96	0.99	0.89	0.77	0.96	0.92	0.81	-0.06	0.76	0.81	0.81		-0.7	0.89	0.93	0.92	0.76
Other Stockholder Equity	-0.59	0.26	-0.61	-0.63	0.78	-0.6	-0.65	-0.46	-0.32	-0.68	-0.74	-0.86	-0.43	-0.63	-0.77	-0.93	0.62	-0.36	-0.37	-0.95	-0.7		-0.53	-0.62	-0.64	-0.33
Total Liab	1.0	0.34	0.99	0.99	-0.76	0.99	0.98	0.9	0.9	0.97	0.88	0.85	0.94	0.98	0.94	0.74	0.21	0.97	0.96	0.7	0.89	-0.53		0.99	0.96	0.95
Net Invested Capital	1.0	0.24	1.0	1.0	-0.8	0.99	1.0	0.91	0.87	0.99	0.92	0.9	0.92	0.99	0.96	0.8	0.11	0.93	0.94	0.77	0.93	-0.62	0.99		0.97	0.92
Long Term Investments	0.97	0.28	0.96	0.97	-0.69	0.96	0.97	0.81	0.79	0.96	0.92	0.88	0.93	0.97	0.93	0.78	0.14	0.9	0.85	0.74	0.92	-0.64	0.96	0.97		0.88
Total Current Assets	0.93	0.45	0.9	0.91	-0.6	0.9	0.91	0.86	0.89	0.86	0.72	0.74	0.91	0.89	0.8	0.58	0.37	0.98	0.95	0.55	0.76	-0.33	0.95	0.92	0.88

Click cells to compare fundamentals

Alphabet Account Relationship Matchups

Alphabet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	275.9B	319.6B	359.3B	365.3B	402.4B	358.5B
Other Current Liab	22.2B	28.0B	28.0B	28.0B	9.5B	17.8B
Total Current Liabilities	45.2B	56.8B	64.3B	69.3B	81.8B	64.5B
Total Stockholder Equity	201.4B	222.5B	251.6B	256.1B	283.4B	255.3B
Other Liab	14.5B	15.2B	17.2B	12.6B	11.4B	12.2B
Net Tangible Assets	178.8B	199.9B	227.3B	225.1B	258.9B	217.5B
Retained Earnings	152.1B	163.4B	191.5B	195.6B	211.2B	192.3B
Accounts Payable	5.6B	5.6B	6.0B	5.1B	7.5B	6.3B
Cash	18.5B	26.5B	20.9B	21.9B	24.0B	23.6B
Non Current Assets Total	123.3B	145.3B	171.1B	200.5B	230.9B	177.5B
Non Currrent Assets Other	2.3B	4.0B	5.4B	6.6B	10.1B	5.7B
Other Assets	3.1B	5.0B	6.6B	11.9B	13.7B	14.3B
Long Term Debt	4.0B	13.9B	12.8B	14.7B	11.9B	11.2B
Net Receivables	27.5B	30.9B	39.3B	40.3B	48.0B	38.0B
Good Will	20.6B	21.2B	23.0B	29.0B	29.2B	25.8B
Common Stock Shares Outstanding	688.3M	675.2M	662.1M	12.8B	12.5B	13.1B
Short Term Investments	101.2B	110.2B	118.7B	91.9B	86.9B	80.2B
Non Current Liabilities Total	29.2B	40.2B	43.4B	39.8B	37.2B	38.6B
Capital Lease Obligations	12.0B	12.8B	15.6B	12.5B	16.6B	12.8B
Inventory	999M	728M	1.2B	2.7B	3.1B	3.2B
Other Current Assets	4.4B	5.5B	8.0B	8.1B	12.7B	7.9B
Other Stockholder Equity	(1.2B)	633M	(1.6B)	(7.6B)	(6.8B)	(6.5B)
Total Liab	74.5B	97.1B	107.6B	109.1B	119.0B	103.1B
Net Invested Capital	205.4B	236.5B	264.5B	270.8B	295.2B	266.6B
Long Term Investments	13.1B	20.7B	29.5B	30.5B	31.0B	25.4B
Total Current Assets	152.6B	174.3B	188.1B	164.8B	171.5B	181.0B
Capital Stock	50.6B	58.5B	61.8B	68.2B	76.5B	66.1B
Non Current Liabilities Other	2.5B	2.3B	2.2B	2.2B	1.6B	1.9B
Net Working Capital	107.4B	117.5B	123.9B	95.5B	89.7B	84.7B
Intangible Assets	2.0B	1.4B	1.4B	2.1B	1.9B	1.5B
Common Stock	50.6B	58.5B	61.8B	68.2B	78.4B	62.5B
Property Plant Equipment	84.6B	97.0B	110.6B	127.0B	146.1B	105.4B

Pair Trading with Alphabet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alphabet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alphabet will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alphabet Stock

0.69	JPM	JPMorgan Chase	Pair Corr
0.72	BOFA	Bank of America	Pair Corr

Moving against Alphabet Stock

0.68

PFE

Pfizer Inc CDR

Pair Corr

The ability to find closely correlated positions to Alphabet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphabet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alphabet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alphabet Inc CDR to buy it.

The correlation of Alphabet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alphabet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphabet CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Alphabet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Alphabet Stock

Balance Sheet is a snapshot of the financial position of Alphabet CDR at a specified time, usually calculated after every quarter, six months, or one year. Alphabet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alphabet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Alphabet currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC