Intuitive Total Assets vs Net Tangible Assets Analysis

ISRG Stock

USD 538.55 3.55 0.65%

Intuitive Surgical financial indicator trend analysis is infinitely more than just investigating Intuitive Surgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuitive Surgical is a good investment. Please check the relationship between Intuitive Surgical Total Assets and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

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

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuitive Surgical Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Intuitive Surgical's Total Assets and Net Tangible Assets is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Intuitive Surgical, assuming nothing else is changed. The correlation between historical values of Intuitive Surgical's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Intuitive Surgical are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Intuitive Surgical's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Intuitive Surgical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Intuitive Surgical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

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

For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.The Intuitive Surgical's current Selling General Administrative is estimated to increase to about 2.1 B. The Intuitive Surgical's current Tax Provision is estimated to increase to about 162.9 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	310.2M	380.4M	421.8M	442.9M
Income Tax Expense	162.2M	262.4M	141.6M	137.0M

Depreciation And Amortization Income Tax Expense

Intuitive Surgical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.67	1.0	-0.01	0.96	0.43	0.79	0.99	0.98	0.94	0.96	0.95	0.25	-0.05	0.91	0.71	0.97	0.9	0.95	0.69	0.94	-0.07	0.91	0.07	0.9	0.92
Short Long Term Debt Total	0.67		0.67	-0.36	0.58	0.93	0.58	0.7	0.66	0.59	0.67	0.54	0.13	0.33	0.54	0.58	0.68	0.58	0.56	0.44	0.68	0.05	0.49	-0.2	0.45	0.52
Total Stockholder Equity	1.0	0.67		-0.01	0.96	0.43	0.77	0.98	0.98	0.94	0.95	0.94	0.24	-0.05	0.91	0.71	0.97	0.9	0.94	0.69	0.94	-0.08	0.91	0.06	0.9	0.92
Net Debt	-0.01	-0.36	-0.01		0.14	-0.42	-0.27	-0.1	-0.03	-0.1	-0.03	0.07	0.22	-0.99	0.09	-0.09	-0.09	-0.04	0.06	-0.01	-0.09	-0.1	0.13	0.12	0.15	0.09
Retained Earnings	0.96	0.58	0.96	0.14		0.35	0.63	0.9	0.9	0.86	0.86	0.92	0.2	-0.2	0.89	0.66	0.91	0.84	0.9	0.61	0.87	-0.21	0.9	0.09	0.89	0.91
Common Stock Shares Outstanding	0.43	0.93	0.43	-0.42	0.35		0.35	0.47	0.43	0.35	0.46	0.25	0.17	0.43	0.25	0.54	0.42	0.44	0.28	0.36	0.52	0.18	0.19	-0.38	0.15	0.21
Non Current Liabilities Total	0.79	0.58	0.77	-0.27	0.63	0.35		0.84	0.86	0.88	0.84	0.79	0.08	0.22	0.74	0.48	0.88	0.65	0.81	0.43	0.71	-0.01	0.82	0.13	0.81	0.79
Other Stockholder Equity	0.99	0.7	0.98	-0.1	0.9	0.47	0.84		0.99	0.95	0.97	0.92	0.26	0.05	0.88	0.72	0.97	0.9	0.93	0.7	0.94	0.0	0.88	0.04	0.87	0.89
Total Liab	0.98	0.66	0.98	-0.03	0.9	0.43	0.86	0.99		0.96	0.98	0.94	0.31	-0.02	0.89	0.69	0.97	0.88	0.95	0.69	0.92	0.03	0.9	0.08	0.89	0.91
Other Current Liab	0.94	0.59	0.94	-0.1	0.86	0.35	0.88	0.95	0.96		0.93	0.92	0.28	0.04	0.88	0.59	0.97	0.82	0.95	0.64	0.86	-0.06	0.88	0.17	0.87	0.9
Total Current Liabilities	0.96	0.67	0.95	-0.03	0.86	0.46	0.84	0.97	0.98	0.93		0.87	0.35	-0.01	0.8	0.79	0.93	0.91	0.89	0.73	0.96	0.09	0.86	-0.07	0.84	0.83
Property Plant And Equipment Net	0.95	0.54	0.94	0.07	0.92	0.25	0.79	0.92	0.94	0.92	0.87		0.16	-0.15	0.98	0.47	0.97	0.75	0.99	0.56	0.78	-0.16	0.95	0.36	0.94	0.99
Accounts Payable	0.25	0.13	0.24	0.22	0.2	0.17	0.08	0.26	0.31	0.28	0.35	0.16		-0.2	0.11	0.32	0.18	0.23	0.24	0.29	0.33	0.79	0.08	-0.28	0.08	0.1
Cash	-0.05	0.33	-0.05	-0.99	-0.2	0.43	0.22	0.05	-0.02	0.04	-0.01	-0.15	-0.2		-0.18	0.14	0.02	0.02	-0.14	0.0	0.07	0.13	-0.19	-0.21	-0.21	-0.17
Non Current Assets Total	0.91	0.54	0.91	0.09	0.89	0.25	0.74	0.88	0.89	0.88	0.8	0.98	0.11	-0.18		0.37	0.94	0.68	0.97	0.5	0.7	-0.23	0.92	0.43	0.91	0.98
Cash And Short Term Investments	0.71	0.58	0.71	-0.09	0.66	0.54	0.48	0.72	0.69	0.59	0.79	0.47	0.32	0.14	0.37		0.59	0.85	0.48	0.68	0.89	0.13	0.52	-0.56	0.5	0.43
Net Receivables	0.97	0.68	0.97	-0.09	0.91	0.42	0.88	0.97	0.97	0.97	0.93	0.97	0.18	0.02	0.94	0.59		0.8	0.97	0.57	0.86	-0.1	0.94	0.18	0.93	0.96
Short Term Investments	0.9	0.58	0.9	-0.04	0.84	0.44	0.65	0.9	0.88	0.82	0.91	0.75	0.23	0.02	0.68	0.85	0.8		0.76	0.89	0.95	-0.04	0.71	-0.13	0.69	0.69
Inventory	0.95	0.56	0.94	0.06	0.9	0.28	0.81	0.93	0.95	0.95	0.89	0.99	0.24	-0.14	0.97	0.48	0.97	0.76		0.61	0.79	-0.1	0.92	0.35	0.92	0.97
Other Current Assets	0.69	0.44	0.69	-0.01	0.61	0.36	0.43	0.7	0.69	0.64	0.73	0.56	0.29	0.0	0.5	0.68	0.57	0.89	0.61		0.75	0.05	0.41	0.0	0.4	0.47
Total Current Assets	0.94	0.68	0.94	-0.09	0.87	0.52	0.71	0.94	0.92	0.86	0.96	0.78	0.33	0.07	0.7	0.89	0.86	0.95	0.79	0.75		0.07	0.78	-0.25	0.76	0.75
Short Term Debt	-0.07	0.05	-0.08	-0.1	-0.21	0.18	-0.01	0.0	0.03	-0.06	0.09	-0.16	0.79	0.13	-0.23	0.13	-0.1	-0.04	-0.1	0.05	0.07		-0.21	-0.38	-0.22	-0.22
Common Stock	0.91	0.49	0.91	0.13	0.9	0.19	0.82	0.88	0.9	0.88	0.86	0.95	0.08	-0.19	0.92	0.52	0.94	0.71	0.92	0.41	0.78	-0.21		0.2	1.0	0.97
Non Currrent Assets Other	0.07	-0.2	0.06	0.12	0.09	-0.38	0.13	0.04	0.08	0.17	-0.07	0.36	-0.28	-0.21	0.43	-0.56	0.18	-0.13	0.35	0.0	-0.25	-0.38	0.2		0.21	0.36
Common Stock Total Equity	0.9	0.45	0.9	0.15	0.89	0.15	0.81	0.87	0.89	0.87	0.84	0.94	0.08	-0.21	0.91	0.5	0.93	0.69	0.92	0.4	0.76	-0.22	1.0	0.21		0.97
Property Plant And Equipment Gross	0.92	0.52	0.92	0.09	0.91	0.21	0.79	0.89	0.91	0.9	0.83	0.99	0.1	-0.17	0.98	0.43	0.96	0.69	0.97	0.47	0.75	-0.22	0.97	0.36	0.97

Click cells to compare fundamentals

Intuitive Surgical Account Relationship Matchups

Intuitive Surgical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.7B	11.2B	13.6B	13.0B	15.4B	16.2B
Total Stockholder Equity	8.3B	9.8B	12.0B	11.1B	13.3B	14.0B
Net Debt	(1.1B)	(1.5B)	(1.2B)	(1.5B)	(2.7B)	(2.5B)
Retained Earnings	2.5B	3.3B	4.8B	3.5B	4.7B	5.0B
Common Stock Shares Outstanding	358.5M	360.9M	365.8M	362M	357.4M	333.9M
Liabilities And Stockholders Equity	9.7B	11.2B	13.6B	13.0B	15.4B	16.2B
Non Current Liabilities Total	159.7M	139M	224.1M	439.3M	385.5M	404.8M
Other Stockholder Equity	5.8B	6.4B	7.2B	7.7B	8.6B	9.0B
Total Liab	1.4B	1.4B	1.6B	1.9B	2.0B	2.1B
Other Current Liab	568.9M	486.1M	576.9M	781.7M	912.5M	958.1M
Total Current Liabilities	1.4B	1.4B	1.6B	1.9B	1.7B	1.7B
Property Plant And Equipment Net	1.3B	1.6B	1.9B	2.4B	3.5B	3.7B
Accounts Payable	1.1B	81.6M	121.2M	147M	188.7M	101.8M
Cash	1.2B	1.6B	1.3B	1.6B	2.8B	1.6B
Non Current Assets Total	2.2B	3.1B	3.6B	4.4B	7.6B	7.9B
Cash And Short Term Investments	5.8B	6.9B	8.6B	6.7B	5.2B	2.8B
Net Receivables	645.2M	645.5M	893M	1.1B	1.3B	1.3B
Short Term Investments	2.1B	3.5B	2.9B	2.5B	2.5B	2.6B
Inventory	595.5M	601.5M	587.1M	893.2M	1.2B	1.3B
Other Current Assets	200.2M	393.8M	133.9M	168.6M	176.7M	185.5M
Total Current Assets	7.5B	8.1B	10.0B	8.6B	7.9B	8.3B
Accumulated Other Comprehensive Income	12.4M	24.9M	(24.2M)	(162.5M)	(12.2M)	(12.8M)
Short Term Debt	568.9M	21.9M	20.4M	24.2M	25.3M	24.0M
Non Currrent Assets Other	(2.4B)	(986.6M)	(3.5B)	(1.6B)	597.6M	627.5M
Property Plant And Equipment Gross	1.3B	1.6B	2.8B	3.6B	5.1B	5.4B
Intangible Assets	112.1M	77.4M	70.5M	49.8M	39.1M	69.4M
Property Plant Equipment	1.3B	1.6B	1.9B	2.4B	2.7B	2.9B
Current Deferred Revenue	365.2M	382.4M	414M	438.3M	446.1M	468.4M
Other Liab	349.6M	386.6M	414M	369.7M	425.2M	446.4M
Other Assets	680.5M	2.1B	13.6B	1.2B	1.4B	1.1B
Good Will	307.2M	336.7M	343.6M	348.5M	348.7M	214.6M
Net Tangible Assets	7.5B	8.9B	11.6B	10.0B	11.5B	5.9B
Noncontrolling Interest In Consolidated Entity	20.9M	27.6M	50.4M	70.7M	81.3M	85.4M
Retained Earnings Total Equity	2.5B	3.3B	4.8B	3.5B	4.0B	4.2B
Capital Surpluse	5.8B	6.4B	7.2B	7.7B	8.9B	4.6B
Deferred Long Term Liab	51.5M	53.1M	71.8M	72.3M	83.1M	87.3M
Long Term Investments	2.6B	1.8B	4.4B	2.6B	2.1B	2.1B

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

When determining whether Intuitive Surgical is a strong investment it is important to analyze Intuitive Surgical's 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 Intuitive Surgical's future performance. For an informed investment choice regarding Intuitive Stock, refer to the following important reports:

How To Invest In Intuitive

Details

Is Intuitive Stock a good investment?

Details

What is Intuitive Surgical's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

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

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

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Health Care Equipment & Supplies 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 Intuitive Surgical. If investors know Intuitive 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 Intuitive Surgical 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

0.345

Earnings Share

6.19

Revenue Per Share

22.22

Quarterly Revenue Growth

0.169

Return On Assets

0.0795

The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical'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 Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical'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 Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical'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.

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

Intuitive Total Assets vs Net Tangible Assets Analysis

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Total Assets

Net Tangible Assets

Intuitive Surgical fundamental ratios Correlations

Intuitive Surgical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Intuitive Surgical fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Common Stock
Other Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Other Stockholder Equity
Inventory	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net

Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.56	Cash And Short Term Investments
Common Stock Shares Outstanding	- 0.42	Net Debt
Non Currrent Assets Other	- 0.38	Short Term Debt
Non Currrent Assets Other	- 0.38	Common Stock Shares Outstanding
Net Debt	- 0.36	Short Long Term Debt Total