Thermo Historical Balance Sheet

TMO Stock

USD 511.68 1.99 0.39%

Trend analysis of Thermo Fisher Scientific balance sheet accounts such as Total Stockholder Equity of 52 B, Property Plant And Equipment Net of 9.8 B, Net Debt of 28.6 B or Retained Earnings of 55.8 B provides information on Thermo Fisher's total assets, liabilities, and equity, which is the actual value of Thermo Fisher Scientific to its prevalent stockholders. By breaking down trends over time using Thermo Fisher balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

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Covid

Financial Statement Analysis is much more than just reviewing and examining Thermo Fisher Scientific latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thermo Fisher Scientific is a good buy for the upcoming year.

Thermo Fisher Inventory

5.23 Billion

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Thermo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Thermo Fisher Scientific at a specified time, usually calculated after every quarter, six months, or one year. Thermo Fisher Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thermo Fisher 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 Thermo currently owns. An asset can also be divided into two categories, current and non-current.

Thermo Fisher Balance Sheet Chart

At this time, Thermo Fisher's Net Debt is very stable compared to the past year. As of the 29th of March 2025, Retained Earnings is likely to grow to about 55.8 B, while Common Stock Shares Outstanding is likely to drop about 276.4 M.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Thermo Fisher 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 Thermo Fisher Scientific 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.

Total Current Liabilities

Total Current Liabilities is an item on Thermo Fisher balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Thermo Fisher Scientific are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Thermo Fisher's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Thermo Fisher Scientific current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	34.5B	34.9B	31.3B	32.8B
Total Assets	97.2B	98.7B	97.3B	102.2B

Short Long Term Debt Total Total Assets

Thermo Fisher balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Current Deferred Revenue	Good Will
Total Assets		0.99	0.84	0.97	0.99	0.98	0.95	0.96	0.64	0.99	0.59	0.71	0.98	0.39	0.98	0.99	0.84	-0.39	0.99	0.95	0.6	0.85	0.98	0.94	0.95	0.99
Short Long Term Debt Total	0.99		0.79	0.97	0.96	0.97	0.97	0.93	0.63	0.98	0.54	0.69	0.98	0.38	0.98	0.98	0.78	-0.35	1.0	0.93	0.63	0.87	0.96	0.93	0.94	0.98
Other Current Liab	0.84	0.79		0.8	0.87	0.82	0.82	0.91	0.33	0.85	0.66	0.46	0.79	0.07	0.85	0.81	0.97	-0.63	0.79	0.76	0.25	0.61	0.84	0.88	0.9	0.87
Total Current Liabilities	0.97	0.97	0.8		0.95	0.99	0.91	0.94	0.71	0.95	0.53	0.77	0.98	0.3	0.95	0.98	0.78	-0.42	0.98	0.96	0.69	0.79	0.98	0.94	0.95	0.96
Total Stockholder Equity	0.99	0.96	0.87	0.95		0.96	0.92	0.98	0.63	0.98	0.62	0.71	0.96	0.38	0.97	0.98	0.88	-0.43	0.97	0.95	0.56	0.82	0.97	0.94	0.95	0.99
Property Plant And Equipment Net	0.98	0.97	0.82	0.99	0.96		0.91	0.95	0.69	0.96	0.6	0.75	0.99	0.27	0.95	0.99	0.79	-0.48	0.98	0.96	0.61	0.77	0.99	0.96	0.97	0.96
Net Debt	0.95	0.97	0.82	0.91	0.92	0.91		0.89	0.41	0.98	0.52	0.48	0.91	0.37	0.96	0.93	0.81	-0.33	0.96	0.82	0.47	0.91	0.91	0.89	0.9	0.97
Retained Earnings	0.96	0.93	0.91	0.94	0.98	0.95	0.89		0.62	0.95	0.67	0.71	0.95	0.19	0.96	0.95	0.92	-0.61	0.93	0.94	0.52	0.7	0.96	0.98	0.98	0.97
Cash	0.64	0.63	0.33	0.71	0.63	0.69	0.41	0.62		0.55	0.36	0.99	0.71	0.24	0.58	0.69	0.35	-0.24	0.64	0.84	0.8	0.37	0.68	0.59	0.59	0.56
Non Current Assets Total	0.99	0.98	0.85	0.95	0.98	0.96	0.98	0.95	0.55		0.58	0.62	0.96	0.4	0.99	0.97	0.86	-0.38	0.98	0.91	0.54	0.88	0.96	0.93	0.94	1.0
Non Currrent Assets Other	0.59	0.54	0.66	0.53	0.62	0.6	0.52	0.67	0.36	0.58		0.44	0.61	-0.07	0.64	0.56	0.63	-0.6	0.55	0.6	0.05	0.32	0.61	0.65	0.68	0.61
Cash And Short Term Investments	0.71	0.69	0.46	0.77	0.71	0.75	0.48	0.71	0.99	0.62	0.44		0.76	0.21	0.66	0.74	0.49	-0.35	0.69	0.89	0.79	0.4	0.74	0.68	0.68	0.64
Net Receivables	0.98	0.98	0.79	0.98	0.96	0.99	0.91	0.95	0.71	0.96	0.61	0.76		0.31	0.96	0.99	0.77	-0.44	0.98	0.97	0.61	0.79	0.99	0.95	0.96	0.97
Common Stock Shares Outstanding	0.39	0.38	0.07	0.3	0.38	0.27	0.37	0.19	0.24	0.4	-0.07	0.21	0.31		0.32	0.38	0.15	0.57	0.39	0.3	0.33	0.66	0.28	0.12	0.13	0.35
Non Current Liabilities Total	0.98	0.98	0.85	0.95	0.97	0.95	0.96	0.96	0.58	0.99	0.64	0.66	0.96	0.32		0.96	0.86	-0.46	0.97	0.92	0.55	0.82	0.95	0.96	0.96	0.99
Inventory	0.99	0.98	0.81	0.98	0.98	0.99	0.93	0.95	0.69	0.97	0.56	0.74	0.99	0.38	0.96		0.8	-0.38	0.99	0.96	0.61	0.84	0.99	0.93	0.94	0.97
Other Current Assets	0.84	0.78	0.97	0.78	0.88	0.79	0.81	0.92	0.35	0.86	0.63	0.49	0.77	0.15	0.86	0.8		-0.61	0.78	0.76	0.32	0.61	0.83	0.88	0.89	0.88
Other Stockholder Equity	-0.39	-0.35	-0.63	-0.42	-0.43	-0.48	-0.33	-0.61	-0.24	-0.38	-0.6	-0.35	-0.44	0.57	-0.46	-0.38	-0.61		-0.35	-0.45	-0.1	0.08	-0.48	-0.66	-0.63	-0.44
Total Liab	0.99	1.0	0.79	0.98	0.97	0.98	0.96	0.93	0.64	0.98	0.55	0.69	0.98	0.39	0.97	0.99	0.78	-0.35		0.94	0.62	0.88	0.97	0.93	0.94	0.98
Total Current Assets	0.95	0.93	0.76	0.96	0.95	0.96	0.82	0.94	0.84	0.91	0.6	0.89	0.97	0.3	0.92	0.96	0.76	-0.45	0.94		0.7	0.7	0.96	0.92	0.92	0.92
Short Term Debt	0.6	0.63	0.25	0.69	0.56	0.61	0.47	0.52	0.8	0.54	0.05	0.79	0.61	0.33	0.55	0.61	0.32	-0.1	0.62	0.7		0.46	0.59	0.55	0.53	0.54
Intangible Assets	0.85	0.87	0.61	0.79	0.82	0.77	0.91	0.7	0.37	0.88	0.32	0.4	0.79	0.66	0.82	0.84	0.61	0.08	0.88	0.7	0.46		0.77	0.66	0.69	0.85
Accounts Payable	0.98	0.96	0.84	0.98	0.97	0.99	0.91	0.96	0.68	0.96	0.61	0.74	0.99	0.28	0.95	0.99	0.83	-0.48	0.97	0.96	0.59	0.77		0.95	0.96	0.97
Property Plant And Equipment Gross	0.94	0.93	0.88	0.94	0.94	0.96	0.89	0.98	0.59	0.93	0.65	0.68	0.95	0.12	0.96	0.93	0.88	-0.66	0.93	0.92	0.55	0.66	0.95		0.99	0.95
Current Deferred Revenue	0.95	0.94	0.9	0.95	0.95	0.97	0.9	0.98	0.59	0.94	0.68	0.68	0.96	0.13	0.96	0.94	0.89	-0.63	0.94	0.92	0.53	0.69	0.96	0.99		0.96
Good Will	0.99	0.98	0.87	0.96	0.99	0.96	0.97	0.97	0.56	1.0	0.61	0.64	0.97	0.35	0.99	0.97	0.88	-0.44	0.98	0.92	0.54	0.85	0.97	0.95	0.96

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Thermo Fisher Account Relationship Matchups

Thermo Fisher balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	69.1B	95.1B	97.2B	98.7B	97.3B	102.2B
Short Long Term Debt Total	21.7B	34.9B	34.5B	34.9B	31.3B	32.8B
Other Current Liab	3.9B	5.4B	5.4B	4.8B	11.1B	11.7B
Total Current Liabilities	10.3B	13.4B	17.0B	14.0B	13.3B	14.0B
Total Stockholder Equity	34.5B	40.8B	44.0B	46.7B	49.6B	52.0B
Property Plant And Equipment Net	6.7B	9.9B	10.9B	9.4B	9.3B	9.8B
Net Debt	11.4B	30.4B	26.0B	26.8B	27.3B	28.6B
Retained Earnings	28.1B	35.4B	41.9B	47.4B	53.1B	55.8B
Cash	10.3B	4.5B	8.5B	8.1B	4.0B	4.2B
Non Current Assets Total	45.5B	72.0B	69.7B	74.1B	75.2B	78.9B
Non Currrent Assets Other	2.5B	4.4B	(2.8B)	4.0B	4.5B	4.7B
Cash And Short Term Investments	10.3B	4.5B	8.5B	8.1B	5.6B	5.8B
Net Receivables	6.5B	8.9B	9.4B	9.7B	8.2B	8.6B
Common Stock Shares Outstanding	399M	397M	394M	388M	383M	276.4M
Liabilities And Stockholders Equity	69.1B	95.1B	97.2B	98.7B	97.3B	102.2B
Non Current Liabilities Total	19.1B	32.1B	28.8B	37.9B	34.3B	36.0B
Inventory	4.0B	5.1B	5.6B	5.1B	5.0B	5.2B
Other Current Assets	1.1B	1.6B	1.6B	1.8B	3.4B	3.6B
Other Stockholder Equity	8.8B	7.3B	4.7B	2.2B	(1.3B)	(1.2B)
Total Liab	34.5B	54.1B	53.0B	51.9B	47.7B	50.0B
Total Current Assets	22.0B	20.1B	25.2B	24.6B	22.1B	23.2B
Short Term Debt	2.8B	2.5B	5.6B	3.6B	2.2B	2.3B
Intangible Assets	12.7B	20.1B	17.5B	16.7B	15.5B	16.3B
Accounts Payable	2.2B	2.9B	3.4B	2.9B	3.1B	3.2B
Property Plant And Equipment Gross	5.9B	12.6B	14.3B	15.5B	16.1B	16.9B
Accumulated Other Comprehensive Income	(2.8B)	(2.3B)	(3.1B)	(3.2B)	(2.7B)	(2.6B)
Current Deferred Revenue	1.3B	2.7B	2.6B	2.7B	3.1B	3.2B
Good Will	26.0B	41.9B	41.2B	44.0B	45.9B	48.1B
Common Stock Total Equity	434M	437M	439M	441M	507.2M	352.8M
Short Term Investments	3M	37M	28M	(2.0B)	1.6B	1.6B
Common Stock	437M	439M	441M	442M	444M	361.8M
Other Liab	4.8B	5.1B	8.1B	5.7B	6.5B	6.9B
Other Assets	1.2B	1.6B	3.0B	2.2B	2.6B	2.7B
Long Term Debt	19.1B	32.3B	28.9B	31.3B	29.1B	30.5B
Treasury Stock	(3.7B)	(5.2B)	(6.8B)	(8.9B)	(8.0B)	(7.6B)
Property Plant Equipment	4.7B	5.9B	8.3B	9.3B	10.7B	11.2B
Net Tangible Assets	(10.1B)	(4.2B)	(21.2B)	(14.5B)	(13.1B)	(13.7B)
Retained Earnings Total Equity	22.1B	28.1B	35.4B	41.9B	48.2B	50.6B

Pair Trading with Thermo Fisher

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 Thermo Fisher 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 Thermo Fisher will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thermo Stock

0.87

Agilent Technologies Earnings Call This Week

Pair Corr

Moving against Thermo Stock

0.34

VALN

Valneva SE ADR

Pair Corr

The ability to find closely correlated positions to Thermo Fisher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermo Fisher 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 Thermo Fisher - 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 Thermo Fisher Scientific to buy it.

The correlation of Thermo Fisher 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 Thermo Fisher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermo Fisher Scientific 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 Thermo Fisher 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

When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:

How To Invest In Thermo

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Is Thermo Stock a good investment?

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What is Thermo Fisher's Net Worth?

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Largest Life Sciences Tools & Services Companies

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You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Is Life Sciences Tools & 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 Thermo Fisher. If investors know Thermo 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 Thermo Fisher 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

0.138

Dividend Share

1.56

Earnings Share

16.51

Revenue Per Share

112.249

Quarterly Revenue Growth

0.047

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

Thermo Fisher Inventory

5.23 Billion

About Thermo Balance Sheet Analysis

Thermo Fisher Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Thermo Fisher balance sheet Correlations

Thermo Fisher Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thermo Fisher balance sheet Accounts

Pair Trading with Thermo Fisher

Moving together with Thermo Stock

Moving against Thermo Stock

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Total Liab	+ 1.0	Short Long Term Debt Total
Good Will	+ 1.0	Non Current Assets Total
Short Long Term Debt Total	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.66	Other Stockholder Equity
Current Deferred Revenue	- 0.63	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Other Current Liab
Other Stockholder Equity	- 0.61	Other Current Assets
Other Stockholder Equity	- 0.61	Retained Earnings
Other Stockholder Equity	- 0.6	Non Currrent Assets Other