Analog Devices Stock Current Ratio
| ADI Stock | USD 183.36 4.22 2.25% |
Analog Devices fundamentals help investors to digest information that contributes to Analog Devices' financial success or failures. It also enables traders to predict the movement of Analog Stock. The fundamental analysis module provides a way to measure Analog Devices' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Analog Devices stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.84 | 3.22 |
Analog | Current Ratio |
Analog Devices Company Current Ratio Analysis
Analog Devices' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Analog Devices Current Ratio | 2.02 X |
Most of Analog Devices' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Analog Devices is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Analog Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Analog Devices is extremely important. It helps to project a fair market value of Analog Stock properly, considering its historical fundamentals such as Current Ratio. Since Analog Devices' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Analog Devices' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Analog Devices' interrelated accounts and indicators.
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Analog Current Ratio Historical Pattern
Today, most investors in Analog Devices Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Analog Devices' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Analog Devices current ratio as a starting point in their analysis.
Analog Devices Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Analog Discontinued Operations
Discontinued Operations |
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In accordance with the recently published financial statements, Analog Devices has a Current Ratio of 2.02 times. This is 28.62% lower than that of the Semiconductors & Semiconductor Equipment sector and 48.73% lower than that of the Information Technology industry. The current ratio for all United States stocks is 6.48% higher than that of the company.
Analog Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Analog Devices' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Analog Devices could also be used in its relative valuation, which is a method of valuing Analog Devices by comparing valuation metrics of similar companies.Analog Devices is currently under evaluation in current ratio category among related companies.
Analog Devices ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Analog Devices' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Analog Devices' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Analog Fundamentals
| Return On Equity | 0.0781 | ||||
| Return On Asset | 0.0437 | ||||
| Profit Margin | 0.24 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 100.56 B | ||||
| Shares Outstanding | 495.91 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 91.80 % | ||||
| Number Of Shares Shorted | 8.47 M | ||||
| Price To Earning | 49.43 X | ||||
| Price To Book | 2.68 X | ||||
| Price To Sales | 8.24 X | ||||
| Revenue | 12.31 B | ||||
| Gross Profit | 7.88 B | ||||
| EBITDA | 6.33 B | ||||
| Net Income | 3.31 B | ||||
| Cash And Equivalents | 1.47 B | ||||
| Cash Per Share | 2.89 X | ||||
| Total Debt | 7.01 B | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | 71.68 X | ||||
| Cash Flow From Operations | 4.82 B | ||||
| Short Ratio | 2.51 X | ||||
| Earnings Per Share | 5.60 X | ||||
| Price To Earnings To Growth | 3.61 X | ||||
| Target Price | 212.94 | ||||
| Number Of Employees | 26 K | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 94.83 B | ||||
| Total Asset | 48.79 B | ||||
| Retained Earnings | 10.36 B | ||||
| Working Capital | 1.18 B | ||||
| Current Asset | 4.97 B | ||||
| Current Liabilities | 782.93 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.88 % | ||||
| Net Asset | 48.79 B | ||||
| Last Dividend Paid | 3.5 |
About Analog Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Analog Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Analog Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Analog Devices based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Analog Devices Investors Sentiment
The influence of Analog Devices' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Analog. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Analog Devices' public news can be used to forecast risks associated with an investment in Analog. The trend in average sentiment can be used to explain how an investor holding Analog can time the market purely based on public headlines and social activities around Analog Devices. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Analog Devices' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Analog Devices' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Analog Devices' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Analog Devices.
Analog Devices Implied Volatility | 45.17 |
Analog Devices' implied volatility exposes the market's sentiment of Analog Devices stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Analog Devices' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Analog Devices stock will not fluctuate a lot when Analog Devices' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Analog Devices in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Analog Devices' short interest history, or implied volatility extrapolated from Analog Devices options trading.
Pair Trading with Analog Devices
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 Analog Devices 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 Analog Devices will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Analog Devices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Analog Devices 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 Analog Devices - 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 Analog Devices to buy it.
The correlation of Analog Devices 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 Analog Devices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Analog Devices 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 Analog Devices 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.Check out Analog Devices Piotroski F Score and Analog Devices Altman Z Score analysis. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.Note that the Analog Devices information on this page should be used as a complementary analysis to other Analog Devices' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Analog Stock analysis
When running Analog Devices' price analysis, check to measure Analog Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Analog Devices is operating at the current time. Most of Analog Devices' value examination focuses on studying past and present price action to predict the probability of Analog Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Analog Devices' price. Additionally, you may evaluate how the addition of Analog Devices to your portfolios can decrease your overall portfolio volatility.
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Is Analog Devices' industry 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 Analog Devices. If investors know Analog 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 Analog Devices 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 (0.51) | Dividend Share 3.5 | Earnings Share 5.6 | Revenue Per Share 23.165 | Quarterly Revenue Growth (0.23) |
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.