Edwards Cash And Equivalents from 2010 to 2024
| EW Stock | USD 87.24 2.81 3.12% |
Cash And Equivalents | First Reported 2010-12-31 | Previous Quarter 884.4 M | Current Value 1 B | Quarterly Volatility 126.7 M |
Check Edwards Lifesciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edwards main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 10.6 M or Selling General Administrative of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.36, Dividend Yield of 0.0035 or PTB Ratio of 4.82. Edwards financial statements analysis is a perfect complement when working with Edwards Lifesciences Valuation or Volatility modules.
Edwards | Cash And Equivalents |
Latest Edwards Lifesciences' Cash And Equivalents Growth Pattern
Below is the plot of the Cash And Equivalents of Edwards Lifesciences Corp over the last few years. It is Edwards Lifesciences' Cash And Equivalents historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edwards Lifesciences' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 769 M | 10 Years Trend |
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Cash And Equivalents |
| Timeline |
Edwards Cash And Equivalents Regression Statistics
| Arithmetic Mean | 929,077,238 | |
| Geometric Mean | 921,261,959 | |
| Coefficient Of Variation | 13.64 | |
| Mean Deviation | 79,578,159 | |
| Median | 930,100,000 | |
| Standard Deviation | 126,749,872 | |
| Sample Variance | 16065.5T | |
| Range | 469.1M | |
| R-Value | 0.04 | |
| Mean Square Error | 17279.2T | |
| R-Squared | 0 | |
| Significance | 0.90 | |
| Slope | 1,013,071 | |
| Total Sum of Squares | 224917.4T |
Edwards Cash And Equivalents History
About Edwards Lifesciences Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Edwards Lifesciences income statement, its balance sheet, and the statement of cash flows. Edwards Lifesciences investors use historical funamental indicators, such as Edwards Lifesciences's Cash And Equivalents, to determine how well the company is positioned to perform in the future. Although Edwards Lifesciences investors may use each financial statement separately, they are all related. The changes in Edwards Lifesciences's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Edwards Lifesciences's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Edwards Lifesciences Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Edwards Lifesciences. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 884.4 M | 1 B |
Pair Trading with Edwards Lifesciences
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 Edwards Lifesciences 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 Edwards Lifesciences will appreciate offsetting losses from the drop in the long position's value.Moving together with Edwards Stock
| 0.81 | ELMD | Electromed | PairCorr |
| 0.76 | FEMY | Femasys Financial Report 9th of May 2024 | PairCorr |
Moving against Edwards Stock
| 0.9 | IVP | Inspire Veterinary | PairCorr |
| 0.76 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
| 0.68 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.53 | DYNT | Dynatronics Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Edwards Lifesciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edwards Lifesciences 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 Edwards Lifesciences - 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 Edwards Lifesciences Corp to buy it.
The correlation of Edwards Lifesciences 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 Edwards Lifesciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edwards Lifesciences Corp 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 Edwards Lifesciences 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 the analysis of Edwards Lifesciences Correlation against competitors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Edwards Stock analysis
When running Edwards Lifesciences' price analysis, check to measure Edwards Lifesciences' 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 Edwards Lifesciences is operating at the current time. Most of Edwards Lifesciences' value examination focuses on studying past and present price action to predict the probability of Edwards Lifesciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edwards Lifesciences' price. Additionally, you may evaluate how the addition of Edwards Lifesciences to your portfolios can decrease your overall portfolio volatility.
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Is Edwards Lifesciences' 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 Edwards Lifesciences. If investors know Edwards 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 Edwards Lifesciences 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 (0.06) | Earnings Share 2.3 | Revenue Per Share 9.897 | Quarterly Revenue Growth 0.138 | Return On Assets 0.1225 |
The market value of Edwards Lifesciences Corp is measured differently than its book value, which is the value of Edwards that is recorded on the company's balance sheet. Investors also form their own opinion of Edwards Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Edwards Lifesciences' 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 Edwards Lifesciences' market value can be influenced by many factors that don't directly affect Edwards Lifesciences' 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 Edwards Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Edwards Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edwards Lifesciences' 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.