AstraZeneca Total Revenue vs Depreciation And Amortization Analysis

AZN Stock  USD 75.17  0.14  0.19%   
AstraZeneca PLC financial indicator trend analysis is way more than just evaluating AstraZeneca PLC ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstraZeneca PLC ADR is a good investment. Please check the relationship between AstraZeneca PLC Total Revenue and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Revenue vs Depreciation And Amortization

Total Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AstraZeneca PLC ADR Total Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between AstraZeneca PLC's Total Revenue and Depreciation And Amortization is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of AstraZeneca PLC ADR, assuming nothing else is changed. The correlation between historical values of AstraZeneca PLC's Total Revenue and Depreciation And Amortization 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 Revenue of AstraZeneca PLC ADR are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Revenue i.e., AstraZeneca PLC's Total Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts AstraZeneca PLC ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from AstraZeneca PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstraZeneca PLC ADR 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, AstraZeneca PLC's Tax Provision is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value is likely to grow to about 220.4 B, while Selling General Administrative is likely to drop about 11.8 B.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.3B1.6B1.7B
Depreciation And Amortization6.5B5.6B4.9B5.2B

AstraZeneca PLC fundamental ratios Correlations

0.940.340.950.90.830.85-0.380.30.330.99-0.070.180.91-0.360.850.840.960.690.790.930.740.740.910.960.43
0.940.170.880.770.840.97-0.640.310.090.97-0.31-0.080.78-0.490.90.890.960.530.770.860.720.720.960.950.48
0.340.170.470.40.020.120.22-0.580.120.310.310.190.380.070.05-0.010.250.140.450.39-0.08-0.080.140.27-0.02
0.950.880.470.870.770.78-0.360.130.340.93-0.030.220.91-0.310.720.710.90.640.90.880.640.640.870.880.3
0.90.770.40.870.630.65-0.20.110.410.850.010.310.84-0.220.550.750.740.760.750.970.690.690.70.820.08
0.830.840.020.770.630.76-0.390.540.370.83-0.090.20.84-0.260.850.750.880.750.580.660.880.880.880.80.57
0.850.970.120.780.650.76-0.780.23-0.150.9-0.44-0.310.64-0.530.860.860.890.340.730.790.650.650.910.90.48
-0.38-0.640.22-0.36-0.2-0.39-0.78-0.030.57-0.470.750.71-0.10.6-0.49-0.6-0.470.13-0.47-0.37-0.35-0.35-0.58-0.49-0.23
0.30.31-0.580.130.110.540.23-0.030.420.30.080.290.36-0.060.540.310.40.44-0.050.120.510.510.330.320.53
0.330.090.120.340.410.37-0.150.570.420.220.50.920.560.180.150.080.250.770.10.220.350.350.150.160.04
0.990.970.310.930.850.830.9-0.470.30.22-0.150.050.86-0.440.890.840.970.60.790.910.720.720.910.990.51
-0.07-0.310.31-0.030.01-0.09-0.440.750.080.5-0.150.760.230.82-0.18-0.36-0.130.3-0.1-0.11-0.11-0.11-0.22-0.19-0.02
0.18-0.080.190.220.310.2-0.310.710.290.920.050.760.480.54-0.03-0.090.080.690.020.110.180.180.01-0.02-0.11
0.910.780.380.910.840.840.64-0.10.360.560.860.230.48-0.060.710.60.860.820.760.810.750.750.770.820.38
-0.36-0.490.07-0.31-0.22-0.26-0.530.6-0.060.18-0.440.820.54-0.06-0.44-0.45-0.420.1-0.28-0.32-0.22-0.22-0.39-0.47-0.3
0.850.90.050.720.550.850.86-0.490.540.150.89-0.18-0.030.71-0.440.80.950.460.520.660.650.650.880.90.79
0.840.89-0.010.710.750.750.86-0.60.310.080.84-0.36-0.090.6-0.450.80.820.560.520.80.710.710.880.830.35
0.960.960.250.90.740.880.89-0.470.40.250.97-0.130.080.86-0.420.950.820.580.730.810.690.690.950.960.62
0.690.530.140.640.760.750.340.130.440.770.60.30.690.820.10.460.560.580.420.650.810.810.560.550.15
0.790.770.450.90.750.580.73-0.47-0.050.10.79-0.10.020.76-0.280.520.520.730.420.810.530.530.710.760.13
0.930.860.390.880.970.660.79-0.370.120.220.91-0.110.110.81-0.320.660.80.810.650.810.710.710.760.90.19
0.740.72-0.080.640.690.880.65-0.350.510.350.72-0.110.180.75-0.220.650.710.690.810.530.711.00.680.720.38
0.740.72-0.080.640.690.880.65-0.350.510.350.72-0.110.180.75-0.220.650.710.690.810.530.711.00.680.720.38
0.910.960.140.870.70.880.91-0.580.330.150.91-0.220.010.77-0.390.880.880.950.560.710.760.680.680.880.47
0.960.950.270.880.820.80.9-0.490.320.160.99-0.19-0.020.82-0.470.90.830.960.550.760.90.720.720.880.56
0.430.48-0.020.30.080.570.48-0.230.530.040.51-0.02-0.110.38-0.30.790.350.620.150.130.190.380.380.470.56
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AstraZeneca PLC Account Relationship Matchups

AstraZeneca PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.4B66.7B105.4B96.5B101.1B106.2B
Short Long Term Debt Total18.2B20.4B30.8B29.2B28.6B30.1B
Other Current Liab2.1B508M748M1.5B21.7B22.8B
Total Current Liabilities18.1B20.3B22.6B26.3B30.5B32.1B
Total Stockholder Equity13.1B15.6B39.3B37.0B39.1B41.1B
Property Plant And Equipment Net8.3B8.9B10.2B9.4B10.5B6.8B
Net Debt12.9B12.5B24.5B23.1B22.8B23.9B
Retained Earnings2.8B5.3B1.7B(574M)1.5B1.4B
Accounts Payable14.0B15.8B18.9B19.0B3.3B3.1B
Cash5.4B7.8B6.3B6.2B5.8B4.7B
Non Current Assets Total45.8B47.2B79.1B73.9B76.1B79.9B
Non Currrent Assets Other1.5B1.7B1.1B1.1B1.1B1.4B
Cash And Short Term Investments6.2B8.0B6.4B6.4B5.9B5.8B
Common Stock Shares Outstanding2.6B2.6B2.9B3.1B3.1B2.9B
Liabilities And Stockholders Equity61.4B66.7B105.4B96.5B101.1B106.2B
Non Current Liabilities Total28.7B30.8B43.5B33.1B31.4B33.0B
Inventory3.2B4.0B9.0B4.7B5.4B5.7B
Total Liab46.8B51.1B66.1B59.4B62.0B65.1B
Total Current Assets15.6B19.5B26.2B22.6B25.1B15.3B
Short Term Debt2.0B2.4B1.9B5.5B5.4B5.7B
Other Stockholder Equity8.4B8.4B35.6B35.6B35.6B37.4B
Other Assets3.5B4.3B5.3B4.2B4.8B5.0B
Intangible Assets20.8B20.9B42.4B39.3B38.1B40.0B
Other Liab10.3B10.5B13.0B8.5B9.8B6.7B
Long Term Debt15.7B17.5B28.1B23.0B22.4B11.3B
Good Will11.7B11.8B20.0B19.8B20.0B21.1B
Other Current Assets971M1.9B105M11.5B116M110.2M
Property Plant Equipment8.3B8.9B10.2B9.4B10.9B7.9B
Current Deferred Revenue28M1.6B1.0B181M149M156.5M
Net Receivables5.2B5.7B10.8B9.9B13.6B14.2B
Property Plant And Equipment Gross8.3B8.9B10.2B9.4B19.1B20.1B
Accumulated Other Comprehensive Income1.6B1.6B1.6B1.6B1.6B1.7B
Noncontrolling Interest In Consolidated Entity1.6B1.5B16M21M23M21.9M
Additional Paid In Capital8.1B8.1B35.3B35.3B35.3B37.1B
Net Tangible Assets(19.4B)(17.2B)(23.1B)(22.1B)(19.9B)(20.9B)

AstraZeneca PLC Investors Sentiment

The influence of AstraZeneca PLC's 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 AstraZeneca. 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 AstraZeneca PLC's public news can be used to forecast risks associated with an investment in AstraZeneca. The trend in average sentiment can be used to explain how an investor holding AstraZeneca can time the market purely based on public headlines and social activities around AstraZeneca PLC ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AstraZeneca PLC's 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 AstraZeneca PLC's 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 AstraZeneca PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AstraZeneca PLC.

AstraZeneca PLC Implied Volatility

    
  55.87  
AstraZeneca PLC's implied volatility exposes the market's sentiment of AstraZeneca PLC ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if AstraZeneca PLC's 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 AstraZeneca PLC stock will not fluctuate a lot when AstraZeneca PLC's 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 AstraZeneca PLC 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, AstraZeneca PLC's short interest history, or implied volatility extrapolated from AstraZeneca PLC options trading.

Pair Trading with AstraZeneca PLC

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 AstraZeneca PLC 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 AstraZeneca PLC will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to AstraZeneca PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AstraZeneca PLC 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 AstraZeneca PLC - 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 AstraZeneca PLC ADR to buy it.
The correlation of AstraZeneca PLC 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 AstraZeneca PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AstraZeneca PLC ADR 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 AstraZeneca PLC 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 CorrelationCorrelation Matching
When determining whether AstraZeneca PLC ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AstraZeneca PLC'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 Astrazeneca Plc Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrazeneca Plc Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the AstraZeneca PLC ADR information on this page should be used as a complementary analysis to other AstraZeneca PLC's 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running AstraZeneca PLC's price analysis, check to measure AstraZeneca PLC's 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 AstraZeneca PLC is operating at the current time. Most of AstraZeneca PLC's value examination focuses on studying past and present price action to predict the probability of AstraZeneca PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AstraZeneca PLC's price. Additionally, you may evaluate how the addition of AstraZeneca PLC to your portfolios can decrease your overall portfolio volatility.
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Is AstraZeneca PLC's 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 AstraZeneca PLC. If investors know AstraZeneca 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 AstraZeneca PLC 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
0.059
Dividend Share
2.9
Earnings Share
1.91
Revenue Per Share
2.4547
Quarterly Revenue Growth
0.073
The market value of AstraZeneca PLC ADR is measured differently than its book value, which is the value of AstraZeneca that is recorded on the company's balance sheet. Investors also form their own opinion of AstraZeneca PLC's value that differs from its market value or its book value, called intrinsic value, which is AstraZeneca PLC'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 AstraZeneca PLC's market value can be influenced by many factors that don't directly affect AstraZeneca PLC'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 AstraZeneca PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if AstraZeneca PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AstraZeneca PLC'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.