Guardant Reconciled Depreciation vs Net Income From Continuing Ops Analysis

GH Stock

USD 17.35 0.19 1.11%

Guardant Health financial indicator trend analysis is much more than just examining Guardant Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardant Health is a good investment. Please check the relationship between Guardant Health Reconciled Depreciation and its Net Income From Continuing Ops accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

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

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardant Health Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.

The correlation between Guardant Health's Reconciled Depreciation and Net Income From Continuing Ops is -0.93. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Guardant Health, assuming nothing else is changed. The correlation between historical values of Guardant Health's Reconciled Depreciation and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Guardant Health are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Reconciled Depreciation i.e., Guardant Health's Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Reconciled Depreciation

Net Income From Continuing Ops

Most indicators from Guardant Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardant Health 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 Guardant Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.As of now, Guardant Health's Tax Provision is increasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Selling General Administrative is projected to decrease to under 118.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	250.7M	293.2M	336.9M	177.0M
Total Revenue	373.7M	449.5M	563.9M	282.4M

Gross Profit Total Revenue

Guardant Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory
Total Assets		0.9	0.67	0.85	0.62	-0.19	0.7	0.83	0.74	0.61	-0.73	0.45	0.75	0.87	0.67	0.84	0.9	0.95	0.92	0.74	0.69	0.89	0.87	0.97	0.78	0.76
Short Long Term Debt Total	0.9		0.61	0.95	0.24	-0.19	0.35	0.97	0.71	0.82	-0.84	0.66	0.68	0.82	0.78	0.92	0.84	0.82	0.93	0.8	0.54	0.88	0.95	0.89	0.91	0.84
Other Current Liab	0.67	0.61		0.64	0.32	-0.21	0.35	0.58	0.46	0.28	-0.61	-0.06	0.77	0.8	0.72	0.81	0.6	0.52	0.63	0.53	-0.01	0.71	0.7	0.59	0.68	0.61
Total Current Liabilities	0.85	0.95	0.64		0.18	0.01	0.3	0.99	0.83	0.8	-0.88	0.69	0.63	0.84	0.81	0.92	0.91	0.72	0.97	0.74	0.44	0.9	0.91	0.88	0.95	0.87
Total Stockholder Equity	0.62	0.24	0.32	0.18		-0.15	0.97	0.14	0.32	-0.05	-0.01	-0.16	0.33	0.48	-0.05	0.18	0.47	0.67	0.36	0.23	0.68	0.32	0.18	0.56	0.04	0.07
Other Liab	-0.19	-0.19	-0.21	0.01	-0.15		-0.21	-0.05	0.36	-0.1	-0.03	0.18	-0.18	-0.17	-0.03	-0.16	0.1	-0.21	0.03	-0.45	-0.12	-0.15	-0.17	-0.08	-0.06	0.03
Net Tangible Assets	0.7	0.35	0.35	0.3	0.97	-0.21		0.25	0.44	0.07	-0.12	-0.03	0.38	0.55	0.05	0.28	0.6	0.73	0.47	0.28	0.73	0.43	0.28	0.67	0.16	0.18
Property Plant And Equipment Net	0.83	0.97	0.58	0.99	0.14	-0.05	0.25		0.78	0.87	-0.86	0.74	0.59	0.83	0.79	0.93	0.86	0.71	0.96	0.77	0.48	0.88	0.92	0.85	0.95	0.85
Current Deferred Revenue	0.74	0.71	0.46	0.83	0.32	0.36	0.44	0.78		0.52	-0.78	0.64	0.58	0.63	0.68	0.68	0.95	0.7	0.88	0.41	0.48	0.78	0.71	0.86	0.74	0.79
Net Debt	0.61	0.82	0.28	0.8	-0.05	-0.1	0.07	0.87	0.52		-0.63	0.82	0.23	0.69	0.53	0.77	0.63	0.46	0.77	0.59	0.52	0.65	0.75	0.59	0.82	0.62
Retained Earnings	-0.73	-0.84	-0.61	-0.88	-0.01	-0.03	-0.12	-0.86	-0.78	-0.63		-0.66	-0.82	-0.62	-0.97	-0.86	-0.78	-0.69	-0.84	-0.71	-0.24	-0.91	-0.94	-0.78	-0.94	-1.0
Accounts Payable	0.45	0.66	-0.06	0.69	-0.16	0.18	-0.03	0.74	0.64	0.82	-0.66		0.19	0.34	0.5	0.52	0.59	0.43	0.67	0.49	0.52	0.58	0.62	0.56	0.69	0.66
Cash	0.75	0.68	0.77	0.63	0.33	-0.18	0.38	0.59	0.58	0.23	-0.82	0.19		0.56	0.87	0.73	0.65	0.77	0.65	0.63	0.17	0.81	0.81	0.73	0.7	0.83
Non Current Assets Total	0.87	0.82	0.8	0.84	0.48	-0.17	0.55	0.83	0.63	0.69	-0.62	0.34	0.56		0.6	0.9	0.82	0.69	0.88	0.67	0.49	0.81	0.79	0.8	0.8	0.63
Non Currrent Assets Other	0.67	0.78	0.72	0.81	-0.05	-0.03	0.05	0.79	0.68	0.53	-0.97	0.5	0.87	0.6		0.86	0.69	0.6	0.76	0.68	0.06	0.87	0.91	0.69	0.91	0.96
Other Assets	0.84	0.92	0.81	0.92	0.18	-0.16	0.28	0.93	0.68	0.77	-0.86	0.52	0.73	0.9	0.86		0.81	0.69	0.9	0.74	0.34	0.9	0.96	0.8	0.96	0.86
Long Term Debt	0.9	0.84	0.6	0.91	0.47	0.1	0.6	0.86	0.95	0.63	-0.78	0.59	0.65	0.82	0.69	0.81		0.82	0.97	0.58	0.6	0.88	0.82	0.96	0.82	0.8
Cash And Short Term Investments	0.95	0.82	0.52	0.72	0.67	-0.21	0.73	0.71	0.7	0.46	-0.69	0.43	0.77	0.69	0.6	0.69	0.82		0.81	0.68	0.74	0.81	0.79	0.94	0.65	0.72
Net Receivables	0.92	0.93	0.63	0.97	0.36	0.03	0.47	0.96	0.88	0.77	-0.84	0.67	0.65	0.88	0.76	0.9	0.97	0.81		0.71	0.58	0.92	0.9	0.95	0.91	0.85
Common Stock Shares Outstanding	0.74	0.8	0.53	0.74	0.23	-0.45	0.28	0.77	0.41	0.59	-0.71	0.49	0.63	0.67	0.68	0.74	0.58	0.68	0.71		0.39	0.84	0.78	0.71	0.75	0.72
Short Term Investments	0.69	0.54	-0.01	0.44	0.68	-0.12	0.73	0.48	0.48	0.52	-0.24	0.52	0.17	0.49	0.06	0.34	0.6	0.74	0.58	0.39		0.45	0.42	0.67	0.32	0.28
Long Term Debt Total	0.89	0.88	0.71	0.9	0.32	-0.15	0.43	0.88	0.78	0.65	-0.91	0.58	0.81	0.81	0.87	0.9	0.88	0.81	0.92	0.84	0.45		0.94	0.9	0.93	0.93
Non Current Liabilities Total	0.87	0.95	0.7	0.91	0.18	-0.17	0.28	0.92	0.71	0.75	-0.94	0.62	0.81	0.79	0.91	0.96	0.82	0.79	0.9	0.78	0.42	0.94		0.85	0.96	0.94
Capital Surpluse	0.97	0.89	0.59	0.88	0.56	-0.08	0.67	0.85	0.86	0.59	-0.78	0.56	0.73	0.8	0.69	0.8	0.96	0.94	0.95	0.71	0.67	0.9	0.85		0.79	0.8
Capital Lease Obligations	0.78	0.91	0.68	0.95	0.04	-0.06	0.16	0.95	0.74	0.82	-0.94	0.69	0.7	0.8	0.91	0.96	0.82	0.65	0.91	0.75	0.32	0.93	0.96	0.79		0.93
Inventory	0.76	0.84	0.61	0.87	0.07	0.03	0.18	0.85	0.79	0.62	-1.0	0.66	0.83	0.63	0.96	0.86	0.8	0.72	0.85	0.72	0.28	0.93	0.94	0.8	0.93

Click cells to compare fundamentals

Guardant Health Account Relationship Matchups

Guardant Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	962.5M	2.3B	2.2B	1.6B	1.8B	1.4B
Short Long Term Debt Total	33.3M	847.9M	1.4B	1.4B	1.4B	685.2M
Other Current Liab	37.1M	44.3M	152.9M	(21.9M)	108.3M	113.7M
Total Current Liabilities	72.7M	66.8M	194.7M	193.2M	205.9M	112.0M
Total Stockholder Equity	798.4M	1.3B	645.0M	60.2M	158.7M	150.7M
Other Liab	8.6M	1.5M	3.9M	9.2M	8.3M	6.7M
Net Tangible Assets	779.7M	1.3B	627.5M	45.2M	51.9M	49.3M
Property Plant And Equipment Net	72.8M	100.1M	313.9M	341.9M	302.7M	163.8M
Current Deferred Revenue	12.3M	8.6M	11.3M	17.4M	18.0M	12.2M
Net Debt	(110.0M)	14.9M	868.7M	1.2B	220.2M	274.0M
Retained Earnings	(352.8M)	(606.6M)	(1.0B)	(1.7B)	(2.1B)	(2.0B)
Accounts Payable	16.2M	7.3M	17.6M	175.8M	51.7M	39.5M
Cash	143.2M	833.0M	492.2M	141.6M	1.1B	1.2B
Non Current Assets Total	365.2M	383.4M	1.1B	418.4M	439.3M	402.7M
Non Currrent Assets Other	4.9M	17.2M	60.9M	61.5M	124.2M	130.4M
Other Assets	4.9M	17.2M	60.9M	36.5M	41.9M	44.0M
Cash And Short Term Investments	522.8M	1.8B	932.7M	1.0B	1.2B	847.8M
Net Receivables	48.0M	53.3M	97.7M	97.3M	88.8M	60.1M
Common Stock Shares Outstanding	90.6M	97.5M	101.3M	102.2M	112.0M	92.9M
Short Term Investments	379.6M	961.9M	440.5M	869.6M	35.1M	33.3M
Liabilities And Stockholders Equity	962.5M	2.3B	2.2B	1.6B	1.8B	1.4B
Non Current Liabilities Total	41.8M	849.4M	1.4B	1.4B	1.4B	1.5B
Capital Surpluse	1.2B	1.9B	1.7B	1.7B	2.0B	1.1B
Capital Lease Obligations	40.4M	41.6M	226.1M	231.9M	213.8M	224.5M
Inventory	15.2M	22.7M	30.7M	51.6M	61.9M	65.0M
Other Current Assets	11.4M	17.5M	53.1M	31.5M	27.7M	20.6M
Other Stockholder Equity	1.2B	1.9B	1.7B	1.7B	2.3B	1.3B
Total Liab	114.5M	916.2M	1.6B	1.5B	1.6B	1.7B
Property Plant And Equipment Gross	72.8M	100.1M	313.9M	341.9M	430.0M	451.5M
Total Current Assets	597.4M	1.9B	1.1B	1.2B	1.3B	956.1M
Accumulated Other Comprehensive Income	1.1M	2.7M	(4.8M)	(19.5M)	(3.7M)	(3.9M)
Non Current Liabilities Other	8.6M	43.1M	3.9M	9.2M	96.0M	100.8M
Short Term Debt	7.1M	6.6M	12.9M	21.9M	28.0M	29.3M
Property Plant Equipment	72.8M	62.8M	313.9M	167.9M	193.1M	106.4M
Net Invested Capital	798.4M	2.1B	1.8B	1.2B	1.3B	1.2B
Net Working Capital	524.6M	1.8B	919.4M	998.4M	1.1B	950.8M
Intangible Assets	15.4M	16.2M	14.2M	11.7M	9.0M	13.1M

Guardant Health Investors Sentiment

The influence of Guardant Health'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 Guardant. 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 Guardant Health's public news can be used to forecast risks associated with an investment in Guardant. The trend in average sentiment can be used to explain how an investor holding Guardant can time the market purely based on public headlines and social activities around Guardant Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Guardant Health'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 Guardant Health'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 Guardant Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Guardant Health.

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 Guardant Health 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, Guardant Health's short interest history, or implied volatility extrapolated from Guardant Health options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Guardant Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Guardant Health'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 Guardant Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Guardant Health Stock:

How To Invest In Guardant

Details

Is Guardant Stock a good investment?

Details

What is Guardant Health's Net Worth?

Details

Largest Health Care Providers & Services 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 Guardant Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

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

Note that the Guardant Health information on this page should be used as a complementary analysis to other Guardant Health'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Guardant Stock analysis

When running Guardant Health's price analysis, check to measure Guardant Health'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 Guardant Health is operating at the current time. Most of Guardant Health's value examination focuses on studying past and present price action to predict the probability of Guardant Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardant Health's price. Additionally, you may evaluate how the addition of Guardant Health to your portfolios can decrease your overall portfolio volatility.

	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Commodity Directory Find actively traded commodities issued by global exchanges

Is Guardant Health'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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(4.28)

Revenue Per Share

5.036

Quarterly Revenue Growth

0.222

Return On Assets

(0.18)

Return On Equity

(4.38)

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

Guardant Reconciled Depreciation vs Net Income From Continuing Ops Analysis

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Reconciled Depreciation

Net Income From Continuing Ops

Guardant Health fundamental ratios Correlations

Guardant Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guardant Health fundamental ratios Accounts

Guardant Health Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Guardant Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Capital Surpluse	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.97	Short Long Term Debt Total
Net Receivables	+ 0.97	Total Current Liabilities
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Net Receivables	+ 0.97	Long Term Debt

Inventory	- 1.0	Retained Earnings
Non Currrent Assets Other	- 0.97	Retained Earnings
Capital Lease Obligations	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.94	Retained Earnings
Long Term Debt Total	- 0.91	Retained Earnings
Retained Earnings	- 0.88	Total Current Liabilities