Edwards Balance Sheet Analysis From 2010 to 2024

EW Stock  USD 88.61  0.86  0.98%   
Most indicators from Edwards Lifesciences' financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into Edwards Lifesciences Corp current financial condition. On the other hand, looking into the entire matrix of financial 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 Edwards Lifesciences Valuation and Edwards Lifesciences Correlation analysis.
  
At this time, Edwards Lifesciences' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.36 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 169.1 M in 2024.
Most indicators from Edwards Lifesciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edwards Lifesciences Corp 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 Edwards Lifesciences Valuation and Edwards Lifesciences Correlation analysis.
At this time, Edwards Lifesciences' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.36 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 169.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B4.3B4.6B4.9B
Total Revenue5.2B5.4B6.0B6.3B

Edwards Lifesciences fundamental ratios Correlations

-0.450.880.990.970.920.990.80.810.970.7-0.910.720.960.98-0.630.760.940.960.480.93-0.680.730.850.810.4
-0.45-0.43-0.48-0.48-0.37-0.46-0.4-0.31-0.41-0.340.32-0.13-0.45-0.450.14-0.23-0.5-0.41-0.14-0.410.31-0.51-0.36-0.420.18
0.88-0.430.820.80.690.870.650.740.850.74-0.80.680.850.82-0.340.810.770.850.610.91-0.470.610.770.640.25
0.99-0.480.820.990.950.980.840.750.970.66-0.90.630.970.97-0.690.670.970.940.370.87-0.680.750.790.810.34
0.97-0.480.80.990.930.980.80.710.970.67-0.860.640.960.97-0.660.670.960.910.320.87-0.70.780.770.840.31
0.92-0.370.690.950.930.890.930.730.930.45-0.870.520.930.91-0.870.530.960.910.270.73-0.660.580.730.790.35
0.99-0.460.870.980.980.890.770.720.950.76-0.870.70.940.95-0.580.750.920.90.460.92-0.610.80.790.790.36
0.8-0.40.650.840.80.930.770.610.830.33-0.80.290.880.74-0.860.350.910.810.190.58-0.540.440.620.740.16
0.81-0.310.740.750.710.730.720.610.760.42-0.830.780.720.84-0.550.750.680.920.630.8-0.690.320.930.630.61
0.97-0.410.850.970.970.930.950.830.760.61-0.880.630.980.95-0.670.680.960.950.320.87-0.750.670.820.790.28
0.7-0.340.740.660.670.450.760.330.420.61-0.520.720.630.63-0.040.810.550.560.60.79-0.350.880.590.530.37
-0.910.32-0.8-0.9-0.86-0.87-0.87-0.8-0.83-0.88-0.52-0.59-0.9-0.890.62-0.59-0.88-0.93-0.48-0.830.62-0.52-0.85-0.75-0.46
0.72-0.130.680.630.640.520.70.290.780.630.72-0.590.570.73-0.270.960.480.720.760.85-0.560.540.820.590.74
0.96-0.450.850.970.960.930.940.880.720.980.63-0.90.570.93-0.680.630.980.930.330.85-0.690.690.790.840.26
0.98-0.450.820.970.970.910.950.740.840.950.63-0.890.730.93-0.640.740.920.960.410.91-0.750.690.860.810.41
-0.630.14-0.34-0.69-0.66-0.87-0.58-0.86-0.55-0.67-0.040.62-0.27-0.68-0.64-0.22-0.74-0.67-0.05-0.370.51-0.23-0.48-0.64-0.3
0.76-0.230.810.670.670.530.750.350.750.680.81-0.590.960.630.74-0.220.530.740.780.88-0.50.610.790.580.6
0.94-0.50.770.970.960.960.920.910.680.960.55-0.880.480.980.92-0.740.530.910.230.78-0.690.680.740.820.22
0.96-0.410.850.940.910.910.90.810.920.950.56-0.930.720.930.96-0.670.740.910.480.89-0.760.550.920.790.44
0.48-0.140.610.370.320.270.460.190.630.320.6-0.480.760.330.41-0.050.780.230.480.61-0.060.310.610.320.74
0.93-0.410.910.870.870.730.920.580.80.870.79-0.830.850.850.91-0.370.880.780.890.61-0.670.710.890.80.44
-0.680.31-0.47-0.68-0.7-0.66-0.61-0.54-0.69-0.75-0.350.62-0.56-0.69-0.750.51-0.5-0.69-0.76-0.06-0.67-0.44-0.8-0.68-0.26
0.73-0.510.610.750.780.580.80.440.320.670.88-0.520.540.690.69-0.230.610.680.550.310.71-0.440.510.620.21
0.85-0.360.770.790.770.730.790.620.930.820.59-0.850.820.790.86-0.480.790.740.920.610.89-0.80.510.750.6
0.81-0.420.640.810.840.790.790.740.630.790.53-0.750.590.840.81-0.640.580.820.790.320.8-0.680.620.750.31
0.40.180.250.340.310.350.360.160.610.280.37-0.460.740.260.41-0.30.60.220.440.740.44-0.260.210.60.31
Click cells to compare fundamentals

Edwards Lifesciences Account Relationship Matchups

Edwards Lifesciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B7.2B8.5B8.3B9.4B9.8B
Other Current Liab6.4M39.3M3.9M311M15.2M14.4M
Retained Earnings3.7B4.6B6.1B7.6B9.0B9.4B
Net Receivables599.1M602.8M664.9M699.1M836.9M878.7M
Good Will1.2B1.2B1.2B1.2B1.3B688.6M
Inventory640.9M802.3M726.7M875.5M1.2B1.2B
Other Current Assets168M208.2M237.1M195.9M239.3M251.3M
Total Liab2.3B2.7B2.7B2.5B2.6B1.4B
Total Current Assets3.0B3.1B3.2B3.1B4.0B4.2B
Other Liab784.1M1.1B969.6M797.6M917.2M963.1M
Net Debt(500.3M)(488.3M)(172.5M)(77.7M)(449.1M)(426.6M)
Accounts Payable180.4M196.5M204.5M201.9M201.4M139.5M
Cash1.2B1.2B862.8M769M1.1B1.2B
Other Assets274M1.2B357.5M783.1M900.6M945.6M
Long Term Debt594.4M595M595.7M596.3M597M425.6M
Short Term Debt598M0.025.5M27.2M24.9M23.7M
Intangible Assets336.5M331.4M323.6M285.2M428.4M449.8M
Common Stock218.1M636.4M642M646.3M650.5M683.0M
Treasury Stock(1.0B)(1.3B)(1.9B)(2.4B)(2.2B)(2.1B)
Net Tangible Assets2.9B3.4B4.3B4.4B5.0B5.3B
Capital Surpluse1.6B1.4B1.7B2.0B2.3B1.2B

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

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Moving against Edwards Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Edwards Lifesciences Corp is a strong investment it is important to analyze Edwards Lifesciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Edwards Lifesciences' future performance. For an informed investment choice regarding Edwards Stock, refer to the following important reports:

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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.