Agilent Accounts Payable vs Retained Earnings Analysis

A Stock  USD 131.77  3.20  2.49%   
Agilent Technologies financial indicator trend analysis is way more than just evaluating Agilent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilent Technologies is a good investment. Please check the relationship between Agilent Technologies Accounts Payable and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Agilent Technologies' Accounts Payable and Retained Earnings is -0.04. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Agilent Technologies, assuming nothing else is changed. The correlation between historical values of Agilent Technologies' Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Agilent Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Agilent Technologies' Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Agilent Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Agilent Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Agilent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilent Technologies 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 Agilent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.At present, Agilent Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense84M95M85.5M81.2M
Depreciation And Amortization317M271M243.9M259.0M

Agilent Technologies fundamental ratios Correlations

-0.160.410.960.150.410.930.360.37-0.760.940.02-0.040.030.980.460.490.92-0.16-0.160.970.30.660.030.180.44
-0.160.68-0.260.790.64-0.150.40.60.65-0.320.870.640.16-0.080.19-0.030.05-0.02-0.02-0.32-0.060.0-0.09-0.410.38
0.410.680.280.580.740.480.450.650.030.240.540.310.260.50.260.130.45-0.22-0.220.310.210.46-0.2-0.350.64
0.96-0.260.280.150.30.90.240.37-0.790.86-0.01-0.120.110.880.520.420.93-0.26-0.260.920.090.62-0.060.150.33
0.150.790.580.150.720.090.420.760.39-0.050.970.670.180.140.460.20.45-0.09-0.09-0.06-0.240.1-0.08-0.290.24
0.410.640.740.30.720.390.630.80.090.310.740.550.120.470.370.360.55-0.08-0.080.280.10.35-0.04-0.280.51
0.93-0.150.480.90.090.390.360.47-0.790.85-0.05-0.240.220.910.420.220.87-0.36-0.360.910.240.78-0.19-0.130.56
0.360.40.450.240.420.630.360.59-0.070.320.460.430.180.440.440.080.47-0.1-0.110.280.160.54-0.1-0.310.59
0.370.60.650.370.760.80.470.59-0.050.160.710.280.510.340.6-0.050.62-0.5-0.490.24-0.30.56-0.42-0.640.61
-0.760.650.03-0.790.390.09-0.79-0.07-0.05-0.740.530.54-0.21-0.68-0.39-0.07-0.610.370.37-0.85-0.1-0.70.21-0.09-0.29
0.94-0.320.240.86-0.050.310.850.320.16-0.74-0.14-0.08-0.190.950.230.60.790.040.050.950.480.510.220.340.33
0.020.870.54-0.010.970.74-0.050.460.710.53-0.140.780.060.040.360.210.310.050.06-0.17-0.220.00.04-0.280.22
-0.040.640.31-0.120.670.55-0.240.430.280.54-0.080.78-0.410.030.160.440.130.530.53-0.170.01-0.190.490.11-0.05
0.030.160.260.110.180.120.220.180.51-0.21-0.190.06-0.41-0.040.47-0.570.16-0.97-0.97-0.01-0.350.48-0.99-0.610.42
0.98-0.080.50.880.140.470.910.440.34-0.680.950.040.03-0.040.390.520.87-0.06-0.060.950.460.650.10.190.51
0.460.190.260.520.460.370.420.440.6-0.390.230.360.160.470.39-0.130.65-0.43-0.430.39-0.340.72-0.37-0.310.55
0.49-0.030.130.420.20.360.220.08-0.05-0.070.60.210.44-0.570.52-0.130.390.520.520.450.39-0.230.610.74-0.16
0.920.050.450.930.450.550.870.470.62-0.610.790.310.130.160.870.650.39-0.26-0.260.830.060.68-0.08-0.030.46
-0.16-0.02-0.22-0.26-0.09-0.08-0.36-0.1-0.50.370.040.050.53-0.97-0.06-0.430.52-0.261.0-0.140.35-0.530.970.58-0.39
-0.16-0.02-0.22-0.26-0.09-0.08-0.36-0.11-0.490.370.050.060.53-0.97-0.06-0.430.52-0.261.0-0.140.35-0.530.970.57-0.4
0.97-0.320.310.92-0.060.280.910.280.24-0.850.95-0.17-0.17-0.010.950.390.450.83-0.14-0.140.290.670.050.220.43
0.3-0.060.210.09-0.240.10.240.16-0.3-0.10.48-0.220.01-0.350.46-0.340.390.060.350.350.29-0.030.330.40.12
0.660.00.460.620.10.350.780.540.56-0.70.510.0-0.190.480.650.72-0.230.68-0.53-0.530.67-0.03-0.43-0.470.77
0.03-0.09-0.2-0.06-0.08-0.04-0.19-0.1-0.420.210.220.040.49-0.990.1-0.370.61-0.080.970.970.050.33-0.430.6-0.36
0.18-0.41-0.350.15-0.29-0.28-0.13-0.31-0.64-0.090.34-0.280.11-0.610.19-0.310.74-0.030.580.570.220.4-0.470.6-0.46
0.440.380.640.330.240.510.560.590.61-0.290.330.22-0.050.420.510.55-0.160.46-0.39-0.40.430.120.77-0.36-0.46
Click cells to compare fundamentals

Agilent Technologies Account Relationship Matchups

Agilent Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B10.7B10.5B10.8B12.4B9.3B
Other Current Liab601M769M733M634M570.6M632.1M
Total Current Liabilities1.5B1.7B1.9B1.6B1.4B1.4B
Total Stockholder Equity4.9B5.4B5.3B5.8B6.7B4.7B
Property Plant And Equipment Net845M945M1.1B1.3B1.1B863.9M
Non Current Assets Total6.2B6.9B6.8B6.6B7.6B4.6B
Non Currrent Assets Other776M511M686M424M381.6M582.1M
Net Receivables1.0B1.2B1.4B1.3B1.2B797.6M
Common Stock Shares Outstanding312M307M300M296M266.4M305.0M
Liabilities And Stockholders Equity9.6B10.7B10.5B10.8B12.4B9.3B
Non Current Liabilities Total3.3B3.6B3.4B3.3B3.8B2.7B
Inventory720M830M1.0B1.0B927.9M740.7M
Other Current Assets216M222M282M274M246.6M283.8M
Other Stockholder Equity5.3B5.3B5.3B5.4B4.8B5.1B
Total Liab4.8B5.3B5.2B4.9B5.7B4.5B
Property Plant And Equipment Gross845M2.1B2.2B2.5B2.9B3.0B
Total Current Assets3.4B3.8B3.8B4.2B3.8B3.4B
Accumulated Other Comprehensive Income(522M)(282M)(347M)(327M)(294.3M)(309.0M)
Current Deferred Revenue386M441M461M505M580.8M364.3M
Short Long Term Debt Total2.4B2.4B2.8B2.8B3.2B2.3B
Other Liab876M879M633M462M531.3M776.8M
Net Debt918M1.2B1.7B1.1B1.3B1.4B
Retained Earnings81M348M324M782M899.3M854.3M
Cash1.4B1.5B1.1B1.6B1.8B2.2B
Other Assets601M820M670M554M498.6M642.3M
Cash And Short Term Investments1.4B1.6B1.1B1.6B1.8B2.2B
Good Will3.6B5.0B4.0B4.0B4.6B2.3B
Short Term Debt126M52M87M46M41.4M39.3M
Intangible Assets831M981M821M475M546.3M652.9M
Property Plant Equipment845M945M1.1B1.4B1.3B845.4M
Long Term Debt2.3B2.7B2.7B2.7B3.1B2.3B
Long Term Debt Total2.3B2.7B2.7B2.7B3.1B2.3B
Net Tangible Assets440M433M516M1.4B1.3B953.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Life Sciences Tools & Services space 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 Agilent Technologies. If investors know Agilent 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 Agilent Technologies 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
1.569
Dividend Share
0.933
Earnings Share
4.81
Revenue Per Share
22.269
Quarterly Revenue Growth
(0.06)
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' 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 Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' 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 Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' 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.