Agilent Operating Income vs Interest Expense Analysis
A Stock | USD 135.54 0.29 0.21% |
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 Operating Income and its Interest Expense 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.
Operating Income vs Interest Expense
Operating Income vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Operating Income account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agilent Technologies' Operating Income and Interest Expense is 0.51. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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' Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Agilent Technologies are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., Agilent Technologies' Operating Income and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Agilent Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Agilent Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 Expense | 84M | 95M | 96M | 91.2M | Depreciation And Amortization | 317M | 271M | 243.9M | 259.0M |
Agilent Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Agilent Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agilent Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.6B | 10.7B | 10.5B | 10.8B | 11.8B | 9.4B | |
Other Current Liab | 601M | 769M | 733M | 634M | 1.3B | 1.4B | |
Total Current Liabilities | 1.5B | 1.7B | 1.9B | 1.6B | 1.9B | 1.4B | |
Total Stockholder Equity | 4.9B | 5.4B | 5.3B | 5.8B | 5.9B | 4.8B | |
Property Plant And Equipment Net | 845M | 945M | 1.1B | 1.3B | 1.8B | 1.9B | |
Non Current Assets Total | 6.2B | 6.9B | 6.8B | 6.6B | 7.9B | 4.8B | |
Non Currrent Assets Other | 776M | 511M | 686M | 424M | 910M | 587.5M | |
Net Receivables | 1.0B | 1.2B | 1.4B | 1.3B | 1.3B | 807.3M | |
Common Stock Shares Outstanding | 312M | 307M | 300M | 296M | 291M | 302.4M | |
Liabilities And Stockholders Equity | 9.6B | 10.7B | 10.5B | 10.8B | 11.8B | 9.4B | |
Non Current Liabilities Total | 3.3B | 3.6B | 3.4B | 3.3B | 4.1B | 2.7B | |
Inventory | 720M | 830M | 1.0B | 1.0B | 972M | 742.1M | |
Other Current Assets | 216M | 222M | 282M | 274M | 334M | 283.2M | |
Other Stockholder Equity | 5.3B | 5.3B | 5.3B | 5.4B | 5.5B | 5.7B | |
Total Liab | 4.8B | 5.3B | 5.2B | 4.9B | 5.9B | 4.6B | |
Property Plant And Equipment Gross | 845M | 2.1B | 2.2B | 2.5B | 2.9B | 3.0B | |
Total Current Assets | 3.4B | 3.8B | 3.8B | 4.2B | 4.0B | 3.4B | |
Accumulated Other Comprehensive Income | (522M) | (282M) | (347M) | (327M) | (305M) | (320.3M) | |
Current Deferred Revenue | 386M | 441M | 461M | 505M | 580.8M | 364.3M | |
Short Long Term Debt Total | 2.4B | 2.4B | 2.8B | 2.8B | 3.4B | 2.4B | |
Other Liab | 876M | 879M | 633M | 462M | 531.3M | 776.8M | |
Net Debt | 918M | 1.2B | 1.7B | 1.1B | 2.1B | 2.2B | |
Retained Earnings | 81M | 348M | 324M | 782M | 750M | 712.5M | |
Cash | 1.4B | 1.5B | 1.1B | 1.6B | 1.3B | 1.6B | |
Other Assets | 601M | 820M | 670M | 554M | 498.6M | 642.3M | |
Cash And Short Term Investments | 1.4B | 1.6B | 1.1B | 1.6B | 1.3B | 1.6B | |
Good Will | 3.6B | 5.0B | 4.0B | 4.0B | 4.5B | 2.4B | |
Short Term Debt | 126M | 52M | 87M | 46M | 45M | 42.8M | |
Intangible Assets | 831M | 981M | 821M | 475M | 547M | 650.8M | |
Property Plant Equipment | 845M | 945M | 1.1B | 1.4B | 1.3B | 845.4M | |
Long Term Debt | 2.3B | 2.7B | 2.7B | 2.7B | 3.1B | 2.3B | |
Long Term Debt Total | 2.3B | 2.7B | 2.7B | 2.7B | 3.1B | 2.3B | |
Net Tangible Assets | 440M | 433M | 516M | 1.4B | 1.3B | 953.5M |
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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 | Earnings Share 4.43 | Revenue Per Share 22.269 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0758 |
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.