Analog Total Assets vs Other Current Assets Analysis
ADI Stock | USD 218.06 0.03 0.01% |
Analog Devices financial indicator trend analysis is way more than just evaluating Analog Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Analog Devices is a good investment. Please check the relationship between Analog Devices Total Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Analog Devices Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Analog Devices' Total Assets and Other Current Assets is 0.59. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Analog Devices, assuming nothing else is changed. The correlation between historical values of Analog Devices' Total Assets and Other Current Assets 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 Assets of Analog Devices are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Analog Devices' Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Analog Devices assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Analog Devices books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Analog Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Analog Devices 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 Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.As of now, Analog Devices' Enterprise Value is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 200.4M | 264.6M | 322.2M | 338.3M | Depreciation And Amortization | 2.3B | 2.3B | 2.6B | 2.8B |
Analog Devices fundamental ratios Correlations
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Analog Devices Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Analog Devices fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.5B | 52.3B | 50.3B | 48.8B | 48.2B | 50.6B | |
Short Long Term Debt Total | 5.2B | 6.8B | 6.6B | 7.0B | 7.6B | 8.0B | |
Other Current Liab | 1.1B | 1.4B | 1.8B | 1.3B | 1.1B | 1.2B | |
Total Current Liabilities | 1.4B | 2.8B | 2.4B | 3.2B | 3.0B | 3.1B | |
Total Stockholder Equity | 12.0B | 38.0B | 36.5B | 35.6B | 35.2B | 36.9B | |
Property Plant And Equipment Net | 1.1B | 2.0B | 2.4B | 3.5B | 3.4B | 3.6B | |
Net Debt | 4.1B | 4.8B | 5.1B | 6.1B | 5.6B | 5.9B | |
Retained Earnings | 7.2B | 7.5B | 8.7B | 10.4B | 10.2B | 10.7B | |
Cash | 1.1B | 2.0B | 1.5B | 958.1M | 2.0B | 2.1B | |
Non Current Assets Total | 19.0B | 46.9B | 45.4B | 44.4B | 42.7B | 44.9B | |
Non Currrent Assets Other | 311.9M | 383.9M | 397.3M | 465.7M | 749.1M | 786.5M | |
Cash And Short Term Investments | 1.1B | 2.0B | 1.5B | 958.1M | 2.4B | 1.6B | |
Net Receivables | 737.5M | 1.5B | 1.8B | 1.5B | 1.3B | 1.4B | |
Common Stock Shares Outstanding | 372.0M | 401.3M | 523.2M | 506.0M | 498.7M | 379.2M | |
Liabilities And Stockholders Equity | 21.5B | 52.3B | 50.3B | 48.8B | 48.2B | 50.6B | |
Non Current Liabilities Total | 8.1B | 11.6B | 11.4B | 10.0B | 10.1B | 10.6B | |
Inventory | 608.3M | 1.2B | 1.4B | 1.6B | 1.4B | 1.5B | |
Other Current Assets | 116.0M | 1.5B | 267.0M | 314.0M | 337.5M | 354.3M | |
Other Stockholder Equity | 4.9B | 30.6B | 27.9B | 25.3B | 25.1B | 26.3B | |
Total Liab | 9.5B | 14.3B | 13.8B | 13.2B | 13.1B | 13.7B | |
Property Plant And Equipment Gross | 1.1B | 2.0B | 2.4B | 6.6B | 7.6B | 8.0B | |
Total Current Assets | 2.5B | 5.4B | 4.9B | 4.4B | 5.5B | 5.8B | |
Accumulated Other Comprehensive Income | (249.5M) | (186.6M) | (198.2M) | (188.3M) | (185.3M) | (176.0M) | |
Short Term Debt | 39.9M | 569.2M | 53.6M | 1.1B | 947.4M | 994.7M | |
Intangible Assets | 3.7B | 15.3B | 13.3B | 11.3B | 9.6B | 10.1B | |
Accounts Payable | 227.3M | 443.4M | 582.2M | 493.0M | 487.5M | 511.8M | |
Current Deferred Revenue | (225.3M) | (39.9M) | (443.4M) | 1.5B | 1.7B | 1.8B | |
Common Stock Total Equity | 61.4M | 61.6M | 87.6M | 84.9M | 97.6M | 56.6M | |
Common Stock | 61.6M | 87.6M | 84.9M | 82.7M | 82.7M | 58.7M | |
Other Liab | 2.7B | 5.3B | 4.5B | 3.8B | 4.3B | 4.5B | |
Other Assets | 1.6B | 2.7B | 2.4B | 396.2M | 455.6M | 526.7M | |
Long Term Debt | 5.1B | 6.3B | 6.5B | 5.9B | 6.8B | 7.1B | |
Good Will | 12.3B | 12.3B | 26.9B | 26.9B | 26.9B | 28.3B | |
Property Plant Equipment | 1.1B | 2.0B | 2.7B | 3.5B | 4.0B | 4.2B | |
Net Tangible Assets | 12.0B | (4.2B) | (3.7B) | (2.7B) | (2.4B) | (2.3B) | |
Long Term Debt Total | 5.2B | 5.1B | 6.3B | 6.5B | 7.5B | 7.9B | |
Non Current Liabilities Other | 1.0B | 1.4B | 515.4M | 581M | 668.2M | 414.7M |
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When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' 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 Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Semiconductors & Semiconductor Equipment 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 Analog Devices. If investors know Analog 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 Analog Devices 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 (0.55) | Earnings Share 3.27 | Revenue Per Share 19.544 | Quarterly Revenue Growth (0.25) | Return On Assets 0.0286 |
The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' 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 Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' 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 Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' 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.