Alphabet Net Debt vs Total Assets Analysis

GOOGL Stock

USD 195.60 0.51 0.26%

Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class A is a good investment. Please check the relationship between Alphabet Net Debt and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class A Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Alphabet's Net Debt and Total Assets is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Alphabet Inc Class A, assuming nothing else is changed. The correlation between historical values of Alphabet's Net Debt and Total 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 Net Debt of Alphabet Inc Class A are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Alphabet's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Assets

Total assets refers to the total amount of Alphabet 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 Alphabet Class A 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.

Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class A 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 Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Alphabet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.09 this year, although the value of Tax Provision will most likely fall to about 9.5 B.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	68.0B	81.8B	89.8B	94.3B
Cost Of Revenue	110.9B	126.2B	133.3B	140.0B

Total Operating Expenses Cost Of Revenue

Alphabet fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Other Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.43	0.48	0.2	-0.02	0.34	0.3	0.28	0.32	0.46	0.29	0.32	-0.22	0.46	0.39	0.66	0.32	0.28	0.29	0.62	0.35	0.49	0.58	0.36	0.32	0.23
Total Assets	0.43		1.0	0.76	-0.26	0.99	0.92	0.95	0.98	0.85	0.98	0.97	0.68	1.0	0.97	0.67	0.98	0.87	0.8	0.76	0.99	0.99	0.74	0.97	0.92	0.93
Total Stockholder Equity	0.48	1.0		0.75	-0.27	0.97	0.9	0.94	0.97	0.87	0.97	0.96	0.64	1.0	0.96	0.68	0.97	0.87	0.78	0.78	0.98	0.99	0.76	0.95	0.91	0.92
Other Assets	0.2	0.76	0.75		-0.34	0.76	0.73	0.76	0.81	0.47	0.82	0.83	0.59	0.74	0.73	0.4	0.83	0.9	0.46	0.27	0.8	0.8	0.24	0.63	0.86	0.88
Other Stockholder Equity	-0.02	-0.26	-0.27	-0.34		-0.25	-0.17	-0.35	-0.31	-0.18	-0.31	-0.26	-0.09	-0.25	-0.39	0.02	-0.31	-0.47	0.04	0.08	-0.32	-0.31	0.08	-0.13	-0.49	-0.5
Total Liab	0.34	0.99	0.97	0.76	-0.25		0.94	0.97	0.99	0.81	0.99	0.98	0.76	0.97	0.97	0.65	0.99	0.88	0.84	0.72	0.99	0.97	0.69	0.98	0.91	0.93
Short Long Term Debt Total	0.3	0.92	0.9	0.73	-0.17	0.94		0.85	0.92	0.76	0.92	0.93	0.8	0.89	0.87	0.56	0.92	0.83	0.83	0.66	0.93	0.9	0.64	0.94	0.83	0.86
Other Current Liab	0.28	0.95	0.94	0.76	-0.35	0.97	0.85		0.98	0.71	0.98	0.96	0.73	0.93	0.95	0.63	0.97	0.89	0.78	0.62	0.97	0.94	0.58	0.92	0.93	0.95
Total Current Liabilities	0.32	0.98	0.97	0.81	-0.31	0.99	0.92	0.98		0.77	1.0	0.99	0.75	0.96	0.97	0.63	1.0	0.92	0.8	0.65	0.99	0.97	0.62	0.95	0.94	0.97
Other Liab	0.46	0.85	0.87	0.47	-0.18	0.81	0.76	0.71	0.77		0.78	0.75	0.44	0.87	0.84	0.53	0.77	0.59	0.66	0.87	0.8	0.83	0.89	0.86	0.65	0.69
Property Plant And Equipment Net	0.29	0.98	0.97	0.82	-0.31	0.99	0.92	0.98	1.0	0.78		0.98	0.77	0.97	0.96	0.59	1.0	0.91	0.78	0.65	0.99	0.97	0.63	0.94	0.94	0.97
Current Deferred Revenue	0.32	0.97	0.96	0.83	-0.26	0.98	0.93	0.96	0.99	0.75	0.98		0.77	0.95	0.94	0.6	0.99	0.92	0.8	0.62	0.99	0.97	0.6	0.93	0.95	0.95
Net Debt	-0.22	0.68	0.64	0.59	-0.09	0.76	0.8	0.73	0.75	0.44	0.77	0.77		0.64	0.63	0.18	0.75	0.65	0.71	0.31	0.74	0.64	0.32	0.74	0.68	0.73
Retained Earnings	0.46	1.0	1.0	0.74	-0.25	0.97	0.89	0.93	0.96	0.87	0.97	0.95	0.64		0.96	0.67	0.97	0.86	0.78	0.78	0.98	0.99	0.77	0.95	0.91	0.91
Accounts Payable	0.39	0.97	0.96	0.73	-0.39	0.97	0.87	0.95	0.97	0.84	0.96	0.94	0.63	0.96		0.65	0.96	0.86	0.72	0.71	0.97	0.96	0.69	0.93	0.9	0.93
Cash	0.66	0.67	0.68	0.4	0.02	0.65	0.56	0.63	0.63	0.53	0.59	0.6	0.18	0.67	0.65		0.61	0.51	0.73	0.78	0.62	0.67	0.7	0.67	0.53	0.49
Non Current Assets Total	0.32	0.98	0.97	0.83	-0.31	0.99	0.92	0.97	1.0	0.77	1.0	0.99	0.75	0.97	0.96	0.61		0.93	0.77	0.64	1.0	0.98	0.62	0.93	0.96	0.97
Non Currrent Assets Other	0.28	0.87	0.87	0.9	-0.47	0.88	0.83	0.89	0.92	0.59	0.91	0.92	0.65	0.86	0.86	0.51	0.93		0.62	0.41	0.92	0.9	0.37	0.77	0.97	0.96
Long Term Debt	0.29	0.8	0.78	0.46	0.04	0.84	0.83	0.78	0.8	0.66	0.78	0.8	0.71	0.78	0.72	0.73	0.77	0.62		0.77	0.78	0.76	0.74	0.89	0.67	0.66
Cash And Short Term Investments	0.62	0.76	0.78	0.27	0.08	0.72	0.66	0.62	0.65	0.87	0.65	0.62	0.31	0.78	0.71	0.78	0.64	0.41	0.77		0.68	0.73	0.99	0.81	0.49	0.49
Net Receivables	0.35	0.99	0.98	0.8	-0.32	0.99	0.93	0.97	0.99	0.8	0.99	0.99	0.74	0.98	0.97	0.62	1.0	0.92	0.78	0.68		0.99	0.65	0.95	0.95	0.96
Common Stock Total Equity	0.49	0.99	0.99	0.8	-0.31	0.97	0.9	0.94	0.97	0.83	0.97	0.97	0.64	0.99	0.96	0.67	0.98	0.9	0.76	0.73	0.99		0.7	0.93	0.94	0.94
Short Term Investments	0.58	0.74	0.76	0.24	0.08	0.69	0.64	0.58	0.62	0.89	0.63	0.6	0.32	0.77	0.69	0.7	0.62	0.37	0.74	0.99	0.65	0.7		0.79	0.46	0.47
Non Current Liabilities Total	0.36	0.97	0.95	0.63	-0.13	0.98	0.94	0.92	0.95	0.86	0.94	0.93	0.74	0.95	0.93	0.67	0.93	0.77	0.89	0.81	0.95	0.93	0.79		0.82	0.85
Other Current Assets	0.32	0.92	0.91	0.86	-0.49	0.91	0.83	0.93	0.94	0.65	0.94	0.95	0.68	0.91	0.9	0.53	0.96	0.97	0.67	0.49	0.95	0.94	0.46	0.82		0.98
Property Plant And Equipment Gross	0.23	0.93	0.92	0.88	-0.5	0.93	0.86	0.95	0.97	0.69	0.97	0.95	0.73	0.91	0.93	0.49	0.97	0.96	0.66	0.49	0.96	0.94	0.47	0.85	0.98

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Alphabet Account Relationship Matchups

Alphabet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	14.0B	13.7B	13.6B	13.2B	12.7B	13.5B
Total Assets	275.9B	319.6B	359.3B	365.3B	402.4B	422.5B
Total Stockholder Equity	201.4B	222.5B	251.6B	256.1B	283.4B	297.5B
Other Assets	3.1B	5.0B	1M	11.9B	13.7B	14.3B
Liabilities And Stockholders Equity	275.9B	319.6B	359.3B	365.3B	402.4B	422.5B
Other Stockholder Equity	(1.2B)	633M	(1.6B)	68.2B	(63.7B)	(60.5B)
Total Liab	74.5B	97.1B	107.6B	109.1B	119.0B	125.0B
Short Long Term Debt Total	14.8B	25.1B	26.2B	29.7B	28.5B	29.9B
Other Current Liab	36.6B	45.5B	51.9B	48.5B	64.6B	67.9B
Total Current Liabilities	45.2B	56.8B	64.3B	69.3B	81.8B	85.9B
Other Liab	14.5B	15.2B	17.2B	12.6B	14.5B	15.2B
Property Plant And Equipment Net	84.6B	97.0B	110.6B	127.0B	148.4B	155.9B
Current Deferred Revenue	1.9B	2.5B	3.3B	3.9B	4.1B	4.3B
Net Debt	(3.7B)	(1.4B)	5.3B	7.8B	4.5B	4.7B
Retained Earnings	152.1B	163.4B	191.5B	195.6B	211.2B	221.8B
Accounts Payable	5.6B	5.6B	6.0B	5.1B	7.5B	7.9B
Cash	18.5B	26.5B	20.9B	21.9B	24.0B	13.9B
Non Current Assets Total	123.3B	145.3B	171.1B	200.5B	230.9B	242.4B
Non Currrent Assets Other	2.3B	4.0B	5.4B	6.6B	10.1B	10.6B
Long Term Debt	4.0B	13.9B	14.8B	12.9B	11.9B	6.1B
Cash And Short Term Investments	119.7B	136.7B	139.6B	113.8B	110.9B	65.9B
Net Receivables	27.5B	31.4B	39.3B	40.3B	48.0B	50.4B
Common Stock Total Equity	50.6B	58.5B	61.8B	68.2B	78.4B	82.3B
Short Term Investments	101.2B	110.2B	118.7B	91.9B	86.9B	52.1B
Non Current Liabilities Total	29.2B	40.2B	43.4B	39.8B	37.2B	39.1B
Other Current Assets	4.4B	5.5B	8.0B	8.1B	12.7B	13.3B
Property Plant And Equipment Gross	84.6B	97.0B	110.6B	127.0B	215.9B	226.7B
Total Current Assets	152.6B	174.3B	188.1B	164.8B	171.5B	180.1B
Accumulated Other Comprehensive Income	(1.2B)	633M	(1.6B)	(7.6B)	(4.4B)	(4.2B)
Short Term Debt	1.2B	1.7B	2.2B	2.5B	2.8B	2.6B
Intangible Assets	2.0B	1.4B	1.4B	2.1B	2.4B	2.2B
Common Stock	50.6B	58.5B	61.8B	68.2B	76.5B	80.4B
Property Plant Equipment	84.6B	84.7B	97.6B	112.7B	129.6B	136.0B
Good Will	20.6B	21.2B	23.0B	29.0B	29.2B	30.7B
Inventory	999M	728M	1.2B	2.7B	3.1B	3.2B
Net Tangible Assets	178.8B	199.9B	227.3B	225.1B	258.9B	174.2B
Deferred Long Term Liab	1.7B	3.6B	5.3B	514M	591.1M	561.5M
Long Term Investments	13.1B	20.7B	29.5B	30.5B	31.0B	17.7B
Retained Earnings Total Equity	152.1B	163.4B	191.5B	195.6B	224.9B	157.4B

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When determining whether Alphabet Class A is a strong investment it is important to analyze Alphabet's 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 Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:

How To Invest In Alphabet

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Is Alphabet Stock a good investment?

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What is Alphabet's Net Worth?

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Largest Interactive Media & Services Companies

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Largest Internet Content & Information Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Is Interactive Media & 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 Alphabet. If investors know Alphabet 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 Alphabet 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

0.366

Dividend Share

0.4

Earnings Share

7.53

Revenue Per Share

27.443

Quarterly Revenue Growth

0.151

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

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Alphabet Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

Alphabet fundamental ratios Correlations

Alphabet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alphabet fundamental ratios Accounts

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.5	Other Stockholder Equity
Other Current Assets	- 0.49	Other Stockholder Equity
Non Currrent Assets Other	- 0.47	Other Stockholder Equity
Accounts Payable	- 0.39	Other Stockholder Equity
Other Current Liab	- 0.35	Other Stockholder Equity
Other Stockholder Equity	- 0.34	Other Assets