Koninklijke Intangible Assets vs Good Will Analysis

PHG Stock  USD 25.74  0.22  0.85%   
Koninklijke Philips financial indicator trend analysis is infinitely more than just investigating Koninklijke Philips recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koninklijke Philips is a good investment. Please check the relationship between Koninklijke Philips Intangible Assets and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Koninklijke Philips Intangible Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Koninklijke Philips' Intangible Assets and Good Will is 0.72. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Koninklijke Philips NV, assuming nothing else is changed. The correlation between historical values of Koninklijke Philips' Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Koninklijke Philips NV are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., Koninklijke Philips' Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Koninklijke Philips' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koninklijke Philips 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
The Koninklijke Philips' current Sales General And Administrative To Revenue is estimated to increase to 0.04, while Selling General Administrative is projected to decrease to roughly 577.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense188M258M306M290.7M
Depreciation And Amortization1.3B1.6B1.3B1.2B

Koninklijke Philips fundamental ratios Correlations

-0.280.590.380.75-0.5-0.210.380.360.85-0.550.35-0.05-0.30.74-0.180.140.450.80.2-0.590.670.6-0.64-0.29-0.67
-0.28-0.36-0.22-0.420.670.89-0.84-0.55-0.190.73-0.590.250.080.290.720.720.42-0.03-0.10.74-0.74-0.850.710.520.69
0.59-0.360.380.39-0.6-0.40.190.280.52-0.660.290.03-0.510.5-0.32-0.010.160.520.24-0.540.540.44-0.61-0.85-0.53
0.38-0.220.38-0.18-0.1-0.370.190.310.03-0.010.310.64-0.110.270.26-0.360.080.70.880.040.220.52-0.09-0.17-0.15
0.75-0.420.39-0.18-0.72-0.320.480.290.89-0.760.3-0.56-0.440.39-0.590.190.090.21-0.34-0.820.810.55-0.83-0.33-0.77
-0.50.67-0.6-0.1-0.720.68-0.42-0.28-0.670.93-0.320.450.65-0.140.820.120.33-0.080.140.87-0.9-0.730.950.710.78
-0.210.89-0.4-0.37-0.320.68-0.78-0.67-0.170.66-0.70.150.330.230.630.610.44-0.02-0.260.68-0.74-0.860.690.510.71
0.38-0.840.190.190.48-0.42-0.780.730.22-0.510.74-0.250.03-0.17-0.45-0.57-0.210.130.16-0.640.660.79-0.57-0.16-0.7
0.36-0.550.280.310.29-0.28-0.670.730.15-0.40.99-0.160.010.01-0.31-0.270.00.280.3-0.460.460.64-0.44-0.17-0.63
0.85-0.190.520.030.89-0.67-0.170.220.15-0.680.15-0.39-0.610.7-0.350.370.310.46-0.23-0.720.760.46-0.77-0.34-0.71
-0.550.73-0.66-0.01-0.760.930.66-0.51-0.4-0.68-0.430.490.51-0.160.850.150.15-0.130.230.94-0.89-0.720.970.760.85
0.35-0.590.290.310.3-0.32-0.70.740.990.15-0.43-0.190.02-0.05-0.36-0.3-0.070.250.28-0.480.480.66-0.47-0.2-0.61
-0.050.250.030.64-0.560.450.15-0.25-0.16-0.390.49-0.190.190.10.55-0.180.320.380.790.57-0.41-0.110.480.090.43
-0.30.08-0.51-0.11-0.440.650.330.030.01-0.610.510.020.19-0.420.26-0.370.0-0.050.090.51-0.59-0.320.610.450.5
0.740.290.50.270.39-0.140.23-0.170.010.7-0.16-0.050.1-0.420.260.560.740.770.15-0.220.240.09-0.26-0.09-0.33
-0.180.72-0.320.26-0.590.820.63-0.45-0.31-0.350.85-0.360.550.260.260.280.460.280.370.76-0.68-0.540.780.650.62
0.140.72-0.01-0.360.190.120.61-0.57-0.270.370.15-0.3-0.18-0.370.560.280.510.06-0.340.13-0.19-0.470.090.230.15
0.450.420.160.080.090.330.44-0.210.00.310.15-0.070.320.00.740.460.510.60.120.06-0.17-0.190.110.23-0.03
0.8-0.030.520.70.21-0.08-0.020.130.280.46-0.130.250.38-0.050.770.280.060.60.57-0.150.260.39-0.21-0.11-0.32
0.2-0.10.240.88-0.340.14-0.260.160.3-0.230.230.280.790.090.150.37-0.340.120.570.25-0.050.330.16-0.030.03
-0.590.74-0.540.04-0.820.870.68-0.64-0.46-0.720.94-0.480.570.51-0.220.760.130.06-0.150.25-0.92-0.750.960.550.93
0.67-0.740.540.220.81-0.9-0.740.660.460.76-0.890.48-0.41-0.590.24-0.68-0.19-0.170.26-0.05-0.920.88-0.96-0.54-0.92
0.6-0.850.440.520.55-0.73-0.860.790.640.46-0.720.66-0.11-0.320.09-0.54-0.47-0.190.390.33-0.750.88-0.8-0.42-0.83
-0.640.71-0.61-0.09-0.830.950.69-0.57-0.44-0.770.97-0.470.480.61-0.260.780.090.11-0.210.160.96-0.96-0.80.640.92
-0.290.52-0.85-0.17-0.330.710.51-0.16-0.17-0.340.76-0.20.090.45-0.090.650.230.23-0.11-0.030.55-0.54-0.420.640.46
-0.670.69-0.53-0.15-0.770.780.71-0.7-0.63-0.710.85-0.610.430.5-0.330.620.15-0.03-0.320.030.93-0.92-0.830.920.46
Click cells to compare fundamentals

Koninklijke Philips Account Relationship Matchups

Koninklijke Philips fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0B27.7B31.0B30.7B29.4B31.5B
Short Long Term Debt Total5.4B6.9B7.0B8.2B7.6B4.8B
Other Current Liab3.2B4.3B4.9B5.0B3.9B3.8B
Total Current Liabilities6.9B7.7B7.5B7.9B8.3B7.3B
Total Stockholder Equity12.6B11.9B14.4B13.2B12.0B13.3B
Property Plant And Equipment Net2.9B2.7B2.7B2.6B2.5B3.9B
Net Debt4.0B3.7B4.7B7.0B5.7B6.0B
Retained Earnings8.3B7.8B9.3B6.8B5.4B10.7B
Cash1.4B3.2B2.3B1.2B1.9B2.8B
Non Currrent Assets Other226M303M355M381M290M275.5M
Cash And Short Term Investments1.4B3.2B2.3B1.2B1.9B2.8B
Net Receivables4.7B4.6B4.3B4.4B4.3B4.3B
Common Stock Shares Outstanding972.8M957.6M950.3M881.6M958.5M1.2B
Liabilities And Stockholders Equity27.0B27.7B31.0B30.7B29.4B31.5B
Non Current Liabilities Total7.4B8.1B9.0B9.5B9.1B8.0B
Inventory2.8B3.0B3.5B4.0B3.5B3.2B
Other Current Assets477M851M743M903M735M475.8M
Other Stockholder Equity3.5B4.2B4.2B4.8B5.6B5.8B
Total Liab14.4B15.8B16.5B17.4B17.3B18.0B
Total Current Assets9.4B11.2B10.3B10.3B9.9B10.2B
Short Term Debt508M1.2B506M931M652M619.4M
Intangible Assets3.5B3.0B3.7B3.5B3.2B3.0B
Accounts Payable2.1B2.1B1.9B2.0B1.9B2.3B
Common Stock179M182M177M178M183M294.2M
Current Deferred Revenue1.2B1.2B1.5B1.7B1.8B1.9B
Short Term Investments436M1M0.011M3M2.9M
Accumulated Other Comprehensive Income652M(340M)748M1.5B879M835.1M
Other Liab2.5B2.4B2.6B2.2B2.5B4.1B
Other Assets2.9B2.7B2.7B1M2.3B2.5B
Long Term Debt3.8B5.7B6.5B7.3B6.1B5.1B
Good Will8.7B8.0B10.6B10.2B9.9B7.2B
Property Plant Equipment2.9B2.7B2.7B2.6B2.4B3.3B
Property Plant And Equipment Gross2.9B2.7B6.0B6.2B7.2B3.7B
Treasury Stock(399M)(201M)(199M)(476M)(547.4M)(574.8M)
Deferred Long Term Liab592M621M598M393M353.7M515.0M
Long Term Investments481M670M1.1B1.2B1B825.7M
Short Long Term Debt110M1.2B506M931M654M804.8M
Net Tangible Assets1.1B1.5B151M(122M)(109.8M)(104.3M)

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When determining whether Koninklijke Philips is a strong investment it is important to analyze Koninklijke Philips' 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 Koninklijke Philips' future performance. For an informed investment choice regarding Koninklijke Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Health Care Equipment & Supplies 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 Koninklijke Philips. If investors know Koninklijke 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 Koninklijke Philips 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
1.069
Earnings Share
(0.51)
Revenue Per Share
19.75
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0136
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' 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 Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' 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 Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.