Resideo Intangible Assets vs Long Term Debt Analysis

REZI Stock  USD 25.36  0.40  1.60%   
Resideo Technologies financial indicator trend analysis is much more than just breaking down Resideo Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resideo Technologies is a good investment. Please check the relationship between Resideo Technologies Intangible Assets and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo 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 more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

Intangible Assets vs Long Term Debt

Intangible Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resideo Technologies Intangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Resideo Technologies' Intangible Assets and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Resideo Technologies, assuming nothing else is changed. The correlation between historical values of Resideo Technologies' Intangible Assets and Long Term Debt 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 Resideo Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Intangible Assets i.e., Resideo Technologies' Intangible Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

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

Long Term Debt

Long-term debt is a debt that Resideo Technologies has held for over one year. Long-term debt appears on Resideo Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Resideo Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Resideo Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resideo 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo 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 more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.As of now, Resideo Technologies' Selling General Administrative is increasing as compared to previous years. The Resideo Technologies' current Enterprise Value Over EBITDA is estimated to increase to 8.78, while Tax Provision is projected to decrease to under 85.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense48M58M107M112.4M
Depreciation And Amortization88M94M98M85.8M

Resideo Technologies fundamental ratios Correlations

0.890.750.68-0.030.64-0.230.69-0.060.580.580.790.860.640.70.790.880.69-0.70.70.860.730.720.70.970.88
0.890.910.91-0.360.84-0.520.820.140.840.840.860.960.770.660.860.980.72-0.850.920.980.940.930.920.880.99
0.750.910.9-0.510.82-0.470.610.010.820.830.810.830.950.730.810.850.6-0.720.910.890.970.930.910.760.91
0.680.910.9-0.710.93-0.720.640.40.940.990.80.830.810.690.80.880.7-0.860.990.90.940.990.990.670.92
-0.03-0.36-0.51-0.71-0.70.76-0.1-0.67-0.72-0.79-0.37-0.24-0.5-0.46-0.37-0.33-0.230.48-0.69-0.4-0.55-0.67-0.7-0.08-0.42
0.640.840.820.93-0.7-0.650.590.360.820.910.810.730.740.720.810.830.64-0.890.940.820.860.920.940.650.87
-0.23-0.52-0.47-0.720.76-0.65-0.48-0.65-0.86-0.78-0.24-0.56-0.28-0.2-0.24-0.56-0.450.66-0.71-0.6-0.62-0.65-0.72-0.24-0.48
0.690.820.610.64-0.10.59-0.480.090.670.590.630.850.350.290.630.780.53-0.730.680.80.720.660.670.70.77
-0.060.140.010.4-0.670.36-0.650.090.470.510.180.06-0.070.150.180.150.06-0.270.390.20.120.360.39-0.010.19
0.580.840.820.94-0.720.82-0.860.670.470.940.620.820.670.510.620.820.57-0.770.950.890.910.930.950.60.82
0.580.840.830.99-0.790.91-0.780.590.510.940.750.760.740.650.750.810.66-0.840.970.840.890.960.980.570.86
0.790.860.810.8-0.370.81-0.240.630.180.620.750.690.760.861.00.760.52-0.70.820.780.770.860.820.820.92
0.860.960.830.83-0.240.73-0.560.850.060.820.760.690.660.460.690.970.77-0.830.840.960.90.830.840.820.9
0.640.770.950.81-0.50.74-0.280.35-0.070.670.740.760.660.750.760.710.53-0.580.80.740.860.840.80.640.81
0.70.660.730.69-0.460.72-0.20.290.150.510.650.860.460.750.860.560.39-0.540.70.610.620.740.70.730.75
0.790.860.810.8-0.370.81-0.240.630.180.620.751.00.690.760.860.760.52-0.70.820.780.770.860.820.820.92
0.880.980.850.88-0.330.83-0.560.780.150.820.810.760.970.710.560.760.79-0.870.890.970.910.880.890.850.94
0.690.720.60.7-0.230.64-0.450.530.060.570.660.520.770.530.390.520.79-0.870.640.670.650.630.650.520.66
-0.7-0.85-0.72-0.860.48-0.890.66-0.73-0.27-0.77-0.84-0.7-0.83-0.58-0.54-0.7-0.87-0.87-0.85-0.81-0.81-0.81-0.85-0.62-0.82
0.70.920.910.99-0.690.94-0.710.680.390.950.970.820.840.80.70.820.890.64-0.850.930.950.991.00.720.94
0.860.980.890.9-0.40.82-0.60.80.20.890.840.780.960.740.610.780.970.67-0.810.930.940.920.920.870.96
0.730.940.970.94-0.550.86-0.620.720.120.910.890.770.90.860.620.770.910.65-0.810.950.940.950.950.740.93
0.720.930.930.99-0.670.92-0.650.660.360.930.960.860.830.840.740.860.880.63-0.810.990.920.950.990.740.95
0.70.920.910.99-0.70.94-0.720.670.390.950.980.820.840.80.70.820.890.65-0.851.00.920.950.990.710.93
0.970.880.760.67-0.080.65-0.240.7-0.010.60.570.820.820.640.730.820.850.52-0.620.720.870.740.740.710.89
0.880.990.910.92-0.420.87-0.480.770.190.820.860.920.90.810.750.920.940.66-0.820.940.960.930.950.930.89
Click cells to compare fundamentals

Resideo Technologies Account Relationship Matchups

Resideo Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding123.2M126.3M148.4M149M148M145.2M
Total Assets5.1B5.6B5.9B6.4B6.6B6.0B
Other Current Liab552M595M601M640M535M430.7M
Total Current Liabilities1.5B1.5B1.5B1.5B1.5B1.6B
Total Stockholder Equity1.6B2.0B2.3B2.5B2.7B2.5B
Other Liab763M817M887M742M853.3M792.2M
Net Tangible Assets(1.2B)(108M)176M(670M)(603M)(633.2M)
Property Plant And Equipment Net316M318M287M366M582M370.6M
Net Debt1.1B645M451M1.1B977M694.9M
Accounts Payable920M936M883M894M905M937.9M
Cash122M517M779M326M636M377.9M
Non Current Assets Total3.3B3.4B3.3B3.9B3.9B3.7B
Non Currrent Assets Other258M376M364M320M144M208.9M
Other Assets121M108M364M107M123.1M133.9M
Cash And Short Term Investments122M517M779M326M636M377.9M
Net Receivables817M863M876M1.0B973M947.9M
Good Will2.6B2.7B2.7B2.7B2.7B2.9B
Liabilities And Stockholders Equity5.1B5.6B5.9B6.4B6.6B6.0B
Non Current Liabilities Total2.0B2.1B2.1B2.3B2.4B1.9B
Inventory671M672M740M975M941M760.0M
Other Current Assets175M173M146M199M193M151.3M
Other Stockholder Equity1.8B2.1B2.1B2.1B2.1B1.8B
Total Liab3.5B3.6B3.6B3.9B3.9B3.5B
Property Plant And Equipment Gross316M318M1.1B1.0B1.1B638.1M
Total Current Assets1.8B2.2B2.5B2.5B2.7B2.2B
Accumulated Other Comprehensive Income(189M)(194M)(146M)(165M)(212M)(203.7M)
Non Current Liabilities Other280M334M302M328M366M308.6M
Intangible Assets127M135M120M475M461M237.9M
Property Plant Equipment453M318M287M366M420.9M353.6M
Net Invested Capital2.8B3.2B3.5B3.9B4.2B3.6B
Net Working Capital291M687M1.0B956M1.2B748.6M
Short Long Term Debt Total1.2B1.2B1.2B1.4B1.6B1.4B
Retained Earnings38M75M317M600M810M850.5M
Long Term Debt1.2B1.2B1.2B1.4B1.4B1.4B
Retained Earnings Total Equity38M75M317M600M690M724.5M
Long Term Debt Total1.2B1.2B1.2B1.4B1.6B1.3B
Capital Surpluse1.8B2.1B2.1B2.2B2.5B2.2B

Currently Active Assets on Macroaxis

When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' 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 Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo 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 more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Building Products 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 Resideo Technologies. If investors know Resideo 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 Resideo 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
(0.50)
Earnings Share
1.09
Revenue Per Share
44.034
Quarterly Revenue Growth
0.176
Return On Assets
0.0496
The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo 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 Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo 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 Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo 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.