Resideo Short Long Term Debt vs Net Tangible Assets 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 Short Long Term Debt and its Net Tangible Assets 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.
Short Long Term Debt vs Net Tangible Assets
Short Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resideo Technologies Short Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Resideo Technologies' Short Long Term Debt and Net Tangible Assets is -0.93. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Tangible Assets 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' Short Long Term Debt and Net Tangible 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 Short Long Term Debt of Resideo Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Long Term Debt i.e., Resideo Technologies' Short Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Expense | 48M | 58M | 107M | 112.4M | Depreciation And Amortization | 88M | 94M | 98M | 85.8M |
Resideo Technologies fundamental ratios Correlations
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Resideo Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Resideo Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 123.2M | 126.3M | 148.4M | 149M | 148M | 145.2M | |
Total Assets | 5.1B | 5.6B | 5.9B | 6.4B | 6.6B | 6.0B | |
Other Current Liab | 552M | 595M | 601M | 640M | 535M | 430.7M | |
Total Current Liabilities | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.6B | |
Total Stockholder Equity | 1.6B | 2.0B | 2.3B | 2.5B | 2.7B | 2.5B | |
Other Liab | 763M | 817M | 887M | 742M | 853.3M | 792.2M | |
Net Tangible Assets | (1.2B) | (108M) | 176M | (670M) | (603M) | (633.2M) | |
Property Plant And Equipment Net | 316M | 318M | 287M | 366M | 582M | 370.6M | |
Net Debt | 1.1B | 645M | 451M | 1.1B | 977M | 694.9M | |
Accounts Payable | 920M | 936M | 883M | 894M | 905M | 937.9M | |
Cash | 122M | 517M | 779M | 326M | 636M | 377.9M | |
Non Current Assets Total | 3.3B | 3.4B | 3.3B | 3.9B | 3.9B | 3.7B | |
Non Currrent Assets Other | 258M | 376M | 364M | 320M | 144M | 208.9M | |
Other Assets | 121M | 108M | 364M | 107M | 123.1M | 133.9M | |
Cash And Short Term Investments | 122M | 517M | 779M | 326M | 636M | 377.9M | |
Net Receivables | 817M | 863M | 876M | 1.0B | 973M | 947.9M | |
Good Will | 2.6B | 2.7B | 2.7B | 2.7B | 2.7B | 2.9B | |
Liabilities And Stockholders Equity | 5.1B | 5.6B | 5.9B | 6.4B | 6.6B | 6.0B | |
Non Current Liabilities Total | 2.0B | 2.1B | 2.1B | 2.3B | 2.4B | 1.9B | |
Inventory | 671M | 672M | 740M | 975M | 941M | 760.0M | |
Other Current Assets | 175M | 173M | 146M | 199M | 193M | 151.3M | |
Other Stockholder Equity | 1.8B | 2.1B | 2.1B | 2.1B | 2.1B | 1.8B | |
Total Liab | 3.5B | 3.6B | 3.6B | 3.9B | 3.9B | 3.5B | |
Property Plant And Equipment Gross | 316M | 318M | 1.1B | 1.0B | 1.1B | 638.1M | |
Total Current Assets | 1.8B | 2.2B | 2.5B | 2.5B | 2.7B | 2.2B | |
Accumulated Other Comprehensive Income | (189M) | (194M) | (146M) | (165M) | (212M) | (203.7M) | |
Non Current Liabilities Other | 280M | 334M | 302M | 328M | 366M | 308.6M | |
Intangible Assets | 127M | 135M | 120M | 475M | 461M | 237.9M | |
Property Plant Equipment | 453M | 318M | 287M | 366M | 420.9M | 353.6M | |
Net Invested Capital | 2.8B | 3.2B | 3.5B | 3.9B | 4.2B | 3.6B | |
Net Working Capital | 291M | 687M | 1.0B | 956M | 1.2B | 748.6M | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.2B | 1.4B | 1.6B | 1.4B | |
Retained Earnings | 38M | 75M | 317M | 600M | 810M | 850.5M | |
Long Term Debt | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | 1.4B | |
Retained Earnings Total Equity | 38M | 75M | 317M | 600M | 690M | 724.5M | |
Long Term Debt Total | 1.2B | 1.2B | 1.2B | 1.4B | 1.6B | 1.3B | |
Capital Surpluse | 1.8B | 2.1B | 2.1B | 2.2B | 2.5B | 2.2B |
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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.