Agilent Total Current Assets vs Retained Earnings Analysis

A Stock  USD 137.95  1.88  1.38%   
Agilent Technologies financial indicator trend analysis is way more than just evaluating Agilent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilent Technologies is a good investment. Please check the relationship between Agilent Technologies Total Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent 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 information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agilent Technologies' Total Current Assets and Retained Earnings is 0.54. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Agilent Technologies, assuming nothing else is changed. The correlation between historical values of Agilent Technologies' Total Current Assets and Retained Earnings 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 Current Assets of Agilent Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Agilent Technologies' Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Agilent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilent 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent 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 information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.At present, Agilent Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.35, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2023 2024 2025 2026 (projected)
Interest Expense96M112M100.8M95.8M
Depreciation And Amortization257M288M259.2M250.4M

Agilent Technologies fundamental ratios Correlations

0.080.690.980.60.650.960.620.57-0.80.910.110.060.250.980.630.510.95-0.29-0.290.96-0.030.72-0.040.010.72
0.080.670.050.60.660.10.440.670.4-0.150.890.590.290.110.30.00.27-0.16-0.16-0.07-0.20.17-0.17-0.450.46
0.690.670.650.760.830.720.740.8-0.30.440.530.270.450.690.540.230.75-0.4-0.40.58-0.170.61-0.27-0.350.79
0.980.050.650.630.610.930.630.59-0.80.830.090.00.320.920.660.460.96-0.36-0.360.93-0.180.68-0.1-0.010.69
0.60.60.760.630.810.590.510.82-0.20.340.650.440.410.540.690.260.78-0.34-0.330.49-0.520.51-0.19-0.320.66
0.650.660.830.610.810.650.560.89-0.230.50.710.480.340.660.570.390.77-0.29-0.280.56-0.240.55-0.16-0.30.7
0.960.10.720.930.590.650.630.65-0.820.850.06-0.10.410.940.610.290.92-0.46-0.450.94-0.090.81-0.23-0.210.8
0.620.440.740.630.510.560.630.62-0.420.350.250.090.480.580.560.10.67-0.46-0.460.48-0.110.55-0.32-0.310.69
0.570.670.80.590.820.890.650.62-0.270.340.670.280.620.540.630.10.75-0.56-0.560.48-0.480.64-0.44-0.580.78
-0.80.4-0.3-0.8-0.2-0.23-0.82-0.42-0.27-0.780.420.38-0.31-0.76-0.53-0.16-0.680.430.43-0.870.06-0.740.210.05-0.54
0.91-0.150.440.830.340.50.850.350.34-0.78-0.060.01-0.010.940.370.60.78-0.07-0.070.940.240.590.150.210.52
0.110.890.530.090.650.710.060.250.670.42-0.060.760.130.120.30.250.320.00.0-0.04-0.270.080.0-0.270.29
0.060.590.270.00.440.48-0.10.090.280.380.010.76-0.340.110.280.410.180.440.44-0.03-0.070.00.450.040.05
0.250.290.450.320.410.340.410.480.62-0.31-0.010.13-0.340.170.46-0.420.36-0.99-0.980.2-0.460.51-0.96-0.660.53
0.980.110.690.920.540.660.940.580.54-0.760.940.120.110.170.570.520.91-0.22-0.220.960.110.720.020.020.71
0.630.30.540.660.690.570.610.560.63-0.530.370.30.280.460.570.00.74-0.45-0.470.58-0.440.8-0.28-0.440.75
0.510.00.230.460.260.390.290.10.1-0.160.60.250.41-0.420.520.00.430.410.410.470.23-0.110.540.730.02
0.950.270.750.960.780.770.920.670.75-0.680.780.320.180.360.910.740.43-0.37-0.370.88-0.240.73-0.13-0.160.77
-0.29-0.16-0.4-0.36-0.34-0.29-0.46-0.46-0.560.43-0.070.00.44-0.99-0.22-0.450.41-0.371.0-0.280.42-0.560.960.62-0.53
-0.29-0.16-0.4-0.36-0.33-0.28-0.45-0.46-0.560.43-0.070.00.44-0.98-0.22-0.470.41-0.371.0-0.280.42-0.570.960.62-0.53
0.96-0.070.580.930.490.560.940.480.48-0.870.94-0.04-0.030.20.960.580.470.88-0.28-0.28-0.030.76-0.030.030.68
-0.03-0.2-0.17-0.18-0.52-0.24-0.09-0.11-0.480.060.24-0.27-0.07-0.460.11-0.440.23-0.240.420.42-0.03-0.250.360.45-0.25
0.720.170.610.680.510.550.810.550.64-0.740.590.080.00.510.720.8-0.110.73-0.56-0.570.76-0.25-0.4-0.570.84
-0.04-0.17-0.27-0.1-0.19-0.16-0.23-0.32-0.440.210.150.00.45-0.960.02-0.280.54-0.130.960.96-0.030.36-0.40.64-0.36
0.01-0.45-0.35-0.01-0.32-0.3-0.21-0.31-0.580.050.21-0.270.04-0.660.02-0.440.73-0.160.620.620.030.45-0.570.64-0.5
0.720.460.790.690.660.70.80.690.78-0.540.520.290.050.530.710.750.020.77-0.53-0.530.68-0.250.84-0.36-0.5
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Agilent Technologies Account Relationship Matchups

Agilent Technologies fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets10.5B10.8B11.8B12.7B14.6B9.6B
Other Current Liab784M634M724M849M764.1M640.2M
Total Current Liabilities1.9B1.6B1.9B2.3B2.1B1.4B
Total Stockholder Equity5.3B5.8B5.9B6.7B7.8B4.9B
Property Plant And Equipment Net1.1B1.3B2.0B2.0B1.8B915.8M
Accounts Payable580M418M540M570M513M337.2M
Non Current Assets Total6.8B6.6B7.9B8.1B9.4B4.9B
Non Currrent Assets Other686M424M297M1.1B953.1M615.8M
Net Receivables1.4B1.3B1.3B1.5B1.3B811.3M
Common Stock Shares Outstanding300M296M291M284M255.6M299.7M
Liabilities And Stockholders Equity10.5B10.8B11.8B12.7B14.6B9.6B
Non Current Liabilities Total3.4B3.3B4.1B3.6B4.2B2.8B
Inventory1.0B1.0B991M1.0B922.5M742.3M
Other Current Assets282M274M315M293M263.7M323.5M
Other Stockholder Equity5.3B5.4B5.5B5.6B6.4B3.3B
Total Liab5.2B4.9B5.9B6.0B6.9B4.7B
Property Plant And Equipment Gross2.2B2.5B3.1B3.4B4.0B4.2B
Total Current Assets3.8B4.2B4.0B4.6B4.1B3.4B
Accumulated Other Comprehensive Income(347M)(327M)(305M)(226M)(203.4M)(213.6M)
Current Deferred Revenue461M505M544M624M717.6M381.2M
Other Liab876M879M633M462M531.3M776.8M
Net Debt1.7B1.1B2.2B1.6B1.8B1.9B
Retained Earnings324M782M750M1.4B1.6B2.0B
Cash1.1B1.6B1.3B1.8B1.6B1.6B
Other Assets670M554M730M873M785.7M642.2M
Cash And Short Term Investments1.1B1.6B1.3B1.8B1.6B1.6B
Good Will4.0B4.0B4.5B4.5B5.1B5.4B
Short Term Debt36M46M87M304M273.6M179.1M
Intangible Assets981M821M475M547M511.8M644.6M
Property Plant Equipment1.1B1.4B2.0B2.2B2.0B2.1B
Long Term Debt2.7B2.7B3.3B3.1B3.5B2.4B
Long Term Debt Total2.7B2.7B3.3B3.1B3.5B2.4B
Net Tangible Assets440M433M516M1.4B1.3B953.5M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent 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 information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Life Sciences Tools & 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 Agilent Technologies. If investors know Agilent 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 Agilent 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
0.245
Dividend Share
0.992
Earnings Share
4.57
Revenue Per Share
24.465
Quarterly Revenue Growth
0.094
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent 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 Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent 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 Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent 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.