Adobe Other Stockholder Equity vs Inventory Analysis
ADBE Stock | USD 478.08 8.60 1.77% |
Adobe Systems financial indicator trend analysis is way more than just evaluating Adobe Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adobe Systems is a good investment. Please check the relationship between Adobe Systems Other Stockholder Equity and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Other Stockholder Equity vs Inventory
Other Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adobe Systems Other Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Adobe Systems' Other Stockholder Equity and Inventory is 0.42. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Inventory in the same time period over historical financial statements of Adobe Systems Incorporated, assuming nothing else is changed. The correlation between historical values of Adobe Systems' Other Stockholder Equity and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Adobe Systems Incorporated are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Stockholder Equity i.e., Adobe Systems' Other Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Inventory
Most indicators from Adobe Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adobe Systems 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 Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Adobe Systems' 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 0.10, whereas Issuance Of Capital Stock is forecasted to decline to about 289.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 15.4B | 17.1B | 19.6B | 20.6B | Total Revenue | 17.6B | 19.4B | 22.3B | 23.4B |
Adobe Systems fundamental ratios Correlations
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Adobe Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adobe Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.3B | 27.2B | 27.2B | 29.8B | 34.2B | 36.0B | |
Other Current Liab | 1.5B | 1.8B | 1.9B | 2.0B | 2.3B | 2.4B | |
Total Current Liabilities | 5.5B | 6.9B | 8.1B | 8.3B | 9.5B | 10.0B | |
Total Stockholder Equity | 13.3B | 14.8B | 14.1B | 16.5B | 19.0B | 19.9B | |
Property Plant And Equipment Net | 2.0B | 2.1B | 2.3B | 2.4B | 2.7B | 2.9B | |
Net Debt | 230M | 829M | 397M | (3.1B) | (3.5B) | (3.3B) | |
Retained Earnings | 19.6B | 23.9B | 28.3B | 33.3B | 38.3B | 40.3B | |
Cash | 4.5B | 3.8B | 4.2B | 7.1B | 8.2B | 8.6B | |
Non Current Assets Total | 16.1B | 18.6B | 18.2B | 18.7B | 21.5B | 22.6B | |
Non Currrent Assets Other | 663M | 848M | 841M | 1.2B | 1.4B | 1.5B | |
Cash And Short Term Investments | 6.0B | 5.8B | 6.1B | 7.8B | 9.0B | 9.5B | |
Net Receivables | 1.4B | 1.9B | 2.1B | 2.2B | 2.6B | 2.7B | |
Common Stock Shares Outstanding | 485M | 481M | 471M | 459M | 527.9M | 533.1M | |
Liabilities And Stockholders Equity | 24.3B | 27.2B | 27.2B | 29.8B | 34.2B | 36.0B | |
Non Current Liabilities Total | 5.5B | 5.5B | 5.0B | 5.0B | 5.8B | 6.0B | |
Other Current Assets | 756M | 975M | 835M | 1.0B | 1.2B | 1.2B | |
Other Stockholder Equity | (6.2B) | (9.0B) | (14.0B) | (16.5B) | (14.9B) | (14.1B) | |
Total Liab | 11.0B | 12.4B | 13.1B | 13.3B | 15.3B | 16.0B | |
Property Plant And Equipment Gross | 2.0B | 2.1B | 2.3B | 2.4B | 2.7B | 2.9B | |
Total Current Assets | 8.1B | 8.7B | 9.0B | 11.1B | 12.7B | 13.4B | |
Accumulated Other Comprehensive Income | (158M) | (137M) | (293M) | (285M) | (256.5M) | (243.7M) | |
Short Long Term Debt Total | 4.7B | 4.7B | 4.6B | 4.1B | 4.7B | 2.4B | |
Accounts Payable | 306M | 312M | 379M | 314M | 361.1M | 379.2M | |
Intangible Assets | 1.4B | 1.8B | 1.4B | 1.1B | 1.3B | 667.4M | |
Current Deferred Revenue | 3.6B | 4.7B | 5.3B | 5.8B | 6.7B | 7.0B | |
Short Term Investments | 1.5B | 2.0B | 1.9B | 701M | 806.2M | 1.5B | |
Short Term Debt | 92M | 97M | 587M | 73M | 84.0M | 79.8M | |
Treasury Stock | (10.6B) | (13.5B) | (17.4B) | (23.8B) | (21.5B) | (20.4B) | |
Property Plant Equipment | 1.3B | 1.5B | 2.1B | 1.9B | 2.2B | 2.3B | |
Other Assets | 562.7M | 2.0B | 1.9B | 1.6B | 1.9B | 2.0B | |
Good Will | 10.7B | 12.7B | 12.8B | 12.8B | 14.7B | 15.5B | |
Other Liab | 1.1B | 892M | 936M | 940M | 1.1B | 1.1B | |
Long Term Debt | 4.1B | 4.1B | 3.6B | 3.6B | 4.2B | 2.4B | |
Net Tangible Assets | (1.9B) | 1.2B | 256M | (185M) | (166.5M) | (158.2M) | |
Retained Earnings Total Equity | 14.8B | 19.6B | 23.9B | 28.3B | 32.6B | 34.2B | |
Long Term Debt Total | 988.9M | 4.1B | 4.1B | 3.6B | 4.2B | 2.4B | |
Capital Surpluse | 6.5B | 7.4B | 8.4B | 9.9B | 11.3B | 11.9B |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software 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 Adobe Systems. If investors know Adobe 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 Adobe Systems 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 0.233 | Earnings Share 11.83 | Revenue Per Share 46.482 | Quarterly Revenue Growth 0.106 | Return On Assets 0.1597 |
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' 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 Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' 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 Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' 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.