ASML Other Current Assets vs Common Stock Shares Outstanding Analysis

ASML Stock  USD 966.12  8.24  0.86%   
ASML Holding financial indicator trend analysis is way more than just evaluating ASML Holding NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASML Holding NV is a good investment. Please check the relationship between ASML Holding Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASML Holding NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASML Holding NV Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between ASML Holding's Other Current Assets and Common Stock Shares Outstanding is 0.27. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of ASML Holding NV, assuming nothing else is changed. The correlation between historical values of ASML Holding's Other Current Assets and Common Stock Shares Outstanding 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 Current Assets of ASML Holding NV are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., ASML Holding's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from ASML Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASML Holding NV 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 ASML Holding NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, ASML Holding's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 1.5 B this year, although Enterprise Value Over EBITDA will most likely fall to 17.70.
 2021 2022 2023 2024 (projected)
Gross Profit9.8B10.5B14.1B14.8B
Total Revenue18.6B21.2B27.6B28.9B

ASML Holding fundamental ratios Correlations

0.940.540.940.840.95-0.570.920.970.950.970.910.940.960.110.990.970.12-0.060.970.910.990.350.840.430.26
0.940.510.810.880.84-0.370.940.880.890.950.940.930.840.130.950.860.330.080.870.780.910.340.80.40.27
0.540.510.570.360.6-0.330.510.490.530.470.510.550.530.10.540.590.27-0.250.570.520.58-0.090.33-0.10.17
0.940.810.570.590.95-0.740.750.980.940.850.780.870.98-0.070.940.960.03-0.350.990.950.970.270.830.290.08
0.840.880.360.590.71-0.180.920.70.710.910.840.790.670.410.790.740.210.440.680.610.760.370.620.570.51
0.950.840.60.950.71-0.630.860.930.910.880.850.860.970.040.950.99-0.02-0.180.960.970.980.160.830.20.16
-0.57-0.37-0.33-0.74-0.18-0.63-0.34-0.68-0.75-0.41-0.36-0.65-0.67-0.03-0.56-0.620.020.48-0.68-0.62-0.66-0.13-0.6-0.04-0.14
0.920.940.510.750.920.86-0.340.830.840.920.960.880.820.230.910.880.170.130.820.80.890.280.760.360.35
0.970.880.490.980.70.93-0.680.830.960.920.850.920.98-0.010.980.950.13-0.220.990.920.980.340.860.370.14
0.950.890.530.940.710.91-0.750.840.960.880.850.980.930.110.950.920.22-0.170.960.870.970.290.860.30.26
0.970.950.470.850.910.88-0.410.920.920.880.90.890.890.160.960.910.140.10.90.830.930.440.780.580.3
0.910.940.510.780.840.85-0.360.960.850.850.90.880.830.060.930.850.250.010.840.80.890.360.840.290.18
0.940.930.550.870.790.86-0.650.880.920.980.890.880.860.210.930.880.34-0.030.90.790.940.340.840.350.36
0.960.840.530.980.670.97-0.670.820.980.930.890.830.86-0.050.960.98-0.04-0.280.990.980.980.270.850.320.09
0.110.130.1-0.070.410.04-0.030.23-0.010.110.160.060.21-0.050.030.070.270.52-0.03-0.170.080.01-0.210.250.96
0.990.950.540.940.790.95-0.560.910.980.950.960.930.930.960.030.960.14-0.130.980.920.980.340.860.380.18
0.970.860.590.960.740.99-0.620.880.950.920.910.850.880.980.070.96-0.01-0.170.970.960.990.20.820.280.19
0.120.330.270.030.21-0.020.020.170.130.220.140.250.34-0.040.270.14-0.010.290.07-0.170.10.050.07-0.080.3
-0.060.08-0.25-0.350.44-0.180.480.13-0.22-0.170.10.01-0.03-0.280.52-0.13-0.170.29-0.27-0.34-0.170.16-0.150.310.46
0.970.870.570.990.680.96-0.680.820.990.960.90.840.90.99-0.030.980.970.07-0.270.950.990.30.860.330.12
0.910.780.520.950.610.97-0.620.80.920.870.830.80.790.98-0.170.920.96-0.17-0.340.950.940.190.850.21-0.04
0.990.910.580.970.760.98-0.660.890.980.970.930.890.940.980.080.980.990.1-0.170.990.940.270.860.320.22
0.350.34-0.090.270.370.16-0.130.280.340.290.440.360.340.270.010.340.20.050.160.30.190.270.450.690.14
0.840.80.330.830.620.83-0.60.760.860.860.780.840.840.85-0.210.860.820.07-0.150.860.850.860.450.22-0.08
0.430.4-0.10.290.570.2-0.040.360.370.30.580.290.350.320.250.380.28-0.080.310.330.210.320.690.220.37
0.260.270.170.080.510.16-0.140.350.140.260.30.180.360.090.960.180.190.30.460.12-0.040.220.14-0.080.37
Click cells to compare fundamentals

ASML Holding Account Relationship Matchups

ASML Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.0B27.3B30.2B38.8B40.0B42.0B
Short Long Term Debt Total3.1B4.7B4.1B4.3B4.6B4.9B
Other Current Liab3.9M1.3B1.7B2.0B2.5B2.6B
Total Current Liabilities4.7B6.6B12.3B17.8B16.3B17.1B
Total Stockholder Equity13.9B13.9B10.1B11.3B13.5B14.1B
Property Plant And Equipment Net2.3B2.8B3.1B4.1B5.8B6.1B
Net Debt(424M)(1.4B)(2.9B)(3.0B)(2.4B)(2.3B)
Retained Earnings9.5B10.7B8.3B8.7B12.4B13.0B
Accounts Payable1.1B1.4B2.1B2.6B2.3B2.5B
Cash3.5B6.0B7.0B7.3B7.0B7.4B
Non Current Assets Total12.1B11.3B12.0B16.3B15.6B16.3B
Non Currrent Assets Other1.3B1.4B1.4B1.1B1.6B1.7B
Cash And Short Term Investments4.7B7.4B7.6B7.4B7.0B7.4B
Net Receivables2.9B3.2B4.4B7.0B7.3B7.6B
Common Stock Shares Outstanding421.6M419.1M410.4M398M394.1M413.0M
Liabilities And Stockholders Equity24.0B27.3B30.2B38.8B40.0B42.0B
Non Current Liabilities Total5.5B6.8B7.8B9.8B10.2B10.7B
Inventory3.8B4.6B5.2B7.2B8.9B9.3B
Other Current Assets131.1M801.7M1.0B266.4M92.5M87.9M
Other Stockholder Equity4.0B2.9B1.5B(209.7M)691.9M1.3B
Total Liab10.2B13.4B20.1B27.5B26.5B27.8B
Property Plant And Equipment Gross2.3B2.8B3.1B7.2B9.4B9.9B
Total Current Assets12.0B15.9B18.2B22.5B24.4B25.6B
Accumulated Other Comprehensive Income277.8M179.4M333.5M2.8B345M309.9M
Short Term Debt1.1B15.4M509.1M746.2M100K95K
Intangible Assets2.5B1.0B952.1M3.3B741.7M792.3M
Common Stock38.2M37.6M36.5M36.3M36M32.0M
Other Assets1.6B1.9B2.5B2.8B3.2B3.4B
Long Term Debt3.1B4.7B4.1B3.5B4.6B4.9B
Property Plant Equipment2.3B2.8B3.1B4.1B4.8B5.0B
Other Liab2.1B2.0B3.7B5.6B6.5B6.8B
Current Deferred Revenue2.5B4.0B7.9B12.5B11.4B12.0B
Short Term Investments1.2B1.3B638.5M107.7M5.4M5.1M
Long Term Investments833M820.7M892.5M923.6M919.6M667.9M
Short Long Term Debt0.015.4M509.1M746.2M100K95K
Net Tangible Assets6.9B8.2B4.6B3.4B3.1B4.7B

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When determining whether ASML Holding NV is a strong investment it is important to analyze ASML Holding's 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 ASML Holding's future performance. For an informed investment choice regarding ASML Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASML Holding NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is ASML Holding's industry 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 ASML Holding. If investors know ASML 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 ASML Holding 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
(0.37)
Dividend Share
4.65
Earnings Share
20.24
Revenue Per Share
1.1939
Quarterly Revenue Growth
(0.22)
The market value of ASML Holding NV is measured differently than its book value, which is the value of ASML that is recorded on the company's balance sheet. Investors also form their own opinion of ASML Holding's value that differs from its market value or its book value, called intrinsic value, which is ASML Holding's 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 ASML Holding's market value can be influenced by many factors that don't directly affect ASML Holding's 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 ASML Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASML Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASML Holding's 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.