AstraZeneca Common Stock vs Non Current Liabilities Total Analysis
AZN Stock | USD 76.90 0.14 0.18% |
AstraZeneca PLC financial indicator trend analysis is way more than just evaluating AstraZeneca PLC ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstraZeneca PLC ADR is a good investment. Please check the relationship between AstraZeneca PLC Common Stock and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstraZeneca PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Common Stock vs Non Current Liabilities Total
Common Stock vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AstraZeneca PLC ADR Common Stock account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between AstraZeneca PLC's Common Stock and Non Current Liabilities Total is 0.65. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of AstraZeneca PLC ADR, assuming nothing else is changed. The correlation between historical values of AstraZeneca PLC's Common Stock and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of AstraZeneca PLC ADR are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock i.e., AstraZeneca PLC's Common Stock and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Non Current Liabilities Total
Most indicators from AstraZeneca PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstraZeneca PLC ADR 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 AstraZeneca PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, AstraZeneca PLC's Tax Provision is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value is likely to grow to about 218.7 B, while Selling General Administrative is likely to drop about 11.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.3B | 1.6B | 1.7B | Depreciation And Amortization | 6.5B | 5.6B | 4.9B | 5.2B |
AstraZeneca PLC fundamental ratios Correlations
Click cells to compare fundamentals
AstraZeneca PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AstraZeneca PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.4B | 66.7B | 105.4B | 96.5B | 101.1B | 106.2B | |
Short Long Term Debt Total | 18.2B | 20.4B | 30.8B | 29.2B | 28.6B | 30.1B | |
Other Current Liab | 2.1B | 508M | 748M | 1.5B | 21.7B | 22.8B | |
Total Current Liabilities | 18.1B | 20.3B | 22.6B | 26.3B | 30.5B | 32.1B | |
Total Stockholder Equity | 13.1B | 15.6B | 39.3B | 37.0B | 39.1B | 41.1B | |
Property Plant And Equipment Net | 8.3B | 8.9B | 10.2B | 9.4B | 10.5B | 6.8B | |
Net Debt | 12.9B | 12.5B | 24.5B | 23.1B | 22.8B | 23.9B | |
Retained Earnings | 2.8B | 5.3B | 1.7B | (574M) | 1.5B | 1.4B | |
Accounts Payable | 14.0B | 15.8B | 18.9B | 19.0B | 3.3B | 3.1B | |
Cash | 5.4B | 7.8B | 6.3B | 6.2B | 5.8B | 4.7B | |
Non Current Assets Total | 45.8B | 47.2B | 79.1B | 73.9B | 76.1B | 79.9B | |
Non Currrent Assets Other | 1.5B | 1.7B | 1.1B | 1.1B | 1.1B | 1.4B | |
Cash And Short Term Investments | 6.2B | 8.0B | 6.4B | 6.4B | 5.9B | 5.8B | |
Common Stock Shares Outstanding | 2.6B | 2.6B | 2.9B | 3.1B | 3.1B | 2.9B | |
Liabilities And Stockholders Equity | 61.4B | 66.7B | 105.4B | 96.5B | 101.1B | 106.2B | |
Non Current Liabilities Total | 28.7B | 30.8B | 43.5B | 33.1B | 31.4B | 33.0B | |
Inventory | 3.2B | 4.0B | 9.0B | 4.7B | 5.4B | 5.7B | |
Total Liab | 46.8B | 51.1B | 66.1B | 59.4B | 62.0B | 65.1B | |
Total Current Assets | 15.6B | 19.5B | 26.2B | 22.6B | 25.1B | 15.3B | |
Short Term Debt | 2.0B | 2.4B | 1.9B | 5.5B | 5.4B | 5.7B | |
Other Stockholder Equity | 8.4B | 8.4B | 35.6B | 35.6B | 35.6B | 37.4B | |
Other Assets | 3.5B | 4.3B | 5.3B | 4.2B | 4.8B | 5.0B | |
Intangible Assets | 20.8B | 20.9B | 42.4B | 39.3B | 38.1B | 40.0B | |
Other Liab | 10.3B | 10.5B | 13.0B | 8.5B | 9.8B | 6.7B | |
Long Term Debt | 15.7B | 17.5B | 28.1B | 23.0B | 22.4B | 11.3B | |
Good Will | 11.7B | 11.8B | 20.0B | 19.8B | 20.0B | 21.1B | |
Other Current Assets | 971M | 1.9B | 105M | 11.5B | 116M | 110.2M | |
Property Plant Equipment | 8.3B | 8.9B | 10.2B | 9.4B | 10.9B | 7.9B | |
Current Deferred Revenue | 28M | 1.6B | 1.0B | 181M | 149M | 156.5M | |
Net Receivables | 5.2B | 5.7B | 10.8B | 9.9B | 13.6B | 14.2B | |
Property Plant And Equipment Gross | 8.3B | 8.9B | 10.2B | 9.4B | 19.1B | 20.1B | |
Accumulated Other Comprehensive Income | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B | |
Noncontrolling Interest In Consolidated Entity | 1.6B | 1.5B | 16M | 21M | 23M | 21.9M | |
Additional Paid In Capital | 8.1B | 8.1B | 35.3B | 35.3B | 35.3B | 37.1B | |
Net Tangible Assets | (19.4B) | (17.2B) | (23.1B) | (22.1B) | (19.9B) | (20.9B) |
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Is AstraZeneca PLC'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 AstraZeneca PLC. If investors know AstraZeneca 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 AstraZeneca PLC 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 0.207 | Dividend Share 2.9 | Earnings Share 2.02 | Revenue Per Share 2.5512 | Quarterly Revenue Growth 0.165 |
The market value of AstraZeneca PLC ADR is measured differently than its book value, which is the value of AstraZeneca that is recorded on the company's balance sheet. Investors also form their own opinion of AstraZeneca PLC's value that differs from its market value or its book value, called intrinsic value, which is AstraZeneca PLC'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 AstraZeneca PLC's market value can be influenced by many factors that don't directly affect AstraZeneca PLC'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 AstraZeneca PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if AstraZeneca PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AstraZeneca PLC'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.