Danaher Total Assets vs Short Term Debt Analysis
DHR Stock | USD 253.38 1.95 0.78% |
Danaher financial indicator trend analysis is much more than just examining Danaher latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaher is a good investment. Please check the relationship between Danaher Total Assets and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.
Total Assets vs Short Term Debt
Total Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaher Total Assets account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Danaher's Total Assets and Short Term Debt is 0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Danaher, assuming nothing else is changed. The correlation between historical values of Danaher's Total Assets and Short Term Debt 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 Assets of Danaher are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Assets i.e., Danaher's Total Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Danaher assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Danaher books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Short Term Debt
Most indicators from Danaher's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaher 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.At this time, Danaher's Selling General Administrative is relatively stable compared to the past year. As of 05/11/2024, Enterprise Value Over EBITDA is likely to grow to 24.92, while Tax Provision is likely to drop slightly above 828.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 18.0B | 18.9B | 14.0B | 14.7B | Total Revenue | 29.5B | 31.5B | 14.0B | 10.5B |
Danaher fundamental ratios Correlations
Click cells to compare fundamentals
Danaher Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Danaher fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 62.1B | 76.2B | 83.2B | 84.4B | 84.5B | 88.7B | |
Short Long Term Debt Total | 21.7B | 21.2B | 22.2B | 19.7B | 19.5B | 20.5B | |
Other Current Liab | 2.5B | 4.1B | 4.0B | 3.9B | 3.2B | 3.3B | |
Total Current Liabilities | 4.9B | 7.4B | 8.1B | 8.4B | 8.3B | 8.7B | |
Total Stockholder Equity | 30.3B | 39.8B | 45.2B | 50.1B | 53.5B | 56.2B | |
Property Plant And Equipment Net | 2.3B | 3.3B | 3.8B | 4.0B | 4.6B | 4.8B | |
Net Debt | 1.8B | 15.2B | 19.6B | 13.7B | 13.7B | 14.4B | |
Retained Earnings | 24.2B | 27.2B | 32.8B | 39.2B | 41.1B | 43.1B | |
Cash | 19.9B | 6.0B | 2.6B | 6.0B | 5.9B | 6.2B | |
Non Current Assets Total | 36.5B | 62.4B | 71.5B | 68.5B | 70.6B | 74.1B | |
Non Currrent Assets Other | 1.7B | 2.4B | 3.7B | 4.5B | 3.6B | 3.8B | |
Cash And Short Term Investments | 19.9B | 6.0B | 2.6B | 6.0B | 5.9B | 6.2B | |
Net Receivables | 3.2B | 4.0B | 4.6B | 4.9B | 3.9B | 4.1B | |
Common Stock Shares Outstanding | 725.5M | 718.7M | 736.8M | 737.1M | 743.1M | 669.1M | |
Liabilities And Stockholders Equity | 62.1B | 76.2B | 83.2B | 84.4B | 84.5B | 88.7B | |
Non Current Liabilities Total | 26.9B | 29.0B | 29.9B | 25.9B | 22.7B | 23.9B | |
Inventory | 1.6B | 2.3B | 2.8B | 3.1B | 2.6B | 2.7B | |
Other Current Assets | 864.6M | 1.4B | 1.7B | 1.9B | 1.6B | 1.6B | |
Other Stockholder Equity | 7.6B | 9.7B | 10.1B | 12.1B | 14.2B | 14.9B | |
Total Liab | 31.8B | 36.4B | 38.0B | 34.3B | 31.0B | 32.5B | |
Property Plant And Equipment Gross | 2.3B | 3.3B | 7.3B | 7.8B | 8.4B | 8.8B | |
Total Current Assets | 25.6B | 13.8B | 11.6B | 15.9B | 13.9B | 14.6B | |
Accumulated Other Comprehensive Income | (3.1B) | (368M) | (1.0B) | (2.9B) | (1.7B) | (1.7B) | |
Short Term Debt | 212.4M | 11M | 8M | 591M | 1.9B | 2.0B | |
Intangible Assets | 9.7B | 21.3B | 22.8B | 20.3B | 20.7B | 21.8B | |
Other Liab | 4.7B | 7.8B | 7.7B | 5.9B | 6.8B | 3.8B | |
Other Assets | 923.4M | 2.4B | 3.7B | 4.5B | 5.1B | 5.4B | |
Long Term Debt | 21.5B | 21.2B | 22.2B | 19.1B | 16.7B | 17.5B | |
Good Will | 22.7B | 35.4B | 41.2B | 39.8B | 41.6B | 43.7B | |
Property Plant Equipment | 2.3B | 3.3B | 3.8B | 4.0B | 4.5B | 4.8B | |
Current Deferred Revenue | 687.8M | 1.2B | 1.6B | 1.6B | 1.5B | 987.2M | |
Noncontrolling Interest In Consolidated Entity | 11.3M | 11M | 10M | 8M | 7.2M | 6.8M | |
Retained Earnings Total Equity | 24.2B | 27.2B | 32.8B | 39.2B | 45.1B | 47.3B |
Danaher Investors Sentiment
The influence of Danaher's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Danaher. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Danaher's public news can be used to forecast risks associated with an investment in Danaher. The trend in average sentiment can be used to explain how an investor holding Danaher can time the market purely based on public headlines and social activities around Danaher. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Danaher's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Danaher's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Danaher's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Danaher.
Danaher Implied Volatility | 19.42 |
Danaher's implied volatility exposes the market's sentiment of Danaher stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Danaher's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Danaher stock will not fluctuate a lot when Danaher's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Danaher in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Danaher's short interest history, or implied volatility extrapolated from Danaher options trading.
Pair Trading with Danaher
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaher will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaher to buy it.
The correlation of Danaher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher'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 Danaher. If investors know Danaher 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 Danaher 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 (0.25) | Dividend Share 1.05 | Earnings Share 5.46 | Revenue Per Share 32.107 | Quarterly Revenue Growth (0.03) |
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher'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 Danaher's market value can be influenced by many factors that don't directly affect Danaher'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 Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher'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.