Edwards Extraordinary Items vs Selling General Administrative Analysis

EW Stock  USD 90.11  0.05  0.06%   
Edwards Lifesciences financial indicator trend analysis is much more than just examining Edwards Lifesciences Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edwards Lifesciences Corp is a good investment. Please check the relationship between Edwards Lifesciences Extraordinary Items and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edwards Lifesciences Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Extraordinary Items vs Selling General Administrative

Extraordinary Items vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edwards Lifesciences Corp Extraordinary Items account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Edwards Lifesciences' Extraordinary Items and Selling General Administrative is 0.84. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Edwards Lifesciences Corp, assuming nothing else is changed. The correlation between historical values of Edwards Lifesciences' Extraordinary Items and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Edwards Lifesciences Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Extraordinary Items i.e., Edwards Lifesciences' Extraordinary Items and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Extraordinary Items

Selling General Administrative

Most indicators from Edwards Lifesciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edwards Lifesciences Corp 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 Edwards Lifesciences Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
At this time, Edwards Lifesciences' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.36 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 169.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B4.3B4.6B4.9B
Total Revenue5.2B5.4B6.0B6.3B

Edwards Lifesciences fundamental ratios Correlations

-0.450.880.990.970.920.990.80.810.970.7-0.910.720.960.98-0.630.760.940.960.480.93-0.680.730.850.810.4
-0.45-0.43-0.48-0.48-0.37-0.46-0.4-0.31-0.41-0.340.32-0.13-0.45-0.450.14-0.23-0.5-0.41-0.14-0.410.31-0.51-0.36-0.420.18
0.88-0.430.820.80.690.870.650.740.850.74-0.80.680.850.82-0.340.810.770.850.610.91-0.470.610.770.640.25
0.99-0.480.820.990.950.980.840.750.970.66-0.90.630.970.97-0.690.670.970.940.370.87-0.680.750.790.810.34
0.97-0.480.80.990.930.980.80.710.970.67-0.860.640.960.97-0.660.670.960.910.320.87-0.70.780.770.840.31
0.92-0.370.690.950.930.890.930.730.930.45-0.870.520.930.91-0.870.530.960.910.270.73-0.660.580.730.790.35
0.99-0.460.870.980.980.890.770.720.950.76-0.870.70.940.95-0.580.750.920.90.460.92-0.610.80.790.790.36
0.8-0.40.650.840.80.930.770.610.830.33-0.80.290.880.74-0.860.350.910.810.190.58-0.540.440.620.740.16
0.81-0.310.740.750.710.730.720.610.760.42-0.830.780.720.84-0.550.750.680.920.630.8-0.690.320.930.630.61
0.97-0.410.850.970.970.930.950.830.760.61-0.880.630.980.95-0.670.680.960.950.320.87-0.750.670.820.790.28
0.7-0.340.740.660.670.450.760.330.420.61-0.520.720.630.63-0.040.810.550.560.60.79-0.350.880.590.530.37
-0.910.32-0.8-0.9-0.86-0.87-0.87-0.8-0.83-0.88-0.52-0.59-0.9-0.890.62-0.59-0.88-0.93-0.48-0.830.62-0.52-0.85-0.75-0.46
0.72-0.130.680.630.640.520.70.290.780.630.72-0.590.570.73-0.270.960.480.720.760.85-0.560.540.820.590.74
0.96-0.450.850.970.960.930.940.880.720.980.63-0.90.570.93-0.680.630.980.930.330.85-0.690.690.790.840.26
0.98-0.450.820.970.970.910.950.740.840.950.63-0.890.730.93-0.640.740.920.960.410.91-0.750.690.860.810.41
-0.630.14-0.34-0.69-0.66-0.87-0.58-0.86-0.55-0.67-0.040.62-0.27-0.68-0.64-0.22-0.74-0.67-0.05-0.370.51-0.23-0.48-0.64-0.3
0.76-0.230.810.670.670.530.750.350.750.680.81-0.590.960.630.74-0.220.530.740.780.88-0.50.610.790.580.6
0.94-0.50.770.970.960.960.920.910.680.960.55-0.880.480.980.92-0.740.530.910.230.78-0.690.680.740.820.22
0.96-0.410.850.940.910.910.90.810.920.950.56-0.930.720.930.96-0.670.740.910.480.89-0.760.550.920.790.44
0.48-0.140.610.370.320.270.460.190.630.320.6-0.480.760.330.41-0.050.780.230.480.61-0.060.310.610.320.74
0.93-0.410.910.870.870.730.920.580.80.870.79-0.830.850.850.91-0.370.880.780.890.61-0.670.710.890.80.44
-0.680.31-0.47-0.68-0.7-0.66-0.61-0.54-0.69-0.75-0.350.62-0.56-0.69-0.750.51-0.5-0.69-0.76-0.06-0.67-0.44-0.8-0.68-0.26
0.73-0.510.610.750.780.580.80.440.320.670.88-0.520.540.690.69-0.230.610.680.550.310.71-0.440.510.620.21
0.85-0.360.770.790.770.730.790.620.930.820.59-0.850.820.790.86-0.480.790.740.920.610.89-0.80.510.750.6
0.81-0.420.640.810.840.790.790.740.630.790.53-0.750.590.840.81-0.640.580.820.790.320.8-0.680.620.750.31
0.40.180.250.340.310.350.360.160.610.280.37-0.460.740.260.41-0.30.60.220.440.740.44-0.260.210.60.31
Click cells to compare fundamentals

Edwards Lifesciences Account Relationship Matchups

Edwards Lifesciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B7.2B8.5B8.3B9.4B9.8B
Other Current Liab6.4M39.3M3.9M311M15.2M14.4M
Total Current Liabilities902.4M893.9M1.0B1.0B1.2B1.3B
Total Stockholder Equity4.1B4.6B5.8B5.8B6.7B7.0B
Property Plant And Equipment Net1.1B1.5B1.6B1.7B1.8B1.9B
Retained Earnings3.7B4.6B6.1B7.6B9.0B9.4B
Non Current Assets Total3.5B4.1B5.3B5.2B5.3B5.6B
Non Currrent Assets Other101.8M119.6M110.8M299.1M463.7M486.9M
Cash And Short Term Investments1.5B1.4B1.5B1.2B1.6B1.7B
Net Receivables599.1M602.8M664.9M699.1M836.9M878.7M
Good Will1.2B1.2B1.2B1.2B1.3B688.6M
Common Stock Shares Outstanding636.6M631.9M631.2M624.2M609.4M550.8M
Liabilities And Stockholders Equity6.5B7.2B8.5B8.3B9.4B9.8B
Non Current Liabilities Total1.4B1.8B1.6B1.5B1.4B800.7M
Inventory640.9M802.3M726.7M875.5M1.2B1.2B
Other Current Assets168M208.2M237.1M195.9M239.3M251.3M
Other Stockholder Equity344.6M(466M)(716.5M)(2.2B)(2.8B)(2.6B)
Total Liab2.3B2.7B2.7B2.5B2.6B1.4B
Property Plant And Equipment Gross1.1B1.5B1.6B1.7B2.7B2.8B
Total Current Assets3.0B3.1B3.2B3.1B4.0B4.2B
Accumulated Other Comprehensive Income(156M)(161.1M)(157.7M)(254.9M)(242.8M)(230.7M)
Short Long Term Debt Total593.8M678.8M694.9M690.3M691.3M486.4M
Other Liab784.1M1.1B969.6M797.6M917.2M963.1M
Net Debt(500.3M)(488.3M)(172.5M)(77.7M)(449.1M)(426.6M)
Accounts Payable180.4M196.5M204.5M201.9M201.4M139.5M
Cash1.2B1.2B862.8M769M1.1B1.2B
Other Assets274M1.2B357.5M783.1M900.6M945.6M
Long Term Debt594.4M595M595.7M596.3M597M425.6M
Common Stock Total Equity218.1M636.4M642M646.3M743.2M780.4M
Short Term Debt598M0.025.5M27.2M24.9M23.7M
Intangible Assets336.5M331.4M323.6M285.2M428.4M449.8M
Common Stock218.1M636.4M642M646.3M650.5M683.0M
Property Plant Equipment1.1B1.4B1.6B1.7B2.0B2.1B
Treasury Stock(1.0B)(1.3B)(1.9B)(2.4B)(2.2B)(2.1B)
Short Term Investments337.8M219.4M604M446.3M500.5M382.6M
Net Tangible Assets2.9B3.4B4.3B4.4B5.0B5.3B
Retained Earnings Total Equity3.7B4.6B6.1B7.6B8.7B9.2B
Capital Surpluse1.6B1.4B1.7B2.0B2.3B1.2B
Long Term Investments585.5M801.6M1.8B1.2B583.9M582.2M

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When determining whether Edwards Lifesciences Corp is a strong investment it is important to analyze Edwards Lifesciences' 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 Edwards Lifesciences' future performance. For an informed investment choice regarding Edwards Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edwards Lifesciences Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Edwards Lifesciences' 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 Edwards Lifesciences. If investors know Edwards 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 Edwards Lifesciences 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
0.036
Earnings Share
2.32
Revenue Per Share
10.151
Quarterly Revenue Growth
0.095
Return On Assets
0.1205
The market value of Edwards Lifesciences Corp is measured differently than its book value, which is the value of Edwards that is recorded on the company's balance sheet. Investors also form their own opinion of Edwards Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Edwards Lifesciences' 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 Edwards Lifesciences' market value can be influenced by many factors that don't directly affect Edwards Lifesciences' 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 Edwards Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Edwards Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edwards Lifesciences' 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.