Genworth Cash And Short Term Investments vs Non Currrent Assets Other Analysis
GNW Stock | USD 6.29 0.05 0.79% |
Genworth Financial financial indicator trend analysis is much more than just examining Genworth Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genworth Financial is a good investment. Please check the relationship between Genworth Financial Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genworth Financial Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genworth Financial's Cash And Short Term Investments and Non Currrent Assets Other is -0.05. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Genworth Financial, assuming nothing else is changed. The correlation between historical values of Genworth Financial's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Genworth Financial are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Genworth Financial's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Genworth Financial balance sheet. This account contains Genworth Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Genworth Financial fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Genworth Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genworth Financial 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.At this time, Genworth Financial's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 13.45 in 2024, whereas Tax Provision is likely to drop slightly above 175.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8B | 7.5B | 6.9B | 7.6B | Interest Expense | 160M | 106M | 118M | 112.1M |
Genworth Financial fundamental ratios Correlations
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Genworth Financial Account Relationship Matchups
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Genworth Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 101.3B | 105.7B | 99.2B | 86.4B | 72.0B | 83.9B | |
Short Long Term Debt Total | 3.6B | 3.5B | 1.9B | 1.6B | 1.6B | 1.6B | |
Other Current Liab | (6.1B) | (5.3B) | (5.0B) | (4.2B) | (18.4B) | (17.5B) | |
Total Current Liabilities | (5.7B) | (4.3B) | (5.0B) | (4.2B) | (18.4B) | (17.4B) | |
Total Stockholder Equity | 14.2B | 15.3B | 15.5B | 10.0B | 7.5B | 10.8B | |
Net Debt | 247M | (77.0B) | (72.6B) | (59.8B) | (583M) | (612.2M) | |
Other Assets | (42.1B) | (60.4B) | (53.8B) | 84.4B | 7.5B | 7.1B | |
Common Stock Shares Outstanding | 509.7M | 511.6M | 514.7M | 510.9M | 474.9M | 537.1M | |
Liabilities And Stockholders Equity | 101.3B | 105.7B | 99.2B | 86.4B | 72.0B | 83.9B | |
Other Stockholder Equity | 9.3B | 9.3B | 9.2B | 9.1B | 8.8B | 7.7B | |
Total Liab | 3.6B | 3.5B | 1.9B | 75.7B | 63.6B | 64.1B | |
Accumulated Other Comprehensive Income | 3.4B | 4.4B | 3.9B | (2.2B) | (2.6B) | (2.4B) | |
Non Current Liabilities Total | 3.6B | 3.5B | 1.9B | 75.7B | 82.0B | 86.1B | |
Other Liab | 79.7B | 72.0B | 68.5B | 72.0B | 82.8B | 86.9B | |
Retained Earnings | 1.5B | 1.6B | 2.5B | 3.1B | 1.2B | 1.9B | |
Cash | 3.3B | 80.6B | 74.5B | 61.4B | 2.2B | 2.1B | |
Non Current Assets Total | 62.4B | 68.7B | 61.6B | 241M | 67.7B | 39.4B | |
Non Currrent Assets Other | (62.4B) | (68.7B) | (61.6B) | (47.5B) | 3.2B | 3.3B | |
Long Term Debt | 3.6B | 3.5B | 1.9B | 1.6B | 1.6B | 1.5B | |
Cash And Short Term Investments | 63.9B | 80.6B | 74.5B | 61.4B | 49.0B | 44.1B | |
Net Receivables | 17.1B | 16.8B | 16.8B | 16.4B | 19.0B | 17.5B | |
Short Term Investments | 60.6B | 66.3B | 60.7B | 46.6B | 1.4B | 1.3B | |
Total Current Assets | 81.0B | 97.4B | 91.3B | 1.8B | 4.2B | 4.0B | |
Intangible Assets | 196M | 200M | 143M | 241M | 198M | 188.1M | |
Other Current Assets | 5.4B | 3.2B | 3.7B | 3.7B | 4.2B | 4.4B | |
Property Plant And Equipment Net | 62.0B | 68.6B | 61.6B | 59.2B | 68.1B | 71.5B | |
Accounts Payable | 449M | 11.8B | 11.8B | 525M | 472.5M | 448.9M | |
Noncontrolling Interest In Consolidated Entity | 1.9B | 1.7B | 502M | 756M | 680.4M | 646.4M | |
Retained Earnings Total Equity | 1.1B | 1.1B | 1.6B | 2.5B | 2.2B | 3.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial'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 Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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Is Genworth Financial'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 Genworth Financial. If investors know Genworth 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 Genworth Financial 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 0.282 | Earnings Share 0.23 | Revenue Per Share 16.426 | Quarterly Revenue Growth 0.005 | Return On Assets 0.0031 |
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial'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 Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial'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 Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial'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.