Illumina Short Term Debt vs Total Liab Analysis
ILMN Stock | USD 111.35 0.73 0.66% |
Illumina financial indicator trend analysis is infinitely more than just investigating Illumina recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Illumina is a good investment. Please check the relationship between Illumina Short Term Debt and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illumina. 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. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.
Short Term Debt vs Total Liab
Short Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Illumina Short Term Debt account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Illumina's Short Term Debt and Total Liab is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Illumina, assuming nothing else is changed. The correlation between historical values of Illumina's Short Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Illumina are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Illumina's Short Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Illumina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Illumina 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 Illumina. 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. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.At this time, Illumina's Selling General Administrative is very stable compared to the past year. As of the 10th of May 2024, Enterprise Value Over EBITDA is likely to grow to 67.33, while Tax Provision is likely to drop about 41.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.2B | 3.0B | 2.7B | 2.9B | Total Revenue | 4.5B | 4.6B | 4.5B | 4.7B |
Illumina fundamental ratios Correlations
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Illumina Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Illumina fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 7.6B | 15.2B | 12.3B | 10.1B | 10.6B | |
Short Long Term Debt Total | 1.8B | 1.9B | 2.5B | 3.5B | 2.3B | 2.4B | |
Other Current Liab | 304M | 355M | 456M | 987M | 1.1B | 1.2B | |
Total Current Liabilities | 665M | 1.2B | 1.1B | 2.8B | 1.6B | 1.6B | |
Total Stockholder Equity | 4.6B | 4.7B | 10.7B | 6.6B | 5.7B | 6.0B | |
Property Plant And Equipment Net | 1.4B | 1.5B | 1.7B | 1.7B | 1.6B | 1.6B | |
Net Debt | (206M) | 45M | 1.2B | 1.5B | 1.2B | 1.3B | |
Retained Earnings | 4.1B | 4.7B | 5.5B | 1.1B | (19M) | (18.1M) | |
Accounts Payable | 149M | 192M | 332M | 293M | 245M | 257.3M | |
Cash | 2.0B | 1.8B | 1.2B | 2.0B | 1.0B | 673.0M | |
Non Current Assets Total | 2.9B | 3.1B | 12.5B | 8.7B | 7.5B | 7.9B | |
Non Currrent Assets Other | 105M | 171M | 445M | 423M | 217M | 123.4M | |
Cash And Short Term Investments | 3.4B | 3.5B | 1.3B | 2.0B | 1.1B | 1.2B | |
Net Receivables | 573M | 487M | 648M | 671M | 752M | 789.6M | |
Short Term Investments | 1.4B | 1.7B | 107M | 26M | 6M | 5.7M | |
Liabilities And Stockholders Equity | 7.3B | 7.6B | 15.2B | 12.3B | 10.1B | 10.6B | |
Non Current Liabilities Total | 2.0B | 1.6B | 3.4B | 2.9B | 2.8B | 2.9B | |
Other Current Assets | 105M | 152M | 295M | 285M | 216M | 226.8M | |
Other Stockholder Equity | 539M | (33M) | 5.2B | 5.5B | 5.8B | 6.1B | |
Total Liab | 2.7B | 2.9B | 4.5B | 5.7B | 4.4B | 4.6B | |
Total Current Assets | 4.5B | 4.5B | 2.7B | 3.6B | 2.6B | 1.8B | |
Short Term Debt | 45M | 511M | 71M | 1.2B | 86M | 81.7M | |
Intangible Assets | 145M | 142M | 3.3B | 3.3B | 3.0B | 3.1B | |
Other Liab | 202M | 303M | 915M | 649M | 746.4M | 783.7M | |
Current Deferred Revenue | 167M | 186M | 234M | 245M | 252M | 264.6M | |
Other Assets | 179M | 609M | 445M | 212M | 243.8M | 133.6M | |
Long Term Debt | 1.1B | 673M | 1.7B | 1.5B | 1.5B | 769.5M | |
Inventory | 359M | 372M | 431M | 568M | 587M | 616.4M | |
Property Plant And Equipment Gross | 1.4B | 1.5B | 1.7B | 1.7B | 2.7B | 2.8B | |
Property Plant Equipment | 889M | 922M | 1.7B | 1.1B | 1.3B | 1.3B | |
Good Will | 824M | 897M | 7.1B | 3.2B | 2.5B | 2.7B | |
Treasury Stock | (2.6B) | (3.0B) | (3.8B) | (3.7B) | (3.3B) | (3.2B) | |
Net Tangible Assets | 4.3B | 4.3B | 377M | 4.1B | 4.7B | 4.9B | |
Retained Earnings Total Equity | 4.1B | 4.7B | 5.5B | 1.1B | 1.3B | 2.0B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illumina. 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. To learn how to invest in Illumina Stock, please use our How to Invest in Illumina guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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Is Illumina'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 Illumina. If investors know Illumina 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 Illumina 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 (0.96) | Earnings Share (8.15) | Revenue Per Share 28.392 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of Illumina is measured differently than its book value, which is the value of Illumina that is recorded on the company's balance sheet. Investors also form their own opinion of Illumina's value that differs from its market value or its book value, called intrinsic value, which is Illumina'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 Illumina's market value can be influenced by many factors that don't directly affect Illumina'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 Illumina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illumina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illumina'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.