Eli Common Stock Shares Outstanding vs Short Term Investments Analysis

LLY Stock  USD 807.43  0.00  0.00%   
Eli Lilly financial indicator trend analysis is much more than just examining Eli Lilly latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eli Lilly is a good investment. Please check the relationship between Eli Lilly Common Stock Shares Outstanding and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eli Lilly and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Short Term Investments

Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eli Lilly Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eli Lilly's Common Stock Shares Outstanding and Short Term Investments is 0.73. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Eli Lilly and, assuming nothing else is changed. The correlation between historical values of Eli Lilly's Common Stock Shares Outstanding and Short Term Investments 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 Shares Outstanding of Eli Lilly and are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Eli Lilly's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Eli Lilly balance sheet. It contains any investments Eli Lilly and undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Eli Lilly can easily liquidate in the marketplace.
Most indicators from Eli Lilly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eli Lilly 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eli Lilly and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Eli Lilly's Discontinued Operations is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit21.0B21.9B27.5B28.9B
Total Revenue28.3B28.5B34.1B35.8B

Eli Lilly fundamental ratios Correlations

0.920.940.110.760.830.080.210.990.450.130.94-0.750.850.960.170.760.950.970.740.320.720.960.82-0.13-0.27
0.920.95-0.240.610.97-0.28-0.060.910.33-0.170.96-0.910.90.930.190.710.980.880.820.230.760.950.86-0.15-0.51
0.940.95-0.020.620.91-0.090.00.920.36-0.060.97-0.780.760.94-0.030.590.930.920.680.260.880.970.91-0.16-0.36
0.11-0.24-0.020.33-0.340.970.460.130.060.62-0.10.47-0.330.06-0.36-0.06-0.190.09-0.180.020.020.03-0.070.010.75
0.760.610.620.330.520.30.280.770.440.230.64-0.460.640.690.290.860.670.70.620.330.380.680.51-0.09-0.01
0.830.970.91-0.340.52-0.4-0.290.850.22-0.380.93-0.940.840.870.160.630.930.770.830.190.730.910.88-0.1-0.58
0.08-0.28-0.090.970.3-0.40.570.090.050.73-0.180.53-0.310.03-0.32-0.06-0.220.06-0.21-0.05-0.05-0.03-0.20.010.81
0.21-0.060.00.460.28-0.290.570.110.420.96-0.040.30.110.090.110.220.060.34-0.220.110.0-0.02-0.21-0.20.4
0.990.910.920.130.770.850.090.110.410.060.93-0.780.850.950.20.770.940.920.80.30.680.960.82-0.1-0.26
0.450.330.360.060.440.220.050.420.410.240.37-0.290.430.290.340.570.430.490.040.540.240.290.290.02-0.39
0.13-0.17-0.060.620.23-0.380.730.960.060.24-0.140.45-0.050.04-0.040.07-0.060.24-0.28-0.01-0.02-0.08-0.29-0.130.63
0.940.960.97-0.10.640.93-0.18-0.040.930.37-0.14-0.870.850.930.150.690.960.920.780.350.740.970.94-0.19-0.48
-0.75-0.91-0.780.47-0.46-0.940.530.3-0.78-0.290.45-0.87-0.89-0.76-0.44-0.71-0.89-0.69-0.84-0.34-0.5-0.8-0.80.040.73
0.850.90.76-0.330.640.84-0.310.110.850.43-0.050.85-0.890.810.530.860.950.830.810.320.460.80.66-0.1-0.55
0.960.930.940.060.690.870.030.090.950.290.040.93-0.760.810.070.680.930.930.750.240.770.960.83-0.03-0.24
0.170.19-0.03-0.360.290.16-0.320.110.20.34-0.040.15-0.440.530.070.630.290.130.410.52-0.380.050.020.07-0.38
0.760.710.59-0.060.860.63-0.060.220.770.570.070.69-0.710.860.680.630.790.710.710.460.250.660.520.0-0.38
0.950.980.93-0.190.670.93-0.220.060.940.43-0.060.96-0.890.950.930.290.790.930.80.310.690.940.83-0.13-0.49
0.970.880.920.090.70.770.060.340.920.490.240.92-0.690.830.930.130.710.930.610.340.740.910.79-0.18-0.27
0.740.820.68-0.180.620.83-0.21-0.220.80.04-0.280.78-0.840.810.750.410.710.80.610.150.370.790.7-0.17-0.4
0.320.230.260.020.330.19-0.050.110.30.54-0.010.35-0.340.320.240.520.460.310.340.15-0.010.280.38-0.01-0.32
0.720.760.880.020.380.73-0.050.00.680.24-0.020.74-0.50.460.77-0.380.250.690.740.37-0.010.770.74-0.19-0.18
0.960.950.970.030.680.91-0.03-0.020.960.29-0.080.97-0.80.80.960.050.660.940.910.790.280.770.9-0.17-0.34
0.820.860.91-0.070.510.88-0.2-0.210.820.29-0.290.94-0.80.660.830.020.520.830.790.70.380.740.9-0.17-0.47
-0.13-0.15-0.160.01-0.09-0.10.01-0.2-0.10.02-0.13-0.190.04-0.1-0.030.070.0-0.13-0.18-0.17-0.01-0.19-0.17-0.170.14
-0.27-0.51-0.360.75-0.01-0.580.810.4-0.26-0.390.63-0.480.73-0.55-0.24-0.38-0.38-0.49-0.27-0.4-0.32-0.18-0.34-0.470.14
Click cells to compare fundamentals

Eli Lilly Account Relationship Matchups

Eli Lilly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.3B46.6B48.8B49.5B64.0B67.2B
Short Long Term Debt Total15.8B16.6B16.9B16.2B25.2B26.5B
Total Current Liabilities11.8B12.5B15.1B17.1B27.3B28.7B
Total Stockholder Equity2.6B5.6B9.0B10.6B10.8B9.0B
Property Plant And Equipment Net8.4B8.7B9.0B10.1B12.9B6.8B
Net Debt13.5B12.9B13.1B14.2B22.4B23.5B
Retained Earnings4.9B7.8B9.0B10.0B10.3B9.5B
Cash2.3B3.7B3.8B2.1B2.8B3.1B
Non Current Assets Total25.6B29.2B30.4B31.5B38.3B40.2B
Non Currrent Assets Other2.3B3.5B4.1B4.3B5.0B2.9B
Cash And Short Term Investments2.4B3.7B3.9B2.2B2.9B3.7B
Net Receivables5.5B6.9B8.1B8.6B11.3B11.9B
Common Stock Shares Outstanding935.7M912.5M911.7M904.6M903.3M868.4M
Liabilities And Stockholders Equity39.3B46.6B48.8B49.5B64.0B67.2B
Non Current Liabilities Total24.8B28.3B24.6B21.6B25.8B27.1B
Inventory3.2B4.0B3.9B4.3B5.8B6.1B
Other Current Assets2.5B2.9B2.5B3.0B149.5M142.0M
Other Stockholder Equity3.6B3.7B3.8B3.9B4.2B2.3B
Total Liab36.6B40.8B39.7B38.7B53.1B55.8B
Total Current Assets13.7B17.5B18.5B18.0B25.7B27.0B
Intangible Assets6.6B7.5B7.7B7.2B6.9B7.3B
Other Current Liab2.2B2.8B3.0B13.7B3.3B3.7B
Short Term Debt1.5B8.7M1.5B1.5B6.9B7.2B
Accounts Payable1.4B1.6B1.7B1.9B2.6B2.7B
Property Plant And Equipment Gross8.4B8.7B19.0B20.4B24.0B25.2B
Accumulated Other Comprehensive Income(6.5B)(6.5B)(4.3B)(3.8B)(4.3B)(4.5B)
Common Stock Total Equity661M598.8M598.2M594.1M534.7M494.1M
Short Term Investments101M24.2M90.1M144.8M109.1M103.6M
Capital Stock598.8M598.2M596.3M594.1M593.6M544.7M
Common Stock598.8M598.2M596.3M594.1M593.6M544.7M
Other Liab10.5B11.0B8.7B6.1B7.0B5.5B
Other Assets4.7B9.3B6.4B7.1B8.2B4.2B
Long Term Debt13.8B16.6B15.3B14.7B18.3B19.2B
Treasury Stock(60.8M)(55.7M)(52.7M)(50.5M)(44.2M)(46.4M)
Property Plant Equipment7.9B8.7B9.0B10.1B11.7B8.5B
Good Will3.7B3.8B3.9B4.1B4.9B2.9B
Current Deferred Revenue6.7B8.1B8.8B14.5B16.7B17.5B
Noncontrolling Interest In Consolidated Entity92.2M183.6M175.6M125.6M91.8M141.7M
Retained Earnings Total Equity13.9B11.4B4.9B10.0B11.5B10.8B

Also Currently Popular

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 Eli Lilly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eli Lilly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eli Lilly And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eli Lilly And Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eli Lilly and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Eli Stock analysis

When running Eli Lilly's price analysis, check to measure Eli Lilly'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 Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Is Eli Lilly'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 Eli Lilly. If investors know Eli 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 Eli Lilly 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
0.664
Dividend Share
4.69
Earnings Share
6.78
Revenue Per Share
39.919
Quarterly Revenue Growth
0.26
The market value of Eli Lilly is measured differently than its book value, which is the value of Eli that is recorded on the company's balance sheet. Investors also form their own opinion of Eli Lilly's value that differs from its market value or its book value, called intrinsic value, which is Eli Lilly'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 Eli Lilly's market value can be influenced by many factors that don't directly affect Eli Lilly'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 Eli Lilly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eli Lilly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eli Lilly'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.