Koninklijke Long Term Investments vs Good Will Analysis

PHG Stock  USD 21.07  0.35  1.69%   
Koninklijke Philips financial indicator trend analysis is infinitely more than just investigating Koninklijke Philips recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koninklijke Philips is a good investment. Please check the relationship between Koninklijke Philips Long Term Investments and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. 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.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Koninklijke Philips Long Term Investments account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Koninklijke Philips' Long Term Investments and Good Will is 0.45. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Koninklijke Philips NV, assuming nothing else is changed. The correlation between historical values of Koninklijke Philips' Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Koninklijke Philips NV are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Koninklijke Philips' Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Koninklijke Philips balance sheet that represents investments Koninklijke Philips intends to hold for over a year. Koninklijke Philips NV long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Koninklijke Philips' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koninklijke Philips 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. 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.
At this time, Koninklijke Philips' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense188M258M306M290.7M
Depreciation And Amortization1.5B1.6B1.3B1.2B

Koninklijke Philips fundamental ratios Correlations

-0.280.420.380.75-0.5-0.210.380.360.85-0.550.35-0.09-0.30.74-0.18-0.23-0.130.80.2-0.590.670.6-0.64-0.29-0.67
-0.28-0.48-0.22-0.420.670.89-0.84-0.55-0.190.73-0.590.180.080.290.720.650.01-0.03-0.10.74-0.74-0.850.710.520.69
0.42-0.480.540.19-0.59-0.540.180.260.33-0.620.270.19-0.430.29-0.35-0.4-0.110.440.37-0.470.510.51-0.55-0.88-0.46
0.38-0.220.54-0.18-0.1-0.370.190.310.03-0.010.310.66-0.110.270.26-0.22-0.210.70.880.040.220.52-0.09-0.17-0.15
0.75-0.420.19-0.18-0.72-0.320.480.290.89-0.760.3-0.6-0.440.39-0.59-0.270.110.21-0.34-0.820.810.55-0.83-0.33-0.77
-0.50.67-0.59-0.1-0.720.68-0.42-0.28-0.670.93-0.320.430.65-0.140.820.55-0.18-0.080.140.87-0.9-0.730.950.710.78
-0.210.89-0.54-0.37-0.320.68-0.78-0.67-0.170.66-0.70.120.330.230.630.720.12-0.02-0.260.68-0.74-0.860.690.510.71
0.38-0.840.180.190.48-0.42-0.780.730.22-0.510.74-0.240.03-0.17-0.45-0.54-0.190.130.16-0.640.660.79-0.57-0.16-0.7
0.36-0.550.260.310.29-0.28-0.670.730.15-0.40.99-0.20.010.01-0.31-0.64-0.270.280.3-0.460.460.64-0.44-0.17-0.63
0.85-0.190.330.030.89-0.67-0.170.220.15-0.680.15-0.44-0.610.7-0.35-0.250.080.46-0.23-0.720.760.46-0.77-0.34-0.71
-0.550.73-0.62-0.01-0.760.930.66-0.51-0.4-0.68-0.430.470.51-0.160.850.6-0.14-0.130.230.94-0.89-0.720.970.760.85
0.35-0.590.270.310.3-0.32-0.70.740.990.15-0.43-0.210.02-0.05-0.36-0.62-0.140.250.28-0.480.480.66-0.47-0.2-0.61
-0.090.180.190.66-0.60.430.12-0.24-0.2-0.440.47-0.210.240.010.520.34-0.280.350.770.56-0.39-0.060.470.080.42
-0.30.08-0.43-0.11-0.440.650.330.030.01-0.610.510.020.24-0.420.260.260.0-0.050.090.51-0.59-0.320.610.450.5
0.740.290.290.270.39-0.140.23-0.170.010.7-0.16-0.050.01-0.420.26-0.01-0.310.770.15-0.220.240.09-0.26-0.09-0.33
-0.180.72-0.350.26-0.590.820.63-0.45-0.31-0.350.85-0.360.520.260.260.47-0.250.280.370.76-0.68-0.540.780.650.62
-0.230.65-0.4-0.22-0.270.550.72-0.54-0.64-0.250.6-0.620.340.26-0.010.470.24-0.14-0.020.68-0.59-0.660.630.320.74
-0.130.01-0.11-0.210.11-0.180.12-0.19-0.270.08-0.14-0.14-0.280.0-0.31-0.250.24-0.29-0.440.030.05-0.1-0.06-0.090.25
0.8-0.030.440.70.21-0.08-0.020.130.280.46-0.130.250.35-0.050.770.28-0.14-0.290.57-0.150.260.39-0.21-0.11-0.32
0.2-0.10.370.88-0.340.14-0.260.160.3-0.230.230.280.770.090.150.37-0.02-0.440.570.25-0.050.330.16-0.030.03
-0.590.74-0.470.04-0.820.870.68-0.64-0.46-0.720.94-0.480.560.51-0.220.760.680.03-0.150.25-0.92-0.750.960.550.93
0.67-0.740.510.220.81-0.9-0.740.660.460.76-0.890.48-0.39-0.590.24-0.68-0.590.050.26-0.05-0.920.88-0.96-0.54-0.92
0.6-0.850.510.520.55-0.73-0.860.790.640.46-0.720.66-0.06-0.320.09-0.54-0.66-0.10.390.33-0.750.88-0.8-0.42-0.83
-0.640.71-0.55-0.09-0.830.950.69-0.57-0.44-0.770.97-0.470.470.61-0.260.780.63-0.06-0.210.160.96-0.96-0.80.640.92
-0.290.52-0.88-0.17-0.330.710.51-0.16-0.17-0.340.76-0.20.080.45-0.090.650.32-0.09-0.11-0.030.55-0.54-0.420.640.46
-0.670.69-0.46-0.15-0.770.780.71-0.7-0.63-0.710.85-0.610.420.5-0.330.620.740.25-0.320.030.93-0.92-0.830.920.46
Click cells to compare fundamentals

Koninklijke Philips Account Relationship Matchups

Koninklijke Philips fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.0B27.7B31.0B30.7B29.4B31.5B
Short Long Term Debt Total5.4B6.9B7.0B8.2B7.6B4.8B
Other Current Liab3.2B3.1B3.6B3.3B3.9B2.7B
Total Current Liabilities6.9B7.7B7.5B7.9B8.3B7.3B
Total Stockholder Equity12.6B11.9B14.4B13.2B12.0B13.3B
Property Plant And Equipment Net2.9B2.7B2.7B2.6B2.5B3.9B
Net Debt4.0B3.7B4.7B7.0B5.7B6.0B
Retained Earnings8.3B7.8B9.3B6.8B5.4B10.7B
Cash1.4B3.2B2.3B1.2B1.9B2.8B
Non Currrent Assets Other226M303M355M381M290M275.5M
Cash And Short Term Investments1.4B3.2B2.3B1.2B1.9B2.8B
Net Receivables4.7B4.3B4.0B4.3B4.3B4.3B
Common Stock Shares Outstanding972.8M957.6M950.3M881.6M958.5M1.2B
Liabilities And Stockholders Equity27.0B27.7B31.0B30.7B29.4B31.5B
Non Current Liabilities Total7.4B8.1B9.0B9.5B9.1B8.0B
Inventory2.8B3.0B3.5B4.0B3.5B3.2B
Other Current Assets477M424M493M490M321M440.4M
Other Stockholder Equity3.5B4.2B4.2B4.8B5.6B5.8B
Total Liab14.4B15.8B16.5B17.4B17.3B18.0B
Total Current Assets9.4B11.2B10.3B10.3B9.9B10.2B
Short Term Debt508M1.2B506M931M654M621.3M
Intangible Assets3.5B3.0B3.7B3.5B3.2B3.0B
Accounts Payable2.1B2.1B1.9B2.0B1.9B2.3B
Common Stock179M182M177M178M183M294.2M
Current Deferred Revenue1.2B1.2B1.5B1.7B1.8B1.9B
Short Term Investments436M1M0.011M3M2.9M
Accumulated Other Comprehensive Income652M(340M)748M1.5B879M835.1M
Other Liab2.5B2.4B2.6B2.2B2.5B4.1B
Other Assets2.9B2.7B2.7B1M2.3B2.5B
Long Term Debt3.8B5.7B6.5B7.3B6.1B5.1B
Good Will8.7B8.0B10.6B10.2B9.9B7.2B
Property Plant Equipment2.9B2.7B2.7B2.6B2.4B3.3B
Property Plant And Equipment Gross2.9B2.7B6.0B6.2B7.2B3.7B
Treasury Stock(399M)(201M)(199M)(476M)(547.4M)(574.8M)
Deferred Long Term Liab592M621M598M393M353.7M515.0M
Long Term Investments481M670M1.1B1.2B1B825.7M
Short Long Term Debt110M1.2B506M931M654M804.8M
Net Tangible Assets1.1B1.5B151M(122M)(109.8M)(104.3M)

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When determining whether Koninklijke Philips is a strong investment it is important to analyze Koninklijke Philips' 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 Koninklijke Philips' future performance. For an informed investment choice regarding Koninklijke Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Koninklijke Philips NV. 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.
Note that the Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' 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 Transaction History module to view history of all your transactions and understand their impact on performance.

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Is Koninklijke Philips' 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 Koninklijke Philips. If investors know Koninklijke 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 Koninklijke Philips 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
(0.72)
Earnings Share
(0.51)
Revenue Per Share
19.804
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0087
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' 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 Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' 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 Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.