GlaxoSmithKline Long Term Debt vs Intangible Assets Analysis
GSK Stock | USD 35.21 0.78 2.17% |
GlaxoSmithKline PLC financial indicator trend analysis is much more than just examining GlaxoSmithKline PLC ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlaxoSmithKline PLC ADR is a good investment. Please check the relationship between GlaxoSmithKline PLC Long Term Debt and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlaxoSmithKline PLC ADR Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between GlaxoSmithKline PLC's Long Term Debt and Intangible Assets is 0.38. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of GlaxoSmithKline PLC ADR, assuming nothing else is changed. The correlation between historical values of GlaxoSmithKline PLC's Long Term Debt and Intangible Assets 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 Debt of GlaxoSmithKline PLC ADR are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., GlaxoSmithKline PLC's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that GlaxoSmithKline PLC ADR has held for over one year. Long-term debt appears on GlaxoSmithKline PLC ADR balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GlaxoSmithKline PLC ADR balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from GlaxoSmithKline PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlaxoSmithKline PLC ADR 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 GlaxoSmithKline PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, GlaxoSmithKline PLC's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 12.7 B this year, although Enterprise Value Over EBITDA will most likely fall to 7.68.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 784M | 879M | 775M | 502.2M | Depreciation And Amortization | 2.1B | 2.1B | 2.3B | 2.4B |
GlaxoSmithKline PLC fundamental ratios Correlations
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GlaxoSmithKline PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GlaxoSmithKline PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 79.7B | 80.4B | 79.1B | 60.1B | 59.0B | 32.8B | |
Short Long Term Debt Total | 30.5B | 27.2B | 24.2B | 21.0B | 18.0B | 11.0B | |
Other Current Liab | 755M | 13.5B | 15.0B | 14.5B | 13.8B | 14.5B | |
Total Current Liabilities | 24.1B | 22.1B | 23.7B | 22.8B | 21.1B | 11.2B | |
Total Stockholder Equity | 12.0B | 14.6B | 15.1B | 10.6B | 13.3B | 14.0B | |
Property Plant And Equipment Net | 11.3B | 11.0B | 10.7B | 9.6B | 10.0B | 7.2B | |
Net Debt | 25.8B | 20.9B | 19.9B | 17.3B | 15.3B | 8.3B | |
Accounts Payable | 14.9B | 4.4B | 4.5B | 3.9B | 3.7B | 5.1B | |
Cash | 4.7B | 6.3B | 4.3B | 3.7B | 2.7B | 2.7B | |
Non Current Assets Total | 60.2B | 60.2B | 60.4B | 39.4B | 40.4B | 20.9B | |
Non Currrent Assets Other | 1.2B | 1.1B | 1.8B | 5.3B | 8.1B | 8.5B | |
Cash And Short Term Investments | 4.8B | 6.4B | 4.3B | 7.9B | 5.0B | 4.0B | |
Common Stock Shares Outstanding | 4.0B | 2.0B | 1.6B | 2.0B | 4.1B | 4.3B | |
Liabilities And Stockholders Equity | 79.7B | 80.4B | 79.1B | 60.1B | 59.0B | 32.8B | |
Non Current Liabilities Total | 37.3B | 37.5B | 34.1B | 27.2B | 25.1B | 14.3B | |
Inventory | 5.9B | 6.0B | 5.8B | 5.1B | 5.5B | 3.0B | |
Other Stockholder Equity | 4.9B | 3.3B | 3.3B | 3.4B | 3.5B | 2.8B | |
Total Liab | 61.3B | 59.6B | 57.8B | 50.1B | 46.2B | 25.5B | |
Property Plant And Equipment Gross | 10.3B | 11.0B | 10.7B | 9.6B | 20.2B | 21.2B | |
Total Current Assets | 19.5B | 20.2B | 18.7B | 20.8B | 18.6B | 11.9B | |
Capital Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Short Term Debt | 6.9B | 3.7B | 3.6B | 4.0B | 2.8B | 2.2B | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Retained Earnings | 5.1B | 6.8B | 7.9B | 4.4B | 7.7B | 8.1B | |
Accumulated Other Comprehensive Income | 641M | 1.6B | 642M | (48M) | 805M | 845.3M | |
Intangible Assets | 31.0B | 29.8B | 30.1B | 14.3B | 14.8B | 11.4B | |
Other Liab | 13.7B | 14.1B | 13.5B | 10.2B | 11.7B | 14.2B | |
Long Term Debt | 22.6B | 23.4B | 20.6B | 17.0B | 14.2B | 17.5B | |
Good Will | 10.6B | 10.6B | 10.6B | 7.0B | 6.8B | 5.3B | |
Other Current Assets | 1.6B | 1.9B | 1.7B | 1.4B | 1.6B | 1.5B | |
Property Plant Equipment | 11.3B | 11.0B | 10.7B | 9.6B | 8.7B | 9.7B | |
Current Deferred Revenue | 1.4B | 1.8B | 1.6B | 299M | 222M | 233.1M | |
Other Assets | 5.1B | 5.3B | 6.9B | 6.9B | 7.9B | 5.4B | |
Net Receivables | 7.1B | 5.5B | 6.2B | 5.5B | 5.9B | 6.1B | |
Net Tangible Assets | (30.1B) | (25.8B) | (25.6B) | (10.8B) | (12.4B) | (13.0B) | |
Short Long Term Debt | 6.7B | 3.5B | 3.4B | 3.8B | 2.7B | 4.3B |
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Is Pharmaceuticals space 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 GlaxoSmithKline PLC. If investors know GlaxoSmithKline 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 GlaxoSmithKline PLC 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 (0.28) | Dividend Share 0.61 | Earnings Share 1.55 | Revenue Per Share 15.38 | Quarterly Revenue Growth (0.02) |
The market value of GlaxoSmithKline PLC ADR is measured differently than its book value, which is the value of GlaxoSmithKline that is recorded on the company's balance sheet. Investors also form their own opinion of GlaxoSmithKline PLC's value that differs from its market value or its book value, called intrinsic value, which is GlaxoSmithKline PLC'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 GlaxoSmithKline PLC's market value can be influenced by many factors that don't directly affect GlaxoSmithKline PLC'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 GlaxoSmithKline PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlaxoSmithKline PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlaxoSmithKline PLC'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.