AGCO Cash vs Good Will Analysis
AGCO Stock | USD 108.41 1.70 1.54% |
AGCO financial indicator trend analysis is way more than just evaluating AGCO prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGCO is a good investment. Please check the relationship between AGCO Cash and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGCO Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGCO Cash account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AGCO's Cash and Good Will is 0.43. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of AGCO Corporation, assuming nothing else is changed. The correlation between historical values of AGCO's Cash 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 Cash of AGCO Corporation 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 Cash i.e., AGCO's Cash and Good Will go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of AGCO, which is listed under current asset account on AGCO Corporation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AGCO customers. The amounts must be unrestricted with restricted cash listed in a different AGCO account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 AGCO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGCO 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AGCO Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, AGCO's Tax Provision is very stable compared to the past year. As of the 21st of May 2024, Enterprise Value Over EBITDA is likely to grow to 8.42, while Selling General Administrative is likely to drop about 719.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 3.0B | 3.8B | 4.0B | Total Revenue | 11.1B | 12.7B | 14.4B | 15.1B |
AGCO fundamental ratios Correlations
Click cells to compare fundamentals
AGCO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AGCO fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.8B | 8.5B | 9.2B | 10.1B | 11.4B | 12.0B | |
Short Long Term Debt Total | 1.5B | 1.7B | 1.6B | 1.6B | 1.5B | 1.1B | |
Other Current Liab | 162.1M | 231.3M | 221.2M | 2.5B | 2.7B | 2.9B | |
Total Current Liabilities | 2.9B | 3.4B | 3.5B | 4.1B | 4.3B | 4.6B | |
Total Stockholder Equity | 2.9B | 3.0B | 3.4B | 3.9B | 4.7B | 4.9B | |
Property Plant And Equipment Net | 1.6B | 1.7B | 1.6B | 1.8B | 2.1B | 2.2B | |
Net Debt | 1.1B | 623.2M | 730.5M | 796.7M | 937M | 691.1M | |
Retained Earnings | 4.4B | 4.8B | 5.2B | 5.7B | 6.4B | 6.7B | |
Accounts Payable | 914.8M | 855.1M | 1.1B | 1.4B | 1.2B | 696.8M | |
Cash | 432.8M | 1.1B | 889.1M | 789.5M | 595.5M | 415.7M | |
Non Current Assets Total | 4.0B | 4.1B | 4.2B | 4.4B | 5.1B | 2.6B | |
Non Currrent Assets Other | 153M | 179.8M | 293.3M | 268.7M | 326.5M | 342.8M | |
Cash And Short Term Investments | 432.8M | 1.1B | 889.1M | 789.5M | 595.5M | 415.7M | |
Net Receivables | 800.5M | 856M | 991.5M | 1.2B | 1.6B | 905.1M | |
Common Stock Shares Outstanding | 77M | 75.6M | 75.7M | 74.9M | 86.1M | 83.7M | |
Liabilities And Stockholders Equity | 7.8B | 8.5B | 9.2B | 10.1B | 11.4B | 12.0B | |
Non Current Liabilities Total | 2.0B | 2.1B | 2.3B | 2.1B | 2.4B | 1.4B | |
Inventory | 2.1B | 2.0B | 2.6B | 3.2B | 3.4B | 3.6B | |
Other Current Assets | 417.1M | 418.9M | 539.8M | 538.8M | 699.3M | 734.3M | |
Other Stockholder Equity | 4.7M | 30.9M | 3.9M | 30.2M | 4.1M | 3.9M | |
Total Liab | 4.9B | 5.5B | 5.7B | 6.2B | 6.8B | 7.1B | |
Property Plant And Equipment Gross | 1.6B | 1.7B | 1.6B | 1.8B | 4.8B | 5.0B | |
Total Current Assets | 3.7B | 4.4B | 5.0B | 5.7B | 6.3B | 6.7B | |
Accumulated Other Comprehensive Income | (1.6B) | (1.8B) | (1.8B) | (1.8B) | (1.7B) | (1.6B) | |
Good Will | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 863.2M | |
Short Term Debt | 153.4M | 359.7M | 92.9M | 196M | 15.5M | 14.7M | |
Intangible Assets | 501.7M | 455.6M | 392.2M | 364.4M | 308.8M | 444.7M | |
Other Liab | 615.8M | 740.8M | 757M | 737.5M | 848.1M | 447.8M | |
Other Assets | 246.8M | 867M | 462.6M | 482.1M | 554.4M | 582.1M | |
Long Term Debt | 1.2B | 1.3B | 1.4B | 1.3B | 1.4B | 1.1B | |
Property Plant Equipment | 1.4B | 1.5B | 1.6B | 1.6B | 1.8B | 1.2B | |
Current Deferred Revenue | 1.7B | 1.9B | 2.1B | 401.2M | 461.4M | 438.3M | |
Net Tangible Assets | 1.1B | 1.2B | 1.7B | 2.2B | 2.0B | 1.1B | |
Noncontrolling Interest In Consolidated Entity | 53.2M | 38M | 27.9M | 200K | 230K | 218.5K | |
Retained Earnings Total Equity | 4.4B | 4.8B | 5.2B | 5.7B | 6.5B | 4.3B | |
Long Term Debt Total | 1.2B | 1.3B | 1.4B | 1.3B | 1.5B | 1.3B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGCO Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the AGCO information on this page should be used as a complementary analysis to other AGCO's 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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Is AGCO'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 AGCO. If investors know AGCO 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 AGCO 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 (0.27) | Dividend Share 1.16 | Earnings Share 14.78 | Revenue Per Share 187.455 | Quarterly Revenue Growth (0.12) |
The market value of AGCO is measured differently than its book value, which is the value of AGCO that is recorded on the company's balance sheet. Investors also form their own opinion of AGCO's value that differs from its market value or its book value, called intrinsic value, which is AGCO'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 AGCO's market value can be influenced by many factors that don't directly affect AGCO'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 AGCO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGCO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGCO'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.