Guardant Total Current Liabilities vs Capital Surpluse Analysis
GH Stock | USD 27.47 1.38 5.29% |
Guardant Health financial indicator trend analysis is much more than just examining Guardant Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardant Health is a good investment. Please check the relationship between Guardant Health Total Current Liabilities and its Capital Surpluse accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. 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. For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
Total Current Liabilities vs Capital Surpluse
Total Current Liabilities vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardant Health Total Current Liabilities account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guardant Health's Total Current Liabilities and Capital Surpluse is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Guardant Health, assuming nothing else is changed. The correlation between historical values of Guardant Health's Total Current Liabilities and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Guardant Health are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Current Liabilities i.e., Guardant Health's Total Current Liabilities and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Guardant Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guardant Health are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Capital Surpluse
Most indicators from Guardant Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardant Health 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 Guardant Health. 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. For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.As of now, Guardant Health's Tax Provision is increasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Selling General Administrative is projected to decrease to under 118.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 250.7M | 293.2M | 336.9M | 177.0M | Total Revenue | 373.7M | 449.5M | 563.9M | 282.4M |
Guardant Health fundamental ratios Correlations
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Guardant Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guardant Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 962.5M | 2.3B | 2.2B | 1.6B | 1.8B | 1.4B | |
Short Long Term Debt Total | 33.3M | 847.9M | 1.4B | 1.4B | 1.4B | 685.2M | |
Other Current Liab | 37.1M | 44.3M | 152.9M | (21.9M) | 108.3M | 113.7M | |
Total Current Liabilities | 72.7M | 66.8M | 194.7M | 193.2M | 205.9M | 112.0M | |
Total Stockholder Equity | 798.4M | 1.3B | 645.0M | 60.2M | 158.7M | 150.7M | |
Other Liab | 8.6M | 1.5M | 3.9M | 9.2M | 8.3M | 6.7M | |
Net Tangible Assets | 779.7M | 1.3B | 627.5M | 45.2M | 51.9M | 49.3M | |
Property Plant And Equipment Net | 72.8M | 100.1M | 313.9M | 341.9M | 302.7M | 163.8M | |
Current Deferred Revenue | 12.3M | 8.6M | 11.3M | 17.4M | 18.0M | 12.2M | |
Net Debt | (110.0M) | 14.9M | 868.7M | 1.2B | 220.2M | 274.0M | |
Retained Earnings | (352.8M) | (606.6M) | (1.0B) | (1.7B) | (2.1B) | (2.0B) | |
Accounts Payable | 16.2M | 7.3M | 17.6M | 175.8M | 51.7M | 39.5M | |
Cash | 143.2M | 833.0M | 492.2M | 141.6M | 1.1B | 1.2B | |
Non Current Assets Total | 365.2M | 383.4M | 1.1B | 418.4M | 439.3M | 402.7M | |
Non Currrent Assets Other | 4.9M | 17.2M | 60.9M | 61.5M | 124.2M | 130.4M | |
Other Assets | 4.9M | 17.2M | 60.9M | 36.5M | 41.9M | 44.0M | |
Cash And Short Term Investments | 522.8M | 1.8B | 932.7M | 1.0B | 1.2B | 847.8M | |
Net Receivables | 48.0M | 53.3M | 97.7M | 97.3M | 88.8M | 60.1M | |
Common Stock Shares Outstanding | 90.6M | 97.5M | 101.3M | 102.2M | 112.0M | 92.9M | |
Short Term Investments | 379.6M | 961.9M | 440.5M | 869.6M | 35.1M | 33.3M | |
Liabilities And Stockholders Equity | 962.5M | 2.3B | 2.2B | 1.6B | 1.8B | 1.4B | |
Non Current Liabilities Total | 41.8M | 849.4M | 1.4B | 1.4B | 1.4B | 1.5B | |
Capital Surpluse | 1.2B | 1.9B | 1.7B | 1.7B | 2.0B | 1.1B | |
Capital Lease Obligations | 40.4M | 41.6M | 226.1M | 231.9M | 213.8M | 224.5M | |
Inventory | 15.2M | 22.7M | 30.7M | 51.6M | 61.9M | 65.0M | |
Other Current Assets | 11.4M | 17.5M | 53.1M | 31.5M | 27.7M | 20.6M | |
Other Stockholder Equity | 1.2B | 1.9B | 1.7B | 1.7B | 2.3B | 1.3B | |
Total Liab | 114.5M | 916.2M | 1.6B | 1.5B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 72.8M | 100.1M | 313.9M | 341.9M | 430.0M | 451.5M | |
Total Current Assets | 597.4M | 1.9B | 1.1B | 1.2B | 1.3B | 956.1M | |
Accumulated Other Comprehensive Income | 1.1M | 2.7M | (4.8M) | (19.5M) | (3.7M) | (3.9M) | |
Non Current Liabilities Other | 8.6M | 43.1M | 3.9M | 9.2M | 96.0M | 100.8M | |
Short Term Debt | 7.1M | 6.6M | 12.9M | 21.9M | 28.0M | 29.3M | |
Property Plant Equipment | 72.8M | 62.8M | 313.9M | 167.9M | 193.1M | 106.4M | |
Net Invested Capital | 798.4M | 2.1B | 1.8B | 1.2B | 1.3B | 1.2B | |
Net Working Capital | 524.6M | 1.8B | 919.4M | 998.4M | 1.1B | 950.8M | |
Intangible Assets | 15.4M | 16.2M | 14.2M | 11.7M | 9.0M | 13.1M |
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When determining whether Guardant Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Guardant Health'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 Guardant Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Guardant Health Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. 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. For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.Note that the Guardant Health information on this page should be used as a complementary analysis to other Guardant Health'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Guardant Health's price analysis, check to measure Guardant Health'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 Guardant Health is operating at the current time. Most of Guardant Health's value examination focuses on studying past and present price action to predict the probability of Guardant Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardant Health's price. Additionally, you may evaluate how the addition of Guardant Health to your portfolios can decrease your overall portfolio volatility.
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Is Guardant Health'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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.92) | Revenue Per Share 5.171 | Quarterly Revenue Growth 0.309 | Return On Assets (0.17) | Return On Equity (38.84) |
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.