Alphabet Current Ratio vs Free Cash Flow per Share Analysis
GOOG Stock | USD 157.46 0.58 0.37% |
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class C prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class C is a good investment. Please check the relationship between Alphabet Current Ratio and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Current Ratio vs Free Cash Flow Per Share
Current Ratio vs Free Cash Flow per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class C Current Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alphabet's Current Ratio and Free Cash Flow per Share is -0.67. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Alphabet Inc Class C, assuming nothing else is changed. The correlation between historical values of Alphabet's Current Ratio and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Alphabet Inc Class C are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Current Ratio i.e., Alphabet's Current Ratio and Free Cash Flow per Share go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class C 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 Alphabet Inc Class C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Alphabet's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 146.7B | 156.6B | 174.1B | 182.8B | Total Revenue | 257.6B | 282.8B | 307.4B | 322.8B |
Alphabet fundamental ratios Correlations
Click cells to compare fundamentals
Alphabet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alphabet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Total Stockholder Equity | 201.4B | 222.5B | 251.6B | 256.1B | 283.4B | 297.5B | |
Other Assets | 3.1B | 5.0B | 1M | 11.9B | 13.7B | 14.3B | |
Common Stock Shares Outstanding | 14.0B | 13.7B | 13.6B | 13.2B | 12.7B | 14.3B | |
Liabilities And Stockholders Equity | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Other Stockholder Equity | (1.2B) | 633M | (1.6B) | 68.2B | 76.5B | 80.4B | |
Total Liab | 74.5B | 97.1B | 107.6B | 109.1B | 119.0B | 125.0B | |
Short Long Term Debt Total | 14.8B | 25.1B | 26.2B | 27.2B | 28.5B | 29.9B | |
Other Current Liab | 36.6B | 47.0B | 52.7B | 51.0B | 67.4B | 70.8B | |
Total Current Liabilities | 45.2B | 56.8B | 64.3B | 69.3B | 81.8B | 85.9B | |
Property Plant And Equipment Net | 84.6B | 97.0B | 110.6B | 127.0B | 148.4B | 155.9B | |
Current Deferred Revenue | 1.9B | 2.5B | 3.3B | 3.9B | 4.1B | 4.3B | |
Net Debt | (3.7B) | (1.4B) | 5.3B | 5.3B | 4.5B | 4.7B | |
Retained Earnings | 152.1B | 163.4B | 191.5B | 195.6B | 211.2B | 221.8B | |
Accounts Payable | 5.6B | 5.6B | 6.0B | 5.1B | 7.5B | 7.9B | |
Cash | 18.5B | 26.5B | 20.9B | 21.9B | 24.0B | 13.9B | |
Non Current Assets Total | 123.3B | 145.3B | 171.1B | 200.5B | 230.9B | 242.4B | |
Non Currrent Assets Other | 2.3B | 4.0B | 5.4B | 6.6B | 10.1B | 10.6B | |
Cash And Short Term Investments | 119.7B | 136.7B | 139.6B | 113.8B | 110.9B | 65.9B | |
Net Receivables | 27.5B | 31.4B | 40.3B | 40.3B | 48.0B | 50.4B | |
Common Stock Total Equity | 50.6B | 58.5B | 61.8B | 68.2B | 78.4B | 82.3B | |
Short Term Investments | 101.2B | 110.2B | 118.7B | 91.9B | 86.9B | 52.1B | |
Non Current Liabilities Total | 29.2B | 40.2B | 43.4B | 39.8B | 37.2B | 39.1B | |
Other Current Assets | 4.4B | 5.5B | 7.1B | 8.1B | 12.7B | 13.3B | |
Property Plant And Equipment Gross | 115.1B | 138.7B | 160.0B | 186.1B | 215.9B | 226.7B | |
Total Current Assets | 152.6B | 174.3B | 188.1B | 164.8B | 171.5B | 180.1B | |
Accumulated Other Comprehensive Income | (1.2B) | 633M | (1.6B) | (7.6B) | (4.4B) | (4.2B) | |
Short Term Debt | 1.2B | 1.7B | 2.2B | 2.5B | 2.8B | 2.6B | |
Intangible Assets | 2.0B | 1.4B | 1.4B | 2.1B | 2.4B | 2.2B | |
Common Stock | 50.6B | 58.5B | 61.8B | 68.2B | 76.5B | 80.4B | |
Property Plant Equipment | 84.6B | 97.0B | 110.6B | 127.0B | 146.1B | 153.4B | |
Good Will | 20.6B | 21.2B | 23.0B | 29.0B | 29.2B | 14.8B | |
Inventory | 999M | 728M | 1.2B | 2.7B | 3.1B | 3.2B | |
Other Liab | 14.5B | 15.2B | 17.2B | 12.6B | 14.5B | 13.6B | |
Net Tangible Assets | 178.8B | 199.9B | 227.3B | 225.1B | 258.9B | 174.2B | |
Long Term Debt | 4.0B | 13.9B | 14.8B | 12.9B | 11.9B | 8.2B | |
Long Term Investments | 13.1B | 20.7B | 29.5B | 30.5B | 31.0B | 17.7B | |
Retained Earnings Total Equity | 152.1B | 163.4B | 191.5B | 195.6B | 224.9B | 157.4B | |
Long Term Debt Total | 4.6B | 13.9B | 14.8B | 14.7B | 16.9B | 8.5B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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Is Alphabet'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 Alphabet. If investors know Alphabet 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 Alphabet 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 0.56 | Earnings Share 5.8 | Revenue Per Share 24.338 | Quarterly Revenue Growth 0.135 | Return On Assets 0.1437 |
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.