Agilent Interest Expense vs Cost of Revenue Analysis

A Stock

USD 134.22 0.33 0.25%

Agilent Technologies financial indicator trend analysis is way more than just evaluating Agilent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agilent Technologies is a good investment. Please check the relationship between Agilent Technologies Interest Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agilent Technologies Interest Expense account and Cost of Revenue. At this time, the significance of the direction appears to have very week relationship.

The correlation between Agilent Technologies' Interest Expense and Cost of Revenue is 0.24. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Agilent Technologies, assuming nothing else is changed. The correlation between historical values of Agilent Technologies' Interest Expense and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Agilent Technologies are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Interest Expense i.e., Agilent Technologies' Interest Expense and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on Agilent Technologies income statement and represents the costs associated with goods and services Agilent Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Agilent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agilent Technologies 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 Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.At present, Agilent Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.33, whereas Selling General Administrative is forecasted to decline to about 1.4 B.

	2021	2022	2023	2024 (projected)
Interest Expense	84M	95M	85.5M	81.2M
Depreciation And Amortization	287M	271M	243.9M	263.3M

Interest Expense Depreciation And Amortization

Agilent Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Current Deferred Revenue	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Other Liab	Net Debt	Retained Earnings	Cash	Other Assets
Total Assets		-0.15	0.41	0.96	0.15	0.41	0.93	0.18	0.36	-0.76	0.94	0.02	-0.04	0.03	0.98	0.46	0.49	0.92	-0.16	-0.16	0.96	0.31	0.66	0.03	0.18	0.44
Other Current Liab	-0.15		0.7	-0.25	0.79	0.68	-0.12	0.17	0.63	0.62	-0.3	0.86	0.63	0.19	-0.06	0.2	-0.05	0.06	-0.05	-0.04	-0.31	-0.06	0.04	-0.12	-0.45	0.42
Total Current Liabilities	0.41	0.7		0.28	0.58	0.74	0.48	-0.01	0.65	0.03	0.24	0.54	0.31	0.26	0.5	0.26	0.13	0.45	-0.22	-0.22	0.31	0.21	0.46	-0.2	-0.35	0.64
Total Stockholder Equity	0.96	-0.25	0.28		0.15	0.3	0.9	0.11	0.37	-0.79	0.86	-0.01	-0.12	0.11	0.88	0.52	0.42	0.93	-0.26	-0.26	0.92	0.09	0.62	-0.06	0.15	0.32
Property Plant And Equipment Net	0.15	0.79	0.58	0.15		0.72	0.09	0.27	0.76	0.39	-0.05	0.97	0.67	0.18	0.14	0.46	0.2	0.45	-0.09	-0.09	-0.06	-0.24	0.1	-0.08	-0.29	0.24
Accounts Payable	0.41	0.68	0.74	0.3	0.72		0.39	0.28	0.8	0.09	0.31	0.74	0.55	0.12	0.47	0.37	0.36	0.55	-0.08	-0.08	0.29	0.1	0.35	-0.04	-0.28	0.51
Non Current Assets Total	0.93	-0.12	0.48	0.9	0.09	0.39		-0.01	0.47	-0.79	0.85	-0.05	-0.24	0.22	0.91	0.42	0.22	0.87	-0.36	-0.36	0.92	0.24	0.78	-0.19	-0.12	0.56
Non Currrent Assets Other	0.18	0.17	-0.01	0.11	0.27	0.28	-0.01		0.1	0.07	0.21	0.31	0.38	-0.2	0.23	0.42	0.34	0.23	0.3	0.29	0.11	0.16	0.08	0.28	0.3	0.36
Net Receivables	0.36	0.63	0.65	0.37	0.76	0.8	0.47	0.1		-0.05	0.16	0.71	0.28	0.51	0.34	0.6	-0.05	0.62	-0.5	-0.49	0.24	-0.3	0.56	-0.42	-0.64	0.61
Common Stock Shares Outstanding	-0.76	0.62	0.03	-0.79	0.39	0.09	-0.79	0.07	-0.05		-0.74	0.53	0.54	-0.21	-0.68	-0.39	-0.07	-0.61	0.37	0.37	-0.85	-0.1	-0.7	0.21	-0.09	-0.29
Non Current Liabilities Total	0.94	-0.3	0.24	0.86	-0.05	0.31	0.85	0.21	0.16	-0.74		-0.14	-0.08	-0.19	0.95	0.23	0.6	0.79	0.04	0.05	0.95	0.48	0.51	0.22	0.34	0.33
Inventory	0.02	0.86	0.54	-0.01	0.97	0.74	-0.05	0.31	0.71	0.53	-0.14		0.78	0.06	0.04	0.36	0.21	0.31	0.05	0.06	-0.17	-0.22	0.0	0.04	-0.28	0.22
Other Current Assets	-0.04	0.63	0.31	-0.12	0.67	0.55	-0.24	0.38	0.28	0.54	-0.08	0.78		-0.41	0.03	0.16	0.44	0.13	0.53	0.53	-0.18	0.01	-0.19	0.49	0.11	-0.05
Other Stockholder Equity	0.03	0.19	0.26	0.11	0.18	0.12	0.22	-0.2	0.51	-0.21	-0.19	0.06	-0.41		-0.04	0.47	-0.57	0.16	-0.97	-0.97	-0.02	-0.35	0.48	-0.99	-0.61	0.42
Total Liab	0.98	-0.06	0.5	0.88	0.14	0.47	0.91	0.23	0.34	-0.68	0.95	0.04	0.03	-0.04		0.39	0.52	0.87	-0.06	-0.06	0.95	0.46	0.65	0.1	0.19	0.51
Property Plant And Equipment Gross	0.46	0.2	0.26	0.52	0.46	0.37	0.42	0.42	0.6	-0.39	0.23	0.36	0.16	0.47	0.39		-0.13	0.65	-0.43	-0.43	0.36	-0.34	0.72	-0.37	-0.31	0.55
Total Current Assets	0.49	-0.05	0.13	0.42	0.2	0.36	0.22	0.34	-0.05	-0.07	0.6	0.21	0.44	-0.57	0.52	-0.13		0.39	0.52	0.52	0.46	0.39	-0.23	0.61	0.74	-0.16
Current Deferred Revenue	0.92	0.06	0.45	0.93	0.45	0.55	0.87	0.23	0.62	-0.61	0.79	0.31	0.13	0.16	0.87	0.65	0.39		-0.26	-0.26	0.83	0.06	0.68	-0.08	-0.03	0.46
Common Stock Total Equity	-0.16	-0.05	-0.22	-0.26	-0.09	-0.08	-0.36	0.3	-0.5	0.37	0.04	0.05	0.53	-0.97	-0.06	-0.43	0.52	-0.26		1.0	-0.13	0.35	-0.53	0.97	0.58	-0.39
Common Stock	-0.16	-0.04	-0.22	-0.26	-0.09	-0.08	-0.36	0.29	-0.49	0.37	0.05	0.06	0.53	-0.97	-0.06	-0.43	0.52	-0.26	1.0		-0.13	0.35	-0.53	0.97	0.57	-0.4
Short Long Term Debt Total	0.96	-0.31	0.31	0.92	-0.06	0.29	0.92	0.11	0.24	-0.85	0.95	-0.17	-0.18	-0.02	0.95	0.36	0.46	0.83	-0.13	-0.13		0.29	0.66	0.05	0.22	0.42
Other Liab	0.31	-0.06	0.21	0.09	-0.24	0.1	0.24	0.16	-0.3	-0.1	0.48	-0.22	0.01	-0.35	0.46	-0.34	0.39	0.06	0.35	0.35	0.29		-0.03	0.33	0.4	0.12
Net Debt	0.66	0.04	0.46	0.62	0.1	0.35	0.78	0.08	0.56	-0.7	0.51	0.0	-0.19	0.48	0.65	0.72	-0.23	0.68	-0.53	-0.53	0.66	-0.03		-0.43	-0.47	0.77
Retained Earnings	0.03	-0.12	-0.2	-0.06	-0.08	-0.04	-0.19	0.28	-0.42	0.21	0.22	0.04	0.49	-0.99	0.1	-0.37	0.61	-0.08	0.97	0.97	0.05	0.33	-0.43		0.6	-0.36
Cash	0.18	-0.45	-0.35	0.15	-0.29	-0.28	-0.12	0.3	-0.64	-0.09	0.34	-0.28	0.11	-0.61	0.19	-0.31	0.74	-0.03	0.58	0.57	0.22	0.4	-0.47	0.6		-0.46
Other Assets	0.44	0.42	0.64	0.32	0.24	0.51	0.56	0.36	0.61	-0.29	0.33	0.22	-0.05	0.42	0.51	0.55	-0.16	0.46	-0.39	-0.4	0.42	0.12	0.77	-0.36	-0.46

Click cells to compare fundamentals

Agilent Technologies Account Relationship Matchups

Agilent Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.6B	10.7B	10.5B	10.8B	12.4B	9.3B
Other Current Liab	652M	769M	784M	634M	570.6M	635.2M
Total Current Liabilities	1.5B	1.7B	1.9B	1.6B	1.4B	1.4B
Total Stockholder Equity	4.9B	5.4B	5.3B	5.8B	6.7B	4.7B
Property Plant And Equipment Net	845M	945M	1.1B	1.3B	1.1B	863.9M
Non Current Assets Total	6.2B	6.9B	6.7B	6.6B	7.6B	4.6B
Non Currrent Assets Other	201M	396M	511M	424M	381.6M	586.7M
Net Receivables	1.0B	1.2B	1.4B	1.3B	1.2B	797.6M
Common Stock Shares Outstanding	312M	307M	300M	296M	266.4M	305.0M
Liabilities And Stockholders Equity	9.6B	10.7B	10.5B	10.8B	12.4B	9.3B
Non Current Liabilities Total	3.3B	3.6B	3.4B	3.3B	3.8B	2.7B
Inventory	720M	830M	1.0B	1.0B	927.9M	740.7M
Other Current Assets	216M	222M	282M	274M	246.6M	283.8M
Other Stockholder Equity	5.3B	5.3B	5.3B	5.4B	4.8B	5.1B
Total Liab	4.8B	5.3B	5.2B	4.9B	5.7B	4.5B
Property Plant And Equipment Gross	845M	2.1B	2.2B	2.5B	2.9B	3.0B
Total Current Assets	3.4B	3.8B	3.8B	4.2B	3.8B	3.4B
Accumulated Other Comprehensive Income	(522M)	(282M)	(363M)	(327M)	(294.3M)	(309.0M)
Current Deferred Revenue	386M	441M	461M	505M	580.8M	364.3M
Short Long Term Debt Total	2.4B	2.7B	2.8B	2.7B	3.1B	2.2B
Other Liab	876M	879M	633M	462M	531.3M	776.8M
Net Debt	918M	1.2B	1.7B	1.1B	1.3B	1.4B
Retained Earnings	81M	348M	324M	782M	899.3M	854.3M
Cash	1.4B	1.5B	1.1B	1.6B	1.8B	2.2B
Other Assets	601M	820M	670M	554M	498.6M	642.3M
Cash And Short Term Investments	1.4B	1.6B	1.1B	1.6B	1.8B	2.2B
Good Will	4.4B	5.0B	4.8B	4.0B	4.6B	2.4B
Short Term Debt	75M	52M	36M	46M	41.4M	39.3M
Intangible Assets	831M	981M	821M	475M	546.3M	652.9M
Property Plant Equipment	845M	945M	1.1B	1.4B	1.3B	845.4M
Long Term Debt	2.3B	2.7B	2.7B	2.7B	3.1B	2.3B
Long Term Debt Total	2.3B	2.7B	2.7B	2.7B	3.1B	2.3B
Net Tangible Assets	440M	433M	516M	1.4B	1.3B	953.5M

Agilent Technologies Investors Sentiment

The influence of Agilent Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agilent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Agilent Technologies' public news can be used to forecast risks associated with an investment in Agilent. The trend in average sentiment can be used to explain how an investor holding Agilent can time the market purely based on public headlines and social activities around Agilent Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Agilent Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agilent Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agilent Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agilent Technologies.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agilent Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agilent Technologies' short interest history, or implied volatility extrapolated from Agilent Technologies options trading.

Pair Trading with Agilent Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agilent Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agilent Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agilent Stock

0.67	EQ	Equillium Financial Report 9th of May 2024	Pair Corr
0.68	YS	YS Biopharma Report 22nd of April 2024	Pair Corr

Moving against Agilent Stock

0.9	KA	Kineta Inc Financial Report 9th of May 2024	Pair Corr
0.88	DMTK	DermTech Financial Report 2nd of May 2024	Pair Corr
0.78	ME	23Andme Holding	Pair Corr
0.74	VCYT	Veracyte Financial Report 2nd of May 2024	Pair Corr
0.42	VALN	Valneva SE ADR Financial Report 2nd of May 2024	Pair Corr

The ability to find closely correlated positions to Agilent Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilent Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agilent Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agilent Technologies to buy it.

The correlation of Agilent Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agilent Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilent Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Agilent Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Agilent Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agilent Technologies' 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 Agilent Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agilent Technologies Stock:

How To Invest In Agilent

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Is Agilent Stock a good investment?

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What is Agilent Technologies' Net Worth?

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Largest Life Sciences Tools & Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Note that the Agilent Technologies information on this page should be used as a complementary analysis to other Agilent Technologies' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Agilent Stock analysis

When running Agilent Technologies' price analysis, check to measure Agilent Technologies' 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 Agilent Technologies is operating at the current time. Most of Agilent Technologies' value examination focuses on studying past and present price action to predict the probability of Agilent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agilent Technologies' price. Additionally, you may evaluate how the addition of Agilent Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Agilent Technologies' 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 Agilent Technologies. If investors know Agilent 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 Agilent Technologies 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

(0.01)

Dividend Share

0.911

Earnings Share

4.08

Revenue Per Share

22.967

Quarterly Revenue Growth

(0.06)

The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' 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 Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' 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 Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Agilent Interest Expense vs Cost of Revenue Analysis

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Interest Expense

Cost Of Revenue

Agilent Technologies fundamental ratios Correlations

Agilent Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agilent Technologies fundamental ratios Accounts

Agilent Technologies Investors Sentiment

Pair Trading with Agilent Technologies

Moving together with Agilent Stock

Moving against Agilent Stock

Complementary Tools for Agilent Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.98	Total Assets
Inventory	+ 0.97	Property Plant And Equipment Net
Retained Earnings	+ 0.97	Common Stock Total Equity
Retained Earnings	+ 0.97	Common Stock
Total Stockholder Equity	+ 0.96	Total Assets

Retained Earnings	- 0.99	Other Stockholder Equity
Common Stock	- 0.97	Other Stockholder Equity
Common Stock Total Equity	- 0.97	Other Stockholder Equity
Short Long Term Debt Total	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.79	Non Current Assets Total
Common Stock Shares Outstanding	- 0.79	Total Stockholder Equity