Adobe Total Assets vs Other Liab Analysis

ADBE Stock

USD 477.56 4.12 0.87%

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

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adobe Systems rporated Total Assets account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Adobe Systems' Total Assets and Other Liab is 0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Adobe Systems Incorporated, assuming nothing else is changed. The correlation between historical values of Adobe Systems' Total Assets and Other Liab 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 Assets of Adobe Systems Incorporated are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Adobe Systems' Total Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Adobe Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Adobe Systems rporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Liab

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

At present, Adobe Systems' 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 0.10, whereas Issuance Of Capital Stock is forecasted to decline to about 289.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	15.4B	17.1B	19.6B	20.6B
Total Revenue	17.6B	19.4B	22.3B	23.4B

Gross Profit Total Revenue

Adobe Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Accounts Payable	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Short Term Debt
Total Assets		0.99	0.96	0.99	0.99	-0.58	0.97	0.93	0.99	0.94	0.92	0.99	0.47	0.92	0.97	-0.91	0.99	0.99	0.96	0.79	0.97	0.59	0.98	-0.51	-0.35	0.05
Other Current Liab	0.99		0.97	0.99	0.99	-0.62	0.98	0.94	0.98	0.96	0.91	0.99	0.44	0.88	0.97	-0.93	0.99	0.99	0.96	0.77	0.96	0.57	0.98	-0.48	-0.39	0.09
Total Current Liabilities	0.96	0.97		0.94	0.94	-0.54	0.93	0.89	0.96	0.93	0.85	0.97	0.37	0.79	0.97	-0.9	0.97	0.94	0.91	0.78	0.94	0.61	0.97	-0.42	-0.41	0.29
Total Stockholder Equity	0.99	0.99	0.94		0.99	-0.63	0.97	0.95	0.97	0.94	0.95	0.98	0.51	0.91	0.95	-0.9	0.97	0.99	0.98	0.75	0.94	0.52	0.97	-0.54	-0.32	0.0
Property Plant And Equipment Net	0.99	0.99	0.94	0.99		-0.64	0.98	0.95	0.97	0.96	0.92	0.97	0.4	0.9	0.97	-0.94	0.97	1.0	0.96	0.76	0.98	0.52	0.98	-0.44	-0.39	-0.02
Net Debt	-0.58	-0.62	-0.54	-0.63	-0.64		-0.73	-0.82	-0.5	-0.75	-0.74	-0.62	-0.08	-0.41	-0.61	0.71	-0.52	-0.64	-0.72	-0.1	-0.5	0.21	-0.64	0.02	0.42	0.27
Retained Earnings	0.97	0.98	0.93	0.97	0.98	-0.73		0.98	0.95	0.98	0.92	0.97	0.34	0.86	0.96	-0.97	0.95	0.98	0.96	0.68	0.94	0.44	0.98	-0.37	-0.45	-0.03
Cash	0.93	0.94	0.89	0.95	0.95	-0.82	0.98		0.9	0.98	0.93	0.94	0.31	0.81	0.93	-0.93	0.91	0.95	0.95	0.6	0.89	0.33	0.95	-0.32	-0.48	-0.06
Non Current Assets Total	0.99	0.98	0.96	0.97	0.97	-0.5	0.95	0.9		0.93	0.85	0.97	0.43	0.93	0.96	-0.9	1.0	0.97	0.91	0.84	0.98	0.68	0.97	-0.48	-0.41	0.09
Non Currrent Assets Other	0.94	0.96	0.93	0.94	0.96	-0.75	0.98	0.98	0.93		0.86	0.95	0.21	0.8	0.97	-0.96	0.93	0.96	0.91	0.66	0.93	0.44	0.96	-0.24	-0.58	0.04
Cash And Short Term Investments	0.92	0.91	0.85	0.95	0.92	-0.74	0.92	0.93	0.85	0.86		0.91	0.57	0.81	0.85	-0.83	0.87	0.92	0.99	0.58	0.83	0.28	0.9	-0.57	-0.12	-0.11
Net Receivables	0.99	0.99	0.97	0.98	0.97	-0.62	0.97	0.94	0.97	0.95	0.91		0.42	0.88	0.95	-0.92	0.98	0.97	0.96	0.75	0.95	0.55	0.99	-0.46	-0.36	0.07
Common Stock Shares Outstanding	0.47	0.44	0.37	0.51	0.4	-0.08	0.34	0.31	0.43	0.21	0.57	0.42		0.45	0.3	-0.17	0.42	0.4	0.53	0.37	0.32	0.29	0.34	-0.96	0.46	0.04
Non Current Liabilities Total	0.92	0.88	0.79	0.91	0.9	-0.41	0.86	0.81	0.93	0.8	0.81	0.88	0.45		0.83	-0.8	0.92	0.9	0.84	0.81	0.91	0.65	0.88	-0.51	-0.3	-0.22
Other Current Assets	0.97	0.97	0.97	0.95	0.97	-0.61	0.96	0.93	0.96	0.97	0.85	0.95	0.3	0.83		-0.93	0.96	0.97	0.92	0.76	0.95	0.56	0.97	-0.35	-0.48	0.16
Other Stockholder Equity	-0.91	-0.93	-0.9	-0.9	-0.94	0.71	-0.97	-0.93	-0.9	-0.96	-0.83	-0.92	-0.17	-0.8	-0.93		-0.9	-0.94	-0.88	-0.68	-0.92	-0.43	-0.95	0.24	0.55	0.03
Total Liab	0.99	0.99	0.97	0.97	0.97	-0.52	0.95	0.91	1.0	0.93	0.87	0.98	0.42	0.92	0.96	-0.9		0.97	0.93	0.83	0.98	0.66	0.98	-0.47	-0.39	0.11
Property Plant And Equipment Gross	0.99	0.99	0.94	0.99	1.0	-0.64	0.98	0.95	0.97	0.96	0.92	0.97	0.4	0.9	0.97	-0.94	0.97		0.96	0.76	0.98	0.52	0.98	-0.44	-0.39	-0.02
Total Current Assets	0.96	0.96	0.91	0.98	0.96	-0.72	0.96	0.95	0.91	0.91	0.99	0.96	0.53	0.84	0.92	-0.88	0.93	0.96		0.65	0.89	0.38	0.95	-0.54	-0.22	-0.04
Short Long Term Debt Total	0.79	0.77	0.78	0.75	0.76	-0.1	0.68	0.6	0.84	0.66	0.58	0.75	0.37	0.81	0.76	-0.68	0.83	0.76	0.65		0.84	0.9	0.74	-0.51	-0.33	0.24
Accounts Payable	0.97	0.96	0.94	0.94	0.98	-0.5	0.94	0.89	0.98	0.93	0.83	0.95	0.32	0.91	0.95	-0.92	0.98	0.98	0.89	0.84		0.64	0.96	-0.39	-0.43	0.06
Intangible Assets	0.59	0.57	0.61	0.52	0.52	0.21	0.44	0.33	0.68	0.44	0.28	0.55	0.29	0.65	0.56	-0.43	0.66	0.52	0.38	0.9	0.64		0.53	-0.42	-0.33	0.35
Current Deferred Revenue	0.98	0.98	0.97	0.97	0.98	-0.64	0.98	0.95	0.97	0.96	0.9	0.99	0.34	0.88	0.97	-0.95	0.98	0.98	0.95	0.74	0.96	0.53		-0.38	-0.41	0.04
Common Stock Total Equity	-0.51	-0.48	-0.42	-0.54	-0.44	0.02	-0.37	-0.32	-0.48	-0.24	-0.57	-0.46	-0.96	-0.51	-0.35	0.24	-0.47	-0.44	-0.54	-0.51	-0.39	-0.42	-0.38		-0.42	-0.09
Short Term Investments	-0.35	-0.39	-0.41	-0.32	-0.39	0.42	-0.45	-0.48	-0.41	-0.58	-0.12	-0.36	0.46	-0.3	-0.48	0.55	-0.39	-0.39	-0.22	-0.33	-0.43	-0.33	-0.41	-0.42		-0.11
Short Term Debt	0.05	0.09	0.29	0.0	-0.02	0.27	-0.03	-0.06	0.09	0.04	-0.11	0.07	0.04	-0.22	0.16	0.03	0.11	-0.02	-0.04	0.24	0.06	0.35	0.04	-0.09	-0.11

Click cells to compare fundamentals

Adobe Systems Account Relationship Matchups

Adobe Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.3B	27.2B	27.2B	29.8B	34.2B	36.0B
Other Current Liab	1.5B	1.8B	1.9B	2.0B	2.3B	2.4B
Total Current Liabilities	5.5B	6.9B	8.1B	8.3B	9.5B	10.0B
Total Stockholder Equity	13.3B	14.8B	14.1B	16.5B	19.0B	19.9B
Property Plant And Equipment Net	2.0B	2.1B	2.3B	2.4B	2.7B	2.9B
Net Debt	230M	829M	397M	(3.1B)	(3.5B)	(3.3B)
Retained Earnings	19.6B	23.9B	28.3B	33.3B	38.3B	40.3B
Cash	4.5B	3.8B	4.2B	7.1B	8.2B	8.6B
Non Current Assets Total	16.1B	18.6B	18.2B	18.7B	21.5B	22.6B
Non Currrent Assets Other	663M	848M	841M	1.2B	1.4B	1.5B
Cash And Short Term Investments	6.0B	5.8B	6.1B	7.8B	9.0B	9.5B
Net Receivables	1.4B	1.9B	2.1B	2.2B	2.6B	2.7B
Common Stock Shares Outstanding	485M	481M	471M	459M	527.9M	533.1M
Liabilities And Stockholders Equity	24.3B	27.2B	27.2B	29.8B	34.2B	36.0B
Non Current Liabilities Total	5.5B	5.5B	5.0B	5.0B	5.8B	6.0B
Other Current Assets	756M	975M	835M	1.0B	1.2B	1.2B
Other Stockholder Equity	(6.2B)	(9.0B)	(14.0B)	(16.5B)	(14.9B)	(14.1B)
Total Liab	11.0B	12.4B	13.1B	13.3B	15.3B	16.0B
Property Plant And Equipment Gross	2.0B	2.1B	2.3B	2.4B	2.7B	2.9B
Total Current Assets	8.1B	8.7B	9.0B	11.1B	12.7B	13.4B
Accumulated Other Comprehensive Income	(158M)	(137M)	(293M)	(285M)	(256.5M)	(243.7M)
Short Long Term Debt Total	4.7B	4.7B	4.6B	4.1B	4.7B	2.4B
Accounts Payable	306M	312M	379M	314M	361.1M	379.2M
Intangible Assets	1.4B	1.8B	1.4B	1.1B	1.3B	667.4M
Current Deferred Revenue	3.6B	4.7B	5.3B	5.8B	6.7B	7.0B
Short Term Investments	1.5B	2.0B	1.9B	701M	806.2M	1.5B
Short Term Debt	92M	97M	587M	73M	84.0M	79.8M
Treasury Stock	(10.6B)	(13.5B)	(17.4B)	(23.8B)	(21.5B)	(20.4B)
Property Plant Equipment	1.3B	1.5B	2.1B	1.9B	2.2B	2.3B
Other Assets	562.7M	2.0B	1.9B	1.6B	1.9B	2.0B
Good Will	10.7B	12.7B	12.8B	12.8B	14.7B	15.5B
Other Liab	1.1B	892M	936M	940M	1.1B	1.1B
Long Term Debt	4.1B	4.1B	3.6B	3.6B	4.2B	2.4B
Net Tangible Assets	(1.9B)	1.2B	256M	(185M)	(166.5M)	(158.2M)
Retained Earnings Total Equity	14.8B	19.6B	23.9B	28.3B	32.6B	34.2B
Long Term Debt Total	988.9M	4.1B	4.1B	3.6B	4.2B	2.4B
Capital Surpluse	6.5B	7.4B	8.4B	9.9B	11.3B	11.9B

Pair Trading with Adobe Systems

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 Adobe Systems 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 Adobe Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adobe Stock

0.86

SentinelOne Financial Report 6th of June 2024

Pair Corr

Moving against Adobe Stock

0.83	NN	Nextnav Acquisition Corp Upward Rally	Pair Corr
0.8	GB	Global Blue Group	Pair Corr
0.77	VERI	Veritone Financial Report 7th of May 2024	Pair Corr
0.75	DTSS	Datasea Tech Boost	Pair Corr
0.55	SQ	Block Inc Aggressive Push	Pair Corr

The ability to find closely correlated positions to Adobe Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adobe Systems 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 Adobe Systems - 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 Adobe Systems Incorporated to buy it.

The correlation of Adobe Systems 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 Adobe Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adobe Systems rporated 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 Adobe Systems 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 Adobe Systems rporated is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:

How To Invest In Adobe

Details

Is Adobe Stock a good investment?

Details

What is Adobe Systems' Net Worth?

Details

Largest Application Software Companies

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Largest Software - Infrastructure Companies

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

Note that the Adobe Systems rporated information on this page should be used as a complementary analysis to other Adobe Systems' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Adobe Stock analysis

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

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Is Adobe Systems' 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 Adobe Systems. If investors know Adobe 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 Adobe Systems 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

(0.50)

Earnings Share

10.45

Revenue Per Share

43.762

Quarterly Revenue Growth

0.113

Return On Assets

0.1572

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

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Adobe Total Assets vs Other Liab Analysis

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

Correlation Coefficient

Total Assets

Other Liab

Adobe Systems fundamental ratios Correlations

Adobe Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adobe Systems fundamental ratios Accounts

Pair Trading with Adobe Systems

Moving together with Adobe Stock

Moving against Adobe Stock

Complementary Tools for Adobe Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Other Current Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.96	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.96	Non Currrent Assets Other
Current Deferred Revenue	- 0.95	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Property Plant And Equipment Net