Danaher Long Term Debt Total vs Common Stock Analysis

DHR Stock  USD 248.38  1.54  0.62%   
Danaher financial indicator trend analysis is much more than just examining Danaher latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaher is a good investment. Please check the relationship between Danaher Long Term Debt Total and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. 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.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Long Term Debt Total vs Common Stock

Long Term Debt Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaher Long Term Debt Total account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Danaher's Long Term Debt Total and Common Stock is 0.58. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Danaher, assuming nothing else is changed. The correlation between historical values of Danaher's Long Term Debt Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Danaher are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt Total i.e., Danaher's Long Term Debt Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt Total

Common Stock

Most indicators from Danaher's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaher 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. 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.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.At this time, Danaher's Selling General Administrative is relatively stable compared to the past year. As of 05/05/2024, Enterprise Value Over EBITDA is likely to grow to 24.92, while Tax Provision is likely to drop slightly above 828.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit18.0B18.9B14.0B14.7B
Total Revenue29.5B31.5B14.0B10.5B

Danaher fundamental ratios Correlations

0.930.890.930.980.950.80.960.440.980.90.440.810.60.930.890.940.960.960.880.710.370.970.60.650.66
0.930.790.810.850.790.770.820.580.890.810.580.650.480.980.720.80.860.980.730.770.340.890.490.550.56
0.890.790.90.840.850.750.810.270.880.760.270.910.750.850.920.930.780.890.710.590.140.880.80.760.77
0.930.810.90.920.950.810.920.240.940.80.240.890.710.820.940.940.880.880.840.560.520.920.680.720.73
0.980.850.840.920.970.750.990.380.970.920.380.790.570.840.90.950.990.880.940.650.410.940.530.610.62
0.950.790.850.950.970.780.970.250.960.860.250.840.650.780.940.950.950.840.930.560.470.920.570.660.67
0.80.770.750.810.750.780.73-0.070.880.69-0.070.650.390.780.740.780.730.810.730.220.40.910.530.470.48
0.960.820.810.920.990.970.730.350.960.880.350.810.610.810.90.930.970.850.920.640.460.920.540.630.64
0.440.580.270.240.380.25-0.070.350.270.381.00.190.250.550.180.250.410.50.210.930.020.240.10.260.26
0.980.890.880.940.970.960.880.960.270.890.270.810.570.880.90.950.950.920.910.570.410.990.590.620.63
0.90.810.760.80.920.860.690.880.380.890.380.650.360.790.810.910.930.810.950.620.280.880.450.420.43
0.440.580.270.240.380.25-0.070.351.00.270.380.190.250.550.180.250.410.50.210.930.020.240.10.260.26
0.810.650.910.890.790.840.650.810.190.810.650.190.890.730.960.880.70.780.680.540.180.770.880.850.85
0.60.480.750.710.570.650.390.610.250.570.360.250.890.560.780.650.470.610.40.530.130.520.830.950.95
0.930.980.850.820.840.780.780.810.550.880.790.550.730.560.760.820.820.990.690.760.230.890.610.620.63
0.890.720.920.940.90.940.740.90.180.90.810.180.960.780.760.970.830.820.840.540.280.870.780.770.78
0.940.80.930.940.950.950.780.930.250.950.910.250.880.650.820.970.910.870.90.580.280.930.690.670.68
0.960.860.780.880.990.950.730.970.410.950.930.410.70.470.820.830.910.860.940.660.470.920.410.520.54
0.960.980.890.880.880.840.810.850.50.920.810.50.780.610.990.820.870.860.750.740.30.930.640.660.67
0.880.730.710.840.940.930.730.920.210.910.950.210.680.40.690.840.90.940.750.480.460.870.410.440.45
0.710.770.590.560.650.560.220.640.930.570.620.930.540.530.760.540.580.660.740.480.110.530.40.530.53
0.370.340.140.520.410.470.40.460.020.410.280.020.180.130.230.280.280.470.30.460.110.38-0.10.150.16
0.970.890.880.920.940.920.910.920.240.990.880.240.770.520.890.870.930.920.930.870.530.380.580.590.6
0.60.490.80.680.530.570.530.540.10.590.450.10.880.830.610.780.690.410.640.410.4-0.10.580.860.86
0.650.550.760.720.610.660.470.630.260.620.420.260.850.950.620.770.670.520.660.440.530.150.590.861.0
0.660.560.770.730.620.670.480.640.260.630.430.260.850.950.630.780.680.540.670.450.530.160.60.861.0
Click cells to compare fundamentals

Danaher Account Relationship Matchups

Danaher fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.1B76.2B83.2B84.4B84.5B88.7B
Short Long Term Debt Total21.7B21.2B22.2B19.7B19.5B20.5B
Other Current Liab2.5B4.1B4.0B3.9B3.2B3.3B
Total Current Liabilities4.9B7.4B8.1B8.4B8.3B8.7B
Total Stockholder Equity30.3B39.8B45.2B50.1B53.5B56.2B
Property Plant And Equipment Net2.3B3.3B3.8B4.0B4.6B4.8B
Net Debt1.8B15.2B19.6B13.7B13.7B14.4B
Retained Earnings24.2B27.2B32.8B39.2B41.1B43.1B
Cash19.9B6.0B2.6B6.0B5.9B6.2B
Non Current Assets Total36.5B62.4B71.5B68.5B70.6B74.1B
Non Currrent Assets Other1.7B2.4B3.7B4.5B3.6B3.8B
Cash And Short Term Investments19.9B6.0B2.6B6.0B5.9B6.2B
Net Receivables3.2B4.0B4.6B4.9B3.9B4.1B
Common Stock Shares Outstanding725.5M718.7M736.8M737.1M743.1M669.1M
Liabilities And Stockholders Equity62.1B76.2B83.2B84.4B84.5B88.7B
Non Current Liabilities Total26.9B29.0B29.9B25.9B22.7B23.9B
Inventory1.6B2.3B2.8B3.1B2.6B2.7B
Other Current Assets864.6M1.4B1.7B1.9B1.6B1.6B
Other Stockholder Equity7.6B9.7B10.1B12.1B14.2B14.9B
Total Liab31.8B36.4B38.0B34.3B31.0B32.5B
Property Plant And Equipment Gross2.3B3.3B7.3B7.8B8.4B8.8B
Total Current Assets25.6B13.8B11.6B15.9B13.9B14.6B
Accumulated Other Comprehensive Income(3.1B)(368M)(1.0B)(2.9B)(1.7B)(1.7B)
Short Term Debt212.4M11M8M591M1.9B2.0B
Intangible Assets9.7B21.3B22.8B20.3B20.7B21.8B
Other Liab4.7B7.8B7.7B5.9B6.8B3.8B
Other Assets923.4M2.4B3.7B4.5B5.1B5.4B
Long Term Debt21.5B21.2B22.2B19.1B16.7B17.5B
Good Will22.7B35.4B41.2B39.8B41.6B43.7B
Property Plant Equipment2.3B3.3B3.8B4.0B4.5B4.8B
Current Deferred Revenue687.8M1.2B1.6B1.6B1.5B987.2M
Noncontrolling Interest In Consolidated Entity11.3M11M10M8M7.2M6.8M
Retained Earnings Total Equity24.2B27.2B32.8B39.2B45.1B47.3B

Pair Trading with Danaher

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

Moving together with Danaher Stock

  0.74ENSG Ensign GroupPairCorr

Moving against Danaher Stock

  0.57INSP Inspire Medical Systems Earnings Call This WeekPairCorr
  0.52GKOS Glaukos CorpPairCorr
The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher 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 Danaher - 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 Danaher to buy it.
The correlation of Danaher 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 Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher 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 Danaher 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 CorrelationCorrelation Matching
When determining whether Danaher is a strong investment it is important to analyze Danaher's 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 Danaher's future performance. For an informed investment choice regarding Danaher Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. 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.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.
Note that the Danaher information on this page should be used as a complementary analysis to other Danaher'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Danaher's price analysis, check to measure Danaher'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 Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher'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 Danaher. If investors know Danaher 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 Danaher 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
(0.25)
Dividend Share
1.05
Earnings Share
5.44
Revenue Per Share
32.107
Quarterly Revenue Growth
(0.03)
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher'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 Danaher's market value can be influenced by many factors that don't directly affect Danaher'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 Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher'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.