Danaher Net Debt vs Other Current Assets Analysis

DHR Stock

USD 264.84 1.38 0.52%

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 Net Debt and its Other Current Assets 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.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaher Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Danaher's Net Debt and Other Current Assets is 0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Danaher, assuming nothing else is changed. The correlation between historical values of Danaher's Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Danaher are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Danaher's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 05/17/2024, 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 Profit	18.0B	18.9B	14.0B	14.7B
Total Revenue	29.5B	31.5B	14.0B	10.5B

Gross Profit Total Revenue

Danaher fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.93	0.89	0.93	0.98	0.95	0.8	0.96	0.44	0.98	0.9	0.44	0.81	0.6	0.93	0.89	0.94	0.96	0.96	0.88	0.71	0.37	0.97	0.6	0.65	0.66
Short Long Term Debt Total	0.93		0.79	0.81	0.85	0.79	0.77	0.82	0.58	0.89	0.81	0.58	0.65	0.48	0.98	0.72	0.8	0.86	0.98	0.73	0.77	0.34	0.89	0.49	0.55	0.56
Other Current Liab	0.89	0.79		0.9	0.84	0.85	0.75	0.81	0.27	0.88	0.76	0.27	0.91	0.75	0.85	0.92	0.93	0.78	0.89	0.71	0.59	0.14	0.88	0.8	0.76	0.77
Total Current Liabilities	0.93	0.81	0.9		0.92	0.95	0.81	0.92	0.24	0.94	0.8	0.24	0.89	0.71	0.82	0.94	0.94	0.88	0.88	0.84	0.56	0.52	0.92	0.68	0.72	0.73
Total Stockholder Equity	0.98	0.85	0.84	0.92		0.97	0.75	0.99	0.38	0.97	0.92	0.38	0.79	0.57	0.84	0.9	0.95	0.99	0.88	0.94	0.65	0.41	0.94	0.53	0.61	0.62
Property Plant And Equipment Net	0.95	0.79	0.85	0.95	0.97		0.78	0.97	0.25	0.96	0.86	0.25	0.84	0.65	0.78	0.94	0.95	0.95	0.84	0.93	0.56	0.47	0.92	0.57	0.66	0.67
Net Debt	0.8	0.77	0.75	0.81	0.75	0.78		0.73	-0.07	0.88	0.69	-0.07	0.65	0.39	0.78	0.74	0.78	0.73	0.81	0.73	0.22	0.4	0.91	0.53	0.47	0.48
Retained Earnings	0.96	0.82	0.81	0.92	0.99	0.97	0.73		0.35	0.96	0.88	0.35	0.81	0.61	0.81	0.9	0.93	0.97	0.85	0.92	0.64	0.46	0.92	0.54	0.63	0.64
Cash	0.44	0.58	0.27	0.24	0.38	0.25	-0.07	0.35		0.27	0.38	1.0	0.19	0.25	0.55	0.18	0.25	0.41	0.5	0.21	0.93	0.02	0.24	0.1	0.26	0.26
Non Current Assets Total	0.98	0.89	0.88	0.94	0.97	0.96	0.88	0.96	0.27		0.89	0.27	0.81	0.57	0.88	0.9	0.95	0.95	0.92	0.91	0.57	0.41	0.99	0.59	0.62	0.63
Non Currrent Assets Other	0.9	0.81	0.76	0.8	0.92	0.86	0.69	0.88	0.38	0.89		0.38	0.65	0.36	0.79	0.81	0.91	0.93	0.81	0.95	0.62	0.28	0.88	0.45	0.42	0.43
Cash And Short Term Investments	0.44	0.58	0.27	0.24	0.38	0.25	-0.07	0.35	1.0	0.27	0.38		0.19	0.25	0.55	0.18	0.25	0.41	0.5	0.21	0.93	0.02	0.24	0.1	0.26	0.26
Net Receivables	0.81	0.65	0.91	0.89	0.79	0.84	0.65	0.81	0.19	0.81	0.65	0.19		0.89	0.73	0.96	0.88	0.7	0.78	0.68	0.54	0.18	0.77	0.88	0.85	0.85
Common Stock Shares Outstanding	0.6	0.48	0.75	0.71	0.57	0.65	0.39	0.61	0.25	0.57	0.36	0.25	0.89		0.56	0.78	0.65	0.47	0.61	0.4	0.53	0.13	0.52	0.83	0.95	0.95
Non Current Liabilities Total	0.93	0.98	0.85	0.82	0.84	0.78	0.78	0.81	0.55	0.88	0.79	0.55	0.73	0.56		0.76	0.82	0.82	0.99	0.69	0.76	0.23	0.89	0.61	0.62	0.63
Inventory	0.89	0.72	0.92	0.94	0.9	0.94	0.74	0.9	0.18	0.9	0.81	0.18	0.96	0.78	0.76		0.97	0.83	0.82	0.84	0.54	0.28	0.87	0.78	0.77	0.78
Other Current Assets	0.94	0.8	0.93	0.94	0.95	0.95	0.78	0.93	0.25	0.95	0.91	0.25	0.88	0.65	0.82	0.97		0.91	0.87	0.9	0.58	0.28	0.93	0.69	0.67	0.68
Other Stockholder Equity	0.96	0.86	0.78	0.88	0.99	0.95	0.73	0.97	0.41	0.95	0.93	0.41	0.7	0.47	0.82	0.83	0.91		0.86	0.94	0.66	0.47	0.92	0.41	0.52	0.54
Total Liab	0.96	0.98	0.89	0.88	0.88	0.84	0.81	0.85	0.5	0.92	0.81	0.5	0.78	0.61	0.99	0.82	0.87	0.86		0.75	0.74	0.3	0.93	0.64	0.66	0.67
Property Plant And Equipment Gross	0.88	0.73	0.71	0.84	0.94	0.93	0.73	0.92	0.21	0.91	0.95	0.21	0.68	0.4	0.69	0.84	0.9	0.94	0.75		0.48	0.46	0.87	0.41	0.44	0.45
Total Current Assets	0.71	0.77	0.59	0.56	0.65	0.56	0.22	0.64	0.93	0.57	0.62	0.93	0.54	0.53	0.76	0.54	0.58	0.66	0.74	0.48		0.11	0.53	0.4	0.53	0.53
Short Term Debt	0.37	0.34	0.14	0.52	0.41	0.47	0.4	0.46	0.02	0.41	0.28	0.02	0.18	0.13	0.23	0.28	0.28	0.47	0.3	0.46	0.11		0.38	-0.1	0.15	0.16
Intangible Assets	0.97	0.89	0.88	0.92	0.94	0.92	0.91	0.92	0.24	0.99	0.88	0.24	0.77	0.52	0.89	0.87	0.93	0.92	0.93	0.87	0.53	0.38		0.58	0.59	0.6
Accounts Payable	0.6	0.49	0.8	0.68	0.53	0.57	0.53	0.54	0.1	0.59	0.45	0.1	0.88	0.83	0.61	0.78	0.69	0.41	0.64	0.41	0.4	-0.1	0.58		0.86	0.86
Common Stock Total Equity	0.65	0.55	0.76	0.72	0.61	0.66	0.47	0.63	0.26	0.62	0.42	0.26	0.85	0.95	0.62	0.77	0.67	0.52	0.66	0.44	0.53	0.15	0.59	0.86		1.0
Common Stock	0.66	0.56	0.77	0.73	0.62	0.67	0.48	0.64	0.26	0.63	0.43	0.26	0.85	0.95	0.63	0.78	0.68	0.54	0.67	0.45	0.53	0.16	0.6	0.86	1.0

Click cells to compare fundamentals

Danaher Account Relationship Matchups

Danaher fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	62.1B	76.2B	83.2B	84.4B	84.5B	88.7B
Short Long Term Debt Total	21.7B	21.2B	22.2B	19.7B	19.5B	20.5B
Other Current Liab	2.5B	4.1B	4.0B	3.9B	3.2B	3.3B
Total Current Liabilities	4.9B	7.4B	8.1B	8.4B	8.3B	8.7B
Total Stockholder Equity	30.3B	39.8B	45.2B	50.1B	53.5B	56.2B
Property Plant And Equipment Net	2.3B	3.3B	3.8B	4.0B	4.6B	4.8B
Net Debt	1.8B	15.2B	19.6B	13.7B	13.7B	14.4B
Retained Earnings	24.2B	27.2B	32.8B	39.2B	41.1B	43.1B
Cash	19.9B	6.0B	2.6B	6.0B	5.9B	6.2B
Non Current Assets Total	36.5B	62.4B	71.5B	68.5B	70.6B	74.1B
Non Currrent Assets Other	1.7B	2.4B	3.7B	4.5B	3.6B	3.8B
Cash And Short Term Investments	19.9B	6.0B	2.6B	6.0B	5.9B	6.2B
Net Receivables	3.2B	4.0B	4.6B	4.9B	3.9B	4.1B
Common Stock Shares Outstanding	725.5M	718.7M	736.8M	737.1M	743.1M	669.1M
Liabilities And Stockholders Equity	62.1B	76.2B	83.2B	84.4B	84.5B	88.7B
Non Current Liabilities Total	26.9B	29.0B	29.9B	25.9B	22.7B	23.9B
Inventory	1.6B	2.3B	2.8B	3.1B	2.6B	2.7B
Other Current Assets	864.6M	1.4B	1.7B	1.9B	1.6B	1.6B
Other Stockholder Equity	7.6B	9.7B	10.1B	12.1B	14.2B	14.9B
Total Liab	31.8B	36.4B	38.0B	34.3B	31.0B	32.5B
Property Plant And Equipment Gross	2.3B	3.3B	7.3B	7.8B	8.4B	8.8B
Total Current Assets	25.6B	13.8B	11.6B	15.9B	13.9B	14.6B
Accumulated Other Comprehensive Income	(3.1B)	(368M)	(1.0B)	(2.9B)	(1.7B)	(1.7B)
Short Term Debt	212.4M	11M	8M	591M	1.9B	2.0B
Intangible Assets	9.7B	21.3B	22.8B	20.3B	20.7B	21.8B
Other Liab	4.7B	7.8B	7.7B	5.9B	6.8B	3.8B
Other Assets	923.4M	2.4B	3.7B	4.5B	5.1B	5.4B
Long Term Debt	21.5B	21.2B	22.2B	19.1B	16.7B	17.5B
Good Will	22.7B	35.4B	41.2B	39.8B	41.6B	43.7B
Property Plant Equipment	2.3B	3.3B	3.8B	4.0B	4.5B	4.8B
Current Deferred Revenue	687.8M	1.2B	1.6B	1.6B	1.5B	987.2M
Noncontrolling Interest In Consolidated Entity	11.3M	11M	10M	8M	7.2M	6.8M
Retained Earnings Total Equity	24.2B	27.2B	32.8B	39.2B	45.1B	47.3B

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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:

How To Invest In Danaher

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Is Danaher Stock a good investment?

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What is Danaher's Net Worth?

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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

5.45

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.

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Danaher Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

Danaher fundamental ratios Correlations

Danaher Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Danaher fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Danaher Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Accounts Payable	- 0.1	Short Term Debt
Cash And Short Term Investments	- 0.07	Net Debt
Cash	- 0.07	Net Debt