Genworth Net Income vs Cash and Equivalents Analysis
| GNW Stock | USD 6.01 0.02 0.33% |
Genworth Financial financial indicator trend analysis is much more than just examining Genworth Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genworth Financial is a good investment. Please check the relationship between Genworth Financial Net Income and its Cash And Equivalents accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
Net Income vs Cash And Equivalents
Net Income vs Cash and Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genworth Financial Net Income account and Cash and Equivalents. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genworth Financial's Net Income and Cash and Equivalents is -0.1. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Genworth Financial, assuming nothing else is changed. The correlation between historical values of Genworth Financial's Net Income and Cash and Equivalents 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 Income of Genworth Financial are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Net Income i.e., Genworth Financial's Net Income and Cash and Equivalents go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Genworth Financial financial statement analysis. It represents the amount of money remaining after all of Genworth Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cash And Equivalents
Most indicators from Genworth Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genworth Financial 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 Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.At this time, Genworth Financial's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 13.45 in 2024, whereas Tax Provision is likely to drop slightly above 175.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 7.8B | 7.5B | 6.9B | 7.6B | Interest Expense | 160M | 106M | 118M | 112.1M |
Genworth Financial fundamental ratios Correlations
Click cells to compare fundamentals
Genworth Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genworth Financial fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 101.3B | 105.7B | 99.2B | 86.4B | 72.0B | 83.9B | |
| Short Long Term Debt Total | 3.6B | 3.5B | 1.9B | 1.6B | 1.6B | 1.6B | |
| Other Current Liab | (6.1B) | (5.3B) | (5.0B) | (4.2B) | (18.4B) | (17.5B) | |
| Total Current Liabilities | (5.7B) | (4.3B) | (5.0B) | (4.2B) | (18.4B) | (17.4B) | |
| Total Stockholder Equity | 14.2B | 15.3B | 15.5B | 10.0B | 7.5B | 10.8B | |
| Net Debt | 247M | (77.0B) | (72.6B) | (59.8B) | (583M) | (612.2M) | |
| Other Assets | (42.1B) | (60.4B) | (53.8B) | 84.4B | 7.5B | 7.1B | |
| Common Stock Shares Outstanding | 509.7M | 511.6M | 514.7M | 510.9M | 474.9M | 537.1M | |
| Liabilities And Stockholders Equity | 101.3B | 105.7B | 99.2B | 86.4B | 72.0B | 83.9B | |
| Other Stockholder Equity | 9.3B | 9.3B | 9.2B | 9.1B | 8.8B | 7.7B | |
| Total Liab | 3.6B | 3.5B | 1.9B | 75.7B | 63.6B | 64.1B | |
| Accumulated Other Comprehensive Income | 3.4B | 4.4B | 3.9B | (2.2B) | (2.6B) | (2.4B) | |
| Short Term Debt | 397M | 998M | 12K | 7M | 10M | 9.5M | |
| Non Current Liabilities Total | 3.6B | 3.5B | 1.9B | 75.7B | 82.0B | 86.1B | |
| Other Liab | 79.7B | 72.0B | 68.5B | 72.0B | 82.8B | 86.9B | |
| Retained Earnings | 1.5B | 1.6B | 2.5B | 3.1B | 1.2B | 1.9B | |
| Cash | 3.3B | 80.6B | 74.5B | 61.4B | 2.2B | 2.1B | |
| Non Current Assets Total | 62.4B | 68.7B | 61.6B | 241M | 67.7B | 39.4B | |
| Non Currrent Assets Other | (62.4B) | (68.7B) | (61.6B) | (47.5B) | 3.2B | 3.3B | |
| Long Term Debt | 3.6B | 3.5B | 1.9B | 1.6B | 1.6B | 1.5B | |
| Cash And Short Term Investments | 63.9B | 80.6B | 74.5B | 61.4B | 49.0B | 44.1B | |
| Net Receivables | 17.1B | 16.8B | 16.8B | 16.4B | 19.0B | 17.5B | |
| Short Term Investments | 60.6B | 66.3B | 60.7B | 46.6B | 1.4B | 1.3B | |
| Total Current Assets | 81.0B | 97.4B | 91.3B | 1.8B | 4.2B | 4.0B | |
| Intangible Assets | 196M | 200M | 143M | 241M | 198M | 188.1M | |
| Other Current Assets | 5.4B | 3.2B | 3.7B | 3.7B | 4.2B | 4.4B | |
| Property Plant And Equipment Net | 62.0B | 68.6B | 61.6B | 59.2B | 68.1B | 71.5B | |
| Accounts Payable | 449M | 11.8B | 11.8B | 525M | 472.5M | 448.9M | |
| Noncontrolling Interest In Consolidated Entity | 1.9B | 1.7B | 502M | 756M | 680.4M | 646.4M | |
| Retained Earnings Total Equity | 1.1B | 1.1B | 1.6B | 2.5B | 2.2B | 3.0B |
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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 Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.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 Genworth Financial's price analysis, check to measure Genworth Financial'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 Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial'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 Genworth Financial. If investors know Genworth 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 Genworth Financial 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 (0.78) | Earnings Share 0.16 | Revenue Per Share 15.973 | Quarterly Revenue Growth 0.024 | Return On Assets 0.0029 |
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial'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 Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial'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 Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial'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.