IDEXX Invested Capital vs Operating Income Analysis
IDXX Stock | USD 494.26 0.46 0.09% |
IDEXX Laboratories financial indicator trend analysis is infinitely more than just investigating IDEXX Laboratories recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEXX Laboratories is a good investment. Please check the relationship between IDEXX Laboratories Invested Capital and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.
Invested Capital vs Operating Income
Invested Capital vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEXX Laboratories Invested Capital account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between IDEXX Laboratories' Invested Capital and Operating Income is 0.09. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Operating Income in the same time period over historical financial statements of IDEXX Laboratories, assuming nothing else is changed. The correlation between historical values of IDEXX Laboratories' Invested Capital and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of IDEXX Laboratories are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Invested Capital i.e., IDEXX Laboratories' Invested Capital and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to IDEXX Laboratories. There are two different methods for calculating IDEXX Laboratories invested capital: operating approach and financing approach. Understanding IDEXX Laboratories invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Operating Income
Operating Income is the amount of profit realized from IDEXX Laboratories operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IDEXX Laboratories is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from IDEXX Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEXX Laboratories 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 IDEXX Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.At this time, IDEXX Laboratories' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 44.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 194 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.0B | 2.2B | 2.3B | Total Revenue | 3.2B | 3.4B | 3.7B | 3.8B |
IDEXX Laboratories fundamental ratios Correlations
Click cells to compare fundamentals
IDEXX Laboratories Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDEXX Laboratories fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 2.3B | 2.4B | 2.7B | 3.3B | 3.4B | |
Other Current Liab | 322.9M | 415.6M | 458.9M | 433.7M | 478.7M | 502.6M | |
Total Current Liabilities | 725.3M | 582.8M | 763.6M | 1.2B | 951.5M | 999.1M | |
Total Stockholder Equity | 177.5M | 632.1M | 690.0M | 608.7M | 1.5B | 1.6B | |
Property Plant And Equipment Net | 533.8M | 555.2M | 587.7M | 649.5M | 702.2M | 737.3M | |
Net Debt | 897.3M | 524.6M | 779.2M | 1.2B | 493.9M | 255.9M | |
Retained Earnings | 1.6B | 2.2B | 2.9B | 3.6B | 4.4B | 4.7B | |
Accounts Payable | 72.2M | 74.6M | 116.1M | 110.2M | 110.6M | 116.2M | |
Cash | 90.3M | 383.9M | 144.5M | 112.5M | 453.9M | 476.6M | |
Non Current Assets Total | 1.2B | 1.2B | 1.5B | 1.6B | 1.8B | 1.9B | |
Non Currrent Assets Other | 299.0M | 337.2M | 397.4M | 425.6M | 448.5M | 470.9M | |
Cash And Short Term Investments | 90.3M | 383.9M | 144.5M | 112.5M | 453.9M | 476.6M | |
Net Receivables | 269.3M | 331.4M | 368.3M | 400.6M | 457.4M | 480.3M | |
Common Stock Shares Outstanding | 87.5M | 86.7M | 86.6M | 84.6M | 84.0M | 94.9M | |
Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.4B | 2.7B | 3.3B | 3.4B | |
Inventory | 195.0M | 209.9M | 269.0M | 367.8M | 380.3M | 399.3M | |
Other Current Assets | 125.0M | 137.5M | 173.8M | 220.5M | 203.6M | 213.8M | |
Other Stockholder Equity | (1.4B) | (1.5B) | (2.2B) | (2.9B) | (2.9B) | (2.8B) | |
Total Liab | 1.7B | 1.7B | 1.7B | 2.1B | 1.8B | 1.9B | |
Total Current Assets | 679.6M | 1.1B | 955.7M | 1.1B | 1.5B | 1.6B | |
Non Current Liabilities Total | 929.3M | 1.1B | 983.6M | 902.2M | 823.8M | 865.0M | |
Intangible Assets | 58.5M | 52.5M | 99.0M | 97.7M | 84.5M | 74.5M | |
Short Long Term Debt Total | 987.7M | 908.5M | 923.7M | 1.3B | 947.9M | 995.3M | |
Short Term Debt | 288.8M | 50.0M | 148.5M | 654.0M | 325.0M | 208.6M | |
Property Plant And Equipment Gross | 614.5M | 646.3M | 1.3B | 649.5M | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (46.2M) | (53.6M) | (53.5M) | (77.8M) | (71.2M) | (67.6M) | |
Common Stock Total Equity | 10.6M | 10.6M | 10.7M | 10.7M | 12.3M | 9.0M | |
Common Stock | 10.6M | 10.6M | 10.7M | 10.7M | 10.8M | 9.2M | |
Other Assets | 240.2M | 676.7M | 893.9M | 387.5M | 445.6M | 467.9M | |
Treasury Stock | (2.3B) | (2.6B) | (2.8B) | (3.6B) | (3.2B) | (3.1B) | |
Property Plant Equipment | 533.8M | 555.2M | 587.7M | 649.5M | 746.9M | 784.2M | |
Current Deferred Revenue | 41.5M | 42.6M | 40.0M | 37.9M | 37.2M | 25.0M | |
Good Will | 239.7M | 243.3M | 359.3M | 361.8M | 366.0M | 206.0M | |
Other Liab | 162.8M | 220.5M | 208.4M | 106.6M | 122.6M | 83.3M | |
Long Term Debt | 698.9M | 858.5M | 775.2M | 694.4M | 622.9M | 380.8M | |
Net Tangible Assets | (120.7M) | 336.2M | 690.0M | 149.3M | 134.3M | 141.1M | |
Noncontrolling Interest In Consolidated Entity | 264K | 280K | 352K | 707K | 813.1K | 853.7K | |
Retained Earnings Total Equity | 1.6B | 2.2B | 2.9B | 3.6B | 4.1B | 4.3B | |
Long Term Debt Total | 698.9M | 858.5M | 775.2M | 694.4M | 798.5M | 502.0M |
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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 IDEXX Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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Is IDEXX Laboratories' 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 IDEXX Laboratories. If investors know IDEXX 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 IDEXX Laboratories 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 0.121 | Earnings Share 10.07 | Revenue Per Share 44.073 | Quarterly Revenue Growth 0.088 | Return On Assets 0.2283 |
The market value of IDEXX Laboratories is measured differently than its book value, which is the value of IDEXX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEXX Laboratories' value that differs from its market value or its book value, called intrinsic value, which is IDEXX Laboratories' 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 IDEXX Laboratories' market value can be influenced by many factors that don't directly affect IDEXX Laboratories' 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 IDEXX Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEXX Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEXX Laboratories' 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.