Keysight Other Current Assets vs Property Plant And Equipment Net Analysis

KEYS Stock  USD 157.38  0.60  0.38%   
Keysight Technologies financial indicator trend analysis is infinitely more than just investigating Keysight Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keysight Technologies is a good investment. Please check the relationship between Keysight Technologies Other Current Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keysight Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Keysight Stock please use our How to Invest in Keysight Technologies guide.

Other Current Assets vs Property Plant And Equipment Net

Other Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keysight Technologies Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Keysight Technologies' Other Current Assets and Property Plant And Equipment Net is 0.83. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Keysight Technologies, assuming nothing else is changed. The correlation between historical values of Keysight Technologies' Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Keysight Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., Keysight Technologies' Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Keysight Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keysight Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keysight Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Keysight Stock please use our How to Invest in Keysight Technologies guide.Tax Provision is likely to gain to about 362.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.5B3.5B4.1B2.5B
Total Revenue5.4B5.5B6.3B4.2B

Keysight Technologies fundamental ratios Correlations

0.830.750.790.770.780.670.760.750.850.80.760.810.770.780.720.760.8-0.370.830.670.760.50.630.860.68
0.830.940.760.970.770.90.950.930.960.950.850.880.960.930.820.940.85-0.540.960.90.970.350.870.950.75
0.750.940.820.950.560.940.970.90.830.880.830.880.960.780.630.970.83-0.690.850.940.980.080.930.850.83
0.790.760.820.780.450.780.80.740.690.660.660.910.80.650.470.820.94-0.810.690.780.790.120.790.740.91
0.770.970.950.780.620.960.990.910.90.90.830.850.980.870.650.980.85-0.640.850.960.970.180.940.910.81
0.780.770.560.450.620.470.580.610.860.790.680.650.580.810.950.550.56-0.030.880.470.650.70.380.790.37
0.670.90.940.780.960.470.970.870.790.810.770.850.940.770.540.970.83-0.770.771.00.95-0.040.980.810.85
0.760.950.970.80.990.580.970.910.880.890.820.850.980.860.620.980.84-0.660.840.970.970.140.950.90.81
0.750.930.90.740.910.610.870.910.870.920.850.840.950.820.730.880.85-0.610.880.870.930.240.880.840.77
0.850.960.830.690.90.860.790.880.870.950.80.80.880.970.880.840.79-0.360.960.790.880.570.740.970.61
0.80.950.880.660.90.790.810.890.920.950.880.820.890.890.860.850.77-0.40.940.810.90.410.760.930.67
0.760.850.830.660.830.680.770.820.850.80.880.780.830.660.680.790.7-0.410.810.770.850.190.720.740.73
0.810.880.880.910.850.650.850.850.840.80.820.780.860.760.690.870.95-0.760.840.850.90.150.820.820.93
0.770.960.960.80.980.580.940.980.950.880.890.830.860.840.650.970.88-0.670.860.940.970.180.940.890.81
0.780.930.780.650.870.810.770.860.820.970.890.660.760.840.850.810.77-0.380.920.770.840.570.740.970.56
0.720.820.630.470.650.950.540.620.730.880.860.680.690.650.850.590.62-0.150.930.540.710.650.480.810.41
0.760.940.970.820.980.550.970.980.880.840.850.790.870.970.810.590.86-0.710.820.970.980.080.950.870.84
0.80.850.830.940.850.560.830.840.850.790.770.70.950.880.770.620.86-0.80.790.830.860.20.830.820.92
-0.37-0.54-0.69-0.81-0.64-0.03-0.77-0.66-0.61-0.36-0.4-0.41-0.76-0.67-0.38-0.15-0.71-0.8-0.39-0.77-0.660.38-0.8-0.44-0.89
0.830.960.850.690.850.880.770.840.880.960.940.810.840.860.920.930.820.79-0.390.770.90.510.730.920.62
0.670.90.940.780.960.471.00.970.870.790.810.770.850.940.770.540.970.83-0.770.770.95-0.040.980.810.85
0.760.970.980.790.970.650.950.970.930.880.90.850.90.970.840.710.980.86-0.660.90.950.140.930.870.82
0.50.350.080.120.180.7-0.040.140.240.570.410.190.150.180.570.650.080.20.380.51-0.040.14-0.070.51-0.15
0.630.870.930.790.940.380.980.950.880.740.760.720.820.940.740.480.950.83-0.80.730.980.93-0.070.760.84
0.860.950.850.740.910.790.810.90.840.970.930.740.820.890.970.810.870.82-0.440.920.810.870.510.760.66
0.680.750.830.910.810.370.850.810.770.610.670.730.930.810.560.410.840.92-0.890.620.850.82-0.150.840.66
Click cells to compare fundamentals

Keysight Technologies Account Relationship Matchups

Keysight Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.8B8.1B8.7B10.0B5.9B
Other Current Liab423M503M525M583M670.5M408.6M
Total Current Liabilities1.1B1.3B1.4B2.0B2.4B2.5B
Total Stockholder Equity3.3B3.8B4.2B4.7B5.4B2.7B
Other Liab902M706M551M593M682.0M623.2M
Property Plant And Equipment Net777M877M910M987M1.1B703.5M
Current Deferred Revenue391M478M495M541M622.2M346.9M
Accounts Payable224M287M348M286M328.9M248.3M
Non Current Assets Total3.8B3.9B3.9B3.9B4.5B3.1B
Non Currrent Assets Other368M389M454M340M391M245.3M
Other Assets1.1B1.1B1.1B1.0B1.2B710.1M
Cash And Short Term Investments1.8B2.1B2.0B2.5B2.8B3.0B
Net Receivables606M735M905M900M1.0B635.4M
Good Will1.5B1.6B1.6B1.6B1.9B1.2B
Liabilities And Stockholders Equity7.2B7.8B8.1B8.7B10.0B5.9B
Non Current Liabilities Total2.8B2.7B2.5B2.0B2.3B2.1B
Inventory757M777M858M985M1.1B707.9M
Other Current Assets255M270M429M452M519.8M545.8M
Other Stockholder Equity1.4B794M59M(493M)(443.7M)(421.5M)
Total Liab3.9B4.0B3.9B4.0B4.6B3.2B
Property Plant And Equipment Gross777M877M910M987M1.1B703.5M
Total Current Assets3.4B3.8B4.2B4.8B5.5B2.9B
Accumulated Other Comprehensive Income(599M)(442M)(454M)(466M)(419.4M)(440.4M)
Intangible Assets361M272M189M155M178.3M319.6M
Property Plant Equipment595M877M910M987M1.1B686.8M
Short Long Term Debt Total2.0B2.0B2.0B2.0B2.3B1.9B
Net Tangible Assets1.4B1.9B2.4B2.9B3.3B3.5B
Net Debt225M(29M)(24M)(446M)(401.4M)(381.3M)
Retained Earnings2.5B3.4B4.6B5.6B6.5B6.8B
Cash1.8B2.1B2.0B2.5B2.8B1.5B
Long Term Debt1.8B1.8B1.8B1.2B1.4B1.6B
Deferred Long Term Liab176M175M187M197M226.6M135.2M
Retained Earnings Total Equity1.9B2.5B3.4B4.6B5.2B5.5B
Long Term Debt Total1.8B1.8B1.8B1.8B2.1B1.7B

Pair Trading with Keysight Technologies

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

Moving against Keysight Stock

  0.42BMI Badger Meter Financial Report 18th of July 2024 PairCorr
The ability to find closely correlated positions to Keysight Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keysight Technologies 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 Keysight Technologies - 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 Keysight Technologies to buy it.
The correlation of Keysight Technologies 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 Keysight Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keysight Technologies 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 Keysight Technologies 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 Keysight Technologies is a strong investment it is important to analyze Keysight Technologies' 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 Keysight Technologies' future performance. For an informed investment choice regarding Keysight Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keysight Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Keysight Stock please use our How to Invest in Keysight Technologies guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Keysight Stock analysis

When running Keysight Technologies' price analysis, check to measure Keysight Technologies' 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 Keysight Technologies is operating at the current time. Most of Keysight Technologies' value examination focuses on studying past and present price action to predict the probability of Keysight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keysight Technologies' price. Additionally, you may evaluate how the addition of Keysight Technologies to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
CEOs Directory
Screen CEOs from public companies around the world
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Keysight Technologies' 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 Keysight Technologies. If investors know Keysight 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 Keysight Technologies 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
(0.32)
Earnings Share
5.43
Revenue Per Share
30.138
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0911
The market value of Keysight Technologies is measured differently than its book value, which is the value of Keysight that is recorded on the company's balance sheet. Investors also form their own opinion of Keysight Technologies' value that differs from its market value or its book value, called intrinsic value, which is Keysight Technologies' 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 Keysight Technologies' market value can be influenced by many factors that don't directly affect Keysight Technologies' 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 Keysight Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Keysight Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keysight Technologies' 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.