Logitech Cash And Short Term Investments vs Total Assets Analysis
LOGI Stock | USD 89.89 0.07 0.08% |
Logitech International financial indicator trend analysis is infinitely more than just investigating Logitech International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logitech International is a good investment. Please check the relationship between Logitech International Cash And Short Term Investments and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logitech International SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logitech International Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Logitech International's Cash And Short Term Investments and Total Assets is 0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Logitech International SA, assuming nothing else is changed. The correlation between historical values of Logitech International's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of Logitech International SA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Logitech International's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Logitech International balance sheet. This account contains Logitech International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Logitech International SA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of Logitech International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Logitech International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Logitech International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logitech International 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 Logitech International SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. As of now, Logitech International's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 1.7B | 1.7B | 1.8B | Total Revenue | 5.5B | 4.5B | 4.2B | 2.3B |
Logitech International fundamental ratios Correlations
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Logitech International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Logitech International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 4.1B | 4.0B | 3.6B | 3.6B | 3.8B | |
Other Current Liab | 153.3M | 175.9M | 539.5M | 424.4M | 601.9M | 632.0M | |
Total Current Liabilities | 714.1M | 1.7B | 1.4B | 1.1B | 1.1B | 542.8M | |
Total Stockholder Equity | 1.5B | 2.3B | 2.4B | 2.3B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 76.1M | 114.1M | 109.8M | 121.5M | 116.4M | 80.8M | |
Net Debt | (685.1M) | (1.7B) | (1.3B) | (1.1B) | (1.4B) | (1.4B) | |
Retained Earnings | 1.7B | 2.5B | 3.0B | 3.2B | 3.6B | 3.8B | |
Accounts Payable | 259.1M | 823.2M | 636.3M | 407.0M | 447.9M | 275.6M | |
Cash | 715.6M | 1.8B | 1.3B | 1.1B | 1.5B | 1.6B | |
Non Current Assets Total | 949.0M | 983.1M | 962.5M | 955.6M | 971.8M | 509.1M | |
Non Currrent Assets Other | 38.5M | 45.1M | 55.6M | 82.8M | 95.4M | 100.1M | |
Cash And Short Term Investments | 715.6M | 1.8B | 1.3B | 1.1B | 1.5B | 1.6B | |
Net Receivables | 394.7M | 612.2M | 675.6M | 630.4M | 540.9M | 287.5M | |
Common Stock Shares Outstanding | 169.4M | 171.8M | 170.4M | 163.7M | 158.2M | 167.8M | |
Liabilities And Stockholders Equity | 2.4B | 4.1B | 4.0B | 3.6B | 3.6B | 3.8B | |
Non Current Liabilities Total | 160.1M | 198.7M | 215.5M | 253.1M | 284.7M | 298.9M | |
Inventory | 229.2M | 661.1M | 933.1M | 682.9M | 421.8M | 276.4M | |
Other Current Assets | 74.9M | 135.7M | 135.5M | 142.9M | 146.0M | 153.3M | |
Other Stockholder Equity | (110.8M) | (150.0M) | (503.0M) | (849.9M) | (1.3B) | (1.2B) | |
Total Liab | 874.2M | 1.9B | 1.6B | 1.3B | 1.4B | 1.4B | |
Total Current Assets | 1.4B | 3.2B | 3.1B | 2.6B | 2.6B | 2.8B | |
Intangible Assets | 126.9M | 115.1M | 83.8M | 63.2M | 44.6M | 81.3M | |
Other Liab | 130.0M | 140.5M | 198.7M | 187.3M | 215.4M | 118.8M | |
Other Assets | 116.4M | 273.5M | 324.2M | 237.0M | 272.5M | 286.2M | |
Accumulated Other Comprehensive Income | (120.7M) | (108.9M) | (104.1M) | (100.3M) | (111.0M) | (116.6M) | |
Treasury Stock | (169.8M) | (185.9M) | (279.5M) | (632.9M) | (569.6M) | (541.1M) | |
Property Plant Equipment | 76.1M | 114.1M | 109.8M | 121.5M | 139.7M | 87.7M | |
Good Will | 400.9M | 429.6M | 448.2M | 454.6M | 461.3M | 333.3M | |
Property Plant And Equipment Gross | 76.1M | 145.2M | 500.1M | 585.7M | 565.0M | 593.3M | |
Net Tangible Assets | 961.4M | 1.7B | 1.9B | 1.7B | 2.0B | 2.1B | |
Retained Earnings Total Equity | 1.7B | 2.5B | 3.0B | 3.2B | 3.7B | 3.8B | |
Non Current Liabilities Other | 160.1M | 198.7M | 132.1M | 146.7M | 17.0M | 16.1M | |
Long Term Investments | 66.0M | 68.2M | 71.5M | 61.5M | 28.7M | 43.8M | |
Capital Surpluse | 75.1M | 129.5M | 129.9M | 127.4M | 146.5M | 82.4M | |
Net Invested Capital | 1.5B | 2.3B | 2.4B | 2.3B | 2.2B | 2.0B |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logitech International SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Logitech International information on this page should be used as a complementary analysis to other Logitech International'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Logitech International'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 Logitech International. If investors know Logitech 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 Logitech International 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 3.133 | Dividend Share 1.28 | Earnings Share 3.87 | Revenue Per Share 27.418 | Quarterly Revenue Growth 0.054 |
The market value of Logitech International is measured differently than its book value, which is the value of Logitech that is recorded on the company's balance sheet. Investors also form their own opinion of Logitech International's value that differs from its market value or its book value, called intrinsic value, which is Logitech International'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 Logitech International's market value can be influenced by many factors that don't directly affect Logitech International'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 Logitech International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logitech International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logitech International'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.