Logitech Total Assets vs Cash And Short Term Investments Analysis

LOGI Stock  USD 89.96  0.73  0.82%   
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 Total Assets and its Cash And Short Term Investments 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.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logitech International Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Logitech International's Total Assets and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Logitech International SA are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Logitech International's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.
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 Profit2.3B1.7B1.7B1.8B
Total Revenue5.5B4.5B4.2B2.3B

Logitech International fundamental ratios Correlations

0.60.730.870.990.76-0.970.940.760.970.80.780.970.90.50.760.810.97-0.690.980.99-0.40.210.50.93-0.86
0.60.720.310.650.38-0.580.790.140.630.30.840.630.49-0.190.610.340.73-0.920.50.61-0.29-0.140.110.57-0.77
0.730.720.460.770.48-0.70.840.330.720.450.750.720.610.290.610.50.76-0.810.650.73-0.50.160.180.63-0.81
0.870.310.460.830.77-0.870.680.910.820.830.490.820.940.440.470.890.78-0.340.910.88-0.340.230.530.79-0.63
0.990.650.770.830.74-0.950.960.70.950.80.810.950.890.490.780.790.98-0.750.960.98-0.430.20.480.93-0.89
0.760.380.480.770.74-0.740.690.750.70.80.510.70.750.580.740.770.73-0.50.760.74-0.150.210.830.6-0.69
-0.97-0.58-0.7-0.87-0.95-0.74-0.9-0.79-1.0-0.73-0.75-1.0-0.83-0.45-0.71-0.73-0.930.67-0.97-0.970.41-0.24-0.46-0.920.76
0.940.790.840.680.960.69-0.90.550.920.70.880.920.780.380.850.670.98-0.890.880.93-0.40.110.450.87-0.93
0.760.140.330.910.70.75-0.790.550.740.720.450.740.780.490.490.810.67-0.210.840.78-0.120.130.630.64-0.49
0.970.630.720.820.950.7-1.00.920.740.690.791.00.80.410.720.70.94-0.710.970.97-0.410.220.410.92-0.78
0.80.30.450.830.80.8-0.730.70.720.690.510.690.880.630.640.740.75-0.420.780.75-0.310.190.720.77-0.67
0.780.840.750.490.810.51-0.750.880.450.790.510.790.630.10.770.480.86-0.850.710.77-0.18-0.070.320.76-0.79
0.970.630.720.820.950.7-1.00.920.741.00.690.790.80.410.720.70.94-0.710.970.97-0.410.220.410.92-0.78
0.90.490.610.940.890.75-0.830.780.780.80.880.630.80.380.550.90.85-0.490.890.89-0.390.190.490.83-0.77
0.5-0.190.290.440.490.58-0.450.380.490.410.630.10.410.380.490.410.39-0.10.50.43-0.290.440.610.41-0.33
0.760.610.610.470.780.74-0.710.850.490.720.640.770.720.550.490.490.84-0.810.710.72-0.01-0.040.740.63-0.79
0.810.340.50.890.790.77-0.730.670.810.70.740.480.70.90.410.490.74-0.370.830.83-0.290.140.520.63-0.76
0.970.730.760.780.980.73-0.930.980.670.940.750.860.940.850.390.840.74-0.810.940.96-0.30.070.50.89-0.9
-0.69-0.92-0.81-0.34-0.75-0.50.67-0.89-0.21-0.71-0.42-0.85-0.71-0.49-0.1-0.81-0.37-0.81-0.6-0.680.280.08-0.32-0.620.86
0.980.50.650.910.960.76-0.970.880.840.970.780.710.970.890.50.710.830.94-0.60.99-0.340.210.510.9-0.78
0.990.610.730.880.980.74-0.970.930.780.970.750.770.970.890.430.720.830.96-0.680.99-0.40.20.450.91-0.85
-0.4-0.29-0.5-0.34-0.43-0.150.41-0.4-0.12-0.41-0.31-0.18-0.41-0.39-0.29-0.01-0.29-0.30.28-0.34-0.4-0.570.18-0.470.4
0.21-0.140.160.230.20.21-0.240.110.130.220.19-0.070.220.190.44-0.040.140.070.080.210.2-0.57-0.020.3-0.03
0.50.110.180.530.480.83-0.460.450.630.410.720.320.410.490.610.740.520.5-0.320.510.450.18-0.020.33-0.47
0.930.570.630.790.930.6-0.920.870.640.920.770.760.920.830.410.630.630.89-0.620.90.91-0.470.30.33-0.72
-0.86-0.77-0.81-0.63-0.89-0.690.76-0.93-0.49-0.78-0.67-0.79-0.78-0.77-0.33-0.79-0.76-0.90.86-0.78-0.850.4-0.03-0.47-0.72
Click cells to compare fundamentals

Logitech International Account Relationship Matchups

Logitech International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B4.1B4.0B3.6B3.6B3.8B
Other Current Liab153.3M175.9M539.5M424.4M601.9M632.0M
Total Current Liabilities714.1M1.7B1.4B1.1B1.1B542.8M
Total Stockholder Equity1.5B2.3B2.4B2.3B2.2B2.3B
Property Plant And Equipment Net76.1M114.1M109.8M121.5M116.4M80.8M
Net Debt(685.1M)(1.7B)(1.3B)(1.1B)(1.4B)(1.4B)
Retained Earnings1.7B2.5B3.0B3.2B3.6B3.8B
Accounts Payable259.1M823.2M636.3M407.0M447.9M275.6M
Cash715.6M1.8B1.3B1.1B1.5B1.6B
Non Current Assets Total949.0M983.1M962.5M955.6M971.8M509.1M
Non Currrent Assets Other38.5M45.1M55.6M82.8M95.4M100.1M
Cash And Short Term Investments715.6M1.8B1.3B1.1B1.5B1.6B
Net Receivables394.7M612.2M675.6M630.4M540.9M287.5M
Common Stock Shares Outstanding169.4M171.8M170.4M163.7M158.2M167.8M
Liabilities And Stockholders Equity2.4B4.1B4.0B3.6B3.6B3.8B
Non Current Liabilities Total160.1M198.7M215.5M253.1M284.7M298.9M
Inventory229.2M661.1M933.1M682.9M421.8M276.4M
Other Current Assets74.9M135.7M135.5M142.9M146.0M153.3M
Other Stockholder Equity(110.8M)(150.0M)(503.0M)(849.9M)(1.3B)(1.2B)
Total Liab874.2M1.9B1.6B1.3B1.4B1.4B
Total Current Assets1.4B3.2B3.1B2.6B2.6B2.8B
Intangible Assets126.9M115.1M83.8M63.2M44.6M81.3M
Other Liab130.0M140.5M198.7M187.3M215.4M118.8M
Other Assets116.4M273.5M324.2M237.0M272.5M286.2M
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 Equipment76.1M114.1M109.8M121.5M139.7M87.7M
Good Will400.9M429.6M448.2M454.6M461.3M333.3M
Property Plant And Equipment Gross76.1M145.2M500.1M585.7M565.0M593.3M
Net Tangible Assets961.4M1.7B1.9B1.7B2.0B2.1B
Retained Earnings Total Equity1.7B2.5B3.0B3.2B3.7B3.8B
Non Current Liabilities Other160.1M198.7M132.1M146.7M17.0M16.1M
Long Term Investments66.0M68.2M71.5M61.5M28.7M43.8M
Capital Surpluse75.1M129.5M129.9M127.4M146.5M82.4M
Net Invested Capital1.5B2.3B2.4B2.3B2.2B2.0B

Currently Active Assets on Macroaxis

When determining whether Logitech International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logitech International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logitech International Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logitech International Sa 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Logitech International's price analysis, check to measure Logitech International'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 Logitech International is operating at the current time. Most of Logitech International's value examination focuses on studying past and present price action to predict the probability of Logitech International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logitech International's price. Additionally, you may evaluate how the addition of Logitech International to your portfolios can decrease your overall portfolio volatility.
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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.