Thermo Operating Income vs Cash and Equivalents Analysis

TMO Stock  USD 581.21  1.84  0.32%   
Thermo Fisher financial indicator trend analysis is much more than just breaking down Thermo Fisher Scientific prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thermo Fisher Scientific is a good investment. Please check the relationship between Thermo Fisher Operating Income and its Cash And Equivalents accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Operating Income vs Cash And Equivalents

Operating Income vs Cash and Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thermo Fisher Scientific Operating Income account and Cash and Equivalents. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Thermo Fisher's Operating Income and Cash and Equivalents is 0.82. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Thermo Fisher Scientific, assuming nothing else is changed. The correlation between historical values of Thermo Fisher's Operating 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 Operating Income of Thermo Fisher Scientific 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 Operating Income i.e., Thermo Fisher's Operating Income and Cash and Equivalents go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Thermo Fisher Scientific 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 Thermo Fisher Scientific 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.

Cash And Equivalents

Most indicators from Thermo Fisher's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thermo Fisher Scientific 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Thermo Fisher's Selling General Administrative is very stable compared to the past year. As of the 28th of March 2024, Tax Provision is likely to grow to about 469.3 M, while Discontinued Operations is likely to drop (3.6 M).
 2021 2022 2023 2024 (projected)
Total Revenue39.2B44.9B42.9B45.0B
Depreciation And Amortization2.1B3.7B3.4B3.6B

Thermo Fisher fundamental ratios Correlations

0.990.830.970.990.980.950.970.750.990.450.750.980.380.980.990.87-0.361.00.950.850.880.980.940.960.99
0.990.850.970.980.970.960.960.720.990.440.720.970.340.980.980.87-0.391.00.930.860.880.960.940.960.99
0.830.850.790.80.730.870.710.50.850.30.50.760.530.790.80.630.00.840.70.750.930.750.660.690.83
0.970.970.790.960.990.90.970.80.950.310.80.980.280.940.980.82-0.480.980.960.930.80.980.950.970.96
0.990.980.80.960.960.910.980.770.980.460.770.970.410.970.990.89-0.340.980.950.840.860.970.930.940.99
0.980.970.730.990.960.90.970.780.950.370.781.00.260.940.990.82-0.510.980.960.860.781.00.960.980.96
0.950.960.870.90.910.90.890.510.970.440.510.910.370.940.920.82-0.290.960.80.770.930.90.880.90.97
0.970.960.710.970.980.970.890.80.960.450.80.970.220.970.970.92-0.530.960.970.850.760.970.980.980.97
0.750.720.50.80.770.780.510.80.670.271.00.780.140.710.770.66-0.490.720.910.760.420.780.750.750.69
0.990.990.850.950.980.950.970.960.670.470.670.960.410.980.970.88-0.310.990.90.830.910.950.930.941.0
0.450.440.30.310.460.370.440.450.270.470.270.390.080.550.390.59-0.070.440.390.050.390.350.420.440.47
0.750.720.50.80.770.780.510.81.00.670.270.780.140.710.770.66-0.490.720.910.760.420.780.750.750.69
0.980.970.760.980.971.00.910.970.780.960.390.780.310.940.990.81-0.460.980.960.850.811.00.940.970.97
0.380.340.530.280.410.260.370.220.140.410.080.140.310.280.370.160.640.350.260.250.630.30.110.140.36
0.980.980.790.940.970.940.940.970.710.980.550.710.940.280.950.94-0.420.970.920.810.830.940.960.960.99
0.990.980.80.980.990.990.920.970.770.970.390.770.990.370.950.83-0.390.990.960.850.850.990.930.950.98
0.870.870.630.820.890.820.820.920.660.880.590.660.810.160.940.83-0.450.850.830.710.680.810.910.870.89
-0.36-0.390.0-0.48-0.34-0.51-0.29-0.53-0.49-0.31-0.07-0.49-0.460.64-0.42-0.39-0.45-0.38-0.49-0.440.05-0.47-0.62-0.59-0.36
1.01.00.840.980.980.980.960.960.720.990.440.720.980.350.970.990.85-0.380.930.860.880.970.940.960.99
0.950.930.70.960.950.960.80.970.910.90.390.910.960.260.920.960.83-0.490.930.860.70.960.930.940.92
0.850.860.750.930.840.860.770.850.760.830.050.760.850.250.810.850.71-0.440.860.860.690.850.850.840.83
0.880.880.930.80.860.780.930.760.420.910.390.420.810.630.830.850.680.050.880.70.690.80.70.730.89
0.980.960.750.980.971.00.90.970.780.950.350.781.00.30.940.990.81-0.470.970.960.850.80.940.960.96
0.940.940.660.950.930.960.880.980.750.930.420.750.940.110.960.930.91-0.620.940.930.850.70.940.990.94
0.960.960.690.970.940.980.90.980.750.940.440.750.970.140.960.950.87-0.590.960.940.840.730.960.990.96
0.990.990.830.960.990.960.970.970.691.00.470.690.970.360.990.980.89-0.360.990.920.830.890.960.940.96
Click cells to compare fundamentals

Thermo Fisher Account Relationship Matchups

Thermo Fisher fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.4B69.1B95.1B97.2B98.7B103.7B
Short Long Term Debt Total17.8B21.7B34.9B34.5B34.9B36.7B
Other Current Liab2.7B4.2B5.4B5.4B4.8B5.1B
Total Current Liabilities6.2B10.3B13.4B17.0B14.0B14.7B
Total Stockholder Equity29.7B34.5B40.8B44.0B46.7B49.1B
Property Plant And Equipment Net5.4B6.7B9.9B10.9B9.4B9.9B
Net Debt15.4B11.4B30.4B26.0B26.8B28.2B
Retained Earnings22.1B28.1B35.4B41.9B47.4B49.7B
Cash2.4B10.3B4.5B8.5B8.1B8.5B
Non Current Assets Total45.2B45.5B72.0B69.7B74.1B77.8B
Non Currrent Assets Other1.9B2.5B4.4B(2.8B)4.0B4.2B
Cash And Short Term Investments2.4B10.3B4.5B8.5B8.1B8.5B
Net Receivables5.0B6.5B8.9B9.4B8.2B8.6B
Common Stock Shares Outstanding403M399M397M394M388M272.7M
Liabilities And Stockholders Equity58.4B69.1B95.1B97.2B98.7B103.7B
Non Current Liabilities Total17.1B19.1B32.1B28.8B37.9B39.8B
Inventory3.4B4.0B5.1B5.6B5.1B5.3B
Other Current Assets1.2B1.1B1.6B1.6B3.2B3.4B
Other Stockholder Equity7.1B6.0B4.9B1.6B2.1B2.0B
Total Liab28.7B34.5B54.1B53.0B51.9B54.5B
Total Current Assets11.9B22.0B20.1B25.2B24.6B25.8B
Short Term Debt676M2.6B2.5B5.6B3.6B3.8B
Intangible Assets14.0B12.7B20.1B17.5B16.7B17.5B
Accounts Payable1.9B2.2B2.9B3.4B2.9B3.0B
Property Plant And Equipment Gross4.7B5.9B12.6B14.3B15.5B16.3B
Accumulated Other Comprehensive Income(2.7B)(2.8B)(2.3B)(3.1B)(3.2B)(3.1B)
Current Deferred Revenue916M1.3B2.7B2.6B2.7B2.8B
Good Will25.7B26.0B41.9B41.2B44.0B46.2B
Common Stock Total Equity434M437M439M441M507.2M352.8M
Short Term Investments26M31M37M28M1.8M1.7M
Common Stock434M437M439M441M442M357.4M
Other Liab4.8B5.1B8.1B5.7B6.5B6.9B
Other Assets1.2B1.6B3.0B2.2B2.6B2.7B
Long Term Debt17.1B19.1B32.3B28.9B31.3B32.9B
Treasury Stock(3.7B)(5.2B)(6.8B)(8.9B)(8.0B)(7.6B)
Property Plant Equipment4.7B5.9B8.3B9.3B10.7B11.2B
Net Tangible Assets(10.1B)(4.2B)(21.2B)(14.5B)(13.1B)(13.7B)
Retained Earnings Total Equity22.1B28.1B35.4B41.9B48.2B50.6B

Thermo Fisher Investors Sentiment

The influence of Thermo Fisher's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Thermo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Thermo Fisher's public news can be used to forecast risks associated with an investment in Thermo. The trend in average sentiment can be used to explain how an investor holding Thermo can time the market purely based on public headlines and social activities around Thermo Fisher Scientific. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Thermo Fisher's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Thermo Fisher's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Thermo Fisher's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Thermo Fisher.

Thermo Fisher Implied Volatility

    
  25.84  
Thermo Fisher's implied volatility exposes the market's sentiment of Thermo Fisher Scientific stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Thermo Fisher's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Thermo Fisher stock will not fluctuate a lot when Thermo Fisher's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thermo Fisher in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thermo Fisher's short interest history, or implied volatility extrapolated from Thermo Fisher options trading.

Currently Active Assets on Macroaxis

When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher'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 Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Thermo Fisher's price analysis, check to measure Thermo Fisher'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 Thermo Fisher is operating at the current time. Most of Thermo Fisher's value examination focuses on studying past and present price action to predict the probability of Thermo Fisher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermo Fisher's price. Additionally, you may evaluate how the addition of Thermo Fisher to your portfolios can decrease your overall portfolio volatility.
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Is Thermo Fisher'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 Thermo Fisher. If investors know Thermo 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 Thermo Fisher 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
0.054
Dividend Share
1.4
Earnings Share
15.47
Revenue Per Share
111.028
Quarterly Revenue Growth
(0.05)
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher'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 Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher'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 Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher'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.