Intuitive Total Current Assets vs Retained Earnings Analysis

0R29 Stock   543.79  5.32  0.99%   
Intuitive Surgical financial indicator trend analysis is infinitely more than just investigating Intuitive Surgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuitive Surgical is a good investment. Please check the relationship between Intuitive Surgical Total Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Intuitive Stock please use our How to Invest in Intuitive Surgical guide.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuitive Surgical Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Intuitive Surgical's Total Current Assets and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Intuitive Surgical, assuming nothing else is changed. The correlation between historical values of Intuitive Surgical's Total Current Assets and Retained Earnings 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 Current Assets of Intuitive Surgical are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Intuitive Surgical's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Intuitive Surgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intuitive Surgical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Intuitive Stock please use our How to Invest in Intuitive Surgical guide.Selling General Administrative is likely to gain to about 1.8 B in 2024, whereas Tax Provision is likely to drop slightly above 167 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization317M380.4M421.8M442.9M
Income Tax Expense162.2M262.4M141.6M137.0M

Intuitive Surgical fundamental ratios Correlations

0.671.0-0.010.960.420.790.990.980.950.960.950.95-0.050.910.710.970.90.950.510.94-0.210.880.110.960.06
0.670.67-0.360.580.930.580.70.660.620.670.540.670.330.540.580.680.580.560.350.680.030.58-0.20.790.43
1.00.67-0.010.960.430.770.980.980.940.950.940.94-0.050.910.710.970.90.940.510.94-0.210.880.10.960.06
-0.01-0.36-0.010.14-0.43-0.27-0.11-0.03-0.05-0.030.07-0.1-0.990.09-0.09-0.09-0.040.060.09-0.09-0.470.080.06-0.140.17
0.960.580.960.140.340.630.90.90.850.860.920.87-0.20.890.660.910.840.90.430.87-0.270.890.120.850.12
0.420.930.43-0.430.340.350.460.420.350.460.240.420.440.250.530.410.430.280.370.510.020.28-0.390.590.58
0.790.580.77-0.270.630.350.840.860.890.840.790.860.220.740.480.880.650.810.240.710.10.760.180.82-0.2
0.990.70.98-0.110.90.460.840.990.970.970.920.950.050.880.720.970.90.930.530.94-0.160.840.090.980.02
0.980.660.98-0.030.90.420.860.990.980.980.940.97-0.020.890.690.970.880.950.540.92-0.220.850.130.970.04
0.950.620.94-0.050.850.350.890.970.980.940.950.97-0.020.910.580.970.790.960.430.85-0.130.870.240.93-0.08
0.960.670.95-0.030.860.460.840.970.980.940.870.92-0.010.80.790.930.910.890.620.96-0.250.79-0.020.980.09
0.950.540.940.070.920.240.790.920.940.950.870.95-0.150.980.470.970.750.990.350.78-0.170.920.390.86-0.08
0.950.670.94-0.10.870.420.860.950.970.970.920.950.030.920.540.980.750.960.390.84-0.220.880.230.920.04
-0.050.33-0.05-0.99-0.20.440.220.05-0.02-0.02-0.01-0.150.03-0.180.140.020.02-0.14-0.050.070.46-0.15-0.150.1-0.15
0.910.540.910.090.890.250.740.880.890.910.80.980.92-0.180.370.940.680.970.270.7-0.140.910.440.81-0.06
0.710.580.71-0.090.660.530.480.720.690.580.790.470.540.140.370.590.850.480.680.89-0.210.46-0.490.770.2
0.970.680.97-0.090.910.410.880.970.970.970.930.970.980.020.940.590.80.970.370.86-0.130.920.220.93-0.01
0.90.580.9-0.040.840.430.650.90.880.790.910.750.750.020.680.850.80.760.740.95-0.20.62-0.080.90.12
0.950.560.940.060.90.280.810.930.950.960.890.990.96-0.140.970.480.970.760.420.79-0.240.890.380.88-0.02
0.510.350.510.090.430.370.240.530.540.430.620.350.39-0.050.270.680.370.740.420.64-0.530.09-0.150.590.42
0.940.680.94-0.090.870.510.710.940.920.850.960.780.840.070.70.890.860.950.790.64-0.240.73-0.180.950.15
-0.210.03-0.21-0.47-0.270.020.1-0.16-0.22-0.13-0.25-0.17-0.220.46-0.14-0.21-0.13-0.2-0.24-0.53-0.24-0.020.14-0.18-0.53
0.880.580.880.080.890.280.760.840.850.870.790.920.88-0.150.910.460.920.620.890.090.73-0.020.230.78-0.1
0.11-0.20.10.060.12-0.390.180.090.130.24-0.020.390.23-0.150.44-0.490.22-0.080.38-0.15-0.180.140.23-0.03-0.4
0.960.790.96-0.140.850.590.820.980.970.930.980.860.920.10.810.770.930.90.880.590.95-0.180.78-0.030.16
0.060.430.060.170.120.58-0.20.020.04-0.080.09-0.080.04-0.15-0.060.2-0.010.12-0.020.420.15-0.53-0.1-0.40.16
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Intuitive Surgical Account Relationship Matchups

Intuitive Surgical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B11.2B13.6B13.0B15.4B16.2B
Total Stockholder Equity8.3B9.8B12.0B11.1B13.3B14.0B
Net Debt(1.1B)(1.5B)(1.2B)(1.5B)(2.7B)(2.5B)
Retained Earnings2.5B3.3B4.8B3.5B4.7B5.0B
Common Stock Shares Outstanding358.5M360.9M365.8M362M357.4M327.5M
Liabilities And Stockholders Equity9.7B11.2B13.6B13.0B15.4B16.2B
Non Current Liabilities Total159.7M139M224.1M439.3M385.5M404.8M
Other Stockholder Equity5.8B6.4B7.2B7.7B8.6B9.0B
Total Liab1.4B1.4B1.6B1.9B2.0B2.1B
Other Current Liab531M486.1M576.9M781.7M912.5M958.1M
Total Current Liabilities1.4B1.4B1.6B1.9B1.7B1.7B
Property Plant And Equipment Net1.3B1.6B1.9B2.4B3.5B3.7B
Accounts Payable123.5M81.6M121.2M147M188.7M198.1M
Cash1.2B1.6B1.3B1.6B2.8B1.6B
Non Current Assets Total2.2B3.1B3.6B4.4B7.6B7.9B
Cash And Short Term Investments5.8B6.9B8.6B6.7B5.2B2.8B
Net Receivables645.2M645.5M893M1.1B1.3B1.3B
Short Term Investments2.1B3.5B2.9B2.5B2.5B2.6B
Inventory595.5M601.5M587.1M893.2M1.2B1.3B
Other Current Assets337.3M393.8M133.9M168.6M176.7M94.5M
Total Current Assets7.5B8.1B10.0B8.6B7.9B8.3B
Accumulated Other Comprehensive Income12.4M24.9M(24.2M)(162.5M)(12.2M)(12.8M)
Short Term Debt(568.9M)21.9M20.4M24.2M25.3M22.9M
Non Currrent Assets Other(2.4B)(986.6M)(3.5B)(1.6B)597.6M627.5M
Current Deferred Revenue365.2M382.4M414M438.3M446.1M468.4M
Intangible Assets112.1M77.4M70.5M49.8M39.1M52.5M
Good Will307.2M336.7M343.6M348.5M348.7M214.6M
Other Assets754.9M699.8M914.1M1.2B1.4B1.4B
Other Liab418.3M386.6M387.1M369.7M425.2M409.5M
Net Tangible Assets7.8B9.3B11.5B10.6B12.2B9.2B
Deferred Long Term Liab51.5M53.1M71.8M72.3M83.1M57.6M
Property Plant Equipment1.3B1.6B2.0B2.5B2.8B1.6B

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