Abbott Accumulated Depreciation vs Long Term Investments Analysis

ABT Stock

USD 118.13 0.37 0.31%

Abbott Laboratories financial indicator trend analysis is way more than just evaluating Abbott Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abbott Laboratories is a good investment. Please check the relationship between Abbott Laboratories Accumulated Depreciation and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.

Accumulated Depreciation vs Long Term Investments

Accumulated Depreciation vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott Laboratories Accumulated Depreciation account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Abbott Laboratories' Accumulated Depreciation and Long Term Investments is 0.44. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Abbott Laboratories, assuming nothing else is changed. The correlation between historical values of Abbott Laboratories' Accumulated Depreciation and Long 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 Accumulated Depreciation of Abbott Laboratories are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accumulated Depreciation i.e., Abbott Laboratories' Accumulated Depreciation and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Abbott Laboratories fixed asset that has been charged to Abbott Laboratories expense since that asset was acquired and made available for Abbott Laboratories use. The accumulated depreciation account is Abbott Laboratories asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Abbott Laboratories.

Long Term Investments

Long Term Investments is an item on the asset side of Abbott Laboratories balance sheet that represents investments Abbott Laboratories intends to hold for over a year. Abbott Laboratories long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Abbott Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abbott Laboratories 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 Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.At this time, Abbott Laboratories' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 20.06 in 2024, whereas Tax Provision is likely to drop slightly above 949.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	24.5B	24.5B	22.1B	12.5B
Total Revenue	43.1B	43.7B	40.1B	22.2B

Gross Profit Total Revenue

Abbott Laboratories fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments
Total Assets		0.87	0.67	0.77	0.75	0.92	0.77	0.61	0.49	0.82	0.23	0.45	0.86	0.3	0.89	0.61	0.23	-0.05	0.97	0.41	0.74	-0.15	0.63	-0.3	0.67	-0.06
Short Long Term Debt Total	0.87		0.44	0.44	0.53	0.65	0.79	0.4	0.68	0.71	0.18	0.6	0.64	0.22	0.99	0.37	-0.02	0.0	0.95	0.18	0.68	-0.35	0.42	-0.29	0.51	-0.16
Other Current Liab	0.67	0.44		0.89	0.76	0.79	0.4	0.69	0.23	0.68	0.09	0.28	0.9	-0.17	0.46	0.75	0.55	-0.45	0.65	0.63	0.67	0.26	0.63	-0.08	0.53	0.2
Total Current Liabilities	0.77	0.44	0.89		0.68	0.86	0.37	0.62	0.27	0.58	0.13	0.32	0.91	0.02	0.46	0.62	0.63	-0.37	0.69	0.51	0.73	0.38	0.53	-0.16	0.44	0.18
Total Stockholder Equity	0.75	0.53	0.76	0.68		0.84	0.55	0.93	0.2	0.92	0.19	0.17	0.66	-0.06	0.54	0.94	0.22	0.1	0.65	0.82	0.49	-0.03	0.89	-0.36	0.94	-0.06
Property Plant And Equipment Net	0.92	0.65	0.79	0.86	0.84		0.61	0.75	0.33	0.81	0.21	0.31	0.88	0.21	0.67	0.78	0.39	-0.08	0.82	0.62	0.69	-0.03	0.74	-0.24	0.74	-0.03
Net Debt	0.77	0.79	0.4	0.37	0.55	0.61		0.29	0.09	0.82	0.35	0.03	0.6	0.42	0.85	0.4	-0.15	-0.01	0.81	0.13	0.26	-0.42	0.49	-0.14	0.61	-0.2
Retained Earnings	0.61	0.4	0.69	0.62	0.93	0.75	0.29		0.31	0.76	0.1	0.27	0.52	-0.29	0.37	0.91	0.27	0.16	0.5	0.85	0.5	0.12	0.8	-0.42	0.86	-0.09
Cash	0.49	0.68	0.23	0.27	0.2	0.33	0.09	0.31		0.17	-0.12	0.95	0.33	-0.14	0.59	0.13	0.15	0.0	0.57	0.13	0.79	-0.06	0.1	-0.31	0.11	-0.02
Non Current Assets Total	0.82	0.71	0.68	0.58	0.92	0.81	0.82	0.76	0.17		0.29	0.08	0.68	0.15	0.74	0.83	-0.02	0.05	0.79	0.64	0.39	-0.26	0.86	-0.27	0.93	-0.25
Non Currrent Assets Other	0.23	0.18	0.09	0.13	0.19	0.21	0.35	0.1	-0.12	0.29		-0.17	0.15	0.25	0.21	0.17	-0.14	0.07	0.21	0.03	-0.05	-0.08	0.24	0.1	0.26	-0.16
Cash And Short Term Investments	0.45	0.6	0.28	0.32	0.17	0.31	0.03	0.27	0.95	0.08	-0.17		0.38	-0.23	0.52	0.07	0.34	-0.01	0.52	0.06	0.87	0.08	-0.01	-0.32	0.0	0.3
Net Receivables	0.86	0.64	0.9	0.91	0.66	0.88	0.6	0.52	0.33	0.68	0.15	0.38		0.15	0.68	0.59	0.51	-0.38	0.84	0.42	0.77	0.08	0.54	-0.05	0.46	0.21
Common Stock Shares Outstanding	0.3	0.22	-0.17	0.02	-0.06	0.21	0.42	-0.29	-0.14	0.15	0.25	-0.23	0.15		0.3	-0.04	-0.4	0.15	0.26	-0.07	-0.12	-0.62	0.21	0.42	0.08	-0.31
Non Current Liabilities Total	0.89	0.99	0.46	0.46	0.54	0.67	0.85	0.37	0.59	0.74	0.21	0.52	0.68	0.3		0.38	-0.04	-0.01	0.96	0.17	0.64	-0.4	0.46	-0.23	0.53	-0.16
Inventory	0.61	0.37	0.75	0.62	0.94	0.78	0.4	0.91	0.13	0.83	0.17	0.07	0.59	-0.04	0.38		0.16	0.11	0.51	0.92	0.39	-0.08	0.95	-0.12	0.9	-0.15
Other Current Assets	0.23	-0.02	0.55	0.63	0.22	0.39	-0.15	0.27	0.15	-0.02	-0.14	0.34	0.51	-0.4	-0.04	0.16		-0.38	0.17	0.15	0.58	0.73	-0.08	-0.3	-0.08	0.6
Other Stockholder Equity	-0.05	0.0	-0.45	-0.37	0.1	-0.08	-0.01	0.16	0.0	0.05	0.07	-0.01	-0.38	0.15	-0.01	0.11	-0.38		-0.13	0.1	-0.18	-0.33	0.15	-0.11	0.28	-0.05
Total Liab	0.97	0.95	0.65	0.69	0.65	0.82	0.81	0.5	0.57	0.79	0.21	0.52	0.84	0.26	0.96	0.51	0.17	-0.13		0.3	0.75	-0.21	0.54	-0.24	0.58	-0.07
Property Plant And Equipment Gross	0.41	0.18	0.63	0.51	0.82	0.62	0.13	0.85	0.13	0.64	0.03	0.06	0.42	-0.07	0.17	0.92	0.15	0.1	0.3		0.3	-0.04	0.87	-0.04	0.78	-0.18
Total Current Assets	0.74	0.68	0.67	0.73	0.49	0.69	0.26	0.5	0.79	0.39	-0.05	0.87	0.77	-0.12	0.64	0.39	0.58	-0.18	0.75	0.3		0.2	0.28	-0.31	0.25	0.34
Short Term Debt	-0.15	-0.35	0.26	0.38	-0.03	-0.03	-0.42	0.12	-0.06	-0.26	-0.08	0.08	0.08	-0.62	-0.4	-0.08	0.73	-0.33	-0.21	-0.04	0.2		-0.3	-0.3	-0.28	0.43
Accounts Payable	0.63	0.42	0.63	0.53	0.89	0.74	0.49	0.8	0.1	0.86	0.24	-0.01	0.54	0.21	0.46	0.95	-0.08	0.15	0.54	0.87	0.28	-0.3		-0.02	0.92	-0.32
Current Deferred Revenue	-0.3	-0.29	-0.08	-0.16	-0.36	-0.24	-0.14	-0.42	-0.31	-0.27	0.1	-0.32	-0.05	0.42	-0.23	-0.12	-0.3	-0.11	-0.24	-0.04	-0.31	-0.3	-0.02		-0.32	-0.07
Common Stock Total Equity	0.67	0.51	0.53	0.44	0.94	0.74	0.61	0.86	0.11	0.93	0.26	0.0	0.46	0.08	0.53	0.9	-0.08	0.28	0.58	0.78	0.25	-0.28	0.92	-0.32		-0.33
Short Term Investments	-0.06	-0.16	0.2	0.18	-0.06	-0.03	-0.2	-0.09	-0.02	-0.25	-0.16	0.3	0.21	-0.31	-0.16	-0.15	0.6	-0.05	-0.07	-0.18	0.34	0.43	-0.32	-0.07	-0.33

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Abbott Laboratories Account Relationship Matchups

Abbott Laboratories fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	67.9B	72.5B	75.2B	74.4B	73.2B	36.9B
Short Long Term Debt Total	18.9B	19.6B	19.0B	17.7B	15.9B	9.8B
Other Current Liab	6.1B	7.1B	7.4B	8.1B	7.7B	8.1B
Total Current Liabilities	10.9B	11.9B	13.1B	15.5B	13.8B	8.3B
Total Stockholder Equity	31.1B	32.8B	35.8B	36.7B	38.6B	40.5B
Property Plant And Equipment Net	8.0B	9.0B	9.0B	9.2B	11.3B	6.2B
Net Debt	15.0B	12.8B	9.2B	7.8B	9.0B	6.1B
Retained Earnings	25.8B	27.6B	31.5B	35.3B	37.6B	39.4B
Cash	3.9B	6.8B	9.8B	9.9B	6.9B	3.7B
Non Current Assets Total	52.2B	52.1B	51.0B	49.2B	50.5B	53.1B
Non Currrent Assets Other	52.2B	3.7B	5.2B	6.0B	6.0B	3.0B
Cash And Short Term Investments	4.1B	7.1B	10.2B	10.2B	7.3B	4.3B
Net Receivables	5.4B	6.4B	6.5B	6.2B	6.6B	3.9B
Common Stock Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B	1.3B
Liabilities And Stockholders Equity	67.9B	72.5B	75.2B	74.4B	73.2B	36.9B
Non Current Liabilities Total	25.7B	27.6B	26.1B	22.0B	20.5B	11.7B
Inventory	4.3B	5.0B	5.2B	6.2B	6.6B	6.9B
Other Current Assets	1.8B	1.9B	2.3B	2.7B	4.3B	2.3B
Other Stockholder Equity	(10.1B)	(10.0B)	(11.8B)	(15.2B)	(16.0B)	(16.8B)
Total Liab	36.6B	39.5B	39.2B	37.5B	34.4B	20.0B
Property Plant And Equipment Gross	8.0B	9.0B	19.4B	20.2B	21.9B	23.0B
Total Current Assets	15.7B	20.4B	24.2B	25.2B	22.7B	13.3B
Accumulated Other Comprehensive Income	(8.5B)	(8.9B)	(8.4B)	(8.1B)	(7.8B)	(7.4B)
Short Term Debt	207M	1.5B	461M	999M	2.5B	2.1B
Accounts Payable	3.3B	3.9B	4.4B	4.6B	4.3B	4.5B
Common Stock Total Equity	23.9B	24.1B	24.5B	24.7B	28.4B	29.8B
Short Term Investments	280M	310M	450M	288M	383M	757.2M
Common Stock	23.9B	24.1B	24.5B	24.7B	24.9B	23.6B
Intangible Assets	17.0B	14.8B	12.7B	10.5B	8.8B	9.1B
Other Liab	8.3B	8.2B	7.8B	6.6B	7.6B	5.7B
Other Assets	2.4B	2.8B	4.1B	4.9B	5.7B	5.9B
Long Term Debt	16.7B	18.5B	17.3B	14.5B	13.6B	12.0B
Treasury Stock	(10.0B)	(10.1B)	(10.0B)	(11.8B)	(10.6B)	(10.1B)
Property Plant Equipment	8.0B	9.0B	9.0B	9.2B	10.5B	7.7B
Good Will	23.2B	23.7B	23.2B	22.8B	23.7B	15.5B
Net Tangible Assets	(70M)	3.4B	(2.2B)	11.0B	9.9B	10.4B
Noncontrolling Interest In Consolidated Entity	198M	213M	219M	222M	251.9M	163.8M
Retained Earnings Total Equity	25.8B	27.6B	31.5B	35.3B	40.5B	27.2B
Long Term Debt Total	16.7B	18.5B	17.3B	14.5B	16.7B	15.8B

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