DexCom Other Assets vs Total Current Assets Analysis

DXCM Stock  USD 77.83  5.00  6.87%   
DexCom financial indicator trend analysis is much more than just examining DexCom Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DexCom Inc is a good investment. Please check the relationship between DexCom Other Assets and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Assets vs Total Current Assets

Other Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DexCom Inc Other Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DexCom's Other Assets and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of DexCom Inc, assuming nothing else is changed. The correlation between historical values of DexCom's Other Assets and Total Current 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 Other Assets of DexCom Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Assets i.e., DexCom's Other Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

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.
Most indicators from DexCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DexCom Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, DexCom's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 177.3 M, while Issuance Of Capital Stock is likely to drop about 19.7 M.

DexCom fundamental ratios Correlations

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Click cells to compare fundamentals

DexCom Account Relationship Matchups

DexCom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B4.3B4.9B5.4B6.3B6.6B
Total Stockholder Equity882.6M1.8B2.3B2.1B2.1B2.2B
Net Debt699.5M1.0B769.2M1.4B2.0B2.1B
Cash446.2M817.6M1.1B642.3M566.3M594.6M
Cash And Short Term Investments1.5B2.7B2.7B2.5B2.7B2.9B
Common Stock Shares Outstanding369.2M390M428.8M427.5M425.5M246.4M
Liabilities And Stockholders Equity2.4B4.3B4.9B5.4B6.3B6.6B
Total Current Assets2.0B3.4B3.7B3.7B4.4B4.6B
Other Current Liab88.5M400.3M447.6M753.4M1.2B1.2B
Total Current Liabilities360.2M614.1M720.8M1.8B1.6B1.6B
Property Plant And Equipment Net392.8M608.6M889.9M1.1B1.2B1.2B
Retained Earnings(695.7M)(202.1M)(47.4M)479.9M1.0B1.1B
Accounts Payable256.4M163.3M189.4M237.9M276.4M290.2M
Non Current Assets Total425.6M865.7M1.2B1.7B1.8B1.9B
Non Currrent Assets Other14.2M21.4M(4.5M)28.1M36.5M38.3M
Other Assets14.2M237.8M220.8M369.3M424.7M445.9M
Non Current Liabilities Total1.2B1.8B1.9B1.4B2.6B2.8B
Other Current Assets30M107.8M79.3M153.7M154.7M162.4M
Other Stockholder Equity1.6B2.0B1.9B1.7B1.1B1.1B
Total Liab1.5B2.5B2.6B3.3B4.2B4.4B
Property Plant And Equipment Gross392.8M608.6M801.8M1.1B1.7B1.8B
Accumulated Other Comprehensive Income2.3M3.2M500K(11.6M)(16.7M)(15.9M)
Property Plant Equipment321.3M515.3M889.9M1.1B1.3B1.4B
Other Liab5.7M80.9M90M68.7M79.0M83.0M
Short Term Investments1.1B1.9B1.7B1.8B2.2B2.3B
Short Long Term Debt Total1.1B1.8B1.8B2.1B2.6B2.7B
Long Term Debt1.1B1.7B1.7B1.2B2.4B2.6B
Net Receivables286.3M428.5M516.6M752.2M987.5M1.0B
Inventory119.8M234.7M357.3M306.7M559.6M587.6M
Short Term Debt13.6M33M41M793.1M21.1M20.0M
Current Deferred Revenue1.7M2.2M2.1M10.1M18.4M19.3M
Net Tangible Assets864M1.8B2.2B2.1B2.5B2.6B
Good Will18.6M19.3M26.5M25.7M25.2M14.4M
Retained Earnings Total Equity(695.7M)(202.1M)(47.4M)479.9M551.9M579.5M
Capital Surpluse1.7B2.1B2.5B2.3B2.6B1.5B

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When determining whether DexCom Inc is a strong investment it is important to analyze DexCom's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DexCom's future performance. For an informed investment choice regarding DexCom Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Health Care Equipment & Supplies space 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 DexCom. If investors know DexCom 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 DexCom 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
0.157
Earnings Share
1.65
Revenue Per Share
10.089
Quarterly Revenue Growth
0.02
Return On Assets
0.0606
The market value of DexCom Inc is measured differently than its book value, which is the value of DexCom that is recorded on the company's balance sheet. Investors also form their own opinion of DexCom's value that differs from its market value or its book value, called intrinsic value, which is DexCom'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 DexCom's market value can be influenced by many factors that don't directly affect DexCom'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 DexCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if DexCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DexCom'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.