Guardant Long Term Debt vs Non Current Assets Total Analysis

GH Stock  USD 30.98  0.30  0.98%   
Guardant Health financial indicator trend analysis is much more than just examining Guardant Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardant Health is a good investment. Please check the relationship between Guardant Health Long Term Debt and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardant Health Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guardant Health's Long Term Debt and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guardant Health, assuming nothing else is changed. The correlation between historical values of Guardant Health's Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Guardant Health are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Guardant Health's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Guardant Health has held for over one year. Long-term debt appears on Guardant Health balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Guardant Health balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Guardant Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardant Health 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.As of now, Guardant Health's Tax Provision is increasing as compared to previous years. The Guardant Health's current Issuance Of Capital Stock is estimated to increase to about 517.8 M, while Selling General Administrative is projected to decrease to under 118.7 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization22.3M36.0M42.9M45.0M
Interest Income3.9M6.1M35.4M37.1M

Guardant Health fundamental ratios Correlations

0.90.850.850.62-0.190.70.830.740.61-0.730.610.750.870.770.840.90.950.920.740.690.890.870.970.780.76
0.90.920.950.24-0.190.350.970.710.82-0.840.760.680.820.880.920.840.820.930.80.540.880.950.890.910.84
0.850.920.960.25-0.110.350.950.720.77-0.780.670.620.940.870.960.850.680.930.730.380.860.880.830.910.77
0.850.950.960.180.010.30.990.830.8-0.880.830.630.840.860.920.910.720.970.740.440.90.910.880.950.87
0.620.240.250.18-0.150.970.140.32-0.05-0.01-0.110.330.480.180.180.470.670.360.230.680.320.180.560.040.07
-0.19-0.19-0.110.01-0.15-0.21-0.050.36-0.1-0.030.16-0.18-0.17-0.13-0.160.1-0.210.03-0.45-0.12-0.15-0.17-0.08-0.060.03
0.70.350.350.30.97-0.210.250.440.07-0.120.020.380.550.290.280.60.730.470.280.730.430.280.670.160.18
0.830.970.950.990.14-0.050.250.780.87-0.860.830.590.830.910.930.860.710.960.770.480.880.920.850.950.85
0.740.710.720.830.320.360.440.780.52-0.780.790.580.630.610.680.950.70.880.410.480.780.710.860.740.79
0.610.820.770.8-0.05-0.10.070.870.52-0.630.710.230.690.960.770.630.460.770.590.520.650.750.590.820.62
-0.73-0.84-0.78-0.88-0.01-0.03-0.12-0.86-0.78-0.63-0.94-0.82-0.62-0.66-0.86-0.78-0.69-0.84-0.71-0.24-0.91-0.94-0.78-0.94-1.0
0.610.760.670.83-0.110.160.020.830.790.71-0.940.610.490.680.740.740.570.80.620.310.830.840.70.890.94
0.750.680.620.630.33-0.180.380.590.580.23-0.820.610.560.370.730.650.770.650.630.170.810.810.730.70.83
0.870.820.940.840.48-0.170.550.830.630.69-0.620.490.560.840.90.820.690.880.670.490.810.790.80.80.63
0.770.880.870.860.18-0.130.290.910.610.96-0.660.680.370.840.870.750.620.870.640.610.750.820.730.860.67
0.840.920.960.920.18-0.160.280.930.680.77-0.860.740.730.90.870.810.690.90.740.340.90.960.80.960.86
0.90.840.850.910.470.10.60.860.950.63-0.780.740.650.820.750.810.820.970.580.60.880.820.960.820.8
0.950.820.680.720.67-0.210.730.710.70.46-0.690.570.770.690.620.690.820.810.680.740.810.790.940.650.72
0.920.930.930.970.360.030.470.960.880.77-0.840.80.650.880.870.90.970.810.710.580.920.90.950.910.85
0.740.80.730.740.23-0.450.280.770.410.59-0.710.620.630.670.640.740.580.680.710.390.840.780.710.750.72
0.690.540.380.440.68-0.120.730.480.480.52-0.240.310.170.490.610.340.60.740.580.390.450.420.670.320.28
0.890.880.860.90.32-0.150.430.880.780.65-0.910.830.810.810.750.90.880.810.920.840.450.940.90.930.93
0.870.950.880.910.18-0.170.280.920.710.75-0.940.840.810.790.820.960.820.790.90.780.420.940.850.960.94
0.970.890.830.880.56-0.080.670.850.860.59-0.780.70.730.80.730.80.960.940.950.710.670.90.850.790.8
0.780.910.910.950.04-0.060.160.950.740.82-0.940.890.70.80.860.960.820.650.910.750.320.930.960.790.93
0.760.840.770.870.070.030.180.850.790.62-1.00.940.830.630.670.860.80.720.850.720.280.930.940.80.93
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Guardant Health Account Relationship Matchups

Guardant Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets962.5M2.3B2.2B1.6B1.8B1.4B
Short Long Term Debt Total33.3M847.9M1.4B1.4B1.4B685.2M
Other Current Liab37.1M39.7M148.7M85.0M108.3M63.1M
Total Current Liabilities72.7M66.8M194.7M193.2M205.9M112.0M
Total Stockholder Equity798.4M1.3B645.0M60.2M158.7M150.7M
Other Liab8.6M1.5M3.9M9.2M8.3M6.7M
Net Tangible Assets779.7M1.3B627.5M45.2M51.9M49.3M
Property Plant And Equipment Net72.8M100.1M313.9M341.9M302.7M163.8M
Current Deferred Revenue12.3M8.6M11.3M17.4M18.0M12.2M
Net Debt(110.0M)14.9M868.7M1.2B220.2M274.0M
Retained Earnings(352.8M)(606.6M)(1.0B)(1.7B)(2.1B)(2.0B)
Accounts Payable16.2M7.3M17.6M68.9M51.7M54.3M
Cash143.2M833.0M492.2M141.6M1.1B1.2B
Non Current Assets Total365.2M383.4M1.1B418.4M439.3M402.7M
Non Currrent Assets Other4.9M17.2M60.9M61.5M17.7M23.0M
Other Assets4.9M17.2M60.9M36.5M41.9M44.0M
Cash And Short Term Investments522.8M1.8B932.7M1.0B1.2B847.8M
Net Receivables48.0M53.3M97.7M97.3M88.8M60.1M
Common Stock Shares Outstanding90.6M97.5M101.3M102.2M112.0M92.9M
Short Term Investments379.6M961.9M440.5M869.6M35.1M33.3M
Liabilities And Stockholders Equity962.5M2.3B2.2B1.6B1.8B1.4B
Non Current Liabilities Total41.8M849.4M1.4B1.4B1.4B1.5B
Capital Surpluse1.2B1.9B1.7B1.7B2.0B1.1B
Capital Lease Obligations40.4M41.6M226.1M231.9M213.8M224.5M
Inventory15.2M22.7M30.7M51.6M61.9M65.0M
Other Current Assets11.4M34.9M106.1M31.5M27.7M30.2M
Other Stockholder Equity1.2B1.9B1.7B1.7B2.3B1.3B
Total Liab114.5M916.2M1.6B1.5B1.6B1.7B
Property Plant And Equipment Gross72.8M100.1M313.9M341.9M430.0M451.5M
Total Current Assets597.4M1.9B1.1B1.2B1.3B956.1M
Accumulated Other Comprehensive Income1.1M2.7M(4.8M)(19.5M)(3.7M)(3.9M)
Non Current Liabilities Other8.6M43.1M3.9M9.2M96.0M100.8M
Short Term Debt7.1M6.6M12.9M21.9M28.0M29.3M
Property Plant Equipment72.8M62.8M313.9M167.9M193.1M106.4M
Net Invested Capital798.4M2.1B1.8B1.2B1.3B1.2B
Net Working Capital524.6M1.8B919.4M998.4M1.1B950.8M
Intangible Assets15.4M16.2M14.2M11.7M9.0M13.1M

Currently Active Assets on Macroaxis

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Health Care Providers & Services 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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.28)
Revenue Per Share
5.7
Quarterly Revenue Growth
0.339
Return On Assets
(0.16)
Return On Equity
(6.09)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.