Alphabet Common Stock Total Equity vs Common Stock Shares Outstanding Analysis
GOOGL Stock | USD 167.63 8.35 4.74% |
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class A is a good investment. Please check the relationship between Alphabet Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Common Stock Total Equity vs Common Stock Shares Outstanding
Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class A Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alphabet's Common Stock Total Equity and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Alphabet Inc Class A, assuming nothing else is changed. The correlation between historical values of Alphabet's Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Alphabet Inc Class A are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Alphabet's Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class A 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 Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Alphabet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.09 this year, although the value of Tax Provision will most likely fall to about 9.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 68.0B | 81.8B | 89.8B | 94.3B | Cost Of Revenue | 110.9B | 126.2B | 133.3B | 140.0B |
Alphabet fundamental ratios Correlations
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Alphabet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alphabet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 14.0B | 13.7B | 13.6B | 13.2B | 12.7B | 13.5B | |
Total Assets | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Total Stockholder Equity | 201.4B | 222.5B | 251.6B | 256.1B | 283.4B | 297.5B | |
Other Assets | 3.1B | 5.0B | 1M | 11.9B | 13.7B | 14.3B | |
Liabilities And Stockholders Equity | 275.9B | 319.6B | 359.3B | 365.3B | 402.4B | 422.5B | |
Other Stockholder Equity | (1.2B) | 633M | (1.6B) | 68.2B | (63.7B) | (60.5B) | |
Total Liab | 74.5B | 97.1B | 107.6B | 109.1B | 119.0B | 125.0B | |
Short Long Term Debt Total | 14.8B | 25.1B | 26.2B | 29.7B | 28.5B | 29.9B | |
Other Current Liab | 36.6B | 45.5B | 51.9B | 48.5B | 64.6B | 67.9B | |
Total Current Liabilities | 45.2B | 56.8B | 64.3B | 69.3B | 81.8B | 85.9B | |
Other Liab | 14.5B | 15.2B | 17.2B | 12.6B | 14.5B | 15.2B | |
Property Plant And Equipment Net | 84.6B | 97.0B | 110.6B | 127.0B | 148.4B | 155.9B | |
Current Deferred Revenue | 1.9B | 2.5B | 3.3B | 3.9B | 4.1B | 4.3B | |
Net Debt | (3.7B) | (1.4B) | 5.3B | 7.8B | 4.5B | 4.7B | |
Retained Earnings | 152.1B | 163.4B | 191.5B | 195.6B | 211.2B | 221.8B | |
Accounts Payable | 5.6B | 5.6B | 6.0B | 5.1B | 7.5B | 7.9B | |
Cash | 18.5B | 26.5B | 20.9B | 21.9B | 24.0B | 13.9B | |
Non Current Assets Total | 123.3B | 145.3B | 171.1B | 200.5B | 230.9B | 242.4B | |
Non Currrent Assets Other | 2.3B | 4.0B | 5.4B | 6.6B | 10.1B | 10.6B | |
Long Term Debt | 4.0B | 13.9B | 14.8B | 12.9B | 11.9B | 6.1B | |
Cash And Short Term Investments | 119.7B | 136.7B | 139.6B | 113.8B | 110.9B | 65.9B | |
Net Receivables | 27.5B | 31.4B | 39.3B | 40.3B | 48.0B | 50.4B | |
Common Stock Total Equity | 50.6B | 58.5B | 61.8B | 68.2B | 78.4B | 82.3B | |
Short Term Investments | 101.2B | 110.2B | 118.7B | 91.9B | 86.9B | 52.1B | |
Non Current Liabilities Total | 29.2B | 40.2B | 43.4B | 39.8B | 37.2B | 39.1B | |
Other Current Assets | 4.4B | 5.5B | 8.0B | 8.1B | 12.7B | 13.3B | |
Property Plant And Equipment Gross | 84.6B | 97.0B | 110.6B | 127.0B | 215.9B | 226.7B | |
Total Current Assets | 152.6B | 174.3B | 188.1B | 164.8B | 171.5B | 180.1B | |
Accumulated Other Comprehensive Income | (1.2B) | 633M | (1.6B) | (7.6B) | (4.4B) | (4.2B) | |
Short Term Debt | 1.2B | 1.7B | 2.2B | 2.5B | 2.8B | 2.6B | |
Intangible Assets | 2.0B | 1.4B | 1.4B | 2.1B | 2.4B | 2.2B | |
Common Stock | 50.6B | 58.5B | 61.8B | 68.2B | 76.5B | 80.4B | |
Property Plant Equipment | 84.6B | 84.7B | 97.6B | 112.7B | 129.6B | 136.0B | |
Good Will | 20.6B | 21.2B | 23.0B | 29.0B | 29.2B | 30.7B | |
Inventory | 999M | 728M | 1.2B | 2.7B | 3.1B | 3.2B | |
Net Tangible Assets | 178.8B | 199.9B | 227.3B | 225.1B | 258.9B | 174.2B | |
Deferred Long Term Liab | 1.7B | 3.6B | 5.3B | 514M | 591.1M | 561.5M | |
Long Term Investments | 13.1B | 20.7B | 29.5B | 30.5B | 31.0B | 17.7B | |
Retained Earnings Total Equity | 152.1B | 163.4B | 191.5B | 195.6B | 224.9B | 157.4B |
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Is Interactive Media & 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 Alphabet. If investors know Alphabet 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 Alphabet 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 0.366 | Dividend Share 0.4 | Earnings Share 7.44 | Revenue Per Share 27.443 | Quarterly Revenue Growth 0.151 |
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.