IDEXX Property Plant And Equipment Net vs Total Stockholder Equity Analysis

IDXX Stock  USD 418.55  0.06  0.01%   
IDEXX Laboratories financial indicator trend analysis is infinitely more than just investigating IDEXX Laboratories recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEXX Laboratories is a good investment. Please check the relationship between IDEXX Laboratories Property Plant And Equipment Net and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEXX 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 interest.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEXX Laboratories Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between IDEXX Laboratories' Property Plant And Equipment Net and Total Stockholder Equity is 0.71. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of IDEXX Laboratories, assuming nothing else is changed. The correlation between historical values of IDEXX Laboratories' Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of IDEXX Laboratories are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., IDEXX Laboratories' Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from IDEXX Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEXX 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEXX 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 interest.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.Enterprise Value is likely to rise to about 7.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 171.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.0B2.2B2.3B
Total Revenue3.2B3.4B3.7B3.8B

IDEXX Laboratories fundamental ratios Correlations

0.940.750.730.990.490.910.950.630.980.760.480.98-0.320.970.83-0.920.820.960.770.720.690.140.90.60.54
0.940.750.520.940.620.780.960.440.950.810.340.93-0.420.880.86-0.840.90.860.910.680.760.150.810.660.64
0.750.750.190.720.860.520.770.270.690.430.480.69-0.280.760.87-0.650.920.780.730.570.940.750.490.670.67
0.730.520.190.71-0.220.890.590.750.720.60.330.740.050.740.38-0.750.20.690.190.610.03-0.370.820.250.14
0.990.940.720.710.490.90.950.590.990.780.410.98-0.370.960.83-0.910.810.930.790.670.680.090.910.580.51
0.490.620.86-0.220.490.170.61-0.140.470.310.220.47-0.540.480.67-0.350.890.480.790.260.950.730.250.470.51
0.910.780.520.890.90.170.840.670.920.760.30.92-0.190.930.68-0.970.550.830.50.760.38-0.080.890.410.33
0.950.960.770.590.950.610.840.40.970.820.30.96-0.430.930.82-0.890.860.870.830.740.730.180.870.580.53
0.630.440.270.750.59-0.140.670.40.520.250.760.540.180.560.46-0.550.270.730.230.360.19-0.130.610.40.32
0.980.950.690.720.990.470.920.970.520.840.310.99-0.370.960.81-0.940.790.890.780.740.640.060.90.550.5
0.760.810.430.60.780.310.760.820.250.84-0.030.83-0.320.750.55-0.770.580.60.640.680.39-0.150.710.390.36
0.480.340.480.330.410.220.30.30.760.31-0.030.360.080.390.41-0.230.410.70.310.120.470.30.380.430.39
0.980.930.690.740.980.470.920.960.540.990.830.36-0.40.970.77-0.930.790.910.770.720.640.070.90.520.46
-0.32-0.42-0.280.05-0.37-0.54-0.19-0.430.18-0.37-0.320.08-0.4-0.27-0.170.3-0.5-0.22-0.630.11-0.48-0.04-0.340.130.2
0.970.880.760.740.960.480.930.930.560.960.750.390.97-0.270.82-0.930.770.920.680.780.660.20.870.570.5
0.830.860.870.380.830.670.680.820.460.810.550.410.77-0.170.82-0.780.880.810.770.690.820.460.650.770.76
-0.92-0.84-0.65-0.75-0.91-0.35-0.97-0.89-0.55-0.94-0.77-0.23-0.930.3-0.93-0.78-0.68-0.82-0.62-0.79-0.53-0.09-0.84-0.49-0.42
0.820.90.920.20.810.890.550.860.270.790.580.410.79-0.50.770.88-0.680.80.940.510.970.510.60.650.65
0.960.860.780.690.930.480.830.870.730.890.60.70.91-0.220.920.81-0.820.80.710.640.720.250.840.620.56
0.770.910.730.190.790.790.50.830.230.780.640.310.77-0.630.680.77-0.620.940.710.40.860.250.610.550.55
0.720.680.570.610.670.260.760.740.360.740.680.120.720.110.780.69-0.790.510.640.40.380.170.640.650.63
0.690.760.940.030.680.950.380.730.190.640.390.470.64-0.480.660.82-0.530.970.720.860.380.680.450.60.61
0.140.150.75-0.370.090.73-0.080.18-0.130.06-0.150.30.07-0.040.20.46-0.090.510.250.250.170.68-0.150.450.48
0.90.810.490.820.910.250.890.870.610.90.710.380.9-0.340.870.65-0.840.60.840.610.640.45-0.150.380.28
0.60.660.670.250.580.470.410.580.40.550.390.430.520.130.570.77-0.490.650.620.550.650.60.450.380.97
0.540.640.670.140.510.510.330.530.320.50.360.390.460.20.50.76-0.420.650.560.550.630.610.480.280.97
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IDEXX Laboratories Account Relationship Matchups

IDEXX Laboratories fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.4B2.7B3.3B3.4B
Other Current Liab322.9M355.2M396.4M364.7M372.4M391.0M
Total Current Liabilities725.3M582.8M763.6M1.2B951.5M999.1M
Total Stockholder Equity177.5M632.1M690.0M608.7M1.5B1.6B
Property Plant And Equipment Net533.8M555.2M587.7M649.5M817.7M858.6M
Net Debt897.3M524.6M779.2M1.2B613.4M644.1M
Retained Earnings1.6B2.2B2.9B3.6B4.4B4.7B
Accounts Payable72.2M74.6M116.1M110.2M110.6M116.2M
Cash90.3M383.9M144.5M112.5M453.9M476.6M
Non Current Assets Total1.2B1.2B1.5B1.6B1.8B1.9B
Non Currrent Assets Other299.0M337.2M397.4M425.6M333.0M349.6M
Cash And Short Term Investments90.3M383.9M144.5M112.5M453.9M476.6M
Net Receivables269.3M374.7M425.6M490.9M529.5M556.0M
Common Stock Shares Outstanding87.5M86.7M86.6M84.6M84.0M94.9M
Liabilities And Stockholders Equity1.8B2.3B2.4B2.7B3.3B3.4B
Inventory195.0M209.9M269.0M367.8M380.3M399.3M
Other Current Assets125.0M94.2M116.6M130.2M131.5M138.1M
Other Stockholder Equity(1.4B)(1.5B)(2.2B)(2.9B)(2.9B)(2.8B)
Total Liab1.7B1.7B1.7B2.1B1.8B1.9B
Total Current Assets679.6M1.1B955.7M1.1B1.5B1.6B
Non Current Liabilities Total929.3M1.1B983.6M902.2M823.8M865.0M
Intangible Assets58.5M52.5M99.0M97.7M84.5M74.5M
Short Long Term Debt Total987.7M908.5M923.7M1.3B1.1B1.1B
Short Term Debt288.8M67.7M168.4M674.4M344.8M211.6M
Property Plant And Equipment Gross614.5M646.3M1.3B649.5M1.6B1.7B
Accumulated Other Comprehensive Income(46.2M)(53.6M)(53.5M)(77.8M)(71.2M)(67.6M)
Common Stock Total Equity10.6M10.6M10.7M10.7M12.3M9.0M
Common Stock10.6M10.6M10.7M10.7M10.8M9.2M
Other Assets240.2M676.7M893.9M387.5M445.6M467.9M
Treasury Stock(2.3B)(2.6B)(2.8B)(3.6B)(3.2B)(3.1B)
Property Plant Equipment533.8M555.2M587.7M649.5M746.9M784.2M
Current Deferred Revenue41.5M42.6M40.0M37.9M37.2M25.0M
Good Will239.7M243.3M359.3M361.8M366.0M206.0M
Other Liab162.8M220.5M208.4M106.6M122.6M83.3M
Long Term Debt698.9M858.5M775.2M694.4M622.9M380.8M
Net Tangible Assets(120.7M)336.2M690.0M149.3M134.3M141.1M
Noncontrolling Interest In Consolidated Entity264K280K352K707K813.1K853.7K
Retained Earnings Total Equity1.6B2.2B2.9B3.6B4.1B4.3B
Long Term Debt Total698.9M858.5M775.2M694.4M798.5M502.0M

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