Intuitive Intangible Assets vs Short Term Investments Analysis

ISRG Stock  USD 547.87  2.75  0.50%   
Intuitive Surgical financial indicator trend analysis is infinitely more than just investigating Intuitive Surgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuitive Surgical is a good investment. Please check the relationship between Intuitive Surgical Intangible Assets and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.

Intangible Assets vs Short Term Investments

Intangible Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuitive Surgical Intangible Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Intuitive Surgical's Intangible Assets and Short Term Investments is 0.16. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Intuitive Surgical, assuming nothing else is changed. The correlation between historical values of Intuitive Surgical's Intangible Assets and Short 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 Intangible Assets of Intuitive Surgical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Intangible Assets i.e., Intuitive Surgical's Intangible Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Investments

Short Term Investments is an item under the current assets section of Intuitive Surgical balance sheet. It contains any investments Intuitive Surgical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Intuitive Surgical can easily liquidate in the marketplace.
Most indicators from Intuitive Surgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intuitive Surgical 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 Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.The Intuitive Surgical's current Selling General Administrative is estimated to increase to about 2.1 B. The Intuitive Surgical's current Tax Provision is estimated to increase to about 162.9 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization310.2M380.4M435.2M457.0M
Income Tax Expense162.2M262.4M141.6M137.0M

Intuitive Surgical fundamental ratios Correlations

0.671.0-0.010.960.430.790.990.980.940.960.950.25-0.050.910.710.970.90.950.690.94-0.070.910.070.90.92
0.670.67-0.360.580.930.580.70.660.590.670.540.130.330.540.580.680.580.560.440.680.050.49-0.20.450.52
1.00.67-0.010.960.430.770.980.980.940.950.940.24-0.050.910.710.970.90.940.690.94-0.080.910.060.90.92
-0.01-0.36-0.010.14-0.42-0.27-0.1-0.03-0.1-0.030.070.22-0.990.09-0.09-0.09-0.040.06-0.01-0.09-0.10.130.120.150.09
0.960.580.960.140.350.630.90.90.860.860.920.2-0.20.890.660.910.840.90.610.87-0.210.90.090.890.91
0.430.930.43-0.420.350.350.470.430.350.460.250.170.430.250.540.420.440.280.360.520.180.19-0.380.150.21
0.790.580.77-0.270.630.350.840.860.880.840.790.080.220.740.480.880.650.810.430.71-0.010.820.130.810.79
0.990.70.98-0.10.90.470.840.990.950.970.920.260.050.880.720.970.90.930.70.940.00.880.040.870.89
0.980.660.98-0.030.90.430.860.990.960.980.940.31-0.020.890.690.970.880.950.690.920.030.90.080.890.91
0.940.590.94-0.10.860.350.880.950.960.930.920.280.040.880.590.970.820.950.640.86-0.060.880.170.870.9
0.960.670.95-0.030.860.460.840.970.980.930.870.35-0.010.80.790.930.910.890.730.960.090.86-0.070.840.83
0.950.540.940.070.920.250.790.920.940.920.870.16-0.150.980.470.970.750.990.560.78-0.160.950.360.940.99
0.250.130.240.220.20.170.080.260.310.280.350.16-0.20.110.320.180.230.240.290.330.790.08-0.280.080.1
-0.050.33-0.05-0.99-0.20.430.220.05-0.020.04-0.01-0.15-0.2-0.180.140.020.02-0.140.00.070.13-0.19-0.21-0.21-0.17
0.910.540.910.090.890.250.740.880.890.880.80.980.11-0.180.370.940.680.970.50.7-0.230.920.430.910.98
0.710.580.71-0.090.660.540.480.720.690.590.790.470.320.140.370.590.850.480.680.890.130.52-0.560.50.43
0.970.680.97-0.090.910.420.880.970.970.970.930.970.180.020.940.590.80.970.570.86-0.10.940.180.930.96
0.90.580.9-0.040.840.440.650.90.880.820.910.750.230.020.680.850.80.760.890.95-0.040.71-0.130.690.69
0.950.560.940.060.90.280.810.930.950.950.890.990.24-0.140.970.480.970.760.610.79-0.10.920.350.920.97
0.690.440.69-0.010.610.360.430.70.690.640.730.560.290.00.50.680.570.890.610.750.050.410.00.40.47
0.940.680.94-0.090.870.520.710.940.920.860.960.780.330.070.70.890.860.950.790.750.070.78-0.250.760.75
-0.070.05-0.08-0.1-0.210.18-0.010.00.03-0.060.09-0.160.790.13-0.230.13-0.1-0.04-0.10.050.07-0.21-0.38-0.22-0.22
0.910.490.910.130.90.190.820.880.90.880.860.950.08-0.190.920.520.940.710.920.410.78-0.210.21.00.97
0.07-0.20.060.120.09-0.380.130.040.080.17-0.070.36-0.28-0.210.43-0.560.18-0.130.350.0-0.25-0.380.20.210.36
0.90.450.90.150.890.150.810.870.890.870.840.940.08-0.210.910.50.930.690.920.40.76-0.221.00.210.97
0.920.520.920.090.910.210.790.890.910.90.830.990.1-0.170.980.430.960.690.970.470.75-0.220.970.360.97
Click cells to compare fundamentals

Intuitive Surgical Account Relationship Matchups

Intuitive Surgical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B11.2B13.6B13.0B15.4B16.2B
Total Stockholder Equity8.3B9.8B12.0B11.1B13.3B14.0B
Net Debt(1.1B)(1.5B)(1.2B)(1.5B)(2.7B)(2.5B)
Retained Earnings2.5B3.3B4.8B3.5B4.7B5.0B
Common Stock Shares Outstanding358.5M360.9M365.8M362M357.4M333.9M
Liabilities And Stockholders Equity9.7B11.2B13.6B13.0B15.4B16.2B
Non Current Liabilities Total159.7M139M224.1M439.3M385.5M404.8M
Other Stockholder Equity5.8B6.4B7.2B7.7B8.6B9.0B
Total Liab1.4B1.4B1.6B1.9B2.0B2.1B
Other Current Liab568.9M486.1M576.9M781.7M912.5M958.1M
Total Current Liabilities1.4B1.4B1.6B1.9B1.7B1.7B
Property Plant And Equipment Net1.3B1.6B1.9B2.4B3.5B3.7B
Accounts Payable1.1B81.6M121.2M147M188.7M101.8M
Cash1.2B1.6B1.3B1.6B2.8B1.6B
Non Current Assets Total2.2B3.1B3.6B4.4B7.6B7.9B
Cash And Short Term Investments5.8B6.9B8.6B6.7B5.2B2.8B
Net Receivables645.2M645.5M893M1.1B1.3B1.3B
Short Term Investments2.1B3.5B2.9B2.5B2.5B2.6B
Inventory595.5M601.5M587.1M893.2M1.2B1.3B
Other Current Assets200.2M393.8M133.9M168.6M176.7M185.5M
Total Current Assets7.5B8.1B10.0B8.6B7.9B8.3B
Accumulated Other Comprehensive Income12.4M24.9M(24.2M)(162.5M)(12.2M)(12.8M)
Short Term Debt568.9M21.9M20.4M24.2M25.3M24.0M
Non Currrent Assets Other(2.4B)(986.6M)(3.5B)(1.6B)597.6M627.5M
Property Plant And Equipment Gross1.3B1.6B2.8B3.6B5.1B5.4B
Intangible Assets112.1M77.4M70.5M49.8M39.1M69.4M
Property Plant Equipment1.3B1.6B1.9B2.4B2.7B2.9B
Current Deferred Revenue365.2M382.4M414M438.3M446.1M468.4M
Other Liab349.6M386.6M414M369.7M425.2M446.4M
Other Assets680.5M2.1B13.6B1.2B1.4B1.1B
Good Will307.2M336.7M343.6M348.5M348.7M214.6M
Net Tangible Assets7.5B8.9B11.6B10.0B11.5B5.9B
Noncontrolling Interest In Consolidated Entity20.9M27.6M50.4M70.7M81.3M85.4M
Retained Earnings Total Equity2.5B3.3B4.8B3.5B4.0B4.2B
Capital Surpluse5.8B6.4B7.2B7.7B8.9B4.6B
Deferred Long Term Liab51.5M53.1M71.8M72.3M83.1M87.3M
Long Term Investments2.6B1.8B4.4B2.6B2.1B2.1B

Currently Active Assets on Macroaxis

When determining whether Intuitive Surgical is a strong investment it is important to analyze Intuitive Surgical'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 Intuitive Surgical's future performance. For an informed investment choice regarding Intuitive Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Intuitive Surgical. If investors know Intuitive 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 Intuitive Surgical 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
0.345
Earnings Share
6.22
Revenue Per Share
22.22
Quarterly Revenue Growth
0.169
Return On Assets
0.0795
The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical'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 Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical'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 Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical'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.