Merck Current Deferred Revenue vs Total Assets Analysis

MRK Stock  USD 99.18  0.68  0.68%   
Merck financial indicator trend analysis is infinitely more than just investigating Merck Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merck Company is a good investment. Please check the relationship between Merck Current Deferred Revenue and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merck Company Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Merck's Current Deferred Revenue and Total Assets is -0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Merck Company, assuming nothing else is changed. The correlation between historical values of Merck's Current Deferred Revenue and Total 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 Current Deferred Revenue of Merck Company are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Merck's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Merck assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Merck Company books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Merck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merck Company 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.
At this time, Merck's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.18 this year, although the value of Tax Provision will most likely fall to about 2.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit35.1B41.9B44.0B46.2B
Total Revenue48.7B59.3B60.1B32.4B

Merck fundamental ratios Correlations

0.570.660.790.870.530.280.880.731.00.230.740.570.30.740.930.620.150.70.980.30.80.50.270.950.16
0.570.950.750.250.890.910.750.20.590.690.110.88-0.270.950.580.95-0.550.970.50.270.240.770.750.64-0.24
0.660.950.770.390.870.840.820.270.680.550.260.89-0.140.960.660.92-0.440.980.610.220.370.730.690.74-0.09
0.790.750.770.40.610.60.930.420.810.640.280.57-0.250.770.860.76-0.430.820.730.530.370.860.40.87-0.17
0.870.250.390.40.33-0.070.590.790.84-0.160.90.40.670.470.720.350.570.40.90.070.930.060.10.720.37
0.530.890.870.610.330.740.650.330.530.710.120.97-0.140.840.570.9-0.360.870.50.160.390.630.890.53-0.4
0.280.910.840.6-0.070.740.57-0.210.330.66-0.230.74-0.510.80.280.84-0.730.830.180.11-0.090.740.710.41-0.2
0.880.750.820.930.590.650.570.480.890.490.450.65-0.140.820.840.79-0.310.830.840.260.50.810.480.90.01
0.730.20.270.420.790.33-0.210.480.690.080.80.310.540.380.750.270.440.350.80.390.810.110.070.6-0.08
1.00.590.680.810.840.530.330.890.690.250.680.570.260.760.920.630.110.720.960.290.790.540.280.950.13
0.230.690.550.64-0.160.710.660.490.080.25-0.350.61-0.630.530.40.67-0.710.610.170.33-0.080.790.720.31-0.75
0.740.110.260.280.90.12-0.230.450.80.68-0.350.180.740.340.630.170.610.270.830.180.79-0.09-0.160.620.52
0.570.880.890.570.40.970.740.650.310.570.610.18-0.030.870.570.87-0.280.880.530.060.440.570.850.57-0.28
0.3-0.27-0.14-0.250.67-0.14-0.51-0.140.540.26-0.630.74-0.03-0.050.23-0.240.92-0.120.380.070.67-0.61-0.380.190.47
0.740.950.960.770.470.840.80.820.380.760.530.340.87-0.050.710.9-0.340.990.680.270.470.710.630.79-0.1
0.930.580.660.860.720.570.280.840.750.920.40.630.570.230.710.60.030.720.920.520.720.570.250.94-0.05
0.620.950.920.760.350.90.840.790.270.630.670.170.87-0.240.90.6-0.470.930.570.280.330.770.790.62-0.21
0.15-0.55-0.44-0.430.57-0.36-0.73-0.310.440.11-0.710.61-0.280.92-0.340.03-0.47-0.420.23-0.140.57-0.74-0.48-0.030.46
0.70.970.980.820.40.870.830.830.350.720.610.270.88-0.120.990.720.93-0.420.640.350.40.760.660.77-0.17
0.980.50.610.730.90.50.180.840.80.960.170.830.530.380.680.920.570.230.640.30.820.420.220.910.21
0.30.270.220.530.070.160.110.260.390.290.330.180.060.070.270.520.28-0.140.350.30.110.28-0.160.4-0.27
0.80.240.370.370.930.39-0.090.50.810.79-0.080.790.440.670.470.720.330.570.40.820.110.080.160.650.15
0.50.770.730.860.060.630.740.810.110.540.79-0.090.57-0.610.710.570.77-0.740.760.420.280.080.590.59-0.36
0.270.750.690.40.10.890.710.480.070.280.72-0.160.85-0.380.630.250.79-0.480.660.22-0.160.160.590.22-0.48
0.950.640.740.870.720.530.410.90.60.950.310.620.570.190.790.940.62-0.030.770.910.40.650.590.220.14
0.16-0.24-0.09-0.170.37-0.4-0.20.01-0.080.13-0.750.52-0.280.47-0.1-0.05-0.210.46-0.170.21-0.270.15-0.36-0.480.14
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Merck Account Relationship Matchups

Merck fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.4B91.6B105.7B109.2B106.7B60.3B
Short Long Term Debt Total26.3B31.8B33.1B30.7B36.3B38.1B
Other Current Liab14.9B14.7B15.6B16.0B17.5B18.3B
Total Current Liabilities22.2B27.3B23.9B24.2B25.7B13.3B
Total Stockholder Equity25.9B25.3B38.2B46.0B37.6B25.5B
Property Plant And Equipment Net15.1B18.0B19.3B21.4B24.5B25.7B
Net Debt16.7B23.7B25.0B18.0B29.4B30.8B
Retained Earnings46.6B47.4B53.7B61.1B53.9B32.6B
Cash9.7B8.1B8.1B12.7B6.9B5.6B
Non Current Assets Total56.9B63.8B75.4B73.4B74.5B41.1B
Non Currrent Assets Other5.3B9.2B8.1B7.7B10.6B6.1B
Cash And Short Term Investments10.5B8.1B8.1B13.2B7.1B7.3B
Net Receivables6.8B7.2B9.2B9.5B11.7B12.3B
Common Stock Shares Outstanding2.6B2.5B2.5B2.5B2.5B2.7B
Liabilities And Stockholders Equity84.4B91.6B105.7B109.2B106.7B60.3B
Non Current Liabilities Total36.2B38.9B43.6B38.9B43.3B45.5B
Inventory6.0B6.3B6.0B5.9B6.4B3.7B
Other Current Assets4.3B6.9B7.0B7.2B7.0B7.4B
Other Stockholder Equity(16.3B)(17.2B)(12.9B)(12.1B)(12.9B)(12.3B)
Total Liab58.4B66.2B67.4B63.1B69.0B72.5B
Total Current Assets27.5B27.8B30.3B35.7B32.2B19.2B
Short Term Debt3.6B6.7B2.4B1.9B1.7B2.3B
Intangible Assets14.2B14.6B22.9B20.3B18.0B14.3B
Accounts Payable3.7B4.3B4.6B4.3B3.9B2.8B
Property Plant And Equipment Gross15.1B18.0B37.5B39.4B41.3B43.4B
Accumulated Other Comprehensive Income(6.2B)(6.6B)(4.4B)(4.8B)(5.2B)(4.9B)
Short Term Investments774M1M0.0498M252M239.4M
Other Liab12.7B12.1B11.7B9.1B10.5B10.2B
Other Assets5.3B7.8B9.4B7.4B8.5B5.5B
Long Term Debt22.7B25.4B30.7B28.7B33.7B17.2B
Good Will19.4B20.2B21.3B21.2B21.2B12.3B
Treasury Stock(56.0B)(56.8B)(57.1B)(56.5B)(57.5B)(54.6B)
Property Plant Equipment15.1B18.0B19.3B21.4B24.6B16.2B
Net Tangible Assets(7.7B)(9.5B)3.5B4.5B4.1B4.5B
Noncontrolling Interest In Consolidated Entity94M87M73M67M54M51.3M

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When determining whether Merck Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Merck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Merck Company Stock. Highlighted below are key reports to facilitate an investment decision about Merck Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. 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.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Pharmaceuticals 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 Merck. If investors know Merck 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 Merck 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
(0.33)
Dividend Share
3.04
Earnings Share
4.78
Revenue Per Share
24.931
Quarterly Revenue Growth
0.044
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck'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 Merck's market value can be influenced by many factors that don't directly affect Merck'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 Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck'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.