Resideo Net Invested Capital vs Total Assets Analysis

REZI Stock

USD 27.69 0.48 1.76%

Resideo Technologies financial indicator trend analysis is much more than just breaking down Resideo Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resideo Technologies is a good investment. Please check the relationship between Resideo Technologies Net Invested Capital and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resideo Technologies Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Resideo Technologies' Net Invested Capital and Total Assets is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Resideo Technologies, assuming nothing else is changed. The correlation between historical values of Resideo Technologies' Net Invested Capital 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 Net Invested Capital of Resideo Technologies 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 Net Invested Capital i.e., Resideo Technologies' Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Resideo Technologies 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 Resideo Technologies 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 Resideo Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resideo Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.As of now, Resideo Technologies' Selling General Administrative is increasing as compared to previous years. The Resideo Technologies' current Enterprise Value Over EBITDA is estimated to increase to 8.28, while Tax Provision is projected to decrease to under 85.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	48M	58M	65M	40.6M
Depreciation And Amortization	88M	94M	98M	85.8M

Interest Expense Depreciation And Amortization

Resideo Technologies fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.89	0.74	0.68	-0.03	0.64	-0.23	0.69	0.46	0.58	0.58	0.79	0.86	0.64	0.7	0.79	0.88	0.69	-0.7	0.7	0.86	0.73	0.72	0.7	0.97	0.88
Total Assets	0.89		0.91	0.91	-0.36	0.84	-0.52	0.82	0.72	0.84	0.84	0.86	0.96	0.77	0.66	0.86	0.98	0.72	-0.85	0.92	0.98	0.94	0.93	0.92	0.88	0.99
Other Current Liab	0.74	0.91		0.9	-0.52	0.82	-0.52	0.65	0.67	0.85	0.84	0.79	0.85	0.92	0.71	0.79	0.85	0.59	-0.74	0.92	0.9	0.98	0.93	0.92	0.75	0.91
Total Current Liabilities	0.68	0.91	0.9		-0.71	0.93	-0.72	0.64	0.89	0.94	0.99	0.8	0.83	0.81	0.69	0.8	0.88	0.7	-0.86	0.99	0.9	0.94	0.99	0.99	0.67	0.92
Total Stockholder Equity	-0.03	-0.36	-0.52	-0.71		-0.7	0.76	-0.1	-0.82	-0.72	-0.79	-0.37	-0.24	-0.5	-0.46	-0.37	-0.33	-0.23	0.48	-0.69	-0.4	-0.55	-0.67	-0.7	-0.08	-0.42
Other Liab	0.64	0.84	0.82	0.93	-0.7		-0.65	0.59	0.82	0.82	0.91	0.81	0.73	0.74	0.72	0.81	0.83	0.64	-0.89	0.94	0.82	0.86	0.92	0.94	0.65	0.87
Net Tangible Assets	-0.23	-0.52	-0.52	-0.72	0.76	-0.65		-0.48	-0.8	-0.86	-0.78	-0.24	-0.56	-0.28	-0.2	-0.24	-0.56	-0.45	0.66	-0.71	-0.6	-0.62	-0.65	-0.72	-0.24	-0.48
Property Plant And Equipment Net	0.69	0.82	0.65	0.64	-0.1	0.59	-0.48		0.53	0.67	0.59	0.63	0.85	0.35	0.29	0.63	0.78	0.53	-0.73	0.68	0.8	0.72	0.66	0.67	0.7	0.77
Current Deferred Revenue	0.46	0.72	0.67	0.89	-0.82	0.82	-0.8	0.53		0.9	0.94	0.68	0.61	0.55	0.59	0.68	0.68	0.45	-0.7	0.9	0.75	0.74	0.88	0.9	0.5	0.75
Net Debt	0.58	0.84	0.85	0.94	-0.72	0.82	-0.86	0.67	0.9		0.94	0.62	0.82	0.67	0.51	0.62	0.82	0.57	-0.77	0.95	0.89	0.91	0.93	0.95	0.6	0.82
Accounts Payable	0.58	0.84	0.84	0.99	-0.79	0.91	-0.78	0.59	0.94	0.94		0.75	0.76	0.74	0.65	0.75	0.81	0.66	-0.84	0.97	0.84	0.89	0.96	0.98	0.57	0.86
Cash	0.79	0.86	0.79	0.8	-0.37	0.81	-0.24	0.63	0.68	0.62	0.75		0.69	0.76	0.86	1.0	0.76	0.52	-0.7	0.82	0.78	0.77	0.86	0.82	0.82	0.92
Non Current Assets Total	0.86	0.96	0.85	0.83	-0.24	0.73	-0.56	0.85	0.61	0.82	0.76	0.69		0.66	0.46	0.69	0.97	0.77	-0.83	0.84	0.96	0.9	0.83	0.84	0.82	0.9
Non Currrent Assets Other	0.64	0.77	0.92	0.81	-0.5	0.74	-0.28	0.35	0.55	0.67	0.74	0.76	0.66		0.75	0.76	0.71	0.53	-0.58	0.8	0.74	0.86	0.84	0.8	0.64	0.81
Other Assets	0.7	0.66	0.71	0.69	-0.46	0.72	-0.2	0.29	0.59	0.51	0.65	0.86	0.46	0.75		0.86	0.56	0.39	-0.54	0.7	0.61	0.62	0.74	0.7	0.73	0.75
Cash And Short Term Investments	0.79	0.86	0.79	0.8	-0.37	0.81	-0.24	0.63	0.68	0.62	0.75	1.0	0.69	0.76	0.86		0.76	0.52	-0.7	0.82	0.78	0.77	0.86	0.82	0.82	0.92
Net Receivables	0.88	0.98	0.85	0.88	-0.33	0.83	-0.56	0.78	0.68	0.82	0.81	0.76	0.97	0.71	0.56	0.76		0.79	-0.87	0.89	0.97	0.91	0.88	0.89	0.85	0.94
Good Will	0.69	0.72	0.59	0.7	-0.23	0.64	-0.45	0.53	0.45	0.57	0.66	0.52	0.77	0.53	0.39	0.52	0.79		-0.87	0.64	0.67	0.65	0.63	0.65	0.52	0.66
Common Stock Total Equity	-0.7	-0.85	-0.74	-0.86	0.48	-0.89	0.66	-0.73	-0.7	-0.77	-0.84	-0.7	-0.83	-0.58	-0.54	-0.7	-0.87	-0.87		-0.85	-0.81	-0.81	-0.81	-0.85	-0.62	-0.82
Non Current Liabilities Total	0.7	0.92	0.92	0.99	-0.69	0.94	-0.71	0.68	0.9	0.95	0.97	0.82	0.84	0.8	0.7	0.82	0.89	0.64	-0.85		0.93	0.95	0.99	1.0	0.72	0.94
Inventory	0.86	0.98	0.9	0.9	-0.4	0.82	-0.6	0.8	0.75	0.89	0.84	0.78	0.96	0.74	0.61	0.78	0.97	0.67	-0.81	0.93		0.94	0.92	0.92	0.87	0.96
Other Current Assets	0.73	0.94	0.98	0.94	-0.55	0.86	-0.62	0.72	0.74	0.91	0.89	0.77	0.9	0.86	0.62	0.77	0.91	0.65	-0.81	0.95	0.94		0.95	0.95	0.74	0.93
Other Stockholder Equity	0.72	0.93	0.93	0.99	-0.67	0.92	-0.65	0.66	0.88	0.93	0.96	0.86	0.83	0.84	0.74	0.86	0.88	0.63	-0.81	0.99	0.92	0.95		0.99	0.74	0.95
Total Liab	0.7	0.92	0.92	0.99	-0.7	0.94	-0.72	0.67	0.9	0.95	0.98	0.82	0.84	0.8	0.7	0.82	0.89	0.65	-0.85	1.0	0.92	0.95	0.99		0.71	0.93
Property Plant And Equipment Gross	0.97	0.88	0.75	0.67	-0.08	0.65	-0.24	0.7	0.5	0.6	0.57	0.82	0.82	0.64	0.73	0.82	0.85	0.52	-0.62	0.72	0.87	0.74	0.74	0.71		0.89
Total Current Assets	0.88	0.99	0.91	0.92	-0.42	0.87	-0.48	0.77	0.75	0.82	0.86	0.92	0.9	0.81	0.75	0.92	0.94	0.66	-0.82	0.94	0.96	0.93	0.95	0.93	0.89

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Resideo Technologies Account Relationship Matchups

Resideo Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	123.2M	126.3M	148.4M	149M	148M	145.2M
Total Assets	5.1B	5.6B	5.9B	6.4B	6.6B	6.0B
Other Current Liab	552M	500M	515M	565M	535M	395.5M
Total Current Liabilities	1.5B	1.5B	1.5B	1.5B	1.5B	1.6B
Total Stockholder Equity	1.6B	2.0B	2.3B	2.5B	2.7B	2.5B
Other Liab	763M	817M	887M	742M	853.3M	792.2M
Net Tangible Assets	(1.2B)	(108M)	176M	(670M)	(603M)	(633.2M)
Property Plant And Equipment Net	316M	318M	287M	366M	582M	370.6M
Net Debt	1.1B	645M	451M	1.1B	977M	694.9M
Accounts Payable	920M	936M	883M	894M	905M	937.9M
Cash	122M	517M	779M	326M	636M	377.9M
Non Current Assets Total	3.3B	3.4B	3.3B	3.9B	3.9B	3.7B
Non Currrent Assets Other	258M	376M	364M	320M	144M	208.9M
Other Assets	121M	108M	364M	107M	123.1M	133.9M
Cash And Short Term Investments	122M	517M	779M	326M	636M	377.9M
Net Receivables	817M	863M	876M	1.0B	973M	947.9M
Good Will	2.6B	2.7B	2.7B	2.7B	2.7B	2.9B
Liabilities And Stockholders Equity	5.1B	5.6B	5.9B	6.4B	6.6B	6.0B
Non Current Liabilities Total	2.0B	2.1B	2.1B	2.3B	2.4B	1.9B
Inventory	671M	672M	740M	975M	941M	760.0M
Other Current Assets	175M	173M	146M	199M	193M	151.3M
Other Stockholder Equity	1.8B	2.1B	2.1B	2.1B	2.1B	1.8B
Total Liab	3.5B	3.6B	3.6B	3.9B	3.9B	3.5B
Property Plant And Equipment Gross	316M	318M	1.1B	1.0B	1.1B	638.1M
Total Current Assets	1.8B	2.2B	2.5B	2.5B	2.7B	2.2B
Accumulated Other Comprehensive Income	(189M)	(194M)	(146M)	(165M)	(212M)	(203.7M)
Non Current Liabilities Other	280M	334M	302M	328M	366M	308.6M
Intangible Assets	127M	135M	120M	475M	461M	237.9M
Property Plant Equipment	453M	318M	287M	366M	420.9M	353.6M
Net Invested Capital	2.8B	3.2B	3.5B	3.9B	4.2B	3.6B
Net Working Capital	291M	687M	1.0B	956M	1.2B	748.6M
Short Long Term Debt Total	1.2B	1.2B	1.2B	1.4B	1.6B	1.4B
Retained Earnings	38M	75M	317M	600M	810M	850.5M
Long Term Debt	1.2B	1.2B	1.2B	1.4B	1.4B	1.4B
Retained Earnings Total Equity	38M	75M	317M	600M	690M	724.5M
Long Term Debt Total	1.2B	1.2B	1.2B	1.4B	1.6B	1.3B
Capital Surpluse	1.8B	2.1B	2.1B	2.2B	2.5B	2.2B

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When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock:

How To Invest In Resideo

Details

Is Resideo Stock a good investment?

Details

What is Resideo Technologies' Net Worth?

Details

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resideo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Is Building Products 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 Resideo Technologies. If investors know Resideo 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 Resideo Technologies 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

(0.50)

Earnings Share

1.09

Revenue Per Share

44.034

Quarterly Revenue Growth

0.176

Return On Assets

0.0496

The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo Technologies' 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 Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo Technologies' 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 Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo Technologies' 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.

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Resideo Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

Resideo Technologies fundamental ratios Correlations

Resideo Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Resideo Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Total Current Liabilities

Common Stock Total Equity	- 0.89	Other Liab
Common Stock Total Equity	- 0.87	Good Will
Common Stock Total Equity	- 0.87	Net Receivables
Net Debt	- 0.86	Net Tangible Assets
Common Stock Total Equity	- 0.86	Total Current Liabilities
Total Liab	- 0.85	Common Stock Total Equity