Resmed Depreciation vs Sale Purchase Of Stock Analysis

RMD Stock   38.19  0.13  0.34%   
Resmed financial indicator trend analysis is much more than just breaking down Resmed Inc DRC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resmed Inc DRC is a good investment. Please check the relationship between Resmed Depreciation and its Sale Purchase Of Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resmed Inc DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation vs Sale Purchase Of Stock

Depreciation vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resmed Inc DRC Depreciation account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Resmed's Depreciation and Sale Purchase Of Stock is 0.2. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Resmed Inc DRC, assuming nothing else is changed. The correlation between historical values of Resmed's Depreciation and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Resmed Inc DRC are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Depreciation i.e., Resmed's Depreciation and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation

Depreciation indicates how much of Resmed Inc DRC value has been used up. For tax purposes Resmed can deduct the cost of the tangible assets it purchases as business expenses. However, Resmed Inc DRC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Sale Purchase Of Stock

Most indicators from Resmed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resmed Inc DRC 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 Resmed Inc DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 709.4 M in 2024. Tax Provision is likely to drop to about 182 M in 2024
 2022 2023 2024 (projected)
Total Revenue4.2B4.7B4.9B
Depreciation And Amortization197.6M216.2M227.0M

Resmed fundamental ratios Correlations

0.580.750.890.970.920.740.980.95-0.330.980.9-0.330.97-0.310.80.950.960.280.910.88-0.170.9-0.240.490.98
0.580.270.470.40.430.80.460.42-0.130.60.3-0.130.450.260.910.50.43-0.220.840.440.140.760.220.470.49
0.750.270.710.790.740.420.780.71-0.250.70.7-0.250.79-0.230.430.80.720.480.570.75-0.080.55-0.110.390.73
0.890.470.710.870.860.630.880.89-0.280.890.82-0.280.89-0.230.630.790.860.110.820.760.030.81-0.240.510.9
0.970.40.790.870.930.590.990.96-0.290.930.91-0.290.98-0.420.650.950.960.420.790.91-0.20.78-0.280.460.97
0.920.430.740.860.930.470.920.89-0.050.840.76-0.050.93-0.130.620.860.90.270.760.95-0.130.7-0.210.670.9
0.740.80.420.630.590.470.640.63-0.650.830.67-0.650.61-0.150.920.720.67-0.040.90.4-0.210.94-0.240.150.73
0.980.460.780.880.990.920.640.97-0.310.950.92-0.30.99-0.380.70.940.940.340.830.9-0.150.82-0.230.490.97
0.950.420.710.890.960.890.630.97-0.340.940.89-0.330.96-0.450.670.870.930.210.810.83-0.20.83-0.270.450.96
-0.33-0.13-0.25-0.28-0.29-0.05-0.65-0.31-0.34-0.48-0.581.0-0.260.42-0.35-0.42-0.42-0.11-0.360.10.58-0.50.660.35-0.44
0.980.60.70.890.930.840.830.950.94-0.480.92-0.480.94-0.350.830.930.940.210.930.78-0.240.95-0.320.40.98
0.90.30.70.820.910.760.670.920.89-0.580.92-0.580.91-0.50.610.880.890.380.740.68-0.350.8-0.450.280.92
-0.33-0.13-0.25-0.28-0.29-0.05-0.65-0.3-0.331.0-0.48-0.58-0.260.42-0.35-0.42-0.41-0.11-0.360.10.58-0.50.660.34-0.43
0.970.450.790.890.980.930.610.990.96-0.260.940.91-0.26-0.340.690.90.920.280.820.9-0.140.81-0.20.550.95
-0.310.26-0.23-0.23-0.42-0.13-0.15-0.38-0.450.42-0.35-0.50.42-0.340.02-0.33-0.4-0.52-0.07-0.170.2-0.20.260.41-0.39
0.80.910.430.630.650.620.920.70.67-0.350.830.61-0.350.690.020.740.69-0.090.960.59-0.140.93-0.050.410.75
0.950.50.80.790.950.860.720.940.87-0.420.930.88-0.420.9-0.330.740.950.470.820.84-0.260.81-0.330.360.94
0.960.430.720.860.960.90.670.940.93-0.420.940.89-0.410.92-0.40.690.950.350.810.82-0.330.82-0.440.360.98
0.28-0.220.480.110.420.27-0.040.340.21-0.110.210.38-0.110.28-0.52-0.090.470.35-0.020.39-0.11-0.02-0.17-0.170.28
0.910.840.570.820.790.760.90.830.81-0.360.930.74-0.360.82-0.070.960.820.81-0.020.71-0.090.98-0.130.490.87
0.880.440.750.760.910.950.40.90.830.10.780.680.10.9-0.170.590.840.820.390.710.040.630.00.650.82
-0.170.14-0.080.03-0.2-0.13-0.21-0.15-0.20.58-0.24-0.350.58-0.140.2-0.14-0.26-0.33-0.11-0.090.04-0.180.710.16-0.27
0.90.760.550.810.780.70.940.820.83-0.50.950.8-0.50.81-0.20.930.810.82-0.020.980.63-0.18-0.240.380.89
-0.240.22-0.11-0.24-0.28-0.21-0.24-0.23-0.270.66-0.32-0.450.66-0.20.26-0.05-0.33-0.44-0.17-0.130.00.71-0.240.15-0.4
0.490.470.390.510.460.670.150.490.450.350.40.280.340.550.410.410.360.36-0.170.490.650.160.380.150.41
0.980.490.730.90.970.90.730.970.96-0.440.980.92-0.430.95-0.390.750.940.980.280.870.82-0.270.89-0.40.41
Click cells to compare fundamentals

Resmed Account Relationship Matchups

Resmed fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.7B5.1B6.8B6.9B7.2B
Short Long Term Debt Total1.3B793.7M917.6M1.6B873.9M442.7M
Other Current Liab(54.2M)304.1M389.6M365.7M350.7M368.2M
Total Current Liabilities602.8M911.8M689.3M758.5M910.7M956.2M
Total Stockholder Equity2.5B2.9B3.4B4.1B4.9B5.1B
Property Plant And Equipment Net535.7M592.1M630.5M665.8M699.1M734.1M
Net Debt836.1M498.4M643.8M1.4B635.6M667.4M
Retained Earnings2.8B3.1B3.6B4.3B5.0B5.2B
Accounts Payable135.8M138.0M159.2M150.8M237.7M249.6M
Cash463.2M295.3M273.7M227.9M238.4M333.5M
Non Current Assets Total3.1B3.2B3.2B4.4B4.5B4.7B
Non Currrent Assets Other189.7M240.8M251.5M395.4M487.6M511.9M
Cash And Short Term Investments463.2M295.3M273.7M227.9M238.4M338.0M
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B147.6M140.2M
Liabilities And Stockholders Equity4.6B4.7B5.1B6.8B6.9B7.2B
Non Current Liabilities Total1.5B930.7M1.0B1.9B1.1B1.2B
Inventory416.9M457.0M743.9M998.0M822.3M863.4M
Other Current Assets168.7M296.5M337.9M437.0M459.8M482.8M
Other Stockholder Equity(389.7M)(415.9M)59.2M148.8M123.3M129.5M
Total Liab2.1B1.8B1.7B2.6B2.0B2.1B
Total Current Assets1.5B1.6B1.9B2.4B2.4B2.5B
Short Term Debt33.3M35.6M31.8M31.8M35.2M66.5M
Intangible Assets448.2M392.6M345.9M552.3M485.9M510.2M
Accumulated Other Comprehensive Income(284.0M)(193.5M)(312.7M)(272.5M)(251.5M)(239.0M)
Common Stock580K583K586K588K676.2K443.7K
Current Deferred Revenue98.6M109.6M108.7M138.1M152.6M160.2M
Good Will1.9B1.9B1.9B2.8B2.8B3.0B
Other Liab221.6M172.6M160.0M315.2M362.5M380.6M
Net Tangible Assets158.5M565.2M1.1B807.3M726.5M539.8M
Other Assets145.6M200.7M202.3M261.3M300.5M161.7M
Long Term Debt1.2B643.4M765.3M1.4B697.3M878.4M
Short Long Term Debt12.0M12M9.9M9.9M9.9M9.4M
Property Plant Equipment535.7M592.1M630.5M665.8M765.7M527.8M
Long Term Debt Total1.3B1.2B643.4M765.3M688.8M691.8M
Capital Surpluse1.5B1.6B1.6B1.7B1.9B1.7B

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Additional Tools for Resmed Stock Analysis

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