Agilent Technologies Total Debt vs. Net Income
| A1GI34 Stock | 402.87 0.00 0.00% |
For Agilent Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Agilent Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Agilent Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Agilent Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Agilent Technologies over time as well as its relative position and ranking within its peers.
Agilent |
Agilent Technologies Net Income vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Agilent Technologies's current stock value. Our valuation model uses many indicators to compare Agilent Technologies value to that of its competitors to determine the firm's financial worth. Agilent Technologies is rated below average in total debt category among its peers. It is rated below average in net income category among its peers making up about 0.46 of Net Income per Total Debt. The ratio of Total Debt to Net Income for Agilent Technologies is roughly 2.18 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Agilent Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Agilent Technologies' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Agilent Total Debt vs. Competition
Agilent Technologies is rated below average in total debt category among its peers. Total debt of Diagnostics & Research industry is presently estimated at about 15.82 Billion. Agilent Technologies retains roughly 2.73 Billion in total debt claiming about 17% of equities under Diagnostics & Research industry.
Agilent Net Income vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Agilent Technologies |
| = | 2.73 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Agilent Technologies |
| = | 1.25 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Agilent Net Income Comparison
Agilent Technologies is rated below average in net income category among its peers.
Agilent Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Agilent Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Agilent Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Agilent Technologies' important profitability drivers and their relationship over time.
Use Agilent Technologies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agilent Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agilent Technologies will appreciate offsetting losses from the drop in the long position's value.Agilent Technologies Pair Trading
Agilent Technologies Pair Trading Analysis
The ability to find closely correlated positions to Agilent Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilent Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agilent Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agilent Technologies to buy it.
The correlation of Agilent Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agilent Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilent Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agilent Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Agilent Technologies position
In addition to having Agilent Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Agilent Stock
When determining whether Agilent Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agilent 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 Agilent Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agilent Technologies Stock:Check out Trending Equities. For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
To fully project Agilent Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Agilent Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Agilent Technologies' income statement, its balance sheet, and the statement of cash flows.