Linde Plc Ordinary Stock Total Asset
LIN Stock | USD 457.12 0.52 0.11% |
Linde plc Ordinary fundamentals help investors to digest information that contributes to Linde Plc's financial success or failures. It also enables traders to predict the movement of Linde Stock. The fundamental analysis module provides a way to measure Linde Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Linde Plc stock.
Last Reported | Projected for Next Year | ||
Total Assets | 80.8 B | 84.9 B | |
Intangibles To Total Assets | 0.48 | 0.51 |
Linde | Total Asset |
Linde plc Ordinary Company Total Asset Analysis
Linde Plc's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Linde Plc Total Asset | 80.81 B |
Most of Linde Plc's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Linde plc Ordinary is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Linde Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Linde Plc is extremely important. It helps to project a fair market value of Linde Stock properly, considering its historical fundamentals such as Total Asset. Since Linde Plc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Linde Plc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Linde Plc's interrelated accounts and indicators.
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Linde Total Asset Historical Pattern
Today, most investors in Linde Plc Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Linde Plc's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Linde Plc total asset as a starting point in their analysis.
Linde Plc Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Linde Total Assets
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Based on the latest financial disclosure, Linde plc Ordinary has a Total Asset of 80.81 B. This is 363.44% higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The total asset for all United States stocks is 174.25% lower than that of the firm.
Linde Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Linde Plc's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Linde Plc could also be used in its relative valuation, which is a method of valuing Linde Plc by comparing valuation metrics of similar companies.Linde Plc is currently under evaluation in total asset category among its peers.
Linde Plc ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Linde Plc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Linde Plc's managers, analysts, and investors.Environmental | Governance | Social |
Linde Plc Institutional Holders
Institutional Holdings refers to the ownership stake in Linde Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Linde Plc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Linde Plc's value.Shares | Jpmorgan Chase & Co | 2024-06-30 | 8.2 M | Norges Bank | 2024-06-30 | 7.2 M | Bank Of New York Mellon Corp | 2024-06-30 | 7.1 M | Wellington Management Company Llp | 2024-06-30 | 6.7 M | Nuveen Asset Management, Llc | 2024-06-30 | 5.4 M | Winder Pte Ltd | 2024-09-30 | 5.1 M | Northern Trust Corp | 2024-09-30 | 4.4 M | Wells Fargo & Co | 2024-06-30 | 4.3 M | Franklin Resources Inc | 2024-09-30 | 4.3 M | Vanguard Group Inc | 2024-09-30 | 44.8 M | Blackrock Inc | 2024-06-30 | 36 M |
Linde Fundamentals
Return On Equity | 0.16 | ||||
Return On Asset | 0.0683 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.27 % | ||||
Current Valuation | 234.74 B | ||||
Shares Outstanding | 476.16 M | ||||
Shares Owned By Insiders | 0.21 % | ||||
Shares Owned By Institutions | 87.12 % | ||||
Number Of Shares Shorted | 5.22 M | ||||
Price To Earning | 45.62 X | ||||
Price To Book | 5.55 X | ||||
Price To Sales | 6.59 X | ||||
Revenue | 32.85 B | ||||
Gross Profit | 13.91 B | ||||
EBITDA | 12.22 B | ||||
Net Income | 6.2 B | ||||
Cash And Equivalents | 5.44 B | ||||
Cash Per Share | 7.60 X | ||||
Total Debt | 20.32 B | ||||
Debt To Equity | 0.39 % | ||||
Current Ratio | 0.74 X | ||||
Book Value Per Share | 82.27 X | ||||
Cash Flow From Operations | 9.3 B | ||||
Short Ratio | 2.95 X | ||||
Earnings Per Share | 13.17 X | ||||
Price To Earnings To Growth | 2.56 X | ||||
Target Price | 493.97 | ||||
Number Of Employees | 65.6 K | ||||
Beta | 0.95 | ||||
Market Capitalization | 217.66 B | ||||
Total Asset | 80.81 B | ||||
Retained Earnings | 8.85 B | ||||
Working Capital | (3.1 B) | ||||
Current Asset | 193.42 M | ||||
Current Liabilities | 107.75 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.70 % | ||||
Net Asset | 80.81 B | ||||
Last Dividend Paid | 5.44 |
About Linde Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Linde plc Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Linde Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Linde plc Ordinary based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Linde Plc
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 Linde Plc 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 Linde Plc will appreciate offsetting losses from the drop in the long position's value.Moving together with Linde Stock
0.77 | DNMR | Danimer Scientific Upward Rally | PairCorr |
Moving against Linde Stock
0.75 | ECVT | Ecovyst | PairCorr |
0.68 | WDFC | WD 40 Company | PairCorr |
0.64 | WTTR | Select Energy Services | PairCorr |
0.6 | ESI | Element Solutions | PairCorr |
0.43 | ALB-PA | Albemarle Potential Growth | PairCorr |
The ability to find closely correlated positions to Linde Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linde Plc 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 Linde Plc - 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 Linde plc Ordinary to buy it.
The correlation of Linde Plc 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 Linde Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linde plc Ordinary 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 Linde Plc 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.Check out Linde Plc Piotroski F Score and Linde Plc Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Gases 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 Linde Plc. If investors know Linde 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 Linde Plc 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 0.009 | Dividend Share 5.44 | Earnings Share 13.17 | Revenue Per Share 68.67 | Quarterly Revenue Growth 0.025 |
The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc'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 Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc'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 Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc'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.