Alcon Total Current Liabilities vs Intangible Assets Analysis

ALC Stock  USD 88.23  0.99  1.13%   
Alcon AG financial indicator trend analysis is way more than just evaluating Alcon AG prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcon AG is a good investment. Please check the relationship between Alcon AG Total Current Liabilities and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alcon AG Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Alcon AG's Total Current Liabilities and Intangible Assets is -0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Alcon AG, assuming nothing else is changed. The correlation between historical values of Alcon AG's Total Current Liabilities and Intangible 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 Total Current Liabilities of Alcon AG are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Alcon AG's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Alcon AG balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Alcon AG are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Alcon AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alcon AG 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.The current year's Tax Provision is expected to grow to about (134.9 M). In addition to that, Selling General Administrative is expected to decline to about 3.1 B
 2021 2022 2023 2024 (projected)
Total Revenue8.3B8.7B9.5B7.7B
Interest Expense120M134M189M198.5M

Alcon AG fundamental ratios Correlations

0.030.34-0.330.940.580.00.080.660.81-0.170.990.3-0.160.841.00.990.540.63-0.30.110.410.41-0.980.86-0.88
0.030.690.88-0.310.75-0.810.99-0.380.530.88-0.130.580.890.4-0.010.080.80.690.520.840.870.870.05-0.45-0.29
0.340.690.660.080.86-0.760.74-0.050.640.440.210.620.450.770.320.370.720.870.080.450.760.82-0.34-0.11-0.58
-0.330.880.66-0.630.54-0.720.86-0.570.220.83-0.480.340.840.14-0.37-0.30.560.480.610.640.680.680.38-0.74-0.01
0.94-0.310.08-0.630.280.23-0.250.770.57-0.480.980.16-0.470.650.940.920.20.35-0.49-0.160.060.08-0.950.97-0.74
0.580.750.860.540.28-0.640.770.120.90.590.440.570.590.850.560.590.940.990.210.610.940.97-0.530.09-0.72
0.0-0.81-0.76-0.720.23-0.64-0.830.26-0.34-0.580.13-0.86-0.6-0.430.04-0.09-0.53-0.62-0.05-0.58-0.6-0.71-0.010.410.18
0.080.990.740.86-0.250.77-0.83-0.350.550.82-0.070.630.830.470.040.140.810.720.450.830.880.870.0-0.39-0.35
0.66-0.38-0.05-0.570.770.120.26-0.350.27-0.40.70.09-0.410.340.650.63-0.020.24-0.21-0.06-0.13-0.01-0.70.72-0.53
0.810.530.640.220.570.9-0.340.550.270.40.710.40.40.90.810.820.90.870.10.450.830.82-0.770.42-0.84
-0.170.880.440.83-0.480.59-0.580.82-0.40.4-0.320.281.00.14-0.19-0.130.680.50.720.760.760.760.24-0.59-0.03
0.99-0.130.21-0.480.980.440.13-0.070.70.71-0.320.21-0.320.750.990.970.390.5-0.39-0.020.260.26-0.970.93-0.83
0.30.580.620.340.160.57-0.860.630.090.40.280.210.30.560.260.390.430.6-0.260.540.440.58-0.30.0-0.36
-0.160.890.450.84-0.470.59-0.60.83-0.410.41.0-0.320.30.15-0.19-0.130.680.50.710.760.760.770.23-0.59-0.03
0.840.40.770.140.650.85-0.430.470.340.90.140.750.560.150.830.850.750.87-0.210.320.690.72-0.830.49-0.87
1.0-0.010.32-0.370.940.560.040.040.650.81-0.190.990.26-0.190.830.980.510.59-0.320.050.380.38-0.990.86-0.86
0.990.080.37-0.30.920.59-0.090.140.630.82-0.130.970.39-0.130.850.980.530.63-0.310.150.410.44-0.980.83-0.89
0.540.80.720.560.20.94-0.530.81-0.020.90.680.390.430.680.750.510.530.90.360.690.990.94-0.440.06-0.67
0.630.690.870.480.350.99-0.620.720.240.870.50.50.60.50.870.590.630.90.150.590.880.94-0.570.15-0.75
-0.30.520.080.61-0.490.21-0.050.45-0.210.10.72-0.39-0.260.71-0.21-0.32-0.310.360.150.580.430.370.37-0.50.0
0.110.840.450.64-0.160.61-0.580.83-0.060.450.76-0.020.540.760.320.050.150.690.590.580.730.75-0.01-0.26-0.32
0.410.870.760.680.060.94-0.60.88-0.130.830.760.260.440.760.690.380.410.990.880.430.730.96-0.31-0.09-0.59
0.410.870.820.680.080.97-0.710.87-0.010.820.760.260.580.770.720.380.440.940.940.370.750.96-0.35-0.11-0.58
-0.980.05-0.340.38-0.95-0.53-0.010.0-0.7-0.770.24-0.97-0.30.23-0.83-0.99-0.98-0.44-0.570.37-0.01-0.31-0.35-0.860.86
0.86-0.45-0.11-0.740.970.090.41-0.390.720.42-0.590.930.0-0.590.490.860.830.060.15-0.5-0.26-0.09-0.11-0.86-0.64
-0.88-0.29-0.58-0.01-0.74-0.720.18-0.35-0.53-0.84-0.03-0.83-0.36-0.03-0.87-0.86-0.89-0.67-0.750.0-0.32-0.59-0.580.86-0.64
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Alcon AG Account Relationship Matchups

Alcon AG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.7B27.6B28.0B29.2B29.6B24.5B
Short Long Term Debt Total3.8B4.5B4.5B5.1B5.1B5.4B
Other Current Liab1.1B774M1.1B1.4B1.3B1.0B
Total Current Liabilities2.3B2.3B2.5B2.8B2.5B2.4B
Total Stockholder Equity19.3B18.8B19.3B19.7B20.6B18.0B
Property Plant And Equipment Net3.4B3.8B4.1B4.4B4.7B3.0B
Current Deferred Revenue97M110M108M89M(839.8K)(797.8K)
Net Debt3.0B2.9B2.9B4.1B4.0B4.2B
Retained Earnings22.7B(547M)18.9B19.4B22.3B15.0B
Accounts Payable833M876M903M861M811M662.5M
Cash822M1.6B1.6B980M1.1B988.9M
Non Current Assets Total23.7B23.4B22.6B24.0B24.0B20.2B
Non Currrent Assets Other433M389M399M422M940.6M987.6M
Cash And Short Term Investments855M1.6B1.6B980M1.1B1.1B
Net Receivables1.8B1.6B1.7B1.9B1.9B1.6B
Good Will8.9B8.9B8.9B9.0B8.9B7.5B
Common Stock Shares Outstanding488.2M489M493.4M494.4M496.5M490.3M
Liabilities And Stockholders Equity27.7B27.6B28.0B29.2B29.6B24.5B
Non Current Liabilities Total6.1B6.5B6.3B6.8B6.5B4.1B
Inventory1.5B1.6B1.9B2.1B2.3B1.5B
Other Current Assets90M306M316M329M114M158.7M
Other Stockholder Equity20M18.8B19.2B19.7B22.6B23.7B
Total Liab8.4B8.8B8.7B9.5B9.0B6.5B
Total Current Assets4.2B5.0B5.4B5.2B5.6B4.3B
Short Term Debt306M239M181M178M216M355.7M
Intangible Assets10.2B9.1B8.8B9.7B9.1B8.7B
Short Term Investments33M12M3M(179M)7M6.7M
Other Assets1.5B1.5B1.4B833M(10.0M)(9.5M)
Accumulated Other Comprehensive Income19.3B18.8B19.2B19.7B20.6B11.9B
Other Liab2.6B2.3B2.0B1.9B1.7B1.9B
Net Tangible Assets892M1.5B2.1B1.0B916.2M1.5B
Property Plant Equipment3.4B3.8B4.1B4.4B5.1B3.7B
Long Term Debt Total89M3.5B4.3B4.3B5.0B2.7B
Deferred Long Term Liab246M725M727M557M640.6M536.6M
Net Invested Capital22.8B22.9B23.3B24.3B25.4B25.9B
Long Term Investments59M40M52M108M319M335.0M
Property Plant And Equipment Gross3.4B3.8B6.7B4.4B7.7B5.0B
Short Long Term Debt245M162M107M97M135M128.3M
Non Current Liabilities Other314M237M168M230M166M323.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Alcon AG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcon AG's 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 Alcon Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcon Ag Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Equipment & Supplies 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 Alcon AG. If investors know Alcon 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 Alcon AG 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
0.293
Earnings Share
2.34
Revenue Per Share
19.757
Quarterly Revenue Growth
0.054
Return On Assets
0.0255
The market value of Alcon AG is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon AG's value that differs from its market value or its book value, called intrinsic value, which is Alcon AG'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 Alcon AG's market value can be influenced by many factors that don't directly affect Alcon AG'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 Alcon AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcon AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon AG'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.