General Net Tangible Assets vs Total Assets Analysis

GD Stock  USD 284.01  1.70  0.60%   
General Dynamics financial indicator trend analysis is much more than just examining General Dynamics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Dynamics is a good investment. Please check the relationship between General Dynamics Net Tangible Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade General Stock refer to our How to Trade General Stock guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Dynamics Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between General Dynamics' Net Tangible Assets and Total Assets is -0.47. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of General Dynamics, assuming nothing else is changed. The correlation between historical values of General Dynamics' Net Tangible Assets 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 Tangible Assets of General Dynamics 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 Tangible Assets i.e., General Dynamics' Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of General Dynamics 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 General Dynamics 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 General Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Dynamics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade General Stock refer to our How to Trade General Stock guide.At present, General Dynamics' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 16.03, whereas Discontinued Operations is forecasted to decline to (12.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit6.4B6.6B4.2B3.3B
Total Revenue38.5B39.4B42.3B22.3B

General Dynamics fundamental ratios Correlations

0.880.260.950.930.960.770.96-0.040.990.69-0.040.87-0.420.940.550.23-0.850.980.970.50.740.70.790.86-0.51
0.880.040.770.720.860.970.86-0.370.930.67-0.370.94-0.580.970.270.11-0.850.920.760.720.850.630.690.85-0.38
0.260.040.480.150.1-0.090.240.460.21-0.020.46-0.09-0.10.160.60.02-0.180.30.320.160.10.25-0.110.310.14
0.950.770.480.840.850.630.910.120.910.590.120.76-0.380.860.690.15-0.810.950.960.470.640.680.620.81-0.43
0.930.720.150.840.950.590.90.070.890.70.070.74-0.240.770.570.29-0.730.830.930.260.540.540.890.7-0.65
0.960.860.10.850.950.780.97-0.170.960.75-0.170.87-0.440.880.520.17-0.880.90.910.440.620.590.920.77-0.62
0.770.97-0.090.630.590.780.78-0.60.850.62-0.60.91-0.620.910.110.09-0.830.820.610.720.810.580.660.78-0.35
0.960.860.240.910.90.970.78-0.160.950.67-0.160.89-0.520.890.550.14-0.950.930.930.490.610.670.850.81-0.55
-0.04-0.370.460.120.07-0.17-0.6-0.16-0.16-0.181.0-0.370.38-0.240.40.020.35-0.10.16-0.35-0.24-0.06-0.26-0.10.11
0.990.930.210.910.890.960.850.95-0.160.72-0.160.9-0.470.970.470.24-0.860.980.920.560.80.70.80.88-0.48
0.690.67-0.020.590.70.750.620.67-0.180.72-0.180.64-0.310.650.350.02-0.590.650.620.550.430.210.730.53-0.49
-0.04-0.370.460.120.07-0.17-0.6-0.161.0-0.16-0.18-0.370.38-0.240.40.020.35-0.10.16-0.35-0.24-0.06-0.26-0.10.11
0.870.94-0.090.760.740.870.910.89-0.370.90.64-0.37-0.620.930.210.12-0.90.890.790.610.740.720.750.82-0.39
-0.42-0.58-0.1-0.38-0.24-0.44-0.62-0.520.38-0.47-0.310.38-0.62-0.54-0.060.120.71-0.5-0.32-0.62-0.39-0.65-0.35-0.690.14
0.940.970.160.860.770.880.910.89-0.240.970.65-0.240.93-0.540.350.19-0.850.980.850.650.880.740.690.91-0.35
0.550.270.60.690.570.520.110.550.40.470.350.40.21-0.060.35-0.33-0.430.50.650.030.070.160.40.31-0.44
0.230.110.020.150.290.170.090.140.020.240.020.020.120.120.19-0.330.00.180.2-0.020.360.390.140.29-0.14
-0.85-0.85-0.18-0.81-0.73-0.88-0.83-0.950.35-0.86-0.590.35-0.90.71-0.85-0.430.0-0.86-0.79-0.57-0.55-0.67-0.77-0.780.46
0.980.920.30.950.830.90.820.93-0.10.980.65-0.10.89-0.50.980.50.18-0.860.920.60.810.740.680.9-0.39
0.970.760.320.960.930.910.610.930.160.920.620.160.79-0.320.850.650.2-0.790.920.370.610.660.740.78-0.53
0.50.720.160.470.260.440.720.49-0.350.560.55-0.350.61-0.620.650.03-0.02-0.570.60.370.580.40.220.610.04
0.740.850.10.640.540.620.810.61-0.240.80.43-0.240.74-0.390.880.070.36-0.550.810.610.580.710.410.86-0.14
0.70.630.250.680.540.590.580.67-0.060.70.21-0.060.72-0.650.740.160.39-0.670.740.660.40.710.410.88-0.12
0.790.69-0.110.620.890.920.660.85-0.260.80.73-0.260.75-0.350.690.40.14-0.770.680.740.220.410.410.57-0.67
0.860.850.310.810.70.770.780.81-0.10.880.53-0.10.82-0.690.910.310.29-0.780.90.780.610.860.880.57-0.28
-0.51-0.380.14-0.43-0.65-0.62-0.35-0.550.11-0.48-0.490.11-0.390.14-0.35-0.44-0.140.46-0.39-0.530.04-0.14-0.12-0.67-0.28
Click cells to compare fundamentals

General Dynamics Account Relationship Matchups

General Dynamics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.8B51.3B50.1B51.6B54.8B57.6B
Short Long Term Debt Total11.9B13.0B11.5B10.5B11.1B11.6B
Other Current Liab3.6B3.4B3.2B3.0B2.9B2.7B
Total Current Liabilities16.8B16.0B14.0B15.3B16.4B17.3B
Total Stockholder Equity13.6B15.7B17.6B18.6B21.3B22.4B
Property Plant And Equipment Net4.5B5.1B5.4B5.9B6.2B6.5B
Net Debt11.0B10.2B9.9B9.3B9.2B9.6B
Retained Earnings31.6B33.5B35.4B37.4B39.3B41.2B
Cash902M2.8B1.6B1.2B1.9B1.5B
Non Current Assets Total29.1B29.8B30.1B30.5B31.2B32.8B
Non Currrent Assets Other2.6B2.5B2.6B2.5B2.8B2.9B
Cash And Short Term Investments902M2.8B1.6B1.2B1.9B1.5B
Net Receivables11.4B11.2B11.5B11.8B11.0B11.6B
Common Stock Shares Outstanding290.8M287.9M282.0M278.2M275.7M369.0M
Liabilities And Stockholders Equity48.8B51.3B50.1B51.6B54.8B57.6B
Non Current Liabilities Total18.5B19.7B18.5B17.7B17.1B17.9B
Inventory6.3B5.7B5.3B6.3B8.6B9.0B
Other Current Assets1.2B1.8B1.5B1.7B2.1B1.2B
Other Stockholder Equity(14.3B)(14.8B)(16.3B)(17.2B)(17.3B)(16.4B)
Total Liab35.3B35.6B32.4B33.0B33.5B35.2B
Total Current Assets19.8B21.5B20.0B21.1B23.6B24.8B
Short Term Debt2.9B3.3B1.3B1.5B832M747.4M
Intangible Assets2.3B2.1B2.0B1.8B1.7B1.5B
Accounts Payable3.2B3.0B3.2B3.4B3.1B2.0B
Property Plant And Equipment Gross4.5B5.1B11.5B12.3B13B13.7B
Accumulated Other Comprehensive Income(4.2B)(3.6B)(1.9B)(2.2B)(1.2B)(1.2B)
Good Will19.7B20.1B20.1B20.3B20.6B11.9B
Other Liab7.9B9.7B8.0B7.1B8.2B5.1B
Other Assets771M22.5M11.6M2.5B2.8B3.0B
Long Term Debt9.0B10.0B10.5B9.2B8.8B5.0B
Treasury Stock(17.4B)(17.9B)(19.6B)(20.7B)(18.6B)(17.7B)
Property Plant Equipment4.5B5.1B5.4B5.9B6.8B3.5B
Current Deferred Revenue7.1B6.3B6.3B7.4B9.6B6.2B
Net Tangible Assets(8.4B)(6.5B)(4.4B)(3.6B)(3.2B)(3.4B)
Retained Earnings Total Equity31.6B33.5B35.4B37.4B43.0B27.6B
Long Term Debt Total9.0B10.0B10.5B9.2B10.6B6.3B
Capital Surpluse3.0B3.1B3.3B3.6B4.1B2.8B
Non Current Liabilities Other9.5B9.7B8.0B8.4B2.0B1.9B

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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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade General Stock refer to our How to Trade General Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Aerospace & Defense 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 General Dynamics. If investors know General 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 General Dynamics 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
0.102
Dividend Share
5.58
Earnings Share
13.13
Revenue Per Share
168.226
Quarterly Revenue Growth
0.104
The market value of General Dynamics is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Dynamics' value that differs from its market value or its book value, called intrinsic value, which is General Dynamics' 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 General Dynamics' market value can be influenced by many factors that don't directly affect General Dynamics' 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 General Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Dynamics' 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.