Alphabet Other Current Assets vs Non Current Liabilities Total Analysis

GOOGL Stock  USD 168.95  0.28  0.17%   
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class A is a good investment. Please check the relationship between Alphabet Other Current Assets and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class A Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alphabet's Other Current Assets and Non Current Liabilities Total is 0.82. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Alphabet Inc Class A, assuming nothing else is changed. The correlation between historical values of Alphabet's Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Alphabet Inc Class A are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Alphabet's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class A 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 Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Alphabet's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.09 this year, although the value of Tax Provision will most likely fall to about 9.5 B.
 2021 2022 2023 2024 (projected)
Total Operating Expenses68.0B81.8B89.8B94.3B
Cost Of Revenue110.9B126.2B133.3B140.0B

Alphabet fundamental ratios Correlations

0.430.480.2-0.020.340.30.280.320.460.290.32-0.220.460.390.660.320.280.290.620.350.490.580.360.320.23
0.431.00.76-0.260.990.920.950.980.850.980.970.681.00.970.670.980.870.80.760.990.990.740.970.920.93
0.481.00.75-0.270.970.90.940.970.870.970.960.641.00.960.680.970.870.780.780.980.990.760.950.910.92
0.20.760.75-0.340.760.730.760.810.470.820.830.590.740.730.40.830.90.460.270.80.80.240.630.860.88
-0.02-0.26-0.27-0.34-0.25-0.17-0.35-0.31-0.18-0.31-0.26-0.09-0.25-0.390.02-0.31-0.470.040.08-0.32-0.310.08-0.13-0.49-0.5
0.340.990.970.76-0.250.940.970.990.810.990.980.760.970.970.650.990.880.840.720.990.970.690.980.910.93
0.30.920.90.73-0.170.940.850.920.760.920.930.80.890.870.560.920.830.830.660.930.90.640.940.830.86
0.280.950.940.76-0.350.970.850.980.710.980.960.730.930.950.630.970.890.780.620.970.940.580.920.930.95
0.320.980.970.81-0.310.990.920.980.771.00.990.750.960.970.631.00.920.80.650.990.970.620.950.940.97
0.460.850.870.47-0.180.810.760.710.770.780.750.440.870.840.530.770.590.660.870.80.830.890.860.650.69
0.290.980.970.82-0.310.990.920.981.00.780.980.770.970.960.591.00.910.780.650.990.970.630.940.940.97
0.320.970.960.83-0.260.980.930.960.990.750.980.770.950.940.60.990.920.80.620.990.970.60.930.950.95
-0.220.680.640.59-0.090.760.80.730.750.440.770.770.640.630.180.750.650.710.310.740.640.320.740.680.73
0.461.01.00.74-0.250.970.890.930.960.870.970.950.640.960.670.970.860.780.780.980.990.770.950.910.91
0.390.970.960.73-0.390.970.870.950.970.840.960.940.630.960.650.960.860.720.710.970.960.690.930.90.93
0.660.670.680.40.020.650.560.630.630.530.590.60.180.670.650.610.510.730.780.620.670.70.670.530.49
0.320.980.970.83-0.310.990.920.971.00.771.00.990.750.970.960.610.930.770.641.00.980.620.930.960.97
0.280.870.870.9-0.470.880.830.890.920.590.910.920.650.860.860.510.930.620.410.920.90.370.770.970.96
0.290.80.780.460.040.840.830.780.80.660.780.80.710.780.720.730.770.620.770.780.760.740.890.670.66
0.620.760.780.270.080.720.660.620.650.870.650.620.310.780.710.780.640.410.770.680.730.990.810.490.49
0.350.990.980.8-0.320.990.930.970.990.80.990.990.740.980.970.621.00.920.780.680.990.650.950.950.96
0.490.990.990.8-0.310.970.90.940.970.830.970.970.640.990.960.670.980.90.760.730.990.70.930.940.94
0.580.740.760.240.080.690.640.580.620.890.630.60.320.770.690.70.620.370.740.990.650.70.790.460.47
0.360.970.950.63-0.130.980.940.920.950.860.940.930.740.950.930.670.930.770.890.810.950.930.790.820.85
0.320.920.910.86-0.490.910.830.930.940.650.940.950.680.910.90.530.960.970.670.490.950.940.460.820.98
0.230.930.920.88-0.50.930.860.950.970.690.970.950.730.910.930.490.970.960.660.490.960.940.470.850.98
Click cells to compare fundamentals

Alphabet Account Relationship Matchups

Alphabet fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding14.0B13.7B13.6B13.2B12.7B13.5B
Total Assets275.9B319.6B359.3B365.3B402.4B422.5B
Total Stockholder Equity201.4B222.5B251.6B256.1B283.4B297.5B
Other Assets3.1B5.0B1M11.9B13.7B14.3B
Liabilities And Stockholders Equity275.9B319.6B359.3B365.3B402.4B422.5B
Other Stockholder Equity(1.2B)633M(1.6B)68.2B(63.7B)(60.5B)
Total Liab74.5B97.1B107.6B109.1B119.0B125.0B
Short Long Term Debt Total14.8B25.1B26.2B29.7B28.5B29.9B
Other Current Liab36.6B45.5B51.9B48.5B64.6B67.9B
Total Current Liabilities45.2B56.8B64.3B69.3B81.8B85.9B
Other Liab14.5B15.2B17.2B12.6B14.5B15.2B
Property Plant And Equipment Net84.6B97.0B110.6B127.0B148.4B155.9B
Current Deferred Revenue1.9B2.5B3.3B3.9B4.1B4.3B
Net Debt(3.7B)(1.4B)5.3B7.8B4.5B4.7B
Retained Earnings152.1B163.4B191.5B195.6B211.2B221.8B
Accounts Payable5.6B5.6B6.0B5.1B7.5B7.9B
Cash18.5B26.5B20.9B21.9B24.0B13.9B
Non Current Assets Total123.3B145.3B171.1B200.5B230.9B242.4B
Non Currrent Assets Other2.3B4.0B5.4B6.6B10.1B10.6B
Long Term Debt4.0B13.9B14.8B12.9B11.9B6.1B
Cash And Short Term Investments119.7B136.7B139.6B113.8B110.9B65.9B
Net Receivables27.5B31.4B39.3B40.3B48.0B50.4B
Common Stock Total Equity50.6B58.5B61.8B68.2B78.4B82.3B
Short Term Investments101.2B110.2B118.7B91.9B86.9B52.1B
Non Current Liabilities Total29.2B40.2B43.4B39.8B37.2B39.1B
Other Current Assets4.4B5.5B8.0B8.1B12.7B13.3B
Property Plant And Equipment Gross84.6B97.0B110.6B127.0B215.9B226.7B
Total Current Assets152.6B174.3B188.1B164.8B171.5B180.1B
Accumulated Other Comprehensive Income(1.2B)633M(1.6B)(7.6B)(4.4B)(4.2B)
Short Term Debt1.2B1.7B2.2B2.5B2.8B2.6B
Intangible Assets2.0B1.4B1.4B2.1B2.4B2.2B
Common Stock50.6B58.5B61.8B68.2B76.5B80.4B
Property Plant Equipment84.6B84.7B97.6B112.7B129.6B136.0B
Good Will20.6B21.2B23.0B29.0B29.2B30.7B
Inventory999M728M1.2B2.7B3.1B3.2B
Net Tangible Assets178.8B199.9B227.3B225.1B258.9B174.2B
Deferred Long Term Liab1.7B3.6B5.3B514M591.1M561.5M
Long Term Investments13.1B20.7B29.5B30.5B31.0B17.7B
Retained Earnings Total Equity152.1B163.4B191.5B195.6B224.9B157.4B

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When determining whether Alphabet Class A is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Interactive Media & Services 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 Alphabet. If investors know Alphabet 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 Alphabet 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
0.366
Dividend Share
0.4
Earnings Share
7.54
Revenue Per Share
27.443
Quarterly Revenue Growth
0.151
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.