Intuitive Accounts Payable vs Total Assets Analysis

ISRG Stock  USD 542.00  3.45  0.64%   
Intuitive Surgical financial indicator trend analysis is infinitely more than just investigating Intuitive Surgical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuitive Surgical is a good investment. Please check the relationship between Intuitive Surgical Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuitive Surgical Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Intuitive Surgical's Accounts Payable and Total Assets is 0.25. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Intuitive Surgical, assuming nothing else is changed. The correlation between historical values of Intuitive Surgical's Accounts Payable 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 Accounts Payable of Intuitive Surgical 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 Accounts Payable i.e., Intuitive Surgical's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Intuitive Surgical obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Intuitive Surgical are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Intuitive Surgical 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 Intuitive Surgical 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 Intuitive Surgical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intuitive Surgical 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 Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.The Intuitive Surgical's current Selling General Administrative is estimated to increase to about 2.1 B. The Intuitive Surgical's current Tax Provision is estimated to increase to about 162.9 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization310.2M380.4M421.8M442.9M
Income Tax Expense162.2M262.4M141.6M137.0M

Intuitive Surgical fundamental ratios Correlations

0.671.0-0.010.960.430.790.990.980.940.960.950.25-0.050.910.710.970.90.950.690.94-0.070.910.070.90.92
0.670.67-0.360.580.930.580.70.660.590.670.540.130.330.540.580.680.580.560.440.680.050.49-0.20.450.52
1.00.67-0.010.960.430.770.980.980.940.950.940.24-0.050.910.710.970.90.940.690.94-0.080.910.060.90.92
-0.01-0.36-0.010.14-0.42-0.27-0.1-0.03-0.1-0.030.070.22-0.990.09-0.09-0.09-0.040.06-0.01-0.09-0.10.130.120.150.09
0.960.580.960.140.350.630.90.90.860.860.920.2-0.20.890.660.910.840.90.610.87-0.210.90.090.890.91
0.430.930.43-0.420.350.350.470.430.350.460.250.170.430.250.540.420.440.280.360.520.180.19-0.380.150.21
0.790.580.77-0.270.630.350.840.860.880.840.790.080.220.740.480.880.650.810.430.71-0.010.820.130.810.79
0.990.70.98-0.10.90.470.840.990.950.970.920.260.050.880.720.970.90.930.70.940.00.880.040.870.89
0.980.660.98-0.030.90.430.860.990.960.980.940.31-0.020.890.690.970.880.950.690.920.030.90.080.890.91
0.940.590.94-0.10.860.350.880.950.960.930.920.280.040.880.590.970.820.950.640.86-0.060.880.170.870.9
0.960.670.95-0.030.860.460.840.970.980.930.870.35-0.010.80.790.930.910.890.730.960.090.86-0.070.840.83
0.950.540.940.070.920.250.790.920.940.920.870.16-0.150.980.470.970.750.990.560.78-0.160.950.360.940.99
0.250.130.240.220.20.170.080.260.310.280.350.16-0.20.110.320.180.230.240.290.330.790.08-0.280.080.1
-0.050.33-0.05-0.99-0.20.430.220.05-0.020.04-0.01-0.15-0.2-0.180.140.020.02-0.140.00.070.13-0.19-0.21-0.21-0.17
0.910.540.910.090.890.250.740.880.890.880.80.980.11-0.180.370.940.680.970.50.7-0.230.920.430.910.98
0.710.580.71-0.090.660.540.480.720.690.590.790.470.320.140.370.590.850.480.680.890.130.52-0.560.50.43
0.970.680.97-0.090.910.420.880.970.970.970.930.970.180.020.940.590.80.970.570.86-0.10.940.180.930.96
0.90.580.9-0.040.840.440.650.90.880.820.910.750.230.020.680.850.80.760.890.95-0.040.71-0.130.690.69
0.950.560.940.060.90.280.810.930.950.950.890.990.24-0.140.970.480.970.760.610.79-0.10.920.350.920.97
0.690.440.69-0.010.610.360.430.70.690.640.730.560.290.00.50.680.570.890.610.750.050.410.00.40.47
0.940.680.94-0.090.870.520.710.940.920.860.960.780.330.070.70.890.860.950.790.750.070.78-0.250.760.75
-0.070.05-0.08-0.1-0.210.18-0.010.00.03-0.060.09-0.160.790.13-0.230.13-0.1-0.04-0.10.050.07-0.21-0.38-0.22-0.22
0.910.490.910.130.90.190.820.880.90.880.860.950.08-0.190.920.520.940.710.920.410.78-0.210.21.00.97
0.07-0.20.060.120.09-0.380.130.040.080.17-0.070.36-0.28-0.210.43-0.560.18-0.130.350.0-0.25-0.380.20.210.36
0.90.450.90.150.890.150.810.870.890.870.840.940.08-0.210.910.50.930.690.920.40.76-0.221.00.210.97
0.920.520.920.090.910.210.790.890.910.90.830.990.1-0.170.980.430.960.690.970.470.75-0.220.970.360.97
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Intuitive Surgical Account Relationship Matchups

Intuitive Surgical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B11.2B13.6B13.0B15.4B16.2B
Total Stockholder Equity8.3B9.8B12.0B11.1B13.3B14.0B
Net Debt(1.1B)(1.5B)(1.2B)(1.5B)(2.7B)(2.5B)
Retained Earnings2.5B3.3B4.8B3.5B4.7B5.0B
Common Stock Shares Outstanding358.5M360.9M365.8M362M357.4M333.9M
Liabilities And Stockholders Equity9.7B11.2B13.6B13.0B15.4B16.2B
Non Current Liabilities Total159.7M139M224.1M439.3M385.5M404.8M
Other Stockholder Equity5.8B6.4B7.2B7.7B8.6B9.0B
Total Liab1.4B1.4B1.6B1.9B2.0B2.1B
Other Current Liab568.9M486.1M576.9M781.7M912.5M958.1M
Total Current Liabilities1.4B1.4B1.6B1.9B1.7B1.7B
Property Plant And Equipment Net1.3B1.6B1.9B2.4B3.5B3.7B
Accounts Payable1.1B81.6M121.2M147M188.7M101.8M
Cash1.2B1.6B1.3B1.6B2.8B1.6B
Non Current Assets Total2.2B3.1B3.6B4.4B7.6B7.9B
Cash And Short Term Investments5.8B6.9B8.6B6.7B5.2B2.8B
Net Receivables645.2M645.5M893M1.1B1.3B1.3B
Short Term Investments2.1B3.5B2.9B2.5B2.5B2.6B
Inventory595.5M601.5M587.1M893.2M1.2B1.3B
Other Current Assets200.2M393.8M133.9M168.6M176.7M185.5M
Total Current Assets7.5B8.1B10.0B8.6B7.9B8.3B
Accumulated Other Comprehensive Income12.4M24.9M(24.2M)(162.5M)(12.2M)(12.8M)
Short Term Debt568.9M21.9M20.4M24.2M25.3M24.0M
Non Currrent Assets Other(2.4B)(986.6M)(3.5B)(1.6B)597.6M627.5M
Property Plant And Equipment Gross1.3B1.6B2.8B3.6B5.1B5.4B
Intangible Assets112.1M77.4M70.5M49.8M39.1M69.4M
Property Plant Equipment1.3B1.6B1.9B2.4B2.7B2.9B
Current Deferred Revenue365.2M382.4M414M438.3M446.1M468.4M
Other Liab349.6M386.6M414M369.7M425.2M446.4M
Other Assets680.5M2.1B13.6B1.2B1.4B1.1B
Good Will307.2M336.7M343.6M348.5M348.7M214.6M
Net Tangible Assets7.5B8.9B11.6B10.0B11.5B5.9B
Noncontrolling Interest In Consolidated Entity20.9M27.6M50.4M70.7M81.3M85.4M
Retained Earnings Total Equity2.5B3.3B4.8B3.5B4.0B4.2B
Capital Surpluse5.8B6.4B7.2B7.7B8.9B4.6B
Deferred Long Term Liab51.5M53.1M71.8M72.3M83.1M87.3M
Long Term Investments2.6B1.8B4.4B2.6B2.1B2.1B

Currently Active Assets on Macroaxis

When determining whether Intuitive Surgical is a strong investment it is important to analyze Intuitive Surgical'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 Intuitive Surgical's future performance. For an informed investment choice regarding Intuitive 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 Intuitive Surgical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Intuitive Surgical. If investors know Intuitive 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 Intuitive Surgical 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
0.345
Earnings Share
6.23
Revenue Per Share
22.22
Quarterly Revenue Growth
0.169
Return On Assets
0.0795
The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical'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 Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical'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 Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical'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.