Qiagen Capital Stock vs Short Term Debt Analysis

QGEN Stock  USD 46.16  0.09  0.20%   
Qiagen NV financial indicator trend analysis is much more than just breaking down Qiagen NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qiagen NV is a good investment. Please check the relationship between Qiagen NV Capital Stock and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qiagen NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Qiagen Stock, please use our How to Invest in Qiagen NV guide.

Capital Stock vs Short Term Debt

Capital Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qiagen NV Capital Stock account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Qiagen NV's Capital Stock and Short Term Debt is -0.51. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Qiagen NV, assuming nothing else is changed. The correlation between historical values of Qiagen NV's Capital Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Qiagen NV are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Stock i.e., Qiagen NV's Capital Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Short Term Debt

Most indicators from Qiagen NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qiagen NV 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qiagen NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Qiagen Stock, please use our How to Invest in Qiagen NV guide.At this time, Qiagen NV's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Over EBITDA is likely to grow to 29.45, while Tax Provision is likely to drop about 46.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.4B1.2B664.0M
Total Revenue2.3B2.1B2.0B1.0B

Qiagen NV fundamental ratios Correlations

0.910.730.620.690.620.890.460.890.810.970.550.720.730.790.790.580.70.850.910.770.430.830.460.530.82
0.910.710.640.490.520.950.330.840.920.820.750.810.690.570.890.520.680.620.990.810.470.580.470.260.57
0.730.710.850.620.590.630.470.750.710.660.30.680.740.510.490.580.650.630.730.750.680.530.370.310.53
0.620.640.850.660.760.520.690.670.710.490.20.770.780.30.320.810.80.340.630.860.950.330.520.060.35
0.690.490.620.660.940.450.880.560.480.670.120.680.860.740.350.810.660.660.480.790.570.760.60.460.79
0.620.520.590.760.940.470.940.560.510.550.150.750.910.520.350.930.740.450.50.870.710.560.680.220.59
0.890.950.630.520.450.470.270.880.760.840.720.680.650.570.930.50.680.650.970.710.310.590.430.350.58
0.460.330.470.690.880.940.270.380.380.36-0.050.70.730.360.110.90.690.290.290.790.70.410.790.060.44
0.890.840.750.670.560.560.880.380.680.860.490.610.690.570.770.660.810.690.90.710.460.610.380.50.6
0.810.920.710.710.480.510.760.380.680.680.680.870.640.50.710.480.590.490.870.820.620.490.460.10.48
0.970.820.660.490.670.550.840.360.860.680.490.550.690.880.770.480.590.930.850.630.280.910.290.70.9
0.550.750.30.20.120.150.72-0.050.490.680.490.560.320.370.860.140.330.320.750.470.060.290.260.080.29
0.720.810.680.770.680.750.680.70.610.870.550.560.720.420.60.730.760.370.750.970.710.410.81-0.030.43
0.730.690.740.780.860.910.650.730.690.640.690.320.720.620.560.830.670.590.690.850.660.640.450.360.67
0.790.570.510.30.740.520.570.360.570.50.880.370.420.620.60.320.350.930.60.480.120.980.190.80.98
0.790.890.490.320.350.350.930.110.770.710.770.860.60.560.60.340.510.60.920.60.10.560.310.40.55
0.580.520.580.810.810.930.50.90.660.480.480.140.730.830.320.340.880.310.520.860.760.370.710.130.4
0.70.680.650.80.660.740.680.690.810.590.590.330.760.670.350.510.880.370.70.840.710.370.720.190.38
0.850.620.630.340.660.450.650.290.690.490.930.320.370.590.930.60.310.370.650.450.120.960.150.790.95
0.910.990.730.630.480.50.970.290.90.870.850.750.750.690.60.920.520.70.650.770.440.590.40.360.59
0.770.810.750.860.790.870.710.790.710.820.630.470.970.850.480.60.860.840.450.770.770.490.770.10.51
0.430.470.680.950.570.710.310.70.460.620.280.060.710.660.120.10.760.710.120.440.770.160.5-0.140.18
0.830.580.530.330.760.560.590.410.610.490.910.290.410.640.980.560.370.370.960.590.490.160.210.781.0
0.460.470.370.520.60.680.430.790.380.460.290.260.810.450.190.310.710.720.150.40.770.50.21-0.180.23
0.530.260.310.060.460.220.350.060.50.10.70.08-0.030.360.80.40.130.190.790.360.1-0.140.78-0.180.77
0.820.570.530.350.790.590.580.440.60.480.90.290.430.670.980.550.40.380.950.590.510.181.00.230.77
Click cells to compare fundamentals

Qiagen NV Account Relationship Matchups

Qiagen NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B6.0B6.1B6.3B6.1B3.2B
Short Long Term Debt Total1.7B2.0B1.9B1.9B1.6B903.4M
Other Current Liab532.8M273.3M455.5M381.0M306.0M321.3M
Total Current Liabilities951.3M613.8M1.5B974.5M1.1B1.1B
Total Stockholder Equity2.5B2.5B3.1B3.5B3.8B4.0B
Property Plant And Equipment Net455.2M528.6M638.2M662.2M870.3M913.8M
Net Debt1.1B1.4B1.1B1.1B943.0M494.1M
Retained Earnings868.8M758.5M1.5B2.2B2.5B2.6B
Accounts Payable84.8M118.2M101.2M98.7M84.2M48.7M
Cash623.6M597.0M880.5M730.7M668.1M409.2M
Non Current Assets Total3.7B4.3B4.0B3.9B4.0B2.2B
Non Currrent Assets Other188.4M423.8M157.6M254.4M65.3M109.0M
Cash And Short Term Investments753.2M714.3M1.1B1.4B1.1B1.1B
Net Receivables427.2M439.9M469.7M333.5M515.6M541.4M
Common Stock Shares Outstanding220.0M227.2M225.1M223.2M223.7M202.8M
Liabilities And Stockholders Equity5.2B6.0B6.1B6.3B6.1B3.2B
Non Current Liabilities Total1.7B2.9B1.5B1.8B1.2B1.0B
Inventory170.7M291.2M327.5M358.0M398.4M418.3M
Other Current Assets105.5M204.3M247.1M284.2M175.8M184.5M
Other Stockholder Equity2.0B1.7B1.6B1.7B1.8B1.1B
Total Liab2.7B3.5B3.1B2.8B2.3B1.4B
Total Current Assets1.6B1.6B2.1B2.4B2.1B2.3B
Accumulated Other Comprehensive Income(309.6M)(239.6M)(326.7M)(404.1M)(433.8M)(412.1M)
Short Term Debt285.2M66.0M869.7M411.8M610.2M640.7M
Short Term Investments129.6M117.2M184.8M687.6M389.7M409.2M
Intangible Assets632.4M883.6M627.4M544.8M526.8M465.5M
Other Liab280.9M516.4M438.8M411.9M473.7M497.4M
Current Deferred Revenue48.5M57.1M63.4M69M66.4M63.1M
Other Assets294.9M468.6M421.0M269.6M1.00.95
Long Term Debt1.4B1.9B1.1B1.5B921.8M936.7M
Property Plant Equipment512.5M661.9M638.2M586.6M674.5M406.3M
Good Will2.1B2.4B2.4B2.4B2.5B2.3B
Long Term Investments75.5M87.1M15.4M23.5M21.2M39.6M
Short Long Term Debt285.2M42.5M847.6M389.6M588.0M418.6M
Net Tangible Assets(236.3M)(292.4M)118.4M293.6M337.6M354.5M

Pair Trading with Qiagen NV

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 Qiagen NV 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 Qiagen NV will appreciate offsetting losses from the drop in the long position's value.

Moving together with Qiagen Stock

  0.66A Agilent TechnologiesPairCorr
  0.62ME 23Andme HoldingPairCorr

Moving against Qiagen Stock

  0.52BMY Bristol Myers SquibbPairCorr
  0.48IKT Inhibikase TherapeuticsPairCorr
  0.37FLGC Flora Growth CorpPairCorr
  0.33HCM HUTCHMED DRCPairCorr
The ability to find closely correlated positions to Qiagen NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qiagen NV 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 Qiagen NV - 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 Qiagen NV to buy it.
The correlation of Qiagen NV 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 Qiagen NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qiagen NV 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 Qiagen NV 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.
Pair CorrelationCorrelation Matching
When determining whether Qiagen NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qiagen NV'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 Qiagen Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qiagen Nv Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qiagen NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Qiagen Stock, please use our How to Invest in Qiagen NV guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Life Sciences Tools & 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 Qiagen NV. If investors know Qiagen 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 Qiagen NV 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
0.255
Earnings Share
0.45
Revenue Per Share
8.841
Quarterly Revenue Growth
0.055
Return On Assets
0.0484
The market value of Qiagen NV is measured differently than its book value, which is the value of Qiagen that is recorded on the company's balance sheet. Investors also form their own opinion of Qiagen NV's value that differs from its market value or its book value, called intrinsic value, which is Qiagen NV'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 Qiagen NV's market value can be influenced by many factors that don't directly affect Qiagen NV'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 Qiagen NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qiagen NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qiagen NV'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.