Merck Cost Of Revenue vs Reconciled Depreciation Analysis

MRK Stock  USD 131.20  0.48  0.37%   
Merck financial indicator trend analysis is infinitely more than just investigating Merck Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merck Company is a good investment. Please check the relationship between Merck Cost Of Revenue and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merck Company Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Merck's Cost Of Revenue and Reconciled Depreciation is -0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Merck Company, assuming nothing else is changed. The correlation between historical values of Merck's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Merck Company are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Merck's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Merck Company income statement and represents the costs associated with goods and services Merck provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from Merck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merck Company 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Merck's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.18 this year, although the value of Tax Provision will most likely fall to about 2.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit35.1B41.9B43.9B46.1B
Total Revenue48.7B59.3B59.9B32.5B

Merck fundamental ratios Correlations

0.570.720.790.870.530.280.880.731.00.220.740.610.30.740.930.590.150.70.980.30.80.490.270.950.16
0.570.920.750.250.890.910.750.20.590.690.110.9-0.270.950.580.95-0.550.970.50.270.240.760.750.64-0.24
0.720.920.850.420.810.780.90.350.740.570.310.84-0.190.940.710.89-0.460.960.670.30.40.820.640.77-0.1
0.790.750.850.40.610.60.930.420.810.640.280.63-0.250.770.860.68-0.430.820.730.520.370.860.40.87-0.17
0.870.250.420.40.33-0.070.590.790.84-0.170.90.430.670.470.720.360.570.40.90.080.930.050.10.720.37
0.530.890.810.610.330.740.650.330.530.70.130.98-0.140.840.570.93-0.360.870.50.150.390.620.890.53-0.4
0.280.910.780.6-0.070.740.57-0.210.330.65-0.220.75-0.510.80.280.84-0.730.830.180.11-0.090.730.710.41-0.2
0.880.750.90.930.590.650.570.480.890.490.450.69-0.140.820.840.76-0.310.830.840.260.50.80.480.90.01
0.730.20.350.420.790.33-0.210.480.690.10.80.350.540.380.750.240.440.350.80.410.810.110.070.6-0.08
1.00.590.740.810.840.530.330.890.690.250.690.620.260.760.920.60.110.720.960.30.790.530.280.950.13
0.220.690.570.64-0.170.70.650.490.10.25-0.340.62-0.630.530.40.63-0.720.610.160.36-0.090.80.710.3-0.76
0.740.110.310.280.90.13-0.220.450.80.69-0.340.210.740.340.630.170.610.280.830.20.79-0.1-0.160.620.52
0.610.90.840.630.430.980.750.690.350.620.620.21-0.040.90.620.93-0.290.910.570.130.470.60.830.62-0.28
0.3-0.27-0.19-0.250.67-0.14-0.51-0.140.540.26-0.630.74-0.04-0.050.23-0.20.92-0.120.380.080.67-0.61-0.380.190.47
0.740.950.940.770.470.840.80.820.380.760.530.340.9-0.050.710.9-0.340.990.680.270.470.70.630.79-0.1
0.930.580.710.860.720.570.280.840.750.920.40.630.620.230.710.550.030.720.920.530.720.570.250.94-0.05
0.590.950.890.680.360.930.840.760.240.60.630.170.93-0.20.90.55-0.430.920.540.130.340.690.860.59-0.19
0.15-0.55-0.46-0.430.57-0.36-0.73-0.310.440.11-0.720.61-0.290.92-0.340.03-0.43-0.420.23-0.120.57-0.74-0.48-0.030.46
0.70.970.960.820.40.870.830.830.350.720.610.280.91-0.120.990.720.92-0.420.640.350.40.750.660.77-0.17
0.980.50.670.730.90.50.180.840.80.960.160.830.570.380.680.920.540.230.640.310.820.40.220.910.21
0.30.270.30.520.080.150.110.260.410.30.360.20.130.080.270.530.13-0.120.350.310.120.3-0.160.41-0.27
0.80.240.40.370.930.39-0.090.50.810.79-0.090.790.470.670.470.720.340.570.40.820.120.070.160.650.15
0.490.760.820.860.050.620.730.80.110.530.8-0.10.6-0.610.70.570.69-0.740.750.40.30.070.570.58-0.37
0.270.750.640.40.10.890.710.480.070.280.71-0.160.83-0.380.630.250.86-0.480.660.22-0.160.160.570.22-0.48
0.950.640.770.870.720.530.410.90.60.950.30.620.620.190.790.940.59-0.030.770.910.410.650.580.220.14
0.16-0.24-0.1-0.170.37-0.4-0.20.01-0.080.13-0.760.52-0.280.47-0.1-0.05-0.190.46-0.170.21-0.270.15-0.37-0.480.14
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Merck Account Relationship Matchups

Merck fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.4B91.6B105.7B109.2B106.7B60.3B
Short Long Term Debt Total26.3B31.8B33.1B30.7B36.3B38.1B
Other Current Liab14.9B16.3B16.9B18.0B15.5B16.3B
Total Current Liabilities22.2B27.3B23.9B24.2B25.7B13.3B
Total Stockholder Equity25.9B25.3B38.2B46.0B37.6B25.5B
Property Plant And Equipment Net15.1B18.0B19.3B21.4B24.5B25.7B
Net Debt16.7B23.7B25.0B18.0B29.4B30.8B
Retained Earnings46.6B47.4B53.7B61.1B53.9B32.6B
Cash9.7B8.1B8.1B12.7B6.9B5.6B
Non Current Assets Total56.9B63.8B75.4B73.4B74.5B41.1B
Non Currrent Assets Other5.3B9.2B8.1B7.7B9.2B6.1B
Cash And Short Term Investments10.5B8.1B8.1B13.2B7.2B7.3B
Net Receivables6.8B7.9B9.2B9.5B11.1B11.6B
Common Stock Shares Outstanding2.6B2.5B2.5B2.5B2.5B2.7B
Liabilities And Stockholders Equity84.4B91.6B105.7B109.2B106.7B60.3B
Non Current Liabilities Total36.2B38.9B43.6B38.9B43.3B45.5B
Inventory6.0B6.3B6.0B5.9B6.4B3.7B
Other Current Assets4.3B5.5B7.0B7.2B7.6B8.0B
Other Stockholder Equity(16.3B)(17.2B)(12.9B)(12.1B)(12.9B)(12.3B)
Total Liab58.4B66.2B67.4B63.1B69.0B72.5B
Total Current Assets27.5B27.8B30.3B35.7B32.2B19.2B
Short Term Debt3.6B6.4B2.4B1.9B1.7B2.3B
Intangible Assets14.2B14.6B22.9B20.3B18.0B14.3B
Accounts Payable3.7B4.6B4.6B4.3B3.9B2.8B
Property Plant And Equipment Gross15.1B18.0B37.5B39.4B41.3B43.4B
Accumulated Other Comprehensive Income(6.2B)(6.6B)(4.4B)(4.8B)(5.2B)(4.9B)
Short Term Investments774M1M0.0498M252M239.4M
Other Liab12.7B12.1B11.7B9.1B10.5B10.2B
Other Assets5.3B7.8B9.4B7.4B8.5B5.5B
Long Term Debt22.7B25.4B30.7B28.7B33.7B17.2B
Good Will19.4B20.2B21.3B21.2B21.2B12.3B
Treasury Stock(56.0B)(56.8B)(57.1B)(56.5B)(57.5B)(54.6B)
Property Plant Equipment15.1B18.0B19.3B21.4B24.6B16.2B
Net Tangible Assets(7.7B)(9.5B)3.5B4.5B4.1B4.5B
Noncontrolling Interest In Consolidated Entity94M87M73M67M54M51.3M

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When determining whether Merck Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Merck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Merck Company Stock. Highlighted below are key reports to facilitate an investment decision about Merck Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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When running Merck's price analysis, check to measure Merck's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merck is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
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Is Merck's industry 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 Merck. If investors know Merck 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 Merck 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
0.453
Dividend Share
2.92
Earnings Share
0.14
Revenue Per Share
23.695
Quarterly Revenue Growth
0.058
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck'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 Merck's market value can be influenced by many factors that don't directly affect Merck'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 Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck'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.