Novartis Net Income vs Ebitda Analysis
NVS Stock | USD 97.44 1.62 1.64% |
Novartis financial indicator trend analysis is infinitely more than just investigating Novartis AG ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novartis AG ADR is a good investment. Please check the relationship between Novartis Net Income and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novartis AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Net Income vs Ebitda
Net Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novartis AG ADR Net Income account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Novartis' Net Income and Ebitda is 0.78. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Novartis AG ADR, assuming nothing else is changed. The correlation between historical values of Novartis' Net Income and Ebitda 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 Income of Novartis AG ADR are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income i.e., Novartis' Net Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Novartis AG ADR financial statement analysis. It represents the amount of money remaining after all of Novartis AG ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ebitda
Most indicators from Novartis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novartis AG ADR 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 Novartis AG ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Novartis' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 5.5 B in 2024, whereas Enterprise Value is likely to drop slightly above 107.4 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 37.0B | 36.3B | 34.2B | 32.3B | Total Revenue | 52.9B | 51.8B | 46.7B | 46.2B |
Novartis fundamental ratios Correlations
Click cells to compare fundamentals
Novartis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Novartis fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 118.4B | 132.1B | 131.8B | 117.5B | 99.9B | 103.1B | |
Short Long Term Debt Total | 29.3B | 38.0B | 31.1B | 28.0B | 26.3B | 18.6B | |
Other Current Liab | 15.4B | 17.5B | 18.0B | 17.2B | 15.1B | 11.4B | |
Total Current Liabilities | 28.3B | 33.1B | 30.2B | 28.7B | 26.4B | 22.0B | |
Total Stockholder Equity | 55.5B | 56.6B | 67.7B | 59.3B | 46.7B | 57.2B | |
Property Plant And Equipment Net | 13.7B | 13.9B | 13.1B | 12.2B | 10.9B | 13.5B | |
Current Deferred Revenue | 236M | 114M | 56M | 123M | 98M | 135.9M | |
Net Debt | 18.2B | 28.4B | 18.7B | 20.4B | 13.0B | 11.0B | |
Retained Earnings | 59.3B | 57.2B | 71.0B | 63.5B | 49.6B | 57.8B | |
Accounts Payable | 5.4B | 5.4B | 5.6B | 5.1B | 4.9B | 4.2B | |
Cash | 11.1B | 9.7B | 12.4B | 7.5B | 13.4B | 7.7B | |
Non Current Assets Total | 88.9B | 102.4B | 86.1B | 80.5B | 69.5B | 73.2B | |
Non Currrent Assets Other | 738M | 892M | 2.2B | 1.1B | 2.2B | 2.1B | |
Cash And Short Term Investments | 11.4B | 11.6B | 28.3B | 18.9B | 14.0B | 13.1B | |
Net Receivables | 8.6B | 8.5B | 8.3B | 8.3B | 9.4B | 8.8B | |
Common Stock Total Equity | 969M | 944M | 936M | 913M | 821.7M | 776.8M | |
Common Stock Shares Outstanding | 2.3B | 2.3B | 2.3B | 2.2B | 2.1B | 1.9B | |
Short Term Investments | 334M | 1.9B | 15.9B | 11.4B | 569M | 540.6M | |
Liabilities And Stockholders Equity | 118.4B | 132.1B | 131.8B | 117.5B | 99.9B | 103.1B | |
Non Current Liabilities Total | 34.6B | 42.3B | 33.8B | 29.4B | 26.8B | 23.6B | |
Inventory | 6.0B | 7.1B | 6.7B | 7.2B | 5.9B | 6.0B | |
Other Current Assets | 2.7B | 2.5B | 2.4B | 2.5B | 1.2B | 2.2B | |
Other Stockholder Equity | (59.4B) | (57.2B) | (71.0B) | (63.6B) | (49.7B) | (47.2B) | |
Total Liab | 62.8B | 75.4B | 64.0B | 58.0B | 53.2B | 45.6B | |
Property Plant And Equipment Gross | 13.7B | 13.9B | 13.1B | 12.2B | 22.8B | 14.0B | |
Total Current Assets | 29.5B | 29.7B | 45.7B | 36.9B | 30.5B | 29.9B | |
Capital Stock | 936M | 913M | 901M | 890M | 825M | 767.6M | |
Short Term Debt | 7.3B | 10.1B | 6.6B | 6.2B | 6.3B | 6.3B | |
Common Stock | 936M | 913M | 901M | 890M | 825M | 767.6M | |
Accumulated Other Comprehensive Income | 54.6B | 55.7B | 66.8B | 58.5B | 45.9B | 52.6B | |
Intangible Assets | 28.8B | 36.8B | 34.2B | 31.6B | 26.9B | 22.4B | |
Other Liab | 12.5B | 14.4B | 9.2B | 7.6B | 8.7B | 8.5B | |
Other Assets | 14.8B | 14.7B | 12.4B | 4.8B | 5.6B | 10.1B | |
Long Term Debt | 20.4B | 26.3B | 22.9B | 20.2B | 18.4B | 12.8B | |
Good Will | 26.5B | 30.0B | 29.6B | 29.3B | 23.3B | 22.0B | |
Treasury Stock | (69M) | (80M) | (53M) | (48M) | (41M) | (43.1M) | |
Property Plant Equipment | 13.7B | 13.9B | 13.1B | 12.2B | 14.0B | 14.0B | |
Net Tangible Assets | 5.6B | (5.5B) | 9.4B | 2.8B | 2.5B | 2.4B | |
Noncontrolling Interest In Consolidated Entity | 77M | 68M | 167M | 81M | 83M | 93.5M | |
Deferred Long Term Liab | 5.4B | 4.7B | 5.5B | 4.4B | 5.1B | 5.8B |
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Is Novartis' 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 Novartis. If investors know Novartis 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 Novartis 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 0.215 | Dividend Share 3.919 | Earnings Share 4.4 | Revenue Per Share 23.168 | Quarterly Revenue Growth 0.097 |
The market value of Novartis AG ADR is measured differently than its book value, which is the value of Novartis that is recorded on the company's balance sheet. Investors also form their own opinion of Novartis' value that differs from its market value or its book value, called intrinsic value, which is Novartis' 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 Novartis' market value can be influenced by many factors that don't directly affect Novartis' 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 Novartis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Novartis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novartis' 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.