Novartis Retained Earnings vs Cash And Short Term Investments Analysis

NVS Stock

USD 114.01 0.52 0.46%

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 Retained Earnings and its Cash And Short Term Investments 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 closely tied with the direction of predictive economic indicators such as signals in real.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novartis AG ADR Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Novartis' Retained Earnings and Cash And Short Term Investments is -0.02. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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' Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Novartis AG ADR are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Novartis' Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Novartis AG ADR balance sheet. This account contains Novartis investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Novartis AG ADR fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Novartis' Discontinued Operations is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.05 in 2025, whereas Tax Provision is likely to drop slightly above 1.7 B in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	36.3B	34.2B	38.9B	32.6B
Total Revenue	51.8B	46.7B	51.7B	46.5B

Gross Profit Total Revenue

Novartis fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Capital Stock
Total Assets		0.64	0.51	0.73	0.91	0.78	0.52	0.66	0.92	0.92	0.24	0.97	-0.32	0.11	0.71	-0.06	-0.17	-0.01	0.88	0.78	0.09	-0.15	0.86	0.28	0.41	0.02
Short Long Term Debt Total	0.64		0.85	0.88	0.28	0.09	0.15	0.9	0.34	0.59	0.6	0.56	0.31	0.42	0.14	-0.49	-0.52	0.14	0.89	0.54	0.15	0.4	0.92	0.29	0.48	-0.46
Other Current Liab	0.51	0.85		0.92	0.16	-0.03	-0.02	0.7	0.2	0.59	0.64	0.34	0.19	0.66	0.1	-0.5	-0.55	0.41	0.67	0.51	0.34	0.21	0.81	0.24	0.74	-0.51
Total Current Liabilities	0.73	0.88	0.92		0.41	0.28	0.09	0.76	0.43	0.79	0.6	0.61	0.01	0.46	0.38	-0.42	-0.49	0.19	0.82	0.66	0.29	0.03	0.93	0.37	0.65	-0.4
Total Stockholder Equity	0.91	0.28	0.16	0.41		0.91	0.63	0.35	0.99	0.81	0.0	0.91	-0.52	-0.06	0.77	0.17	0.06	-0.06	0.63	0.68	0.01	-0.32	0.57	0.19	0.25	0.25
Property Plant And Equipment Net	0.78	0.09	-0.03	0.28	0.91		0.45	0.21	0.87	0.74	-0.18	0.84	-0.65	-0.33	0.87	0.32	0.21	-0.29	0.5	0.62	-0.05	-0.57	0.43	0.21	0.03	0.41
Current Deferred Revenue	0.52	0.15	-0.02	0.09	0.63	0.45		0.1	0.68	0.36	0.14	0.55	-0.36	-0.12	0.23	0.08	0.04	-0.26	0.33	0.13	0.19	0.11	0.25	0.16	0.04	0.12
Net Debt	0.66	0.9	0.7	0.76	0.35	0.21	0.1		0.39	0.58	0.19	0.65	0.23	0.17	0.29	-0.37	-0.4	0.11	0.88	0.6	-0.16	0.35	0.87	0.18	0.22	-0.31
Retained Earnings	0.92	0.34	0.2	0.43	0.99	0.87	0.68	0.39		0.81	0.05	0.92	-0.46	-0.02	0.72	0.13	0.02	-0.04	0.66	0.67	0.02	-0.23	0.6	0.2	0.28	0.21
Accounts Payable	0.92	0.59	0.59	0.79	0.81	0.74	0.36	0.58	0.81		0.26	0.88	-0.43	0.11	0.78	-0.09	-0.24	-0.02	0.79	0.76	0.07	-0.3	0.83	0.46	0.43	-0.06
Cash	0.24	0.6	0.64	0.6	0.0	-0.18	0.14	0.19	0.05	0.26		0.07	0.28	0.65	-0.22	-0.42	-0.42	0.11	0.37	0.11	0.64	0.27	0.48	0.34	0.69	-0.48
Non Current Assets Total	0.97	0.56	0.34	0.61	0.91	0.84	0.55	0.65	0.92	0.88	0.07		-0.38	-0.13	0.76	0.03	-0.08	-0.2	0.86	0.72	-0.06	-0.16	0.79	0.31	0.16	0.11
Non Currrent Assets Other	-0.32	0.31	0.19	0.01	-0.52	-0.65	-0.36	0.23	-0.46	-0.43	0.28	-0.38		0.38	-0.54	-0.62	-0.55	0.22	-0.02	-0.27	-0.09	0.67	-0.01	-0.09	0.1	-0.63
Cash And Short Term Investments	0.11	0.42	0.66	0.46	-0.06	-0.33	-0.12	0.17	-0.02	0.11	0.65	-0.13	0.38		-0.33	-0.43	-0.39	0.81	0.16	0.23	0.43	0.32	0.29	-0.14	0.91	-0.45
Net Receivables	0.71	0.14	0.1	0.38	0.77	0.87	0.23	0.29	0.72	0.78	-0.22	0.76	-0.54	-0.33		0.13	-0.04	-0.25	0.47	0.54	-0.25	-0.66	0.46	0.46	0.02	0.18
Common Stock Total Equity	-0.06	-0.49	-0.5	-0.42	0.17	0.32	0.08	-0.37	0.13	-0.09	-0.42	0.03	-0.62	-0.43	0.13		0.95	-0.12	-0.23	-0.03	0.03	-0.49	-0.32	-0.28	-0.33	0.97
Common Stock Shares Outstanding	-0.17	-0.52	-0.55	-0.49	0.06	0.21	0.04	-0.4	0.02	-0.24	-0.42	-0.08	-0.55	-0.39	-0.04	0.95		-0.07	-0.31	-0.1	0.08	-0.38	-0.4	-0.45	-0.34	0.97
Short Term Investments	-0.01	0.14	0.41	0.19	-0.06	-0.29	-0.26	0.11	-0.04	-0.02	0.11	-0.2	0.22	0.81	-0.25	-0.12	-0.07		-0.03	0.25	0.09	0.18	0.06	-0.42	0.67	-0.11
Non Current Liabilities Total	0.88	0.89	0.67	0.82	0.63	0.5	0.33	0.88	0.66	0.79	0.37	0.86	-0.02	0.16	0.47	-0.23	-0.31	-0.03		0.68	0.07	0.13	0.97	0.27	0.35	-0.17
Inventory	0.78	0.54	0.51	0.66	0.68	0.62	0.13	0.6	0.67	0.76	0.11	0.72	-0.27	0.23	0.54	-0.03	-0.1	0.25	0.68		0.03	-0.15	0.7	0.1	0.46	0.02
Other Current Assets	0.09	0.15	0.34	0.29	0.01	-0.05	0.19	-0.16	0.02	0.07	0.64	-0.06	-0.09	0.43	-0.25	0.03	0.08	0.09	0.07	0.03		-0.09	0.17	-0.23	0.57	0.04
Other Stockholder Equity	-0.15	0.4	0.21	0.03	-0.32	-0.57	0.11	0.35	-0.23	-0.3	0.27	-0.16	0.67	0.32	-0.66	-0.49	-0.38	0.18	0.13	-0.15	-0.09		0.1	-0.18	0.01	-0.5
Total Liab	0.86	0.92	0.81	0.93	0.57	0.43	0.25	0.87	0.6	0.83	0.48	0.79	-0.01	0.29	0.46	-0.32	-0.4	0.06	0.97	0.7	0.17	0.1		0.33	0.49	-0.27
Property Plant And Equipment Gross	0.28	0.29	0.24	0.37	0.19	0.21	0.16	0.18	0.2	0.46	0.34	0.31	-0.09	-0.14	0.46	-0.28	-0.45	-0.42	0.27	0.1	-0.23	-0.18	0.33		0.01	-0.39
Total Current Assets	0.41	0.48	0.74	0.65	0.25	0.03	0.04	0.22	0.28	0.43	0.69	0.16	0.1	0.91	0.02	-0.33	-0.34	0.67	0.35	0.46	0.57	0.01	0.49	0.01		-0.33
Capital Stock	0.02	-0.46	-0.51	-0.4	0.25	0.41	0.12	-0.31	0.21	-0.06	-0.48	0.11	-0.63	-0.45	0.18	0.97	0.97	-0.11	-0.17	0.02	0.04	-0.5	-0.27	-0.39	-0.33

Click cells to compare fundamentals

Novartis Account Relationship Matchups

Novartis fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	132.1B	131.8B	117.5B	99.9B	102.2B	103.5B
Short Long Term Debt Total	38.0B	31.1B	28.0B	26.3B	31.3B	19.2B
Other Current Liab	15.1B	15.5B	14.7B	12.6B	13.4B	9.7B
Total Current Liabilities	33.1B	30.2B	28.7B	26.4B	28.7B	22.4B
Total Stockholder Equity	56.6B	67.7B	59.3B	46.7B	44.0B	56.8B
Property Plant And Equipment Net	13.9B	13.1B	12.2B	10.9B	10.9B	13.4B
Current Deferred Revenue	114M	56M	123M	98M	127M	136.0M
Net Debt	28.4B	18.7B	20.4B	13.0B	19.8B	11.4B
Retained Earnings	57.2B	71.0B	63.5B	49.6B	46.6B	57.7B
Accounts Payable	5.4B	5.6B	5.1B	4.9B	4.6B	4.2B
Cash	9.7B	12.4B	7.5B	13.4B	11.5B	7.9B
Non Current Assets Total	102.4B	86.1B	80.5B	69.5B	72.5B	73.5B
Non Currrent Assets Other	892M	2.2B	1.1B	2.2B	4.5B	4.7B
Cash And Short Term Investments	11.6B	28.3B	18.9B	14.0B	13.4B	13.1B
Net Receivables	9.1B	8.8B	8.9B	8.1B	9.5B	9.2B
Common Stock Shares Outstanding	2.3B	2.3B	2.2B	2.1B	2.0B	1.9B
Short Term Investments	1.9B	15.9B	11.4B	569M	1.9B	1.8B
Liabilities And Stockholders Equity	132.1B	131.8B	117.5B	99.9B	102.2B	103.5B
Non Current Liabilities Total	42.3B	33.8B	29.4B	26.8B	29.4B	23.9B
Inventory	7.1B	6.7B	7.2B	5.9B	5.7B	6.0B
Other Current Assets	2.9B	2.8B	2.9B	2.0B	1.1B	1.9B
Other Stockholder Equity	(80M)	(53M)	(48M)	(92M)	(41M)	(55.7M)
Total Liab	75.4B	64.0B	58.0B	53.2B	58.1B	46.3B
Property Plant And Equipment Gross	13.9B	13.1B	12.2B	22.8B	22.0B	14.4B
Total Current Assets	29.7B	45.7B	36.9B	30.5B	29.7B	30.0B
Capital Stock	913M	901M	890M	825M	793M	762.7M
Short Term Debt	10.1B	6.6B	6.2B	6.3B	8.3B	6.5B
Common Stock	913M	901M	890M	825M	793M	762.7M
Accumulated Other Comprehensive Income	55.7B	66.8B	58.5B	(3.8B)	43.3B	50.3B
Intangible Assets	36.8B	34.2B	31.6B	26.9B	26.9B	22.7B
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	26.3B	22.9B	20.2B	18.4B	21.4B	13.3B
Good Will	30.0B	29.6B	29.3B	23.3B	24.8B	22.2B
Treasury Stock	(80M)	(53M)	(48M)	(41M)	(47.2M)	(49.5M)
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	68M	167M	81M	83M	95.5M	93.5M
Deferred Long Term Liab	5.4B	4.7B	5.5B	4.4B	5.1B	5.8B

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