Agilent Historical Income Statement

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USD 121.18  0.62  0.51%   

Historical analysis of Agilent Technologies income statement accounts such as Consolidated Income of 1.2 B can show how well Agilent Technologies performed in making a profits. Evaluating Agilent Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Agilent Technologies's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Agilent Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Agilent Technologies is a good buy for the upcoming year.
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About Agilent Income Statement Analysis

Agilent Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Agilent Technologies shareholders. The income statement also shows Agilent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Agilent Technologies Income Statement Chart

Agilent Technologies Income Statement is one of the three primary financial statements used for reporting Agilent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Agilent Technologies revenue and expense. Agilent Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Agilent Technologies Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 72.9 Million. The current year Net Loss Income from Discontinued Operations is expected to grow to about 45.9 M, whereas Direct Expenses is forecasted to decline to about 3.3 B.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Cost of Revenue

Cost of Revenue is found on Agilent Technologies income statement and represents the costs associated with goods and services Agilent Technologies 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. The aggregate cost of goods produced and sold and services rendered during the reporting period.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Agilent Technologies financial statement analysis. It represents the amount of money remaining after all of Agilent Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Agilent Technologies for goods sold or services provided during a certain time period. It also includes all of Agilent Technologies sales as well as any other increase in Agilent Technologies equity.Revenues are reported on Agilent Technologies income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

Income Tax Expense

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Most accounts from Agilent Technologies income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Agilent Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Agilent Technologies Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 72.9 Million. The current year Net Loss Income from Discontinued Operations is expected to grow to about 45.9 M, whereas Direct Expenses is forecasted to decline to about 3.3 B.
 2019 2020 2021 2022 (projected)
Consolidated Income719 M1.21 B1.39 B1.17 B
Direct Expenses2.5 B2.91 B3.35 B3.28 B

Agilent Technologies income statement Correlations

Agilent Technologies Account Relationship Matchups

Agilent Technologies income statement Accounts

201720182019202020212022 (projected)
Direct Expenses2.23 B2.36 B2.5 B2.91 B3.35 B3.28 B
Consolidated Income316 M1.07 B719 M1.21 B1.39 B1.17 B
Cost of Revenue2.23 B2.36 B2.5 B2.91 B2.62 B2.39 B
Earning Before Interest and Taxes EBIT1.02 B993 M920 M1.44 B1.66 B1.41 B
Earning Before Interest and Taxes USD1.02 B993 M920 M1.44 B1.66 B1.41 B
Gross Profit2.68 B2.81 B2.84 B3.41 B3.92 B3.61 B
Interest Expense75 M74 M78 M81 M72.9 M73.93 M
Net Income316 M1.07 B719 M1.21 B1.39 B1.17 B
Net Income Common Stock316 M1.07 B719 M1.21 B1.39 B1.17 B
Net Income Common Stock USD316 M1.07 B719 M1.21 B1.39 B1.17 B
Operating Expenses1.78 B1.86 B1.99 B2.06 B1.85 B1.76 B
Operating Income904 M941 M846 M1.35 B1.55 B1.29 B
Revenues4.91 B5.16 B5.34 B6.32 B5.69 B5.13 B
Revenues USD4.91 B5.16 B5.34 B6.32 B5.69 B5.13 B
Research and Development Expense387 M404 M495 M441 M396.9 M390.29 M
Selling General and Administrative Expense1.39 B1.46 B1.5 B1.62 B1.46 B1.37 B
Weighted Average Shares321 M314 M309 M304 M273.6 M281.72 M
Weighted Average Shares Diluted325 M318 M312 M307 M276.3 M284.87 M
Income Tax Expense630 M(152 M)123 M150 M172.5 M141.79 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Agilent Technologies without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Agilent Technologies

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 Agilent Technologies 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 Agilent Technologies will appreciate offsetting losses from the drop in the long position's value.

Agilent Technologies Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Agilent Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilent Technologies 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 Agilent Technologies - 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 Agilent Technologies to buy it.
The correlation of Agilent Technologies is a statistical measure of how it moves in relation to other equities. 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 Agilent Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilent Technologies 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 Agilent Technologies 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
Please continue to Trending Equities. Note that the Agilent Technologies information on this page should be used as a complementary analysis to other Agilent Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Agilent Technologies price analysis, check to measure Agilent Technologies' 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 Agilent Technologies is operating at the current time. Most of Agilent Technologies' value examination focuses on studying past and present price action to predict the probability of Agilent Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agilent Technologies' price. Additionally, you may evaluate how the addition of Agilent Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Agilent Technologies' 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 Agilent Technologies. If investors know Agilent 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 Agilent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' 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 Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' 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 Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Agilent Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' 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.