Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $9,627 | $10,705 | $10,532 | $10,763 | $11,846 |
Liabilities | $4,754 | $5,316 | $5,227 | $4,918 | $5,948 |
Equity | $4,873 | $5,389 | $5,305 | $5,845 | $5,898 |
Edwyn
Over the past five years, Agilent Technologies, Inc. has shown a consistent growth trajectory in terms of its financial position. Total assets have steadily increased from $9.6 billion in 2020 to $11.8 billion in 2024, indicating the company's expansion and investment in its operations. This growth in assets has outpaced the increase in liabilities, which have also risen but at a slower rate, from $4.8 billion in 2020 to $5.9 billion in 2024. As a result, stockholders' equity has seen a notable uptrend, reaching $5.9 billion in 2024. One noteworthy fluctuation is the decrease in liabilities in 2023 compared to the previous year, despite a higher total assets value. This suggests that the company effectively managed its debt levels or potentially refinanced debt at more favorable terms. The significant increase in equity in 2023 could indicate strong profitability or successful capital-raising activities. Overall, Agilent Technologies' financial health seems robust, with a healthy balance sheet and a positive trend in equity, reflecting a solid foundation for future growth and innovation in the competitive technology industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.