Absci Retained Earnings vs Net Debt Analysis

ABSI Stock

USD 3.05 0.11 3.74%

Absci Corp financial indicator trend analysis is way more than just evaluating Absci Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Absci Corp is a good investment. Please check the relationship between Absci Corp Retained Earnings and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Absci Corp Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Absci Corp's Retained Earnings and Net Debt is 0.44. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Absci Corp, assuming nothing else is changed. The correlation between historical values of Absci Corp's Retained Earnings and Net Debt 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 Absci Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Absci Corp's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Absci Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Absci Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.The current Selling General Administrative is estimated to decrease to about 25.2 M. The current Tax Provision is estimated to decrease to about (470.4 K)

	2021	2022	2023	2024 (projected)
Interest Expense	3.4M	972K	1.0M	1.4M
Depreciation And Amortization	6.7M	13.0M	14.0M	7.8M

Interest Expense Depreciation And Amortization

Absci Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.94	0.84	0.97	0.97	0.68	0.94	0.98	0.35	-0.84	-0.78	0.86	0.89	0.99	0.21	0.71	0.53	0.99	0.8	0.89	-0.31	-0.46	0.97	0.84	0.93	0.93
Short Long Term Debt Total	0.94		0.9	0.95	0.87	0.45	0.86	0.96	0.46	-0.69	-0.83	0.72	0.76	0.94	-0.02	0.5	0.75	0.93	0.9	0.88	-0.37	-0.3	0.95	0.86	0.93	0.97
Other Current Liab	0.84	0.9		0.89	0.85	0.2	0.84	0.92	0.27	-0.42	-0.86	0.47	0.49	0.89	-0.32	0.27	0.85	0.77	0.78	0.88	-0.31	-0.56	0.76	0.9	0.97	0.88
Total Current Liabilities	0.97	0.95	0.89		0.95	0.54	0.96	0.99	0.49	-0.75	-0.88	0.76	0.81	0.98	0.13	0.56	0.63	0.94	0.89	0.95	-0.33	-0.5	0.93	0.92	0.97	0.98
Total Stockholder Equity	0.97	0.87	0.85	0.95		0.66	0.96	0.97	0.24	-0.79	-0.76	0.81	0.83	0.99	0.17	0.68	0.48	0.95	0.71	0.9	-0.26	-0.64	0.89	0.85	0.94	0.87
Other Liab	0.68	0.45	0.2	0.54	0.66		0.53	0.54	0.09	-0.94	-0.15	0.94	0.89	0.61	0.73	0.99	-0.22	0.74	0.29	0.38	0.1	-0.18	0.69	0.25	0.39	0.45
Net Tangible Assets	0.94	0.86	0.84	0.96	0.96	0.53		0.96	0.39	-0.72	-0.89	0.69	0.78	0.96	0.2	0.53	0.51	0.89	0.78	0.98	-0.46	-0.69	0.85	0.95	0.94	0.9
Property Plant And Equipment Net	0.98	0.96	0.92	0.99	0.97	0.54	0.96		0.4	-0.74	-0.86	0.75	0.79	0.99	0.07	0.57	0.65	0.95	0.85	0.94	-0.32	-0.53	0.93	0.91	0.98	0.96
Current Deferred Revenue	0.35	0.46	0.27	0.49	0.24	0.09	0.39	0.4		-0.36	-0.61	0.26	0.4	0.33	0.32	0.03	0.33	0.34	0.79	0.49	-0.23	0.15	0.42	0.5	0.37	0.61
Net Debt	-0.84	-0.69	-0.42	-0.75	-0.79	-0.94	-0.72	-0.74	-0.36		0.44	-0.98	-0.99	-0.78	-0.66	-0.93	-0.05	-0.89	-0.59	-0.61	0.1	0.2	-0.87	-0.51	-0.6	-0.7
Retained Earnings	-0.78	-0.83	-0.86	-0.88	-0.76	-0.15	-0.89	-0.86	-0.61	0.44		-0.4	-0.54	-0.82	0.04	-0.14	-0.72	-0.71	-0.89	-0.96	0.58	0.55	-0.72	-0.99	-0.89	-0.9
Accounts Payable	0.86	0.72	0.47	0.76	0.81	0.94	0.69	0.75	0.26	-0.98	-0.4		0.97	0.8	0.56	0.95	0.11	0.91	0.57	0.58	-0.02	-0.18	0.89	0.48	0.63	0.7
Cash	0.89	0.76	0.49	0.81	0.83	0.89	0.78	0.79	0.4	-0.99	-0.54	0.97		0.83	0.61	0.88	0.14	0.93	0.66	0.7	-0.23	-0.25	0.92	0.6	0.67	0.76
Non Current Assets Total	0.99	0.94	0.89	0.98	0.99	0.61	0.96	0.99	0.33	-0.78	-0.82	0.8	0.83		0.13	0.64	0.58	0.96	0.8	0.92	-0.3	-0.55	0.93	0.88	0.97	0.94
Non Currrent Assets Other	0.21	-0.02	-0.32	0.13	0.17	0.73	0.2	0.07	0.32	-0.66	0.04	0.56	0.61	0.13		0.62	-0.63	0.28	0.07	0.09	-0.01	0.03	0.25	-0.03	-0.08	0.08
Other Assets	0.71	0.5	0.27	0.56	0.68	0.99	0.53	0.57	0.03	-0.93	-0.14	0.95	0.88	0.64	0.62		-0.13	0.77	0.3	0.37	0.15	-0.16	0.72	0.25	0.43	0.47
Long Term Debt	0.53	0.75	0.85	0.63	0.48	-0.22	0.51	0.65	0.33	-0.05	-0.72	0.11	0.14	0.58	-0.63	-0.13		0.47	0.72	0.63	-0.32	-0.18	0.52	0.7	0.74	0.71
Cash And Short Term Investments	0.99	0.93	0.77	0.94	0.95	0.74	0.89	0.95	0.34	-0.89	-0.71	0.91	0.93	0.96	0.28	0.77	0.47		0.78	0.84	-0.3	-0.38	0.99	0.78	0.87	0.9
Net Receivables	0.8	0.9	0.78	0.89	0.71	0.29	0.78	0.85	0.79	-0.59	-0.89	0.57	0.66	0.8	0.07	0.3	0.72	0.78		0.85	-0.35	-0.17	0.83	0.85	0.84	0.96
Common Stock Total Equity	0.89	0.88	0.88	0.95	0.9	0.38	0.98	0.94	0.49	-0.61	-0.96	0.58	0.7	0.92	0.09	0.37	0.63	0.84	0.85		-0.55	-0.64	0.82	0.99	0.94	0.92
Common Stock Shares Outstanding	-0.31	-0.37	-0.31	-0.33	-0.26	0.1	-0.46	-0.32	-0.23	0.1	0.58	-0.02	-0.23	-0.3	-0.01	0.15	-0.32	-0.3	-0.35	-0.55		0.34	-0.33	-0.58	-0.32	-0.34
Non Current Liabilities Total	-0.46	-0.3	-0.56	-0.5	-0.64	-0.18	-0.69	-0.53	0.15	0.2	0.55	-0.18	-0.25	-0.55	0.03	-0.16	-0.18	-0.38	-0.17	-0.64	0.34		-0.26	-0.64	-0.58	-0.35
Capital Lease Obligations	0.97	0.95	0.76	0.93	0.89	0.69	0.85	0.93	0.42	-0.87	-0.72	0.89	0.92	0.93	0.25	0.72	0.52	0.99	0.83	0.82	-0.33	-0.26		0.77	0.85	0.92
Inventory	0.84	0.86	0.9	0.92	0.85	0.25	0.95	0.91	0.5	-0.51	-0.99	0.48	0.6	0.88	-0.03	0.25	0.7	0.78	0.85	0.99	-0.58	-0.64	0.77		0.94	0.91
Other Current Assets	0.93	0.93	0.97	0.97	0.94	0.39	0.94	0.98	0.37	-0.6	-0.89	0.63	0.67	0.97	-0.08	0.43	0.74	0.87	0.84	0.94	-0.32	-0.58	0.85	0.94		0.95
Other Stockholder Equity	0.93	0.97	0.88	0.98	0.87	0.45	0.9	0.96	0.61	-0.7	-0.9	0.7	0.76	0.94	0.08	0.47	0.71	0.9	0.96	0.92	-0.34	-0.35	0.92	0.91	0.95

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Absci Corp Account Relationship Matchups

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When determining whether Absci Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Absci Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Absci Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Absci Corp Stock:

How To Invest In Absci

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Is Absci Stock a good investment?

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What is Absci Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Biotechnology space 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 Absci Corp. If investors know Absci 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 Absci Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.93)

Revenue Per Share

0.04

Quarterly Revenue Growth

1.286

Return On Assets

(0.27)

Return On Equity

(0.49)

The market value of Absci Corp is measured differently than its book value, which is the value of Absci that is recorded on the company's balance sheet. Investors also form their own opinion of Absci Corp's value that differs from its market value or its book value, called intrinsic value, which is Absci Corp'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 Absci Corp's market value can be influenced by many factors that don't directly affect Absci Corp'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 Absci Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absci Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absci Corp'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.

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Absci Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Absci Corp fundamental ratios Correlations

Absci Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.99	Other Liab
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Inventory	- 0.99	Retained Earnings
Cash	- 0.99	Net Debt
Accounts Payable	- 0.98	Net Debt
Common Stock Total Equity	- 0.96	Retained Earnings
Net Debt	- 0.94	Other Liab
Other Assets	- 0.93	Net Debt