Aclaris Total Assets vs Net Debt Analysis

ACRS Stock  USD 4.07  0.25  6.54%   
Aclaris Therapeutics financial indicator trend analysis is way more than just evaluating Aclaris Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aclaris Therapeutics is a good investment. Please check the relationship between Aclaris Therapeutics Total Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aclaris Therapeutics Total Assets account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aclaris Therapeutics' Total Assets and Net Debt is -0.48. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Aclaris Therapeutics, assuming nothing else is changed. The correlation between historical values of Aclaris Therapeutics' Total Assets 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 Total Assets of Aclaris Therapeutics 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 Total Assets i.e., Aclaris Therapeutics' Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Aclaris Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aclaris Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Aclaris Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aclaris Therapeutics 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 Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.Discontinued Operations is likely to gain to about 167.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 21.3 M in 2024.

Aclaris Therapeutics fundamental ratios Correlations

0.770.790.990.580.68-0.48-0.620.860.540.740.960.70.94-0.040.710.790.510.780.970.280.97-0.10.440.590.49
0.770.730.70.350.69-0.22-0.560.820.30.550.730.660.70.340.730.720.70.60.730.320.630.130.60.720.04
0.790.730.720.670.79-0.24-0.860.940.310.80.660.910.610.030.680.930.690.890.690.570.770.270.380.930.46
0.990.70.720.520.64-0.53-0.560.790.580.680.970.640.95-0.170.650.740.360.710.980.260.98-0.190.390.510.5
0.580.350.670.520.22-0.11-0.90.530.120.610.550.820.540.040.720.80.550.90.550.080.620.240.290.510.79
0.680.690.790.640.22-0.37-0.490.890.50.790.510.50.480.020.330.580.550.610.560.660.590.250.230.810.11
-0.48-0.22-0.24-0.53-0.11-0.370.13-0.34-0.99-0.23-0.51-0.21-0.580.32-0.16-0.260.07-0.21-0.52-0.26-0.48-0.060.07-0.05-0.14
-0.62-0.56-0.86-0.56-0.9-0.490.13-0.73-0.17-0.65-0.56-0.94-0.520.01-0.71-0.93-0.62-0.92-0.57-0.42-0.63-0.31-0.29-0.8-0.64
0.860.820.940.790.530.89-0.34-0.730.430.810.740.780.70.120.650.840.720.830.770.610.770.250.410.90.3
0.540.30.310.580.120.5-0.99-0.170.430.340.540.240.6-0.280.170.30.010.270.550.290.520.09-0.050.140.13
0.740.550.80.680.610.79-0.23-0.650.810.340.560.60.530.070.510.650.640.850.590.280.70.260.350.690.55
0.960.730.660.970.550.51-0.51-0.560.740.540.560.640.99-0.080.730.740.390.691.00.210.93-0.210.460.450.48
0.70.660.910.640.820.5-0.21-0.940.780.240.60.640.610.070.770.980.660.870.660.390.710.250.350.80.54
0.940.70.610.950.540.48-0.58-0.520.70.60.530.990.61-0.080.730.70.350.660.980.180.91-0.140.440.380.44
-0.040.340.03-0.170.040.020.320.010.12-0.280.07-0.080.07-0.080.260.00.720.08-0.1-0.27-0.220.40.360.12-0.38
0.710.730.680.650.720.33-0.16-0.710.650.170.510.730.770.730.260.790.640.730.70.150.660.240.820.550.45
0.790.720.930.740.80.58-0.26-0.930.840.30.650.740.980.70.00.790.630.890.750.420.80.20.390.820.54
0.510.70.690.360.550.550.07-0.620.720.010.640.390.660.350.720.640.630.710.390.190.360.490.490.710.12
0.780.60.890.710.90.61-0.21-0.920.830.270.850.690.870.660.080.730.890.710.70.350.760.290.360.770.67
0.970.730.690.980.550.56-0.52-0.570.770.550.591.00.660.98-0.10.70.750.390.70.250.95-0.210.410.480.48
0.280.320.570.260.080.66-0.26-0.420.610.290.280.210.390.18-0.270.150.420.190.350.250.240.280.040.7-0.01
0.970.630.770.980.620.59-0.48-0.630.770.520.70.930.710.91-0.220.660.80.360.760.950.24-0.190.350.530.62
-0.10.130.27-0.190.240.25-0.06-0.310.250.090.26-0.210.25-0.140.40.240.20.490.29-0.210.28-0.190.170.39-0.2
0.440.60.380.390.290.230.07-0.290.41-0.050.350.460.350.440.360.820.390.490.360.410.040.350.170.340.17
0.590.720.930.510.510.81-0.05-0.80.90.140.690.450.80.380.120.550.820.710.770.480.70.530.390.340.22
0.490.040.460.50.790.11-0.14-0.640.30.130.550.480.540.44-0.380.450.540.120.670.48-0.010.62-0.20.170.22
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Aclaris Therapeutics Account Relationship Matchups

Aclaris Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.3M70.8M251.2M254.6M197.4M169.3M
Other Current Liab4.2M8.4M11.6M10.2M2.2M2.1M
Total Current Liabilities22.4M14.9M22.9M21.9M31.0M16.3M
Total Stockholder Equity69.9M37.7M197.3M197.6M157.2M133.2M
Other Liab2.4M7.6M28.8M33.5M38.5M40.4M
Property Plant And Equipment Net2.5M1.7M1.3M1.1M1.6M1.6M
Net Debt(35.3M)(42.9M)(26.7M)(44.6M)(39.5M)(41.4M)
Retained Earnings(453.5M)(504.5M)(595.4M)(682.3M)(770.8M)(732.3M)
Accounts Payable9.9M5.3M10.0M10.4M8.9M7.2M
Cash35.9M54.1M27.3M45.3M39.9M52.9M
Non Current Assets Total14.5M13.3M46.2M23.0M68.5M72.0M
Cash And Short Term Investments75.0M54.1M225.7M229.8M119.1M137.6M
Common Stock Shares Outstanding41.3M42.5M56.7M65.2M69.8M38.5M
Short Term Investments39.1M32.1M164.1M172.3M79.2M96.3M
Liabilities And Stockholders Equity98.3M70.8M251.2M254.6M197.4M169.3M
Non Current Liabilities Total6.0M18.3M30.9M35.0M9.3M8.8M
Other Current Assets3.1M5.2M26.0M13.5M9.5M7.2M
Other Stockholder Equity523.5M542.3M793.0M880.8M928.1M495.6M
Total Liab28.4M33.1M53.9M57.0M40.2M36.1M
Property Plant And Equipment Gross2.5M1.7M4.7M5.1M5.8M6.1M
Total Current Assets83.8M57.5M205.0M231.6M128.9M139.1M
Accumulated Other Comprehensive Income(66K)(94K)(224K)(897K)(106K)(111.3K)
Property Plant Equipment7.2M1.7M1.3M1.1M1.3M1.9M
Net Tangible Assets62.7M30.5M190.3M190.6M219.2M135.0M
Non Currrent Assets Other4.8M4.5M3.6M(630K)1.7M1.8M
Other Assets92K4.5M251.2M1.7M2.0M1.9M
Net Receivables704K772K623K484K298K283.1K
Retained Earnings Total Equity(453.5M)(504.5M)(595.4M)(682.3M)(614.1M)(583.4M)
Capital Surpluse523.5M542.3M793.0M880.8M1.0B553.9M
Inventory791K5.0M(34.2M)(12.2M)(11.0M)(10.5M)
Intangible Assets7.2M7.1M7.0M7.0M269K255.6K
Non Current Liabilities Other5.4M7.2M30.6M34.7M9.3M13.1M
Short Long Term Debt Total658K11.3M693K684K426K404.7K
Capital Lease Obligations637K603K693K684K426K594.9K
Net Invested Capital69.9M48.3M197.3M197.6M157.2M130.4M
Net Working Capital61.4M42.6M182.1M209.6M97.9M106.7M

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