Adaptive Common Stock Total Equity vs Long Term Debt Total Analysis

ADPT Stock

USD 6.44 0.05 0.78%

Adaptive Biotechnologies financial indicator trend analysis is way more than just evaluating Adaptive Biotechnologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adaptive Biotechnologies is a good investment. Please check the relationship between Adaptive Biotechnologies Common Stock Total Equity and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adaptive Biotechnologies 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 american community survey.

Common Stock Total Equity vs Long Term Debt Total

Common Stock Total Equity vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adaptive Biotechnologies Common Stock Total Equity account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Adaptive Biotechnologies' Common Stock Total Equity and Long Term Debt Total is 0.97. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Adaptive Biotechnologies Corp, assuming nothing else is changed. The correlation between historical values of Adaptive Biotechnologies' Common Stock Total Equity and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Adaptive Biotechnologies Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Common Stock Total Equity i.e., Adaptive Biotechnologies' Common Stock Total Equity and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Long Term Debt Total

Most indicators from Adaptive Biotechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adaptive Biotechnologies 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 Adaptive Biotechnologies 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 american community survey.

Selling General Administrative is likely to drop to about 57.1 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.35 in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	105.0M	127.4M	94.7M	82.4M
Total Revenue	154.3M	185.3M	170.3M	123.7M

Gross Profit Total Revenue

Adaptive Biotechnologies fundamental ratios Correlations

	Total Assets	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	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.95	0.95	0.99	0.87	0.97	0.89	0.98	0.52	-0.64	0.61	0.69	0.9	0.72	0.49	-0.37	0.95	0.56	-0.27	0.92	0.44	0.93	0.92	-0.95	0.89	0.86
Other Current Liab	0.95		0.98	0.95	0.81	0.94	0.97	0.97	0.59	-0.74	0.68	0.62	0.92	0.76	0.31	-0.41	0.86	0.67	-0.29	0.93	0.63	0.83	0.91	-0.94	0.92	0.95
Total Current Liabilities	0.95	0.98		0.97	0.88	0.97	0.98	0.98	0.64	-0.8	0.76	0.6	0.91	0.83	0.36	-0.45	0.86	0.75	-0.34	0.97	0.64	0.84	0.96	-0.98	0.97	0.96
Total Stockholder Equity	0.99	0.95	0.97		0.9	0.99	0.9	0.99	0.54	-0.67	0.66	0.66	0.91	0.75	0.51	-0.38	0.94	0.61	-0.27	0.95	0.45	0.91	0.94	-0.97	0.93	0.88
Other Liab	0.87	0.81	0.88	0.9		0.93	0.79	0.86	0.66	-0.74	0.85	0.3	0.67	0.84	0.64	-0.47	0.88	0.77	-0.36	0.94	0.36	0.9	0.93	-0.92	0.92	0.76
Net Tangible Assets	0.97	0.94	0.97	0.99	0.93		0.91	0.98	0.61	-0.72	0.72	0.59	0.89	0.8	0.5	-0.42	0.91	0.68	-0.31	0.98	0.5	0.9	0.96	-0.98	0.96	0.9
Property Plant And Equipment Net	0.89	0.97	0.98	0.9	0.79	0.91		0.94	0.65	-0.82	0.75	0.59	0.9	0.8	0.18	-0.43	0.76	0.78	-0.32	0.94	0.76	0.73	0.9	-0.93	0.95	0.97
Current Deferred Revenue	0.98	0.97	0.98	0.99	0.86	0.98	0.94		0.56	-0.71	0.66	0.69	0.95	0.76	0.44	-0.39	0.88	0.64	-0.28	0.95	0.53	0.85	0.94	-0.98	0.93	0.93
Net Debt	0.52	0.59	0.64	0.54	0.66	0.61	0.65	0.56		-0.95	0.77	0.05	0.45	0.95	0.11	-0.93	0.46	0.77	-0.88	0.7	0.67	0.49	0.78	-0.69	0.72	0.68
Retained Earnings	-0.64	-0.74	-0.8	-0.67	-0.74	-0.72	-0.82	-0.71	-0.95		-0.87	-0.2	-0.61	-0.97	-0.12	0.8	-0.54	-0.9	0.74	-0.82	-0.78	-0.55	-0.86	0.8	-0.85	-0.82
Accounts Payable	0.61	0.68	0.76	0.66	0.85	0.72	0.75	0.66	0.77	-0.87		0.03	0.45	0.87	0.32	-0.53	0.6	0.98	-0.45	0.83	0.58	0.64	0.81	-0.76	0.85	0.7
Cash	0.69	0.62	0.6	0.66	0.3	0.59	0.59	0.69	0.05	-0.2	0.03		0.82	0.24	0.16	-0.04	0.56	0.05	0.0	0.48	0.29	0.47	0.48	-0.57	0.45	0.56
Non Current Assets Total	0.9	0.92	0.91	0.91	0.67	0.89	0.9	0.95	0.45	-0.61	0.45	0.82		0.63	0.31	-0.33	0.74	0.47	-0.23	0.84	0.54	0.68	0.83	-0.9	0.82	0.92
Non Currrent Assets Other	0.72	0.76	0.83	0.75	0.84	0.8	0.8	0.76	0.95	-0.97	0.87	0.24	0.63		0.32	-0.84	0.67	0.85	-0.76	0.87	0.63	0.68	0.93	-0.87	0.87	0.81
Other Assets	0.49	0.31	0.36	0.51	0.64	0.5	0.18	0.44	0.11	-0.12	0.32	0.16	0.31	0.32		-0.13	0.57	0.17	-0.06	0.43	-0.45	0.59	0.48	-0.49	0.36	0.19
Long Term Debt	-0.37	-0.41	-0.45	-0.38	-0.47	-0.42	-0.43	-0.39	-0.93	0.8	-0.53	-0.04	-0.33	-0.84	-0.13		-0.33	-0.52	0.99	-0.49	-0.46	-0.35	-0.64	0.53	-0.49	-0.49
Cash And Short Term Investments	0.95	0.86	0.86	0.94	0.88	0.91	0.76	0.88	0.46	-0.54	0.6	0.56	0.74	0.67	0.57	-0.33		0.5	-0.23	0.85	0.29	0.99	0.85	-0.86	0.81	0.7
Net Receivables	0.56	0.67	0.75	0.61	0.77	0.68	0.78	0.64	0.77	-0.9	0.98	0.05	0.47	0.85	0.17	-0.52	0.5		-0.44	0.8	0.7	0.53	0.77	-0.73	0.84	0.73
Good Will	-0.27	-0.29	-0.34	-0.27	-0.36	-0.31	-0.32	-0.28	-0.88	0.74	-0.45	0.0	-0.23	-0.76	-0.06	0.99	-0.23	-0.44		-0.37	-0.42	-0.25	-0.54	0.42	-0.38	-0.37
Common Stock Total Equity	0.92	0.93	0.97	0.95	0.94	0.98	0.94	0.95	0.7	-0.82	0.83	0.48	0.84	0.87	0.43	-0.49	0.85	0.8	-0.37		0.59	0.84	0.97	-0.98	1.0	0.92
Common Stock Shares Outstanding	0.44	0.63	0.64	0.45	0.36	0.5	0.76	0.53	0.67	-0.78	0.58	0.29	0.54	0.63	-0.45	-0.46	0.29	0.7	-0.42	0.59		0.27	0.55	-0.54	0.66	0.74
Short Term Investments	0.93	0.83	0.84	0.91	0.9	0.9	0.73	0.85	0.49	-0.55	0.64	0.47	0.68	0.68	0.59	-0.35	0.99	0.53	-0.25	0.84	0.27		0.85	-0.84	0.8	0.67
Long Term Debt Total	0.92	0.91	0.96	0.94	0.93	0.96	0.9	0.94	0.78	-0.86	0.81	0.48	0.83	0.93	0.48	-0.64	0.85	0.77	-0.54	0.97	0.55	0.85		-0.99	0.96	0.9
Non Current Liabilities Total	-0.95	-0.94	-0.98	-0.97	-0.92	-0.98	-0.93	-0.98	-0.69	0.8	-0.76	-0.57	-0.9	-0.87	-0.49	0.53	-0.86	-0.73	0.42	-0.98	-0.54	-0.84	-0.99		-0.97	-0.93
Capital Surpluse	0.89	0.92	0.97	0.93	0.92	0.96	0.95	0.93	0.72	-0.85	0.85	0.45	0.82	0.87	0.36	-0.49	0.81	0.84	-0.38	1.0	0.66	0.8	0.96	-0.97		0.93
Inventory	0.86	0.95	0.96	0.88	0.76	0.9	0.97	0.93	0.68	-0.82	0.7	0.56	0.92	0.81	0.19	-0.49	0.7	0.73	-0.37	0.92	0.74	0.67	0.9	-0.93	0.93

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Adaptive Biotechnologies Account Relationship Matchups

Adaptive Biotechnologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	912.3M	1.1B	923.3M	856.6M	661.1M	811.6M
Other Current Liab	12.9M	19.8M	19.5M	18.9M	12.8M	15.3M
Total Current Liabilities	78.3M	105.2M	113.8M	109.8M	88.0M	84.7M
Total Stockholder Equity	571.0M	743.3M	604.0M	464.2M	308.4M	347.0M
Other Liab	226.3M	163.6M	98.8M	184.0M	211.6M	125.4M
Net Tangible Assets	440.1M	614.1M	476.5M	338.4M	389.1M	205.2M
Property Plant And Equipment Net	60.4M	139.0M	172.9M	164.2M	120.3M	108.4M
Current Deferred Revenue	61.0M	73.3M	80.5M	64.1M	48.6M	55.7M
Net Debt	(60.0M)	(15.6M)	(27.3M)	18.0M	164.4M	172.6M
Retained Earnings	(365.5M)	(511.6M)	(718.9M)	(919.1M)	(1.1B)	(1.1B)
Accounts Payable	4.5M	3.2M	3.3M	8.1M	7.7M	4.8M
Cash	96.6M	123.4M	139.1M	90.0M	65.1M	102.9M
Non Current Assets Total	299.6M	389.5M	520.6M	294.5M	250.9M	324.4M
Non Currrent Assets Other	2.9M	2.7M	3.0M	4.5M	6.5M	6.8M
Other Assets	39.5M	2.7M	3.0M	4.5M	4.0M	6.7M
Cash And Short Term Investments	576.9M	688.3M	353.1M	498.2M	346.4M	443.1M
Net Receivables	12.7M	10.0M	17.4M	40.1M	38.0M	20.2M
Common Stock Shares Outstanding	69.2M	131.2M	140.4M	142.5M	144.4M	131.8M
Short Term Investments	480.3M	564.8M	214.0M	408.2M	281.3M	340.3M
Liabilities And Stockholders Equity	912.3M	1.1B	923.3M	856.6M	661.1M	811.6M
Non Current Liabilities Total	263.0M	268.0M	205.4M	282.7M	264.8M	276.3M
Capital Surpluse	935.8M	1.3B	1.3B	1.4B	1.6B	910.1M
Inventory	9.1M	14.1M	19.3M	14.5M	14.4M	13.2M
Other Current Assets	14.1M	14.5M	13.0M	9.4M	11.4M	10.7M
Other Stockholder Equity	23.5M	1.3B	1.3B	1.4B	1.5B	865.0M
Total Liab	341.3M	373.1M	319.2M	392.5M	352.9M	337.9M
Net Invested Capital	571.0M	743.3M	604.0M	464.2M	308.4M	347.0M
Property Plant And Equipment Gross	60.4M	139.0M	172.9M	164.2M	193.6M	119.9M
Total Current Assets	612.7M	726.9M	402.7M	562.1M	410.2M	487.2M
Accumulated Other Comprehensive Income	671K	893K	(1.1M)	(4.1M)	215K	225.8K
Net Working Capital	534.4M	621.7M	288.9M	452.4M	322.2M	402.6M
Intangible Assets	11.9M	10.2M	8.5M	6.8M	5.1M	8.2M

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