Adaptive Ebitda vs Ebit Analysis
ADPT Stock | USD 6.46 0.00 0.00% |
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 Ebitda and its Ebit 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.
Ebitda vs Ebit
Ebitda vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adaptive Biotechnologies Ebitda account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Adaptive Biotechnologies' Ebitda and Ebit is 1.0. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Ebit 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' Ebitda and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Adaptive Biotechnologies Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Ebitda i.e., Adaptive Biotechnologies' Ebitda and Ebit go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Ebit
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 |
Adaptive Biotechnologies fundamental ratios Correlations
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Adaptive Biotechnologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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