Aditxt Research Development vs Selling And Marketing Expenses Analysis

ADTX Stock  USD 0.35  0.01  2.94%   
Aditxt financial indicator trend analysis is way more than just evaluating Aditxt Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditxt Inc is a good investment. Please check the relationship between Aditxt Research Development and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Research Development vs Selling And Marketing Expenses

Research Development vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Research Development account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aditxt's Research Development and Selling And Marketing Expenses is 0.75. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Aditxt Inc, assuming nothing else is changed. The correlation between historical values of Aditxt's Research Development and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Aditxt Inc are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Research Development i.e., Aditxt's Research Development and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Selling And Marketing Expenses

Most indicators from Aditxt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aditxt Inc 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 Aditxt Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Issuance Of Capital Stock is likely to rise to about 14.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.9 M in 2024.
 2021 2022 2023 2024 (projected)
Income Tax Expense1.9M543.9K310.3K294.8K
Depreciation And Amortization476.2K536.0K542.6K515.5K

Aditxt fundamental ratios Correlations

0.050.960.95-0.890.580.81-0.920.950.160.160.63-0.580.680.750.950.981.00.650.69-0.74-0.040.990.95-0.050.96
0.050.12-0.06-0.05-0.130.01-0.090.20.050.05-0.2-0.640.520.550.080.11-0.010.060.6-0.11-0.070.040.03-0.080.03
0.960.120.83-0.940.340.93-0.870.99-0.1-0.10.45-0.510.610.670.891.00.950.430.62-0.89-0.230.990.99-0.241.0
0.95-0.060.83-0.750.80.59-0.870.810.450.450.79-0.60.650.760.90.860.960.840.68-0.480.160.880.810.150.84
-0.89-0.05-0.94-0.75-0.23-0.90.75-0.920.160.16-0.250.37-0.42-0.53-0.79-0.93-0.89-0.31-0.490.850.28-0.93-0.950.29-0.95
0.58-0.130.340.8-0.230.01-0.60.330.860.860.9-0.560.560.650.620.40.60.980.570.110.540.450.310.530.35
0.810.010.930.59-0.90.01-0.730.92-0.45-0.450.2-0.240.40.390.740.910.80.090.37-0.99-0.420.90.94-0.420.93
-0.92-0.09-0.87-0.870.75-0.6-0.73-0.89-0.18-0.18-0.720.68-0.8-0.81-1.0-0.9-0.89-0.65-0.750.64-0.02-0.9-0.820.0-0.85
0.950.20.990.81-0.920.330.92-0.89-0.09-0.090.44-0.570.680.710.90.990.930.430.68-0.88-0.220.980.97-0.230.98
0.160.05-0.10.450.160.86-0.45-0.18-0.091.00.63-0.50.370.480.2-0.040.180.840.440.540.660.0-0.140.66-0.1
0.160.05-0.10.450.160.86-0.45-0.18-0.091.00.63-0.50.370.480.2-0.040.180.840.440.540.660.0-0.140.66-0.1
0.63-0.20.450.79-0.250.90.2-0.720.440.630.63-0.560.610.630.710.50.640.870.58-0.090.340.540.410.330.45
-0.58-0.64-0.51-0.60.37-0.56-0.240.68-0.57-0.5-0.5-0.56-0.89-0.95-0.67-0.54-0.54-0.7-0.990.21-0.2-0.51-0.41-0.18-0.44
0.680.520.610.65-0.420.560.4-0.80.680.370.370.61-0.890.920.780.650.620.670.91-0.360.340.630.510.320.55
0.750.550.670.76-0.530.650.39-0.810.710.480.480.63-0.950.920.810.70.710.770.97-0.350.160.680.580.140.61
0.950.080.890.9-0.790.620.74-1.00.90.20.20.71-0.670.780.810.920.920.670.75-0.650.020.920.840.010.87
0.980.111.00.86-0.930.40.91-0.90.99-0.04-0.040.5-0.540.650.70.920.960.490.65-0.86-0.171.00.98-0.180.99
1.0-0.010.950.96-0.890.60.8-0.890.930.180.180.64-0.540.620.710.920.960.660.64-0.72-0.040.980.95-0.050.96
0.650.060.430.84-0.310.980.09-0.650.430.840.840.87-0.70.670.770.670.490.660.70.020.480.520.390.470.43
0.690.60.620.68-0.490.570.37-0.750.680.440.440.58-0.990.910.970.750.650.640.7-0.330.140.620.530.120.56
-0.74-0.11-0.89-0.480.850.11-0.990.64-0.880.540.54-0.090.21-0.36-0.35-0.65-0.86-0.720.02-0.330.5-0.83-0.90.51-0.88
-0.04-0.07-0.230.160.280.54-0.42-0.02-0.220.660.660.34-0.20.340.160.02-0.17-0.040.480.140.5-0.14-0.281.0-0.24
0.990.040.990.88-0.930.450.9-0.90.980.00.00.54-0.510.630.680.921.00.980.520.62-0.83-0.140.98-0.150.99
0.950.030.990.81-0.950.310.94-0.820.97-0.14-0.140.41-0.410.510.580.840.980.950.390.53-0.9-0.280.98-0.291.0
-0.05-0.08-0.240.150.290.53-0.420.0-0.230.660.660.33-0.180.320.140.01-0.18-0.050.470.120.511.0-0.15-0.29-0.25
0.960.031.00.84-0.950.350.93-0.850.98-0.1-0.10.45-0.440.550.610.870.990.960.430.56-0.88-0.240.991.0-0.25
Click cells to compare fundamentals

Aditxt Account Relationship Matchups

Aditxt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.5K13.1M16.7M10.7M44.6M46.8M
Other Current Liab962.7K248.1K186.1K188.6K158.6K254.6K
Total Current Liabilities3.0M1.2M3.6M3.6M25.9M27.2M
Total Stockholder Equity(2.9M)11.0M10.2M5.2M16.1M16.9M
Net Tangible Assets(2.9M)10.7M10.0M5.1M5.9M3.9M
Net Debt161.5K(8.7M)(3.2M)613.2K18.1M19.0M
Retained Earnings(11.7M)(20.9M)(67.4M)(95.0M)(127.7M)(121.4M)
Accounts Payable1.8M241.6K1.6M2.0M8.6M9.0M
Cash4.1K10.5M7.9M2.8M97.1K92.2K
Non Current Assets Total119.4K2.1M7.2M6.0M37.7M39.5M
Cash And Short Term Investments4.1K10.5M7.9M2.8M97.1K92.2K
Common Stock Shares Outstanding2.6K6.5K9.5K46.4K302.4K287.2K
Liabilities And Stockholders Equity123.5K13.1M16.7M10.7M44.6M46.8M
Non Current Liabilities Total2.0M858.1K2.9M1.9M2.6M1.8M
Other Stockholder Equity8.9M31.9M77.5M100.2M143.8M151.0M
Total Liab3.0M2.1M6.5M5.5M28.5M30.0M
Net Invested Capital(2.7M)11.0M11.0M5.6M32.2M33.8M
Total Current Assets4.1K11.0M9.4M4.7M6.9M5.1M
Net Working Capital(3.0M)9.8M5.8M1.1M(19.0M)(18.0M)
Common Stock3.9K13.1K44.5K4.3K1.3K1.3K
Short Long Term Debt Total165.6K1.8M4.7M3.4M18.2M19.1M
Short Long Term Debt165.6K587.6K700.4K410.0K16.2M17.0M
Capital Stock3.9K13.1K44.5K4.3K1.3K1.3K
Short Term Debt165.6K978.8K1.8M1.5M17.2M18.0M

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