Organovo Long Term Debt vs Deferred Long Term Liab Analysis

ONVO Stock  USD 0.43  0.01  2.38%   
Organovo Holdings financial indicator trend analysis is much more than just breaking down Organovo Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Organovo Holdings is a good investment. Please check the relationship between Organovo Holdings Long Term Debt and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organovo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Organovo Stock, please use our How to Invest in Organovo Holdings guide.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Organovo Holdings Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Organovo Holdings' Long Term Debt and Deferred Long Term Liab is -0.65. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Organovo Holdings, assuming nothing else is changed. The correlation between historical values of Organovo Holdings' Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Organovo Holdings are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Organovo Holdings' Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Organovo Holdings has held for over one year. Long-term debt appears on Organovo Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Organovo Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Organovo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Organovo Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organovo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Organovo Stock, please use our How to Invest in Organovo Holdings guide.At this time, Organovo Holdings' Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 92.90, while Tax Provision is likely to drop 1,710.
 2021 2022 2023 2024 (projected)
Cost Of Revenue142K293K5.5M4.2M
Research Development3.3M8.9M5.5M7.4M

Organovo Holdings fundamental ratios Correlations

0.070.97-1.0-0.090.631.01.00.6-0.120.550.330.091.00.690.340.550.010.480.140.20.39-0.510.53-0.33-0.26
0.07-0.16-0.070.240.190.060.060.18-0.44-0.11-0.260.990.070.23-0.320.0-0.220.15-0.190.27-0.010.350.020.26-0.32
0.97-0.16-0.97-0.130.580.970.970.56-0.040.560.37-0.140.970.640.390.530.050.440.160.130.37-0.580.51-0.39-0.19
-1.0-0.07-0.970.02-0.61-1.0-1.0-0.630.19-0.51-0.27-0.08-1.0-0.71-0.29-0.470.03-0.46-0.06-0.18-0.30.47-0.460.330.29
-0.090.24-0.130.02-0.23-0.05-0.050.14-0.89-0.67-0.960.18-0.060.0-0.66-0.5-0.630.03-0.750.15-0.540.81-0.310.33-0.75
0.630.190.58-0.61-0.230.620.620.480.00.310.330.20.620.570.090.47-0.180.290.140.090.44-0.480.5-0.33-0.08
1.00.060.97-1.0-0.050.621.00.62-0.160.530.290.071.00.70.30.49-0.010.460.080.170.33-0.490.48-0.34-0.27
1.00.060.97-1.0-0.050.621.00.62-0.160.530.290.071.00.70.310.5-0.010.460.090.170.33-0.490.48-0.34-0.27
0.60.180.56-0.630.140.480.620.62-0.38-0.020.020.160.620.950.19-0.01-0.580.63-0.160.43-0.05-0.120.1-0.12-0.41
-0.12-0.44-0.040.19-0.890.0-0.16-0.16-0.380.490.85-0.37-0.15-0.280.610.430.69-0.210.81-0.310.53-0.650.25-0.250.77
0.55-0.110.56-0.51-0.670.310.530.53-0.020.490.75-0.070.530.130.530.510.770.030.45-0.20.35-0.740.28-0.450.51
0.33-0.260.37-0.27-0.960.330.290.290.020.850.75-0.20.30.170.750.580.620.090.75-0.120.59-0.880.39-0.40.65
0.090.99-0.14-0.080.180.20.070.070.16-0.37-0.07-0.20.080.22-0.260.09-0.180.16-0.10.270.080.310.10.26-0.29
1.00.070.97-1.0-0.060.621.01.00.62-0.150.530.30.080.710.320.51-0.010.480.090.190.34-0.490.49-0.34-0.27
0.690.230.64-0.710.00.570.70.70.95-0.280.130.170.220.710.250.1-0.480.62-0.060.40.05-0.280.17-0.22-0.33
0.34-0.320.39-0.29-0.660.090.30.310.190.610.530.75-0.260.320.250.510.430.340.70.190.46-0.530.410.120.43
0.550.00.53-0.47-0.50.470.490.5-0.010.430.510.580.090.510.10.510.360.350.710.250.95-0.570.96-0.040.02
0.01-0.220.050.03-0.63-0.18-0.01-0.01-0.580.690.770.62-0.18-0.01-0.480.430.36-0.330.51-0.420.27-0.450.1-0.20.69
0.480.150.44-0.460.030.290.460.460.63-0.210.030.090.160.480.620.340.35-0.33-0.010.860.27-0.010.460.08-0.51
0.14-0.190.16-0.06-0.750.140.080.09-0.160.810.450.75-0.10.09-0.060.70.710.51-0.01-0.120.8-0.590.61-0.030.51
0.20.270.13-0.180.150.090.170.170.43-0.31-0.2-0.120.270.190.40.190.25-0.420.86-0.120.190.210.40.38-0.57
0.39-0.010.37-0.3-0.540.440.330.33-0.050.530.350.590.080.340.050.460.950.270.270.80.19-0.550.93-0.050.07
-0.510.35-0.580.470.81-0.48-0.49-0.49-0.12-0.65-0.74-0.880.31-0.49-0.28-0.53-0.57-0.45-0.01-0.590.21-0.55-0.420.58-0.5
0.530.020.51-0.46-0.310.50.480.480.10.250.280.390.10.490.170.410.960.10.460.610.40.93-0.420.07-0.19
-0.330.26-0.390.330.33-0.33-0.34-0.34-0.12-0.25-0.45-0.40.26-0.34-0.220.12-0.04-0.20.08-0.030.38-0.050.580.07-0.2
-0.26-0.32-0.190.29-0.75-0.08-0.27-0.27-0.410.770.510.65-0.29-0.27-0.330.430.020.69-0.510.51-0.570.07-0.5-0.19-0.2
Click cells to compare fundamentals

Organovo Holdings Account Relationship Matchups

Organovo Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4M39.9M33.3M20.3M6.3M6.0M
Total Current Liabilities1.8M721K1.4M3.7M1.9M3.3M
Total Stockholder Equity26.6M39.2M30.2M15.3M3.6M3.4M
Net Debt(27.4M)(37.4M)(26.5M)(13.5M)(1.5M)(1.6M)
Retained Earnings(279.5M)(296.3M)(307.7M)(325.0M)(339.7M)(322.7M)
Accounts Payable720K281K415K331K627K595.8K
Cash27.4M37.4M28.7M15.3M2.9M2.8M
Cash And Short Term Investments27.4M37.4M28.7M16.0M2.9M2.8M
Common Stock Total Equity111K124K131K9K10.4K9.8K
Common Stock Shares Outstanding6.5M6.9M8.7M8.7M9.1M6.1M
Liabilities And Stockholders Equity28.4M39.9M33.3M20.3M6.3M6.0M
Other Current Assets851K2.1M1.7M889K705K1.0M
Other Stockholder Equity306.0M335.5M337.9M340.3M343.3M242.2M
Total Liab1.8M721K3.1M5.0M2.7M3.7M
Total Current Assets28.3M38.4M29.5M17.0M3.9M3.7M
Common Stock111K124K131K9K10K9.5K
Non Current Assets Total123K1.5M3.8M3.3M2.4M2.4M
Non Currrent Assets Other123K1.1M948K658K437K413.2K
Net Receivables558K111K0.0152K33K31.4K
Non Current Liabilities Total720K281K1.7M1.3M888K664.9K
Property Plant And Equipment Gross415K381K3.9M3.9M3.2M2.4M
Other Current Liab1.1M440K10K2.4M221K210.0K
Property Plant And Equipment Net0.0381K2.8M2.6M2.0M2.2M
Intangible Assets123K109K94K13K8K7.6K
Net Tangible Assets26.6M39.1M30.1M15.3M13.8M13.1M
Net Invested Capital26.6M39.2M30.2M15.3M3.6M3.4M
Net Working Capital26.5M37.7M28.2M13.4M2.1M2.0M

Pair Trading with Organovo Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Organovo Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Organovo Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Organovo Stock

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Moving against Organovo Stock

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The ability to find closely correlated positions to Organovo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Organovo Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Organovo Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Organovo Holdings to buy it.
The correlation of Organovo Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Organovo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Organovo Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Organovo Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Organovo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Organovo Holdings' 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 Organovo Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organovo Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organovo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Organovo Stock, please use our How to Invest in Organovo Holdings guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Organovo Holdings. If investors know Organovo 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 Organovo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.04)
Revenue Per Share
0.008
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.89)
Return On Equity
(2.07)
The market value of Organovo Holdings is measured differently than its book value, which is the value of Organovo that is recorded on the company's balance sheet. Investors also form their own opinion of Organovo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Organovo Holdings' 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 Organovo Holdings' market value can be influenced by many factors that don't directly affect Organovo Holdings' 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 Organovo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Organovo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Organovo Holdings' 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.