10X Common Stock Total Equity vs Other Assets Analysis
TXG Stock | USD 15.48 0.47 3.13% |
10X Genomics financial indicator trend analysis is way more than just evaluating 10X Genomics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 10X Genomics is a good investment. Please check the relationship between 10X Genomics Common Stock Total Equity and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 10X Genomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in 10X Stock please use our How to Invest in 10X Genomics guide.
Common Stock Total Equity vs Other Assets
Common Stock Total Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 10X Genomics Common Stock Total Equity account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 10X Genomics' Common Stock Total Equity and Other Assets is 0.56. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of 10X Genomics, assuming nothing else is changed. The correlation between historical values of 10X Genomics' Common Stock Total Equity and Other Assets 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 10X Genomics are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Total Equity i.e., 10X Genomics' Common Stock Total Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Other Assets
Most indicators from 10X Genomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 10X Genomics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in 10X Genomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in 10X Stock please use our How to Invest in 10X Genomics guide.At this time, 10X Genomics' Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The 10X Genomics' current Sales General And Administrative To Revenue is estimated to increase to 0.64, while Tax Provision is projected to decrease to roughly 3.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 866K | 476K | 33K | 31.4K | Depreciation And Amortization | 28.3M | 33.0M | 43.6M | 45.8M |
10X Genomics fundamental ratios Correlations
Click cells to compare fundamentals
10X Genomics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
10X Genomics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 605.9M | 929.3M | 1.0B | 1.0B | 965.1M | 746.1M | |
Short Long Term Debt Total | 29.7M | 63.0M | 82.0M | 95.2M | 95.4M | 63.7M | |
Other Current Liab | 36.8M | 88.4M | 72.8M | 79.3M | 70.2M | 58.9M | |
Total Current Liabilities | 63.0M | 118.1M | 110.4M | 131.0M | 127.2M | 94.9M | |
Total Stockholder Equity | 420.1M | 739.1M | 817.6M | 805.7M | 741.0M | 501.4M | |
Other Liab | 103.0M | 15.1M | 14.1M | 6.1M | 5.5M | 5.3M | |
Net Tangible Assets | 397.7M | 739.1M | 787.7M | 778.4M | 895.1M | 939.9M | |
Property Plant And Equipment Net | 48.8M | 119.8M | 230.4M | 359.2M | 344.9M | 176.2M | |
Current Deferred Revenue | 3.3M | 4.5M | 5.3M | 7.9M | 13.2M | 13.8M | |
Net Debt | (394.4M) | (600.6M) | (505.5M) | (124.6M) | (263.9M) | (277.1M) | |
Retained Earnings | (262.4M) | (805.1M) | (863.3M) | (1.0B) | (1.3B) | (1.2B) | |
Accounts Payable | 13.0M | 4.7M | 17.4M | 21.6M | 15.7M | 13.6M | |
Cash | 424.2M | 663.6M | 587.4M | 219.7M | 359.3M | 372.0M | |
Non Current Assets Total | 125.1M | 155.0M | 271.2M | 393.9M | 369.1M | 210.6M | |
Non Currrent Assets Other | 76.3M | 12.8M | 10.9M | 7.4M | 3.1M | 2.9M | |
Other Assets | 53.9M | 82.1M | 10.9M | 7.4M | 8.5M | 8.0M | |
Cash And Short Term Investments | 424.2M | 663.6M | 587.4M | 430.0M | 388.7M | 409.6M | |
Net Receivables | 33.4M | 51.2M | 85.3M | 104.2M | 114.8M | 67.9M | |
Common Stock Shares Outstanding | 78.2M | 101.2M | 110.3M | 113.9M | 117.2M | 85.8M | |
Liabilities And Stockholders Equity | 605.9M | 929.3M | 1.0B | 1.0B | 965.1M | 746.1M | |
Non Current Liabilities Total | 122.8M | 72.1M | 90.9M | 92.3M | 96.9M | 108.9M | |
Capital Surpluse | 682.5M | 1.5B | 1.7B | 1.8B | 2.1B | 2.2B | |
Inventory | 15.3M | 30.0M | 60.0M | 81.6M | 73.7M | 43.0M | |
Other Current Assets | 8.0M | 42.6M | 28.8M | 19.2M | 18.8M | 19.3M | |
Other Stockholder Equity | 76.6M | 1.5B | 1.7B | 1.8B | 2.0B | 1.1B | |
Total Liab | 185.8M | 190.3M | 201.3M | 223.2M | 224.1M | 178.0M | |
Net Invested Capital | 449.8M | 739.1M | 817.6M | 805.7M | 741.0M | 512.4M | |
Property Plant And Equipment Gross | 48.8M | 72.8M | 230.4M | 359.2M | 448.4M | 470.8M | |
Total Current Assets | 480.8M | 774.4M | 747.6M | 635.0M | 596.0M | 535.6M | |
Accumulated Other Comprehensive Income | (46K) | (50K) | 22K | (4.3M) | (429K) | (450.5K) | |
Non Current Liabilities Other | 1.1M | 72.1M | 90.9M | 6.1M | 4.3M | 4.1M | |
Net Working Capital | 417.8M | 656.2M | 637.2M | 504.1M | 468.9M | 440.6M | |
Short Term Debt | 9.9M | 11.9M | 10.3M | 18.1M | 23.0M | 12.8M | |
Property Plant Equipment | 48.8M | 72.8M | 230.4M | 289.3M | 332.7M | 349.4M |
Currently Active Assets on Macroaxis
When determining whether 10X Genomics is a strong investment it is important to analyze 10X Genomics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 10X Genomics' future performance. For an informed investment choice regarding 10X Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 10X Genomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in 10X Stock please use our How to Invest in 10X Genomics guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Life Sciences Tools & Services 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 10X Genomics. If investors know 10X 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 10X Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.52) | Revenue Per Share 5.261 | Quarterly Revenue Growth (0.01) | Return On Assets (0.11) | Return On Equity (0.25) |
The market value of 10X Genomics is measured differently than its book value, which is the value of 10X that is recorded on the company's balance sheet. Investors also form their own opinion of 10X Genomics' value that differs from its market value or its book value, called intrinsic value, which is 10X Genomics' 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 10X Genomics' market value can be influenced by many factors that don't directly affect 10X Genomics' 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 10X Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if 10X Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 10X Genomics' 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.