10X Long Term Debt vs Total 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 Long Term Debt and its Total 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.
Long Term Debt vs Total Assets
Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 10X Genomics Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between 10X Genomics' Long Term Debt and Total Assets is 0.78. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total 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' Long Term Debt and Total 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 Long Term Debt of 10X Genomics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., 10X Genomics' Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that 10X Genomics has held for over one year. Long-term debt appears on 10X Genomics 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 10X Genomics 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.Total Assets
Total assets refers to the total amount of 10X Genomics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 10X Genomics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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
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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 |
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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.