10X Stock Based Compensation vs Change In Working Capital Analysis

TXG Stock  USD 15.90  0.42  2.71%   
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 Stock Based Compensation and its Change In Working Capital 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.

Stock Based Compensation vs Change In Working Capital

Stock Based Compensation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 10X Genomics Stock Based Compensation account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 10X Genomics' Stock Based Compensation and Change In Working Capital is -0.24. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital 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' Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of 10X Genomics are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., 10X Genomics' Stock Based Compensation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
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 Expense866K476K33K31.4K
Depreciation And Amortization28.3M33.0M43.6M45.8M

10X Genomics fundamental ratios Correlations

0.960.980.991.00.20.970.90.75-0.81-0.910.810.870.940.290.50.780.950.920.971.00.78-0.740.950.910.88
0.960.940.980.940.050.930.970.81-0.65-0.950.860.740.980.10.30.790.840.990.910.950.79-0.610.950.980.8
0.980.940.990.980.110.950.870.71-0.82-0.910.720.880.90.20.560.760.950.890.930.970.76-0.730.940.880.94
0.990.980.990.980.110.960.930.78-0.75-0.940.790.830.950.190.470.780.920.940.950.980.78-0.710.960.930.88
1.00.940.980.980.180.970.890.72-0.82-0.890.790.880.930.30.520.710.950.90.970.990.71-0.80.940.90.88
0.20.050.110.110.180.12-0.05-0.04-0.390.040.250.350.070.950.550.50.310.030.340.230.50.080.05-0.030.05
0.970.930.950.960.970.120.880.85-0.78-0.960.770.850.920.230.450.710.920.90.960.970.71-0.780.990.890.85
0.90.970.870.930.89-0.050.880.82-0.49-0.920.880.590.990.030.140.670.730.990.850.90.67-0.640.911.00.67
0.750.810.710.780.72-0.040.850.82-0.42-0.940.70.520.82-0.010.090.640.60.840.760.760.64-0.510.90.80.54
-0.81-0.65-0.82-0.75-0.82-0.39-0.78-0.49-0.420.62-0.41-0.99-0.57-0.49-0.8-0.64-0.94-0.56-0.82-0.81-0.640.67-0.71-0.52-0.9
-0.91-0.95-0.91-0.94-0.890.04-0.96-0.92-0.940.62-0.77-0.71-0.93-0.01-0.26-0.73-0.8-0.94-0.88-0.91-0.730.64-0.99-0.92-0.78
0.810.860.720.790.790.250.770.880.7-0.41-0.770.510.910.280.050.710.650.890.780.820.71-0.450.780.90.46
0.870.740.880.830.880.350.850.590.52-0.99-0.710.510.670.440.760.70.970.650.880.870.7-0.70.790.620.92
0.940.980.90.950.930.070.920.990.82-0.57-0.930.910.670.160.230.720.790.990.910.950.72-0.670.930.990.7
0.290.10.20.190.30.950.230.03-0.01-0.49-0.010.280.440.160.620.390.410.080.440.330.39-0.190.130.040.13
0.50.30.560.470.520.550.450.140.09-0.8-0.260.050.760.230.620.480.70.190.560.510.48-0.430.360.150.68
0.780.790.760.780.710.50.710.670.64-0.64-0.730.710.70.720.390.480.740.760.780.771.0-0.180.730.690.65
0.950.840.950.920.950.310.920.730.6-0.94-0.80.650.970.790.410.70.740.770.930.940.74-0.740.870.750.94
0.920.990.890.940.90.030.90.990.84-0.56-0.940.890.650.990.080.190.760.770.890.930.76-0.590.930.990.7
0.970.910.930.950.970.340.960.850.76-0.82-0.880.780.880.910.440.560.780.930.890.990.78-0.740.920.860.81
1.00.950.970.980.990.230.970.90.76-0.81-0.910.820.870.950.330.510.770.940.930.990.77-0.750.950.910.85
0.780.790.760.780.710.50.710.670.64-0.64-0.730.710.70.720.390.481.00.740.760.780.77-0.180.730.690.65
-0.74-0.61-0.73-0.71-0.80.08-0.78-0.64-0.510.670.64-0.45-0.7-0.67-0.19-0.43-0.18-0.74-0.59-0.74-0.75-0.18-0.72-0.63-0.7
0.950.950.940.960.940.050.990.910.9-0.71-0.990.780.790.930.130.360.730.870.930.920.950.73-0.720.910.82
0.910.980.880.930.9-0.030.891.00.8-0.52-0.920.90.620.990.040.150.690.750.990.860.910.69-0.630.910.69
0.880.80.940.880.880.050.850.670.54-0.9-0.780.460.920.70.130.680.650.940.70.810.850.65-0.70.820.69
Click cells to compare fundamentals

10X Genomics Account Relationship Matchups

10X Genomics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets605.9M929.3M1.0B1.0B965.1M746.1M
Short Long Term Debt Total29.7M63.0M82.0M95.2M95.4M63.7M
Other Current Liab36.8M88.4M72.8M79.3M70.2M58.9M
Total Current Liabilities63.0M118.1M110.4M131.0M127.2M94.9M
Total Stockholder Equity420.1M739.1M817.6M805.7M741.0M501.4M
Other Liab103.0M15.1M14.1M6.1M5.5M5.3M
Net Tangible Assets397.7M739.1M787.7M778.4M895.1M939.9M
Property Plant And Equipment Net48.8M119.8M230.4M359.2M344.9M176.2M
Current Deferred Revenue3.3M4.5M5.3M7.9M13.2M13.8M
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 Payable13.0M4.7M17.4M21.6M15.7M13.6M
Cash424.2M663.6M587.4M219.7M359.3M372.0M
Non Current Assets Total125.1M155.0M271.2M393.9M369.1M210.6M
Non Currrent Assets Other76.3M12.8M10.9M7.4M3.1M2.9M
Other Assets53.9M82.1M10.9M7.4M8.5M8.0M
Cash And Short Term Investments424.2M663.6M587.4M430.0M388.7M409.6M
Net Receivables33.4M51.2M85.3M104.2M114.8M67.9M
Common Stock Shares Outstanding78.2M101.2M110.3M113.9M117.2M85.8M
Liabilities And Stockholders Equity605.9M929.3M1.0B1.0B965.1M746.1M
Non Current Liabilities Total122.8M72.1M90.9M92.3M96.9M108.9M
Capital Surpluse682.5M1.5B1.7B1.8B2.1B2.2B
Inventory15.3M30.0M60.0M81.6M73.7M43.0M
Other Current Assets8.0M42.6M28.8M19.2M18.8M19.3M
Other Stockholder Equity76.6M1.5B1.7B1.8B2.0B1.1B
Total Liab185.8M190.3M201.3M223.2M224.1M178.0M
Net Invested Capital449.8M739.1M817.6M805.7M741.0M512.4M
Property Plant And Equipment Gross48.8M72.8M230.4M359.2M448.4M470.8M
Total Current Assets480.8M774.4M747.6M635.0M596.0M535.6M
Accumulated Other Comprehensive Income(46K)(50K)22K(4.3M)(429K)(450.5K)
Non Current Liabilities Other1.1M72.1M90.9M6.1M4.3M4.1M
Net Working Capital417.8M656.2M637.2M504.1M468.9M440.6M
Short Term Debt9.9M11.9M10.3M18.1M23.0M12.8M
Property Plant Equipment48.8M72.8M230.4M289.3M332.7M349.4M

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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.