Adicet Non Current Liabilities Total vs Accounts Payable Analysis

ACET Stock

USD 1.57 0.17 12.14%

Adicet Bio financial indicator trend analysis is way more than just evaluating Adicet Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adicet Bio is a good investment. Please check the relationship between Adicet Bio Non Current Liabilities Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adicet Bio Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Adicet Bio's Non Current Liabilities Total and Accounts Payable is -0.18. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Adicet Bio, assuming nothing else is changed. The correlation between historical values of Adicet Bio's Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Adicet Bio are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Adicet Bio's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Adicet Bio obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Adicet Bio are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Adicet Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adicet Bio 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 Adicet Bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.At this time, Adicet Bio's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 0.00 in 2024, despite the fact that Enterprise Value is likely to grow to (54.6 M).

	2023	2024 (projected)
Total Operating Expenses	126.5M	132.8M
Cost Of Revenue	6.1M	5.8M

Total Operating Expenses Cost Of Revenue

Adicet Bio fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Receivables	Non Currrent Assets Other
Total Assets		-0.13	0.88	0.81	0.41	0.1	-0.47	-0.16	0.49	0.72	0.14	0.93	-0.01	-0.09	0.32	-0.47	-0.27	0.39	0.13	0.04	0.76	0.96	-0.03	0.69	0.29	0.43
Short Long Term Debt Total	-0.13		-0.09	0.02	0.12	-0.46	-0.31	0.8	0.27	0.0	-0.26	0.01	-0.33	0.96	-0.59	-0.13	0.84	0.65	-0.12	-0.23	0.11	-0.22	0.94	0.0	0.82	-0.88
Other Current Liab	0.88	-0.09		0.95	0.69	-0.14	-0.56	0.11	0.62	0.88	-0.26	0.91	-0.4	-0.09	0.27	-0.35	-0.29	0.52	0.24	0.13	0.88	0.78	0.02	0.86	0.37	0.43
Total Current Liabilities	0.81	0.02	0.95		0.69	-0.34	-0.6	0.27	0.79	0.97	-0.39	0.86	-0.55	0.04	0.14	-0.38	-0.15	0.68	0.36	-0.07	0.9	0.7	0.14	0.96	0.51	0.32
Total Stockholder Equity	0.41	0.12	0.69	0.69		-0.38	-0.51	0.44	0.5	0.69	-0.64	0.53	-0.72	0.11	-0.02	-0.12	-0.1	0.59	0.31	0.46	0.59	0.29	0.24	0.7	0.5	0.09
Property Plant And Equipment Net	0.1	-0.46	-0.14	-0.34	-0.38		0.11	-0.82	-0.78	-0.43	0.79	-0.03	0.72	-0.44	0.61	-0.4	-0.35	-0.59	-0.32	0.5	-0.38	0.19	-0.44	-0.45	-0.56	0.27
Current Deferred Revenue	-0.47	-0.31	-0.56	-0.6	-0.51	0.11		-0.24	-0.41	-0.64	0.08	-0.43	0.31	-0.37	-0.3	0.63	0.06	-0.77	-0.3	-0.2	-0.37	-0.47	-0.49	-0.64	-0.63	0.24
Net Debt	-0.16	0.8	0.11	0.27	0.44	-0.82	-0.24		0.59	0.3	-0.77	0.08	-0.78	0.75	-0.68	0.14	0.67	0.72	0.07	-0.28	0.35	-0.31	0.77	0.31	0.78	-0.6
Retained Earnings	0.49	0.27	0.62	0.79	0.5	-0.78	-0.41	0.59		0.84	-0.59	0.57	-0.67	0.3	-0.32	-0.06	0.17	0.77	0.39	-0.52	0.75	0.38	0.35	0.85	0.65	0.03
Accounts Payable	0.72	0.0	0.88	0.97	0.69	-0.43	-0.64	0.3	0.84		-0.44	0.75	-0.6	0.03	0.12	-0.35	-0.18	0.71	0.51	-0.11	0.83	0.63	0.14	0.99	0.51	0.29
Cash	0.14	-0.26	-0.26	-0.39	-0.64	0.79	0.08	-0.77	-0.59	-0.44		-0.11	0.94	-0.2	0.5	-0.35	-0.2	-0.46	-0.22	0.09	-0.41	0.31	-0.26	-0.46	-0.39	0.07
Non Current Assets Total	0.93	0.01	0.91	0.86	0.53	-0.03	-0.43	0.08	0.57	0.75	-0.11		-0.27	0.03	0.14	-0.43	-0.07	0.48	-0.01	0.01	0.86	0.8	0.1	0.73	0.39	0.35
Cash And Short Term Investments	-0.01	-0.33	-0.4	-0.55	-0.72	0.72	0.31	-0.78	-0.67	-0.6	0.94	-0.27		-0.28	0.44	-0.02	-0.27	-0.64	-0.31	0.07	-0.53	0.17	-0.37	-0.63	-0.54	0.11
Good Will	-0.09	0.96	-0.09	0.04	0.11	-0.44	-0.37	0.75	0.3	0.03	-0.2	0.03	-0.28		-0.5	-0.14	0.83	0.7	-0.15	-0.24	0.03	-0.16	0.99	0.03	0.85	-0.91
Common Stock Shares Outstanding	0.32	-0.59	0.27	0.14	-0.02	0.61	-0.3	-0.68	-0.32	0.12	0.5	0.14	0.44	-0.5		-0.29	-0.72	-0.24	0.03	0.45	-0.09	0.42	-0.44	0.08	-0.39	0.44
Short Term Investments	-0.47	-0.13	-0.35	-0.38	-0.12	-0.4	0.63	0.14	-0.06	-0.35	-0.35	-0.43	-0.02	-0.14	-0.29		-0.11	-0.39	-0.19	-0.13	-0.24	-0.46	-0.23	-0.35	-0.32	0.08
Non Current Liabilities Total	-0.27	0.84	-0.29	-0.15	-0.1	-0.35	0.06	0.67	0.17	-0.18	-0.2	-0.07	-0.27	0.83	-0.72	-0.11		0.41	-0.18	-0.39	-0.04	-0.38	0.78	-0.17	0.62	-0.78
Inventory	0.39	0.65	0.52	0.68	0.59	-0.59	-0.77	0.72	0.77	0.71	-0.46	0.48	-0.64	0.7	-0.24	-0.39	0.41		0.31	-0.18	0.55	0.28	0.78	0.72	0.94	-0.45
Other Current Assets	0.13	-0.12	0.24	0.36	0.31	-0.32	-0.3	0.07	0.39	0.51	-0.22	-0.01	-0.31	-0.15	0.03	-0.19	-0.18	0.31		-0.06	0.2	0.22	-0.08	0.49	0.2	0.15
Other Stockholder Equity	0.04	-0.23	0.13	-0.07	0.46	0.5	-0.2	-0.28	-0.52	-0.11	0.09	0.01	0.07	-0.24	0.45	-0.13	-0.39	-0.18	-0.06		-0.17	0.06	-0.16	-0.12	-0.18	0.12
Total Liab	0.76	0.11	0.88	0.9	0.59	-0.38	-0.37	0.35	0.75	0.83	-0.41	0.86	-0.53	0.03	-0.09	-0.24	-0.04	0.55	0.2	-0.17		0.61	0.1	0.82	0.43	0.35
Total Current Assets	0.96	-0.22	0.78	0.7	0.29	0.19	-0.47	-0.31	0.38	0.63	0.31	0.8	0.17	-0.16	0.42	-0.46	-0.38	0.28	0.22	0.06	0.61		-0.12	0.61	0.19	0.44
Intangible Assets	-0.03	0.94	0.02	0.14	0.24	-0.44	-0.49	0.77	0.35	0.14	-0.26	0.1	-0.37	0.99	-0.44	-0.23	0.78	0.78	-0.08	-0.16	0.1	-0.12		0.14	0.9	-0.88
Common Stock	0.69	0.0	0.86	0.96	0.7	-0.45	-0.64	0.31	0.85	0.99	-0.46	0.73	-0.63	0.03	0.08	-0.35	-0.17	0.72	0.49	-0.12	0.82	0.61	0.14		0.51	0.29
Net Receivables	0.29	0.82	0.37	0.51	0.5	-0.56	-0.63	0.78	0.65	0.51	-0.39	0.39	-0.54	0.85	-0.39	-0.32	0.62	0.94	0.2	-0.18	0.43	0.19	0.9	0.51		-0.63
Non Currrent Assets Other	0.43	-0.88	0.43	0.32	0.09	0.27	0.24	-0.6	0.03	0.29	0.07	0.35	0.11	-0.91	0.44	0.08	-0.78	-0.45	0.15	0.12	0.35	0.44	-0.88	0.29	-0.63

Click cells to compare fundamentals

Adicet Bio Account Relationship Matchups

Adicet Bio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	81.6M	153.8M	338.9M	330.7M	207.3M	215.3M
Short Long Term Debt Total	114.1M	21.6M	20.9M	21.0M	20.9M	19.9M
Other Current Liab	2.8M	(2.8M)	6.7M	12.8M	13.4M	18.3M
Total Current Liabilities	14.9M	14.0M	16.3M	19.7M	19.3M	18.3M
Total Stockholder Equity	(60.4M)	(106.3M)	(168.3M)	(238.1M)	170.2M	178.7M
Property Plant And Equipment Net	2.1M	25.9M	35.0M	49.0M	44.2M	46.4M
Net Debt	103.5M	(62.7M)	(256.6M)	(236.6M)	(138.8M)	(131.8M)
Retained Earnings	(69.6M)	(106.3M)	(168.3M)	(238.1M)	(380.8M)	(361.7M)
Accounts Payable	1.1M	1.6M	3.3M	4.4M	2.6M	2.5M
Cash	10.6M	84.3M	277.5M	257.7M	159.7M	83.6M
Non Current Assets Total	17.4M	59.2M	56.5M	69.7M	45.0M	58.4M
Cash And Short Term Investments	62.4M	94.6M	277.5M	257.7M	159.7M	95.6M
Common Stock Shares Outstanding	2.1M	7.3M	31.0M	41.1M	43.0M	24.8M
Liabilities And Stockholders Equity	81.6M	153.8M	(132.5M)	(199.8M)	207.3M	165.2M
Non Current Liabilities Total	127.1M	246.2M	19.5M	18.6M	17.8M	16.9M
Other Current Assets	179K	363K	2K	380K	2.6M	2.4M
Other Stockholder Equity	137.6M	(106.7M)	(153.9M)	(4K)	550.9M	578.5M
Total Liab	142.0M	44.0M	35.8M	38.4M	37.1M	35.3M
Total Current Assets	64.2M	94.6M	282.4M	261.0M	162.3M	156.9M
Accumulated Other Comprehensive Income	(5.1M)	(41K)	23K	24K	(338.9M)	0.0
Common Stock	1K	3K	4K	2K	3.6K	3.4K
Non Currrent Assets Other	4.7M	12.1M	2.0M	1.2M	822.0K	863.1K

Pair Trading with Adicet Bio

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 Adicet Bio 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 Adicet Bio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adicet Stock

0.76	CVS	CVS Health Corp	Pair Corr
0.69	NPCE	Neuropace Downward Rally	Pair Corr

Moving against Adicet Stock

0.65	SGHT	Sight Sciences	Pair Corr
0.65	CGC	Canopy Growth Corp Upward Rally	Pair Corr
0.63	ACB	Aurora Cannabis Buyout Trend	Pair Corr
0.6	TMDX	TransMedics Group	Pair Corr
0.57	CRON	Cronos Group Buyout Trend	Pair Corr

The ability to find closely correlated positions to Adicet Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adicet Bio 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 Adicet Bio - 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 Adicet Bio to buy it.

The correlation of Adicet Bio 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 Adicet Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adicet Bio 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 Adicet Bio 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 Correlation Correlation Matching

When determining whether Adicet Bio is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Adicet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Adicet Bio Stock. Highlighted below are key reports to facilitate an investment decision about Adicet Bio Stock:

How To Invest In Adicet

Details

Is Adicet Stock a good investment?

Details

What is Adicet Bio's Net Worth?

Details

Largest Health Care Providers & Services Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.

Note that the Adicet Bio information on this page should be used as a complementary analysis to other Adicet Bio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Adicet Stock analysis

When running Adicet Bio's price analysis, check to measure Adicet Bio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adicet Bio is operating at the current time. Most of Adicet Bio's value examination focuses on studying past and present price action to predict the probability of Adicet Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adicet Bio's price. Additionally, you may evaluate how the addition of Adicet Bio to your portfolios can decrease your overall portfolio volatility.

	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.

Is Adicet Bio's industry 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 Adicet Bio. If investors know Adicet 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 Adicet Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.31)

Quarterly Revenue Growth

(1.00)

Return On Assets

(0.27)

Return On Equity

(0.53)

The market value of Adicet Bio is measured differently than its book value, which is the value of Adicet that is recorded on the company's balance sheet. Investors also form their own opinion of Adicet Bio's value that differs from its market value or its book value, called intrinsic value, which is Adicet Bio's 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 Adicet Bio's market value can be influenced by many factors that don't directly affect Adicet Bio's 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 Adicet Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adicet Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adicet Bio's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Adicet Non Current Liabilities Total vs Accounts Payable Analysis

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Accounts Payable

Adicet Bio fundamental ratios Correlations

Adicet Bio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adicet Bio fundamental ratios Accounts

Pair Trading with Adicet Bio

Moving together with Adicet Stock

Moving against Adicet Stock

Complementary Tools for Adicet Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.99	Accounts Payable
Intangible Assets	+ 0.99	Good Will
Accounts Payable	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.96	Total Assets
Good Will	+ 0.96	Short Long Term Debt Total
Common Stock	+ 0.96	Total Current Liabilities

Non Currrent Assets Other	- 0.91	Good Will
Non Currrent Assets Other	- 0.88	Intangible Assets
Non Currrent Assets Other	- 0.88	Short Long Term Debt Total
Net Debt	- 0.82	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.78	Non Current Liabilities Total
Cash And Short Term Investments	- 0.78	Net Debt