Accuray Non Current Liabilities Total vs Other Stockholder Equity Analysis
ARAY Stock | USD 1.53 0.01 0.66% |
Accuray Incorporated financial indicator trend analysis is way more than just evaluating Accuray Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accuray Incorporated is a good investment. Please check the relationship between Accuray Incorporated Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accuray Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.
Non Current Liabilities Total vs Other Stockholder Equity
Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accuray Incorporated Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Accuray Incorporated's Non Current Liabilities Total and Other Stockholder Equity is 0.55. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Accuray Incorporated, assuming nothing else is changed. The correlation between historical values of Accuray Incorporated's Non Current Liabilities Total and Other Stockholder Equity 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 Accuray Incorporated are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Accuray Incorporated's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Other Stockholder Equity
Most indicators from Accuray Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accuray Incorporated 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 Accuray Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.At this time, Accuray Incorporated's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 47.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 160.0M | 154.0M | 177.1M | 118.0M | Total Revenue | 429.9M | 447.6M | 514.7M | 294.1M |
Accuray Incorporated fundamental ratios Correlations
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Accuray Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accuray Incorporated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 490.1M | 480.1M | 472.8M | 479.2M | 551.1M | 388.6M | |
Total Stockholder Equity | 62.8M | 68.8M | 53.2M | 53.7M | 61.7M | 80.5M | |
Net Debt | 114.1M | 83.0M | 125.0M | 115.6M | 133.0M | 139.6M | |
Cash | 107.6M | 116.4M | 88.7M | 89.4M | 102.8M | 84.7M | |
Other Assets | 17.1M | 18.1M | 20.5M | 21.4M | 19.2M | 14.0M | |
Cash And Short Term Investments | 107.6M | 116.4M | 88.7M | 89.4M | 102.8M | 114.3M | |
Common Stock Shares Outstanding | 90.6M | 92.0M | 92.1M | 94.9M | 109.1M | 66.8M | |
Liabilities And Stockholders Equity | 490.1M | 480.1M | 472.8M | 479.2M | 551.1M | 388.6M | |
Other Stockholder Equity | 545.7M | 554.7M | 543.2M | 555.3M | 638.6M | 390.6M | |
Total Liab | 427.3M | 411.3M | 419.7M | 425.6M | 489.4M | 307.2M | |
Total Current Assets | 356.6M | 352.8M | 350.9M | 338.0M | 388.7M | 281.7M | |
Short Long Term Debt Total | 221.7M | 199.4M | 213.7M | 205.0M | 235.8M | 172.5M | |
Other Current Liab | 45.1M | 54.3M | 59.7M | 62.1M | 71.4M | 44.4M | |
Total Current Liabilities | 182.3M | 192.4M | 208.9M | 198.6M | 228.4M | 178.0M | |
Other Liab | 31.5M | 31.5M | 14.2M | 31.8M | 28.6M | 27.4M | |
Property Plant And Equipment Net | 44.0M | 34.9M | 29.5M | 46.8M | 53.8M | 31.0M | |
Current Deferred Revenue | 105.8M | 106.6M | 100.7M | 93.0M | 106.9M | 96.9M | |
Retained Earnings | (482.4M) | (488.0M) | (492.5M) | (502.1M) | (451.9M) | (474.5M) | |
Accounts Payable | 23.1M | 19.5M | 31.3M | 33.7M | 38.8M | 20.5M | |
Non Current Assets Total | 133.4M | 127.3M | 122.0M | 141.2M | 162.4M | 116.1M | |
Non Currrent Assets Other | 17.1M | 18.1M | 20.5M | 21.4M | 19.2M | 15.4M | |
Net Receivables | 89.6M | 85.4M | 94.4M | 74.8M | 86.0M | 65.0M | |
Good Will | 57.7M | 58.0M | 57.8M | 57.7M | 66.3M | 45.1M | |
Common Stock Total Equity | 86K | 89K | 91K | 94K | 84.6K | 80.4K | |
Non Current Liabilities Total | 245.0M | 218.9M | 210.8M | 226.9M | 261.0M | 155.6M | |
Inventory | 134.5M | 125.9M | 142.3M | 145.2M | 166.9M | 90.7M | |
Other Current Assets | 24.9M | 25.1M | 25.5M | 27.6M | 31.8M | 28.1M | |
Property Plant And Equipment Gross | 44.0M | 34.9M | 29.5M | 46.8M | 53.8M | 31.0M | |
Accumulated Other Comprehensive Income | (662K) | 2.1M | 2.4M | 422K | 485.3K | 509.6K | |
Intangible Assets | 663K | 435K | 250K | 210K | 189K | 179.6K | |
Property Plant Equipment | 44.0M | 34.9M | 29.5M | 39.3M | 45.2M | 30.6M | |
Net Tangible Assets | 5.3M | 10.4M | (4.9M) | (11.7M) | (10.6M) | (10.0M) | |
Long Term Debt | 189.3M | 170.0M | 171.9M | 171.6M | 197.3M | 173.5M | |
Retained Earnings Total Equity | (485.5M) | (481.7M) | (488.0M) | (492.5M) | (443.3M) | (465.4M) | |
Long Term Debt Total | 159.8M | 189.3M | 170.0M | 171.9M | 197.7M | 172.1M | |
Capital Surpluse | 535.3M | 545.7M | 554.7M | 543.2M | 624.7M | 543.6M | |
Deferred Long Term Liab | 1.1M | 900K | 9.8M | 9.2M | 8.3M | 8.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Accuray Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accuray Incorporated's 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 Accuray Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accuray Incorporated Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accuray Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.Note that the Accuray Incorporated information on this page should be used as a complementary analysis to other Accuray Incorporated'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Accuray Incorporated'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 Accuray Incorporated. If investors know Accuray 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 Accuray Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (0.22) | Revenue Per Share 4.422 | Quarterly Revenue Growth 0.168 | Return On Assets (0.01) |
The market value of Accuray Incorporated is measured differently than its book value, which is the value of Accuray that is recorded on the company's balance sheet. Investors also form their own opinion of Accuray Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Accuray Incorporated'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 Accuray Incorporated's market value can be influenced by many factors that don't directly affect Accuray Incorporated'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 Accuray Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accuray Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accuray Incorporated'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.