Accuray Short Long Term Debt Total vs Other Current Liab Analysis

ARAY Stock  USD 1.74  0.04  2.35%   
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 Short Long Term Debt Total and its Other Current Liab 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.

Short Long Term Debt Total vs Other Current Liab

Short Long Term Debt Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accuray Incorporated Short Long Term Debt Total account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Accuray Incorporated's Short Long Term Debt Total and Other Current Liab is 0.6. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Liab 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 Short Long Term Debt Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Accuray Incorporated are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt Total i.e., Accuray Incorporated's Short Long Term Debt Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

Other Current Liab

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 Profit160.0M154.0M177.1M118.0M
Total Revenue429.9M447.6M514.7M294.1M

Accuray Incorporated fundamental ratios Correlations

0.580.460.810.230.710.90.910.930.990.840.80.76-0.870.690.94-0.650.570.82-0.70.780.97-0.940.330.570.81
0.58-0.250.73-0.410.720.270.290.240.50.120.360.25-0.710.420.550.080.030.72-0.720.260.55-0.570.25-0.060.1
0.46-0.25-0.010.450.260.510.510.670.510.840.290.43-0.350.350.46-0.690.410.22-0.110.420.39-0.440.430.670.56
0.810.73-0.010.070.650.680.690.630.780.50.640.58-0.70.590.77-0.410.360.75-0.680.560.77-0.770.00.260.6
0.23-0.410.450.07-0.360.520.470.460.250.440.510.410.050.270.05-0.630.770.130.420.490.2-0.17-0.370.40.65
0.710.720.260.65-0.360.390.420.530.70.550.260.4-0.790.40.79-0.15-0.090.61-0.790.240.66-0.680.730.30.22
0.90.270.510.680.520.391.00.950.910.830.890.82-0.690.620.82-0.840.770.66-0.50.850.92-0.870.040.580.96
0.910.290.510.690.470.421.00.950.930.830.880.83-0.720.580.86-0.850.720.63-0.560.870.94-0.90.060.550.94
0.930.240.670.630.460.530.950.950.950.950.790.78-0.720.630.87-0.810.670.65-0.50.810.9-0.860.280.710.92
0.990.50.510.780.250.70.910.930.950.870.80.79-0.860.60.96-0.710.550.73-0.70.810.97-0.950.340.570.82
0.840.120.840.50.440.550.830.830.950.870.60.68-0.650.610.8-0.780.550.58-0.420.670.77-0.760.410.770.83
0.80.360.290.640.510.260.890.880.790.80.60.75-0.630.530.68-0.690.830.64-0.40.850.82-0.77-0.120.390.84
0.760.250.430.580.410.40.820.830.780.790.680.75-0.690.370.78-0.730.540.45-0.520.690.81-0.810.060.140.75
-0.87-0.71-0.35-0.70.05-0.79-0.69-0.72-0.72-0.86-0.65-0.63-0.69-0.45-0.90.48-0.32-0.70.83-0.61-0.880.91-0.44-0.25-0.54
0.690.420.350.590.270.40.620.580.630.60.610.530.37-0.450.48-0.320.570.91-0.250.350.57-0.490.10.60.63
0.940.550.460.770.050.790.820.860.870.960.80.680.78-0.90.48-0.660.350.64-0.850.720.95-0.960.40.420.7
-0.650.08-0.69-0.41-0.63-0.15-0.84-0.85-0.81-0.71-0.78-0.69-0.730.48-0.32-0.66-0.66-0.270.34-0.78-0.680.740.08-0.5-0.86
0.570.030.410.360.77-0.090.770.720.670.550.550.830.54-0.320.570.35-0.660.540.010.710.55-0.49-0.30.510.84
0.820.720.220.750.130.610.660.630.650.730.580.640.45-0.70.910.64-0.270.54-0.480.470.72-0.660.220.470.59
-0.7-0.72-0.11-0.680.42-0.79-0.5-0.56-0.5-0.7-0.42-0.4-0.520.83-0.25-0.850.340.01-0.48-0.42-0.760.81-0.38-0.07-0.31
0.780.260.420.560.490.240.850.870.810.810.670.850.69-0.610.350.72-0.780.710.47-0.420.78-0.78-0.040.480.82
0.970.550.390.770.20.660.920.940.90.970.770.820.81-0.880.570.95-0.680.550.72-0.760.78-0.960.270.450.8
-0.94-0.57-0.44-0.77-0.17-0.68-0.87-0.9-0.86-0.95-0.76-0.77-0.810.91-0.49-0.960.74-0.49-0.660.81-0.78-0.96-0.26-0.38-0.75
0.330.250.430.0-0.370.730.040.060.280.340.41-0.120.06-0.440.10.40.08-0.30.22-0.38-0.040.27-0.260.34-0.09
0.57-0.060.670.260.40.30.580.550.710.570.770.390.14-0.250.60.42-0.50.510.47-0.070.480.45-0.380.340.64
0.810.10.560.60.650.220.960.940.920.820.830.840.75-0.540.630.7-0.860.840.59-0.310.820.8-0.75-0.090.64
Click cells to compare fundamentals

Accuray Incorporated Account Relationship Matchups

Accuray Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets490.1M480.1M472.8M479.2M551.1M388.6M
Total Stockholder Equity62.8M68.8M53.2M53.7M61.7M80.5M
Net Debt114.1M83.0M125.0M115.6M133.0M139.6M
Cash107.6M116.4M88.7M89.4M102.8M84.7M
Other Assets17.1M18.1M20.5M21.4M19.2M14.0M
Cash And Short Term Investments107.6M116.4M88.7M89.4M102.8M114.3M
Common Stock Shares Outstanding90.6M92.0M92.1M94.9M109.1M66.8M
Liabilities And Stockholders Equity490.1M480.1M472.8M479.2M551.1M388.6M
Other Stockholder Equity545.7M554.7M543.2M555.3M638.6M390.6M
Total Liab427.3M411.3M419.7M425.6M489.4M307.2M
Total Current Assets356.6M352.8M350.9M338.0M388.7M281.7M
Short Long Term Debt Total221.7M199.4M213.7M205.0M235.8M172.5M
Other Current Liab45.1M54.3M59.7M62.1M71.4M44.4M
Total Current Liabilities182.3M192.4M208.9M198.6M228.4M178.0M
Other Liab31.5M31.5M14.2M31.8M28.6M27.4M
Property Plant And Equipment Net44.0M34.9M29.5M46.8M53.8M31.0M
Current Deferred Revenue105.8M106.6M100.7M93.0M106.9M96.9M
Retained Earnings(482.4M)(488.0M)(492.5M)(502.1M)(451.9M)(474.5M)
Accounts Payable23.1M19.5M31.3M33.7M38.8M20.5M
Non Current Assets Total133.4M127.3M122.0M141.2M162.4M116.1M
Non Currrent Assets Other17.1M18.1M20.5M21.4M19.2M15.4M
Net Receivables89.6M85.4M94.4M74.8M86.0M65.0M
Good Will57.7M58.0M57.8M57.7M66.3M45.1M
Common Stock Total Equity86K89K91K94K84.6K80.4K
Non Current Liabilities Total245.0M218.9M210.8M226.9M261.0M155.6M
Inventory134.5M125.9M142.3M145.2M166.9M90.7M
Other Current Assets24.9M25.1M25.5M27.6M31.8M28.1M
Property Plant And Equipment Gross44.0M34.9M29.5M46.8M53.8M31.0M
Accumulated Other Comprehensive Income(662K)2.1M2.4M422K485.3K509.6K
Intangible Assets663K435K250K210K189K179.6K
Property Plant Equipment44.0M34.9M29.5M39.3M45.2M30.6M
Net Tangible Assets5.3M10.4M(4.9M)(11.7M)(10.6M)(10.0M)
Long Term Debt189.3M170.0M171.9M171.6M197.3M173.5M
Retained Earnings Total Equity(485.5M)(481.7M)(488.0M)(492.5M)(443.3M)(465.4M)
Long Term Debt Total159.8M189.3M170.0M171.9M197.7M172.1M
Capital Surpluse535.3M545.7M554.7M543.2M624.7M543.6M
Deferred Long Term Liab1.1M900K9.8M9.2M8.3M8.2M

Also Currently Popular

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.

Additional Tools for Accuray Stock Analysis

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.