Aadi Total Assets vs Other Liab Analysis

AADI Stock  USD 1.75  0.07  4.17%   
Aadi Bioscience financial indicator trend analysis is way more than just evaluating Aadi Bioscience prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aadi Bioscience is a good investment. Please check the relationship between Aadi Bioscience Total Assets and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aadi Bioscience. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Aadi Stock please use our How to Invest in Aadi Bioscience guide.

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aadi Bioscience Total Assets account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aadi Bioscience's Total Assets and Other Liab is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Aadi Bioscience, assuming nothing else is changed. The correlation between historical values of Aadi Bioscience's Total Assets and Other 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 Total Assets of Aadi Bioscience are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Aadi Bioscience's Total Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Aadi Bioscience 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 Aadi Bioscience 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.

Other Liab

Most indicators from Aadi Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aadi Bioscience 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 Aadi Bioscience. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Aadi Stock please use our How to Invest in Aadi Bioscience guide.As of now, Aadi Bioscience's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation105K159K171K122.1K
Interest Income13K2.4M6.5M6.8M

Aadi Bioscience fundamental ratios Correlations

0.99-0.77-0.880.81.00.951.00.360.710.930.810.780.290.440.740.950.880.930.880.960.67-0.390.660.83-0.64
0.99-0.79-0.860.811.00.940.990.230.610.910.80.690.160.470.740.940.830.920.850.950.63-0.440.620.8-0.57
-0.77-0.790.65-1.0-0.79-0.72-0.77-0.06-0.4-0.67-0.63-0.48-0.03-0.55-0.48-0.63-0.75-0.61-0.7-0.74-0.330.26-0.33-0.510.48
-0.88-0.860.65-0.69-0.86-0.98-0.88-0.46-0.72-0.85-0.47-0.73-0.42-0.64-0.87-0.94-0.83-0.92-0.85-0.81-0.820.23-0.82-0.740.55
0.80.81-1.0-0.690.810.760.80.160.490.720.630.550.120.540.520.670.80.650.750.770.4-0.230.40.55-0.53
1.01.0-0.79-0.860.810.941.00.270.640.90.830.730.20.460.720.930.840.90.840.950.61-0.40.60.79-0.62
0.950.94-0.72-0.980.760.940.950.410.710.910.60.750.350.570.850.980.860.960.890.890.79-0.310.790.8-0.58
1.00.99-0.77-0.880.81.00.950.350.70.920.810.780.280.450.740.950.870.920.870.950.66-0.380.650.82-0.64
0.360.23-0.06-0.460.160.270.410.350.910.50.10.841.00.020.340.440.60.420.510.340.630.240.640.46-0.55
0.710.61-0.4-0.720.490.640.710.70.910.770.470.990.870.220.560.730.840.690.740.670.710.040.720.68-0.73
0.930.91-0.67-0.850.720.90.910.920.50.770.690.810.440.20.710.950.950.940.980.980.83-0.510.830.94-0.56
0.810.8-0.63-0.470.630.830.60.810.10.470.690.60.020.150.320.630.630.590.560.790.19-0.40.180.56-0.66
0.780.69-0.48-0.730.550.730.750.780.840.990.810.60.790.230.560.770.870.730.770.740.68-0.030.680.71-0.78
0.290.16-0.03-0.420.120.20.350.281.00.870.440.020.790.00.310.380.560.370.470.280.610.280.620.41-0.5
0.440.47-0.55-0.640.540.460.570.450.020.220.20.150.230.00.540.410.270.380.220.220.170.30.170.02-0.36
0.740.74-0.48-0.870.520.720.850.740.340.560.710.320.560.310.540.850.670.830.70.670.75-0.30.750.76-0.18
0.950.94-0.63-0.940.670.930.980.950.440.730.950.630.770.380.410.850.870.990.910.930.84-0.420.840.89-0.51
0.880.83-0.75-0.830.80.840.860.870.60.840.950.630.870.560.270.670.870.840.960.910.77-0.350.770.85-0.63
0.930.92-0.61-0.920.650.90.960.920.420.690.940.590.730.370.380.830.990.840.910.910.86-0.440.850.89-0.48
0.880.85-0.7-0.850.750.840.890.870.510.740.980.560.770.470.220.70.910.960.910.940.87-0.50.870.92-0.49
0.960.95-0.74-0.810.770.950.890.950.340.670.980.790.740.280.220.670.930.910.910.940.72-0.580.710.9-0.56
0.670.63-0.33-0.820.40.610.790.660.630.710.830.190.680.610.170.750.840.770.860.870.72-0.361.00.85-0.29
-0.39-0.440.260.23-0.23-0.4-0.31-0.380.240.04-0.51-0.4-0.030.280.3-0.3-0.42-0.35-0.44-0.5-0.58-0.36-0.35-0.63-0.21
0.660.62-0.33-0.820.40.60.790.650.640.720.830.180.680.620.170.750.840.770.850.870.711.0-0.350.84-0.29
0.830.8-0.51-0.740.550.790.80.820.460.680.940.560.710.410.020.760.890.850.890.920.90.85-0.630.84-0.28
-0.64-0.570.480.55-0.53-0.62-0.58-0.64-0.55-0.73-0.56-0.66-0.78-0.5-0.36-0.18-0.51-0.63-0.48-0.49-0.56-0.29-0.21-0.29-0.28
Click cells to compare fundamentals

Aadi Bioscience Account Relationship Matchups

Aadi Bioscience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.9M18.8M157.9M184.2M132.4M139.0M
Total Stockholder Equity36.5M(12.4M)136.4M158.4M105.2M110.5M
Net Debt(38.4M)5.8M(148.4M)(37.4M)(55.9M)(53.1M)
Retained Earnings(142.2M)(32.6M)(142.7M)(203.2M)(269.0M)(255.5M)
Cash38.5M4.5M149.0M39.0M62.9M66.0M
Cash And Short Term Investments38.5M4.5M149.0M172.6M108.8M114.3M
Liabilities And Stockholders Equity39.9M18.8M157.9M184.2M132.4M139.0M
Other Stockholder Equity179.1M20.2M279.1M361.7M374.1M392.8M
Total Current Assets39.6M18.7M151.3M180.0M124.6M130.8M
Total Current Liabilities3.3M30.1M15.3M18.8M26.4M27.7M
Total Liab3.4M31.3M21.5M25.9M27.2M28.6M
Common Stock Shares Outstanding2.7M169.5K8.9M22.5M26.9M28.3M
Other Current Liab2.8M99K8.7M14.9M14.3M15.0M
Accounts Payable439.8K2.4M6.4M3.5M5.9M6.2M
Other Current Assets1.0M81K2.3M3.7M3.8M4.0M
Non Current Assets Total366.3K140K6.6M4.2M7.8M8.2M
Non Currrent Assets Other40.0K(140K)2.2M2.1M1.8M1.9M
Property Plant And Equipment Net326.3K140K614K2.0M6.0M6.3M
Property Plant And Equipment Gross326.3K185.6K614K2.0M6.2M6.6M
Net Tangible Assets(9.1M)43.1M132.6M158.4M182.1M191.2M
Property Plant Equipment316.0K121.7K57K2.0M2.3M2.5M

Pair Trading with Aadi Bioscience

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 Aadi Bioscience 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 Aadi Bioscience will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aadi Stock

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The ability to find closely correlated positions to Aadi Bioscience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aadi Bioscience 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 Aadi Bioscience - 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 Aadi Bioscience to buy it.
The correlation of Aadi Bioscience 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 Aadi Bioscience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aadi Bioscience 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 Aadi Bioscience 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 CorrelationCorrelation Matching
When determining whether Aadi Bioscience offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aadi Bioscience'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 Aadi Bioscience Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aadi Bioscience Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aadi Bioscience. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Aadi Stock please use our How to Invest in Aadi Bioscience guide.
Note that the Aadi Bioscience information on this page should be used as a complementary analysis to other Aadi Bioscience'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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Aadi Bioscience's price analysis, check to measure Aadi Bioscience'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 Aadi Bioscience is operating at the current time. Most of Aadi Bioscience's value examination focuses on studying past and present price action to predict the probability of Aadi Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aadi Bioscience's price. Additionally, you may evaluate how the addition of Aadi Bioscience to your portfolios can decrease your overall portfolio volatility.
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Is Aadi Bioscience'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 Aadi Bioscience. If investors know Aadi 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 Aadi Bioscience listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.44)
Revenue Per Share
0.905
Quarterly Revenue Growth
0.21
Return On Assets
(0.28)
Return On Equity
(0.50)
The market value of Aadi Bioscience is measured differently than its book value, which is the value of Aadi that is recorded on the company's balance sheet. Investors also form their own opinion of Aadi Bioscience's value that differs from its market value or its book value, called intrinsic value, which is Aadi Bioscience'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 Aadi Bioscience's market value can be influenced by many factors that don't directly affect Aadi Bioscience'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 Aadi Bioscience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aadi Bioscience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aadi Bioscience'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.