ACADIA Accounts Payable vs Current Deferred Revenue Analysis

ACAD Stock  USD 16.95  0.24  1.44%   
ACADIA Pharmaceuticals financial indicator trend analysis is way more than just evaluating ACADIA Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACADIA Pharmaceuticals is a good investment. Please check the relationship between ACADIA Pharmaceuticals Accounts Payable and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACADIA Pharmaceuticals. 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 information on how to trade ACADIA Stock refer to our How to Trade ACADIA Stock guide.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACADIA Pharmaceuticals Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ACADIA Pharmaceuticals' Accounts Payable and Current Deferred Revenue is 0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of ACADIA Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of ACADIA Pharmaceuticals' Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of ACADIA Pharmaceuticals are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., ACADIA Pharmaceuticals' Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from ACADIA Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals. 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 information on how to trade ACADIA Stock refer to our How to Trade ACADIA Stock guide.At present, ACADIA Pharmaceuticals' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.8 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.51.
 2021 2022 2023 2024 (projected)
Gross Profit465.0M507.1M680.7M714.7M
Total Revenue484.1M517.2M726.4M762.8M

ACADIA Pharmaceuticals fundamental ratios Correlations

0.690.86-0.770.290.930.660.960.730.760.760.740.39-0.910.750.880.740.850.870.930.80.870.740.990.690.93
0.690.35-0.30.390.720.980.820.90.830.840.980.05-0.860.830.580.940.510.360.740.260.840.990.60.950.74
0.860.35-0.810.240.780.310.750.30.340.340.440.51-0.680.360.790.330.91.00.740.960.530.410.910.330.74
-0.77-0.3-0.81-0.45-0.65-0.3-0.64-0.36-0.41-0.4-0.39-0.470.57-0.37-0.95-0.36-0.73-0.82-0.65-0.64-0.55-0.38-0.81-0.24-0.65
0.290.390.24-0.450.10.410.250.310.190.20.47-0.13-0.270.180.520.290.410.250.080.040.310.440.270.210.08
0.930.720.78-0.650.10.670.960.70.740.750.750.44-0.930.760.780.740.760.790.990.740.830.750.920.730.99
0.660.980.31-0.30.410.670.790.90.820.830.98-0.04-0.840.810.580.930.490.320.690.20.830.980.570.910.69
0.960.820.75-0.640.250.960.790.820.820.830.840.3-0.990.840.810.840.830.760.960.690.920.850.920.80.96
0.730.90.3-0.360.310.70.90.820.980.980.870.02-0.850.940.610.990.470.330.750.220.940.910.630.90.75
0.760.830.34-0.410.190.740.820.820.981.00.790.1-0.850.950.630.960.460.360.810.270.950.840.670.860.81
0.760.840.34-0.40.20.750.830.830.981.00.810.09-0.850.960.630.970.470.360.810.280.950.860.670.870.81
0.740.980.44-0.390.470.750.980.840.870.790.810.06-0.880.80.650.920.60.450.750.330.841.00.660.90.75
0.390.050.51-0.47-0.130.44-0.040.30.020.10.090.06-0.240.110.410.050.250.520.40.510.10.050.440.110.4
-0.91-0.86-0.680.57-0.27-0.93-0.84-0.99-0.85-0.85-0.85-0.88-0.24-0.87-0.76-0.87-0.8-0.69-0.93-0.62-0.93-0.89-0.87-0.84-0.93
0.750.830.36-0.370.180.760.810.840.940.950.960.80.11-0.870.590.930.480.390.80.320.90.840.670.850.8
0.880.580.79-0.950.520.780.580.810.610.630.630.650.41-0.760.590.610.780.80.790.620.750.650.880.50.79
0.740.940.33-0.360.290.740.930.840.990.960.970.920.05-0.870.930.610.480.350.780.250.940.950.650.930.78
0.850.510.9-0.730.410.760.490.830.470.460.470.60.25-0.80.480.780.480.890.730.820.690.570.880.450.73
0.870.361.0-0.820.250.790.320.760.330.360.360.450.52-0.690.390.80.350.890.750.950.550.420.920.350.75
0.930.740.74-0.650.080.990.690.960.750.810.810.750.4-0.930.80.790.780.730.750.70.880.760.910.761.0
0.80.260.96-0.640.040.740.20.690.220.270.280.330.51-0.620.320.620.250.820.950.70.450.30.860.30.7
0.870.840.53-0.550.310.830.830.920.940.950.950.840.1-0.930.90.750.940.690.550.880.450.870.810.830.88
0.740.990.41-0.380.440.750.980.850.910.840.861.00.05-0.890.840.650.950.570.420.760.30.870.660.910.76
0.990.60.91-0.810.270.920.570.920.630.670.670.660.44-0.870.670.880.650.880.920.910.860.810.660.60.91
0.690.950.33-0.240.210.730.910.80.90.860.870.90.11-0.840.850.50.930.450.350.760.30.830.910.60.76
0.930.740.74-0.650.080.990.690.960.750.810.810.750.4-0.930.80.790.780.730.751.00.70.880.760.910.76
Click cells to compare fundamentals

ACADIA Pharmaceuticals Account Relationship Matchups

ACADIA Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets783.2M782.6M700.1M587.8M749.0M786.4M
Total Stockholder Equity699.1M627.0M540.9M400.4M431.8M232.8M
Net Debt(183.3M)(281.6M)(91.3M)(52.8M)(131.5M)(124.9M)
Other Assets5.3M54.7M16.0M11.1M12.7M7.9M
Common Stock Shares Outstanding147.2M157.3M160.5M161.7M163.8M172.0M
Liabilities And Stockholders Equity783.2M782.6M700.1M587.8M749.0M786.4M
Non Current Liabilities Total9.2M49.6M63.2M61.8M62.9M66.1M
Other Stockholder Equity2.4B2.6B2.7B2.8B2.9B3.0B
Total Liab84.0M155.6M159.2M187.4M317.2M333.1M
Other Current Liab64.2M92.4M80.9M103.6M225.7M237.0M
Total Current Liabilities74.8M106.0M96.1M125.6M254.3M267.0M
Property Plant And Equipment Net12.7M56.4M66.3M61.6M56.5M59.3M
Retained Earnings(1.7B)(2.0B)(2.2B)(2.4B)(2.4B)(2.3B)
Accounts Payable7.2M8.5M6.9M12.7M17.5M18.4M
Cash189.7M326.0M147.4M114.8M188.7M198.1M
Non Current Assets Total22.9M65M82.3M79.9M132.8M139.5M
Non Currrent Assets Other7.6M7.4M6.6M5.3M5.1M2.6M
Cash And Short Term Investments697.4M632.0M520.7M416.8M438.9M269.3M
Short Term Investments507.7M305.9M373.3M302.0M250.2M185.1M
Other Current Assets18.6M25.7M23.9M21.4M39.1M41.0M
Property Plant And Equipment Gross12.7M56.4M66.3M61.6M66.0M69.3M
Total Current Assets760.3M717.6M617.8M507.9M616.1M646.9M
Accumulated Other Comprehensive Income297K36K(192K)(975K)24K25.2K
Property Plant Equipment3.2M9.2M66.3M61.6M70.8M74.4M
Other Liab2.9M5.2M7.0M9.1M10.4M11.0M
Net Tangible Assets696.6M625.9M540.9M400.4M460.5M403.1M
Retained Earnings Total Equity(1.5B)(1.7B)(2.0B)(2.2B)(1.9B)(1.8B)
Capital Surpluse1.9B2.4B2.6B2.7B3.1B1.6B
Inventory6.3M9.7M7.9M6.6M35.8M37.6M
Intangible Assets4.1M2.6M1.1M65.5M75.3M79.1M
Net Receivables37.9M50.3M65.3M63.1M102.4M107.5M
Non Current Liabilities Other9.2M49.6M7.0M9.1M15.1M12.7M
Net Invested Capital699.1M627.0M540.9M400.4M431.8M401.6M
Net Working Capital685.4M611.6M521.8M382.3M361.9M383.3M

Pair Trading with ACADIA Pharmaceuticals

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 ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with ACADIA Stock

  0.84DVAX Dynavax Technologies Financial Report 7th of May 2024 PairCorr
  0.62EGRX Eagle PharmaceuticalsPairCorr

Moving against ACADIA Stock

  0.89HCM HUTCHMED DRCPairCorr
  0.72FLGC Flora Growth Corp Financial Report 20th of May 2024 PairCorr
  0.7CGC Canopy Growth Corp Financial Report 27th of June 2024 PairCorr
  0.66ACB Aurora Cannabis Sell-off TrendPairCorr
  0.5BHC Bausch Health Companies Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to ACADIA Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals - 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 ACADIA Pharmaceuticals to buy it.
The correlation of ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals 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 ACADIA Pharmaceuticals is a strong investment it is important to analyze ACADIA Pharmaceuticals' 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 ACADIA Pharmaceuticals' future performance. For an informed investment choice regarding ACADIA Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACADIA Pharmaceuticals. 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 information on how to trade ACADIA Stock refer to our How to Trade ACADIA Stock guide.
Note that the ACADIA Pharmaceuticals information on this page should be used as a complementary analysis to other ACADIA Pharmaceuticals' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for ACADIA Stock analysis

When running ACADIA Pharmaceuticals' price analysis, check to measure ACADIA Pharmaceuticals' 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 ACADIA Pharmaceuticals is operating at the current time. Most of ACADIA Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of ACADIA Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACADIA Pharmaceuticals' price. Additionally, you may evaluate how the addition of ACADIA Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Is ACADIA Pharmaceuticals' 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 ACADIA Pharmaceuticals. If investors know ACADIA 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 ACADIA Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.37)
Revenue Per Share
4.434
Quarterly Revenue Growth
0.693
Return On Assets
(0.07)
Return On Equity
(0.15)
The market value of ACADIA Pharmaceuticals is measured differently than its book value, which is the value of ACADIA that is recorded on the company's balance sheet. Investors also form their own opinion of ACADIA Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is ACADIA Pharmaceuticals' 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 ACADIA Pharmaceuticals' market value can be influenced by many factors that don't directly affect ACADIA Pharmaceuticals' 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 ACADIA Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACADIA Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACADIA Pharmaceuticals' 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.