Adicet Net Debt vs Total Liab Analysis

ACET Stock  USD 1.73  0.00  0.00%   
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 Net Debt and its Total Liab 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.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adicet Bio Net Debt account and Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Adicet Bio's Net Debt and Total Liab is 0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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 Net Debt and Total 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 Net Debt of Adicet Bio are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Adicet Bio's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 Expenses126.5M132.8M
Cost Of Revenue6.1M5.8M

Adicet Bio fundamental ratios Correlations

-0.130.880.810.410.1-0.47-0.160.490.720.140.93-0.01-0.090.32-0.47-0.270.390.130.040.760.96-0.030.690.290.43
-0.13-0.090.020.12-0.46-0.310.80.270.0-0.260.01-0.330.96-0.59-0.130.840.65-0.12-0.230.11-0.220.940.00.82-0.88
0.88-0.090.950.69-0.14-0.560.110.620.88-0.260.91-0.4-0.090.27-0.35-0.290.520.240.130.880.780.020.860.370.43
0.810.020.950.69-0.34-0.60.270.790.97-0.390.86-0.550.040.14-0.38-0.150.680.36-0.070.90.70.140.960.510.32
0.410.120.690.69-0.38-0.510.440.50.69-0.640.53-0.720.11-0.02-0.12-0.10.590.310.460.590.290.240.70.50.09
0.1-0.46-0.14-0.34-0.380.11-0.82-0.78-0.430.79-0.030.72-0.440.61-0.4-0.35-0.59-0.320.5-0.380.19-0.44-0.45-0.560.27
-0.47-0.31-0.56-0.6-0.510.11-0.24-0.41-0.640.08-0.430.31-0.37-0.30.630.06-0.77-0.3-0.2-0.37-0.47-0.49-0.64-0.630.24
-0.160.80.110.270.44-0.82-0.240.590.3-0.770.08-0.780.75-0.680.140.670.720.07-0.280.35-0.310.770.310.78-0.6
0.490.270.620.790.5-0.78-0.410.590.84-0.590.57-0.670.3-0.32-0.060.170.770.39-0.520.750.380.350.850.650.03
0.720.00.880.970.69-0.43-0.640.30.84-0.440.75-0.60.030.12-0.35-0.180.710.51-0.110.830.630.140.990.510.29
0.14-0.26-0.26-0.39-0.640.790.08-0.77-0.59-0.44-0.110.94-0.20.5-0.35-0.2-0.46-0.220.09-0.410.31-0.26-0.46-0.390.07
0.930.010.910.860.53-0.03-0.430.080.570.75-0.11-0.270.030.14-0.43-0.070.48-0.010.010.860.80.10.730.390.35
-0.01-0.33-0.4-0.55-0.720.720.31-0.78-0.67-0.60.94-0.27-0.280.44-0.02-0.27-0.64-0.310.07-0.530.17-0.37-0.63-0.540.11
-0.090.96-0.090.040.11-0.44-0.370.750.30.03-0.20.03-0.28-0.5-0.140.830.7-0.15-0.240.03-0.160.990.030.85-0.91
0.32-0.590.270.14-0.020.61-0.3-0.68-0.320.120.50.140.44-0.5-0.29-0.72-0.240.030.45-0.090.42-0.440.08-0.390.44
-0.47-0.13-0.35-0.38-0.12-0.40.630.14-0.06-0.35-0.35-0.43-0.02-0.14-0.29-0.11-0.39-0.19-0.13-0.24-0.46-0.23-0.35-0.320.08
-0.270.84-0.29-0.15-0.1-0.350.060.670.17-0.18-0.2-0.07-0.270.83-0.72-0.110.41-0.18-0.39-0.04-0.380.78-0.170.62-0.78
0.390.650.520.680.59-0.59-0.770.720.770.71-0.460.48-0.640.7-0.24-0.390.410.31-0.180.550.280.780.720.94-0.45
0.13-0.120.240.360.31-0.32-0.30.070.390.51-0.22-0.01-0.31-0.150.03-0.19-0.180.31-0.060.20.22-0.080.490.20.15
0.04-0.230.13-0.070.460.5-0.2-0.28-0.52-0.110.090.010.07-0.240.45-0.13-0.39-0.18-0.06-0.170.06-0.16-0.12-0.180.12
0.760.110.880.90.59-0.38-0.370.350.750.83-0.410.86-0.530.03-0.09-0.24-0.040.550.2-0.170.610.10.820.430.35
0.96-0.220.780.70.290.19-0.47-0.310.380.630.310.80.17-0.160.42-0.46-0.380.280.220.060.61-0.120.610.190.44
-0.030.940.020.140.24-0.44-0.490.770.350.14-0.260.1-0.370.99-0.44-0.230.780.78-0.08-0.160.1-0.120.140.9-0.88
0.690.00.860.960.7-0.45-0.640.310.850.99-0.460.73-0.630.030.08-0.35-0.170.720.49-0.120.820.610.140.510.29
0.290.820.370.510.5-0.56-0.630.780.650.51-0.390.39-0.540.85-0.39-0.320.620.940.2-0.180.430.190.90.51-0.63
0.43-0.880.430.320.090.270.24-0.60.030.290.070.350.11-0.910.440.08-0.78-0.450.150.120.350.44-0.880.29-0.63
Click cells to compare fundamentals

Adicet Bio Account Relationship Matchups

Adicet Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.6M153.8M338.9M330.7M207.3M215.3M
Short Long Term Debt Total114.1M21.6M20.9M21.0M20.9M19.9M
Other Current Liab2.8M(2.8M)6.7M12.8M13.4M18.3M
Total Current Liabilities14.9M14.0M16.3M19.7M19.3M18.3M
Total Stockholder Equity(60.4M)(106.3M)(168.3M)(238.1M)170.2M178.7M
Property Plant And Equipment Net2.1M25.9M35.0M49.0M44.2M46.4M
Net Debt103.5M(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 Payable1.1M1.6M3.3M4.4M2.6M2.5M
Cash10.6M84.3M277.5M257.7M159.7M83.6M
Non Current Assets Total17.4M59.2M56.5M69.7M45.0M58.4M
Cash And Short Term Investments62.4M94.6M277.5M257.7M159.7M95.6M
Common Stock Shares Outstanding2.1M7.3M31.0M41.1M43.0M24.8M
Liabilities And Stockholders Equity81.6M153.8M(132.5M)(199.8M)207.3M165.2M
Non Current Liabilities Total127.1M246.2M19.5M18.6M17.8M16.9M
Other Current Assets179K363K2K380K2.6M2.4M
Other Stockholder Equity137.6M(106.7M)(153.9M)(4K)550.9M578.5M
Total Liab142.0M44.0M35.8M38.4M37.1M35.3M
Total Current Assets64.2M94.6M282.4M261.0M162.3M156.9M
Accumulated Other Comprehensive Income(5.1M)(41K)23K24K(338.9M)0.0
Common Stock1K3K4K2K3.6K3.4K
Non Currrent Assets Other4.7M12.1M2.0M1.2M822.0K863.1K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Adicet Bio in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Adicet Bio's short interest history, or implied volatility extrapolated from Adicet Bio options trading.

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

  0.91TFX Teleflex Incorporated Earnings Call This WeekPairCorr
  0.63DVAX Dynavax Technologies Financial Report 7th of May 2024 PairCorr

Moving against Adicet Stock

  0.51FLGC Flora Growth Corp Financial Report 20th of May 2024 PairCorr
  0.51BHC Bausch Health Companies Financial Report 2nd of May 2024 PairCorr
  0.43DRRX Durect Earnings Call This WeekPairCorr
  0.41ACB Aurora Cannabis Sell-off TrendPairCorr
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 CorrelationCorrelation 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:
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
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
(0.31)
Return On Equity
(0.62)
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.