Aclaris Capital Surpluse vs Current Deferred Revenue Analysis

ACRS Stock  USD 1.20  0.01  0.84%   
Aclaris Therapeutics financial indicator trend analysis is way more than just evaluating Aclaris Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aclaris Therapeutics is a good investment. Please check the relationship between Aclaris Therapeutics Capital Surpluse and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aclaris Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.

Capital Surpluse vs Current Deferred Revenue

Capital Surpluse vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aclaris Therapeutics Capital Surpluse account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aclaris Therapeutics' Capital Surpluse and Current Deferred Revenue is 0.77. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Aclaris Therapeutics, assuming nothing else is changed. The correlation between historical values of Aclaris Therapeutics' Capital Surpluse 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 Capital Surpluse of Aclaris Therapeutics 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 Capital Surpluse i.e., Aclaris Therapeutics' Capital Surpluse and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

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 Aclaris Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aclaris Therapeutics 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 Aclaris Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.Discontinued Operations is likely to gain to about 167.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 21.3 M in 2024.

Aclaris Therapeutics fundamental ratios Correlations

0.780.790.990.580.68-0.48-0.620.860.540.740.960.70.94-0.040.840.790.510.780.970.280.97-0.10.440.590.49
0.780.680.730.330.76-0.29-0.490.830.390.620.70.540.660.210.60.610.610.620.740.370.660.010.10.660.06
0.790.680.720.670.79-0.24-0.860.940.310.80.660.910.610.030.80.930.690.890.690.570.770.270.380.930.46
0.990.730.720.520.64-0.53-0.560.790.580.680.970.640.95-0.170.780.740.360.710.980.260.98-0.190.390.510.5
0.580.330.670.520.22-0.11-0.90.530.120.610.550.820.540.040.810.80.550.90.550.080.620.240.290.510.79
0.680.760.790.640.22-0.37-0.490.890.50.790.510.50.480.020.440.580.550.610.560.660.590.250.230.810.11
-0.48-0.29-0.24-0.53-0.11-0.370.13-0.34-0.99-0.23-0.51-0.21-0.580.32-0.28-0.260.07-0.21-0.52-0.26-0.48-0.060.07-0.05-0.14
-0.62-0.49-0.86-0.56-0.9-0.490.13-0.73-0.17-0.65-0.56-0.94-0.520.01-0.81-0.93-0.62-0.92-0.57-0.42-0.63-0.31-0.29-0.8-0.64
0.860.830.940.790.530.89-0.34-0.730.430.810.740.780.70.120.770.840.720.830.770.610.770.250.410.90.3
0.540.390.310.580.120.5-0.99-0.170.430.340.540.240.6-0.280.30.30.010.270.550.290.520.09-0.050.140.13
0.740.620.80.680.610.79-0.23-0.650.810.340.560.60.530.070.610.650.640.850.590.280.70.260.350.690.55
0.960.70.660.970.550.51-0.51-0.560.740.540.560.640.99-0.080.830.740.390.691.00.210.93-0.210.460.450.48
0.70.540.910.640.820.5-0.21-0.940.780.240.60.640.610.070.890.980.660.870.660.390.710.250.350.80.54
0.940.660.610.950.540.48-0.58-0.520.70.60.530.990.61-0.080.820.70.350.660.980.180.91-0.140.440.380.44
-0.040.210.03-0.170.040.020.320.010.12-0.280.07-0.080.07-0.080.210.00.720.08-0.1-0.27-0.220.40.360.12-0.38
0.840.60.80.780.810.44-0.28-0.810.770.30.610.830.890.820.210.910.690.860.820.210.80.220.550.640.49
0.790.610.930.740.80.58-0.26-0.930.840.30.650.740.980.70.00.910.630.890.750.420.80.20.390.820.54
0.510.610.690.360.550.550.07-0.620.720.010.640.390.660.350.720.690.630.710.390.190.360.490.490.710.12
0.780.620.890.710.90.61-0.21-0.920.830.270.850.690.870.660.080.860.890.710.70.350.760.290.360.770.67
0.970.740.690.980.550.56-0.52-0.570.770.550.591.00.660.98-0.10.820.750.390.70.250.95-0.210.410.480.48
0.280.370.570.260.080.66-0.26-0.420.610.290.280.210.390.18-0.270.210.420.190.350.250.240.280.040.7-0.01
0.970.660.770.980.620.59-0.48-0.630.770.520.70.930.710.91-0.220.80.80.360.760.950.24-0.190.350.530.62
-0.10.010.27-0.190.240.25-0.06-0.310.250.090.26-0.210.25-0.140.40.220.20.490.29-0.210.28-0.190.170.39-0.2
0.440.10.380.390.290.230.07-0.290.41-0.050.350.460.350.440.360.550.390.490.360.410.040.350.170.340.17
0.590.660.930.510.510.81-0.05-0.80.90.140.690.450.80.380.120.640.820.710.770.480.70.530.390.340.22
0.490.060.460.50.790.11-0.14-0.640.30.130.550.480.540.44-0.380.490.540.120.670.48-0.010.62-0.20.170.22
Click cells to compare fundamentals

Aclaris Therapeutics Account Relationship Matchups

Aclaris Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.3M70.8M251.2M254.6M197.4M169.3M
Other Current Liab12.0M4.2M3.1M2.2M10.9M4.4M
Total Current Liabilities22.4M14.9M22.9M21.9M31.0M16.3M
Total Stockholder Equity69.9M37.7M197.3M197.6M157.2M133.2M
Other Liab2.4M7.6M28.8M33.5M38.5M40.4M
Property Plant And Equipment Net2.5M1.7M1.3M1.1M1.6M1.6M
Net Debt(35.3M)(42.9M)(26.7M)(44.6M)(39.5M)(41.4M)
Retained Earnings(453.5M)(504.5M)(595.4M)(682.3M)(770.8M)(732.3M)
Accounts Payable9.9M5.3M10.0M10.4M8.9M7.2M
Cash35.9M54.1M27.3M45.3M39.9M52.9M
Non Current Assets Total14.5M13.3M46.2M23.0M68.5M72.0M
Cash And Short Term Investments75.0M54.1M225.7M229.8M119.1M137.6M
Common Stock Shares Outstanding41.3M42.5M56.7M65.2M69.8M38.5M
Short Term Investments39.1M32.1M164.1M172.3M79.2M96.3M
Liabilities And Stockholders Equity98.3M70.8M251.2M254.6M197.4M169.3M
Non Current Liabilities Total6.0M18.3M30.9M35.0M9.3M8.8M
Other Current Assets3.1M2.6M13.0M13.5M9.5M5.7M
Other Stockholder Equity523.5M542.3M793.0M880.8M928.1M495.6M
Total Liab28.4M33.1M53.9M57.0M40.2M36.1M
Property Plant And Equipment Gross2.5M1.7M4.7M5.1M5.8M6.1M
Total Current Assets83.8M57.5M205.0M231.6M128.9M139.1M
Accumulated Other Comprehensive Income(66K)(94K)(224K)(897K)(106K)(111.3K)
Property Plant Equipment7.2M1.7M1.3M1.1M1.3M1.9M
Net Tangible Assets62.7M30.5M190.3M190.6M219.2M135.0M
Non Currrent Assets Other4.8M4.5M3.6M(630K)1.7M1.8M
Other Assets92K4.5M251.2M1.7M2.0M1.9M
Net Receivables704K772K623K484K298K283.1K
Retained Earnings Total Equity(453.5M)(504.5M)(595.4M)(682.3M)(614.1M)(583.4M)
Capital Surpluse523.5M542.3M793.0M880.8M1.0B553.9M
Inventory791K5.0M(34.2M)(12.2M)(11.0M)(10.5M)
Intangible Assets7.2M7.1M7.0M7.0M269K255.6K
Non Current Liabilities Other5.4M7.2M30.6M34.7M9.3M13.1M
Short Long Term Debt Total637K11.3M693K684K426K404.7K
Capital Lease Obligations637K603K693K684K426K594.9K
Net Invested Capital69.9M48.3M197.3M197.6M157.2M130.4M
Net Working Capital61.4M42.6M182.1M209.6M97.9M106.7M

Pair Trading with Aclaris Therapeutics

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 Aclaris Therapeutics 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 Aclaris Therapeutics will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aclaris Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aclaris Therapeutics 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 Aclaris Therapeutics - 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 Aclaris Therapeutics to buy it.
The correlation of Aclaris Therapeutics 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 Aclaris Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aclaris Therapeutics 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 Aclaris Therapeutics 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 Aclaris Therapeutics is a strong investment it is important to analyze Aclaris Therapeutics' 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 Aclaris Therapeutics' future performance. For an informed investment choice regarding Aclaris Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aclaris Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Aclaris Therapeutics' 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 Aclaris Therapeutics. If investors know Aclaris 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 Aclaris Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.27)
Revenue Per Share
0.448
Quarterly Revenue Growth
1.266
Return On Assets
(0.33)
Return On Equity
(0.50)
The market value of Aclaris Therapeutics is measured differently than its book value, which is the value of Aclaris that is recorded on the company's balance sheet. Investors also form their own opinion of Aclaris Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Aclaris Therapeutics' 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 Aclaris Therapeutics' market value can be influenced by many factors that don't directly affect Aclaris Therapeutics' 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 Aclaris Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aclaris Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aclaris Therapeutics' 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.