Adagene Net Debt vs Other Liab Analysis
ADAG Stock | USD 2.55 0.02 0.78% |
Adagene financial indicator trend analysis is way more than just evaluating Adagene prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adagene is a good investment. Please check the relationship between Adagene Net Debt and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adagene. 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 detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.
Net Debt vs Other Liab
Net Debt vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adagene Net Debt account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Adagene's Net Debt and Other Liab is 0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Liab in the same time period over historical financial statements of Adagene, assuming nothing else is changed. The correlation between historical values of Adagene's Net Debt 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 Net Debt of Adagene 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 Net Debt i.e., Adagene's Net Debt and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Other Liab
Most indicators from Adagene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adagene 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 Adagene. 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 detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.At this time, Adagene's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.9M | 2.5M | 1.2M | 1.6M | Interest Income | 76.2K | 377.5K | 4.3M | 4.5M |
Adagene fundamental ratios Correlations
Click cells to compare fundamentals
Adagene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Adagene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 105.9M | 84.3M | 189.5M | 152.4M | 115.7M | 128.7M | |
Short Long Term Debt Total | 2.6M | 8.0M | 7.5M | 28.0M | 22.3M | 12.9M | |
Other Current Liab | 4.4M | 8.6M | 16.5M | 22.5M | 19.7M | 14.5M | |
Total Current Liabilities | 7.2M | 16.1M | 29.8M | 55.1M | 31.5M | 27.5M | |
Total Stockholder Equity | (57.0M) | (89.4M) | 156.6M | 83.1M | 70.6M | 74.1M | |
Net Tangible Assets | (57.0M) | (89.4M) | 156.6M | 83.1M | 95.6M | 100.3M | |
Property Plant And Equipment Net | 1.9M | 2.1M | 3.5M | 3.0M | 2.2M | 2.8M | |
Current Deferred Revenue | 993.4K | 725.5K | 5.5M | 15.1M | 52.9K | 50.2K | |
Net Debt | (90.0M) | (67.2M) | (166.9M) | (115.8M) | (87.6M) | (92.0M) | |
Retained Earnings | (63.3M) | (105.7M) | (178.8M) | (258.8M) | (277.8M) | (263.9M) | |
Accounts Payable | 712.7K | 1.8M | 3.3M | 3.7M | 3.1M | 2.4M | |
Cash | 92.5M | 75.2M | 174.4M | 143.8M | 109.9M | 112.2M | |
Non Current Assets Total | 2.0M | 5.2M | 3.6M | 3.1M | 2.3M | 3.4M | |
Non Currrent Assets Other | (109.8K) | (4.1M) | 69.3K | 109.6K | 84.9K | 89.1K | |
Other Assets | 87.2K | 3.1M | 69.3K | 109.6K | 1.0 | 0.95 | |
Cash And Short Term Investments | 100.5M | 75.2M | 174.4M | 143.8M | 109.9M | 119.7M | |
Net Receivables | 2.1M | 132.4K | 7.5M | 619.4K | 222.0K | 210.9K | |
Common Stock Shares Outstanding | 44.2M | 35.1M | 40.0M | 43.3M | 43.8M | 44.1M | |
Liabilities And Stockholders Equity | 105.9M | 84.3M | 189.5M | 152.4M | 115.7M | 128.7M | |
Non Current Liabilities Total | 155.7M | 157.5M | 3.1M | 14.2M | 13.7M | 13.0M | |
Other Current Assets | 1.2M | 3.8M | 4.1M | 4.9M | 3.3M | 3.4M | |
Other Stockholder Equity | (147.6M) | (137.8M) | 335.5M | 342.7M | 350.1M | 367.6M | |
Total Liab | 162.9M | 173.7M | 33.0M | 69.3M | 45.2M | 77.3M | |
Net Invested Capital | (54.5M) | (81.4M) | 164.0M | 110.9M | 92.5M | 97.1M | |
Property Plant And Equipment Gross | 1.9M | 2.1M | 3.5M | 3.0M | 8.9M | 9.4M | |
Short Long Term Debt | 1.0M | 5.0M | 4.5M | 13.6M | 8.4M | 6.4M | |
Total Current Assets | 103.9M | 79.1M | 186.0M | 149.3M | 113.4M | 125.3M | |
Accumulated Other Comprehensive Income | (344.9K) | (351.0K) | (94.0K) | (849.3K) | (1.8M) | (1.7M) | |
Capital Stock | 1.5K | 1.9K | 5.6K | 5.5K | 5.5K | 4.0K | |
Net Working Capital | 96.7M | 63.0M | 156.1M | 94.2M | 82.0M | 97.8M | |
Short Term Debt | 1.0M | 5.0M | 4.5M | 13.8M | 8.6M | 6.5M | |
Common Stock | 1.5K | 1.9K | 5.6K | 5.5K | 5.5K | 4.0K | |
Property Plant Equipment | 1.9M | 2.1M | 3.5M | 3.0M | 3.4M | 2.9M |
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When determining whether Adagene is a strong investment it is important to analyze Adagene's 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 Adagene's future performance. For an informed investment choice regarding Adagene Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adagene. 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 detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.Note that the Adagene information on this page should be used as a complementary analysis to other Adagene'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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When running Adagene's price analysis, check to measure Adagene'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 Adagene is operating at the current time. Most of Adagene's value examination focuses on studying past and present price action to predict the probability of Adagene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adagene's price. Additionally, you may evaluate how the addition of Adagene to your portfolios can decrease your overall portfolio volatility.
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Is Adagene'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 Adagene. If investors know Adagene 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 Adagene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 0.414 | Quarterly Revenue Growth (0.85) | Return On Assets (0.11) | Return On Equity (0.25) |
The market value of Adagene is measured differently than its book value, which is the value of Adagene that is recorded on the company's balance sheet. Investors also form their own opinion of Adagene's value that differs from its market value or its book value, called intrinsic value, which is Adagene'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 Adagene's market value can be influenced by many factors that don't directly affect Adagene'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 Adagene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adagene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adagene'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.