Adaptive Enterprise Value vs Invested Capital Analysis

ADPT Stock  USD 2.89  0.01  0.35%   
Trend analysis of Adaptive Biotechnologies Corp balance sheet accounts such as Other Current Liab of 19.9 M, Total Current Liabilities of 84.7 M or Total Stockholder Equity of 347 M provides information on Adaptive Biotechnologies' total assets, liabilities, and equity, which is the actual value of Adaptive Biotechnologies to its prevalent stockholders. By breaking down trends over time using Adaptive Biotechnologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adaptive Biotechnologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Adaptive Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Adaptive Biotechnologies at a specified time, usually calculated after every quarter, six months, or one year. Adaptive Biotechnologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Adaptive Biotechnologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Adaptive currently owns. An asset can also be divided into two categories, current and non-current.

Adaptive Biotechnologies Balance Sheet Chart

Adaptive Biotechnologies Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Adaptive Biotechnologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Adaptive Biotechnologies' Short Term Investments are comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 44.2 M in 2024, whereas Other Liabilities is likely to drop slightly above 125.4 M in 2024.

Total Assets

Total assets refers to the total amount of Adaptive Biotechnologies 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 Adaptive Biotechnologies 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.

Total Current Liabilities

Total Current Liabilities is an item on Adaptive Biotechnologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Adaptive Biotechnologies Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Adaptive Biotechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adaptive Biotechnologies 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 Adaptive Biotechnologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is likely to drop to about 57.1 M in 2024. Enterprise Value Multiple is likely to drop to -5.1 in 2024
 2021 2022 2023 2024 (projected)
Gross Profit105.0M127.4M72.5M78.9M
Total Revenue154.3M185.3M170.3M123.7M

Adaptive Biotechnologies fundamental ratios Correlations

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Click cells to compare fundamentals

Adaptive Biotechnologies Account Relationship Matchups

Adaptive Biotechnologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets912.3M1.1B923.3M856.6M661.1M811.6M
Other Current Liab12.9M25.1M25.0M28.4M22.3M19.9M
Total Current Liabilities78.3M105.2M113.8M109.8M88.0M84.7M
Total Stockholder Equity571.0M743.3M604.0M464.2M308.4M347.0M
Other Liab226.3M163.6M98.8M184.0M211.6M125.4M
Net Tangible Assets440.1M614.1M476.5M338.4M389.1M205.2M
Property Plant And Equipment Net60.4M139.0M172.9M164.2M120.3M108.4M
Current Deferred Revenue61.0M73.3M80.5M64.1M48.6M55.7M
Net Debt(60.0M)(15.6M)(27.3M)18.0M164.4M172.6M
Retained Earnings(365.5M)(511.6M)(718.9M)(919.1M)(1.1B)(1.1B)
Accounts Payable4.5M3.2M3.3M8.1M7.7M4.8M
Cash96.6M123.4M139.1M90.0M65.1M102.9M
Non Current Assets Total299.6M389.5M520.6M294.5M250.9M324.4M
Non Currrent Assets Other2.9M2.7M3.0M4.5M(1.5M)(1.5M)
Other Assets39.5M2.7M3.0M4.5M4.0M6.7M
Cash And Short Term Investments576.9M688.3M353.1M498.2M346.4M443.1M
Net Receivables12.7M10.0M17.4M40.1M39.0M20.4M
Common Stock Shares Outstanding69.2M131.2M140.4M142.5M144.4M131.8M
Short Term Investments480.3M564.8M214.0M408.2M281.3M340.3M
Liabilities And Stockholders Equity912.3M1.1B923.3M856.6M661.1M811.6M
Non Current Liabilities Total263.0M268.0M205.4M282.7M264.8M276.3M
Capital Surpluse935.8M1.3B1.3B1.4B1.6B910.1M
Inventory9.1M14.1M19.3M14.5M14.4M13.2M
Other Current Assets14.1M14.5M13.0M9.4M10.4M10.6M
Other Stockholder Equity23.5M1.3B1.3B1.4B1.5B865.0M
Total Liab341.3M373.1M319.2M392.5M352.9M337.9M
Net Invested Capital571.0M743.3M604.0M464.2M308.4M347.0M
Property Plant And Equipment Gross60.4M139.0M172.9M164.2M193.6M119.9M
Total Current Assets612.7M726.9M402.7M562.1M410.2M487.2M
Accumulated Other Comprehensive Income671K893K(1.1M)(4.1M)215K225.8K
Net Working Capital534.4M621.7M288.9M452.4M322.2M402.6M
Intangible Assets11.9M10.2M8.5M6.8M5.1M8.2M

Pair Trading with Adaptive Biotechnologies

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 Adaptive Biotechnologies 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 Adaptive Biotechnologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adaptive Stock

  0.72MBRX Moleculin Biotech Upward RallyPairCorr
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Moving against Adaptive Stock

  0.86DNTH Dianthus Therapeutics Symbol ChangePairCorr
  0.74MDWD Mediwound Financial Report 4th of June 2024 PairCorr
  0.66MGNX MacroGenics Financial Report 14th of May 2024 PairCorr
  0.64EQ Equillium Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to Adaptive Biotechnologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adaptive Biotechnologies 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 Adaptive Biotechnologies - 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 Adaptive Biotechnologies Corp to buy it.
The correlation of Adaptive Biotechnologies 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 Adaptive Biotechnologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adaptive Biotechnologies 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 Adaptive Biotechnologies 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 Adaptive Biotechnologies 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 Adaptive 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 Adaptive Biotechnologies Corp Stock. Highlighted below are key reports to facilitate an investment decision about Adaptive Biotechnologies Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adaptive Biotechnologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Adaptive Biotechnologies' 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 Adaptive Biotechnologies. If investors know Adaptive 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 Adaptive Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.56)
Revenue Per Share
1.179
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.17)
Return On Equity
(0.58)
The market value of Adaptive Biotechnologies is measured differently than its book value, which is the value of Adaptive that is recorded on the company's balance sheet. Investors also form their own opinion of Adaptive Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adaptive Biotechnologies' 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 Adaptive Biotechnologies' market value can be influenced by many factors that don't directly affect Adaptive Biotechnologies' 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 Adaptive Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adaptive Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adaptive Biotechnologies' 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.