Aditxt Accounts Payable vs Common Stock Analysis

ADTX Stock  USD 1.62  0.16  8.99%   
Aditxt financial indicator trend analysis is way more than just evaluating Aditxt Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditxt Inc is a good investment. Please check the relationship between Aditxt Accounts Payable and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aditxt's Accounts Payable and Common Stock is -0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Aditxt Inc, assuming nothing else is changed. The correlation between historical values of Aditxt's Accounts Payable and Common Stock 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 Aditxt Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Aditxt's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Aditxt 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 Aditxt Inc 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.

Common Stock

Most indicators from Aditxt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aditxt Inc 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 Aditxt Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Issuance Of Capital Stock is likely to rise to about 14.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.9 M in 2024.
 2021 2022 2023 2024 (projected)
Income Tax Expense1.9M543.9K310.3K294.8K
Depreciation And Amortization479.3K652.3K542.6K515.5K

Aditxt fundamental ratios Correlations

0.10.960.95-0.890.580.81-0.920.950.160.160.63-0.580.680.750.950.981.00.650.69-0.74-0.040.990.95-0.050.96
0.1-0.020.170.150.42-0.17-0.430.070.440.440.44-0.620.680.570.380.040.040.430.550.230.470.03-0.140.46-0.08
0.96-0.020.83-0.940.340.93-0.870.99-0.1-0.10.45-0.510.610.670.891.00.950.430.62-0.89-0.230.990.99-0.241.0
0.950.170.83-0.750.80.59-0.870.810.450.450.79-0.60.650.760.90.860.960.840.68-0.480.160.880.810.150.84
-0.890.15-0.94-0.75-0.23-0.90.75-0.920.160.16-0.250.37-0.42-0.53-0.79-0.93-0.89-0.31-0.490.850.28-0.93-0.950.29-0.95
0.580.420.340.8-0.230.01-0.60.330.860.860.9-0.560.560.650.620.40.60.980.570.110.540.450.310.530.35
0.81-0.170.930.59-0.90.01-0.730.92-0.45-0.450.2-0.240.40.390.740.910.80.090.37-0.99-0.420.90.94-0.420.93
-0.92-0.43-0.87-0.870.75-0.6-0.73-0.89-0.18-0.18-0.720.68-0.8-0.81-1.0-0.9-0.89-0.65-0.750.64-0.02-0.9-0.820.0-0.85
0.950.070.990.81-0.920.330.92-0.89-0.09-0.090.44-0.570.680.710.90.990.930.430.68-0.88-0.220.980.97-0.230.98
0.160.44-0.10.450.160.86-0.45-0.18-0.091.00.63-0.50.370.480.2-0.040.180.840.440.540.660.0-0.140.66-0.1
0.160.44-0.10.450.160.86-0.45-0.18-0.091.00.63-0.50.370.480.2-0.040.180.840.440.540.660.0-0.140.66-0.1
0.630.440.450.79-0.250.90.2-0.720.440.630.63-0.560.610.630.710.50.640.870.58-0.090.340.540.410.330.45
-0.58-0.62-0.51-0.60.37-0.56-0.240.68-0.57-0.5-0.5-0.56-0.89-0.95-0.67-0.54-0.54-0.7-0.990.21-0.2-0.51-0.41-0.18-0.44
0.680.680.610.65-0.420.560.4-0.80.680.370.370.61-0.890.920.780.650.620.670.91-0.360.340.630.510.320.55
0.750.570.670.76-0.530.650.39-0.810.710.480.480.63-0.950.920.810.70.710.770.97-0.350.160.680.580.140.61
0.950.380.890.9-0.790.620.74-1.00.90.20.20.71-0.670.780.810.920.920.670.75-0.650.020.920.840.010.87
0.980.041.00.86-0.930.40.91-0.90.99-0.04-0.040.5-0.540.650.70.920.960.490.65-0.86-0.171.00.98-0.180.99
1.00.040.950.96-0.890.60.8-0.890.930.180.180.64-0.540.620.710.920.960.660.64-0.72-0.040.980.95-0.050.96
0.650.430.430.84-0.310.980.09-0.650.430.840.840.87-0.70.670.770.670.490.660.70.020.480.520.390.470.43
0.690.550.620.68-0.490.570.37-0.750.680.440.440.58-0.990.910.970.750.650.640.7-0.330.140.620.530.120.56
-0.740.23-0.89-0.480.850.11-0.990.64-0.880.540.54-0.090.21-0.36-0.35-0.65-0.86-0.720.02-0.330.5-0.83-0.90.51-0.88
-0.040.47-0.230.160.280.54-0.42-0.02-0.220.660.660.34-0.20.340.160.02-0.17-0.040.480.140.5-0.14-0.281.0-0.24
0.990.030.990.88-0.930.450.9-0.90.980.00.00.54-0.510.630.680.921.00.980.520.62-0.83-0.140.98-0.150.99
0.95-0.140.990.81-0.950.310.94-0.820.97-0.14-0.140.41-0.410.510.580.840.980.950.390.53-0.9-0.280.98-0.291.0
-0.050.46-0.240.150.290.53-0.420.0-0.230.660.660.33-0.180.320.140.01-0.18-0.050.470.120.511.0-0.15-0.29-0.25
0.96-0.081.00.84-0.950.350.93-0.850.98-0.1-0.10.45-0.440.550.610.870.990.960.430.56-0.88-0.240.991.0-0.25
Click cells to compare fundamentals

Aditxt Account Relationship Matchups

Aditxt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.5K13.1M16.7M10.7M44.6M46.8M
Other Current Liab962.7K248.1K1.8M2.1M158.6K150.7K
Total Current Liabilities3.0M1.2M3.6M3.6M25.9M27.2M
Total Stockholder Equity(2.9M)11.0M10.2M5.2M16.1M16.9M
Net Tangible Assets(2.9M)10.7M10.0M5.1M5.9M3.9M
Net Debt161.5K(8.7M)(3.2M)613.2K18.1M19.0M
Retained Earnings(11.7M)(20.9M)(67.4M)(95.0M)(127.7M)(121.4M)
Accounts Payable1.8M241.6K1.6M2.0M8.6M9.0M
Cash4.1K10.5M7.9M2.8M97.1K92.2K
Non Current Assets Total119.4K2.1M7.2M6.0M37.7M39.5M
Cash And Short Term Investments4.1K10.5M7.9M2.8M97.1K92.2K
Common Stock Shares Outstanding2.6K6.5K9.5K46.4K302.4K287.2K
Liabilities And Stockholders Equity123.5K13.1M16.7M10.7M44.6M46.8M
Non Current Liabilities Total2.0M858.1K2.9M1.9M2.6M1.8M
Other Stockholder Equity8.9M31.9M77.5M100.2M143.8M151.0M
Total Liab3.0M2.1M6.5M5.5M28.5M30.0M
Net Invested Capital(2.7M)11.0M11.0M5.6M32.2M33.8M
Total Current Assets4.1K11.0M9.4M4.7M6.9M5.1M
Net Working Capital(3.0M)9.8M5.8M1.1M(19.0M)(18.0M)
Common Stock3.9K13.1K44.5K4.3K1.3K1.3K
Short Long Term Debt Total165.6K1.8M4.7M3.4M18.2M19.1M
Short Long Term Debt165.6K587.6K700.4K410.0K16.2M17.0M
Capital Stock3.9K13.1K44.5K4.3K1.3K1.3K
Short Term Debt165.6K978.8K1.8M1.5M17.2M18.0M

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