Aditxt Current Liabilities vs Total Debt Analysis

ADTX Stock  USD 3.68  0.04  1.08%   
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 Current Liabilities and its Total Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in employment.

Current Liabilities vs Total Debt

Current Liabilities vs Total Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Current Liabilities account and Total Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aditxt's Current Liabilities and Total Debt is 0.84. Overlapping area represents the amount of variation of Current Liabilities that can explain the historical movement of Total Debt 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 Current Liabilities and Total Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Liabilities of Aditxt Inc are associated (or correlated) with its Total Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Debt has no effect on the direction of Current Liabilities i.e., Aditxt's Current Liabilities and Total Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Total Debt

Total Debt of Aditxt Inc is a combination of both Aditxt short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Aditxt Inc includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.
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 tightly coupled with the direction of predictive economic indicators such as signals in employment.
Enterprise Value over EBITDA is likely to rise to 0.06 in 2024, whereas Selling General and Administrative Expense is likely to drop slightly above 17.6 M in 2024.
 2022 2023 2024 (projected)
Interest Expense753.0K866.0K934.4K
Gross Profit166.9K192.0K157.2K

Aditxt fundamental ratios Correlations

0.960.920.90.960.970.85-0.750.58-0.48-0.480.850.690.850.380.840.58
0.960.760.990.830.850.68-0.540.39-0.33-0.330.670.470.680.120.650.38
0.920.760.670.990.990.96-0.920.77-0.62-0.620.980.890.960.680.980.77
0.90.990.670.740.760.59-0.410.25-0.24-0.240.560.350.59-0.020.530.25
0.960.830.990.741.00.96-0.870.7-0.56-0.560.960.840.960.60.960.7
0.970.850.990.761.00.93-0.880.73-0.58-0.580.950.830.930.580.950.73
0.850.680.960.590.960.93-0.840.65-0.57-0.570.960.881.00.690.980.64
-0.75-0.54-0.92-0.41-0.87-0.88-0.84-0.940.720.72-0.92-0.91-0.84-0.81-0.94-0.95
0.580.390.770.250.70.730.65-0.94-0.83-0.830.770.810.650.770.81.0
-0.48-0.33-0.62-0.24-0.56-0.58-0.570.72-0.831.0-0.63-0.67-0.57-0.63-0.67-0.79
-0.48-0.33-0.62-0.24-0.56-0.58-0.570.72-0.831.0-0.63-0.67-0.57-0.63-0.67-0.79
0.850.670.980.560.960.950.96-0.920.77-0.63-0.630.960.960.80.980.77
0.690.470.890.350.840.830.88-0.910.81-0.67-0.670.960.880.930.930.8
0.850.680.960.590.960.931.0-0.840.65-0.57-0.570.960.880.690.980.64
0.380.120.68-0.020.60.580.69-0.810.77-0.63-0.630.80.930.690.770.77
0.840.650.980.530.960.950.98-0.940.8-0.67-0.670.980.930.980.770.79
0.580.380.770.250.70.730.64-0.951.0-0.79-0.790.770.80.640.770.79
Click cells to compare fundamentals

Aditxt Account Relationship Matchups

Aditxt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.5K13.1M16.7M10.7M12.3M11.2M
Current Assets4.1K11.0M9.4M4.7M5.5M5.8M
Cash and Equivalents4.1K10.6M8.3M3.1M3.6M4.4M
Cash and Equivalents USD4.1K10.6M8.3M3.1M3.6M4.4M
Total Debt165.6K1.8M4.7M3.4M3.9M3.2M
Debt Current165.6K978.8K1.8M1.5M1.7M1.4M
Total Debt USD165.6K1.8M4.7M3.4M3.9M3.2M
Shareholders Equity Attributable to Parent(2.9M)11.0M10.2M5.2M6.0M5.7M
Shareholders Equity USD(2.9M)11.0M10.2M5.2M6.0M5.7M
Total Liabilities3.0M2.1M6.5M5.5M6.4M5.5M
Current Liabilities3.0M1.2M3.6M3.6M4.2M3.7M
Trade and Non Trade Payables1.8M241.6K1.6M2.0M2.3M2.0M
Accumulated Retained Earnings Deficit(11.7M)(20.9M)(67.4M)(95.0M)(85.5M)(87.8M)

Pair Trading with Aditxt

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 Aditxt 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 Aditxt will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aditxt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aditxt 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 Aditxt - 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 Aditxt Inc to buy it.
The correlation of Aditxt is a statistical measure of how it moves in relation to other equities. 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 Aditxt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aditxt Inc 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 Aditxt 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 Aditxt Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aditxt's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aditxt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aditxt Inc Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Aditxt'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 Aditxt. If investors know Aditxt 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 Aditxt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.00)
Revenue Per Share
5.194
Quarterly Revenue Growth
(0.61)
Return On Assets
(1.18)
Return On Equity
(6.99)
The market value of Aditxt Inc is measured differently than its book value, which is the value of Aditxt that is recorded on the company's balance sheet. Investors also form their own opinion of Aditxt's value that differs from its market value or its book value, called intrinsic value, which is Aditxt'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 Aditxt's market value can be influenced by many factors that don't directly affect Aditxt'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 Aditxt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aditxt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aditxt'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.