Aditxt Return on Average Assets vs Total Liabilities Analysis

ADTX Stock

USD 2.42 0.07 2.98%

Trend analysis of Aditxt Inc balance sheet accounts such as Other Current Liab of 2.6 M, Total Current Liabilities of 27.2 M or Total Stockholder Equity of 16.9 M provides information on Aditxt's total assets, liabilities, and equity, which is the actual value of Aditxt Inc to its prevalent stockholders. By breaking down trends over time using Aditxt 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.

Cash Flow Balance Sheet Income Statement

Total Assets Net Tangible Assets

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 estimate.

About Aditxt Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Aditxt Inc at a specified time, usually calculated after every quarter, six months, or one year. Aditxt Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aditxt 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 Aditxt currently owns. An asset can also be divided into two categories, current and non-current.

Aditxt Balance Sheet Chart

Aditxt 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 Aditxt Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Aditxt's Net Invested Capital is fairly stable compared to the past year. Short and Long Term Debt is likely to rise to about 17 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 3.9 M in 2024.

Total Assets Other Current Liab Total Current Liabilities Other Liab

Add Fundamental

Total Assets

Total assets refers to the total amount of Aditxt 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 Aditxt Inc 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 Aditxt balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aditxt Inc 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 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 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 Expense	1.9M	543.9K	625.5K	768.5K
Depreciation And Amortization	479.3K	652.3K	587.1K	557.7K

Income Tax Expense Depreciation And Amortization

Aditxt fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Non Current Liabilities Other	Net Working Capital	Common Stock	Short Long Term Debt Total	Short Long Term Debt	Capital Stock	Short Term Debt
Total Assets		0.86	0.96	0.95	-0.89	0.58	0.79	-0.92	0.61	0.16	0.51	0.63	-0.51	0.68	0.75	0.91	0.98	1.0	0.65	0.69	-0.74	0.08	0.72	0.95	-0.05	0.74
Other Current Liab	0.86		0.83	0.79	-0.7	0.52	0.68	-0.97	0.88	0.16	0.43	0.63	-0.7	0.88	0.86	0.97	0.86	0.82	0.6	0.81	-0.62	0.16	0.84	0.75	0.05	0.84
Total Current Liabilities	0.96	0.83		0.83	-0.94	0.34	0.92	-0.87	0.6	-0.1	0.27	0.45	-0.42	0.61	0.67	0.83	1.0	0.95	0.43	0.62	-0.89	-0.11	0.56	0.99	-0.24	0.58
Total Stockholder Equity	0.95	0.79	0.83		-0.75	0.8	0.56	-0.87	0.52	0.45	0.74	0.79	-0.54	0.65	0.76	0.89	0.86	0.96	0.84	0.68	-0.48	0.27	0.81	0.81	0.15	0.84
Other Liab	-0.89	-0.7	-0.94	-0.75		-0.23	-0.89	0.75	-0.39	0.16	-0.2	-0.25	0.3	-0.42	-0.53	-0.72	-0.93	-0.89	-0.31	-0.49	0.85	0.17	-0.38	-0.95	0.29	-0.4
Net Tangible Assets	0.58	0.52	0.34	0.8	-0.23		-0.02	-0.6	0.37	0.86	0.95	0.9	-0.55	0.56	0.65	0.66	0.4	0.6	0.98	0.57	0.11	0.59	0.84	0.31	0.53	0.86
Net Debt	0.79	0.68	0.92	0.56	-0.89	-0.02		-0.72	0.46	-0.48	-0.13	0.18	-0.13	0.39	0.37	0.64	0.89	0.77	0.06	0.35	-0.99	-0.32	0.31	0.93	-0.43	0.32
Retained Earnings	-0.92	-0.97	-0.87	-0.87	0.75	-0.6	-0.72		-0.79	-0.18	-0.47	-0.72	0.62	-0.8	-0.81	-0.99	-0.9	-0.89	-0.65	-0.75	0.64	-0.12	-0.85	-0.82	0.0	-0.87
Accounts Payable	0.61	0.88	0.6	0.52	-0.39	0.37	0.46	-0.79		0.15	0.33	0.52	-0.82	0.95	0.87	0.77	0.63	0.55	0.49	0.87	-0.45	0.16	0.74	0.5	0.07	0.74
Cash	0.16	0.16	-0.1	0.45	0.16	0.86	-0.48	-0.18	0.15		0.93	0.63	-0.53	0.37	0.48	0.27	-0.04	0.18	0.84	0.44	0.54	0.66	0.55	-0.14	0.66	0.57
Cash And Short Term Investments	0.51	0.43	0.27	0.74	-0.2	0.95	-0.13	-0.47	0.33	0.93		0.76	-0.64	0.54	0.68	0.55	0.32	0.52	0.97	0.62	0.2	0.59	0.72	0.23	0.54	0.74
Common Stock Total Equity	0.63	0.63	0.45	0.79	-0.25	0.9	0.18	-0.72	0.52	0.63	0.76		-0.53	0.61	0.63	0.75	0.5	0.64	0.87	0.58	-0.09	0.4	0.89	0.41	0.33	0.91
Common Stock Shares Outstanding	-0.51	-0.7	-0.42	-0.54	0.3	-0.55	-0.13	0.62	-0.82	-0.53	-0.64	-0.53		-0.87	-0.93	-0.65	-0.46	-0.46	-0.68	-0.97	0.13	-0.28	-0.66	-0.32	-0.22	-0.67
Non Current Liabilities Total	0.68	0.88	0.61	0.65	-0.42	0.56	0.39	-0.8	0.95	0.37	0.54	0.61	-0.87		0.92	0.81	0.65	0.62	0.67	0.91	-0.36	0.41	0.84	0.51	0.32	0.83
Capital Surpluse	0.75	0.86	0.67	0.76	-0.53	0.65	0.37	-0.81	0.87	0.48	0.68	0.63	-0.93	0.92		0.83	0.7	0.71	0.77	0.97	-0.35	0.23	0.78	0.58	0.14	0.8
Other Stockholder Equity	0.91	0.97	0.83	0.89	-0.72	0.66	0.64	-0.99	0.77	0.27	0.55	0.75	-0.65	0.81	0.83		0.86	0.88	0.71	0.77	-0.56	0.19	0.89	0.77	0.08	0.9
Total Liab	0.98	0.86	1.0	0.86	-0.93	0.4	0.89	-0.9	0.63	-0.04	0.32	0.5	-0.46	0.65	0.7	0.86		0.96	0.49	0.65	-0.86	-0.05	0.62	0.98	-0.18	0.64
Net Invested Capital	1.0	0.82	0.95	0.96	-0.89	0.6	0.77	-0.89	0.55	0.18	0.52	0.64	-0.46	0.62	0.71	0.88	0.96		0.66	0.64	-0.72	0.07	0.7	0.95	-0.05	0.73
Total Current Assets	0.65	0.6	0.43	0.84	-0.31	0.98	0.06	-0.65	0.49	0.84	0.97	0.87	-0.68	0.67	0.77	0.71	0.49	0.66		0.7	0.02	0.54	0.85	0.39	0.47	0.87
Non Current Liabilities Other	0.69	0.81	0.62	0.68	-0.49	0.57	0.35	-0.75	0.87	0.44	0.62	0.58	-0.97	0.91	0.97	0.77	0.65	0.64	0.7		-0.33	0.21	0.71	0.53	0.12	0.73
Net Working Capital	-0.74	-0.62	-0.89	-0.48	0.85	0.11	-0.99	0.64	-0.45	0.54	0.2	-0.09	0.13	-0.36	-0.35	-0.56	-0.86	-0.72	0.02	-0.33		0.4	-0.22	-0.9	0.51	-0.23
Common Stock	0.08	0.16	-0.11	0.27	0.17	0.59	-0.32	-0.12	0.16	0.66	0.59	0.4	-0.28	0.41	0.23	0.19	-0.05	0.07	0.54	0.21	0.4		0.55	-0.16	0.99	0.5
Short Long Term Debt Total	0.72	0.84	0.56	0.81	-0.38	0.84	0.31	-0.85	0.74	0.55	0.72	0.89	-0.66	0.84	0.78	0.89	0.62	0.7	0.85	0.71	-0.22	0.55		0.49	0.46	1.0
Short Long Term Debt	0.95	0.75	0.99	0.81	-0.95	0.31	0.93	-0.82	0.5	-0.14	0.23	0.41	-0.32	0.51	0.58	0.77	0.98	0.95	0.39	0.53	-0.9	-0.16	0.49		-0.29	0.52
Capital Stock	-0.05	0.05	-0.24	0.15	0.29	0.53	-0.43	0.0	0.07	0.66	0.54	0.33	-0.22	0.32	0.14	0.08	-0.18	-0.05	0.47	0.12	0.51	0.99	0.46	-0.29		0.41
Short Term Debt	0.74	0.84	0.58	0.84	-0.4	0.86	0.32	-0.87	0.74	0.57	0.74	0.91	-0.67	0.83	0.8	0.9	0.64	0.73	0.87	0.73	-0.23	0.5	1.0	0.52	0.41

Click cells to compare fundamentals

Aditxt Account Relationship Matchups

Aditxt fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	123.5K	13.1M	16.7M	10.7M	44.6M	46.8M
Other Current Liab	962.7K	248.1K	1.8M	2.1M	2.5M	2.6M
Total Current Liabilities	3.0M	1.2M	3.6M	3.6M	25.9M	27.2M
Total Stockholder Equity	(2.9M)	11.0M	10.2M	5.2M	16.1M	16.9M
Net Tangible Assets	(2.9M)	10.7M	10.0M	5.1M	5.9M	3.9M
Net Debt	161.5K	(8.7M)	(3.2M)	613.2K	16.1M	16.9M
Retained Earnings	(11.7M)	(20.9M)	(67.4M)	(95.0M)	(127.7M)	(121.4M)
Accounts Payable	1.8M	241.6K	1.6M	2.0M	2.3M	1.2M
Cash	4.1K	10.5M	7.9M	2.8M	97.1K	92.2K
Non Current Assets Total	119.4K	2.1M	7.2M	6.0M	37.7M	39.5M
Cash And Short Term Investments	4.1K	10.5M	7.9M	2.8M	3.2M	3.9M
Common Stock Shares Outstanding	2.6K	6.5K	9.5K	46.4K	1.3M	761.7K
Liabilities And Stockholders Equity	123.5K	13.1M	16.7M	10.7M	12.3M	7.5M
Non Current Liabilities Total	2.0M	858.1K	2.9M	1.9M	2.6M	1.8M
Other Stockholder Equity	8.9M	31.9M	77.5M	100.2M	115.3M	121.0M
Total Liab	3.0M	2.1M	6.5M	5.5M	28.5M	30.0M
Net Invested Capital	(2.7M)	11.0M	11.0M	5.6M	32.2M	33.8M
Total Current Assets	4.1K	11.0M	9.4M	4.7M	6.9M	5.1M
Net Working Capital	(3.0M)	9.8M	5.8M	1.1M	(19.0M)	(18.0M)
Common Stock	3.9K	13.1K	44.5K	4.3K	5.0K	4.7K
Short Long Term Debt Total	165.6K	1.8M	4.7M	3.4M	3.9M	2.3M
Short Long Term Debt	165.6K	587.6K	700.4K	410.0K	16.2M	17.0M
Capital Stock	3.9K	13.1K	44.5K	4.3K	1.3K	1.3K
Short Term Debt	165.6K	978.8K	1.8M	1.5M	1.7M	1.0M

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.

Moving together with Aditxt Stock

0.7

JNJ

Johnson Johnson Financial Report 18th of July 2024

Pair Corr

Moving against Aditxt Stock

0.66	NUVB	Nuvation Bio Financial Report 2nd of May 2024	Pair Corr
0.55	JSPRW	Jasper Therapeutics	Pair Corr
0.49	IOVA	Iovance Biotherapeutics Financial Report 14th of May 2024	Pair Corr
0.43	INZY	Inozyme PharmaInc Financial Report 14th of May 2024	Pair Corr
0.41	EWTX	Edgewise Therapeutics Downward Rally	Pair Corr

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 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 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 Correlation Correlation 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:

How To Invest In Aditxt

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Is Aditxt Stock a good investment?

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What is Aditxt's Net Worth?

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When running Aditxt's price analysis, check to measure Aditxt'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 Aditxt is operating at the current time. Most of Aditxt's value examination focuses on studying past and present price action to predict the probability of Aditxt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aditxt's price. Additionally, you may evaluate how the addition of Aditxt to your portfolios can decrease your overall portfolio volatility.

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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.

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Aditxt Return on Average Assets vs Total Liabilities Analysis

About Aditxt Balance Sheet Analysis

Aditxt Balance Sheet Chart

Total Assets

Total Current Liabilities

Aditxt fundamental ratios Correlations

Aditxt Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aditxt fundamental ratios Accounts

Pair Trading with Aditxt

Moving together with Aditxt Stock

Moving against Aditxt Stock

Complementary Tools for Aditxt Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt Total
Short Long Term Debt	+ 0.99	Total Current Liabilities
Capital Stock	+ 0.99	Common Stock
Total Liab	+ 0.98	Total Assets

Other Stockholder Equity	- 0.99	Retained Earnings
Net Working Capital	- 0.99	Net Debt
Non Current Liabilities Other	- 0.97	Common Stock Shares Outstanding
Retained Earnings	- 0.97	Other Current Liab
Short Long Term Debt	- 0.95	Other Liab
Other Liab	- 0.94	Total Current Liabilities