# Aditxt Total Assets vs Current Assets 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 Total Assets and its Current Assets 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.

## Total Assets vs Current Assets

## Total Assets vs Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Total Assets account and Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Aditxt's Total Assets and Current Assets is

**0.96**. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Assets 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 Total Assets and Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Aditxt Inc are associated (or correlated) with its Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Assets has no effect on the direction of Total Assets i.e., Aditxt's Total Assets and Current Assets go up and down completely randomly.## Correlation Coefficient | 0.96 |

Relationship Direction | Positive |

Relationship Strength | Very Strong |

## 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; [TaxAssets] and Trade and Non Trade Receivables.## Current Assets

Current assets of Aditxt Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Aditxt. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.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 Expense | 753.0K | 866.0K | 934.4K |

Gross Profit | 166.9K | 192.0K | 157.2K |

## Aditxt fundamental ratios Correlations

Click cells to compare fundamentals

## Aditxt Account Relationship Matchups

### High Positive Relationship

### High Negative Relationship

## Aditxt fundamental ratios Accounts

2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||

Total Assets | 123.5K | 13.1M | 16.7M | 10.7M | 12.3M | 11.2M | |

Current Assets | 4.1K | 11.0M | 9.4M | 4.7M | 5.5M | 5.8M | |

Cash and Equivalents | 4.1K | 10.6M | 8.3M | 3.1M | 3.6M | 4.4M | |

Cash and Equivalents USD | 4.1K | 10.6M | 8.3M | 3.1M | 3.6M | 4.4M | |

Total Debt | 165.6K | 1.8M | 4.7M | 3.4M | 3.9M | 3.2M | |

Debt Current | 165.6K | 978.8K | 1.8M | 1.5M | 1.7M | 1.4M | |

Total Debt USD | 165.6K | 1.8M | 4.7M | 3.4M | 3.9M | 3.2M | |

Shareholders Equity Attributable to Parent | (2.9M) | 11.0M | 10.2M | 5.2M | 6.0M | 5.7M | |

Shareholders Equity USD | (2.9M) | 11.0M | 10.2M | 5.2M | 6.0M | 5.7M | |

Total Liabilities | 3.0M | 2.1M | 6.5M | 5.5M | 6.4M | 5.5M | |

Current Liabilities | 3.0M | 1.2M | 3.6M | 3.6M | 4.2M | 3.7M | |

Trade and Non Trade Payables | 1.8M | 241.6K | 1.6M | 2.0M | 2.3M | 2.0M | |

Accumulated Retained Earnings Deficit | (11.7M) | (20.9M) | (67.4M) | (95.0M) | (85.5M) | (87.8M) |

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aditxt in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aditxt's short interest history, or implied volatility extrapolated from Aditxt options trading.

## 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.**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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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 Share5.194 | 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.