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

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditxt Inc Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aditxt's Total Current Assets and Total Current Liabilities is 0.43. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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 Current Assets and Total Current Liabilities 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 Current Assets of Aditxt Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Aditxt's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 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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