Axogen Non Current Assets Total vs Property Plant And Equipment Gross Analysis

AXGN Stock  USD 6.97  0.07  0.99%   
Axogen financial indicator trend analysis is way more than just evaluating Axogen Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axogen Inc is a good investment. Please check the relationship between Axogen Non Current Assets Total and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axogen 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 price.

Non Current Assets Total vs Property Plant And Equipment Gross

Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axogen Inc Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.
The correlation between Axogen's Non Current Assets Total and Property Plant And Equipment Gross is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Axogen Inc, assuming nothing else is changed. The correlation between historical values of Axogen's Non Current Assets Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Axogen Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., Axogen's Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Gross

Most indicators from Axogen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axogen 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 Axogen 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 price.
At this time, Axogen's Selling General Administrative is very stable compared to the past year. As of the 8th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, though Enterprise Value Over EBITDA is likely to grow to (19.41).
 2021 2022 2023 2024 (projected)
Interest Expense1.4M624K8.1M8.5M
Depreciation And Amortization4.5M4.6M5.6M5.8M

Axogen fundamental ratios Correlations

0.70.970.940.930.860.4-0.940.680.85-0.690.690.960.890.710.940.990.820.840.9-0.370.850.880.840.890.88
0.70.770.760.390.90.86-0.820.490.9-0.80.080.720.651.00.770.690.980.90.37-0.090.860.710.690.670.63
0.970.770.970.860.90.46-0.940.720.89-0.710.580.950.860.770.940.960.870.890.82-0.360.880.930.850.870.85
0.940.760.970.820.90.44-0.960.740.89-0.750.50.980.910.750.970.960.870.890.77-0.350.910.870.940.920.9
0.930.390.860.820.630.08-0.780.620.63-0.470.860.850.820.40.80.910.550.620.97-0.430.640.770.720.80.81
0.860.90.90.90.630.76-0.90.471.0-0.90.220.890.720.910.930.850.961.00.54-0.30.980.790.870.750.7
0.40.860.460.440.080.76-0.53-0.020.76-0.79-0.250.420.270.870.520.380.790.750.010.010.690.360.440.30.25
-0.94-0.82-0.94-0.96-0.78-0.9-0.53-0.69-0.90.79-0.49-0.97-0.93-0.81-0.97-0.97-0.9-0.9-0.760.21-0.92-0.83-0.92-0.95-0.92
0.680.490.720.740.620.47-0.02-0.690.46-0.220.590.690.810.470.630.70.570.470.7-0.180.510.780.590.810.81
0.850.90.890.890.631.00.76-0.90.46-0.90.210.880.710.910.930.840.951.00.53-0.30.980.790.870.740.69
-0.69-0.8-0.71-0.75-0.47-0.9-0.790.79-0.22-0.9-0.05-0.75-0.59-0.81-0.83-0.71-0.84-0.9-0.350.22-0.9-0.48-0.81-0.62-0.57
0.690.080.580.50.860.22-0.25-0.490.590.21-0.050.540.650.090.450.660.220.20.93-0.290.210.560.320.590.66
0.960.720.950.980.850.890.42-0.970.690.88-0.750.540.930.720.980.980.840.880.8-0.320.910.850.940.940.91
0.890.650.860.910.820.720.27-0.930.810.71-0.590.650.930.640.880.940.750.710.85-0.130.750.770.830.990.99
0.711.00.770.750.40.910.87-0.810.470.91-0.810.090.720.640.770.690.980.910.38-0.090.860.710.680.660.62
0.940.770.940.970.80.930.52-0.970.630.93-0.830.450.980.880.770.960.870.930.73-0.320.960.810.960.90.86
0.990.690.960.960.910.850.38-0.970.70.84-0.710.660.980.940.690.960.810.840.88-0.310.870.850.90.940.93
0.820.980.870.870.550.960.79-0.90.570.95-0.840.220.840.750.980.870.810.950.52-0.170.920.80.790.780.74
0.840.90.890.890.621.00.75-0.90.471.0-0.90.20.880.710.910.930.840.950.52-0.290.980.780.880.750.69
0.90.370.820.770.970.540.01-0.760.70.53-0.350.930.80.850.380.730.880.520.52-0.350.540.760.630.810.84
-0.37-0.09-0.36-0.35-0.43-0.30.010.21-0.18-0.30.22-0.29-0.32-0.13-0.09-0.32-0.31-0.17-0.29-0.35-0.29-0.33-0.31-0.13-0.11
0.850.860.880.910.640.980.69-0.920.510.98-0.90.210.910.750.860.960.870.920.980.54-0.290.760.930.80.74
0.880.710.930.870.770.790.36-0.830.780.79-0.480.560.850.770.710.810.850.80.780.76-0.330.760.730.780.76
0.840.690.850.940.720.870.44-0.920.590.87-0.810.320.940.830.680.960.90.790.880.63-0.310.930.730.870.82
0.890.670.870.920.80.750.3-0.950.810.74-0.620.590.940.990.660.90.940.780.750.81-0.130.80.780.870.99
0.880.630.850.90.810.70.25-0.920.810.69-0.570.660.910.990.620.860.930.740.690.84-0.110.740.760.820.99
Click cells to compare fundamentals

Axogen Account Relationship Matchups

Axogen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.6M201.4M208.0M195.4M196.8M206.7M
Short Long Term Debt Total3.3M53.8M67.5M67.4M69.3M72.8M
Other Current Liab10.9M17.4M16.5M13.5M17.1M18.0M
Total Current Liabilities20.9M22.8M24.3M23.8M30.4M32.0M
Total Stockholder Equity132.2M123.1M112.6M101.0M95.7M100.4M
Property Plant And Equipment Net18.1M54.1M78.1M93.7M104.3M109.5M
Net Debt(32.4M)5.0M34.7M52.1M32.3M33.9M
Retained Earnings(179.9M)(203.6M)(230.6M)(259.6M)(281.3M)(267.2M)
Cash35.7M48.8M32.8M15.3M37.0M38.9M
Non Current Assets Total19.6M56.1M81.0M97.3M108.8M114.3M
Non Currrent Assets Other(19.6M)15.7M(81.0M)(97.3M)(87.6M)(83.2M)
Cash And Short Term Investments96.5M104.0M84.1M48.8M37.0M20.0M
Net Receivables16.9M17.6M18.2M22.2M25.1M26.4M
Common Stock Shares Outstanding39.2M40.0M41.2M42.1M42.9M45.0M
Liabilities And Stockholders Equity154.6M201.4M208.0M195.4M196.8M206.7M
Non Current Liabilities Total1.6M55.4M71.2M70.6M70.7M74.3M
Inventory13.9M12.5M16.7M18.9M23.0M24.2M
Other Stockholder Equity311.6M326.4M342.8M360.2M376.5M395.4M
Total Liab22.5M78.2M95.5M94.4M101.2M106.2M
Property Plant And Equipment Gross18.1M54.1M85.7M93.7M118.0M123.9M
Total Current Assets135.0M145.3M127.0M98.1M88.0M92.4M
Short Term Debt1.7M863K1.8M1.3M1.5M1.5M
Intangible Assets1.5M2.1M2.9M3.6M4.5M4.8M
Other Current Assets1.7M4.3M1.9M1.9M2.8M3.0M
Accounts Payable8.3M4.6M5.9M9.0M11.8M12.4M
Common Stock Total Equity396K406K417K424K487.6K512.0K
Common Stock396K406K417K424K431K452.6K
Other Liab164K112K15K3K2.7K2.6K
Property Plant Equipment18.1M38.4M78.1M93.7M107.7M113.1M
Net Tangible Assets130.6M121.1M109.7M97.4M112.0M58.6M
Long Term Debt1.6M52.9M65.6M66.1M46.6M33.6M
Long Term Debt Total30K52.9M65.6M66.1M76.0M79.8M
Capital Surpluse311.6M326.4M342.8M360.2M414.2M210.4M
Short Long Term Debt4.7M28K1.7M863K776.7K737.9K

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Additional Information and Resources on Investing in Axogen Stock

When determining whether Axogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axogen'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 Axogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axogen Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axogen 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 price.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Health Care Equipment & Supplies space 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 Axogen. If investors know Axogen 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 Axogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.49)
Revenue Per Share
3.804
Quarterly Revenue Growth
0.129
Return On Assets
(0.06)
Return On Equity
(0.22)
The market value of Axogen Inc is measured differently than its book value, which is the value of Axogen that is recorded on the company's balance sheet. Investors also form their own opinion of Axogen's value that differs from its market value or its book value, called intrinsic value, which is Axogen'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 Axogen's market value can be influenced by many factors that don't directly affect Axogen'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 Axogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axogen'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.