Cryoport Total Stockholder Equity vs Non Current Liabilities Total Analysis

CYRX Stock  USD 9.39  0.11  1.16%   
Cryoport financial indicator trend analysis is way more than just evaluating Cryoport prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cryoport is a good investment. Please check the relationship between Cryoport Total Stockholder Equity and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cryoport Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cryoport's Total Stockholder Equity and Non Current Liabilities Total is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Cryoport, assuming nothing else is changed. The correlation between historical values of Cryoport's Total Stockholder Equity and Non Current Liabilities Total 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 Stockholder Equity of Cryoport are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., Cryoport's Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Liabilities Total

Most indicators from Cryoport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cryoport 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 Cryoport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.At this time, Cryoport's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses114.4M135.8M141.7M148.8M
Cost Of Revenue126.0M133.4M150.2M157.7M

Cryoport fundamental ratios Correlations

0.990.960.980.990.950.39-0.950.98-0.160.970.970.990.550.890.990.38-0.110.990.990.860.980.860.95-0.190.92
0.990.950.960.960.960.39-0.970.94-0.150.940.980.970.530.851.00.4-0.10.991.00.890.990.880.91-0.180.93
0.960.950.990.950.980.39-0.950.96-0.160.970.910.980.50.890.950.37-0.110.980.960.940.930.90.95-0.190.95
0.980.960.990.980.960.39-0.930.99-0.160.990.920.990.540.890.960.38-0.110.980.970.90.930.890.99-0.190.95
0.990.960.950.980.920.39-0.910.99-0.160.980.960.990.550.90.960.36-0.120.980.970.820.970.820.97-0.20.89
0.950.960.980.960.920.38-0.980.93-0.150.930.910.960.510.870.960.4-0.10.970.970.980.930.920.91-0.180.98
0.390.390.390.390.390.38-0.340.38-0.970.380.380.390.280.30.39-0.680.060.380.390.360.380.370.38-0.980.38
-0.95-0.97-0.95-0.93-0.91-0.98-0.34-0.90.1-0.9-0.94-0.94-0.5-0.89-0.97-0.440.07-0.98-0.97-0.94-0.95-0.9-0.860.13-0.94
0.980.940.960.990.990.930.38-0.9-0.151.00.910.990.530.880.950.37-0.10.960.950.840.930.840.99-0.180.92
-0.16-0.15-0.16-0.16-0.16-0.15-0.970.1-0.15-0.16-0.14-0.16-0.16-0.1-0.150.83-0.1-0.14-0.15-0.14-0.15-0.16-0.161.0-0.16
0.970.940.970.990.980.930.38-0.91.0-0.160.890.990.530.880.940.37-0.110.960.950.860.910.841.0-0.190.93
0.970.980.910.920.960.910.38-0.940.91-0.140.890.930.530.850.980.37-0.110.970.980.821.00.820.86-0.180.85
0.990.970.980.990.990.960.39-0.940.99-0.160.990.930.530.910.970.38-0.110.990.970.890.950.860.98-0.190.95
0.550.530.50.540.550.510.28-0.50.53-0.160.530.530.530.460.530.13-0.390.530.530.460.540.590.52-0.180.49
0.890.850.890.890.90.870.3-0.890.88-0.10.880.850.910.460.850.37-0.160.910.860.810.860.710.86-0.130.82
0.991.00.950.960.960.960.39-0.970.95-0.150.940.980.970.530.850.4-0.10.991.00.890.990.880.91-0.180.93
0.380.40.370.380.360.4-0.68-0.440.370.830.370.370.380.130.370.4-0.140.40.40.40.370.360.350.820.4
-0.11-0.1-0.11-0.11-0.12-0.10.060.07-0.1-0.1-0.11-0.11-0.11-0.39-0.16-0.1-0.14-0.1-0.1-0.09-0.11-0.14-0.11-0.09-0.08
0.990.990.980.980.980.970.38-0.980.96-0.140.960.970.990.530.910.990.4-0.10.990.910.980.880.94-0.180.94
0.991.00.960.970.970.970.39-0.970.95-0.150.950.980.970.530.861.00.4-0.10.990.90.990.890.92-0.180.94
0.860.890.940.90.820.980.36-0.940.84-0.140.860.820.890.460.810.890.4-0.090.910.90.840.910.83-0.160.97
0.980.990.930.930.970.930.38-0.950.93-0.150.911.00.950.540.860.990.37-0.110.980.990.840.830.88-0.180.87
0.860.880.90.890.820.920.37-0.90.84-0.160.840.820.860.590.710.880.36-0.140.880.890.910.830.82-0.180.9
0.950.910.950.990.970.910.38-0.860.99-0.161.00.860.980.520.860.910.35-0.110.940.920.830.880.82-0.190.91
-0.19-0.18-0.19-0.19-0.2-0.18-0.980.13-0.181.0-0.19-0.18-0.19-0.18-0.13-0.180.82-0.09-0.18-0.18-0.16-0.18-0.18-0.19-0.18
0.920.930.950.950.890.980.38-0.940.92-0.160.930.850.950.490.820.930.4-0.080.940.940.970.870.90.91-0.18
Click cells to compare fundamentals

Cryoport Account Relationship Matchups

Cryoport fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets135.9M552.4M1.1B1.0B957.7M1.0B
Short Long Term Debt Total4.8M130.9M427.1M435.9M416.0M436.8M
Other Current Liab1.9M7.4M9.9M8.5M12.4M13.1M
Total Current Liabilities5.5M35.0M42.6M40.9M45.6M47.9M
Total Stockholder Equity126.3M382.7M641.8M555.8M489.0M513.5M
Property Plant And Equipment Net16.3M44.1M69.7M90.5M117.5M123.4M
Net Debt(42.4M)94.0M288.0M399.3M369.7M388.1M
Retained Earnings(159.3M)(192.0M)(467.5M)(542.8M)(642.4M)(610.3M)
Accounts Payable2.5M24.8M28.6M28.0M26.1M27.4M
Cash47.2M36.9M139.1M36.6M46.3M44.0M
Non Current Assets Total32.9M405.2M419.5M434.6M422.6M443.8M
Cash And Short Term Investments94.3M93.3M628.8M523.3M456.8M479.6M
Net Receivables7.1M31.4M39.4M43.9M42.1M44.2M
Common Stock Total Equity30.3K37.3K40K50K57.5K35.5K
Common Stock Shares Outstanding33.4M38.6M45.9M49.0M48.7M51.2M
Liabilities And Stockholders Equity135.9M552.4M1.1B1.0B957.7M1.0B
Non Current Liabilities Total4.1M134.7M428.5M442.1M423.1M444.3M
Inventory474.0K10.5M16.5M27.7M26.2M27.5M
Other Current Assets1.1M11.9M8.8M9.3M10.1M17.0M
Other Stockholder Equity285.6M566.5M1.1B1.1B1.1B1.2B
Total Liab9.6M169.7M471.1M482.9M468.7M492.2M
Property Plant And Equipment Gross16.3M44.1M49.0M90.5M154.1M161.8M
Total Current Assets103.0M147.2M693.5M604.2M535.1M561.9M
Accumulated Other Comprehensive Income(45.1K)5.4M(1.2M)(34.5M)(26.1M)(24.8M)
Short Term Debt690.5K2.3M3.6M3.9M5.8M6.1M
Intangible Assets5.2M213.9M201.4M191.0M194.4M204.1M
Common Stock37.3K40K50K48K49K46.6K
Other Liab21K6.1M5.0M10.1M11.6M12.1M
Non Currrent Assets Other437.3K2.0M1.4M1.0M1.7M1.8M
Other Assets437K16.0M1.4M2.0M1.00.95
Short Term Investments47.1M56.4M489.7M486.7M410.4M430.9M
Property Plant Equipment16.3M30.0M69.7M90.5M104.1M109.3M
Current Deferred Revenue367.9K445K547K439K1.3M1.4M
Net Tangible Assets110.1M379.9M293.4M195.4M224.8M236.0M
Retained Earnings Total Equity(141.0M)(159.3M)(192.0M)(467.5M)(420.8M)(399.7M)
Capital Surpluse179.5M285.6M566.5M1.1B1.3B1.3B

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