Emergent Deferred Long Term Liab vs Total Current Assets Analysis

EBS Stock  USD 6.04  0.13  2.11%   
Emergent Biosolutions financial indicator trend analysis is much more than just examining Emergent Biosolutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emergent Biosolutions is a good investment. Please check the relationship between Emergent Biosolutions Deferred Long Term Liab and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emergent Biosolutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Emergent Stock please use our How to Invest in Emergent Biosolutions guide.

Deferred Long Term Liab vs Total Current Assets

Deferred Long Term Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emergent Biosolutions Deferred Long Term Liab account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Emergent Biosolutions' Deferred Long Term Liab and Total Current Assets is 0.69. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Emergent Biosolutions, assuming nothing else is changed. The correlation between historical values of Emergent Biosolutions' Deferred Long Term Liab and Total 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 Deferred Long Term Liab of Emergent Biosolutions are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Deferred Long Term Liab i.e., Emergent Biosolutions' Deferred Long Term Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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.
Most indicators from Emergent Biosolutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emergent Biosolutions 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emergent Biosolutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Emergent Stock please use our How to Invest in Emergent Biosolutions guide.At this time, Emergent Biosolutions' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 8.8 M in 2024, whereas Tax Provision is likely to drop slightly above 48.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses640.9M593.2M682.2M716.3M
Cost Of Revenue757.5M693.7M797.8M837.6M

Emergent Biosolutions fundamental ratios Correlations

0.960.430.790.970.850.880.750.530.870.830.760.460.870.440.620.660.450.820.830.790.990.770.720.790.64
0.960.570.90.880.890.940.750.510.850.870.870.350.850.360.610.520.420.840.850.660.990.80.840.820.64
0.430.570.730.270.770.590.750.680.40.780.78-0.490.40.40.66-0.210.520.790.71-0.160.530.810.610.740.67
0.790.90.730.680.880.820.760.440.810.810.960.120.810.130.460.210.210.820.840.380.840.820.970.710.51
0.970.880.270.680.780.750.70.460.870.720.640.570.870.420.520.750.360.740.770.870.920.690.620.660.56
0.850.890.770.880.780.820.950.720.780.950.91-0.030.780.520.740.30.560.980.950.380.880.970.770.880.76
0.880.940.590.820.750.820.640.50.630.880.80.240.630.480.70.430.510.790.730.570.930.70.760.890.7
0.750.750.750.760.70.950.640.810.750.890.83-0.140.750.530.720.190.610.950.940.250.760.980.620.80.74
0.530.510.680.440.460.720.50.810.40.790.6-0.360.40.790.920.170.880.810.660.060.560.810.240.790.93
0.870.850.40.810.870.780.630.750.40.650.760.451.00.10.340.530.170.710.820.650.850.750.780.520.38
0.830.870.780.810.720.950.880.890.790.650.88-0.090.650.650.870.260.720.970.860.350.880.930.680.980.86
0.760.870.780.960.640.910.80.830.60.760.88-0.040.760.260.610.130.380.880.820.280.820.890.890.790.63
0.460.35-0.490.120.57-0.030.24-0.14-0.360.45-0.09-0.040.45-0.22-0.260.76-0.33-0.110.050.870.38-0.170.22-0.11-0.2
0.870.850.40.810.870.780.630.750.41.00.650.760.450.10.340.530.170.710.820.650.850.750.780.520.38
0.440.360.40.130.420.520.480.530.790.10.650.26-0.220.10.880.320.910.610.410.20.450.54-0.060.720.85
0.620.610.660.460.520.740.70.720.920.340.870.61-0.260.340.880.270.950.820.620.20.670.760.280.920.98
0.660.52-0.210.210.750.30.430.190.170.530.260.130.760.530.320.270.190.270.310.880.580.20.210.250.32
0.450.420.520.210.360.560.510.610.880.170.720.38-0.330.170.910.950.190.660.470.080.490.620.010.790.89
0.820.840.790.820.740.980.790.950.810.710.970.88-0.110.710.610.820.270.660.920.330.850.980.680.910.83
0.830.850.710.840.770.950.730.940.660.820.860.820.050.820.410.620.310.470.920.380.840.920.740.770.66
0.790.66-0.160.380.870.380.570.250.060.650.350.280.870.650.20.20.880.080.330.380.710.250.40.340.24
0.990.990.530.840.920.880.930.760.560.850.880.820.380.850.450.670.580.490.850.840.710.80.770.840.68
0.770.80.810.820.690.970.70.980.810.750.930.89-0.170.750.540.760.20.620.980.920.250.80.670.840.76
0.720.840.610.970.620.770.760.620.240.780.680.890.220.78-0.060.280.210.010.680.740.40.770.670.570.34
0.790.820.740.710.660.880.890.80.790.520.980.79-0.110.520.720.920.250.790.910.770.340.840.840.570.89
0.640.640.670.510.560.760.70.740.930.380.860.63-0.20.380.850.980.320.890.830.660.240.680.760.340.89
Click cells to compare fundamentals

Emergent Biosolutions Account Relationship Matchups

Emergent Biosolutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.9B3.0B3.2B3.6B3.8B
Short Long Term Debt Total811.3M874.8M841M1.4B1.6B1.7B
Other Current Liab6.7M83.1M72.9M169.1M142.7M149.8M
Total Stockholder Equity1.1B1.4B1.6B1.4B1.6B1.7B
Net Debt643.5M253.5M264.9M763.2M877.7M921.6M
Cash167.8M621.3M576.1M642.6M739.0M775.9M
Other Assets65.6M115M57.3M191.3M220.0M231.0M
Cash And Short Term Investments167.8M621.3M576.1M642.6M739.0M775.9M
Common Stock Shares Outstanding52.4M53.8M54.1M50.1M57.6M41.4M
Liabilities And Stockholders Equity2.3B2.9B3.0B3.2B3.6B3.8B
Other Stockholder Equity676.5M745.3M677.2M645.8M742.7M779.8M
Total Liab1.2B1.4B1.3B1.8B2.1B2.2B
Other Liab199.9M210.7M156.8M90.4M104.0M66.7M
Current Deferred Revenue101.9M131.5M140.4M26.4M30.4M28.1M
Long Term Debt798.4M841M809.4M448.5M446.5M290.2M
Property Plant And Equipment Gross542.3M644.1M800.1M817.6M794.2M833.9M
Accumulated Other Comprehensive Income(9.9M)(25.3M)(16.1M)3.1M2.8M2.9M
Property Plant Equipment542.3M644.1M800.1M817.6M940.2M987.3M
Retained Earnings Total Equity421.8M726.9M957.8M734M844.1M440.2M
Deferred Long Term Liab63.9M53.2M94.9M71.8M82.6M86.7M

Pair Trading with Emergent Biosolutions

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 Emergent Biosolutions 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 Emergent Biosolutions will appreciate offsetting losses from the drop in the long position's value.

Moving together with Emergent Stock

  0.68ELUT Elutia Inc Symbol ChangePairCorr

Moving against Emergent Stock

  0.93LYRA Lyra TherapeuticsPairCorr
  0.67VRDN Viridian Therapeutics Earnings Call This WeekPairCorr
  0.62RGEN RepligenPairCorr
  0.55ETNB 89bio IncPairCorr
  0.55XFOR X4 PharmaceuticalsPairCorr
The ability to find closely correlated positions to Emergent Biosolutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emergent Biosolutions 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 Emergent Biosolutions - 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 Emergent Biosolutions to buy it.
The correlation of Emergent Biosolutions 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 Emergent Biosolutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emergent Biosolutions 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 Emergent Biosolutions 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 CorrelationCorrelation Matching

Additional Tools for Emergent Stock Analysis

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