NeoGenomics Total Liab vs Other Current Liab Analysis

NEO Stock  USD 14.80  0.19  1.27%   
NeoGenomics financial indicator trend analysis is infinitely more than just investigating NeoGenomics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NeoGenomics is a good investment. Please check the relationship between NeoGenomics Total Liab and its Other Current Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoGenomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.

Total Liab vs Other Current Liab

Total Liab vs Other Current Liab Correlation Analysis

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

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Current Liab

Most indicators from NeoGenomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NeoGenomics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoGenomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.At this time, NeoGenomics' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.74, while Tax Provision is likely to drop (9.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense5.1M1.5M6.9M7.3M
Depreciation And Amortization53.4M69.2M72.6M76.2M

NeoGenomics fundamental ratios Correlations

0.640.930.990.87-0.690.50.960.98-0.190.890.980.990.99-0.190.991.00.790.960.980.930.980.78-0.070.280.93
0.640.610.60.66-0.67-0.260.630.58-0.150.550.690.690.59-0.150.580.670.450.590.680.680.690.320.28-0.120.59
0.930.610.940.78-0.680.590.880.86-0.330.960.890.910.91-0.330.930.940.770.870.890.860.890.720.010.330.98
0.990.60.940.82-0.630.550.960.98-0.20.90.960.970.99-0.21.00.990.80.960.960.940.960.81-0.030.350.95
0.870.660.780.82-0.760.30.740.8-0.150.70.930.920.8-0.150.810.90.590.810.90.780.930.56-0.37-0.080.74
-0.69-0.67-0.68-0.63-0.76-0.18-0.67-0.610.17-0.62-0.75-0.75-0.630.17-0.63-0.71-0.54-0.7-0.77-0.45-0.77-0.390.250.09-0.67
0.5-0.260.590.550.3-0.180.450.48-0.220.610.40.420.52-0.220.560.480.520.50.410.360.40.53-0.280.530.61
0.960.630.880.960.74-0.670.450.98-0.160.850.940.940.98-0.160.970.940.820.970.960.880.940.770.070.370.9
0.980.580.860.980.8-0.610.480.98-0.150.830.960.960.99-0.150.980.960.790.970.970.920.960.79-0.030.350.87
-0.19-0.15-0.33-0.2-0.150.17-0.22-0.16-0.15-0.52-0.16-0.18-0.191.0-0.2-0.19-0.36-0.17-0.16-0.21-0.160.23-0.03-0.08-0.31
0.890.550.960.90.7-0.620.610.850.83-0.520.830.860.88-0.520.90.890.80.840.840.830.840.630.030.360.97
0.980.690.890.960.93-0.750.40.940.96-0.160.831.00.96-0.160.960.990.760.961.00.91.00.73-0.160.160.88
0.990.690.910.970.92-0.750.420.940.96-0.180.861.00.97-0.180.960.990.770.961.00.911.00.73-0.140.180.9
0.990.590.910.990.8-0.630.520.980.99-0.190.880.960.97-0.190.990.970.80.970.970.930.960.79-0.010.370.92
-0.19-0.15-0.33-0.2-0.150.17-0.22-0.16-0.151.0-0.52-0.16-0.18-0.19-0.2-0.19-0.36-0.17-0.16-0.21-0.160.23-0.03-0.08-0.31
0.990.580.931.00.81-0.630.560.970.98-0.20.90.960.960.99-0.20.980.780.950.960.930.960.81-0.010.40.94
1.00.670.940.990.9-0.710.480.940.96-0.190.890.990.990.97-0.190.980.780.950.980.930.990.77-0.110.220.93
0.790.450.770.80.59-0.540.520.820.79-0.360.80.760.770.8-0.360.780.780.850.770.720.760.48-0.090.110.8
0.960.590.870.960.81-0.70.50.970.97-0.170.840.960.960.97-0.170.950.950.850.960.860.960.7-0.070.290.88
0.980.680.890.960.9-0.770.410.960.97-0.160.841.01.00.97-0.160.960.980.770.960.891.00.74-0.130.190.89
0.930.680.860.940.78-0.450.360.880.92-0.210.830.90.910.93-0.210.930.930.720.860.890.890.730.110.280.86
0.980.690.890.960.93-0.770.40.940.96-0.160.841.01.00.96-0.160.960.990.760.961.00.890.72-0.150.160.88
0.780.320.720.810.56-0.390.530.770.790.230.630.730.730.790.230.810.770.480.70.740.730.72-0.020.410.75
-0.070.280.01-0.03-0.370.25-0.280.07-0.03-0.030.03-0.16-0.14-0.01-0.03-0.01-0.11-0.09-0.07-0.130.11-0.15-0.020.530.05
0.28-0.120.330.35-0.080.090.530.370.35-0.080.360.160.180.37-0.080.40.220.110.290.190.280.160.410.530.38
0.930.590.980.950.74-0.670.610.90.87-0.310.970.880.90.92-0.310.940.930.80.880.890.860.880.750.050.38
Click cells to compare fundamentals

NeoGenomics Account Relationship Matchups

NeoGenomics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets709.5M988.3M1.9B1.7B1.7B1.8B
Other Current Liab(1.6M)(4.0M)56.1M(7.6M)68.2M71.6M
Total Current Liabilities63.9M73.2M87.2M89.9M96.3M101.1M
Total Stockholder Equity507.4M694.3M1.1B998.0M941.5M988.6M
Net Debt(40.1M)(10.5M)296.0M347.7M269.2M282.7M
Retained Earnings(11.4M)(7.2M)(14.8M)(159.1M)(247.1M)(234.7M)
Accounts Payable50.1M65.4M17.9M83.3M20.3M16.6M
Cash173.0M228.7M316.8M263.2M342.5M359.6M
Cash And Short Term Investments173.0M296.3M515.4M438.0M415.2M436.0M
Common Stock Total Equity105K112K124K127K114.3K102.7K
Common Stock Shares Outstanding103.6M111.8M120.0M124.2M125.5M131.8M
Liabilities And Stockholders Equity709.5M988.3M1.9B1.7B1.7B1.8B
Non Current Liabilities Total138.2M220.9M674.3M652.1M643.4M675.6M
Total Liab202.1M294.0M761.5M742.0M739.7M776.7M
Total Current Assets290.7M448.7M681.5M605.3M596.8M626.7M
Common Stock105K112K124K127K114.3K102.7K
Property Plant And Equipment Net90.7M151.9M211.7M198.6M183.8M193.0M
Non Current Assets Total418.8M539.6M1.2B1.1B1.1B1.1B
Other Current Assets9.1M4.6M8.2M8.1M8.2M8.7M
Other Stockholder Equity520.3M701.4M1.1B1.2B1.2B1.2B
Property Plant And Equipment Gross90.7M131.7M321.6M330.5M342.0M359.1M
Accumulated Other Comprehensive Income(1.6M)10K(638K)(3.9M)(1.7M)(1.8M)
Property Plant Equipment64.2M85.9M211.7M102.5M117.9M123.8M
Short Long Term Debt Total132.9M218.2M612.8M610.9M611.7M642.3M
Current Deferred Revenue1.6M4.0M5.2M7.6M2.1M2.2M
Non Currrent Assets Other2.8M21.0M7.2M(29.7M)4.7M5.0M
Other Assets2.8M54.4M7.2M5.1M5.9M3.8M
Net Receivables94.2M106.8M112.1M119.7M131.2M137.8M
Inventory14.4M29.5M23.4M24.3M24.2M25.4M
Short Term Debt13.8M7.8M8.0M6.7M5.6M7.7M
Long Term Debt91.8M168.1M532.5M535.3M538.2M565.1M
Other Liab17.1M10.4M69.5M47.8M55.0M57.7M
Net Tangible Assets182.2M362.6M138.8M67.0M77.0M70.4M
Good Will198.6M211.1M527.1M522.8M601.2M631.2M
Retained Earnings Total Equity(11.4M)(7.2M)(14.8M)(159.1M)(143.2M)(136.0M)
Long Term Debt Total115.9M168.1M532.5M535.3M615.6M646.4M
Capital Surpluse520.3M701.4M1.1B1.2B1.3B1.4B
Capital Lease Obligations24.0M50.1M80.3M75.6M73.5M77.2M
Deferred Long Term Liab15.6M5.4M55.5M34.8M40.0M42.0M

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When determining whether NeoGenomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NeoGenomics' 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 Neogenomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neogenomics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoGenomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.
Note that the NeoGenomics information on this page should be used as a complementary analysis to other NeoGenomics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running NeoGenomics' price analysis, check to measure NeoGenomics' 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 NeoGenomics is operating at the current time. Most of NeoGenomics' value examination focuses on studying past and present price action to predict the probability of NeoGenomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoGenomics' price. Additionally, you may evaluate how the addition of NeoGenomics to your portfolios can decrease your overall portfolio volatility.
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Is NeoGenomics' 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 NeoGenomics. If investors know NeoGenomics 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 NeoGenomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.306
Earnings Share
(0.66)
Revenue Per Share
4.855
Quarterly Revenue Growth
0.139
Return On Assets
(0.03)
The market value of NeoGenomics is measured differently than its book value, which is the value of NeoGenomics that is recorded on the company's balance sheet. Investors also form their own opinion of NeoGenomics' value that differs from its market value or its book value, called intrinsic value, which is NeoGenomics' 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 NeoGenomics' market value can be influenced by many factors that don't directly affect NeoGenomics' 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 NeoGenomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoGenomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoGenomics' 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.