OraSure Current Deferred Revenue vs Total Stockholder Equity Analysis
OSUR Stock | USD 5.33 0.04 0.76% |
OraSure Technologies financial indicator trend analysis is much more than just breaking down OraSure Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OraSure Technologies is a good investment. Please check the relationship between OraSure Technologies Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OraSure Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OraSure Technologies Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OraSure Technologies' Current Deferred Revenue and Total Stockholder Equity is -0.31. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of OraSure Technologies, assuming nothing else is changed. The correlation between historical values of OraSure Technologies' Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of OraSure Technologies are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., OraSure Technologies' Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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.Most indicators from OraSure Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OraSure Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OraSure Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.As of 05/03/2024, Selling General Administrative is likely to drop to about 33 M. In addition to that, Tax Provision is likely to drop to about 1.7 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 233.7M | 387.5M | 405.5M | 425.7M | Interest Expense | 16.3M | 10.4M | 12.0M | 6.7M |
OraSure Technologies fundamental ratios Correlations
Click cells to compare fundamentals
OraSure Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OraSure Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 349.3M | 454.5M | 461.0M | 444.7M | 482.8M | 507.0M | |
Other Current Liab | 17.8M | 22.6M | 34.0M | 25.8M | 22.7M | 23.8M | |
Total Current Liabilities | 32.7M | 46.5M | 68.1M | 70.4M | 39.5M | 41.5M | |
Total Stockholder Equity | 307.1M | 398.6M | 380.5M | 363.6M | 430.7M | 452.2M | |
Property Plant And Equipment Net | 37.3M | 51.9M | 88.2M | 59.4M | 58.3M | 61.2M | |
Net Debt | (70.1M) | (154.7M) | (104.5M) | (71.4M) | (276.9M) | (263.1M) | |
Retained Earnings | (82.5M) | (97.5M) | (120.5M) | (138.4M) | (83.9M) | (88.1M) | |
Accounts Payable | 9.6M | 17.4M | 28.0M | 39.3M | 13.2M | 13.8M | |
Cash | 75.7M | 160.8M | 116.8M | 84.0M | 290.4M | 304.9M | |
Non Current Assets Total | 124.7M | 165.6M | 172.6M | 119.0M | 96.4M | 101.2M | |
Non Currrent Assets Other | 2.3M | 6.6M | 10.5M | 12.4M | 12K | 11.4K | |
Cash And Short Term Investments | 156.3M | 209.4M | 153.0M | 110.8M | 290.4M | 304.9M | |
Net Receivables | 36.9M | 38.8M | 65.0M | 70.8M | 40.2M | 42.2M | |
Common Stock Shares Outstanding | 62.2M | 67.5M | 72.0M | 72.5M | 74.4M | 44.7M | |
Liabilities And Stockholders Equity | 349.3M | 454.5M | 461.0M | 444.7M | 482.8M | 507.0M | |
Non Current Liabilities Total | 9.4M | 9.4M | 12.4M | 10.7M | 12.6M | 13.3M | |
Inventory | 23.2M | 31.9M | 53.1M | 96.2M | 47.6M | 50.0M | |
Other Current Assets | 8.1M | 8.8M | 17.3M | 47.8M | 8.3M | 9.7M | |
Other Stockholder Equity | 401.8M | 505.1M | 511.1M | 520.4M | 529.5M | 556.0M | |
Total Liab | 42.2M | 55.9M | 80.5M | 81.1M | 52.2M | 54.8M | |
Property Plant And Equipment Gross | 37.3M | 57.6M | 160.9M | 141.0M | 143.4M | 150.6M | |
Total Current Assets | 224.6M | 288.9M | 288.4M | 325.7M | 386.5M | 405.8M | |
Accumulated Other Comprehensive Income | (12.1M) | (9.1M) | (10.1M) | (18.4M) | (14.9M) | (14.2M) | |
Intangible Assets | 14.7M | 17.9M | 14.3M | 11.7M | 1.2M | 1.1M | |
Short Term Investments | 83.0M | 68.1M | 80.6M | 48.6M | 36.3M | 26.9M | |
Common Stock | 258.1M | 283.4M | 307.1M | 380.5M | 437.6M | 459.5M | |
Other Liab | 3.9M | 4.9M | 12.4M | 1.1M | 1.3M | 2.4M | |
Other Assets | 3.2M | 7.7M | 50.4K | 60.6K | 54.6K | 51.8K | |
Property Plant Equipment | 37.3M | 51.9M | 88.2M | 59.4M | 68.3M | 71.7M | |
Current Deferred Revenue | 3.7M | 4.8M | 2.9M | 2.3M | 1.6M | 1.5M | |
Net Tangible Assets | 256.3M | 340.3M | 325.9M | 316.8M | 364.3M | 221.1M | |
Good Will | 36.2M | 40.4M | 40.3M | 35.1M | 35.7M | 30.4M | |
Capital Surpluse | 401.8M | 505.1M | 511.1M | 520.4M | 598.5M | 429.9M | |
Non Current Liabilities Other | 3.0M | 8.2M | 12.4M | 10.7M | 696K | 661.2K | |
Net Invested Capital | 307.1M | 398.6M | 380.5M | 363.6M | 430.7M | 380.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OraSure Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OraSure Technologies' short interest history, or implied volatility extrapolated from OraSure Technologies options trading.
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Is OraSure Technologies' 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 OraSure Technologies. If investors know OraSure 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 OraSure Technologies 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 0.296 | Earnings Share 0.72 | Revenue Per Share 5.528 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0729 |
The market value of OraSure Technologies is measured differently than its book value, which is the value of OraSure that is recorded on the company's balance sheet. Investors also form their own opinion of OraSure Technologies' value that differs from its market value or its book value, called intrinsic value, which is OraSure Technologies' 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 OraSure Technologies' market value can be influenced by many factors that don't directly affect OraSure Technologies' 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 OraSure Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if OraSure Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OraSure Technologies' 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.