OraSure Good Will vs Net Receivables 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 Good Will and its Net Receivables 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.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OraSure Technologies Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between OraSure Technologies' Good Will and Net Receivables is 0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables 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' Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of OraSure Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., OraSure Technologies' Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

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 05/02/2024, 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

Total Revenue Interest Expense

OraSure Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Common Stock
Total Assets		0.74	0.88	0.83	1.0	0.9	-0.72	0.13	0.74	0.74	0.83	0.49	0.86	0.86	0.71	0.94	0.79	0.38	0.95	0.88	0.85	0.98	-0.28	-0.31	0.31	0.89
Short Long Term Debt Total	0.74		0.73	0.83	0.71	0.82	-0.49	-0.18	0.75	0.51	0.63	0.53	0.5	0.78	0.76	0.81	0.81	0.63	0.77	0.84	0.84	0.72	0.01	-0.03	-0.05	0.56
Other Current Liab	0.88	0.73		0.88	0.86	0.9	-0.45	0.21	0.79	0.48	0.81	0.64	0.65	0.92	0.63	0.87	0.76	0.52	0.78	0.9	0.82	0.83	-0.46	-0.31	0.42	0.85
Total Current Liabilities	0.83	0.83	0.88		0.78	0.9	-0.32	-0.07	0.95	0.35	0.84	0.82	0.46	0.95	0.71	0.83	0.9	0.72	0.8	0.99	0.83	0.75	-0.14	-0.04	0.27	0.71
Total Stockholder Equity	1.0	0.71	0.86	0.78		0.88	-0.76	0.16	0.69	0.77	0.81	0.44	0.9	0.83	0.69	0.92	0.76	0.32	0.94	0.84	0.83	0.98	-0.29	-0.34	0.31	0.89
Property Plant And Equipment Net	0.9	0.82	0.9	0.9	0.88		-0.57	0.11	0.81	0.6	0.85	0.64	0.66	0.87	0.62	0.94	0.81	0.5	0.83	0.94	0.94	0.84	-0.2	-0.19	0.14	0.8
Net Debt	-0.72	-0.49	-0.45	-0.32	-0.76	-0.57		-0.1	-0.2	-1.0	-0.35	0.11	-0.93	-0.33	-0.39	-0.7	-0.4	0.11	-0.72	-0.41	-0.64	-0.8	0.1	0.43	0.19	-0.57
Retained Earnings	0.13	-0.18	0.21	-0.07	0.16	0.11	-0.1		0.01	0.12	0.02	-0.03	0.21	0.06	-0.42	0.11	0.05	-0.09	-0.19	-0.03	0.17	0.16	-0.66	-0.66	0.25	0.54
Accounts Payable	0.74	0.75	0.79	0.95	0.69	0.81	-0.2	0.01		0.24	0.72	0.9	0.34	0.93	0.6	0.7	0.95	0.78	0.69	0.93	0.78	0.68	-0.2	-0.14	0.25	0.69
Cash	0.74	0.51	0.48	0.35	0.77	0.6	-1.0	0.12	0.24		0.36	-0.09	0.93	0.36	0.36	0.73	0.44	-0.05	0.72	0.45	0.69	0.82	-0.11	-0.43	-0.2	0.61
Non Current Assets Total	0.83	0.63	0.81	0.84	0.81	0.85	-0.35	0.02	0.72	0.36		0.66	0.54	0.8	0.72	0.79	0.62	0.43	0.79	0.85	0.64	0.7	-0.15	0.11	0.45	0.7
Non Currrent Assets Other	0.49	0.53	0.64	0.82	0.44	0.64	0.11	-0.03	0.9	-0.09	0.66		0.03	0.78	0.5	0.43	0.74	0.69	0.45	0.78	0.53	0.39	-0.24	0.0	0.32	0.45
Cash And Short Term Investments	0.86	0.5	0.65	0.46	0.9	0.66	-0.93	0.21	0.34	0.93	0.54	0.03		0.53	0.51	0.79	0.48	-0.04	0.82	0.55	0.66	0.91	-0.27	-0.48	0.18	0.77
Net Receivables	0.86	0.78	0.92	0.95	0.83	0.87	-0.33	0.06	0.93	0.36	0.8	0.78	0.53		0.7	0.81	0.9	0.66	0.81	0.96	0.81	0.81	-0.31	-0.22	0.44	0.8
Common Stock Shares Outstanding	0.71	0.76	0.63	0.71	0.69	0.62	-0.39	-0.42	0.6	0.36	0.72	0.5	0.51	0.7		0.62	0.56	0.35	0.83	0.72	0.47	0.64	0.01	0.13	0.36	0.42
Non Current Liabilities Total	0.94	0.81	0.87	0.83	0.92	0.94	-0.7	0.11	0.7	0.73	0.79	0.43	0.79	0.81	0.62		0.78	0.47	0.88	0.88	0.91	0.91	-0.18	-0.2	0.12	0.81
Inventory	0.79	0.81	0.76	0.9	0.76	0.81	-0.4	0.05	0.95	0.44	0.62	0.74	0.48	0.9	0.56	0.78		0.77	0.74	0.91	0.87	0.79	-0.19	-0.25	0.1	0.73
Other Current Assets	0.38	0.63	0.52	0.72	0.32	0.5	0.11	-0.09	0.78	-0.05	0.43	0.69	-0.04	0.66	0.35	0.47	0.77		0.35	0.66	0.54	0.33	-0.02	0.15	0.02	0.35
Other Stockholder Equity	0.95	0.77	0.78	0.8	0.94	0.83	-0.72	-0.19	0.69	0.72	0.79	0.45	0.82	0.81	0.83	0.88	0.74	0.35		0.85	0.76	0.92	-0.08	-0.13	0.23	0.7
Total Liab	0.88	0.84	0.9	0.99	0.84	0.94	-0.41	-0.03	0.93	0.45	0.85	0.78	0.55	0.96	0.72	0.88	0.91	0.66	0.85		0.87	0.82	-0.17	-0.11	0.26	0.76
Property Plant And Equipment Gross	0.85	0.84	0.82	0.83	0.83	0.94	-0.64	0.17	0.78	0.69	0.64	0.53	0.66	0.81	0.47	0.91	0.87	0.54	0.76	0.87		0.85	-0.18	-0.35	-0.07	0.79
Total Current Assets	0.98	0.72	0.83	0.75	0.98	0.84	-0.8	0.16	0.68	0.82	0.7	0.39	0.91	0.81	0.64	0.91	0.79	0.33	0.92	0.82	0.85		-0.3	-0.44	0.23	0.88
Short Term Debt	-0.28	0.01	-0.46	-0.14	-0.29	-0.2	0.1	-0.66	-0.2	-0.11	-0.15	-0.24	-0.27	-0.31	0.01	-0.18	-0.19	-0.02	-0.08	-0.17	-0.18	-0.3		0.67	-0.47	-0.51
Intangible Assets	-0.31	-0.03	-0.31	-0.04	-0.34	-0.19	0.43	-0.66	-0.14	-0.43	0.11	0.0	-0.48	-0.22	0.13	-0.2	-0.25	0.15	-0.13	-0.11	-0.35	-0.44	0.67		-0.15	-0.55
Short Term Investments	0.31	-0.05	0.42	0.27	0.31	0.14	0.19	0.25	0.25	-0.2	0.45	0.32	0.18	0.44	0.36	0.12	0.1	0.02	0.23	0.26	-0.07	0.23	-0.47	-0.15		0.42
Common Stock	0.89	0.56	0.85	0.71	0.89	0.8	-0.57	0.54	0.69	0.61	0.7	0.45	0.77	0.8	0.42	0.81	0.73	0.35	0.7	0.76	0.79	0.88	-0.51	-0.55	0.42

Click cells to compare fundamentals

OraSure Technologies Account Relationship Matchups

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

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When determining whether OraSure Technologies is a strong investment it is important to analyze OraSure Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OraSure Technologies' future performance. For an informed investment choice regarding OraSure Stock, refer to the following important reports:

How To Invest In OraSure

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Is OraSure Stock a good investment?

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What is OraSure Technologies' Net Worth?

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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.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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

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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.

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OraSure Good Will vs Net Receivables Analysis

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

Correlation Coefficient

Good Will

Net Receivables

OraSure Technologies fundamental ratios Correlations

OraSure Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

OraSure Technologies fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.96	Net Receivables
Other Stockholder Equity	+ 0.95	Total Assets

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Total Current Assets	- 0.8	Net Debt
Net Debt	- 0.76	Total Stockholder Equity
Other Stockholder Equity	- 0.72	Net Debt
Net Debt	- 0.72	Total Assets