OraSure Intangible Assets 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 Intangible Assets 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.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OraSure Technologies Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OraSure Technologies' Intangible Assets and Net Receivables is -0.22. Overlapping area represents the amount of variation of Intangible Assets 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' Intangible Assets 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 Intangible Assets 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 Intangible Assets i.e., OraSure Technologies' Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 05/03/2024, 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 Revenue233.7M387.5M405.5M425.7M
Interest Expense16.3M10.4M12.0M6.7M

OraSure Technologies fundamental ratios Correlations

0.740.880.831.00.9-0.720.130.740.740.830.490.860.860.710.940.790.380.950.880.850.98-0.28-0.310.310.89
0.740.730.830.710.82-0.49-0.180.750.510.630.530.50.780.760.810.810.630.770.840.840.720.01-0.03-0.050.56
0.880.730.880.860.9-0.450.210.790.480.810.640.650.920.630.870.760.520.780.90.820.83-0.46-0.310.420.85
0.830.830.880.780.9-0.32-0.070.950.350.840.820.460.950.710.830.90.720.80.990.830.75-0.14-0.040.270.71
1.00.710.860.780.88-0.760.160.690.770.810.440.90.830.690.920.760.320.940.840.830.98-0.29-0.340.310.89
0.90.820.90.90.88-0.570.110.810.60.850.640.660.870.620.940.810.50.830.940.940.84-0.2-0.190.140.8
-0.72-0.49-0.45-0.32-0.76-0.57-0.1-0.2-1.0-0.350.11-0.93-0.33-0.39-0.7-0.40.11-0.72-0.41-0.64-0.80.10.430.19-0.57
0.13-0.180.21-0.070.160.11-0.10.010.120.02-0.030.210.06-0.420.110.05-0.09-0.19-0.030.170.16-0.66-0.660.250.54
0.740.750.790.950.690.81-0.20.010.240.720.90.340.930.60.70.950.780.690.930.780.68-0.2-0.140.250.69
0.740.510.480.350.770.6-1.00.120.240.36-0.090.930.360.360.730.44-0.050.720.450.690.82-0.11-0.43-0.20.61
0.830.630.810.840.810.85-0.350.020.720.360.660.540.80.720.790.620.430.790.850.640.7-0.150.110.450.7
0.490.530.640.820.440.640.11-0.030.9-0.090.660.030.780.50.430.740.690.450.780.530.39-0.240.00.320.45
0.860.50.650.460.90.66-0.930.210.340.930.540.030.530.510.790.48-0.040.820.550.660.91-0.27-0.480.180.77
0.860.780.920.950.830.87-0.330.060.930.360.80.780.530.70.810.90.660.810.960.810.81-0.31-0.220.440.8
0.710.760.630.710.690.62-0.39-0.420.60.360.720.50.510.70.620.560.350.830.720.470.640.010.130.360.42
0.940.810.870.830.920.94-0.70.110.70.730.790.430.790.810.620.780.470.880.880.910.91-0.18-0.20.120.81
0.790.810.760.90.760.81-0.40.050.950.440.620.740.480.90.560.780.770.740.910.870.79-0.19-0.250.10.73
0.380.630.520.720.320.50.11-0.090.78-0.050.430.69-0.040.660.350.470.770.350.660.540.33-0.020.150.020.35
0.950.770.780.80.940.83-0.72-0.190.690.720.790.450.820.810.830.880.740.350.850.760.92-0.08-0.130.230.7
0.880.840.90.990.840.94-0.41-0.030.930.450.850.780.550.960.720.880.910.660.850.870.82-0.17-0.110.260.76
0.850.840.820.830.830.94-0.640.170.780.690.640.530.660.810.470.910.870.540.760.870.85-0.18-0.35-0.070.79
0.980.720.830.750.980.84-0.80.160.680.820.70.390.910.810.640.910.790.330.920.820.85-0.3-0.440.230.88
-0.280.01-0.46-0.14-0.29-0.20.1-0.66-0.2-0.11-0.15-0.24-0.27-0.310.01-0.18-0.19-0.02-0.08-0.17-0.18-0.30.67-0.47-0.51
-0.31-0.03-0.31-0.04-0.34-0.190.43-0.66-0.14-0.430.110.0-0.48-0.220.13-0.2-0.250.15-0.13-0.11-0.35-0.440.67-0.15-0.55
0.31-0.050.420.270.310.140.190.250.25-0.20.450.320.180.440.360.120.10.020.230.26-0.070.23-0.47-0.150.42
0.890.560.850.710.890.8-0.570.540.690.610.70.450.770.80.420.810.730.350.70.760.790.88-0.51-0.550.42
Click cells to compare fundamentals

OraSure Technologies Account Relationship Matchups

OraSure Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets349.3M454.5M461.0M444.7M482.8M507.0M
Other Current Liab17.8M22.6M34.0M25.8M22.7M23.8M
Total Current Liabilities32.7M46.5M68.1M70.4M39.5M41.5M
Total Stockholder Equity307.1M398.6M380.5M363.6M430.7M452.2M
Property Plant And Equipment Net37.3M51.9M88.2M59.4M58.3M61.2M
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 Payable9.6M17.4M28.0M39.3M13.2M13.8M
Cash75.7M160.8M116.8M84.0M290.4M304.9M
Non Current Assets Total124.7M165.6M172.6M119.0M96.4M101.2M
Non Currrent Assets Other2.3M6.6M10.5M12.4M12K11.4K
Cash And Short Term Investments156.3M209.4M153.0M110.8M290.4M304.9M
Net Receivables36.9M38.8M65.0M70.8M40.2M42.2M
Common Stock Shares Outstanding62.2M67.5M72.0M72.5M74.4M44.7M
Liabilities And Stockholders Equity349.3M454.5M461.0M444.7M482.8M507.0M
Non Current Liabilities Total9.4M9.4M12.4M10.7M12.6M13.3M
Inventory23.2M31.9M53.1M96.2M47.6M50.0M
Other Current Assets8.1M8.8M17.3M47.8M8.3M9.7M
Other Stockholder Equity401.8M505.1M511.1M520.4M529.5M556.0M
Total Liab42.2M55.9M80.5M81.1M52.2M54.8M
Property Plant And Equipment Gross37.3M57.6M160.9M141.0M143.4M150.6M
Total Current Assets224.6M288.9M288.4M325.7M386.5M405.8M
Accumulated Other Comprehensive Income(12.1M)(9.1M)(10.1M)(18.4M)(14.9M)(14.2M)
Intangible Assets14.7M17.9M14.3M11.7M1.2M1.1M
Short Term Investments83.0M68.1M80.6M48.6M36.3M26.9M
Common Stock258.1M283.4M307.1M380.5M437.6M459.5M
Other Liab3.9M4.9M12.4M1.1M1.3M2.4M
Other Assets3.2M7.7M50.4K60.6K54.6K51.8K
Property Plant Equipment37.3M51.9M88.2M59.4M68.3M71.7M
Current Deferred Revenue3.7M4.8M2.9M2.3M1.6M1.5M
Net Tangible Assets256.3M340.3M325.9M316.8M364.3M221.1M
Good Will36.2M40.4M40.3M35.1M35.7M30.4M
Capital Surpluse401.8M505.1M511.1M520.4M598.5M429.9M
Non Current Liabilities Other3.0M8.2M12.4M10.7M696K661.2K
Net Invested Capital307.1M398.6M380.5M363.6M430.7M380.6M

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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:
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.