OraSure Non Current Liabilities Total vs Non Currrent Assets Other Analysis

OSUR Stock  USD 5.23  0.16  2.97%   
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 Non Current Liabilities Total and its Non Currrent Assets Other 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.

Non Current Liabilities Total vs Non Currrent Assets Other

Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OraSure Technologies Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OraSure Technologies' Non Current Liabilities Total and Non Currrent Assets Other is 0.43. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other 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' Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of OraSure Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., OraSure Technologies' Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 05/17/2024, 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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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.

Complementary Tools for OraSure Stock analysis

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.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Equity Valuation
Check real value of public entities based on technical and fundamental data
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
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
0.3
Revenue Per Share
4.142
Quarterly Revenue Growth
(0.65)
Return On Assets
0.0306
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.