Quidel Accounts Payable vs Net Invested Capital Analysis
QDEL Stock | USD 39.64 0.05 0.13% |
Quidel financial indicator trend analysis is much more than just breaking down Quidel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quidel is a good investment. Please check the relationship between Quidel Accounts Payable and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. 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. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
Accounts Payable vs Net Invested Capital
Accounts Payable vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quidel Accounts Payable account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quidel's Accounts Payable and Net Invested Capital is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Quidel, assuming nothing else is changed. The correlation between historical values of Quidel's Accounts Payable and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Quidel are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Accounts Payable i.e., Quidel's Accounts Payable and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Quidel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Quidel are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Quidel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quidel 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 Quidel. 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. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.At this time, Quidel's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 15.9 M this year, although the value of Tax Provision is projected to rise to (18.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.7M | 75.7M | 117.5M | 123.4M | Depreciation And Amortization | 9.6M | 260.4M | 457.2M | 480.1M |
Quidel fundamental ratios Correlations
Click cells to compare fundamentals
Quidel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quidel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 910.9M | 1.9B | 2.4B | 8.9B | 8.6B | 9.0B | |
Short Long Term Debt Total | 112.3M | 108.5M | 138.6M | 2.8B | 2.6B | 2.7B | |
Other Current Liab | 78.6M | 239.1M | 210.1M | 439.8M | 335.7M | 352.5M | |
Total Current Liabilities | 125.9M | 337.0M | 323.5M | 1.0B | 833.8M | 875.5M | |
Total Stockholder Equity | 559.8M | 1.3B | 1.9B | 4.9B | 5.0B | 5.3B | |
Property Plant And Equipment Net | 171.9M | 211.0M | 476.8M | 1.5B | 1.6B | 1.7B | |
Net Debt | 59.5M | (381.4M) | (664.2M) | 2.5B | 2.5B | 2.6B | |
Retained Earnings | 134.7M | 945.0M | 1.6B | 2.2B | 2.2B | 2.3B | |
Cash | 52.8M | 489.9M | 802.8M | 292.9M | 118.9M | 82.3M | |
Non Current Assets Total | 688.6M | 728.8M | 990.1M | 7.3B | 7.3B | 7.6B | |
Cash And Short Term Investments | 52.8M | 489.9M | 802.8M | 345M | 167.3M | 87.4M | |
Net Receivables | 104.9M | 529.2M | 393.8M | 453.9M | 488.4M | 512.8M | |
Common Stock Shares Outstanding | 43.1M | 43.6M | 42.9M | 57.4M | 66.8M | 70.1M | |
Liabilities And Stockholders Equity | 910.9M | 1.9B | 2.4B | 8.9B | 8.6B | 9.0B | |
Non Current Liabilities Total | 225.2M | 201.5M | 177.5M | 2.9B | 2.7B | 2.9B | |
Inventory | 58.1M | 113.8M | 198.8M | 524.1M | 577.8M | 606.7M | |
Other Stockholder Equity | 425.6M | 388.1M | 279.8M | 2.8B | 2.8B | 3.0B | |
Total Liab | 351.0M | 538.5M | 501.0M | 3.9B | 3.6B | 3.7B | |
Property Plant And Equipment Gross | 171.9M | 211.0M | 616.9M | 1.5B | 2.1B | 2.2B | |
Total Current Assets | 222.2M | 1.1B | 1.4B | 1.6B | 1.3B | 1.4B | |
Accumulated Other Comprehensive Income | (463K) | (431K) | 355K | (67.6M) | (30M) | (28.5M) | |
Short Term Debt | 19.1M | 7.8M | 10.0M | 207.5M | 166.5M | 174.8M | |
Non Currrent Assets Other | 7.1M | 13.5M | 19.6M | 122.7M | 179M | 188.0M | |
Other Current Assets | 1.9M | 2.2M | 4.6M | 252.1M | 77M | 80.9M | |
Accounts Payable | 26.7M | 86.3M | 101.5M | 283.3M | 294.8M | 309.5M | |
Intangible Assets | 148.1M | 122.4M | 98.7M | 3.1B | 2.9B | 3.1B | |
Good Will | 337.0M | 337.0M | 337.0M | 2.5B | 2.5B | 2.6B | |
Current Deferred Revenue | 1.5M | 3.7M | 1.9M | 76.4M | 36.8M | 18.7M | |
Other Assets | 31.6M | 158.8M | 39.7M | 395.8M | 455.2M | 477.9M | |
Long Term Debt | 377.3M | 53.2M | 400K | 2.4B | 2.3B | 2.4B | |
Common Stock | 35K | 39K | 42K | 100K | 115K | 120.8K | |
Property Plant Equipment | 79.8M | 110.5M | 349.2M | 1.5B | 1.7B | 1.8B | |
Other Liab | 127.6M | 96.7M | 48.6M | 294.9M | 339.1M | 356.1M | |
Net Tangible Assets | 167.9M | 973.9M | 1.6B | (666M) | (765.9M) | (727.6M) | |
Retained Earnings Total Equity | 61.8M | 134.7M | 945.0M | 1.6B | 1.9B | 2.0B | |
Capital Surpluse | 363.9M | 425.6M | 388.1M | 279.8M | 321.7M | 290.1M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Quidel using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. 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. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.Note that the Quidel information on this page should be used as a complementary analysis to other Quidel's 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Quidel Stock analysis
When running Quidel's price analysis, check to measure Quidel's 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 Quidel is operating at the current time. Most of Quidel's value examination focuses on studying past and present price action to predict the probability of Quidel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quidel's price. Additionally, you may evaluate how the addition of Quidel to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
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 | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is Quidel's 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 Quidel. If investors know Quidel 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 Quidel 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 (0.77) | Earnings Share (0.15) | Revenue Per Share 44.877 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0201 |
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel's 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 Quidel's market value can be influenced by many factors that don't directly affect Quidel's 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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel's 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.