Veracyte Long Term Debt Total vs Deferred Long Term Liab Analysis

VCYT Stock  USD 20.63  0.51  2.53%   
Veracyte financial indicator trend analysis is much more than just breaking down Veracyte prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veracyte is a good investment. Please check the relationship between Veracyte Long Term Debt Total and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veracyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Veracyte Stock please use our How to Invest in Veracyte guide.

Long Term Debt Total vs Deferred Long Term Liab

Long Term Debt Total vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veracyte Long Term Debt Total account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Veracyte's Long Term Debt Total and Deferred Long Term Liab is -0.12. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Veracyte, assuming nothing else is changed. The correlation between historical values of Veracyte's Long Term Debt Total and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Veracyte are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt Total i.e., Veracyte's Long Term Debt Total and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt Total

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Veracyte's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veracyte 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Veracyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Veracyte Stock please use our How to Invest in Veracyte guide.At this time, Veracyte's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 392.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses227.0M236.0M235.2M247.0M
Cost Of Revenue74.4M101.6M137.9M144.8M

Veracyte fundamental ratios Correlations

0.980.981.00.760.96-0.68-0.880.90.610.98-0.50.30.630.980.90.840.490.950.840.990.940.880.720.80.96
0.981.00.980.740.95-0.58-0.850.950.510.99-0.510.20.540.960.890.810.510.960.840.970.960.880.650.790.97
0.981.00.980.730.94-0.57-0.850.960.50.99-0.510.180.530.960.880.80.490.960.840.970.950.880.640.780.97
1.00.980.980.750.96-0.68-0.870.90.610.98-0.50.30.630.970.890.840.480.940.840.990.930.880.730.80.96
0.760.740.730.750.81-0.7-0.730.610.740.7-0.560.50.740.760.770.840.650.660.830.760.760.560.810.840.71
0.960.950.940.960.81-0.71-0.940.850.660.93-0.440.340.680.980.960.90.630.960.810.980.960.880.770.880.96
-0.68-0.58-0.57-0.68-0.7-0.710.69-0.48-0.97-0.540.11-0.7-0.97-0.68-0.77-0.71-0.41-0.61-0.46-0.69-0.59-0.57-0.94-0.74-0.56
-0.88-0.85-0.85-0.87-0.73-0.940.69-0.75-0.65-0.830.27-0.34-0.67-0.94-0.95-0.92-0.72-0.91-0.68-0.94-0.92-0.86-0.75-0.87-0.91
0.90.950.960.90.610.85-0.48-0.750.40.92-0.430.070.420.870.820.680.420.920.760.890.90.850.520.70.91
0.610.510.50.610.740.66-0.97-0.650.40.46-0.180.771.00.620.730.750.490.530.490.630.540.450.980.790.49
0.980.990.990.980.70.93-0.54-0.830.920.46-0.540.170.490.950.840.790.450.930.860.960.930.870.60.730.96
-0.5-0.51-0.51-0.5-0.56-0.440.110.27-0.43-0.18-0.54-0.37-0.21-0.42-0.29-0.49-0.15-0.3-0.84-0.44-0.4-0.08-0.31-0.45-0.39
0.30.20.180.30.50.34-0.7-0.340.070.770.17-0.370.790.290.380.530.210.160.350.320.19-0.030.750.540.14
0.630.540.530.630.740.68-0.97-0.670.421.00.49-0.210.790.640.740.770.480.550.510.650.560.460.990.810.51
0.980.960.960.970.760.98-0.68-0.940.870.620.95-0.420.290.640.950.890.620.970.80.990.970.90.740.850.97
0.90.890.880.890.770.96-0.77-0.950.820.730.84-0.290.380.740.950.880.720.930.70.940.950.860.810.920.91
0.840.810.80.840.840.9-0.71-0.920.680.750.79-0.490.530.770.890.880.70.810.810.890.830.690.860.950.81
0.490.510.490.480.650.63-0.41-0.720.420.490.45-0.150.210.480.620.720.70.570.490.570.710.530.550.770.6
0.950.960.960.940.660.96-0.61-0.910.920.530.93-0.30.160.550.970.930.810.570.70.960.960.950.650.80.97
0.840.840.840.840.830.81-0.46-0.680.760.490.86-0.840.350.510.80.70.810.490.70.810.790.560.630.780.78
0.990.970.970.990.760.98-0.69-0.940.890.630.96-0.440.320.650.990.940.890.570.960.810.960.90.750.840.97
0.940.960.950.930.760.96-0.59-0.920.90.540.93-0.40.190.560.970.950.830.710.960.790.960.90.660.840.98
0.880.880.880.880.560.88-0.57-0.860.850.450.87-0.08-0.030.460.90.860.690.530.950.560.90.90.540.650.94
0.720.650.640.730.810.77-0.94-0.750.520.980.6-0.310.750.990.740.810.860.550.650.630.750.660.540.880.62
0.80.790.780.80.840.88-0.74-0.870.70.790.73-0.450.540.810.850.920.950.770.80.780.840.840.650.880.78
0.960.970.970.960.710.96-0.56-0.910.910.490.96-0.390.140.510.970.910.810.60.970.780.970.980.940.620.78
Click cells to compare fundamentals

Veracyte Account Relationship Matchups

Veracyte fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets275.2M457.2M1.2B1.2B1.1B1.2B
Other Current Liab13.7M11.7M42.4M44.0M41.2M43.2M
Total Current Liabilities17.5M16.8M64.2M62.6M61.2M64.3M
Total Stockholder Equity239.5M421.2M1.1B1.1B1.0B1.1B
Other Liab6.1M8.4M13.1M7.6M8.7M5.6M
Property Plant And Equipment Net17.7M16.8M31.1M30.9M30.9M32.4M
Net Debt(145.7M)(337.0M)(154.3M)(139.5M)(203.8M)(193.6M)
Retained Earnings(246.7M)(281.6M)(357.2M)(393.7M)(468.1M)(444.7M)
Accounts Payable2.3M3.1M12.4M11.9M12.9M13.6M
Cash159.3M349.4M173.2M154.2M216.5M117.7M
Non Current Assets Total87.5M81.5M944.7M907.8M852.2M894.8M
Non Currrent Assets Other2.0M2.0M(35.1M)(26.8M)6.0M6.3M
Other Assets2.0M9.8M2.9M6.2M1.00.95
Cash And Short Term Investments159.3M349.4M173.2M178.9M216.5M119.7M
Net Receivables19.3M18.5M41.5M44.0M45.1M47.3M
Common Stock Total Equity50K58K71K72K82.8K86.9K
Common Stock Shares Outstanding46.1M53.2M67.9M71.5M72.6M41.6M
Liabilities And Stockholders Equity275.2M457.2M1.2B1.2B1.1B1.2B
Non Current Liabilities Total18.3M19.2M27.2M18.6M32.5M19.6M
Inventory6.8M4.7M11.2M14.3M16.1M16.9M
Other Current Assets2.2M3.2M17.2M11.5M8.0M4.6M
Other Stockholder Equity486.1M702.8M1.5B1.5B1.5B1.6B
Total Liab35.8M35.9M91.3M81.2M93.7M98.4M
Property Plant And Equipment Gross17.7M9.0M31.1M30.9M63.7M66.9M
Total Current Assets187.7M375.7M243.1M248.6M285.6M148.7M
Accumulated Other Comprehensive Income(12.0M)0.0(15.1M)(31.3M)(24.0M)(22.8M)
Common Stock50K58K71K72K73K42.9K
Property Plant Equipment8.9M9.0M31.1M30.9M35.5M37.3M
Short Long Term Debt Total13.6M12.3M18.9M14.7M12.6M16.3M
Net Tangible Assets171.7M358.6M185.9M379.3M436.2M458.0M
Long Term Debt25.2M23.9M694K810K931.5K884.9K
Retained Earnings Total Equity(246.7M)(281.6M)(357.2M)(393.7M)(354.3M)(372.1M)
Long Term Debt Total25.2M23.9M694K810K931.5K884.9K
Capital Surpluse486.1M702.8M1.5B1.5B1.7B1.8B
Deferred Long Term Liab4.2M3.9M5.6M4.5M5.2M4.3M
Intangible Assets65.0M59.9M202.7M174.9M88.6M66.2M
Short Term Debt1.4M1.6M4.8M4.1M5.1M6.3M

Veracyte Investors Sentiment

The influence of Veracyte's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Veracyte. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Veracyte's public news can be used to forecast risks associated with an investment in Veracyte. The trend in average sentiment can be used to explain how an investor holding Veracyte can time the market purely based on public headlines and social activities around Veracyte. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Veracyte's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Veracyte's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Veracyte's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Veracyte.
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 Veracyte 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, Veracyte's short interest history, or implied volatility extrapolated from Veracyte options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Veracyte is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Veracyte Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Veracyte Stock. Highlighted below are key reports to facilitate an investment decision about Veracyte Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veracyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Veracyte Stock please use our How to Invest in Veracyte guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Veracyte'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 Veracyte. If investors know Veracyte 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 Veracyte listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.93)
Revenue Per Share
5.123
Quarterly Revenue Growth
0.175
Return On Assets
(0.01)
Return On Equity
(0.06)
The market value of Veracyte is measured differently than its book value, which is the value of Veracyte that is recorded on the company's balance sheet. Investors also form their own opinion of Veracyte's value that differs from its market value or its book value, called intrinsic value, which is Veracyte'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 Veracyte's market value can be influenced by many factors that don't directly affect Veracyte'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 Veracyte's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veracyte is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veracyte'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.