Absci Other Assets from 2010 to 2024

ABSI Stock  USD 4.38  0.36  8.96%   
Absci Corp's Other Assets are increasing with stable movements from year to year. Other Assets are predicted to flatten to 0.95. For the period between 2010 and 2024, Absci Corp, Other Assets quarterly trend regression had mean deviation of  2,279,991 and range of 18.1 M. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
1
Current Value
0.95
Quarterly Volatility
4.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Absci Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Absci Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 1.4 M or Selling General Administrative of 25.2 M, as well as many indicators such as Price To Sales Ratio of 64.22, Dividend Yield of 0.0 or PTB Ratio of 2.3. Absci financial statements analysis is a perfect complement when working with Absci Corp Valuation or Volatility modules.
  
Check out the analysis of Absci Corp Correlation against competitors.
For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.

Latest Absci Corp's Other Assets Growth Pattern

Below is the plot of the Other Assets of Absci Corp over the last few years. It is Absci Corp's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Absci Corp's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Pretty Stable
   Other Assets   
       Timeline  

Absci Other Assets Regression Statistics

Arithmetic Mean2,091,533
Geometric Mean188,519
Coefficient Of Variation215.21
Mean Deviation2,279,991
Median814,000
Standard Deviation4,501,261
Sample Variance20.3T
Range18.1M
R-Value0.26
Mean Square Error20.3T
R-Squared0.07
Significance0.35
Slope263,493
Total Sum of Squares283.7T

Absci Other Assets History

2024 0.95
2023 1.0
20223.1 M
202118.1 M
20201.9 M

About Absci Corp Financial Statements

Investors use fundamental indicators, such as Absci Corp's Other Assets, to determine how well the company is positioned to perform in the future. Although Absci Corp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Assets 1.00  0.95 

Currently Active Assets on Macroaxis

When determining whether Absci Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Absci Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Absci Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Absci Corp Stock:
Check out the analysis of Absci Corp Correlation against competitors.
For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Biotechnology space 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 Absci Corp. If investors know Absci 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 Absci Corp 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
0.04
Quarterly Revenue Growth
1.286
Return On Assets
(0.27)
Return On Equity
(0.49)
The market value of Absci Corp is measured differently than its book value, which is the value of Absci that is recorded on the company's balance sheet. Investors also form their own opinion of Absci Corp's value that differs from its market value or its book value, called intrinsic value, which is Absci Corp'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 Absci Corp's market value can be influenced by many factors that don't directly affect Absci Corp'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 Absci Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absci Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absci Corp'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.