Absci Other Current Assets from 2010 to 2024

ABSI Stock  USD 2.99  0.16  5.08%   
Absci Corp's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 15.1 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
20.7 M
Current Value
15.1 M
Quarterly Volatility
9.4 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 Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Absci Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Absci Corp's Other Current 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 Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Absci Other Current Assets Regression Statistics

Arithmetic Mean5,788,397
Geometric Mean1,122,768
Coefficient Of Variation162.52
Mean Deviation7,801,249
Median339,000
Standard Deviation9,407,372
Sample Variance88.5T
Range26.4M
R-Value0.74
Mean Square Error42.8T
R-Squared0.55
Significance0
Slope1,560,778
Total Sum of Squares1239T

Absci Other Current Assets History

202415.1 M
202320.7 M
202226.7 M
202119.1 M
20201.8 M

About Absci Corp Financial Statements

Investors use fundamental indicators, such as Absci Corp's Other Current 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 Current Assets20.7 M15.1 M

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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.