Adicet Cash vs Total Current Liabilities Analysis

ACET Stock  USD 1.01  0.09  8.18%   
Adicet Bio financial indicator trend analysis is way more than just evaluating Adicet Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adicet Bio is a good investment. Please check the relationship between Adicet Bio Cash and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adicet Bio Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Adicet Bio's Cash and Total Current Liabilities is -0.39. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Adicet Bio, assuming nothing else is changed. The correlation between historical values of Adicet Bio's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Adicet Bio are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Adicet Bio's Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Adicet Bio, which is listed under current asset account on Adicet Bio balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Adicet Bio customers. The amounts must be unrestricted with restricted cash listed in a different Adicet Bio account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Liabilities

Total Current Liabilities is an item on Adicet Bio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Adicet Bio are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Adicet Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adicet Bio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.At this time, Adicet Bio's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value is likely to grow to (54.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense176K80K25K23.8K
Depreciation And Amortization4.1M5.0M6.1M5.2M

Adicet Bio fundamental ratios Correlations

-0.130.870.810.410.1-0.47-0.160.490.720.140.93-0.01-0.090.19-0.47-0.270.390.130.110.760.96-0.030.690.290.43
-0.13-0.090.020.12-0.46-0.310.80.270.0-0.260.01-0.330.96-0.1-0.130.840.65-0.15-0.420.11-0.220.940.00.82-0.88
0.87-0.090.960.69-0.17-0.510.130.650.89-0.30.92-0.45-0.08-0.06-0.35-0.250.520.22-0.190.890.750.020.870.370.44
0.810.020.960.69-0.34-0.60.270.790.97-0.390.86-0.550.04-0.15-0.38-0.150.680.33-0.360.90.70.140.960.510.32
0.410.120.690.69-0.38-0.510.440.50.69-0.640.53-0.720.11-0.01-0.12-0.10.590.25-0.250.590.290.240.70.50.09
0.1-0.46-0.17-0.34-0.380.11-0.82-0.78-0.430.79-0.030.72-0.440.52-0.4-0.35-0.59-0.280.92-0.380.19-0.44-0.45-0.560.27
-0.47-0.31-0.51-0.6-0.510.11-0.24-0.41-0.640.08-0.430.31-0.37-0.290.630.06-0.77-0.260.01-0.37-0.47-0.49-0.64-0.630.24
-0.160.80.130.270.44-0.82-0.240.590.3-0.770.08-0.780.75-0.420.140.670.720.02-0.80.35-0.310.770.310.78-0.6
0.490.270.650.790.5-0.78-0.410.590.84-0.590.57-0.670.3-0.45-0.060.170.770.37-0.780.750.380.350.850.650.03
0.720.00.890.970.69-0.43-0.640.30.84-0.440.75-0.60.03-0.18-0.35-0.180.710.48-0.430.830.630.140.990.510.29
0.14-0.26-0.3-0.39-0.640.790.08-0.77-0.59-0.44-0.110.94-0.20.58-0.35-0.2-0.46-0.160.78-0.410.31-0.26-0.46-0.390.07
0.930.010.920.860.53-0.03-0.430.080.570.75-0.11-0.270.03-0.02-0.43-0.070.48-0.02-0.090.860.80.10.730.390.35
-0.01-0.33-0.45-0.55-0.720.720.31-0.78-0.67-0.60.94-0.27-0.280.58-0.02-0.27-0.64-0.250.76-0.530.17-0.37-0.63-0.540.11
-0.090.96-0.080.040.11-0.44-0.370.750.30.03-0.20.03-0.28-0.04-0.140.830.7-0.17-0.370.03-0.160.990.030.85-0.91
0.19-0.1-0.06-0.15-0.010.52-0.29-0.42-0.45-0.180.58-0.020.58-0.04-0.12-0.39-0.13-0.160.74-0.260.33-0.03-0.2-0.09-0.05
-0.47-0.13-0.35-0.38-0.12-0.40.630.14-0.06-0.35-0.35-0.43-0.02-0.14-0.12-0.11-0.39-0.21-0.26-0.24-0.46-0.23-0.35-0.320.08
-0.270.84-0.25-0.15-0.1-0.350.060.670.17-0.18-0.2-0.07-0.270.83-0.39-0.110.41-0.17-0.45-0.04-0.380.78-0.170.62-0.78
0.390.650.520.680.59-0.59-0.770.720.770.71-0.460.48-0.640.7-0.13-0.390.410.27-0.540.550.280.780.720.94-0.45
0.13-0.150.220.330.25-0.28-0.260.020.370.48-0.16-0.02-0.25-0.17-0.16-0.21-0.170.27-0.230.170.22-0.110.460.160.16
0.11-0.42-0.19-0.36-0.250.920.01-0.8-0.78-0.430.78-0.090.76-0.370.74-0.26-0.45-0.54-0.23-0.450.24-0.38-0.45-0.490.19
0.760.110.890.90.59-0.38-0.370.350.750.83-0.410.86-0.530.03-0.26-0.24-0.040.550.17-0.450.610.10.820.430.35
0.96-0.220.750.70.290.19-0.47-0.310.380.630.310.80.17-0.160.33-0.46-0.380.280.220.240.61-0.120.610.190.44
-0.030.940.020.140.24-0.44-0.490.770.350.14-0.260.1-0.370.99-0.03-0.230.780.78-0.11-0.380.1-0.120.140.9-0.88
0.690.00.870.960.7-0.45-0.640.310.850.99-0.460.73-0.630.03-0.2-0.35-0.170.720.46-0.450.820.610.140.510.29
0.290.820.370.510.5-0.56-0.630.780.650.51-0.390.39-0.540.85-0.09-0.320.620.940.16-0.490.430.190.90.51-0.63
0.43-0.880.440.320.090.270.24-0.60.030.290.070.350.11-0.91-0.050.08-0.78-0.450.160.190.350.44-0.880.29-0.63
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Adicet Bio Account Relationship Matchups

Adicet Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.6M153.8M338.9M330.7M207.3M215.3M
Short Long Term Debt Total114.1M21.6M20.9M21.0M20.9M19.9M
Other Current Liab2.8M4.5M5.1M10.3M10.2M18.3M
Total Current Liabilities14.9M14.0M16.3M19.7M19.3M18.3M
Total Stockholder Equity(60.4M)(106.3M)(168.3M)(238.1M)170.2M178.7M
Property Plant And Equipment Net2.1M25.9M35.0M49.0M44.2M46.4M
Net Debt103.5M(62.7M)(256.6M)(236.6M)(138.8M)(131.8M)
Retained Earnings(69.6M)(106.3M)(168.3M)(238.1M)(380.8M)(361.7M)
Accounts Payable1.1M1.6M3.3M4.4M2.6M2.5M
Cash10.6M84.3M277.5M257.7M159.7M83.6M
Non Current Assets Total17.4M59.2M56.5M69.7M45.0M58.4M
Cash And Short Term Investments62.4M94.6M277.5M257.7M159.7M95.6M
Common Stock Shares Outstanding15.0M7.3M31.0M41.1M43.0M28.0M
Liabilities And Stockholders Equity81.6M153.8M(132.5M)(199.8M)207.3M165.2M
Non Current Liabilities Total127.1M246.2M19.5M18.6M17.8M16.9M
Other Current Assets179K5.6M4.7M2.9M2.6M2.4M
Other Stockholder Equity(106.7M)62.3M471.4M530.4M550.9M578.5M
Total Liab142.0M44.0M35.8M38.4M37.1M35.3M
Total Current Assets64.2M94.6M282.4M261.0M162.3M156.9M
Accumulated Other Comprehensive Income(5.1M)(41K)23K24K(338.9M)0.0
Common Stock1K3K4K2K3.6K3.4K
Non Currrent Assets Other4.7M12.1M2.0M1.2M822K863.1K

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Additional Tools for Adicet Stock Analysis

When running Adicet Bio's price analysis, check to measure Adicet Bio'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 Adicet Bio is operating at the current time. Most of Adicet Bio's value examination focuses on studying past and present price action to predict the probability of Adicet Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adicet Bio's price. Additionally, you may evaluate how the addition of Adicet Bio to your portfolios can decrease your overall portfolio volatility.