Aclaris Non Current Liabilities Total vs Cash Analysis

ACRS Stock  USD 3.82  0.19  5.23%   
Aclaris Therapeutics financial indicator trend analysis is way more than just evaluating Aclaris Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aclaris Therapeutics is a good investment. Please check the relationship between Aclaris Therapeutics Non Current Liabilities Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.

Non Current Liabilities Total vs Cash

Non Current Liabilities Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aclaris Therapeutics Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aclaris Therapeutics' Non Current Liabilities Total and Cash is -0.28. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash in the same time period over historical financial statements of Aclaris Therapeutics, assuming nothing else is changed. The correlation between historical values of Aclaris Therapeutics' Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Aclaris Therapeutics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Aclaris Therapeutics' Non Current Liabilities Total and Cash go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Cash

Cash refers to the most liquid asset of Aclaris Therapeutics, which is listed under current asset account on Aclaris Therapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aclaris Therapeutics customers. The amounts must be unrestricted with restricted cash listed in a different Aclaris Therapeutics 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.
Most indicators from Aclaris Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aclaris Therapeutics 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 Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.Discontinued Operations is likely to gain to about 167.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 21.3 M in 2024.

Aclaris Therapeutics fundamental ratios Correlations

0.770.790.990.580.68-0.48-0.620.860.540.740.960.70.94-0.040.710.790.510.780.970.280.97-0.10.440.590.49
0.770.730.70.350.69-0.22-0.560.820.30.550.730.660.70.340.730.720.70.60.730.320.630.130.60.720.04
0.790.730.720.670.79-0.24-0.860.940.310.80.660.910.610.030.680.930.690.890.690.570.770.270.380.930.46
0.990.70.720.520.64-0.53-0.560.790.580.680.970.640.95-0.170.650.740.360.710.980.260.98-0.190.390.510.5
0.580.350.670.520.22-0.11-0.90.530.120.610.550.820.540.040.720.80.550.90.550.080.620.240.290.510.79
0.680.690.790.640.22-0.37-0.490.890.50.790.510.50.480.020.330.580.550.610.560.660.590.250.230.810.11
-0.48-0.22-0.24-0.53-0.11-0.370.13-0.34-0.99-0.23-0.51-0.21-0.580.32-0.16-0.260.07-0.21-0.52-0.26-0.48-0.060.07-0.05-0.14
-0.62-0.56-0.86-0.56-0.9-0.490.13-0.73-0.17-0.65-0.56-0.94-0.520.01-0.71-0.93-0.62-0.92-0.57-0.42-0.63-0.31-0.29-0.8-0.64
0.860.820.940.790.530.89-0.34-0.730.430.810.740.780.70.120.650.840.720.830.770.610.770.250.410.90.3
0.540.30.310.580.120.5-0.99-0.170.430.340.540.240.6-0.280.170.30.010.270.550.290.520.09-0.050.140.13
0.740.550.80.680.610.79-0.23-0.650.810.340.560.60.530.070.510.650.640.850.590.280.70.260.350.690.55
0.960.730.660.970.550.51-0.51-0.560.740.540.560.640.99-0.080.730.740.390.691.00.210.93-0.210.460.450.48
0.70.660.910.640.820.5-0.21-0.940.780.240.60.640.610.070.770.980.660.870.660.390.710.250.350.80.54
0.940.70.610.950.540.48-0.58-0.520.70.60.530.990.61-0.080.730.70.350.660.980.180.91-0.140.440.380.44
-0.040.340.03-0.170.040.020.320.010.12-0.280.07-0.080.07-0.080.260.00.720.08-0.1-0.27-0.220.40.360.12-0.38
0.710.730.680.650.720.33-0.16-0.710.650.170.510.730.770.730.260.790.640.730.70.150.660.240.820.550.45
0.790.720.930.740.80.58-0.26-0.930.840.30.650.740.980.70.00.790.630.890.750.420.80.20.390.820.54
0.510.70.690.360.550.550.07-0.620.720.010.640.390.660.350.720.640.630.710.390.190.360.490.490.710.12
0.780.60.890.710.90.61-0.21-0.920.830.270.850.690.870.660.080.730.890.710.70.350.760.290.360.770.67
0.970.730.690.980.550.56-0.52-0.570.770.550.591.00.660.98-0.10.70.750.390.70.250.95-0.210.410.480.48
0.280.320.570.260.080.66-0.26-0.420.610.290.280.210.390.18-0.270.150.420.190.350.250.240.280.040.7-0.01
0.970.630.770.980.620.59-0.48-0.630.770.520.70.930.710.91-0.220.660.80.360.760.950.24-0.190.350.530.62
-0.10.130.27-0.190.240.25-0.06-0.310.250.090.26-0.210.25-0.140.40.240.20.490.29-0.210.28-0.190.170.39-0.2
0.440.60.380.390.290.230.07-0.290.41-0.050.350.460.350.440.360.820.390.490.360.410.040.350.170.340.17
0.590.720.930.510.510.81-0.05-0.80.90.140.690.450.80.380.120.550.820.710.770.480.70.530.390.340.22
0.490.040.460.50.790.11-0.14-0.640.30.130.550.480.540.44-0.380.450.540.120.670.48-0.010.62-0.20.170.22
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Aclaris Therapeutics Account Relationship Matchups

Aclaris Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets98.3M70.8M251.2M254.6M197.4M169.3M
Other Current Liab4.2M8.4M11.6M10.2M2.2M2.1M
Total Current Liabilities22.4M14.9M22.9M21.9M31.0M16.3M
Total Stockholder Equity69.9M37.7M197.3M197.6M157.2M133.2M
Other Liab2.4M7.6M28.8M33.5M38.5M40.4M
Property Plant And Equipment Net2.5M1.7M1.3M1.1M1.6M1.6M
Net Debt(35.3M)(42.9M)(26.7M)(44.6M)(39.5M)(41.4M)
Retained Earnings(453.5M)(504.5M)(595.4M)(682.3M)(770.8M)(732.3M)
Accounts Payable9.9M5.3M10.0M10.4M8.9M7.2M
Cash35.9M54.1M27.3M45.3M39.9M52.9M
Non Current Assets Total14.5M13.3M46.2M23.0M68.5M72.0M
Cash And Short Term Investments75.0M54.1M225.7M229.8M119.1M137.6M
Common Stock Shares Outstanding41.3M42.5M56.7M65.2M69.8M38.5M
Short Term Investments39.1M32.1M164.1M172.3M79.2M96.3M
Liabilities And Stockholders Equity98.3M70.8M251.2M254.6M197.4M169.3M
Non Current Liabilities Total6.0M18.3M30.9M35.0M9.3M8.8M
Other Current Assets3.1M5.2M26.0M13.5M9.5M7.2M
Other Stockholder Equity523.5M542.3M793.0M880.8M928.1M495.6M
Total Liab28.4M33.1M53.9M57.0M40.2M36.1M
Property Plant And Equipment Gross2.5M1.7M4.7M5.1M5.8M6.1M
Total Current Assets83.8M57.5M205.0M231.6M128.9M139.1M
Accumulated Other Comprehensive Income(66K)(94K)(224K)(897K)(106K)(111.3K)
Property Plant Equipment7.2M1.7M1.3M1.1M1.3M1.9M
Net Tangible Assets62.7M30.5M190.3M190.6M219.2M135.0M
Non Currrent Assets Other4.8M4.5M3.6M(630K)1.7M1.8M
Other Assets92K4.5M251.2M1.7M2.0M1.9M
Net Receivables704K772K623K484K298K283.1K
Retained Earnings Total Equity(453.5M)(504.5M)(595.4M)(682.3M)(614.1M)(583.4M)
Capital Surpluse523.5M542.3M793.0M880.8M1.0B553.9M
Inventory791K5.0M(34.2M)(12.2M)(11.0M)(10.5M)
Intangible Assets7.2M7.1M7.0M7.0M269K255.6K
Non Current Liabilities Other5.4M7.2M30.6M34.7M9.3M13.1M
Short Long Term Debt Total658K11.3M693K684K426K404.7K
Capital Lease Obligations637K603K693K684K426K594.9K
Net Invested Capital69.9M48.3M197.3M197.6M157.2M130.4M
Net Working Capital61.4M42.6M182.1M209.6M97.9M106.7M

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