Aclaris Other Assets vs Total Assets 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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aclaris Therapeutics Other Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aclaris Therapeutics' Other Assets and Total Assets is 0.44. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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' Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Aclaris Therapeutics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Aclaris Therapeutics' Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Total Assets
Total assets refers to the total amount of Aclaris Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aclaris Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
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Aclaris Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aclaris Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 98.3M | 70.8M | 251.2M | 254.6M | 197.4M | 169.3M | |
Other Current Liab | 4.2M | 8.4M | 11.6M | 10.2M | 2.2M | 2.1M | |
Total Current Liabilities | 22.4M | 14.9M | 22.9M | 21.9M | 31.0M | 16.3M | |
Total Stockholder Equity | 69.9M | 37.7M | 197.3M | 197.6M | 157.2M | 133.2M | |
Other Liab | 2.4M | 7.6M | 28.8M | 33.5M | 38.5M | 40.4M | |
Property Plant And Equipment Net | 2.5M | 1.7M | 1.3M | 1.1M | 1.6M | 1.6M | |
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 Payable | 9.9M | 5.3M | 10.0M | 10.4M | 8.9M | 7.2M | |
Cash | 35.9M | 54.1M | 27.3M | 45.3M | 39.9M | 52.9M | |
Non Current Assets Total | 14.5M | 13.3M | 46.2M | 23.0M | 68.5M | 72.0M | |
Cash And Short Term Investments | 75.0M | 54.1M | 225.7M | 229.8M | 119.1M | 137.6M | |
Common Stock Shares Outstanding | 41.3M | 42.5M | 56.7M | 65.2M | 69.8M | 38.5M | |
Short Term Investments | 39.1M | 32.1M | 164.1M | 172.3M | 79.2M | 96.3M | |
Liabilities And Stockholders Equity | 98.3M | 70.8M | 251.2M | 254.6M | 197.4M | 169.3M | |
Non Current Liabilities Total | 6.0M | 18.3M | 30.9M | 35.0M | 9.3M | 8.8M | |
Other Current Assets | 3.1M | 5.2M | 26.0M | 13.5M | 9.5M | 7.2M | |
Other Stockholder Equity | 523.5M | 542.3M | 793.0M | 880.8M | 928.1M | 495.6M | |
Total Liab | 28.4M | 33.1M | 53.9M | 57.0M | 40.2M | 36.1M | |
Property Plant And Equipment Gross | 2.5M | 1.7M | 4.7M | 5.1M | 5.8M | 6.1M | |
Total Current Assets | 83.8M | 57.5M | 205.0M | 231.6M | 128.9M | 139.1M | |
Accumulated Other Comprehensive Income | (66K) | (94K) | (224K) | (897K) | (106K) | (111.3K) | |
Property Plant Equipment | 7.2M | 1.7M | 1.3M | 1.1M | 1.3M | 1.9M | |
Net Tangible Assets | 62.7M | 30.5M | 190.3M | 190.6M | 219.2M | 135.0M | |
Non Currrent Assets Other | 4.8M | 4.5M | 3.6M | (630K) | 1.7M | 1.8M | |
Other Assets | 92K | 4.5M | 251.2M | 1.7M | 2.0M | 1.9M | |
Net Receivables | 704K | 772K | 623K | 484K | 298K | 283.1K | |
Retained Earnings Total Equity | (453.5M) | (504.5M) | (595.4M) | (682.3M) | (614.1M) | (583.4M) | |
Capital Surpluse | 523.5M | 542.3M | 793.0M | 880.8M | 1.0B | 553.9M | |
Inventory | 791K | 5.0M | (34.2M) | (12.2M) | (11.0M) | (10.5M) | |
Intangible Assets | 7.2M | 7.1M | 7.0M | 7.0M | 269K | 255.6K | |
Non Current Liabilities Other | 5.4M | 7.2M | 30.6M | 34.7M | 9.3M | 13.1M | |
Short Long Term Debt Total | 658K | 11.3M | 693K | 684K | 426K | 404.7K | |
Capital Lease Obligations | 637K | 603K | 693K | 684K | 426K | 594.9K | |
Net Invested Capital | 69.9M | 48.3M | 197.3M | 197.6M | 157.2M | 130.4M | |
Net Working Capital | 61.4M | 42.6M | 182.1M | 209.6M | 97.9M | 106.7M |
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