Adaptive Begin Period Cash Flow vs Stock Based Compensation Analysis

ADPT Stock  USD 6.71  0.27  4.19%   
Adaptive Biotechnologies financial indicator trend analysis is way more than just evaluating Adaptive Biotechnologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adaptive Biotechnologies is a good investment. Please check the relationship between Adaptive Biotechnologies Begin Period Cash Flow and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adaptive Biotechnologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Begin Period Cash Flow vs Stock Based Compensation

Begin Period Cash Flow vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adaptive Biotechnologies Begin Period Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Adaptive Biotechnologies' Begin Period Cash Flow and Stock Based Compensation is 0.86. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Adaptive Biotechnologies Corp, assuming nothing else is changed. The correlation between historical values of Adaptive Biotechnologies' Begin Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Adaptive Biotechnologies Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Begin Period Cash Flow i.e., Adaptive Biotechnologies' Begin Period Cash Flow and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Adaptive Biotechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adaptive Biotechnologies 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 Adaptive Biotechnologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is likely to drop to about 57.1 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.35 in 2024
 2021 2022 2023 2024 (projected)
Gross Profit105.0M127.4M94.7M82.4M
Total Revenue154.3M185.3M170.3M123.7M

Adaptive Biotechnologies fundamental ratios Correlations

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Adaptive Biotechnologies Account Relationship Matchups

Adaptive Biotechnologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets912.3M1.1B923.3M856.6M661.1M811.6M
Other Current Liab12.9M19.8M19.5M18.9M12.8M15.3M
Total Current Liabilities78.3M105.2M113.8M109.8M88.0M84.7M
Total Stockholder Equity571.0M743.3M604.0M464.2M308.4M347.0M
Other Liab226.3M163.6M98.8M184.0M211.6M125.4M
Net Tangible Assets440.1M614.1M476.5M338.4M389.1M205.2M
Property Plant And Equipment Net60.4M139.0M172.9M164.2M120.3M108.4M
Current Deferred Revenue61.0M73.3M80.5M64.1M48.6M55.7M
Net Debt(60.0M)(15.6M)(27.3M)18.0M164.4M172.6M
Retained Earnings(365.5M)(511.6M)(718.9M)(919.1M)(1.1B)(1.1B)
Accounts Payable4.5M3.2M3.3M8.1M7.7M4.8M
Cash96.6M123.4M139.1M90.0M65.1M102.9M
Non Current Assets Total299.6M389.5M520.6M294.5M250.9M324.4M
Non Currrent Assets Other2.9M2.7M3.0M4.5M6.5M6.8M
Other Assets39.5M2.7M3.0M4.5M4.0M6.7M
Cash And Short Term Investments576.9M688.3M353.1M498.2M346.4M443.1M
Net Receivables12.7M10.0M17.4M40.1M38.0M20.2M
Common Stock Shares Outstanding69.2M131.2M140.4M142.5M144.4M131.8M
Short Term Investments480.3M564.8M214.0M408.2M281.3M340.3M
Liabilities And Stockholders Equity912.3M1.1B923.3M856.6M661.1M811.6M
Non Current Liabilities Total263.0M268.0M205.4M282.7M264.8M276.3M
Capital Surpluse935.8M1.3B1.3B1.4B1.6B910.1M
Inventory9.1M14.1M19.3M14.5M14.4M13.2M
Other Current Assets14.1M14.5M13.0M9.4M11.4M10.7M
Other Stockholder Equity23.5M1.3B1.3B1.4B1.5B865.0M
Total Liab341.3M373.1M319.2M392.5M352.9M337.9M
Net Invested Capital571.0M743.3M604.0M464.2M308.4M347.0M
Property Plant And Equipment Gross60.4M139.0M172.9M164.2M193.6M119.9M
Total Current Assets612.7M726.9M402.7M562.1M410.2M487.2M
Accumulated Other Comprehensive Income671K893K(1.1M)(4.1M)215K225.8K
Net Working Capital534.4M621.7M288.9M452.4M322.2M402.6M
Intangible Assets11.9M10.2M8.5M6.8M5.1M8.2M

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