AquaBounty Intangible Assets vs Total Current Assets Analysis

AQB Stock  USD 0.61  0.1  13.80%   
AquaBounty Technologies financial indicator trend analysis is way more than just evaluating AquaBounty Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AquaBounty Technologies is a good investment. Please check the relationship between AquaBounty Technologies Intangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AquaBounty Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AquaBounty Technologies Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AquaBounty Technologies' Intangible Assets and Total Current Assets is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of AquaBounty Technologies, assuming nothing else is changed. The correlation between historical values of AquaBounty Technologies' Intangible Assets and Total Current 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 Intangible Assets of AquaBounty Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., AquaBounty Technologies' Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from AquaBounty Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AquaBounty Technologies 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 AquaBounty Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.As of December 12, 2024, Selling General Administrative is expected to decline to about 6.5 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2023 2024 (projected)
Reconciled Depreciation2.1M1.5M
Interest Income56.4K38.9K

AquaBounty Technologies fundamental ratios Correlations

0.850.180.841.00.78-0.65-0.67-0.90.820.710.780.820.71-0.32-0.090.920.840.890.890.960.930.830.730.01-0.27
0.850.350.620.850.53-0.41-0.77-0.720.550.80.530.750.75-0.17-0.130.690.950.770.670.80.760.60.760.09-0.23
0.180.350.260.170.05-0.16-0.240.050.160.260.060.170.230.64-0.310.090.21-0.030.310.110.250.080.230.26-0.28
0.840.620.260.820.94-0.94-0.32-0.820.990.360.940.720.28-0.06-0.130.850.540.790.970.70.970.970.30.17-0.38
1.00.850.170.820.76-0.63-0.69-0.90.810.720.770.820.73-0.34-0.080.920.850.880.870.960.920.820.750.0-0.26
0.780.530.050.940.76-0.9-0.15-0.870.970.191.00.690.12-0.13-0.140.830.510.780.860.650.930.980.14-0.01-0.45
-0.65-0.41-0.16-0.94-0.63-0.90.150.71-0.95-0.18-0.9-0.58-0.030.090.01-0.7-0.31-0.68-0.88-0.47-0.84-0.91-0.05-0.260.27
-0.67-0.77-0.24-0.32-0.69-0.150.150.46-0.25-1.0-0.15-0.5-0.910.39-0.02-0.49-0.75-0.62-0.46-0.65-0.46-0.27-0.91-0.1-0.09
-0.9-0.720.05-0.82-0.9-0.870.710.46-0.85-0.5-0.87-0.82-0.460.440.15-0.85-0.77-0.93-0.81-0.85-0.9-0.9-0.470.150.38
0.820.550.160.990.810.97-0.95-0.25-0.850.290.970.720.22-0.15-0.090.840.50.790.950.690.950.980.240.12-0.36
0.710.80.260.360.720.19-0.18-1.0-0.50.290.20.540.91-0.380.00.530.780.650.50.680.50.320.910.10.05
0.780.530.060.940.771.0-0.9-0.15-0.870.970.20.690.12-0.14-0.140.830.510.780.870.650.930.980.14-0.01-0.45
0.820.750.170.720.820.69-0.58-0.5-0.820.720.540.690.53-0.3-0.030.570.740.770.730.790.80.730.540.13-0.2
0.710.750.230.280.730.12-0.03-0.91-0.460.220.910.120.53-0.370.020.530.760.530.440.790.440.221.00.030.07
-0.32-0.170.64-0.06-0.34-0.130.090.390.44-0.15-0.38-0.14-0.3-0.37-0.49-0.26-0.28-0.5-0.11-0.39-0.13-0.18-0.370.1-0.44
-0.09-0.13-0.31-0.13-0.08-0.140.01-0.020.15-0.090.0-0.14-0.030.02-0.49-0.11-0.19-0.06-0.11-0.08-0.17-0.160.010.610.94
0.920.690.090.850.920.83-0.7-0.49-0.850.840.530.830.570.53-0.26-0.110.680.820.870.860.90.850.55-0.08-0.33
0.840.950.210.540.850.51-0.31-0.75-0.770.50.780.510.740.76-0.28-0.190.680.780.590.830.720.570.77-0.11-0.29
0.890.77-0.030.790.880.78-0.68-0.62-0.930.790.650.780.770.53-0.5-0.060.820.780.770.80.870.840.55-0.03-0.24
0.890.670.310.970.870.86-0.88-0.46-0.810.950.50.870.730.44-0.11-0.110.870.590.770.760.950.920.460.19-0.32
0.960.80.110.70.960.65-0.47-0.65-0.850.690.680.650.790.79-0.39-0.080.860.830.80.760.820.70.8-0.08-0.23
0.930.760.250.970.920.93-0.84-0.46-0.90.950.50.930.80.44-0.13-0.170.90.720.870.950.820.960.450.08-0.41
0.830.60.080.970.820.98-0.91-0.27-0.90.980.320.980.730.22-0.18-0.160.850.570.840.920.70.960.240.02-0.43
0.730.760.230.30.750.14-0.05-0.91-0.470.240.910.140.541.0-0.370.010.550.770.550.460.80.450.240.030.06
0.010.090.260.170.0-0.01-0.26-0.10.150.120.1-0.010.130.030.10.61-0.08-0.11-0.030.19-0.080.080.020.030.59
-0.27-0.23-0.28-0.38-0.26-0.450.27-0.090.38-0.360.05-0.45-0.20.07-0.440.94-0.33-0.29-0.24-0.32-0.23-0.41-0.430.060.59
Click cells to compare fundamentals

AquaBounty Technologies Account Relationship Matchups

AquaBounty Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets30.2M125.8M228.4M213.8M187.6M196.9M
Short Long Term Debt Total4.9M9.1M9.4M8.9M8.8M4.9M
Other Current Liab62.3K874.2K874.6K1.0M754.6K531.5K
Total Current Liabilities1.7M2.1M5.9M15.4M14.6M15.3M
Total Stockholder Equity23.8M114.9M213.8M191.9M165.0M173.3M
Property Plant And Equipment Net25.5M27.3M34.1M106.5M174.7M183.4M
Current Deferred Revenue653.4K960.2K874.6K(12.0M)(10.8M)(10.3M)
Net Debt2.1M(86.7M)(79.1M)(92.8M)584.4K613.6K
Retained Earnings(132.1M)(148.5M)(170.9M)(193.0M)(220.6M)(209.6M)
Accounts Payable809.4K799.9K4.3M12.0M13.0M13.6M
Cash2.8M95.8M88.5M101.6M8.2M7.8M
Non Current Assets Total25.8M28.1M35.4M107.8M175.9M184.7M
Non Currrent Assets Other32.0K576.7K1.1M1.1M1.0M1.1M
Cash And Short Term Investments2.8M95.8M190.2M101.6M8.2M7.8M
Net Receivables116.0K55.2K46.7K1.086.0K123.7K
Common Stock Total Equity15.1K21.6K55.5K71.0K63.9K50.0K
Common Stock Shares Outstanding1.0M1.8M3.5M3.6M3.8M4.0M
Liabilities And Stockholders Equity30.2M125.8M228.4M213.8M187.6M196.9M
Non Current Liabilities Total4.8M8.8M8.7M6.5M8.0M4.4M
Inventory1.2M1.5M1.3M2.3M1.7M1.8M
Other Current Assets42.8K358.7K1.1M2.1M1.6M1.7M
Other Stockholder Equity156.2M263.6M640.2M385.4M386.0M405.3M
Total Liab6.5M10.9M14.6M21.9M22.5M23.7M
Property Plant And Equipment Gross25.5M27.3M33.8M106.5M122.5M128.6M
Total Current Assets4.5M97.7M193.0M106.0M11.6M11.1M
Accumulated Other Comprehensive Income(360.2K)(267.3K)(255.6K)(516.8K)(405.5K)(425.7K)
Short Term Debt163.2K322.4K693.6K2.4M826.2K734.3K
Common Stock21.6K55.5K71.0K71.1K3.8K3.7K
Intangible Assets259.2K245.5K231.8M218.1M204.4K194.2K
Net Tangible Assets23.5M114.9M213.8M191.7M220.5M231.5M
Other Assets23.0K1.0M1.1M1.1M1.2M1.3M
Long Term Debt4.4M8.5M8.5M6.3M7.2M4.8M
Property Plant Equipment25.5M26.9M33.8M106.5M122.5M128.6M
Short Long Term Debt163.2K259.9K627.4K2.4M2.1M2.3M
Capital Surpluse142.7M156.2M263.6M384.9M442.6M464.7M
Retained Earnings Total Equity(118.9M)(132.1M)(148.5M)(170.9M)(153.8M)(161.5M)

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When determining whether AquaBounty Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AquaBounty Technologies' 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 Aquabounty Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aquabounty Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AquaBounty Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
For information on how to trade AquaBounty Stock refer to our How to Trade AquaBounty Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 AquaBounty Technologies. If investors know AquaBounty 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 AquaBounty Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.06)
Revenue Per Share
0.326
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.09)
Return On Equity
(0.54)
The market value of AquaBounty Technologies is measured differently than its book value, which is the value of AquaBounty that is recorded on the company's balance sheet. Investors also form their own opinion of AquaBounty Technologies' value that differs from its market value or its book value, called intrinsic value, which is AquaBounty Technologies' 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 AquaBounty Technologies' market value can be influenced by many factors that don't directly affect AquaBounty Technologies' 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 AquaBounty Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if AquaBounty Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AquaBounty Technologies' 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.