Azenta Change In Working Capital vs Issuance Of Capital Stock Analysis
AZTA Stock | USD 50.53 0.00 0.00% |
Azenta financial indicator trend analysis is way more than just evaluating Azenta Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azenta Inc is a good investment. Please check the relationship between Azenta Change In Working Capital and its Issuance Of Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Change In Working Capital vs Issuance Of Capital Stock
Change In Working Capital vs Issuance Of Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azenta Inc Change In Working Capital account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Azenta's Change In Working Capital and Issuance Of Capital Stock is -0.63. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Azenta Inc, assuming nothing else is changed. The correlation between historical values of Azenta's Change In Working Capital and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Azenta Inc are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Change In Working Capital i.e., Azenta's Change In Working Capital and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Issuance Of Capital Stock
Most indicators from Azenta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azenta Inc 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 Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Azenta's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 111.91, whereas Selling General Administrative is forecasted to decline to about 243.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 555.5M | 665.1M | 656.3M | 504.8M | Depreciation And Amortization | 53.7M | 85.6M | 90.7M | 95.3M |
Azenta fundamental ratios Correlations
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Azenta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Azenta fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.8B | 3.7B | 2.9B | 2.1B | 2.2B | |
Short Long Term Debt Total | 82.3M | 94.8M | 49.2M | 60.4M | 58.8M | 76.5M | |
Other Current Liab | 148.7M | 268.3M | 123.7M | 133.1M | 115.2M | 71.2M | |
Total Current Liabilities | 211.1M | 345.1M | 230.5M | 210.9M | 204.8M | 137.4M | |
Total Stockholder Equity | 1.2B | 1.3B | 3.4B | 2.5B | 1.8B | 1.9B | |
Property Plant And Equipment Net | 117.7M | 130.7M | 154.5M | 205.7M | 266.6M | 280.0M | |
Net Debt | (213.4M) | (132.7M) | (609.0M) | (618.5M) | (252.1M) | (239.5M) | |
Retained Earnings | (551.1M) | (470.1M) | 1.7B | 1.6B | 1.5B | 1.6B | |
Accounts Payable | 25.7M | 42.4M | 38.7M | 35.8M | 44.4M | 36.7M | |
Cash | 295.6M | 227.4M | 658.3M | 678.9M | 310.9M | 174.0M | |
Non Current Assets Total | 909.7M | 1.0B | 1.3B | 1.5B | 1.3B | 1.3B | |
Non Currrent Assets Other | 64.1M | 241.9M | 57.1M | 70.5M | 60.3M | 46.0M | |
Cash And Short Term Investments | 295.7M | 227.5M | 1.6B | 1.0B | 462.1M | 260.0M | |
Net Receivables | 94.8M | 119.9M | 163.8M | 156.5M | 172.7M | 95.5M | |
Common Stock Shares Outstanding | 73.9M | 74.5M | 74.9M | 66.3M | 53.2M | 54.3M | |
Liabilities And Stockholders Equity | 1.6B | 1.8B | 3.7B | 2.9B | 2.1B | 2.2B | |
Non Current Liabilities Total | 134.4M | 149.1M | 122.2M | 140.3M | 126.2M | 76.1M | |
Inventory | 114.8M | 60.4M | 85.5M | 128.2M | 115.3M | 84.4M | |
Other Current Assets | 266.8M | 369.6M | 640.0M | 116.4M | 82.7M | 78.8M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.8B | 955.2M | 305.0M | 289.8M | |
Total Liab | 345.5M | 494.2M | 352.7M | 351.2M | 331.1M | 213.5M | |
Total Current Assets | 649.5M | 777.4M | 2.5B | 1.4B | 832.8M | 508.7M | |
Short Term Debt | 827K | 148.1M | 7.0M | 10.2M | 11.7M | 9.8M | |
Accumulated Other Comprehensive Income | 21.9M | 19.4M | (83.9M) | (62.4M) | (13.5M) | (12.8M) | |
Intangible Assets | 218.3M | 186.5M | 178.4M | 294.3M | 248.0M | 260.4M | |
Common Stock | 873K | 878K | 885K | 713K | 590K | 730.0K | |
Short Term Investments | 67K | 81K | 911.8M | 338.9M | 151.2M | 106.5M | |
Current Deferred Revenue | 31.4M | 25.7M | 39.7M | 34.6M | 32.0M | 24.0M | |
Good Will | 501.5M | 469.4M | 513.6M | 784.3M | 691.4M | 726.0M | |
Other Liab | 65.7M | 54.3M | 73.0M | 78.5M | 90.3M | 62.9M | |
Net Tangible Assets | 548.1M | 669.4M | 2.7B | 1.5B | 1.7B | 1.1B | |
Other Assets | 129.2M | 202.3M | 58.3M | 4.5M | 4.0M | 3.8M | |
Net Invested Capital | 1.3B | 1.4B | 3.4B | 2.5B | 2.9B | 2.0B | |
Long Term Investments | 3.1M | 3.6M | 352.0M | 111.3M | 128.0M | 88.0M | |
Capital Stock | 873K | 878K | 885K | 713K | 641.7K | 672.9K | |
Non Current Liabilities Other | 9.6M | 6.2M | 6.5M | 12.2M | 14.0M | 9.2M | |
Net Working Capital | 438.3M | 432.3M | 2.2B | 1.2B | 1.4B | 931.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Azenta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Azenta's 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 Azenta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azenta Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Life Sciences Tools & Services 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 Azenta. If investors know Azenta 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 Azenta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 87.778 | Earnings Share (3.09) | Revenue Per Share 12.343 | Quarterly Revenue Growth (0.01) | Return On Assets (0.02) |
The market value of Azenta Inc is measured differently than its book value, which is the value of Azenta that is recorded on the company's balance sheet. Investors also form their own opinion of Azenta's value that differs from its market value or its book value, called intrinsic value, which is Azenta's 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 Azenta's market value can be influenced by many factors that don't directly affect Azenta's 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 Azenta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azenta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azenta's 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.