Azenta Change Receivables 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 Receivables 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 Receivables vs Issuance Of Capital Stock

Change Receivables 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 Receivables account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Azenta's Change Receivables and Issuance Of Capital Stock is -0.38. Overlapping area represents the amount of variation of Change Receivables 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 Receivables 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 Receivables 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 Receivables i.e., Azenta's Change Receivables and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

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 Revenue555.5M665.1M656.3M504.8M
Depreciation And Amortization53.7M85.6M90.7M95.3M

Azenta fundamental ratios Correlations

-0.130.580.650.990.77-0.920.810.280.920.920.430.90.760.360.620.340.72-0.030.680.920.160.780.310.770.82
-0.130.070.11-0.17-0.140.21-0.310.49-0.13-0.120.06-0.180.140.360.130.24-0.040.320.13-0.130.08-0.090.36-0.24-0.08
0.580.070.90.510.46-0.40.270.280.530.650.940.360.530.450.70.140.650.240.870.480.80.60.40.140.56
0.650.110.90.570.48-0.490.260.590.610.70.770.440.770.60.720.310.60.350.940.550.610.720.550.190.68
0.99-0.170.510.570.75-0.940.830.230.920.890.360.930.720.320.540.330.71-0.050.60.930.10.740.280.820.8
0.77-0.140.460.480.75-0.630.840.240.590.920.370.480.620.110.50.350.27-0.440.520.490.140.860.090.320.57
-0.920.21-0.4-0.49-0.94-0.63-0.79-0.17-0.96-0.81-0.21-0.93-0.67-0.26-0.42-0.36-0.580.05-0.5-0.890.03-0.72-0.19-0.79-0.78
0.81-0.310.270.260.830.84-0.79-0.090.720.810.220.720.46-0.210.390.050.39-0.60.350.67-0.010.7-0.240.660.61
0.280.490.280.590.230.24-0.17-0.090.230.330.160.140.730.740.290.610.080.480.490.210.150.360.72-0.030.32
0.92-0.130.530.610.920.59-0.960.720.230.810.340.930.760.330.640.380.650.040.670.920.050.730.250.750.86
0.92-0.120.650.70.890.92-0.810.810.330.810.520.690.770.330.660.410.51-0.170.740.710.250.940.290.480.76
0.430.060.940.770.360.37-0.210.220.160.340.520.20.350.270.65-0.10.560.120.770.330.910.450.240.040.36
0.9-0.180.360.440.930.48-0.930.720.140.930.690.20.650.270.470.260.740.060.490.98-0.040.520.210.940.77
0.760.140.530.770.720.62-0.670.460.730.760.770.350.650.60.660.610.420.210.780.690.120.740.520.430.73
0.360.360.450.60.320.11-0.26-0.210.740.330.330.270.270.60.330.740.380.820.510.360.190.270.990.090.34
0.620.130.70.720.540.5-0.420.390.290.640.660.650.470.660.330.250.510.070.910.530.30.670.280.240.71
0.340.240.140.310.330.35-0.360.050.610.380.41-0.10.260.610.740.25-0.020.380.30.25-0.260.410.680.040.35
0.72-0.040.650.60.710.27-0.580.390.080.650.510.560.740.420.380.51-0.020.330.60.830.390.320.370.720.65
-0.030.320.240.35-0.05-0.440.05-0.60.480.04-0.170.120.060.210.820.070.380.330.240.160.16-0.20.820.00.05
0.680.130.870.940.60.52-0.50.350.490.670.740.770.490.780.510.910.30.60.240.580.510.750.460.230.74
0.92-0.130.480.550.930.49-0.890.670.210.920.710.330.980.690.360.530.250.830.160.580.090.530.310.910.79
0.160.080.80.610.10.140.03-0.010.150.050.250.91-0.040.120.190.3-0.260.390.160.510.090.180.18-0.120.06
0.78-0.090.60.720.740.86-0.720.70.360.730.940.450.520.740.270.670.410.32-0.20.750.530.180.220.260.73
0.310.360.40.550.280.09-0.19-0.240.720.250.290.240.210.520.990.280.680.370.820.460.310.180.220.060.27
0.77-0.240.140.190.820.32-0.790.66-0.030.750.480.040.940.430.090.240.040.720.00.230.91-0.120.260.060.59
0.82-0.080.560.680.80.57-0.780.610.320.860.760.360.770.730.340.710.350.650.050.740.790.060.730.270.59
Click cells to compare fundamentals

Azenta Account Relationship Matchups

Azenta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B3.7B2.9B2.1B2.2B
Short Long Term Debt Total82.3M94.8M49.2M60.4M58.8M76.5M
Other Current Liab148.7M268.3M123.7M133.1M115.2M71.2M
Total Current Liabilities211.1M345.1M230.5M210.9M204.8M137.4M
Total Stockholder Equity1.2B1.3B3.4B2.5B1.8B1.9B
Property Plant And Equipment Net117.7M130.7M154.5M205.7M266.6M280.0M
Net Debt(213.4M)(132.7M)(609.0M)(618.5M)(252.1M)(239.5M)
Retained Earnings(551.1M)(470.1M)1.7B1.6B1.5B1.6B
Accounts Payable25.7M42.4M38.7M35.8M44.4M36.7M
Cash295.6M227.4M658.3M678.9M310.9M174.0M
Non Current Assets Total909.7M1.0B1.3B1.5B1.3B1.3B
Non Currrent Assets Other64.1M241.9M57.1M70.5M60.3M46.0M
Cash And Short Term Investments295.7M227.5M1.6B1.0B462.1M260.0M
Net Receivables94.8M119.9M163.8M156.5M172.7M95.5M
Common Stock Shares Outstanding73.9M74.5M74.9M66.3M53.2M54.3M
Liabilities And Stockholders Equity1.6B1.8B3.7B2.9B2.1B2.2B
Non Current Liabilities Total134.4M149.1M122.2M140.3M126.2M76.1M
Inventory114.8M60.4M85.5M128.2M115.3M84.4M
Other Current Assets266.8M369.6M640.0M116.4M82.7M78.8M
Other Stockholder Equity1.7B1.8B1.8B955.2M305.0M289.8M
Total Liab345.5M494.2M352.7M351.2M331.1M213.5M
Total Current Assets649.5M777.4M2.5B1.4B832.8M508.7M
Short Term Debt827K148.1M7.0M10.2M11.7M9.8M
Accumulated Other Comprehensive Income21.9M19.4M(83.9M)(62.4M)(13.5M)(12.8M)
Intangible Assets218.3M186.5M178.4M294.3M248.0M260.4M
Common Stock873K878K885K713K590K730.0K
Short Term Investments67K81K911.8M338.9M151.2M106.5M
Current Deferred Revenue31.4M25.7M39.7M34.6M32.0M24.0M
Good Will501.5M469.4M513.6M784.3M691.4M726.0M
Other Liab65.7M54.3M73.0M78.5M90.3M62.9M
Net Tangible Assets548.1M669.4M2.7B1.5B1.7B1.1B
Other Assets129.2M202.3M58.3M4.5M4.0M3.8M
Net Invested Capital1.3B1.4B3.4B2.5B2.9B2.0B
Long Term Investments3.1M3.6M352.0M111.3M128.0M88.0M
Capital Stock873K878K885K713K641.7K672.9K
Non Current Liabilities Other9.6M6.2M6.5M12.2M14.0M9.2M
Net Working Capital438.3M432.3M2.2B1.2B1.4B931.7M

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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.