EXACT Property Plant And Equipment Net vs Other Current Assets Analysis

EXAS Stock  USD 63.16  1.58  2.57%   
EXACT Sciences financial indicator trend analysis is much more than just examining EXACT Sciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EXACT Sciences is a good investment. Please check the relationship between EXACT Sciences Property Plant And Equipment Net and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EXACT Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EXACT Sciences Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between EXACT Sciences' Property Plant And Equipment Net and Other Current Assets is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of EXACT Sciences, assuming nothing else is changed. The correlation between historical values of EXACT Sciences' Property Plant And Equipment Net and Other 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 Property Plant And Equipment Net of EXACT Sciences are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., EXACT Sciences' Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from EXACT Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EXACT Sciences 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EXACT Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.At this time, EXACT Sciences' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.54 in 2024.
 2021 2022 2023 2024 (projected)
Non Recurring20.2M16.0M14.4M13.7M
Reconciled Depreciation180.3M197.6M206.6M131.5M

EXACT Sciences fundamental ratios Correlations

0.990.90.640.90.650.890.990.990.790.950.970.99-0.970.970.99-0.340.90.990.960.880.980.990.990.910.29
0.990.860.670.910.670.90.980.970.80.920.970.99-0.940.940.97-0.350.90.990.940.890.960.980.970.860.27
0.90.860.270.70.360.790.920.930.520.860.780.91-0.920.950.94-0.30.790.880.90.770.950.930.940.960.3
0.640.670.270.750.860.580.60.60.870.640.80.61-0.580.520.54-0.130.590.690.590.590.490.580.540.380.14
0.90.910.70.750.760.750.860.880.850.920.940.85-0.810.80.86-0.50.730.890.780.740.850.860.860.780.32
0.650.670.360.860.760.690.620.630.980.630.780.61-0.610.580.52-0.340.660.680.540.690.480.610.520.410.62
0.890.90.790.580.750.690.920.880.80.810.870.9-0.920.890.86-0.250.990.90.871.00.840.90.850.790.46
0.990.980.920.60.860.620.920.990.760.940.950.99-0.990.980.99-0.290.930.990.970.910.980.990.990.930.28
0.990.970.930.60.880.630.880.990.770.960.960.98-0.980.980.98-0.330.880.990.960.860.970.990.980.940.31
0.790.80.520.870.850.980.80.760.770.760.890.76-0.740.720.68-0.340.770.810.70.790.650.750.680.570.57
0.950.920.860.640.920.630.810.940.960.760.940.9-0.940.930.94-0.380.810.950.890.790.930.920.940.940.26
0.970.970.780.80.940.780.870.950.960.890.940.95-0.920.910.93-0.320.870.980.920.860.90.950.930.830.3
0.990.990.910.610.850.610.90.990.980.760.90.95-0.960.960.98-0.290.90.990.970.890.970.990.980.890.28
-0.97-0.94-0.92-0.58-0.81-0.61-0.92-0.99-0.98-0.74-0.94-0.92-0.96-0.98-0.960.26-0.92-0.97-0.96-0.9-0.94-0.96-0.96-0.93-0.29
0.970.940.950.520.80.580.890.980.980.720.930.910.96-0.980.97-0.260.890.970.960.870.960.980.960.950.34
0.990.970.940.540.860.520.860.990.980.680.940.930.98-0.960.97-0.320.870.970.960.851.00.991.00.940.2
-0.34-0.35-0.3-0.13-0.5-0.34-0.25-0.29-0.33-0.34-0.38-0.32-0.290.26-0.26-0.32-0.16-0.27-0.07-0.25-0.35-0.27-0.32-0.28-0.44
0.90.90.790.590.730.660.990.930.880.770.810.870.9-0.920.890.87-0.160.910.90.990.850.910.860.790.38
0.990.990.880.690.890.680.90.990.990.810.950.980.99-0.970.970.97-0.270.910.970.890.960.990.970.90.27
0.960.940.90.590.780.540.870.970.960.70.890.920.97-0.960.960.96-0.070.90.970.850.940.970.960.90.17
0.880.890.770.590.740.691.00.910.860.790.790.860.89-0.90.870.85-0.250.990.890.850.830.890.840.750.44
0.980.960.950.490.850.480.840.980.970.650.930.90.97-0.940.961.0-0.350.850.960.940.830.981.00.940.2
0.990.980.930.580.860.610.90.990.990.750.920.950.99-0.960.980.99-0.270.910.990.970.890.980.980.920.31
0.990.970.940.540.860.520.850.990.980.680.940.930.98-0.960.961.0-0.320.860.970.960.841.00.980.950.18
0.910.860.960.380.780.410.790.930.940.570.940.830.89-0.930.950.94-0.280.790.90.90.750.940.920.950.23
0.290.270.30.140.320.620.460.280.310.570.260.30.28-0.290.340.2-0.440.380.270.170.440.20.310.180.23
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EXACT Sciences Account Relationship Matchups

EXACT Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B4.9B6.7B6.2B6.5B6.8B
Total Stockholder Equity2.3B2.8B3.4B3.0B3.1B3.3B
Net Debt769.0M(27.1M)2.0B2.2B1.9B2.0B
Cash177.3M1.5B315.5M242.5M605.4M635.6M
Other Assets20.3M63.8M74.6M36.7M42.2M44.3M
Cash And Short Term Investments323.7M1.8B1.0B632.1M777.6M816.5M
Common Stock Shares Outstanding131.3M151.1M171.3M176.4M180.1M189.2M
Liabilities And Stockholders Equity3.5B4.9B6.7B6.2B6.5B6.8B
Other Stockholder Equity3.4B4.3B6.0B6.3B6.6B6.9B
Total Liab1.2B2.1B3.3B3.2B3.3B3.5B
Total Current Assets557.0M2.2B1.4B982.3M1.2B1.3B
Other Current Liab8.5M267.2M423.3M306.3M356.5M374.3M
Total Current Liabilities236.5M575.8M517.1M412.7M514.7M540.4M
Property Plant And Equipment Net581.8M576.6M754.5M851.8M842.1M884.2M
Retained Earnings(1.1B)(2.0B)(2.6B)(3.3B)(3.5B)(3.3B)
Accounts Payable26.0M35.7M67.8M74.9M78.8M82.8M
Non Current Assets Total2.9B2.7B5.3B5.2B5.3B5.5B
Non Currrent Assets Other20.3M(193.1M)(451.3M)(425.5M)177.4M186.3M
Common Stock Total Equity1.5M1.6M1.7M1.8M2.0M2.1M
Other Current Assets40.9M66.3M74.1M73.9M85.6M89.9M
Property Plant And Equipment Gross581.8M576.6M754.5M851.8M1.3B1.3B
Accumulated Other Comprehensive Income(100K)526K(1.4M)(5.2M)1.4M1.5M
Common Stock1.5M1.6M1.7M1.8M1.8M1.9M
Intangible Assets1.1B848.4M2.1B2.0B1.9B2.0B
Property Plant Equipment455.3M450.7M754.5M684.8M787.5M826.8M
Good Will1.2B1.2B2.3B2.3B2.4B2.5B
Other Liab28.1M61.6M417.8M345.1M396.8M416.7M
Short Term Investments146.4M348.7M715.0M389.6M172.3M222.6M
Non Current Liabilities Total981.2M1.5B2.8B2.8B2.8B3.0B
Current Deferred Revenue193.3M233.6M398.6M3.1M4.4M4.2M
Short Long Term Debt Total946.3M1.5B2.4B2.4B2.6B2.7B
Long Term Debt827.6M1.3B2.2B2.2B2.3B2.4B
Net Tangible Assets(58.7M)737.4M(1.0B)697.1M627.4M658.8M
Retained Earnings Total Equity(1.1B)(2.0B)(2.6B)(3.3B)(2.9B)(2.8B)
Long Term Debt Total4.3M688.8M827.6M2.2B2.5B2.6B
Capital Surpluse3.4B4.8B6.0B6.3B7.3B7.6B
Inventory61.7M92.3M105.0M118.3M127.5M133.8M
Non Current Liabilities Other34.9M61.6M417.8M352.5M336.0M352.8M
Short Term Debt8.7M330.2M25.9M31.6M79.4M43.8M

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