Quidel Change Receivables vs Change To Account Receivables Analysis
| QDEL Stock | USD 41.74 0.14 0.33% |
Quidel financial indicator trend analysis is much more than just breaking down Quidel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quidel is a good investment. Please check the relationship between Quidel Change Receivables and its Change To Account Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
Change Receivables vs Change To Account Receivables
Change Receivables vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quidel Change Receivables account and Change To Account Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quidel's Change Receivables and Change To Account Receivables is 0.98. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Quidel, assuming nothing else is changed. The correlation between historical values of Quidel's Change Receivables and Change To Account Receivables 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 Quidel are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change Receivables i.e., Quidel's Change Receivables and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Change To Account Receivables
Most indicators from Quidel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quidel 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.At this time, Quidel's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 15.9 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.20.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 75.7M | 117.5M | 178.9M | 187.8M | Depreciation And Amortization | 283.6M | 167.9K | 457.2M | 480.1M |
Quidel fundamental ratios Correlations
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Quidel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quidel fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 1.9B | 2.4B | 8.9B | 8.6B | 9.8B | 10.3B | |
| Short Long Term Debt Total | 108.5M | 138.6M | 2.8B | 2.6B | 3.0B | 3.2B | |
| Other Current Liab | 111.3M | 134.9M | 363.8M | 335.7M | 324.6M | 340.8M | |
| Total Current Liabilities | 337.0M | 323.5M | 1.0B | 833.8M | 958.9M | 1.0B | |
| Total Stockholder Equity | 1.3B | 1.9B | 4.9B | 5.0B | 5.8B | 6.0B | |
| Property Plant And Equipment Net | 211.0M | 476.8M | 1.5B | 1.6B | 1.9B | 1.9B | |
| Net Debt | (381.4M) | (664.2M) | 2.5B | 2.5B | 2.9B | 3.0B | |
| Retained Earnings | 945.0M | 1.6B | 2.2B | 2.2B | 2.5B | 2.6B | |
| Cash | 489.9M | 802.8M | 292.9M | 118.9M | 136.7M | 83.6M | |
| Non Current Assets Total | 728.8M | 990.1M | 7.3B | 7.3B | 8.3B | 8.8B | |
| Cash And Short Term Investments | 489.9M | 802.8M | 345M | 167.3M | 192.4M | 202.0M | |
| Net Receivables | 529.2M | 378M | 586.4M | 488.4M | 561.7M | 589.7M | |
| Common Stock Shares Outstanding | 43.6M | 42.9M | 57.4M | 66.8M | 76.8M | 80.7M | |
| Liabilities And Stockholders Equity | 1.9B | 2.4B | 8.9B | 8.6B | 9.8B | 10.3B | |
| Non Current Liabilities Total | 201.5M | 177.5M | 2.9B | 2.7B | 2.7B | 2.9B | |
| Inventory | 113.8M | 198.8M | 524.1M | 577.8M | 664.5M | 697.7M | |
| Other Stockholder Equity | 388.1M | 279.8M | 2.8B | 2.8B | 3.3B | 3.4B | |
| Total Liab | 538.5M | 501.0M | 3.9B | 3.6B | 4.1B | 4.3B | |
| Property Plant And Equipment Gross | 211.0M | 616.9M | 1.5B | 2.1B | 2.5B | 2.6B | |
| Total Current Assets | 1.1B | 1.4B | 1.6B | 1.3B | 1.5B | 1.6B | |
| Accumulated Other Comprehensive Income | (431K) | 355K | (67.6M) | (30M) | (27M) | (25.7M) | |
| Short Term Debt | 7.8M | 10M | 231.9M | 166.5M | 191.5M | 201.0M | |
| Non Currrent Assets Other | 13.5M | 19.6M | 122.7M | 179M | 179.6M | 188.6M | |
| Other Current Assets | 9.5M | 19.2M | 119.6M | 77M | 88.6M | 93.0M | |
| Accounts Payable | 86.3M | 101.5M | 283.3M | 294.8M | 339.0M | 356.0M | |
| Intangible Assets | 122.4M | 98.7M | 3.1B | 2.9B | 3.4B | 3.5B | |
| Current Deferred Revenue | 3.7M | 1.9M | 76.4M | 36.8M | 42.3M | 44.4M | |
| Other Assets | 31.6M | 158.8M | 39.7M | 395.8M | 455.2M | 477.9M | |
| Property Plant Equipment | 79.8M | 110.5M | 349.2M | 1.5B | 1.7B | 1.8B | |
| Other Liab | 127.6M | 96.7M | 48.6M | 294.9M | 339.1M | 356.1M | |
| Net Tangible Assets | 167.9M | 973.9M | 1.6B | (666M) | (765.9M) | (727.6M) | |
| Retained Earnings Total Equity | 61.8M | 134.7M | 945.0M | 1.6B | 1.9B | 2.0B | |
| Capital Surpluse | 363.9M | 425.6M | 388.1M | 279.8M | 321.7M | 290.1M | |
| Capital Lease Obligations | 108.5M | 138.6M | 186.4M | 199.5M | 229.4M | 240.9M |
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Is Health Care Equipment & Supplies 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 Quidel. If investors know Quidel 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 Quidel 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 (0.77) | Earnings Share (27.81) | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel'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 Quidel's market value can be influenced by many factors that don't directly affect Quidel'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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel'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.