Quidel Other Non Cash Items vs Stock Based Compensation Analysis

QDEL Stock  USD 42.94  1.59  3.85%   
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 Other Non Cash Items and its Stock Based Compensation 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.

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quidel Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Quidel's Other Non Cash Items and Stock Based Compensation is -0.44. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Quidel, assuming nothing else is changed. The correlation between historical values of Quidel's Other Non Cash Items and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Quidel are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Quidel's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Non Cash Items

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
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.
 2021 2022 2023 2024 (projected)
Interest Expense5.7M75.7M117.5M123.4M
Depreciation And Amortization54.4M283.6M167.9K159.5K

Quidel fundamental ratios Correlations

0.980.990.991.01.00.940.940.140.990.210.860.840.981.00.990.990.980.850.960.970.621.00.990.990.42
0.980.960.960.960.980.980.870.00.990.060.770.81.00.970.991.00.960.750.970.970.670.971.00.990.47
0.990.960.990.980.980.90.950.20.970.260.890.860.960.990.960.980.960.880.950.940.650.990.960.980.46
0.990.960.990.990.970.890.950.230.970.290.910.840.960.980.960.980.940.890.960.930.620.990.960.970.46
1.00.960.980.991.00.90.970.210.980.270.880.850.961.00.970.980.980.880.940.970.571.00.970.980.36
1.00.980.980.971.00.930.940.130.990.20.830.840.981.00.990.980.990.830.950.980.580.990.980.990.37
0.940.980.90.890.90.930.77-0.20.97-0.130.650.740.980.920.970.970.920.610.950.940.670.910.980.970.5
0.940.870.950.950.970.940.770.440.90.490.940.810.870.950.880.90.930.960.850.890.50.960.880.90.27
0.140.00.20.230.210.13-0.20.440.041.00.520.190.00.160.00.050.110.630.00.0-0.070.2-0.010.03-0.17
0.990.990.970.970.980.990.970.90.040.10.80.830.990.991.01.00.980.780.970.980.620.981.01.00.44
0.210.060.260.290.270.2-0.130.491.00.10.570.230.060.220.070.120.170.680.070.06-0.030.260.050.09-0.13
0.860.770.890.910.880.830.650.940.520.80.570.770.770.850.790.810.810.970.760.760.470.890.770.810.27
0.840.80.860.840.850.840.740.810.190.830.230.770.80.850.830.820.840.760.780.820.480.850.80.840.34
0.981.00.960.960.960.980.980.870.00.990.060.770.80.970.991.00.960.750.980.960.690.971.00.990.49
1.00.970.990.981.01.00.920.950.160.990.220.850.850.970.980.980.990.850.940.980.61.00.970.990.39
0.990.990.960.960.970.990.970.880.01.00.070.790.830.990.980.990.970.760.970.980.60.981.01.00.43
0.991.00.980.980.980.980.970.90.051.00.120.810.821.00.980.990.960.790.980.960.680.980.991.00.49
0.980.960.960.940.980.990.920.930.110.980.170.810.840.960.990.970.960.810.910.990.550.980.960.970.3
0.850.750.880.890.880.830.610.960.630.780.680.970.760.750.850.760.790.810.740.750.480.880.750.780.25
0.960.970.950.960.940.950.950.850.00.970.070.760.780.980.940.970.980.910.740.910.650.940.980.970.58
0.970.970.940.930.970.980.940.890.00.980.060.760.820.960.980.980.960.990.750.910.550.970.970.980.33
0.620.670.650.620.570.580.670.5-0.070.62-0.030.470.480.690.60.60.680.550.480.650.550.590.630.640.69
1.00.970.990.991.00.990.910.960.20.980.260.890.850.971.00.980.980.980.880.940.970.590.970.980.37
0.991.00.960.960.970.980.980.88-0.011.00.050.770.81.00.971.00.990.960.750.980.970.630.971.00.46
0.990.990.980.970.980.990.970.90.031.00.090.810.840.990.991.01.00.970.780.970.980.640.981.00.45
0.420.470.460.460.360.370.50.27-0.170.44-0.130.270.340.490.390.430.490.30.250.580.330.690.370.460.45
Click cells to compare fundamentals

Quidel Account Relationship Matchups

Quidel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets910.9M1.9B2.4B8.9B8.6B9.0B
Short Long Term Debt Total112.3M108.5M138.6M2.8B2.6B2.7B
Other Current Liab78.9M111.3M134.9M363.8M335.7M352.5M
Total Current Liabilities125.9M337.0M323.5M1.0B833.8M875.5M
Total Stockholder Equity559.8M1.3B1.9B4.9B5.0B5.3B
Property Plant And Equipment Net171.9M211.0M476.8M1.5B1.6B1.7B
Net Debt59.5M(381.4M)(664.2M)2.5B2.5B2.6B
Retained Earnings134.7M945.0M1.6B2.2B2.2B2.3B
Cash52.8M489.9M802.8M292.9M118.9M82.3M
Non Current Assets Total688.6M728.8M990.1M7.3B7.3B7.6B
Cash And Short Term Investments52.8M489.9M802.8M345M167.3M87.4M
Net Receivables94.5M529.2M378M586.4M488.4M512.8M
Common Stock Shares Outstanding43.1M43.6M42.9M57.4M66.8M70.1M
Liabilities And Stockholders Equity910.9M1.9B2.4B8.9B8.6B9.0B
Non Current Liabilities Total225.2M201.5M177.5M2.9B2.7B2.9B
Inventory58.1M113.8M198.8M524.1M577.8M606.7M
Other Stockholder Equity425.6M388.1M279.8M2.8B2.8B3.0B
Total Liab351.0M538.5M501.0M3.9B3.6B3.7B
Property Plant And Equipment Gross171.9M211.0M616.9M1.5B2.1B2.2B
Total Current Assets222.2M1.1B1.4B1.6B1.3B1.4B
Accumulated Other Comprehensive Income(463K)(431K)355K(67.6M)(30M)(28.5M)
Short Term Debt19.1M7.8M10M231.9M166.5M174.8M
Non Currrent Assets Other7.1M13.5M19.6M122.7M179M188.0M
Other Current Assets16.9M9.5M19.2M119.6M77M80.9M
Accounts Payable26.7M86.3M101.5M283.3M294.8M309.5M
Intangible Assets148.1M122.4M98.7M3.1B2.9B3.1B
Good Will337.0M337.0M337.0M2.5B2.5B2.6B
Current Deferred Revenue1.5M3.7M1.9M76.4M36.8M18.7M
Other Assets31.6M158.8M39.7M395.8M455.2M477.9M
Long Term Debt377.3M53.2M400K2.4B2.3B2.4B
Common Stock35K39K42K100K115K120.8K
Property Plant Equipment79.8M110.5M349.2M1.5B1.7B1.8B
Other Liab127.6M96.7M48.6M294.9M339.1M356.1M
Net Tangible Assets167.9M973.9M1.6B(666M)(765.9M)(727.6M)
Retained Earnings Total Equity61.8M134.7M945.0M1.6B1.9B2.0B
Capital Surpluse363.9M425.6M388.1M279.8M321.7M290.1M

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When determining whether Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
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.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
42.04
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0104
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.