Quanterix Current Deferred Revenue vs Cash And Short Term Investments Analysis

QTRX Stock

USD 7.89 0.17 2.11%

Quanterix Corp financial indicator trend analysis is much more than just breaking down Quanterix Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quanterix Corp is a good investment. Please check the relationship between Quanterix Corp Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quanterix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Quanterix Stock please use our How to Invest in Quanterix Corp guide.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quanterix Corp Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Quanterix Corp's Current Deferred Revenue and Cash And Short Term Investments is 0.87. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Quanterix Corp, assuming nothing else is changed. The correlation between historical values of Quanterix Corp's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Quanterix Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Quanterix Corp's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Quanterix Corp balance sheet. This account contains Quanterix Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Quanterix Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Quanterix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quanterix Corp 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 Quanterix Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Quanterix Stock please use our How to Invest in Quanterix Corp guide.At this time, Quanterix Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 764.3 K in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.79 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	46.2M	70.6M	81.2M	85.3M
Total Revenue	105.0M	122.4M	140.7M	147.8M

Gross Profit Total Revenue

Quanterix Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.75	0.95	0.94	0.95	0.25	0.94	0.91	0.91	-0.88	-0.93	0.8	0.93	0.95	-0.2	0.55	-0.65	0.95	0.91	0.93	0.98	-0.68	0.85	0.92	0.92	0.93
Short Long Term Debt Total	0.75		0.73	0.73	0.83	0.0	0.82	0.93	0.74	-0.51	-0.86	0.39	0.62	0.72	0.14	0.53	-0.39	0.84	0.86	0.64	0.79	-0.41	0.86	0.84	0.69	0.86
Other Current Liab	0.95	0.73		0.99	0.9	0.26	0.92	0.88	0.91	-0.76	-0.9	0.85	0.83	0.94	-0.09	0.69	-0.69	0.89	0.92	0.94	0.96	-0.72	0.8	0.92	0.96	0.9
Total Current Liabilities	0.94	0.73	0.99		0.9	0.24	0.92	0.88	0.91	-0.78	-0.9	0.85	0.84	0.94	-0.13	0.72	-0.75	0.89	0.91	0.95	0.96	-0.78	0.77	0.91	0.95	0.9
Total Stockholder Equity	0.95	0.83	0.9	0.9		0.25	0.99	0.97	0.87	-0.85	-0.95	0.79	0.9	0.9	-0.08	0.51	-0.68	1.0	0.98	0.89	0.94	-0.7	0.79	0.98	0.88	0.99
Other Liab	0.25	0.0	0.26	0.24	0.25		0.27	0.24	0.22	-0.25	-0.27	0.41	0.24	0.43	-0.16	0.14	-0.32	0.22	0.26	0.39	0.26	-0.35	0.23	0.3	0.16	0.29
Net Tangible Assets	0.94	0.82	0.92	0.92	0.99	0.27		0.96	0.89	-0.83	-0.96	0.81	0.89	0.9	-0.07	0.53	-0.73	0.99	0.98	0.92	0.95	-0.76	0.78	0.98	0.87	0.99
Property Plant And Equipment Net	0.91	0.93	0.88	0.88	0.97	0.24	0.96		0.87	-0.76	-0.97	0.68	0.83	0.9	-0.04	0.59	-0.61	0.97	0.97	0.85	0.93	-0.63	0.87	0.97	0.84	0.98
Current Deferred Revenue	0.91	0.74	0.91	0.91	0.87	0.22	0.89	0.87		-0.69	-0.94	0.71	0.77	0.84	0.03	0.47	-0.79	0.87	0.87	0.94	0.96	-0.8	0.81	0.87	0.79	0.9
Net Debt	-0.88	-0.51	-0.76	-0.78	-0.85	-0.25	-0.83	-0.76	-0.69		0.76	-0.81	-0.99	-0.84	0.55	-0.46	0.62	-0.84	-0.73	-0.81	-0.8	0.64	-0.61	-0.75	-0.82	-0.78
Retained Earnings	-0.93	-0.86	-0.9	-0.9	-0.95	-0.27	-0.96	-0.97	-0.94	0.76		-0.71	-0.82	-0.9	0.0	-0.51	0.7	-0.95	-0.95	-0.91	-0.96	0.72	-0.87	-0.95	-0.82	-0.98
Accounts Payable	0.8	0.39	0.85	0.85	0.79	0.41	0.81	0.68	0.71	-0.81	-0.71		0.81	0.82	-0.28	0.58	-0.77	0.77	0.77	0.87	0.78	-0.78	0.44	0.8	0.86	0.76
Cash	0.93	0.62	0.83	0.84	0.9	0.24	0.89	0.83	0.77	-0.99	-0.82	0.81		0.89	-0.47	0.51	-0.64	0.9	0.8	0.86	0.87	-0.66	0.7	0.82	0.86	0.84
Non Current Assets Total	0.95	0.72	0.94	0.94	0.9	0.43	0.9	0.9	0.84	-0.84	-0.9	0.82	0.89		-0.31	0.71	-0.62	0.89	0.88	0.92	0.94	-0.66	0.85	0.89	0.93	0.89
Non Currrent Assets Other	-0.2	0.14	-0.09	-0.13	-0.08	-0.16	-0.07	-0.04	0.03	0.55	0.0	-0.28	-0.47	-0.31		-0.36	0.07	-0.07	0.08	-0.19	-0.1	0.1	-0.06	0.05	-0.25	0.0
Other Assets	0.55	0.53	0.69	0.72	0.51	0.14	0.53	0.59	0.47	-0.46	-0.51	0.58	0.51	0.71	-0.36		-0.39	0.49	0.55	0.59	0.56	-0.42	0.5	0.55	0.76	0.52
Long Term Debt	-0.65	-0.39	-0.69	-0.75	-0.68	-0.32	-0.73	-0.61	-0.79	0.62	0.7	-0.77	-0.64	-0.62	0.07	-0.39		-0.67	-0.67	-0.83	-0.7	0.97	-0.36	-0.67	-0.58	-0.68
Cash And Short Term Investments	0.95	0.84	0.89	0.89	1.0	0.22	0.99	0.97	0.87	-0.84	-0.95	0.77	0.9	0.89	-0.07	0.49	-0.67		0.97	0.88	0.94	-0.69	0.79	0.98	0.86	0.98
Net Receivables	0.91	0.86	0.92	0.91	0.98	0.26	0.98	0.97	0.87	-0.73	-0.95	0.77	0.8	0.88	0.08	0.55	-0.67	0.97		0.87	0.93	-0.69	0.78	1.0	0.86	0.99
Common Stock Total Equity	0.93	0.64	0.94	0.95	0.89	0.39	0.92	0.85	0.94	-0.81	-0.91	0.87	0.86	0.92	-0.19	0.59	-0.83	0.88	0.87		0.96	-0.88	0.74	0.88	0.86	0.9
Common Stock Shares Outstanding	0.98	0.79	0.96	0.96	0.94	0.26	0.95	0.93	0.96	-0.8	-0.96	0.78	0.87	0.94	-0.1	0.56	-0.7	0.94	0.93	0.96		-0.74	0.87	0.93	0.9	0.95
Long Term Debt Total	-0.68	-0.41	-0.72	-0.78	-0.7	-0.35	-0.76	-0.63	-0.8	0.64	0.72	-0.78	-0.66	-0.66	0.1	-0.42	0.97	-0.69	-0.69	-0.88	-0.74		-0.4	-0.7	-0.61	-0.71
Non Current Liabilities Total	0.85	0.86	0.8	0.77	0.79	0.23	0.78	0.87	0.81	-0.61	-0.87	0.44	0.7	0.85	-0.06	0.5	-0.36	0.79	0.78	0.74	0.87	-0.4		0.78	0.73	0.82
Inventory	0.92	0.84	0.92	0.91	0.98	0.3	0.98	0.97	0.87	-0.75	-0.95	0.8	0.82	0.89	0.05	0.55	-0.67	0.98	1.0	0.88	0.93	-0.7	0.78		0.87	0.99
Other Current Assets	0.92	0.69	0.96	0.95	0.88	0.16	0.87	0.84	0.79	-0.82	-0.82	0.86	0.86	0.93	-0.25	0.76	-0.58	0.86	0.86	0.86	0.9	-0.61	0.73	0.87		0.85
Other Stockholder Equity	0.93	0.86	0.9	0.9	0.99	0.29	0.99	0.98	0.9	-0.78	-0.98	0.76	0.84	0.89	0.0	0.52	-0.68	0.98	0.99	0.9	0.95	-0.71	0.82	0.99	0.85

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Quanterix Corp Account Relationship Matchups

Quanterix Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	271.0M	501.5M	434.2M	425.0M	488.8M	245.1M
Short Long Term Debt Total	30.8M	21.9M	44.1M	41.5M	47.7M	50.1M
Other Current Liab	17.3M	18.1M	12.9M	18.9M	21.7M	11.9M
Total Current Liabilities	39.8M	37.0M	31.0M	38.5M	44.2M	27.2M
Total Stockholder Equity	206.1M	441.0M	358.9M	346.9M	399.0M	418.9M
Other Liab	13.9M	3.2M	3.1M	2.9M	3.3M	3.8M
Net Tangible Assets	105.0M	206.1M	420.8M	358.9M	412.8M	433.4M
Property Plant And Equipment Net	25.9M	29.5M	41.4M	36.2M	41.6M	43.7M
Current Deferred Revenue	5.4M	6.4M	8.6M	9.5M	10.9M	6.1M
Net Debt	(150.8M)	(374.6M)	(294.6M)	(133.0M)	(119.7M)	(125.6M)
Retained Earnings	(247.8M)	(305.5M)	(402.2M)	(434.5M)	(391.0M)	(371.5M)
Accounts Payable	6.8M	9.2M	3.8M	5.0M	5.8M	5.3M
Cash	181.6M	396.5M	338.7M	174.4M	200.6M	165.9M
Non Current Assets Total	51.4M	52.6M	52.8M	46.6M	53.6M	31.0M
Non Currrent Assets Other	(4.8M)	(4.6M)	(6.5M)	4.4M	4.0M	4.2M
Other Assets	1.6M	13.4M	3.0M	3.9M	4.5M	3.3M
Cash And Short Term Investments	181.6M	396.5M	338.7M	321.3M	369.5M	388.0M
Net Receivables	17.2M	23.8M	19.0M	25.4M	29.2M	30.7M
Common Stock Shares Outstanding	29.6M	36.0M	37.0M	37.6M	43.2M	29.5M
Liabilities And Stockholders Equity	271.0M	501.5M	434.2M	425.0M	488.8M	245.1M
Non Current Liabilities Total	25.1M	23.6M	44.3M	39.6M	45.6M	24.0M
Inventory	14.9M	22.2M	16.8M	22.4M	25.7M	27.0M
Other Current Assets	12.0M	13.0M	6.9M	9.3M	10.7M	5.7M
Other Stockholder Equity	451.4M	745.9M	763.7M	783.1M	900.6M	945.6M
Total Liab	64.9M	60.6M	75.3M	78.1M	89.8M	51.1M
Property Plant And Equipment Gross	25.9M	18.0M	20.2M	50.3M	57.8M	60.7M
Total Current Assets	219.6M	449.0M	381.4M	378.4M	435.2M	456.9M
Accumulated Other Comprehensive Income	2.4M	441K	(2.6M)	(1.8M)	(2.0M)	(2.1M)
Short Term Debt	10.1M	2.9M	5.4M	11.9M	13.6M	14.3M
Common Stock	28K	32K	37K	38K	43.7K	26.9K
Property Plant Equipment	12.0M	13.9M	29.5M	20.2M	23.2M	24.3M
Non Current Liabilities Other	7.6M	2.6M	2.0M	1.5M	1.7M	2.3M
Capital Surpluse	345.0M	451.4M	745.9M	763.7M	878.2M	501.1M
Net Invested Capital	213.8M	441.0M	358.9M	346.9M	399.0M	254.7M
Net Working Capital	179.8M	412.0M	350.4M	339.9M	390.9M	236.6M

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Quanterix Current Deferred Revenue vs Cash And Short Term Investments Analysis

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash And Short Term Investments

Quanterix Corp fundamental ratios Correlations

Quanterix Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Quanterix Corp fundamental ratios Accounts

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Additional Tools for Quanterix Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Inventory	+ 1.0	Net Receivables
Total Current Liabilities	+ 0.99	Other Current Liab
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Net Tangible Assets

Cash	- 0.99	Net Debt
Other Stockholder Equity	- 0.98	Retained Earnings
Retained Earnings	- 0.97	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Net Tangible Assets
Inventory	- 0.95	Retained Earnings