Quanterix Long Term Debt vs Net Receivables Analysis

QTRX Stock

USD 12.47 0.41 3.40%

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 Long Term Debt and its Net Receivables 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.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quanterix Corp Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Quanterix Corp's Long Term Debt and Net Receivables is -0.67. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables 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 Long Term Debt and Net 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 Long Term Debt of Quanterix Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Quanterix Corp's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Quanterix Corp has held for over one year. Long-term debt appears on Quanterix Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Quanterix Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

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 664.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	61.7M	46.2M	70.6M	36.1M
Total Revenue	110.6M	105.0M	122.4M	69.8M

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		0.76	0.93	0.93	1.0	0.27	0.94	0.96	0.89	-0.94	-0.9	0.8	0.96	0.94	-0.4	0.55	-0.65	1.0	0.98	0.92	0.98	-0.68	0.82	0.98	0.91	0.99
Short Long Term Debt Total	0.76		0.65	0.7	0.74	-0.06	0.7	0.88	0.69	-0.6	-0.77	0.3	0.65	0.73	-0.25	0.6	-0.28	0.75	0.75	0.62	0.76	-0.31	0.93	0.72	0.69	0.77
Other Current Liab	0.93	0.65		0.98	0.93	0.31	0.9	0.89	0.84	-0.88	-0.84	0.92	0.89	0.95	-0.42	0.75	-0.71	0.92	0.96	0.93	0.94	-0.74	0.68	0.96	0.97	0.93
Total Current Liabilities	0.93	0.7	0.98		0.92	0.26	0.91	0.9	0.89	-0.84	-0.87	0.87	0.86	0.93	-0.34	0.75	-0.76	0.91	0.96	0.95	0.95	-0.79	0.7	0.95	0.95	0.93
Total Stockholder Equity	1.0	0.74	0.93	0.92		0.27	0.94	0.95	0.88	-0.95	-0.89	0.81	0.96	0.93	-0.4	0.52	-0.65	1.0	0.98	0.91	0.98	-0.68	0.8	0.98	0.91	0.98
Other Liab	0.27	-0.06	0.31	0.26	0.27		0.29	0.26	0.25	-0.25	-0.29	0.42	0.24	0.46	-0.16	0.14	-0.32	0.23	0.3	0.41	0.3	-0.36	0.27	0.34	0.17	0.32
Net Tangible Assets	0.94	0.7	0.9	0.91	0.94	0.29		0.9	0.89	-0.87	-0.97	0.79	0.88	0.89	-0.17	0.52	-0.72	0.94	0.94	0.91	0.96	-0.76	0.75	0.94	0.86	0.95
Property Plant And Equipment Net	0.96	0.88	0.89	0.9	0.95	0.26	0.9		0.88	-0.87	-0.91	0.68	0.9	0.95	-0.41	0.64	-0.57	0.95	0.95	0.89	0.97	-0.6	0.93	0.95	0.87	0.97
Current Deferred Revenue	0.89	0.69	0.84	0.89	0.88	0.25	0.89	0.88		-0.77	-0.93	0.72	0.8	0.82	-0.18	0.48	-0.84	0.88	0.9	0.95	0.94	-0.84	0.74	0.89	0.75	0.93
Net Debt	-0.94	-0.6	-0.88	-0.84	-0.95	-0.25	-0.87	-0.87	-0.77		0.78	-0.82	-1.0	-0.88	0.58	-0.46	0.62	-0.95	-0.88	-0.83	-0.9	0.64	-0.67	-0.88	-0.85	-0.9
Retained Earnings	-0.9	-0.77	-0.84	-0.87	-0.89	-0.29	-0.97	-0.91	-0.93	0.78		-0.68	-0.81	-0.86	0.09	-0.5	0.7	-0.89	-0.91	-0.89	-0.95	0.71	-0.83	-0.9	-0.77	-0.93
Accounts Payable	0.8	0.3	0.92	0.87	0.81	0.42	0.79	0.68	0.72	-0.82	-0.68		0.8	0.82	-0.37	0.57	-0.75	0.78	0.83	0.85	0.8	-0.77	0.39	0.84	0.86	0.79
Cash	0.96	0.65	0.89	0.86	0.96	0.24	0.88	0.9	0.8	-1.0	-0.81	0.8		0.9	-0.56	0.49	-0.62	0.96	0.9	0.85	0.92	-0.65	0.72	0.9	0.87	0.92
Non Current Assets Total	0.94	0.73	0.95	0.93	0.93	0.46	0.89	0.95	0.82	-0.88	-0.86	0.82	0.9		-0.48	0.72	-0.61	0.92	0.95	0.91	0.94	-0.65	0.83	0.95	0.92	0.95
Non Currrent Assets Other	-0.4	-0.25	-0.42	-0.34	-0.4	-0.16	-0.17	-0.41	-0.18	0.58	0.09	-0.37	-0.56	-0.48		-0.41	0.13	-0.39	-0.3	-0.32	-0.32	0.16	-0.3	-0.32	-0.42	-0.35
Other Assets	0.55	0.6	0.75	0.75	0.52	0.14	0.52	0.64	0.48	-0.46	-0.5	0.57	0.49	0.72	-0.41		-0.38	0.5	0.62	0.58	0.57	-0.41	0.52	0.6	0.78	0.55
Long Term Debt	-0.65	-0.28	-0.71	-0.76	-0.65	-0.32	-0.72	-0.57	-0.84	0.62	0.7	-0.75	-0.62	-0.61	0.13	-0.38		-0.65	-0.67	-0.83	-0.72	0.97	-0.32	-0.66	-0.56	-0.67
Cash And Short Term Investments	1.0	0.75	0.92	0.91	1.0	0.23	0.94	0.95	0.88	-0.95	-0.89	0.78	0.96	0.92	-0.39	0.5	-0.65		0.97	0.9	0.97	-0.67	0.8	0.97	0.89	0.98
Net Receivables	0.98	0.75	0.96	0.96	0.98	0.3	0.94	0.95	0.9	-0.88	-0.91	0.83	0.9	0.95	-0.3	0.62	-0.67	0.97		0.94	0.98	-0.7	0.8	1.0	0.93	0.98
Common Stock Total Equity	0.92	0.62	0.93	0.95	0.91	0.41	0.91	0.89	0.95	-0.83	-0.89	0.85	0.85	0.91	-0.32	0.58	-0.83	0.9	0.94		0.96	-0.88	0.7	0.94	0.84	0.95
Common Stock Shares Outstanding	0.98	0.76	0.94	0.95	0.98	0.3	0.96	0.97	0.94	-0.9	-0.95	0.8	0.92	0.94	-0.32	0.57	-0.72	0.97	0.98	0.96		-0.76	0.82	0.98	0.89	1.0
Long Term Debt Total	-0.68	-0.31	-0.74	-0.79	-0.68	-0.36	-0.76	-0.6	-0.84	0.64	0.71	-0.77	-0.65	-0.65	0.16	-0.41	0.97	-0.67	-0.7	-0.88	-0.76		-0.35	-0.7	-0.59	-0.71
Non Current Liabilities Total	0.82	0.93	0.68	0.7	0.8	0.27	0.75	0.93	0.74	-0.67	-0.83	0.39	0.72	0.83	-0.3	0.52	-0.32	0.8	0.8	0.7	0.82	-0.35		0.79	0.67	0.84
Inventory	0.98	0.72	0.96	0.95	0.98	0.34	0.94	0.95	0.89	-0.88	-0.9	0.84	0.9	0.95	-0.32	0.6	-0.66	0.97	1.0	0.94	0.98	-0.7	0.79		0.93	0.99
Other Current Assets	0.91	0.69	0.97	0.95	0.91	0.17	0.86	0.87	0.75	-0.85	-0.77	0.86	0.87	0.92	-0.42	0.78	-0.56	0.89	0.93	0.84	0.89	-0.59	0.67	0.93		0.89
Other Stockholder Equity	0.99	0.77	0.93	0.93	0.98	0.32	0.95	0.97	0.93	-0.9	-0.93	0.79	0.92	0.95	-0.35	0.55	-0.67	0.98	0.98	0.95	1.0	-0.71	0.84	0.99	0.89

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Quanterix Corp Account Relationship Matchups

Quanterix Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	170.0M	271.0M	501.5M	434.2M	425.0M	245.1M
Short Long Term Debt Total	7.7M	30.8M	21.9M	44.1M	41.5M	23.4M
Other Current Liab	9.3M	17.3M	18.1M	12.9M	14.7M	11.4M
Total Current Liabilities	19.8M	39.8M	37.0M	31.0M	38.5M	27.2M
Total Stockholder Equity	128.7M	206.1M	441.0M	358.9M	346.9M	194.0M
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	12.0M	25.9M	29.5M	41.4M	36.2M	18.6M
Current Deferred Revenue	4.7M	5.4M	6.4M	8.6M	9.5M	6.1M
Net Debt	(101.5M)	(150.8M)	(374.6M)	(294.6M)	(133.0M)	(139.6M)
Retained Earnings	(216.2M)	(247.8M)	(305.5M)	(402.2M)	(434.5M)	(412.8M)
Accounts Payable	5.8M	6.8M	9.2M	3.8M	5.0M	5.3M
Cash	109.2M	181.6M	396.5M	338.7M	174.4M	165.9M
Non Current Assets Total	37.3M	51.4M	52.6M	52.8M	46.6M	31.0M
Non Currrent Assets Other	(1.7M)	(4.8M)	(4.6M)	(6.5M)	4.4M	4.6M
Other Assets	1.6M	13.4M	3.0M	3.9M	4.5M	3.3M
Cash And Short Term Investments	109.2M	181.6M	396.5M	338.7M	321.3M	183.9M
Net Receivables	10.9M	17.2M	23.8M	19.0M	25.4M	14.0M
Common Stock Shares Outstanding	25.1M	29.6M	36.0M	37.0M	37.6M	29.5M
Liabilities And Stockholders Equity	170.0M	271.0M	501.5M	434.2M	425.0M	245.1M
Non Current Liabilities Total	21.5M	25.1M	23.6M	44.3M	39.6M	24.0M
Inventory	10.5M	14.9M	22.2M	16.8M	22.4M	12.1M
Other Current Assets	2.1M	12.0M	13.0M	6.9M	9.3M	5.7M
Other Stockholder Equity	345.0M	451.4M	745.9M	763.7M	783.1M	419.7M
Total Liab	41.3M	64.9M	60.6M	75.3M	78.1M	51.1M
Property Plant And Equipment Gross	12.0M	25.9M	18.0M	20.2M	50.3M	52.8M
Total Current Assets	132.7M	219.6M	449.0M	381.4M	378.4M	214.1M
Accumulated Other Comprehensive Income	(153K)	2.4M	441K	(2.6M)	(1.8M)	(1.8M)
Short Term Debt	75K	10.1M	2.9M	5.4M	8.5M	4.3M
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	136.3M	213.8M	441.0M	358.9M	346.9M	254.7M
Net Working Capital	112.8M	179.8M	412.0M	350.4M	339.9M	236.6M

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Quanterix Long Term Debt vs Net Receivables Analysis

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Receivables

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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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Inventory	+ 1.0	Net Receivables
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Other Stockholder Equity	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Retained Earnings	- 0.97	Net Tangible Assets
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Cash And Short Term Investments	- 0.95	Net Debt
Net Debt	- 0.95	Total Stockholder Equity
Net Debt	- 0.94	Total Assets