Avidity Historical Balance Sheet

RNA Stock

USD 29.65 0.49 1.68%

Trend analysis of Avidity Biosciences balance sheet accounts such as Other Liabilities of 1.1 M, Accounts Payable of 10.6 M, Cash of 189.2 M or Other Assets of 0.86 provides information on Avidity Biosciences' total assets, liabilities, and equity, which is the actual value of Avidity Biosciences to its prevalent stockholders. By breaking down trends over time using Avidity Biosciences balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Avidity Biosciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avidity Biosciences is a good buy for the upcoming year.

Avidity Biosciences Inventory

(6.27 Million)

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Avidity Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.

About Avidity Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Avidity Biosciences at a specified time, usually calculated after every quarter, six months, or one year. Avidity Biosciences Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avidity Biosciences and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Avidity currently owns. An asset can also be divided into two categories, current and non-current.

Avidity Biosciences Balance Sheet Chart

At present, Avidity Biosciences' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 48.1 M, whereas Other Liabilities is forecasted to decline to about 1.1 M.

Total Assets Other Current Liab Total Current Liabilities Other Liab Accounts Payable Short Term Debt

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Total Assets

Total assets refers to the total amount of Avidity Biosciences assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Avidity Biosciences books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Avidity Biosciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Avidity Biosciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Avidity Biosciences obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Avidity Biosciences are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Avidity Biosciences' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Avidity Biosciences current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Avidity Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.At present, Avidity Biosciences' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 48.1 M, whereas Other Liabilities is forecasted to decline to about 1.1 M.

	2022	2023	2024	2025 (projected)
Other Current Liabilities	60.9M	39.9M	45.8M	48.1M
Total Assets	638.8M	628.6M	722.8M	759.0M

Other Current Liab Total Assets

Avidity Biosciences balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total
Total Assets		0.94	0.94	0.99	-0.26	0.87	0.76	-0.08	-0.71	0.95	0.62	-0.64	-0.8	0.94	-0.05	0.99	0.95	-0.74	-0.94	0.96	0.86	0.95	-0.85	0.86	-0.86	-0.25
Other Current Liab	0.94		0.89	0.95	-0.24	0.75	0.7	0.13	-0.65	0.87	0.49	-0.44	-0.72	0.94	0.16	0.93	0.92	-0.66	-0.89	0.92	0.74	0.89	-0.72	0.8	-0.72	-0.33
Total Current Liabilities	0.94	0.89		0.9	-0.3	0.9	0.51	-0.2	-0.63	0.99	0.72	-0.61	-0.68	0.92	0.12	0.92	0.93	-0.47	-0.97	0.93	0.72	0.84	-0.7	0.88	-0.71	-0.14
Total Stockholder Equity	0.99	0.95	0.9		-0.26	0.85	0.8	-0.03	-0.68	0.92	0.5	-0.58	-0.77	0.94	-0.04	0.99	0.94	-0.77	-0.91	0.94	0.82	0.95	-0.81	0.81	-0.82	-0.37
Other Liab	-0.26	-0.24	-0.3	-0.26		-0.13	0.05	0.66	0.03	-0.35	-0.15	0.52	-0.03	-0.28	-0.41	-0.35	-0.39	0.05	0.42	-0.38	-0.07	-0.29	0.05	-0.31	0.05	0.32
Accounts Payable	0.87	0.75	0.9	0.85	-0.13		0.54	-0.24	-0.66	0.91	0.62	-0.56	-0.71	0.75	-0.23	0.87	0.76	-0.51	-0.85	0.77	0.7	0.78	-0.71	0.74	-0.72	-0.18
Cash	0.76	0.7	0.51	0.8	0.05	0.54		0.31	-0.66	0.56	0.21	-0.35	-0.79	0.7	-0.34	0.76	0.69	-0.98	-0.53	0.7	0.82	0.8	-0.84	0.54	-0.84	-0.34
Other Assets	-0.08	0.13	-0.2	-0.03	0.66	-0.24	0.31		-0.24	-0.27	-0.29	0.62	-0.22	0.06	-0.04	-0.12	-0.09	-0.27	0.25	-0.08	0.07	-0.03	-0.07	-0.16	-0.06	0.0
Long Term Debt	-0.71	-0.65	-0.63	-0.68	0.03	-0.66	-0.66	-0.24		-0.63	-0.53	0.23	0.96	-0.67	0.37	-0.71	-0.66	0.73	0.6	-0.67	-0.84	-0.74	0.85	-0.64	0.85	-0.06
Other Current Assets	0.95	0.87	0.99	0.92	-0.35	0.91	0.56	-0.27	-0.63		0.73	-0.69	-0.7	0.91	0.05	0.95	0.94	-0.53	-0.97	0.94	0.76	0.87	-0.75	0.88	-0.76	-0.15
Total Liab	0.62	0.49	0.72	0.5	-0.15	0.62	0.21	-0.29	-0.53	0.73		-0.65	-0.61	0.54	-0.12	0.57	0.62	-0.22	-0.68	0.62	0.7	0.55	-0.67	0.74	-0.68	0.55
Intangible Assets	-0.64	-0.44	-0.61	-0.58	0.52	-0.56	-0.35	0.62	0.23	-0.69	-0.65		0.36	-0.51	0.09	-0.64	-0.63	0.35	0.6	-0.63	-0.55	-0.53	0.55	-0.53	0.56	0.0
Common Stock	-0.8	-0.72	-0.68	-0.77	-0.03	-0.71	-0.79	-0.22	0.96	-0.7	-0.61	0.36		-0.72	0.43	-0.79	-0.73	0.82	0.67	-0.74	-0.95	-0.83	0.96	-0.71	0.96	-0.08
Property Plant Equipment	0.94	0.94	0.92	0.94	-0.28	0.75	0.7	0.06	-0.67	0.91	0.54	-0.51	-0.72		0.21	0.93	0.98	-0.67	-0.91	0.98	0.76	0.88	-0.73	0.84	-0.74	-0.3
Short Long Term Debt Total	-0.05	0.16	0.12	-0.04	-0.41	-0.23	-0.34	-0.04	0.37	0.05	-0.12	0.09	0.43	0.21		-0.04	0.17	0.39	-0.16	0.14	-0.35	-0.06	0.44	0.13	0.44	-0.25
Net Tangible Assets	0.99	0.93	0.92	0.99	-0.35	0.87	0.76	-0.12	-0.71	0.95	0.57	-0.64	-0.79	0.93	-0.04		0.96	-0.75	-0.94	0.96	0.83	0.95	-0.83	0.84	-0.84	-0.32
Property Plant And Equipment Net	0.95	0.92	0.93	0.94	-0.39	0.76	0.69	-0.09	-0.66	0.94	0.62	-0.63	-0.73	0.98	0.17	0.96		-0.67	-0.94	1.0	0.79	0.9	-0.77	0.87	-0.77	-0.25
Net Debt	-0.74	-0.66	-0.47	-0.77	0.05	-0.51	-0.98	-0.27	0.73	-0.53	-0.22	0.35	0.82	-0.67	0.39	-0.75	-0.67		0.51	-0.69	-0.84	-0.8	0.86	-0.52	0.86	0.32
Retained Earnings	-0.94	-0.89	-0.97	-0.91	0.42	-0.85	-0.53	0.25	0.6	-0.97	-0.68	0.6	0.67	-0.91	-0.16	-0.94	-0.94	0.51		-0.94	-0.73	-0.89	0.7	-0.92	0.71	0.19
Non Current Assets Total	0.96	0.92	0.93	0.94	-0.38	0.77	0.7	-0.08	-0.67	0.94	0.62	-0.63	-0.74	0.98	0.14	0.96	1.0	-0.69	-0.94		0.81	0.91	-0.78	0.87	-0.79	-0.24
Non Currrent Assets Other	0.86	0.74	0.72	0.82	-0.07	0.7	0.82	0.07	-0.84	0.76	0.7	-0.55	-0.95	0.76	-0.35	0.83	0.79	-0.84	-0.73	0.81		0.89	-0.99	0.81	-0.99	0.1
Cash And Short Term Investments	0.95	0.89	0.84	0.95	-0.29	0.78	0.8	-0.03	-0.74	0.87	0.55	-0.53	-0.83	0.88	-0.06	0.95	0.9	-0.8	-0.89	0.91	0.89		-0.87	0.91	-0.87	-0.25
Common Stock Total Equity	-0.85	-0.72	-0.7	-0.81	0.05	-0.71	-0.84	-0.07	0.85	-0.75	-0.67	0.55	0.96	-0.73	0.44	-0.83	-0.77	0.86	0.7	-0.78	-0.99	-0.87		-0.75	1.0	-0.08
Common Stock Shares Outstanding	0.86	0.8	0.88	0.81	-0.31	0.74	0.54	-0.16	-0.64	0.88	0.74	-0.53	-0.71	0.84	0.13	0.84	0.87	-0.52	-0.92	0.87	0.81	0.91	-0.75		-0.76	0.03
Long Term Debt Total	-0.86	-0.72	-0.71	-0.82	0.05	-0.72	-0.84	-0.06	0.85	-0.76	-0.68	0.56	0.96	-0.74	0.44	-0.84	-0.77	0.86	0.71	-0.79	-0.99	-0.87	1.0	-0.76		-0.08
Non Current Liabilities Total	-0.25	-0.33	-0.14	-0.37	0.32	-0.18	-0.34	0.0	-0.06	-0.15	0.55	0.0	-0.08	-0.3	-0.25	-0.32	-0.25	0.32	0.19	-0.24	0.1	-0.25	-0.08	0.03	-0.08

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Avidity Biosciences Account Relationship Matchups

Avidity Biosciences balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	333.9M	427.6M	638.8M	628.6M	722.8M	759.0M
Other Current Liab	10.9M	28.0M	60.9M	39.9M	45.8M	48.1M
Total Current Liabilities	14.6M	29.7M	51.9M	80.7M	92.8M	97.4M
Total Stockholder Equity	306.2M	381.4M	578.1M	500.8M	575.9M	604.7M
Other Liab	15.1M	12.2M	6.5M	1.2M	1.1M	1.1M
Accounts Payable	7.7M	2.8M	4.6M	8.8M	10.1M	10.6M
Cash	328.1M	405.5M	340.4M	185.1M	212.8M	189.2M
Other Assets	298K	850K	849K	1.0	0.9	0.86
Other Current Assets	3.5M	5.6M	8.3M	14.9M	17.1M	17.9M
Total Liab	27.7M	46.2M	60.7M	127.8M	147.0M	154.3M
Common Stock	4K	5K	7K	8K	7.2K	6.8K
Property Plant Equipment	631K	1.9M	15.6M	15.0M	17.3M	18.1M
Short Long Term Debt Total	938K	10.0M	10.7M	9.9M	11.3M	8.6M
Net Tangible Assets	(65.4M)	306.2M	381.4M	578.1M	664.8M	698.0M
Property Plant And Equipment Net	1.5M	15.6M	15.0M	16.7M	19.1M	20.1M
Net Debt	(327.2M)	(395.6M)	(329.7M)	(175.2M)	(157.7M)	(165.6M)
Retained Earnings	(66.5M)	(184.5M)	(358.5M)	(570.8M)	(513.7M)	(488.0M)
Non Current Assets Total	2.2M	16.4M	15.9M	17.2M	19.8M	20.8M
Non Currrent Assets Other	501K	599K	598K	596K	685.4K	537.5K
Cash And Short Term Investments	328.1M	405.5M	610.7M	595.4M	684.7M	373.5M
Common Stock Shares Outstanding	21.7M	41.4M	52.2M	73.0M	84.0M	45.2M
Liabilities And Stockholders Equity	333.9M	427.6M	638.8M	628.6M	722.8M	390.4M
Non Current Liabilities Total	13.1M	16.5M	8.8M	47.1M	42.4M	37.1M
Capital Lease Obligations	938K	11.7M	7.6M	9.9M	11.3M	11.9M
Other Stockholder Equity	38.9M	566.2M	939.3M	1.1B	1.2B	1.3B
Net Invested Capital	306.2M	381.4M	578.1M	500.8M	575.9M	307.1M
Property Plant And Equipment Gross	1.5M	15.6M	15.0M	21.9M	25.2M	26.4M
Total Current Assets	331.7M	411.1M	622.9M	611.3M	703.0M	380.6M
Accumulated Other Comprehensive Income	(5K)	(187K)	(2.7M)	125K	143.8K	150.9K
Capital Stock	4K	5K	7K	8K	7.2K	6.8K
Net Working Capital	317.1M	381.5M	571.0M	530.6M	610.2M	345.5M
Short Term Debt	7.7M	3.5M	6.2M	14.8M	17.1M	17.9M
Current Deferred Revenue	3.7M	4.9M	5.0M	28.4M	32.6M	34.3M
Net Receivables	1.2M	900K	2.1M	1.1M	1.3M	1.3M

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When determining whether Avidity Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avidity Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidity Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidity Biosciences Stock:

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What is Avidity Biosciences' Net Worth?

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For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Biotechnology 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 Avidity Biosciences. If investors know Avidity 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 Avidity Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.88)

Revenue Per Share

0.103

Quarterly Revenue Growth

(0.17)

Return On Assets

(0.18)

Return On Equity

(0.28)

The market value of Avidity Biosciences is measured differently than its book value, which is the value of Avidity that is recorded on the company's balance sheet. Investors also form their own opinion of Avidity Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Avidity Biosciences' 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 Avidity Biosciences' market value can be influenced by many factors that don't directly affect Avidity Biosciences' 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 Avidity Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avidity Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avidity Biosciences' 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.

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Avidity Historical Balance Sheet

Avidity Biosciences Inventory

(6.27 Million)

About Avidity Balance Sheet Analysis

Avidity Biosciences Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Avidity Biosciences balance sheet Correlations

Avidity Biosciences Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avidity Biosciences balance sheet Accounts

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt Total	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Long Term Debt Total	- 0.99	Non Currrent Assets Other
Common Stock Total Equity	- 0.99	Non Currrent Assets Other
Net Debt	- 0.98	Cash
Retained Earnings	- 0.97	Other Current Assets
Retained Earnings	- 0.97	Total Current Liabilities
Non Currrent Assets Other	- 0.95	Common Stock