Cryoport Net Borrowings from 2010 to 2024

CYRX Stock  USD 16.81  0.62  3.83%   
Cryoport Net Borrowings yearly trend continues to be fairly stable with very little volatility. Net Borrowings is likely to outpace its year average in 2024. Net Borrowings is the difference between the amount of new debt Cryoport has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2011-06-30
Previous Quarter
10 K
Current Value
-21 K
Quarterly Volatility
19.6 M
 
Yuan Drop
 
Covid
Check Cryoport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cryoport main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.9 M, Interest Expense of 5.8 M or Selling General Administrative of 147.7 M, as well as many exotic indicators such as Price To Sales Ratio of 3.07, Dividend Yield of 0.0 or PTB Ratio of 1.62. Cryoport financial statements analysis is a perfect complement when working with Cryoport Valuation or Volatility modules.
  
This module can also supplement Cryoport's financial leverage analysis and stock options assessment as well as various Cryoport Technical models . Check out the analysis of Cryoport Correlation against competitors.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.

Latest Cryoport's Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Cryoport over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Cryoport's Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cryoport's overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Pretty Stable
   Net Borrowings   
       Timeline  

Cryoport Net Borrowings Regression Statistics

Arithmetic Mean10,518,996
Coefficient Of Variation281.26
Mean Deviation17,417,719
Median563,377
Standard Deviation29,585,591
Sample Variance875.3T
Range114.6M
R-Value0.21
Mean Square Error900.1T
R-Squared0.05
Significance0.45
Slope1,404,721
Total Sum of Squares12254.3T

Cryoport Net Borrowings History

2024-3.6 M
2023-3.8 M
2022-3.3 M
202136.6 M
2020110.9 M
2019-23.2 K
201814.7 M

About Cryoport Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cryoport income statement, its balance sheet, and the statement of cash flows. Cryoport investors use historical funamental indicators, such as Cryoport's Net Borrowings, to determine how well the company is positioned to perform in the future. Although Cryoport investors may use each financial statement separately, they are all related. The changes in Cryoport's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cryoport's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cryoport Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cryoport. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Borrowings-3.8 M-3.6 M

Pair Trading with Cryoport

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cryoport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cryoport will appreciate offsetting losses from the drop in the long position's value.

Moving against Cryoport Stock

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The ability to find closely correlated positions to Cryoport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cryoport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cryoport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cryoport to buy it.
The correlation of Cryoport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cryoport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cryoport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cryoport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cryoport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cryoport's 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 Cryoport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cryoport Stock:
Check out the analysis of Cryoport Correlation against competitors.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Cryoport's industry 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 Cryoport. If investors know Cryoport 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 Cryoport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.21)
Revenue Per Share
4.786
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.04)
Return On Equity
(0.19)
The market value of Cryoport is measured differently than its book value, which is the value of Cryoport that is recorded on the company's balance sheet. Investors also form their own opinion of Cryoport's value that differs from its market value or its book value, called intrinsic value, which is Cryoport'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 Cryoport's market value can be influenced by many factors that don't directly affect Cryoport'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 Cryoport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cryoport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cryoport'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.