Abcellera Accounts Payable vs Current Deferred Revenue Analysis

ABCL Stock  USD 3.64  0.14  3.70%   
Abcellera BiologicsInc financial indicator trend analysis is way more than just evaluating Abcellera BiologicsInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abcellera BiologicsInc is a good investment. Please check the relationship between Abcellera BiologicsInc Accounts Payable and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abcellera BiologicsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Abcellera Stock please use our How to buy in Abcellera Stock guide.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abcellera BiologicsInc Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Abcellera BiologicsInc's Accounts Payable and Current Deferred Revenue is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Abcellera BiologicsInc, assuming nothing else is changed. The correlation between historical values of Abcellera BiologicsInc's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Abcellera BiologicsInc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Abcellera BiologicsInc's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Abcellera BiologicsInc 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 Abcellera BiologicsInc 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.

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.
Most indicators from Abcellera BiologicsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abcellera BiologicsInc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abcellera BiologicsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Abcellera Stock please use our How to buy in Abcellera Stock guide.At this time, Abcellera BiologicsInc's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 1.68 this year, although the value of Tax Provision is projected to rise to (26.2 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.8M59.7M30.9M20.4M
Interest Income3.3M16.1M42.2M44.4M

Abcellera BiologicsInc fundamental ratios Correlations

0.890.950.991.00.980.950.830.82-0.690.960.990.790.970.961.00.710.990.830.980.790.780.991.00.82-0.97
0.890.70.830.880.870.870.890.89-0.330.950.860.460.960.810.870.30.820.710.940.870.850.910.880.89-0.79
0.950.70.980.950.930.90.680.69-0.840.850.950.90.860.950.960.890.980.790.880.620.640.930.960.68-0.98
0.990.830.980.990.980.940.780.78-0.750.930.990.840.940.970.990.790.990.820.950.730.740.980.990.78-0.99
1.00.880.950.990.980.950.820.82-0.70.960.990.80.970.961.00.710.990.830.970.790.770.991.00.82-0.98
0.980.870.930.980.980.920.80.77-0.660.940.980.750.970.950.970.690.970.830.980.730.750.990.980.79-0.94
0.950.870.90.940.950.920.930.93-0.540.910.930.650.940.890.950.650.930.790.940.730.910.950.950.93-0.97
0.830.890.680.780.820.80.930.99-0.210.840.790.340.890.730.810.350.760.680.880.710.990.850.821.0-0.81
0.820.890.690.780.820.770.930.99-0.230.830.770.360.880.740.810.360.770.650.850.720.990.830.820.99-0.82
-0.69-0.33-0.84-0.75-0.7-0.66-0.54-0.21-0.23-0.58-0.73-0.99-0.51-0.73-0.72-0.91-0.75-0.59-0.55-0.44-0.14-0.63-0.7-0.20.74
0.960.950.850.930.960.940.910.840.83-0.580.970.690.960.880.960.530.910.820.960.910.780.960.960.83-0.9
0.990.860.950.990.990.980.930.790.77-0.730.970.820.940.940.990.720.970.840.960.810.730.980.990.78-0.96
0.790.460.90.840.80.750.650.340.36-0.990.690.820.620.810.810.910.830.670.660.540.280.740.80.34-0.82
0.970.960.860.940.970.970.940.890.88-0.510.960.940.620.920.960.540.940.790.990.790.850.980.960.89-0.91
0.960.810.950.970.960.950.890.730.74-0.730.880.940.810.920.960.760.980.670.930.670.690.950.960.73-0.94
1.00.870.960.991.00.970.950.810.81-0.720.960.990.810.960.960.720.990.830.960.80.760.991.00.8-0.98
0.710.30.890.790.710.690.650.350.36-0.910.530.720.910.540.760.720.790.590.580.260.320.670.720.35-0.81
0.990.820.980.990.990.970.930.760.77-0.750.910.970.830.940.980.990.790.80.950.70.720.980.990.76-0.98
0.830.710.790.820.830.830.790.680.65-0.590.820.840.670.790.670.830.590.80.810.680.640.820.820.68-0.8
0.980.940.880.950.970.980.940.880.85-0.550.960.960.660.990.930.960.580.950.810.780.830.990.970.87-0.92
0.790.870.620.730.790.730.730.710.72-0.440.910.810.540.790.670.80.260.70.680.780.630.770.790.7-0.7
0.780.850.640.740.770.750.910.990.99-0.140.780.730.280.850.690.760.320.720.640.830.630.80.770.99-0.77
0.990.910.930.980.990.990.950.850.83-0.630.960.980.740.980.950.990.670.980.820.990.770.80.990.85-0.96
1.00.880.960.991.00.980.950.820.82-0.70.960.990.80.960.961.00.720.990.820.970.790.770.990.82-0.98
0.820.890.680.780.820.790.931.00.99-0.20.830.780.340.890.730.80.350.760.680.870.70.990.850.82-0.81
-0.97-0.79-0.98-0.99-0.98-0.94-0.97-0.81-0.820.74-0.9-0.96-0.82-0.91-0.94-0.98-0.81-0.98-0.8-0.92-0.7-0.77-0.96-0.98-0.81
Click cells to compare fundamentals

Abcellera BiologicsInc Account Relationship Matchups

Abcellera BiologicsInc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.5M1.0B1.3B1.5B1.5B989.6M
Short Long Term Debt Total6.9M6.1M36.4M82.3M77.4M39.0M
Other Current Liab129.3K76.7M77.5M58.0M61.3M50.2M
Total Current Liabilities7.9M103.5M120.7M118.3M119.0M87.2M
Total Stockholder Equity10.3M830.5M1.0B1.2B1.2B781.7M
Other Liab1.3M65.6M134.0M112.6M129.5M69.6M
Net Tangible Assets2.7M683.9M829.5M1.1B1.2B1.3B
Property Plant And Equipment Net8.5M17.9M111.6M217.3M287.7M302.1M
Current Deferred Revenue3.2M6.6M7.5M21.6M26.1M27.4M
Net Debt(661.9K)(588.0M)(439.7M)(304.3M)(55.9M)(58.7M)
Retained Earnings(4.7M)114.2M267.7M426.2M279.8M198.1M
Accounts Payable1.6M20.0M32.0M33.2M25.5M20.9M
Cash7.6M594.1M476.1M386.5M133.3M126.7M
Non Current Assets Total10.8M192.2M388.8M515.4M616.1M317.1M
Cash And Short Term Investments7.6M594.1M723.0M886.5M760.6M546.7M
Net Receivables4.4M213.2M160.6M38.6M64.4M89.0M
Common Stock Total Equity5.1M710.4M722.4M734.4M844.5M479.0M
Common Stock Shares Outstanding154.1M269.5M318.3M314.8M289.2M290.3M
Liabilities And Stockholders Equity23.5M1.0B1.3B1.5B1.5B989.6M
Non Current Liabilities Total5.3M71.5M172.2M189.3M216.8M120.7M
Capital Lease Obligations3.1M3.7M36.4M82.3M77.4M81.2M
Other Current Assets1.8M6.0M21.2M75.4M20.9M23.1M
Other Stockholder Equity2.3M5.9M35.4M74.1M121.1M127.1M
Total Liab13.2M175.0M292.8M307.6M335.8M208.0M
Net Invested Capital6.5M832.9M1.0B1.2B1.2B780.7M
Property Plant And Equipment Gross8.5M17.9M121.4M235.7M318.3M334.2M
Total Current Assets12.6M813.3M929.8M1.0B872.0M672.5M
Capital Stock12.7M710.4M722.4M734.4M753.2M540.0M
Net Working Capital4.7M709.8M809.1M907.2M753.0M585.3M
Short Term Debt2.9M190K3.7M5.6M6.2M3.9M
Common Stock5.1M710.4M722.4M734.4M753.2M537.3M
Property Plant Equipment8.5M17.9M111.6M217.3M249.8M262.3M

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When determining whether Abcellera BiologicsInc is a strong investment it is important to analyze Abcellera BiologicsInc'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 Abcellera BiologicsInc's future performance. For an informed investment choice regarding Abcellera Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abcellera BiologicsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Abcellera Stock please use our How to buy in Abcellera Stock guide.
Note that the Abcellera BiologicsInc information on this page should be used as a complementary analysis to other Abcellera BiologicsInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is Abcellera BiologicsInc'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 Abcellera BiologicsInc. If investors know Abcellera 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 Abcellera BiologicsInc 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
0.459
Earnings Share
(0.51)
Revenue Per Share
0.131
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.1)
The market value of Abcellera BiologicsInc is measured differently than its book value, which is the value of Abcellera that is recorded on the company's balance sheet. Investors also form their own opinion of Abcellera BiologicsInc's value that differs from its market value or its book value, called intrinsic value, which is Abcellera BiologicsInc'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 Abcellera BiologicsInc's market value can be influenced by many factors that don't directly affect Abcellera BiologicsInc'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 Abcellera BiologicsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abcellera BiologicsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abcellera BiologicsInc'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.