Cryoport Selling And Marketing Expenses vs Reconciled Depreciation Analysis

CYRX Stock  USD 12.65  1.01  7.39%   
Cryoport financial indicator trend analysis is way more than just evaluating Cryoport prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cryoport is a good investment. Please check the relationship between Cryoport Selling And Marketing Expenses and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.

Selling And Marketing Expenses vs Reconciled Depreciation

Selling And Marketing Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cryoport Selling And Marketing Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cryoport's Selling And Marketing Expenses and Reconciled Depreciation is 0.86. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Cryoport, assuming nothing else is changed. The correlation between historical values of Cryoport's Selling And Marketing Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Cryoport are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling And Marketing Expenses i.e., Cryoport's Selling And Marketing Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Selling And Marketing Expenses

Reconciled Depreciation

Most indicators from Cryoport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cryoport 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 Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.At this time, Cryoport's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses114.4M135.8M141.7M148.8M
Cost Of Revenue126.0M133.4M150.2M157.7M

Cryoport fundamental ratios Correlations

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0.950.960.980.960.920.38-0.980.93-0.150.930.910.960.510.870.960.4-0.10.970.970.980.930.920.91-0.180.98
0.390.390.390.390.390.38-0.340.38-0.970.380.380.390.280.30.39-0.680.060.380.390.360.380.370.38-0.980.38
-0.95-0.97-0.95-0.93-0.91-0.98-0.34-0.90.1-0.9-0.94-0.94-0.5-0.89-0.97-0.440.07-0.98-0.97-0.94-0.95-0.9-0.860.13-0.94
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-0.16-0.15-0.16-0.16-0.16-0.15-0.970.1-0.15-0.16-0.14-0.16-0.16-0.1-0.150.83-0.1-0.14-0.15-0.14-0.15-0.16-0.161.0-0.16
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0.550.530.50.540.550.510.28-0.50.53-0.160.530.530.530.460.530.13-0.390.530.530.460.540.590.52-0.180.49
0.890.850.890.890.90.870.3-0.890.88-0.10.880.850.910.460.850.37-0.160.910.860.810.860.710.86-0.130.82
0.991.00.950.960.960.960.39-0.970.95-0.150.940.980.970.530.850.4-0.10.991.00.890.990.880.91-0.180.93
0.380.40.370.380.360.4-0.68-0.440.370.830.370.370.380.130.370.4-0.140.40.40.40.370.360.350.820.4
-0.11-0.1-0.11-0.11-0.12-0.10.060.07-0.1-0.1-0.11-0.11-0.11-0.39-0.16-0.1-0.14-0.1-0.1-0.09-0.11-0.14-0.11-0.09-0.08
0.990.990.980.980.980.970.38-0.980.96-0.140.960.970.990.530.910.990.4-0.10.990.910.980.880.94-0.180.94
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0.860.890.940.90.820.980.36-0.940.84-0.140.860.820.890.460.810.890.4-0.090.910.90.840.910.83-0.160.97
0.980.990.930.930.970.930.38-0.950.93-0.150.911.00.950.540.860.990.37-0.110.980.990.840.830.88-0.180.87
0.860.880.90.890.820.920.37-0.90.84-0.160.840.820.860.590.710.880.36-0.140.880.890.910.830.82-0.180.9
0.950.910.950.990.970.910.38-0.860.99-0.161.00.860.980.520.860.910.35-0.110.940.920.830.880.82-0.190.91
-0.19-0.18-0.19-0.19-0.2-0.18-0.980.13-0.181.0-0.19-0.18-0.19-0.18-0.13-0.180.82-0.09-0.18-0.18-0.16-0.18-0.18-0.19-0.18
0.920.930.950.950.890.980.38-0.940.92-0.160.930.850.950.490.820.930.4-0.080.940.940.970.870.90.91-0.18
Click cells to compare fundamentals

Cryoport Account Relationship Matchups

Cryoport fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets135.9M552.4M1.1B1.0B957.7M1.0B
Short Long Term Debt Total4.8M130.9M427.1M435.9M416.0M436.8M
Other Current Liab1.9M7.4M9.9M8.5M12.4M13.1M
Total Current Liabilities5.5M35.0M42.6M40.9M45.6M47.9M
Total Stockholder Equity126.3M382.7M641.8M555.8M489.0M513.5M
Property Plant And Equipment Net16.3M44.1M69.7M90.5M117.5M123.4M
Net Debt(42.4M)94.0M288.0M399.3M369.7M388.1M
Retained Earnings(159.3M)(192.0M)(467.5M)(542.8M)(642.4M)(610.3M)
Accounts Payable2.5M24.8M28.6M28.0M26.1M27.4M
Cash47.2M36.9M139.1M36.6M46.3M44.0M
Non Current Assets Total32.9M405.2M419.5M434.6M422.6M443.8M
Cash And Short Term Investments94.3M93.3M628.8M523.3M456.8M479.6M
Net Receivables7.1M31.4M39.4M43.9M42.1M44.2M
Common Stock Total Equity30.3K37.3K40K50K57.5K35.5K
Common Stock Shares Outstanding33.4M38.6M45.9M49.0M48.7M51.2M
Liabilities And Stockholders Equity135.9M552.4M1.1B1.0B957.7M1.0B
Non Current Liabilities Total4.1M134.7M428.5M442.1M423.1M444.3M
Inventory474.0K10.5M16.5M27.7M26.2M27.5M
Other Current Assets1.1M11.9M8.8M9.3M10.1M17.0M
Other Stockholder Equity285.6M566.5M1.1B1.1B1.1B1.2B
Total Liab9.6M169.7M471.1M482.9M468.7M492.2M
Property Plant And Equipment Gross16.3M44.1M49.0M90.5M154.1M161.8M
Total Current Assets103.0M147.2M693.5M604.2M535.1M561.9M
Accumulated Other Comprehensive Income(45.1K)5.4M(1.2M)(34.5M)(26.1M)(24.8M)
Short Term Debt690.5K2.3M3.6M3.9M5.8M6.1M
Intangible Assets5.2M213.9M201.4M191.0M194.4M204.1M
Common Stock37.3K40K50K48K49K46.6K
Other Liab21K6.1M5.0M10.1M11.6M12.1M
Non Currrent Assets Other437.3K2.0M1.4M1.0M1.7M1.8M
Other Assets437K16.0M1.4M2.0M1.00.95
Short Term Investments47.1M56.4M489.7M486.7M410.4M430.9M
Property Plant Equipment16.3M30.0M69.7M90.5M104.1M109.3M
Current Deferred Revenue367.9K445K547K439K1.3M1.4M
Net Tangible Assets110.1M379.9M293.4M195.4M224.8M236.0M
Retained Earnings Total Equity(141.0M)(159.3M)(192.0M)(467.5M)(420.8M)(399.7M)
Capital Surpluse179.5M285.6M566.5M1.1B1.3B1.3B

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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
(2.48)
Revenue Per Share
4.602
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.04)
Return On Equity
(0.22)
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.