Cryoport Total Liab vs Total Assets Analysis
| CYRX Stock | USD 15.95 1.21 7.05% |
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 Total Liab and its Total Assets 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.
Total Liab vs Total Assets
Total Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cryoport Total Liab account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Cryoport's Total Liab and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cryoport, assuming nothing else is changed. The correlation between historical values of Cryoport's Total Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Cryoport are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Cryoport's Total Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Assets
Total assets refers to the total amount of Cryoport 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 Cryoport 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.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 Expenses | 114.4M | 135.8M | 141.7M | 148.8M | Cost Of Revenue | 126.0M | 133.4M | 150.2M | 157.7M |
Cryoport fundamental ratios Correlations
Click cells to compare fundamentals
Cryoport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cryoport fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 135.9M | 552.4M | 1.1B | 1.0B | 957.7M | 1.0B | |
| Short Long Term Debt Total | 4.8M | 130.9M | 427.1M | 435.9M | 416.0M | 436.8M | |
| Other Current Liab | 1.9M | 7.4M | 9.9M | 8.5M | 12.4M | 13.1M | |
| Total Current Liabilities | 5.5M | 35.0M | 42.6M | 40.9M | 45.6M | 47.9M | |
| Total Stockholder Equity | 126.3M | 382.7M | 641.8M | 555.8M | 489.0M | 513.5M | |
| Property Plant And Equipment Net | 16.3M | 44.1M | 69.7M | 90.5M | 117.5M | 123.4M | |
| Net Debt | (42.4M) | 94.0M | 288.0M | 399.3M | 369.7M | 388.1M | |
| Retained Earnings | (159.3M) | (192.0M) | (467.5M) | (542.8M) | (642.4M) | (610.3M) | |
| Accounts Payable | 2.5M | 24.8M | 28.6M | 28.0M | 26.1M | 27.4M | |
| Cash | 47.2M | 36.9M | 139.1M | 36.6M | 46.3M | 44.0M | |
| Non Current Assets Total | 32.9M | 405.2M | 419.5M | 434.6M | 422.6M | 443.8M | |
| Cash And Short Term Investments | 94.3M | 93.3M | 628.8M | 523.3M | 456.8M | 479.6M | |
| Net Receivables | 7.1M | 31.4M | 39.4M | 43.9M | 42.1M | 44.2M | |
| Common Stock Total Equity | 30.3K | 37.3K | 40K | 50K | 57.5K | 35.5K | |
| Common Stock Shares Outstanding | 33.4M | 38.6M | 45.9M | 49.0M | 48.7M | 51.2M | |
| Liabilities And Stockholders Equity | 135.9M | 552.4M | 1.1B | 1.0B | 957.7M | 1.0B | |
| Non Current Liabilities Total | 4.1M | 134.7M | 428.5M | 442.1M | 423.1M | 444.3M | |
| Inventory | 474.0K | 10.5M | 16.5M | 27.7M | 26.2M | 27.5M | |
| Other Current Assets | 1.1M | 11.9M | 8.8M | 9.3M | 10.1M | 17.0M | |
| Other Stockholder Equity | 285.6M | 566.5M | 1.1B | 1.1B | 1.1B | 1.2B | |
| Total Liab | 9.6M | 169.7M | 471.1M | 482.9M | 468.7M | 492.2M | |
| Property Plant And Equipment Gross | 16.3M | 44.1M | 49.0M | 90.5M | 154.1M | 161.8M | |
| Total Current Assets | 103.0M | 147.2M | 693.5M | 604.2M | 535.1M | 561.9M | |
| Accumulated Other Comprehensive Income | (45.1K) | 5.4M | (1.2M) | (34.5M) | (26.1M) | (24.8M) | |
| Short Term Debt | 690.5K | 2.3M | 3.6M | 3.9M | 5.8M | 6.1M | |
| Intangible Assets | 5.2M | 213.9M | 201.4M | 191.0M | 194.4M | 204.1M | |
| Common Stock | 37.3K | 40K | 50K | 48K | 49K | 46.6K | |
| Other Liab | 21K | 6.1M | 5.0M | 10.1M | 11.6M | 12.1M | |
| Non Currrent Assets Other | 437.3K | 2.0M | 1.4M | 1.0M | 1.7M | 1.8M | |
| Other Assets | 437K | 16.0M | 1.4M | 2.0M | 1.0 | 0.95 | |
| Short Term Investments | 47.1M | 56.4M | 489.7M | 486.7M | 410.4M | 430.9M | |
| Property Plant Equipment | 16.3M | 30.0M | 69.7M | 90.5M | 104.1M | 109.3M | |
| Current Deferred Revenue | 367.9K | 445K | 547K | 439K | 1.3M | 1.4M | |
| Net Tangible Assets | 110.1M | 379.9M | 293.4M | 195.4M | 224.8M | 236.0M | |
| Retained Earnings Total Equity | (141.0M) | (159.3M) | (192.0M) | (467.5M) | (420.8M) | (399.7M) | |
| Capital Surpluse | 179.5M | 285.6M | 566.5M | 1.1B | 1.3B | 1.3B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cryoport in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cryoport's short interest history, or implied volatility extrapolated from Cryoport options trading.
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.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.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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Cryoport Stock analysis
When running Cryoport's price analysis, check to measure Cryoport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cryoport is operating at the current time. Most of Cryoport's value examination focuses on studying past and present price action to predict the probability of Cryoport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cryoport's price. Additionally, you may evaluate how the addition of Cryoport to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
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.