Exagen Total Liab vs Current Deferred Revenue Analysis

XGN Stock  USD 1.90  0.03  1.60%   
Exagen financial indicator trend analysis is much more than just examining Exagen Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exagen Inc is a good investment. Please check the relationship between Exagen Total Liab and its Current Deferred Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exagen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Total Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exagen Inc Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Exagen's Total Liab and Current Deferred Revenue is 0.75. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Exagen Inc, assuming nothing else is changed. The correlation between historical values of Exagen's Total Liab 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 Total Liab of Exagen Inc 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 Total Liab i.e., Exagen's Total Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 Exagen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exagen Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exagen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Exagen's Tax Provision is very stable compared to the past year. As of the 22nd of May 2024, Enterprise Value is likely to grow to about 27.9 M, while Selling General Administrative is likely to drop about 30.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.6M2.4M2.3M2.8M
Depreciation And Amortization16K830K2.2M2.3M

Exagen fundamental ratios Correlations

0.70.81-0.10.950.540.31-0.94-0.710.651.00.33-0.391.0-0.330.540.860.810.940.910.670.451.0-0.350.830.7
0.70.830.380.440.580.7-0.41-0.790.880.670.50.140.67-0.420.230.650.780.780.640.990.490.690.060.540.73
0.810.830.020.660.630.49-0.62-0.910.870.780.23-0.280.78-0.520.340.820.860.820.850.80.610.81-0.320.740.89
-0.10.380.02-0.320.040.560.320.00.37-0.140.590.92-0.14-0.010.26-0.07-0.27-0.08-0.080.470.04-0.130.93-0.110.13
0.950.440.66-0.320.430.06-1.0-0.550.430.960.17-0.570.96-0.230.560.790.690.850.860.390.340.95-0.50.80.55
0.540.580.630.040.430.26-0.37-0.840.660.50.67-0.060.5-0.940.50.80.560.570.730.560.950.51-0.190.710.82
0.310.70.490.560.060.26-0.07-0.460.640.280.380.380.28-0.20.070.280.380.340.260.750.250.290.360.20.44
-0.94-0.41-0.620.32-1.0-0.37-0.070.51-0.39-0.95-0.150.56-0.950.18-0.55-0.76-0.65-0.82-0.82-0.37-0.29-0.940.47-0.78-0.51
-0.71-0.79-0.910.0-0.55-0.84-0.460.51-0.84-0.67-0.380.21-0.670.79-0.34-0.89-0.81-0.74-0.81-0.76-0.86-0.70.32-0.8-0.92
0.650.880.870.370.430.660.64-0.39-0.840.610.530.080.61-0.550.410.720.680.740.740.880.620.630.050.630.85
1.00.670.78-0.140.960.50.28-0.95-0.670.610.28-0.421.0-0.280.520.830.790.930.890.620.41.0-0.370.810.66
0.330.50.230.590.170.670.38-0.15-0.380.530.280.50.28-0.510.560.40.130.320.40.550.540.280.460.330.5
-0.390.14-0.280.92-0.57-0.060.380.560.210.08-0.420.5-0.420.020.08-0.31-0.48-0.35-0.340.23-0.06-0.420.95-0.34-0.09
1.00.670.78-0.140.960.50.28-0.95-0.670.611.00.28-0.42-0.280.520.830.790.930.890.620.41.0-0.370.810.66
-0.33-0.42-0.52-0.01-0.23-0.94-0.20.180.79-0.55-0.28-0.510.02-0.28-0.44-0.73-0.4-0.38-0.6-0.41-0.98-0.310.18-0.67-0.76
0.540.230.340.260.560.50.07-0.55-0.340.410.520.560.080.52-0.440.650.080.470.710.260.480.520.180.710.54
0.860.650.82-0.070.790.80.28-0.76-0.890.720.830.4-0.310.83-0.730.650.710.840.940.620.810.85-0.340.980.85
0.810.780.86-0.270.690.560.38-0.65-0.810.680.790.13-0.480.79-0.40.080.710.860.730.720.470.81-0.570.620.69
0.940.780.82-0.080.850.570.34-0.82-0.740.740.930.32-0.350.93-0.380.470.840.860.880.730.450.94-0.340.810.67
0.910.640.85-0.080.860.730.26-0.82-0.810.740.890.4-0.340.89-0.60.710.940.730.880.610.680.9-0.340.920.87
0.670.990.80.470.390.560.75-0.37-0.760.880.620.550.230.62-0.410.260.620.720.730.610.490.650.150.520.72
0.450.490.610.040.340.950.25-0.29-0.860.620.40.54-0.060.4-0.980.480.810.470.450.680.490.42-0.190.740.82
1.00.690.81-0.130.950.510.29-0.94-0.70.631.00.28-0.421.0-0.310.520.850.810.940.90.650.42-0.380.830.68
-0.350.06-0.320.93-0.5-0.190.360.470.320.05-0.370.460.95-0.370.180.18-0.34-0.57-0.34-0.340.15-0.19-0.38-0.34-0.17
0.830.540.74-0.110.80.710.2-0.78-0.80.630.810.33-0.340.81-0.670.710.980.620.810.920.520.740.83-0.340.76
0.70.730.890.130.550.820.44-0.51-0.920.850.660.5-0.090.66-0.760.540.850.690.670.870.720.820.68-0.170.76
Click cells to compare fundamentals

Exagen Account Relationship Matchups

Exagen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets88.3M78.4M123.4M86.2M56.9M54.2M
Short Long Term Debt Total25.9M26.7M27.5M34.5M23.7M23.8M
Other Current Liab4.2M5.4M6.2M5.3M7.0M4.0M
Total Current Liabilities5.9M8.8M9.3M9.6M11.9M9.7M
Total Stockholder Equity55.7M41.8M84.9M42.5M22.7M20.5M
Property Plant And Equipment Net1.4M2.1M4.8M13.1M8.5M8.9M
Net Debt(46.2M)(30.8M)(72.0M)(27.9M)(12.8M)(13.4M)
Retained Earnings(164.6M)(181.3M)(208.1M)(255.5M)(279.2M)(265.3M)
Accounts Payable1.5M3.0M2.5M3.0M3.1M2.1M
Cash72.1M57.4M99.4M62.4M36.5M37.0M
Non Current Assets Total7.1M7.9M10.7M13.6M9.1M10.2M
Non Currrent Assets Other503K174K(487K)(391K)528K416K
Cash And Short Term Investments72.1M57.4M99.4M62.4M36.5M37.0M
Common Stock Shares Outstanding12.6M12.7M16.0M17.1M17.7M18.6M
Liabilities And Stockholders Equity88.3M78.4M123.4M86.2M56.9M54.2M
Non Current Liabilities Total26.8M27.8M29.2M34.1M22.3M20.3M
Other Current Assets3.5M4.2M3.6M4.1M1.9M2.1M
Other Stockholder Equity220.2M223.1M293.1M298.0M301.9M164.6M
Total Liab32.7M36.5M38.5M43.8M34.3M33.7M
Property Plant And Equipment Gross1.4M2.1M4.8M13.1M14.3M15.0M
Total Current Assets81.3M70.5M112.7M72.6M47.8M44.0M
Short Term Debt238K308K587K1.2M1.7M1.6M
Other Assets174K250K433K528K475.2K894.3K
Net Receivables5.7M8.9M9.7M6.1M6.6M6.0M
Property Plant Equipment1.4M2.1M4.8M13.1M15.0M15.8M
Other Liab266K530K1.7M19K17.1K16.2K
Net Tangible Assets50.2M36.3M79.4M42.5M48.8M51.3M
Long Term Debt25.9M26.7M27.5M28.8M19.2M21.0M
Capital Lease Obligations238K308K587K6.2M4.2M4.4M
Inventory1.4M1.2M1.1M1.8M2.9M3.0M
Non Current Liabilities Other638K948K1.4M867K357K567.1K

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When determining whether Exagen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Exagen'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 Exagen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Exagen Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exagen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Exagen Inc information on this page should be used as a complementary analysis to other Exagen'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Exagen's price analysis, check to measure Exagen'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 Exagen is operating at the current time. Most of Exagen's value examination focuses on studying past and present price action to predict the probability of Exagen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exagen's price. Additionally, you may evaluate how the addition of Exagen to your portfolios can decrease your overall portfolio volatility.
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Is Exagen'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 Exagen. If investors know Exagen 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 Exagen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.34)
Revenue Per Share
2.972
Quarterly Revenue Growth
0.072
Return On Assets
(0.20)
Return On Equity
(0.73)
The market value of Exagen Inc is measured differently than its book value, which is the value of Exagen that is recorded on the company's balance sheet. Investors also form their own opinion of Exagen's value that differs from its market value or its book value, called intrinsic value, which is Exagen'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 Exagen's market value can be influenced by many factors that don't directly affect Exagen'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 Exagen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exagen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exagen'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.