Pacific Cash vs Total Current Liabilities Analysis
PACB Stock | USD 1.98 0.10 4.81% |
Pacific Biosciences financial indicator trend analysis is much more than just breaking down Pacific Biosciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Biosciences is a good investment. Please check the relationship between Pacific Biosciences Cash and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Biosciences of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash vs Total Current Liabilities
Cash vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Biosciences Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pacific Biosciences' Cash and Total Current Liabilities is 0.64. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Pacific Biosciences of, assuming nothing else is changed. The correlation between historical values of Pacific Biosciences' Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Pacific Biosciences of are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Pacific Biosciences' Cash and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Pacific Biosciences, which is listed under current asset account on Pacific Biosciences of balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pacific Biosciences customers. The amounts must be unrestricted with restricted cash listed in a different Pacific Biosciences account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Liabilities
Total Current Liabilities is an item on Pacific Biosciences balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pacific Biosciences of are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Pacific Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Biosciences 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Biosciences of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current year's Selling General Administrative is expected to grow to about 177.3 M, whereas Tax Provision is forecasted to decline to (11.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 58.9M | 49.0M | 52.8M | 28.1M | Total Revenue | 130.5M | 128.3M | 200.5M | 210.5M |
Pacific Biosciences fundamental ratios Correlations
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Pacific Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Biosciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 152.5M | 175.0M | 204.1M | 224.6M | 253.6M | 266.3M | |
Total Assets | 148.0M | 414.0M | 2.0B | 1.8B | 1.7B | 1.8B | |
Short Long Term Debt Total | 61.7M | 42.0M | 953.7M | 957.4M | 933.9M | 980.6M | |
Other Current Liab | (13.9M) | 17.5M | 40.4M | 201.2M | 53.5M | 56.2M | |
Total Current Liabilities | 21.8M | 36.5M | 83.3M | 76.9M | 95.0M | 99.8M | |
Total Stockholder Equity | 54.9M | 335.5M | 791.0M | 562.9M | 701.3M | 736.4M | |
Other Liab | 2.0M | 10.3M | 215.0M | 2.6M | 3.0M | 2.8M | |
Property Plant And Equipment Net | 62.9M | 54.9M | 79.1M | 81.3M | 69.0M | 35.5M | |
Current Deferred Revenue | 7.6M | 10.3M | 36.0M | 32.3M | 16.3M | 13.1M | |
Net Debt | 12.6M | (276.8M) | 493.0M | 632.3M | 754.0M | 791.7M | |
Retained Earnings | (1.1B) | (1.0B) | (1.2B) | (1.5B) | (1.8B) | (1.7B) | |
Accounts Payable | 8.4M | 3.6M | 11.0M | 12.0M | 15.1M | 7.6M | |
Cash | 49.1M | 318.8M | 460.7M | 325.1M | 179.9M | 137.4M | |
Non Current Assets Total | 66.9M | 59.2M | 901.2M | 912.1M | 1.0B | 1.1B | |
Non Currrent Assets Other | 42K | 879K | 1.2M | 10.5M | 3.7M | 3.7M | |
Other Assets | 4.0M | 33.5M | 1.2M | 13.5M | 1.0 | 0.95 | |
Cash And Short Term Investments | 49.1M | 318.8M | 1.0B | 772.3M | 631.4M | 663.0M | |
Short Term Investments | 19.5M | 237.2M | 583.7M | 447.2M | 451.5M | 474.1M | |
Liabilities And Stockholders Equity | 148.0M | 414.0M | 2.0B | 1.8B | 1.7B | 1.8B | |
Non Current Liabilities Total | 71.2M | 42.0M | 1.1B | 1.1B | 949.7M | 997.2M | |
Other Current Assets | 3.4M | 5.7M | 7.9M | 10.6M | 17.3M | 18.2M | |
Other Stockholder Equity | 1.1B | 1.4B | 2.0B | 2.1B | 2.5B | 2.7B | |
Total Liab | 93.1M | 78.5M | 1.2B | 1.2B | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 62.9M | 54.9M | 79.1M | 81.3M | 143.8M | 151.0M | |
Total Current Assets | 81.0M | 354.8M | 1.1B | 855.0M | 742.0M | 779.1M | |
Short Term Debt | 19.7M | 8.7M | 9.3M | 19.6M | 10.1M | 8.2M | |
Property Plant Equipment | 30.1M | 24.9M | 79.1M | 81.3M | 93.5M | 98.2M | |
Long Term Debt | 14.7M | 15.9M | 896.1M | 896.7M | 892.2M | 936.9M | |
Net Receivables | 15.3M | 16.8M | 24.2M | 18.8M | 36.6M | 38.4M | |
Common Stock Total Equity | 150K | 153K | 192K | 221K | 198.9K | 189.0K | |
Inventory | 13.3M | 14.2M | 24.6M | 50.4M | 56.7M | 59.5M | |
Common Stock | 153K | 192K | 221K | 227K | 268K | 254.6K | |
Net Tangible Assets | 54.9M | 335.5M | (30.0M) | (257.3M) | (231.6M) | (220.0M) | |
Retained Earnings Total Equity | (982.1M) | (1.1B) | (1.0B) | (1.2B) | (1.1B) | (1.2B) | |
Capital Surpluse | 1.1B | 1.1B | 1.4B | 2.0B | 2.3B | 1.2B |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Biosciences of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Life Sciences Tools & Services space 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 Pacific Biosciences. If investors know Pacific 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 Pacific Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.46) | Revenue Per Share 0.64 | Quarterly Revenue Growth (0.28) | Return On Assets (0.11) | Return On Equity (0.65) |
The market value of Pacific Biosciences is measured differently than its book value, which is the value of Pacific that is recorded on the company's balance sheet. Investors also form their own opinion of Pacific Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Pacific Biosciences' 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 Pacific Biosciences' market value can be influenced by many factors that don't directly affect Pacific Biosciences' 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 Pacific Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacific Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Biosciences' 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.