Adagene Other Liab from 2010 to 2024

ADAG Stock  USD 2.34  0.03  1.30%   
Adagene's Other Liabilities is decreasing over the last several years with slightly volatile swings. Other Liabilities is predicted to flatten to about 24.6 K. During the period from 2010 to 2024 Adagene Other Liabilities regressed destribution of quarterly values had coefficient of variationof  42.45 and r-value of (0.79). View All Fundamentals
 
Other Liabilities  
First Reported
2010-12-31
Previous Quarter
25.8 K
Current Value
24.6 K
Quarterly Volatility
47.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adagene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adagene's main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Net Interest Income of 3.3 M or Interest Income of 4.5 M, as well as many indicators such as Price To Sales Ratio of 4.43, Dividend Yield of 0.0 or PTB Ratio of 1.26. Adagene financial statements analysis is a perfect complement when working with Adagene Valuation or Volatility modules.
  
Check out the analysis of Adagene Correlation against competitors.
For more detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.

Latest Adagene's Other Liab Growth Pattern

Below is the plot of the Other Liab of Adagene over the last few years. It is Adagene's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adagene's overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Adagene Other Liab Regression Statistics

Arithmetic Mean112,022
Geometric Mean95,533
Coefficient Of Variation42.45
Mean Deviation39,611
Median142,114
Standard Deviation47,555
Sample Variance2.3B
Range117.6K
R-Value(0.79)
Mean Square Error913.5M
R-Squared0.62
Significance0.0005
Slope(8,406)
Total Sum of Squares31.7B

Adagene Other Liab History

202424.6 K
202325.8 K
202228.7 K
2021138.3 K
201992 K

About Adagene Financial Statements

Adagene stakeholders use historical fundamental indicators, such as Adagene's Other Liab, to determine how well the company is positioned to perform in the future. Although Adagene investors may analyze each financial statement separately, they are all interrelated. For example, changes in Adagene's assets and liabilities are reflected in the revenues and expenses on Adagene's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Adagene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Liabilities25.8 K24.6 K

Currently Active Assets on Macroaxis

When determining whether Adagene is a strong investment it is important to analyze Adagene'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 Adagene's future performance. For an informed investment choice regarding Adagene Stock, refer to the following important reports:
Check out the analysis of Adagene Correlation against competitors.
For more detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Biotechnology 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 Adagene. If investors know Adagene 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 Adagene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.72)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.85)
Return On Assets
(0.20)
Return On Equity
(0.46)
The market value of Adagene is measured differently than its book value, which is the value of Adagene that is recorded on the company's balance sheet. Investors also form their own opinion of Adagene's value that differs from its market value or its book value, called intrinsic value, which is Adagene'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 Adagene's market value can be influenced by many factors that don't directly affect Adagene'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 Adagene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adagene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adagene'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.