Avidity Total Current Assets from 2010 to 2026

RNA Stock  USD 72.90  0.08  0.11%   
Avidity Biosciences' Total Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Current Assets are expected to go to about 1.9 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-03-31
Previous Quarter
1.3 B
Current Value
B
Quarterly Volatility
533.9 M
 
Covid
 
Interest Hikes
Check Avidity Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avidity Biosciences' main balance sheet or income statement drivers, such as Interest Expense of 6.9 M, Total Revenue of 9.2 M or Research Development of 366.6 M, as well as many indicators such as Price To Sales Ratio of 424, Dividend Yield of 1.0E-4 or PTB Ratio of 2.15. Avidity financial statements analysis is a perfect complement when working with Avidity Biosciences Valuation or Volatility modules.
  
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Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.
Analyzing Avidity Biosciences's Total Current Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Total Current Assets has evolved provides context for assessing Avidity Biosciences's current valuation and future prospects.

Latest Avidity Biosciences' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Avidity Biosciences over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Avidity Biosciences' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avidity Biosciences' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Avidity Total Current Assets Regression Statistics

Arithmetic Mean428,244,746
Geometric Mean38,749,993
Coefficient Of Variation153.62
Mean Deviation502,501,641
Median3,242,000
Standard Deviation657,885,352
Sample Variance432813.1T
Range1.9B
R-Value0.83
Mean Square Error145446.2T
R-Squared0.68
Significance0.000041
Slope107,822,897
Total Sum of Squares6925010.2T

Avidity Total Current Assets History

20261.9 B
20251.8 B
20241.5 B
2023611.3 M
2022622.9 M
2021411.1 M
2020331.7 M

About Avidity Biosciences Financial Statements

Avidity Biosciences stakeholders use historical fundamental indicators, such as Avidity Biosciences' Total Current Assets, to determine how well the company is positioned to perform in the future. Although Avidity Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Avidity Biosciences' assets and liabilities are reflected in the revenues and expenses on Avidity Biosciences' 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 Avidity Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets1.8 B1.9 B

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When determining whether Avidity Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avidity Biosciences' 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 Avidity Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidity Biosciences Stock:
Check out the analysis of Avidity Biosciences Correlation against competitors.
For information on how to trade Avidity Stock refer to our How to Trade Avidity Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Avidity Biosciences. Anticipated expansion of Avidity directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Avidity Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(4.19)
Revenue Per Share
0.159
Quarterly Revenue Growth
4.34
Return On Assets
(0.20)
Return On Equity
(0.32)
Understanding Avidity Biosciences requires distinguishing between market price and book value, where the latter reflects Avidity's accounting equity. The concept of intrinsic value - what Avidity Biosciences' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Avidity Biosciences' price substantially above or below its fundamental value.
It's important to distinguish between Avidity Biosciences' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Avidity Biosciences should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Avidity Biosciences' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.