Absci Corp Financials

ABSI Stock  USD 2.56  0.01  0.39%   
Based on the analysis of Absci Corp's profitability, liquidity, and operating efficiency, Absci Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in December. As of now, Absci Corp's Cash is increasing as compared to previous years. The Absci Corp's current Non Currrent Assets Other is estimated to increase to about 2.8 M, while Other Current Liabilities is projected to decrease to under 17.7 M. Key indicators impacting Absci Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.494.0794
Way Up
Slightly volatile
Investors should never underestimate Absci Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Absci Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Absci Corp.

Net Income

(105.04 Million)

  
Understanding current and past Absci Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Absci Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Absci Corp's assets may result in an increase in income on the income statement.

Absci Corp Stock Summary

Absci Corp competes with Eliem Therapeutics, HCW Biologics, Scpharmaceuticals, Milestone Pharmaceuticals, and Seres Therapeutics. Absci Corporation, a drug and target discovery company, provides biologic drug candidates and production cell lines using integrated drug creation platform for partners in the United States. Absci Corporation was founded in 2011 and is headquartered in Vancouver, Washington. Absci Corp operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 211 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS00091E1091
CUSIP00091E109
LocationWashington; U.S.A
Business Address18105 SE Mill
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.absci.com
Phone360 949 1041
CurrencyUSD - US Dollar

Absci Corp Key Financial Ratios

Absci Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Absci Corp's current stock value. Our valuation model uses many indicators to compare Absci Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absci Corp competition to find correlations between indicators driving Absci Corp's intrinsic value. More Info.
Absci Corp is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers . As of now, Absci Corp's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Absci Corp's earnings, one of the primary drivers of an investment's value.

Absci Corp Systematic Risk

Absci Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Absci Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Absci Corp correlated with the market. If Beta is less than 0 Absci Corp generally moves in the opposite direction as compared to the market. If Absci Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absci Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absci Corp is generally in the same direction as the market. If Beta > 1 Absci Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Absci Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Absci Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Absci Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.84)

As of now, Absci Corp's Price Earnings To Growth Ratio is increasing as compared to previous years.

Absci Corp November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Absci Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Absci Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Absci Corp based on widely used predictive technical indicators. In general, we focus on analyzing Absci Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Absci Corp's daily price indicators and compare them against related drivers.

Complementary Tools for Absci Stock analysis

When running Absci Corp's price analysis, check to measure Absci Corp'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 Absci Corp is operating at the current time. Most of Absci Corp's value examination focuses on studying past and present price action to predict the probability of Absci Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absci Corp's price. Additionally, you may evaluate how the addition of Absci Corp to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Directory
Find actively traded commodities issued by global exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios