Quanterix Corp Stock Cash And Equivalents

QTRX Stock

USD 11.75 0.03 0.26%

Quanterix Corp fundamentals help investors to digest information that contributes to Quanterix Corp's financial success or failures. It also enables traders to predict the movement of Quanterix Stock. The fundamental analysis module provides a way to measure Quanterix Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quanterix Corp stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Quanterix Corp Company Cash And Equivalents Analysis

Quanterix Corp's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Quanterix Corp Cash And Equivalents

361.29 M

Most of Quanterix Corp's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quanterix Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quanterix Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Quanterix Corp is extremely important. It helps to project a fair market value of Quanterix Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Quanterix Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quanterix Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quanterix Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Long Term Debt Total	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Investments	Capital Surpluse	Net Invested Capital	Net Working Capital	Good Will	Capital Stock	Intangible Assets
Total Assets		1.0	0.94	0.89	-0.94	-0.9	0.8	-0.65	0.98	-0.68	0.95	0.51	0.81	1.0	0.58	0.92	0.95	0.83	0.97	0.98	0.97	0.35	0.96	0.67
Total Stockholder Equity	1.0		0.94	0.88	-0.95	-0.89	0.81	-0.65	0.98	-0.68	0.94	0.51	0.8	1.0	0.55	0.91	0.95	0.82	0.96	0.98	0.97	0.36	0.95	0.66
Net Tangible Assets	0.94	0.94		0.89	-0.87	-0.97	0.79	-0.72	0.94	-0.76	0.91	0.51	0.87	0.94	0.59	0.92	0.97	0.83	0.91	0.92	0.91	0.24	0.97	0.63
Current Deferred Revenue	0.89	0.88	0.89		-0.77	-0.93	0.72	-0.84	0.9	-0.84	0.89	0.5	0.72	0.89	0.58	0.94	0.82	0.87	0.87	0.8	0.8	0.12	0.86	0.53
Net Debt	-0.94	-0.95	-0.87	-0.77		0.78	-0.82	0.62	-0.88	0.64	-0.83	-0.43	-0.72	-0.94	-0.41	-0.85	-0.89	-0.72	-0.85	-0.93	-0.92	-0.45	-0.87	-0.67
Retained Earnings	-0.9	-0.89	-0.97	-0.93	0.78		-0.68	0.7	-0.91	0.71	-0.92	-0.44	-0.83	-0.9	-0.58	-0.89	-0.93	-0.84	-0.92	-0.87	-0.87	-0.09	-0.96	-0.57
Accounts Payable	0.8	0.81	0.79	0.72	-0.82	-0.68		-0.75	0.83	-0.77	0.7	0.46	0.56	0.79	0.37	0.87	0.81	0.83	0.66	0.72	0.69	0.68	0.74	0.79
Long Term Debt	-0.65	-0.65	-0.72	-0.84	0.62	0.7	-0.75		-0.67	0.97	-0.61	-0.38	-0.55	-0.65	-0.45	-0.84	-0.61	-0.67	-0.54	-0.51	-0.5	-0.25	-0.59	-0.51
Net Receivables	0.98	0.98	0.94	0.9	-0.88	-0.91	0.83	-0.67		-0.7	0.96	0.54	0.81	0.98	0.64	0.93	0.94	0.89	0.96	0.94	0.93	0.38	0.96	0.69
Long Term Debt Total	-0.68	-0.68	-0.76	-0.84	0.64	0.71	-0.77	0.97	-0.7		-0.64	-0.57	-0.58	-0.68	-0.49	-0.89	-0.63	-0.71	-0.57	-0.54	-0.53	-0.28	-0.62	-0.54
Total Liab	0.95	0.94	0.91	0.89	-0.83	-0.92	0.7	-0.61	0.96	-0.64		0.52	0.83	0.94	0.73	0.89	0.9	0.85	0.95	0.91	0.91	0.29	0.96	0.69
Deferred Long Term Liab	0.51	0.51	0.51	0.5	-0.43	-0.44	0.46	-0.38	0.54	-0.57	0.52		0.4	0.51	0.45	0.65	0.43	0.62	0.5	0.43	0.43	0.28	0.45	0.42
Short Long Term Debt	0.81	0.8	0.87	0.72	-0.72	-0.83	0.56	-0.55	0.81	-0.58	0.83	0.4		0.82	0.81	0.72	0.83	0.54	0.82	0.83	0.83	0.09	0.87	0.43
Total Current Assets	1.0	1.0	0.94	0.89	-0.94	-0.9	0.79	-0.65	0.98	-0.68	0.94	0.51	0.82		0.57	0.91	0.95	0.82	0.97	0.98	0.98	0.33	0.96	0.64
Short Term Debt	0.58	0.55	0.59	0.58	-0.41	-0.58	0.37	-0.45	0.64	-0.49	0.73	0.45	0.81	0.57		0.58	0.5	0.46	0.6	0.54	0.53	0.14	0.61	0.39
Common Stock	0.92	0.91	0.92	0.94	-0.85	-0.89	0.87	-0.84	0.93	-0.89	0.89	0.65	0.72	0.91	0.58		0.87	0.92	0.84	0.82	0.81	0.41	0.87	0.73
Property Plant Equipment	0.95	0.95	0.97	0.82	-0.89	-0.93	0.81	-0.61	0.94	-0.63	0.9	0.43	0.83	0.95	0.5	0.87		0.8	0.92	0.96	0.95	0.34	0.98	0.69
Long Term Investments	0.83	0.82	0.83	0.87	-0.72	-0.84	0.83	-0.67	0.89	-0.71	0.85	0.62	0.54	0.82	0.46	0.92	0.8		0.8	0.74	0.72	0.41	0.82	0.73
Capital Surpluse	0.97	0.96	0.91	0.87	-0.85	-0.92	0.66	-0.54	0.96	-0.57	0.95	0.5	0.82	0.97	0.6	0.84	0.92	0.8		0.97	0.97	0.18	0.96	0.56
Net Invested Capital	0.98	0.98	0.92	0.8	-0.93	-0.87	0.72	-0.51	0.94	-0.54	0.91	0.43	0.83	0.98	0.54	0.82	0.96	0.74	0.97		1.0	0.3	0.96	0.61
Net Working Capital	0.97	0.97	0.91	0.8	-0.92	-0.87	0.69	-0.5	0.93	-0.53	0.91	0.43	0.83	0.98	0.53	0.81	0.95	0.72	0.97	1.0		0.24	0.95	0.56
Good Will	0.35	0.36	0.24	0.12	-0.45	-0.09	0.68	-0.25	0.38	-0.28	0.29	0.28	0.09	0.33	0.14	0.41	0.34	0.41	0.18	0.3	0.24		0.28	0.82
Capital Stock	0.96	0.95	0.97	0.86	-0.87	-0.96	0.74	-0.59	0.96	-0.62	0.96	0.45	0.87	0.96	0.61	0.87	0.98	0.82	0.96	0.96	0.95	0.28		0.68
Intangible Assets	0.67	0.66	0.63	0.53	-0.67	-0.57	0.79	-0.51	0.69	-0.54	0.69	0.42	0.43	0.64	0.39	0.73	0.69	0.73	0.56	0.61	0.56	0.82	0.68

Click cells to compare fundamentals

Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Competition

Predict Quanterix Corp

Quanterix Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

(62.45 Million)

Quanterix Corp reported Cash And Cash Equivalents Changes of (65.74 Million) in 2023

In accordance with the recently published financial statements, Quanterix Corp has 361.29 M in Cash And Equivalents. This is 55.99% lower than that of the Life Sciences Tools & Services sector and 35.25% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 86.63% higher than that of the company.

Quanterix Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quanterix Corp's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quanterix Corp could also be used in its relative valuation, which is a method of valuing Quanterix Corp by comparing valuation metrics of similar companies.

Quanterix Corp is currently under evaluation in cash and equivalents category among its peers.

Quanterix Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Quanterix Corp from analyzing Quanterix Corp's financial statements. These drivers represent accounts that assess Quanterix Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quanterix Corp's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	402.7M	592.9M	1.5B	512.3M	461.1M	464.7M
Enterprise Value	364.9M	491.4M	1.2B	217.7M	195.9M	362.9M

Quanterix Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Quanterix Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quanterix Corp's managers, analysts, and investors.

Environmental

Governance

Social

Quanterix Fundamentals

	Return On Equity	-0.11
	Return On Asset	-0.0782
	Profit Margin	(0.31) %
	Operating Margin	(0.38) %
	Current Valuation	165.66 M
	Shares Outstanding	38.38 M
	Shares Owned By Insiders	6.54 %
	Shares Owned By Institutions	85.32 %
	Number Of Shares Shorted	1.99 M
	Price To Book	1.26 X
	Price To Sales	3.48 X
	Revenue	122.37 M
	Gross Profit	46.81 M
	EBITDA	(38.09 M)
	Net Income	(32.33 M)
	Cash And Equivalents	361.29 M
	Cash Per Share	9.77 X
	Total Debt	41.46 M
	Debt To Equity	0.11 %
	Current Ratio	11.27 X
	Book Value Per Share	8.77 X
	Cash Flow From Operations	(18.9 M)
	Short Ratio	6.19 X
	Earnings Per Share	(1.04) X
	Target Price	19.93
	Number Of Employees	441
	Beta	1.36
	Market Capitalization	475.9 M
	Total Asset	425.01 M
	Retained Earnings	(434.5 M)
	Working Capital	339.94 M
	Net Asset	425.01 M

About Quanterix Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quanterix Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quanterix Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quanterix Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Quanterix Stock Analysis

When running Quanterix Corp's price analysis, check to measure Quanterix 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 Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix 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 Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC