Absci Other Non Cash Items vs Stock Based Compensation Analysis

ABSI Stock

USD 2.94 0.19 6.91%

Absci Corp financial indicator trend analysis is way more than just evaluating Absci Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Absci Corp is a good investment. Please check the relationship between Absci Corp Other Non Cash Items and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Absci Corp Other Non Cash Items account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Absci Corp's Other Non Cash Items and Stock Based Compensation is 0.7. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Absci Corp, assuming nothing else is changed. The correlation between historical values of Absci Corp's Other Non Cash Items and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Absci Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Absci Corp's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Non Cash Items

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Absci Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Absci Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.The current Selling General Administrative is estimated to decrease to about 25.2 M. The current Tax Provision is estimated to decrease to about (470.4 K)

	2021	2022	2023	2024 (projected)
Interest Expense	3.4M	972K	1.0M	1.4M
Depreciation And Amortization	6.7M	13.0M	14.0M	7.8M

Interest Expense Depreciation And Amortization

Absci Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.94	0.79	0.97	0.97	0.68	0.94	0.98	0.35	-0.84	-0.78	0.86	0.89	0.99	0.21	0.71	0.53	0.99	0.8	0.89	-0.31	-0.46	0.97	0.84	0.93	0.93
Short Long Term Debt Total	0.94		0.85	0.95	0.87	0.45	0.86	0.96	0.46	-0.69	-0.83	0.72	0.76	0.94	-0.02	0.5	0.75	0.93	0.9	0.88	-0.37	-0.3	0.95	0.86	0.93	0.97
Other Current Liab	0.79	0.85		0.9	0.82	0.15	0.86	0.9	0.44	-0.39	-0.93	0.41	0.46	0.86	-0.25	0.18	0.82	0.71	0.84	0.91	-0.31	-0.58	0.7	0.93	0.96	0.89
Total Current Liabilities	0.97	0.95	0.9		0.95	0.54	0.96	0.99	0.49	-0.75	-0.88	0.76	0.81	0.98	0.13	0.56	0.63	0.94	0.89	0.95	-0.33	-0.5	0.93	0.92	0.97	0.98
Total Stockholder Equity	0.97	0.87	0.82	0.95		0.66	0.96	0.97	0.24	-0.79	-0.76	0.81	0.83	0.99	0.17	0.68	0.48	0.95	0.71	0.9	-0.26	-0.64	0.89	0.85	0.94	0.87
Other Liab	0.68	0.45	0.15	0.54	0.66		0.53	0.54	0.09	-0.94	-0.15	0.94	0.89	0.61	0.73	0.99	-0.22	0.74	0.29	0.38	0.1	-0.18	0.69	0.25	0.39	0.45
Net Tangible Assets	0.94	0.86	0.86	0.96	0.96	0.53		0.96	0.39	-0.72	-0.89	0.69	0.78	0.96	0.2	0.53	0.51	0.89	0.78	0.98	-0.46	-0.69	0.85	0.95	0.94	0.9
Property Plant And Equipment Net	0.98	0.96	0.9	0.99	0.97	0.54	0.96		0.4	-0.74	-0.86	0.75	0.79	0.99	0.07	0.57	0.65	0.95	0.85	0.94	-0.32	-0.53	0.93	0.91	0.98	0.96
Current Deferred Revenue	0.35	0.46	0.44	0.49	0.24	0.09	0.39	0.4		-0.36	-0.61	0.26	0.4	0.33	0.32	0.03	0.33	0.34	0.79	0.49	-0.23	0.15	0.42	0.5	0.37	0.61
Net Debt	-0.84	-0.69	-0.39	-0.75	-0.79	-0.94	-0.72	-0.74	-0.36		0.44	-0.98	-0.99	-0.78	-0.66	-0.93	-0.05	-0.89	-0.59	-0.61	0.1	0.2	-0.87	-0.51	-0.6	-0.7
Retained Earnings	-0.78	-0.83	-0.93	-0.88	-0.76	-0.15	-0.89	-0.86	-0.61	0.44		-0.4	-0.54	-0.82	0.04	-0.14	-0.72	-0.71	-0.89	-0.96	0.58	0.55	-0.72	-0.99	-0.89	-0.9
Accounts Payable	0.86	0.72	0.41	0.76	0.81	0.94	0.69	0.75	0.26	-0.98	-0.4		0.97	0.8	0.56	0.95	0.11	0.91	0.57	0.58	-0.02	-0.18	0.89	0.48	0.63	0.7
Cash	0.89	0.76	0.46	0.81	0.83	0.89	0.78	0.79	0.4	-0.99	-0.54	0.97		0.83	0.61	0.88	0.14	0.93	0.66	0.7	-0.23	-0.25	0.92	0.6	0.67	0.76
Non Current Assets Total	0.99	0.94	0.86	0.98	0.99	0.61	0.96	0.99	0.33	-0.78	-0.82	0.8	0.83		0.13	0.64	0.58	0.96	0.8	0.92	-0.3	-0.55	0.93	0.88	0.97	0.94
Non Currrent Assets Other	0.21	-0.02	-0.25	0.13	0.17	0.73	0.2	0.07	0.32	-0.66	0.04	0.56	0.61	0.13		0.62	-0.63	0.28	0.07	0.09	-0.01	0.03	0.25	-0.03	-0.08	0.08
Other Assets	0.71	0.5	0.18	0.56	0.68	0.99	0.53	0.57	0.03	-0.93	-0.14	0.95	0.88	0.64	0.62		-0.13	0.77	0.3	0.37	0.15	-0.16	0.72	0.25	0.43	0.47
Long Term Debt	0.53	0.75	0.82	0.63	0.48	-0.22	0.51	0.65	0.33	-0.05	-0.72	0.11	0.14	0.58	-0.63	-0.13		0.47	0.72	0.63	-0.32	-0.18	0.52	0.7	0.74	0.71
Cash And Short Term Investments	0.99	0.93	0.71	0.94	0.95	0.74	0.89	0.95	0.34	-0.89	-0.71	0.91	0.93	0.96	0.28	0.77	0.47		0.78	0.84	-0.3	-0.38	0.99	0.78	0.87	0.9
Net Receivables	0.8	0.9	0.84	0.89	0.71	0.29	0.78	0.85	0.79	-0.59	-0.89	0.57	0.66	0.8	0.07	0.3	0.72	0.78		0.85	-0.35	-0.17	0.83	0.85	0.84	0.96
Common Stock Total Equity	0.89	0.88	0.91	0.95	0.9	0.38	0.98	0.94	0.49	-0.61	-0.96	0.58	0.7	0.92	0.09	0.37	0.63	0.84	0.85		-0.55	-0.64	0.82	0.99	0.94	0.92
Common Stock Shares Outstanding	-0.31	-0.37	-0.31	-0.33	-0.26	0.1	-0.46	-0.32	-0.23	0.1	0.58	-0.02	-0.23	-0.3	-0.01	0.15	-0.32	-0.3	-0.35	-0.55		0.34	-0.33	-0.58	-0.32	-0.34
Non Current Liabilities Total	-0.46	-0.3	-0.58	-0.5	-0.64	-0.18	-0.69	-0.53	0.15	0.2	0.55	-0.18	-0.25	-0.55	0.03	-0.16	-0.18	-0.38	-0.17	-0.64	0.34		-0.26	-0.64	-0.58	-0.35
Capital Lease Obligations	0.97	0.95	0.7	0.93	0.89	0.69	0.85	0.93	0.42	-0.87	-0.72	0.89	0.92	0.93	0.25	0.72	0.52	0.99	0.83	0.82	-0.33	-0.26		0.77	0.85	0.92
Inventory	0.84	0.86	0.93	0.92	0.85	0.25	0.95	0.91	0.5	-0.51	-0.99	0.48	0.6	0.88	-0.03	0.25	0.7	0.78	0.85	0.99	-0.58	-0.64	0.77		0.94	0.91
Other Current Assets	0.93	0.93	0.96	0.97	0.94	0.39	0.94	0.98	0.37	-0.6	-0.89	0.63	0.67	0.97	-0.08	0.43	0.74	0.87	0.84	0.94	-0.32	-0.58	0.85	0.94		0.95
Other Stockholder Equity	0.93	0.97	0.89	0.98	0.87	0.45	0.9	0.96	0.61	-0.7	-0.9	0.7	0.76	0.94	0.08	0.47	0.71	0.9	0.96	0.92	-0.34	-0.35	0.92	0.91	0.95

Click cells to compare fundamentals

Absci Corp Account Relationship Matchups

Currently Active Assets on Macroaxis

ESRT	Empire State Realty
C	Citigroup
C	Citigroup
GOOG	Alphabet Inc Class C
DD	Dupont De Nemours

When determining whether Absci Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Absci Corp's 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 Absci Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Absci Corp Stock:

How To Invest In Absci

Details

Is Absci Stock a good investment?

Details

What is Absci Corp's Net Worth?

Details

Largest Biotechnology Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absci Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Absci Stock please use our How to Invest in Absci Corp guide.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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 Absci Corp. If investors know Absci 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 Absci Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.93)

Revenue Per Share

0.04

Quarterly Revenue Growth

1.286

Return On Assets

(0.27)

Return On Equity

(0.49)

The market value of Absci Corp is measured differently than its book value, which is the value of Absci that is recorded on the company's balance sheet. Investors also form their own opinion of Absci Corp's value that differs from its market value or its book value, called intrinsic value, which is Absci Corp'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 Absci Corp's market value can be influenced by many factors that don't directly affect Absci Corp'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 Absci Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Absci Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Absci Corp'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.

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

Absci Other Non Cash Items vs Stock Based Compensation Analysis

Other Non Cash Items vs Stock Based Compensation

Other Non Cash Items vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Stock Based Compensation

Absci Corp fundamental ratios Correlations

Absci Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.99	Other Liab
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Inventory	- 0.99	Retained Earnings
Cash	- 0.99	Net Debt
Accounts Payable	- 0.98	Net Debt
Common Stock Total Equity	- 0.96	Retained Earnings
Net Debt	- 0.94	Other Liab
Other Assets	- 0.93	Net Debt