Aclaris Operating Income vs Extraordinary Items Analysis
ACRS Stock | USD 4.32 0.36 9.09% |
Aclaris Therapeutics financial indicator trend analysis is way more than just evaluating Aclaris Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aclaris Therapeutics is a good investment. Please check the relationship between Aclaris Therapeutics Operating Income and its Extraordinary Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.
Operating Income vs Extraordinary Items
Operating Income vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aclaris Therapeutics Operating Income account and Extraordinary Items. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aclaris Therapeutics' Operating Income and Extraordinary Items is 0.82. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Aclaris Therapeutics, assuming nothing else is changed. The correlation between historical values of Aclaris Therapeutics' Operating Income and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Aclaris Therapeutics are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Operating Income i.e., Aclaris Therapeutics' Operating Income and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Aclaris Therapeutics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Aclaris Therapeutics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Extraordinary Items
Most indicators from Aclaris Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aclaris Therapeutics 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 Aclaris Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aclaris Stock please use our How to Invest in Aclaris Therapeutics guide.Discontinued Operations is likely to gain to about 167.8 K in 2024, whereas Selling General Administrative is likely to drop slightly above 21.3 M in 2024.
Aclaris Therapeutics fundamental ratios Correlations
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Aclaris Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aclaris Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 98.3M | 70.8M | 251.2M | 254.6M | 197.4M | 169.3M | |
Other Current Liab | 4.2M | 8.4M | 11.6M | 10.2M | 2.2M | 2.1M | |
Total Current Liabilities | 22.4M | 14.9M | 22.9M | 21.9M | 31.0M | 16.3M | |
Total Stockholder Equity | 69.9M | 37.7M | 197.3M | 197.6M | 157.2M | 133.2M | |
Other Liab | 2.4M | 7.6M | 28.8M | 33.5M | 38.5M | 40.4M | |
Property Plant And Equipment Net | 2.5M | 1.7M | 1.3M | 1.1M | 1.6M | 1.6M | |
Net Debt | (35.3M) | (42.9M) | (26.7M) | (44.6M) | (39.5M) | (41.4M) | |
Retained Earnings | (453.5M) | (504.5M) | (595.4M) | (682.3M) | (770.8M) | (732.3M) | |
Accounts Payable | 9.9M | 5.3M | 10.0M | 10.4M | 8.9M | 7.2M | |
Cash | 35.9M | 54.1M | 27.3M | 45.3M | 39.9M | 52.9M | |
Non Current Assets Total | 14.5M | 13.3M | 46.2M | 23.0M | 68.5M | 72.0M | |
Cash And Short Term Investments | 75.0M | 54.1M | 225.7M | 229.8M | 119.1M | 137.6M | |
Common Stock Shares Outstanding | 41.3M | 42.5M | 56.7M | 65.2M | 69.8M | 38.5M | |
Short Term Investments | 39.1M | 32.1M | 164.1M | 172.3M | 79.2M | 96.3M | |
Liabilities And Stockholders Equity | 98.3M | 70.8M | 251.2M | 254.6M | 197.4M | 169.3M | |
Non Current Liabilities Total | 6.0M | 18.3M | 30.9M | 35.0M | 9.3M | 8.8M | |
Other Current Assets | 3.1M | 5.2M | 26.0M | 13.5M | 9.5M | 7.2M | |
Other Stockholder Equity | 523.5M | 542.3M | 793.0M | 880.8M | 928.1M | 495.6M | |
Total Liab | 28.4M | 33.1M | 53.9M | 57.0M | 40.2M | 36.1M | |
Property Plant And Equipment Gross | 2.5M | 1.7M | 4.7M | 5.1M | 5.8M | 6.1M | |
Total Current Assets | 83.8M | 57.5M | 205.0M | 231.6M | 128.9M | 139.1M | |
Accumulated Other Comprehensive Income | (66K) | (94K) | (224K) | (897K) | (106K) | (111.3K) | |
Property Plant Equipment | 7.2M | 1.7M | 1.3M | 1.1M | 1.3M | 1.9M | |
Net Tangible Assets | 62.7M | 30.5M | 190.3M | 190.6M | 219.2M | 135.0M | |
Non Currrent Assets Other | 4.8M | 4.5M | 3.6M | (630K) | 1.7M | 1.8M | |
Other Assets | 92K | 4.5M | 251.2M | 1.7M | 2.0M | 1.9M | |
Net Receivables | 704K | 772K | 623K | 484K | 298K | 283.1K | |
Retained Earnings Total Equity | (453.5M) | (504.5M) | (595.4M) | (682.3M) | (614.1M) | (583.4M) | |
Capital Surpluse | 523.5M | 542.3M | 793.0M | 880.8M | 1.0B | 553.9M | |
Inventory | 791K | 5.0M | (34.2M) | (12.2M) | (11.0M) | (10.5M) | |
Intangible Assets | 7.2M | 7.1M | 7.0M | 7.0M | 269K | 255.6K | |
Non Current Liabilities Other | 5.4M | 7.2M | 30.6M | 34.7M | 9.3M | 13.1M | |
Short Long Term Debt Total | 658K | 11.3M | 693K | 684K | 426K | 404.7K | |
Capital Lease Obligations | 637K | 603K | 693K | 684K | 426K | 594.9K | |
Net Invested Capital | 69.9M | 48.3M | 197.3M | 197.6M | 157.2M | 130.4M | |
Net Working Capital | 61.4M | 42.6M | 182.1M | 209.6M | 97.9M | 106.7M |
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