Acacia Cash vs Other Current Assets Analysis
ACTG Stock | USD 4.50 0.08 1.75% |
Acacia Research financial indicator trend analysis is way more than just evaluating Acacia Research prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acacia Research is a good investment. Please check the relationship between Acacia Research Cash and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acacia Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Acacia Stock please use our How to Invest in Acacia Research guide.
Cash vs Other Current Assets
Cash vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acacia Research Cash account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Acacia Research's Cash and Other Current Assets is 0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Acacia Research, assuming nothing else is changed. The correlation between historical values of Acacia Research's Cash and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Acacia Research are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Acacia Research's Cash and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Acacia Research, which is listed under current asset account on Acacia Research balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Acacia Research customers. The amounts must be unrestricted with restricted cash listed in a different Acacia Research account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Acacia Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acacia Research 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 Acacia Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Acacia Stock please use our How to Invest in Acacia Research guide.At this time, Acacia Research's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Acacia Research's current Sales General And Administrative To Revenue is estimated to increase to 0.42, while Selling General Administrative is projected to decrease to roughly 29.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 10.7M | 13.5M | 13.5M | 10.9M | Interest Income | 501K | 5.4M | 14.6M | 15.3M |
Acacia Research fundamental ratios Correlations
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Acacia Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acacia Research fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 218.2M | 515.5M | 798.9M | 482.9M | 633.5M | 665.2M | |
Other Current Liab | 9.5M | 8.1M | 12.1M | 18.7M | 21.4M | 12.3M | |
Total Current Liabilities | 11.7M | 124.8M | 200.2M | 87.2M | 27.6M | 30.1M | |
Total Stockholder Equity | 173.1M | 281.5M | 419.4M | 258.3M | 568.3M | 596.7M | |
Net Debt | (56.1M) | (48.9M) | (125.7M) | (225.5M) | (326.6M) | (310.3M) | |
Retained Earnings | (439.7M) | (326.7M) | (181.7M) | (306.8M) | (239.7M) | (227.7M) | |
Accounts Payable | 1.8M | 1.0M | 5.4M | 6.0M | 3.3M | 5.0M | |
Cash | 57.4M | 165.5M | 308.9M | 287.8M | 340.1M | 357.1M | |
Non Current Assets Total | 46.4M | 57.9M | 68.2M | 54.9M | 79.0M | 75.6M | |
Non Currrent Assets Other | 35.4M | (33.8M) | 5.7M | (26.5M) | 4.2M | 4.4M | |
Cash And Short Term Investments | 168.3M | 451.3M | 707.5M | 386.1M | 340.1M | 357.1M | |
Net Receivables | 511K | 506K | 9.5M | 8.2M | 80.6M | 84.6M | |
Common Stock Shares Outstanding | 50.9M | 57.4M | 98.5M | 42.5M | 92.4M | 97.0M | |
Liabilities And Stockholders Equity | 218.2M | 515.5M | 798.9M | 482.9M | 633.5M | 665.2M | |
Non Current Liabilities Total | 31.5M | 98.2M | 168.2M | 126.4M | 16.3M | 21.0M | |
Other Current Assets | 2.9M | 5.8M | 4.8M | 19.4M | 146.1M | 153.4M | |
Other Stockholder Equity | 612.7M | 608.1M | 601.1M | 525.2M | 174.4M | 332.3M | |
Total Liab | 43.2M | 223.0M | 368.4M | 213.6M | 43.9M | 51.1M | |
Total Current Assets | 171.8M | 457.7M | 730.7M | 428.0M | 554.5M | 582.2M | |
Short Long Term Debt Total | 18.4M | 142.4M | 183.3M | 62.3M | 13.5M | 12.8M | |
Intangible Assets | 7.8M | 16.9M | 48.8M | 36.7M | 33.6M | 62.4M | |
Other Assets | 35.8M | 40.0M | 5.7M | 5.2M | 6.0M | 5.3M | |
Short Term Investments | 111.0M | 285.8M | 398.5M | 98.4M | 68.9M | 79.5M | |
Other Liab | 4.2M | 59.6M | 133.0M | 87.8M | 100.9M | 106.0M | |
Accumulated Other Comprehensive Income | 0.0 | (8.1M) | (10.9M) | (14.8M) | (633.5M) | (601.9M) | |
Net Tangible Assets | 173.4M | 264.6M | 363.2M | 234.0M | 269.1M | 253.8M | |
Noncontrolling Interest In Consolidated Entity | 1.4M | 1.8M | 1.8M | 11.0M | 12.7M | 13.3M | |
Retained Earnings Total Equity | (422.5M) | (439.7M) | (326.7M) | (306.8M) | (276.1M) | (289.9M) | |
Capital Surpluse | 651.2M | 652.0M | 651.4M | 663.3M | 762.8M | 687.4M |
Currently Active Assets on Macroaxis
When determining whether Acacia Research is a strong investment it is important to analyze Acacia Research's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Acacia Research's future performance. For an informed investment choice regarding Acacia Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acacia Research. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Acacia Stock please use our How to Invest in Acacia Research guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Research & Consulting Services 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 Acacia Research. If investors know Acacia 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 Acacia Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share 0.58 | Revenue Per Share 1.659 | Quarterly Revenue Growth 1.312 | Return On Assets 0.0404 |
The market value of Acacia Research is measured differently than its book value, which is the value of Acacia that is recorded on the company's balance sheet. Investors also form their own opinion of Acacia Research's value that differs from its market value or its book value, called intrinsic value, which is Acacia Research'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 Acacia Research's market value can be influenced by many factors that don't directly affect Acacia Research'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 Acacia Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acacia Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acacia Research'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.