Accuray Short Long Term Debt vs Intangible Assets Analysis

ARAY Stock  USD 2.49  0.16  6.87%   
Accuray Incorporated financial indicator trend analysis is way more than just evaluating Accuray Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accuray Incorporated is a good investment. Please check the relationship between Accuray Incorporated Short Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accuray Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.

Short Long Term Debt vs Intangible Assets

Short Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accuray Incorporated Short Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Accuray Incorporated's Short Long Term Debt and Intangible Assets is 0.7. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Accuray Incorporated, assuming nothing else is changed. The correlation between historical values of Accuray Incorporated's Short Long Term Debt and Intangible 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 Short Long Term Debt of Accuray Incorporated are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt i.e., Accuray Incorporated's Short Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Accuray Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accuray Incorporated 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 Accuray Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.At this time, Accuray Incorporated's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.15 in 2025, whereas Selling General Administrative is likely to drop slightly above 48.1 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit154.0M142.9M164.4M119.7M
Total Revenue447.6M446.6M513.5M302.7M

Accuray Incorporated fundamental ratios Correlations

0.560.450.750.240.640.890.90.920.990.660.730.75-0.870.450.82-0.650.340.8-0.730.780.97-0.940.320.560.8
0.56-0.270.75-0.440.720.210.240.20.490.090.340.23-0.710.210.580.12-0.040.62-0.720.180.52-0.540.27-0.10.05
0.45-0.27-0.10.480.120.540.520.660.470.690.220.43-0.310.590.26-0.70.620.31-0.110.470.37-0.430.330.670.58
0.750.75-0.1-0.050.670.540.590.530.740.260.630.52-0.70.220.77-0.330.030.59-0.70.440.71-0.740.040.150.48
0.24-0.440.48-0.05-0.440.550.50.480.230.050.490.390.060.31-0.12-0.660.570.210.390.540.21-0.18-0.380.440.67
0.640.720.120.67-0.440.250.310.430.650.450.240.34-0.760.090.81-0.07-0.220.44-0.770.110.59-0.620.740.190.12
0.890.210.540.540.550.250.990.950.880.590.770.8-0.660.470.6-0.840.510.68-0.510.890.91-0.850.010.60.97
0.90.240.520.590.50.310.990.950.910.60.790.82-0.70.410.68-0.860.460.65-0.570.890.93-0.890.040.570.95
0.920.20.660.530.480.430.950.950.940.730.710.78-0.70.430.7-0.820.420.66-0.530.840.9-0.860.260.710.92
0.990.490.470.740.230.650.880.910.940.690.740.78-0.860.350.87-0.70.280.69-0.730.790.97-0.950.350.550.8
0.660.090.690.260.050.450.590.60.730.690.30.45-0.540.340.6-0.560.220.41-0.510.530.6-0.60.470.660.59
0.730.340.220.630.490.240.770.790.710.740.30.68-0.620.20.61-0.690.320.5-0.370.790.74-0.75-0.130.320.75
0.750.230.430.520.390.340.80.820.780.780.450.68-0.690.270.68-0.720.340.45-0.550.70.81-0.810.050.140.75
-0.87-0.71-0.31-0.70.06-0.76-0.66-0.7-0.7-0.86-0.54-0.62-0.69-0.28-0.870.45-0.17-0.660.83-0.56-0.880.9-0.44-0.24-0.53
0.450.210.590.220.310.090.470.410.430.350.340.20.27-0.280.07-0.420.860.71-0.210.360.33-0.39-0.080.430.47
0.820.580.260.77-0.120.810.60.680.70.870.60.610.68-0.870.07-0.51-0.050.41-0.840.520.83-0.880.440.260.51
-0.650.12-0.7-0.33-0.66-0.07-0.84-0.86-0.82-0.7-0.56-0.69-0.720.45-0.42-0.51-0.57-0.320.32-0.78-0.670.730.11-0.53-0.88
0.34-0.040.620.030.57-0.220.510.460.420.280.220.320.34-0.170.86-0.05-0.570.49-0.040.530.28-0.35-0.310.360.55
0.80.620.310.590.210.440.680.650.660.690.410.50.45-0.660.710.41-0.320.49-0.480.550.71-0.650.170.50.6
-0.73-0.72-0.11-0.70.39-0.77-0.51-0.57-0.53-0.73-0.51-0.37-0.550.83-0.21-0.840.32-0.04-0.48-0.4-0.780.82-0.37-0.09-0.35
0.780.180.470.440.540.110.890.890.840.790.530.790.7-0.560.360.52-0.780.530.55-0.40.79-0.75-0.080.540.87
0.970.520.370.710.210.590.910.930.90.970.60.740.81-0.880.330.83-0.670.280.71-0.780.79-0.960.260.450.8
-0.94-0.54-0.43-0.74-0.18-0.62-0.85-0.89-0.86-0.95-0.6-0.75-0.810.9-0.39-0.880.73-0.35-0.650.82-0.75-0.96-0.25-0.38-0.76
0.320.270.330.04-0.380.740.010.040.260.350.47-0.130.05-0.44-0.080.440.11-0.310.17-0.37-0.080.26-0.250.31-0.11
0.56-0.10.670.150.440.190.60.570.710.550.660.320.14-0.240.430.26-0.530.360.5-0.090.540.45-0.380.310.65
0.80.050.580.480.670.120.970.950.920.80.590.750.75-0.530.470.51-0.880.550.6-0.350.870.8-0.76-0.110.65
Click cells to compare fundamentals

Accuray Incorporated Account Relationship Matchups

Accuray Incorporated fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets480.1M472.8M479.2M468.6M538.9M394.4M
Total Stockholder Equity68.8M53.2M53.7M45.1M51.8M79.1M
Net Debt83.0M125.0M115.6M142.2M163.5M171.7M
Cash116.4M88.7M89.4M68.6M78.9M84.2M
Other Assets17.1M18.1M20.5M21.4M19.2M14.0M
Cash And Short Term Investments116.4M88.7M89.4M68.6M78.9M112.5M
Common Stock Shares Outstanding92.0M92.1M94.9M98.3M113.0M68.6M
Liabilities And Stockholders Equity480.1M472.8M479.2M468.6M538.9M394.4M
Other Stockholder Equity554.7M543.2M555.3M566.9M651.9M401.1M
Total Liab411.3M419.7M425.6M423.5M487.1M314.4M
Total Current Assets352.8M350.9M338.0M323.2M371.7M285.1M
Short Long Term Debt Total199.4M213.7M205.0M210.7M242.4M191.1M
Other Current Liab71.1M68.2M66.3M47.0M54.0M46.4M
Total Current Liabilities192.4M208.9M198.6M195.3M224.6M179.9M
Other Liab31.5M31.5M14.2M31.8M28.6M27.4M
Property Plant And Equipment Net34.9M29.5M46.8M58.5M67.3M70.7M
Current Deferred Revenue106.6M100.7M93.0M71.6M82.4M96.0M
Retained Earnings(488.0M)(492.5M)(502.1M)(517.7M)(465.9M)(489.2M)
Accounts Payable19.5M31.3M33.7M50.0M57.5M60.4M
Non Current Assets Total127.3M122.0M141.2M145.4M167.2M118.3M
Non Currrent Assets Other18.1M20.5M21.4M18.6M16.8M15.4M
Net Receivables85.4M94.4M74.8M92.0M105.8M66.8M
Good Will58.0M57.8M57.7M57.7M66.3M46.0M
Non Current Liabilities Total218.9M210.8M226.9M228.3M262.5M160.4M
Inventory125.9M142.3M145.2M138.3M159.1M93.8M
Other Current Assets25.1M25.5M28.7M24.3M28.0M28.1M
Property Plant And Equipment Gross34.9M29.5M46.8M132.2M152.1M159.7M
Accumulated Other Comprehensive Income2.1M2.4M422K(4.2M)(4.9M)(4.6M)
Short Term Debt20.1M25.7M14.0M20.2M23.2M22.1M
Intangible Assets435K250K210K59K53.1K50.4K
Property Plant Equipment44.0M34.9M29.5M39.3M45.2M30.6M
Net Tangible Assets5.3M10.4M(4.9M)(11.7M)(10.6M)(10.0M)
Long Term Debt170.0M171.9M171.6M164.4M189.1M174.0M
Retained Earnings Total Equity(485.5M)(481.7M)(488.0M)(492.5M)(443.3M)(465.4M)
Long Term Debt Total159.8M189.3M170.0M171.9M197.7M172.1M
Capital Surpluse535.3M545.7M554.7M543.2M624.7M543.6M
Deferred Long Term Liab1.1M900K9.8M9.2M8.3M8.2M

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.

Additional Tools for Accuray Stock Analysis

When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated'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 Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.