Arrayit Historical Balance Sheet
| ARYC Stock | USD 0.0001 0.00 0.00% |
Trend analysis of Arrayit balance sheet accounts such as Other Current Liab of 442.9 K, Total Current Liabilities of 6.3 M or Accounts Payable of 953.8 K provides information on Arrayit's total assets, liabilities, and equity, which is the actual value of Arrayit to its prevalent stockholders. By breaking down trends over time using Arrayit balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Arrayit latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Arrayit is a good buy for the upcoming year.
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About Arrayit Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Arrayit at a specified time, usually calculated after every quarter, six months, or one year. Arrayit Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arrayit and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Arrayit currently owns. An asset can also be divided into two categories, current and non-current.
Arrayit Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Arrayit assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arrayit books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Arrayit balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Arrayit are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents Arrayit obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Arrayit are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Arrayit's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Arrayit current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Arrayit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Arrayit Stock refer to our How to Trade Arrayit Stock guide.At present, Arrayit's Net Receivables is projected to decrease significantly based on the last few years of reporting. The current year's Short and Long Term Debt is expected to grow to about 229 K, whereas Total Assets are forecasted to decline to about 989.9 K.
| 2013 | 2014 | 2023 | 2024 (projected) | Other Current Liabilities | 249.5K | 476.9K | 548.4K | 442.9K | Total Assets | 1.5M | 1.0M | 1.2M | 989.9K |
Arrayit balance sheet Correlations
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Arrayit Account Relationship Matchups
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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.When determining whether Arrayit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arrayit'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 Arrayit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arrayit Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrayit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Arrayit Stock refer to our How to Trade Arrayit Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Arrayit. If investors know Arrayit 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 Arrayit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.015 | Quarterly Revenue Growth 0.249 | Return On Assets (2.10) |
The market value of Arrayit is measured differently than its book value, which is the value of Arrayit that is recorded on the company's balance sheet. Investors also form their own opinion of Arrayit's value that differs from its market value or its book value, called intrinsic value, which is Arrayit'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 Arrayit's market value can be influenced by many factors that don't directly affect Arrayit'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 Arrayit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrayit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrayit'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.