Caredx Historical Balance Sheet

CDNA Stock  USD 24.11  0.98  4.24%   
Trend analysis of Caredx Inc balance sheet accounts such as Short Long Term Debt Total of 20.7 M, Other Current Liabilities of 29.1 M or Total Current Liabilities of 43.4 M provides information on Caredx's total assets, liabilities, and equity, which is the actual value of Caredx Inc to its prevalent stockholders. By breaking down trends over time using Caredx 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Caredx Inc 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 Caredx Inc is a good buy for the upcoming year.

Caredx Inventory

20.44 Million

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

About Caredx Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Caredx Inc at a specified time, usually calculated after every quarter, six months, or one year. Caredx Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Caredx 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 Caredx currently owns. An asset can also be divided into two categories, current and non-current.

Caredx Balance Sheet Chart

At present, Caredx's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 274.4 M, whereas Short and Long Term Debt Total is forecasted to decline to about 20.7 M.

Total Assets

Total assets refers to the total amount of Caredx 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 Caredx Inc 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 Caredx balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Caredx Inc 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.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on Caredx Inc Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Caredx Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Caredx Inc shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.
Most accounts from Caredx's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Caredx Inc 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 Caredx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Caredx's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 274.4 M, whereas Short and Long Term Debt Total is forecasted to decline to about 20.7 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total17.4M39.0M34.2M20.7M
Total Assets566.6M543.0M466.8M490.2M

Caredx balance sheet Correlations

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Caredx Account Relationship Matchups

Caredx balance sheet Accounts

201920202021202220232024 (projected)
Total Assets151.7M368.5M566.6M543.0M466.8M490.2M
Short Long Term Debt Total3.0M16.1M17.4M39.0M34.2M20.7M
Other Current Liab22.6M57.5M60.0M55.1M54.5M29.1M
Total Current Liabilities34.8M69.2M77.3M76.0M78.1M43.4M
Total Stockholder Equity99M277.7M465.9M430.9M261.3M274.4M
Other Liab14.8M5.5M6.1M2.7M3.1M2.9M
Property Plant And Equipment Net9.2M25.9M40.0M70.2M65.1M68.4M
Current Deferred Revenue3.7M20.5M55.3M5.3M4.7M8.4M
Net Debt(35.2M)(118.6M)(331.1M)(50.9M)(48.0M)(50.4M)
Retained Earnings(333.8M)(352.5M)(383.2M)(460.4M)(678.3M)(644.4M)
Accounts Payable5.5M9.7M13.3M9.9M12.9M13.5M
Cash38.2M134.7M348.5M89.9M82.2M79.7M
Non Current Assets Total79.8M95.4M133.3M155.1M170.9M179.4M
Non Currrent Assets Other(5.5M)(9.6M)(5.7M)(14.0M)19.1M20.1M
Other Assets1.3M1.3M6.0M4.4M(17.8M)(16.9M)
Cash And Short Term Investments38.2M224.7M348.5M293.1M235.4M120.6M
Net Receivables24.1M34.6M59.8M66.3M51.1M53.6M
Common Stock Total Equity41K42K49K52K59.8K62.8K
Common Stock Shares Outstanding42.2M46.5M52.2M53.3M53.8M32.9M
Liabilities And Stockholders Equity151.7M368.5M566.6M543.0M466.8M490.2M
Non Current Liabilities Total17.9M21.6M23.4M36.1M127.4M133.8M
Inventory6.0M10.0M17.2M19.2M19.5M20.4M
Other Current Assets3.6M7.5M15.9M9.2M7.8M4.6M
Other Stockholder Equity438.0M632.3M853.7M898.8M946.5M993.8M
Total Liab52.7M90.8M100.7M112.1M205.5M215.8M
Property Plant And Equipment Gross9.2M25.9M40.0M70.2M97.4M102.3M
Total Current Assets71.9M273.1M433.4M387.8M313.7M329.4M
Accumulated Other Comprehensive Income(5.2M)(2.1M)(4.7M)(7.5M)(7.0M)(7.3M)
Short Term Debt3.0M2.0M4.0M5.6M(2.6M)(2.5M)
Common Stock29K41K42K49K52K33.1K
Property Plant Equipment9.2M25.9M40.0M70.2M80.8M84.8M
Net Tangible Assets29.6M209.5M378.7M350.3M402.9M423.0M
Retained Earnings Total Equity(311.8M)(333.8M)(352.5M)(383.2M)(344.9M)(362.1M)
Deferred Long Term Liab4.1M2.0M1.3M415K373.5K354.8K

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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 Caredx Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caredx'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 Caredx Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caredx Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caredx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 Caredx. If investors know Caredx 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 Caredx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
5.952
Quarterly Revenue Growth
0.234
Return On Assets
(0.07)
Return On Equity
(0.43)
The market value of Caredx Inc is measured differently than its book value, which is the value of Caredx that is recorded on the company's balance sheet. Investors also form their own opinion of Caredx's value that differs from its market value or its book value, called intrinsic value, which is Caredx'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 Caredx's market value can be influenced by many factors that don't directly affect Caredx'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 Caredx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caredx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caredx'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.