Cryoport Current Deferred Revenue vs Net Tangible Assets Analysis

CYRX Stock  USD 6.99  0.39  5.28%   
Cryoport financial indicator trend analysis is way more than just evaluating Cryoport prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cryoport is a good investment. Please check the relationship between Cryoport Current Deferred Revenue and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. 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 Cryoport Stock please use our How to Invest in Cryoport guide.

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cryoport Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cryoport's Current Deferred Revenue and Net Tangible Assets is 0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Cryoport, assuming nothing else is changed. The correlation between historical values of Cryoport's Current Deferred Revenue and Net Tangible 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 Current Deferred Revenue of Cryoport are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Current Deferred Revenue i.e., Cryoport's Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.
Most indicators from Cryoport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cryoport 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 Cryoport. 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 Cryoport Stock please use our How to Invest in Cryoport guide.At this time, Cryoport's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.7 M in 2025, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense6.1M5.5M6.3M6.6M
Depreciation And Amortization22.8M27.5M31.6M33.2M

Cryoport fundamental ratios Correlations

0.990.910.980.990.950.43-0.960.98-0.160.980.980.990.570.910.990.45-0.10.990.990.890.990.960.96-0.20.94
0.990.920.970.970.970.42-0.970.96-0.160.950.980.970.560.891.00.47-0.090.991.00.910.990.940.93-0.190.95
0.910.920.950.890.980.41-0.920.91-0.160.920.870.930.490.880.930.45-0.090.940.930.980.890.840.9-0.180.94
0.980.970.950.980.970.43-0.940.99-0.170.990.931.00.560.910.970.45-0.090.980.980.920.950.950.99-0.20.97
0.990.970.890.980.930.43-0.930.99-0.170.980.960.990.570.920.970.43-0.10.980.970.850.970.950.97-0.20.92
0.950.970.980.970.930.42-0.960.94-0.160.940.920.970.530.90.970.48-0.090.980.970.980.940.890.92-0.180.98
0.430.420.410.430.430.42-0.380.42-0.960.420.420.430.310.350.42-0.590.060.420.420.390.420.420.42-0.970.42
-0.96-0.97-0.92-0.94-0.93-0.96-0.38-0.920.12-0.91-0.95-0.95-0.54-0.91-0.97-0.50.07-0.98-0.97-0.92-0.96-0.9-0.890.15-0.93
0.980.960.910.990.990.940.42-0.92-0.161.00.920.990.550.910.960.45-0.080.970.960.880.940.951.0-0.190.95
-0.16-0.16-0.16-0.17-0.17-0.16-0.960.12-0.16-0.17-0.15-0.17-0.17-0.11-0.160.78-0.1-0.15-0.16-0.15-0.16-0.17-0.171.0-0.17
0.980.950.920.990.980.940.42-0.911.0-0.170.910.990.560.90.950.44-0.090.970.960.880.930.951.0-0.20.96
0.980.980.870.930.960.920.42-0.950.92-0.150.910.940.560.880.980.44-0.10.970.980.851.00.930.89-0.190.88
0.990.970.931.00.990.970.43-0.950.99-0.170.990.940.560.930.980.46-0.090.990.980.910.960.950.98-0.20.97
0.570.560.490.560.570.530.31-0.540.55-0.170.560.560.560.50.560.18-0.380.550.560.490.570.640.55-0.190.53
0.910.890.880.910.920.90.35-0.910.91-0.110.90.880.930.50.890.44-0.140.930.890.850.890.820.89-0.150.87
0.991.00.930.970.970.970.42-0.970.96-0.160.950.980.980.560.890.47-0.090.991.00.920.990.940.93-0.190.95
0.450.470.450.450.430.48-0.59-0.50.450.780.440.440.460.180.440.47-0.140.470.470.470.440.420.430.770.47
-0.1-0.09-0.09-0.09-0.1-0.090.060.07-0.08-0.1-0.09-0.1-0.09-0.38-0.14-0.09-0.14-0.09-0.09-0.09-0.1-0.12-0.08-0.09-0.07
0.990.990.940.980.980.980.42-0.980.97-0.150.970.970.990.550.930.990.47-0.090.990.930.980.940.95-0.190.96
0.991.00.930.980.970.970.42-0.970.96-0.160.960.980.980.560.891.00.47-0.090.990.920.990.950.94-0.190.96
0.890.910.980.920.850.980.39-0.920.88-0.150.880.850.910.490.850.920.47-0.090.930.920.870.820.86-0.170.96
0.990.990.890.950.970.940.42-0.960.94-0.160.931.00.960.570.890.990.44-0.10.980.990.870.930.91-0.190.9
0.960.940.840.950.950.890.42-0.90.95-0.170.950.930.950.640.820.940.42-0.120.940.950.820.930.94-0.20.9
0.960.930.90.990.970.920.42-0.891.0-0.171.00.890.980.550.890.930.43-0.080.950.940.860.910.94-0.20.94
-0.2-0.19-0.18-0.2-0.2-0.18-0.970.15-0.191.0-0.2-0.19-0.2-0.19-0.15-0.190.77-0.09-0.19-0.19-0.17-0.19-0.2-0.2-0.19
0.940.950.940.970.920.980.42-0.930.95-0.170.960.880.970.530.870.950.47-0.070.960.960.960.90.90.94-0.19
Click cells to compare fundamentals

Cryoport Account Relationship Matchups

Cryoport fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets552.4M1.1B1.0B957.7M1.1B1.2B
Short Long Term Debt Total130.9M427.1M435.9M416.0M478.4M502.3M
Other Current Liab5.7M7.2M5.6M12.4M14.3M15.0M
Total Current Liabilities35.0M42.6M40.9M45.6M52.5M55.1M
Total Stockholder Equity382.7M641.8M555.8M489.0M562.4M590.5M
Property Plant And Equipment Net44.1M69.7M90.5M117.5M135.1M141.9M
Net Debt94.0M288.0M399.3M369.7M425.1M446.4M
Retained Earnings(192.0M)(467.5M)(542.8M)(642.4M)(578.2M)(549.3M)
Accounts Payable24.3M27.7M27.0M26.1M30.0M31.5M
Cash36.9M139.1M36.6M46.3M53.3M50.6M
Non Current Assets Total405.2M419.5M434.6M422.6M486.0M510.3M
Cash And Short Term Investments93.3M628.8M523.3M456.8M525.3M551.5M
Net Receivables31.4M39.4M43.9M42.1M48.4M50.8M
Common Stock Total Equity30.3K37.3K40K50K57.5K35.5K
Common Stock Shares Outstanding38.6M45.9M49.0M48.7M56.0M58.9M
Liabilities And Stockholders Equity552.4M1.1B1.0B957.7M1.1B1.2B
Non Current Liabilities Total134.7M428.5M442.1M423.1M486.6M510.9M
Inventory10.5M16.5M27.7M26.2M30.1M31.6M
Other Current Assets23.9M17.6M9.3M10.1M11.6M18.2M
Other Stockholder Equity566.5M1.1B1.1B1.1B1.3B1.4B
Total Liab169.7M471.1M482.9M468.7M539.0M566.0M
Property Plant And Equipment Gross44.1M49.0M90.5M154.1M177.2M186.1M
Total Current Assets147.2M693.5M604.2M535.1M615.4M646.1M
Accumulated Other Comprehensive Income5.4M(1.2M)(34.5M)(26.1M)(23.5M)(22.3M)
Short Term Debt4.6M7.2M7.8M5.8M6.7M7.0M
Intangible Assets213.9M201.4M191.0M194.4M223.5M234.7M
Common Stock40K50K48K49K56.4K53.5K
Other Liab21K6.1M5.0M10.1M11.6M12.1M
Non Currrent Assets Other2.0M1.4M1.0M1.7M1.9M2.0M
Other Assets16.0M1.4M2.0M1.01.151.09
Short Term Investments56.4M489.7M486.7M410.4M472.0M495.6M
Property Plant Equipment16.3M30.0M69.7M90.5M104.1M109.3M
Current Deferred Revenue445K547K439K1.3M1.5M1.6M
Good Will145.3M147.0M151.1M108.4M124.7M130.9M
Net Tangible Assets110.1M379.9M293.4M195.4M224.8M236.0M
Retained Earnings Total Equity(141.0M)(159.3M)(192.0M)(467.5M)(420.8M)(399.7M)
Capital Surpluse179.5M285.6M566.5M1.1B1.3B1.3B

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