EXACT Good Will vs Total Liab Analysis

EXAS Stock  USD 52.91  0.16  0.30%   
EXACT Sciences financial indicator trend analysis is much more than just examining EXACT Sciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EXACT Sciences is a good investment. Please check the relationship between EXACT Sciences Good Will and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EXACT Sciences. 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 EXACT Stock please use our How to Invest in EXACT Sciences guide.

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EXACT Sciences Good Will account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between EXACT Sciences' Good Will and Total Liab is 0.98. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of EXACT Sciences, assuming nothing else is changed. The correlation between historical values of EXACT Sciences' Good Will and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of EXACT Sciences are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., EXACT Sciences' Good Will and Total Liab go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from EXACT Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EXACT Sciences 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EXACT Sciences. 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 EXACT Stock please use our How to Invest in EXACT Sciences guide.At this time, EXACT Sciences' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.54 in 2024.
 2021 2022 2023 2024 (projected)
Non Recurring20.2M16.0M14.4M13.7M
Reconciled Depreciation180.3M197.6M206.6M131.5M

EXACT Sciences fundamental ratios Correlations

0.990.90.640.90.650.890.990.990.790.950.970.99-0.970.970.99-0.340.90.990.960.880.980.990.990.910.29
0.990.860.670.910.670.90.980.970.80.920.970.99-0.940.940.97-0.350.90.990.940.890.960.980.970.860.27
0.90.860.270.70.360.790.920.930.520.860.780.91-0.920.950.94-0.30.790.880.90.770.950.930.940.960.3
0.640.670.270.750.860.580.60.60.870.640.80.61-0.580.520.54-0.130.590.690.590.590.490.580.540.380.14
0.90.910.70.750.760.750.860.880.850.920.940.85-0.810.80.86-0.50.730.890.780.740.850.860.860.780.32
0.650.670.360.860.760.690.620.630.980.630.780.61-0.610.580.52-0.340.660.680.540.690.480.610.520.410.62
0.890.90.790.580.750.690.920.880.80.810.870.9-0.920.890.86-0.250.990.90.871.00.840.90.850.790.46
0.990.980.920.60.860.620.920.990.760.940.950.99-0.990.980.99-0.290.930.990.970.910.980.990.990.930.28
0.990.970.930.60.880.630.880.990.770.960.960.98-0.980.980.98-0.330.880.990.960.860.970.990.980.940.31
0.790.80.520.870.850.980.80.760.770.760.890.76-0.740.720.68-0.340.770.810.70.790.650.750.680.570.57
0.950.920.860.640.920.630.810.940.960.760.940.9-0.940.930.94-0.390.810.950.890.790.930.920.940.940.26
0.970.970.780.80.940.780.870.950.960.890.940.95-0.920.910.93-0.320.870.980.920.860.90.950.930.830.3
0.990.990.910.610.850.610.90.990.980.760.90.95-0.960.960.98-0.290.90.990.970.890.970.990.980.890.28
-0.97-0.94-0.92-0.58-0.81-0.61-0.92-0.99-0.98-0.74-0.94-0.92-0.96-0.98-0.960.26-0.92-0.97-0.96-0.9-0.94-0.96-0.96-0.93-0.29
0.970.940.950.520.80.580.890.980.980.720.930.910.96-0.980.97-0.260.890.970.960.870.960.980.960.950.34
0.990.970.940.540.860.520.860.990.980.680.940.930.98-0.960.97-0.320.870.970.960.851.00.991.00.940.2
-0.34-0.35-0.3-0.13-0.5-0.34-0.25-0.29-0.33-0.34-0.39-0.32-0.290.26-0.26-0.32-0.16-0.27-0.07-0.25-0.35-0.27-0.32-0.28-0.44
0.90.90.790.590.730.660.990.930.880.770.810.870.9-0.920.890.87-0.160.910.90.990.850.910.860.790.38
0.990.990.880.690.890.680.90.990.990.810.950.980.99-0.970.970.97-0.270.910.970.890.960.990.970.90.27
0.960.940.90.590.780.540.870.970.960.70.890.920.97-0.960.960.96-0.070.90.970.850.940.970.960.90.17
0.880.890.770.590.740.691.00.910.860.790.790.860.89-0.90.870.85-0.250.990.890.850.830.890.840.750.44
0.980.960.950.490.850.480.840.980.970.650.930.90.97-0.940.961.0-0.350.850.960.940.830.981.00.940.2
0.990.980.930.580.860.610.90.990.990.750.920.950.99-0.960.980.99-0.270.910.990.970.890.980.980.920.31
0.990.970.940.540.860.520.850.990.980.680.940.930.98-0.960.961.0-0.320.860.970.960.841.00.980.950.18
0.910.860.960.380.780.410.790.930.940.570.940.830.89-0.930.950.94-0.280.790.90.90.750.940.920.950.23
0.290.270.30.140.320.620.460.280.310.570.260.30.28-0.290.340.2-0.440.380.270.170.440.20.310.180.23
Click cells to compare fundamentals

EXACT Sciences Account Relationship Matchups

EXACT Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B4.9B6.7B6.2B6.5B6.8B
Total Stockholder Equity2.3B2.8B3.4B3.0B3.1B3.3B
Net Debt769.0M(27.1M)2.0B2.2B1.9B2.0B
Cash177.3M1.5B315.5M242.5M605.4M635.6M
Other Assets20.3M63.8M74.6M36.7M42.2M44.3M
Cash And Short Term Investments323.7M1.8B1.0B632.1M777.6M816.5M
Common Stock Shares Outstanding131.3M151.1M171.3M176.4M180.1M189.2M
Liabilities And Stockholders Equity3.5B4.9B6.7B6.2B6.5B6.8B
Other Stockholder Equity3.4B4.3B6.0B6.3B6.6B6.9B
Total Liab1.2B2.1B3.3B3.2B3.3B3.5B
Total Current Assets557.0M2.2B1.4B982.3M1.2B1.3B
Other Current Liab8.5M267.2M423.3M306.3M352.1M369.7M
Total Current Liabilities236.5M575.8M517.1M412.7M514.7M540.4M
Property Plant And Equipment Net581.8M576.6M754.5M851.8M842.1M884.2M
Retained Earnings(1.1B)(2.0B)(2.6B)(3.3B)(3.5B)(3.3B)
Accounts Payable26.0M35.7M67.8M74.9M78.8M82.8M
Non Current Assets Total2.9B2.7B5.3B5.2B5.3B5.5B
Non Currrent Assets Other20.3M(193.1M)(451.3M)(425.5M)177.4M186.3M
Common Stock Total Equity1.5M1.6M1.7M1.8M2.0M2.1M
Other Current Assets40.9M66.3M74.1M73.9M85.6M89.9M
Property Plant And Equipment Gross581.8M576.6M754.5M851.8M1.3B1.3B
Accumulated Other Comprehensive Income(100K)526K(1.4M)(5.2M)1.4M1.5M
Common Stock1.5M1.6M1.7M1.8M1.8M1.9M
Intangible Assets1.1B848.4M2.1B2.0B1.9B2.0B
Property Plant Equipment455.3M450.7M754.5M684.8M787.5M826.8M
Good Will1.2B1.2B2.3B2.3B2.4B2.5B
Other Liab28.1M61.6M417.8M345.1M396.8M416.7M
Short Term Investments146.4M348.7M715.0M389.6M172.3M222.6M
Non Current Liabilities Total981.2M1.5B2.8B2.8B2.8B3.0B
Current Deferred Revenue193.3M233.6M398.6M3.1M76.9M84.2M
Short Long Term Debt Total946.3M1.5B2.4B2.4B2.6B2.7B
Long Term Debt827.6M1.3B2.2B2.2B2.3B2.4B
Net Tangible Assets(58.7M)737.4M(1.0B)697.1M627.4M658.8M
Retained Earnings Total Equity(1.1B)(2.0B)(2.6B)(3.3B)(2.9B)(2.8B)
Long Term Debt Total4.3M688.8M827.6M2.2B2.5B2.6B
Capital Surpluse3.4B4.8B6.0B6.3B7.3B7.6B
Inventory61.7M92.3M105.0M118.3M127.5M133.8M
Non Current Liabilities Other34.9M61.6M417.8M352.5M336.0M352.8M
Short Term Debt8.7M330.2M25.9M31.6M83.8M44.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for EXACT Stock Analysis

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