EXACT Net Receivables vs Long Term Investments Analysis

EXAS Stock

USD 55.14 2.23 4.21%

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 Net Receivables and its Long Term Investments 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.

Net Receivables vs Long Term Investments

Net Receivables vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EXACT Sciences Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between EXACT Sciences' Net Receivables and Long Term Investments is -0.28. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments 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' Net Receivables and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of EXACT Sciences are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., EXACT Sciences' Net Receivables and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Long Term Investments

Long Term Investments is an item on the asset side of EXACT Sciences balance sheet that represents investments EXACT Sciences intends to hold for over a year. EXACT Sciences long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 Recurring	20.2M	16.0M	14.4M	13.7M
Reconciled Depreciation	180.3M	197.6M	206.6M	131.5M

Non Recurring Reconciled Depreciation

EXACT Sciences fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Other Current Assets	Property Plant And Equipment Gross	Common Stock	Intangible Assets	Property Plant Equipment	Good Will	Other Liab	Short Term Investments
Total Assets		0.99	0.9	0.64	0.9	0.65	0.89	0.99	0.99	0.79	0.95	0.97	0.99	-0.97	0.97	0.99	-0.34	0.9	0.99	0.96	0.88	0.98	0.99	0.99	0.91	0.29
Total Stockholder Equity	0.99		0.86	0.67	0.91	0.67	0.9	0.98	0.97	0.8	0.92	0.97	0.99	-0.94	0.94	0.97	-0.35	0.9	0.99	0.94	0.89	0.96	0.98	0.97	0.86	0.27
Net Debt	0.9	0.86		0.27	0.7	0.36	0.79	0.92	0.93	0.52	0.86	0.78	0.91	-0.92	0.95	0.94	-0.3	0.79	0.88	0.9	0.77	0.95	0.93	0.94	0.96	0.3
Cash	0.64	0.67	0.27		0.75	0.86	0.58	0.6	0.6	0.87	0.64	0.8	0.61	-0.58	0.52	0.54	-0.13	0.59	0.69	0.59	0.59	0.49	0.58	0.54	0.38	0.14
Other Assets	0.9	0.91	0.7	0.75		0.76	0.75	0.86	0.88	0.85	0.92	0.94	0.85	-0.81	0.8	0.86	-0.5	0.73	0.89	0.78	0.74	0.85	0.86	0.86	0.78	0.32
Cash And Short Term Investments	0.65	0.67	0.36	0.86	0.76		0.69	0.62	0.63	0.98	0.63	0.78	0.61	-0.61	0.58	0.52	-0.34	0.66	0.68	0.54	0.69	0.48	0.61	0.52	0.41	0.62
Common Stock Shares Outstanding	0.89	0.9	0.79	0.58	0.75	0.69		0.92	0.88	0.8	0.81	0.87	0.9	-0.92	0.89	0.86	-0.25	0.99	0.9	0.87	1.0	0.84	0.9	0.85	0.79	0.46
Other Stockholder Equity	0.99	0.98	0.92	0.6	0.86	0.62	0.92		0.99	0.76	0.94	0.95	0.99	-0.99	0.98	0.99	-0.29	0.93	0.99	0.97	0.91	0.98	0.99	0.99	0.93	0.28
Total Liab	0.99	0.97	0.93	0.6	0.88	0.63	0.88	0.99		0.77	0.96	0.96	0.98	-0.98	0.98	0.98	-0.33	0.88	0.99	0.96	0.86	0.97	0.99	0.98	0.94	0.31
Total Current Assets	0.79	0.8	0.52	0.87	0.85	0.98	0.8	0.76	0.77		0.76	0.89	0.76	-0.74	0.72	0.68	-0.34	0.77	0.81	0.7	0.79	0.65	0.75	0.68	0.57	0.57
Other Current Liab	0.95	0.92	0.86	0.64	0.92	0.63	0.81	0.94	0.96	0.76		0.94	0.9	-0.94	0.93	0.94	-0.39	0.81	0.95	0.89	0.79	0.93	0.92	0.94	0.94	0.26
Total Current Liabilities	0.97	0.97	0.78	0.8	0.94	0.78	0.87	0.95	0.96	0.89	0.94		0.95	-0.92	0.91	0.93	-0.32	0.87	0.98	0.92	0.86	0.9	0.95	0.93	0.83	0.3
Property Plant And Equipment Net	0.99	0.99	0.91	0.61	0.85	0.61	0.9	0.99	0.98	0.76	0.9	0.95		-0.96	0.96	0.98	-0.29	0.9	0.99	0.97	0.89	0.97	0.99	0.98	0.89	0.28
Retained Earnings	-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	-0.96	0.26	-0.92	-0.97	-0.96	-0.9	-0.94	-0.96	-0.96	-0.93	-0.29
Accounts Payable	0.97	0.94	0.95	0.52	0.8	0.58	0.89	0.98	0.98	0.72	0.93	0.91	0.96	-0.98		0.97	-0.26	0.89	0.97	0.96	0.87	0.96	0.98	0.96	0.95	0.34
Non Current Assets Total	0.99	0.97	0.94	0.54	0.86	0.52	0.86	0.99	0.98	0.68	0.94	0.93	0.98	-0.96	0.97		-0.32	0.87	0.97	0.96	0.85	1.0	0.99	1.0	0.94	0.2
Non Currrent Assets Other	-0.34	-0.35	-0.3	-0.13	-0.5	-0.34	-0.25	-0.29	-0.33	-0.34	-0.39	-0.32	-0.29	0.26	-0.26	-0.32		-0.16	-0.27	-0.07	-0.25	-0.35	-0.27	-0.32	-0.28	-0.44
Common Stock Total Equity	0.9	0.9	0.79	0.59	0.73	0.66	0.99	0.93	0.88	0.77	0.81	0.87	0.9	-0.92	0.89	0.87	-0.16		0.91	0.9	0.99	0.85	0.91	0.86	0.79	0.38
Other Current Assets	0.99	0.99	0.88	0.69	0.89	0.68	0.9	0.99	0.99	0.81	0.95	0.98	0.99	-0.97	0.97	0.97	-0.27	0.91		0.97	0.89	0.96	0.99	0.97	0.9	0.27
Property Plant And Equipment Gross	0.96	0.94	0.9	0.59	0.78	0.54	0.87	0.97	0.96	0.7	0.89	0.92	0.97	-0.96	0.96	0.96	-0.07	0.9	0.97		0.85	0.94	0.97	0.96	0.9	0.17
Common Stock	0.88	0.89	0.77	0.59	0.74	0.69	1.0	0.91	0.86	0.79	0.79	0.86	0.89	-0.9	0.87	0.85	-0.25	0.99	0.89	0.85		0.83	0.89	0.84	0.75	0.44
Intangible Assets	0.98	0.96	0.95	0.49	0.85	0.48	0.84	0.98	0.97	0.65	0.93	0.9	0.97	-0.94	0.96	1.0	-0.35	0.85	0.96	0.94	0.83		0.98	1.0	0.94	0.2
Property Plant Equipment	0.99	0.98	0.93	0.58	0.86	0.61	0.9	0.99	0.99	0.75	0.92	0.95	0.99	-0.96	0.98	0.99	-0.27	0.91	0.99	0.97	0.89	0.98		0.98	0.92	0.31
Good Will	0.99	0.97	0.94	0.54	0.86	0.52	0.85	0.99	0.98	0.68	0.94	0.93	0.98	-0.96	0.96	1.0	-0.32	0.86	0.97	0.96	0.84	1.0	0.98		0.95	0.18
Other Liab	0.91	0.86	0.96	0.38	0.78	0.41	0.79	0.93	0.94	0.57	0.94	0.83	0.89	-0.93	0.95	0.94	-0.28	0.79	0.9	0.9	0.75	0.94	0.92	0.95		0.23
Short Term Investments	0.29	0.27	0.3	0.14	0.32	0.62	0.46	0.28	0.31	0.57	0.26	0.3	0.28	-0.29	0.34	0.2	-0.44	0.38	0.27	0.17	0.44	0.2	0.31	0.18	0.23

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EXACT Sciences Account Relationship Matchups

EXACT Sciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	4.9B	6.7B	6.2B	6.5B	6.8B
Total Stockholder Equity	2.3B	2.8B	3.4B	3.0B	3.1B	3.3B
Net Debt	769.0M	(27.1M)	2.0B	2.2B	1.9B	2.0B
Cash	177.3M	1.5B	315.5M	242.5M	605.4M	635.6M
Other Assets	20.3M	63.8M	74.6M	36.7M	42.2M	44.3M
Cash And Short Term Investments	323.7M	1.8B	1.0B	632.1M	777.6M	816.5M
Common Stock Shares Outstanding	131.3M	151.1M	171.3M	176.4M	180.1M	189.2M
Liabilities And Stockholders Equity	3.5B	4.9B	6.7B	6.2B	6.5B	6.8B
Other Stockholder Equity	3.4B	4.3B	6.0B	6.3B	6.6B	6.9B
Total Liab	1.2B	2.1B	3.3B	3.2B	3.3B	3.5B
Total Current Assets	557.0M	2.2B	1.4B	982.3M	1.2B	1.3B
Other Current Liab	8.5M	267.2M	423.3M	306.3M	352.1M	369.7M
Total Current Liabilities	236.5M	575.8M	517.1M	412.7M	514.7M	540.4M
Property Plant And Equipment Net	581.8M	576.6M	754.5M	851.8M	842.1M	884.2M
Retained Earnings	(1.1B)	(2.0B)	(2.6B)	(3.3B)	(3.5B)	(3.3B)
Accounts Payable	26.0M	35.7M	67.8M	74.9M	78.8M	82.8M
Non Current Assets Total	2.9B	2.7B	5.3B	5.2B	5.3B	5.5B
Non Currrent Assets Other	20.3M	(193.1M)	(451.3M)	(425.5M)	177.4M	186.3M
Common Stock Total Equity	1.5M	1.6M	1.7M	1.8M	2.0M	2.1M
Other Current Assets	40.9M	66.3M	74.1M	73.9M	85.6M	89.9M
Property Plant And Equipment Gross	581.8M	576.6M	754.5M	851.8M	1.3B	1.3B
Accumulated Other Comprehensive Income	(100K)	526K	(1.4M)	(5.2M)	1.4M	1.5M
Common Stock	1.5M	1.6M	1.7M	1.8M	1.8M	1.9M
Intangible Assets	1.1B	848.4M	2.1B	2.0B	1.9B	2.0B
Property Plant Equipment	455.3M	450.7M	754.5M	684.8M	787.5M	826.8M
Good Will	1.2B	1.2B	2.3B	2.3B	2.4B	2.5B
Other Liab	28.1M	61.6M	417.8M	345.1M	396.8M	416.7M
Short Term Investments	146.4M	348.7M	715.0M	389.6M	172.3M	222.6M
Non Current Liabilities Total	981.2M	1.5B	2.8B	2.8B	2.8B	3.0B
Current Deferred Revenue	193.3M	233.6M	398.6M	3.1M	76.9M	84.2M
Short Long Term Debt Total	946.3M	1.5B	2.4B	2.4B	2.6B	2.7B
Long Term Debt	827.6M	1.3B	2.2B	2.2B	2.3B	2.4B
Net Tangible Assets	(58.7M)	737.4M	(1.0B)	697.1M	627.4M	658.8M
Retained Earnings Total Equity	(1.1B)	(2.0B)	(2.6B)	(3.3B)	(2.9B)	(2.8B)
Long Term Debt Total	4.3M	688.8M	827.6M	2.2B	2.5B	2.6B
Capital Surpluse	3.4B	4.8B	6.0B	6.3B	7.3B	7.6B
Inventory	61.7M	92.3M	105.0M	118.3M	127.5M	133.8M
Non Current Liabilities Other	34.9M	61.6M	417.8M	352.5M	336.0M	352.8M
Short Term Debt	8.7M	330.2M	25.9M	31.6M	83.8M	44.2M

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