OraSure Historical Balance Sheet

OSUR Stock  USD 3.64  0.15  3.96%   
Trend analysis of OraSure Technologies balance sheet accounts such as Total Current Liabilities of 41.5 M provides information on OraSure Technologies' total assets, liabilities, and equity, which is the actual value of OraSure Technologies to its prevalent stockholders. By breaking down trends over time using OraSure Technologies 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.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining OraSure Technologies 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 OraSure Technologies is a good buy for the upcoming year.

OraSure Technologies Inventory

49.99 Million

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OraSure Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.

About OraSure Balance Sheet Analysis

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

OraSure Technologies Balance Sheet Chart

At this time, OraSure Technologies' Non Current Assets Total are relatively stable compared to the past year. As of 12/20/2024, Non Currrent Assets Other is likely to grow to about 2 M, though Net Debt is likely to grow to (263.1 M).

Total Assets

Total assets refers to the total amount of OraSure Technologies 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 OraSure Technologies 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 Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash

Cash refers to the most liquid asset of OraSure Technologies, which is listed under current asset account on OraSure Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OraSure Technologies customers. The amounts must be unrestricted with restricted cash listed in a different OraSure Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from OraSure Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into OraSure Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OraSure Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.At this time, OraSure Technologies' Non Current Assets Total are relatively stable compared to the past year. As of 12/20/2024, Non Currrent Assets Other is likely to grow to about 2 M, though Net Debt is likely to grow to (263.1 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total12.3M12.5M13.5M7.3M
Total Assets461.0M444.7M482.8M507.0M

OraSure Technologies balance sheet Correlations

0.740.850.831.00.9-0.720.130.750.740.830.590.860.860.710.940.790.450.950.880.850.98-0.03-0.310.310.89
0.740.690.830.710.82-0.49-0.180.760.510.630.60.50.740.760.810.810.710.770.840.840.720.3-0.03-0.050.56
0.850.690.840.830.85-0.410.20.750.440.790.660.630.860.630.830.70.60.760.860.750.8-0.26-0.310.50.82
0.830.830.840.780.9-0.32-0.070.950.350.840.870.460.90.710.830.90.820.80.990.830.750.17-0.040.270.71
1.00.710.830.780.88-0.760.160.70.770.810.540.90.840.690.920.760.380.940.840.830.98-0.06-0.340.310.89
0.90.820.850.90.88-0.570.110.820.60.850.730.660.780.620.940.810.660.830.940.940.840.1-0.190.140.8
-0.72-0.49-0.41-0.32-0.76-0.57-0.1-0.21-1.0-0.35-0.01-0.93-0.36-0.39-0.7-0.40.09-0.72-0.41-0.64-0.8-0.020.430.19-0.57
0.13-0.180.2-0.070.160.11-0.10.020.120.020.010.210.06-0.420.110.05-0.07-0.19-0.030.170.16-0.63-0.660.250.54
0.750.760.750.950.70.82-0.210.020.250.730.950.350.90.610.710.950.840.70.940.790.690.11-0.140.260.7
0.740.510.440.350.770.6-1.00.120.250.360.040.930.390.360.730.44-0.040.720.450.690.820.02-0.43-0.20.61
0.830.630.790.840.810.85-0.350.020.730.360.690.540.730.720.790.620.560.790.850.640.70.10.110.450.7
0.590.60.660.870.540.73-0.010.010.950.040.690.150.760.510.540.810.810.530.840.640.50.04-0.070.280.55
0.860.50.630.460.90.66-0.930.210.350.930.540.150.570.510.790.48-0.010.820.550.660.91-0.15-0.480.180.77
0.860.740.860.90.840.78-0.360.060.90.390.730.760.570.70.790.910.680.820.910.750.84-0.08-0.250.460.8
0.710.760.630.710.690.62-0.39-0.420.610.360.720.510.510.70.620.560.40.830.720.470.640.210.130.360.42
0.940.810.830.830.920.94-0.70.110.710.730.790.540.790.790.620.780.550.880.880.910.910.08-0.20.120.81
0.790.810.70.90.760.81-0.40.050.950.440.620.810.480.910.560.780.780.740.910.870.790.12-0.250.10.73
0.450.710.60.820.380.660.09-0.070.84-0.040.560.81-0.010.680.40.550.780.40.770.650.360.240.140.050.41
0.950.770.760.80.940.83-0.72-0.190.70.720.790.530.820.820.830.880.740.40.850.760.920.14-0.130.230.7
0.880.840.860.990.840.94-0.41-0.030.940.450.850.840.550.910.720.880.910.770.850.870.820.14-0.110.260.76
0.850.840.750.830.830.94-0.640.170.790.690.640.640.660.750.470.910.870.650.760.870.850.12-0.35-0.070.79
0.980.720.80.750.980.84-0.80.160.690.820.70.50.910.840.640.910.790.360.920.820.85-0.08-0.440.230.88
-0.030.3-0.260.17-0.060.1-0.02-0.630.110.020.10.04-0.15-0.080.210.080.120.240.140.140.12-0.080.62-0.46-0.27
-0.31-0.03-0.31-0.04-0.34-0.190.43-0.66-0.14-0.430.11-0.07-0.48-0.250.13-0.2-0.250.14-0.13-0.11-0.35-0.440.62-0.15-0.55
0.31-0.050.50.270.310.140.190.250.26-0.20.450.280.180.460.360.120.10.050.230.26-0.070.23-0.46-0.150.42
0.890.560.820.710.890.8-0.570.540.70.610.70.550.770.80.420.810.730.410.70.760.790.88-0.27-0.550.42
Click cells to compare fundamentals

OraSure Technologies Account Relationship Matchups

OraSure Technologies balance sheet Accounts

201920202021202220232024 (projected)
Total Assets349.3M454.5M461.0M444.7M482.8M507.0M
Other Current Liab17.8M18.6M28.6M21.4M19.3M20.3M
Total Current Liabilities32.7M46.5M68.1M70.4M39.5M41.5M
Total Stockholder Equity307.1M398.6M380.5M363.6M430.7M452.2M
Property Plant And Equipment Net37.3M51.9M88.2M59.4M58.3M61.2M
Net Debt(70.1M)(154.7M)(104.5M)(71.4M)(276.9M)(263.1M)
Retained Earnings(82.5M)(97.5M)(120.5M)(138.4M)(83.9M)(88.1M)
Accounts Payable9.6M17.4M28.0M38.0M13.2M13.8M
Cash75.7M160.8M116.8M84.0M290.4M304.9M
Non Current Assets Total124.7M165.6M172.6M119.0M96.4M101.2M
Non Currrent Assets Other2.3M6.6M10.5M12.4M1.2M2.0M
Cash And Short Term Investments156.3M209.4M153.0M110.8M290.4M304.9M
Net Receivables36.9M38.8M45.3M70.8M40.2M42.2M
Common Stock Shares Outstanding62.2M67.5M72.0M72.5M74.4M44.7M
Liabilities And Stockholders Equity349.3M454.5M461.0M444.7M482.8M507.0M
Non Current Liabilities Total9.4M9.4M12.4M10.7M12.6M13.3M
Inventory23.2M31.9M53.1M96.2M47.6M50.0M
Other Current Assets8.1M8.8M36.9M47.8M8.3M10.3M
Other Stockholder Equity401.8M505.1M511.1M520.4M529.5M556.0M
Total Liab42.2M55.9M80.5M81.1M52.2M54.8M
Property Plant And Equipment Gross37.3M57.6M160.9M141.0M143.4M150.6M
Total Current Assets224.6M288.9M288.4M325.7M386.5M405.8M
Accumulated Other Comprehensive Income(12.1M)(9.1M)(10.1M)(18.4M)(14.9M)(14.2M)
Intangible Assets14.7M17.9M14.3M11.7M1.2M1.1M
Short Term Investments83.0M68.1M80.6M48.6M36.3M26.9M
Common Stock258.1M283.4M307.1M380.5M437.6M459.5M
Other Liab3.9M4.9M12.4M1.1M1.3M2.4M
Other Assets3.2M7.7M50.4K60.6K54.6K51.8K
Property Plant Equipment37.3M51.9M88.2M59.4M68.3M71.7M
Current Deferred Revenue3.7M4.8M2.9M2.3M1.6M1.5M
Net Tangible Assets256.3M340.3M325.9M316.8M364.3M221.1M
Good Will36.2M40.4M40.3M35.1M35.7M30.4M
Capital Surpluse401.8M505.1M511.1M520.4M598.5M429.9M
Non Current Liabilities Other3.0M8.2M12.4M10.7M696K661.2K
Net Invested Capital307.1M398.6M380.5M363.6M430.7M380.6M

Pair Trading with OraSure Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OraSure Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OraSure Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against OraSure Stock

  0.74DXCM DexCom IncPairCorr
  0.73EW Edwards Lifesciences CorpPairCorr
  0.67VREX Varex Imaging CorpPairCorr
  0.61GH Guardant HealthPairCorr
  0.58OM Outset MedicalPairCorr
The ability to find closely correlated positions to OraSure Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OraSure Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OraSure Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OraSure Technologies to buy it.
The correlation of OraSure Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OraSure Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OraSure Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OraSure Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for OraSure Stock Analysis

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