Recursion Short Term Debt vs Current Deferred Revenue Analysis

RXRX Stock  USD 5.89  0.11  1.83%   
Recursion Pharmaceuticals financial indicator trend analysis is much more than just breaking down Recursion Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recursion Pharmaceuticals is a good investment. Please check the relationship between Recursion Pharmaceuticals Short Term Debt and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recursion Pharmaceuticals. 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 Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.

Short Term Debt vs Current Deferred Revenue

Short Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recursion Pharmaceuticals Short Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Recursion Pharmaceuticals' Short Term Debt and Current Deferred Revenue is 0.95. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Recursion Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Recursion Pharmaceuticals' Short Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Recursion Pharmaceuticals are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Debt i.e., Recursion Pharmaceuticals' Short Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Debt

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.
Most indicators from Recursion Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recursion Pharmaceuticals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recursion Pharmaceuticals. 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 Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.At this time, Recursion Pharmaceuticals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 64.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.4M11.8M24.4M25.6M
Interest Income73K6.3M18.3M19.2M

Recursion Pharmaceuticals fundamental ratios Correlations

0.760.970.960.950.840.940.94-0.96-0.880.940.960.830.960.62-0.980.980.780.73-0.530.86-0.860.770.92-0.250.95
0.760.70.910.690.90.710.92-0.8-0.840.890.830.820.670.22-0.720.660.240.79-0.40.98-0.760.770.77-0.110.69
0.970.70.910.90.830.90.88-0.9-0.890.860.890.850.910.47-0.940.930.770.8-0.450.8-0.890.810.89-0.180.89
0.960.910.910.90.910.90.99-0.95-0.910.980.970.870.90.5-0.930.910.60.79-0.510.97-0.870.810.91-0.210.9
0.950.690.90.90.740.970.91-0.85-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.541.0
0.840.90.830.910.740.840.91-0.89-0.970.880.880.970.740.18-0.850.770.420.9-0.360.91-0.930.940.9-0.090.74
0.940.710.90.90.970.840.91-0.86-0.910.920.850.90.960.54-0.990.910.820.79-0.730.82-0.930.850.99-0.510.97
0.940.920.880.990.910.910.91-0.91-0.910.990.930.880.90.49-0.920.870.60.81-0.590.98-0.880.820.92-0.30.91
-0.96-0.8-0.9-0.95-0.85-0.89-0.86-0.910.86-0.92-1.0-0.81-0.88-0.560.92-0.96-0.62-0.670.35-0.870.81-0.74-0.860.05-0.84
-0.88-0.84-0.89-0.91-0.82-0.97-0.91-0.910.86-0.88-0.85-0.99-0.82-0.220.9-0.8-0.56-0.950.49-0.890.99-0.98-0.960.24-0.82
0.940.890.860.980.940.880.920.99-0.92-0.880.930.850.930.57-0.940.890.640.75-0.640.96-0.850.780.93-0.370.94
0.960.830.890.970.850.880.850.93-1.0-0.850.930.80.870.57-0.910.950.60.67-0.360.9-0.80.730.84-0.050.85
0.830.820.850.870.780.970.90.88-0.81-0.990.850.80.770.15-0.870.750.530.95-0.50.85-0.990.990.95-0.270.78
0.960.670.910.90.990.740.960.9-0.88-0.820.930.870.770.72-0.980.960.880.66-0.720.8-0.830.70.92-0.480.99
0.620.220.470.50.70.180.540.49-0.56-0.220.570.570.150.72-0.60.710.74-0.04-0.530.37-0.220.030.43-0.40.7
-0.98-0.72-0.94-0.93-0.97-0.85-0.99-0.920.920.9-0.94-0.91-0.87-0.98-0.6-0.96-0.83-0.760.65-0.840.91-0.81-0.970.41-0.97
0.980.660.930.910.920.770.910.87-0.96-0.80.890.950.750.960.71-0.960.820.6-0.490.78-0.790.670.87-0.220.92
0.780.240.770.60.860.420.820.6-0.62-0.560.640.60.530.880.74-0.830.820.42-0.690.43-0.630.470.73-0.570.86
0.730.790.80.790.680.90.790.81-0.67-0.950.750.670.950.66-0.04-0.760.60.42-0.440.81-0.950.970.86-0.230.68
-0.53-0.4-0.45-0.51-0.77-0.36-0.73-0.590.350.49-0.64-0.36-0.5-0.72-0.530.65-0.49-0.69-0.44-0.510.56-0.45-0.70.95-0.77
0.860.980.80.970.820.910.820.98-0.87-0.890.960.90.850.80.37-0.840.780.430.81-0.51-0.830.80.86-0.220.82
-0.86-0.76-0.89-0.87-0.83-0.93-0.93-0.880.810.99-0.85-0.8-0.99-0.83-0.220.91-0.79-0.63-0.950.56-0.83-0.98-0.970.33-0.83
0.770.770.810.810.710.940.850.82-0.74-0.980.780.730.990.70.03-0.810.670.470.97-0.450.8-0.980.91-0.240.71
0.920.770.890.910.930.90.990.92-0.86-0.960.930.840.950.920.43-0.970.870.730.86-0.70.86-0.970.91-0.470.93
-0.25-0.11-0.18-0.21-0.54-0.09-0.51-0.30.050.24-0.37-0.05-0.27-0.48-0.40.41-0.22-0.57-0.230.95-0.220.33-0.24-0.47-0.54
0.950.690.890.91.00.740.970.91-0.84-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.54
Click cells to compare fundamentals

Recursion Pharmaceuticals Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Recursion Stock Analysis

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