GeneDx Capital Lease Obligations vs Total Current Liabilities Analysis

WGSWW Stock   0.24  0.01  5.00%   
GeneDx Holdings financial indicator trend analysis is much more than just examining GeneDx Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeneDx Holdings Corp is a good investment. Please check the relationship between GeneDx Holdings Capital Lease Obligations and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in GeneDx Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Capital Lease Obligations vs Total Current Liabilities

JavaScript chart by amCharts 3.21.152016201820202022202425M30M35M40M45M50M55M60M 55M60M65M70M75M80M85M90M95M100M105M110M115M120M125M130M135M140M
JavaScript chart by amCharts 3.21.15Capital Lease Obligationstotal: 442.3MTotal Current Liabilitiestotal: 942.5M

Capital Lease Obligations vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GeneDx Holdings Corp Capital Lease Obligations account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
Capital Lease ObligationsTotal Current LiabilitiesDiversified AwayCapital Lease ObligationsTotal Current LiabilitiesDiversified Away100%
The correlation between GeneDx Holdings' Capital Lease Obligations and Total Current Liabilities is 0.16. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of GeneDx Holdings Corp, assuming nothing else is changed. The correlation between historical values of GeneDx Holdings' Capital Lease Obligations and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of GeneDx Holdings Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Capital Lease Obligations i.e., GeneDx Holdings' Capital Lease Obligations and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Lease Obligations

GeneDx Holdings Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to GeneDx Holdings asset purchases. For example, GeneDx Holdings can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as GeneDx Holdings control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Total Current Liabilities

Total Current Liabilities is an item on GeneDx Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GeneDx Holdings Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from GeneDx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeneDx Holdings Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in GeneDx Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, GeneDx Holdings' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 69.1 M in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (83.73).
 2022 2024 2025 (projected)
Depreciation And Amortization63.0M38.8M31.3M
Interest Income2.5M2.9M3.1M

GeneDx Holdings fundamental ratios Correlations

0.550.750.33-0.310.6-0.4-0.750.46-0.89-0.77-0.240.780.330.82-0.060.51-0.60.82-0.86-0.060.74-0.660.620.6-0.55
0.550.540.770.390.990.07-0.95-0.32-0.820.00.560.720.020.280.660.32-0.980.71-0.470.790.93-0.970.980.670.31
0.750.540.35-0.080.55-0.05-0.70.52-0.79-0.51-0.270.90.440.7-0.140.47-0.540.85-0.880.040.71-0.560.570.29-0.34
0.330.770.350.780.750.56-0.76-0.12-0.660.30.270.69-0.57-0.120.30.73-0.790.68-0.460.710.73-0.730.730.120.53
-0.310.39-0.080.780.340.87-0.26-0.37-0.070.810.380.21-0.75-0.650.30.39-0.370.160.070.740.23-0.270.31-0.330.9
0.60.990.550.750.340.06-0.96-0.28-0.85-0.050.50.750.030.370.630.34-1.00.76-0.530.740.96-0.991.00.690.26
-0.40.07-0.050.560.870.06-0.03-0.070.090.760.010.18-0.72-0.57-0.070.44-0.090.130.00.410.040.00.04-0.650.75
-0.75-0.95-0.7-0.76-0.26-0.96-0.030.020.950.23-0.27-0.88-0.04-0.49-0.42-0.520.97-0.890.72-0.57-0.990.98-0.97-0.64-0.08
0.46-0.320.52-0.12-0.37-0.28-0.070.02-0.25-0.64-0.960.40.130.48-0.90.560.250.41-0.66-0.74-0.010.22-0.25-0.33-0.71
-0.89-0.82-0.79-0.66-0.07-0.850.090.95-0.250.470.0-0.93-0.11-0.64-0.16-0.640.86-0.950.87-0.31-0.950.88-0.86-0.590.18
-0.770.0-0.510.30.81-0.050.760.23-0.640.470.52-0.34-0.61-0.870.38-0.150.05-0.390.590.6-0.230.14-0.09-0.450.95
-0.240.56-0.270.270.380.50.01-0.27-0.960.00.52-0.16-0.02-0.320.98-0.46-0.47-0.180.460.840.25-0.450.480.510.66
0.780.720.90.690.210.750.18-0.880.4-0.93-0.34-0.160.060.57-0.020.72-0.760.99-0.930.270.89-0.770.760.3-0.1
0.330.020.44-0.57-0.750.03-0.72-0.040.13-0.11-0.61-0.020.060.680.06-0.530.040.03-0.15-0.290.08-0.040.060.49-0.61
0.820.280.7-0.12-0.650.37-0.57-0.490.48-0.64-0.87-0.320.570.68-0.130.14-0.340.62-0.73-0.310.54-0.430.410.58-0.74
-0.060.66-0.140.30.30.63-0.07-0.42-0.9-0.160.380.98-0.020.06-0.13-0.39-0.6-0.030.310.840.41-0.590.620.650.56
0.510.320.470.730.390.340.44-0.520.56-0.64-0.15-0.460.72-0.530.14-0.39-0.410.75-0.750.040.5-0.380.35-0.18-0.02
-0.6-0.98-0.54-0.79-0.37-1.0-0.090.970.250.860.05-0.47-0.760.04-0.34-0.6-0.41-0.770.55-0.73-0.960.99-0.99-0.66-0.27
0.820.710.850.680.160.760.13-0.890.41-0.95-0.39-0.180.990.030.62-0.030.75-0.77-0.950.230.9-0.780.770.35-0.15
-0.86-0.47-0.88-0.460.07-0.530.00.72-0.660.870.590.46-0.93-0.15-0.730.31-0.750.55-0.950.08-0.740.58-0.55-0.230.42
-0.060.790.040.710.740.740.41-0.57-0.74-0.310.60.840.27-0.29-0.310.840.04-0.730.230.080.55-0.670.710.340.81
0.740.930.710.730.230.960.04-0.99-0.01-0.95-0.230.250.890.080.540.410.5-0.960.9-0.740.55-0.970.970.630.07
-0.66-0.97-0.56-0.73-0.27-0.990.00.980.220.880.14-0.45-0.77-0.04-0.43-0.59-0.380.99-0.780.58-0.67-0.97-1.0-0.72-0.18
0.620.980.570.730.311.00.04-0.97-0.25-0.86-0.090.480.760.060.410.620.35-0.990.77-0.550.710.97-1.00.70.22
0.60.670.290.12-0.330.69-0.65-0.64-0.33-0.59-0.450.510.30.490.580.65-0.18-0.660.35-0.230.340.63-0.720.7-0.22
-0.550.31-0.340.530.90.260.75-0.08-0.710.180.950.66-0.1-0.61-0.740.56-0.02-0.27-0.150.420.810.07-0.180.22-0.22
Click cells to compare fundamentals

GeneDx Holdings Account Relationship Matchups

GeneDx Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding155.483.3M10.2M24.3M26.9M28.2M

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