Adicet Net Debt vs Common Stock Shares Outstanding Analysis

ACET Stock  USD 1.45  0.03  2.03%   
Adicet Bio financial indicator trend analysis is way more than just evaluating Adicet Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adicet Bio is a good investment. Please check the relationship between Adicet Bio Net Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adicet Bio Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Adicet Bio's Net Debt and Common Stock Shares Outstanding is -0.42. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Adicet Bio, assuming nothing else is changed. The correlation between historical values of Adicet Bio's Net Debt and Common Stock Shares Outstanding 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 Debt of Adicet Bio are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Adicet Bio's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Adicet Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adicet Bio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adicet Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Adicet Stock please use our How to Invest in Adicet Bio guide.At this time, Adicet Bio's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 0.00 in 2024, despite the fact that Enterprise Value is likely to grow to (54.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense176K80K25K23.8K
Depreciation And Amortization4.1M5.0M6.1M5.2M

Adicet Bio fundamental ratios Correlations

-0.130.880.810.410.1-0.47-0.160.490.720.140.93-0.01-0.090.19-0.47-0.270.390.130.040.760.96-0.030.690.290.43
-0.13-0.090.020.12-0.46-0.310.80.270.0-0.260.01-0.330.96-0.1-0.130.840.65-0.12-0.230.11-0.220.940.00.82-0.88
0.88-0.090.950.69-0.14-0.560.110.620.88-0.260.91-0.4-0.090.02-0.35-0.290.520.240.130.880.780.020.860.370.43
0.810.020.950.69-0.34-0.60.270.790.97-0.390.86-0.550.04-0.15-0.38-0.150.680.36-0.070.90.70.140.960.510.32
0.410.120.690.69-0.38-0.510.440.50.69-0.640.53-0.720.11-0.01-0.12-0.10.590.310.460.590.290.240.70.50.09
0.1-0.46-0.14-0.34-0.380.11-0.82-0.78-0.430.79-0.030.72-0.440.52-0.4-0.35-0.59-0.320.5-0.380.19-0.44-0.45-0.560.27
-0.47-0.31-0.56-0.6-0.510.11-0.24-0.41-0.640.08-0.430.31-0.37-0.290.630.06-0.77-0.3-0.2-0.37-0.47-0.49-0.64-0.630.24
-0.160.80.110.270.44-0.82-0.240.590.3-0.770.08-0.780.75-0.420.140.670.720.07-0.280.35-0.310.770.310.78-0.6
0.490.270.620.790.5-0.78-0.410.590.84-0.590.57-0.670.3-0.45-0.060.170.770.39-0.520.750.380.350.850.650.03
0.720.00.880.970.69-0.43-0.640.30.84-0.440.75-0.60.03-0.18-0.35-0.180.710.51-0.110.830.630.140.990.510.29
0.14-0.26-0.26-0.39-0.640.790.08-0.77-0.59-0.44-0.110.94-0.20.58-0.35-0.2-0.46-0.220.09-0.410.31-0.26-0.46-0.390.07
0.930.010.910.860.53-0.03-0.430.080.570.75-0.11-0.270.03-0.02-0.43-0.070.48-0.010.010.860.80.10.730.390.35
-0.01-0.33-0.4-0.55-0.720.720.31-0.78-0.67-0.60.94-0.27-0.280.58-0.02-0.27-0.64-0.310.07-0.530.17-0.37-0.63-0.540.11
-0.090.96-0.090.040.11-0.44-0.370.750.30.03-0.20.03-0.28-0.04-0.140.830.7-0.15-0.240.03-0.160.990.030.85-0.91
0.19-0.10.02-0.15-0.010.52-0.29-0.42-0.45-0.180.58-0.020.58-0.04-0.12-0.39-0.13-0.140.57-0.260.33-0.03-0.2-0.09-0.05
-0.47-0.13-0.35-0.38-0.12-0.40.630.14-0.06-0.35-0.35-0.43-0.02-0.14-0.12-0.11-0.39-0.19-0.13-0.24-0.46-0.23-0.35-0.320.08
-0.270.84-0.29-0.15-0.1-0.350.060.670.17-0.18-0.2-0.07-0.270.83-0.39-0.110.41-0.18-0.39-0.04-0.380.78-0.170.62-0.78
0.390.650.520.680.59-0.59-0.770.720.770.71-0.460.48-0.640.7-0.13-0.390.410.31-0.180.550.280.780.720.94-0.45
0.13-0.120.240.360.31-0.32-0.30.070.390.51-0.22-0.01-0.31-0.15-0.14-0.19-0.180.31-0.060.20.22-0.080.490.20.15
0.04-0.230.13-0.070.460.5-0.2-0.28-0.52-0.110.090.010.07-0.240.57-0.13-0.39-0.18-0.06-0.170.06-0.16-0.12-0.180.12
0.760.110.880.90.59-0.38-0.370.350.750.83-0.410.86-0.530.03-0.26-0.24-0.040.550.2-0.170.610.10.820.430.35
0.96-0.220.780.70.290.19-0.47-0.310.380.630.310.80.17-0.160.33-0.46-0.380.280.220.060.61-0.120.610.190.44
-0.030.940.020.140.24-0.44-0.490.770.350.14-0.260.1-0.370.99-0.03-0.230.780.78-0.08-0.160.1-0.120.140.9-0.88
0.690.00.860.960.7-0.45-0.640.310.850.99-0.460.73-0.630.03-0.2-0.35-0.170.720.49-0.120.820.610.140.510.29
0.290.820.370.510.5-0.56-0.630.780.650.51-0.390.39-0.540.85-0.09-0.320.620.940.2-0.180.430.190.90.51-0.63
0.43-0.880.430.320.090.270.24-0.60.030.290.070.350.11-0.91-0.050.08-0.78-0.450.150.120.350.44-0.880.29-0.63
Click cells to compare fundamentals

Adicet Bio Account Relationship Matchups

Adicet Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.6M153.8M338.9M330.7M207.3M215.3M
Short Long Term Debt Total114.1M21.6M20.9M21.0M20.9M19.9M
Other Current Liab2.8M(2.8M)6.7M12.8M13.4M18.3M
Total Current Liabilities14.9M14.0M16.3M19.7M19.3M18.3M
Total Stockholder Equity(60.4M)(106.3M)(168.3M)(238.1M)170.2M178.7M
Property Plant And Equipment Net2.1M25.9M35.0M49.0M44.2M46.4M
Net Debt103.5M(62.7M)(256.6M)(236.6M)(138.8M)(131.8M)
Retained Earnings(69.6M)(106.3M)(168.3M)(238.1M)(380.8M)(361.7M)
Accounts Payable1.1M1.6M3.3M4.4M2.6M2.5M
Cash10.6M84.3M277.5M257.7M159.7M83.6M
Non Current Assets Total17.4M59.2M56.5M69.7M45.0M58.4M
Cash And Short Term Investments62.4M94.6M277.5M257.7M159.7M95.6M
Common Stock Shares Outstanding15.0M7.3M31.0M41.1M43.0M28.0M
Liabilities And Stockholders Equity81.6M153.8M(132.5M)(199.8M)207.3M165.2M
Non Current Liabilities Total127.1M246.2M19.5M18.6M17.8M16.9M
Other Current Assets179K363K2K380K2.6M2.4M
Other Stockholder Equity137.6M(106.7M)(153.9M)(4K)550.9M578.5M
Total Liab142.0M44.0M35.8M38.4M37.1M35.3M
Total Current Assets64.2M94.6M282.4M261.0M162.3M156.9M
Accumulated Other Comprehensive Income(5.1M)(41K)23K24K(338.9M)0.0
Common Stock1K3K4K2K3.6K3.4K
Non Currrent Assets Other4.7M12.1M2.0M1.2M822.0K863.1K

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 Adicet Stock Analysis

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