Achilles Total Assets vs Non Currrent Assets Other Analysis

ACHL Stock  USD 1.05  0.02  1.94%   
Achilles Therapeutics financial indicator trend analysis is way more than just evaluating Achilles Therapeutics PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Achilles Therapeutics PLC is a good investment. Please check the relationship between Achilles Therapeutics Total Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Achilles Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Achilles Therapeutics PLC Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Achilles Therapeutics' Total Assets and Non Currrent Assets Other is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Achilles Therapeutics PLC, assuming nothing else is changed. The correlation between historical values of Achilles Therapeutics' Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Achilles Therapeutics PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Achilles Therapeutics' Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Achilles Therapeutics 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 Achilles Therapeutics PLC 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Achilles Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Achilles Therapeutics PLC 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 Achilles Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Achilles Therapeutics' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 1.36 this year, although the value of Issuance Of Capital Stock will most likely fall to 8,550.
 2021 2022 2023 2024 (projected)
Total Operating Expenses64.2M78.4M75.3M58.4M
Cost Of Revenue3.3M3.7M4.7M2.8M

Achilles Therapeutics fundamental ratios Correlations

0.680.63-0.970.70.720.950.750.540.590.470.420.440.51-0.77-0.270.410.520.620.410.720.75-0.860.050.420.04
0.680.98-0.830.960.940.830.980.960.980.910.890.890.95-0.17-0.840.880.950.980.880.970.97-0.420.720.890.64
0.630.98-0.80.910.90.810.970.980.960.910.850.90.92-0.08-0.870.890.920.950.890.940.91-0.40.680.850.64
-0.97-0.83-0.8-0.81-0.85-1.0-0.89-0.72-0.76-0.66-0.58-0.64-0.670.610.5-0.61-0.69-0.78-0.61-0.85-0.860.77-0.23-0.58-0.27
0.70.960.91-0.810.870.790.920.870.960.790.880.750.9-0.27-0.690.740.910.930.740.970.99-0.440.730.880.48
0.720.940.9-0.850.870.840.960.890.860.830.750.820.83-0.37-0.760.790.840.910.790.890.9-0.380.530.750.7
0.950.830.81-1.00.790.840.880.740.760.690.590.670.69-0.56-0.530.650.70.790.650.830.84-0.80.230.590.28
0.750.980.97-0.890.920.960.880.940.930.860.780.840.86-0.28-0.790.820.880.930.820.960.93-0.460.560.780.61
0.540.960.98-0.720.870.890.740.940.940.960.890.950.950.01-0.910.940.950.960.940.880.87-0.340.730.890.72
0.590.980.96-0.760.960.860.760.930.940.920.930.890.97-0.04-0.860.890.970.980.890.970.96-0.370.80.930.61
0.470.910.91-0.660.790.830.690.860.960.920.911.00.960.11-0.961.00.960.961.00.820.82-0.330.750.910.76
0.420.890.85-0.580.880.750.590.780.890.930.910.890.980.11-0.840.890.980.940.890.830.88-0.290.911.00.62
0.440.890.9-0.640.750.820.670.840.950.891.00.890.940.14-0.971.00.950.941.00.790.79-0.310.730.890.78
0.510.950.92-0.670.90.830.690.860.950.970.960.980.940.05-0.890.941.00.980.940.880.91-0.340.850.980.68
-0.77-0.17-0.080.61-0.27-0.37-0.56-0.280.01-0.040.110.110.140.05-0.310.180.03-0.10.18-0.24-0.310.590.390.110.26
-0.27-0.84-0.870.5-0.69-0.76-0.53-0.79-0.91-0.86-0.96-0.84-0.97-0.89-0.31-0.97-0.89-0.88-0.97-0.75-0.710.09-0.76-0.84-0.86
0.410.880.89-0.610.740.790.650.820.940.891.00.891.00.940.18-0.970.940.931.00.780.77-0.30.740.890.77
0.520.950.92-0.690.910.840.70.880.950.970.960.980.951.00.03-0.890.940.990.940.890.92-0.350.840.980.68
0.620.980.95-0.780.930.910.790.930.960.980.960.940.940.98-0.1-0.880.930.990.930.940.95-0.40.760.940.68
0.410.880.89-0.610.740.790.650.820.940.891.00.891.00.940.18-0.971.00.940.930.780.77-0.30.740.890.77
0.720.970.94-0.850.970.890.830.960.880.970.820.830.790.88-0.24-0.750.780.890.940.780.97-0.430.660.830.53
0.750.970.91-0.860.990.90.840.930.870.960.820.880.790.91-0.31-0.710.770.920.950.770.97-0.490.690.880.5
-0.86-0.42-0.40.77-0.44-0.38-0.8-0.46-0.34-0.37-0.33-0.29-0.31-0.340.590.09-0.3-0.35-0.4-0.3-0.43-0.490.11-0.290.27
0.050.720.68-0.230.730.530.230.560.730.80.750.910.730.850.39-0.760.740.840.760.740.660.690.110.910.64
0.420.890.85-0.580.880.750.590.780.890.930.911.00.890.980.11-0.840.890.980.940.890.830.88-0.290.910.62
0.040.640.64-0.270.480.70.280.610.720.610.760.620.780.680.26-0.860.770.680.680.770.530.50.270.640.62
Click cells to compare fundamentals

Achilles Therapeutics Account Relationship Matchups

Achilles Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab681K1.4M1.3M8.6M13.5M14.1M
Total Current Liabilities3.9M16.6M19.1M18.0M17.0M13.9M
Net Tangible Assets101.3M189.2M289.5M197.0M226.6M173.7M
Retained Earnings(24.8M)(58.0M)(119.1M)(190.3M)(260.0M)(247.0M)
Accounts Payable902K6.3M3.7M5.2M5.6M4.0M
Net Receivables4.5M7.3M11.2M16.0M10.4M9.5M
Other Current Assets477K851K2.1M2.6M3.7M3.9M
Other Stockholder Equity118.0M234.9M401.9M409.0M415.2M289.4M
Total Current Assets103.1M187.8M284.7M196.6M145.6M170.7M
Property Plant Equipment2.1M28.1M28.8M20.5M23.6M17.6M

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When determining whether Achilles Therapeutics PLC is a strong investment it is important to analyze Achilles Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Achilles Therapeutics' future performance. For an informed investment choice regarding Achilles Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Achilles Therapeutics PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Achilles Therapeutics. If investors know Achilles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Achilles Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.59)
Return On Assets
(0.27)
Return On Equity
(0.44)
The market value of Achilles Therapeutics PLC is measured differently than its book value, which is the value of Achilles that is recorded on the company's balance sheet. Investors also form their own opinion of Achilles Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Achilles Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Achilles Therapeutics' market value can be influenced by many factors that don't directly affect Achilles Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Achilles Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Achilles Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Achilles Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.