Axonics Long Term Debt vs Deferred Long Term Liab Analysis

AXNX Stock  USD 70.28  0.01  0.01%   
Axonics Modulation financial indicator trend analysis is way more than just evaluating Axonics Modulation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axonics Modulation is a good investment. Please check the relationship between Axonics Modulation Long Term Debt and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axonics Modulation 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 board of governors.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axonics Modulation Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Axonics Modulation's Long Term Debt and Deferred Long Term Liab is -0.6. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Axonics Modulation Technologies, assuming nothing else is changed. The correlation between historical values of Axonics Modulation's Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Axonics Modulation Technologies are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Axonics Modulation's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Axonics Modulation has held for over one year. Long-term debt appears on Axonics Modulation Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Axonics Modulation Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Axonics Modulation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axonics Modulation 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 Axonics Modulation 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 board of governors.
At this time, Axonics Modulation's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 360.35 in 2024, whereas Selling General Administrative is likely to drop slightly above 25 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization10.1M12.7M13.4M14.1M
Interest Income40K5.1M16.2M17.0M

Axonics Modulation fundamental ratios Correlations

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0.640.350.60.660.880.770.53-0.64-0.640.730.730.370.630.370.880.780.790.50.89-0.830.650.650.780.660.12
0.870.350.920.80.410.770.45-0.73-0.840.620.720.760.610.170.640.850.770.830.62-0.470.80.550.790.870.83
0.920.60.920.860.580.870.55-0.82-0.90.770.840.730.730.390.770.930.880.90.75-0.660.860.680.890.920.78
0.940.660.80.860.640.980.81-0.71-0.990.930.80.930.610.290.90.930.920.860.79-0.61.00.910.940.940.69
0.670.880.410.580.640.710.28-0.83-0.640.550.860.410.860.570.890.770.840.50.95-0.80.610.470.780.70.09
0.920.770.770.870.980.710.8-0.74-0.970.950.830.850.650.30.950.950.930.830.85-0.710.980.90.950.930.62
0.660.530.450.550.810.280.8-0.21-0.760.930.360.790.09-0.050.650.630.60.620.46-0.310.830.970.680.650.56
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-0.96-0.64-0.84-0.9-0.99-0.64-0.97-0.760.77-0.92-0.83-0.92-0.66-0.34-0.89-0.94-0.93-0.92-0.790.59-0.99-0.87-0.95-0.97-0.75
0.830.730.620.770.930.550.950.93-0.54-0.920.670.830.430.210.850.840.810.790.69-0.570.950.980.860.830.62
0.810.730.720.840.80.860.830.36-0.98-0.830.670.610.950.630.880.880.880.760.87-0.80.780.550.840.830.45
0.880.370.760.730.930.410.850.79-0.55-0.920.830.610.430.210.720.770.790.830.58-0.30.940.850.820.870.78
0.690.630.610.730.610.860.650.09-0.98-0.660.430.950.430.760.750.750.790.640.81-0.740.580.310.720.720.32
0.360.370.170.390.290.570.3-0.05-0.67-0.340.210.630.210.760.370.340.460.440.42-0.420.270.130.370.380.14
0.860.880.640.770.90.890.950.65-0.8-0.890.850.880.720.750.370.930.940.70.95-0.80.890.790.930.870.39
0.970.780.850.930.930.770.950.63-0.83-0.940.840.880.770.750.340.930.980.850.92-0.720.920.760.980.970.65
0.970.790.770.880.920.840.930.6-0.85-0.930.810.880.790.790.460.940.980.840.94-0.690.90.750.990.970.59
0.920.50.830.90.860.50.830.62-0.75-0.920.790.760.830.640.440.70.850.840.65-0.440.870.730.870.920.83
0.840.890.620.750.790.950.850.46-0.83-0.790.690.870.580.810.420.950.920.940.65-0.790.770.620.910.850.32
-0.55-0.83-0.47-0.66-0.6-0.8-0.71-0.310.740.59-0.57-0.8-0.3-0.74-0.42-0.8-0.72-0.69-0.44-0.79-0.58-0.47-0.65-0.58-0.05
0.940.650.80.861.00.610.980.83-0.69-0.990.950.780.940.580.270.890.920.90.870.77-0.580.920.930.940.71
0.780.650.550.680.910.470.90.97-0.42-0.870.980.550.850.310.130.790.760.750.730.62-0.470.920.810.780.59
0.980.780.790.890.940.780.950.68-0.79-0.950.860.840.820.720.370.930.980.990.870.91-0.650.930.810.980.65
1.00.660.870.920.940.70.930.65-0.8-0.970.830.830.870.720.380.870.970.970.920.85-0.580.940.780.980.74
0.760.120.830.780.690.090.620.56-0.46-0.750.620.450.780.320.140.390.650.590.830.32-0.050.710.590.650.74
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Axonics Modulation Account Relationship Matchups

Axonics Modulation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets219.8M342.2M547.9M659.4M719.9M371.4M
Short Long Term Debt Total25.4M31.5M10.4M9.1M27.6M17.6M
Other Current Liab5.5M12.6M17.8M54.6M25.6M16.4M
Total Current Liabilities12.0M45.7M26.9M65.2M45.8M28.2M
Total Stockholder Equity183.0M287.4M482.4M570.1M637.6M669.4M
Net Tangible Assets182.7M287.2M270.5M389.5M447.9M470.3M
Property Plant And Equipment Net3.0M6.3M6.9M6.8M33.3M34.9M
Net Debt(145.7M)(209.6M)(210.5M)(229.7M)(77.2M)(81.1M)
Retained Earnings(179.6M)(234.5M)(314.6M)(374.3M)(380.4M)(361.3M)
Accounts Payable5.9M10.7M7.7M9.1M18.5M19.4M
Cash171.1M241.2M220.9M238.8M104.8M152.3M
Non Current Assets Total8.1M14.3M226.6M194.3M228.5M239.9M
Non Currrent Assets Other4.8M7.7M7.7M6.8M1.7M1.6M
Other Assets584K7.7M7.7M613K1.00.95
Cash And Short Term Investments183.7M241.2M220.9M357.2M345.0M211.5M
Common Stock Shares Outstanding28.6M37.0M43.1M46.7M49.1M34.2M
Liabilities And Stockholders Equity219.8M342.2M547.9M659.4M719.9M371.4M
Non Current Liabilities Total24.8M9.2M38.6M24.0M36.5M26.4M
Capital Surpluse363.0M522.3M803.6M969.5M1.1B1.2B
Capital Lease Obligations5.1M10.4M10.4M9.1M27.6M29.0M
Inventory15.7M63.1M64.9M55.8M79.9M83.9M
Other Current Assets4.5M5.4M6.4M7.3M9.3M5.2M
Other Stockholder Equity363.0M522.3M803.6M969.5M1.0B541.4M
Total Liab36.8M54.8M65.5M89.2M82.4M64.5M
Property Plant And Equipment Gross3.0M6.3M12.5M14.3M21.6M22.7M
Total Current Assets211.7M327.9M321.3M465.1M491.4M277.5M
Accumulated Other Comprehensive Income(428K)(431K)(6.6M)(25.1M)(15.9M)(15.1M)
Intangible Assets311K196K106.5M86.3M81.4M85.4M
Property Plant Equipment7.2M6.3M6.9M6.8M7.8M5.7M
Net Receivables7.9M18.3M29.0M44.8M57.2M60.1M
Net Invested Capital203.3M308.5M482.4M602.7M637.6M366.3M
Net Working Capital199.6M282.3M294.4M399.8M445.6M283.8M

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