Cryoport Intangible Assets vs Total Current Liabilities Analysis

CYRX Stock  USD 7.56  0.64  7.80%   
Cryoport financial indicator trend analysis is way more than just evaluating Cryoport prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cryoport is a good investment. Please check the relationship between Cryoport Intangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. 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.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cryoport Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cryoport's Intangible Assets and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Cryoport, assuming nothing else is changed. The correlation between historical values of Cryoport's Intangible Assets 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 Intangible Assets of Cryoport 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 Intangible Assets i.e., Cryoport's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Cryoport balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cryoport 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 Cryoport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cryoport 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 Cryoport. 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.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.At this time, Cryoport's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 348.5 M in 2025, whereas Tax Provision is likely to drop slightly above 916 K in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense6.1M5.5M4.1M4.3M
Depreciation And Amortization22.8M27.5M30.8M32.3M

Cryoport fundamental ratios Correlations

0.880.830.820.870.90.870.3-0.880.9-0.110.880.810.920.50.820.870.850.920.850.810.840.70.820.690.85
0.880.990.760.880.990.870.39-0.870.97-0.160.970.960.960.580.980.940.940.960.990.770.980.660.930.730.87
0.830.990.730.840.960.850.38-0.860.92-0.150.930.980.920.571.00.940.880.941.00.750.990.620.890.70.85
0.820.760.730.960.760.970.32-0.950.85-0.160.810.640.90.470.710.870.790.90.750.980.690.940.690.550.93
0.870.880.840.960.890.980.35-0.960.95-0.170.920.760.980.540.830.940.910.960.860.950.810.920.830.620.97
0.90.990.960.760.890.850.38-0.850.97-0.170.980.940.960.580.960.920.960.950.970.750.960.660.940.740.86
0.870.870.850.970.980.850.35-0.990.92-0.160.890.760.960.530.830.960.840.960.870.980.810.90.780.630.98
0.30.390.380.320.350.380.35-0.320.37-0.970.380.360.380.290.380.380.350.360.380.320.370.280.360.370.36
-0.88-0.87-0.86-0.95-0.96-0.85-0.99-0.32-0.890.12-0.86-0.8-0.94-0.52-0.85-0.95-0.82-0.97-0.88-0.96-0.84-0.88-0.75-0.61-0.95
0.90.970.920.850.950.970.920.37-0.89-0.161.00.860.990.560.920.950.970.970.940.840.90.770.950.70.93
-0.11-0.16-0.15-0.16-0.17-0.17-0.16-0.970.12-0.16-0.17-0.14-0.17-0.17-0.15-0.16-0.16-0.15-0.15-0.15-0.15-0.14-0.16-0.22-0.17
0.880.970.930.810.920.980.890.38-0.861.0-0.170.860.980.560.920.940.960.950.940.810.90.710.970.710.91
0.810.960.980.640.760.940.760.36-0.80.86-0.140.860.860.550.980.870.860.90.970.651.00.530.830.70.74
0.920.960.920.90.980.960.960.38-0.940.99-0.170.980.860.570.910.970.940.990.940.90.890.830.90.690.96
0.50.580.570.470.540.580.530.29-0.520.56-0.170.560.550.570.570.560.540.560.570.480.560.460.580.60.53
0.820.981.00.710.830.960.830.38-0.850.92-0.150.920.980.910.570.940.880.931.00.730.990.590.890.70.84
0.870.940.940.870.940.920.960.38-0.950.95-0.160.940.870.970.560.940.850.970.960.90.90.780.860.670.97
0.850.940.880.790.910.960.840.35-0.820.97-0.160.960.860.940.540.880.850.920.90.740.880.720.930.680.83
0.920.960.940.90.960.950.960.36-0.970.97-0.150.950.90.990.560.930.970.920.960.90.930.820.870.690.95
0.850.991.00.750.860.970.870.38-0.880.94-0.150.940.970.940.571.00.960.90.960.770.980.650.90.70.87
0.810.770.750.980.950.750.980.32-0.960.84-0.150.810.650.90.480.730.90.740.90.770.70.910.680.560.96
0.840.980.990.690.810.960.810.37-0.840.9-0.150.91.00.890.560.990.90.880.930.980.70.590.860.710.79
0.70.660.620.940.920.660.90.28-0.880.77-0.140.710.530.830.460.590.780.720.820.650.910.590.570.420.87
0.820.930.890.690.830.940.780.36-0.750.95-0.160.970.830.90.580.890.860.930.870.90.680.860.570.720.82
0.690.730.70.550.620.740.630.37-0.610.7-0.220.710.70.690.60.70.670.680.690.70.560.710.420.720.64
0.850.870.850.930.970.860.980.36-0.950.93-0.170.910.740.960.530.840.970.830.950.870.960.790.870.820.64
Click cells to compare fundamentals

Cryoport Account Relationship Matchups

Cryoport fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding38.6M45.9M49.0M48.7M49.4M51.8M
Total Assets552.4M1.1B1.0B957.7M703.5M738.7M
Short Long Term Debt Total130.9M427.1M435.9M416.0M250.7M263.2M
Other Current Liab5.7M7.2M5.6M12.4M16.9M17.8M
Total Current Liabilities35.0M42.6M40.9M45.6M64.6M67.8M
Total Stockholder Equity382.7M641.8M555.8M489.0M401.9M422.0M
Property Plant And Equipment Net44.1M69.7M90.5M117.5M136.0M142.8M
Net Debt94.0M288.0M399.3M369.7M205.4M215.7M
Retained Earnings(192.0M)(467.5M)(542.8M)(642.4M)(757.2M)(719.3M)
Accounts Payable24.3M27.7M27.0M26.1M26.2M27.5M
Cash36.9M139.1M36.6M46.3M45.3M43.0M
Non Current Assets Total405.2M419.5M434.6M422.6M361.9M380.0M
Cash And Short Term Investments93.3M628.8M523.3M456.8M261.7M274.8M
Net Receivables31.4M39.4M43.9M42.1M45.8M48.1M
Common Stock Total Equity30.3K37.3K40K50K57.5K35.5K
Liabilities And Stockholders Equity552.4M1.1B1.0B957.7M703.5M738.7M
Non Current Liabilities Total134.7M428.5M442.1M423.1M237.0M248.9M
Inventory10.5M16.5M27.7M26.2M22.5M23.6M
Other Current Assets11.9M17.6M9.3M10.1M11.6M12.2M
Other Stockholder Equity566.5M1.1B1.1B1.1B1.1B1.2B
Total Liab169.7M471.1M482.9M468.7M301.6M316.7M
Property Plant And Equipment Gross44.1M49.0M90.5M154.1M181.9M191.0M
Total Current Assets147.2M693.5M604.2M535.1M341.6M358.6M
Accumulated Other Comprehensive Income5.4M(1.2M)(34.5M)(26.1M)(20.9M)(19.9M)
Short Term Debt4.6M7.2M7.8M5.8M20.3M21.4M
Intangible Assets213.9M201.4M191.0M194.4M170.5M86.1M
Common Stock37.3K40K50K48K49K31.9K
Other Liab21K6.1M5.0M10.1M11.6M12.1M
Non Currrent Assets Other2.0M1.4M1.0M1.7M2.9M3.0M
Other Assets16.0M1.4M2.0M1.01.151.09
Short Term Investments56.4M489.7M486.7M410.4M216.5M227.3M
Property Plant Equipment16.3M30.0M69.7M90.5M104.1M109.3M
Current Deferred Revenue445K547K439K1.3M1.1M1.2M
Good Will145.3M147.0M151.1M108.4M51.7M54.2M
Net Tangible Assets110.1M379.9M293.4M195.4M224.8M236.0M
Retained Earnings Total Equity(141.0M)(159.3M)(192.0M)(467.5M)(420.8M)(399.7M)
Capital Surpluse179.5M285.6M566.5M1.1B1.3B1.3B

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