Agenus Intangible Assets vs Total Assets Analysis

AGEN Stock  USD 10.86  0.36  3.43%   
Agenus financial indicator trend analysis is way more than just evaluating Agenus Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agenus Inc is a good investment. Please check the relationship between Agenus Intangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agenus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agenus Inc Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Agenus' Intangible Assets and Total Assets is 0.11. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Agenus Inc, assuming nothing else is changed. The correlation between historical values of Agenus' Intangible Assets and Total Assets 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 Agenus Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Agenus' Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

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

Total Assets

Total assets refers to the total amount of Agenus 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 Agenus Inc 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.
Most indicators from Agenus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agenus Inc 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 Agenus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Agenus' Selling General Administrative is very stable compared to the past year. As of the 19th of May 2024, Issuance Of Capital Stock is likely to grow to about 136.4 M, while Sales General And Administrative To Revenue is likely to drop 0.48.

Agenus fundamental ratios Correlations

0.490.780.81-0.160.83-0.05-0.80.780.850.880.850.86-0.210.840.70.590.620.840.830.890.39-0.210.720.24-0.08
0.490.020.74-0.330.730.83-0.650.810.070.750.330.08-0.190.770.140.890.380.550.730.130.93-0.180.39-0.120.17
0.780.020.61-0.390.59-0.38-0.70.480.710.640.70.72-0.240.590.90.190.70.810.560.76-0.04-0.240.770.44-0.22
0.810.740.61-0.570.960.42-0.940.970.40.960.70.42-0.220.990.60.880.650.920.940.480.76-0.210.870.25-0.28
-0.16-0.33-0.39-0.57-0.39-0.410.64-0.460.22-0.44-0.10.210.31-0.5-0.6-0.41-0.58-0.66-0.320.13-0.40.31-0.71-0.270.21
0.830.730.590.96-0.390.4-0.880.970.430.980.680.45-0.160.970.490.870.570.840.990.50.73-0.150.750.2-0.28
-0.050.83-0.380.42-0.410.4-0.320.51-0.50.37-0.15-0.49-0.10.42-0.20.690.110.180.38-0.440.85-0.090.1-0.240.13
-0.8-0.65-0.7-0.940.64-0.88-0.32-0.89-0.43-0.93-0.7-0.450.49-0.94-0.75-0.74-0.84-0.96-0.85-0.52-0.620.49-0.88-0.230.16
0.780.810.480.97-0.460.970.51-0.890.350.950.660.37-0.170.980.450.940.560.830.970.420.84-0.170.780.15-0.29
0.850.070.710.40.220.43-0.5-0.430.350.50.781.0-0.120.440.590.140.410.530.450.99-0.07-0.120.420.240.05
0.880.750.640.96-0.440.980.37-0.930.950.50.690.52-0.240.980.610.830.670.90.960.570.7-0.240.780.16-0.13
0.850.330.70.7-0.10.68-0.15-0.70.660.780.690.79-0.220.710.570.510.580.690.710.810.33-0.220.660.38-0.28
0.860.080.720.420.210.45-0.49-0.450.371.00.520.79-0.120.460.580.160.410.540.480.99-0.05-0.120.440.240.03
-0.21-0.19-0.24-0.220.31-0.16-0.10.49-0.17-0.12-0.24-0.22-0.12-0.26-0.37-0.06-0.67-0.33-0.14-0.15-0.081.0-0.260.13-0.21
0.840.770.590.99-0.50.970.42-0.940.980.440.980.710.46-0.260.580.890.660.90.960.510.77-0.260.830.2-0.23
0.70.140.90.6-0.60.49-0.2-0.750.450.590.610.570.58-0.370.580.210.830.850.450.650.04-0.370.790.360.0
0.590.890.190.88-0.410.870.69-0.740.940.140.830.510.16-0.060.890.210.380.660.870.210.96-0.050.630.11-0.28
0.620.380.70.65-0.580.570.11-0.840.560.410.670.580.41-0.670.660.830.380.780.540.480.29-0.670.690.190.05
0.840.550.810.92-0.660.840.18-0.960.830.530.90.690.54-0.330.90.850.660.780.80.610.51-0.320.940.33-0.16
0.830.730.560.94-0.320.990.38-0.850.970.450.960.710.48-0.140.960.450.870.540.80.520.74-0.140.720.17-0.29
0.890.130.760.480.130.5-0.44-0.520.420.990.570.810.99-0.150.510.650.210.480.610.520.0-0.150.50.230.03
0.390.93-0.040.76-0.40.730.85-0.620.84-0.070.70.33-0.05-0.080.770.040.960.290.510.740.0-0.080.47-0.04-0.16
-0.21-0.18-0.24-0.210.31-0.15-0.090.49-0.17-0.12-0.24-0.22-0.121.0-0.26-0.37-0.05-0.67-0.32-0.14-0.15-0.08-0.250.13-0.22
0.720.390.770.87-0.710.750.1-0.880.780.420.780.660.44-0.260.830.790.630.690.940.720.50.47-0.250.44-0.46
0.24-0.120.440.25-0.270.2-0.24-0.230.150.240.160.380.240.130.20.360.110.190.330.170.23-0.040.130.44-0.43
-0.080.17-0.22-0.280.21-0.280.130.16-0.290.05-0.13-0.280.03-0.21-0.230.0-0.280.05-0.16-0.290.03-0.16-0.22-0.46-0.43
Click cells to compare fundamentals

Agenus Account Relationship Matchups

Agenus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.3M214.5M466.0M413.6M313.9M329.6M
Short Long Term Debt Total23.4M55.7M58.3M78.4M350.2M367.8M
Other Current Liab77.5M92.9M110.7M133.2M48.7M28.4M
Total Current Liabilities122.2M129.9M156.9M189.0M255.9M268.7M
Total Stockholder Equity(225.4M)(203.7M)34.4M(61.3M)(160.3M)(152.3M)
Property Plant And Equipment Net33.7M60.3M91.1M164.3M163.0M171.2M
Net Debt(38.4M)(44.1M)(233.6M)(100.2M)274.1M287.8M
Retained Earnings(1.3B)(1.5B)(1.5B)(1.7B)(2.0B)(1.9B)
Accounts Payable13.6M17.0M30.5M40.9M61.4M64.5M
Cash61.8M99.9M291.9M178.7M76.1M71.1M
Non Current Assets Total68.8M100.7M134.0M200.4M201.5M211.6M
Non Currrent Assets Other1.4M4.1M9.5M4.5M5.7M3.5M
Cash And Short Term Investments61.8M99.9M306.9M193.4M76.1M81.2M
Common Stock Total Equity1.4M2.0M2.6M3.1M2.8M3.7M
Common Stock Shares Outstanding6.7M8.6M11.4M14.1M17.9M18.8M
Liabilities And Stockholders Equity155.3M214.5M466.0M413.6M313.9M329.6M
Non Current Liabilities Total264.5M296.1M261.1M279.5M206.4M113.2M
Other Current Assets1.0M2.0M3.2M3.2M10.5M11.0M
Other Stockholder Equity1.0B1.2B1.1B1.2B1.5B745.1M
Total Liab386.7M426.0M418.0M468.5M462.3M485.4M
Property Plant And Equipment Gross26.3M60.3M141.6M218.4M225.0M236.2M
Total Current Assets86.5M113.8M332.0M213.1M112.4M91.0M
Accumulated Other Comprehensive Income(1.3M)2.8M1.5M915K(955K)(1.0M)
Short Term Debt2.0M2.8M3.4M2.5M145.7M153.0M
Common Stock1.4M2.0M2.6M3.1M3.9M3.7M
Other Liab216.1M216.2M205.9M191.3M220.0M231.0M
Other Assets1.4M37.6M9.5M4.5M4.0M3.1M
Long Term Debt13.4M18.9M12.8M12.6M12.8M12.1M
Net Receivables16.3M1.2M1.5M2.7M25.8M27.1M
Good Will23.2M25.5M24.9M25.5M24.7M23.5M
Inventory7.4M10.7M20.4M13.8M1.00.95
Intangible Assets10.5M10.9M8.5M6.2M4.4M8.2M
Property Plant Equipment26.3M60.3M91.1M133.0M153.0M160.6M
Current Deferred Revenue29.2M17.2M12.4M12.3M18K17.1K
Net Tangible Assets(21.0M)(240.0M)1.1M159.2M183.1M192.3M
Noncontrolling Interest In Consolidated Entity(6.0M)(7.8M)13.5M6.4M7.3M7.7M
Retained Earnings Total Equity(1.3B)(1.5B)(1.5B)(1.7B)(1.5B)(1.6B)
Long Term Debt Total13.4M18.9M12.8M12.6M11.3M10.8M

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When determining whether Agenus Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agenus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agenus Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agenus Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agenus Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Agenus Inc information on this page should be used as a complementary analysis to other Agenus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Agenus' price analysis, check to measure Agenus' 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 Agenus is operating at the current time. Most of Agenus' value examination focuses on studying past and present price action to predict the probability of Agenus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agenus' price. Additionally, you may evaluate how the addition of Agenus to your portfolios can decrease your overall portfolio volatility.
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Is Agenus' industry 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 Agenus. If investors know Agenus 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 Agenus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
11.6
Revenue Per Share
8.485
Quarterly Revenue Growth
0.223
Return On Assets
(0.26)
Return On Equity
(12.79)
The market value of Agenus Inc is measured differently than its book value, which is the value of Agenus that is recorded on the company's balance sheet. Investors also form their own opinion of Agenus' value that differs from its market value or its book value, called intrinsic value, which is Agenus' 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 Agenus' market value can be influenced by many factors that don't directly affect Agenus' 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 Agenus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agenus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agenus' 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.