Agenus Short Term Investments vs Total Assets Analysis
AGEN Stock | USD 13.62 1.27 10.28% |
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 Short Term Investments 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.
Short Term Investments vs Total Assets
Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agenus Inc Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Agenus' Short Term Investments and Total Assets is 0.37. Overlapping area represents the amount of variation of Short Term Investments 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' Short Term Investments 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 Short Term Investments 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 Short Term Investments i.e., Agenus' Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Agenus balance sheet. It contains any investments Agenus Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Agenus Inc can easily liquidate in the marketplace.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 28th 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
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Agenus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agenus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 155.3M | 214.5M | 466.0M | 413.6M | 313.9M | 329.6M | |
Short Long Term Debt Total | 23.4M | 55.7M | 58.3M | 78.4M | 350.2M | 367.8M | |
Other Current Liab | 77.5M | 92.9M | 110.7M | 133.2M | 48.7M | 28.4M | |
Total Current Liabilities | 122.2M | 129.9M | 156.9M | 189.0M | 255.9M | 268.7M | |
Total Stockholder Equity | (225.4M) | (203.7M) | 34.4M | (61.3M) | (160.3M) | (152.3M) | |
Property Plant And Equipment Net | 33.7M | 60.3M | 91.1M | 164.3M | 163.0M | 171.2M | |
Net Debt | (38.4M) | (44.1M) | (233.6M) | (100.2M) | 274.1M | 287.8M | |
Retained Earnings | (1.3B) | (1.5B) | (1.5B) | (1.7B) | (2.0B) | (1.9B) | |
Accounts Payable | 13.6M | 17.0M | 30.5M | 40.9M | 61.4M | 64.5M | |
Cash | 61.8M | 99.9M | 291.9M | 178.7M | 76.1M | 71.1M | |
Non Current Assets Total | 68.8M | 100.7M | 134.0M | 200.4M | 201.5M | 211.6M | |
Non Currrent Assets Other | 1.4M | 4.1M | 9.5M | 4.5M | 5.7M | 3.5M | |
Cash And Short Term Investments | 61.8M | 99.9M | 306.9M | 193.4M | 76.1M | 81.2M | |
Common Stock Total Equity | 1.4M | 2.0M | 2.6M | 3.1M | 2.8M | 3.7M | |
Common Stock Shares Outstanding | 6.7M | 8.6M | 11.4M | 14.1M | 17.9M | 18.8M | |
Liabilities And Stockholders Equity | 155.3M | 214.5M | 466.0M | 413.6M | 313.9M | 329.6M | |
Non Current Liabilities Total | 264.5M | 296.1M | 261.1M | 279.5M | 206.4M | 113.2M | |
Other Current Assets | 1.0M | 2.0M | 3.2M | 3.2M | 10.5M | 11.0M | |
Other Stockholder Equity | 1.0B | 1.2B | 1.1B | 1.2B | 1.5B | 745.1M | |
Total Liab | 386.7M | 426.0M | 418.0M | 468.5M | 462.3M | 485.4M | |
Property Plant And Equipment Gross | 26.3M | 60.3M | 141.6M | 218.4M | 225.0M | 236.2M | |
Total Current Assets | 86.5M | 113.8M | 332.0M | 213.1M | 112.4M | 91.0M | |
Accumulated Other Comprehensive Income | (1.3M) | 2.8M | 1.5M | 915K | (955K) | (1.0M) | |
Short Term Debt | 2.0M | 2.8M | 3.4M | 2.5M | 145.7M | 153.0M | |
Common Stock | 1.4M | 2.0M | 2.6M | 3.1M | 3.9M | 3.7M | |
Other Liab | 216.1M | 216.2M | 205.9M | 191.3M | 220.0M | 231.0M | |
Other Assets | 1.4M | 37.6M | 9.5M | 4.5M | 4.0M | 3.1M | |
Long Term Debt | 13.4M | 18.9M | 12.8M | 12.6M | 12.8M | 12.1M | |
Net Receivables | 16.3M | 1.2M | 1.5M | 2.7M | 25.8M | 27.1M | |
Good Will | 23.2M | 25.5M | 24.9M | 25.5M | 24.7M | 23.5M | |
Inventory | 7.4M | 10.7M | 20.4M | 13.8M | 1.0 | 0.95 | |
Intangible Assets | 10.5M | 10.9M | 8.5M | 6.2M | 4.4M | 8.2M | |
Property Plant Equipment | 26.3M | 60.3M | 91.1M | 133.0M | 153.0M | 160.6M | |
Current Deferred Revenue | 29.2M | 17.2M | 12.4M | 12.3M | 18K | 17.1K | |
Net Tangible Assets | (21.0M) | (240.0M) | 1.1M | 159.2M | 183.1M | 192.3M | |
Noncontrolling Interest In Consolidated Entity | (6.0M) | (7.8M) | 13.5M | 6.4M | 7.3M | 7.7M | |
Retained Earnings Total Equity | (1.3B) | (1.5B) | (1.5B) | (1.7B) | (1.5B) | (1.6B) | |
Long Term Debt Total | 13.4M | 18.9M | 12.8M | 12.6M | 11.3M | 10.8M |
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Try AI Portfolio ArchitectCheck 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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.