Bolt Property Plant Equipment vs Total Assets Analysis

BOLT Stock

USD 0.77 0.01 1.32%

Bolt Biotherapeutics financial indicator trend analysis is way more than just evaluating Bolt Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bolt Biotherapeutics is a good investment. Please check the relationship between Bolt Biotherapeutics Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bolt Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Bolt Stock please use our How to Invest in Bolt Biotherapeutics guide.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bolt Biotherapeutics Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Bolt Biotherapeutics' Property Plant Equipment and Total Assets is 0.91. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bolt Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Bolt Biotherapeutics' Property Plant Equipment 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 Property Plant Equipment of Bolt Biotherapeutics 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 Property Plant Equipment i.e., Bolt Biotherapeutics' Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Bolt Biotherapeutics 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 Bolt Biotherapeutics 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 Bolt Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bolt Biotherapeutics 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 Bolt Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Bolt Stock please use our How to Invest in Bolt Biotherapeutics guide.Selling General Administrative is likely to drop to about 14.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 276.4 K in 2024

	2021	2022	2023	2024 (projected)
Interest Income	281K	2.2M	6.2M	6.5M
Net Interest Income	281K	2.2M	6.2M	6.5M

Interest Income Net Interest Income

Bolt Biotherapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other
Total Assets		0.94	0.93	0.94	0.93	0.91	0.9	0.94	0.68	-0.81	0.95	0.22	0.98	0.76	0.38	0.99	0.78	-0.02	0.94	0.87	0.76	0.2	0.93	0.92	0.99	-0.1
Short Long Term Debt Total	0.94		0.97	0.99	0.78	0.9	0.82	1.0	0.76	-0.89	0.99	0.18	0.91	0.85	0.46	0.93	0.94	0.23	1.0	0.94	0.77	0.44	0.78	0.99	0.94	0.08
Other Current Liab	0.93	0.97		0.99	0.81	0.92	0.84	0.97	0.87	-0.93	0.96	-0.05	0.87	0.86	0.43	0.94	0.86	0.1	0.97	0.95	0.83	0.32	0.81	0.97	0.94	0.06
Total Current Liabilities	0.94	0.99	0.99		0.8	0.92	0.83	0.99	0.82	-0.92	0.99	0.08	0.89	0.86	0.44	0.94	0.91	0.17	0.99	0.95	0.81	0.39	0.8	0.99	0.94	0.07
Total Stockholder Equity	0.93	0.78	0.81	0.8		0.86	0.93	0.77	0.55	-0.7	0.83	0.2	0.89	0.52	0.1	0.94	0.53	-0.37	0.78	0.68	0.77	-0.16	1.0	0.77	0.94	-0.4
Other Liab	0.91	0.9	0.92	0.92	0.86		0.97	0.89	0.8	-0.96	0.92	0.06	0.87	0.7	0.11	0.91	0.77	-0.11	0.9	0.81	0.96	0.1	0.86	0.91	0.91	-0.19
Net Tangible Assets	0.9	0.82	0.84	0.83	0.93	0.97		0.8	0.67	-0.86	0.85	0.12	0.87	0.56	-0.02	0.9	0.61	-0.32	0.82	0.69	0.93	-0.12	0.93	0.82	0.9	-0.38
Property Plant And Equipment Net	0.94	1.0	0.97	0.99	0.77	0.89	0.8		0.79	-0.89	0.98	0.13	0.92	0.89	0.51	0.93	0.94	0.25	1.0	0.96	0.75	0.46	0.77	0.99	0.94	0.14
Net Debt	0.68	0.76	0.87	0.82	0.55	0.8	0.67	0.79		-0.89	0.73	-0.48	0.63	0.87	0.4	0.7	0.7	0.17	0.76	0.85	0.79	0.34	0.55	0.8	0.7	0.29
Retained Earnings	-0.81	-0.89	-0.93	-0.92	-0.7	-0.96	-0.86	-0.89	-0.89		-0.89	0.1	-0.76	-0.77	-0.17	-0.82	-0.82	-0.05	-0.89	-0.83	-0.94	-0.25	-0.7	-0.92	-0.82	0.02
Accounts Payable	0.95	0.99	0.96	0.99	0.83	0.92	0.85	0.98	0.73	-0.89		0.23	0.91	0.79	0.38	0.96	0.91	0.13	0.99	0.92	0.79	0.34	0.83	0.98	0.96	-0.04
Cash	0.22	0.18	-0.05	0.08	0.2	0.06	0.12	0.13	-0.48	0.1	0.23		0.27	-0.19	-0.09	0.19	0.21	0.04	0.18	-0.04	-0.11	0.06	0.2	0.1	0.18	-0.38
Non Current Assets Total	0.98	0.91	0.87	0.89	0.89	0.87	0.87	0.92	0.63	-0.76	0.91	0.27		0.76	0.4	0.94	0.77	0.04	0.91	0.82	0.7	0.25	0.89	0.9	0.94	-0.03
Non Currrent Assets Other	0.76	0.85	0.86	0.86	0.52	0.7	0.56	0.89	0.87	-0.77	0.79	-0.19	0.76		0.75	0.74	0.85	0.5	0.85	0.93	0.56	0.67	0.52	0.87	0.74	0.54
Other Assets	0.38	0.46	0.43	0.44	0.1	0.11	-0.02	0.51	0.4	-0.17	0.38	-0.09	0.4	0.75		0.35	0.54	0.75	0.46	0.65	-0.1	0.81	0.1	0.45	0.36	0.79
Cash And Short Term Investments	0.99	0.93	0.94	0.94	0.94	0.91	0.9	0.93	0.7	-0.82	0.96	0.19	0.94	0.74	0.35		0.77	-0.06	0.93	0.88	0.78	0.16	0.94	0.92	1.0	-0.15
Common Stock Shares Outstanding	0.78	0.94	0.86	0.91	0.53	0.77	0.61	0.94	0.7	-0.82	0.91	0.21	0.77	0.85	0.54	0.77		0.51	0.94	0.89	0.62	0.68	0.53	0.93	0.77	0.29
Non Current Liabilities Total	-0.02	0.23	0.1	0.17	-0.37	-0.11	-0.32	0.25	0.17	-0.05	0.13	0.04	0.04	0.5	0.75	-0.06	0.51		0.23	0.34	-0.26	0.97	-0.37	0.22	-0.05	0.87
Capital Lease Obligations	0.94	1.0	0.97	0.99	0.78	0.9	0.82	1.0	0.76	-0.89	0.99	0.18	0.91	0.85	0.46	0.93	0.94	0.23		0.94	0.77	0.44	0.78	0.99	0.94	0.08
Other Current Assets	0.87	0.94	0.95	0.95	0.68	0.81	0.69	0.96	0.85	-0.83	0.92	-0.04	0.82	0.93	0.65	0.88	0.89	0.34	0.94		0.67	0.53	0.68	0.93	0.89	0.27
Other Stockholder Equity	0.76	0.77	0.83	0.81	0.77	0.96	0.93	0.75	0.79	-0.94	0.79	-0.11	0.7	0.56	-0.1	0.78	0.62	-0.26	0.77	0.67		-0.07	0.77	0.79	0.78	-0.3
Total Liab	0.2	0.44	0.32	0.39	-0.16	0.1	-0.12	0.46	0.34	-0.25	0.34	0.06	0.25	0.67	0.81	0.16	0.68	0.97	0.44	0.53	-0.07		-0.16	0.44	0.17	0.83
Net Invested Capital	0.93	0.78	0.81	0.8	1.0	0.86	0.93	0.77	0.55	-0.7	0.83	0.2	0.89	0.52	0.1	0.94	0.53	-0.37	0.78	0.68	0.77	-0.16		0.77	0.94	-0.4
Property Plant And Equipment Gross	0.92	0.99	0.97	0.99	0.77	0.91	0.82	0.99	0.8	-0.92	0.98	0.1	0.9	0.87	0.45	0.92	0.93	0.22	0.99	0.93	0.79	0.44	0.77		0.92	0.11
Total Current Assets	0.99	0.94	0.94	0.94	0.94	0.91	0.9	0.94	0.7	-0.82	0.96	0.18	0.94	0.74	0.36	1.0	0.77	-0.05	0.94	0.89	0.78	0.17	0.94	0.92		-0.14
Non Current Liabilities Other	-0.1	0.08	0.06	0.07	-0.4	-0.19	-0.38	0.14	0.29	0.02	-0.04	-0.38	-0.03	0.54	0.79	-0.15	0.29	0.87	0.08	0.27	-0.3	0.83	-0.4	0.11	-0.14

Click cells to compare fundamentals

Bolt Biotherapeutics Account Relationship Matchups

Bolt Biotherapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	48.4M	46.5M	307.7M	227.8M	159.8M	147.8M
Short Long Term Debt Total	10.2M	10.9M	24.4M	22.6M	20.2M	16.2M
Other Current Liab	2.9M	6.7M	12.4M	15.1M	12.5M	9.4M
Total Current Liabilities	8.7M	11.3M	21.3M	23.1M	20.5M	16.1M
Total Stockholder Equity	(45.8M)	(104.9M)	250.1M	171.5M	112.7M	67.4M
Other Liab	1.0M	329K	14.4M	13.0M	14.9M	15.7M
Net Tangible Assets	(45.8M)	(104.9M)	250.1M	171.5M	197.2M	207.1M
Property Plant And Equipment Net	11.5M	16.4M	30.6M	28.5M	24.1M	20.6M
Net Debt	(24.6M)	5.3M	(3.0M)	13.4M	9.4M	9.9M
Retained Earnings	(47.7M)	(108.4M)	(207.0M)	(295.1M)	(364.3M)	(346.1M)
Accounts Payable	2.1M	1.6M	3.6M	3.6M	3.0M	2.7M
Cash	34.8M	5.5M	27.4M	9.2M	10.8M	13.5M
Non Current Assets Total	12.5M	21.2M	118.6M	55.1M	54.3M	48.3M
Non Currrent Assets Other	446K	3.2M	2.6M	2.6M	2.0M	2.1M
Other Assets	1.0M	4.8M	2.6M	2.6M	1.0	0.95
Cash And Short Term Investments	34.8M	22.8M	186.2M	168.9M	102.2M	96.9M
Common Stock Shares Outstanding	35.1M	36.2M	37.4M	37.4M	37.8M	35.4M
Liabilities And Stockholders Equity	48.4M	46.5M	307.7M	227.8M	159.8M	147.8M
Non Current Liabilities Total	85.6M	140.2M	36.3M	33.2M	26.6M	46.8M
Capital Lease Obligations	10.2M	10.9M	24.4M	22.6M	20.2M	16.2M
Other Current Assets	1.1M	2.5M	2.9M	3.9M	2.0M	2.4M
Other Stockholder Equity	(75.7M)	(101.8M)	149.7M	239.7M	317.2M	333.1M
Total Liab	94.3M	151.5M	57.6M	56.3M	47.0M	58.5M
Net Invested Capital	(45.8M)	(104.9M)	250.1M	171.5M	112.7M	67.4M
Property Plant And Equipment Gross	11.5M	16.4M	30.6M	28.5M	29.8M	21.7M
Total Current Assets	35.9M	25.4M	189.2M	172.7M	105.5M	99.5M
Non Current Liabilities Other	71K	25.6M	210K	42K	43K	40.9K
Net Working Capital	27.2M	14.1M	167.8M	149.6M	85.3M	83.5M
Short Term Debt	3.1M	1.5M	2.5M	2.4M	2.8M	2.3M
Property Plant Equipment	11.5M	16.4M	30.6M	28.5M	32.8M	19.5M

Pair Trading with Bolt Biotherapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bolt Biotherapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bolt Biotherapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bolt Stock

0.76

VRDN

Viridian Therapeutics Earnings Call This Week

Pair Corr

Moving against Bolt Stock

0.6	PFE	Pfizer Inc Sell-off Trend	Pair Corr
0.54	ELUT	Elutia Inc Symbol Change	Pair Corr
0.34	MCRB	Seres Therapeutics	Pair Corr
0.32	HOOK	Hookipa Pharma	Pair Corr
0.31	GPCR	Structure Therapeutics	Pair Corr

The ability to find closely correlated positions to Bolt Biotherapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bolt Biotherapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bolt Biotherapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bolt Biotherapeutics to buy it.

The correlation of Bolt Biotherapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bolt Biotherapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bolt Biotherapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Bolt Biotherapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Bolt Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC