Mink Short Term Debt vs Capital Surpluse Analysis

INKT Stock

USD 0.98 0.02 1.98%

Mink Therapeutics financial indicator trend analysis is infinitely more than just investigating Mink Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mink Therapeutics is a good investment. Please check the relationship between Mink Therapeutics Short Term Debt and its Capital Surpluse accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Mink Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

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

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mink Therapeutics Short Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have totally related.

The correlation between Mink Therapeutics' Short Term Debt and Capital Surpluse is 1.0. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Mink Therapeutics, assuming nothing else is changed. The correlation between historical values of Mink Therapeutics' Short Term Debt and Capital Surpluse 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 Debt of Mink Therapeutics are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Short Term Debt i.e., Mink Therapeutics' Short Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Short Term Debt

Capital Surpluse

Most indicators from Mink Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mink Therapeutics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Mink Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Mink Stock please use our How to Invest in Mink Therapeutics guide.Selling General Administrative is likely to drop to about 5.5 M in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	2.4M	253.3K	228.0K	216.6K
Depreciation And Amortization	299.9K	121.7K	204.6K	256.1K

Interest Expense Depreciation And Amortization

Mink Therapeutics 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	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.59	0.72	0.76	0.91	-0.61	0.79	0.48	0.05	-0.87	-0.45	0.45	1.0	0.48	0.59	1.0	-0.61	0.1	-0.75	-0.14	0.93	0.72	-0.64	0.91	0.44	1.0
Short Long Term Debt Total	0.59		0.91	0.88	0.57	-0.97	0.67	0.83	-0.44	-0.67	-0.86	0.75	0.58	0.83	1.0	0.58	-0.97	0.47	-0.61	0.21	0.66	0.86	-0.43	0.23	0.86	0.57
Other Current Liab	0.72	0.91		0.99	0.61	-0.95	0.67	0.63	-0.4	-0.68	-0.72	0.59	0.71	0.63	0.91	0.71	-0.95	0.47	-0.55	0.32	0.85	0.75	-0.36	0.45	0.64	0.72
Total Current Liabilities	0.76	0.88	0.99		0.65	-0.95	0.7	0.64	-0.4	-0.72	-0.73	0.63	0.75	0.64	0.88	0.75	-0.95	0.5	-0.59	0.27	0.9	0.76	-0.4	0.49	0.64	0.75
Total Stockholder Equity	0.91	0.57	0.61	0.65		-0.59	0.96	0.64	-0.2	-0.99	-0.63	0.54	0.91	0.64	0.57	0.91	-0.59	0.33	-0.95	-0.49	0.84	0.86	-0.9	0.74	0.61	0.9
Other Liab	-0.61	-0.97	-0.95	-0.95	-0.59		-0.69	-0.81	0.53	0.69	0.87	-0.78	-0.6	-0.81	-0.97	-0.6	1.0	-0.59	0.61	-0.23	-0.75	-0.84	0.43	-0.26	-0.83	-0.6
Net Tangible Assets	0.79	0.67	0.67	0.7	0.96	-0.69		0.75	-0.47	-0.98	-0.8	0.61	0.8	0.75	0.67	0.8	-0.69	0.56	-0.98	-0.49	0.79	0.93	-0.93	0.53	0.75	0.78
Property Plant And Equipment Net	0.48	0.83	0.63	0.64	0.64	-0.81	0.75		-0.52	-0.75	-0.94	0.95	0.47	1.0	0.83	0.47	-0.81	0.58	-0.77	-0.21	0.51	0.92	-0.68	0.08	0.99	0.46
Current Deferred Revenue	0.05	-0.44	-0.4	-0.4	-0.2	0.53	-0.47	-0.52		0.34	0.75	-0.41	0.05	-0.52	-0.44	0.05	0.53	-0.97	0.41	0.19	-0.2	-0.49	0.4	0.39	-0.56	0.07
Net Debt	-0.87	-0.67	-0.68	-0.72	-0.99	0.69	-0.98	-0.75	0.34		0.75	-0.65	-0.87	-0.75	-0.67	-0.87	0.69	-0.45	0.97	0.45	-0.84	-0.93	0.91	-0.63	-0.73	-0.86
Retained Earnings	-0.45	-0.86	-0.72	-0.73	-0.63	0.87	-0.8	-0.94	0.75	0.75		-0.83	-0.44	-0.94	-0.86	-0.44	0.87	-0.78	0.78	0.19	-0.56	-0.92	0.68	-0.03	-0.96	-0.43
Accounts Payable	0.45	0.75	0.59	0.63	0.54	-0.78	0.61	0.95	-0.41	-0.65	-0.83		0.44	0.95	0.75	0.44	-0.78	0.52	-0.63	-0.08	0.52	0.8	-0.52	0.09	0.89	0.44
Cash	1.0	0.58	0.71	0.75	0.91	-0.6	0.8	0.47	0.05	-0.87	-0.44	0.44		0.47	0.58	1.0	-0.6	0.1	-0.76	-0.16	0.93	0.71	-0.65	0.91	0.44	1.0
Non Current Assets Total	0.48	0.83	0.63	0.64	0.64	-0.81	0.75	1.0	-0.52	-0.75	-0.94	0.95	0.47		0.83	0.47	-0.81	0.58	-0.77	-0.21	0.51	0.92	-0.68	0.08	0.99	0.46
Long Term Debt	0.59	1.0	0.91	0.88	0.57	-0.97	0.67	0.83	-0.44	-0.67	-0.86	0.75	0.58	0.83		0.58	-0.97	0.47	-0.61	0.21	0.66	0.86	-0.43	0.23	0.86	0.57
Cash And Short Term Investments	1.0	0.58	0.71	0.75	0.91	-0.6	0.8	0.47	0.05	-0.87	-0.44	0.44	1.0	0.47	0.58		-0.6	0.1	-0.76	-0.16	0.93	0.71	-0.65	0.91	0.44	1.0
Net Receivables	-0.61	-0.97	-0.95	-0.95	-0.59	1.0	-0.69	-0.81	0.53	0.69	0.87	-0.78	-0.6	-0.81	-0.97	-0.6		-0.59	0.61	-0.23	-0.75	-0.84	0.43	-0.26	-0.82	-0.6
Common Stock Shares Outstanding	0.1	0.47	0.47	0.5	0.33	-0.59	0.56	0.58	-0.97	-0.45	-0.78	0.52	0.1	0.58	0.47	0.1	-0.59		-0.49	-0.21	0.36	0.55	-0.48	-0.24	0.59	0.08
Non Current Liabilities Total	-0.75	-0.61	-0.55	-0.59	-0.95	0.61	-0.98	-0.77	0.41	0.97	0.78	-0.63	-0.76	-0.77	-0.61	-0.76	0.61	-0.49		0.6	-0.7	-0.93	0.97	-0.49	-0.77	-0.74
Inventory	-0.14	0.21	0.32	0.27	-0.49	-0.23	-0.49	-0.21	0.19	0.45	0.19	-0.08	-0.16	-0.21	0.21	-0.16	-0.23	-0.21	0.6		0.0	-0.3	0.76	-0.11	-0.19	-0.13
Other Current Assets	0.93	0.66	0.85	0.9	0.84	-0.75	0.79	0.51	-0.2	-0.84	-0.56	0.52	0.93	0.51	0.66	0.93	-0.75	0.36	-0.7	0.0		0.71	-0.56	0.78	0.47	0.93
Other Stockholder Equity	0.72	0.86	0.75	0.76	0.86	-0.84	0.93	0.92	-0.49	-0.93	-0.92	0.8	0.71	0.92	0.86	0.71	-0.84	0.55	-0.93	-0.3	0.71		-0.83	0.37	0.93	0.7
Total Liab	-0.64	-0.43	-0.36	-0.4	-0.9	0.43	-0.93	-0.68	0.4	0.91	0.68	-0.52	-0.65	-0.68	-0.43	-0.65	0.43	-0.48	0.97	0.76	-0.56	-0.83		-0.42	-0.67	-0.63
Net Invested Capital	0.91	0.23	0.45	0.49	0.74	-0.26	0.53	0.08	0.39	-0.63	-0.03	0.09	0.91	0.08	0.23	0.91	-0.26	-0.24	-0.49	-0.11	0.78	0.37	-0.42		0.04	0.91
Property Plant And Equipment Gross	0.44	0.86	0.64	0.64	0.61	-0.83	0.75	0.99	-0.56	-0.73	-0.96	0.89	0.44	0.99	0.86	0.44	-0.82	0.59	-0.77	-0.19	0.47	0.93	-0.67	0.04		0.43
Total Current Assets	1.0	0.57	0.72	0.75	0.9	-0.6	0.78	0.46	0.07	-0.86	-0.43	0.44	1.0	0.46	0.57	1.0	-0.6	0.08	-0.74	-0.13	0.93	0.7	-0.63	0.91	0.43

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Mink Therapeutics Account Relationship Matchups

Pair Trading with Mink Therapeutics

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 Mink Therapeutics 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 Mink Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mink Stock

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Pair Corr

The ability to find closely correlated positions to Mink Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mink Therapeutics 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 Mink Therapeutics - 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 Mink Therapeutics to buy it.

The correlation of Mink Therapeutics 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 Mink Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mink Therapeutics 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 Mink Therapeutics 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 Mink Stock Analysis

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

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Mink Short Term Debt vs Capital Surpluse Analysis

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Short Term Debt

Capital Surpluse

Mink Therapeutics fundamental ratios Correlations

Mink Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Mink Therapeutics

Moving together with Mink Stock

Additional Tools for Mink Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Receivables	+ 1.0	Other Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Net Debt	- 0.99	Total Stockholder Equity
Non Current Liabilities Total	- 0.98	Net Tangible Assets
Net Debt	- 0.98	Net Tangible Assets
Net Receivables	- 0.97	Long Term Debt
Common Stock Shares Outstanding	- 0.97	Current Deferred Revenue
Long Term Debt	- 0.97	Other Liab