Kezar Net Tangible Assets vs Short Term Debt Analysis

KZR Stock  USD 0.68  0.01  1.01%   
Kezar Life financial indicator trend analysis is infinitely more than just investigating Kezar Life Sciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kezar Life Sciences is a good investment. Please check the relationship between Kezar Life Net Tangible Assets and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kezar Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Short Term Debt

Net Tangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kezar Life Sciences Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kezar Life's Net Tangible Assets and Short Term Debt is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Kezar Life Sciences, assuming nothing else is changed. The correlation between historical values of Kezar Life's Net Tangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Kezar Life Sciences are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Kezar Life's Net Tangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Short Term Debt

Most indicators from Kezar Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kezar Life Sciences 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kezar Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of 06/14/2024, Selling General Administrative is likely to grow to about 27.9 M, though Issuance Of Capital Stock is likely to grow to (222.3 K).

Kezar Life fundamental ratios Correlations

0.850.810.990.870.910.93-0.39-0.850.60.740.920.470.821.00.650.910.92-0.410.910.520.91-0.180.970.811.0
0.850.890.810.750.920.72-0.36-0.910.790.710.780.750.890.850.760.90.8-0.280.920.670.89-0.070.820.60.85
0.810.890.790.840.970.79-0.16-0.990.940.560.860.880.950.80.890.960.84-0.380.980.90.96-0.160.840.640.8
0.990.810.790.90.910.94-0.3-0.830.580.650.920.440.770.990.610.90.9-0.550.890.50.89-0.340.960.780.99
0.870.750.840.90.90.88-0.29-0.810.650.60.870.570.80.870.580.880.74-0.590.880.640.84-0.40.850.870.87
0.910.920.970.910.90.87-0.22-0.970.850.620.90.760.920.910.820.990.89-0.491.00.790.98-0.270.910.70.91
0.930.720.790.940.880.87-0.16-0.80.560.540.960.440.80.920.690.850.84-0.50.860.520.87-0.290.970.790.93
-0.39-0.36-0.16-0.3-0.29-0.22-0.160.18-0.05-0.89-0.14-0.01-0.27-0.410.08-0.24-0.25-0.38-0.220.06-0.21-0.47-0.22-0.57-0.4
-0.85-0.91-0.99-0.83-0.81-0.97-0.80.18-0.93-0.59-0.88-0.85-0.94-0.85-0.89-0.98-0.90.36-0.99-0.87-0.980.13-0.87-0.63-0.85
0.60.790.940.580.650.850.56-0.05-0.930.420.690.980.870.60.890.860.72-0.250.870.980.85-0.050.630.440.6
0.740.710.560.650.60.620.54-0.89-0.590.420.530.330.630.750.330.640.630.130.620.290.630.310.610.750.74
0.920.780.860.920.870.90.96-0.14-0.880.690.530.60.870.910.770.890.9-0.460.90.650.9-0.210.980.80.91
0.470.750.880.440.570.760.44-0.01-0.850.980.330.60.830.470.860.750.58-0.170.780.960.740.010.520.370.47
0.820.890.950.770.80.920.8-0.27-0.940.870.630.870.830.810.910.910.79-0.180.930.810.910.050.840.710.81
1.00.850.80.990.870.910.92-0.41-0.850.60.750.910.470.810.640.910.92-0.410.90.510.91-0.180.960.811.0
0.650.760.890.610.580.820.690.08-0.890.890.330.770.860.910.640.820.74-0.160.850.860.850.040.740.410.64
0.910.90.960.90.880.990.85-0.24-0.980.860.640.890.750.910.910.820.92-0.450.990.80.99-0.230.90.690.91
0.920.80.840.90.740.890.84-0.25-0.90.720.630.90.580.790.920.740.92-0.350.90.640.93-0.10.920.660.92
-0.41-0.28-0.38-0.55-0.59-0.49-0.5-0.380.36-0.250.13-0.46-0.17-0.18-0.41-0.16-0.45-0.35-0.44-0.3-0.410.96-0.44-0.24-0.41
0.910.920.980.890.881.00.86-0.22-0.990.870.620.90.780.930.90.850.990.9-0.440.810.99-0.220.90.680.9
0.520.670.90.50.640.790.520.06-0.870.980.290.650.960.810.510.860.80.64-0.30.810.79-0.120.560.420.51
0.910.890.960.890.840.980.87-0.21-0.980.850.630.90.740.910.910.850.990.93-0.410.990.79-0.180.920.660.91
-0.18-0.07-0.16-0.34-0.4-0.27-0.29-0.470.13-0.050.31-0.210.010.05-0.180.04-0.23-0.10.96-0.22-0.12-0.18-0.2-0.03-0.18
0.970.820.840.960.850.910.97-0.22-0.870.630.610.980.520.840.960.740.90.92-0.440.90.560.92-0.20.760.96
0.810.60.640.780.870.70.79-0.57-0.630.440.750.80.370.710.810.410.690.66-0.240.680.420.66-0.030.760.81
1.00.850.80.990.870.910.93-0.4-0.850.60.740.910.470.811.00.640.910.92-0.410.90.510.91-0.180.960.81
Click cells to compare fundamentals

Kezar Life Account Relationship Matchups

Kezar Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets89.5M151.8M217.9M299.6M221.2M159.6M
Other Current Liab62K21K5.0M6.0M6.5M6.8M
Total Current Liabilities6.0M6.4M8.2M11.0M17.7M18.6M
Total Stockholder Equity78.0M141.0M196.9M269.9M187.6M129.1M
Net Tangible Assets78.0M141.0M196.9M269.9M310.4M325.9M
Property Plant And Equipment Net8.1M6.7M6.0M13.2M8.7M6.8M
Net Debt(8.6M)(15.8M)(48.8M)(19.2M)(16.6M)(17.4M)
Retained Earnings(84.3M)(126.0M)(180.7M)(248.9M)(350.8M)(333.2M)
Accounts Payable823K2.4M2.0M2.5M8.3M8.7M
Cash15.0M21.2M62.9M40.5M35.5M35.7M
Non Current Assets Total8.4M7.0M6.3M13.8M14.3M7.9M
Cash And Short Term Investments78.2M140.4M208.4M276.6M201.4M147.6M
Net Receivables642K766K70K2.3M2.6M2.8M
Common Stock Shares Outstanding19.1M44.0M52.8M67.4M72.6M40.2M
Liabilities And Stockholders Equity89.5M151.8M217.9M299.6M221.2M159.6M
Non Current Liabilities Total5.5M4.4M12.8M18.7M15.9M16.7M
Capital Surpluse162.5M267.1M377.8M519.6M597.6M627.4M
Other Current Assets1.0M1.6M729K920K3.3M3.5M
Other Stockholder Equity162.5M267.1M377.8M519.6M538.4M565.3M
Total Liab11.5M10.9M21.1M29.7M33.7M22.1M
Property Plant And Equipment Gross8.1M6.7M9.6M17.8M14.1M8.7M
Total Current Assets81.1M144.8M211.7M285.7M207.0M151.6M
Accumulated Other Comprehensive Income(196K)(137K)(291K)(923K)(130K)(136.5K)
Property Plant Equipment8.1M3.4M3.3M3.4M3.9M4.0M
Net Invested Capital78.0M141.0M206.5M279.7M197.6M154.9M
Net Working Capital75.1M138.4M203.4M274.7M189.2M163.1M
Retained Earnings Total Equity(84.3M)(126.0M)(180.7M)(248.9M)(224.0M)(212.8M)
Short Term Investments63.3M119.2M145.5M236.1M165.9M149.1M

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Additional Tools for Kezar Stock Analysis

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