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 Direction | Positive |
Relationship Strength | Strong |
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
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Kezar Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kezar Life fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 89.5M | 151.8M | 217.9M | 299.6M | 221.2M | 159.6M | |
Other Current Liab | 62K | 21K | 5.0M | 6.0M | 6.5M | 6.8M | |
Total Current Liabilities | 6.0M | 6.4M | 8.2M | 11.0M | 17.7M | 18.6M | |
Total Stockholder Equity | 78.0M | 141.0M | 196.9M | 269.9M | 187.6M | 129.1M | |
Net Tangible Assets | 78.0M | 141.0M | 196.9M | 269.9M | 310.4M | 325.9M | |
Property Plant And Equipment Net | 8.1M | 6.7M | 6.0M | 13.2M | 8.7M | 6.8M | |
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 Payable | 823K | 2.4M | 2.0M | 2.5M | 8.3M | 8.7M | |
Cash | 15.0M | 21.2M | 62.9M | 40.5M | 35.5M | 35.7M | |
Non Current Assets Total | 8.4M | 7.0M | 6.3M | 13.8M | 14.3M | 7.9M | |
Cash And Short Term Investments | 78.2M | 140.4M | 208.4M | 276.6M | 201.4M | 147.6M | |
Net Receivables | 642K | 766K | 70K | 2.3M | 2.6M | 2.8M | |
Common Stock Shares Outstanding | 19.1M | 44.0M | 52.8M | 67.4M | 72.6M | 40.2M | |
Liabilities And Stockholders Equity | 89.5M | 151.8M | 217.9M | 299.6M | 221.2M | 159.6M | |
Non Current Liabilities Total | 5.5M | 4.4M | 12.8M | 18.7M | 15.9M | 16.7M | |
Capital Surpluse | 162.5M | 267.1M | 377.8M | 519.6M | 597.6M | 627.4M | |
Other Current Assets | 1.0M | 1.6M | 729K | 920K | 3.3M | 3.5M | |
Other Stockholder Equity | 162.5M | 267.1M | 377.8M | 519.6M | 538.4M | 565.3M | |
Total Liab | 11.5M | 10.9M | 21.1M | 29.7M | 33.7M | 22.1M | |
Property Plant And Equipment Gross | 8.1M | 6.7M | 9.6M | 17.8M | 14.1M | 8.7M | |
Total Current Assets | 81.1M | 144.8M | 211.7M | 285.7M | 207.0M | 151.6M | |
Accumulated Other Comprehensive Income | (196K) | (137K) | (291K) | (923K) | (130K) | (136.5K) | |
Property Plant Equipment | 8.1M | 3.4M | 3.3M | 3.4M | 3.9M | 4.0M | |
Net Invested Capital | 78.0M | 141.0M | 206.5M | 279.7M | 197.6M | 154.9M | |
Net Working Capital | 75.1M | 138.4M | 203.4M | 274.7M | 189.2M | 163.1M | |
Retained Earnings Total Equity | (84.3M) | (126.0M) | (180.7M) | (248.9M) | (224.0M) | (212.8M) | |
Short Term Investments | 63.3M | 119.2M | 145.5M | 236.1M | 165.9M | 149.1M |
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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.