Kezar Total Liab vs Net Tangible Assets Analysis

KZR Stock  USD 0.69  0.01  1.47%   
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 Total Liab and its Net Tangible Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Liab vs Net Tangible Assets

Total Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kezar Life Sciences Total Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kezar Life's Total Liab and Net Tangible Assets is -0.27. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Tangible Assets 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 Total Liab and Net Tangible 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 Total Liab of Kezar Life Sciences are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Liab i.e., Kezar Life's Total Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of 06/03/2024, 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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When determining whether Kezar Life Sciences is a strong investment it is important to analyze Kezar Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kezar Life's future performance. For an informed investment choice regarding Kezar Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Kezar Life Sciences information on this page should be used as a complementary analysis to other Kezar Life's 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.
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Is Kezar Life's 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 Kezar Life. If investors know Kezar 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 Kezar Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.39)
Revenue Per Share
0.096
Return On Assets
(0.27)
Return On Equity
(0.48)
The market value of Kezar Life Sciences is measured differently than its book value, which is the value of Kezar that is recorded on the company's balance sheet. Investors also form their own opinion of Kezar Life's value that differs from its market value or its book value, called intrinsic value, which is Kezar Life's 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 Kezar Life's market value can be influenced by many factors that don't directly affect Kezar Life's 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 Kezar Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kezar Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kezar Life's 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.