Sangamo Current Ratio vs Asset Turnover Analysis

SGMO Stock  USD 0.49  0.03  5.77%   
Sangamo Therapeutics financial indicator trend analysis is much more than just breaking down Sangamo Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangamo Therapeutics is a good investment. Please check the relationship between Sangamo Therapeutics Current Ratio and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.

Current Ratio vs Asset Turnover

Current Ratio vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangamo Therapeutics Current Ratio account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sangamo Therapeutics' Current Ratio and Asset Turnover is -0.38. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Sangamo Therapeutics, assuming nothing else is changed. The correlation between historical values of Sangamo Therapeutics' Current Ratio and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Sangamo Therapeutics are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Current Ratio i.e., Sangamo Therapeutics' Current Ratio and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Sangamo Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangamo 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.As of the 19th of April 2024, Selling General Administrative is likely to grow to about 64.2 M, though Tax Provision is likely to grow to (4.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit110.7M111.3M154.0M161.7M
Total Revenue110.7M111.3M176.2M185.0M

Sangamo Therapeutics fundamental ratios Correlations

0.97-0.40.890.530.620.970.80.730.950.910.420.890.940.360.960.410.060.890.970.750.970.03-0.780.630.51
0.97-0.310.810.460.560.890.730.640.860.840.320.830.880.250.960.54-0.060.910.90.650.97-0.1-0.740.50.42
-0.4-0.31-0.41-0.98-0.96-0.48-0.79-0.86-0.56-0.6-0.87-0.46-0.51-0.96-0.220.0-0.13-0.11-0.45-0.84-0.32-0.220.19-0.88-0.86
0.890.81-0.410.490.580.920.80.710.930.940.520.830.950.380.790.310.230.690.90.80.790.19-0.720.730.46
0.530.46-0.980.490.990.580.840.890.650.670.860.560.610.930.370.080.060.260.560.880.460.14-0.290.890.86
0.620.56-0.960.580.990.660.890.930.730.760.850.640.690.910.460.150.090.350.640.920.550.16-0.370.910.87
0.970.89-0.480.920.580.660.840.790.990.930.510.890.950.460.920.260.180.821.00.810.920.16-0.780.730.57
0.80.73-0.790.80.840.890.840.930.880.930.690.780.870.770.650.350.220.540.820.960.710.25-0.530.870.8
0.730.64-0.860.710.890.930.790.930.830.860.750.770.770.870.570.110.240.470.770.950.670.28-0.540.90.93
0.950.86-0.560.930.650.730.990.880.830.950.590.90.960.540.880.220.180.770.970.860.880.17-0.770.80.63
0.910.84-0.60.940.670.760.930.930.860.950.610.870.970.570.780.390.240.660.910.920.80.23-0.690.820.67
0.420.32-0.870.520.860.850.510.690.750.590.610.390.560.830.23-0.020.220.150.480.810.310.28-0.150.90.69
0.890.83-0.460.830.560.640.890.780.770.90.870.390.880.450.830.170.080.670.880.760.830.07-0.940.680.62
0.940.88-0.510.950.610.690.950.870.770.960.970.560.880.480.830.40.20.70.940.870.840.18-0.740.770.58
0.360.25-0.960.380.930.910.460.770.870.540.570.830.450.480.17-0.110.310.060.450.830.280.4-0.180.870.91
0.960.96-0.220.790.370.460.920.650.570.880.780.230.830.830.170.37-0.050.960.920.560.98-0.09-0.780.450.33
0.410.540.00.310.080.150.260.350.110.220.39-0.020.170.4-0.110.37-0.10.410.270.230.39-0.13-0.06-0.01-0.04
0.06-0.06-0.130.230.060.090.180.220.240.180.240.220.080.20.31-0.05-0.1-0.090.190.3-0.020.99-0.030.330.24
0.890.91-0.110.690.260.350.820.540.470.770.660.150.670.70.060.960.41-0.090.830.420.95-0.14-0.620.30.23
0.970.9-0.450.90.560.641.00.820.770.970.910.480.880.940.450.920.270.190.830.790.930.16-0.770.710.55
0.750.65-0.840.80.880.920.810.960.950.860.920.810.760.870.830.560.230.30.420.790.630.34-0.530.960.84
0.970.97-0.320.790.460.550.920.710.670.880.80.310.830.840.280.980.39-0.020.950.930.63-0.05-0.750.510.44
0.03-0.1-0.220.190.140.160.160.250.280.170.230.280.070.180.4-0.09-0.130.99-0.140.160.34-0.050.010.370.31
-0.78-0.740.19-0.72-0.29-0.37-0.78-0.53-0.54-0.77-0.69-0.15-0.94-0.74-0.18-0.78-0.06-0.03-0.62-0.77-0.53-0.750.01-0.46-0.4
0.630.5-0.880.730.890.910.730.870.90.80.820.90.680.770.870.45-0.010.330.30.710.960.510.37-0.460.81
0.510.42-0.860.460.860.870.570.80.930.630.670.690.620.580.910.33-0.040.240.230.550.840.440.31-0.40.81
Click cells to compare fundamentals

Sangamo Therapeutics Account Relationship Matchups

Sangamo Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets637.5M938.6M721.9M562.5M165.3M218.1M
Total Stockholder Equity432.7M497.4M375.3M295.0M82.9M144.6M
Retained Earnings(657.0M)(778.0M)(956.3M)(1.1B)(1.4B)(1.3B)
Other Assets10.6M15.1M16.8M18.5M1.00.95
Common Stock Shares Outstanding112.1M134.4M144.6M154.3M174.4M183.2M
Liabilities And Stockholders Equity637.5M938.6M721.9M562.5M165.3M218.1M
Other Stockholder Equity1.1B1.3B1.3B1.5B1.5B1.6B
Total Liab204.8M441.2M346.6M267.6M82.4M73.5M
Short Long Term Debt Total44.4M42.1M48.1M43.1M38.1M30.0M
Other Current Liab21.3M30.7M28.4M33.4M27.9M29.3M
Total Current Liabilities69.9M143.5M127.9M111.7M47.7M34.0M
Property Plant And Equipment Net107.2M112.4M124.7M125.5M52.9M29.2M
Accounts Payable6.7M12.6M9.8M22.4M15.3M16.0M
Cash80.4M131.3M178.9M100.4M45.2M45.0M
Non Current Assets Total232.0M278.9M323.2M262.2M71.0M68.1M
Non Currrent Assets Other4.0M7.9M10.2M12.3M16.6M17.5M
Cash And Short Term Investments385.0M692.0M464.7M277.6M81.0M77.0M
Net Receivables37.6M6.3M6.4M4.5M1.3M1.3M
Common Stock Total Equity1.2M1.4M1.5M1.7M1.5M1.4M
Short Term Investments282.0M510.1M197.7M177.2M35.8M34.0M
Non Current Liabilities Total134.9M297.6M218.7M155.8M34.7M57.7M
Property Plant And Equipment Gross107.2M112.4M149.7M162.1M103.9M109.1M
Total Current Assets405.5M659.7M398.8M300.3M94.3M175.7M
Accumulated Other Comprehensive Income(2.4M)5.4M(4.0M)(8.4M)(4.6M)(4.4M)
Common Stock1.2M1.4M1.5M1.7M1.8M1.7M
Net Debt(36.0M)(89.2M)(130.8M)(57.3M)(7.1M)(7.5M)
Other Current Assets5.4M12.0M15.9M18.2M12M12.6M
Property Plant Equipment29.9M41.3M51.5M63.5M73.1M76.7M
Current Deferred Revenue38.7M96.6M85.7M51.8M59.5M62.5M
Intangible Assets53.2M58.1M53.8M50.7M58.3M61.3M
Other Liab93.7M259.2M174.6M116.9M134.4M141.1M
Net Tangible Assets340.1M397.3M281.9M206.7M237.7M227.0M
Retained Earnings Total Equity(657.0M)(778.0M)(956.3M)(1.1B)(1.0B)(982.0M)
Capital Surpluse1.1B1.3B1.3B1.5B1.7B873.1M
Inventory(22.5M)(50.5M)(88.2M)1.00.90.95
Deferred Long Term Liab6.6M7.2M6.6M6.3M7.2M9.3M

Currently Active Assets on Macroaxis

When determining whether Sangamo Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sangamo Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sangamo Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sangamo Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Sangamo Stock analysis

When running Sangamo Therapeutics' price analysis, check to measure Sangamo 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 Sangamo Therapeutics is operating at the current time. Most of Sangamo Therapeutics' value examination focuses on studying past and present price action to predict the probability of Sangamo Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sangamo Therapeutics' price. Additionally, you may evaluate how the addition of Sangamo Therapeutics to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is Sangamo Therapeutics' 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 Sangamo Therapeutics. If investors know Sangamo 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 Sangamo Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.48)
Revenue Per Share
1.01
Quarterly Revenue Growth
(0.93)
Return On Assets
(0.18)
Return On Equity
(1.36)
The market value of Sangamo Therapeutics is measured differently than its book value, which is the value of Sangamo that is recorded on the company's balance sheet. Investors also form their own opinion of Sangamo Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sangamo Therapeutics' 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 Sangamo Therapeutics' market value can be influenced by many factors that don't directly affect Sangamo Therapeutics' 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 Sangamo Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangamo Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangamo Therapeutics' 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.