Inhibrx Current Assets Trend from 2010 to 2021

INBX -  USA Stock  

USD 42.81  4.48  11.69%

Inhibrx Current Assets yearly trend continues to be fairly stable with very little volatility. Current Assets are likely to outpace its year average in 2021. During the period from 2010 to 2021, Inhibrx Current Assets regression line of anual values had slope of 9,490,940 and arithmetic mean of  28,437,719.

Inhibrx Historical Trends 

 
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Check Inhibrx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inhibrx main balance sheet or income statement drivers, such as Gross Profit of 13.5 M, Interest Expense of 9.2 M or Net Income to Non Controlling Interests of 127.1 K, as well as many exotic indicators such as Asset Turnover of 0.15, Book Value per Share of 3.23 or Current Ratio of 4.54. Inhibrx financial statements analysis is a perfect complement when working with Inhibrx Valuation or Volatility modules. It can also supplement various Inhibrx Technical models. Please see the analysis of Inhibrx Correlation against competitors.

Inhibrx Quarterly Current Assets

119.03 MillionShare

Inhibrx Current Assets Breakdown

Showing smoothed Current Assets of Inhibrx with missing and latest data points interpolated. Current assets of Inhibrx include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Inhibrx. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.Inhibrx's Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inhibrx's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10 Years Trend
Increasing
Slightly volatile
 Current Assets 
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      Timeline 

Inhibrx Current Assets Regression Statistics

Arithmetic Mean 28,437,719
Geometric Mean 10,472,476
Coefficient Of Variation 179.40
Mean Deviation 36,317,199
Median 5,657,000
Standard Deviation 51,018,537
Range 136,949,632
R-Value 0.67
R-Squared 0.45
Significance 0.016964
Slope 9,490,940

Inhibrx Current Assets History

201915.6 M
2020132.2 M
2021142.6 M

About Inhibrx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Inhibrx income statement, its balance sheet, and the statement of cash flows. Inhibrx investors use historical funamental indicators, such as Inhibrx's Current Assets, to determine how well the company is positioned to perform in the future. Although Inhibrx investors may use each financial statement separately, they are all related. The changes in Inhibrx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Inhibrx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Inhibrx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Inhibrx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Current Assets132.2 M142.6 M
Average Assets85.1 M74.7 M
Inhibrx, Inc., a clinical-stage biotechnology company, focuses on developing a pipeline of novel biologic therapeutic candidates. Inhibrx, Inc. was founded in 2010 and is headquartered in La Jolla, California. Inhibrx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 84 people.

Inhibrx Investors Sentiment

The influence of Inhibrx's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Inhibrx. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Inhibrx in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Inhibrx's short interest history, or implied volatility extrapolated from Inhibrx options trading.

Current Sentiment - INBX

Inhibrx Investor Sentiment

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Please see the analysis of Inhibrx Correlation against competitors. Note that the Inhibrx information on this page should be used as a complementary analysis to other Inhibrx'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Inhibrx price analysis, check to measure Inhibrx'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 Inhibrx is operating at the current time. Most of Inhibrx's value examination focuses on studying past and present price action to predict the probability of Inhibrx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Inhibrx's price. Additionally, you may evaluate how the addition of Inhibrx to your portfolios can decrease your overall portfolio volatility.
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Is Inhibrx'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 Inhibrx. If investors know Inhibrx 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 Inhibrx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Inhibrx is measured differently than its book value, which is the value of Inhibrx that is recorded on the company's balance sheet. Investors also form their own opinion of Inhibrx's value that differs from its market value or its book value, called intrinsic value, which is Inhibrx'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 Inhibrx's market value can be influenced by many factors that don't directly affect Inhibrx'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 Inhibrx's value and its price as these two are different measures arrived at by different means. Investors typically determine Inhibrx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inhibrx'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.