Allogene Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

ALLO Stock  USD 3.01  0.03  1.01%   
Allogene Therapeutics financial indicator trend analysis is way more than just evaluating Allogene Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allogene Therapeutics is a good investment. Please check the relationship between Allogene Therapeutics Common Stock Total Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allogene 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 bureau of economic analysis.
To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.

Common Stock Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allogene Therapeutics Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Allogene Therapeutics' Common Stock Total Equity and Common Stock Shares Outstanding is 0.17. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Allogene Therapeutics, assuming nothing else is changed. The correlation between historical values of Allogene Therapeutics' Common Stock Total Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Allogene Therapeutics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Allogene Therapeutics' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Allogene Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allogene 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allogene 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 bureau of economic analysis.
To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 792.18, while Selling General Administrative is likely to drop about 61.1 M.
 2021 2022 2023 2024 (projected)
Interest Income1.7M4.6M14.8M15.5M
Net Interest Income1.7M4.6M14.8M9.2M

Allogene Therapeutics fundamental ratios Correlations

0.970.970.97-0.80.950.230.930.980.970.970.940.77-0.850.920.230.58-0.310.040.37-0.870.840.760.790.930.85
0.970.950.94-0.710.870.190.860.940.950.960.870.67-0.790.860.110.75-0.270.20.24-0.790.790.660.640.910.81
0.970.950.99-0.710.930.030.830.941.00.970.930.64-0.740.820.150.57-0.280.120.36-0.780.740.630.710.890.73
0.970.940.99-0.780.970.10.880.960.990.980.960.71-0.790.850.260.55-0.340.030.38-0.810.80.70.740.880.78
-0.8-0.71-0.71-0.78-0.85-0.51-0.92-0.88-0.71-0.73-0.88-0.960.97-0.91-0.73-0.210.70.45-0.460.95-0.91-0.95-0.85-0.71-0.93
0.950.870.930.97-0.850.170.920.970.930.941.00.82-0.850.880.410.39-0.38-0.20.36-0.850.840.810.830.820.85
0.230.190.030.1-0.510.170.530.290.030.050.180.61-0.550.560.370.12-0.29-0.240.35-0.570.610.60.480.360.59
0.930.860.830.88-0.920.920.530.960.830.840.920.93-0.940.980.440.44-0.41-0.190.46-0.960.970.920.880.870.96
0.980.940.940.96-0.880.970.290.960.940.950.970.86-0.910.940.360.49-0.38-0.120.35-0.910.890.850.820.880.92
0.970.951.00.99-0.710.930.030.830.940.970.930.64-0.740.820.150.57-0.280.120.36-0.780.740.630.710.890.73
0.970.960.970.98-0.730.940.050.840.950.970.940.67-0.790.810.230.6-0.320.030.18-0.750.730.660.70.90.76
0.940.870.930.96-0.881.00.180.920.970.930.940.84-0.870.880.460.37-0.44-0.230.37-0.860.850.830.830.820.85
0.770.670.640.71-0.960.820.610.930.860.640.670.84-0.940.930.650.15-0.52-0.480.44-0.940.931.00.870.670.96
-0.85-0.79-0.74-0.790.97-0.85-0.55-0.94-0.91-0.74-0.79-0.87-0.94-0.94-0.65-0.350.640.37-0.310.94-0.9-0.94-0.85-0.81-0.96
0.920.860.820.85-0.910.880.560.980.940.820.810.880.93-0.940.410.41-0.42-0.160.5-0.980.950.920.880.870.96
0.230.110.150.26-0.730.410.370.440.360.150.230.460.65-0.650.41-0.32-0.87-0.860.18-0.510.450.640.560.190.51
0.580.750.570.55-0.210.390.120.440.490.570.60.370.15-0.350.41-0.320.030.65-0.12-0.310.420.140.060.630.4
-0.31-0.27-0.28-0.340.7-0.38-0.29-0.41-0.38-0.28-0.32-0.44-0.520.64-0.42-0.870.030.53-0.240.53-0.42-0.5-0.45-0.33-0.46
0.040.20.120.030.45-0.2-0.24-0.19-0.120.120.03-0.23-0.480.37-0.16-0.860.650.53-0.010.24-0.17-0.48-0.430.1-0.27
0.370.240.360.38-0.460.360.350.460.350.360.180.370.44-0.310.50.18-0.12-0.24-0.01-0.590.540.420.540.30.35
-0.87-0.79-0.78-0.810.95-0.85-0.57-0.96-0.91-0.78-0.75-0.86-0.940.94-0.98-0.51-0.310.530.24-0.59-0.95-0.94-0.89-0.81-0.94
0.840.790.740.8-0.910.840.610.970.890.740.730.850.93-0.90.950.450.42-0.42-0.170.54-0.950.920.790.750.96
0.760.660.630.7-0.950.810.60.920.850.630.660.831.0-0.940.920.640.14-0.5-0.480.42-0.940.920.870.660.96
0.790.640.710.74-0.850.830.480.880.820.710.70.830.87-0.850.880.560.06-0.45-0.430.54-0.890.790.870.790.8
0.930.910.890.88-0.710.820.360.870.880.890.90.820.67-0.810.870.190.63-0.330.10.3-0.810.750.660.790.76
0.850.810.730.78-0.930.850.590.960.920.730.760.850.96-0.960.960.510.4-0.46-0.270.35-0.940.960.960.80.76
Click cells to compare fundamentals

Allogene Therapeutics Account Relationship Matchups

Allogene Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets717.8M1.2B1.0B817.1M642.8M820.0M
Other Current Liab23.8M42.0M34.3M33.7M24.3M27.5M
Total Current Liabilities33.1M94.3M48.2M54.5M37.1M46.6M
Total Stockholder Equity629.0M1.1B916.4M665.9M512.2M708.1M
Net Tangible Assets628.9M1.1B916.4M665.9M765.8M732.1M
Retained Earnings(396.1M)(646.3M)(903.3M)(1.2B)(1.6B)(1.5B)
Accounts Payable9.3M10.4M10.3M13.9M5.9M9.7M
Cash588.9M1.0B809.5M576.5M83.2M79.0M
Non Current Assets Total173.2M382.7M229.2M288.3M183.7M245.6M
Non Currrent Assets Other8.9M14.6M(322.1M)32.7M16.9M17.7M
Common Stock Total Equity121K124K140K142K163.3K121.7K
Common Stock Shares Outstanding101.1M120.4M135.8M143.1M156.9M125.7M
Short Term Investments355.4M644.6M284.0M455.4M365.5M388.4M
Non Current Liabilities Total55.7M53.9M74.1M96.7M93.5M65.2M
Other Stockholder Equity1.0B1.7B1.8B1.9B2.1B1.4B
Total Liab88.8M148.2M122.2M151.2M130.6M111.8M
Net Invested Capital629.0M1.1B916.4M665.9M512.2M708.1M
Long Term Investments63.2M204.2M352.2M72.0M3.6M3.5M
Total Current Assets544.6M845.1M809.5M528.8M459.1M574.4M
Net Working Capital511.5M750.8M423.1M474.3M422.0M474.6M
Common Stock124K140K142K144K169K136.1K
Short Long Term Debt Total51.3M53.8M69.9M95.1M95.1M73.3M
Other Liab4.4M3.1M4.1M1.6M1.4M1.3M
Property Plant And Equipment Net100.9M160.1M181.0M196.4M163.2M154.6M
Net Debt(537.5M)(978.3M)(739.6M)(481.3M)12.0M12.6M
Other Assets8.9M263.9M16.1M16.9M19.4M18.4M
Cash And Short Term Investments588.9M1.0B809.5M576.5M448.7M556.9M
Net Receivables2.4M2.8M6M3.3M3.8M3.9M
Liabilities And Stockholders Equity717.8M1.2B1.0B817.1M642.8M695.7M
Capital Lease Obligations51.3M53.8M69.9M101.1M95.1M74.4M
Inventory(60.7M)(207.0M)(20.0M)(62.5M)(71.8M)(75.4M)
Other Current Assets14.0M17.2M14.0M11.5M10.4M13.3M
Property Plant And Equipment Gross56.4M160.1M123.0M233.3M214.3M145.9M
Accumulated Other Comprehensive Income1.1M268K(2.6M)(9.9M)(955K)(1.0M)
Capital Stock124K140K142K144K169K154K
Non Current Liabilities Other4.4M53.9M74.1M1.6M5.2M4.9M
Property Plant Equipment100.9M118.8M123.0M196.4M225.9M127.8M

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When determining whether Allogene Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allogene 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 Allogene Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allogene Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allogene 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 bureau of economic analysis.
To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Allogene 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 Allogene Therapeutics. If investors know Allogene 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 Allogene 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
(1.78)
Revenue Per Share
0.001
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.27)
Return On Equity
(0.55)
The market value of Allogene Therapeutics is measured differently than its book value, which is the value of Allogene that is recorded on the company's balance sheet. Investors also form their own opinion of Allogene Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Allogene 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 Allogene Therapeutics' market value can be influenced by many factors that don't directly affect Allogene 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 Allogene Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allogene Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allogene 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.