AnaptysBio Total Current Liabilities vs Return On Assets Analysis

ANAB Stock

USD 26.34 0.32 1.23%

AnaptysBio financial indicator trend analysis is way more than just evaluating AnaptysBio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AnaptysBio is a good investment. Please check the relationship between AnaptysBio Total Current Liabilities and its Return On Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnaptysBio. 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.

For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.

Total Current Liabilities vs Return On Assets

Total Current Liabilities vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AnaptysBio Total Current Liabilities account and Return On Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between AnaptysBio's Total Current Liabilities and Return On Assets is 0.55. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Return On Assets in the same time period over historical financial statements of AnaptysBio, assuming nothing else is changed. The correlation between historical values of AnaptysBio's Total Current Liabilities and Return On 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 Current Liabilities of AnaptysBio are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Total Current Liabilities i.e., AnaptysBio's Total Current Liabilities and Return On Assets go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on AnaptysBio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AnaptysBio are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.

Most indicators from AnaptysBio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AnaptysBio 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 AnaptysBio. 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.

For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.At present, AnaptysBio's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 2.57, whereas Tax Provision is forecasted to decline to (4.2 K).

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	21.1M	18.1M	19.0M
Depreciation And Amortization	468K	7.6M	2.4M	2.8M

Interest Expense Depreciation And Amortization

AnaptysBio fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.66	0.56	0.82	0.82	0.69	0.8	-0.64	-0.72	0.5	0.66	0.86	-0.18	0.99	0.79	-0.46	0.62	0.75	0.78	0.65	0.64	0.99	0.45	0.79	0.66	0.93
Short Long Term Debt Total	0.66		0.52	0.49	0.28	0.76	0.49	-0.32	-0.58	0.0	0.37	0.72	0.05	0.61	0.35	-0.52	0.75	0.6	0.57	0.74	0.72	0.62	0.26	0.3	0.57	0.64
Other Current Liab	0.56	0.52		0.64	0.08	0.85	0.53	-0.11	-0.96	0.11	0.14	0.44	-0.23	0.56	0.53	-0.28	0.9	0.79	0.91	0.91	0.91	0.57	-0.09	0.46	0.97	0.78
Total Current Liabilities	0.82	0.49	0.64		0.59	0.57	0.87	-0.27	-0.8	0.68	0.3	0.63	-0.11	0.82	0.77	-0.51	0.59	0.8	0.71	0.62	0.6	0.83	0.32	0.7	0.63	0.85
Total Stockholder Equity	0.82	0.28	0.08	0.59		0.17	0.64	-0.67	-0.27	0.6	0.68	0.64	-0.06	0.84	0.62	-0.41	0.08	0.43	0.39	0.11	0.11	0.83	0.6	0.68	0.2	0.64
Property Plant And Equipment Net	0.69	0.76	0.85	0.57	0.17		0.54	-0.35	-0.87	0.06	0.39	0.67	-0.26	0.66	0.55	-0.24	0.98	0.73	0.87	0.98	0.98	0.67	-0.01	0.52	0.89	0.8
Current Deferred Revenue	0.8	0.49	0.53	0.87	0.64	0.54		-0.51	-0.66	0.52	0.53	0.59	-0.12	0.82	0.71	-0.63	0.51	0.65	0.69	0.54	0.52	0.82	0.18	0.68	0.59	0.76
Net Debt	-0.64	-0.32	-0.11	-0.27	-0.67	-0.35	-0.51		0.2	-0.26	-1.0	-0.36	-0.01	-0.68	-0.39	0.27	-0.19	-0.21	-0.46	-0.19	-0.26	-0.68	-0.06	-0.44	-0.3	-0.46
Retained Earnings	-0.72	-0.58	-0.96	-0.8	-0.27	-0.87	-0.66	0.2		-0.35	-0.24	-0.58	0.21	-0.71	-0.66	0.33	-0.91	-0.88	-0.92	-0.93	-0.92	-0.72	-0.07	-0.6	-0.94	-0.89
Accounts Payable	0.5	0.0	0.11	0.68	0.6	0.06	0.52	-0.26	-0.35		0.25	0.31	0.24	0.52	0.41	-0.33	0.05	0.4	0.23	0.09	0.08	0.52	0.26	0.41	0.09	0.46
Cash	0.66	0.37	0.14	0.3	0.68	0.39	0.53	-1.0	-0.24	0.25		0.4	0.01	0.71	0.4	-0.29	0.24	0.24	0.49	0.24	0.3	0.7	0.07	0.45	0.33	0.5
Non Current Assets Total	0.86	0.72	0.44	0.63	0.64	0.67	0.59	-0.36	-0.58	0.31	0.4		-0.23	0.8	0.65	-0.35	0.62	0.57	0.61	0.63	0.59	0.8	0.48	0.68	0.52	0.76
Non Currrent Assets Other	-0.18	0.05	-0.23	-0.11	-0.06	-0.26	-0.12	-0.01	0.21	0.24	0.01	-0.23		-0.16	-0.64	-0.41	-0.23	-0.19	-0.23	-0.23	-0.26	-0.16	-0.31	-0.66	-0.25	-0.27
Cash And Short Term Investments	0.99	0.61	0.56	0.82	0.84	0.66	0.82	-0.68	-0.71	0.52	0.71	0.8	-0.16		0.79	-0.46	0.59	0.75	0.79	0.62	0.62	1.0	0.42	0.79	0.66	0.93
Common Stock Total Equity	0.79	0.35	0.53	0.77	0.62	0.55	0.71	-0.39	-0.66	0.41	0.4	0.65	-0.64	0.79		-0.04	0.51	0.64	0.67	0.53	0.54	0.79	0.44	0.98	0.59	0.8
Common Stock Shares Outstanding	-0.46	-0.52	-0.28	-0.51	-0.41	-0.24	-0.63	0.27	0.33	-0.33	-0.29	-0.35	-0.41	-0.46	-0.04		-0.26	-0.45	-0.32	-0.29	-0.25	-0.47	-0.21	-0.03	-0.27	-0.43
Non Current Liabilities Total	0.62	0.75	0.9	0.59	0.08	0.98	0.51	-0.19	-0.91	0.05	0.24	0.62	-0.23	0.59	0.51	-0.26		0.76	0.86	1.0	0.99	0.6	-0.02	0.46	0.9	0.78
Other Current Assets	0.75	0.6	0.79	0.8	0.43	0.73	0.65	-0.21	-0.88	0.4	0.24	0.57	-0.19	0.75	0.64	-0.45	0.76		0.76	0.79	0.79	0.76	0.42	0.59	0.75	0.91
Other Stockholder Equity	0.78	0.57	0.91	0.71	0.39	0.87	0.69	-0.46	-0.92	0.23	0.49	0.61	-0.23	0.79	0.67	-0.32	0.86	0.76		0.87	0.87	0.79	-0.03	0.65	0.97	0.88
Total Liab	0.65	0.74	0.91	0.62	0.11	0.98	0.54	-0.19	-0.93	0.09	0.24	0.63	-0.23	0.62	0.53	-0.29	1.0	0.79	0.87		0.99	0.62	0.01	0.48	0.91	0.81
Property Plant And Equipment Gross	0.64	0.72	0.91	0.6	0.11	0.98	0.52	-0.26	-0.92	0.08	0.3	0.59	-0.26	0.62	0.54	-0.25	0.99	0.79	0.87	0.99		0.63	0.0	0.49	0.91	0.81
Total Current Assets	0.99	0.62	0.57	0.83	0.83	0.67	0.82	-0.68	-0.72	0.52	0.7	0.8	-0.16	1.0	0.79	-0.47	0.6	0.76	0.79	0.62	0.63		0.42	0.79	0.67	0.93
Short Term Debt	0.45	0.26	-0.09	0.32	0.6	-0.01	0.18	-0.06	-0.07	0.26	0.07	0.48	-0.31	0.42	0.44	-0.21	-0.02	0.42	-0.03	0.01	0.0	0.42		0.47	-0.09	0.41
Common Stock	0.79	0.3	0.46	0.7	0.68	0.52	0.68	-0.44	-0.6	0.41	0.45	0.68	-0.66	0.79	0.98	-0.03	0.46	0.59	0.65	0.48	0.49	0.79	0.47		0.55	0.79
Other Liab	0.66	0.57	0.97	0.63	0.2	0.89	0.59	-0.3	-0.94	0.09	0.33	0.52	-0.25	0.66	0.59	-0.27	0.9	0.75	0.97	0.91	0.91	0.67	-0.09	0.55		0.81
Net Tangible Assets	0.93	0.64	0.78	0.85	0.64	0.8	0.76	-0.46	-0.89	0.46	0.5	0.76	-0.27	0.93	0.8	-0.43	0.78	0.91	0.88	0.81	0.81	0.93	0.41	0.79	0.81

Click cells to compare fundamentals

AnaptysBio Account Relationship Matchups

AnaptysBio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	435.2M	416.6M	643.1M	610.4M	452.4M	354.3M
Short Long Term Debt Total	2.2M	342K	21.0M	19.5M	17.8M	10.8M
Other Current Liab	871K	15.3M	12.9M	21.6M	31.0M	32.5M
Total Current Liabilities	29.5M	19.8M	16.1M	26.1M	37.4M	19.3M
Total Stockholder Equity	405.0M	396.7M	356.4M	262.1M	88.1M	83.7M
Property Plant And Equipment Net	1.6M	1.8M	21.8M	20.0M	18.3M	19.2M
Net Debt	(168.8M)	(250.1M)	(474.8M)	(51.9M)	(18.2M)	(19.1M)
Retained Earnings	(244.0M)	(264.0M)	(321.8M)	(450.5M)	(614.1M)	(583.4M)
Accounts Payable	16.2M	4.2M	1.7M	2.8M	4.7M	4.2M
Cash	171.0M	250.5M	495.7M	71.3M	36.0M	34.2M
Non Current Assets Total	57.5M	20.0M	89.2M	163.2M	45.6M	53.5M
Non Currrent Assets Other	208K	1.5M	662K	256K	230.4K	218.9K
Cash And Short Term Investments	374.2M	393.7M	548.1M	441.2M	390.9M	295.2M
Common Stock Shares Outstanding	27.1M	27.3M	27.4M	28.2M	26.9M	21.0M
Liabilities And Stockholders Equity	435.2M	416.6M	643.1M	610.4M	452.4M	354.3M
Non Current Liabilities Total	654K	4.6M	270.5M	322.2M	326.8M	343.2M
Other Current Assets	3.5M	2.9M	4.9M	4.5M	9.1M	9.5M
Other Stockholder Equity	213.5M	660.7M	678.6M	717.8M	703.0M	738.1M
Total Liab	30.2M	19.8M	286.6M	348.3M	364.3M	382.5M
Property Plant And Equipment Gross	1.6M	1.8M	21.8M	20.0M	24.5M	25.7M
Total Current Assets	377.7M	396.6M	553.9M	447.2M	406.8M	300.8M
Accumulated Other Comprehensive Income	338K	(4K)	(422K)	(5.2M)	(797K)	(836.9K)
Short Term Debt	2.2M	342K	1.5M	1.6M	1.8M	2.3M
Other Liab	796K	654K	251.1M	304.4M	350.1M	367.6M
Net Tangible Assets	405.0M	396.7M	627.0M	584.3M	672.0M	705.6M
Other Assets	208K	139K	18.2M	256K	294.4K	279.7K
Property Plant Equipment	3.0M	1.8M	2.3M	2.1M	2.4M	1.6M
Capital Surpluse	648.7M	660.7M	678.6M	717.8M	825.5M	517.6M
Retained Earnings Total Equity	(244.0M)	(264.0M)	(321.8M)	(450.5M)	(405.4M)	(385.2M)
Short Term Investments	203.2M	143.2M	52.4M	369.9M	354.9M	252.1M
Capital Lease Obligations	871K	342K	21.0M	19.5M	17.8M	9.4M
Net Invested Capital	406.4M	396.7M	356.4M	262.1M	88.1M	83.7M
Long Term Investments	54.3M	17.5M	67.1M	142.9M	27.0M	25.7M

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 AnaptysBio 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, AnaptysBio's short interest history, or implied volatility extrapolated from AnaptysBio options trading.

Pair Trading with AnaptysBio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AnaptysBio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AnaptysBio will appreciate offsetting losses from the drop in the long position's value.

Moving against AnaptysBio Stock

0.47	IBIO	Ibio Inc	Pair Corr
0.44	DYAI	Dyadic International Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to AnaptysBio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AnaptysBio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AnaptysBio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AnaptysBio to buy it.

The correlation of AnaptysBio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AnaptysBio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AnaptysBio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for AnaptysBio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether AnaptysBio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AnaptysBio's 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 Anaptysbio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anaptysbio Stock:

How To Invest In AnaptysBio

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Is AnaptysBio Stock a good investment?

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What is AnaptysBio's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnaptysBio. 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.

For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.

Note that the AnaptysBio information on this page should be used as a complementary analysis to other AnaptysBio'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for AnaptysBio Stock analysis

When running AnaptysBio's price analysis, check to measure AnaptysBio'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 AnaptysBio is operating at the current time. Most of AnaptysBio's value examination focuses on studying past and present price action to predict the probability of AnaptysBio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AnaptysBio's price. Additionally, you may evaluate how the addition of AnaptysBio to your portfolios can decrease your overall portfolio volatility.

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Is AnaptysBio'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 AnaptysBio. If investors know AnaptysBio 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 AnaptysBio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(6.08)

Revenue Per Share

0.637

Quarterly Revenue Growth

0.323

Return On Assets

(0.18)

Return On Equity

(0.93)

The market value of AnaptysBio is measured differently than its book value, which is the value of AnaptysBio that is recorded on the company's balance sheet. Investors also form their own opinion of AnaptysBio's value that differs from its market value or its book value, called intrinsic value, which is AnaptysBio'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 AnaptysBio's market value can be influenced by many factors that don't directly affect AnaptysBio'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 AnaptysBio's value and its price as these two are different measures arrived at by different means. Investors typically determine if AnaptysBio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AnaptysBio'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.

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AnaptysBio Total Current Liabilities vs Return On Assets Analysis

Total Current Liabilities vs Return On Assets

Total Current Liabilities vs Return On Assets Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Return On Assets

AnaptysBio fundamental ratios Correlations

AnaptysBio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AnaptysBio fundamental ratios Accounts

Pair Trading with AnaptysBio

Moving against AnaptysBio Stock

Complementary Tools for AnaptysBio Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Gross	+ 0.99	Total Liab

Cash	- 1.0	Net Debt
Retained Earnings	- 0.96	Other Current Liab
Other Liab	- 0.94	Retained Earnings
Total Liab	- 0.93	Retained Earnings
Property Plant And Equipment Gross	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.92	Retained Earnings