Annexon Non Current Assets Total vs Total Current Liabilities Analysis

ANNX Stock  USD 5.74  0.15  2.55%   
Annexon financial indicator trend analysis is way more than just evaluating Annexon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Annexon is a good investment. Please check the relationship between Annexon Non Current Assets Total and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Annexon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Annexon Stock please use our How to Invest in Annexon guide.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Annexon Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Annexon's Non Current Assets Total and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Annexon, assuming nothing else is changed. The correlation between historical values of Annexon's Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Annexon are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Annexon's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Annexon balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Annexon 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.
Most indicators from Annexon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annexon 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 Annexon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Annexon Stock please use our How to Invest in Annexon guide.Tax Provision is likely to drop to -6,038 in 2024. Selling General Administrative is likely to drop to about 19.2 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.1M2.1M3.3M1.7M
Interest Income390K3.7M9.7M10.2M

Annexon fundamental ratios Correlations

0.770.91.0-0.950.96-0.790.810.920.721.0-0.880.920.790.811.00.840.660.75-0.790.750.620.960.720.660.89
0.770.730.75-0.770.73-0.790.490.810.390.76-0.730.790.740.680.760.750.320.64-0.70.640.510.830.790.560.74
0.90.730.85-0.890.85-0.860.950.70.660.86-0.820.90.880.980.860.820.870.96-0.50.960.580.940.830.91.0
1.00.750.85-0.940.96-0.750.760.940.721.0-0.870.890.740.751.00.820.60.69-0.830.690.620.930.680.580.84
-0.95-0.77-0.89-0.94-0.870.82-0.81-0.87-0.6-0.940.97-0.89-0.8-0.82-0.94-0.83-0.67-0.770.7-0.78-0.8-0.92-0.83-0.66-0.87
0.960.730.850.96-0.87-0.830.760.90.640.96-0.80.950.830.760.960.90.620.72-0.850.720.510.930.660.640.86
-0.79-0.79-0.86-0.750.82-0.83-0.73-0.72-0.25-0.760.78-0.96-0.99-0.86-0.76-0.98-0.66-0.860.64-0.86-0.57-0.88-0.91-0.81-0.87
0.810.490.950.76-0.810.76-0.730.530.70.77-0.740.790.780.940.770.690.950.93-0.320.930.540.820.70.880.94
0.920.810.70.94-0.870.9-0.720.530.520.94-0.820.840.670.590.940.80.370.52-0.940.520.590.870.660.410.68
0.720.390.660.72-0.60.64-0.250.70.520.72-0.520.470.30.560.720.290.540.49-0.350.480.290.610.20.420.66
1.00.760.861.0-0.940.96-0.760.770.940.72-0.880.90.750.761.00.820.610.7-0.820.70.610.940.680.590.85
-0.88-0.73-0.82-0.870.97-0.80.78-0.74-0.82-0.52-0.88-0.83-0.76-0.75-0.88-0.79-0.6-0.70.65-0.71-0.83-0.82-0.78-0.58-0.8
0.920.790.90.89-0.890.95-0.960.790.840.470.9-0.830.960.850.90.980.680.83-0.770.830.570.940.820.760.91
0.790.740.880.74-0.80.83-0.990.780.670.30.75-0.760.960.890.750.970.730.89-0.590.890.520.880.880.850.9
0.810.680.980.75-0.820.76-0.860.940.590.560.76-0.750.850.890.760.790.910.99-0.370.990.490.890.840.970.97
1.00.760.861.0-0.940.96-0.760.770.940.721.0-0.880.90.750.760.820.610.7-0.820.70.610.940.680.60.85
0.840.750.820.82-0.830.9-0.980.690.80.290.82-0.790.980.970.790.820.610.78-0.770.780.550.890.840.720.83
0.660.320.870.6-0.670.62-0.660.950.370.540.61-0.60.680.730.910.610.610.92-0.140.920.40.720.660.910.85
0.750.640.960.69-0.770.72-0.860.930.520.490.7-0.70.830.890.990.70.780.92-0.321.00.460.860.840.980.96
-0.79-0.7-0.5-0.830.7-0.850.64-0.32-0.94-0.35-0.820.65-0.77-0.59-0.37-0.82-0.77-0.14-0.32-0.31-0.46-0.72-0.49-0.21-0.5
0.750.640.960.69-0.780.72-0.860.930.520.480.7-0.710.830.890.990.70.780.921.0-0.310.490.860.860.980.96
0.620.510.580.62-0.80.51-0.570.540.590.290.61-0.830.570.520.490.610.550.40.46-0.460.490.550.70.310.54
0.960.830.940.93-0.920.93-0.880.820.870.610.94-0.820.940.880.890.940.890.720.86-0.720.860.550.840.790.93
0.720.790.830.68-0.830.66-0.910.70.660.20.68-0.780.820.880.840.680.840.660.84-0.490.860.70.840.780.81
0.660.560.90.58-0.660.64-0.810.880.410.420.59-0.580.760.850.970.60.720.910.98-0.210.980.310.790.780.91
0.890.741.00.84-0.870.86-0.870.940.680.660.85-0.80.910.90.970.850.830.850.96-0.50.960.540.930.810.91
Click cells to compare fundamentals

Annexon Account Relationship Matchups

Annexon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9M355.9M287.0M285.1M297.7M209.3M
Other Current Liab2.6M6.9M139K13.6M10.3M5.6M
Total Current Liabilities4.9M10.6M21.7M22.4M17.9M13.2M
Total Stockholder Equity43.5M344.3M231.9M231.2M250.6M179.5M
Net Tangible Assets(100.5M)344.3M231.9M231.2M265.9M279.2M
Retained Earnings(102.6M)(166.0M)(296.3M)(438.3M)(572.5M)(543.9M)
Accounts Payable2.4M3.7M11.2M7.4M5.5M5.2M
Cash43.9M268.6M74.8M140.0M225.1M125.7M
Other Assets98K0.01.2M1.0M1.00.95
Cash And Short Term Investments43.9M351.2M242.7M242.7M259.7M186.6M
Capital Surpluse2.2M510.3M528.4M669.8M770.2M808.8M
Other Stockholder Equity2.2M154.4M528.4M669.8M823.0M864.2M
Total Liab6.4M11.7M55.1M53.9M47.1M29.8M
Total Current Assets45.4M354.0M247.7M248.1M263.9M190.1M
Property Plant Equipment2.1M1.9M38.2M16.8M19.4M11.8M
Property Plant And Equipment Net2.1M1.9M38.2M36.0M32.8M20.8M
Net Debt(43.9M)(268.6M)(40.3M)(107.2M)(193.8M)(184.1M)
Non Current Assets Total4.5M1.9M39.3M37.0M33.8M21.8M
Common Stock Shares Outstanding38.2M17.0M38.3M54.7M75.7M43.1M
Liabilities And Stockholders Equity49.9M355.9M287.0M285.1M297.7M242.7M
Non Current Liabilities Total1.4M1.0M33.4M31.5M29.2M19.0M
Other Current Assets1.4M2.8M5.0M5.4M4.1M3.7M
Net Invested Capital(100.5M)344.3M231.9M231.2M250.6M163.8M
Property Plant And Equipment Gross2.1M1.9M38.2M36.0M37.8M21.7M
Accumulated Other Comprehensive Income(80K)(77K)(180K)(372K)(52K)(54.6K)
Capital Stock144.0M38K39K48K78K74.1K
Net Working Capital40.5M343.4M225.9M225.7M245.9M206.0M

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