AnnexonInc Total Stockholder Equity vs Total Current Liabilities Analysis

ANNX Stock  USD 4.83  0.10  2.11%   
AnnexonInc financial indicator trend analysis is way more than just evaluating AnnexonInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AnnexonInc is a good investment. Please check the relationship between AnnexonInc Total Stockholder Equity and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnnexonInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy AnnexonInc Stock please use our How to Invest in AnnexonInc guide.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AnnexonInc Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AnnexonInc's Total Stockholder Equity and Total Current Liabilities is 0.85. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of AnnexonInc, assuming nothing else is changed. The correlation between historical values of AnnexonInc's Total Stockholder Equity 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 Total Stockholder Equity of AnnexonInc 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 Total Stockholder Equity i.e., AnnexonInc's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on AnnexonInc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AnnexonInc 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 AnnexonInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AnnexonInc 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 AnnexonInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy AnnexonInc Stock please use our How to Invest in AnnexonInc 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

AnnexonInc 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

AnnexonInc Account Relationship Matchups

AnnexonInc 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 determining whether AnnexonInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AnnexonInc'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 Annexoninc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Annexoninc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnnexonInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy AnnexonInc Stock please use our How to Invest in AnnexonInc guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is AnnexonInc'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 AnnexonInc. If investors know AnnexonInc 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 AnnexonInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.46)
Return On Assets
(0.29)
Return On Equity
(0.51)
The market value of AnnexonInc is measured differently than its book value, which is the value of AnnexonInc that is recorded on the company's balance sheet. Investors also form their own opinion of AnnexonInc's value that differs from its market value or its book value, called intrinsic value, which is AnnexonInc'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 AnnexonInc's market value can be influenced by many factors that don't directly affect AnnexonInc'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 AnnexonInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AnnexonInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AnnexonInc'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.