Autolus Non Current Liabilities Total vs Return On Assets Analysis

AUTL Stock  USD 4.19  0.08  1.95%   
Autolus Therapeutics financial indicator trend analysis is way more than just evaluating Autolus Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autolus Therapeutics is a good investment. Please check the relationship between Autolus Therapeutics Non Current Liabilities Total and its Return On Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autolus 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 estimate.
For more information on how to buy Autolus Stock please use our How to buy in Autolus Stock guide.

Non Current Liabilities Total vs Return On Assets

Non Current Liabilities Total vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autolus Therapeutics Non Current Liabilities Total account and Return On Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Autolus Therapeutics' Non Current Liabilities Total and Return On Assets is -0.55. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Return On Assets in the same time period over historical financial statements of Autolus Therapeutics, assuming nothing else is changed. The correlation between historical values of Autolus Therapeutics' Non Current Liabilities Total 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 Non Current Liabilities Total of Autolus Therapeutics 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 Non Current Liabilities Total i.e., Autolus Therapeutics' Non Current Liabilities Total and Return On Assets go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

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 Autolus Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autolus 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 Autolus 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 estimate.
For more information on how to buy Autolus Stock please use our How to buy in Autolus Stock guide.Enterprise Value is expected to rise to about 882.2 M this year, although the value of Selling General Administrative will most likely fall to about 7.2 M.
 2021 2022 2024 (projected)
Depreciation And Amortization7.4M6.6M4.9M
Interest Income1.7M11.9M627K

Autolus Therapeutics fundamental ratios Correlations

0.620.950.90.94-0.780.010.980.940.350.760.99-0.810.890.770.660.660.73-0.940.76-0.070.980.630.630.90.76
0.620.720.30.46-0.74-0.010.590.520.360.890.59-0.340.860.230.280.490.32-0.590.34-0.20.590.40.450.430.74
0.950.720.750.83-0.88-0.120.880.960.550.870.9-0.840.950.780.740.640.79-0.810.8-0.10.880.660.680.830.81
0.90.30.750.96-0.470.190.940.810.110.420.93-0.720.610.750.560.580.64-0.910.67-0.030.930.50.480.910.48
0.940.460.830.96-0.570.230.960.830.240.560.96-0.730.720.690.650.490.71-0.920.74-0.170.950.620.590.970.55
-0.78-0.74-0.88-0.47-0.570.43-0.68-0.83-0.58-0.96-0.720.72-0.93-0.6-0.54-0.6-0.580.63-0.58-0.09-0.68-0.49-0.53-0.54-0.93
0.01-0.01-0.120.190.230.430.07-0.14-0.09-0.250.050.36-0.2-0.06-0.17-0.18-0.16-0.1-0.11-0.290.05-0.13-0.190.25-0.24
0.980.590.880.940.96-0.680.070.860.170.671.0-0.750.830.680.590.640.67-0.980.69-0.121.00.60.610.90.66
0.940.520.960.810.83-0.83-0.140.860.560.770.89-0.860.860.910.740.670.79-0.790.80.070.860.590.60.830.79
0.350.360.550.110.24-0.58-0.090.170.560.590.22-0.40.460.550.520.130.47-0.030.480.170.150.230.230.350.54
0.760.890.870.420.56-0.96-0.250.670.770.590.69-0.610.950.50.480.560.52-0.630.53-0.030.670.480.520.540.92
0.990.590.90.930.96-0.720.051.00.890.220.69-0.770.850.720.610.660.69-0.970.71-0.091.00.610.610.90.69
-0.81-0.34-0.84-0.72-0.730.720.36-0.75-0.86-0.4-0.61-0.77-0.72-0.73-0.86-0.45-0.890.66-0.890.15-0.77-0.73-0.74-0.77-0.53
0.890.860.950.610.72-0.93-0.20.830.860.460.950.85-0.720.60.590.650.65-0.790.66-0.090.830.620.650.680.87
0.770.230.780.750.69-0.6-0.060.680.910.550.50.72-0.730.60.640.710.66-0.60.680.290.670.370.380.70.62
0.660.280.740.560.65-0.54-0.170.590.740.520.480.61-0.860.590.640.170.99-0.450.99-0.310.590.890.880.750.31
0.660.490.640.580.49-0.6-0.180.640.670.130.560.66-0.450.650.710.170.24-0.670.260.390.640.10.170.390.71
0.730.320.790.640.71-0.58-0.160.670.790.470.520.69-0.890.650.660.990.24-0.541.0-0.320.680.910.90.80.37
-0.94-0.59-0.81-0.91-0.920.63-0.1-0.98-0.79-0.03-0.63-0.970.66-0.79-0.6-0.45-0.67-0.54-0.570.09-0.98-0.51-0.52-0.83-0.65
0.760.340.80.670.74-0.58-0.110.690.80.480.530.71-0.890.660.680.990.261.0-0.57-0.320.70.910.890.820.38
-0.07-0.2-0.1-0.03-0.17-0.09-0.29-0.120.070.17-0.03-0.090.15-0.090.29-0.310.39-0.320.09-0.32-0.13-0.51-0.46-0.260.28
0.980.590.880.930.95-0.680.051.00.860.150.671.0-0.770.830.670.590.640.68-0.980.7-0.130.620.630.890.66
0.630.40.660.50.62-0.49-0.130.60.590.230.480.61-0.730.620.370.890.10.91-0.510.91-0.510.620.990.680.26
0.630.450.680.480.59-0.53-0.190.610.60.230.520.61-0.740.650.380.880.170.9-0.520.89-0.460.630.990.650.31
0.90.430.830.910.97-0.540.250.90.830.350.540.9-0.770.680.70.750.390.8-0.830.82-0.260.890.680.650.48
0.760.740.810.480.55-0.93-0.240.660.790.540.920.69-0.530.870.620.310.710.37-0.650.380.280.660.260.310.48
Click cells to compare fundamentals

Autolus Therapeutics Account Relationship Matchups

Autolus Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets254.2M294.2M405.6M490.3M375.4M279.3M
Other Current Liab2.3M496K150K40.8M44.7M2.2M
Total Current Liabilities21.1M33.6M28.6M46.4M44.7M24.3M
Total Stockholder Equity232.6M210.0M313.3M298.7M111.5M199.4M
Net Tangible Assets232.6M209.9M313.3M298.7M267.5M213.2M
Retained Earnings(113.3M)(379.2M)(521.3M)(670.2M)(878.6M)(119.0M)
Accounts Payable2.0M2.3M431K531K103K1.9M
Cash217.5M153.3M310.3M382.4M239.6M206.2M
Net Receivables13.3M29.7M26.3M29.0M24.5M18.5M
Other Current Assets105K43.7M240K203K35.7M99.8K
Total Liab21.6M84.2M92.2M191.6M263.9M20.5M
Total Current Assets233.0M197.0M347.0M425.8M275.3M231.8M
Intangible Assets9.3M254K158K65K58.5K55.6K
Common Stock1.3K2K3K4K8K3.3K
Property Plant Equipment20.0M89.7M52.3M58.4M23.0M36.1M
Short Long Term Debt Total54.2M21.0M24.3M53.0M60.9M64.0M
Other Liab601K492K47.1M126.0M565.8K537.5K
Property Plant And Equipment Net89.7M52.3M58.4M95.7M110.0M115.5M
Net Debt(99.1M)(289.3M)(358.2M)(186.6M)(167.9M)(176.3M)
Non Current Assets Total97.3M58.6M64.5M100.1M115.1M120.8M
Cash And Short Term Investments217.5M153.3M310.3M382.4M239.6M228.3M
Common Stock Shares Outstanding51.6M72.1M95.0M173.9M200.0M210.0M
Liabilities And Stockholders Equity294.2M405.6M490.3M375.4M431.7M312.1M
Non Current Liabilities Total50.6M63.7M145.2M219.2M252.0M264.6M
Other Stockholder Equity(15.4M)595.1M843.2M1.0B1.0B(14.6M)
Property Plant And Equipment Gross20.0M89.7M75.0M86.0M124.4M19.0M
Accumulated Other Comprehensive Income(10M)(5.9M)(8.6M)(38.9M)(29.0M)(10.5M)
Net Invested Capital210.0M313.3M298.7M111.5M128.2M249.3M
Net Working Capital163.4M318.4M379.4M230.6M265.1M266.4M
Inventory(29.7M)10.1M14.2M(24.5M)(22.1M)(21.0M)
Capital Lease Obligations54.2M21.0M24.3M53.0M60.9M39.3M
Short Term Debt3.6M4.5M5.0M5.1M5.8M4.5M

Pair Trading with Autolus Therapeutics

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 Autolus Therapeutics 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 Autolus Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Autolus Stock

  0.53LIXT Lixte Biotechnology Earnings Call This WeekPairCorr
  0.45INDP Indaptus Therapeutics Financial Report 9th of May 2024 PairCorr
  0.42GBIO Generation BioCo Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Autolus Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autolus Therapeutics 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 Autolus Therapeutics - 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 Autolus Therapeutics to buy it.
The correlation of Autolus Therapeutics 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 Autolus Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autolus Therapeutics 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 Autolus Therapeutics 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 CorrelationCorrelation Matching
When determining whether Autolus Therapeutics is a strong investment it is important to analyze Autolus Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Autolus Therapeutics' future performance. For an informed investment choice regarding Autolus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autolus 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 estimate.
For more information on how to buy Autolus Stock please use our How to buy in Autolus Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Autolus 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 Autolus Therapeutics. If investors know Autolus 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 Autolus 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
(1.20)
Revenue Per Share
0.01
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.25)
Return On Equity
(1.02)
The market value of Autolus Therapeutics is measured differently than its book value, which is the value of Autolus that is recorded on the company's balance sheet. Investors also form their own opinion of Autolus Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Autolus 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 Autolus Therapeutics' market value can be influenced by many factors that don't directly affect Autolus 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 Autolus Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Autolus Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autolus 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.