Bicycle Gross Profit Margin vs Total Assets Analysis

BCYC Stock

USD 24.58 0.11 0.45%

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

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

Gross Profit Margin vs Total Assets

Gross Profit Margin vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bicycle Therapeutics Gross Profit Margin account and Total Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Bicycle Therapeutics' Gross Profit Margin and Total Assets is 0.38. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bicycle Therapeutics, assuming nothing else is changed. The correlation between historical values of Bicycle Therapeutics' Gross Profit Margin and Total 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 Gross Profit Margin of Bicycle Therapeutics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Gross Profit Margin i.e., Bicycle Therapeutics' Gross Profit Margin and Total Assets go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Gross Profit Margin

Total Assets

Total assets refers to the total amount of Bicycle Therapeutics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bicycle Therapeutics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

For information on how to trade Bicycle Stock refer to our How to Trade Bicycle Stock guide.At present, Bicycle Therapeutics' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 267.8 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.89.

Bicycle Therapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Capital Surpluse	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.95	0.98	0.97	0.96	-0.97	0.86	1.0	0.93	1.0	0.84	0.86	0.99	0.79	1.0	0.97	0.96	0.86	0.87	-0.99	0.85	0.77	0.9	0.07	0.98	0.95
Other Current Liab	0.95		0.98	0.9	0.9	-0.98	0.89	0.94	0.99	0.94	0.91	0.86	0.96	0.78	0.94	0.95	0.97	0.87	0.82	-0.91	0.87	0.85	0.89	0.02	0.92	0.96
Total Current Liabilities	0.98	0.98		0.93	0.92	-0.99	0.92	0.97	0.98	0.97	0.86	0.84	0.99	0.77	0.97	0.96	0.99	0.86	0.86	-0.96	0.86	0.8	0.91	0.09	0.95	0.98
Total Stockholder Equity	0.97	0.9	0.93		0.99	-0.92	0.81	0.97	0.86	0.97	0.77	0.88	0.97	0.63	0.97	0.96	0.93	0.85	0.89	-0.98	0.84	0.72	0.88	-0.04	0.99	0.93
Net Tangible Assets	0.96	0.9	0.92	0.99		-0.9	0.75	0.96	0.86	0.96	0.81	0.92	0.96	0.67	0.96	0.97	0.91	0.87	0.89	-0.96	0.86	0.76	0.88	-0.12	1.0	0.92
Retained Earnings	-0.97	-0.98	-0.99	-0.92	-0.9		-0.94	-0.96	-0.98	-0.96	-0.86	-0.84	-0.98	-0.76	-0.96	-0.96	-0.98	-0.85	-0.84	0.95	-0.85	-0.78	-0.9	-0.09	-0.94	-0.96
Accounts Payable	0.86	0.89	0.92	0.81	0.75	-0.94		0.86	0.91	0.86	0.68	0.65	0.89	0.65	0.86	0.83	0.93	0.71	0.69	-0.87	0.71	0.64	0.77	0.26	0.8	0.9
Cash	1.0	0.94	0.97	0.97	0.96	-0.96	0.86		0.92	1.0	0.82	0.85	0.99	0.78	1.0	0.96	0.95	0.84	0.87	-0.99	0.83	0.74	0.89	0.08	0.98	0.95
Other Assets	0.93	0.99	0.98	0.86	0.86	-0.98	0.91	0.92		0.92	0.9	0.81	0.95	0.81	0.93	0.92	0.97	0.85	0.79	-0.89	0.86	0.85	0.87	0.09	0.89	0.96
Cash And Short Term Investments	1.0	0.94	0.97	0.97	0.96	-0.96	0.86	1.0	0.92		0.82	0.85	0.99	0.78	1.0	0.96	0.95	0.84	0.87	-0.99	0.83	0.74	0.89	0.08	0.98	0.95
Net Receivables	0.84	0.91	0.86	0.77	0.81	-0.86	0.68	0.82	0.9	0.82		0.83	0.84	0.85	0.83	0.86	0.83	0.87	0.83	-0.78	0.88	0.87	0.9	-0.02	0.82	0.82
Capital Surpluse	0.86	0.86	0.84	0.88	0.92	-0.84	0.65	0.85	0.81	0.85	0.83		0.89	0.59	0.86	0.95	0.8	0.75	0.74	-0.81	0.74	0.67	0.75	-0.42	0.91	0.79
Other Stockholder Equity	0.99	0.96	0.99	0.97	0.96	-0.98	0.89	0.99	0.95	0.99	0.84	0.89		0.73	0.99	0.99	0.97	0.86	0.87	-0.98	0.85	0.76	0.89	0.01	0.98	0.96
Total Liab	0.79	0.78	0.77	0.63	0.67	-0.76	0.65	0.78	0.81	0.78	0.85	0.59	0.73		0.79	0.7	0.74	0.74	0.72	-0.74	0.75	0.74	0.79	0.3	0.7	0.73
Total Current Assets	1.0	0.94	0.97	0.97	0.96	-0.96	0.86	1.0	0.93	1.0	0.83	0.86	0.99	0.79		0.97	0.95	0.84	0.87	-0.99	0.84	0.75	0.89	0.07	0.98	0.95
Common Stock	0.97	0.95	0.96	0.96	0.97	-0.96	0.83	0.96	0.92	0.96	0.86	0.95	0.99	0.7	0.97		0.93	0.83	0.84	-0.94	0.82	0.74	0.86	-0.14	0.98	0.92
Property Plant Equipment	0.96	0.97	0.99	0.93	0.91	-0.98	0.93	0.95	0.97	0.95	0.83	0.8	0.97	0.74	0.95	0.93		0.9	0.85	-0.95	0.9	0.84	0.9	0.12	0.93	1.0
Property Plant And Equipment Net	0.86	0.87	0.86	0.85	0.87	-0.85	0.71	0.84	0.85	0.84	0.87	0.75	0.86	0.74	0.84	0.83	0.9		0.93	-0.85	1.0	0.95	0.94	0.08	0.86	0.92
Current Deferred Revenue	0.87	0.82	0.86	0.89	0.89	-0.84	0.69	0.87	0.79	0.87	0.83	0.74	0.87	0.72	0.87	0.84	0.85	0.93		-0.89	0.91	0.79	0.98	0.15	0.89	0.87
Net Debt	-0.99	-0.91	-0.96	-0.98	-0.96	0.95	-0.87	-0.99	-0.89	-0.99	-0.78	-0.81	-0.98	-0.74	-0.99	-0.94	-0.95	-0.85	-0.89		-0.83	-0.72	-0.9	-0.14	-0.97	-0.94
Non Current Assets Total	0.85	0.87	0.86	0.84	0.86	-0.85	0.71	0.83	0.86	0.83	0.88	0.74	0.85	0.75	0.84	0.82	0.9	1.0	0.91	-0.83		0.96	0.94	0.09	0.85	0.92
Non Currrent Assets Other	0.77	0.85	0.8	0.72	0.76	-0.78	0.64	0.74	0.85	0.74	0.87	0.67	0.76	0.74	0.75	0.74	0.84	0.95	0.79	-0.72	0.96		0.85	0.07	0.75	0.87
Common Stock Shares Outstanding	0.9	0.89	0.91	0.88	0.88	-0.9	0.77	0.89	0.87	0.89	0.9	0.75	0.89	0.79	0.89	0.86	0.9	0.94	0.98	-0.9	0.94	0.85		0.2	0.89	0.91
Non Current Liabilities Total	0.07	0.02	0.09	-0.04	-0.12	-0.09	0.26	0.08	0.09	0.08	-0.02	-0.42	0.01	0.3	0.07	-0.14	0.12	0.08	0.15	-0.14	0.09	0.07	0.2		-0.07	0.12
Net Invested Capital	0.98	0.92	0.95	0.99	1.0	-0.94	0.8	0.98	0.89	0.98	0.82	0.91	0.98	0.7	0.98	0.98	0.93	0.86	0.89	-0.97	0.85	0.75	0.89	-0.07		0.93
Property Plant And Equipment Gross	0.95	0.96	0.98	0.93	0.92	-0.96	0.9	0.95	0.96	0.95	0.82	0.79	0.96	0.73	0.95	0.92	1.0	0.92	0.87	-0.94	0.92	0.87	0.91	0.12	0.93

Click cells to compare fundamentals

Bicycle Therapeutics Account Relationship Matchups

Bicycle Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	110.2M	161.2M	479.8M	410.6M	595.3M	625.1M
Other Current Liab	5.5M	10.8M	11.9M	23.3M	26.6M	28.0M
Total Current Liabilities	8.8M	23.1M	36.2M	53.3M	69.5M	73.0M
Total Stockholder Equity	93.2M	95.5M	346.3M	270.8M	370.9M	389.5M
Other Liab	6.9M	27.6M	55.3M	45.3M	52.1M	26.8M
Net Tangible Assets	93.2M	95.5M	346.3M	270.8M	311.4M	327.0M
Retained Earnings	(100.6M)	(151.6M)	(218.4M)	(331.1M)	(511.8M)	(486.2M)
Accounts Payable	1.9M	1.4M	2.7M	6.5M	13.1M	13.7M
Cash	92.1M	136.0M	438.7M	339.2M	526.4M	552.7M
Other Assets	1.7M	3.1M	3.4M	8.5M	9.7M	10.2M
Cash And Short Term Investments	92.1M	136.0M	438.7M	339.2M	526.4M	552.7M
Net Receivables	7.1M	14.6M	11.9M	21.2M	24.0M	13.0M
Common Stock Total Equity	5K	10K	227K	266K	305.9K	321.2K
Other Current Assets	4.9M	5.1M	8.0M	9.0M	11.4M	12.0M
Other Stockholder Equity	195.1M	249.9M	567.6M	601.1M	883.4M	927.6M
Total Liab	17.0M	65.7M	133.5M	139.8M	224.4M	117.8M
Total Current Assets	104.1M	155.7M	458.6M	369.4M	561.9M	590.0M
Accumulated Other Comprehensive Income	(1.5M)	(3.2M)	(3.4M)	387K	(1.3M)	(1.4M)
Short Term Debt	640K	844K	2.4M	3.1M	4.9M	5.1M
Common Stock	227K	266K	384K	387K	550K	577.5K
Property Plant Equipment	4.3M	3.6M	17.8M	32.8M	37.7M	39.6M
Property Plant And Equipment Net	4.3M	3.6M	17.8M	32.8M	27.7M	14.0M
Current Deferred Revenue	728K	10.1M	19.3M	20.4M	25.0M	12.5M
Net Debt	(90.2M)	(120.2M)	(394.3M)	(294.8M)	(481.5M)	(457.4M)
Non Current Assets Total	6.0M	5.4M	21.2M	41.2M	33.5M	18.0M
Non Currrent Assets Other	1.7M	1.8M	3.4M	8.5M	5.2M	3.9M
Common Stock Shares Outstanding	11.0M	19.1M	25.1M	29.7M	35.6M	23.1M
Liabilities And Stockholders Equity	110.2M	161.2M	479.8M	410.6M	595.3M	300.6M
Non Current Liabilities Total	8.2M	42.6M	97.3M	86.5M	154.9M	101.1M
Net Invested Capital	93.2M	110.0M	376.1M	301.1M	401.6M	421.7M
Property Plant And Equipment Gross	4.3M	3.6M	22.6M	40.6M	41.1M	43.1M
Non Current Liabilities Other	2.0M	2.6M	3.3M	3.8M	4.6M	2.8M
Net Working Capital	95.3M	132.6M	422.3M	316.0M	492.3M	249.6M
Capital Stock	227K	266K	384K	387K	550K	334.4K

Pair Trading with Bicycle 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 Bicycle 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 Bicycle Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bicycle Stock

0.76

VTYX

Ventyx Biosciences Financial Report 9th of May 2024

Pair Corr

Moving against Bicycle Stock

0.77	SABSW	SAB Biotherapeutics	Pair Corr
0.51	EWTX	Edgewise Therapeutics Financial Report 9th of May 2024	Pair Corr
0.51	IMCR	Immunocore Holdings Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to Bicycle 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 Bicycle 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 Bicycle 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 Bicycle Therapeutics to buy it.

The correlation of Bicycle 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 Bicycle Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bicycle 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 Bicycle 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 Correlation Correlation Matching

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

How To Invest In Bicycle

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Is Bicycle Stock a good investment?

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What is Bicycle Therapeutics' Net Worth?

Details

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

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

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Bicycle Stock analysis

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

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Is Bicycle 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 Bicycle Therapeutics. If investors know Bicycle 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 Bicycle 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

(5.08)

Revenue Per Share

1.074

Quarterly Revenue Growth

2.989

Return On Assets

(0.23)

Return On Equity

(0.56)

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

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Bicycle Gross Profit Margin vs Total Assets Analysis

Gross Profit Margin vs Total Assets

Gross Profit Margin vs Total Assets Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Total Assets

Bicycle Therapeutics fundamental ratios Correlations

Bicycle Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bicycle Therapeutics fundamental ratios Accounts

Pair Trading with Bicycle Therapeutics

Moving together with Bicycle Stock

Moving against Bicycle Stock

Complementary Tools for Bicycle Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Net Tangible Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash

Net Debt	- 0.99	Total Current Assets
Net Debt	- 0.99	Cash And Short Term Investments
Net Debt	- 0.99	Cash
Retained Earnings	- 0.99	Total Current Liabilities
Net Debt	- 0.99	Total Assets
Net Debt	- 0.98	Other Stockholder Equity