Black Net Working Capital vs Other Current Assets Analysis
BDTX Stock | USD 5.14 0.10 1.91% |
Black Diamond financial indicator trend analysis is way more than just evaluating Black Diamond Therap prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Diamond Therap is a good investment. Please check the relationship between Black Diamond Net Working Capital and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond 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.
Net Working Capital vs Other Current Assets
Net Working Capital vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Therap Net Working Capital account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Diamond's Net Working Capital and Other Current Assets is 0.84. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Black Diamond Therapeutics, assuming nothing else is changed. The correlation between historical values of Black Diamond's Net Working Capital and Other Current 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 Net Working Capital of Black Diamond Therapeutics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Working Capital i.e., Black Diamond's Net Working Capital and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Working Capital
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Black Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Diamond Therap 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 Black Diamond 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. Selling General Administrative is likely to drop to about 18.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 62.3 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 205K | 508K | 437K | 458.9K | Total Operating Expenses | 126.9M | 92.8M | 86.0M | 65.6M |
Black Diamond fundamental ratios Correlations
Click cells to compare fundamentals
Black Diamond Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Diamond fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 158.3M | 329.7M | 247.7M | 156.3M | 158.6M | 174.5M | |
Other Current Liab | 2.9M | 10.6M | 19.2M | 10.5M | 14.2M | 9.7M | |
Total Current Liabilities | 4.9M | 14.2M | 23.6M | 15.3M | 19.6M | 13.0M | |
Total Stockholder Equity | (51.0M) | (118.2M) | (243.8M) | (335.0M) | 116.7M | 122.6M | |
Net Tangible Assets | (47.2M) | 307.8M | 195.9M | 115.7M | 133.0M | 100.8M | |
Property Plant And Equipment Net | 164K | 8.8M | 30.7M | 27.4M | 23.7M | 14.3M | |
Net Debt | 45.9M | (25.9M) | (37.3M) | (6.2M) | (30.9M) | (29.4M) | |
Retained Earnings | (51.0M) | (118.2M) | (243.8M) | (335.0M) | (417.4M) | (396.6M) | |
Accounts Payable | 2.0M | 2.5M | 4.1M | 1.9M | 2.3M | 2.1M | |
Cash | 154.7M | 34.6M | 65.8M | 34.3M | 56.2M | 63.7M | |
Non Current Assets Total | 3.6M | 10.1M | 37.9M | 28.5M | 24.5M | 16.5M | |
Non Currrent Assets Other | 3.4M | 106K | 5.9M | 1.2M | 823K | 781.9K | |
Other Assets | 2.4M | 0.0 | 1.2M | 1.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 154.7M | 315.1M | 209.8M | 122.8M | 131.4M | 156.1M | |
Common Stock Shares Outstanding | 35.9M | 32.9M | 36.2M | 36.3M | 44.0M | 32.4M | |
Liabilities And Stockholders Equity | 158.3M | (96.3M) | 247.7M | (294.4M) | 158.6M | 166.5M | |
Non Current Liabilities Total | 200.6M | 7.7M | 28.1M | 25.3M | 22.2M | 41.3M | |
Capital Surpluse | 3.8M | 425.4M | 440.1M | 452.5M | 520.4M | 546.4M | |
Other Current Assets | 1.0M | 4.5M | 5.9M | 4.9M | 2.6M | 3.0M | |
Other Stockholder Equity | (200.6M) | (330.3M) | 409K | 1.8M | 534.2M | 560.9M | |
Total Liab | 209.3M | 21.9M | 491.5M | 40.6M | 41.8M | 39.7M | |
Net Invested Capital | (47.2M) | 307.8M | 195.9M | 115.7M | 116.7M | 104.8M | |
Property Plant And Equipment Gross | 164K | 8.8M | 31.1M | 2.6M | 24.5M | 25.7M | |
Total Current Assets | 154.7M | 319.6M | 209.8M | 127.7M | 134.0M | 158.0M | |
Accumulated Other Comprehensive Income | (1K) | 614K | (414K) | (1.8M) | (27K) | (28.4K) | |
Net Working Capital | 150.9M | 305.3M | 192.1M | 112.4M | 114.4M | 146.1M | |
Property Plant Equipment | 164K | 8.8M | 30.7M | 2.6M | 3.0M | 2.8M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond 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. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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Is Black Diamond'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 Black Diamond. If investors know Black 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 Black Diamond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.66) | Return On Assets (0.38) | Return On Equity (0.79) |
The market value of Black Diamond Therap is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Diamond's value that differs from its market value or its book value, called intrinsic value, which is Black Diamond'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 Black Diamond's market value can be influenced by many factors that don't directly affect Black Diamond'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 Black Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Diamond'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.