Black Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings and its Cash And Short Term Investments 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Therap Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Black Diamond's Retained Earnings and Cash And Short Term Investments is -0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Black Diamond Therapeutics are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Black Diamond's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Black Diamond Therap balance sheet. This account contains Black Diamond investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Black Diamond Therapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Reconciled Depreciation Total Operating Expenses

Black Diamond fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital
Total Assets		0.82	0.84	-0.4	-0.09	0.88	0.69	-0.22	-0.65	0.92	0.57	0.72	0.56	0.41	1.0	0.83	0.87	0.22	0.82	0.89	0.01	0.5	0.89	0.67	1.0	0.99
Other Current Liab	0.82		0.99	-0.39	-0.17	0.84	0.95	-0.44	-0.83	0.93	0.35	0.96	0.65	0.27	0.77	0.94	0.83	-0.07	0.91	0.93	0.35	0.62	0.83	0.89	0.77	0.74
Total Current Liabilities	0.84	0.99		-0.39	-0.17	0.84	0.95	-0.4	-0.86	0.94	0.39	0.96	0.63	0.3	0.79	0.96	0.88	-0.02	0.93	0.94	0.36	0.57	0.82	0.87	0.79	0.76
Total Stockholder Equity	-0.4	-0.39	-0.39		0.05	-0.38	-0.49	-0.05	0.11	-0.42	-0.09	-0.51	-0.49	-0.53	-0.36	-0.38	-0.29	-0.02	-0.23	-0.61	0.52	-0.47	-0.4	0.01	-0.36	-0.36
Other Liab	-0.09	-0.17	-0.17	0.05		-0.18	-0.17	-0.49	0.16	-0.15	0.12	-0.17	-0.13	-0.12	-0.08	-0.18	-0.1	0.18	-0.18	-0.19	-0.1	0.0	-0.17	-0.15	-0.08	-0.07
Net Tangible Assets	0.88	0.84	0.84	-0.38	-0.18		0.71	-0.47	-0.62	0.79	0.13	0.71	0.32	0.02	0.87	0.89	0.68	-0.25	0.84	0.88	0.05	0.31	1.0	0.66	0.87	0.86
Property Plant And Equipment Net	0.69	0.95	0.95	-0.49	-0.17	0.71		-0.38	-0.88	0.84	0.29	0.99	0.6	0.32	0.62	0.92	0.81	-0.09	0.89	0.9	0.41	0.53	0.7	0.79	0.62	0.59
Net Debt	-0.22	-0.44	-0.4	-0.05	-0.49	-0.47	-0.38		0.34	-0.22	0.3	-0.35	0.08	0.56	-0.19	-0.41	-0.1	0.56	-0.43	-0.31	-0.35	-0.07	-0.46	-0.5	-0.19	-0.17
Retained Earnings	-0.65	-0.83	-0.86	0.11	0.16	-0.62	-0.88	0.34		-0.74	-0.37	-0.85	-0.37	-0.18	-0.59	-0.86	-0.84	0.0	-0.94	-0.76	-0.7	-0.25	-0.6	-0.81	-0.59	-0.56
Accounts Payable	0.92	0.93	0.94	-0.42	-0.15	0.79	0.84	-0.22	-0.74		0.62	0.88	0.79	0.52	0.89	0.85	0.91	0.25	0.83	0.92	0.17	0.73	0.78	0.82	0.89	0.88
Cash	0.57	0.35	0.39	-0.09	0.12	0.13	0.29	0.3	-0.37	0.62		0.36	0.67	0.81	0.57	0.26	0.72	0.91	0.31	0.37	0.04	0.56	0.12	0.35	0.57	0.58
Non Current Assets Total	0.72	0.96	0.96	-0.51	-0.17	0.71	0.99	-0.35	-0.85	0.88	0.36		0.69	0.39	0.65	0.9	0.82	-0.02	0.87	0.92	0.37	0.62	0.7	0.81	0.66	0.63
Non Currrent Assets Other	0.56	0.65	0.63	-0.49	-0.13	0.32	0.6	0.08	-0.37	0.79	0.67	0.69		0.77	0.53	0.42	0.6	0.46	0.38	0.62	-0.03	0.97	0.32	0.58	0.52	0.51
Other Assets	0.41	0.27	0.3	-0.53	-0.12	0.02	0.32	0.56	-0.18	0.52	0.81	0.39	0.77		0.4	0.18	0.55	0.8	0.13	0.39	-0.27	0.65	0.03	0.1	0.4	0.4
Cash And Short Term Investments	1.0	0.77	0.79	-0.36	-0.08	0.87	0.62	-0.19	-0.59	0.89	0.57	0.65	0.53	0.4		0.79	0.85	0.25	0.77	0.85	-0.04	0.47	0.87	0.62	1.0	1.0
Common Stock Total Equity	0.83	0.94	0.96	-0.38	-0.18	0.89	0.92	-0.41	-0.86	0.85	0.26	0.9	0.42	0.18	0.79		0.86	-0.13	0.95	0.92	0.32	0.35	0.88	0.76	0.79	0.77
Common Stock Shares Outstanding	0.87	0.83	0.88	-0.29	-0.1	0.68	0.81	-0.1	-0.84	0.91	0.72	0.82	0.6	0.55	0.85	0.86		0.39	0.85	0.83	0.3	0.48	0.67	0.71	0.85	0.83
Non Current Liabilities Total	0.22	-0.07	-0.02	-0.02	0.18	-0.25	-0.09	0.56	0.0	0.25	0.91	-0.02	0.46	0.8	0.25	-0.13	0.39		-0.1	0.0	-0.17	0.37	-0.25	-0.05	0.25	0.27
Capital Surpluse	0.82	0.91	0.93	-0.23	-0.18	0.84	0.89	-0.43	-0.94	0.83	0.31	0.87	0.38	0.13	0.77	0.95	0.85	-0.1		0.89	0.5	0.3	0.83	0.84	0.78	0.75
Other Current Assets	0.89	0.93	0.94	-0.61	-0.19	0.88	0.9	-0.31	-0.76	0.92	0.37	0.92	0.62	0.39	0.85	0.92	0.83	0.0	0.89		0.12	0.56	0.88	0.72	0.86	0.84
Other Stockholder Equity	0.01	0.35	0.36	0.52	-0.1	0.05	0.41	-0.35	-0.7	0.17	0.04	0.37	-0.03	-0.27	-0.04	0.32	0.3	-0.17	0.5	0.12		-0.09	0.03	0.62	-0.04	-0.07
Total Liab	0.5	0.62	0.57	-0.47	0.0	0.31	0.53	-0.07	-0.25	0.73	0.56	0.62	0.97	0.65	0.47	0.35	0.48	0.37	0.3	0.56	-0.09		0.31	0.57	0.46	0.46
Net Invested Capital	0.89	0.83	0.82	-0.4	-0.17	1.0	0.7	-0.46	-0.6	0.78	0.12	0.7	0.32	0.03	0.87	0.88	0.67	-0.25	0.83	0.88	0.03	0.31		0.65	0.87	0.86
Property Plant And Equipment Gross	0.67	0.89	0.87	0.01	-0.15	0.66	0.79	-0.5	-0.81	0.82	0.35	0.81	0.58	0.1	0.62	0.76	0.71	-0.05	0.84	0.72	0.62	0.57	0.65		0.62	0.6
Total Current Assets	1.0	0.77	0.79	-0.36	-0.08	0.87	0.62	-0.19	-0.59	0.89	0.57	0.66	0.52	0.4	1.0	0.79	0.85	0.25	0.78	0.86	-0.04	0.46	0.87	0.62		1.0
Net Working Capital	0.99	0.74	0.76	-0.36	-0.07	0.86	0.59	-0.17	-0.56	0.88	0.58	0.63	0.51	0.4	1.0	0.77	0.83	0.27	0.75	0.84	-0.07	0.46	0.86	0.6	1.0

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Black Diamond Account Relationship Matchups

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

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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

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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.

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Black Retained Earnings vs Cash And Short Term Investments Analysis

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash And Short Term Investments

Black Diamond fundamental ratios Correlations

Black Diamond Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Black Diamond fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Capital Surpluse	- 0.94	Retained Earnings
Retained Earnings	- 0.88	Property Plant And Equipment Net
Common Stock Total Equity	- 0.86	Retained Earnings
Retained Earnings	- 0.86	Total Current Liabilities
Non Current Assets Total	- 0.85	Retained Earnings
Common Stock Shares Outstanding	- 0.84	Retained Earnings