Black Total Current Assets vs Total Assets Analysis
BDTX Stock | USD 4.87 0.37 7.06% |
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 Total Current Assets and its Total 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Therap Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Black Diamond's Total Current Assets and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total 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 Total Current Assets 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 Total Current Assets of Black Diamond 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 Total Current Assets i.e., Black Diamond's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Assets
Total assets refers to the total amount of Black Diamond 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 Black Diamond Therap 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 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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Black Stock analysis
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.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
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.