Cara Accounts Payable vs Long Term Investments Analysis

CARA Stock  USD 0.77  0.01  1.32%   
Cara Therapeutic financial indicator trend analysis is way more than just evaluating Cara Therapeutic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cara Therapeutic is a good investment. Please check the relationship between Cara Therapeutic Accounts Payable and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cara Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cara Stock refer to our How to Trade Cara Stock guide.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cara Therapeutic Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cara Therapeutic's Accounts Payable and Long Term Investments is -0.09. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Cara Therapeutic, assuming nothing else is changed. The correlation between historical values of Cara Therapeutic's Accounts Payable and Long 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 Accounts Payable of Cara Therapeutic are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Cara Therapeutic's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Cara Therapeutic obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cara Therapeutic are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Cara Therapeutic balance sheet that represents investments Cara Therapeutic intends to hold for over a year. Cara Therapeutic long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Cara Therapeutic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cara Therapeutic 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 Cara Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cara Stock refer to our How to Trade Cara Stock guide.The current year's Tax Provision is expected to grow to 0.00, whereas Selling General Administrative is forecasted to decline to about 15.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses112.1M122.1M136.0M77.9M
Cost Of Revenue1.6M7.3M6.4M6.1M

Cara Therapeutic fundamental ratios Correlations

0.120.840.750.980.810.01-0.28-0.690.60.340.83-0.23-0.570.980.540.870.860.940.190.710.890.50.020.980.59
0.120.40.230.00.540.750.16-0.690.720.58-0.120.07-0.690.140.690.370.380.080.950.190.360.790.820.160.55
0.840.40.790.750.880.23-0.25-0.880.830.510.59-0.37-0.770.840.790.950.940.740.490.810.970.690.260.870.82
0.750.230.790.620.80.03-0.13-0.650.680.280.54-0.21-0.610.760.580.720.70.730.390.640.740.760.060.770.39
0.980.00.750.620.71-0.06-0.31-0.60.490.280.85-0.24-0.460.950.450.790.790.930.050.660.810.35-0.060.940.52
0.810.540.880.80.710.44-0.16-0.920.850.560.6-0.32-0.90.780.830.820.830.720.660.740.880.840.470.810.75
0.010.750.230.03-0.060.440.33-0.490.470.310.110.15-0.53-0.090.440.090.11-0.10.680.140.180.510.99-0.060.4
-0.280.16-0.25-0.13-0.31-0.160.330.2-0.15-0.71-0.030.70.29-0.33-0.34-0.36-0.38-0.080.07-0.53-0.30.070.31-0.36-0.34
-0.69-0.69-0.88-0.65-0.6-0.92-0.490.2-0.95-0.69-0.40.40.94-0.69-0.94-0.85-0.87-0.59-0.76-0.7-0.89-0.81-0.54-0.73-0.87
0.60.720.830.680.490.850.47-0.15-0.950.660.29-0.38-0.890.620.940.780.80.520.770.680.810.850.530.650.74
0.340.580.510.280.280.560.31-0.71-0.690.66-0.01-0.56-0.770.380.80.570.590.130.620.610.530.510.380.420.7
0.83-0.120.590.540.850.60.11-0.03-0.40.29-0.010.04-0.260.710.170.570.570.75-0.120.480.640.220.060.70.35
-0.230.07-0.37-0.21-0.24-0.320.150.70.4-0.38-0.560.040.53-0.27-0.58-0.35-0.42-0.09-0.11-0.68-0.42-0.060.13-0.33-0.48
-0.57-0.69-0.77-0.61-0.46-0.9-0.530.290.94-0.89-0.77-0.260.53-0.57-0.96-0.71-0.75-0.43-0.81-0.73-0.78-0.81-0.58-0.61-0.83
0.980.140.840.760.950.78-0.09-0.33-0.690.620.380.71-0.27-0.570.570.90.870.950.230.70.880.53-0.061.00.59
0.540.690.790.580.450.830.44-0.34-0.940.940.80.17-0.58-0.960.570.740.770.430.790.770.780.780.510.620.81
0.870.370.950.720.790.820.09-0.36-0.850.780.570.57-0.35-0.710.90.740.970.770.430.730.970.620.150.910.82
0.860.380.940.70.790.830.11-0.38-0.870.80.590.57-0.42-0.750.870.770.970.740.440.770.970.610.160.890.86
0.940.080.740.730.930.72-0.1-0.08-0.590.520.130.75-0.09-0.430.950.430.770.740.160.540.770.49-0.080.940.41
0.190.950.490.390.050.660.680.07-0.760.770.62-0.12-0.11-0.810.230.790.430.440.160.310.440.880.760.260.58
0.710.190.810.640.660.740.14-0.53-0.70.680.610.48-0.68-0.730.70.770.730.770.540.310.790.460.150.740.68
0.890.360.970.740.810.880.18-0.3-0.890.810.530.64-0.42-0.780.880.780.970.970.770.440.790.620.220.910.85
0.50.790.690.760.350.840.510.07-0.810.850.510.22-0.06-0.810.530.780.620.610.490.880.460.620.580.540.53
0.020.820.260.06-0.060.470.990.31-0.540.530.380.060.13-0.58-0.060.510.150.16-0.080.760.150.220.58-0.030.44
0.980.160.870.770.940.81-0.06-0.36-0.730.650.420.7-0.33-0.611.00.620.910.890.940.260.740.910.54-0.030.63
0.590.550.820.390.520.750.4-0.34-0.870.740.70.35-0.48-0.830.590.810.820.860.410.580.680.850.530.440.63
Click cells to compare fundamentals

Cara Therapeutic Account Relationship Matchups

Cara Therapeutic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets233.0M271.2M247.1M182.2M125.8M136.4M
Other Current Liab10.6M12.0M10.2M11.9M14.0M7.4M
Total Current Liabilities42.9M18.5M17.6M23.5M25.6M17.5M
Total Stockholder Equity186.7M249.0M227.5M158.8M57.1M112.3M
Property Plant And Equipment Net3.7M5.1M3.6M2.0M8.2M8.6M
Net Debt(14.0M)(26.4M)(9.8M)(61.8M)(9.0M)(9.5M)
Retained Earnings(400.7M)(392.3M)(480.8M)(566.2M)(684.7M)(650.5M)
Accounts Payable9.1M4.9M5.6M9.6M11.6M12.2M
Cash18.3M31.7M13.5M63.7M52.2M54.8M
Non Current Assets Total67.3M76.1M73.8M13.3M9.7M9.2M
Cash And Short Term Investments155.0M180.9M167.0M145.4M101.2M104.8M
Net Receivables1.8M2.1M1.2M4.5M4.0M4.2M
Common Stock Total Equity39K47K50K53K61.0K33.2K
Common Stock Shares Outstanding42.7M47.9M50.7M53.7M54.1M35.8M
Short Term Investments136.7M149.2M153.6M81.7M49.0M93.8M
Liabilities And Stockholders Equity233.0M271.2M247.1M182.2M125.8M136.4M
Non Current Liabilities Total3.4M3.7M1.9M11.5M43.2M45.3M
Other Current Assets9.7M13.6M2.5M16.7M8.2M5.4M
Other Stockholder Equity587.2M641.2M708.6M726.6M742.0M395.3M
Total Liab46.2M22.2M19.5M23.5M68.8M72.2M
Property Plant And Equipment Gross3.7M5.1M3.6M2.0M9.9M10.3M
Total Current Assets165.7M195.1M173.3M168.9M116.2M112.2M
Accumulated Other Comprehensive Income170K73K(358K)(1.7M)(260K)(273K)
Common Stock39K47K50K53K54K35.2K
Property Plant Equipment700K840K631K426K383.4K364.2K
Net Tangible Assets190.1M252.7M229.4M158.8M182.6M155.7M
Retained Earnings Total Equity(400.7M)(392.3M)(480.8M)(566.2M)(509.6M)(484.1M)
Capital Surpluse587.2M641.2M708.6M726.6M835.6M525.5M
Net Invested Capital186.7M249.0M227.5M158.8M57.1M54.2M
Net Working Capital122.8M176.6M155.7M145.5M90.6M142.3M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cara Therapeutic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cara Therapeutic's short interest history, or implied volatility extrapolated from Cara Therapeutic options trading.

Pair Trading with Cara Therapeutic

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 Cara Therapeutic 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 Cara Therapeutic will appreciate offsetting losses from the drop in the long position's value.

Moving against Cara Stock

  0.71PDEX Pro DexPairCorr
  0.59MHUA Meihua InternationalPairCorr
  0.46ZJYL JIN MEDICAL INTERNATIONALPairCorr
The ability to find closely correlated positions to Cara Therapeutic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cara Therapeutic 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 Cara Therapeutic - 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 Cara Therapeutic to buy it.
The correlation of Cara Therapeutic 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 Cara Therapeutic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cara Therapeutic 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 Cara Therapeutic 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 Cara Therapeutic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cara Therapeutic'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 Cara Therapeutic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cara Therapeutic Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cara Therapeutic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Cara Stock refer to our How to Trade Cara Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Cara Therapeutic'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 Cara Therapeutic. If investors know Cara 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 Cara Therapeutic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.19)
Revenue Per Share
0.387
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.49)
Return On Equity
(1.10)
The market value of Cara Therapeutic is measured differently than its book value, which is the value of Cara that is recorded on the company's balance sheet. Investors also form their own opinion of Cara Therapeutic's value that differs from its market value or its book value, called intrinsic value, which is Cara Therapeutic'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 Cara Therapeutic's market value can be influenced by many factors that don't directly affect Cara Therapeutic'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 Cara Therapeutic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cara Therapeutic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cara Therapeutic'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.