Cara Other Current Liab vs Other Current Assets Analysis

CARA Stock  USD 0.75  0.06  7.41%   
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 Other Current Liab and its Other Current Assets 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.

Other Current Liab vs Other Current Assets

Other Current Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cara Therapeutic Other Current Liab account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cara Therapeutic's Other Current Liab and Other Current Assets is 0.81. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets 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 Other Current Liab 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 Other Current Liab of Cara Therapeutic 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 Other Current Liab i.e., Cara Therapeutic's Other Current Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Liab

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 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

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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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
(2.26)
Revenue Per Share
0.312
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.62)
Return On Equity
(1.47)
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.