Compass Inventory vs Other Stockholder Equity Analysis

CMPS Stock  USD 6.66  0.28  4.03%   
Compass Pathways financial indicator trend analysis is way more than just evaluating Compass Pathways Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compass Pathways Plc is a good investment. Please check the relationship between Compass Pathways Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Pathways Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Compass Pathways Plc Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Compass Pathways' Inventory and Other Stockholder Equity is -0.66. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Compass Pathways Plc, assuming nothing else is changed. The correlation between historical values of Compass Pathways' Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Compass Pathways Plc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Compass Pathways' Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Other Stockholder Equity

Most indicators from Compass Pathways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compass Pathways Plc 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 Compass Pathways Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision is likely to gain to about 501.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 31.9 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation175K330K440K462K
Total Operating Expenses73.6M96.0M137.2M70.2M

Compass Pathways fundamental ratios Correlations

0.650.660.990.990.86-0.98-0.840.870.990.760.990.770.970.96-0.79-0.690.730.96-0.591.00.651.00.961.00.96
0.650.530.630.60.76-0.6-0.920.870.580.870.580.90.70.8-0.37-0.340.670.78-0.320.650.950.640.790.630.79
0.660.530.610.60.69-0.58-0.710.730.630.650.630.710.660.75-0.43-0.410.550.660.00.650.620.660.690.610.69
0.990.630.611.00.82-0.98-0.80.840.990.710.990.720.970.94-0.84-0.730.750.95-0.661.00.61.00.941.00.94
0.990.60.61.00.8-0.98-0.770.830.990.680.990.690.960.93-0.86-0.760.760.94-0.680.990.560.990.931.00.93
0.860.760.690.820.8-0.84-0.940.820.830.950.830.940.820.88-0.46-0.440.640.88-0.310.840.860.850.880.840.88
-0.98-0.6-0.58-0.98-0.98-0.840.79-0.77-0.99-0.73-0.99-0.73-0.91-0.90.80.67-0.69-0.90.69-0.98-0.6-0.98-0.9-0.98-0.9
-0.84-0.92-0.71-0.8-0.77-0.940.79-0.93-0.79-0.97-0.79-0.98-0.84-0.920.470.43-0.69-0.910.32-0.83-0.96-0.83-0.92-0.81-0.92
0.870.870.730.840.830.82-0.77-0.930.810.830.810.870.930.97-0.61-0.570.760.95-0.350.870.840.860.960.840.96
0.990.580.630.990.990.83-0.99-0.790.810.721.00.720.950.93-0.8-0.670.680.93-0.610.990.581.00.931.00.93
0.760.870.650.710.680.95-0.73-0.970.830.720.720.990.730.83-0.29-0.230.520.82-0.190.740.970.750.840.730.84
0.990.580.630.990.990.83-0.99-0.790.811.00.720.720.950.93-0.8-0.670.680.93-0.610.990.581.00.931.00.93
0.770.90.710.720.690.94-0.73-0.980.870.720.990.720.750.86-0.33-0.280.580.83-0.210.750.980.760.860.740.86
0.970.70.660.970.960.82-0.91-0.840.930.950.730.950.750.98-0.8-0.730.790.99-0.550.970.660.970.980.970.98
0.960.80.750.940.930.88-0.9-0.920.970.930.830.930.860.98-0.72-0.640.770.99-0.470.960.780.960.990.950.99
-0.79-0.37-0.43-0.84-0.86-0.460.80.47-0.61-0.8-0.29-0.8-0.33-0.8-0.720.94-0.83-0.720.84-0.81-0.21-0.8-0.68-0.81-0.68
-0.69-0.34-0.41-0.73-0.76-0.440.670.43-0.57-0.67-0.23-0.67-0.28-0.73-0.640.94-0.91-0.660.75-0.7-0.19-0.69-0.59-0.7-0.59
0.730.670.550.750.760.64-0.69-0.690.760.680.520.680.580.790.77-0.83-0.910.77-0.660.740.540.730.720.720.72
0.960.780.660.950.940.88-0.9-0.910.950.930.820.930.830.990.99-0.72-0.660.77-0.50.960.760.960.990.960.99
-0.59-0.320.0-0.66-0.68-0.310.690.32-0.35-0.61-0.19-0.61-0.21-0.55-0.470.840.75-0.66-0.5-0.61-0.13-0.6-0.45-0.63-0.45
1.00.650.651.00.990.84-0.98-0.830.870.990.740.990.750.970.96-0.81-0.70.740.96-0.610.631.00.961.00.96
0.650.950.620.60.560.86-0.6-0.960.840.580.970.580.980.660.78-0.21-0.190.540.76-0.130.630.630.780.620.78
1.00.640.661.00.990.85-0.98-0.830.861.00.751.00.760.970.96-0.8-0.690.730.96-0.61.00.630.951.00.95
0.960.790.690.940.930.88-0.9-0.920.960.930.840.930.860.980.99-0.68-0.590.720.99-0.450.960.780.950.951.0
1.00.630.611.01.00.84-0.98-0.810.841.00.731.00.740.970.95-0.81-0.70.720.96-0.631.00.621.00.950.95
0.960.790.690.940.930.88-0.9-0.920.960.930.840.930.860.980.99-0.68-0.590.720.99-0.450.960.780.951.00.95
Click cells to compare fundamentals

Compass Pathways Account Relationship Matchups

Compass Pathways fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.4M203.5M300.9M197.3M276.0M190.0M
Other Current Liab52K4.1M268K9.3M10.2M10.7M
Total Current Liabilities23.9M6.9M15.1M15.6M19.6M15.2M
Total Stockholder Equity(30.4M)196.6M284.4M181.3M225.7M154.6M
Net Tangible Assets(30.4M)196.6M284.4M181.3M208.5M135.8M
Property Plant And Equipment Net218K245K4.1M2.6M4.7M5.0M
Net Debt(3.9M)(190.3M)(269.6M)(141.3M)(187.6M)(197.0M)
Retained Earnings(37.6M)(97.9M)(169.6M)(261.1M)(379.6M)(360.6M)
Accounts Payable1.3M2.7M2.6M4.8M5.9M3.3M
Cash25.0M190.3M273.2M143.2M220.6M160.5M
Non Current Assets Total218K1.1M5.6M5.6M14.7M15.4M
Cash And Short Term Investments25.0M190.3M273.2M143.2M220.6M160.5M
Net Receivables5.2M5.8M11.2M15.6M28.9M30.4M
Common Stock Shares Outstanding21.7M35.9M40.0M42.4M51.0M38.2M
Liabilities And Stockholders Equity32.4M203.5M300.9M197.3M276.0M190.0M
Inventory1.0M(5.8M)(10.8M)(14.9M)1.01.05
Other Current Assets952K12.0M21.6M47.7M11.7M17.3M
Other Stockholder Equity(31.8M)279.5M444.8M458.9M621.6M325.8M
Total Liab62.8M6.9M16.5M16.0M50.2M25.8M
Net Invested Capital(9.3M)196.6M284.4M181.3M254.5M163.7M
Property Plant And Equipment Gross218K245K398K2.6M4.7M5.0M
Total Current Assets32.2M202.4M295.3M191.7M261.3M185.0M
Accumulated Other Comprehensive Income(98K)14.6M8.8M(16.9M)(16.9M)(16.1M)
Capital Stock124K367K435K440K635K389.2K
Net Working Capital8.3M195.5M280.2M176.1M241.7M169.8M
Common Stock124K367K435K440K635.0K389.2K
Property Plant Equipment218K245K398K2.6M3.0M3.2M

Additional Tools for Compass Stock Analysis

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