Curis Net Tangible Assets vs Property Plant Equipment Analysis

CRIS Stock  USD 16.36  0.15  0.91%   
Curis financial indicator trend analysis is way more than just evaluating Curis Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curis Inc is a good investment. Please check the relationship between Curis Net Tangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Curis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Curis Inc Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Curis' Net Tangible Assets and Property Plant Equipment is 0.48. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Curis Inc, assuming nothing else is changed. The correlation between historical values of Curis' Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Curis Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Curis' Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from Curis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curis Inc 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 Curis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Sales General And Administrative To Revenue is likely to gain to 3.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 14.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.1M9.9M10.0M10.5M
Total Revenue10.6M10.2M10.0M11.2M

Curis fundamental ratios Correlations

-0.270.170.710.90.84-0.42-0.78-0.440.430.820.760.530.980.430.330.450.670.56-0.140.560.630.751.00.060.28
-0.27-0.36-0.35-0.11-0.610.120.510.19-0.03-0.17-0.54-0.39-0.25-0.160.35-0.57-0.19-0.330.19-0.2-0.35-0.69-0.230.410.56
0.17-0.360.430.070.32-0.53-0.31-0.380.230.190.370.280.120.40.090.49-0.030.150.040.380.220.410.14-0.92-0.14
0.71-0.350.430.470.77-0.65-0.59-0.610.680.590.770.630.690.720.440.690.440.63-0.210.660.750.730.69-0.170.21
0.9-0.110.070.470.7-0.07-0.67-0.120.230.720.540.390.870.060.330.20.620.160.040.250.240.590.910.110.35
0.84-0.610.320.770.7-0.33-0.78-0.360.240.660.860.660.80.380.010.630.550.53-0.110.450.620.930.82-0.13-0.1
-0.420.12-0.53-0.65-0.07-0.330.320.85-0.66-0.42-0.56-0.41-0.43-0.94-0.36-0.58-0.19-0.760.35-0.84-0.79-0.36-0.390.28-0.17
-0.780.51-0.31-0.59-0.67-0.780.320.35-0.32-0.91-0.61-0.25-0.71-0.33-0.06-0.38-0.13-0.46-0.05-0.44-0.52-0.74-0.770.180.04
-0.440.19-0.38-0.61-0.12-0.360.850.35-0.56-0.37-0.73-0.56-0.38-0.74-0.38-0.79-0.22-0.70.11-0.99-0.72-0.5-0.40.1-0.02
0.43-0.030.230.680.230.24-0.66-0.32-0.560.40.350.320.440.730.60.30.210.51-0.150.580.580.170.43-0.050.56
0.82-0.170.190.590.720.66-0.42-0.91-0.370.40.490.130.80.440.250.230.160.49-0.110.460.540.580.830.010.22
0.76-0.540.370.770.540.86-0.56-0.61-0.730.350.490.860.690.520.20.870.590.63-0.080.780.690.890.71-0.12-0.07
0.53-0.390.280.630.390.66-0.41-0.25-0.560.320.130.860.480.420.250.760.680.41-0.050.60.490.650.49-0.050.04
0.98-0.250.120.690.870.8-0.43-0.71-0.380.440.80.690.480.480.320.380.710.59-0.330.490.650.690.980.10.31
0.43-0.160.40.720.060.38-0.94-0.33-0.740.730.440.520.420.480.340.490.240.85-0.470.730.870.330.42-0.20.23
0.330.350.090.440.330.01-0.36-0.06-0.380.60.250.20.250.320.340.160.320.07-0.040.420.160.010.330.090.77
0.45-0.570.490.690.20.63-0.58-0.38-0.790.30.230.870.760.380.490.160.380.5-0.140.790.570.810.39-0.26-0.31
0.67-0.19-0.030.440.620.55-0.19-0.13-0.220.210.160.590.680.710.240.320.380.36-0.340.30.40.460.660.170.3
0.56-0.330.150.630.160.53-0.76-0.46-0.70.510.490.630.410.590.850.070.50.36-0.40.710.990.470.540.00.01
-0.140.190.04-0.210.04-0.110.35-0.050.11-0.15-0.11-0.08-0.05-0.33-0.47-0.04-0.14-0.34-0.4-0.1-0.39-0.13-0.14-0.070.02
0.56-0.20.380.660.250.45-0.84-0.44-0.990.580.460.780.60.490.730.420.790.30.71-0.10.740.560.51-0.080.07
0.63-0.350.220.750.240.62-0.79-0.52-0.720.580.540.690.490.650.870.160.570.40.99-0.390.740.550.61-0.040.06
0.75-0.690.410.730.590.93-0.36-0.74-0.50.170.580.890.650.690.330.010.810.460.47-0.130.560.550.7-0.21-0.29
1.0-0.230.140.690.910.82-0.39-0.77-0.40.430.830.710.490.980.420.330.390.660.54-0.140.510.610.70.080.31
0.060.41-0.92-0.170.11-0.130.280.180.1-0.050.01-0.12-0.050.1-0.20.09-0.260.170.0-0.07-0.08-0.04-0.210.080.23
0.280.56-0.140.210.35-0.1-0.170.04-0.020.560.22-0.070.040.310.230.77-0.310.30.010.020.070.06-0.290.310.23
Click cells to compare fundamentals

Curis Account Relationship Matchups

Curis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.1M204.4M162.3M108.8M77.3M85.8M
Short Long Term Debt Total166K7.7M5.0M6.7M2.8M2.7M
Other Current Liab1.9M3.6M6.3M5.7M9.0M9.5M
Total Current Liabilities6.5M14.6M17.8M12.8M13.5M8.6M
Total Stockholder Equity(33.9M)130.7M90.7M46.6M19.7M36.9M
Property Plant And Equipment Net303K7.2M6.3M5.1M3.5M2.3M
Net Debt(15.3M)(121.9M)(35.0M)(12.9M)(23.9M)(25.1M)
Retained Earnings(1.0B)(1.0B)(1.1B)(1.1B)(1.2B)(1.3B)
Accounts Payable4.5M4.2M6.4M3.2M3.2M3.0M
Cash15.4M129.6M40.0M19.7M26.7M28.9M
Non Current Assets Total10.4M17.4M18.5M19.6M16.4M15.7M
Non Currrent Assets Other209K1.2M3.3M3.7M2.5M1.3M
Cash And Short Term Investments20.5M183.1M139.8M85.6M56.3M57.3M
Net Receivables3.2M3.0M3.2M3.0M2.8M1.7M
Common Stock Shares Outstanding1.7M2.4M4.6M4.7M5.3M5.6M
Short Term Investments5.1M38.9M75.9M66.0M29.7M27.3M
Liabilities And Stockholders Equity35.1M204.4M162.3M108.8M77.3M85.8M
Non Current Liabilities Total62.5M59.1M53.8M49.5M44.1M27.6M
Other Current Assets1.1M1.2M3.3M3.5M1.8M1.7M
Other Stockholder Equity982.7M1.2B1.2B1.2B1.2B1.3B
Total Liab69.0M73.7M71.6M62.3M57.6M35.1M
Property Plant And Equipment Gross303K7.2M6.3M5.1M5.5M5.8M
Total Current Assets24.8M186.9M143.8M89.2M60.9M64.2M
Accumulated Other Comprehensive Income(2.1M)(3K)(109K)(186K)229K240.5K
Short Term Debt166K6.8M5.0M3.9M1.3M1.2M
Other Assets819K22.0M726K2.7M3.1M1.8M
Property Plant Equipment154K7.2M505K689K620.1K589.1K
Other Liab62.5M58.2M53.8M49.5M56.9M59.8M
Inventory(94K)(399K)(2.5M)(2.9M)(2.6M)(2.5M)
Net Tangible Assets(42.9M)121.7M81.7M37.6M43.2M35.2M
Retained Earnings Total Equity(1.0B)(1.0B)(1.1B)(1.1B)(1.0B)(1.1B)
Capital Surpluse982.7M1.2B1.2B1.2B1.4B1.1B

Pair Trading with Curis

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 Curis 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 Curis will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Curis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Curis 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 Curis - 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 Curis Inc to buy it.
The correlation of Curis 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 Curis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Curis Inc 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 Curis 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 Curis Inc is a strong investment it is important to analyze Curis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Curis' future performance. For an informed investment choice regarding Curis Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Curis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Curis' price analysis, check to measure Curis' 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 Curis is operating at the current time. Most of Curis' value examination focuses on studying past and present price action to predict the probability of Curis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curis' price. Additionally, you may evaluate how the addition of Curis to your portfolios can decrease your overall portfolio volatility.
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Is Curis' 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 Curis. If investors know Curis 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 Curis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.96)
Revenue Per Share
1.894
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.32)
Return On Equity
(1.43)
The market value of Curis Inc is measured differently than its book value, which is the value of Curis that is recorded on the company's balance sheet. Investors also form their own opinion of Curis' value that differs from its market value or its book value, called intrinsic value, which is Curis' 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 Curis' market value can be influenced by many factors that don't directly affect Curis' 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 Curis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Curis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curis' 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.