Denali Retained Earnings vs Short Term Debt Analysis

DNLI Stock

USD 15.43 0.47 3.14%

Denali Therapeutics financial indicator trend analysis is much more than just examining Denali Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Denali Therapeutics is a good investment. Please check the relationship between Denali Therapeutics Retained Earnings and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denali 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 bureau of economic analysis.

For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Denali Therapeutics Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Denali Therapeutics' Retained Earnings and Short Term Debt is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Denali Therapeutics, assuming nothing else is changed. The correlation between historical values of Denali Therapeutics' Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Denali Therapeutics are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Denali Therapeutics' Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Debt

Most indicators from Denali Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Denali Therapeutics 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denali 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 bureau of economic analysis.

For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.The current Selling General Administrative is estimated to decrease to about 54.3 M. The current Tax Provision is estimated to decrease to -6,300

	2021	2022	2023	2024 (projected)
Interest Income	4.6M	14.8M	51.5M	54.1M
Net Interest Income	4.6M	14.8M	45.0M	47.3M

Interest Income Net Interest Income

Denali Therapeutics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Common Stock
Total Assets		0.91	0.75	0.99	0.49	0.96	0.89	-0.75	-0.79	0.43	0.85	0.64	0.72	0.64	0.98	0.65	0.92	0.5	0.93	0.93	0.94	0.9	0.79	0.77	0.98	0.66
Other Current Liab	0.91		0.77	0.91	0.21	0.91	0.88	-0.53	-0.89	0.57	0.67	0.49	0.77	0.53	0.91	0.59	0.87	0.28	0.89	0.92	0.96	0.79	0.84	0.66	0.91	0.59
Total Current Liabilities	0.75	0.77		0.69	-0.04	0.67	0.67	-0.41	-0.67	0.31	0.52	0.72	0.64	0.86	0.67	0.4	0.69	0.04	0.68	0.86	0.74	0.83	0.54	0.47	0.68	0.43
Total Stockholder Equity	0.99	0.91	0.69		0.46	0.98	0.88	-0.71	-0.82	0.5	0.82	0.61	0.76	0.58	0.97	0.71	0.93	0.45	0.94	0.91	0.95	0.82	0.81	0.83	0.98	0.72
Other Liab	0.49	0.21	-0.04	0.46		0.44	0.38	-0.76	0.01	-0.25	0.72	0.09	-0.08	0.07	0.54	0.22	0.36	0.97	0.29	0.21	0.29	0.51	0.2	0.33	0.53	0.22
Net Tangible Assets	0.96	0.91	0.67	0.98	0.44		0.87	-0.69	-0.81	0.51	0.79	0.56	0.75	0.56	0.96	0.57	0.94	0.45	0.94	0.91	0.95	0.8	0.8	0.76	0.96	0.57
Property Plant And Equipment Net	0.89	0.88	0.67	0.88	0.38	0.87		-0.5	-0.81	0.48	0.67	0.57	0.68	0.53	0.87	0.64	0.94	0.45	0.88	0.89	0.91	0.8	0.89	0.77	0.87	0.64
Net Debt	-0.75	-0.53	-0.41	-0.71	-0.76	-0.69	-0.5		0.26	0.03	-0.97	-0.42	-0.18	-0.37	-0.75	-0.37	-0.49	-0.73	-0.55	-0.47	-0.51	-0.74	-0.33	-0.51	-0.74	-0.38
Retained Earnings	-0.79	-0.89	-0.67	-0.82	0.01	-0.81	-0.81	0.26		-0.83	-0.46	-0.45	-0.95	-0.41	-0.78	-0.59	-0.84	-0.04	-0.93	-0.87	-0.9	-0.59	-0.94	-0.62	-0.78	-0.6
Accounts Payable	0.43	0.57	0.31	0.5	-0.25	0.51	0.48	0.03	-0.83		0.17	0.34	0.87	-0.03	0.4	0.41	0.53	-0.22	0.72	0.5	0.58	0.19	0.8	0.35	0.41	0.4
Cash	0.85	0.67	0.52	0.82	0.72	0.79	0.67	-0.97	-0.46	0.17		0.5	0.36	0.4	0.85	0.46	0.64	0.72	0.72	0.61	0.65	0.83	0.55	0.58	0.85	0.47
Non Current Assets Total	0.64	0.49	0.72	0.61	0.09	0.56	0.57	-0.42	-0.45	0.34	0.5		0.55	0.67	0.47	0.5	0.63	0.1	0.6	0.64	0.56	0.64	0.46	0.58	0.47	0.51
Non Currrent Assets Other	0.72	0.77	0.64	0.76	-0.08	0.75	0.68	-0.18	-0.95	0.87	0.36	0.55		0.44	0.68	0.53	0.8	-0.06	0.89	0.83	0.83	0.52	0.85	0.56	0.68	0.55
Other Assets	0.64	0.53	0.86	0.58	0.07	0.56	0.53	-0.37	-0.41	-0.03	0.4	0.67	0.44		0.56	0.35	0.62	0.08	0.48	0.76	0.59	0.71	0.26	0.51	0.56	0.38
Cash And Short Term Investments	0.98	0.91	0.67	0.97	0.54	0.96	0.87	-0.75	-0.78	0.4	0.85	0.47	0.68	0.56		0.62	0.89	0.55	0.9	0.89	0.93	0.86	0.78	0.74	1.0	0.63
Common Stock Total Equity	0.65	0.59	0.4	0.71	0.22	0.57	0.64	-0.37	-0.59	0.41	0.46	0.5	0.53	0.35	0.62		0.6	0.12	0.61	0.56	0.66	0.41	0.6	0.89	0.62	1.0
Common Stock Shares Outstanding	0.92	0.87	0.69	0.93	0.36	0.94	0.94	-0.49	-0.84	0.53	0.64	0.63	0.8	0.62	0.89	0.6		0.4	0.92	0.95	0.96	0.79	0.85	0.77	0.9	0.61
Non Current Liabilities Total	0.5	0.28	0.04	0.45	0.97	0.45	0.45	-0.73	-0.04	-0.22	0.72	0.1	-0.06	0.08	0.55	0.12	0.4		0.31	0.27	0.33	0.59	0.26	0.24	0.55	0.12
Capital Surpluse	0.93	0.89	0.68	0.94	0.29	0.94	0.88	-0.55	-0.93	0.72	0.72	0.6	0.89	0.48	0.9	0.61	0.92	0.31		0.9	0.93	0.76	0.93	0.71	0.91	0.62
Other Current Assets	0.93	0.92	0.86	0.91	0.21	0.91	0.89	-0.47	-0.87	0.5	0.61	0.64	0.83	0.76	0.89	0.56	0.95	0.27	0.9		0.97	0.84	0.8	0.69	0.89	0.58
Other Stockholder Equity	0.94	0.96	0.74	0.95	0.29	0.95	0.91	-0.51	-0.9	0.58	0.65	0.56	0.83	0.59	0.93	0.66	0.96	0.33	0.93	0.97		0.78	0.86	0.76	0.93	0.67
Total Liab	0.9	0.79	0.83	0.82	0.51	0.8	0.8	-0.74	-0.59	0.19	0.83	0.64	0.52	0.71	0.86	0.41	0.79	0.59	0.76	0.84	0.78		0.62	0.5	0.86	0.42
Property Plant And Equipment Gross	0.79	0.84	0.54	0.81	0.2	0.8	0.89	-0.33	-0.94	0.8	0.55	0.46	0.85	0.26	0.78	0.6	0.85	0.26	0.93	0.8	0.86	0.62		0.63	0.79	0.61
Preferred Stock Total Equity	0.77	0.66	0.47	0.83	0.33	0.76	0.77	-0.51	-0.62	0.35	0.58	0.58	0.56	0.51	0.74	0.89	0.77	0.24	0.71	0.69	0.76	0.5	0.63		0.74	0.89
Total Current Assets	0.98	0.91	0.68	0.98	0.53	0.96	0.87	-0.74	-0.78	0.41	0.85	0.47	0.68	0.56	1.0	0.62	0.9	0.55	0.91	0.89	0.93	0.86	0.79	0.74		0.63
Common Stock	0.66	0.59	0.43	0.72	0.22	0.57	0.64	-0.38	-0.6	0.4	0.47	0.51	0.55	0.38	0.63	1.0	0.61	0.12	0.62	0.58	0.67	0.42	0.61	0.89	0.63

Click cells to compare fundamentals

Denali Therapeutics Account Relationship Matchups

Denali Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	553.2M	1.6B	1.4B	1.5B	1.2B	932.8M
Other Current Liab	20.4M	42.5M	47.7M	63.8M	61.2M	31.3M
Total Current Liabilities	45.3M	71.7M	378.2M	363.9M	78.0M	121.8M
Total Stockholder Equity	394.9M	1.2B	962.3M	1.0B	1.0B	712.9M
Other Liab	44.1M	317.9M	5.1M	858K	986.7K	937.4K
Net Tangible Assets	394.9M	1.2B	962.3M	1.0B	1.2B	612.3M
Property Plant And Equipment Net	80.7M	73.5M	69.6M	74.5M	71.6M	52.4M
Net Debt	(10.6M)	(443.0M)	(234.9M)	(157.7M)	(74.9M)	(78.6M)
Retained Earnings	(425.6M)	(354.4M)	(645.0M)	(971.0M)	(1.1B)	(1.1B)
Accounts Payable	2.6M	1.1M	4.8M	2.8M	9.5M	10.0M
Cash	79.4M	507.1M	293.5M	218.0M	127.1M	194.5M
Non Current Assets Total	123.2M	108.6M	506.9M	87.9M	89.8M	154.9M
Non Currrent Assets Other	2.7M	2.5M	11.9M	11.9M	16.5M	17.4M
Other Assets	2.7M	2.5M	11.9M	13.4M	1.0	0.95
Cash And Short Term Investments	415.4M	1.5B	865.4M	1.3B	1.0B	757.9M
Common Stock Shares Outstanding	95.6M	112.7M	121.5M	125.5M	137.4M	86.7M
Liabilities And Stockholders Equity	553.2M	1.6B	1.4B	1.5B	1.2B	932.8M
Non Current Liabilities Total	113.0M	382.1M	63.6M	53.9M	45.0M	42.7M
Capital Surpluse	774.2M	818.8M	1.5B	1.6B	1.8B	1.9B
Other Current Assets	14.7M	20.3M	30.6M	36.1M	26.9M	18.9M
Other Stockholder Equity	818.8M	1.5B	1.6B	2.0B	2.1B	1.1B
Total Liab	158.3M	453.7M	441.9M	417.8M	123.0M	220.0M
Property Plant And Equipment Gross	80.7M	73.5M	69.6M	74.5M	117.6M	123.5M
Total Current Assets	430.0M	1.5B	897.2M	1.4B	1.1B	778.0M
Accumulated Other Comprehensive Income	350K	(245K)	(2.5M)	(6.9M)	643K	675.2K
Common Stock	1.3M	1.5M	1.5M	1.7M	1.7M	1.6M
Property Plant Equipment	80.7M	40.8M	69.6M	74.5M	85.7M	44.6M
Short Term Investments	335.9M	962.6M	571.9M	1.1B	907.4M	633.8M
Long Term Investments	61.3M	147.9M	39.9M	32.7M	425.4M	0.0
Non Current Liabilities Other	467K	471K	379K	382.1M	435.9K	414.1K
Net Invested Capital	394.9M	1.2B	962.3M	1.0B	1.0B	879.0M
Net Working Capital	384.7M	1.4B	519.0M	1.0B	986.2M	811.7M
Current Deferred Revenue	18.7M	23.5M	320.3M	290.1M	333.6M	350.2M
Capital Stock	1.3M	1.5M	1.5M	1.7M	1.7M	1.7M
Short Term Debt	3.7M	4.7M	5.5M	7.3M	7.3M	6.3M

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 Denali Therapeutics 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, Denali Therapeutics' short interest history, or implied volatility extrapolated from Denali Therapeutics options trading.

Pair Trading with Denali Therapeutics

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 Denali Therapeutics 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 Denali Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Denali Stock

0.73	A	Agilent Technologies Financial Report 28th of May 2024	Pair Corr
0.64	ELEV	Elevation Oncology Earnings Call This Week	Pair Corr
0.64	ENVB	Enveric Biosciences Financial Report 20th of May 2024	Pair Corr

The ability to find closely correlated positions to Denali Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denali Therapeutics 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 Denali Therapeutics - 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 Denali Therapeutics to buy it.

The correlation of Denali Therapeutics 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 Denali Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denali Therapeutics 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 Denali Therapeutics 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 Correlation Correlation Matching

When determining whether Denali Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denali Therapeutics' 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 Denali Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denali Therapeutics Stock:

How To Invest In Denali

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Is Denali Stock a good investment?

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What is Denali Therapeutics' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denali 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 bureau of economic analysis.

For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Denali Stock analysis

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

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Is Denali Therapeutics' 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 Denali Therapeutics. If investors know Denali 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 Denali Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.06)

Revenue Per Share

2.406

Quarterly Revenue Growth

(1.00)

Return On Assets

(0.09)

Return On Equity

(0.14)

The market value of Denali Therapeutics is measured differently than its book value, which is the value of Denali that is recorded on the company's balance sheet. Investors also form their own opinion of Denali Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Denali Therapeutics' 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 Denali Therapeutics' market value can be influenced by many factors that don't directly affect Denali Therapeutics' 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 Denali Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denali Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denali Therapeutics' 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.

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Denali Retained Earnings vs Short Term Debt Analysis

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Debt

Denali Therapeutics fundamental ratios Correlations

Denali Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Denali Therapeutics fundamental ratios Accounts

Pair Trading with Denali Therapeutics

Moving together with Denali Stock

Complementary Tools for Denali Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity

Cash	- 0.97	Net Debt
Non Currrent Assets Other	- 0.95	Retained Earnings
Property Plant And Equipment Gross	- 0.94	Retained Earnings
Capital Surpluse	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.9	Retained Earnings
Retained Earnings	- 0.89	Other Current Liab