InhibrxInc Free Cash Flow per Share vs Current Ratio Analysis
| INBX Stock | USD 34.13 0.03 0.09% |
InhibrxInc financial indicator trend analysis is infinitely more than just investigating InhibrxInc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InhibrxInc is a good investment. Please check the relationship between InhibrxInc Free Cash Flow Per Share and its Current Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InhibrxInc. 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 labor statistics. For more information on how to buy InhibrxInc Stock please use our How to Invest in InhibrxInc guide.
Free Cash Flow Per Share vs Current Ratio
Free Cash Flow per Share vs Current Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InhibrxInc Free Cash Flow per Share account and Current Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between InhibrxInc's Free Cash Flow per Share and Current Ratio is -0.64. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Current Ratio in the same time period over historical financial statements of InhibrxInc, assuming nothing else is changed. The correlation between historical values of InhibrxInc's Free Cash Flow per Share and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of InhibrxInc are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Free Cash Flow per Share i.e., InhibrxInc's Free Cash Flow per Share and Current Ratio go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most indicators from InhibrxInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InhibrxInc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InhibrxInc. 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 labor statistics. For more information on how to buy InhibrxInc Stock please use our How to Invest in InhibrxInc guide.At this time, InhibrxInc's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 210 M in 2024, whereas Tax Provision is likely to drop 2,565 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 83.7M | 131.3M | 219.8M | 230.8M | Cost Of Revenue | 2.7M | 2.8M | 1.2M | 1.1M |
InhibrxInc fundamental ratios Correlations
Click cells to compare fundamentals
InhibrxInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InhibrxInc fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 4.8M | 13.4M | 9.6M | 17.2M | 43.3M | 45.5M | |
| Total Current Liabilities | 20.6M | 31.4M | 22.5M | 27.6M | 56.3M | 59.1M | |
| Other Liab | 363K | 2.9M | 917K | 110K | 126.5K | 120.2K | |
| Net Tangible Assets | (93.6M) | 75.5M | 52.4M | 58.1M | 66.8M | 70.1M | |
| Retained Earnings | (69.3M) | (145.4M) | (227.1M) | (372.4M) | (613.7M) | (583.0M) | |
| Accounts Payable | 3.1M | 13.5M | 9.1M | 8.3M | 11.0M | 7.2M | |
| Other Current Assets | 376K | 132.2M | 7.8M | 6.6M | 16.7M | 22.7M | |
| Total Current Assets | 15.6M | 132.2M | 139.1M | 280.5M | 295.4M | 310.1M | |
| Property Plant Equipment | 10.7M | 11.3M | 9.5M | 2.5M | 2.9M | 2.7M | |
| Total Assets | 26.5M | 143.7M | 150.5M | 290.9M | 307.9M | 323.3M | |
| Short Long Term Debt Total | 41.7M | 37.5M | 70.5M | 202.1M | 210.1M | 220.6M | |
| Total Stockholder Equity | (93.6M) | 75.5M | 52.4M | 58.1M | 43.5M | 45.7M | |
| Property Plant And Equipment Net | 10.7M | 11.3M | 9.5M | 7.2M | 9.4M | 8.2M | |
| Current Deferred Revenue | 7.9M | 3.1M | 2.0M | 166K | 149.4K | 141.9K | |
| Net Debt | 30.2M | (91.2M) | (60.8M) | (71.8M) | (67.8M) | (64.4M) | |
| Cash | 11.5M | 128.7M | 131.3M | 273.9M | 277.9M | 291.8M | |
| Non Current Assets Total | 10.9M | 11.6M | 11.3M | 10.4M | 12.5M | 9.9M | |
| Long Term Debt | 30.4M | 29.2M | 70.5M | 202.1M | 207.0M | 217.3M | |
| Cash And Short Term Investments | 11.5M | 128.7M | 131.3M | 273.9M | 277.9M | 291.8M | |
| Net Receivables | 438K | 615K | 878K | 257K | 778K | 497.4K | |
| Common Stock Shares Outstanding | 36.6M | 25.3M | 38.0M | 40.1M | 47.1M | 38.2M | |
| Liabilities And Stockholders Equity | 26.5M | 143.7M | 150.5M | 290.9M | 307.9M | 323.3M | |
| Non Current Liabilities Total | 99.5M | 36.9M | 75.6M | 205.2M | 208.1M | 111.2M | |
| Capital Lease Obligations | 7.8M | 8.2M | 6.7M | 5.0M | 3.2M | 4.9M | |
| Inventory | 3.2M | (129.3M) | (878K) | (257K) | (231.3K) | (242.9K) | |
| Other Stockholder Equity | (24.3M) | 220.8M | 279.5M | 430.4M | 657.2M | 690.1M | |
| Total Liab | 120.1M | 68.3M | 98.1M | 232.8M | 264.4M | 140.0M | |
| Net Invested Capital | (59.6M) | 104.7M | 70.5M | 260.1M | 250.5M | 263.0M | |
| Property Plant And Equipment Gross | 10.7M | 11.3M | 3.2M | 2.5M | 16.1M | 16.9M | |
| Net Working Capital | (5.0M) | 100.8M | 116.7M | 252.9M | 239.0M | 251.0M | |
| Short Term Debt | 4.7M | 1.5M | 1.7M | 1.9M | 2.1M | 2.6M |
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 InhibrxInc 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, InhibrxInc's short interest history, or implied volatility extrapolated from InhibrxInc options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InhibrxInc. 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 labor statistics. For more information on how to buy InhibrxInc Stock please use our How to Invest in InhibrxInc guide.Note that the InhibrxInc information on this page should be used as a complementary analysis to other InhibrxInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running InhibrxInc's price analysis, check to measure InhibrxInc's 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 InhibrxInc is operating at the current time. Most of InhibrxInc's value examination focuses on studying past and present price action to predict the probability of InhibrxInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InhibrxInc's price. Additionally, you may evaluate how the addition of InhibrxInc to your portfolios can decrease your overall portfolio volatility.
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Is InhibrxInc'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 InhibrxInc. If investors know InhibrxInc 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 InhibrxInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.12) | Revenue Per Share 0.038 | Quarterly Revenue Growth 4.964 | Return On Assets (0.46) | Return On Equity (4.75) |
The market value of InhibrxInc is measured differently than its book value, which is the value of InhibrxInc that is recorded on the company's balance sheet. Investors also form their own opinion of InhibrxInc's value that differs from its market value or its book value, called intrinsic value, which is InhibrxInc'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 InhibrxInc's market value can be influenced by many factors that don't directly affect InhibrxInc'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 InhibrxInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if InhibrxInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InhibrxInc'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.