RAPT Reconciled Depreciation vs Depreciation And Amortization Analysis

RAPT Stock  USD 4.04  0.10  2.42%   
RAPT Therapeutics financial indicator trend analysis is much more than just breaking down RAPT Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RAPT Therapeutics is a good investment. Please check the relationship between RAPT Therapeutics Reconciled Depreciation and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RAPT 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 american community survey.
For more information on how to buy RAPT Stock please use our How to Invest in RAPT Therapeutics guide.

Reconciled Depreciation vs Depreciation And Amortization

Reconciled Depreciation vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RAPT Therapeutics Reconciled Depreciation account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between RAPT Therapeutics' Reconciled Depreciation and Depreciation And Amortization is -0.41. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of RAPT Therapeutics, assuming nothing else is changed. The correlation between historical values of RAPT Therapeutics' Reconciled Depreciation and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of RAPT Therapeutics are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Reconciled Depreciation i.e., RAPT Therapeutics' Reconciled Depreciation and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Reconciled Depreciation

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from RAPT Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RAPT 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RAPT 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 american community survey.
For more information on how to buy RAPT Stock please use our How to Invest in RAPT Therapeutics guide.At this time, RAPT Therapeutics' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 12.53 in 2024, whereas Selling General Administrative is likely to drop slightly above 14.6 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation996K1.0M1.1M944.2K
Total Operating Expenses73.0M87.3M123.5M71.0M

RAPT Therapeutics fundamental ratios Correlations

0.540.810.950.840.890.840.57-0.850.77-0.450.910.90.781.00.910.9-0.750.890.830.95-0.720.950.621.01.0
0.540.70.480.430.730.740.18-0.840.78-0.130.740.820.030.530.580.7-0.40.770.350.64-0.340.480.970.530.5
0.810.70.840.910.910.840.36-0.920.95-0.240.870.820.310.80.910.98-0.780.910.820.93-0.730.840.810.80.77
0.950.480.840.890.870.820.41-0.840.76-0.310.860.830.680.950.960.91-0.920.870.910.95-0.91.00.620.950.94
0.840.430.910.890.890.680.47-0.830.78-0.390.730.720.450.830.890.92-0.850.870.970.9-0.820.890.590.840.81
0.890.730.910.870.890.780.46-0.970.83-0.40.840.930.440.890.890.95-0.761.00.860.92-0.720.870.830.890.87
0.840.740.840.820.680.780.22-0.820.86-0.060.980.830.520.830.830.87-0.690.80.660.87-0.660.820.770.830.81
0.570.180.360.410.470.460.22-0.420.42-0.970.340.470.50.580.360.42-0.150.450.410.51-0.120.410.180.580.59
-0.85-0.84-0.92-0.84-0.83-0.97-0.82-0.42-0.90.35-0.87-0.95-0.35-0.84-0.9-0.950.75-0.99-0.77-0.920.7-0.84-0.92-0.84-0.82
0.770.780.950.760.780.830.860.42-0.9-0.280.890.830.280.760.860.93-0.670.850.660.91-0.610.760.840.760.73
-0.45-0.13-0.24-0.31-0.39-0.4-0.06-0.970.35-0.28-0.18-0.39-0.38-0.47-0.26-0.30.1-0.39-0.35-0.390.07-0.31-0.13-0.47-0.48
0.910.740.870.860.730.840.980.34-0.870.89-0.180.90.590.90.890.92-0.690.860.680.93-0.650.860.780.90.88
0.90.820.820.830.720.930.830.47-0.950.83-0.390.90.530.90.870.9-0.650.950.670.9-0.60.830.860.90.88
0.780.030.310.680.450.440.520.5-0.350.28-0.380.590.530.790.540.46-0.40.420.50.59-0.410.680.060.790.81
1.00.530.80.950.830.890.830.58-0.840.76-0.470.90.90.790.90.89-0.740.880.820.95-0.710.950.611.01.0
0.910.580.910.960.890.890.830.36-0.90.86-0.260.890.870.540.90.96-0.890.90.850.98-0.870.960.720.90.88
0.90.70.980.910.920.950.870.42-0.950.93-0.30.920.90.460.890.96-0.810.950.840.98-0.770.910.80.90.87
-0.75-0.4-0.78-0.92-0.85-0.76-0.69-0.150.75-0.670.1-0.69-0.65-0.4-0.74-0.89-0.81-0.77-0.89-0.821.0-0.92-0.59-0.75-0.73
0.890.770.910.870.871.00.80.45-0.990.85-0.390.860.950.420.880.90.95-0.770.830.93-0.720.870.870.880.86
0.830.350.820.910.970.860.660.41-0.770.66-0.350.680.670.50.820.850.84-0.890.830.85-0.880.910.530.830.81
0.950.640.930.950.90.920.870.51-0.920.91-0.390.930.90.590.950.980.98-0.820.930.85-0.790.950.740.950.93
-0.72-0.34-0.73-0.9-0.82-0.72-0.66-0.120.7-0.610.07-0.65-0.6-0.41-0.71-0.87-0.771.0-0.72-0.88-0.79-0.9-0.53-0.72-0.7
0.950.480.841.00.890.870.820.41-0.840.76-0.310.860.830.680.950.960.91-0.920.870.910.95-0.90.620.950.94
0.620.970.810.620.590.830.770.18-0.920.84-0.130.780.860.060.610.720.8-0.590.870.530.74-0.530.620.610.58
1.00.530.80.950.840.890.830.58-0.840.76-0.470.90.90.791.00.90.9-0.750.880.830.95-0.720.950.611.0
1.00.50.770.940.810.870.810.59-0.820.73-0.480.880.880.811.00.880.87-0.730.860.810.93-0.70.940.581.0
Click cells to compare fundamentals

RAPT Therapeutics Account Relationship Matchups

RAPT Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.6M119.0M198.6M266.2M173.3M151.1M
Other Current Liab471K328K254K8.7M14.2M14.9M
Total Current Liabilities9.3M11.7M9.6M14.2M21.8M11.7M
Total Stockholder Equity73.1M104.2M186.4M245.2M147.0M119.0M
Other Liab969K2.2M3.0M2.7M3.1M2.2M
Net Tangible Assets73.1M104.2M186.4M245.2M281.9M296.0M
Property Plant And Equipment Net3.7M3.0M2.7M9.5M7.7M5.1M
Net Debt(77.4M)(24.9M)(24.0M)(30.0M)(40.6M)(42.6M)
Retained Earnings(162.0M)(214.8M)(284.0M)(367.9M)(484.7M)(460.4M)
Accounts Payable1.1M2.4M2.0M3.4M5.2M2.7M
Cash77.4M24.9M24.0M38.9M47.5M37.0M
Non Current Assets Total4.1M3.4M5.7M13.5M11.5M7.1M
Cash And Short Term Investments77.4M111.5M189.7M249.1M158.9M141.1M
Common Stock Shares Outstanding21.8M24.1M27.4M32.5M38.3M27.7M
Liabilities And Stockholders Equity84.6M119.0M198.6M266.2M173.3M151.1M
Non Current Liabilities Total2.2M3.0M2.7M6.8M4.5M4.2M
Capital Surpluse235.0M319.2M470.6M613.1M705.0M740.3M
Other Current Assets3.1M4.1M3.3M3.6M2.9M3.0M
Other Stockholder Equity150.4M319.2M470.6M613.1M631.6M375.9M
Total Liab11.5M14.8M12.3M21.0M26.3M23.3M
Net Invested Capital73.1M104.2M186.4M245.2M147.0M119.0M
Property Plant And Equipment Gross3.7M3.0M2.7M9.5M17.0M17.9M
Total Current Assets80.5M115.6M193.0M252.7M161.8M144.1M
Accumulated Other Comprehensive Income20K(177K)(206K)(26K)103.0K108.1K
Net Working Capital71.3M103.9M183.4M238.5M139.9M132.4M
Property Plant Equipment3.7M3.0M2.7M2.5M2.3M2.4M

Pair Trading with RAPT 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 RAPT 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 RAPT Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against RAPT Stock

  0.51DSGN Design TherapeuticsPairCorr
  0.45OPT OptheaPairCorr
The ability to find closely correlated positions to RAPT 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 RAPT 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 RAPT 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 RAPT Therapeutics to buy it.
The correlation of RAPT 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 RAPT Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RAPT 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 RAPT 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 CorrelationCorrelation Matching
When determining whether RAPT Therapeutics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if RAPT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Rapt Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Rapt Therapeutics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RAPT 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 american community survey.
For more information on how to buy RAPT Stock please use our How to Invest in RAPT Therapeutics guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is RAPT 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 RAPT Therapeutics. If investors know RAPT 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 RAPT 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
(3.08)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.40)
Return On Equity
(0.67)
The market value of RAPT Therapeutics is measured differently than its book value, which is the value of RAPT that is recorded on the company's balance sheet. Investors also form their own opinion of RAPT Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is RAPT 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 RAPT Therapeutics' market value can be influenced by many factors that don't directly affect RAPT 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 RAPT Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if RAPT Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RAPT 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.