Cassava Cash And Short Term Investments vs Other Current Liab Analysis
SAVA Stock | USD 23.12 1.56 7.24% |
Cassava Sciences financial indicator trend analysis is way more than just evaluating Cassava Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cassava Sciences is a good investment. Please check the relationship between Cassava Sciences Cash And Short Term Investments and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.
Cash And Short Term Investments vs Other Current Liab
Cash And Short Term Investments vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassava Sciences Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cassava Sciences' Cash And Short Term Investments and Other Current Liab is 0.48. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Cassava Sciences, assuming nothing else is changed. The correlation between historical values of Cassava Sciences' Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Cassava Sciences are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Cassava Sciences' Cash And Short Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cassava Sciences balance sheet. This account contains Cassava Sciences investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cassava Sciences fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Current Liab
Most indicators from Cassava Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cassava Sciences 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.At present, Cassava Sciences' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 777.5 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 49K | 2.8M | 7.8M | 8.2M | Interest Income | 49K | 2.8M | 7.8M | 8.2M |
Cassava Sciences fundamental ratios Correlations
Click cells to compare fundamentals
Cassava Sciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cassava Sciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.5M | 94.3M | 266.8M | 234.8M | 151.7M | 114.4M | |
Total Current Liabilities | 1.4M | 1.9M | 12.5M | 7.1M | 14.2M | 7.4M | |
Total Stockholder Equity | 22.1M | 92.2M | 253.9M | 227.5M | 137.5M | 80.1M | |
Property Plant And Equipment Net | 137K | 306K | 20.8M | 23.0M | 21.9M | 22.9M | |
Net Debt | (23.0M) | (93.2M) | (233.2M) | (200.9M) | (121.1M) | (115.1M) | |
Retained Earnings | (168.6M) | (174.9M) | (207.3M) | (283.6M) | (380.8M) | (361.7M) | |
Accounts Payable | 453K | 911K | 7.1M | 4.0M | 10.6M | 11.1M | |
Cash | 23.1M | 93.5M | 233.4M | 201.0M | 121.1M | 69.6M | |
Non Current Assets Total | 137K | 306K | 22.3M | 23.6M | 22.0M | 23.1M | |
Cash And Short Term Investments | 23.1M | 93.5M | 233.4M | 201.0M | 121.1M | 100.9M | |
Common Stock Total Equity | 7K | 17K | 22K | 35K | 40K | 39.3K | |
Common Stock Shares Outstanding | 17.4M | 26.1M | 39.4M | 40.2M | 41.9M | 44.0M | |
Liabilities And Stockholders Equity | 23.5M | 94.3M | 266.8M | 234.8M | 151.7M | 114.4M | |
Non Current Liabilities Total | 294K | 543K | 235K | 333K | 232K | 0.0 | |
Other Current Assets | 268K | 488K | 11.0M | 10.2M | 7.5M | 7.9M | |
Other Stockholder Equity | 191.6M | 267.1M | 461.2M | 511.0M | 518.2M | 544.1M | |
Total Liab | 1.4M | 2.1M | 12.9M | 7.3M | 14.2M | 24.9M | |
Property Plant And Equipment Gross | 137K | 11K | 20.8M | 23.0M | 24.1M | 25.3M | |
Total Current Assets | 23.3M | 94.0M | 244.5M | 211.2M | 129.6M | 110.4M | |
Common Stock | 190.7M | 267.1M | 461.2M | 511.1M | 42K | 39.9K | |
Other Current Liab | 9K | 94K | 631K | 2.9M | 3.6M | 3.8M | |
Non Currrent Assets Other | (1K) | 90K | 295K | 399K | 359.1K | 305.9K | |
Net Tangible Assets | 22.1M | 92.2M | 252.8M | 226.9M | 261.0M | 274.0M | |
Retained Earnings Total Equity | (164.0M) | (168.6M) | (174.9M) | (207.3M) | (186.6M) | (195.9M) | |
Capital Surpluse | 183.6M | 190.7M | 267.1M | 461.2M | 530.4M | 556.9M | |
Property Plant Equipment | 47K | 306K | 20.8M | 23.0M | 26.4M | 27.8M | |
Net Invested Capital | 22.1M | 92.2M | 253.9M | 227.5M | 137.5M | 119.8M | |
Net Working Capital | 22.0M | 92.1M | 231.9M | 204.2M | 115.4M | 109.2M | |
Capital Stock | 22K | 35K | 40K | 42K | 48.3K | 36.3K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Cassava Stock analysis
When running Cassava Sciences' price analysis, check to measure Cassava Sciences' 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 Cassava Sciences is operating at the current time. Most of Cassava Sciences' value examination focuses on studying past and present price action to predict the probability of Cassava Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassava Sciences' price. Additionally, you may evaluate how the addition of Cassava Sciences to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Cassava Sciences' 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 Cassava Sciences. If investors know Cassava 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 Cassava Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.17) | Return On Assets (0.33) | Return On Equity (0.34) |
The market value of Cassava Sciences is measured differently than its book value, which is the value of Cassava that is recorded on the company's balance sheet. Investors also form their own opinion of Cassava Sciences' value that differs from its market value or its book value, called intrinsic value, which is Cassava Sciences' 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 Cassava Sciences' market value can be influenced by many factors that don't directly affect Cassava Sciences' 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 Cassava Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cassava Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cassava Sciences' 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.