SIGA Total Current Liabilities vs Property Plant And Equipment Net Analysis

SIGA Stock  USD 7.50  0.25  3.23%   
SIGA Technologies financial indicator trend analysis is much more than just breaking down SIGA Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIGA Technologies is a good investment. Please check the relationship between SIGA Technologies Total Current Liabilities and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIGA Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.

Total Current Liabilities vs Property Plant And Equipment Net

Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIGA Technologies Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SIGA Technologies' Total Current Liabilities and Property Plant And Equipment Net is 0.53. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of SIGA Technologies, assuming nothing else is changed. The correlation between historical values of SIGA Technologies' Total Current Liabilities and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of SIGA Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., SIGA Technologies' Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on SIGA Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SIGA Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from SIGA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIGA Technologies 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 SIGA Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.At present, SIGA Technologies' Tax Provision 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 237.1 M, whereas Selling General Administrative is forecasted to decline to about 17.9 M.
 2023 2024 (projected)
Extraordinary Items2.4M2.2M
Reconciled Depreciation538.3K445.8K

SIGA Technologies fundamental ratios Correlations

-0.010.580.310.03-0.020.080.140.60.160.670.070.88-0.50.80.80.410.110.08-0.040.560.02-0.040.190.630.66
-0.010.14-0.03-0.08-0.53-0.190.110.150.110.070.040.080.060.050.050.190.22-0.030.010.14-0.14-0.01-0.030.410.19
0.580.140.490.35-0.03-0.33-0.160.330.780.27-0.280.69-0.120.380.380.240.140.53-0.420.610.21-0.41-0.160.560.38
0.31-0.030.490.95-0.06-0.67-0.010.160.170.05-0.930.6-0.480.490.490.47-0.490.65-0.960.660.6-0.95-0.20.420.09
0.03-0.080.350.95-0.06-0.74-0.06-0.110.12-0.23-0.980.38-0.410.310.310.36-0.570.66-0.980.560.62-0.97-0.280.19-0.19
-0.02-0.53-0.03-0.06-0.06-0.01-0.15-0.040.00.040.05-0.020.01-0.14-0.14-0.13-0.11-0.080.06-0.22-0.020.1-0.11-0.42-0.08
0.08-0.19-0.33-0.67-0.74-0.010.510.21-0.170.260.73-0.40.52-0.29-0.29-0.420.67-0.80.74-0.55-0.450.670.37-0.020.29
0.140.11-0.16-0.01-0.06-0.150.510.29-0.080.220.06-0.110.290.010.01-0.190.52-0.490.08-0.3-0.08-0.030.220.240.31
0.60.150.330.16-0.11-0.040.210.290.30.950.040.44-0.010.320.320.280.370.080.00.070.11-0.050.320.630.95
0.160.110.780.170.120.0-0.17-0.080.30.18-0.120.220.31-0.07-0.07-0.090.440.49-0.220.070.13-0.21-0.170.250.27
0.670.070.270.05-0.230.040.260.220.950.180.180.48-0.090.360.360.30.310.00.150.07-0.10.110.340.570.96
0.070.04-0.28-0.93-0.980.050.730.060.04-0.120.18-0.290.31-0.2-0.2-0.340.55-0.660.99-0.46-0.620.980.27-0.20.14
0.880.080.690.60.38-0.02-0.4-0.110.440.220.48-0.29-0.710.880.880.57-0.220.45-0.390.780.23-0.35-0.010.590.46
-0.50.06-0.12-0.48-0.410.010.520.29-0.010.31-0.090.31-0.71-0.88-0.88-0.390.64-0.30.33-0.6-0.230.250.18-0.060.03
0.80.050.380.490.31-0.14-0.290.010.32-0.070.36-0.20.88-0.881.00.36-0.280.22-0.260.630.19-0.22-0.10.40.31
0.80.050.380.490.31-0.14-0.290.010.32-0.070.36-0.20.88-0.881.00.36-0.280.22-0.260.630.19-0.22-0.10.40.31
0.410.190.240.470.36-0.13-0.42-0.190.28-0.090.3-0.340.57-0.390.360.36-0.340.49-0.360.660.18-0.350.540.440.24
0.110.220.14-0.49-0.57-0.110.670.520.370.440.310.55-0.220.64-0.28-0.28-0.34-0.410.51-0.45-0.460.440.230.210.42
0.08-0.030.530.650.66-0.08-0.8-0.490.080.490.0-0.660.45-0.30.220.220.49-0.41-0.70.520.45-0.64-0.110.23-0.01
-0.040.01-0.42-0.96-0.980.060.740.080.0-0.220.150.99-0.390.33-0.26-0.26-0.360.51-0.7-0.54-0.620.990.29-0.280.09
0.560.140.610.660.56-0.22-0.55-0.30.070.070.07-0.460.78-0.60.630.630.66-0.450.52-0.540.32-0.510.10.520.13
0.02-0.140.210.60.62-0.02-0.45-0.080.110.13-0.1-0.620.23-0.230.190.190.18-0.460.45-0.620.32-0.62-0.180.11-0.09
-0.04-0.01-0.41-0.95-0.970.10.67-0.03-0.05-0.210.110.98-0.350.25-0.22-0.22-0.350.44-0.640.99-0.51-0.620.25-0.340.03
0.19-0.03-0.16-0.2-0.28-0.110.370.220.32-0.170.340.27-0.010.18-0.1-0.10.540.23-0.110.290.1-0.180.250.150.3
0.630.410.560.420.19-0.42-0.020.240.630.250.57-0.20.59-0.060.40.40.440.210.23-0.280.520.11-0.340.150.72
0.660.190.380.09-0.19-0.080.290.310.950.270.960.140.460.030.310.310.240.42-0.010.090.13-0.090.030.30.72
Click cells to compare fundamentals

SIGA Technologies Account Relationship Matchups

SIGA Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets198.6M149.8M214.7M195.0M254.8M267.6M
Other Current Liab5.9M5.5M24.2M7.1M31.3M32.9M
Total Current Liabilities91.7M10.5M30.5M21.5M54.1M56.8M
Total Stockholder Equity97.8M129.8M174.3M170.2M196.9M206.7M
Retained Earnings(123.0M)(95.2M)(51.8M)(63.8M)(38.9M)(40.9M)
Accounts Payable3.1M1.3M2.0M3.4M1.5M2.2M
Non Current Assets Total18.5M6.2M6.0M9.2M15.8M23.1M
Non Currrent Assets Other856.8K676.9K286.6K252.5K2.1M2.0M
Common Stock Shares Outstanding82.2M79.4M76.4M73.5M71.7M45.4M
Liabilities And Stockholders Equity198.6M149.8M214.7M195.0M254.8M267.6M
Other Current Assets101.0M2.1M2.5M2.3M3.5M5.4M
Other Stockholder Equity220.8M225.0M226.1M234.0M235.8M133.2M
Total Liab100.8M20.0M40.4M24.9M58.0M98.5M
Total Current Assets180.0M143.6M208.8M185.8M239.0M250.9M
Net Debt15.2M(117.4M)(102.7M)(98.3M)(148.7M)(141.2M)
Cash65.2M117.9M103.1M98.8M150.1M157.7M
Cash And Short Term Investments65.2M117.9M103.1M98.8M150.1M157.7M
Net Receivables4.2M3.3M83.7M45.4M21.1M22.2M
Short Long Term Debt Total80.5M449.9K466.8K528.2K1.5M1.4M
Property Plant And Equipment Net2.6M2.1M2.4M1.8M1.3M1.2M
Non Current Liabilities Total9.0M9.6M9.9M3.4M3.9M3.7M
Property Plant And Equipment Gross2.6M2.1M7.0M1.8M6.9M7.3M
Short Term Debt80.5M449.9K466.8K528.2K564.0K592.2K
Other Liab9.0M7.7M7.8M2.4M2.7M2.6M
Other Assets15.0M3.2M214.7M6.5M7.5M7.1M
Common Stock Total Equity8.1K7.7K7.4K7.3K8.4K5.3K
Common Stock8.1K7.7K7.4K7.3K7.1K5.4K
Property Plant Equipment2.6M2.1M2.4M1.8M2.1M1.2M
Current Deferred Revenue2.3M3.3M3.8M10.6M20.8M19.7M
Inventory9.7M20.3M19.5M39.3M64.2M67.4M
Retained Earnings Total Equity(123.0M)(95.2M)(51.8M)(63.8M)(57.4M)(60.3M)
Net Tangible Assets96.9M128.9M173.4M170.2M195.7M205.5M
Capital Surpluse220.8M225.0M226.1M234.0M269.1M237.8M
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 SIGA Technologies 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, SIGA Technologies' short interest history, or implied volatility extrapolated from SIGA Technologies options trading.

Currently Active Assets on Macroaxis

When determining whether SIGA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SIGA Technologies' 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 Siga Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siga Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIGA Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.
Note that the SIGA Technologies information on this page should be used as a complementary analysis to other SIGA Technologies' 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running SIGA Technologies' price analysis, check to measure SIGA Technologies' 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 SIGA Technologies is operating at the current time. Most of SIGA Technologies' value examination focuses on studying past and present price action to predict the probability of SIGA Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIGA Technologies' price. Additionally, you may evaluate how the addition of SIGA Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SIGA Technologies' 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 SIGA Technologies. If investors know SIGA 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 SIGA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.721
Earnings Share
0.95
Revenue Per Share
2.209
Quarterly Revenue Growth
2.055
Return On Assets
0.2839
The market value of SIGA Technologies is measured differently than its book value, which is the value of SIGA that is recorded on the company's balance sheet. Investors also form their own opinion of SIGA Technologies' value that differs from its market value or its book value, called intrinsic value, which is SIGA Technologies' 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 SIGA Technologies' market value can be influenced by many factors that don't directly affect SIGA Technologies' 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 SIGA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIGA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIGA Technologies' 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.