SpringWorks Other Liab vs Accounts Payable Analysis
SWTX Stock | USD 44.84 0.07 0.16% |
SpringWorks Therapeutics financial indicator trend analysis is much more than just breaking down SpringWorks Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SpringWorks Therapeutics is a good investment. Please check the relationship between SpringWorks Therapeutics Other Liab and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpringWorks 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 estimate. For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.
Other Liab vs Accounts Payable
Other Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpringWorks Therapeutics Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SpringWorks Therapeutics' Other Liab and Accounts Payable is 0.43. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SpringWorks Therapeutics, assuming nothing else is changed. The correlation between historical values of SpringWorks Therapeutics' Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of SpringWorks Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., SpringWorks Therapeutics' Other Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Accounts Payable
An accounting item on the balance sheet that represents SpringWorks Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of SpringWorks Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from SpringWorks Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SpringWorks 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SpringWorks 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 estimate. For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.At this time, SpringWorks Therapeutics' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 38.08 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 237.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 490K | 1.9M | 422K | 400.9K | Research Development | 101.7M | 146.1M | 150.5M | 158.0M |
SpringWorks Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
SpringWorks Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SpringWorks Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 334.8M | 576.2M | 452.5M | 630.2M | 725.8M | 762.1M | |
Other Current Liab | 9.3M | 14.9M | 25.4M | 39.2M | 65.6M | 68.8M | |
Total Current Liabilities | 12.0M | 17.6M | 30.0M | 51.0M | 78.2M | 82.1M | |
Total Stockholder Equity | 322.1M | 557.1M | 422.4M | (569.9M) | 626.2M | 657.5M | |
Accounts Payable | 2.7M | 1.4M | 3.4M | 8.0M | 7.4M | 7.8M | |
Cash | 327.7M | 147.1M | 104.0M | 67.5M | 176.1M | 184.9M | |
Other Assets | 1.7M | 2.6M | 3.3M | 3.2M | 3.7M | 2.2M | |
Other Current Assets | 3.7M | 4.9M | 9.4M | 7.5M | 12.7M | 13.3M | |
Total Liab | 12.8M | 19.1M | 30.1M | 72.1M | 99.6M | 104.5M | |
Property Plant Equipment | 795K | 3.0M | 4.2M | 18.3M | 16.4M | 14.7M | |
Net Tangible Assets | 322.1M | 557.1M | 422.4M | 558.2M | 641.9M | 336.2M | |
Property Plant And Equipment Net | 795K | 3.0M | 4.2M | 18.3M | 24.1M | 25.3M | |
Net Debt | (327.7M) | (144.4M) | (102.7M) | (62.2M) | (169.0M) | (177.4M) | |
Retained Earnings | (73.0M) | (118.6M) | (292.5M) | (569.9M) | (895.0M) | (850.3M) | |
Non Current Assets Total | 3.5M | 62.8M | 69.6M | 30.5M | 224.9M | 236.1M | |
Non Currrent Assets Other | 1.7M | 2.6M | 3.3M | 3.2M | 4.2M | 2.5M | |
Cash And Short Term Investments | 327.7M | 508.5M | 373.5M | 597.0M | 479.2M | 368.0M | |
Common Stock Shares Outstanding | 43.0M | 43.3M | 48.5M | 53.3M | 63.1M | 49.5M | |
Liabilities And Stockholders Equity | 334.8M | 576.2M | 452.5M | (497.9M) | 725.8M | 762.1M | |
Non Current Liabilities Total | 789K | 1.5M | 129K | 21.0M | 21.4M | 13.9M | |
Other Stockholder Equity | 395.1M | 675.6M | 715.2M | 761K | 1.5B | 1.6B | |
Net Invested Capital | 322.1M | 557.1M | 422.4M | 558.2M | 626.2M | 386.6M | |
Long Term Investments | 976K | 57.2M | 62.1M | 9.0M | 185.3M | 194.6M | |
Property Plant And Equipment Gross | 795K | 1.1M | 5.2M | 19.5M | 26.7M | 28.1M | |
Total Current Assets | 331.4M | 513.4M | 382.9M | 599.8M | 500.9M | 374.9M | |
Accumulated Other Comprehensive Income | (334.8M) | 41K | (312K) | (767K) | 1.2M | 1.3M | |
Net Working Capital | 319.4M | 495.8M | 352.9M | 548.7M | 422.7M | 344.6M |
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 SpringWorks 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 estimate. For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for SpringWorks Stock analysis
When running SpringWorks Therapeutics' price analysis, check to measure SpringWorks 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 SpringWorks Therapeutics is operating at the current time. Most of SpringWorks Therapeutics' value examination focuses on studying past and present price action to predict the probability of SpringWorks Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpringWorks Therapeutics' price. Additionally, you may evaluate how the addition of SpringWorks Therapeutics to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
Is SpringWorks 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 SpringWorks Therapeutics. If investors know SpringWorks 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 SpringWorks 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 (5.15) | Revenue Per Share 0.401 | Return On Assets (0.37) | Return On Equity (0.63) |
The market value of SpringWorks Therapeutics is measured differently than its book value, which is the value of SpringWorks that is recorded on the company's balance sheet. Investors also form their own opinion of SpringWorks Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is SpringWorks 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 SpringWorks Therapeutics' market value can be influenced by many factors that don't directly affect SpringWorks 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 SpringWorks Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if SpringWorks Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpringWorks 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.