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 DirectionPositive 
Relationship StrengthWeak

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 Revenue490K1.9M422K400.9K
Research Development101.7M146.1M150.5M158.0M

SpringWorks Therapeutics fundamental ratios Correlations

0.910.80.530.820.430.70.840.120.190.940.690.640.310.650.28-0.19-0.64-0.640.940.86-0.68-0.890.820.940.95
0.910.90.510.920.510.540.750.020.340.970.850.830.310.790.37-0.14-0.84-0.840.770.98-0.52-0.990.940.840.76
0.80.90.410.80.830.420.81-0.340.690.860.890.73-0.130.870.730.3-0.74-0.740.640.86-0.41-0.870.820.70.63
0.530.510.410.330.090.630.36-0.310.220.590.280.60.250.450.0-0.13-0.6-0.60.450.35-0.63-0.430.720.480.37
0.820.920.80.330.430.390.760.090.20.930.760.680.340.660.28-0.21-0.69-0.690.710.9-0.37-0.940.820.820.71
0.430.510.830.090.430.160.66-0.640.90.480.670.34-0.650.680.980.76-0.34-0.340.320.47-0.17-0.460.370.340.33
0.70.540.420.630.390.160.460.090.020.620.310.420.310.330.0-0.24-0.43-0.430.690.45-1.0-0.50.520.660.69
0.840.750.810.360.760.660.46-0.20.380.830.630.52-0.10.480.560.18-0.33-0.330.870.68-0.45-0.730.620.880.84
0.120.02-0.34-0.310.09-0.640.09-0.2-0.84-0.03-0.17-0.10.79-0.33-0.7-0.850.080.080.190.15-0.06-0.11-0.070.150.26
0.190.340.690.220.20.90.020.38-0.840.290.550.34-0.720.690.920.84-0.4-0.40.020.28-0.03-0.270.330.050.0
0.940.970.860.590.930.480.620.83-0.030.290.780.750.290.730.33-0.15-0.75-0.750.840.9-0.61-0.940.910.910.82
0.690.850.890.280.760.670.310.63-0.170.550.780.730.010.790.580.15-0.74-0.740.50.85-0.3-0.840.770.640.52
0.640.830.730.60.680.340.420.52-0.10.340.750.730.310.590.25-0.15-0.8-0.80.530.82-0.4-0.840.910.610.44
0.310.31-0.130.250.34-0.650.31-0.10.79-0.720.290.010.31-0.07-0.76-0.98-0.34-0.340.30.35-0.28-0.360.370.340.3
0.650.790.870.450.660.680.330.48-0.330.690.730.790.59-0.070.60.25-0.88-0.880.370.76-0.32-0.740.780.430.4
0.280.370.730.00.280.980.00.56-0.70.920.330.580.25-0.760.60.85-0.23-0.230.190.33-0.01-0.320.240.190.19
-0.19-0.140.3-0.13-0.210.76-0.240.18-0.850.84-0.150.15-0.15-0.980.250.850.150.15-0.23-0.20.210.21-0.19-0.25-0.23
-0.64-0.84-0.74-0.6-0.69-0.34-0.43-0.330.08-0.4-0.75-0.74-0.8-0.34-0.88-0.230.151.0-0.38-0.820.410.81-0.91-0.46-0.37
-0.64-0.84-0.74-0.6-0.69-0.34-0.43-0.330.08-0.4-0.75-0.74-0.8-0.34-0.88-0.230.151.0-0.38-0.820.410.81-0.91-0.46-0.37
0.940.770.640.450.710.320.690.870.190.020.840.50.530.30.370.19-0.23-0.38-0.380.72-0.67-0.760.660.960.98
0.860.980.860.350.90.470.450.680.150.280.90.850.820.350.760.33-0.2-0.82-0.820.72-0.43-0.990.890.780.72
-0.68-0.52-0.41-0.63-0.37-0.17-1.0-0.45-0.06-0.03-0.61-0.3-0.4-0.28-0.32-0.010.210.410.41-0.67-0.430.48-0.5-0.64-0.67
-0.89-0.99-0.87-0.43-0.94-0.46-0.5-0.73-0.11-0.27-0.94-0.84-0.84-0.36-0.74-0.320.210.810.81-0.76-0.990.48-0.92-0.83-0.74
0.820.940.820.720.820.370.520.62-0.070.330.910.770.910.370.780.24-0.19-0.91-0.910.660.89-0.5-0.920.740.61
0.940.840.70.480.820.340.660.880.150.050.910.640.610.340.430.19-0.25-0.46-0.460.960.78-0.64-0.830.740.94
0.950.760.630.370.710.330.690.840.260.00.820.520.440.30.40.19-0.23-0.37-0.370.980.72-0.67-0.740.610.94
Click cells to compare fundamentals

SpringWorks Therapeutics Account Relationship Matchups

SpringWorks Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets334.8M576.2M452.5M630.2M725.8M762.1M
Other Current Liab9.3M14.9M25.4M39.2M65.6M68.8M
Total Current Liabilities12.0M17.6M30.0M51.0M78.2M82.1M
Total Stockholder Equity322.1M557.1M422.4M(569.9M)626.2M657.5M
Accounts Payable2.7M1.4M3.4M8.0M7.4M7.8M
Cash327.7M147.1M104.0M67.5M176.1M184.9M
Other Assets1.7M2.6M3.3M3.2M3.7M2.2M
Other Current Assets3.7M4.9M9.4M7.5M12.7M13.3M
Total Liab12.8M19.1M30.1M72.1M99.6M104.5M
Property Plant Equipment795K3.0M4.2M18.3M16.4M14.7M
Net Tangible Assets322.1M557.1M422.4M558.2M641.9M336.2M
Property Plant And Equipment Net795K3.0M4.2M18.3M24.1M25.3M
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 Total3.5M62.8M69.6M30.5M224.9M236.1M
Non Currrent Assets Other1.7M2.6M3.3M3.2M4.2M2.5M
Cash And Short Term Investments327.7M508.5M373.5M597.0M479.2M368.0M
Common Stock Shares Outstanding43.0M43.3M48.5M53.3M63.1M49.5M
Liabilities And Stockholders Equity334.8M576.2M452.5M(497.9M)725.8M762.1M
Non Current Liabilities Total789K1.5M129K21.0M21.4M13.9M
Other Stockholder Equity395.1M675.6M715.2M761K1.5B1.6B
Net Invested Capital322.1M557.1M422.4M558.2M626.2M386.6M
Long Term Investments976K57.2M62.1M9.0M185.3M194.6M
Property Plant And Equipment Gross795K1.1M5.2M19.5M26.7M28.1M
Total Current Assets331.4M513.4M382.9M599.8M500.9M374.9M
Accumulated Other Comprehensive Income(334.8M)41K(312K)(767K)1.2M1.3M
Net Working Capital319.4M495.8M352.9M548.7M422.7M344.6M

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When determining whether SpringWorks Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpringWorks Therapeutics' 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 Springworks Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Springworks Therapeutics Stock:
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.

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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.