Allogene Historical Balance Sheet
ALLO Stock | USD 1.87 0.03 1.63% |
Trend analysis of Allogene Therapeutics balance sheet accounts such as Other Current Liab of 27.6 M, Total Current Liabilities of 46.6 M or Total Stockholder Equity of 708.1 M provides information on Allogene Therapeutics' total assets, liabilities, and equity, which is the actual value of Allogene Therapeutics to its prevalent stockholders. By breaking down trends over time using Allogene Therapeutics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Allogene Therapeutics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Allogene Therapeutics is a good buy for the upcoming year.
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About Allogene Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Allogene Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Allogene Therapeutics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allogene Therapeutics and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Allogene currently owns. An asset can also be divided into two categories, current and non-current.
Allogene Therapeutics Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Allogene Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Allogene Therapeutics 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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from Allogene Therapeutics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Allogene Therapeutics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allogene Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.At this time, Allogene Therapeutics' Non Currrent Assets Other are very stable compared to the past year. As of the 24th of December 2024, Short Term Investments is likely to grow to about 388.4 M, while Net Tangible Assets are likely to drop about 732.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 48.2M | 54.5M | 37.1M | 46.6M | Other Current Liabilities | 34.7M | 33.7M | 24.3M | 27.6M |
Allogene Therapeutics balance sheet Correlations
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Allogene Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allogene Therapeutics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 717.8M | 1.2B | 1.0B | 817.1M | 642.8M | 820.0M | |
Other Current Liab | 23.8M | 42.0M | 34.7M | 33.7M | 24.3M | 27.6M | |
Total Current Liabilities | 33.1M | 94.3M | 48.2M | 54.5M | 37.1M | 46.6M | |
Total Stockholder Equity | 629.0M | 1.1B | 916.4M | 665.9M | 512.2M | 708.1M | |
Net Tangible Assets | 628.9M | 1.1B | 916.4M | 665.9M | 765.8M | 732.1M | |
Retained Earnings | (396.1M) | (646.3M) | (903.3M) | (1.2B) | (1.6B) | (1.5B) | |
Accounts Payable | 9.3M | 10.4M | 10.3M | 13.9M | 5.9M | 9.7M | |
Cash | 588.9M | 1.0B | 809.5M | 576.5M | 83.2M | 79.0M | |
Non Current Assets Total | 173.2M | 382.7M | 229.2M | 288.3M | 183.7M | 245.6M | |
Non Currrent Assets Other | 8.9M | 14.6M | (322.1M) | 32.7M | 16.9M | 17.7M | |
Common Stock Total Equity | 121K | 124K | 140K | 142K | 163.3K | 121.7K | |
Common Stock Shares Outstanding | 101.1M | 120.4M | 135.8M | 143.1M | 156.9M | 125.7M | |
Short Term Investments | 355.4M | 644.6M | 284.0M | 455.4M | 365.5M | 388.4M | |
Non Current Liabilities Total | 55.7M | 53.9M | 74.1M | 96.7M | 93.5M | 65.2M | |
Other Stockholder Equity | 1.0B | 1.7B | 1.8B | 1.9B | 2.1B | 1.4B | |
Total Liab | 88.8M | 148.2M | 122.2M | 151.2M | 130.6M | 111.8M | |
Net Invested Capital | 629.0M | 1.1B | 916.4M | 665.9M | 512.2M | 708.1M | |
Long Term Investments | 63.2M | 204.2M | 352.2M | 72.0M | 3.6M | 3.5M | |
Total Current Assets | 544.6M | 845.1M | 809.5M | 528.8M | 459.1M | 574.4M | |
Net Working Capital | 511.5M | 750.8M | 423.1M | 474.3M | 422.0M | 474.6M | |
Common Stock | 124K | 140K | 142K | 144K | 169K | 136.1K | |
Short Long Term Debt Total | 51.3M | 53.8M | 69.9M | 95.1M | 95.1M | 73.3M | |
Other Liab | 4.4M | 3.1M | 4.1M | 1.6M | 1.4M | 1.3M | |
Property Plant And Equipment Net | 100.9M | 160.1M | 181.0M | 196.4M | 163.2M | 154.6M | |
Net Debt | (537.5M) | (978.3M) | (739.6M) | (481.3M) | 12.0M | 12.6M | |
Other Assets | 8.9M | 263.9M | 16.1M | 16.9M | 19.4M | 18.4M | |
Cash And Short Term Investments | 588.9M | 1.0B | 809.5M | 576.5M | 448.7M | 556.9M | |
Net Receivables | 2.4M | 2.8M | 6M | 3.3M | 1.7M | 2.6M | |
Liabilities And Stockholders Equity | 717.8M | 1.2B | 1.0B | 817.1M | 642.8M | 695.7M | |
Capital Lease Obligations | 51.3M | 53.8M | 69.9M | 101.1M | 95.1M | 74.4M | |
Inventory | (60.7M) | (207.0M) | (20.0M) | (62.5M) | (71.8M) | (75.4M) | |
Other Current Assets | 14.0M | 10.6M | 8.0M | 11.5M | 10.4M | 11.0M | |
Property Plant And Equipment Gross | 56.4M | 160.1M | 123.0M | 233.3M | 214.3M | 145.9M | |
Accumulated Other Comprehensive Income | 1.1M | 268K | (2.6M) | (9.9M) | (955K) | (1.0M) | |
Capital Stock | 124K | 140K | 142K | 144K | 169K | 154K | |
Non Current Liabilities Other | 4.4M | 53.9M | 74.1M | 1.6M | 5.2M | 4.9M | |
Property Plant Equipment | 100.9M | 118.8M | 123.0M | 196.4M | 225.9M | 127.8M |
Pair Trading with Allogene 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 Allogene 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 Allogene Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Allogene Stock
Moving against Allogene Stock
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The ability to find closely correlated positions to Allogene 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 Allogene 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 Allogene 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 Allogene Therapeutics to buy it.
The correlation of Allogene 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 Allogene Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allogene 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 Allogene 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allogene Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Allogene Stock, please use our How to Invest in Allogene Therapeutics guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Biotechnology space 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 Allogene Therapeutics. If investors know Allogene 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 Allogene 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 (1.55) | Quarterly Revenue Growth (0.27) | Return On Assets (0.26) | Return On Equity (0.54) |
The market value of Allogene Therapeutics is measured differently than its book value, which is the value of Allogene that is recorded on the company's balance sheet. Investors also form their own opinion of Allogene Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Allogene 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 Allogene Therapeutics' market value can be influenced by many factors that don't directly affect Allogene 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 Allogene Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allogene Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allogene 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.