Cogent Capital Expenditures vs Free Cash Flow Analysis

COGT Stock

USD 7.79 0.05 0.64%

Cogent Biosciences financial indicator trend analysis is way more than just evaluating Cogent Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cogent Biosciences is a good investment. Please check the relationship between Cogent Biosciences Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Cogent Stock please use our How to Invest in Cogent Biosciences guide.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cogent Biosciences Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cogent Biosciences' Capital Expenditures and Free Cash Flow is -0.39. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Cogent Biosciences, assuming nothing else is changed. The correlation between historical values of Cogent Biosciences' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Cogent Biosciences are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Cogent Biosciences' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Cogent Biosciences to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cogent Biosciences operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Cogent Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cogent Biosciences 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Cogent Stock please use our How to Invest in Cogent Biosciences guide.At this time, Cogent Biosciences' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 2.09 in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (2.00).

	2021	2022	2023	2024 (projected)
Interest Income	467K	4.0M	11.3M	11.9M
Net Interest Income	467K	4.0M	11.3M	11.9M

Interest Income Net Interest Income

Cogent Biosciences fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Inventory	Net Invested Capital
Common Stock Shares Outstanding		0.78	0.96	0.79	0.75	0.94	0.69	-0.1	-0.98	0.97	0.19	0.97	0.82	0.75	0.96	0.92	0.17	0.71	0.97	0.76	0.95	0.75	0.45	0.96	-0.81	0.79
Total Assets	0.78		0.81	0.76	1.0	0.71	0.34	-0.59	-0.84	0.64	0.67	0.72	0.81	1.0	0.82	0.59	0.02	0.95	0.86	0.65	0.71	1.0	0.64	0.81	-0.38	0.93
Other Current Liab	0.96	0.81		0.81	0.79	0.93	0.64	-0.17	-0.99	0.95	0.27	0.96	0.74	0.78	0.98	0.88	0.05	0.77	0.99	0.7	0.94	0.78	0.5	0.99	-0.79	0.86
Total Current Liabilities	0.79	0.76	0.81		0.71	0.77	0.66	-0.11	-0.84	0.77	0.19	0.78	0.8	0.71	0.86	0.72	-0.02	0.66	0.81	0.83	0.77	0.72	0.56	0.86	-0.5	0.86
Total Stockholder Equity	0.75	1.0	0.79	0.71		0.67	0.31	-0.66	-0.81	0.6	0.73	0.67	0.78	1.0	0.8	0.53	-0.05	0.97	0.84	0.57	0.67	1.0	0.68	0.79	-0.36	0.93
Property Plant And Equipment Net	0.94	0.71	0.93	0.77	0.67		0.57	0.05	-0.92	0.93	0.05	0.99	0.75	0.66	0.91	0.94	0.34	0.6	0.9	0.84	1.0	0.67	0.27	0.92	-0.75	0.72
Current Deferred Revenue	0.69	0.34	0.64	0.66	0.31	0.57		0.23	-0.67	0.76	-0.18	0.66	0.44	0.32	0.64	0.78	-0.05	0.24	0.63	0.53	0.6	0.32	0.36	0.67	-0.84	0.42
Net Debt	-0.1	-0.59	-0.17	-0.11	-0.66	0.05	0.23		0.2	0.1	-0.99	0.05	-0.25	-0.66	-0.22	0.22	0.51	-0.74	-0.27	0.2	0.06	-0.65	-0.71	-0.19	-0.2	-0.53
Retained Earnings	-0.98	-0.84	-0.99	-0.84	-0.81	-0.92	-0.67	0.2		-0.94	-0.3	-0.95	-0.8	-0.81	-0.99	-0.87	-0.03	-0.79	-1.0	-0.73	-0.93	-0.81	-0.56	-0.99	0.78	-0.88
Accounts Payable	0.97	0.64	0.95	0.77	0.6	0.93	0.76	0.1	-0.94		-0.01	0.97	0.7	0.6	0.92	0.95	0.18	0.56	0.92	0.75	0.94	0.6	0.32	0.94	-0.88	0.69
Cash	0.19	0.67	0.27	0.19	0.73	0.05	-0.18	-0.99	-0.3	-0.01		0.05	0.33	0.73	0.31	-0.13	-0.48	0.8	0.36	-0.11	0.04	0.72	0.73	0.28	0.13	0.61
Non Current Assets Total	0.97	0.72	0.96	0.78	0.67	0.99	0.66	0.05	-0.95	0.97	0.05		0.77	0.67	0.93	0.96	0.29	0.61	0.93	0.82	1.0	0.67	0.31	0.94	-0.81	0.73
Non Currrent Assets Other	0.82	0.81	0.74	0.8	0.78	0.75	0.44	-0.25	-0.8	0.7	0.33	0.77		0.78	0.78	0.66	0.18	0.75	0.78	0.77	0.75	0.78	0.54	0.77	-0.4	0.77
Cash And Short Term Investments	0.75	1.0	0.78	0.71	1.0	0.66	0.32	-0.66	-0.81	0.6	0.73	0.67	0.78		0.79	0.54	-0.04	0.96	0.83	0.58	0.66	1.0	0.68	0.78	-0.36	0.92
Common Stock Total Equity	0.96	0.82	0.98	0.86	0.8	0.91	0.64	-0.22	-0.99	0.92	0.31	0.93	0.78	0.79		0.84	-0.03	0.79	0.99	0.71	0.92	0.8	0.59	1.0	-0.74	0.9
Short Term Investments	0.92	0.59	0.88	0.72	0.53	0.94	0.78	0.22	-0.87	0.95	-0.13	0.96	0.66	0.54	0.84		0.38	0.43	0.85	0.82	0.95	0.54	0.18	0.86	-0.88	0.58
Non Current Liabilities Total	0.17	0.02	0.05	-0.02	-0.05	0.34	-0.05	0.51	-0.03	0.18	-0.48	0.29	0.18	-0.04	-0.03	0.38		-0.22	0.0	0.54	0.33	-0.04	-0.68	-0.02	-0.07	-0.22
Other Current Assets	0.71	0.95	0.77	0.66	0.97	0.6	0.24	-0.74	-0.79	0.56	0.8	0.61	0.75	0.96	0.79	0.43	-0.22		0.82	0.43	0.6	0.97	0.77	0.77	-0.32	0.93
Other Stockholder Equity	0.97	0.86	0.99	0.81	0.84	0.9	0.63	-0.27	-1.0	0.92	0.36	0.93	0.78	0.83	0.99	0.85	0.0	0.82		0.68	0.91	0.84	0.58	0.99	-0.76	0.89
Total Liab	0.76	0.65	0.7	0.83	0.57	0.84	0.53	0.2	-0.73	0.75	-0.11	0.82	0.77	0.58	0.71	0.82	0.54	0.43	0.68		0.83	0.58	0.09	0.71	-0.46	0.6
Property Plant And Equipment Gross	0.95	0.71	0.94	0.77	0.67	1.0	0.6	0.06	-0.93	0.94	0.04	1.0	0.75	0.66	0.92	0.95	0.33	0.6	0.91	0.83		0.67	0.27	0.93	-0.77	0.72
Total Current Assets	0.75	1.0	0.78	0.72	1.0	0.67	0.32	-0.65	-0.81	0.6	0.72	0.67	0.78	1.0	0.8	0.54	-0.04	0.97	0.84	0.58	0.67		0.67	0.79	-0.36	0.92
Short Term Debt	0.45	0.64	0.5	0.56	0.68	0.27	0.36	-0.71	-0.56	0.32	0.73	0.31	0.54	0.68	0.59	0.18	-0.68	0.77	0.58	0.09	0.27	0.67		0.57	-0.25	0.75
Common Stock	0.96	0.81	0.99	0.86	0.79	0.92	0.67	-0.19	-0.99	0.94	0.28	0.94	0.77	0.78	1.0	0.86	-0.02	0.77	0.99	0.71	0.93	0.79	0.57		-0.77	0.89
Inventory	-0.81	-0.38	-0.79	-0.5	-0.36	-0.75	-0.84	-0.2	0.78	-0.88	0.13	-0.81	-0.4	-0.36	-0.74	-0.88	-0.07	-0.32	-0.76	-0.46	-0.77	-0.36	-0.25	-0.77		-0.43
Net Invested Capital	0.79	0.93	0.86	0.86	0.93	0.72	0.42	-0.53	-0.88	0.69	0.61	0.73	0.77	0.92	0.9	0.58	-0.22	0.93	0.89	0.6	0.72	0.92	0.75	0.89	-0.43

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Cogent Biosciences Account Relationship Matchups

Cogent Biosciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	7.6M	11.1M	38.7M	58.7M	79.7M	83.6M
Total Assets	49.4M	250.9M	232.1M	300.8M	313.4M	186.6M
Other Current Liab	7.1M	8.3M	8.9M	18.2M	24.7M	26.0M
Total Current Liabilities	13.2M	13.1M	17.1M	26.8M	38.2M	21.1M
Total Stockholder Equity	31.8M	234.7M	214.2M	255.7M	257.8M	156.1M
Property Plant And Equipment Net	7.2M	4.7M	4.5M	31.1M	30.3M	31.9M
Current Deferred Revenue	1.3M	3.8M	8.0M	1.7M	25.7M	27.0M
Net Debt	(31.4M)	(237.0M)	(216.5M)	(120.2M)	(34.4M)	(36.1M)
Retained Earnings	(123.9M)	(198.7M)	(271.0M)	(411.2M)	(603.6M)	(573.4M)
Accounts Payable	3.2M	732K	3.5M	5.8M	10.7M	11.2M
Cash	37.4M	242.2M	219.7M	139.9M	53.2M	50.6M
Non Current Assets Total	8.8M	6.0M	9.5M	35.8M	42.7M	44.8M
Cash And Short Term Investments	37.4M	242.2M	219.7M	259.3M	265.7M	166.7M
Short Term Investments	12.7M	22.9M	0.0	119.4M	212.5M	223.1M
Liabilities And Stockholders Equity	49.4M	250.9M	232.1M	300.8M	313.4M	186.6M
Non Current Liabilities Total	4.4M	3.2M	831K	18.2M	17.5M	9.5M
Other Current Assets	1.2M	5.4M	5.9M	5.7M	5.1M	3.4M
Other Stockholder Equity	155.6M	322.5M	399.7M	601.2M	801.1M	841.1M
Total Liab	17.7M	16.2M	17.9M	45.1M	55.6M	30.6M
Property Plant And Equipment Gross	7.2M	4.7M	5.0M	32.5M	34.0M	35.7M
Total Current Assets	40.6M	244.9M	222.6M	265.0M	270.8M	170.1M
Accumulated Other Comprehensive Income	(16K)	(12K)	0.0	(104K)	246K	258.3K
Short Term Debt	1.6M	4.1M	4.6M	2.8M	2.8M	3.3M
Net Invested Capital	31.8M	123.8M	128.8M	189.9M	197.8M	107.4M
Net Working Capital	27.3M	231.8M	205.6M	238.1M	232.6M	160.7M

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