Corvus Other Stockholder Equity vs Cash Analysis

CRVS Stock  USD 9.42  0.69  7.90%   
Corvus Pharmaceuticals financial indicator trend analysis is way more than just evaluating Corvus Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corvus Pharmaceuticals is a good investment. Please check the relationship between Corvus Pharmaceuticals Other Stockholder Equity and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corvus Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Corvus Stock please use our How to Invest in Corvus Pharmaceuticals guide.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corvus Pharmaceuticals Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Corvus Pharmaceuticals' Other Stockholder Equity and Cash is 0.18. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Corvus Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Corvus Pharmaceuticals' Other Stockholder Equity and Cash 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 Stockholder Equity of Corvus Pharmaceuticals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Corvus Pharmaceuticals' Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Corvus Pharmaceuticals, which is listed under current asset account on Corvus Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Corvus Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different Corvus Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Corvus Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corvus Pharmaceuticals 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 Corvus Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Corvus Stock please use our How to Invest in Corvus Pharmaceuticals guide.At this time, Corvus Pharmaceuticals' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 80.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.5 M in 2024.

Corvus Pharmaceuticals fundamental ratios Correlations

0.540.610.630.790.890.770.76-0.71-0.430.750.7-0.230.930.57-0.150.10.670.430.170.93-0.160.210.460.670.31
0.540.420.160.320.160.220.02-0.510.260.150.520.410.65-0.10.310.220.11-0.120.240.64-0.07-0.31-0.110.78-0.1
0.610.420.870.750.590.710.67-0.41-0.510.70.42-0.340.480.55-0.36-0.430.690.71-0.350.480.010.350.530.570.57
0.630.160.870.750.730.740.87-0.22-0.820.840.22-0.660.390.79-0.67-0.380.860.87-0.280.38-0.150.570.730.40.73
0.790.320.750.750.80.990.83-0.76-0.560.680.77-0.420.670.54-0.28-0.530.720.68-0.470.670.280.330.60.680.39
0.890.160.590.730.80.830.93-0.56-0.680.830.55-0.50.760.77-0.37-0.080.790.640.00.76-0.080.460.740.50.41
0.770.220.710.740.990.830.87-0.74-0.610.680.74-0.490.640.6-0.33-0.550.750.72-0.490.640.290.410.660.630.41
0.760.020.670.870.830.930.87-0.43-0.870.850.42-0.730.550.87-0.62-0.320.840.86-0.230.55-0.020.630.810.380.56
-0.71-0.51-0.41-0.22-0.76-0.56-0.74-0.430.01-0.36-1.0-0.11-0.78-0.1-0.190.24-0.33-0.170.22-0.78-0.380.09-0.13-0.730.07
-0.430.26-0.51-0.82-0.56-0.68-0.61-0.870.01-0.64-0.010.96-0.14-0.940.860.33-0.78-0.920.26-0.140.19-0.88-0.84-0.07-0.7
0.750.150.70.840.680.830.680.85-0.36-0.640.35-0.420.590.67-0.49-0.10.730.64-0.010.59-0.130.290.520.30.47
0.70.520.420.220.770.550.740.42-1.0-0.010.350.110.780.10.19-0.250.330.18-0.240.780.38-0.090.140.74-0.07
-0.230.41-0.34-0.66-0.42-0.5-0.49-0.73-0.110.96-0.420.110.07-0.860.850.37-0.65-0.860.320.060.19-0.91-0.750.08-0.69
0.930.650.480.390.670.760.640.55-0.78-0.140.590.780.070.330.170.20.40.190.241.00.03-0.040.270.68-0.03
0.57-0.10.550.790.540.770.60.87-0.1-0.940.670.1-0.860.33-0.78-0.120.80.88-0.040.33-0.310.880.850.170.68
-0.150.31-0.36-0.67-0.28-0.37-0.33-0.62-0.190.86-0.490.190.850.17-0.780.27-0.7-0.80.210.170.35-0.8-0.590.09-0.78
0.10.22-0.43-0.38-0.53-0.08-0.55-0.320.240.33-0.1-0.250.370.2-0.120.27-0.27-0.540.990.2-0.64-0.28-0.36-0.18-0.25
0.670.110.690.860.720.790.750.84-0.33-0.780.730.33-0.650.40.8-0.7-0.270.77-0.190.39-0.280.660.770.50.83
0.43-0.120.710.870.680.640.720.86-0.17-0.920.640.18-0.860.190.88-0.8-0.540.77-0.460.190.020.830.820.190.69
0.170.24-0.35-0.28-0.470.0-0.49-0.230.220.26-0.01-0.240.320.24-0.040.210.99-0.19-0.460.25-0.68-0.22-0.3-0.15-0.18
0.930.640.480.380.670.760.640.55-0.78-0.140.590.780.061.00.330.170.20.390.190.250.03-0.040.270.67-0.03
-0.16-0.070.01-0.150.28-0.080.29-0.02-0.380.19-0.130.380.190.03-0.310.35-0.64-0.280.02-0.680.03-0.240.030.12-0.52
0.21-0.310.350.570.330.460.410.630.09-0.880.29-0.09-0.91-0.040.88-0.8-0.280.660.83-0.22-0.04-0.240.810.010.69
0.46-0.110.530.730.60.740.660.81-0.13-0.840.520.14-0.750.270.85-0.59-0.360.770.82-0.30.270.030.810.340.53
0.670.780.570.40.680.50.630.38-0.73-0.070.30.740.080.680.170.09-0.180.50.19-0.150.670.120.010.340.13
0.31-0.10.570.730.390.410.410.560.07-0.70.47-0.07-0.69-0.030.68-0.78-0.250.830.69-0.18-0.03-0.520.690.530.13
Click cells to compare fundamentals

Corvus Pharmaceuticals Account Relationship Matchups

Corvus Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets83.6M85.5M109.5M68.2M45.6M68.5M
Other Current Liab6.9M7.6M7.1M7.5M2.6M2.5M
Total Current Liabilities12.5M13.4M12.3M12.1M6.9M9.7M
Total Stockholder Equity71.1M72.1M97.2M56.1M38.7M69.5M
Net Tangible Assets71.1M72.1M97.2M56.1M64.5M72.5M
Net Debt(2.0M)(14.1M)(59.8M)(10.6M)(11.2M)(11.8M)
Retained Earnings(217.1M)(223.1M)(266.4M)(307.7M)(334.7M)(318.0M)
Accounts Payable2.4M3.5M1.6M2.0M1.5M2.2M
Cash5.2M16.5M63.5M13.2M12.6M12.0M
Other Assets513K414K236K129K1.00.95
Cash And Short Term Investments78.0M44.3M69.5M42.3M27.1M25.8M
Common Stock Shares Outstanding29.3M29.5M41.9M46.6M48.0M30.7M
Short Term Investments72.8M27.8M6.0M29.1M14.5M13.8M
Liabilities And Stockholders Equity83.6M85.5M109.5M68.2M45.6M68.5M
Non Current Liabilities Total869K2.3M1.2M2.6M1.4M0.0
Other Current Assets486K991K1.3M728K744K687.3K
Other Stockholder Equity288.2M295.3M361.7M364.4M374.4M230.8M
Total Liab12.5M13.4M12.3M12.1M6.9M6.5M
Total Current Assets78.0M44.3M69.5M42.3M28.0M26.6M
Property Plant Equipment2.2M3.8M2.6M3.6M4.2M3.0M
Property Plant And Equipment Net2.3M1.6M3.2M2.2M1.4M1.8M
Non Current Assets Total5.7M41.3M40.0M25.9M17.6M18.0M
Non Currrent Assets Other3.3M2.4M2.5M1.8M89K84.6K
Net Receivables329K86K539K633K63K59.9K
Capital Surpluse208.4M280.8M288.2M295.3M339.6M233.5M
Inventory(815K)(492K)(667K)(735K)(661.5K)(694.6K)
Property Plant And Equipment Gross3.8M2.6M3.2M2.2M6.1M3.4M
Accumulated Other Comprehensive Income29K4K1.9M(563K)(967K)(918.7K)
Net Invested Capital71.1M72.1M97.2M56.1M38.7M60.6M
Net Working Capital69.1M33.2M61.6M32.9M21.1M20.0M

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