Generation Capex To Depreciation vs Ev To Sales Analysis

GBIO Stock  USD 1.16  0.03  2.52%   
Generation Bio financial indicator trend analysis is much more than just examining Generation Bio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generation Bio is a good investment. Please check the relationship between Generation Bio Capex To Depreciation and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Capex To Depreciation vs Ev To Sales

Capex To Depreciation vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generation Bio Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have strong relationship.
The correlation between Generation Bio's Capex To Depreciation and Ev To Sales is 0.79. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Generation Bio Co, assuming nothing else is changed. The correlation between historical values of Generation Bio's Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Generation Bio Co are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Generation Bio's Capex To Depreciation and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Generation Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generation Bio 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 16th of December 2024, Selling General Administrative is likely to drop to about 31.7 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 34.2 M
 2023 2024 (projected)
Depreciation And Amortization5.3M3.8M
Interest Income12.0M12.5M

Generation Bio fundamental ratios Correlations

0.60.720.980.780.990.93-0.51-0.85-0.20.820.93-0.480.880.990.20.970.820.48-0.610.940.680.94-0.330.980.6
0.60.760.540.70.650.630.0-0.710.130.280.62-0.730.610.560.580.710.620.56-0.250.680.040.590.050.540.81
0.720.760.630.680.70.810.06-0.950.160.430.81-0.540.780.670.780.760.810.5-0.240.90.080.80.170.630.98
0.980.540.630.760.980.86-0.55-0.77-0.350.810.86-0.470.790.990.080.950.740.5-0.740.90.750.88-0.51.00.5
0.780.70.680.760.790.83-0.3-0.79-0.090.570.83-0.850.740.730.130.840.90.41-0.490.810.620.78-0.230.760.63
0.990.650.70.980.790.91-0.48-0.83-0.260.760.91-0.50.860.990.190.980.790.56-0.640.920.670.92-0.380.980.58
0.930.630.810.860.830.91-0.38-0.920.060.741.0-0.530.970.880.320.940.960.41-0.340.930.570.99-0.020.860.69
-0.510.00.06-0.55-0.3-0.48-0.380.05-0.02-0.86-0.370.27-0.23-0.550.46-0.36-0.260.370.38-0.24-0.69-0.340.41-0.550.17
-0.85-0.71-0.95-0.77-0.79-0.83-0.920.050.01-0.52-0.920.53-0.9-0.79-0.59-0.89-0.9-0.590.37-0.97-0.33-0.92-0.02-0.77-0.89
-0.20.130.16-0.35-0.09-0.260.06-0.020.010.060.05-0.150.04-0.280.41-0.220.14-0.580.78-0.14-0.5-0.020.86-0.350.22
0.820.280.430.810.570.760.74-0.86-0.520.060.74-0.430.60.82-0.050.680.63-0.1-0.460.660.680.71-0.290.810.3
0.930.620.810.860.830.911.0-0.37-0.920.050.74-0.520.970.880.320.940.960.41-0.340.930.570.99-0.020.860.69
-0.48-0.73-0.54-0.47-0.85-0.5-0.530.270.53-0.15-0.43-0.52-0.37-0.45-0.19-0.54-0.66-0.120.36-0.54-0.31-0.420.14-0.47-0.59
0.880.610.780.790.740.860.97-0.23-0.90.040.60.97-0.370.820.370.910.910.52-0.230.880.480.980.080.790.66
0.990.560.670.990.730.990.88-0.55-0.79-0.280.820.88-0.450.820.150.950.750.48-0.680.910.70.9-0.430.990.54
0.20.580.780.080.130.190.320.46-0.590.41-0.050.32-0.190.370.150.260.320.340.190.46-0.550.330.530.080.85
0.970.710.760.950.840.980.94-0.36-0.89-0.220.680.94-0.540.910.950.260.850.62-0.580.950.630.95-0.280.950.66
0.820.620.810.740.90.790.96-0.26-0.90.140.630.96-0.660.910.750.320.850.33-0.250.870.510.920.070.740.72
0.480.560.50.50.410.560.410.37-0.59-0.58-0.10.41-0.120.520.480.340.620.33-0.490.580.170.48-0.290.50.49
-0.61-0.25-0.24-0.74-0.49-0.64-0.340.380.370.78-0.46-0.340.36-0.23-0.680.19-0.58-0.25-0.49-0.55-0.67-0.360.92-0.74-0.18
0.940.680.90.90.810.920.93-0.24-0.97-0.140.660.93-0.540.880.910.460.950.870.58-0.550.480.93-0.190.90.81
0.680.040.080.750.620.670.57-0.69-0.33-0.50.680.57-0.310.480.7-0.550.630.510.17-0.670.480.56-0.660.75-0.08
0.940.590.80.880.780.920.99-0.34-0.92-0.020.710.99-0.420.980.90.330.950.920.48-0.360.930.56-0.050.880.67
-0.330.050.17-0.5-0.23-0.38-0.020.41-0.020.86-0.29-0.020.140.08-0.430.53-0.280.07-0.290.92-0.19-0.66-0.05-0.50.22
0.980.540.631.00.760.980.86-0.55-0.77-0.350.810.86-0.470.790.990.080.950.740.5-0.740.90.750.88-0.50.5
0.60.810.980.50.630.580.690.17-0.890.220.30.69-0.590.660.540.850.660.720.49-0.180.81-0.080.670.220.5
Click cells to compare fundamentals

Generation Bio Account Relationship Matchups

Generation Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.1M294.2M476.8M376.3M374.8M302.1M
Other Current Liab6.9M11.0M7.6M4.3M16.5M9.4M
Total Current Liabilities9.2M11.2M18.8M19.2M39.9M41.9M
Total Stockholder Equity(98.6M)268.0M381.7M282.5M203.1M182.5M
Net Tangible Assets(98.6M)268.0M381.7M282.5M324.9M174.3M
Property Plant And Equipment Net21.8M23.8M91.0M81.4M95.7M58.3M
Net Debt(15.1M)(62.9M)(294.3M)(11.5M)31.4M33.0M
Retained Earnings(108.5M)(189.0M)(308.1M)(444.8M)(571.4M)(542.8M)
Accounts Payable2.3M267K2.0M662K2.3M1.7M
Cash15.1M62.9M375.1M93.2M66.4M113.7M
Non Current Assets Total24.0M26.4M97.6M89.2M102.1M63.4M
Non Currrent Assets Other87K588K864K2.1M698K863.6K
Other Assets2.1M2.6M6.6M7.8M9.0M4.7M
Cash And Short Term Investments15.1M262.3M375.1M279.1M264.4M233.0M
Net Receivables448K252K403K395K4.1M4.4M
Common Stock Shares Outstanding46.2M27.3M56.3M58.1M64.5M49.9M
Liabilities And Stockholders Equity42.1M294.2M476.8M376.3M374.8M302.1M
Non Current Liabilities Total131.6M14.9M76.2M74.6M131.7M73.0M
Capital Surpluse9.9M457.0M689.9M727.3M836.4M878.3M
Other Current Assets2.6M5.4M7.4M7.5M290K275.5K
Other Stockholder Equity9.9M162.8M689.9M727.3M774.2M434.4M
Total Liab140.7M26.1M95.0M93.8M171.6M119.6M
Net Invested Capital(98.6M)268.0M381.7M282.5M203.1M182.5M
Property Plant And Equipment Gross21.8M23.8M25.9M22.2M115.3M121.1M
Total Current Assets18.2M267.7M379.2M287.0M272.6M238.6M
Net Working Capital9.0M256.5M360.4M267.9M232.7M219.4M
Property Plant Equipment21.8M23.8M25.9M22.2M25.5M21.6M

Pair Trading with Generation Bio

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 Generation Bio 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 Generation Bio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Generation Stock

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Moving against Generation Stock

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The ability to find closely correlated positions to Generation Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Bio 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 Generation Bio - 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 Generation Bio Co to buy it.
The correlation of Generation Bio 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 Generation Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Bio 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 Generation Bio 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.
Pair CorrelationCorrelation Matching
When determining whether Generation Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Generation Bio's 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 Generation Bio Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Generation Bio Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Generation Bio. If investors know Generation 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 Generation Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.19)
Revenue Per Share
0.28
Quarterly Revenue Growth
2.52
Return On Assets
(0.19)
Return On Equity
(0.86)
The market value of Generation Bio is measured differently than its book value, which is the value of Generation that is recorded on the company's balance sheet. Investors also form their own opinion of Generation Bio's value that differs from its market value or its book value, called intrinsic value, which is Generation Bio's 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 Generation Bio's market value can be influenced by many factors that don't directly affect Generation Bio's 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 Generation Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Generation Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Generation Bio's 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.