Inozyme Depreciation vs Sale Purchase Of Stock Analysis

INZY Stock  USD 3.02  0.01  0.33%   
Inozyme Pharma financial indicator trend analysis is infinitely more than just investigating Inozyme Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inozyme Pharma is a good investment. Please check the relationship between Inozyme Pharma Depreciation and its Sale Purchase Of Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inozyme Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Inozyme Stock please use our How to Invest in Inozyme Pharma guide.

Depreciation vs Sale Purchase Of Stock

Depreciation vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inozyme Pharma Depreciation account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inozyme Pharma's Depreciation and Sale Purchase Of Stock is -0.38. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Inozyme Pharma, assuming nothing else is changed. The correlation between historical values of Inozyme Pharma's Depreciation and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Inozyme Pharma are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Depreciation i.e., Inozyme Pharma's Depreciation and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Inozyme Pharma value has been used up. For tax purposes Inozyme Pharma can deduct the cost of the tangible assets it purchases as business expenses. However, Inozyme Pharma must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Sale Purchase Of Stock

Most indicators from Inozyme Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inozyme Pharma 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 Inozyme Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Inozyme Stock please use our How to Invest in Inozyme Pharma guide.Selling General Administrative is likely to drop to about 14.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 63.3 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income211K1.9M4.1M4.3M
Net Interest Income211K1.9M4.1M4.3M

Inozyme Pharma fundamental ratios Correlations

0.960.950.980.970.85-0.05-0.880.740.420.80.870.781.00.780.891.0-0.730.940.90.84-0.630.870.991.01.0
0.961.00.930.930.90.15-0.940.70.180.690.890.610.950.750.940.96-0.730.960.890.91-0.610.890.950.960.95
0.951.00.950.940.940.12-0.930.750.20.730.920.630.940.710.910.95-0.780.960.880.9-0.680.880.950.950.94
0.980.930.951.00.91-0.16-0.830.850.480.880.950.830.970.670.810.97-0.860.930.840.81-0.790.820.990.960.96
0.970.930.941.00.91-0.18-0.810.860.490.890.950.830.970.630.80.97-0.870.910.810.79-0.790.820.990.960.95
0.850.90.940.910.910.03-0.810.860.20.770.970.640.840.530.720.86-0.90.890.770.82-0.830.810.880.840.83
-0.050.150.12-0.16-0.180.03-0.38-0.42-0.88-0.54-0.17-0.61-0.060.320.32-0.030.290.170.280.420.350.02-0.080.0-0.01
-0.88-0.94-0.93-0.83-0.81-0.81-0.38-0.57-0.03-0.55-0.77-0.48-0.88-0.89-0.93-0.890.6-0.97-0.97-0.980.49-0.8-0.86-0.9-0.89
0.740.70.750.850.860.86-0.42-0.570.60.950.950.860.730.350.440.73-0.960.740.570.56-0.950.640.780.70.69
0.420.180.20.480.490.2-0.88-0.030.60.770.410.870.430.150.050.39-0.460.230.17-0.03-0.490.260.420.370.39
0.80.690.730.880.890.77-0.54-0.550.950.770.890.970.80.450.470.79-0.880.730.610.51-0.860.680.830.770.77
0.870.890.920.950.950.97-0.17-0.770.950.410.890.780.860.520.690.88-0.940.880.740.76-0.890.80.90.850.84
0.780.610.630.830.830.64-0.61-0.480.860.870.970.780.780.490.440.76-0.760.660.580.43-0.740.630.790.740.75
1.00.950.940.970.970.84-0.06-0.880.730.430.80.860.780.790.891.0-0.720.940.90.83-0.620.870.991.01.0
0.780.750.710.670.630.530.32-0.890.350.150.450.520.490.790.810.78-0.330.840.940.83-0.230.690.720.80.81
0.890.940.910.810.80.720.32-0.930.440.050.470.690.440.890.810.9-0.490.890.880.89-0.360.780.870.920.91
1.00.960.950.970.970.86-0.03-0.890.730.390.790.880.761.00.780.9-0.730.940.90.84-0.630.890.991.01.0
-0.73-0.73-0.78-0.86-0.87-0.90.290.6-0.96-0.46-0.88-0.94-0.76-0.72-0.33-0.49-0.73-0.76-0.59-0.640.99-0.56-0.8-0.7-0.69
0.940.960.960.930.910.890.17-0.970.740.230.730.880.660.940.840.890.94-0.760.960.96-0.670.820.940.940.94
0.90.890.880.840.810.770.28-0.970.570.170.610.740.580.90.940.880.9-0.590.960.95-0.50.770.870.910.91
0.840.910.90.810.790.820.42-0.980.56-0.030.510.760.430.830.830.890.84-0.640.960.95-0.550.690.840.860.85
-0.63-0.61-0.68-0.79-0.79-0.830.350.49-0.95-0.49-0.86-0.89-0.74-0.62-0.23-0.36-0.630.99-0.67-0.5-0.55-0.44-0.71-0.6-0.59
0.870.890.880.820.820.810.02-0.80.640.260.680.80.630.870.690.780.89-0.560.820.770.69-0.440.840.870.87
0.990.950.950.990.990.88-0.08-0.860.780.420.830.90.790.990.720.870.99-0.80.940.870.84-0.710.840.990.99
1.00.960.950.960.960.840.0-0.90.70.370.770.850.741.00.80.921.0-0.70.940.910.86-0.60.870.991.0
1.00.950.940.960.950.83-0.01-0.890.690.390.770.840.751.00.810.911.0-0.690.940.910.85-0.590.870.991.0
Click cells to compare fundamentals

Inozyme Pharma Account Relationship Matchups

Inozyme Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.9M169.4M123.5M139.2M200.8M132.8M
Other Current Liab2.3M6.9M7.8M10.5M11.7M7.5M
Total Current Liabilities3.2M10.0M11.6M14.7M14.7M10.4M
Total Stockholder Equity(33.2M)158.1M109.3M118.6M140.5M87.9M
Net Tangible Assets(33.2M)158.1M109.3M118.4M136.2M74.5M
Property Plant And Equipment Net298K2.6M4.4M3.6M2.6M2.5M
Net Debt(31.6M)(158.6M)(19.9M)(26.1M)12.0M12.6M
Retained Earnings(34.7M)(91.1M)(147.7M)(214.8M)(285.9M)(271.6M)
Accounts Payable901K3.1M2.4M2.5M1.2M2.0M
Cash31.6M159.9M23.3M32.9M34.6M42.4M
Non Current Assets Total484K18.4M8.2M7.8M4.6M7.3M
Non Currrent Assets Other56K3.5M3.4M3.8M2.0M2.4M
Cash And Short Term Investments47.1M159.9M111.8M127.9M188.6M124.4M
Net Receivables104K155K62K115K385K404.3K
Common Stock Shares Outstanding15.2M23.4M23.6M37.8M51.8M30.6M
Short Term Investments15.5M119.7M88.5M95.0M154.0M88.0M
Liabilities And Stockholders Equity47.9M169.4M123.5M139.4M200.8M132.8M
Non Current Liabilities Total77.9M1.3M2.6M6.1M45.7M25.2M
Capital Surpluse1.4M249.2M256.9M333.4M383.4M402.5M
Other Current Assets224K3.3M3.5M3.4M7.3M7.6M
Other Stockholder Equity(76.5M)79.8M256.9M333.4M426.4M447.7M
Total Liab81.2M11.3M14.3M20.8M60.4M32.7M
Net Invested Capital(33.2M)158.1M109.3M122.5M185.2M96.8M
Total Current Assets47.5M151.0M115.3M131.4M196.3M125.5M
Accumulated Other Comprehensive Income5K2K18K(205K)41K43.1K
Net Working Capital44.2M141.0M103.7M116.7M181.6M115.1M
Property Plant Equipment298K2.6M4.4M2.0M2.3M2.1M

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