Inozyme Total Current Assets vs Depreciation And Amortization Analysis

INZY Stock  USD 1.37  0.02  1.48%   
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 Total Current Assets and its Depreciation And Amortization 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.

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inozyme Pharma Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Inozyme Pharma's Total Current Assets and Depreciation And Amortization is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization 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 Total Current Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Inozyme Pharma are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Inozyme Pharma's Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 2025. Issuance Of Capital Stock is likely to drop to about 63.3 M in 2025
 2022 2023 2024 2025 (projected)
Interest Income1.9M4.1M4.7M4.9M
Net Interest Income1.9M4.1M4.7M4.9M

Inozyme Pharma fundamental ratios Correlations

0.970.960.970.940.830.15-0.910.590.290.710.820.691.00.830.930.94-0.620.930.90.86-0.480.870.941.01.0
0.970.990.940.910.860.31-0.960.540.090.610.820.550.970.810.960.92-0.590.940.90.91-0.440.880.920.980.97
0.960.990.960.940.920.26-0.950.640.120.670.890.60.950.770.920.91-0.690.960.880.91-0.550.890.930.960.95
0.970.940.961.00.910.01-0.870.760.380.830.920.790.970.720.840.91-0.790.940.850.83-0.680.850.940.960.95
0.940.910.941.00.92-0.06-0.840.810.430.870.950.810.940.660.790.88-0.830.920.80.79-0.730.840.920.930.92
0.830.860.920.910.920.13-0.840.810.170.770.970.640.820.570.70.82-0.870.910.760.81-0.770.830.850.820.81
0.150.310.260.01-0.060.13-0.45-0.4-0.86-0.47-0.08-0.540.140.440.440.250.260.260.410.520.350.110.20.190.19
-0.91-0.96-0.95-0.87-0.84-0.84-0.45-0.50.01-0.54-0.78-0.47-0.91-0.88-0.92-0.950.56-0.96-0.96-0.970.41-0.81-0.94-0.92-0.91
0.590.540.640.760.810.81-0.4-0.50.60.940.920.850.580.290.320.61-0.960.690.470.47-0.950.620.660.550.54
0.290.090.120.380.430.17-0.860.010.60.760.380.850.290.07-0.030.23-0.460.180.08-0.07-0.490.210.280.240.25
0.710.610.670.830.870.77-0.47-0.540.940.760.890.970.710.420.420.69-0.870.720.560.49-0.840.690.740.670.67
0.820.820.890.920.950.97-0.08-0.780.920.380.890.780.810.530.640.8-0.930.890.710.74-0.850.820.850.80.78
0.690.550.60.790.810.64-0.54-0.470.850.850.970.780.690.450.390.67-0.760.650.540.42-0.730.630.710.650.66
1.00.970.950.970.940.820.14-0.910.580.290.710.810.690.830.930.94-0.60.920.90.86-0.470.860.941.01.0
0.830.810.770.720.660.570.44-0.880.290.070.420.530.450.830.840.93-0.290.840.960.89-0.160.690.890.840.84
0.930.960.920.840.790.70.44-0.920.32-0.030.420.640.390.930.840.86-0.380.850.880.89-0.220.770.850.950.94
0.940.920.910.910.880.820.25-0.950.610.230.690.80.670.940.930.86-0.620.970.980.94-0.510.820.990.930.93
-0.62-0.59-0.69-0.79-0.83-0.870.260.56-0.96-0.46-0.87-0.93-0.76-0.6-0.29-0.38-0.62-0.73-0.51-0.560.98-0.55-0.69-0.58-0.57
0.930.940.960.940.920.910.26-0.960.690.180.720.890.650.920.840.850.97-0.730.950.95-0.610.840.980.920.92
0.90.90.880.850.80.760.41-0.960.470.080.560.710.540.90.960.880.98-0.510.950.97-0.390.760.970.910.91
0.860.910.910.830.790.810.52-0.970.47-0.070.490.740.420.860.890.890.94-0.560.950.97-0.440.710.930.870.86
-0.48-0.44-0.55-0.68-0.73-0.770.350.41-0.95-0.49-0.84-0.85-0.73-0.47-0.16-0.22-0.510.98-0.61-0.39-0.44-0.42-0.58-0.44-0.43
0.870.880.890.850.840.830.11-0.810.620.210.690.820.630.860.690.770.82-0.550.840.760.71-0.420.80.860.86
0.940.920.930.940.920.850.2-0.940.660.280.740.850.710.940.890.850.99-0.690.980.970.93-0.580.80.940.93
1.00.980.960.960.930.820.19-0.920.550.240.670.80.651.00.840.950.93-0.580.920.910.87-0.440.860.941.0
1.00.970.950.950.920.810.19-0.910.540.250.670.780.661.00.840.940.93-0.570.920.910.86-0.430.860.931.0
Click cells to compare fundamentals

Inozyme Pharma Account Relationship Matchups

Inozyme Pharma fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets169.4M123.5M139.2M200.8M231.0M132.8M
Other Current Liab6.9M7.8M10.5M12.6M14.5M7.6M
Total Current Liabilities10.0M11.6M14.7M14.7M16.9M10.4M
Total Stockholder Equity158.1M109.3M118.6M140.5M161.6M87.9M
Net Tangible Assets(33.2M)158.1M109.3M118.4M136.2M74.5M
Property Plant And Equipment Net2.6M4.4M3.6M2.6M3.0M2.5M
Net Debt(158.6M)(19.9M)(26.1M)12.0M13.8M14.5M
Retained Earnings(91.1M)(147.7M)(214.8M)(285.9M)(257.3M)(244.5M)
Accounts Payable3.1M2.4M2.5M1.2M1.3M2.0M
Cash159.9M23.3M32.9M34.6M31.1M42.4M
Non Current Assets Total18.4M8.2M7.8M4.6M5.3M7.3M
Non Currrent Assets Other3.5M3.4M3.8M2.0M2.3M2.4M
Cash And Short Term Investments159.9M111.8M127.9M188.6M216.9M124.4M
Net Receivables155K62K115K385K442.8K464.9K
Common Stock Shares Outstanding23.4M23.6M37.8M51.8M59.6M30.6M
Short Term Investments119.7M88.5M95.0M154.0M177.1M186.0M
Liabilities And Stockholders Equity169.4M123.5M139.4M200.8M231.0M132.8M
Non Current Liabilities Total1.3M2.6M6.1M45.7M41.1M25.2M
Capital Surpluse1.4M249.2M256.9M333.4M383.4M402.5M
Other Current Assets3.3M3.5M3.4M7.3M8.4M8.8M
Other Stockholder Equity79.8M256.9M333.4M426.4M490.3M514.8M
Total Liab11.3M14.3M20.8M60.4M54.3M32.7M
Net Invested Capital158.1M109.3M122.5M185.2M213.0M223.7M
Total Current Assets151.0M115.3M131.4M196.3M225.7M125.5M
Accumulated Other Comprehensive Income2K18K(205K)41K36.9K38.7K
Net Working Capital141.0M103.7M116.7M181.6M208.8M115.1M
Property Plant Equipment298K2.6M4.4M2.0M2.3M2.1M
Property Plant And Equipment Gross2.6M5.4M5.4M5.0M5.8M4.2M

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