Kymera Capital Expenditures vs Depreciation Analysis
KYMR Stock | USD 40.66 1.52 3.88% |
Kymera Therapeutics financial indicator trend analysis is infinitely more than just investigating Kymera Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kymera Therapeutics is a good investment. Please check the relationship between Kymera Therapeutics Capital Expenditures and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kymera Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Kymera Stock, please use our How to Invest in Kymera Therapeutics guide.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kymera Therapeutics Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kymera Therapeutics' Capital Expenditures and Depreciation is 0.66. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Kymera Therapeutics, assuming nothing else is changed. The correlation between historical values of Kymera Therapeutics' Capital Expenditures and Depreciation 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 Kymera Therapeutics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Kymera Therapeutics' Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Kymera Therapeutics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Kymera Therapeutics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Kymera Therapeutics value has been used up. For tax purposes Kymera Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Kymera Therapeutics 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.Most indicators from Kymera Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kymera Therapeutics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kymera Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Kymera Stock, please use our How to Invest in Kymera Therapeutics guide.At this time, Kymera Therapeutics' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/23/2024, Enterprise Value is likely to grow to about 1.9 B, while Selling General Administrative is likely to drop slightly above 30.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 175K | 176K | 196K | 132.7K | Depreciation And Amortization | 2.4M | 3.0M | 3.6M | 2.3M |
Kymera Therapeutics fundamental ratios Correlations
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Kymera Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kymera Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 116.7M | 487.2M | 605.9M | 603.1M | 575.8M | 446.0M | |
Short Long Term Debt Total | 21.2M | 18.0M | 18.0M | 17.3M | 84.7M | 88.9M | |
Other Current Liab | 4.6M | 7.2M | 19.6M | 23.9M | 28.0M | 15.3M | |
Total Current Liabilities | 34.6M | 110.6M | 101.0M | 63.3M | 85.7M | 73.3M | |
Total Stockholder Equity | (74.4M) | 283.9M | 459.6M | 490.2M | 395.0M | 278.6M | |
Other Liab | 29.6M | 77.9M | 39.4M | 28.2M | 32.5M | 38.6M | |
Net Tangible Assets | (74.4M) | 283.9M | 459.6M | 490.2M | 563.7M | 591.9M | |
Property Plant And Equipment Net | 22.1M | 10.8M | 11.9M | 13.3M | 101.1M | 106.1M | |
Current Deferred Revenue | 23.3M | 170.4M | 101.0M | 63.3M | 37.9M | 73.0M | |
Net Debt | (54.8M) | (13.0M) | (30.0M) | (51.1M) | (25.3M) | (26.6M) | |
Retained Earnings | (76.5M) | (128.8M) | (229.0M) | (383.8M) | (530.8M) | (504.2M) | |
Accounts Payable | 3.3M | 4.4M | 4.0M | 4.3M | 7.1M | 4.6M | |
Cash | 76.0M | 31.0M | 48.0M | 68.4M | 110.0M | 68.7M | |
Non Current Assets Total | 23.9M | 184.8M | 38.3M | 43.6M | 170.4M | 179.0M | |
Non Currrent Assets Other | 1.8M | 11.5M | (98.8M) | (122.0M) | 7.9M | 8.3M | |
Other Assets | 1.8M | 1.6M | 8.1M | 9.1M | 10.5M | 11.0M | |
Cash And Short Term Investments | 92.0M | 458.7M | 567.6M | 559.5M | 374.9M | 383.9M | |
Net Receivables | 287K | 1.4M | 135K | 2.5M | 18.8M | 19.7M | |
Common Stock Shares Outstanding | 44.5M | 17.3M | 48.0M | 53.9M | 58.4M | 44.4M | |
Short Term Investments | 15.9M | 265.2M | 394.4M | 338.8M | 264.9M | 234.5M | |
Liabilities And Stockholders Equity | 116.7M | 487.2M | 605.9M | 603.1M | 575.8M | 446.0M | |
Non Current Liabilities Total | 156.5M | 92.7M | 45.2M | 49.7M | 95.1M | 68.4M | |
Capital Lease Obligations | 21.2M | 18.0M | 18.0M | 17.3M | 84.7M | 88.9M | |
Other Current Assets | 888K | 4.7M | 8.7M | 9.7M | 11.7M | 6.6M | |
Other Stockholder Equity | (107.0M) | 412.8M | 689.3M | 878.9M | 926.3M | 513.5M | |
Total Liab | 191.1M | 203.3M | 146.3M | 113.0M | 180.8M | 167.4M | |
Net Invested Capital | (74.4M) | 283.9M | 459.6M | 490.2M | 395.0M | 278.6M | |
Property Plant And Equipment Gross | 22.1M | 20.7M | 25.2M | 29.1M | 111.5M | 117.1M | |
Total Current Assets | 92.8M | 302.3M | 567.6M | 559.5M | 405.3M | 361.1M | |
Accumulated Other Comprehensive Income | 6K | (128K) | (660K) | (4.9M) | (552K) | (579.6K) | |
Net Working Capital | 58.3M | 191.7M | 358.7M | 348.1M | 319.6M | 240.8M | |
Short Term Debt | 3.4M | 6.5M | 7.2M | 7.9M | 12.7M | 7.0M | |
Property Plant Equipment | 22.1M | 20.7M | 11.9M | 13.3M | 15.3M | 15.4M |
Pair Trading with Kymera Therapeutics
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 Kymera Therapeutics 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 Kymera Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Kymera Stock
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The ability to find closely correlated positions to Kymera Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kymera Therapeutics 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 Kymera Therapeutics - 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 Kymera Therapeutics to buy it.
The correlation of Kymera Therapeutics 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 Kymera Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kymera Therapeutics 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 Kymera Therapeutics 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.Additional Tools for Kymera Stock Analysis
When running Kymera Therapeutics' price analysis, check to measure Kymera Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kymera Therapeutics is operating at the current time. Most of Kymera Therapeutics' value examination focuses on studying past and present price action to predict the probability of Kymera Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kymera Therapeutics' price. Additionally, you may evaluate how the addition of Kymera Therapeutics to your portfolios can decrease your overall portfolio volatility.