Kezar Historical Balance Sheet
KZR Stock | USD 7.47 0.07 0.95% |
Trend analysis of Kezar Life Sciences balance sheet accounts such as Total Stockholder Equity of 129.1 M provides information on Kezar Life's total assets, liabilities, and equity, which is the actual value of Kezar Life Sciences to its prevalent stockholders. By breaking down trends over time using Kezar Life balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Kezar Life Sciences latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kezar Life Sciences is a good buy for the upcoming year.
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About Kezar Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Kezar Life Sciences at a specified time, usually calculated after every quarter, six months, or one year. Kezar Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kezar Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kezar currently owns. An asset can also be divided into two categories, current and non-current.
Kezar Life Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Kezar Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kezar Life Sciences books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Kezar Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kezar Life Sciences are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Long Term Debt
Long-term debt is a debt that Kezar Life Sciences has held for over one year. Long-term debt appears on Kezar Life Sciences balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kezar Life Sciences balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from Kezar Life's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kezar Life Sciences current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Kezar Life Sciences. 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. At this time, Kezar Life's Net Receivables is relatively stable compared to the past year. As of 11/29/2024, Common Stock Total Equity is likely to grow to about 82.1 K, while Other Current Liabilities is likely to drop slightly above 2.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 3.8M | 3.4M | 3.5M | 2.3M | Total Assets | 217.9M | 299.6M | 221.2M | 159.6M |
Kezar Life balance sheet Correlations
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Kezar Life Account Relationship Matchups
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Kezar Life balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 89.5M | 151.8M | 217.9M | 299.6M | 221.2M | 159.6M | |
Other Current Liab | 62K | 2M | 3.8M | 3.4M | 3.5M | 2.3M | |
Total Current Liabilities | 6.0M | 6.4M | 8.2M | 11.0M | 17.7M | 18.6M | |
Total Stockholder Equity | 78.0M | 141.0M | 196.9M | 269.9M | 187.6M | 129.1M | |
Net Tangible Assets | 78.0M | 141.0M | 196.9M | 269.9M | 310.4M | 325.9M | |
Property Plant And Equipment Net | 8.1M | 6.7M | 6.0M | 13.2M | 8.7M | 6.8M | |
Net Debt | (8.6M) | (15.8M) | (48.8M) | (19.2M) | (16.6M) | (17.4M) | |
Retained Earnings | (84.3M) | (126.0M) | (180.7M) | (248.9M) | (350.8M) | (333.2M) | |
Accounts Payable | 823K | 2.4M | 2.0M | 2.5M | 8.3M | 8.7M | |
Cash | 15.0M | 21.2M | 62.9M | 40.5M | 35.5M | 35.7M | |
Non Current Assets Total | 8.4M | 7.0M | 6.3M | 13.8M | 14.3M | 7.9M | |
Cash And Short Term Investments | 78.2M | 140.4M | 208.4M | 276.6M | 201.4M | 147.6M | |
Net Receivables | 642K | 766K | 70K | 2.3M | 2.6M | 2.8M | |
Common Stock Shares Outstanding | 19.1M | 44.0M | 52.8M | 67.4M | 72.6M | 40.2M | |
Liabilities And Stockholders Equity | 89.5M | 151.8M | 217.9M | 299.6M | 221.2M | 159.6M | |
Non Current Liabilities Total | 5.5M | 4.4M | 12.8M | 18.7M | 15.9M | 16.7M | |
Capital Surpluse | 162.5M | 267.1M | 377.8M | 519.6M | 597.6M | 627.4M | |
Other Current Assets | 1.0M | 4.4M | 3.3M | 9.2M | 5.6M | 3.4M | |
Other Stockholder Equity | 162.5M | 267.1M | 377.8M | 519.6M | 538.4M | 565.3M | |
Total Liab | 11.5M | 10.9M | 21.1M | 29.7M | 33.7M | 22.1M | |
Property Plant And Equipment Gross | 8.1M | 6.7M | 9.6M | 17.8M | 14.1M | 8.7M | |
Total Current Assets | 81.1M | 144.8M | 211.7M | 285.7M | 207.0M | 151.6M | |
Accumulated Other Comprehensive Income | (196K) | (137K) | (291K) | (923K) | (130K) | (136.5K) | |
Property Plant Equipment | 8.1M | 3.4M | 3.3M | 3.4M | 3.9M | 4.0M | |
Net Invested Capital | 78.0M | 141.0M | 206.5M | 279.7M | 197.6M | 154.9M | |
Net Working Capital | 75.1M | 138.4M | 203.4M | 274.7M | 189.2M | 163.1M | |
Retained Earnings Total Equity | (84.3M) | (126.0M) | (180.7M) | (248.9M) | (224.0M) | (212.8M) | |
Short Term Investments | 63.3M | 119.2M | 145.5M | 236.1M | 165.9M | 149.1M |
Pair Trading with Kezar Life
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 Kezar Life 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 Kezar Life will appreciate offsetting losses from the drop in the long position's value.Moving together with Kezar Stock
Moving against Kezar Stock
0.57 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
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0.51 | LTRN | Lantern Pharma | PairCorr |
0.5 | HLN | Haleon plc | PairCorr |
0.46 | ELAN | Elanco Animal Health | PairCorr |
The ability to find closely correlated positions to Kezar Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kezar Life 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 Kezar Life - 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 Kezar Life Sciences to buy it.
The correlation of Kezar Life 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 Kezar Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kezar Life Sciences 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 Kezar Life 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 Kezar Stock Analysis
When running Kezar Life's price analysis, check to measure Kezar Life's 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 Kezar Life is operating at the current time. Most of Kezar Life's value examination focuses on studying past and present price action to predict the probability of Kezar Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kezar Life's price. Additionally, you may evaluate how the addition of Kezar Life to your portfolios can decrease your overall portfolio volatility.