Leap Total Current Liabilities vs Retained Earnings Analysis
LPTX Stock | USD 2.98 0.06 2.05% |
Leap Therapeutics financial indicator trend analysis is infinitely more than just investigating Leap Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leap Therapeutics is a good investment. Please check the relationship between Leap Therapeutics Total Current Liabilities and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap 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 estimate. For more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.
Total Current Liabilities vs Retained Earnings
Total Current Liabilities vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leap Therapeutics Total Current Liabilities account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Leap Therapeutics' Total Current Liabilities and Retained Earnings is -0.31. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Leap Therapeutics, assuming nothing else is changed. The correlation between historical values of Leap Therapeutics' Total Current Liabilities and Retained Earnings 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 Liabilities of Leap Therapeutics are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Liabilities i.e., Leap Therapeutics' Total Current Liabilities and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Leap Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Leap Therapeutics 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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Leap Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leap 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 Leap 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 estimate. For more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.Selling General Administrative is likely to drop to about 8.7 M in 2024. Tax Provision is expected to grow at the current pace this year
Leap Therapeutics fundamental ratios Correlations
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Leap Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leap Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Other Current Liab | 3.4M | 3.0M | 4.9M | 4.7M | 5.7M | 3.0M | |
Total Current Liabilities | 8.5M | 7.4M | 10.0M | 11.2M | 12.7M | 9.7M | |
Total Stockholder Equity | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 63.1M | |
Property Plant And Equipment Net | 1.2M | 593K | 495K | 689K | 262K | 444.1K | |
Net Debt | (2.9M) | (51.5M) | (114.4M) | (64.8M) | (70.4M) | (66.9M) | |
Retained Earnings | (195.2M) | (223.0M) | (263.6M) | (318.2M) | (399.6M) | (379.6M) | |
Accounts Payable | 4.6M | 2.7M | 4.2M | 5.7M | 6.5M | 6.8M | |
Cash | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 38.1M | |
Non Current Assets Total | 3.2M | 2.1M | 1.0M | 2.4M | 1.2M | 1.9M | |
Non Currrent Assets Other | 1.9M | 1.3M | 383K | 1.7M | 966K | 1.3M | |
Cash And Short Term Investments | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 42.0M | |
Net Receivables | 185K | 73K | 1.2M | 2.1M | 771K | 1.0M | |
Common Stock Total Equity | 15K | 24K | 60K | 88K | 101.2K | 106.3K | |
Common Stock Shares Outstanding | 2.3M | 5.9M | 8.6M | 11.3M | 20.4M | 21.5M | |
Liabilities And Stockholders Equity | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Non Current Liabilities Total | 3.4M | 711K | 348K | 37K | 262K | 0.0 | |
Other Current Assets | 165K | 130K | 769K | 351K | 183K | 284.3K | |
Other Stockholder Equity | 193.3M | 270.2M | 371.6M | 376.8M | 459.6M | 482.6M | |
Total Liab | 9.2M | 7.7M | 10.0M | 11.5M | 12.7M | 8.8M | |
Property Plant And Equipment Gross | 1.2M | 593K | 495K | 689K | 483K | 464.4K | |
Total Current Assets | 4.2M | 52.3M | 116.9M | 68.0M | 71.6M | 43.3M | |
Accumulated Other Comprehensive Income | 76K | (579K) | (267K) | 128K | 106K | 100.7K | |
Common Stock | 24K | 60K | 88K | 99K | 26K | 27.3K | |
Net Tangible Assets | (1.7M) | 46.7M | 107.9M | 58.9M | 67.7M | 71.1M | |
Other Assets | 2.1M | 2.0M | 542K | 1.7M | 2.0M | 1.5M | |
Property Plant Equipment | 1.2M | 65K | 36K | 689K | 792.4K | 832.0K | |
Capital Surpluse | 162.4M | 193.3M | 270.2M | 371.6M | 427.4M | 448.8M | |
Deferred Long Term Liab | 162K | 831K | 345K | 576K | 518.4K | 442.1K | |
Non Current Liabilities Other | 3.4M | 159K | 348K | 37K | 33.3K | 31.6K | |
Retained Earnings Total Equity | (153.5M) | (195.2M) | (223.0M) | (263.6M) | (237.2M) | (249.1M) | |
Net Invested Capital | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 45.9M | |
Net Working Capital | (4.2M) | 44.9M | 106.9M | 56.7M | 58.9M | 46.5M | |
Capital Stock | 24K | 60K | 88K | 99K | 26K | 24.7K |
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When running Leap Therapeutics' price analysis, check to measure Leap 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 Leap Therapeutics is operating at the current time. Most of Leap Therapeutics' value examination focuses on studying past and present price action to predict the probability of Leap Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leap Therapeutics' price. Additionally, you may evaluate how the addition of Leap Therapeutics to your portfolios can decrease your overall portfolio volatility.