Nkarta Cash And Short Term Investments vs Net Debt Analysis

NKTX Stock

USD 1.76 0.04 2.22%

Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Cash And Short Term Investments and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. 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.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nkarta Inc Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Nkarta's Cash And Short Term Investments and Net Debt is 0.27. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Nkarta Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Nkarta's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nkarta Inc balance sheet. This account contains Nkarta investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nkarta Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc 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 Nkarta Inc. 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.

At this time, Nkarta's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 42.97 in 2025, despite the fact that Issuance Of Capital Stock is likely to grow to (57.9 K).

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	2.6M	5.9M	6.7M	7.1M
Interest Income	5.6M	13.5M	15.6M	16.4M

Depreciation And Amortization Interest Income

Nkarta fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets
Total Assets		0.88	0.85	0.99	-0.95	0.96	0.84	0.41	-0.91	0.75	0.74	0.86	0.97	0.88	0.99	0.49	0.94	0.93	0.73	0.95	-0.87	0.94	0.99	0.78	0.99	0.99
Other Current Liab	0.88		0.99	0.83	-0.9	0.95	0.99	0.72	-0.98	0.94	0.5	0.99	0.88	0.67	0.82	0.15	0.98	0.88	0.79	0.97	-0.74	0.8	0.91	0.83	0.83	0.82
Total Current Liabilities	0.85	0.99		0.79	-0.9	0.92	0.98	0.72	-0.97	0.98	0.49	0.98	0.85	0.65	0.79	0.18	0.96	0.9	0.83	0.95	-0.78	0.76	0.88	0.86	0.79	0.8
Total Stockholder Equity	0.99	0.83	0.79		-0.92	0.95	0.78	0.3	-0.87	0.68	0.81	0.8	0.96	0.91	1.0	0.52	0.92	0.87	0.61	0.93	-0.84	0.94	0.96	0.67	1.0	1.0
Other Liab	-0.95	-0.9	-0.9	-0.92		-0.95	-0.85	-0.42	0.93	-0.83	-0.74	-0.87	-0.96	-0.81	-0.94	-0.53	-0.95	-0.95	-0.72	-0.95	0.94	-0.93	-0.94	-0.77	-0.92	-0.94
Net Tangible Assets	0.96	0.95	0.92	0.95	-0.95		0.9	0.48	-0.95	0.84	0.74	0.92	0.93	0.86	0.95	0.35	0.99	0.89	0.67	0.99	-0.82	0.89	0.95	0.72	0.95	0.95
Property Plant And Equipment Net	0.84	0.99	0.98	0.78	-0.85	0.9		0.8	-0.97	0.94	0.4	1.0	0.82	0.61	0.77	0.09	0.95	0.85	0.84	0.94	-0.69	0.74	0.87	0.86	0.78	0.77
Net Debt	0.41	0.72	0.72	0.3	-0.42	0.48	0.8		-0.67	0.71	-0.23	0.78	0.41	0.03	0.27	-0.34	0.59	0.47	0.75	0.56	-0.22	0.32	0.48	0.74	0.3	0.28
Retained Earnings	-0.91	-0.98	-0.97	-0.87	0.93	-0.95	-0.97	-0.67		-0.91	-0.53	-0.97	-0.92	-0.7	-0.86	-0.21	-0.98	-0.91	-0.8	-0.97	0.78	-0.85	-0.94	-0.84	-0.87	-0.86
Accounts Payable	0.75	0.94	0.98	0.68	-0.83	0.84	0.94	0.71	-0.91		0.43	0.93	0.73	0.6	0.69	0.11	0.89	0.87	0.82	0.88	-0.74	0.62	0.79	0.85	0.68	0.69
Cash	0.74	0.5	0.49	0.81	-0.74	0.74	0.4	-0.23	-0.53	0.43		0.43	0.69	0.93	0.83	0.69	0.64	0.65	0.2	0.67	-0.79	0.71	0.66	0.26	0.81	0.83
Non Current Assets Total	0.86	0.99	0.98	0.8	-0.87	0.92	1.0	0.78	-0.97	0.93	0.43		0.84	0.62	0.79	0.12	0.96	0.86	0.83	0.95	-0.71	0.77	0.88	0.86	0.8	0.79
Non Currrent Assets Other	0.97	0.88	0.85	0.96	-0.96	0.93	0.82	0.41	-0.92	0.73	0.69	0.84		0.79	0.95	0.48	0.93	0.91	0.69	0.94	-0.85	0.98	0.97	0.75	0.96	0.95
Other Assets	0.88	0.67	0.65	0.91	-0.81	0.86	0.61	0.03	-0.7	0.6	0.93	0.62	0.79		0.92	0.56	0.79	0.79	0.44	0.8	-0.81	0.76	0.83	0.5	0.91	0.92
Cash And Short Term Investments	0.99	0.82	0.79	1.0	-0.94	0.95	0.77	0.27	-0.86	0.69	0.83	0.79	0.95	0.92		0.58	0.91	0.89	0.62	0.92	-0.88	0.94	0.95	0.68	1.0	1.0
Net Receivables	0.49	0.15	0.18	0.52	-0.53	0.35	0.09	-0.34	-0.21	0.11	0.69	0.12	0.48	0.56	0.58		0.29	0.5	0.24	0.31	-0.73	0.57	0.38	0.25	0.52	0.58
Common Stock Total Equity	0.94	0.98	0.96	0.92	-0.95	0.99	0.95	0.59	-0.98	0.89	0.64	0.96	0.93	0.79	0.91	0.29		0.9	0.74	1.0	-0.8	0.88	0.95	0.78	0.92	0.91
Common Stock Shares Outstanding	0.93	0.88	0.9	0.87	-0.95	0.89	0.85	0.47	-0.91	0.87	0.65	0.86	0.91	0.79	0.89	0.5	0.9		0.86	0.9	-0.94	0.84	0.93	0.89	0.87	0.9
Non Current Liabilities Total	0.73	0.79	0.83	0.61	-0.72	0.67	0.84	0.75	-0.8	0.82	0.2	0.83	0.69	0.44	0.62	0.24	0.74	0.86		0.72	-0.7	0.59	0.76	1.0	0.61	0.63
Capital Surpluse	0.95	0.97	0.95	0.93	-0.95	0.99	0.94	0.56	-0.97	0.88	0.67	0.95	0.94	0.8	0.92	0.31	1.0	0.9	0.72		-0.82	0.89	0.95	0.77	0.93	0.93
Inventory	-0.87	-0.74	-0.78	-0.84	0.94	-0.82	-0.69	-0.22	0.78	-0.74	-0.79	-0.71	-0.85	-0.81	-0.88	-0.73	-0.8	-0.94	-0.7	-0.82		-0.82	-0.82	-0.73	-0.84	-0.88
Other Current Assets	0.94	0.8	0.76	0.94	-0.93	0.89	0.74	0.32	-0.85	0.62	0.71	0.77	0.98	0.76	0.94	0.57	0.88	0.84	0.59	0.89	-0.82		0.92	0.64	0.94	0.94
Other Stockholder Equity	0.99	0.91	0.88	0.96	-0.94	0.95	0.87	0.48	-0.94	0.79	0.66	0.88	0.97	0.83	0.95	0.38	0.95	0.93	0.76	0.95	-0.82	0.92		0.81	0.96	0.95
Total Liab	0.78	0.83	0.86	0.67	-0.77	0.72	0.86	0.74	-0.84	0.85	0.26	0.86	0.75	0.5	0.68	0.25	0.78	0.89	1.0	0.77	-0.73	0.64	0.81		0.67	0.68
Net Invested Capital	0.99	0.83	0.79	1.0	-0.92	0.95	0.78	0.3	-0.87	0.68	0.81	0.8	0.96	0.91	1.0	0.52	0.92	0.87	0.61	0.93	-0.84	0.94	0.96	0.67		1.0
Total Current Assets	0.99	0.82	0.8	1.0	-0.94	0.95	0.77	0.28	-0.86	0.69	0.83	0.79	0.95	0.92	1.0	0.58	0.91	0.9	0.63	0.93	-0.88	0.94	0.95	0.68	1.0

Click cells to compare fundamentals

Nkarta Account Relationship Matchups

Nkarta fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	337.7M	273.9M	472.9M	378.9M	435.7M	278.9M
Other Current Liab	4.9M	6.9M	11.8M	13.6M	15.6M	16.4M
Total Current Liabilities	7.5M	10.5M	17.8M	23.3M	26.8M	28.2M
Total Stockholder Equity	321.2M	251.0M	372.2M	273.3M	314.3M	217.6M
Net Tangible Assets	(25.5M)	321.2M	251.0M	372.2M	428.0M	449.4M
Property Plant And Equipment Net	17.9M	24.5M	107.7M	119.3M	137.2M	144.0M
Net Debt	(87.8M)	(48.4M)	49.7M	57.3M	65.9M	69.2M
Retained Earnings	(118.0M)	(204.1M)	(317.9M)	(435.4M)	(391.9M)	(372.3M)
Accounts Payable	1.2M	1.1M	1.8M	3.7M	4.2M	4.4M
Cash	96.7M	60.8M	37.5M	31.0M	35.7M	46.7M
Non Current Assets Total	22.3M	33.7M	118.1M	125.8M	144.7M	151.9M
Non Currrent Assets Other	4.1M	7.1M	7.7M	6.5M	7.5M	4.7M
Other Assets	723K	9.5M	3.6M	4.6M	5.3M	4.1M
Cash And Short Term Investments	315.3M	240.2M	354.9M	248.2M	285.4M	220.6M
Common Stock Shares Outstanding	31.8M	32.9M	43.6M	49.0M	56.4M	35.7M
Short Term Investments	218.2M	177.3M	314.6M	217.1M	249.7M	173.0M
Liabilities And Stockholders Equity	337.7M	273.9M	472.9M	378.9M	435.7M	278.9M
Non Current Liabilities Total	8.9M	12.5M	82.9M	82.3M	94.6M	48.6M
Capital Surpluse	1.2M	439.2M	455.2M	690.8M	794.4M	834.2M
Capital Lease Obligations	8.9M	12.5M	82.9M	88.3M	101.6M	106.7M
Other Current Assets	3.9M	7.7M	8.5M	4.9M	5.6M	4.6M
Other Stockholder Equity	439.2M	455.2M	690.8M	708.7M	815.0M	420.8M
Total Liab	16.4M	22.9M	100.7M	105.6M	121.4M	61.3M
Net Invested Capital	321.2M	251.0M	372.2M	273.3M	314.3M	217.6M
Total Current Assets	315.3M	240.2M	354.9M	253.1M	291.0M	221.7M
Accumulated Other Comprehensive Income	3K	(150K)	(679K)	8K	7.2K	7.6K
Non Current Liabilities Other	89.2K	82K	10.0M	78.7M	90.5M	95.0M
Net Working Capital	310.0M	229.7M	338.6M	229.7M	264.2M	209.6M
Property Plant Equipment	10.2M	17.9M	12.9M	61.9M	71.2M	74.8M
Short Long Term Debt Total	8.9M	12.5M	87.2M	88.3M	101.6M	106.7M
Property Plant And Equipment Gross	17.9M	24.5M	107.7M	131.0M	150.6M	158.1M
Short Term Debt	2.8M	5.0M	8.5M	6.1M	7.0M	5.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

CRM	Salesforce
C	Citigroup
GM	General Motors

Additional Tools for Nkarta Stock Analysis

When running Nkarta's price analysis, check to measure Nkarta'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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Nkarta Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

Nkarta fundamental ratios Correlations

Nkarta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nkarta fundamental ratios Accounts

Also Currently Popular

Additional Tools for Nkarta Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 1.0	Cash And Short Term Investments
Total Current Assets	+ 1.0	Cash And Short Term Investments

Common Stock Total Equity	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Other Current Liab
Capital Surpluse	- 0.97	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Property Plant And Equipment Net
Retained Earnings	- 0.97	Total Current Liabilities