Pliant Capital Expenditures vs Change To Netincome Analysis

PLRX Stock  USD 13.34  0.13  0.98%   
Pliant Therapeutics financial indicator trend analysis is much more than just breaking down Pliant Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pliant Therapeutics is a good investment. Please check the relationship between Pliant Therapeutics Capital Expenditures and its Change To Netincome accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pliant 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 metropolitan statistical area.
For more information on how to buy Pliant Stock please use our How to Invest in Pliant Therapeutics guide.

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pliant Therapeutics Capital Expenditures account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pliant Therapeutics' Capital Expenditures and Change To Netincome is -0.17. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Pliant Therapeutics, assuming nothing else is changed. The correlation between historical values of Pliant Therapeutics' Capital Expenditures and Change To Netincome 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 Pliant Therapeutics are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., Pliant Therapeutics' Capital Expenditures and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Pliant 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 Pliant Therapeutics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Netincome

Most indicators from Pliant Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pliant 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pliant 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 metropolitan statistical area.
For more information on how to buy Pliant Stock please use our How to Invest in Pliant Therapeutics guide.At this time, Pliant Therapeutics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 29.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income272K4.7M20.5M21.5M
Net Interest Income272K3.9M19.2M20.2M

Pliant Therapeutics fundamental ratios Correlations

0.90.990.780.95-0.960.690.661.00.530.311.00.890.60.760.920.50.470.60.3-0.260.980.93-0.760.380.9
0.90.880.790.89-0.910.720.610.890.390.310.90.980.660.920.990.630.620.710.31-0.190.910.95-0.730.610.97
0.990.880.690.98-0.950.690.540.990.460.140.990.90.570.760.910.510.540.560.17-0.390.990.89-0.840.380.9
0.780.790.690.68-0.680.590.940.770.690.70.770.710.760.60.780.490.30.640.50.190.680.84-0.50.460.8
0.950.890.980.68-0.910.630.490.950.470.070.950.920.60.790.90.590.660.610.07-0.410.970.87-0.90.490.93
-0.96-0.91-0.95-0.68-0.91-0.74-0.56-0.96-0.31-0.26-0.96-0.9-0.57-0.84-0.92-0.54-0.51-0.63-0.280.33-0.98-0.90.72-0.43-0.89
0.690.720.690.590.63-0.740.510.690.130.140.690.710.60.520.680.260.250.340.23-0.390.660.69-0.620.260.69
0.660.610.540.940.49-0.560.510.650.720.850.660.490.670.370.610.28-0.030.50.690.40.510.73-0.250.240.61
1.00.890.990.770.95-0.960.690.650.520.31.00.890.590.760.920.490.470.590.29-0.270.980.92-0.760.370.9
0.530.390.460.690.47-0.310.130.720.520.520.530.360.370.10.450.06-0.080.230.530.410.380.6-0.270.00.46
0.310.310.140.70.07-0.260.140.850.30.520.30.160.350.180.320.08-0.280.340.80.70.170.440.240.080.24
1.00.90.990.770.95-0.960.690.661.00.530.30.890.590.760.920.490.470.590.29-0.260.980.93-0.760.370.9
0.890.980.90.710.92-0.90.710.490.890.360.160.890.560.910.980.570.680.610.18-0.340.920.92-0.790.540.95
0.60.660.570.760.6-0.570.60.670.590.370.350.590.560.540.590.790.370.850.250.060.560.64-0.610.770.76
0.760.920.760.60.79-0.840.520.370.760.10.180.760.910.540.890.750.780.770.11-0.280.850.78-0.660.730.87
0.920.990.910.780.9-0.920.680.610.920.450.320.920.980.590.890.560.580.660.35-0.180.930.97-0.710.520.96
0.50.630.510.490.59-0.540.260.280.490.060.080.490.570.790.750.560.730.95-0.09-0.120.580.48-0.620.970.71
0.470.620.540.30.66-0.510.25-0.030.47-0.08-0.280.470.680.370.780.580.730.55-0.49-0.580.610.39-0.770.720.64
0.60.710.560.640.61-0.630.340.50.590.230.340.590.610.850.770.660.950.550.230.10.630.64-0.530.920.78
0.30.310.170.50.07-0.280.230.690.290.530.80.290.180.250.110.35-0.09-0.490.230.730.160.520.29-0.070.25
-0.26-0.19-0.390.19-0.410.33-0.390.4-0.270.410.7-0.26-0.340.06-0.28-0.18-0.12-0.580.10.73-0.38-0.020.63-0.05-0.2
0.980.910.990.680.97-0.980.660.510.980.380.170.980.920.560.850.930.580.610.630.16-0.380.89-0.810.460.91
0.930.950.890.840.87-0.90.690.730.920.60.440.930.920.640.780.970.480.390.640.52-0.020.89-0.630.440.94
-0.76-0.73-0.84-0.5-0.90.72-0.62-0.25-0.76-0.270.24-0.76-0.79-0.61-0.66-0.71-0.62-0.77-0.530.290.63-0.81-0.63-0.55-0.82
0.380.610.380.460.49-0.430.260.240.370.00.080.370.540.770.730.520.970.720.92-0.07-0.050.460.44-0.550.68
0.90.970.90.80.93-0.890.690.610.90.460.240.90.950.760.870.960.710.640.780.25-0.20.910.94-0.820.68
Click cells to compare fundamentals

Pliant Therapeutics Account Relationship Matchups

Pliant Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets119.1M295.5M221.2M350.6M512.2M537.8M
Total Current Liabilities8.2M11.6M16.8M23.9M28.5M15.3M
Total Stockholder Equity(435K)283.1M199.1M313.3M473.6M497.3M
Net Tangible Assets(76.3M)283.1M199.1M313.3M360.3M378.4M
Retained Earnings(76.3M)(117.8M)(215.1M)(338.4M)(499.7M)(474.8M)
Accounts Payable1.3M2.0M3.0M1.6M4.5M2.6M
Cash85.8M50.9M51.7M33.7M63.2M55.1M
Cash And Short Term Investments102.8M276.9M200.6M331.2M494.2M519.0M
Net Receivables7.4M9.4M2.0M2.0M3.0M3.8M
Total Liab119.5M12.5M22.2M37.3M38.6M34.4M
Total Current Assets111.9M290.8M209.4M340.3M505.5M530.8M
Property Plant Equipment4.1M4.3M10.9M4.5M5.2M5.5M
Short Long Term Debt Total444K283K7.2M15.8M11.4M6.5M
Other Current Liab6.9M9.6M10.1M17.4M21.4M12.4M
Property Plant And Equipment Net4.1M4.3M10.9M9.9M4.8M7.0M
Net Debt(85.4M)(50.6M)(44.5M)(17.9M)(51.9M)(54.5M)
Non Current Assets Total7.2M4.8M11.8M10.3M6.7M8.3M
Non Currrent Assets Other3.1M451K838K394K1.9M957.1K
Other Assets3.1M451K838K394K1.00.95
Common Stock Shares Outstanding35.6M35.6M35.8M42.0M58.7M41.1M
Short Term Investments17.0M226.0M148.9M297.5M431.0M452.6M
Liabilities And Stockholders Equity119.1M295.5M221.2M350.6M512.2M286.9M
Non Current Liabilities Total111.3M866K5.3M13.4M10.1M9.6M
Capital Lease Obligations444K283K7.2M5.9M1.3M1.3M
Other Current Assets1.7M4.5M6.8M7.1M8.3M5.3M
Other Stockholder Equity2.2M400.9M414.3M653.7M973.0M1.0B
Net Invested Capital(76.3M)283.1M199.1M323.3M483.6M507.8M
Accumulated Other Comprehensive Income(1K)(32K)(201K)(2.0M)345K362.3K
Non Current Liabilities Other10K2K5.3M3.4M3.9M4.1M
Net Working Capital103.7M279.2M192.6M316.4M477.0M261.3M

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