Relay Property Plant And Equipment Net vs Total Assets Analysis

RLAY Stock  USD 4.00  0.04  1.01%   
Relay Therapeutics financial indicator trend analysis is much more than just breaking down Relay Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Relay Therapeutics is a good investment. Please check the relationship between Relay Therapeutics Property Plant And Equipment Net and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Relay 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 nation.
For more information on how to buy Relay Stock please use our How to Invest in Relay Therapeutics guide.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Relay Therapeutics Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Relay Therapeutics' Property Plant And Equipment Net and Total Assets is 0.85. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Relay Therapeutics, assuming nothing else is changed. The correlation between historical values of Relay Therapeutics' Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Relay Therapeutics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Relay Therapeutics' Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Relay Therapeutics 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 Relay Therapeutics 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.
Most indicators from Relay Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Relay 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 Relay 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 nation.
For more information on how to buy Relay Stock please use our How to Invest in Relay Therapeutics guide.Selling General Administrative is likely to drop to about 47.6 M in 2025. Issuance Of Capital Stock is likely to drop to about 8 M in 2025
 2022 2023 2024 2025 (projected)
Interest Income8.8M31.0M35.7M37.5M
Net Interest Income8.8M31.0M35.7M37.5M

Relay Therapeutics fundamental ratios Correlations

0.870.640.880.990.860.960.850.72-0.27-0.880.910.370.860.790.781.00.970.91-0.950.940.870.750.93-0.940.99
0.870.520.890.860.690.871.00.880.13-0.930.98-0.021.00.810.790.830.920.9-0.850.91.00.520.86-0.830.86
0.640.520.830.560.470.450.520.35-0.67-0.40.570.730.530.450.480.660.510.41-0.440.450.520.850.42-0.410.56
0.880.890.830.820.70.80.890.79-0.26-0.830.910.350.90.790.790.880.830.82-0.760.830.890.710.8-0.730.82
0.990.860.560.820.820.970.840.71-0.21-0.870.890.310.850.730.730.970.980.89-0.980.940.860.720.93-0.971.0
0.860.690.470.70.820.790.680.48-0.31-0.780.80.390.70.890.890.890.830.81-0.750.80.690.630.78-0.740.82
0.960.870.450.80.970.790.860.82-0.03-0.940.90.130.860.750.720.940.960.97-0.990.990.870.580.98-0.980.97
0.851.00.520.890.840.680.860.890.13-0.920.98-0.031.00.820.80.820.90.89-0.820.891.00.490.85-0.810.84
0.720.880.350.790.710.480.820.890.32-0.910.85-0.220.890.690.650.690.760.89-0.760.870.880.220.87-0.750.71
-0.270.13-0.67-0.26-0.21-0.31-0.030.130.32-0.130.02-0.990.12-0.08-0.13-0.33-0.10.070.060.020.13-0.690.010.05-0.21
-0.88-0.93-0.4-0.83-0.87-0.78-0.94-0.92-0.91-0.13-0.930.03-0.93-0.87-0.84-0.87-0.92-0.980.89-0.97-0.93-0.41-0.960.88-0.87
0.910.980.570.910.890.80.90.980.850.02-0.930.090.980.870.860.90.930.93-0.850.930.980.590.89-0.840.89
0.37-0.020.730.350.310.390.13-0.03-0.22-0.990.030.09-0.010.170.220.430.20.03-0.160.08-0.020.750.1-0.140.31
0.861.00.530.90.850.70.861.00.890.12-0.930.98-0.010.830.820.830.910.9-0.830.91.00.50.86-0.810.85
0.790.810.450.790.730.890.750.820.69-0.08-0.870.870.170.831.00.810.80.85-0.660.80.810.40.79-0.640.73
0.780.790.480.790.730.890.720.80.65-0.13-0.840.860.220.821.00.810.790.82-0.640.770.790.430.77-0.620.73
1.00.830.660.880.970.890.940.820.69-0.33-0.870.90.430.830.810.810.950.9-0.930.930.830.760.92-0.910.97
0.970.920.510.830.980.830.960.90.76-0.1-0.920.930.20.910.80.790.950.91-0.960.940.920.640.93-0.950.98
0.910.90.410.820.890.810.970.890.890.07-0.980.930.030.90.850.820.90.91-0.910.990.90.460.99-0.910.89
-0.95-0.85-0.44-0.76-0.98-0.75-0.99-0.82-0.760.060.89-0.85-0.16-0.83-0.66-0.64-0.93-0.96-0.91-0.96-0.85-0.62-0.951.0-0.98
0.940.90.450.830.940.80.990.890.870.02-0.970.930.080.90.80.770.930.940.99-0.960.90.530.99-0.950.94
0.871.00.520.890.860.690.871.00.880.13-0.930.98-0.021.00.810.790.830.920.9-0.850.90.520.86-0.830.86
0.750.520.850.710.720.630.580.490.22-0.69-0.410.590.750.50.40.430.760.640.46-0.620.530.520.48-0.60.72
0.930.860.420.80.930.780.980.850.870.01-0.960.890.10.860.790.770.920.930.99-0.950.990.860.48-0.940.93
-0.94-0.83-0.41-0.73-0.97-0.74-0.98-0.81-0.750.050.88-0.84-0.14-0.81-0.64-0.62-0.91-0.95-0.911.0-0.95-0.83-0.6-0.94-0.97
0.990.860.560.821.00.820.970.840.71-0.21-0.870.890.310.850.730.730.970.980.89-0.980.940.860.720.93-0.97
Click cells to compare fundamentals

Relay Therapeutics Account Relationship Matchups

Relay Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets799.8M1.0B1.1B844.0M970.6M838.5M
Short Long Term Debt Total24.4M22.9M57.7M53.5M61.5M33.6M
Other Current Liab4.2M12.1M44.6M1.2M1.4M1.3M
Total Current Liabilities13.6M24.3M63.7M30.3M34.8M27.6M
Total Stockholder Equity763.3M897.8M950.2M752.0M864.8M563.2M
Other Liab156K3K65.3M32.4M37.2M21.6M
Net Tangible Assets(180.4M)763.3M895.5M947.9M1.1B1.1B
Property Plant And Equipment Net28.8M27.3M75.4M68.9M79.2M43.2M
Current Deferred Revenue3.4M5.6M248K14.9M17.1M18.0M
Net Debt(423.2M)(935.2M)(941.2M)(90.3M)(81.2M)(85.3M)
Retained Earnings(404.2M)(768.1M)(1.1B)(1.4B)(1.3B)(1.2B)
Accounts Payable6.4M8.3M10.6M9.2M10.6M8.5M
Cash447.6M958.1M998.9M143.7M165.3M157.0M
Non Current Assets Total29.7M32.2M80.3M73.9M85.0M46.4M
Cash And Short Term Investments678.1M958.1M998.9M750.1M862.6M763.1M
Common Stock Total Equity4K90K109K121K139.2K71.9K
Common Stock Shares Outstanding42.6M95.1M112.2M122.6M141.0M148.0M
Short Term Investments230.4M678.0M847.1M606.4M697.3M490.5M
Liabilities And Stockholders Equity799.8M1.0B1.1B844.0M970.6M838.5M
Non Current Liabilities Total22.9M86.3M85.8M61.7M55.5M52.8M
Capital Surpluse8.7M1.2B1.7B2.0B2.3B2.4B
Capital Lease Obligations24.4M22.9M57.7M53.5M61.5M33.6M
Other Current Assets9.4M13.2M15.4M3.3M3.8M3.6M
Other Stockholder Equity1.2B1.7B2.0B2.2B2.5B2.6B
Total Liab36.5M110.6M149.6M92.0M82.8M78.6M
Net Invested Capital763.3M897.8M950.2M752.0M864.8M563.2M
Property Plant And Equipment Gross28.8M41.7M93.8M92.5M106.3M53.5M
Total Current Assets770.1M976.2M1.0B770.1M885.6M792.1M
Accumulated Other Comprehensive Income64K(1.1M)(10.4M)(196K)(176.4K)(185.2K)
Capital Stock90K109K121K127K146.1K83.2K
Non Current Liabilities Other22.9M86.3M32.4M13.2M15.2M28.5M
Net Working Capital756.5M951.9M955.8M739.8M850.8M764.5M
Short Term Debt3.0M3.7M8.6M5.0M5.7M4.0M
Common Stock90K109K121K127K146.1K83.2K
Property Plant Equipment31.7M28.8M6.5M11.6M10.5M13.2M

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