Sana Accounts Payable vs Total Current Assets Analysis
SANA Stock | USD 2.78 0.23 9.02% |
Sana Biotechnology financial indicator trend analysis is much more than just breaking down Sana Biotechnology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sana Biotechnology is a good investment. Please check the relationship between Sana Biotechnology Accounts Payable and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sana Biotechnology Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sana Biotechnology's Accounts Payable and Total Current Assets is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Sana Biotechnology, assuming nothing else is changed. The correlation between historical values of Sana Biotechnology's Accounts Payable and Total Current 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 Accounts Payable of Sana Biotechnology are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Sana Biotechnology's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Sana Biotechnology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sana Biotechnology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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.Most indicators from Sana Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sana Biotechnology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.As of November 29, 2024, Selling General Administrative is expected to decline to about 46.5 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 30.1 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 356.9M | 272.6M | 294.9M | 249.3M | Cost Of Revenue | 17.9M | 27.7M | 30.9M | 16.6M |
Sana Biotechnology fundamental ratios Correlations
Click cells to compare fundamentals
Sana Biotechnology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sana Biotechnology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 415.7M | 730.3M | 1.1B | 822.7M | 565.3M | 677.9M | |
Other Current Liab | 18.0M | 21.8M | 78.7M | 83.9M | 47.2M | 46.0M | |
Total Current Liabilities | 19.8M | 31.5M | 99.2M | 111.5M | 64.5M | 60.2M | |
Total Stockholder Equity | (142.5M) | (421.2M) | 728.5M | 499.3M | 287.5M | 172.0M | |
Other Liab | 74.7M | 198.9M | 199.9M | 116.0M | 133.4M | 129.7M | |
Net Tangible Assets | (342.4M) | (621.0M) | 528.7M | 299.5M | 344.4M | 361.6M | |
Property Plant And Equipment Net | 69.3M | 109.9M | 161.8M | 159.4M | 145.6M | 118.5M | |
Net Debt | (31.8M) | (340.1M) | (142.1M) | (68.5M) | (29.4M) | (30.9M) | |
Retained Earnings | (144.1M) | (429.4M) | (785.4M) | (1.1B) | (1.3B) | (1.3B) | |
Accounts Payable | 0.0 | 2.3M | 2.2M | 2.9M | 4.1M | 2.1M | |
Cash | 80.0M | 412.0M | 253.0M | 176.8M | 133.5M | 199.1M | |
Non Current Assets Total | 271.4M | 345.8M | 571.3M | 378.3M | 351.8M | 352.1M | |
Non Currrent Assets Other | 2.3M | 2.3M | 13.8M | 9.0M | 6.4M | 6.3M | |
Other Assets | 2.3M | 2.3M | 13.8M | 9.0M | 10.4M | 6.3M | |
Cash And Short Term Investments | 139.0M | 412.0M | 746.9M | 434.0M | 205.2M | 360.7M | |
Short Term Investments | 59.0M | 253.5M | 298.0M | 247.2M | 71.7M | 68.1M | |
Liabilities And Stockholders Equity | 415.7M | 730.3M | 1.1B | 822.7M | 565.3M | 677.9M | |
Non Current Liabilities Total | 538.4M | 1.1B | 301.7M | 211.9M | 213.3M | 324.1M | |
Capital Lease Obligations | 48.2M | 71.9M | 110.9M | 108.3M | 104.1M | 81.3M | |
Other Current Assets | 5.3M | 12.4M | 14.2M | 20.5M | 8.3M | 11.5M | |
Other Stockholder Equity | (415.8M) | 852.9M | 1.5B | 1.6B | 1.6B | 941.7M | |
Total Liab | 558.2M | 1.2B | 400.9M | 323.4M | 277.8M | 367.9M | |
Net Invested Capital | (142.5M) | (421.2M) | 728.5M | 499.3M | 287.5M | 172.0M | |
Property Plant And Equipment Gross | 69.3M | 109.9M | 180.6M | 193.4M | 187.4M | 135.9M | |
Total Current Assets | 144.3M | 384.5M | 558.1M | 444.4M | 213.5M | 325.9M | |
Accumulated Other Comprehensive Income | 26K | 30K | (1.4M) | (4.3M) | (60K) | (63K) | |
Capital Stock | 1K | 2K | 18K | 19K | 20K | 11K | |
Non Current Liabilities Other | 74.7M | 198.9M | 301.7M | 211.9M | 122.4M | 166.8M | |
Net Working Capital | 124.4M | 353.0M | 458.9M | 332.9M | 149.0M | 265.7M | |
Property Plant Equipment | 68.8M | 109.9M | 65.5M | 66.9M | 77.0M | 68.6M |
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.When determining whether Sana Biotechnology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sana Biotechnology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sana Biotechnology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sana Biotechnology Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sana Biotechnology. If investors know Sana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sana Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Return On Assets (0.31) | Return On Equity (0.93) |
The market value of Sana Biotechnology is measured differently than its book value, which is the value of Sana that is recorded on the company's balance sheet. Investors also form their own opinion of Sana Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Sana Biotechnology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sana Biotechnology's market value can be influenced by many factors that don't directly affect Sana Biotechnology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sana Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sana Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sana Biotechnology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.