Shattuck Other Current Assets vs Total Assets Analysis
STTK Stock | USD 1.10 0.01 0.92% |
Shattuck Labs financial indicator trend analysis is much more than just breaking down Shattuck Labs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shattuck Labs is a good investment. Please check the relationship between Shattuck Labs Other Current Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. 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 Shattuck Stock please use our How to buy in Shattuck Stock guide.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shattuck Labs Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shattuck Labs' Other Current Assets and Total Assets is 0.89. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Shattuck Labs, assuming nothing else is changed. The correlation between historical values of Shattuck Labs' Other Current Assets 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 Other Current Assets of Shattuck Labs 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 Other Current Assets i.e., Shattuck Labs' Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Assets
Total assets refers to the total amount of Shattuck Labs 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 Shattuck Labs 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 Shattuck Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shattuck Labs 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 Shattuck Labs. 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 Shattuck Stock please use our How to buy in Shattuck Stock guide.The value of Selling General Administrative is expected to slide to about 14.3 M. The value of Issuance Of Capital Stock is estimated to slide to about 45.8 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 3.1M | 4.0M | 4.2M | Interest Income | 625K | 1.6M | 4.7M | 4.9M |
Shattuck Labs fundamental ratios Correlations
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Shattuck Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shattuck Labs fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
Other Current Liab | 425K | 7.4M | 14.6M | 17.1M | 9.1M | 8.9M | |
Total Current Liabilities | 20.0M | 16.8M | 24.6M | 25.0M | 11.5M | 15.8M | |
Total Stockholder Equity | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
Net Tangible Assets | (34.5M) | 309.9M | 271.8M | 176.2M | 202.6M | 156.7M | |
Property Plant And Equipment Net | 2.4M | 3M | 9.9M | 17.7M | 13.8M | 9.0M | |
Net Debt | (7.0M) | (157.9M) | (92.3M) | (43.2M) | (121.4M) | (115.4M) | |
Retained Earnings | (35.5M) | (72.1M) | (117.1M) | (219.0M) | (306.3M) | (291.0M) | |
Accounts Payable | 3.1M | 1.8M | 10.0M | 7.2M | 1.6M | 1.5M | |
Cash | 7.0M | 157.9M | 92.3M | 47.4M | 125.6M | 84.7M | |
Non Currrent Assets Other | 90K | 349K | 381K | 3.1M | 2.5M | 2.7M | |
Other Assets | 90K | 349K | 10.3M | 434K | 1.0 | 0.95 | |
Cash And Short Term Investments | 39.1M | 335.4M | 268.8M | 161.3M | 130.6M | 182.5M | |
Common Stock Shares Outstanding | 41.7M | 41.8M | 42.0M | 42.4M | 42.6M | 41.4M | |
Short Term Investments | 32.1M | 177.6M | 176.5M | 113.9M | 5.0M | 4.7M | |
Liabilities And Stockholders Equity | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
Non Current Liabilities Total | 59.5M | 22.3M | 2.2M | 4.2M | 3.4M | 3.2M | |
Other Current Assets | 3.4M | 20.4M | 38.9M | 23.3M | 12.6M | 19.0M | |
Other Stockholder Equity | (48.2M) | 382.0M | 389.4M | 396.0M | 451.0M | 288.0M | |
Total Liab | 79.5M | 39.1M | 26.8M | 29.2M | 14.9M | 14.1M | |
Net Invested Capital | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
Property Plant And Equipment Gross | 2.4M | 3M | 9.9M | 17.7M | 23.3M | 24.5M | |
Total Current Assets | 42.4M | 345.6M | 288.3M | 184.6M | 143.2M | 196.1M | |
Accumulated Other Comprehensive Income | 54K | (63K) | (560K) | (877K) | 4K | 4.2K | |
Net Working Capital | 22.5M | 328.8M | 263.7M | 159.6M | 131.8M | 174.4M | |
Property Plant Equipment | 2.4M | 3M | 9.9M | 17.7M | 20.3M | 21.3M |
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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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.