Shattuck Total Current Liabilities vs Net Tangible 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 Total Current Liabilities and its Net Tangible 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.

Total Current Liabilities vs Net Tangible Assets

Total Current Liabilities vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shattuck Labs Total Current Liabilities account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shattuck Labs' Total Current Liabilities and Net Tangible Assets is -0.25. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Tangible 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' Total Current Liabilities and Net Tangible 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 Total Current Liabilities of Shattuck Labs are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Liabilities i.e., Shattuck Labs' Total Current Liabilities and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Shattuck Labs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shattuck Labs are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 Amortization1.4M3.1M4.0M4.2M
Interest Income625K1.6M4.7M4.9M

Shattuck Labs fundamental ratios Correlations

0.81-0.130.990.020.970.53-0.77-0.86-0.550.490.870.510.450.531.00.880.750.82-0.830.890.88-0.810.990.471.0
0.810.030.86-0.480.860.9-0.94-0.6-0.780.720.610.890.770.530.750.920.820.63-0.950.910.92-0.90.860.740.78
-0.130.03-0.17-0.06-0.25-0.090.250.590.50.61-0.56-0.11-0.340.39-0.14-0.31-0.290.350.260.15-0.30.39-0.17-0.45-0.13
0.990.86-0.17-0.060.990.61-0.83-0.87-0.630.510.880.60.520.530.980.930.790.79-0.880.90.93-0.861.00.550.99
0.02-0.48-0.06-0.06-0.1-0.690.54-0.050.61-0.440.1-0.68-0.61-0.320.1-0.29-0.250.240.48-0.34-0.310.46-0.06-0.70.07
0.970.86-0.250.99-0.10.65-0.86-0.9-0.680.470.910.640.570.50.960.960.810.74-0.910.880.96-0.890.990.60.96
0.530.9-0.090.61-0.690.65-0.89-0.43-0.870.560.431.00.910.280.440.820.710.28-0.870.670.83-0.840.610.870.48
-0.77-0.940.25-0.830.54-0.86-0.890.70.92-0.54-0.68-0.88-0.84-0.44-0.72-0.94-0.9-0.440.99-0.83-0.930.98-0.83-0.88-0.74
-0.86-0.60.59-0.87-0.05-0.9-0.430.70.65-0.07-0.98-0.42-0.49-0.25-0.87-0.83-0.66-0.480.78-0.64-0.840.82-0.87-0.57-0.86
-0.55-0.780.5-0.630.61-0.68-0.870.920.65-0.22-0.6-0.88-0.95-0.12-0.49-0.82-0.77-0.080.9-0.57-0.830.93-0.63-0.99-0.51
0.490.720.610.51-0.440.470.56-0.54-0.07-0.220.110.520.220.840.440.470.460.69-0.510.790.47-0.40.510.220.47
0.870.61-0.560.880.10.910.43-0.68-0.98-0.60.110.440.440.270.870.850.650.54-0.750.640.85-0.790.880.510.87
0.510.89-0.110.6-0.680.641.0-0.88-0.42-0.880.520.440.920.240.430.820.70.26-0.860.640.82-0.830.60.870.47
0.450.77-0.340.52-0.610.570.91-0.84-0.49-0.950.220.440.92-0.040.370.740.680.04-0.820.470.75-0.840.520.950.4
0.530.530.390.53-0.320.50.28-0.44-0.25-0.120.840.270.24-0.040.520.410.350.65-0.450.780.41-0.370.530.110.53
1.00.75-0.140.980.10.960.44-0.72-0.87-0.490.440.870.430.370.520.830.710.83-0.780.860.84-0.760.980.41.0
0.880.92-0.310.93-0.290.960.82-0.94-0.83-0.820.470.850.820.740.410.830.850.59-0.960.831.0-0.950.930.760.85
0.750.82-0.290.79-0.250.810.71-0.9-0.66-0.770.460.650.70.680.350.710.850.5-0.850.720.83-0.850.790.690.73
0.820.630.350.790.240.740.28-0.44-0.48-0.080.690.540.260.040.650.830.590.5-0.490.790.58-0.410.79-0.010.83
-0.83-0.950.26-0.880.48-0.91-0.870.990.780.9-0.51-0.75-0.86-0.82-0.45-0.78-0.96-0.85-0.49-0.86-0.970.99-0.88-0.86-0.8
0.890.910.150.9-0.340.880.67-0.83-0.64-0.570.790.640.640.470.780.860.830.720.79-0.860.84-0.80.90.530.88
0.880.92-0.30.93-0.310.960.83-0.93-0.84-0.830.470.850.820.750.410.841.00.830.58-0.970.84-0.960.930.770.86
-0.81-0.90.39-0.860.46-0.89-0.840.980.820.93-0.4-0.79-0.83-0.84-0.37-0.76-0.95-0.85-0.410.99-0.8-0.96-0.86-0.89-0.78
0.990.86-0.171.0-0.060.990.61-0.83-0.87-0.630.510.880.60.520.530.980.930.790.79-0.880.90.93-0.860.550.99
0.470.74-0.450.55-0.70.60.87-0.88-0.57-0.990.220.510.870.950.110.40.760.69-0.01-0.860.530.77-0.890.550.43
1.00.78-0.130.990.070.960.48-0.74-0.86-0.510.470.870.470.40.531.00.850.730.83-0.80.880.86-0.780.990.43
Click cells to compare fundamentals

Shattuck Labs Account Relationship Matchups

Shattuck Labs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.0M349.0M298.6M205.3M159.6M206.4M
Other Current Liab425K7.4M14.6M17.1M9.1M8.9M
Total Current Liabilities20.0M16.8M24.6M25.0M11.5M15.8M
Total Stockholder Equity(34.5M)309.9M271.8M176.2M144.7M157.1M
Net Tangible Assets(34.5M)309.9M271.8M176.2M202.6M156.7M
Property Plant And Equipment Net2.4M3M9.9M17.7M13.8M9.0M
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 Payable3.1M1.8M10.0M7.2M1.6M1.5M
Cash7.0M157.9M92.3M47.4M125.6M84.7M
Non Currrent Assets Other90K349K381K3.1M2.5M2.7M
Other Assets90K349K10.3M434K1.00.95
Cash And Short Term Investments39.1M335.4M268.8M161.3M130.6M182.5M
Common Stock Shares Outstanding41.7M41.8M42.0M42.4M42.6M41.4M
Short Term Investments32.1M177.6M176.5M113.9M5.0M4.7M
Liabilities And Stockholders Equity45.0M349.0M298.6M205.3M159.6M206.4M
Non Current Liabilities Total59.5M22.3M2.2M4.2M3.4M3.2M
Other Current Assets3.4M20.4M38.9M23.3M12.6M19.0M
Other Stockholder Equity(48.2M)382.0M389.4M396.0M451.0M288.0M
Total Liab79.5M39.1M26.8M29.2M14.9M14.1M
Net Invested Capital(34.5M)309.9M271.8M176.2M144.7M157.1M
Property Plant And Equipment Gross2.4M3M9.9M17.7M23.3M24.5M
Total Current Assets42.4M345.6M288.3M184.6M143.2M196.1M
Accumulated Other Comprehensive Income54K(63K)(560K)(877K)4K4.2K
Net Working Capital22.5M328.8M263.7M159.6M131.8M174.4M
Property Plant Equipment2.4M3M9.9M17.7M20.3M21.3M

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When determining whether Shattuck Labs is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shattuck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shattuck Labs Stock. Highlighted below are key reports to facilitate an investment decision about Shattuck Labs Stock:
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.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.