Tscan Cash And Short Term Investments vs Non Currrent Assets Other Analysis
TCRX Stock | USD 4.77 0.13 2.80% |
Tscan Therapeutics financial indicator trend analysis is much more than just breaking down Tscan Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tscan Therapeutics is a good investment. Please check the relationship between Tscan Therapeutics Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tscan 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 Tscan Stock please use our How to Invest in Tscan Therapeutics guide.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tscan Therapeutics Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have totally related.
The correlation between Tscan Therapeutics' Cash And Short Term Investments and Non Currrent Assets Other is 0.99. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Tscan Therapeutics, assuming nothing else is changed. The correlation between historical values of Tscan Therapeutics' Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Tscan Therapeutics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Tscan Therapeutics' Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Tscan Therapeutics balance sheet. This account contains Tscan Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tscan Therapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Tscan Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tscan 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tscan 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 Tscan Stock please use our How to Invest in Tscan Therapeutics guide.At this time, Tscan Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 358.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 17K | 1.6M | 6.3M | 6.6M | Net Interest Income | 16K | 415K | 2.4M | 2.5M |
Tscan Therapeutics fundamental ratios Correlations
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Tscan Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Tscan Therapeutics' price analysis, check to measure Tscan Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tscan Therapeutics is operating at the current time. Most of Tscan Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tscan Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tscan Therapeutics' price. Additionally, you may evaluate how the addition of Tscan Therapeutics to your portfolios can decrease your overall portfolio volatility.