Tectonic Cash And Short Term Investments vs Net Receivables Analysis

TECX Stock   50.56  3.00  6.31%   
Tectonic Therapeutic, financial indicator trend analysis is much more than just breaking down Tectonic Therapeutic, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tectonic Therapeutic, is a good investment. Please check the relationship between Tectonic Therapeutic, Cash And Short Term Investments and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Therapeutic, Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tectonic Therapeutic,'s Cash And Short Term Investments and Net Receivables is 0.96. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tectonic Therapeutic,, assuming nothing else is changed. The correlation between historical values of Tectonic Therapeutic,'s Cash And Short Term Investments and Net Receivables 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 Tectonic Therapeutic, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Tectonic Therapeutic,'s Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Tectonic Therapeutic, balance sheet. This account contains Tectonic Therapeutic, investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Tectonic Therapeutic, 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.

Net Receivables

Most indicators from Tectonic Therapeutic,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tectonic Therapeutic, 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 Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.Selling General Administrative is likely to drop to about 7.1 M in 2024. Issuance Of Capital Stock is likely to drop to about 41.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses117.4M101.3M44.6M76.5M
Cost Of Revenue1.4M4.2M617K586.2K

Tectonic Therapeutic, fundamental ratios Correlations

0.750.81.00.49-0.980.990.990.970.68-0.22-0.720.970.95-0.95-0.620.960.720.060.970.650.650.95-0.950.96-0.95
0.750.470.760.4-0.780.790.760.760.53-0.18-0.650.760.56-0.87-0.610.90.23-0.10.760.580.630.55-0.560.56-0.57
0.80.470.740.83-0.830.740.810.850.91-0.67-0.870.850.89-0.68-0.040.690.390.610.860.730.840.84-0.90.85-0.91
1.00.760.740.42-0.970.990.980.950.62-0.14-0.670.950.92-0.96-0.690.970.75-0.020.950.610.60.94-0.920.94-0.92
0.490.40.830.42-0.620.50.570.660.97-0.96-0.940.660.63-0.50.330.440.00.870.670.890.960.56-0.540.57-0.56
-0.98-0.78-0.83-0.97-0.62-0.99-1.0-1.0-0.790.380.83-1.0-0.950.970.51-0.95-0.64-0.2-1.0-0.78-0.78-0.950.91-0.950.92
0.990.790.740.990.5-0.990.990.980.69-0.24-0.740.980.93-0.99-0.630.970.720.060.980.710.680.94-0.890.94-0.89
0.990.760.810.980.57-1.00.990.990.75-0.31-0.790.990.96-0.97-0.560.950.70.140.990.740.720.96-0.920.96-0.92
0.970.760.850.950.66-1.00.980.990.82-0.42-0.861.00.96-0.96-0.470.940.620.251.00.810.80.95-0.910.95-0.92
0.680.530.910.620.97-0.790.690.750.82-0.86-0.990.820.79-0.680.110.620.210.750.830.930.980.74-0.710.74-0.72
-0.22-0.18-0.67-0.14-0.960.38-0.24-0.31-0.42-0.860.82-0.42-0.410.24-0.58-0.170.22-0.96-0.44-0.78-0.85-0.320.3-0.330.33
-0.72-0.65-0.87-0.67-0.940.83-0.74-0.79-0.86-0.990.82-0.86-0.790.75-0.01-0.7-0.21-0.66-0.86-0.95-0.99-0.740.7-0.740.72
0.970.760.850.950.66-1.00.980.991.00.82-0.42-0.860.96-0.96-0.470.940.620.251.00.810.80.95-0.910.95-0.92
0.950.560.890.920.63-0.950.930.960.960.79-0.41-0.790.96-0.87-0.390.840.740.310.960.740.721.0-0.951.0-0.95
-0.95-0.87-0.68-0.96-0.50.97-0.99-0.97-0.96-0.680.240.75-0.96-0.870.65-0.98-0.63-0.02-0.96-0.73-0.7-0.880.82-0.880.82
-0.62-0.61-0.04-0.690.330.51-0.63-0.56-0.470.11-0.58-0.01-0.47-0.390.65-0.7-0.660.74-0.460.010.08-0.460.44-0.460.42
0.960.90.690.970.44-0.950.970.950.940.62-0.17-0.70.940.84-0.98-0.70.59-0.050.930.630.650.85-0.850.85-0.85
0.720.230.390.750.0-0.640.720.70.620.210.22-0.210.620.74-0.63-0.660.59-0.230.620.280.110.8-0.680.79-0.66
0.06-0.10.61-0.020.87-0.20.060.140.250.75-0.96-0.660.250.31-0.020.74-0.05-0.230.270.620.70.23-0.220.23-0.24
0.970.760.860.950.67-1.00.980.991.00.83-0.44-0.861.00.96-0.96-0.460.930.620.270.810.810.95-0.910.95-0.92
0.650.580.730.610.89-0.780.710.740.810.93-0.78-0.950.810.74-0.730.010.630.280.620.810.940.7-0.570.71-0.59
0.650.630.840.60.96-0.780.680.720.80.98-0.85-0.990.80.72-0.70.080.650.110.70.810.940.66-0.640.67-0.66
0.950.550.840.940.56-0.950.940.960.950.74-0.32-0.740.951.0-0.88-0.460.850.80.230.950.70.66-0.951.0-0.95
-0.95-0.56-0.9-0.92-0.540.91-0.89-0.92-0.91-0.710.30.7-0.91-0.950.820.44-0.85-0.68-0.22-0.91-0.57-0.64-0.95-0.951.0
0.960.560.850.940.57-0.950.940.960.950.74-0.33-0.740.951.0-0.88-0.460.850.790.230.950.710.671.0-0.95-0.95
-0.95-0.57-0.91-0.92-0.560.92-0.89-0.92-0.92-0.720.330.72-0.92-0.950.820.42-0.85-0.66-0.24-0.92-0.59-0.66-0.951.0-0.95
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Tectonic Therapeutic, Account Relationship Matchups

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