Tectonic Net Invested Capital vs Capital Lease Obligations 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, Net Invested Capital and its Capital Lease Obligations 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.
Net Invested Capital vs Capital Lease Obligations
Net Invested Capital vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Therapeutic, Net Invested Capital account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Tectonic Therapeutic,'s Net Invested Capital and Capital Lease Obligations is -0.95. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Lease Obligations 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 Net Invested Capital and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Tectonic Therapeutic, are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Invested Capital i.e., Tectonic Therapeutic,'s Net Invested Capital and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Capital Lease Obligations
Tectonic Therapeutic, capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Tectonic Therapeutic, asset purchases. For example, Tectonic Therapeutic, can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Tectonic Therapeutic, control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Expenses | 117.4M | 101.3M | 44.6M | 76.5M | Cost Of Revenue | 1.4M | 4.2M | 617K | 586.2K |
Tectonic Therapeutic, fundamental ratios Correlations
Click cells to compare fundamentals
Tectonic Therapeutic, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'s 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 Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.