YMAB Other Current Assets vs Total Current Liabilities Analysis

YMAB Stock  USD 6.16  0.02  0.32%   
Y MAbs financial indicator trend analysis is more than just analyzing Y mAbs Therapeutics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Y mAbs Therapeutics is a good investment. Please check the relationship between Y MAbs Other Current Assets and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Y mAbs 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 nation.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Y mAbs Therapeutics Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Y MAbs' Other Current Assets and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Y mAbs Therapeutics, assuming nothing else is changed. The correlation between historical values of Y MAbs' Other Current Assets and Total Current Liabilities 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 Y mAbs Therapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Y MAbs' Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery 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 Current Liabilities

Total Current Liabilities is an item on Y MAbs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Y mAbs Therapeutics 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.
Most indicators from Y MAbs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Y mAbs 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Y mAbs 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 nation.
The current year's Tax Provision is expected to grow to about 677.4 K, whereas Selling General Administrative is forecasted to decline to about 33.2 M.
 2024 2025 (projected)
Depreciation And Amortization845.3K540.3K
Interest Income687.7K979.4K

Y MAbs fundamental ratios Correlations

0.710.831.00.461.0-0.94-0.730.860.970.970.910.550.820.620.850.890.840.821.00.910.43-0.270.830.780.75
0.710.890.650.630.66-0.42-0.970.730.550.550.860.90.820.810.890.790.920.90.660.870.24-0.640.290.190.57
0.830.890.770.70.78-0.65-0.940.930.70.70.930.860.80.790.960.930.960.990.80.930.46-0.30.50.410.75
1.00.650.770.391.0-0.95-0.660.820.990.990.870.480.790.560.80.850.790.761.00.870.42-0.260.860.820.73
0.460.630.70.390.4-0.28-0.720.570.340.340.690.710.590.850.690.80.690.750.420.690.14-0.290.090.020.74
1.00.660.781.00.4-0.95-0.670.820.980.980.880.490.80.580.810.850.80.761.00.880.41-0.270.850.80.72
-0.94-0.42-0.65-0.95-0.28-0.950.47-0.77-0.97-0.97-0.74-0.27-0.63-0.38-0.67-0.76-0.64-0.63-0.95-0.74-0.45-0.01-0.92-0.9-0.69
-0.73-0.97-0.94-0.66-0.72-0.670.47-0.79-0.57-0.57-0.9-0.91-0.79-0.86-0.94-0.86-0.96-0.96-0.68-0.9-0.260.46-0.33-0.23-0.65
0.860.730.930.820.570.82-0.77-0.790.810.810.840.650.690.560.840.880.830.890.850.840.52-0.220.640.570.79
0.970.550.70.990.340.98-0.97-0.570.811.00.80.360.710.450.710.80.70.680.990.80.43-0.210.890.860.73
0.970.550.70.990.340.98-0.97-0.570.811.00.80.360.710.450.710.80.70.680.990.80.43-0.210.890.860.73
0.910.860.930.870.690.88-0.74-0.90.840.80.80.810.920.860.970.930.970.940.881.00.27-0.350.560.480.74
0.550.90.860.480.710.49-0.27-0.910.650.360.360.810.740.890.870.740.890.890.50.810.29-0.460.150.050.57
0.820.820.80.790.590.8-0.63-0.790.690.710.710.920.740.780.860.790.880.820.790.930.14-0.510.40.330.53
0.620.810.790.560.850.58-0.38-0.860.560.450.450.860.890.780.870.830.880.850.570.850.17-0.370.240.140.66
0.850.890.960.80.690.81-0.67-0.940.840.710.710.970.870.860.870.921.00.980.810.960.36-0.280.520.430.69
0.890.790.930.850.80.85-0.76-0.860.880.80.80.930.740.790.830.920.910.940.860.930.44-0.280.620.550.88
0.840.920.960.790.690.8-0.64-0.960.830.70.70.970.890.880.881.00.910.980.80.970.32-0.350.490.390.68
0.820.90.990.760.750.76-0.63-0.960.890.680.680.940.890.820.850.980.940.980.780.940.43-0.320.470.380.76
1.00.660.81.00.421.0-0.95-0.680.850.990.990.880.50.790.570.810.860.80.780.880.43-0.260.850.810.75
0.910.870.930.870.690.88-0.74-0.90.840.80.81.00.810.930.850.960.930.970.940.880.27-0.390.550.470.75
0.430.240.460.420.140.41-0.45-0.260.520.430.430.270.290.140.170.360.440.320.430.430.270.10.540.520.52
-0.27-0.64-0.3-0.26-0.29-0.27-0.010.46-0.22-0.21-0.21-0.35-0.46-0.51-0.37-0.28-0.28-0.35-0.32-0.26-0.390.10.050.09-0.24
0.830.290.50.860.090.85-0.92-0.330.640.890.890.560.150.40.240.520.620.490.470.850.550.540.050.990.64
0.780.190.410.820.020.8-0.9-0.230.570.860.860.480.050.330.140.430.550.390.380.810.470.520.090.990.59
0.750.570.750.730.740.72-0.69-0.650.790.730.730.740.570.530.660.690.880.680.760.750.750.52-0.240.640.59
Click cells to compare fundamentals

Y MAbs Account Relationship Matchups

Y MAbs fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets132.0M212.8M141.5M127.9M147.0M150.1M
Other Current Liab6.2M10.8M12.4M13.2M15.1M15.9M
Total Current Liabilities19.5M27.9M28.3M20.1M23.1M17.8M
Total Stockholder Equity105.8M180.1M109.2M101.0M116.1M127.8M
Other Liab2.2M4.7M3.0M3.1M3.5M3.0M
Net Tangible Assets198.9M105.8M178.4M106.2M122.2M129.5M
Net Debt(110.7M)(177.9M)(104.0M)(77.2M)(69.5M)(73.0M)
Retained Earnings(285.2M)(340.5M)(436.0M)(457.5M)(411.7M)(391.1M)
Accounts Payable9.4M13.6M14.2M6.1M7.0M9.0M
Cash114.6M181.6M105.8M78.6M90.4M129.7M
Non Current Assets Total9.7M10.5M11.0M16.8M19.3M20.2M
Non Currrent Assets Other3.3M3.2M5.7M12.5M14.4M15.1M
Cash And Short Term Investments114.6M181.6M105.8M78.6M90.4M129.7M
Common Stock Shares Outstanding40.1M43.2M43.7M43.6M50.2M41.4M
Liabilities And Stockholders Equity132.0M212.8M141.5M127.9M147.0M150.1M
Non Current Liabilities Total6.7M4.8M4.0M6.8M7.8M4.5M
Capital Surpluse225.4M364.7M391.6M519.2M597.1M304.2M
Other Current Assets7.7M7.5M5.5M5.0M5.7M4.9M
Other Stockholder Equity391.6M519.2M543.9M558.0M641.7M379.6M
Total Liab26.2M32.7M32.2M26.9M30.9M22.3M
Total Current Assets122.4M202.3M130.4M111.1M127.8M142.8M
Accumulated Other Comprehensive Income(526K)1.4M1.3M449K516.4K349.7K
Other Assets7.9M206.9M5.7M1.01.151.09
Net Invested Capital105.8M180.1M109.2M101.0M90.9M104.9M
Net Working Capital102.8M174.4M102.2M91.0M81.9M102.2M
Property Plant And Equipment Net6.4M5.7M2.3M1.6M1.9M3.7M
Property Plant And Equipment Gross6.4M5.7M2.3M1.6M1.9M3.7M
Non Current Liabilities Other6.7M4.8M802K864K993.6K943.9K
Property Plant Equipment4.0M1.8M5.7M2.3M2.7M3.1M
Short Long Term Debt Total4.0M3.6M1.8M1.4M1.3M2.1M
Capital Lease Obligations4.0M3.6M1.8M1.4M1.3M2.1M
Short Term Debt3.9M3.6M1.7M902K811.8K771.2K

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When determining whether Y mAbs Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Y MAbs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Y Mabs Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Y Mabs Therapeutics Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Y mAbs 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 nation.
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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 Y MAbs. If investors know YMAB 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 Y MAbs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.921
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.12)
Return On Equity
(0.25)
The market value of Y mAbs Therapeutics is measured differently than its book value, which is the value of YMAB that is recorded on the company's balance sheet. Investors also form their own opinion of Y MAbs' value that differs from its market value or its book value, called intrinsic value, which is Y MAbs' 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 Y MAbs' market value can be influenced by many factors that don't directly affect Y MAbs' 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 Y MAbs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Y MAbs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Y MAbs' 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.