Connect Historical Balance Sheet
CNTB Stock | USD 0.68 0.08 10.53% |
Trend analysis of Connect Biopharma Holdings balance sheet accounts such as Total Current Liabilities of 17.9 M, Net Tangible Assets of 2.1 B or Accounts Payable of 8.3 M provides information on Connect Biopharma's total assets, liabilities, and equity, which is the actual value of Connect Biopharma to its prevalent stockholders. By breaking down trends over time using Connect Biopharma balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Connect Biopharma latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Connect Biopharma is a good buy for the upcoming year.
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About Connect Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Connect Biopharma at a specified time, usually calculated after every quarter, six months, or one year. Connect Biopharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Connect Biopharma and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Connect currently owns. An asset can also be divided into two categories, current and non-current.
Connect Biopharma Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Connect Biopharma balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Connect Biopharma Holdings 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.Accounts Payable
An accounting item on the balance sheet that represents Connect Biopharma obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Connect Biopharma are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Connect Biopharma's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Connect Biopharma current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Connect Biopharma Holdings. 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. At present, Connect Biopharma's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 8.3 M, whereas Other Current Liabilities is forecasted to decline to about 3.3 M.
2022 | 2023 | 2024 | 2025 (projected) | Total Current Liabilities | 15.9M | 24.3M | 27.9M | 17.9M | Other Current Liabilities | 3.5M | 3.0M | 3.4M | 3.3M |
Connect Biopharma balance sheet Correlations
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Connect Biopharma Account Relationship Matchups
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Connect Biopharma balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Other Current Liab | 1.9M | 5.2M | 3.5M | 3.0M | 3.4M | 3.3M | |
Total Current Liabilities | 5.8M | 18.0M | 15.9M | 24.3M | 27.9M | 17.9M | |
Retained Earnings | (164.1M) | (373.4M) | (463.8M) | (539.3M) | (485.4M) | (509.7M) | |
Accounts Payable | 3.8M | 12.7M | 11.9M | 7.7M | 6.9M | 8.3M | |
Net Receivables | 265.2K | 7.4M | 235.9K | 51K | 58.7K | 55.7K | |
Other Stockholder Equity | 7.4M | 628.8M | 7.2M | 628.5M | 722.8M | 758.9M | |
Total Current Assets | 161.9M | 275.4M | 158.5M | 121.0M | 108.9M | 203.4M | |
Common Stock | 3.7K | 10.4K | 9.6K | 10K | 9K | 10.1K | |
Total Assets | 166.2M | 291.4M | 177.0M | 125.9M | 113.3M | 181.3M | |
Short Long Term Debt Total | 139.9K | 124.5K | 437.9K | 465K | 418.5K | 327.9K | |
Total Stockholder Equity | (157.0M) | 272.6M | (463.8M) | 101.0M | 116.2M | 122.0M | |
Property Plant And Equipment Net | 2.7M | 12.9M | 5.5M | 4.7M | 5.4M | 6.4M | |
Net Debt | (154.6M) | (267.9M) | (79.9M) | (105.5M) | (121.4M) | (127.4M) | |
Cash | 154.7M | 268.0M | 80.4M | 106.0M | 95.4M | 146.9M | |
Non Current Assets Total | 4.3M | 15.9M | 18.5M | 4.9M | 5.7M | 5.4M | |
Non Currrent Assets Other | 1.6M | 3.0M | 34.6K | 132K | 118.8K | 112.9K | |
Cash And Short Term Investments | 156.7M | 268.0M | 164.6M | 118.7M | 106.8M | 167.6M | |
Common Stock Shares Outstanding | 53.9M | 52.3M | 55.0M | 55.1M | 49.6M | 43.5M | |
Short Term Investments | 2.0M | 677.1 | 74.7M | 12.6M | 14.5M | 26.4M | |
Liabilities And Stockholders Equity | 166.2M | 291.4M | (447.0M) | 125.9M | 113.3M | 81.5M | |
Non Current Liabilities Total | 317.4M | 810.7K | 911.8K | 585K | 526.5K | 500.2K | |
Capital Lease Obligations | 913K | 793K | 3.0M | 465K | 534.8K | 508.0K | |
Inventory | 4.9M | (6.7K) | (6.4M) | (14.0M) | (12.6M) | (11.9M) | |
Other Current Assets | 4.9M | 7.4M | 3.1M | 2.3M | 2.6M | 3.9M | |
Total Liab | 323.2M | 18.8M | 16.8M | 24.8M | 22.4M | 21.2M | |
Net Invested Capital | (1.0B) | 1.7B | 1.1B | 101.0M | 116.2M | 110.4M | |
Property Plant And Equipment Gross | 20.2M | 82.2M | 51.5M | 7.8M | 9.0M | 8.5M | |
Accumulated Other Comprehensive Income | (259.4K) | (6.5M) | 10.4M | 11.9M | 13.6M | 14.3M | |
Net Working Capital | 1.0B | 1.6B | 976.1M | 96.7M | 87.0M | 82.7M | |
Short Term Debt | 185.0K | 99K | 186K | 285K | 256.5K | 186.7K |
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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 Connect Biopharma. If investors know Connect 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 Connect Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connect Biopharma is measured differently than its book value, which is the value of Connect that is recorded on the company's balance sheet. Investors also form their own opinion of Connect Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Connect Biopharma's 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 Connect Biopharma's market value can be influenced by many factors that don't directly affect Connect Biopharma's 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 Connect Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connect Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connect Biopharma's 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.