Crinetics Accounts Payable vs Net Debt Analysis

CRNX Stock

USD 46.86 0.61 1.29%

Crinetics Pharmaceuticals financial indicator trend analysis is way more than just evaluating Crinetics Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crinetics Pharmaceuticals is a good investment. Please check the relationship between Crinetics Pharmaceuticals Accounts Payable and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crinetics Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crinetics Pharmaceuticals Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Crinetics Pharmaceuticals' Accounts Payable and Net Debt is -0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Crinetics Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Crinetics Pharmaceuticals' Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Crinetics Pharmaceuticals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Crinetics Pharmaceuticals' Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Crinetics Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crinetics Pharmaceuticals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Crinetics Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.Selling General Administrative is likely to rise to about 61 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 188.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	157K	4.3M	13.4M	14.1M
Net Interest Income	157K	4.3M	13.4M	14.1M

Interest Income Net Interest Income

Crinetics Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.87	0.97	0.99	0.5	0.88	0.95	0.9	-0.17	-0.98	0.77	0.52	0.91	0.91	0.17	-0.81	1.0	0.95	0.88	0.84	-0.81	0.56	0.83	0.88	0.66	-0.92
Short Long Term Debt Total	0.87		0.92	0.89	0.85	0.81	0.69	1.0	0.2	-0.85	0.43	0.2	1.0	0.98	-0.16	-0.94	0.85	0.98	0.64	0.59	-0.94	0.85	0.58	0.7	0.43	-0.63
Other Current Liab	0.97	0.92		0.99	0.6	0.95	0.88	0.94	0.06	-0.98	0.63	0.31	0.94	0.92	0.09	-0.86	0.96	0.97	0.8	0.8	-0.86	0.68	0.73	0.86	0.65	-0.85
Total Current Liabilities	0.99	0.89	0.99		0.53	0.92	0.92	0.91	-0.03	-0.99	0.72	0.39	0.92	0.89	0.16	-0.83	0.98	0.96	0.86	0.85	-0.83	0.62	0.79	0.88	0.7	-0.9
Total Stockholder Equity	0.5	0.85	0.6	0.53		0.5	0.24	0.83	0.48	-0.47	-0.06	-0.14	0.81	0.81	-0.53	-0.83	0.47	0.73	0.19	0.14	-0.83	0.91	0.14	0.34	0.0	-0.13
Other Liab	0.88	0.81	0.95	0.92	0.5		0.8	0.82	0.21	-0.89	0.5	0.11	0.83	0.8	0.11	-0.76	0.87	0.87	0.66	0.73	-0.76	0.6	0.68	0.78	0.64	-0.79
Net Tangible Assets	0.95	0.69	0.88	0.92	0.24	0.8		0.73	-0.39	-0.93	0.89	0.67	0.74	0.76	0.36	-0.63	0.97	0.82	0.93	0.88	-0.63	0.29	0.92	0.85	0.72	-0.98
Property Plant And Equipment Net	0.9	1.0	0.94	0.91	0.83	0.82	0.73		0.17	-0.88	0.47	0.22	1.0	0.98	-0.13	-0.94	0.88	0.99	0.68	0.63	-0.94	0.83	0.61	0.73	0.48	-0.66
Net Debt	-0.17	0.2	0.06	-0.03	0.48	0.21	-0.39	0.17		0.09	-0.6	-0.92	0.16	0.05	-0.42	-0.23	-0.2	0.07	-0.4	-0.27	-0.23	0.51	-0.41	-0.2	-0.1	0.38
Retained Earnings	-0.98	-0.85	-0.98	-0.99	-0.47	-0.89	-0.93	-0.88	0.09		-0.76	-0.43	-0.89	-0.86	-0.2	0.78	-0.98	-0.93	-0.89	-0.9	0.78	-0.59	-0.77	-0.9	-0.72	0.93
Accounts Payable	0.77	0.43	0.63	0.72	-0.06	0.5	0.89	0.47	-0.6	-0.76		0.77	0.49	0.48	0.55	-0.32	0.79	0.58	0.94	0.88	-0.32	0.0	0.88	0.68	0.78	-0.91
Cash	0.52	0.2	0.31	0.39	-0.14	0.11	0.67	0.22	-0.92	-0.43	0.77		0.24	0.34	0.35	-0.16	0.54	0.32	0.66	0.5	-0.16	-0.17	0.64	0.48	0.27	-0.63
Non Current Assets Total	0.91	1.0	0.94	0.92	0.81	0.83	0.74	1.0	0.16	-0.89	0.49	0.24		0.98	-0.11	-0.94	0.89	0.99	0.7	0.65	-0.94	0.82	0.62	0.74	0.49	-0.68
Non Currrent Assets Other	0.91	0.98	0.92	0.89	0.81	0.8	0.76	0.98	0.05	-0.86	0.48	0.34	0.98		-0.19	-0.92	0.89	0.97	0.65	0.6	-0.92	0.78	0.63	0.75	0.37	-0.67
Other Assets	0.17	-0.16	0.09	0.16	-0.53	0.11	0.36	-0.13	-0.42	-0.2	0.55	0.35	-0.11	-0.19		0.2	0.19	-0.01	0.51	0.42	0.2	-0.47	0.5	0.01	0.72	-0.44
Long Term Debt	-0.81	-0.94	-0.86	-0.83	-0.83	-0.76	-0.63	-0.94	-0.23	0.78	-0.32	-0.16	-0.94	-0.92	0.2		-0.79	-0.92	-0.58	-0.44	1.0	-0.84	-0.49	-0.67	-0.32	0.55
Cash And Short Term Investments	1.0	0.85	0.96	0.98	0.47	0.87	0.97	0.88	-0.2	-0.98	0.79	0.54	0.89	0.89	0.19	-0.79		0.94	0.89	0.85	-0.79	0.53	0.85	0.88	0.67	-0.93
Net Receivables	0.95	0.98	0.97	0.96	0.73	0.87	0.82	0.99	0.07	-0.93	0.58	0.32	0.99	0.97	-0.01	-0.92	0.94		0.77	0.72	-0.92	0.75	0.71	0.78	0.57	-0.77
Common Stock Total Equity	0.88	0.64	0.8	0.86	0.19	0.66	0.93	0.68	-0.4	-0.89	0.94	0.66	0.7	0.65	0.51	-0.58	0.89	0.77		0.9	-0.58	0.26	0.87	0.75	0.83	-0.94
Common Stock Shares Outstanding	0.84	0.59	0.8	0.85	0.14	0.73	0.88	0.63	-0.27	-0.9	0.88	0.5	0.65	0.6	0.42	-0.44	0.85	0.72	0.9		-0.44	0.29	0.76	0.82	0.82	-0.94
Long Term Debt Total	-0.81	-0.94	-0.86	-0.83	-0.83	-0.76	-0.63	-0.94	-0.23	0.78	-0.32	-0.16	-0.94	-0.92	0.2	1.0	-0.79	-0.92	-0.58	-0.44		-0.84	-0.49	-0.67	-0.32	0.55
Non Current Liabilities Total	0.56	0.85	0.68	0.62	0.91	0.6	0.29	0.83	0.51	-0.59	0.0	-0.17	0.82	0.78	-0.47	-0.84	0.53	0.75	0.26	0.29	-0.84		0.08	0.54	0.08	-0.26
Capital Surpluse	0.83	0.58	0.73	0.79	0.14	0.68	0.92	0.61	-0.41	-0.77	0.88	0.64	0.62	0.63	0.5	-0.49	0.85	0.71	0.87	0.76	-0.49	0.08		0.57	0.79	-0.87
Inventory	0.88	0.7	0.86	0.88	0.34	0.78	0.85	0.73	-0.2	-0.9	0.68	0.48	0.74	0.75	0.01	-0.67	0.88	0.78	0.75	0.82	-0.67	0.54	0.57		0.46	-0.87
Other Current Assets	0.66	0.43	0.65	0.7	0.0	0.64	0.72	0.48	-0.1	-0.72	0.78	0.27	0.49	0.37	0.72	-0.32	0.67	0.57	0.83	0.82	-0.32	0.08	0.79	0.46		-0.79
Other Stockholder Equity	-0.92	-0.63	-0.85	-0.9	-0.13	-0.79	-0.98	-0.66	0.38	0.93	-0.91	-0.63	-0.68	-0.67	-0.44	0.55	-0.93	-0.77	-0.94	-0.94	0.55	-0.26	-0.87	-0.87	-0.79

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Crinetics Pharmaceuticals Account Relationship Matchups

Crinetics Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	130.4M	183.4M	351.0M	352.2M	635.4M	667.1M
Other Current Liab	2.8M	4.9M	7.5M	17.5M	31.2M	32.7M
Total Current Liabilities	8.3M	10.5M	16.0M	27.7M	43.9M	46.1M
Total Stockholder Equity	(93.8M)	(167.6M)	(275.3M)	(439.2M)	539.1M	566.1M
Net Tangible Assets	117.1M	168.9M	331.9M	316.3M	363.8M	382.0M
Property Plant And Equipment Net	6.5M	5.4M	4.7M	5.0M	57.4M	60.3M
Net Debt	(35.5M)	(89.1M)	(197.6M)	(30.6M)	(3.2M)	(3.3M)
Retained Earnings	(93.8M)	(167.6M)	(275.3M)	(439.2M)	(653.7M)	(621.0M)
Accounts Payable	5.5M	5.6M	8.5M	6.9M	6.5M	4.8M
Cash	40.3M	93.1M	200.7M	32.7M	54.9M	67.8M
Non Current Assets Total	7.0M	6.0M	6.3M	7.0M	61.2M	64.3M
Non Currrent Assets Other	82K	40K	568K	37K	2.0M	2.1M
Other Assets	582K	2.8M	568K	2.0M	1.0	0.95
Cash And Short Term Investments	118.4M	170.9M	333.7M	334.4M	558.6M	586.5M
Net Receivables	1.4M	1.8M	2.0M	2.4M	9.4M	9.8M
Common Stock Shares Outstanding	24.2M	30.4M	38.4M	52.0M	58.1M	33.4M
Liabilities And Stockholders Equity	(80.6M)	(153.1M)	(256.2M)	(403.3M)	635.4M	667.1M
Non Current Liabilities Total	4.9M	4.0M	3.1M	8.1M	52.3M	54.9M
Other Current Assets	4.9M	6.6M	912K	8.3M	6.2M	3.9M
Other Stockholder Equity	(210.9M)	(336.5M)	(607.2M)	(755.5M)	(680.0M)	(646.0M)
Total Liab	13.2M	14.5M	19.1M	35.8M	96.2M	101.1M
Property Plant And Equipment Gross	6.5M	3.2M	8.2M	9.1M	62.5M	65.6M
Total Current Assets	123.3M	177.5M	344.7M	345.2M	574.2M	602.9M
Accumulated Other Comprehensive Income	148K	25K	(382K)	(3.9M)	977K	1.0M
Non Current Liabilities Other	202K	4.8M	4.0M	2K	2.3K	2.2K
Common Stock	210.8M	336.5M	607.6M	759.4M	1.2B	1.3B
Property Plant Equipment	6.5M	5.4M	4.7M	5.0M	5.7M	4.2M
Net Invested Capital	117.1M	168.9M	331.9M	316.3M	539.1M	566.1M
Net Working Capital	115.0M	167.0M	328.7M	317.5M	530.2M	556.7M
Short Term Investments	78.1M	77.8M	133.0M	301.8M	503.7M	528.8M
Capital Stock	210.8M	336.5M	607.6M	759.4M	1.2B	1.3B

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When determining whether Crinetics Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crinetics Pharmaceuticals Stock:

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Is Crinetics Stock a good investment?

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What is Crinetics Pharmaceuticals' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crinetics Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Crinetics Pharmaceuticals' price analysis, check to measure Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals is operating at the current time. Most of Crinetics Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Crinetics Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crinetics Pharmaceuticals' price. Additionally, you may evaluate how the addition of Crinetics Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.

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Is Crinetics Pharmaceuticals' industry 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 Crinetics Pharmaceuticals. If investors know Crinetics 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 Crinetics Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.72)

Revenue Per Share

0.032

Quarterly Revenue Growth

(0.76)

Return On Assets

(0.24)

Return On Equity

(0.41)

The market value of Crinetics Pharmaceuticals is measured differently than its book value, which is the value of Crinetics that is recorded on the company's balance sheet. Investors also form their own opinion of Crinetics Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals' market value can be influenced by many factors that don't directly affect Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crinetics Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crinetics Pharmaceuticals' 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.

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Crinetics Accounts Payable vs Net Debt Analysis

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Debt

Crinetics Pharmaceuticals fundamental ratios Correlations

Crinetics Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Crinetics Pharmaceuticals fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt Total	+ 1.0	Long Term Debt
Total Current Liabilities	+ 0.99	Total Assets

Retained Earnings	- 0.99	Total Current Liabilities
Cash And Short Term Investments	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Net Tangible Assets
Retained Earnings	- 0.98	Other Current Liab
Retained Earnings	- 0.98	Total Assets
Other Stockholder Equity	- 0.94	Common Stock Shares Outstanding