Crinetics Net Receivables vs Total Liab 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 Net Receivables and its Total Liab 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.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crinetics Pharmaceuticals Net Receivables account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Crinetics Pharmaceuticals' Net Receivables and Total Liab is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab 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' Net Receivables and Total Liab 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 Receivables of Crinetics Pharmaceuticals are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Crinetics Pharmaceuticals' Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Income157K4.3M13.4M14.1M
Net Interest Income157K4.3M13.4M14.1M

Crinetics Pharmaceuticals fundamental ratios Correlations

0.870.970.990.50.880.950.9-0.17-0.980.770.520.910.910.17-0.811.00.950.880.84-0.810.560.830.880.66-0.92
0.870.920.890.850.810.691.00.2-0.850.430.21.00.98-0.16-0.940.850.980.640.59-0.940.850.580.70.43-0.63
0.970.920.990.60.950.880.940.06-0.980.630.310.940.920.09-0.860.960.970.80.8-0.860.680.730.860.65-0.85
0.990.890.990.530.920.920.91-0.03-0.990.720.390.920.890.16-0.830.980.960.860.85-0.830.620.790.880.7-0.9
0.50.850.60.530.50.240.830.48-0.47-0.06-0.140.810.81-0.53-0.830.470.730.190.14-0.830.910.140.340.0-0.13
0.880.810.950.920.50.80.820.21-0.890.50.110.830.80.11-0.760.870.870.660.73-0.760.60.680.780.64-0.79
0.950.690.880.920.240.80.73-0.39-0.930.890.670.740.760.36-0.630.970.820.930.88-0.630.290.920.850.72-0.98
0.91.00.940.910.830.820.730.17-0.880.470.221.00.98-0.13-0.940.880.990.680.63-0.940.830.610.730.48-0.66
-0.170.20.06-0.030.480.21-0.390.170.09-0.6-0.920.160.05-0.42-0.23-0.20.07-0.4-0.27-0.230.51-0.41-0.2-0.10.38
-0.98-0.85-0.98-0.99-0.47-0.89-0.93-0.880.09-0.76-0.43-0.89-0.86-0.20.78-0.98-0.93-0.89-0.90.78-0.59-0.77-0.9-0.720.93
0.770.430.630.72-0.060.50.890.47-0.6-0.760.770.490.480.55-0.320.790.580.940.88-0.320.00.880.680.78-0.91
0.520.20.310.39-0.140.110.670.22-0.92-0.430.770.240.340.35-0.160.540.320.660.5-0.16-0.170.640.480.27-0.63
0.911.00.940.920.810.830.741.00.16-0.890.490.240.98-0.11-0.940.890.990.70.65-0.940.820.620.740.49-0.68
0.910.980.920.890.810.80.760.980.05-0.860.480.340.98-0.19-0.920.890.970.650.6-0.920.780.630.750.37-0.67
0.17-0.160.090.16-0.530.110.36-0.13-0.42-0.20.550.35-0.11-0.190.20.19-0.010.510.420.2-0.470.50.010.72-0.44
-0.81-0.94-0.86-0.83-0.83-0.76-0.63-0.94-0.230.78-0.32-0.16-0.94-0.920.2-0.79-0.92-0.58-0.441.0-0.84-0.49-0.67-0.320.55
1.00.850.960.980.470.870.970.88-0.2-0.980.790.540.890.890.19-0.790.940.890.85-0.790.530.850.880.67-0.93
0.950.980.970.960.730.870.820.990.07-0.930.580.320.990.97-0.01-0.920.940.770.72-0.920.750.710.780.57-0.77
0.880.640.80.860.190.660.930.68-0.4-0.890.940.660.70.650.51-0.580.890.770.9-0.580.260.870.750.83-0.94
0.840.590.80.850.140.730.880.63-0.27-0.90.880.50.650.60.42-0.440.850.720.9-0.440.290.760.820.82-0.94
-0.81-0.94-0.86-0.83-0.83-0.76-0.63-0.94-0.230.78-0.32-0.16-0.94-0.920.21.0-0.79-0.92-0.58-0.44-0.84-0.49-0.67-0.320.55
0.560.850.680.620.910.60.290.830.51-0.590.0-0.170.820.78-0.47-0.840.530.750.260.29-0.840.080.540.08-0.26
0.830.580.730.790.140.680.920.61-0.41-0.770.880.640.620.630.5-0.490.850.710.870.76-0.490.080.570.79-0.87
0.880.70.860.880.340.780.850.73-0.2-0.90.680.480.740.750.01-0.670.880.780.750.82-0.670.540.570.46-0.87
0.660.430.650.70.00.640.720.48-0.1-0.720.780.270.490.370.72-0.320.670.570.830.82-0.320.080.790.46-0.79
-0.92-0.63-0.85-0.9-0.13-0.79-0.98-0.660.380.93-0.91-0.63-0.68-0.67-0.440.55-0.93-0.77-0.94-0.940.55-0.26-0.87-0.87-0.79
Click cells to compare fundamentals

Crinetics Pharmaceuticals Account Relationship Matchups

Crinetics Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets130.4M183.4M351.0M352.2M635.4M667.1M
Other Current Liab2.8M4.9M7.5M17.5M31.2M32.7M
Total Current Liabilities8.3M10.5M16.0M27.7M43.9M46.1M
Total Stockholder Equity(93.8M)(167.6M)(275.3M)(439.2M)539.1M566.1M
Net Tangible Assets117.1M168.9M331.9M316.3M363.8M382.0M
Property Plant And Equipment Net6.5M5.4M4.7M5.0M57.4M60.3M
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 Payable5.5M5.6M8.5M6.9M6.5M4.8M
Cash40.3M93.1M200.7M32.7M54.9M67.8M
Non Current Assets Total7.0M6.0M6.3M7.0M61.2M64.3M
Non Currrent Assets Other82K40K568K37K2.0M2.1M
Other Assets582K2.8M568K2.0M1.00.95
Cash And Short Term Investments118.4M170.9M333.7M334.4M558.6M586.5M
Net Receivables1.4M1.8M2.0M2.4M9.4M9.8M
Common Stock Shares Outstanding24.2M30.4M38.4M52.0M58.1M33.4M
Liabilities And Stockholders Equity(80.6M)(153.1M)(256.2M)(403.3M)635.4M667.1M
Non Current Liabilities Total4.9M4.0M3.1M8.1M52.3M54.9M
Other Current Assets4.9M6.6M912K8.3M6.2M3.9M
Other Stockholder Equity(210.9M)(336.5M)(607.2M)(755.5M)(680.0M)(646.0M)
Total Liab13.2M14.5M19.1M35.8M96.2M101.1M
Property Plant And Equipment Gross6.5M3.2M8.2M9.1M62.5M65.6M
Total Current Assets123.3M177.5M344.7M345.2M574.2M602.9M
Accumulated Other Comprehensive Income148K25K(382K)(3.9M)977K1.0M
Non Current Liabilities Other202K4.8M4.0M2K2.3K2.2K
Common Stock210.8M336.5M607.6M759.4M1.2B1.3B
Property Plant Equipment6.5M5.4M4.7M5.0M5.7M4.2M
Net Invested Capital117.1M168.9M331.9M316.3M539.1M566.1M
Net Working Capital115.0M167.0M328.7M317.5M530.2M556.7M
Short Term Investments78.1M77.8M133.0M301.8M503.7M528.8M
Capital Stock210.8M336.5M607.6M759.4M1.2B1.3B

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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:
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.