Equillium Capital Stock vs Accounts Payable Analysis
EQ Stock | USD 1.56 0.02 1.30% |
Equillium financial indicator trend analysis is much more than just examining Equillium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equillium is a good investment. Please check the relationship between Equillium Capital Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equillium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.
Capital Stock vs Accounts Payable
Capital Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equillium Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equillium's Capital Stock and Accounts Payable is 0.73. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Equillium, assuming nothing else is changed. The correlation between historical values of Equillium's Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Equillium are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., Equillium's Capital Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Accounts Payable
An accounting item on the balance sheet that represents Equillium 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 Equillium 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 indicators from Equillium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equillium 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equillium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.As of 05/18/2024, Selling General Administrative is likely to drop to about 10.3 M. In addition to that, Tax Provision is likely to drop to about 319 K
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 37.8M | 54.8M | 50.6M | 38.1M | Depreciation And Amortization | 72K | 46.1M | 126K | 119.7K |
Equillium fundamental ratios Correlations
Click cells to compare fundamentals
Equillium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equillium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.5M | 85.4M | 85.4M | 78.4M | 50.5M | 67.5M | |
Short Long Term Debt Total | 9.7M | 8.3M | 10.0M | 10.2M | 824K | 782.8K | |
Other Current Liab | 2.0M | 2.8M | 5.9M | (6.1M) | 6.7M | 7.0M | |
Total Current Liabilities | 3.9M | 7.2M | 8.9M | 32.0M | 27.6M | 29.0M | |
Total Stockholder Equity | 41.8M | 69.9M | 66.5M | 31.9M | 22.6M | 21.4M | |
Other Liab | 200K | 127K | 54K | 10.4M | 11.9M | 12.5M | |
Net Tangible Assets | 41.8M | 69.9M | 66.5M | 31.9M | 36.7M | 50.0M | |
Property Plant And Equipment Net | 93K | 239K | 1.6M | 1.2M | 1.1M | 682.7K | |
Net Debt | (3.5M) | (15.7M) | (40.4M) | (48.9M) | (22.4M) | (23.5M) | |
Retained Earnings | (41.1M) | (70.9M) | (110.0M) | (172.4M) | (185.7M) | (176.5M) | |
Accounts Payable | 1.9M | 2.8M | 1.2M | 17.3M | 4.7M | 4.6M | |
Cash | 13.2M | 24.0M | 50.4M | 59.1M | 23.2M | 32.3M | |
Non Current Assets Total | 108K | 254K | 1.6M | 1.2M | 1.2M | 698.4K | |
Non Currrent Assets Other | (93K) | (239K) | 153K | 104K | 70K | 73.5K | |
Long Term Debt | 9.7M | 8.3M | 8.8M | 3.2M | 3.7M | 7.0M | |
Cash And Short Term Investments | 53.1M | 82.2M | 80.7M | 71.0M | 40.9M | 63.0M | |
Common Stock Shares Outstanding | 17.4M | 20.4M | 28.8M | 33.7M | 34.7M | 25.8M | |
Short Term Investments | 39.9M | 58.2M | 30.3M | 11.9M | 17.7M | 22.3M | |
Liabilities And Stockholders Equity | 55.5M | 85.4M | 85.4M | 78.4M | 50.5M | 67.5M | |
Non Current Liabilities Total | 9.8M | 8.3M | 10.0M | 14.4M | 384K | 364.8K | |
Capital Surpluse | 80.4M | 82.9M | 141.1M | 176.6M | 203.1M | 105.8M | |
Other Current Assets | 2.4M | 3.3M | 3.0M | 3.4M | 2.2M | 2.4M | |
Other Stockholder Equity | 82.9M | 141.1M | 176.6M | 204.3M | 208.2M | 140.4M | |
Total Liab | 13.7M | 15.6M | 18.9M | 46.5M | 28.0M | 21.1M | |
Net Invested Capital | 51.5M | 79.8M | 8.8M | 40.9M | 22.6M | 31.3M | |
Property Plant And Equipment Gross | 93K | 239K | 1.6M | 1.2M | 1.5M | 739.9K | |
Total Current Assets | 55.5M | 85.4M | 83.8M | 77.2M | 49.3M | 66.9M | |
Accumulated Other Comprehensive Income | 21K | (297K) | (138K) | 76K | 140K | 147K | |
Non Current Liabilities Other | 127K | 54K | 1.2M | 4.1M | 4.7M | 4.9M | |
Net Working Capital | 51.5M | 77.9M | 74.8M | 44.7M | 21.8M | 20.7M | |
Common Stock | 789.0 | 1K | 2K | 3K | 3.5K | 1.9K | |
Property Plant Equipment | 93K | 239K | 237K | 1.6M | 1.8M | 1.9M | |
Other Assets | (108K) | (254K) | 153K | 3.4M | 1.0 | 0.95 |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equillium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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Is Equillium's 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 Equillium. If investors know Equillium 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 Equillium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 1.085 | Quarterly Revenue Growth 0.204 | Return On Assets (0.14) | Return On Equity (0.48) |
The market value of Equillium is measured differently than its book value, which is the value of Equillium that is recorded on the company's balance sheet. Investors also form their own opinion of Equillium's value that differs from its market value or its book value, called intrinsic value, which is Equillium'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 Equillium's market value can be influenced by many factors that don't directly affect Equillium'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 Equillium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equillium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equillium'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.