Equillium Cash vs Common Stock Total Equity Analysis

EQ Stock

USD 0.80 0.10 11.11%

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 Cash and its Common Stock Total Equity 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 closely tied 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.

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equillium Cash account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Equillium's Cash and Common Stock Total Equity is 0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Equillium, assuming nothing else is changed. The correlation between historical values of Equillium's Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Equillium are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., Equillium's Cash and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Equillium, which is listed under current asset account on Equillium balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Equillium customers. The amounts must be unrestricted with restricted cash listed in a different Equillium account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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 closely tied 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 06/09/2024, 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

Other Operating Expenses Depreciation And Amortization

Equillium 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	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.22	0.31	0.62	0.92	0.57	0.96	0.71	-0.87	-0.73	0.55	0.86	0.71	0.07	-0.38	1.0	0.9	0.58	0.65	-0.19	0.9	0.96	0.9	0.55	0.76	0.68
Short Long Term Debt Total	-0.22		-0.52	-0.38	-0.16	-0.34	-0.34	-0.08	0.21	0.36	0.03	-0.08	-0.1	-0.25	0.64	-0.2	-0.21	-0.12	-0.66	0.97	-0.25	-0.09	-0.27	0.06	-0.27	-0.17
Other Current Liab	0.31	-0.52		0.2	0.3	0.41	0.46	0.33	-0.09	-0.37	-0.37	0.05	0.34	0.06	0.14	0.3	0.37	0.25	0.5	-0.67	0.36	0.28	0.34	-0.13	0.06	0.39
Total Current Liabilities	0.62	-0.38	0.2		0.29	0.9	0.46	0.75	-0.74	-0.97	0.81	0.73	0.76	0.39	-0.45	0.58	0.77	0.89	0.61	-0.25	0.78	0.71	0.84	0.89	0.29	0.78
Total Stockholder Equity	0.92	-0.16	0.3	0.29		0.27	0.96	0.51	-0.71	-0.44	0.27	0.68	0.51	-0.08	-0.34	0.94	0.75	0.3	0.56	-0.19	0.75	0.82	0.72	0.24	0.8	0.47
Other Liab	0.57	-0.34	0.41	0.9	0.27		0.44	0.9	-0.75	-0.93	0.61	0.75	0.9	0.63	-0.31	0.53	0.73	0.92	0.56	-0.27	0.76	0.64	0.81	0.77	0.02	0.91
Net Tangible Assets	0.96	-0.34	0.46	0.46	0.96	0.44		0.58	-0.75	-0.6	0.31	0.72	0.58	0.0	-0.37	0.96	0.82	0.41	0.69	-0.37	0.82	0.87	0.8	0.31	0.79	0.56
Property Plant And Equipment Net	0.71	-0.08	0.33	0.75	0.51	0.9	0.58		-0.86	-0.85	0.59	0.87	1.0	0.57	-0.27	0.67	0.84	0.91	0.47	-0.03	0.87	0.76	0.87	0.76	0.11	0.99
Net Debt	-0.87	0.21	-0.09	-0.74	-0.71	-0.75	-0.75	-0.86		0.79	-0.73	-0.99	-0.85	-0.49	0.59	-0.85	-0.83	-0.73	-0.55	0.11	-0.87	-0.83	-0.89	-0.72	-0.46	-0.82
Retained Earnings	-0.73	0.36	-0.37	-0.97	-0.44	-0.93	-0.6	-0.85	0.79		-0.72	-0.78	-0.86	-0.37	0.37	-0.69	-0.88	-0.93	-0.66	0.28	-0.89	-0.81	-0.93	-0.85	-0.33	-0.88
Accounts Payable	0.55	0.03	-0.37	0.81	0.27	0.61	0.31	0.59	-0.73	-0.72		0.76	0.59	0.28	-0.48	0.52	0.62	0.72	0.32	0.22	0.63	0.64	0.69	0.93	0.36	0.57
Cash	0.86	-0.08	0.05	0.73	0.68	0.75	0.72	0.87	-0.99	-0.78	0.76		0.86	0.47	-0.46	0.84	0.81	0.74	0.47	0.03	0.84	0.84	0.87	0.76	0.42	0.82
Non Current Assets Total	0.71	-0.1	0.34	0.76	0.51	0.9	0.58	1.0	-0.85	-0.86	0.59	0.86		0.56	-0.27	0.67	0.85	0.92	0.49	-0.05	0.87	0.76	0.88	0.76	0.12	0.99
Non Currrent Assets Other	0.07	-0.25	0.06	0.39	-0.08	0.63	0.0	0.57	-0.49	-0.37	0.28	0.47	0.56		-0.41	0.05	0.12	0.43	0.26	-0.16	0.22	0.03	0.25	0.32	-0.43	0.56
Long Term Debt	-0.38	0.64	0.14	-0.45	-0.34	-0.31	-0.37	-0.27	0.59	0.37	-0.48	-0.46	-0.27	-0.41		-0.36	-0.35	-0.27	-0.54	0.48	-0.42	-0.25	-0.44	-0.3	-0.42	-0.3
Cash And Short Term Investments	1.0	-0.2	0.3	0.58	0.94	0.53	0.96	0.67	-0.85	-0.69	0.52	0.84	0.67	0.05	-0.36		0.87	0.53	0.62	-0.18	0.87	0.95	0.87	0.51	0.77	0.63
Common Stock Total Equity	0.9	-0.21	0.37	0.77	0.75	0.73	0.82	0.84	-0.83	-0.88	0.62	0.81	0.85	0.12	-0.35	0.87		0.83	0.63	-0.18	0.99	0.94	0.98	0.73	0.57	0.85
Common Stock Shares Outstanding	0.58	-0.12	0.25	0.89	0.3	0.92	0.41	0.91	-0.73	-0.93	0.72	0.74	0.92	0.43	-0.27	0.53	0.83		0.46	-0.03	0.84	0.71	0.86	0.91	0.1	0.94
Long Term Debt Total	0.65	-0.66	0.5	0.61	0.56	0.56	0.69	0.47	-0.55	-0.66	0.32	0.47	0.49	0.26	-0.54	0.62	0.63	0.46		-0.64	0.69	0.61	0.7	0.34	0.53	0.53
Non Current Liabilities Total	-0.19	0.97	-0.67	-0.25	-0.19	-0.27	-0.37	-0.03	0.11	0.28	0.22	0.03	-0.05	-0.16	0.48	-0.18	-0.18	-0.03	-0.64		-0.21	-0.06	-0.22	0.2	-0.24	-0.12
Capital Surpluse	0.9	-0.25	0.36	0.78	0.75	0.76	0.82	0.87	-0.87	-0.89	0.63	0.84	0.87	0.22	-0.42	0.87	0.99	0.84	0.69	-0.21		0.93	0.99	0.74	0.55	0.88
Other Current Assets	0.96	-0.09	0.28	0.71	0.82	0.64	0.87	0.76	-0.83	-0.81	0.64	0.84	0.76	0.03	-0.25	0.95	0.94	0.71	0.61	-0.06	0.93		0.94	0.7	0.69	0.74
Other Stockholder Equity	0.9	-0.27	0.34	0.84	0.72	0.81	0.8	0.87	-0.89	-0.93	0.69	0.87	0.88	0.25	-0.44	0.87	0.98	0.86	0.7	-0.22	0.99	0.94		0.78	0.54	0.88
Total Liab	0.55	0.06	-0.13	0.89	0.24	0.77	0.31	0.76	-0.72	-0.85	0.93	0.76	0.76	0.32	-0.3	0.51	0.73	0.91	0.34	0.2	0.74	0.7	0.78		0.21	0.76
Net Invested Capital	0.76	-0.27	0.06	0.29	0.8	0.02	0.79	0.11	-0.46	-0.33	0.36	0.42	0.12	-0.43	-0.42	0.77	0.57	0.1	0.53	-0.24	0.55	0.69	0.54	0.21		0.1
Property Plant And Equipment Gross	0.68	-0.17	0.39	0.78	0.47	0.91	0.56	0.99	-0.82	-0.88	0.57	0.82	0.99	0.56	-0.3	0.63	0.85	0.94	0.53	-0.12	0.88	0.74	0.88	0.76	0.1

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Equillium Account Relationship Matchups

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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Equillium Cash vs Common Stock Total Equity Analysis

Cash vs Common Stock Total Equity

Cash vs Common Stock Total Equity Correlation Analysis

Correlation Coefficient

Cash

Common Stock Total Equity

Equillium fundamental ratios Correlations

Equillium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equillium fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Equillium Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Capital Surpluse	+ 0.99	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Capital Surpluse

Cash	- 0.99	Net Debt
Retained Earnings	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.93	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Other Liab
Capital Surpluse	- 0.89	Retained Earnings