Equillium Net Debt vs Cash And Short Term Investments 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 Net Debt and its Cash And Short Term Investments 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equillium Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Equillium's Net Debt and Cash And Short Term Investments is -0.85. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Equillium, assuming nothing else is changed. The correlation between historical values of Equillium's Net Debt and Cash And Short Term Investments 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 Debt of Equillium are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Equillium's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Equillium balance sheet. This account contains Equillium investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Equillium fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Click cells to compare fundamentals

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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Equillium Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Equillium Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

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