Equillium Property Plant Equipment vs Total Liab 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 Property Plant Equipment and its Total Liab 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.

Property Plant Equipment vs Total Liab

Property Plant Equipment vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equillium Property Plant Equipment account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Equillium's Property Plant Equipment and Total Liab is 0.8. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Liab in the same time period over historical financial statements of Equillium, assuming nothing else is changed. The correlation between historical values of Equillium's Property Plant Equipment 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 Property Plant Equipment of Equillium 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 Property Plant Equipment i.e., Equillium's Property Plant Equipment and Total Liab go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 Expenses37.8M54.8M50.6M38.1M
Depreciation And Amortization72K46.1M126K119.7K

Equillium fundamental ratios Correlations

-0.220.310.620.920.570.960.71-0.87-0.730.550.860.710.07-0.381.00.90.580.65-0.190.90.960.90.550.760.68
-0.22-0.52-0.38-0.16-0.34-0.34-0.080.210.360.03-0.08-0.1-0.250.64-0.2-0.21-0.12-0.660.97-0.25-0.09-0.270.06-0.27-0.17
0.31-0.520.20.30.410.460.33-0.09-0.37-0.370.050.340.060.140.30.370.250.5-0.670.360.280.34-0.130.060.39
0.62-0.380.20.290.90.460.75-0.74-0.970.810.730.760.39-0.450.580.770.890.61-0.250.780.710.840.890.290.78
0.92-0.160.30.290.270.960.51-0.71-0.440.270.680.51-0.08-0.340.940.750.30.56-0.190.750.820.720.240.80.47
0.57-0.340.410.90.270.440.9-0.75-0.930.610.750.90.63-0.310.530.730.920.56-0.270.760.640.810.770.020.91
0.96-0.340.460.460.960.440.58-0.75-0.60.310.720.580.0-0.370.960.820.410.69-0.370.820.870.80.310.790.56
0.71-0.080.330.750.510.90.58-0.86-0.850.590.871.00.57-0.270.670.840.910.47-0.030.870.760.870.760.110.99
-0.870.21-0.09-0.74-0.71-0.75-0.75-0.860.79-0.73-0.99-0.85-0.490.59-0.85-0.83-0.73-0.550.11-0.87-0.83-0.89-0.72-0.46-0.82
-0.730.36-0.37-0.97-0.44-0.93-0.6-0.850.79-0.72-0.78-0.86-0.370.37-0.69-0.88-0.93-0.660.28-0.89-0.81-0.93-0.85-0.33-0.88
0.550.03-0.370.810.270.610.310.59-0.73-0.720.760.590.28-0.480.520.620.720.320.220.630.640.690.930.360.57
0.86-0.080.050.730.680.750.720.87-0.99-0.780.760.860.47-0.460.840.810.740.470.030.840.840.870.760.420.82
0.71-0.10.340.760.510.90.581.0-0.85-0.860.590.860.56-0.270.670.850.920.49-0.050.870.760.880.760.120.99
0.07-0.250.060.39-0.080.630.00.57-0.49-0.370.280.470.56-0.410.050.120.430.26-0.160.220.030.250.32-0.430.56
-0.380.640.14-0.45-0.34-0.31-0.37-0.270.590.37-0.48-0.46-0.27-0.41-0.36-0.35-0.27-0.540.48-0.42-0.25-0.44-0.3-0.42-0.3
1.0-0.20.30.580.940.530.960.67-0.85-0.690.520.840.670.05-0.360.870.530.62-0.180.870.950.870.510.770.63
0.9-0.210.370.770.750.730.820.84-0.83-0.880.620.810.850.12-0.350.870.830.63-0.180.990.940.980.730.570.85
0.58-0.120.250.890.30.920.410.91-0.73-0.930.720.740.920.43-0.270.530.830.46-0.030.840.710.860.910.10.94
0.65-0.660.50.610.560.560.690.47-0.55-0.660.320.470.490.26-0.540.620.630.46-0.640.690.610.70.340.530.53
-0.190.97-0.67-0.25-0.19-0.27-0.37-0.030.110.280.220.03-0.05-0.160.48-0.18-0.18-0.03-0.64-0.21-0.06-0.220.2-0.24-0.12
0.9-0.250.360.780.750.760.820.87-0.87-0.890.630.840.870.22-0.420.870.990.840.69-0.210.930.990.740.550.88
0.96-0.090.280.710.820.640.870.76-0.83-0.810.640.840.760.03-0.250.950.940.710.61-0.060.930.940.70.690.74
0.9-0.270.340.840.720.810.80.87-0.89-0.930.690.870.880.25-0.440.870.980.860.7-0.220.990.940.780.540.88
0.550.06-0.130.890.240.770.310.76-0.72-0.850.930.760.760.32-0.30.510.730.910.340.20.740.70.780.210.76
0.76-0.270.060.290.80.020.790.11-0.46-0.330.360.420.12-0.43-0.420.770.570.10.53-0.240.550.690.540.210.1
0.68-0.170.390.780.470.910.560.99-0.82-0.880.570.820.990.56-0.30.630.850.940.53-0.120.880.740.880.760.1
Click cells to compare fundamentals

Equillium Account Relationship Matchups

Equillium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.5M85.4M85.4M78.4M50.5M67.5M
Short Long Term Debt Total9.7M8.3M10.0M10.2M824K782.8K
Other Current Liab2.0M2.8M5.9M(6.1M)6.7M7.0M
Total Current Liabilities3.9M7.2M8.9M32.0M27.6M29.0M
Total Stockholder Equity41.8M69.9M66.5M31.9M22.6M21.4M
Other Liab200K127K54K10.4M11.9M12.5M
Net Tangible Assets41.8M69.9M66.5M31.9M36.7M50.0M
Property Plant And Equipment Net93K239K1.6M1.2M1.1M682.7K
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 Payable1.9M2.8M1.2M17.3M4.7M4.6M
Cash13.2M24.0M50.4M59.1M23.2M32.3M
Non Current Assets Total108K254K1.6M1.2M1.2M698.4K
Non Currrent Assets Other(93K)(239K)153K104K70K73.5K
Long Term Debt9.7M8.3M8.8M3.2M3.7M7.0M
Cash And Short Term Investments53.1M82.2M80.7M71.0M40.9M63.0M
Common Stock Shares Outstanding17.4M20.4M28.8M33.7M34.7M25.8M
Short Term Investments39.9M58.2M30.3M11.9M17.7M22.3M
Liabilities And Stockholders Equity55.5M85.4M85.4M78.4M50.5M67.5M
Non Current Liabilities Total9.8M8.3M10.0M14.4M384K364.8K
Capital Surpluse80.4M82.9M141.1M176.6M203.1M105.8M
Other Current Assets2.4M3.3M3.0M3.4M2.2M2.4M
Other Stockholder Equity82.9M141.1M176.6M204.3M208.2M140.4M
Total Liab13.7M15.6M18.9M46.5M28.0M21.1M
Net Invested Capital51.5M79.8M8.8M40.9M22.6M31.3M
Property Plant And Equipment Gross93K239K1.6M1.2M1.5M739.9K
Total Current Assets55.5M85.4M83.8M77.2M49.3M66.9M
Accumulated Other Comprehensive Income21K(297K)(138K)76K140K147K
Non Current Liabilities Other127K54K1.2M4.1M4.7M4.9M
Net Working Capital51.5M77.9M74.8M44.7M21.8M20.7M
Common Stock789.01K2K3K3.5K1.9K
Property Plant Equipment93K239K237K1.6M1.8M1.9M
Other Assets(108K)(254K)153K3.4M1.00.95

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When determining whether Equillium is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Equillium Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Equillium Stock. Highlighted below are key reports to facilitate an investment decision about Equillium Stock:
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.
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 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.