Ionis Retained Earnings vs Net Working Capital Analysis

IONS Stock

USD 37.31 0.31 0.82%

Ionis Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Ionis Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ionis Pharmaceuticals is a good investment. Please check the relationship between Ionis Pharmaceuticals Retained Earnings and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ionis 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 Ionis Stock please use our How to Invest in Ionis Pharmaceuticals guide.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ionis Pharmaceuticals Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ionis Pharmaceuticals' Retained Earnings and Net Working Capital is -0.42. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Ionis Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Ionis Pharmaceuticals' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ionis Pharmaceuticals are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Ionis Pharmaceuticals' Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

Most indicators from Ionis Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ionis 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ionis 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 Ionis Stock please use our How to Invest in Ionis Pharmaceuticals guide.At this time, Ionis Pharmaceuticals' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 33.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.16 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	829M	984M	1.1B	1.2B
Cost Of Revenue	11M	14M	9.1M	8.7M

Total Operating Expenses Cost Of Revenue

Ionis Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Net Receivables	Property Plant And Equipment Gross	Short Term Investments	Common Stock	Other Assets
Total Assets		0.85	0.58	0.92	0.73	0.86	-0.16	-0.6	0.68	0.94	0.6	1.0	0.59	0.93	0.95	0.94	0.93	1.0	0.3	0.74	0.52	0.5	0.83	0.96	0.43	0.64
Short Long Term Debt Total	0.85		0.73	0.92	0.3	0.95	0.25	-0.8	0.38	0.67	0.14	0.85	0.46	0.97	0.92	0.81	0.97	0.87	0.22	0.7	0.5	0.61	0.97	0.83	0.37	0.29
Other Current Liab	0.58	0.73		0.65	0.11	0.65	0.36	-0.53	0.11	0.54	0.19	0.58	0.22	0.69	0.57	0.5	0.69	0.58	-0.46	0.42	0.41	0.35	0.71	0.56	0.23	0.21
Total Current Liabilities	0.92	0.92	0.65		0.43	0.93	0.18	-0.8	0.4	0.79	0.33	0.91	0.5	0.97	0.92	0.89	0.98	0.93	0.34	0.72	0.67	0.61	0.91	0.91	0.43	0.33
Total Stockholder Equity	0.73	0.3	0.11	0.43		0.38	-0.75	-0.04	0.9	0.83	0.87	0.73	0.59	0.43	0.6	0.67	0.43	0.7	0.24	0.5	0.18	0.09	0.26	0.67	0.32	0.86
Property Plant And Equipment Net	0.86	0.95	0.65	0.93	0.38		0.17	-0.84	0.43	0.72	0.18	0.86	0.57	0.94	0.92	0.88	0.94	0.88	0.32	0.81	0.5	0.49	0.94	0.85	0.52	0.25
Net Debt	-0.16	0.25	0.36	0.18	-0.75	0.17		-0.38	-0.8	-0.31	-0.62	-0.17	-0.4	0.17	-0.06	-0.18	0.17	-0.14	-0.09	-0.11	0.09	0.3	0.33	-0.1	-0.13	-0.64
Retained Earnings	-0.6	-0.8	-0.53	-0.8	-0.04	-0.84	-0.38		-0.12	-0.42	0.12	-0.6	-0.62	-0.78	-0.64	-0.76	-0.78	-0.62	-0.27	-0.8	-0.7	-0.47	-0.81	-0.54	-0.71	0.07
Cash	0.68	0.38	0.11	0.4	0.9	0.43	-0.8	-0.12		0.72	0.69	0.69	0.66	0.44	0.63	0.67	0.43	0.67	0.23	0.53	0.23	0.09	0.28	0.61	0.35	0.79
Non Current Assets Total	0.94	0.67	0.54	0.79	0.83	0.72	-0.31	-0.42	0.72		0.81	0.93	0.57	0.78	0.82	0.87	0.78	0.92	0.16	0.66	0.48	0.31	0.64	0.91	0.42	0.72
Non Currrent Assets Other	0.6	0.14	0.19	0.33	0.87	0.18	-0.62	0.12	0.69	0.81		0.59	0.36	0.3	0.39	0.48	0.3	0.56	-0.03	0.26	0.25	0.02	0.1	0.57	0.16	0.83
Cash And Short Term Investments	1.0	0.85	0.58	0.91	0.73	0.86	-0.17	-0.6	0.69	0.93	0.59		0.6	0.93	0.95	0.94	0.93	1.0	0.3	0.74	0.52	0.49	0.83	0.95	0.43	0.65
Common Stock Shares Outstanding	0.59	0.46	0.22	0.5	0.59	0.57	-0.4	-0.62	0.66	0.57	0.36	0.6		0.49	0.52	0.78	0.49	0.59	0.2	0.88	0.53	0.13	0.42	0.46	0.86	0.38
Non Current Liabilities Total	0.93	0.97	0.69	0.97	0.43	0.94	0.17	-0.78	0.44	0.78	0.3	0.93	0.49		0.94	0.88	1.0	0.94	0.28	0.73	0.56	0.61	0.96	0.89	0.39	0.4
Other Current Assets	0.95	0.92	0.57	0.92	0.6	0.92	-0.06	-0.64	0.63	0.82	0.39	0.95	0.52	0.94		0.89	0.94	0.96	0.38	0.73	0.42	0.54	0.89	0.95	0.33	0.5
Other Stockholder Equity	0.94	0.81	0.5	0.89	0.67	0.88	-0.18	-0.76	0.67	0.87	0.48	0.94	0.78	0.88	0.89		0.88	0.94	0.35	0.88	0.64	0.44	0.79	0.86	0.7	0.51
Total Liab	0.93	0.97	0.69	0.98	0.43	0.94	0.17	-0.78	0.43	0.78	0.3	0.93	0.49	1.0	0.94	0.88		0.94	0.29	0.73	0.58	0.61	0.96	0.9	0.4	0.39
Total Current Assets	1.0	0.87	0.58	0.93	0.7	0.88	-0.14	-0.62	0.67	0.92	0.56	1.0	0.59	0.94	0.96	0.94	0.94		0.32	0.75	0.52	0.53	0.85	0.95	0.42	0.62
Short Term Debt	0.3	0.22	-0.46	0.34	0.24	0.32	-0.09	-0.27	0.23	0.16	-0.03	0.3	0.2	0.28	0.38	0.35	0.29	0.32		0.29	0.1	0.33	0.24	0.33	0.11	-0.01
Intangible Assets	0.74	0.7	0.42	0.72	0.5	0.81	-0.11	-0.8	0.53	0.66	0.26	0.74	0.88	0.73	0.73	0.88	0.73	0.75	0.29		0.52	0.29	0.72	0.64	0.81	0.34
Accounts Payable	0.52	0.5	0.41	0.67	0.18	0.5	0.09	-0.7	0.23	0.48	0.25	0.52	0.53	0.56	0.42	0.64	0.58	0.52	0.1	0.52		0.33	0.43	0.47	0.56	0.1
Net Receivables	0.5	0.61	0.35	0.61	0.09	0.49	0.3	-0.47	0.09	0.31	0.02	0.49	0.13	0.61	0.54	0.44	0.61	0.53	0.33	0.29	0.33		0.57	0.48	0.05	0.1
Property Plant And Equipment Gross	0.83	0.97	0.71	0.91	0.26	0.94	0.33	-0.81	0.28	0.64	0.1	0.83	0.42	0.96	0.89	0.79	0.96	0.85	0.24	0.72	0.43	0.57		0.81	0.39	0.28
Short Term Investments	0.96	0.83	0.56	0.91	0.67	0.85	-0.1	-0.54	0.61	0.91	0.57	0.95	0.46	0.89	0.95	0.86	0.9	0.95	0.33	0.64	0.47	0.48	0.81		0.29	0.57
Common Stock	0.43	0.37	0.23	0.43	0.32	0.52	-0.13	-0.71	0.35	0.42	0.16	0.43	0.86	0.39	0.33	0.7	0.4	0.42	0.11	0.81	0.56	0.05	0.39	0.29		0.15
Other Assets	0.64	0.29	0.21	0.33	0.86	0.25	-0.64	0.07	0.79	0.72	0.83	0.65	0.38	0.4	0.5	0.51	0.39	0.62	-0.01	0.34	0.1	0.1	0.28	0.57	0.15

Click cells to compare fundamentals

Ionis Pharmaceuticals Account Relationship Matchups

Ionis Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	2.4B	2.6B	2.5B	3.0B	3.1B
Short Long Term Debt Total	710M	749M	1.2B	1.3B	1.5B	1.5B
Other Current Liab	136.9M	(128.4M)	127.6M	195.5M	217.8M	228.7M
Total Current Liabilities	273M	290M	241M	312M	448.1M	470.5M
Total Stockholder Equity	1.5B	843M	772M	573M	386.7M	265.7M
Property Plant And Equipment Net	154M	181M	178M	256M	242.9M	255.1M
Net Debt	(1.8B)	(1.1B)	(954M)	(642M)	1.1B	1.1B
Retained Earnings	(707.5M)	(1.2B)	(1.2B)	(1.4B)	(1.8B)	(1.7B)
Cash	2.5B	1.9B	2.1B	2.0B	399.3M	534.5M
Non Current Assets Total	512M	260M	267M	331M	348.2M	365.6M
Non Currrent Assets Other	358M	51.1M	60.0M	34.6M	62.3M	34.5M
Cash And Short Term Investments	2.5B	1.9B	2.1B	2.0B	2.3B	2.4B
Common Stock Shares Outstanding	142.9M	139.6M	141.0M	141.8M	143.2M	83.9M
Liabilities And Stockholders Equity	3.2B	2.4B	2.6B	2.5B	3.0B	3.1B
Non Current Liabilities Total	1.3B	1.3B	1.6B	1.6B	2.2B	2.3B
Other Current Assets	158M	162M	168M	190M	184.4M	193.7M
Other Stockholder Equity	2.2B	2.1B	2.0B	2.1B	2.2B	2.3B
Total Liab	1.5B	1.5B	1.8B	2.0B	2.6B	2.7B
Total Current Assets	2.7B	2.1B	2.3B	2.2B	2.6B	2.8B
Short Term Debt	2.0M	293.2M	3.5M	7.5M	53.2M	55.8M
Intangible Assets	24.0M	25.7M	27.9M	29.0M	33.4M	24.2M
Accounts Payable	16.1M	17.2M	11.9M	17.9M	26.0M	27.3M
Net Receivables	63M	76M	62M	26M	97.8M	102.7M
Property Plant And Equipment Gross	153.7M	181.1M	280.7M	256M	339.7M	356.7M
Accumulated Other Comprehensive Income	(25.3M)	(21.1M)	(32.7M)	(57.5M)	(32.6M)	(31.0M)
Short Term Investments	1.8B	1.5B	1.2B	1.7B	1.9B	2.0B
Other Assets	310.6M	78.0M	319M	35.0M	40.2M	57.3M
Long Term Debt	770.0M	515.7M	1.2B	1.2B	1.2B	1.3B
Property Plant Equipment	153.7M	181.1M	178.1M	74.3M	85.4M	79.6M
Other Liab	490.1M	424M	352M	287.8M	330.9M	170.0M
Current Deferred Revenue	118M	108M	98M	91M	151.1M	158.7M
Inventory	18.2M	22.0M	24.8M	22.0M	28.4M	29.8M
Net Tangible Assets	1.4B	815.4M	742.7M	572.9M	658.8M	531.9M
Retained Earnings Total Equity	(707.5M)	(1.2B)	(1.2B)	(1.4B)	(1.3B)	(1.4B)
Long Term Debt Total	770.0M	515.7M	1.2B	1.2B	1.4B	1.4B
Capital Surpluse	2.2B	2.1B	2.0B	2.1B	2.4B	1.7B

Pair Trading with Ionis Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ionis Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ionis Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ionis Stock

0.76	VRDN	Viridian Therapeutics	Pair Corr
0.7	EFTR	Effector Therapeutics	Pair Corr

Moving against Ionis Stock

0.73	DSGN	Design Therapeutics	Pair Corr
0.68	ELYM	Eliem Therapeutics	Pair Corr
0.55	ELVN	Enliven Therapeutics	Pair Corr

The ability to find closely correlated positions to Ionis Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ionis Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ionis Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ionis Pharmaceuticals to buy it.

The correlation of Ionis Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ionis Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ionis Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ionis Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ionis Pharmaceuticals is a strong investment it is important to analyze Ionis Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ionis Pharmaceuticals' future performance. For an informed investment choice regarding Ionis Stock, refer to the following important reports:

How To Invest In Ionis

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Is Ionis Stock a good investment?

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What is Ionis Pharmaceuticals' Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ionis 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 Ionis Stock please use our How to Invest in Ionis Pharmaceuticals guide.

You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Ionis Stock analysis

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

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Is Ionis 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 Ionis Pharmaceuticals. If investors know Ionis 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 Ionis Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.44)

Earnings Share

(2.67)

Revenue Per Share

5.397

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.08)

The market value of Ionis Pharmaceuticals is measured differently than its book value, which is the value of Ionis that is recorded on the company's balance sheet. Investors also form their own opinion of Ionis Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Ionis 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 Ionis Pharmaceuticals' market value can be influenced by many factors that don't directly affect Ionis 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 Ionis Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ionis Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ionis 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.

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Ionis Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

Ionis Pharmaceuticals fundamental ratios Correlations

Ionis Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ionis Pharmaceuticals fundamental ratios Accounts

Pair Trading with Ionis Pharmaceuticals

Moving together with Ionis Stock

Moving against Ionis Stock

Complementary Tools for Ionis Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.98	Total Current Liabilities
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total

Retained Earnings	- 0.84	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.81	Retained Earnings
Intangible Assets	- 0.8	Retained Earnings
Cash	- 0.8	Net Debt
Retained Earnings	- 0.8	Total Current Liabilities
Retained Earnings	- 0.8	Short Long Term Debt Total