Protagonist Short Term Debt vs Long Term Investments Analysis

PTGX Stock

USD 29.81 1.66 5.90%

Protagonist Therapeutics financial indicator trend analysis is much more than just breaking down Protagonist Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Protagonist Therapeutics is a good investment. Please check the relationship between Protagonist Therapeutics Short Term Debt and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protagonist Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.

Short Term Debt vs Long Term Investments

Short Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Protagonist Therapeutics Short Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Protagonist Therapeutics' Short Term Debt and Long Term Investments is -0.63. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Protagonist Therapeutics, assuming nothing else is changed. The correlation between historical values of Protagonist Therapeutics' Short Term Debt and Long 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 Short Term Debt of Protagonist Therapeutics are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Debt i.e., Protagonist Therapeutics' Short Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Term Debt

Long Term Investments

Long Term Investments is an item on the asset side of Protagonist Therapeutics balance sheet that represents investments Protagonist Therapeutics intends to hold for over a year. Protagonist Therapeutics long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Protagonist Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Protagonist Therapeutics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protagonist Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 18 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	443K	4.1M	12.9M	13.6M
Net Interest Income	443K	4.1M	12.9M	13.6M

Interest Income Net Interest Income

Protagonist Therapeutics fundamental ratios Correlations

	Total Assets	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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.81	0.83	-0.25	-0.04	0.99	0.72	-0.87	-0.85	0.39	0.87	0.52	0.25	1.0	0.62	0.94	0.96	0.23	-0.03	0.46	0.42	0.3	-0.8	0.87	1.0	0.1
Other Current Liab	0.81		0.61	-0.36	-0.49	0.87	0.45	-0.75	-0.69	0.29	0.73	0.32	-0.19	0.82	0.26	0.78	0.78	0.33	0.08	0.25	0.22	0.37	-0.57	0.69	0.82	0.09
Total Current Liabilities	0.83	0.61		-0.45	0.2	0.83	0.77	-0.69	-0.62	0.55	0.71	0.71	0.54	0.82	0.51	0.73	0.79	0.21	0.11	0.18	0.11	0.29	-0.69	0.72	0.82	0.21
Total Stockholder Equity	-0.25	-0.36	-0.45		-0.16	-0.35	-0.52	-0.09	0.0	-0.57	0.09	-0.58	-0.26	-0.24	0.43	-0.24	-0.32	-0.56	-0.67	0.69	0.71	-0.59	0.22	-0.39	-0.24	-0.01
Other Liab	-0.04	-0.49	0.2	-0.16		-0.12	0.49	0.28	0.05	0.19	-0.22	0.24	0.81	-0.07	0.21	-0.01	0.05	-0.05	0.31	-0.12	-0.15	-0.03	-0.24	0.22	-0.05	0.08
Net Tangible Assets	0.99	0.87	0.83	-0.35	-0.12		0.7	-0.84	-0.81	0.44	0.83	0.56	0.2	0.99	0.52	0.91	0.96	0.28	0.02	0.36	0.32	0.34	-0.77	0.84	0.98	0.03
Property Plant And Equipment Net	0.72	0.45	0.77	-0.52	0.49	0.7		-0.41	-0.59	0.41	0.46	0.54	0.55	0.7	0.39	0.68	0.83	0.26	0.44	0.08	0.04	0.32	-0.75	0.86	0.71	0.19
Net Debt	-0.87	-0.75	-0.69	-0.09	0.28	-0.84	-0.41		0.91	-0.26	-1.0	-0.3	-0.07	-0.87	-0.72	-0.86	-0.74	-0.23	0.39	-0.73	-0.69	-0.28	0.71	-0.66	-0.87	-0.19
Retained Earnings	-0.85	-0.69	-0.62	0.0	0.05	-0.81	-0.59	0.91		-0.25	-0.92	-0.28	-0.14	-0.86	-0.7	-0.92	-0.8	-0.41	0.24	-0.72	-0.69	-0.45	0.84	-0.85	-0.86	-0.17
Accounts Payable	0.39	0.29	0.55	-0.57	0.19	0.44	0.41	-0.26	-0.25		0.26	0.38	0.64	0.39	0.19	0.4	0.37	0.38	0.35	-0.2	-0.23	0.42	-0.62	0.32	0.39	0.08
Cash	0.87	0.73	0.71	0.09	-0.22	0.83	0.46	-1.0	-0.92	0.26		0.31	0.12	0.87	0.76	0.86	0.76	0.22	-0.37	0.74	0.7	0.27	-0.74	0.69	0.87	0.2
Non Current Assets Total	0.52	0.32	0.71	-0.58	0.24	0.56	0.54	-0.3	-0.28	0.38	0.31		0.36	0.51	0.09	0.39	0.5	0.37	-0.06	-0.14	-0.16	0.42	-0.25	0.44	0.49	-0.36
Other Assets	0.25	-0.19	0.54	-0.26	0.81	0.2	0.55	-0.07	-0.14	0.64	0.12	0.36		0.23	0.45	0.25	0.27	-0.02	0.28	-0.04	-0.09	0.03	-0.54	0.31	0.24	0.17
Cash And Short Term Investments	1.0	0.82	0.82	-0.24	-0.07	0.99	0.7	-0.87	-0.86	0.39	0.87	0.51	0.23		0.61	0.94	0.96	0.24	-0.04	0.46	0.42	0.3	-0.79	0.86	1.0	0.1
Net Receivables	0.62	0.26	0.51	0.43	0.21	0.52	0.39	-0.72	-0.7	0.19	0.76	0.09	0.45	0.61		0.59	0.56	-0.24	-0.38	0.84	0.8	-0.2	-0.7	0.47	0.62	0.09
Common Stock Shares Outstanding	0.94	0.78	0.73	-0.24	-0.01	0.91	0.68	-0.86	-0.92	0.4	0.86	0.39	0.25	0.94	0.59		0.88	0.43	-0.02	0.5	0.45	0.48	-0.86	0.92	0.95	0.24
Short Term Investments	0.96	0.78	0.79	-0.32	0.05	0.96	0.83	-0.74	-0.8	0.37	0.76	0.5	0.27	0.96	0.56	0.88		0.18	0.14	0.37	0.33	0.24	-0.8	0.9	0.96	0.05
Non Current Liabilities Total	0.23	0.33	0.21	-0.56	-0.05	0.28	0.26	-0.23	-0.41	0.38	0.22	0.37	-0.02	0.24	-0.24	0.43	0.18		0.07	-0.13	-0.12	1.0	-0.32	0.45	0.22	0.08
Inventory	-0.03	0.08	0.11	-0.67	0.31	0.02	0.44	0.39	0.24	0.35	-0.37	-0.06	0.28	-0.04	-0.38	-0.02	0.14	0.07		-0.66	-0.69	0.08	-0.16	0.21	-0.03	0.33
Other Current Assets	0.46	0.25	0.18	0.69	-0.12	0.36	0.08	-0.73	-0.72	-0.2	0.74	-0.14	-0.04	0.46	0.84	0.5	0.37	-0.13	-0.66		0.99	-0.12	-0.45	0.34	0.47	0.08
Other Stockholder Equity	0.42	0.22	0.11	0.71	-0.15	0.32	0.04	-0.69	-0.69	-0.23	0.7	-0.16	-0.09	0.42	0.8	0.45	0.33	-0.12	-0.69	0.99		-0.12	-0.41	0.29	0.43	-0.01
Total Liab	0.3	0.37	0.29	-0.59	-0.03	0.34	0.32	-0.28	-0.45	0.42	0.27	0.42	0.03	0.3	-0.2	0.48	0.24	1.0	0.08	-0.12	-0.12		-0.37	0.5	0.29	0.09
Long Term Investments	-0.8	-0.57	-0.69	0.22	-0.24	-0.77	-0.75	0.71	0.84	-0.62	-0.74	-0.25	-0.54	-0.79	-0.7	-0.86	-0.8	-0.32	-0.16	-0.45	-0.41	-0.37		-0.83	-0.8	-0.24
Property Plant And Equipment Gross	0.87	0.69	0.72	-0.39	0.22	0.84	0.86	-0.66	-0.85	0.32	0.69	0.44	0.31	0.86	0.47	0.92	0.9	0.45	0.21	0.34	0.29	0.5	-0.83		0.87	0.21
Total Current Assets	1.0	0.82	0.82	-0.24	-0.05	0.98	0.71	-0.87	-0.86	0.39	0.87	0.49	0.24	1.0	0.62	0.95	0.96	0.22	-0.03	0.47	0.43	0.29	-0.8	0.87		0.12
Common Stock	0.1	0.09	0.21	-0.01	0.08	0.03	0.19	-0.19	-0.17	0.08	0.2	-0.36	0.17	0.1	0.09	0.24	0.05	0.08	0.33	0.08	-0.01	0.09	-0.24	0.21	0.12

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Protagonist Therapeutics Account Relationship Matchups

Protagonist Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	154.9M	324.5M	347.7M	247.9M	358.0M	204.1M
Other Current Liab	(10.2M)	21.2M	38.6M	25.0M	19.4M	13.5M
Total Current Liabilities	35.4M	40.2M	44.0M	31.2M	21.3M	27.7M
Total Stockholder Equity	(217.7M)	(283.8M)	(409.4M)	(536.8M)	336.7M	353.5M
Net Tangible Assets	80.0M	279.6M	300.0M	215.6M	247.9M	141.3M
Property Plant And Equipment Net	7.7M	6.4M	6.7M	4.6M	2.1M	3.4M
Net Debt	(16.0M)	(111.4M)	(117.8M)	(122.1M)	(185.6M)	(176.3M)
Retained Earnings	(217.7M)	(283.8M)	(409.4M)	(536.8M)	(615.7M)	(584.9M)
Accounts Payable	2.8M	3.1M	1.6M	3.6M	772K	733.4K
Cash	33.0M	117.4M	123.7M	125.7M	186.7M	196.1M
Non Current Assets Total	9.6M	8.9M	7.0M	10.6M	2.4M	2.3M
Other Assets	450K	1.1M	1.9M	225K	258.8K	245.8K
Cash And Short Term Investments	133.0M	307.8M	326.9M	237.4M	341.6M	191.4M
Net Receivables	6.8M	3.5M	4.4M	52K	10.3M	10.8M
Common Stock Shares Outstanding	25.9M	34.4M	46.3M	49.0M	56.8M	29.8M
Short Term Investments	100.0M	188.5M	203.2M	111.6M	154.9M	99.8M
Liabilities And Stockholders Equity	(142.7M)	(238.9M)	(361.7M)	247.9M	358.0M	375.8M
Non Current Liabilities Total	39.5M	4.6M	3.7M	784.7M	221K	210.0K
Inventory	4.8M	4.0M	8.5M	(94K)	(10.3M)	(9.8M)
Other Current Assets	744K	311K	975K	42K	14.0M	14.7M
Other Stockholder Equity	221K	(28K)	299K	359K	952.5M	1.0B
Total Liab	75.0M	44.9M	47.7M	784.7M	21.3M	20.2M
Property Plant And Equipment Gross	7.7M	6.4M	11.0M	9.9M	8.4M	5.1M
Total Current Assets	145.3M	315.6M	340.7M	237.4M	355.6M	196.9M
Accumulated Other Comprehensive Income	(221K)	28K	(299K)	(359K)	(105K)	(110.3K)
Property Plant Equipment	7.7M	1.5M	6.7M	1.6M	1.8M	2.5M
Capital Surpluse	297.8M	563.4M	709.7M	752.7M	865.6M	908.9M
Retained Earnings Total Equity	(217.7M)	(283.8M)	(409.4M)	(536.8M)	(483.1M)	(458.9M)
Current Deferred Revenue	41.5M	14.5M	1.6M	69K	3K	2.9K
Net Invested Capital	89.8M	279.6M	300.0M	215.6M	336.7M	228.6M
Net Working Capital	109.9M	275.4M	296.7M	211.9M	334.3M	227.5M
Short Term Debt	1.3M	1.5M	2.2M	2.5M	1.1M	1.8M

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Protagonist Short Term Debt vs Long Term Investments Analysis

Short Term Debt vs Long Term Investments

Short Term Debt vs Long Term Investments Correlation Analysis

Correlation Coefficient

Short Term Debt

Long Term Investments

Protagonist Therapeutics fundamental ratios Correlations

Protagonist Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Protagonist Therapeutics fundamental ratios Accounts

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Additional Tools for Protagonist Stock Analysis

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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
Net Tangible Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Net Tangible Assets

Cash	- 1.0	Net Debt
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Cash	- 0.92	Retained Earnings
Total Current Assets	- 0.87	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt
Net Debt	- 0.87	Total Assets