Axsome Total Current Liabilities vs Total Stockholder Equity Analysis
AXSM Stock | USD 98.68 0.49 0.50% |
Axsome Therapeutics financial indicator trend analysis is way more than just evaluating Axsome Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axsome Therapeutics is a good investment. Please check the relationship between Axsome Therapeutics Total Current Liabilities and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axsome Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Axsome Stock, please use our How to Invest in Axsome Therapeutics guide.
Total Current Liabilities vs Total Stockholder Equity
Total Current Liabilities vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axsome Therapeutics Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Axsome Therapeutics' Total Current Liabilities and Total Stockholder Equity is 0.57. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Axsome Therapeutics, assuming nothing else is changed. The correlation between historical values of Axsome Therapeutics' Total Current Liabilities and Total Stockholder 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 Total Current Liabilities of Axsome Therapeutics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Axsome Therapeutics' Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Axsome Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Axsome Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Axsome Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axsome 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axsome Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Axsome Stock, please use our How to Invest in Axsome Therapeutics guide.At this time, Axsome Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 1 M, while Sales General And Administrative To Revenue is likely to drop 0.78.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.7M | 7.3M | 6.5M | 6.8M | Depreciation And Amortization | 1.2M | 5.6M | 6.8M | 7.2M |
Axsome Therapeutics fundamental ratios Correlations
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Axsome Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axsome Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 220.5M | 186.1M | (338.4M) | 331.5M | 588.2M | 617.6M | |
Short Long Term Debt Total | 19.9M | 50.1M | 49.7M | 94.7M | 186.4M | 195.7M | |
Other Current Liab | 683.2K | 8.7M | 9.3M | 57.5M | 95.6M | 100.4M | |
Total Current Liabilities | 24.5M | 23.4M | 23.1M | 96.6M | 138.9M | 145.8M | |
Total Stockholder Equity | (175.9M) | (278.8M) | (409.2M) | 109.6M | 191.0M | 200.5M | |
Net Debt | (200.0M) | (133.8M) | (36.8M) | (106.2M) | (199.8M) | (189.8M) | |
Retained Earnings | (175.9M) | (278.8M) | (409.2M) | (596.3M) | (835.6M) | (793.8M) | |
Accounts Payable | 10.9M | 13.5M | 13.1M | 38.6M | 40.7M | 42.7M | |
Cash | 220.0M | 183.9M | 86.5M | 200.8M | 386.2M | 405.5M | |
Cash And Short Term Investments | 220.0M | 183.9M | 86.5M | 200.8M | 386.2M | 405.5M | |
Common Stock Total Equity | 3.0K | 3.7K | 3.7K | 3.8K | 4.3K | 2.7K | |
Common Stock Shares Outstanding | 34.0M | 37.2M | 37.6M | 40.7M | 45.4M | 30.1M | |
Liabilities And Stockholders Equity | (134.1M) | (206.5M) | (338.4M) | 331.5M | 588.2M | 617.6M | |
Other Current Assets | 413.1K | 148.4K | 45.3K | 5.6M | 8.1M | 8.5M | |
Other Stockholder Equity | (3.7K) | 392.6M | 424.8M | 705.9M | 1.0B | 1.1B | |
Total Liab | 41.8M | 72.3M | 70.8M | 221.9M | 397.3M | 417.1M | |
Total Current Assets | 220.4M | 184.0M | 86.5M | 245.6M | 504.3M | 529.5M | |
Short Term Debt | 2.6M | 1.2M | 620.7K | 425K | 2.5M | 1.4M | |
Common Stock | 3.7K | 3.7K | 3.8K | 4.4K | 5K | 3.2K | |
Net Tangible Assets | 178.7M | 113.8M | 15.6M | 39.6M | 45.5M | 52.6M | |
Non Current Assets Total | 170.5K | 2.1M | 1.3M | 85.8M | 84.0M | 88.2M | |
Non Currrent Assets Other | 139.9K | 317.4K | 322.9K | 14.7M | 11.0M | 11.6M | |
Other Assets | 139.9K | 2.1M | (426.1M) | 14.7M | 13.2M | 13.9M | |
Long Term Debt | 17.3M | 48.3M | 49.1M | 94.3M | 178.1M | 187.0M | |
Non Current Liabilities Total | 17.3M | 48.9M | 49.1M | 125.4M | 258.4M | 271.3M | |
Property Plant And Equipment Net | 30.6K | 1.8M | 944.0K | 1.1M | 7.6M | 8.0M | |
Property Plant And Equipment Gross | 30.6K | 1.8M | 944.0K | 1.1M | 7.6M | 8.0M | |
Property Plant Equipment | 30.6K | 52.6K | 283.8K | 1.1M | 1.3M | 1.4M | |
Retained Earnings Total Equity | (107.6M) | (175.9M) | (278.8M) | (409.2M) | (368.3M) | (349.9M) | |
Long Term Debt Total | 3.6M | 17.3M | 48.3M | 49.1M | 56.5M | 59.3M | |
Capital Surpluse | 108.5M | 354.6M | 392.6M | 424.8M | 488.5M | 264.6M | |
Net Invested Capital | 198.7M | 162.1M | 64.7M | 203.8M | 369.0M | 387.5M | |
Net Working Capital | 195.9M | 160.6M | 63.5M | 149.1M | 365.4M | 383.7M | |
Capital Stock | 3.7K | 3.7K | 3.8K | 4.4K | 5K | 4.3K |
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Is Pharmaceuticals space 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 Axsome Therapeutics. If investors know Axsome 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 Axsome Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.58) | Revenue Per Share 7.108 | Quarterly Revenue Growth 0.813 | Return On Assets (0.26) | Return On Equity (1.72) |
The market value of Axsome Therapeutics is measured differently than its book value, which is the value of Axsome that is recorded on the company's balance sheet. Investors also form their own opinion of Axsome Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Axsome Therapeutics' 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 Axsome Therapeutics' market value can be influenced by many factors that don't directly affect Axsome Therapeutics' 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 Axsome Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Axsome Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axsome Therapeutics' 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.