Belite Cash And Short Term Investments from 2010 to 2024

BLTE Stock  USD 63.26  4.18  6.20%   
Belite Bio's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 47.6 M. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
88.2 M
Current Value
47.6 M
Quarterly Volatility
17.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Belite Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Belite Bio's main balance sheet or income statement drivers, such as Tax Provision of 5.2 K, Net Interest Income of 51.5 K or Interest Income of 77.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.13. Belite financial statements analysis is a perfect complement when working with Belite Bio Valuation or Volatility modules.
  
Check out the analysis of Belite Bio Correlation against competitors.

Latest Belite Bio's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Belite Bio ADR over the last few years. Short Term Investments is an account in the current assets section of Belite Bio ADR balance sheet. This account contains Belite Bio investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Belite Bio ADR fairly quickly. It is 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. Belite Bio's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Belite Bio's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Belite Cash And Short Term Investments Regression Statistics

Arithmetic Mean31,801,347
Geometric Mean29,198,790
Coefficient Of Variation54.22
Mean Deviation10,996,555
Median25,618,000
Standard Deviation17,241,971
Sample Variance297.3T
Range70.8M
R-Value0.54
Mean Square Error228.2T
R-Squared0.29
Significance0.04
Slope2,066,401
Total Sum of Squares4162T

Belite Cash And Short Term Investments History

202447.6 M
202388.2 M
202242.1 M
202117.3 M

About Belite Bio Financial Statements

Belite Bio stakeholders use historical fundamental indicators, such as Belite Bio's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Belite Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Belite Bio's assets and liabilities are reflected in the revenues and expenses on Belite Bio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Belite Bio ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments88.2 M47.6 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Belite Bio ADR is a strong investment it is important to analyze Belite Bio's 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 Belite Bio's future performance. For an informed investment choice regarding Belite Stock, refer to the following important reports:
Check out the analysis of Belite Bio Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Biotechnology 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 Belite Bio. If investors know Belite 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 Belite Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.10)
Return On Assets
(0.26)
Return On Equity
(0.40)
The market value of Belite Bio ADR is measured differently than its book value, which is the value of Belite that is recorded on the company's balance sheet. Investors also form their own opinion of Belite Bio's value that differs from its market value or its book value, called intrinsic value, which is Belite Bio'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 Belite Bio's market value can be influenced by many factors that don't directly affect Belite Bio'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 Belite Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belite Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belite Bio'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.