Passage Cash from 2010 to 2026

PASG Stock  USD 10.02  0.91  9.99%   
Passage Bio's Cash is increasing over the last several years with slightly volatile swings. Cash is estimated to finish at about 61.9 M this year. Cash is the total amount of money in the form of currency that Passage Bio has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2018-12-31
Previous Quarter
57.6 M
Current Value
52.8 M
Quarterly Volatility
101.2 M
 
Covid
 
Interest Hikes
Check Passage Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Passage Bio's main balance sheet or income statement drivers, such as Net Interest Income of 2.7 M, Interest Income of 2.7 M or Depreciation And Amortization of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.53. Passage financial statements analysis is a perfect complement when working with Passage Bio Valuation or Volatility modules.
  
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Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
The Cash trend for Passage Bio offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Passage Bio is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Passage Bio's Cash Growth Pattern

Below is the plot of the Cash of Passage Bio over the last few years. Cash refers to the most liquid asset of Passage Bio, which is listed under current asset account on Passage Bio balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Passage Bio customers. The amounts must be unrestricted with restricted cash listed in a different Passage Bio account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Passage Bio's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Passage Bio's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Passage Cash Regression Statistics

Arithmetic Mean49,187,302
Geometric Mean37,573,121
Coefficient Of Variation91.75
Mean Deviation33,880,850
Median24,861,000
Standard Deviation45,129,140
Sample Variance2036.6T
Range137.2M
R-Value0.31
Mean Square Error1965.6T
R-Squared0.1
Significance0.23
Slope2,757,444
Total Sum of Squares32586.2T

Passage Cash History

202661.9 M
202533.8 M
202437.6 M
202321.7 M
202234.6 M
2021129 M
2020135 M

Other Fundumenentals of Passage Bio

Passage Bio Cash component correlations

About Passage Bio Financial Statements

Passage Bio stakeholders use historical fundamental indicators, such as Passage Bio's Cash, to determine how well the company is positioned to perform in the future. Although Passage Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Passage Bio's assets and liabilities are reflected in the revenues and expenses on Passage 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 Passage Bio. Please read more on our technical analysis and fundamental analysis pages.

Currently Active Assets on Macroaxis

When determining whether Passage Bio is a strong investment it is important to analyze Passage 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 Passage Bio's future performance. For an informed investment choice regarding Passage Stock, refer to the following important reports:
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Can Biotechnology industry sustain growth momentum? Does Passage have expansion opportunities? Factors like these will boost the valuation of Passage Bio. Anticipated expansion of Passage directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Passage Bio demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(12.46)
Return On Assets
(0.32)
Return On Equity
(0.87)
Investors evaluate Passage Bio using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Passage Bio's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Passage Bio's market price to deviate significantly from intrinsic value.
It's important to distinguish between Passage Bio's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Passage Bio should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Passage Bio's market price signifies the transaction level at which participants voluntarily complete trades.