Cassava Sciences Financials

SAVA Stock  USD 26.48  5.70  17.71%   
Based on the key indicators related to Cassava Sciences' liquidity, profitability, solvency, and operating efficiency, Cassava Sciences may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Cassava Sciences' Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 11.1 M, whereas Total Assets are forecasted to decline to about 114.4 M. Key indicators impacting Cassava Sciences' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio7.0E-47.0E-4
Notably Down
Slightly volatile
Current Ratio15.749.1323
Way Up
Very volatile
The essential information of the day-to-day investment outlook for Cassava Sciences includes many different criteria found on its balance sheet. An individual investor should monitor Cassava Sciences' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Cassava Sciences.

Net Income

(92.36 Million)

  
Understanding current and past Cassava Sciences Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cassava Sciences' financial statements are interrelated, with each one affecting the others. For example, an increase in Cassava Sciences' assets may result in an increase in income on the income statement.
Please note, the presentation of Cassava Sciences' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cassava Sciences' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cassava Sciences' management manipulating its earnings.

Cassava Sciences Stock Summary

Cassava Sciences competes with Annovis Bio, Axsome Therapeutics, Reviva Pharmaceuticals, Seres Therapeutics, and Anavex Life. Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Cassava Sciences, Inc. was incorporated in 1998 and is based in Austin, Texas. Cassava Sciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 24 people.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS14817C1071
CUSIP14817C107 69562K100 69562K506
LocationTexas; U.S.A
Business Address6801 N Capital
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.cassavasciences.com
Phone512 501 2444
CurrencyUSD - US Dollar

Cassava Sciences Key Financial Ratios

Cassava Sciences Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets23.5M94.3M266.8M234.8M151.7M114.4M
Net Debt(23.0M)(93.2M)(233.2M)(200.9M)(121.1M)(115.1M)
Retained Earnings(168.6M)(174.9M)(207.3M)(283.6M)(380.8M)(361.7M)
Accounts Payable453K911K7.1M4.0M10.6M11.1M
Cash23.1M93.5M233.4M201.0M121.1M69.6M
Other Current Assets268K945K11.0M11.1M7.5M7.9M
Total Liab1.4M2.1M12.9M7.3M14.2M24.9M
Total Current Assets23.3M94.0M244.5M211.2M129.6M110.4M
Common Stock190.7M267.1M461.2M511.1M42K39.9K
Other Current Liab9K838K5.2M2.8M3.6M3.8M
Net Tangible Assets22.1M92.2M252.8M226.9M261.0M274.0M
Capital Surpluse183.6M190.7M267.1M461.2M530.4M556.9M
Net Invested Capital22.1M92.2M253.9M227.5M137.5M119.8M
Net Working Capital22.0M92.1M231.9M204.2M115.4M109.2M
Capital Stock22K35K40K42K48.3K36.3K

Cassava Sciences Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.3M70.4M139.9M(32.4M)(79.9M)(75.9M)
Free Cash Flow(2.5M)(5.4M)(52.4M)(80.2M)(82.4M)(78.3M)
Other Non Cash Items1.3M(346K)(3.4M)8.1M6.9M7.2M
Net Income(4.6M)(6.3M)(32.4M)(76.2M)(97.2M)(92.4M)
End Period Cash Flow23.1M93.5M233.4M201.0M121.1M69.1M
Investments(18K)360K(22.2M)(2.7M)(414K)(393.3K)
Change To Netincome1.3M642K1.8M2.1M1.9M2.6M

Cassava Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cassava Sciences's current stock value. Our valuation model uses many indicators to compare Cassava Sciences value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cassava Sciences competition to find correlations between indicators driving Cassava Sciences's intrinsic value. More Info.
Cassava Sciences is rated fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Cassava Sciences' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cassava Sciences' earnings, one of the primary drivers of an investment's value.

Cassava Sciences Systematic Risk

Cassava Sciences' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cassava Sciences volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Cassava Sciences correlated with the market. If Beta is less than 0 Cassava Sciences generally moves in the opposite direction as compared to the market. If Cassava Sciences Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cassava Sciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cassava Sciences is generally in the same direction as the market. If Beta > 1 Cassava Sciences moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Cassava Sciences Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cassava Sciences' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cassava Sciences growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.34)

At present, Cassava Sciences' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Cassava Sciences November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cassava Sciences help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cassava Sciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cassava Sciences based on widely used predictive technical indicators. In general, we focus on analyzing Cassava Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cassava Sciences's daily price indicators and compare them against related drivers.

Complementary Tools for Cassava Stock analysis

When running Cassava Sciences' price analysis, check to measure Cassava Sciences' 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 Cassava Sciences is operating at the current time. Most of Cassava Sciences' value examination focuses on studying past and present price action to predict the probability of Cassava Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassava Sciences' price. Additionally, you may evaluate how the addition of Cassava Sciences to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities