Inhibrx Stock Cash Per Share

INBX Stock  USD 14.86  0.78  5.54%   
Inhibrx fundamentals help investors to digest information that contributes to Inhibrx's financial success or failures. It also enables traders to predict the movement of Inhibrx Stock. The fundamental analysis module provides a way to measure Inhibrx's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Inhibrx stock.
Last ReportedProjected for Next Year
Cash Per Share 5.90  6.19 
Cash Per Share is likely to rise to 6.19 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Inhibrx Company Cash Per Share Analysis

Inhibrx's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Inhibrx Cash Per Share

    
  4.52 X  
Most of Inhibrx's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Inhibrx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Inhibrx Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Inhibrx is extremely important. It helps to project a fair market value of Inhibrx Stock properly, considering its historical fundamentals such as Cash Per Share. Since Inhibrx's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Inhibrx's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Inhibrx's interrelated accounts and indicators.
-0.720.650.810.140.810.98-0.71-0.940.68-0.020.50.84-0.590.82-0.78-0.490.910.910.670.63
-0.72-0.63-0.97-0.17-0.97-0.70.570.76-0.970.26-0.87-0.940.75-0.960.590.81-0.83-0.83-0.97-0.9
0.65-0.630.690.680.710.76-0.3-0.850.56-0.20.60.66-0.720.68-0.82-0.30.710.710.50.52
0.81-0.970.690.181.00.81-0.62-0.850.97-0.360.860.99-0.761.0-0.71-0.720.860.860.960.9
0.14-0.170.680.180.210.280.46-0.380.07-0.120.210.1-0.680.17-0.630.060.110.11-0.030.0
0.81-0.970.711.00.210.81-0.6-0.860.97-0.360.870.99-0.781.0-0.73-0.720.850.850.950.89
0.98-0.70.760.810.280.81-0.65-0.980.67-0.080.530.83-0.650.82-0.87-0.410.90.90.630.62
-0.710.57-0.3-0.620.46-0.6-0.650.59-0.59-0.08-0.39-0.670.04-0.640.270.47-0.76-0.76-0.64-0.61
-0.940.76-0.85-0.85-0.38-0.86-0.980.59-0.720.16-0.62-0.870.73-0.860.890.45-0.91-0.91-0.68-0.67
0.68-0.970.560.970.070.970.67-0.59-0.72-0.430.90.96-0.710.97-0.59-0.750.760.760.990.93
-0.020.26-0.2-0.36-0.12-0.36-0.08-0.080.16-0.43-0.42-0.380.33-0.380.310.150.080.08-0.38-0.28
0.5-0.870.60.860.210.870.53-0.39-0.620.9-0.420.83-0.770.86-0.51-0.490.690.690.870.95
0.84-0.940.660.990.10.990.83-0.67-0.870.96-0.380.83-0.720.99-0.7-0.690.870.870.950.89
-0.590.75-0.72-0.76-0.68-0.78-0.650.040.73-0.710.33-0.77-0.72-0.760.810.39-0.6-0.6-0.63-0.67
0.82-0.960.681.00.171.00.82-0.64-0.860.97-0.380.860.99-0.76-0.73-0.690.860.860.950.9
-0.780.59-0.82-0.71-0.63-0.73-0.870.270.89-0.590.31-0.51-0.70.81-0.730.25-0.65-0.65-0.5-0.47
-0.490.81-0.3-0.720.06-0.72-0.410.470.45-0.750.15-0.49-0.690.39-0.690.25-0.54-0.54-0.79-0.56
0.91-0.830.710.860.110.850.9-0.76-0.910.760.080.690.87-0.60.86-0.65-0.541.00.760.81
0.91-0.830.710.860.110.850.9-0.76-0.910.760.080.690.87-0.60.86-0.65-0.541.00.760.81
0.67-0.970.50.96-0.030.950.63-0.64-0.680.99-0.380.870.95-0.630.95-0.5-0.790.760.760.93
0.63-0.90.520.90.00.890.62-0.61-0.670.93-0.280.950.89-0.670.9-0.47-0.560.810.810.93
Click cells to compare fundamentals

Inhibrx Cash Per Share Historical Pattern

Today, most investors in Inhibrx Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Inhibrx's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Inhibrx cash per share as a starting point in their analysis.
   Inhibrx Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Inhibrx Common Stock Shares Outstanding

Common Stock Shares Outstanding

38.17 Million

At this time, Inhibrx's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Inhibrx has a Cash Per Share of 4.52 times. This is 3.91% higher than that of the Biotechnology sector and 4.39% higher than that of the Health Care industry. The cash per share for all United States stocks is 9.78% higher than that of the company.

Inhibrx Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inhibrx's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Inhibrx could also be used in its relative valuation, which is a method of valuing Inhibrx by comparing valuation metrics of similar companies.
Inhibrx is currently under evaluation in cash per share category among its peers.

Inhibrx ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Inhibrx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Inhibrx's managers, analysts, and investors.
Environmental
Governance
Social

Inhibrx Fundamentals

About Inhibrx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Inhibrx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inhibrx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inhibrx based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

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.

Additional Tools for Inhibrx Stock Analysis

When running Inhibrx's price analysis, check to measure Inhibrx's 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 Inhibrx is operating at the current time. Most of Inhibrx's value examination focuses on studying past and present price action to predict the probability of Inhibrx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibrx's price. Additionally, you may evaluate how the addition of Inhibrx to your portfolios can decrease your overall portfolio volatility.