Tectonic Therapeutic, Stock Current Asset
| TECX Stock | 48.85 0.39 0.80% |
Tectonic Therapeutic, fundamentals help investors to digest information that contributes to Tectonic Therapeutic,'s financial success or failures. It also enables traders to predict the movement of Tectonic Stock. The fundamental analysis module provides a way to measure Tectonic Therapeutic,'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 Tectonic Therapeutic, stock.
Other Current Assets is likely to rise to about 2.1 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 790.4 K in 2024. Tectonic | Current Asset |
Tectonic Therapeutic, Company Current Asset Analysis
Tectonic Therapeutic,'s Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Tectonic Current Asset Historical Pattern
Today, most investors in Tectonic Therapeutic, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tectonic Therapeutic,'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 current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tectonic Therapeutic, current asset as a starting point in their analysis.
Tectonic Therapeutic, Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Tectonic Total Assets
Total Assets |
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In accordance with the recently published financial statements, Tectonic Therapeutic, has a Current Asset of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Tectonic Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tectonic Therapeutic,'s direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tectonic Therapeutic, could also be used in its relative valuation, which is a method of valuing Tectonic Therapeutic, by comparing valuation metrics of similar companies.Tectonic Therapeutic, is currently under evaluation in current asset category among its peers.
Tectonic Therapeutic, Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tectonic Therapeutic, from analyzing Tectonic Therapeutic,'s financial statements. These drivers represent accounts that assess Tectonic Therapeutic,'s ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tectonic Therapeutic,'s important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 552.2M | 504.7M | 165.0M | 31.1M | 60.3M | 57.3M | |
| Enterprise Value | 365.2M | 245.0M | (9.6M) | (45.3M) | 35.9M | 34.1M |
Tectonic Fundamentals
| Current Valuation | 83.39 M | ||||
| Shares Outstanding | 14.73 M | ||||
| Shares Owned By Insiders | 39.39 % | ||||
| Shares Owned By Institutions | 43.43 % | ||||
| Number Of Shares Shorted | 439.27 K | ||||
| Price To Book | 1.59 X | ||||
| EBITDA | (43.17 M) | ||||
| Net Income | (42.82 M) | ||||
| Total Debt | 4.34 M | ||||
| Book Value Per Share | 11.29 X | ||||
| Cash Flow From Operations | (40.68 M) | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | (3.07) X | ||||
| Target Price | 60.0 | ||||
| Number Of Employees | 44 | ||||
| Market Capitalization | 265.07 M | ||||
| Total Asset | 101.09 M | ||||
| Retained Earnings | (477.27 M) | ||||
| Working Capital | 29.2 M | ||||
| Net Asset | 101.09 M |
About Tectonic Therapeutic, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tectonic Therapeutic,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tectonic Therapeutic, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tectonic Therapeutic, 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.
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When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'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 Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.