Arbutus Total Assets vs Common Stock Total Equity Analysis
ABUS Stock | USD 3.46 0.01 0.29% |
Arbutus Biopharma financial indicator trend analysis is way more than just evaluating Arbutus Biopharma Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arbutus Biopharma Corp is a good investment. Please check the relationship between Arbutus Biopharma Total Assets and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arbutus Biopharma Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Total Assets vs Common Stock Total Equity
Total Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arbutus Biopharma Corp Total Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Arbutus Biopharma's Total Assets and Common Stock Total Equity is 0.32. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Arbutus Biopharma Corp, assuming nothing else is changed. The correlation between historical values of Arbutus Biopharma's Total Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Arbutus Biopharma Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Assets i.e., Arbutus Biopharma's Total Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Arbutus Biopharma assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arbutus Biopharma Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Arbutus Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arbutus Biopharma Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arbutus Biopharma Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Arbutus Biopharma's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 2.32 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
Arbutus Biopharma fundamental ratios Correlations
Click cells to compare fundamentals
Arbutus Biopharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arbutus Biopharma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 105.5M | 137.1M | 204.5M | 195.4M | 144.4M | 124.4M | |
Other Current Liab | 253K | 5.8M | 7.3M | 20.5M | 9.9M | 10.4M | |
Total Current Liabilities | 7.8M | 9.5M | 11.2M | 32.9M | 22.5M | 23.6M | |
Total Stockholder Equity | 72.7M | 102.0M | 169.4M | 136.9M | 106.0M | 93.5M | |
Property Plant And Equipment Net | 11.4M | 9.3M | 8.1M | 6.8M | 6.1M | 4.8M | |
Net Debt | (28.4M) | (49.3M) | (106.7M) | (28.6M) | (17.6M) | (18.4M) | |
Retained Earnings | (970.1M) | (1.0B) | (1.1B) | (1.2B) | (1.3B) | (1.2B) | |
Cash | 31.8M | 52.3M | 109.3M | 30.8M | 26.3M | 39.9M | |
Non Current Assets Total | 11.7M | 9.4M | 43.8M | 44.3M | 12.4M | 11.8M | |
Non Currrent Assets Other | 293K | 44K | 61K | 103K | 92.7K | 88.1K | |
Cash And Short Term Investments | 90.8M | 123.3M | 155.3M | 146.9M | 126.0M | 73.6M | |
Net Receivables | 1.2M | 1.3M | 899K | 1.4M | 1.8M | 1.3M | |
Common Stock Total Equity | 898.5M | 985.9M | 1.3B | 1.3B | 1.5B | 1.6B | |
Common Stock Shares Outstanding | 57.1M | 75.8M | 106.2M | 150.9M | 166.0M | 174.3M | |
Short Term Investments | 59.0M | 71.0M | 46.0M | 116.1M | 99.7M | 104.7M | |
Liabilities And Stockholders Equity | 105.5M | 137.1M | 204.5M | 195.4M | 144.4M | 124.4M | |
Non Current Liabilities Total | 25.0M | 25.6M | 23.8M | 25.7M | 15.9M | 25.0M | |
Other Current Assets | 1.8M | 6.2M | 8.9M | 2.9M | 4.2M | 4.5M | |
Other Stockholder Equity | 55.2M | 60.8M | 65.5M | 72.4M | 81.3M | 85.3M | |
Total Liab | 32.8M | 35.1M | 35.0M | 58.6M | 38.4M | 31.0M | |
Property Plant And Equipment Gross | 11.4M | 9.3M | 8.1M | 6.8M | 18.0M | 18.9M | |
Total Current Assets | 93.8M | 127.7M | 160.7M | 151.1M | 132.0M | 76.6M | |
Common Stock | 898.5M | 985.9M | 1.3B | 1.3B | 1.3B | 1.4B | |
Other Liab | 21.9M | 23.0M | 21.6M | 23.9M | 27.5M | 18.6M | |
Net Tangible Assets | (64.5M) | (47.4M) | 169.4M | 136.9M | 157.4M | 165.2M | |
Accounts Payable | 2.4M | 3.0M | 3.2M | 3.5M | 3.2M | 2.5M | |
Retained Earnings Total Equity | (970.1M) | (1.0B) | (1.1B) | (1.2B) | (1.1B) | (1.0B) | |
Preferred Stock Total Equity | 49.8M | 126.1M | 137.3M | 149.4M | 171.8M | 180.4M | |
Accumulated Other Comprehensive Income | (48.2M) | (48.2M) | (48.3M) | (50.5M) | (48.4M) | (46.0M) | |
Property Plant Equipment | 8.7M | 6.9M | 6.0M | 5.1M | 5.8M | 4.5M | |
Capital Surpluse | 55.2M | 60.8M | 65.5M | 72.4M | 83.3M | 53.5M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Arbutus Stock Analysis
When running Arbutus Biopharma's price analysis, check to measure Arbutus Biopharma'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 Arbutus Biopharma is operating at the current time. Most of Arbutus Biopharma's value examination focuses on studying past and present price action to predict the probability of Arbutus Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arbutus Biopharma's price. Additionally, you may evaluate how the addition of Arbutus Biopharma to your portfolios can decrease your overall portfolio volatility.