AnaptysBio Interest Expense vs Income Tax Expense Analysis

ANAB Stock  USD 22.27  1.10  5.20%   
AnaptysBio financial indicator trend analysis is way more than just evaluating AnaptysBio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AnaptysBio is a good investment. Please check the relationship between AnaptysBio Interest Expense and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnaptysBio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.

Interest Expense vs Income Tax Expense

Interest Expense vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AnaptysBio Interest Expense account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AnaptysBio's Interest Expense and Income Tax Expense is -0.32. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of AnaptysBio, assuming nothing else is changed. The correlation between historical values of AnaptysBio's Interest Expense and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of AnaptysBio are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Expense i.e., AnaptysBio's Interest Expense and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Income Tax Expense

Most indicators from AnaptysBio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AnaptysBio 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 AnaptysBio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.At present, AnaptysBio's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 2.57, whereas Tax Provision is forecasted to decline to (4.2 K).
 2021 2022 2023 2024 (projected)
Interest Expense1.5M21.1M18.1M19.0M
Depreciation And Amortization2.1M2.3M2.4M2.0M

AnaptysBio fundamental ratios Correlations

0.660.550.820.820.690.8-0.64-0.720.50.660.86-0.180.990.79-0.460.620.770.780.650.640.990.620.790.660.93
0.660.50.490.280.760.49-0.32-0.580.00.370.720.050.610.35-0.520.750.520.570.740.720.620.480.30.570.64
0.550.50.640.080.840.53-0.1-0.950.110.130.43-0.220.550.52-0.280.890.810.910.90.90.560.120.460.970.77
0.820.490.640.590.570.87-0.27-0.80.680.30.63-0.110.820.77-0.510.590.810.710.620.60.830.480.70.630.85
0.820.280.080.590.170.64-0.67-0.270.60.680.64-0.060.840.62-0.410.080.50.390.110.110.830.630.680.20.64
0.690.760.840.570.170.54-0.35-0.870.060.390.67-0.260.660.55-0.240.980.680.870.980.980.670.250.520.890.8
0.80.490.530.870.640.54-0.51-0.660.520.530.59-0.120.820.71-0.630.510.690.690.540.520.820.330.680.590.76
-0.64-0.32-0.1-0.27-0.67-0.35-0.510.2-0.26-1.0-0.36-0.01-0.68-0.390.27-0.19-0.28-0.46-0.19-0.26-0.68-0.14-0.44-0.3-0.46
-0.72-0.58-0.95-0.8-0.27-0.87-0.660.2-0.35-0.24-0.580.21-0.71-0.660.33-0.91-0.88-0.92-0.93-0.92-0.72-0.29-0.6-0.94-0.89
0.50.00.110.680.60.060.52-0.26-0.350.250.310.240.520.41-0.330.050.410.230.090.080.520.260.410.090.46
0.660.370.130.30.680.390.53-1.0-0.240.250.40.010.710.4-0.290.240.310.490.240.30.70.170.450.330.5
0.860.720.430.630.640.670.59-0.36-0.580.310.4-0.230.80.65-0.350.620.530.610.630.590.80.650.680.520.76
-0.180.05-0.22-0.11-0.06-0.26-0.12-0.010.210.240.01-0.23-0.16-0.64-0.41-0.23-0.18-0.23-0.23-0.26-0.16-0.37-0.66-0.25-0.27
0.990.610.550.820.840.660.82-0.68-0.710.520.710.8-0.160.79-0.460.590.790.790.620.621.00.590.790.660.93
0.790.350.520.770.620.550.71-0.39-0.660.410.40.65-0.640.79-0.040.510.670.670.530.540.790.590.980.590.8
-0.46-0.52-0.28-0.51-0.41-0.24-0.630.270.33-0.33-0.29-0.35-0.41-0.46-0.04-0.26-0.46-0.32-0.29-0.25-0.47-0.25-0.03-0.27-0.43
0.620.750.890.590.080.980.51-0.19-0.910.050.240.62-0.230.590.51-0.260.710.861.00.990.60.230.460.90.78
0.770.520.810.810.50.680.69-0.28-0.880.410.310.53-0.180.790.67-0.460.710.820.740.750.80.520.630.80.92
0.780.570.910.710.390.870.69-0.46-0.920.230.490.61-0.230.790.67-0.320.860.820.870.870.790.20.650.970.88
0.650.740.90.620.110.980.54-0.19-0.930.090.240.63-0.230.620.53-0.291.00.740.870.990.620.260.480.910.81
0.640.720.90.60.110.980.52-0.26-0.920.080.30.59-0.260.620.54-0.250.990.750.870.990.630.250.490.910.81
0.990.620.560.830.830.670.82-0.68-0.720.520.70.8-0.161.00.79-0.470.60.80.790.620.630.590.790.670.93
0.620.480.120.480.630.250.33-0.14-0.290.260.170.65-0.370.590.59-0.250.230.520.20.260.250.590.60.140.6
0.790.30.460.70.680.520.68-0.44-0.60.410.450.68-0.660.790.98-0.030.460.630.650.480.490.790.60.550.79
0.660.570.970.630.20.890.59-0.3-0.940.090.330.52-0.250.660.59-0.270.90.80.970.910.910.670.140.550.81
0.930.640.770.850.640.80.76-0.46-0.890.460.50.76-0.270.930.8-0.430.780.920.880.810.810.930.60.790.81
Click cells to compare fundamentals

AnaptysBio Account Relationship Matchups

AnaptysBio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets435.2M416.6M643.1M610.4M452.4M354.3M
Short Long Term Debt Total2.2M342K21.0M19.5M17.8M10.8M
Other Current Liab871K15.3M11.3M20.0M29.2M30.6M
Total Current Liabilities29.5M19.8M16.1M26.1M37.4M19.3M
Total Stockholder Equity405.0M396.7M356.4M262.1M88.1M83.7M
Property Plant And Equipment Net1.6M1.8M21.8M20.0M18.3M19.2M
Net Debt(168.8M)(250.1M)(474.8M)(51.9M)(18.2M)(19.1M)
Retained Earnings(244.0M)(264.0M)(321.8M)(450.5M)(614.1M)(583.4M)
Accounts Payable16.2M4.2M1.7M2.8M4.7M4.2M
Cash171.0M250.5M495.7M71.3M36.0M34.2M
Non Current Assets Total57.5M20.0M89.2M163.2M45.6M53.5M
Non Currrent Assets Other208K1.5M662K256K230.4K218.9K
Cash And Short Term Investments374.2M393.7M548.1M441.2M390.9M295.2M
Common Stock Shares Outstanding27.1M27.3M27.4M28.2M26.9M21.0M
Liabilities And Stockholders Equity435.2M416.6M643.1M610.4M452.4M354.3M
Non Current Liabilities Total654K4.6M270.5M322.2M326.8M343.2M
Other Current Assets3.5M5.8M4.9M4.5M9.1M9.5M
Other Stockholder Equity213.5M660.7M678.6M717.8M703.0M738.1M
Total Liab30.2M19.8M286.6M348.3M364.3M382.5M
Property Plant And Equipment Gross1.6M1.8M21.8M20.0M24.5M25.7M
Total Current Assets377.7M396.6M553.9M447.2M406.8M300.8M
Accumulated Other Comprehensive Income338K(4K)(422K)(5.2M)(797K)(836.9K)
Short Term Debt2.2M342K3.0M3.3M3.6M2.8M
Other Liab796K654K251.1M304.4M350.1M367.6M
Net Tangible Assets405.0M396.7M627.0M584.3M672.0M705.6M
Other Assets208K139K18.2M256K294.4K279.7K
Property Plant Equipment3.0M1.8M2.3M2.1M2.4M1.6M
Capital Surpluse648.7M660.7M678.6M717.8M825.5M517.6M
Retained Earnings Total Equity(244.0M)(264.0M)(321.8M)(450.5M)(405.4M)(385.2M)
Short Term Investments203.2M143.2M52.4M369.9M354.9M252.1M
Capital Lease Obligations871K342K21.0M19.5M17.8M9.4M
Net Invested Capital406.4M396.7M356.4M262.1M88.1M83.7M
Long Term Investments54.3M17.5M67.1M142.9M27.0M25.7M

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When determining whether AnaptysBio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AnaptysBio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Anaptysbio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anaptysbio Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AnaptysBio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade AnaptysBio Stock refer to our How to Trade AnaptysBio Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AnaptysBio. If investors know AnaptysBio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AnaptysBio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.05)
Revenue Per Share
2.086
Quarterly Revenue Growth
8.047
Return On Assets
(0.18)
Return On Equity
(1.62)
The market value of AnaptysBio is measured differently than its book value, which is the value of AnaptysBio that is recorded on the company's balance sheet. Investors also form their own opinion of AnaptysBio's value that differs from its market value or its book value, called intrinsic value, which is AnaptysBio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AnaptysBio's market value can be influenced by many factors that don't directly affect AnaptysBio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AnaptysBio's value and its price as these two are different measures arrived at by different means. Investors typically determine if AnaptysBio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AnaptysBio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.