Annexon Change To Liabilities vs Capital Expenditures Analysis

ANNX Stock  USD 5.14  0.03  0.58%   
Annexon financial indicator trend analysis is way more than just evaluating Annexon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Annexon is a good investment. Please check the relationship between Annexon Change To Liabilities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Annexon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Annexon Stock please use our How to Invest in Annexon guide.

Change To Liabilities vs Capital Expenditures

Change To Liabilities vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Annexon Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Annexon's Change To Liabilities and Capital Expenditures is 0.4. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Annexon, assuming nothing else is changed. The correlation between historical values of Annexon's Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Annexon are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Annexon's Change To Liabilities and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Liabilities

Capital Expenditures

Capital Expenditures are funds used by Annexon to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Annexon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Annexon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annexon 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 Annexon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Annexon Stock please use our How to Invest in Annexon guide.Tax Provision is likely to drop to -6,038 in 2024. Selling General Administrative is likely to drop to about 19.2 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.1M2.1M2.1M1.5M
Interest Income390K3.7M9.7M10.2M

Annexon fundamental ratios Correlations

0.930.91.0-0.950.96-0.790.810.920.721.0-0.880.920.790.811.00.840.660.75-0.790.750.620.960.720.660.89
0.930.960.9-0.940.88-0.850.860.80.680.91-0.880.910.850.910.910.820.710.87-0.620.870.630.950.820.790.96
0.90.960.85-0.890.85-0.860.950.70.660.86-0.820.90.880.980.860.820.870.96-0.50.960.580.940.830.91.0
1.00.90.85-0.940.96-0.750.760.940.721.0-0.870.890.740.751.00.820.60.69-0.830.690.620.930.680.580.84
-0.95-0.94-0.89-0.94-0.870.82-0.81-0.87-0.6-0.940.97-0.89-0.8-0.82-0.94-0.83-0.67-0.770.7-0.78-0.8-0.92-0.83-0.66-0.87
0.960.880.850.96-0.87-0.830.760.90.640.96-0.80.950.830.760.960.90.620.72-0.850.720.510.930.660.640.86
-0.79-0.85-0.86-0.750.82-0.83-0.73-0.72-0.25-0.760.78-0.96-0.99-0.86-0.76-0.98-0.66-0.860.64-0.86-0.57-0.88-0.91-0.81-0.87
0.810.860.950.76-0.810.76-0.730.530.70.77-0.740.790.780.940.770.690.950.93-0.320.930.540.820.70.880.94
0.920.80.70.94-0.870.9-0.720.530.520.94-0.820.840.670.590.940.80.370.52-0.940.520.590.870.660.410.68
0.720.680.660.72-0.60.64-0.250.70.520.72-0.520.470.30.560.720.290.540.49-0.350.480.290.610.20.420.66
1.00.910.861.0-0.940.96-0.760.770.940.72-0.880.90.750.761.00.820.610.7-0.820.70.610.940.680.590.85
-0.88-0.88-0.82-0.870.97-0.80.78-0.74-0.82-0.52-0.88-0.83-0.76-0.75-0.88-0.79-0.6-0.70.65-0.71-0.83-0.82-0.78-0.58-0.8
0.920.910.90.89-0.890.95-0.960.790.840.470.9-0.830.960.850.90.980.680.83-0.770.830.570.940.820.760.91
0.790.850.880.74-0.80.83-0.990.780.670.30.75-0.760.960.890.750.970.730.89-0.590.890.520.880.880.850.9
0.810.910.980.75-0.820.76-0.860.940.590.560.76-0.750.850.890.760.790.910.99-0.370.990.490.890.840.970.97
1.00.910.861.0-0.940.96-0.760.770.940.721.0-0.880.90.750.760.820.610.7-0.820.70.610.940.680.60.85
0.840.820.820.82-0.830.9-0.980.690.80.290.82-0.790.980.970.790.820.610.78-0.770.780.550.890.840.720.83
0.660.710.870.6-0.670.62-0.660.950.370.540.61-0.60.680.730.910.610.610.92-0.140.920.40.720.660.910.85
0.750.870.960.69-0.770.72-0.860.930.520.490.7-0.70.830.890.990.70.780.92-0.321.00.460.860.840.980.96
-0.79-0.62-0.5-0.830.7-0.850.64-0.32-0.94-0.35-0.820.65-0.77-0.59-0.37-0.82-0.77-0.14-0.32-0.31-0.46-0.72-0.49-0.21-0.5
0.750.870.960.69-0.780.72-0.860.930.520.480.7-0.710.830.890.990.70.780.921.0-0.310.490.860.860.980.96
0.620.630.580.62-0.80.51-0.570.540.590.290.61-0.830.570.520.490.610.550.40.46-0.460.490.550.70.310.54
0.960.950.940.93-0.920.93-0.880.820.870.610.94-0.820.940.880.890.940.890.720.86-0.720.860.550.840.790.93
0.720.820.830.68-0.830.66-0.910.70.660.20.68-0.780.820.880.840.680.840.660.84-0.490.860.70.840.780.81
0.660.790.90.58-0.660.64-0.810.880.410.420.59-0.580.760.850.970.60.720.910.98-0.210.980.310.790.780.91
0.890.961.00.84-0.870.86-0.870.940.680.660.85-0.80.910.90.970.850.830.850.96-0.50.960.540.930.810.91
Click cells to compare fundamentals

Annexon Account Relationship Matchups

Annexon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.9M355.9M287.0M285.1M297.7M209.3M
Other Current Liab2.6M6.9M8.2M12.3M8.1M6.4M
Total Current Liabilities4.9M10.6M21.7M22.4M17.9M13.2M
Total Stockholder Equity43.5M344.3M231.9M231.2M250.6M179.5M
Net Tangible Assets(100.5M)344.3M231.9M231.2M265.9M279.2M
Retained Earnings(102.6M)(166.0M)(296.3M)(438.3M)(572.5M)(543.9M)
Accounts Payable2.4M3.7M11.2M7.4M5.5M5.2M
Cash43.9M268.6M74.8M140.0M225.1M125.7M
Other Assets98K0.01.2M1.0M1.00.95
Cash And Short Term Investments43.9M351.2M242.7M242.7M259.7M186.6M
Capital Surpluse2.2M510.3M528.4M669.8M770.2M808.8M
Other Stockholder Equity2.2M154.4M528.4M669.8M823.0M864.2M
Total Liab6.4M11.7M55.1M53.9M47.1M29.8M
Total Current Assets45.4M354.0M247.7M248.1M263.9M190.1M
Property Plant Equipment2.1M1.9M38.2M16.8M19.4M11.8M
Property Plant And Equipment Net2.1M1.9M38.2M36.0M32.8M20.8M
Net Debt(43.9M)(268.6M)(40.3M)(107.2M)(193.8M)(184.1M)
Non Current Assets Total4.5M1.9M39.3M37.0M33.8M21.8M
Common Stock Shares Outstanding38.2M17.0M38.3M54.7M75.7M43.1M
Liabilities And Stockholders Equity49.9M355.9M287.0M285.1M297.7M242.7M
Non Current Liabilities Total1.4M1.0M33.4M31.5M29.2M19.0M
Other Current Assets1.4M2.8M5.0M5.4M4.1M3.7M
Net Invested Capital(100.5M)344.3M231.9M231.2M250.6M163.8M
Property Plant And Equipment Gross2.1M1.9M38.2M36.0M37.8M21.7M
Accumulated Other Comprehensive Income(80K)(77K)(180K)(372K)(52K)(54.6K)
Capital Stock144.0M38K39K48K78K74.1K
Net Working Capital40.5M343.4M225.9M225.7M245.9M206.0M

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