Annexon Deferred Long Term Liab vs Accounts Payable Analysis

ANNX Stock  USD 5.10  0.04  0.78%   
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 Deferred Long Term Liab and its Accounts Payable 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.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Annexon Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Annexon's Deferred Long Term Liab and Accounts Payable is -0.85. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Annexon, assuming nothing else is changed. The correlation between historical values of Annexon's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Annexon are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Annexon's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents Annexon obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Annexon are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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