Aptevo Property Plant And Equipment Gross vs Net Receivables Analysis

APVO Stock  USD 0.34  0.03  9.68%   
Aptevo Therapeutics financial indicator trend analysis is way more than just evaluating Aptevo Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptevo Therapeutics is a good investment. Please check the relationship between Aptevo Therapeutics Property Plant And Equipment Gross and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptevo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Aptevo Stock, please use our How to Invest in Aptevo Therapeutics guide.

Property Plant And Equipment Gross vs Net Receivables

Property Plant And Equipment Gross vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aptevo Therapeutics Property Plant And Equipment Gross account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aptevo Therapeutics' Property Plant And Equipment Gross and Net Receivables is -0.53. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Aptevo Therapeutics, assuming nothing else is changed. The correlation between historical values of Aptevo Therapeutics' Property Plant And Equipment Gross and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Aptevo Therapeutics are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Gross i.e., Aptevo Therapeutics' Property Plant And Equipment Gross and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Net Receivables

Most indicators from Aptevo Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptevo Therapeutics 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 Aptevo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Aptevo Stock, please use our How to Invest in Aptevo Therapeutics guide.At this time, Aptevo Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 4.21, while Discontinued Operations is likely to drop about 866.1 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses33.7M31.8M28.9M41.8M
Cost Of Revenue19.0M901K567K538.7K

Aptevo Therapeutics fundamental ratios Correlations

-0.8-0.02-0.51-0.640.52-0.20.4-0.35-0.4-0.56-0.640.34-0.58-0.04-0.48-0.18-0.56-0.470.58-0.480.86-0.42-0.4-0.52-0.48
-0.8-0.240.270.95-0.650.28-0.720.590.460.430.67-0.70.86-0.160.74-0.150.80.65-0.880.1-0.770.40.010.830.79
-0.02-0.240.48-0.480.060.170.34-0.3-0.030.37-0.240.47-0.550.67-0.50.69-0.490.050.50.78-0.080.480.59-0.55-0.6
-0.510.270.480.030.01-0.22-0.080.080.170.180.390.030.160.040.210.10.2-0.12-0.120.78-0.590.160.640.090.08
-0.640.95-0.480.03-0.610.25-0.720.650.440.290.63-0.820.92-0.320.79-0.360.840.58-0.93-0.2-0.580.23-0.20.890.87
0.52-0.650.060.01-0.61-0.630.42-0.14-0.42-0.75-0.550.45-0.42-0.12-0.48-0.15-0.25-0.760.47-0.090.45-0.53-0.21-0.37-0.27
-0.20.280.17-0.220.25-0.630.18-0.380.590.830.03-0.25-0.140.7-0.210.37-0.290.630.070.07-0.040.82-0.04-0.19-0.26
0.4-0.720.34-0.08-0.720.420.18-0.640.230.11-0.340.34-0.790.44-0.790.19-0.78-0.540.790.060.60.00.22-0.84-0.82
-0.350.59-0.30.080.65-0.14-0.38-0.640.1-0.190.55-0.620.8-0.670.72-0.470.870.1-0.82-0.24-0.35-0.290.020.840.84
-0.40.46-0.030.170.44-0.420.590.230.10.670.61-0.70.280.150.18-0.180.20.18-0.30.01-0.210.410.240.170.12
-0.560.430.370.180.29-0.750.830.11-0.190.670.39-0.240.00.61-0.030.49-0.110.61-0.060.44-0.410.810.47-0.08-0.18
-0.640.67-0.240.390.63-0.550.03-0.340.550.610.39-0.650.71-0.410.72-0.30.650.18-0.730.09-0.590.060.490.610.57
0.34-0.70.470.03-0.820.45-0.250.34-0.62-0.7-0.24-0.65-0.770.41-0.660.65-0.68-0.220.760.430.19-0.020.16-0.72-0.69
-0.580.86-0.550.160.92-0.42-0.14-0.790.80.280.00.71-0.77-0.630.93-0.540.970.32-0.98-0.22-0.58-0.1-0.120.990.98
-0.04-0.160.670.04-0.32-0.120.70.44-0.670.150.61-0.410.41-0.63-0.710.8-0.670.360.570.53-0.010.810.16-0.66-0.69
-0.480.74-0.50.210.79-0.48-0.21-0.790.720.18-0.030.72-0.660.93-0.71-0.550.890.31-0.91-0.19-0.53-0.2-0.040.920.89
-0.18-0.150.690.1-0.36-0.150.370.19-0.47-0.180.49-0.30.65-0.540.8-0.55-0.510.420.470.69-0.260.640.38-0.53-0.57
-0.560.8-0.490.20.84-0.25-0.29-0.780.870.2-0.110.65-0.680.97-0.670.89-0.510.25-0.95-0.17-0.6-0.19-0.110.980.98
-0.470.650.05-0.120.58-0.760.63-0.540.10.180.610.18-0.220.320.360.310.420.25-0.410.17-0.540.72-0.110.340.26
0.58-0.880.5-0.12-0.930.470.070.79-0.82-0.3-0.06-0.730.76-0.980.57-0.910.47-0.95-0.410.210.590.010.09-0.97-0.95
-0.480.10.780.78-0.2-0.090.070.06-0.240.010.440.090.43-0.220.53-0.190.69-0.170.170.21-0.590.520.7-0.27-0.3
0.86-0.77-0.08-0.59-0.580.45-0.040.6-0.35-0.21-0.41-0.590.19-0.58-0.01-0.53-0.26-0.6-0.540.59-0.59-0.41-0.37-0.54-0.51
-0.420.40.480.160.23-0.530.820.0-0.290.410.810.06-0.02-0.10.81-0.20.64-0.190.720.010.52-0.410.18-0.15-0.21
-0.40.010.590.64-0.2-0.21-0.040.220.020.240.470.490.16-0.120.16-0.040.38-0.11-0.110.090.7-0.370.18-0.2-0.25
-0.520.83-0.550.090.89-0.37-0.19-0.840.840.17-0.080.61-0.720.99-0.660.92-0.530.980.34-0.97-0.27-0.54-0.15-0.20.99
-0.480.79-0.60.080.87-0.27-0.26-0.820.840.12-0.180.57-0.690.98-0.690.89-0.570.980.26-0.95-0.3-0.51-0.21-0.250.99
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Aptevo Therapeutics Account Relationship Matchups

Aptevo Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding66.3K77.1K106.5K116.0K278.1K292.0K
Total Assets53.4M53.5M56.6M34.2M24.8M23.6M
Other Current Liab9.1M4.0M19.6M3.2M3.2M3.1M
Total Current Liabilities38.2M14.5M34.8M8.7M7.2M6.9M
Total Stockholder Equity11.8M16.6M1.2M18.0M12.2M11.6M
Net Tangible Assets7.4M16.6M1.2M18.0M16.2M18.4M
Property Plant And Equipment Net7.7M5.5M4.0M6.8M5.8M5.9M
Net Debt10.7M(12.6M)(28.3M)(13.1M)(11.5M)(10.9M)
Retained Earnings(167.9M)(185.6M)(214.1M)(206.0M)(223.4M)(234.6M)
Accounts Payable13.0M5.6M3.5M3.5M4.0M6.5M
Cash12.4M40.0M45.0M22.6M16.9M21.2M
Non Current Assets Total23.4M6.3M4.0M6.8M5.8M5.5M
Cash And Short Term Investments12.4M40.0M45.0M22.6M16.9M16.1M
Net Receivables7.0M2.4M3.7M2.5M2.3M4.5M
Liabilities And Stockholders Equity53.4M53.5M56.6M34.2M24.8M23.6M
Non Current Liabilities Total3.3M22.4M20.6M7.5M5.4M5.1M
Inventory6.1M4.8M3.1M1.6M1.4M1.3M
Other Current Assets160K4.9M3.9M2.3M2.2M3.0M
Other Stockholder Equity179.7M202.2M215.2M224.0M235.6M166.4M
Total Liab41.6M37.0M55.4M16.2M12.6M12.0M
Property Plant And Equipment Gross7.7M2.8M4.0M19.8M19.4M20.3M
Total Current Assets30.0M47.3M52.6M27.5M19.1M37.5M
Common Stock45K46K47K48K61K58.0K
Property Plant Equipment7.7M5.5M4.0M6.8M7.8M5.9M
Non Currrent Assets Other11.3M746K68K(6.8M)(6.1M)(5.8M)
Other Assets8.4M11.3M3.5M68K61.2K58.1K
Short Long Term Debt Total23.2M27.4M16.7M9.5M5.4M5.1M
Common Stock Total Equity22K23K45K46K52.9K34.3K
Non Current Liabilities Other734K200K3.3M15.6M17.9M18.8M
Net Invested Capital31.7M41.6M16.6M21.4M12.2M11.6M

Pair Trading with Aptevo Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aptevo Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aptevo Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Aptevo Stock

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  0.34A Agilent Technologies Sell-off TrendPairCorr
The ability to find closely correlated positions to Aptevo Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aptevo Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aptevo Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aptevo Therapeutics to buy it.
The correlation of Aptevo Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aptevo Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aptevo Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aptevo Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aptevo Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aptevo Therapeutics' 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 Aptevo Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aptevo Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptevo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Aptevo Stock, please use our How to Invest in Aptevo Therapeutics guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest 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 Aptevo Therapeutics. If investors know Aptevo 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 Aptevo Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.24)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.73)
Return On Equity
(2.51)
The market value of Aptevo Therapeutics is measured differently than its book value, which is the value of Aptevo that is recorded on the company's balance sheet. Investors also form their own opinion of Aptevo Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Aptevo Therapeutics' 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 Aptevo Therapeutics' market value can be influenced by many factors that don't directly affect Aptevo Therapeutics' 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 Aptevo Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptevo Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptevo Therapeutics' 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.