Aurinia Short Term Investments vs Retained Earnings Analysis

AUPH Stock  USD 8.85  0.14  1.61%   
Aurinia Pharmaceuticals financial indicator trend analysis is way more than just evaluating Aurinia Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurinia Pharmaceuticals is a good investment. Please check the relationship between Aurinia Pharmaceuticals Short Term Investments and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurinia Pharmaceuticals Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Aurinia Pharmaceuticals' Short Term Investments and Retained Earnings is -0.92. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Aurinia Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Aurinia Pharmaceuticals' Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Aurinia Pharmaceuticals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Aurinia Pharmaceuticals' Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Aurinia Pharmaceuticals balance sheet. It contains any investments Aurinia Pharmaceuticals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aurinia Pharmaceuticals can easily liquidate in the marketplace.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Aurinia Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurinia Pharmaceuticals 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 Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.As of now, Aurinia Pharmaceuticals' Selling General Administrative is increasing as compared to previous years. The Aurinia Pharmaceuticals' current Enterprise Value is estimated to increase to about 1.5 B, while Tax Provision is projected to decrease to under 670.6 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses225.2M239.8M253.1M265.7M
Cost Of Revenue1.1M5.7M14.1M7.6M

Aurinia Pharmaceuticals fundamental ratios Correlations

0.620.910.890.990.65-0.32-0.960.490.730.820.970.760.90.920.230.850.650.990.61-0.260.60.580.10.980.44
0.620.630.870.490.990.4-0.680.280.980.850.60.950.840.470.270.940.990.510.99-0.20.01-0.08-0.10.450.05
0.910.630.930.890.68-0.03-0.90.250.750.880.850.660.870.850.320.810.680.890.59-0.360.590.270.230.860.2
0.890.870.930.820.890.13-0.920.340.930.960.850.880.960.790.330.970.890.830.84-0.330.370.180.090.780.19
0.990.490.890.820.52-0.44-0.930.480.620.740.950.650.820.920.20.750.521.00.48-0.240.680.660.131.00.47
0.650.990.680.890.520.4-0.70.240.980.880.60.940.850.490.320.941.00.540.98-0.30.07-0.08-0.110.480.01
-0.320.4-0.030.13-0.440.40.18-0.410.30.24-0.350.120.03-0.330.220.130.4-0.430.36-0.12-0.51-0.950.04-0.5-0.59
-0.96-0.68-0.9-0.92-0.93-0.70.18-0.54-0.76-0.87-0.96-0.8-0.93-0.94-0.3-0.88-0.69-0.94-0.660.21-0.45-0.44-0.19-0.91-0.46
0.490.280.250.340.480.24-0.41-0.540.270.30.650.480.510.57-0.110.430.240.50.250.070.160.530.030.510.9
0.730.980.750.930.620.980.3-0.760.270.880.690.930.880.550.280.960.980.630.96-0.190.180.02-0.060.570.1
0.820.850.880.960.740.880.24-0.870.30.880.770.840.920.760.370.930.880.760.83-0.360.330.050.160.70.1
0.970.60.850.850.950.6-0.35-0.960.650.690.770.750.880.930.160.820.60.960.58-0.160.490.590.150.950.59
0.760.950.660.880.650.940.12-0.80.480.930.840.750.910.640.260.970.940.680.95-0.230.110.2-0.110.630.27
0.90.840.870.960.820.850.03-0.930.510.880.920.880.910.860.310.960.850.850.81-0.340.310.270.020.80.32
0.920.470.850.790.920.49-0.33-0.940.570.550.760.930.640.860.290.730.490.940.45-0.30.50.540.230.920.5
0.230.270.320.330.20.320.22-0.3-0.110.280.370.160.260.310.290.30.320.210.25-0.470.1-0.130.00.18-0.04
0.850.940.810.970.750.940.13-0.880.430.960.930.820.970.960.730.30.940.770.93-0.280.240.2-0.010.720.24
0.650.990.680.890.521.00.4-0.690.240.980.880.60.940.850.490.320.940.540.98-0.30.06-0.08-0.110.480.01
0.990.510.890.831.00.54-0.43-0.940.50.630.760.960.680.850.940.210.770.540.5-0.260.650.660.131.00.48
0.610.990.590.840.480.980.36-0.660.250.960.830.580.950.810.450.250.930.980.5-0.18-0.03-0.05-0.120.440.02
-0.26-0.2-0.36-0.33-0.24-0.3-0.120.210.07-0.19-0.36-0.16-0.23-0.34-0.3-0.47-0.28-0.3-0.26-0.18-0.160.020.17-0.240.2
0.60.010.590.370.680.07-0.51-0.450.160.180.330.490.110.310.50.10.240.060.65-0.03-0.160.580.190.670.32
0.58-0.080.270.180.66-0.08-0.95-0.440.530.020.050.590.20.270.54-0.130.2-0.080.66-0.050.020.58-0.080.710.64
0.1-0.10.230.090.13-0.110.04-0.190.03-0.060.160.15-0.110.020.230.0-0.01-0.110.13-0.120.170.19-0.080.120.16
0.980.450.860.781.00.48-0.5-0.910.510.570.70.950.630.80.920.180.720.481.00.44-0.240.670.710.120.51
0.440.050.20.190.470.01-0.59-0.460.90.10.10.590.270.320.5-0.040.240.010.480.020.20.320.640.160.51
Click cells to compare fundamentals

Aurinia Pharmaceuticals Account Relationship Matchups

Aurinia Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets326.7M463.7M543.4M470.9M548.1M575.5M
Other Current Liab118K27.8M33.8M37.4M36.2M38.0M
Total Current Liabilities11.3M32.0M40.6M46.1M77.2M81.0M
Total Stockholder Equity273.5M407.8M479.1M405.4M378.0M396.9M
Property Plant And Equipment Net93K10.3M9.8M8.6M116.6M122.4M
Net Debt(306.0M)(263.9M)(223.2M)(86.1M)48.7M51.2M
Retained Earnings(539.8M)(575.2M)(756.1M)(864.3M)(942.3M)(895.2M)
Accounts Payable4.2M2.6M3.9M3.1M4.3M3.3M
Non Current Assets Total11.5M44.2M30.0M28.3M123.3M129.4M
Net Receivables368K1.0M15.4M13.5M24.1M25.3M
Common Stock Shares Outstanding93.0M118.5M129.4M141.9M143.2M150.4M
Liabilities And Stockholders Equity326.7M463.7M543.4M470.9M548.1M575.5M
Non Current Liabilities Total41.9M23.9M23.6M19.3M92.9M97.6M
Other Current Assets8.8M7.2M12.5M14.9M10.5M11.0M
Other Stockholder Equity23.7M39.4M59.0M85.5M120.8M66.4M
Total Liab53.2M55.9M64.3M65.4M170.1M178.6M
Property Plant And Equipment Gross93K10.3M9.8M8.6M118.5M124.4M
Total Current Assets315.1M419.4M513.3M442.5M424.8M446.0M
Short Term Debt6.9M1.6M2.1M1.9M31.2M32.8M
Intangible Assets11.2M9.3M8.4M6.4M5.0M7.0M
Cash306.0M272.4M231.9M94.2M48.9M66.4M
Non Currrent Assets Other209K247K11.8M13.3M1.5M2.9M
Cash And Short Term Investments306.0M398.3M466.1M389.4M350.5M368.0M
Other Liab14.4M16.3M16.0M12.2M14.0M7.3M
Net Tangible Assets289.7M398.4M470.7M399.0M458.9M481.8M
Other Assets209K5.7M11.8M13.3M15.3M16.1M
Common Stock Total Equity504.7M790.5M944.3M1.2B1.4B1.4B
Common Stock790.5M944.3M1.2B1.2B1.2B1.3B
Property Plant Equipment93K4.8M9.8M8.6M7.7M8.1M
Capital Surpluse24.7M23.7M39.4M59.0M67.9M71.3M
Non Current Liabilities Other12.3M1.6M16.0M12.2M10.9M8.8M
Net Invested Capital273.5M407.8M479.1M405.4M378.0M349.2M

Currently Active Assets on Macroaxis

When determining whether Aurinia Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurinia Pharmaceuticals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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 Aurinia Pharmaceuticals. If investors know Aurinia 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 Aurinia Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
1.536
Quarterly Revenue Growth
0.243
Return On Assets
(0.02)
Return On Equity
(0.06)
The market value of Aurinia Pharmaceuticals is measured differently than its book value, which is the value of Aurinia that is recorded on the company's balance sheet. Investors also form their own opinion of Aurinia Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' market value can be influenced by many factors that don't directly affect Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurinia Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurinia Pharmaceuticals' 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.