Atea Historical Balance Sheet

AVIR Stock  USD 3.37  0.12  3.69%   
Trend analysis of Atea Pharmaceuticals balance sheet accounts such as Other Current Liab of 20 M, Total Current Liabilities of 57 M or Total Stockholder Equity of 434.1 M provides information on Atea Pharmaceuticals' total assets, liabilities, and equity, which is the actual value of Atea Pharmaceuticals to its prevalent stockholders. By breaking down trends over time using Atea Pharmaceuticals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Atea Pharmaceuticals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atea Pharmaceuticals is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atea 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 gross domestic product.
To learn how to invest in Atea Stock, please use our How to Invest in Atea Pharmaceuticals guide.

About Atea Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Atea Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Atea Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atea Pharmaceuticals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atea currently owns. An asset can also be divided into two categories, current and non-current.

Atea Pharmaceuticals Balance Sheet Chart

At this time, Atea Pharmaceuticals' Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/24/2024, Accumulated Other Comprehensive Income is likely to grow to about 217.3 K, while Other Current Liabilities is likely to drop slightly above 20 M.

Total Assets

Total assets refers to the total amount of Atea Pharmaceuticals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Atea Pharmaceuticals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Atea Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Atea Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Atea Pharmaceuticals balance sheet. It contains any investments Atea Pharmaceuticals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Atea Pharmaceuticals can easily liquidate in the marketplace.
Most accounts from Atea Pharmaceuticals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Atea Pharmaceuticals current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Atea 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 gross domestic product.
To learn how to invest in Atea Stock, please use our How to Invest in Atea Pharmaceuticals guide.At this time, Atea Pharmaceuticals' Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/24/2024, Accumulated Other Comprehensive Income is likely to grow to about 217.3 K, while Other Current Liabilities is likely to drop slightly above 20 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities49.6M14.4M27.4M20.0M
Total Assets772.9M666.7M595.0M541.8M

Atea Pharmaceuticals balance sheet Correlations

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0.690.320.530.060.50.010.97-0.72-0.110.010.720.010.02-0.040.690.560.48-0.610.610.850.940.530.010.690.56
0.980.870.530.840.990.640.34-0.85-0.240.80.840.670.660.490.980.980.86-0.981.00.880.21.00.650.980.99
0.730.830.060.840.840.8-0.17-0.46-0.430.930.450.830.840.40.730.790.76-0.820.790.55-0.290.840.830.730.83
0.960.870.50.990.840.660.32-0.79-0.30.840.790.680.680.440.960.990.85-0.970.980.870.170.990.670.960.99
0.550.390.010.640.80.66-0.13-0.25-0.690.610.251.00.990.540.550.640.59-0.670.60.47-0.280.641.00.550.68
0.520.10.970.34-0.170.32-0.13-0.62-0.03-0.210.61-0.14-0.13-0.080.520.390.3-0.430.430.730.980.34-0.140.520.37
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0.580.430.010.670.830.681.0-0.14-0.28-0.680.650.270.990.540.570.660.62-0.690.630.48-0.280.671.00.570.7
0.570.430.020.660.840.680.99-0.13-0.24-0.740.650.230.990.450.560.660.6-0.690.620.49-0.270.661.00.570.7
0.40.24-0.040.490.40.440.54-0.08-0.540.190.330.540.540.450.40.430.35-0.380.450.26-0.230.490.480.40.41
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0.970.830.560.980.790.990.640.39-0.81-0.320.790.810.660.660.430.960.84-0.970.980.90.230.980.650.961.0
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0.950.650.850.880.550.870.470.73-0.85-0.330.470.850.480.490.260.950.90.78-0.930.920.620.880.480.950.9
0.390.010.940.2-0.290.17-0.280.98-0.50.01-0.330.5-0.28-0.27-0.230.390.230.19-0.30.30.620.2-0.270.390.23
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0.570.420.010.650.830.671.0-0.14-0.24-0.720.640.241.01.00.480.560.650.61-0.680.610.48-0.270.650.560.69
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0.970.840.560.990.830.990.680.37-0.79-0.370.790.790.70.70.410.971.00.86-0.980.980.90.230.990.690.97
Click cells to compare fundamentals

Atea Pharmaceuticals Account Relationship Matchups

Atea Pharmaceuticals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets22.1M863.6M772.9M666.7M595.0M541.8M
Other Current Liab1.9M14.4M49.6M14.4M27.4M20.0M
Total Current Liabilities2.4M315.8M56.9M18.5M32.4M57.0M
Total Stockholder Equity(49.6M)547.8M710.1M640.6M555.2M434.1M
Other Liab95K36K5.9M5.3M6.0M6.3M
Net Tangible Assets(49.6M)547.8M710.1M640.6M736.7M398.8M
Property Plant And Equipment Net41K48K23K4.1M3.1M3.3M
Net Debt(21.7M)(850.1M)(764.2M)(643.6M)(141.4M)(148.5M)
Retained Earnings(54.2M)(65.2M)56.0M(59.9M)(195.8M)(186.0M)
Accounts Payable548K60K4.5M2.6M4.3M2.3M
Cash21.7M850.1M764.4M646.7M143.8M136.6M
Cash And Short Term Investments21.7M850.1M764.4M646.7M578.1M530.8M
Common Stock Shares Outstanding82.6M82.4M88.2M83.2M83.4M85.7M
Liabilities And Stockholders Equity22.1M863.6M772.9M666.7M595.0M541.8M
Non Current Liabilities Total69.2M36K5.9M7.7M7.4M7.0M
Other Current Assets249K15.1M16.1M14.2M12.3M10.7M
Other Stockholder Equity4.6M1.5B654.0M701.1M750.7M658.3M
Total Liab71.6M315.8M62.8M26.1M39.8M78.3M
Net Invested Capital(49.6M)547.8M710.1M640.6M555.2M434.1M
Property Plant And Equipment Gross41K48K184K4.4M3.8M4.0M
Total Current Assets21.9M863.5M772.4M660.9M590.5M539.7M
Net Working Capital19.5M547.7M715.5M642.4M558.1M461.3M
Property Plant Equipment41K48K23K4.1M4.7M4.9M

Pair Trading with Atea Pharmaceuticals

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 Atea Pharmaceuticals 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 Atea Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atea Stock

  0.71VALN Valneva SE ADRPairCorr
  0.63VCNX VaccinexPairCorr

Moving against Atea Stock

  0.72BMY Bristol Myers Squibb Aggressive PushPairCorr
  0.62EWTX Edgewise TherapeuticsPairCorr
  0.61GILD Gilead SciencesPairCorr
  0.48KZR Kezar Life SciencesPairCorr
  0.45VRDN Viridian TherapeuticsPairCorr
The ability to find closely correlated positions to Atea Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atea Pharmaceuticals 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 Atea Pharmaceuticals - 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 Atea Pharmaceuticals to buy it.
The correlation of Atea Pharmaceuticals 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 Atea Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atea Pharmaceuticals 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 Atea Pharmaceuticals 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

Additional Tools for Atea Stock Analysis

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