Black Selling General Administrative vs Total Current Liabilities Analysis

BDTX Stock  USD 2.47  0.04  1.59%   
Black Diamond financial indicator trend analysis is way more than just evaluating Black Diamond Therap prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Diamond Therap is a good investment. Please check the relationship between Black Diamond Selling General Administrative and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond 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 estimate.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Therap Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Black Diamond's Selling General Administrative and Total Current Liabilities is 0.98. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Black Diamond Therapeutics, assuming nothing else is changed. The correlation between historical values of Black Diamond's Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Black Diamond Therapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Black Diamond's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Black Diamond balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Black Diamond Therapeutics 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.
Most indicators from Black Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Diamond Therap 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 Black Diamond 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 estimate.
Selling General Administrative is likely to drop to about 18.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 62.3 M in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation205K508K437K458.9K
Total Operating Expenses126.9M92.8M86.5M65.7M

Black Diamond fundamental ratios Correlations

0.820.84-0.4-0.090.880.69-0.22-0.650.920.570.720.560.411.00.830.870.220.820.890.550.50.890.671.00.99
0.820.99-0.39-0.170.840.95-0.44-0.830.930.350.960.650.270.770.940.83-0.070.910.930.850.620.830.890.770.74
0.840.99-0.39-0.170.840.95-0.4-0.860.940.390.960.630.30.790.960.88-0.020.930.940.860.570.820.870.790.76
-0.4-0.39-0.390.05-0.38-0.49-0.050.11-0.42-0.09-0.51-0.49-0.53-0.36-0.38-0.29-0.02-0.23-0.61-0.15-0.47-0.40.01-0.36-0.36
-0.09-0.17-0.170.05-0.18-0.17-0.490.16-0.150.12-0.17-0.13-0.12-0.08-0.18-0.10.18-0.18-0.19-0.190.0-0.17-0.15-0.08-0.07
0.880.840.84-0.38-0.180.71-0.47-0.620.790.130.710.320.020.870.890.68-0.250.840.880.640.311.00.660.870.86
0.690.950.95-0.49-0.170.71-0.38-0.880.840.290.990.60.320.620.920.81-0.090.890.90.90.530.70.790.620.59
-0.22-0.44-0.4-0.05-0.49-0.47-0.380.34-0.220.3-0.350.080.56-0.19-0.41-0.10.56-0.43-0.31-0.5-0.07-0.46-0.5-0.19-0.17
-0.65-0.83-0.860.110.16-0.62-0.880.34-0.74-0.37-0.85-0.37-0.18-0.59-0.86-0.840.0-0.94-0.76-0.95-0.25-0.6-0.81-0.59-0.56
0.920.930.94-0.42-0.150.790.84-0.22-0.740.620.880.790.520.890.850.910.250.830.920.680.730.780.820.890.88
0.570.350.39-0.090.120.130.290.3-0.370.620.360.670.810.570.260.720.910.310.370.130.560.120.350.570.58
0.720.960.96-0.51-0.170.710.99-0.35-0.850.880.360.690.390.650.90.82-0.020.870.920.870.620.70.810.660.63
0.560.650.63-0.49-0.130.320.60.08-0.370.790.670.690.770.530.420.60.460.380.620.330.970.320.580.520.51
0.410.270.3-0.53-0.120.020.320.56-0.180.520.810.390.770.40.180.550.80.130.390.010.650.030.10.40.4
1.00.770.79-0.36-0.080.870.62-0.19-0.590.890.570.650.530.40.790.850.250.770.850.490.470.870.621.01.0
0.830.940.96-0.38-0.180.890.92-0.41-0.860.850.260.90.420.180.790.86-0.130.950.920.840.350.880.760.790.77
0.870.830.88-0.29-0.10.680.81-0.1-0.840.910.720.820.60.550.850.860.390.850.830.690.480.670.710.850.83
0.22-0.07-0.02-0.020.18-0.25-0.090.560.00.250.91-0.020.460.80.25-0.130.39-0.10.0-0.250.37-0.25-0.050.250.27
0.820.910.93-0.23-0.180.840.89-0.43-0.940.830.310.870.380.130.770.950.85-0.10.890.920.30.830.840.780.75
0.890.930.94-0.61-0.190.880.9-0.31-0.760.920.370.920.620.390.850.920.830.00.890.760.560.880.720.860.84
0.550.850.86-0.15-0.190.640.9-0.5-0.950.680.130.870.330.010.490.840.69-0.250.920.760.260.630.840.490.46
0.50.620.57-0.470.00.310.53-0.07-0.250.730.560.620.970.650.470.350.480.370.30.560.260.310.570.460.46
0.890.830.82-0.4-0.171.00.7-0.46-0.60.780.120.70.320.030.870.880.67-0.250.830.880.630.310.650.870.86
0.670.890.870.01-0.150.660.79-0.5-0.810.820.350.810.580.10.620.760.71-0.050.840.720.840.570.650.620.6
1.00.770.79-0.36-0.080.870.62-0.19-0.590.890.570.660.520.41.00.790.850.250.780.860.490.460.870.621.0
0.990.740.76-0.36-0.070.860.59-0.17-0.560.880.580.630.510.41.00.770.830.270.750.840.460.460.860.61.0
Click cells to compare fundamentals

Black Diamond Account Relationship Matchups

Black Diamond fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets158.3M329.7M247.7M156.3M158.6M174.5M
Other Current Liab2.9M10.6M19.2M10.5M14.2M9.7M
Total Current Liabilities4.9M14.2M23.6M15.3M19.6M13.0M
Total Stockholder Equity(51.0M)(118.2M)(243.8M)(335.0M)116.7M122.6M
Net Tangible Assets(47.2M)307.8M195.9M115.7M133.0M100.8M
Property Plant And Equipment Net164K8.8M30.7M27.4M23.7M14.3M
Net Debt45.9M(25.9M)(37.3M)(6.2M)(30.9M)(29.4M)
Retained Earnings(51.0M)(118.2M)(243.8M)(335.0M)(417.4M)(396.6M)
Accounts Payable2.0M2.5M4.1M1.9M2.3M2.1M
Cash154.7M34.6M65.8M34.3M56.2M63.7M
Non Current Assets Total3.6M10.1M37.9M28.5M24.5M16.5M
Non Currrent Assets Other3.4M106K5.9M1.2M823K781.9K
Other Assets2.4M0.01.2M1.2M1.00.95
Cash And Short Term Investments154.7M315.1M209.8M122.8M131.4M156.1M
Common Stock Shares Outstanding35.9M32.9M36.2M36.3M44.0M32.4M
Liabilities And Stockholders Equity158.3M(96.3M)247.7M(294.4M)158.6M166.5M
Non Current Liabilities Total200.6M7.7M28.1M25.3M22.2M41.3M
Capital Surpluse3.8M425.4M440.1M452.5M520.4M546.4M
Other Current Assets1.0M4.5M5.9M4.9M2.6M3.0M
Other Stockholder Equity(200.6M)95.7M440.1M452.5M534.2M560.9M
Total Liab209.3M21.9M491.5M40.6M41.8M39.7M
Net Invested Capital(47.2M)307.8M195.9M115.7M116.7M104.8M
Property Plant And Equipment Gross164K8.8M31.1M2.6M24.5M25.7M
Total Current Assets154.7M319.6M209.8M127.7M134.0M158.0M
Accumulated Other Comprehensive Income(1K)614K(414K)(1.8M)(27K)(28.4K)
Net Working Capital150.9M305.3M192.1M112.4M114.4M146.1M
Property Plant Equipment164K8.8M30.7M2.6M3.0M2.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Black Stock Analysis

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