Beam Accounts Payable vs Other Assets Analysis

BEAM Stock  USD 23.58  0.91  3.72%   
Beam Therapeutics financial indicator trend analysis is way more than just evaluating Beam Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beam Therapeutics is a good investment. Please check the relationship between Beam Therapeutics Accounts Payable and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam 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 nation.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Therapeutics guide.

Accounts Payable vs Other Assets

Accounts Payable vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Therapeutics Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beam Therapeutics' Accounts Payable and Other Assets is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of Beam Therapeutics, assuming nothing else is changed. The correlation between historical values of Beam Therapeutics' Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Beam Therapeutics are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., Beam Therapeutics' Accounts Payable and Other Assets go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Beam Therapeutics 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 Beam Therapeutics 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.

Other Assets

Most indicators from Beam Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beam 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 Beam 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 nation.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Therapeutics guide.At this time, Beam Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 1.2 M, while Enterprise Value Over EBITDA is likely to drop (12.33).
 2021 2022 2023 2024 (projected)
Total Operating Expenses444.3M399.4M554.2M581.9M
Cost Of Revenue16.4M22.6M437.4M459.3M

Beam Therapeutics fundamental ratios Correlations

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0.981.00.930.990.910.92-0.6-0.950.540.750.870.40.930.940.940.860.920.960.930.970.990.870.930.820.92
0.930.920.750.940.850.92-0.57-0.890.560.70.830.420.890.840.950.690.870.960.890.920.870.880.880.650.86
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0.940.940.860.930.990.930.89-0.65-0.990.370.760.840.380.890.90.880.990.921.00.950.910.960.990.730.99
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0.920.930.870.920.990.920.87-0.63-0.990.30.730.820.350.990.860.880.90.90.990.920.910.950.990.730.99
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0.960.990.970.980.90.990.87-0.63-0.920.510.770.880.430.910.920.920.880.910.940.910.930.850.930.820.92
0.930.880.820.910.970.870.88-0.78-0.930.310.850.890.570.960.810.920.740.950.920.960.90.850.970.630.96
0.950.940.90.950.980.930.88-0.71-0.970.340.80.880.470.990.860.920.870.990.930.980.910.930.970.711.0
0.740.810.80.780.740.820.65-0.46-0.780.630.580.720.290.730.910.70.810.730.730.730.780.820.630.710.71
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Beam Therapeutics Account Relationship Matchups

Beam Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets156.1M451.7M1.5B1.3B1.5B794.1M
Other Current Liab10.3M91.8M112.2M68.2M122.5M67.4M
Total Current Liabilities29.1M102.3M213.4M223.6M205.6M126.7M
Total Stockholder Equity100.9M245.6M826.7M733.5M981.3M1.0B
Property Plant And Equipment Net43.2M125.4M187.0M234.1M237.8M132.8M
Net Debt(11.7M)(61.9M)(823.3M)(53.8M)(262.7M)(275.9M)
Retained Earnings(203.0M)(397.6M)(768.3M)(1.1B)(1.2B)(1.1B)
Accounts Payable7.8M6.3M7.5M9.0M1.6M1.5M
Cash37.2M162.2M965.6M232.8M435.9M311.5M
Non Current Assets Total61.6M143.4M508.8M248.8M248.7M193.3M
Non Currrent Assets Other5.0M3.1M309.1M1.9M10.9M10.3M
Cash And Short Term Investments91.8M299.7M965.6M1.1B1.2B1.2B
Common Stock Shares Outstanding51.3M46.7M64.2M70.0M77.2M56.2M
Liabilities And Stockholders Equity156.1M451.7M1.5B1.3B1.5B794.1M
Non Current Liabilities Total26.0M103.8M434.3M384.6M272.8M193.1M
Other Current Assets2.7M17.3M7.4M14.8M21.2M22.2M
Other Stockholder Equity1.9M642.6M1.6B1.8B2.2B2.3B
Total Liab55.2M206.1M647.7M608.2M478.4M319.8M
Total Current Assets94.5M308.3M965.6M1.1B1.2B1.3B
Accumulated Other Comprehensive Income16K(9K)(50K)(2.4M)604K634.2K
Common Stock73K573K684K712K816K458.7K
Other Liab418K2.5M296.5M214.9M247.1M259.5M
Net Tangible Assets(201.1M)245.6M826.7M733.5M843.5M885.7M
Other Assets18.3M18.0M14.5M14.7M16.9M14.8M
Net Invested Capital(195.4M)253.0M832.0M733.5M981.3M1.0B
Capital Stock302.1M573K684K712K816K775.2K
Non Current Liabilities Other418K2.5M34.2M13.8M3.0M2.9M
Net Working Capital65.4M206.0M1.1B869.3M1.0B610.2M
Property Plant Equipment43.2M125.4M187.0M234.1M269.3M282.7M

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When determining whether Beam Therapeutics is a strong investment it is important to analyze Beam Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beam Therapeutics' future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam 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 nation.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Therapeutics guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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 Beam Therapeutics. If investors know Beam 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 Beam 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
(1.58)
Revenue Per Share
4.273
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.09)
Return On Equity
(0.18)
The market value of Beam Therapeutics is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Beam 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 Beam Therapeutics' market value can be influenced by many factors that don't directly affect Beam 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 Beam Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam 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.