Beam Total Assets vs Other Current 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 Total Assets and its Other Current 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.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beam Therapeutics Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beam Therapeutics' Total Assets and Other Current Assets is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current 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' Total Assets and Other Current 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 Total Assets of Beam Therapeutics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Beam Therapeutics' Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Beam Therapeutics 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 Beam Therapeutics 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expenses | 444.3M | 399.4M | 554.2M | 581.9M | Cost Of Revenue | 16.4M | 22.6M | 437.4M | 459.3M |
Beam Therapeutics fundamental ratios Correlations
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Beam Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beam Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 156.1M | 451.7M | 1.5B | 1.3B | 1.5B | 794.1M | |
Other Current Liab | 10.3M | 91.8M | 112.2M | 68.2M | 122.5M | 67.4M | |
Total Current Liabilities | 29.1M | 102.3M | 213.4M | 223.6M | 205.6M | 126.7M | |
Total Stockholder Equity | 100.9M | 245.6M | 826.7M | 733.5M | 981.3M | 1.0B | |
Property Plant And Equipment Net | 43.2M | 125.4M | 187.0M | 234.1M | 237.8M | 132.8M | |
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 Payable | 7.8M | 6.3M | 7.5M | 9.0M | 1.6M | 1.5M | |
Cash | 37.2M | 162.2M | 965.6M | 232.8M | 435.9M | 311.5M | |
Non Current Assets Total | 61.6M | 143.4M | 508.8M | 248.8M | 248.7M | 193.3M | |
Non Currrent Assets Other | 5.0M | 3.1M | 309.1M | 1.9M | 10.9M | 10.3M | |
Cash And Short Term Investments | 91.8M | 299.7M | 965.6M | 1.1B | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 51.3M | 46.7M | 64.2M | 70.0M | 77.2M | 56.2M | |
Liabilities And Stockholders Equity | 156.1M | 451.7M | 1.5B | 1.3B | 1.5B | 794.1M | |
Non Current Liabilities Total | 26.0M | 103.8M | 434.3M | 384.6M | 272.8M | 193.1M | |
Other Current Assets | 2.7M | 17.3M | 7.4M | 14.8M | 21.2M | 22.2M | |
Other Stockholder Equity | 1.9M | 642.6M | 1.6B | 1.8B | 2.2B | 2.3B | |
Total Liab | 55.2M | 206.1M | 647.7M | 608.2M | 478.4M | 319.8M | |
Total Current Assets | 94.5M | 308.3M | 965.6M | 1.1B | 1.2B | 1.3B | |
Accumulated Other Comprehensive Income | 16K | (9K) | (50K) | (2.4M) | 604K | 634.2K | |
Common Stock | 73K | 573K | 684K | 712K | 816K | 458.7K | |
Other Liab | 418K | 2.5M | 296.5M | 214.9M | 247.1M | 259.5M | |
Net Tangible Assets | (201.1M) | 245.6M | 826.7M | 733.5M | 843.5M | 885.7M | |
Other Assets | 18.3M | 18.0M | 14.5M | 14.7M | 16.9M | 14.8M | |
Net Invested Capital | (195.4M) | 253.0M | 832.0M | 733.5M | 981.3M | 1.0B | |
Capital Stock | 302.1M | 573K | 684K | 712K | 816K | 775.2K | |
Non Current Liabilities Other | 418K | 2.5M | 34.2M | 13.8M | 3.0M | 2.9M | |
Net Working Capital | 65.4M | 206.0M | 1.1B | 869.3M | 1.0B | 610.2M | |
Property Plant Equipment | 43.2M | 125.4M | 187.0M | 234.1M | 269.3M | 282.7M |
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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.