Candel Non Current Assets Total vs Long Term Debt Analysis

CADL Stock  USD 4.84  0.20  3.97%   
Candel Therapeutics financial indicator trend analysis is way more than just evaluating Candel Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Candel Therapeutics is a good investment. Please check the relationship between Candel Therapeutics Non Current Assets Total and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Candel 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 unemployment.
For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Candel Therapeutics Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Candel Therapeutics' Non Current Assets Total and Long Term Debt is 0.8. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Candel Therapeutics, assuming nothing else is changed. The correlation between historical values of Candel Therapeutics' Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Candel Therapeutics are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Candel Therapeutics' Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Candel Therapeutics has held for over one year. Long-term debt appears on Candel Therapeutics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Candel Therapeutics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Candel Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Candel 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 Candel 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 unemployment.
For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.The value of Selling General Administrative is expected to slide to about 10.2 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2023 2024 (projected)
Depreciation And Amortization232K960K596.5K
Interest Income1.2M2.1M1.2M

Candel Therapeutics fundamental ratios Correlations

0.350.610.290.090.60.760.66-0.83-0.490.650.850.660.540.590.430.990.63-0.33-0.670.90.51-0.770.880.580.99
0.350.760.87-0.26-0.240.770.8-0.2-0.920.080.590.80.310.220.90.250.74-0.6-0.790.390.89-0.760.680.860.27
0.610.760.79-0.050.370.820.99-0.74-0.890.660.930.990.250.690.740.50.86-0.41-0.850.730.93-0.810.810.970.53
0.290.870.790.190.030.790.76-0.27-0.960.350.610.760.390.550.610.180.72-0.7-0.810.50.82-0.750.580.810.21
0.09-0.26-0.050.190.590.22-0.14-0.15-0.070.480.06-0.120.540.58-0.540.120.07-0.19-0.170.39-0.17-0.180.01-0.130.12
0.6-0.240.370.030.590.350.31-0.83-0.110.920.60.330.330.81-0.220.610.340.07-0.320.750.12-0.350.410.220.61
0.760.770.820.790.220.350.84-0.62-0.910.540.850.850.730.620.680.680.92-0.53-0.980.870.85-0.990.940.860.71
0.660.80.990.76-0.140.310.84-0.73-0.890.60.931.00.280.610.810.550.88-0.39-0.870.730.96-0.840.860.990.58
-0.83-0.2-0.74-0.27-0.15-0.83-0.62-0.730.44-0.9-0.9-0.73-0.3-0.77-0.32-0.79-0.660.050.61-0.88-0.550.63-0.75-0.64-0.8
-0.49-0.92-0.89-0.96-0.07-0.11-0.91-0.890.44-0.42-0.76-0.89-0.48-0.55-0.77-0.38-0.870.610.93-0.65-0.930.89-0.78-0.93-0.41
0.650.080.660.350.480.920.540.6-0.9-0.420.80.610.270.950.030.610.52-0.18-0.520.830.41-0.520.540.510.62
0.850.590.930.610.060.60.850.93-0.9-0.760.80.930.380.770.610.770.82-0.38-0.830.90.81-0.840.90.880.79
0.660.80.990.76-0.120.330.851.0-0.73-0.890.610.930.290.620.80.550.88-0.39-0.870.740.96-0.840.860.990.58
0.540.310.250.390.540.330.730.28-0.3-0.480.270.380.290.310.230.530.64-0.2-0.710.680.37-0.750.650.350.55
0.590.220.690.550.580.810.620.61-0.77-0.550.950.770.620.310.040.540.51-0.45-0.570.80.44-0.570.520.540.55
0.430.90.740.61-0.54-0.220.680.81-0.32-0.770.030.610.80.230.040.330.76-0.26-0.730.370.89-0.70.740.850.35
0.990.250.50.180.120.610.680.55-0.79-0.380.610.770.550.530.540.330.54-0.3-0.580.860.4-0.70.820.471.0
0.630.740.860.720.070.340.920.88-0.66-0.870.520.820.880.640.510.760.54-0.2-0.970.790.93-0.940.910.920.56
-0.33-0.6-0.41-0.7-0.190.07-0.53-0.390.050.61-0.18-0.38-0.39-0.2-0.45-0.26-0.3-0.20.41-0.32-0.340.45-0.32-0.38-0.3
-0.67-0.79-0.85-0.81-0.17-0.32-0.98-0.870.610.93-0.52-0.83-0.87-0.71-0.57-0.73-0.58-0.970.41-0.83-0.910.99-0.92-0.91-0.61
0.90.390.730.50.390.750.870.73-0.88-0.650.830.90.740.680.80.370.860.79-0.32-0.830.63-0.870.890.690.87
0.510.890.930.82-0.170.120.850.96-0.55-0.930.410.810.960.370.440.890.40.93-0.34-0.910.63-0.860.830.990.43
-0.77-0.76-0.81-0.75-0.18-0.35-0.99-0.840.630.89-0.52-0.84-0.84-0.75-0.57-0.7-0.7-0.940.450.99-0.87-0.86-0.96-0.86-0.72
0.880.680.810.580.010.410.940.86-0.75-0.780.540.90.860.650.520.740.820.91-0.32-0.920.890.83-0.960.850.83
0.580.860.970.81-0.130.220.860.99-0.64-0.930.510.880.990.350.540.850.470.92-0.38-0.910.690.99-0.860.850.5
0.990.270.530.210.120.610.710.58-0.8-0.410.620.790.580.550.550.351.00.56-0.3-0.610.870.43-0.720.830.5
Click cells to compare fundamentals

Candel Therapeutics Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Candel Therapeutics is a strong investment it is important to analyze Candel 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 Candel Therapeutics' future performance. For an informed investment choice regarding Candel Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Candel 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 unemployment.
For more information on how to buy Candel Stock please use our How to buy in Candel Stock 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 Candel Therapeutics. If investors know Candel 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 Candel 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
(1.73)
Revenue Per Share
0.001
Return On Assets
(0.52)
Return On Equity
(4.81)
The market value of Candel Therapeutics is measured differently than its book value, which is the value of Candel that is recorded on the company's balance sheet. Investors also form their own opinion of Candel Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Candel 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 Candel Therapeutics' market value can be influenced by many factors that don't directly affect Candel 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 Candel Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Candel Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Candel 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.