Cidara Interest Expense vs Ebit Analysis

CDTX Stock  USD 20.21  0.01  0.05%   
Cidara Therapeutics financial indicator trend analysis is way more than just evaluating Cidara Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cidara Therapeutics is a good investment. Please check the relationship between Cidara Therapeutics Interest Expense and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cidara 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.
For more information on how to buy Cidara Stock please use our How to Invest in Cidara Therapeutics guide.

Interest Expense vs Ebit

Interest Expense vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cidara Therapeutics Interest Expense account and Ebit. At this time, the significance of the direction appears to have pay attention.
The correlation between Cidara Therapeutics' Interest Expense and Ebit is -0.73. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Cidara Therapeutics, assuming nothing else is changed. The correlation between historical values of Cidara Therapeutics' Interest Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Cidara Therapeutics are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Expense i.e., Cidara Therapeutics' Interest Expense and Ebit go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Ebit

Most indicators from Cidara Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cidara 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 Cidara 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.
For more information on how to buy Cidara Stock please use our How to Invest in Cidara Therapeutics guide.At this time, Cidara Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 54.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 14 M in 2024.

Cidara Therapeutics fundamental ratios Correlations

0.730.460.410.73-0.94-0.470.790.960.530.360.320.470.960.40.410.270.550.431.00.280.830.350.310.340.24
0.730.060.10.75-0.74-0.090.640.770.230.410.270.530.77-0.03-0.130.00.230.040.740.080.720.0-0.02-0.110.12
0.460.060.93-0.25-0.17-0.920.550.220.930.510.570.520.220.950.690.630.830.970.440.8-0.080.840.80.94-0.21
0.410.10.93-0.3-0.09-0.920.590.150.980.640.640.470.150.960.450.540.80.980.380.8-0.130.890.840.94-0.39
0.730.75-0.25-0.3-0.90.230.410.88-0.16-0.08-0.160.110.88-0.31-0.04-0.21-0.07-0.30.75-0.310.97-0.27-0.28-0.370.48
-0.94-0.74-0.17-0.09-0.90.18-0.62-0.99-0.24-0.11-0.07-0.32-0.99-0.11-0.29-0.08-0.3-0.12-0.95-0.02-0.95-0.09-0.06-0.05-0.44
-0.47-0.09-0.92-0.920.230.18-0.58-0.23-0.89-0.69-0.74-0.55-0.23-0.95-0.67-0.78-0.95-0.97-0.44-0.820.06-0.7-0.66-0.940.28
0.790.640.550.590.41-0.62-0.580.650.640.720.680.520.650.510.30.380.630.570.780.290.520.40.330.42-0.18
0.960.770.220.150.88-0.99-0.230.650.290.170.120.371.00.150.280.10.350.170.970.070.940.120.10.090.39
0.530.230.930.98-0.16-0.24-0.890.640.290.60.590.520.290.930.440.470.780.950.50.790.00.910.870.91-0.28
0.360.410.510.64-0.08-0.11-0.690.720.170.60.970.560.170.540.210.640.720.610.330.530.010.270.230.47-0.44
0.320.270.570.64-0.16-0.07-0.740.680.120.590.970.520.120.580.40.750.760.660.30.54-0.060.260.240.53-0.34
0.470.530.520.470.11-0.32-0.550.520.370.520.560.520.370.460.350.410.670.510.460.390.130.270.250.45-0.15
0.960.770.220.150.88-0.99-0.230.651.00.290.170.120.370.150.280.10.350.170.970.070.940.120.10.090.39
0.4-0.030.950.96-0.31-0.11-0.950.510.150.930.540.580.460.150.620.640.840.980.380.79-0.140.840.780.99-0.35
0.41-0.130.690.45-0.04-0.29-0.670.30.280.440.210.40.350.280.620.760.680.630.40.430.080.30.30.640.23
0.270.00.630.54-0.21-0.08-0.780.380.10.470.640.750.410.10.640.760.780.650.250.65-0.090.190.110.6-0.25
0.550.230.830.8-0.07-0.3-0.950.630.350.780.720.760.670.350.840.680.780.870.520.750.090.530.50.82-0.18
0.430.040.970.98-0.3-0.12-0.970.570.170.950.610.660.510.170.980.630.650.870.40.8-0.120.840.80.97-0.3
1.00.740.440.380.75-0.95-0.440.780.970.50.330.30.460.970.380.40.250.520.40.250.850.320.280.310.26
0.280.080.80.8-0.31-0.02-0.820.290.070.790.530.540.390.070.790.430.650.750.80.25-0.170.690.620.77-0.31
0.830.72-0.08-0.130.97-0.950.060.520.940.00.01-0.060.130.94-0.140.08-0.090.09-0.120.85-0.17-0.12-0.14-0.20.43
0.350.00.840.89-0.27-0.09-0.70.40.120.910.270.260.270.120.840.30.190.530.840.320.69-0.120.970.85-0.24
0.31-0.020.80.84-0.28-0.06-0.660.330.10.870.230.240.250.10.780.30.110.50.80.280.62-0.140.970.82-0.06
0.34-0.110.940.94-0.37-0.05-0.940.420.090.910.470.530.450.090.990.640.60.820.970.310.77-0.20.850.82-0.26
0.240.12-0.21-0.390.48-0.440.28-0.180.39-0.28-0.44-0.34-0.150.39-0.350.23-0.25-0.18-0.30.26-0.310.43-0.24-0.06-0.26
Click cells to compare fundamentals

Cidara Therapeutics Account Relationship Matchups

Cidara Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.0M60.4M75.3M47.6M67.0M71.9M
Short Long Term Debt Total11.7M8.0M5.1M1.3M4.9M5.5M
Other Current Liab7.7M11.2M13.9M12.6M17.9M18.8M
Total Current Liabilities30.2M38.6M34.0M30.0M67.4M70.8M
Total Stockholder Equity37.8M10.7M21.6M(2.9M)(8.2M)(7.8M)
Net Debt(48.5M)(28.0M)(57.2M)(31.4M)(30.9M)(32.4M)
Retained Earnings(259.8M)(334.7M)(377.2M)(407.0M)(441.4M)(419.4M)
Accounts Payable1.9M4.6M1.3M1.4M3.8M2.6M
Cash60.3M35.9M62.3M32.7M35.8M44.5M
Non Current Assets Total3.2M3.2M3.6M2.5M6.2M6.5M
Non Currrent Assets Other1.1M2.0M533K634K1.0M767K
Other Assets1.3M1.1M2.9M1.1M1.2M905.3K
Cash And Short Term Investments60.3M35.9M62.3M32.7M35.8M44.5M
Common Stock Shares Outstanding1.5M2.1M2.6M3.5M4.4M4.6M
Liabilities And Stockholders Equity69.0M60.4M75.3M47.6M67.0M71.9M
Non Current Liabilities Total942K11.1M19.7M20.5M7.8M8.5M
Other Current Assets5.5M10.1M6.7M13.1M2.7M4.5M
Other Stockholder Equity297.7M345.4M398.7M404.1M433.2M262.2M
Total Liab31.1M49.7M53.8M50.5M75.2M79.0M
Total Current Assets65.8M57.2M71.7M45.1M60.9M69.2M
Net Tangible Assets37.8M10.7M21.6M(2.9M)(2.6M)(2.5M)
Property Plant And Equipment Net2.1M1.2M2.5M1.4M5.1M5.4M
Property Plant And Equipment Gross2.1M1.2M5.8M222K8.3M8.7M
Property Plant Equipment429K342K2.5M222K199.8K189.8K
Retained Earnings Total Equity(218.7M)(259.8M)(334.7M)(407.0M)(366.3M)(348.0M)
Capital Surpluse277.9M297.7M345.4M404.1M464.7M293.1M
Net Receivables5.5M11.2M5.4M5.8M16.2M17.1M
Short Long Term Debt9.9M10.0M7.0M2.6M2.3M2.2M
Short Term Debt10.8M8.9M4.9M1.2M2.6M5.1M
Net Invested Capital47.8M17.7M24.2M(2.9M)(8.2M)(7.8M)
Net Working Capital35.6M18.6M37.7M15.1M(6.6M)(6.2M)
Current Deferred Revenue9.8M13.9M13.9M14.6M25.1M15.4M

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 Cidara Stock Analysis

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