Cidara Long Term Debt vs Property Plant And Equipment Net Analysis
CDTX Stock | USD 20.40 2.95 16.91% |
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 Long Term Debt and its Property Plant And Equipment Net 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.
Long Term Debt vs Property Plant And Equipment Net
Long Term Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cidara Therapeutics Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cidara Therapeutics' Long Term Debt and Property Plant And Equipment Net is 0.27. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net 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' Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Cidara Therapeutics are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Cidara Therapeutics' Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Cidara Therapeutics has held for over one year. Long-term debt appears on Cidara 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 Cidara 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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
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Cidara Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cidara Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.0M | 60.4M | 75.3M | 47.6M | 67.0M | 71.9M | |
Short Long Term Debt Total | 11.7M | 8.0M | 5.1M | 1.3M | 4.9M | 5.5M | |
Other Current Liab | 7.7M | 11.2M | 13.9M | 12.6M | 17.9M | 18.8M | |
Total Current Liabilities | 30.2M | 38.6M | 34.0M | 30.0M | 67.4M | 70.8M | |
Total Stockholder Equity | 37.8M | 10.7M | 21.6M | (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 Payable | 1.9M | 4.6M | 1.3M | 1.4M | 3.8M | 2.6M | |
Cash | 60.3M | 35.9M | 62.3M | 32.7M | 35.8M | 44.5M | |
Non Current Assets Total | 3.2M | 3.2M | 3.6M | 2.5M | 6.2M | 6.5M | |
Non Currrent Assets Other | 1.1M | 2.0M | 533K | 634K | 1.0M | 767K | |
Other Assets | 1.3M | 1.1M | 2.9M | 1.1M | 1.2M | 905.3K | |
Cash And Short Term Investments | 60.3M | 35.9M | 62.3M | 32.7M | 35.8M | 44.5M | |
Common Stock Shares Outstanding | 1.5M | 2.1M | 2.6M | 3.5M | 4.4M | 4.6M | |
Liabilities And Stockholders Equity | 69.0M | 60.4M | 75.3M | 47.6M | 67.0M | 71.9M | |
Non Current Liabilities Total | 942K | 11.1M | 19.7M | 20.5M | 7.8M | 8.5M | |
Other Current Assets | 5.5M | 10.1M | 6.7M | 13.1M | 2.7M | 4.5M | |
Other Stockholder Equity | 297.7M | 345.4M | 398.7M | 404.1M | 433.2M | 262.2M | |
Total Liab | 31.1M | 49.7M | 53.8M | 50.5M | 75.2M | 79.0M | |
Total Current Assets | 65.8M | 57.2M | 71.7M | 45.1M | 60.9M | 69.2M | |
Net Tangible Assets | 37.8M | 10.7M | 21.6M | (2.9M) | (2.6M) | (2.5M) | |
Property Plant And Equipment Net | 2.1M | 1.2M | 2.5M | 1.4M | 5.1M | 5.4M | |
Property Plant And Equipment Gross | 2.1M | 1.2M | 5.8M | 222K | 8.3M | 8.7M | |
Property Plant Equipment | 429K | 342K | 2.5M | 222K | 199.8K | 189.8K | |
Retained Earnings Total Equity | (218.7M) | (259.8M) | (334.7M) | (407.0M) | (366.3M) | (348.0M) | |
Capital Surpluse | 277.9M | 297.7M | 345.4M | 404.1M | 464.7M | 293.1M | |
Net Receivables | 5.5M | 11.2M | 5.4M | 5.8M | 16.2M | 17.1M | |
Short Long Term Debt | 9.9M | 10.0M | 7.0M | 2.6M | 2.3M | 2.2M | |
Short Term Debt | 10.8M | 8.9M | 4.9M | 1.2M | 2.6M | 5.1M | |
Net Invested Capital | 47.8M | 17.7M | 24.2M | (2.9M) | (8.2M) | (7.8M) | |
Net Working Capital | 35.6M | 18.6M | 37.7M | 15.1M | (6.6M) | (6.2M) | |
Current Deferred Revenue | 9.8M | 13.9M | 13.9M | 14.6M | 25.1M | 15.4M |
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