Coherus Selling General Administrative vs Total Assets Analysis

CHRS Stock  USD 1.09  0.01  0.91%   
Coherus BioSciences financial indicator trend analysis is way more than just evaluating Coherus BioSciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherus BioSciences is a good investment. Please check the relationship between Coherus BioSciences Selling General Administrative and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherus BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Coherus Stock please use our How to Invest in Coherus BioSciences guide.

Selling General Administrative vs Total Assets

Selling General Administrative vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherus BioSciences Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Coherus BioSciences' Selling General Administrative and Total Assets is 0.85. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of Coherus BioSciences, assuming nothing else is changed. The correlation between historical values of Coherus BioSciences' Selling General Administrative and Total 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 Selling General Administrative of Coherus BioSciences are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Coherus BioSciences' Selling General Administrative and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Total Assets

Total assets refers to the total amount of Coherus BioSciences 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 Coherus BioSciences 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.
Most indicators from Coherus BioSciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherus BioSciences 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 Coherus BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Coherus Stock please use our How to Invest in Coherus BioSciences guide.Selling General Administrative is likely to drop to about 100.1 M in 2024. Tax Provision is likely to gain to about (361 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense23.0M32.5M40.5M42.6M
Depreciation And Amortization5.7M3.7M3.8M2.0M

Coherus BioSciences fundamental ratios Correlations

0.830.860.660.49-0.040.010.76-0.40.46-0.880.670.550.590.610.780.630.70.960.330.880.740.710.980.770.9
0.830.930.690.470.220.340.72-0.320.29-0.680.510.810.550.580.840.880.760.770.250.930.860.790.80.820.88
0.860.930.760.52-0.10.160.58-0.370.56-0.820.510.580.650.720.880.70.780.840.520.980.90.90.870.890.96
0.660.690.760.91-0.43-0.10.4-0.430.77-0.830.510.340.90.810.920.40.970.620.270.70.620.890.660.950.69
0.490.470.520.91-0.53-0.080.36-0.140.66-0.720.650.170.940.830.740.180.870.490.070.480.30.690.490.820.49
-0.040.22-0.1-0.43-0.530.460.340.04-0.790.41-0.180.63-0.53-0.49-0.220.54-0.28-0.1-0.44-0.030.06-0.33-0.1-0.32-0.11
0.010.340.16-0.1-0.080.460.150.62-0.520.160.150.61-0.070.07-0.050.57-0.07-0.02-0.220.240.090.0-0.030.070.11
0.760.720.580.40.360.340.15-0.120.06-0.570.670.680.450.460.570.70.530.740.040.650.480.430.720.530.66
-0.4-0.32-0.37-0.43-0.140.040.62-0.12-0.490.420.16-0.12-0.16-0.05-0.49-0.16-0.44-0.35-0.21-0.29-0.52-0.41-0.43-0.35-0.33
0.460.290.560.770.66-0.79-0.520.06-0.49-0.750.25-0.220.720.670.71-0.080.690.480.660.490.490.770.520.710.55
-0.88-0.68-0.82-0.83-0.720.410.16-0.570.42-0.75-0.64-0.32-0.82-0.82-0.85-0.42-0.81-0.91-0.45-0.81-0.66-0.82-0.92-0.89-0.85
0.670.510.510.510.65-0.180.150.670.160.25-0.640.290.680.690.470.290.540.72-0.030.560.230.380.660.550.59
0.550.810.580.340.170.630.610.68-0.12-0.22-0.320.290.230.280.480.980.430.47-0.160.620.560.40.50.490.53
0.590.550.650.90.94-0.53-0.070.45-0.160.72-0.820.680.230.950.780.280.850.630.240.610.390.760.610.880.63
0.610.580.720.810.83-0.490.070.46-0.050.67-0.820.690.280.950.730.360.750.680.380.690.430.770.640.860.71
0.780.840.880.920.74-0.22-0.050.57-0.490.71-0.850.470.480.780.730.580.960.730.450.860.850.960.780.960.84
0.630.880.70.40.180.540.570.7-0.16-0.08-0.420.290.980.280.360.580.480.560.070.740.690.540.590.580.66
0.70.760.780.970.87-0.28-0.070.53-0.440.69-0.810.540.430.850.750.960.480.650.250.740.690.890.690.940.72
0.960.770.840.620.49-0.1-0.020.74-0.350.48-0.910.720.470.630.680.730.560.650.370.860.660.680.980.740.89
0.330.250.520.270.07-0.44-0.220.04-0.210.66-0.45-0.03-0.160.240.380.450.070.250.370.520.580.620.380.410.55
0.880.930.980.70.48-0.030.240.65-0.290.49-0.810.560.620.610.690.860.740.740.860.520.90.870.880.860.98
0.740.860.90.620.30.060.090.48-0.520.49-0.660.230.560.390.430.850.690.690.660.580.90.850.740.760.87
0.710.790.90.890.69-0.330.00.43-0.410.77-0.820.380.40.760.770.960.540.890.680.620.870.850.720.960.85
0.980.80.870.660.49-0.1-0.030.72-0.430.52-0.920.660.50.610.640.780.590.690.980.380.880.740.720.780.92
0.770.820.890.950.82-0.320.070.53-0.350.71-0.890.550.490.880.860.960.580.940.740.410.860.760.960.780.85
0.90.880.960.690.49-0.110.110.66-0.330.55-0.850.590.530.630.710.840.660.720.890.550.980.870.850.920.85
Click cells to compare fundamentals

Coherus BioSciences Account Relationship Matchups

Coherus BioSciences fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding73.2M83.5M75.4M77.6M94.2M54.8M
Total Assets408.9M841.6M679.3M480.8M629.6M362.5M
Short Long Term Debt Total180.6M404.0M408.3M471.1M480.8M248.2M
Other Current Liab89.0M127.3M145.7M122.9M294.4M309.1M
Total Current Liabilities115.0M81.5M79.0M54.5M331.8M348.4M
Total Stockholder Equity105.2M281.0M97.7M(137.4M)(193.4M)(183.8M)
Other Liab102K75.1M94.3M3.5M4.0M3.8M
Property Plant And Equipment Net16.5M20.1M7.8M8.8M11.0M10.3M
Net Debt718K(137.1M)(8.9M)407.5M378.0M396.8M
Retained Earnings(895.0M)(762.8M)(1.0B)(1.3B)(1.6B)(1.5B)
Accounts Payable26.0M15.2M16.2M11.5M35.2M18.7M
Cash177.7M541.2M417.2M63.5M102.9M182.4M
Non Current Assets Total34.2M51.3M45.9M64.2M154.0M161.7M
Non Currrent Assets Other14.1M27.6M34.5M49.5M71.3M74.8M
Other Assets45.9M60.5M45.9M64.2M73.8M77.5M
Cash And Short Term Investments177.7M541.2M417.2M191.7M117.7M195.5M
Net Receivables142.0M157.0M123.0M110.0M260.5M273.5M
Liabilities And Stockholders Equity408.9M841.6M679.3M480.8M629.6M362.5M
Non Current Liabilities Total303.7M479.1M502.6M563.8M491.3M288.9M
Inventory55.1M92.2M93.3M115.1M62.6M41.2M
Other Current Assets13.5M25.0M24.5M40.8M34.8M36.5M
Other Stockholder Equity1.0B1.0B1.1B1.2B1.4B785.7M
Total Liab303.7M560.7M581.6M618.3M823.0M864.2M
Property Plant And Equipment Gross16.5M20.1M24.7M28.9M25.8M15.1M
Total Current Assets374.7M790.4M633.5M416.7M475.6M311.1M
Accumulated Other Comprehensive Income(282K)(558K)(270K)(249K)(248K)(260.4K)
Property Plant Equipment16.5M48.0M63.4M85.0M97.8M102.7M
Net Tangible Assets101.7M277.4M97.7M(143.3M)(164.9M)(156.6M)
Long Term Debt178.4M377.4M408.3M225.6M473.4M497.0M
Retained Earnings Total Equity(895.0M)(762.8M)(1.0B)(1.3B)(1.2B)(1.1B)
Capital Surpluse1.0B1.0B1.1B1.2B1.4B900.6M
Non Current Liabilities Other102K37.6M94.3M254.0M11.5M10.9M

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