Curis Accounts Payable vs Intangible Assets Analysis

CRIS Stock  USD 4.03  0.07  1.71%   
Curis financial indicator trend analysis is way more than just evaluating Curis Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curis Inc is a good investment. Please check the relationship between Curis Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Curis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Curis Inc Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Curis' Accounts Payable and Intangible Assets is -0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Curis Inc, assuming nothing else is changed. The correlation between historical values of Curis' Accounts Payable and Intangible 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 Accounts Payable of Curis Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Curis' Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Curis obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Curis Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Curis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curis Inc 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 Curis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Sales General And Administrative To Revenue is likely to gain to 3.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 14.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.1M9.9M10.0M10.5M
Total Revenue10.6M10.2M10.0M11.2M

Curis fundamental ratios Correlations

-0.270.180.710.90.84-0.42-0.78-0.440.430.820.760.530.980.430.330.450.670.56-0.080.560.630.751.0-0.130.28
-0.27-0.35-0.35-0.11-0.610.120.510.19-0.03-0.17-0.54-0.39-0.25-0.160.35-0.57-0.19-0.330.16-0.2-0.35-0.69-0.230.430.56
0.18-0.350.420.080.32-0.53-0.31-0.360.240.190.360.270.120.410.090.46-0.030.150.060.360.220.390.15-0.92-0.11
0.71-0.350.420.470.77-0.65-0.59-0.610.680.590.770.630.690.720.440.690.440.63-0.150.660.750.730.69-0.30.21
0.9-0.110.080.470.7-0.07-0.67-0.120.230.720.540.390.870.060.330.20.620.160.10.250.240.590.91-0.070.35
0.84-0.610.320.770.7-0.33-0.78-0.360.240.660.860.660.80.380.010.630.550.53-0.040.450.620.930.82-0.3-0.1
-0.420.12-0.53-0.65-0.07-0.330.320.85-0.66-0.42-0.56-0.41-0.43-0.94-0.36-0.58-0.19-0.760.33-0.84-0.79-0.36-0.390.33-0.17
-0.780.51-0.31-0.59-0.67-0.780.320.35-0.32-0.91-0.61-0.25-0.71-0.33-0.06-0.38-0.13-0.46-0.1-0.44-0.52-0.74-0.770.330.04
-0.440.19-0.36-0.61-0.12-0.360.850.35-0.56-0.37-0.73-0.56-0.38-0.74-0.38-0.79-0.22-0.70.09-0.99-0.72-0.5-0.40.09-0.02
0.43-0.030.240.680.230.24-0.66-0.32-0.560.40.350.320.440.730.60.30.210.51-0.10.580.580.170.43-0.160.56
0.82-0.170.190.590.720.66-0.42-0.91-0.370.40.490.130.80.440.250.230.160.49-0.070.460.540.580.83-0.160.22
0.76-0.540.360.770.540.86-0.56-0.61-0.730.350.490.860.690.520.20.870.590.63-0.030.780.690.890.71-0.2-0.07
0.53-0.390.270.630.390.66-0.41-0.25-0.560.320.130.860.480.420.250.760.680.410.00.60.490.650.49-0.110.04
0.98-0.250.120.690.870.8-0.43-0.71-0.380.440.80.690.480.480.320.380.710.59-0.260.490.650.690.98-0.090.31
0.43-0.160.410.720.060.38-0.94-0.33-0.740.730.440.520.420.480.340.490.240.85-0.440.730.870.330.42-0.280.23
0.330.350.090.440.330.01-0.36-0.06-0.380.60.250.20.250.320.340.160.320.07-0.040.420.160.010.330.080.77
0.45-0.570.460.690.20.63-0.58-0.38-0.790.30.230.870.760.380.490.160.380.5-0.10.790.570.810.39-0.24-0.31
0.67-0.19-0.030.440.620.55-0.19-0.13-0.220.210.160.590.680.710.240.320.380.36-0.290.30.40.460.660.060.3
0.56-0.330.150.630.160.53-0.76-0.46-0.70.510.490.630.410.590.850.070.50.36-0.360.710.990.470.54-0.120.01
-0.080.160.06-0.150.1-0.040.33-0.10.09-0.1-0.07-0.030.0-0.26-0.44-0.04-0.1-0.29-0.36-0.07-0.34-0.07-0.08-0.090.03
0.56-0.20.360.660.250.45-0.84-0.44-0.990.580.460.780.60.490.730.420.790.30.71-0.070.740.560.51-0.10.07
0.63-0.350.220.750.240.62-0.79-0.52-0.720.580.540.690.490.650.870.160.570.40.99-0.340.740.550.61-0.160.06
0.75-0.690.390.730.590.93-0.36-0.74-0.50.170.580.890.650.690.330.010.810.460.47-0.070.560.550.7-0.29-0.29
1.0-0.230.150.690.910.82-0.39-0.77-0.40.430.830.710.490.980.420.330.390.660.54-0.080.510.610.7-0.120.31
-0.130.43-0.92-0.3-0.07-0.30.330.330.09-0.16-0.16-0.2-0.11-0.09-0.280.08-0.240.06-0.12-0.09-0.1-0.16-0.29-0.120.13
0.280.56-0.110.210.35-0.1-0.170.04-0.020.560.22-0.070.040.310.230.77-0.310.30.010.030.070.06-0.290.310.13
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Curis Account Relationship Matchups

Curis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.1M204.4M162.3M108.8M77.3M85.8M
Short Long Term Debt Total166K7.7M5.0M6.7M2.8M2.7M
Other Current Liab1.9M3.6M6.3M5.7M7.7M8.1M
Total Current Liabilities6.5M14.6M17.8M12.8M13.5M8.6M
Total Stockholder Equity(33.9M)130.7M90.7M46.6M19.7M36.9M
Property Plant And Equipment Net303K7.2M6.3M5.1M3.5M2.3M
Net Debt(15.3M)(121.9M)(35.0M)(12.9M)(23.9M)(25.1M)
Retained Earnings(1.0B)(1.0B)(1.1B)(1.1B)(1.2B)(1.3B)
Accounts Payable4.5M4.2M6.4M3.2M3.2M3.0M
Cash15.4M129.6M40.0M19.7M26.7M28.9M
Non Current Assets Total10.4M17.4M18.5M19.6M16.4M15.7M
Non Currrent Assets Other209K1.2M3.3M3.7M2.5M1.3M
Cash And Short Term Investments20.5M183.1M139.8M85.6M56.3M57.3M
Net Receivables3.2M3.0M3.2M3.0M2.8M1.7M
Common Stock Shares Outstanding1.7M2.4M4.6M4.7M5.3M5.6M
Short Term Investments5.1M38.9M75.9M66.0M29.7M27.3M
Liabilities And Stockholders Equity35.1M204.4M162.3M108.8M77.3M85.8M
Non Current Liabilities Total62.5M59.1M53.8M49.5M44.1M27.6M
Other Current Assets1.1M2.4M6.5M3.5M1.8M1.7M
Other Stockholder Equity982.7M1.2B1.2B1.2B1.2B1.3B
Total Liab69.0M73.7M71.6M62.3M57.6M35.1M
Property Plant And Equipment Gross303K7.2M6.3M5.1M5.5M5.8M
Total Current Assets24.8M186.9M143.8M89.2M60.9M64.2M
Accumulated Other Comprehensive Income(2.1M)(3K)(109K)(186K)229K240.5K
Short Term Debt166K2.3M682K3.9M2.6M4.5M
Other Assets819K22.0M726K2.7M3.1M1.8M
Property Plant Equipment154K7.2M505K689K620.1K589.1K
Other Liab62.5M58.2M53.8M49.5M56.9M59.8M
Inventory(94K)(399K)(2.5M)(2.9M)(2.6M)(2.5M)
Net Tangible Assets(42.9M)121.7M81.7M37.6M43.2M35.2M
Retained Earnings Total Equity(1.0B)(1.0B)(1.1B)(1.1B)(1.0B)(1.1B)
Capital Surpluse982.7M1.2B1.2B1.2B1.4B1.1B

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