CRIS Stock | | | USD 3.48 0.09 2.52% |
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 Long Term Debt and its Net Tangible 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Curis Inc Long Term Debt account and
Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Curis' Long Term Debt and Net Tangible Assets is -0.33. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible 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' Long Term Debt and Net Tangible 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 Long Term Debt of Curis Inc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Curis' Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Curis Inc has held for over one year. Long-term debt appears on Curis Inc 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 Curis Inc 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.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.
Curis fundamental ratios Correlations
Click cells to compare fundamentals
Curis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curis fundamental ratios Accounts
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Additional Tools for Curis Stock Analysis
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