Fate Other Non Cash Items vs Depreciation Analysis

FATE Stock  USD 1.37  0.06  4.58%   
Fate Therapeutics financial indicator trend analysis is much more than just examining Fate Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fate Therapeutics is a good investment. Please check the relationship between Fate Therapeutics Other Non Cash Items and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fate 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 information on how to trade Fate Stock refer to our How to Trade Fate Stock guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fate Therapeutics Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fate Therapeutics' Other Non Cash Items and Depreciation is -0.61. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Fate Therapeutics, assuming nothing else is changed. The correlation between historical values of Fate Therapeutics' Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Fate Therapeutics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Fate Therapeutics' Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Other Non Cash Items

Depreciation

Depreciation indicates how much of Fate Therapeutics value has been used up. For tax purposes Fate Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Fate Therapeutics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Fate Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fate 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fate 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 information on how to trade Fate Stock refer to our How to Trade Fate Stock guide.The current year's Selling General Administrative is expected to grow to about 95.9 M, whereas Issuance Of Capital Stock is projected to grow to (26.5 K).
 2022 2024 2025 (projected)
Interest Expense5.8M6.7M7.1M
Depreciation And Amortization13.8M21.0M22.1M

Fate Therapeutics fundamental ratios Correlations

0.880.940.920.960.660.610.70.31-0.810.930.440.920.820.530.490.990.830.840.870.710.830.930.57-0.470.99
0.880.840.80.930.450.890.490.6-0.950.770.260.960.660.40.470.850.90.940.80.840.970.840.86-0.450.86
0.940.840.970.880.650.570.790.29-0.770.910.440.830.780.690.450.940.790.810.860.730.780.950.54-0.420.96
0.920.80.970.860.620.460.90.25-0.710.90.440.80.880.650.420.920.740.750.80.740.720.920.42-0.410.93
0.960.930.880.860.580.730.60.37-0.870.880.470.970.780.420.490.950.920.920.770.770.920.850.69-0.560.95
0.660.450.650.620.580.140.5-0.2-0.220.590.660.480.470.840.260.740.40.380.710.030.30.710.13-0.250.71
0.610.890.570.460.730.140.080.71-0.920.510.050.810.30.10.320.570.810.870.580.770.920.561.0-0.340.58
0.70.490.790.90.60.50.080.06-0.40.730.370.520.890.590.290.70.430.420.580.570.40.740.03-0.280.73
0.310.60.290.250.37-0.20.710.06-0.630.25-0.60.580.31-0.130.010.210.320.440.440.650.590.390.690.150.23
-0.81-0.95-0.77-0.71-0.87-0.22-0.92-0.4-0.63-0.73-0.17-0.91-0.58-0.19-0.45-0.76-0.91-0.95-0.67-0.91-0.98-0.72-0.890.46-0.78
0.930.770.910.90.880.590.510.730.25-0.730.420.850.820.490.420.920.760.790.830.70.740.90.47-0.270.93
0.440.260.440.440.470.660.050.37-0.6-0.170.420.250.240.520.420.550.520.420.210.050.250.320.06-0.620.53
0.920.960.830.80.970.480.810.520.58-0.910.850.250.770.320.40.890.860.910.820.810.940.850.77-0.390.89
0.820.660.780.880.780.470.30.890.31-0.580.820.240.770.380.280.790.550.570.680.690.60.80.23-0.270.82
0.530.40.690.650.420.840.10.59-0.13-0.190.490.520.320.380.210.610.320.30.640.10.220.680.11-0.190.6
0.490.470.450.420.490.260.320.290.01-0.450.420.420.40.280.210.50.570.550.30.360.450.360.31-0.60.5
0.990.850.940.920.950.740.570.70.21-0.760.920.550.890.790.610.50.840.830.850.650.80.920.54-0.511.0
0.830.90.790.740.920.40.810.430.32-0.910.760.520.860.550.320.570.840.990.60.790.940.690.8-0.670.84
0.840.940.810.750.920.380.870.420.44-0.950.790.420.910.570.30.550.830.990.670.830.970.740.85-0.560.84
0.870.80.860.80.770.710.580.580.44-0.670.830.210.820.680.640.30.850.60.670.550.680.970.55-0.050.85
0.710.840.730.740.770.030.770.570.65-0.910.70.050.810.690.10.360.650.790.830.550.890.660.73-0.360.68
0.830.970.780.720.920.30.920.40.59-0.980.740.250.940.60.220.450.80.940.970.680.890.730.9-0.50.8
0.930.840.950.920.850.710.560.740.39-0.720.90.320.850.80.680.360.920.690.740.970.660.730.52-0.20.93
0.570.860.540.420.690.131.00.030.69-0.890.470.060.770.230.110.310.540.80.850.550.730.90.52-0.330.54
-0.47-0.45-0.42-0.41-0.56-0.25-0.34-0.280.150.46-0.27-0.62-0.39-0.27-0.19-0.6-0.51-0.67-0.56-0.05-0.36-0.5-0.2-0.33-0.5
0.990.860.960.930.950.710.580.730.23-0.780.930.530.890.820.60.51.00.840.840.850.680.80.930.54-0.5
Click cells to compare fundamentals

Fate Therapeutics Account Relationship Matchups

Fate Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets622.5M921.5M705.6M506.2M582.1M310.1M
Short Long Term Debt Total97.3M114.8M109.3M103.5M119.1M125.0M
Other Current Liab51.4M40.0M52.3M27.5M31.6M17.7M
Total Current Liabilities85.6M81.3M114.1M39.1M45.0M36.6M
Total Stockholder Equity384.4M678.8M483.9M368.4M423.7M444.9M
Other Liab4.5M58.5M52.1M3.9M4.4M4.2M
Property Plant And Equipment Net67.1M70.7M66.1M158.5M182.3M191.4M
Current Deferred Revenue21.1M21.5M42.2M685K787.8K748.4K
Net Debt(70.0M)(18.8M)48.0M61.7M70.9M74.5M
Retained Earnings(556.9M)(769.1M)(1.1B)(1.2B)(1.1B)(1.0B)
Accounts Payable6.3M8.6M8.3M4.7M5.4M4.0M
Cash167.3M133.6M61.3M41.9M48.2M89.3M
Non Current Assets Total128.1M288.0M203.5M174.7M200.9M210.9M
Non Currrent Assets Other32.3M116.7M132.5M15.2M17.5M26.5M
Other Assets95.8M25.1M22.5M1.01.151.09
Cash And Short Term Investments482.9M615.9M436.2M315.2M362.5M224.2M
Common Stock Total Equity65K76K88K96K110.4K115.9K
Common Stock Shares Outstanding82.4M94.7M96.8M98.4M113.2M118.8M
Liabilities And Stockholders Equity622.5M921.5M705.6M506.2M582.1M310.1M
Non Current Liabilities Total152.4M161.3M107.6M98.7M113.5M63.3M
Other Current Assets4.4M8.8M27.4M14.5M16.7M17.6M
Other Stockholder Equity941.2M1.4B1.5B1.6B1.8B1.9B
Total Liab238.0M242.6M221.6M137.8M158.5M99.9M
Property Plant And Equipment Gross99.4M70.7M66.1M206.1M237.1M248.9M
Total Current Assets494.3M633.4M502.1M331.5M381.3M234.9M
Accumulated Other Comprehensive Income70K(762K)(1.9M)15K17.3K18.1K
Short Term Debt6.7M11.2M11.3M6.2M7.1M5.8M
Common Stock88K96K97K99K113.9K58.1K
Property Plant Equipment11.4M32.3M162.2M176.1M202.5M212.6M
Net Tangible Assets274.5M536.9M678.8M483.9M556.5M584.4M
Retained Earnings Total Equity(285.4M)(383.5M)(556.9M)(769.1M)(692.2M)(657.6M)
Short Term Investments315.6M482.3M374.9M273.3M314.3M159.4M
Capital Surpluse445.8M628.2M941.2M1.4B1.7B1.7B
Deferred Long Term Liab1.3M13.5M9.9M7.2M8.3M5.0M
Net Invested Capital384.4M678.8M483.9M368.4M423.7M381.5M

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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.
When determining whether Fate Therapeutics is a strong investment it is important to analyze Fate Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fate Therapeutics' future performance. For an informed investment choice regarding Fate Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fate 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 information on how to trade Fate Stock refer to our How to Trade Fate Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fate Therapeutics. If investors know Fate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fate Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.64)
Revenue Per Share
0.123
Quarterly Revenue Growth
0.581
Return On Assets
(0.22)
Return On Equity
(0.47)
The market value of Fate Therapeutics is measured differently than its book value, which is the value of Fate that is recorded on the company's balance sheet. Investors also form their own opinion of Fate Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Fate Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fate Therapeutics' market value can be influenced by many factors that don't directly affect Fate Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fate Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fate Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fate Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.