FibroGen Property Plant And Equipment Net vs Total Liab Analysis

FGEN Stock  USD 0.39  0.01  2.50%   
FibroGen financial indicator trend analysis is much more than just examining FibroGen latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FibroGen is a good investment. Please check the relationship between FibroGen Property Plant And Equipment Net and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FibroGen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in FibroGen Stock, please use our How to Invest in FibroGen guide.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FibroGen Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FibroGen's Property Plant And Equipment Net and Total Liab is -0.52. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of FibroGen, assuming nothing else is changed. The correlation between historical values of FibroGen's Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of FibroGen are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., FibroGen's Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from FibroGen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FibroGen 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 FibroGen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in FibroGen Stock, please use our How to Invest in FibroGen guide.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 82.7 M. In addition to that, Tax Provision is likely to drop to about 29.4 K
 2021 2022 2023 2024 (projected)
Interest Expense2.2M1.4M15.5M16.3M
Depreciation And Amortization14.8M10.6M9.9M7.2M

FibroGen fundamental ratios Correlations

-0.080.340.450.640.6-0.360.35-0.59-0.40.440.6-0.230.220.32-0.70.960.550.780.650.640.540.390.760.51-0.34
-0.08-0.23-0.04-0.110.160.410.40.07-0.03-0.210.020.140.12-0.51-0.29-0.06-0.120.170.02-0.080.3-0.320.080.130.69
0.34-0.230.95-0.280.84-0.620.51-0.03-0.840.910.05-0.41-0.410.04-0.030.340.430.670.710.420.790.180.750.90.11
0.45-0.040.95-0.220.93-0.580.65-0.16-0.880.950.2-0.36-0.360.05-0.150.450.40.80.790.390.90.110.850.980.13
0.64-0.11-0.28-0.22-0.060.11-0.16-0.610.41-0.160.540.080.570.52-0.480.620.220.20.060.32-0.160.310.14-0.19-0.57
0.60.160.840.93-0.06-0.60.64-0.25-0.870.810.31-0.45-0.240.01-0.360.610.540.930.860.490.970.220.950.970.26
-0.360.41-0.62-0.580.11-0.60.040.290.67-0.58-0.30.730.4-0.380.16-0.42-0.46-0.55-0.66-0.18-0.44-0.47-0.63-0.520.05
0.350.40.510.65-0.160.640.040.0-0.570.60.070.13-0.27-0.18-0.270.30.420.630.440.330.78-0.370.560.730.34
-0.590.07-0.03-0.16-0.61-0.250.290.00.01-0.27-0.990.36-0.05-0.760.26-0.71-0.07-0.39-0.260.16-0.110.02-0.37-0.140.42
-0.4-0.03-0.84-0.880.41-0.870.67-0.570.01-0.78-0.090.480.470.170.24-0.41-0.46-0.74-0.79-0.39-0.88-0.15-0.81-0.9-0.34
0.44-0.210.910.95-0.160.81-0.580.6-0.27-0.780.29-0.33-0.460.27-0.050.450.380.70.750.280.77-0.020.780.88-0.07
0.60.020.050.20.540.31-0.30.07-0.99-0.090.29-0.39-0.020.69-0.280.720.090.440.29-0.180.18-0.070.40.19-0.31
-0.230.14-0.41-0.360.08-0.450.730.130.360.48-0.33-0.390.42-0.280.13-0.43-0.36-0.33-0.54-0.11-0.32-0.18-0.48-0.35-0.06
0.220.12-0.41-0.360.57-0.240.4-0.27-0.050.47-0.46-0.020.42-0.15-0.390.1-0.35-0.06-0.240.22-0.250.55-0.17-0.31-0.36
0.32-0.510.040.050.520.01-0.38-0.18-0.760.170.270.69-0.28-0.150.040.410.20.130.11-0.2-0.16-0.010.13-0.06-0.63
-0.7-0.29-0.03-0.15-0.48-0.360.16-0.270.260.24-0.05-0.280.13-0.390.04-0.65-0.43-0.54-0.5-0.57-0.36-0.41-0.54-0.260.05
0.96-0.060.340.450.620.61-0.420.3-0.71-0.410.450.72-0.430.10.41-0.650.540.760.670.540.530.290.770.5-0.32
0.55-0.120.430.40.220.54-0.460.42-0.07-0.460.380.09-0.36-0.350.2-0.430.540.590.610.670.50.160.610.460.12
0.780.170.670.80.20.93-0.550.63-0.39-0.740.70.44-0.33-0.060.13-0.540.760.590.790.550.90.290.940.870.11
0.650.020.710.790.060.86-0.660.44-0.26-0.790.750.29-0.54-0.240.11-0.50.670.610.790.590.810.310.950.820.05
0.64-0.080.420.390.320.49-0.180.330.16-0.390.28-0.18-0.110.22-0.2-0.570.540.670.550.590.510.510.590.46-0.1
0.540.30.790.9-0.160.97-0.440.78-0.11-0.880.770.18-0.32-0.25-0.16-0.360.530.50.90.810.510.090.90.970.36
0.39-0.320.180.110.310.22-0.47-0.370.02-0.15-0.02-0.07-0.180.55-0.01-0.410.290.160.290.310.510.090.310.1-0.27
0.760.080.750.850.140.95-0.630.56-0.37-0.810.780.4-0.48-0.170.13-0.540.770.610.940.950.590.90.310.90.07
0.510.130.90.98-0.190.97-0.520.73-0.14-0.90.880.19-0.35-0.31-0.06-0.260.50.460.870.820.460.970.10.90.25
-0.340.690.110.13-0.570.260.050.340.42-0.34-0.07-0.31-0.06-0.36-0.630.05-0.320.120.110.05-0.10.36-0.270.070.25
Click cells to compare fundamentals

FibroGen Account Relationship Matchups

FibroGen fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets857.4M826.8M773.8M610.1M423.5M665.2M
Short Long Term Debt Total67.9M37.7M99.7M89.9M170.5M89.2M
Other Current Liab83.8M118.9M149.0M224.8M166.2M84.4M
Total Current Liabilities102.7M163.2M225.5M273.6M217.7M128.8M
Total Stockholder Equity516.1M422.2M209.1M(21.4M)(204.2M)(194.0M)
Other Liab162.8M178.1M212.8M241.4M277.6M147.1M
Property Plant And Equipment Net82.3M63.3M120.2M100.5M81.4M89.5M
Current Deferred Revenue490K6.5M15.9M13.1M12.7M10.0M
Net Debt(75.2M)(640.7M)(71.5M)(65.8M)56.8M59.6M
Retained Earnings(784.7M)(974.0M)(1.3B)(1.6B)(1.8B)(1.7B)
Accounts Payable6.1M24.8M26.1M30.8M18.0M13.0M
Cash126.3M678.4M171.2M155.7M113.7M108.0M
Non Current Assets Total154.9M71.7M299.8M117.3M92.0M146.7M
Non Currrent Assets Other11.4M5.5M8.0M7.4M5.3M6.5M
Other Assets9.5M38.1M8.0M6.9M1.00.95
Long Term Debt17.2M16.8M16.8M71.9M64.7M46.3M
Cash And Short Term Investments533.8M686.5M405.2M422.0M235.6M404.9M
Net Receivables28.5M41.9M25.4M16.3M41.1M26.7M
Common Stock Total Equity854K877K914K929K1.1M716.1K
Common Stock Shares Outstanding86.6M89.9M92.3M93.6M97.3M78.2M
Short Term Investments407.5M8.1M234.0M266.3M121.9M165.1M
Liabilities And Stockholders Equity857.4M826.8M773.8M610.1M423.5M665.2M
Non Current Liabilities Total219.2M222.2M319.2M338.0M368.1M261.8M
Other Current Assets133.4M10.2M12.5M14.1M13.4M19.5M
Other Stockholder Equity1.3B1.4B1.5B1.5B1.6B1.0B
Total Liab322.0M385.4M544.7M611.6M585.7M390.6M
Property Plant And Equipment Gross82.3M63.3M120.2M100.5M253.1M138.8M
Total Current Assets702.5M755.1M474.1M492.8M331.6M463.5M
Accumulated Other Comprehensive Income(747K)(4.5M)(4.2M)(5.7M)(6.9M)(6.5M)
Short Term Debt12.4M13.5M21.9M10.3M14.1M20.2M
Common Stock877K914K929K942K988K773.7K
Property Plant Equipment42.7M33.6M120.2M100.9M90.8M86.7M
Net Tangible Assets516.1M422.2M209.1M(21.4M)(19.3M)(18.3M)
Long Term Investments61.1M244K171.6M9.4M5.3M5.0M
Retained Earnings Total Equity(715.8M)(784.7M)(974.0M)(1.3B)(1.1B)(1.2B)
Capital Surpluse1.2B1.3B1.4B1.5B1.7B1.2B

Pair Trading with FibroGen

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FibroGen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FibroGen will appreciate offsetting losses from the drop in the long position's value.

Moving against FibroGen Stock

  0.62MLYS Mineralys Therapeutics,PairCorr
  0.52KZR Kezar Life SciencesPairCorr
The ability to find closely correlated positions to FibroGen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FibroGen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FibroGen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FibroGen to buy it.
The correlation of FibroGen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FibroGen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FibroGen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FibroGen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FibroGen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FibroGen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fibrogen Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fibrogen Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FibroGen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in FibroGen Stock, please use our How to Invest in FibroGen guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 FibroGen. If investors know FibroGen 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 FibroGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.536
Earnings Share
(1.23)
Revenue Per Share
1.758
Quarterly Revenue Growth
0.143
Return On Assets
(0.27)
The market value of FibroGen is measured differently than its book value, which is the value of FibroGen that is recorded on the company's balance sheet. Investors also form their own opinion of FibroGen's value that differs from its market value or its book value, called intrinsic value, which is FibroGen's 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 FibroGen's market value can be influenced by many factors that don't directly affect FibroGen's 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 FibroGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if FibroGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FibroGen's 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.