Ideaya Accounts Payable vs Total Assets Analysis

IDYA Stock  USD 26.54  0.25  0.93%   
Ideaya Biosciences financial indicator trend analysis is infinitely more than just investigating Ideaya Biosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ideaya Biosciences is a good investment. Please check the relationship between Ideaya Biosciences Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideaya 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 manufacturing.
For information on how to trade Ideaya Stock refer to our How to Trade Ideaya Stock guide.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideaya Biosciences Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ideaya Biosciences' Accounts Payable and Total Assets is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ideaya Biosciences, assuming nothing else is changed. The correlation between historical values of Ideaya Biosciences' Accounts Payable 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 Accounts Payable of Ideaya 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 Accounts Payable i.e., Ideaya Biosciences' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Ideaya Biosciences 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 Ideaya Biosciences 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.

Total Assets

Total assets refers to the total amount of Ideaya 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 Ideaya 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 Ideaya Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ideaya 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideaya 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 manufacturing.
For information on how to trade Ideaya Stock refer to our How to Trade Ideaya Stock guide.The current year's Enterprise Value is expected to grow to about 2 B, whereas Selling General Administrative is forecasted to decline to about 16.4 M.
 2021 2022 2023 2024 (projected)
Interest Income506K3.8M21.5M22.5M
Net Interest Income506K3.8M21.5M22.5M

Ideaya Biosciences fundamental ratios Correlations

0.790.790.990.340.970.77-0.99-0.990.940.990.860.30.130.910.90.89-0.78-0.330.980.890.990.340.990.840.99
0.790.820.770.30.860.67-0.74-0.820.740.730.650.080.180.890.880.88-0.34-0.260.860.820.80.680.770.890.8
0.790.820.740.750.850.83-0.76-0.750.560.760.690.090.190.890.770.82-0.3-0.140.840.940.740.790.740.720.78
0.990.770.740.260.970.75-0.98-0.990.950.980.860.290.00.890.90.87-0.81-0.460.980.861.00.271.00.840.98
0.340.30.750.260.380.54-0.34-0.250.020.340.25-0.170.10.470.260.410.050.180.350.620.260.650.260.120.34
0.970.860.850.970.380.84-0.95-0.970.880.950.820.260.010.930.920.91-0.67-0.451.00.930.970.480.970.890.96
0.770.670.830.750.540.84-0.75-0.780.580.760.580.530.10.830.730.8-0.37-0.230.840.890.720.650.750.760.79
-0.99-0.74-0.76-0.98-0.34-0.95-0.750.98-0.93-1.0-0.89-0.33-0.12-0.9-0.9-0.870.80.33-0.95-0.88-0.98-0.27-0.98-0.82-0.98
-0.99-0.82-0.75-0.99-0.25-0.97-0.780.98-0.95-0.98-0.83-0.36-0.09-0.92-0.93-0.910.760.38-0.98-0.88-0.99-0.33-0.99-0.89-0.99
0.940.740.560.950.020.880.58-0.93-0.950.920.780.270.090.80.850.82-0.86-0.380.90.710.960.120.950.80.94
0.990.730.760.980.340.950.76-1.0-0.980.920.890.330.110.890.870.86-0.81-0.340.960.870.980.270.980.80.98
0.860.650.690.860.250.820.58-0.89-0.830.780.890.30.190.770.770.64-0.71-0.330.820.740.850.220.860.750.79
0.30.080.090.29-0.170.260.53-0.33-0.360.270.330.30.260.30.320.28-0.22-0.010.290.290.250.020.290.470.28
0.130.180.190.00.10.010.1-0.12-0.090.090.110.190.260.160.030.110.00.810.050.080.040.330.00.110.11
0.910.890.890.890.470.930.83-0.9-0.920.80.890.770.30.160.970.97-0.48-0.250.940.970.890.570.890.90.91
0.90.880.770.90.260.920.73-0.9-0.930.850.870.770.320.030.970.95-0.53-0.40.920.910.90.410.90.940.9
0.890.880.820.870.410.910.8-0.87-0.910.820.860.640.280.110.970.95-0.48-0.240.910.940.880.520.870.870.92
-0.78-0.34-0.3-0.810.05-0.67-0.370.80.76-0.86-0.81-0.71-0.220.0-0.48-0.53-0.480.36-0.69-0.44-0.810.24-0.81-0.45-0.77
-0.33-0.26-0.14-0.460.18-0.45-0.230.330.38-0.38-0.34-0.33-0.010.81-0.25-0.4-0.240.36-0.42-0.27-0.420.14-0.46-0.41-0.32
0.980.860.840.980.351.00.84-0.95-0.980.90.960.820.290.050.940.920.91-0.69-0.420.920.970.460.980.90.97
0.890.820.940.860.620.930.89-0.88-0.880.710.870.740.290.080.970.910.94-0.44-0.270.920.850.620.860.830.89
0.990.80.741.00.260.970.72-0.98-0.990.960.980.850.250.040.890.90.88-0.81-0.420.970.850.281.00.840.99
0.340.680.790.270.650.480.65-0.27-0.330.120.270.220.020.330.570.410.520.240.140.460.620.280.270.490.36
0.990.770.741.00.260.970.75-0.98-0.990.950.980.860.290.00.890.90.87-0.81-0.460.980.861.00.270.840.98
0.840.890.720.840.120.890.76-0.82-0.890.80.80.750.470.110.90.940.87-0.45-0.410.90.830.840.490.840.82
0.990.80.780.980.340.960.79-0.98-0.990.940.980.790.280.110.910.90.92-0.77-0.320.970.890.990.360.980.82
Click cells to compare fundamentals

Ideaya Biosciences Account Relationship Matchups

Ideaya Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.0M298.3M381.3M388.0M649.3M681.8M
Other Current Liab63K7.0M17.3M25.0M17.0M11.3M
Total Current Liabilities6.9M38.6M45.2M31.7M27.1M24.7M
Total Stockholder Equity100.4M198.3M301.5M349.5M621.1M652.1M
Other Liab34K56.2M31.2M5.2M6.0M5.7M
Net Tangible Assets100.4M198.3M301.5M349.5M401.9M422.0M
Property Plant And Equipment Net9.7M9.5M8.7M9.0M8.4M8.5M
Net Debt(27.3M)(65.3M)(86.9M)(65.2M)(154.1M)(146.4M)
Retained Earnings(92.5M)(127.0M)(176.7M)(235.4M)(348.4M)(330.9M)
Accounts Payable709K953K2.1M4.3M6.6M6.9M
Cash34.1M72.0M92.0M68.6M157.0M164.9M
Non Current Assets Total12.5M9.7M130.4M17.5M116.7M122.5M
Non Currrent Assets Other1.3M82K397K205K782K416.2K
Other Assets122K188K397K205K184.5K239.2K
Cash And Short Term Investments100.5M283.6M368.1M373.1M525.1M275.6M
Common Stock Total Equity2K3K4K5K5.8K6.0K
Common Stock Shares Outstanding20.2M24.7M35.3M41.4M57.5M32.6M
Short Term Investments64.9M211.5M154.7M296.2M368.1M184.2M
Liabilities And Stockholders Equity113.0M298.3M381.3M388.0M649.3M681.8M
Non Current Liabilities Total5.7M61.4M34.7M6.8M1.1M1.1M
Capital Surpluse192.8M325.3M479.0M587.7M675.9M709.7M
Capital Lease Obligations6.8M6.7M5.2M3.5M2.9M3.9M
Other Current Assets2.7M6.3M6.2M5.4M7.5M4.6M
Other Stockholder Equity79.8M325.3M479.0M587.7M968.9M1.0B
Total Liab113.0M298.3M381.3M388.0M28.2M26.8M
Net Invested Capital100.4M198.3M301.5M349.5M621.1M652.1M
Property Plant And Equipment Gross9.7M4.3M14.3M16.5M18.0M11.3M
Total Current Assets100.5M288.6M251.0M370.5M532.6M559.3M
Accumulated Other Comprehensive Income65K7K(712K)(2.9M)562K590.1K
Non Current Liabilities Other34K12K34.7M6.8M7.8M7.7M
Net Working Capital94.7M250.0M205.8M338.7M505.5M530.8M
Short Term Debt1.1M3.1M3.4M3.7M3.5M2.3M
Common Stock2K3K4K5K7K3.6K
Property Plant Equipment9.7M9.5M4.8M6.5M7.5M7.2M
Capital Stock2K3K4K5K7K3.9K

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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 Ideaya Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ideaya Biosciences' 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 Ideaya Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ideaya Biosciences Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideaya 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 manufacturing.
For information on how to trade Ideaya Stock refer to our How to Trade Ideaya Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 Ideaya Biosciences. If investors know Ideaya 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 Ideaya Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.33)
Revenue Per Share
0.051
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.16)
Return On Equity
(0.21)
The market value of Ideaya Biosciences is measured differently than its book value, which is the value of Ideaya that is recorded on the company's balance sheet. Investors also form their own opinion of Ideaya Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Ideaya Biosciences' 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 Ideaya Biosciences' market value can be influenced by many factors that don't directly affect Ideaya Biosciences' 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 Ideaya Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ideaya Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideaya Biosciences' 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.