Inozyme Other Current Liab vs Total Assets Analysis

INZY Stock  USD 2.65  0.01  0.38%   
Inozyme Pharma financial indicator trend analysis is infinitely more than just investigating Inozyme Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inozyme Pharma is a good investment. Please check the relationship between Inozyme Pharma Other Current Liab and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inozyme Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Inozyme Stock please use our How to Invest in Inozyme Pharma guide.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inozyme Pharma Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Inozyme Pharma's Other Current Liab and Total Assets is 0.96. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Inozyme Pharma, assuming nothing else is changed. The correlation between historical values of Inozyme Pharma's Other Current Liab 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 Other Current Liab of Inozyme Pharma 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 Other Current Liab i.e., Inozyme Pharma's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Assets

Total assets refers to the total amount of Inozyme Pharma 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 Inozyme Pharma 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 Inozyme Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inozyme Pharma 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 Inozyme Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Inozyme Stock please use our How to Invest in Inozyme Pharma guide.Selling General Administrative is likely to drop to about 14.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 63.3 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income211K1.9M4.1M4.3M
Net Interest Income211K1.9M4.1M4.3M

Inozyme Pharma fundamental ratios Correlations

0.960.950.980.970.85-0.05-0.880.740.420.80.870.781.00.780.891.0-0.730.940.90.84-0.630.870.991.01.0
0.961.00.930.930.90.15-0.940.70.180.690.890.610.950.750.940.96-0.730.960.890.91-0.610.890.950.960.95
0.951.00.950.940.940.12-0.930.750.20.730.920.630.940.710.910.95-0.780.960.880.9-0.680.880.950.950.94
0.980.930.951.00.91-0.16-0.830.850.480.880.950.830.970.670.810.97-0.860.930.840.81-0.790.820.990.960.96
0.970.930.941.00.91-0.18-0.810.860.490.890.950.830.970.630.80.97-0.870.910.810.79-0.790.820.990.960.95
0.850.90.940.910.910.03-0.810.860.20.770.970.640.840.530.720.86-0.90.890.770.82-0.830.810.880.840.83
-0.050.150.12-0.16-0.180.03-0.38-0.42-0.88-0.54-0.17-0.61-0.060.320.32-0.030.290.170.280.420.350.02-0.080.0-0.01
-0.88-0.94-0.93-0.83-0.81-0.81-0.38-0.57-0.03-0.55-0.77-0.48-0.88-0.89-0.93-0.890.6-0.97-0.97-0.980.49-0.8-0.86-0.9-0.89
0.740.70.750.850.860.86-0.42-0.570.60.950.950.860.730.350.440.73-0.960.740.570.56-0.950.640.780.70.69
0.420.180.20.480.490.2-0.88-0.030.60.770.410.870.430.150.050.39-0.460.230.17-0.03-0.490.260.420.370.39
0.80.690.730.880.890.77-0.54-0.550.950.770.890.970.80.450.470.79-0.880.730.610.51-0.860.680.830.770.77
0.870.890.920.950.950.97-0.17-0.770.950.410.890.780.860.520.690.88-0.940.880.740.76-0.890.80.90.850.84
0.780.610.630.830.830.64-0.61-0.480.860.870.970.780.780.490.440.76-0.760.660.580.43-0.740.630.790.740.75
1.00.950.940.970.970.84-0.06-0.880.730.430.80.860.780.790.891.0-0.720.940.90.83-0.620.870.991.01.0
0.780.750.710.670.630.530.32-0.890.350.150.450.520.490.790.810.78-0.330.840.940.83-0.230.690.720.80.81
0.890.940.910.810.80.720.32-0.930.440.050.470.690.440.890.810.9-0.490.890.880.89-0.360.780.870.920.91
1.00.960.950.970.970.86-0.03-0.890.730.390.790.880.761.00.780.9-0.730.940.90.84-0.630.890.991.01.0
-0.73-0.73-0.78-0.86-0.87-0.90.290.6-0.96-0.46-0.88-0.94-0.76-0.72-0.33-0.49-0.73-0.76-0.59-0.640.99-0.56-0.8-0.7-0.69
0.940.960.960.930.910.890.17-0.970.740.230.730.880.660.940.840.890.94-0.760.960.96-0.670.820.940.940.94
0.90.890.880.840.810.770.28-0.970.570.170.610.740.580.90.940.880.9-0.590.960.95-0.50.770.870.910.91
0.840.910.90.810.790.820.42-0.980.56-0.030.510.760.430.830.830.890.84-0.640.960.95-0.550.690.840.860.85
-0.63-0.61-0.68-0.79-0.79-0.830.350.49-0.95-0.49-0.86-0.89-0.74-0.62-0.23-0.36-0.630.99-0.67-0.5-0.55-0.44-0.71-0.6-0.59
0.870.890.880.820.820.810.02-0.80.640.260.680.80.630.870.690.780.89-0.560.820.770.69-0.440.840.870.87
0.990.950.950.990.990.88-0.08-0.860.780.420.830.90.790.990.720.870.99-0.80.940.870.84-0.710.840.990.99
1.00.960.950.960.960.840.0-0.90.70.370.770.850.741.00.80.921.0-0.70.940.910.86-0.60.870.991.0
1.00.950.940.960.950.83-0.01-0.890.690.390.770.840.751.00.810.911.0-0.690.940.910.85-0.590.870.991.0
Click cells to compare fundamentals

Inozyme Pharma Account Relationship Matchups

Inozyme Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.9M169.4M123.5M139.2M200.8M132.8M
Other Current Liab2.3M6.9M7.8M10.5M11.7M7.5M
Total Current Liabilities3.2M10.0M11.6M14.7M14.7M10.4M
Total Stockholder Equity(33.2M)158.1M109.3M118.6M140.5M87.9M
Net Tangible Assets(33.2M)158.1M109.3M118.4M136.2M74.5M
Property Plant And Equipment Net298K2.6M4.4M3.6M2.6M2.5M
Net Debt(31.6M)(158.6M)(19.9M)(26.1M)12.0M12.6M
Retained Earnings(34.7M)(91.1M)(147.7M)(214.8M)(285.9M)(271.6M)
Accounts Payable901K3.1M2.4M2.5M1.2M2.0M
Cash31.6M159.9M23.3M32.9M34.6M42.4M
Non Current Assets Total484K18.4M8.2M7.8M4.6M7.3M
Non Currrent Assets Other56K3.5M3.4M3.8M2.0M2.4M
Cash And Short Term Investments47.1M159.9M111.8M127.9M188.6M124.4M
Net Receivables104K155K62K115K385K404.3K
Common Stock Shares Outstanding15.2M23.4M23.6M37.8M51.8M30.6M
Short Term Investments15.5M119.7M88.5M95.0M154.0M88.0M
Liabilities And Stockholders Equity47.9M169.4M123.5M139.4M200.8M132.8M
Non Current Liabilities Total77.9M1.3M2.6M6.1M45.7M25.2M
Capital Surpluse1.4M249.2M256.9M333.4M383.4M402.5M
Other Current Assets224K3.3M3.5M3.4M7.3M7.6M
Other Stockholder Equity(76.5M)79.8M256.9M333.4M426.4M447.7M
Total Liab81.2M11.3M14.3M20.8M60.4M32.7M
Net Invested Capital(33.2M)158.1M109.3M122.5M185.2M96.8M
Total Current Assets47.5M151.0M115.3M131.4M196.3M125.5M
Accumulated Other Comprehensive Income5K2K18K(205K)41K43.1K
Net Working Capital44.2M141.0M103.7M116.7M181.6M115.1M
Property Plant Equipment298K2.6M4.4M2.0M2.3M2.1M

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