Leap Cash vs Total Assets Analysis
LPTX Stock | USD 2.55 0.03 1.16% |
Leap Therapeutics financial indicator trend analysis is infinitely more than just investigating Leap Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leap Therapeutics is a good investment. Please check the relationship between Leap Therapeutics Cash and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap 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 more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leap Therapeutics Cash account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Leap Therapeutics' Cash and Total Assets is 0.96. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Leap Therapeutics, assuming nothing else is changed. The correlation between historical values of Leap Therapeutics' Cash 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 Cash of Leap Therapeutics 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 Cash i.e., Leap Therapeutics' Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Leap Therapeutics, which is listed under current asset account on Leap Therapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Leap Therapeutics customers. The amounts must be unrestricted with restricted cash listed in a different Leap Therapeutics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Assets
Total assets refers to the total amount of Leap Therapeutics 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 Leap Therapeutics 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 Leap Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leap 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap 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 more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.Selling General Administrative is likely to drop to about 8.7 M in 2024. Tax Provision is expected to grow at the current pace this year
Leap Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Leap Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leap Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Other Current Liab | 3.4M | 3.0M | 4.9M | 4.7M | 5.7M | 3.0M | |
Total Current Liabilities | 8.5M | 7.4M | 10.0M | 11.2M | 12.7M | 9.7M | |
Total Stockholder Equity | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 63.1M | |
Property Plant And Equipment Net | 1.2M | 593K | 495K | 689K | 262K | 444.1K | |
Net Debt | (2.9M) | (51.5M) | (114.4M) | (64.8M) | (70.4M) | (66.9M) | |
Retained Earnings | (195.2M) | (223.0M) | (263.6M) | (318.2M) | (399.6M) | (379.6M) | |
Accounts Payable | 4.6M | 2.7M | 4.2M | 5.7M | 6.5M | 6.8M | |
Cash | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 38.1M | |
Non Current Assets Total | 3.2M | 2.1M | 1.0M | 2.4M | 1.2M | 1.9M | |
Non Currrent Assets Other | 1.9M | 1.3M | 383K | 1.7M | 966K | 1.3M | |
Cash And Short Term Investments | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 42.0M | |
Net Receivables | 185K | 73K | 1.2M | 2.1M | 771K | 1.0M | |
Common Stock Total Equity | 15K | 24K | 60K | 88K | 101.2K | 106.3K | |
Common Stock Shares Outstanding | 2.3M | 5.9M | 8.6M | 11.3M | 20.4M | 21.5M | |
Liabilities And Stockholders Equity | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Non Current Liabilities Total | 3.4M | 711K | 348K | 37K | 262K | 0.0 | |
Other Current Assets | 165K | 130K | 769K | 351K | 183K | 284.3K | |
Other Stockholder Equity | 193.3M | 270.2M | 371.6M | 376.8M | 459.6M | 482.6M | |
Total Liab | 9.2M | 7.7M | 10.0M | 11.5M | 12.7M | 8.8M | |
Property Plant And Equipment Gross | 1.2M | 593K | 495K | 689K | 483K | 464.4K | |
Total Current Assets | 4.2M | 52.3M | 116.9M | 68.0M | 71.6M | 43.3M | |
Accumulated Other Comprehensive Income | 76K | (579K) | (267K) | 128K | 106K | 100.7K | |
Common Stock | 24K | 60K | 88K | 99K | 26K | 27.3K | |
Net Tangible Assets | (1.7M) | 46.7M | 107.9M | 58.9M | 67.7M | 71.1M | |
Other Assets | 2.1M | 2.0M | 542K | 1.7M | 2.0M | 1.5M | |
Property Plant Equipment | 1.2M | 65K | 36K | 689K | 792.4K | 832.0K | |
Capital Surpluse | 162.4M | 193.3M | 270.2M | 371.6M | 427.4M | 448.8M | |
Deferred Long Term Liab | 162K | 831K | 345K | 576K | 518.4K | 442.1K | |
Non Current Liabilities Other | 3.4M | 159K | 348K | 37K | 33.3K | 31.6K | |
Retained Earnings Total Equity | (153.5M) | (195.2M) | (223.0M) | (263.6M) | (237.2M) | (249.1M) | |
Net Invested Capital | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 45.9M | |
Net Working Capital | (4.2M) | 44.9M | 106.9M | 56.7M | 58.9M | 46.5M | |
Capital Stock | 24K | 60K | 88K | 99K | 26K | 24.7K |
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