Leap Depreciation And Amortization vs Total Current Liabilities Analysis

LPTX Stock  USD 2.98  0.06  2.05%   
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 Depreciation And Amortization and its Total Current Liabilities 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.

Depreciation And Amortization vs Total Current Liabilities

Depreciation And Amortization vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leap Therapeutics Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Leap Therapeutics' Depreciation And Amortization and Total Current Liabilities is -0.6. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities 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' Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Leap Therapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., Leap Therapeutics' Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Liabilities

Total Current Liabilities is an item on Leap Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Leap Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

0.590.020.810.17-0.92-0.640.450.96-0.27-0.11.00.110.80.59-0.280.440.740.330.231.00.290.690.08-0.05-0.34
0.590.410.320.29-0.55-0.720.760.60.410.030.570.410.50.57-0.540.120.720.760.380.57-0.010.60.540.28-0.12
0.020.41-0.51-0.090.14-0.310.480.050.380.52-0.010.830.090.20.17-0.340.130.27-0.060.01-0.89-0.270.67-0.020.81
0.810.32-0.510.27-0.89-0.520.280.77-0.35-0.310.83-0.370.740.55-0.410.50.690.170.320.820.770.8-0.210.14-0.79
0.170.29-0.090.27-0.2-0.310.310.150.60.160.16-0.240.260.15-0.30.060.350.050.980.150.280.270.250.65-0.32
-0.92-0.550.14-0.89-0.20.72-0.54-0.950.290.23-0.920.03-0.84-0.710.51-0.53-0.83-0.4-0.27-0.92-0.48-0.88-0.01-0.070.55
-0.64-0.72-0.31-0.52-0.310.72-0.94-0.67-0.12-0.31-0.63-0.27-0.87-0.920.460.06-0.97-0.6-0.43-0.64-0.14-0.6-0.62-0.460.26
0.450.760.480.280.31-0.54-0.940.520.30.360.430.430.690.82-0.46-0.10.870.670.410.44-0.050.50.70.5-0.1
0.960.60.050.770.15-0.95-0.670.52-0.29-0.150.960.130.770.61-0.420.50.750.420.220.960.290.770.09-0.07-0.35
-0.270.410.38-0.350.60.29-0.120.3-0.290.26-0.30.22-0.13-0.03-0.26-0.230.070.190.56-0.29-0.28-0.060.50.470.22
-0.10.030.52-0.310.160.23-0.310.36-0.150.26-0.110.450.10.090.29-0.750.120.160.16-0.1-0.41-0.50.790.160.34
1.00.57-0.010.830.16-0.92-0.630.430.96-0.3-0.110.080.80.59-0.280.440.730.310.231.00.320.690.06-0.05-0.37
0.110.410.83-0.37-0.240.03-0.270.430.130.220.450.080.080.150.13-0.190.120.47-0.250.11-0.72-0.180.5-0.140.64
0.80.50.090.740.26-0.84-0.870.690.77-0.130.10.80.080.91-0.310.170.920.260.370.80.270.640.270.37-0.33
0.590.570.20.550.15-0.71-0.920.820.61-0.030.090.590.150.91-0.410.040.920.40.290.590.170.620.380.49-0.26
-0.28-0.540.17-0.41-0.30.510.46-0.46-0.42-0.260.29-0.280.13-0.31-0.41-0.42-0.52-0.59-0.34-0.28-0.44-0.75-0.11-0.240.53
0.440.12-0.340.50.06-0.530.06-0.10.5-0.23-0.750.44-0.190.170.04-0.420.12-0.050.030.440.360.63-0.67-0.15-0.32
0.740.720.130.690.35-0.83-0.970.870.750.070.120.730.120.920.92-0.520.120.530.460.730.310.750.450.44-0.42
0.330.760.270.170.05-0.4-0.60.670.420.190.160.310.470.260.4-0.59-0.050.530.120.330.070.450.530.12-0.22
0.230.38-0.060.320.98-0.27-0.430.410.220.560.160.23-0.250.370.29-0.340.030.460.120.220.30.340.310.73-0.34
1.00.570.010.820.15-0.92-0.640.440.96-0.29-0.11.00.110.80.59-0.280.440.730.330.220.30.690.07-0.06-0.35
0.29-0.01-0.890.770.28-0.48-0.14-0.050.29-0.28-0.410.32-0.720.270.17-0.440.360.310.070.30.30.59-0.390.23-0.99
0.690.6-0.270.80.27-0.88-0.60.50.77-0.06-0.50.69-0.180.640.62-0.750.630.750.450.340.690.59-0.090.19-0.66
0.080.540.67-0.210.25-0.01-0.620.70.090.50.790.060.50.270.38-0.11-0.670.450.530.310.07-0.39-0.090.270.25
-0.050.28-0.020.140.65-0.07-0.460.5-0.070.470.16-0.05-0.140.370.49-0.24-0.150.440.120.73-0.060.230.190.27-0.26
-0.34-0.120.81-0.79-0.320.550.26-0.1-0.350.220.34-0.370.64-0.33-0.260.53-0.32-0.42-0.22-0.34-0.35-0.99-0.660.25-0.26
Click cells to compare fundamentals

Leap Therapeutics Account Relationship Matchups

Leap Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4M54.4M117.9M70.4M72.8M45.2M
Other Current Liab3.4M3.0M4.9M4.7M5.7M3.0M
Total Current Liabilities8.5M7.4M10.0M11.2M12.7M9.7M
Total Stockholder Equity(1.7M)46.7M107.9M58.9M60.1M63.1M
Property Plant And Equipment Net1.2M593K495K689K262K444.1K
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 Payable4.6M2.7M4.2M5.7M6.5M6.8M
Cash3.9M52.1M114.9M65.5M70.6M38.1M
Non Current Assets Total3.2M2.1M1.0M2.4M1.2M1.9M
Non Currrent Assets Other1.9M1.3M383K1.7M966K1.3M
Cash And Short Term Investments3.9M52.1M114.9M65.5M70.6M42.0M
Net Receivables185K73K1.2M2.1M771K1.0M
Common Stock Total Equity15K24K60K88K101.2K106.3K
Common Stock Shares Outstanding2.3M5.9M8.6M11.3M20.4M21.5M
Liabilities And Stockholders Equity7.4M54.4M117.9M70.4M72.8M45.2M
Non Current Liabilities Total3.4M711K348K37K262K0.0
Other Current Assets165K130K769K351K183K284.3K
Other Stockholder Equity193.3M270.2M371.6M376.8M459.6M482.6M
Total Liab9.2M7.7M10.0M11.5M12.7M8.8M
Property Plant And Equipment Gross1.2M593K495K689K483K464.4K
Total Current Assets4.2M52.3M116.9M68.0M71.6M43.3M
Accumulated Other Comprehensive Income76K(579K)(267K)128K106K100.7K
Common Stock24K60K88K99K26K27.3K
Net Tangible Assets(1.7M)46.7M107.9M58.9M67.7M71.1M
Other Assets2.1M2.0M542K1.7M2.0M1.5M
Property Plant Equipment1.2M65K36K689K792.4K832.0K
Capital Surpluse162.4M193.3M270.2M371.6M427.4M448.8M
Deferred Long Term Liab162K831K345K576K518.4K442.1K
Non Current Liabilities Other3.4M159K348K37K33.3K31.6K
Retained Earnings Total Equity(153.5M)(195.2M)(223.0M)(263.6M)(237.2M)(249.1M)
Net Invested Capital(1.7M)46.7M107.9M58.9M60.1M45.9M
Net Working Capital(4.2M)44.9M106.9M56.7M58.9M46.5M
Capital Stock24K60K88K99K26K24.7K

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Additional Tools for Leap Stock Analysis

When running Leap Therapeutics' price analysis, check to measure Leap Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leap Therapeutics is operating at the current time. Most of Leap Therapeutics' value examination focuses on studying past and present price action to predict the probability of Leap Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leap Therapeutics' price. Additionally, you may evaluate how the addition of Leap Therapeutics to your portfolios can decrease your overall portfolio volatility.