Leap Net Tangible Assets vs Short Term Debt Analysis
LPTX Stock | USD 2.58 0.01 0.39% |
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 Net Tangible Assets and its Short Term Debt 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.
Net Tangible Assets vs Short Term Debt
Net Tangible Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leap Therapeutics Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Leap Therapeutics' Net Tangible Assets and Short Term Debt is -0.66. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt 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' Net Tangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Leap Therapeutics are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Leap Therapeutics' Net Tangible Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Short Term Debt
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
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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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