LAVA Total Current Liabilities vs Current Deferred Revenue Analysis

LVTX Stock  USD 1.60  0.05  3.23%   
LAVA Therapeutics financial indicator trend analysis is infinitely more than just investigating LAVA Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LAVA Therapeutics is a good investment. Please check the relationship between LAVA Therapeutics Total Current Liabilities and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LAVA Therapeutics NV. 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.

Total Current Liabilities vs Current Deferred Revenue

Total Current Liabilities vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LAVA Therapeutics Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LAVA Therapeutics' Total Current Liabilities and Current Deferred Revenue is 0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of LAVA Therapeutics NV, assuming nothing else is changed. The correlation between historical values of LAVA Therapeutics' Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of LAVA Therapeutics NV are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., LAVA Therapeutics' Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on LAVA 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 LAVA Therapeutics NV 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from LAVA Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LAVA 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 LAVA Therapeutics NV. 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.
Tax Provision is likely to drop to about 158.4 K in 2024. Selling General Administrative is likely to drop to about 9.5 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense625K82K232K300.7K
Depreciation And Amortization558K504K1.3M1.3M

LAVA Therapeutics fundamental ratios Correlations

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LAVA Therapeutics Account Relationship Matchups

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When running LAVA Therapeutics' price analysis, check to measure LAVA 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 LAVA Therapeutics is operating at the current time. Most of LAVA Therapeutics' value examination focuses on studying past and present price action to predict the probability of LAVA Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LAVA Therapeutics' price. Additionally, you may evaluate how the addition of LAVA Therapeutics to your portfolios can decrease your overall portfolio volatility.