Mustang Accounts Payable vs Common Stock Shares Outstanding Analysis
MBIO Stock | USD 0.20 0.01 4.76% |
Mustang Bio financial indicator trend analysis is infinitely more than just investigating Mustang Bio recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mustang Bio is a good investment. Please check the relationship between Mustang Bio Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mustang Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Mustang Stock, please use our How to Invest in Mustang Bio guide.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mustang Bio Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mustang Bio's Accounts Payable and Common Stock Shares Outstanding is -0.53. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Mustang Bio, assuming nothing else is changed. The correlation between historical values of Mustang Bio's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mustang Bio are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Mustang Bio's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Mustang Bio obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mustang Bio are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Mustang Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mustang Bio 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 Mustang Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Mustang Stock, please use our How to Invest in Mustang Bio guide.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 9 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 155.8 K
Mustang Bio fundamental ratios Correlations
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Mustang Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mustang Bio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 3.8M | 5.4M | 6.6M | 7.1M | 8.0M | 4.1M | |
Total Current Liabilities | 7.8M | 9.5M | 10.8M | 15.1M | 15.4M | 9.2M | |
Total Stockholder Equity | 51.7M | 98.4M | 112.4M | 46.3M | 123K | 116.9K | |
Net Tangible Assets | 36.4M | 51.7M | 98.4M | 112.4M | 129.3M | 135.7M | |
Net Debt | (45.9M) | (95.6M) | (107.6M) | (44.3M) | (3.7M) | (3.9M) | |
Retained Earnings | (125.5M) | (185.5M) | (251.8M) | (329.4M) | (381.0M) | (361.9M) | |
Accounts Payable | 2.5M | 3.5M | 3.5M | 6.8M | 6.3M | 4.0M | |
Common Stock Shares Outstanding | 2.4M | 3.5M | 5.9M | 6.9M | 8.6M | 5.3M | |
Non Current Liabilities Total | 14.0M | 2.0M | 2.0M | 31.0M | 2.2M | 2.1M | |
Capital Surpluse | 98.7M | 113.4M | 172.2M | 276.0M | 317.4M | 333.2M | |
Other Stockholder Equity | 172.2M | 276.0M | 359.9M | 374.5M | 380.5M | 223.5M | |
Total Liab | 21.8M | 11.5M | 12.8M | 46.1M | 17.6M | 15.5M | |
Total Assets | 73.4M | 109.9M | 125.2M | 92.4M | 17.7M | 16.9M | |
Cash | 61.4M | 97.8M | 109.6M | 75.7M | 6.2M | 5.9M | |
Non Current Assets Total | 10.4M | 10.4M | 13.5M | 13.6M | 6.4M | 8.8M | |
Other Assets | 771K | 1.3M | 2.8M | 1.4M | 1.6M | 1.3M | |
Cash And Short Term Investments | 61.4M | 97.8M | 109.6M | 75.7M | 6.2M | 5.9M | |
Retained Earnings Total Equity | (48.4M) | (79.1M) | (125.5M) | (185.5M) | (166.9M) | (158.6M) | |
Liabilities And Stockholders Equity | 73.4M | 109.9M | 125.2M | 92.4M | 17.7M | 16.9M | |
Total Current Assets | 63.1M | 99.5M | 111.7M | 78.9M | 11.3M | 10.8M | |
Accumulated Other Comprehensive Income | 4.9M | 7.9M | 4.3M | 1.1M | 591K | 561.5K | |
Property Plant Equipment | 9.1M | 9.1M | 12.1M | 12.3M | 14.2M | 8.0M | |
Property Plant And Equipment Net | 9.1M | 9.1M | 12.1M | 12.3M | 4.8M | 8.8M | |
Net Receivables | 19K | 15K | 50K | 299K | 3.9M | 4.1M | |
Other Current Assets | 1.6M | 1.7M | 2.0M | 3.2M | 1.2M | 1.7M | |
Net Invested Capital | 65.1M | 98.4M | 112.4M | 73.7M | 123K | 116.9K | |
Property Plant And Equipment Gross | 9.1M | 9.1M | 12.1M | 12.3M | 9.3M | 9.5M | |
Net Working Capital | 55.3M | 90.0M | 100.9M | 63.7M | (4.0M) | (3.8M) | |
Capital Stock | 4K | 7K | 9K | 11K | 1K | 950.0 |
Pair Trading with Mustang Bio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mustang Bio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mustang Bio will appreciate offsetting losses from the drop in the long position's value.Moving together with Mustang Stock
Moving against Mustang Stock
The ability to find closely correlated positions to Mustang Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mustang Bio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mustang Bio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mustang Bio to buy it.
The correlation of Mustang Bio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mustang Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mustang Bio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mustang Bio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mustang Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Mustang Stock, please use our How to Invest in Mustang Bio guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mustang Bio. If investors know Mustang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mustang Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Revenue Per Share (0) | Return On Assets (0.97) | Return On Equity (11.91) |
The market value of Mustang Bio is measured differently than its book value, which is the value of Mustang that is recorded on the company's balance sheet. Investors also form their own opinion of Mustang Bio's value that differs from its market value or its book value, called intrinsic value, which is Mustang Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mustang Bio's market value can be influenced by many factors that don't directly affect Mustang Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mustang Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mustang Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mustang Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.