Mustang Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mustang Bio Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mustang Bio's Total Assets and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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 Total Assets 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 Total Assets of Mustang Bio 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 Total Assets i.e., Mustang Bio's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Mustang Bio 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 Mustang Bio 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.

Total Current Liabilities

Total Current Liabilities is an item on Mustang Bio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mustang Bio 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 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

0.180.340.250.23-0.16-0.230.570.18-0.330.790.230.330.72-0.3-0.190.560.37-0.370.220.32-0.290.330.340.44-0.2
0.180.960.480.87-0.58-0.910.710.9-0.210.410.90.950.74-0.59-0.670.640.530.040.50.41-0.920.460.360.780.48
0.340.960.360.86-0.43-0.930.810.88-0.140.510.880.950.82-0.51-0.570.610.440.030.370.31-0.90.360.470.770.52
0.250.480.360.53-0.98-0.320.460.5-0.650.110.530.60.29-0.62-0.680.810.95-0.560.870.93-0.630.940.330.69-0.29
0.230.870.860.53-0.56-0.960.840.99-0.470.230.990.940.64-0.74-0.810.560.48-0.160.350.35-0.940.410.530.790.62
-0.16-0.58-0.43-0.98-0.560.39-0.41-0.560.57-0.14-0.58-0.65-0.340.60.69-0.83-0.950.43-0.91-0.930.69-0.94-0.27-0.720.24
-0.23-0.91-0.93-0.32-0.960.39-0.82-0.970.26-0.34-0.96-0.93-0.730.60.67-0.49-0.33-0.02-0.23-0.190.91-0.25-0.52-0.77-0.72
0.570.710.810.460.84-0.41-0.820.82-0.530.370.840.860.69-0.73-0.720.570.41-0.360.210.29-0.810.330.750.720.44
0.180.90.880.50.99-0.56-0.970.82-0.410.241.00.950.65-0.7-0.780.560.47-0.140.370.35-0.960.40.550.820.63
-0.33-0.21-0.14-0.65-0.470.570.26-0.53-0.410.01-0.44-0.38-0.180.880.83-0.38-0.440.73-0.27-0.40.41-0.41-0.52-0.450.01
0.790.410.510.110.23-0.14-0.340.370.240.010.260.380.89-0.13-0.090.610.340.060.350.29-0.360.30.070.5-0.12
0.230.90.880.530.99-0.58-0.960.841.0-0.440.260.950.67-0.71-0.780.570.5-0.20.390.37-0.970.420.580.840.6
0.330.950.950.60.94-0.65-0.930.860.95-0.380.380.950.74-0.7-0.760.710.61-0.150.510.5-0.970.540.530.850.45
0.720.740.820.290.64-0.34-0.730.690.65-0.180.890.670.74-0.43-0.430.710.45-0.010.40.35-0.730.380.350.760.23
-0.3-0.59-0.51-0.62-0.740.60.6-0.73-0.70.88-0.13-0.71-0.7-0.430.98-0.5-0.450.45-0.29-0.370.66-0.4-0.54-0.61-0.28
-0.19-0.67-0.57-0.68-0.810.690.67-0.72-0.780.83-0.09-0.78-0.76-0.430.98-0.55-0.520.39-0.39-0.440.74-0.47-0.53-0.67-0.31
0.560.640.610.810.56-0.83-0.490.570.56-0.380.610.570.710.71-0.5-0.550.91-0.230.870.87-0.710.890.310.82-0.25
0.370.530.440.950.48-0.95-0.330.410.47-0.440.340.50.610.45-0.45-0.520.91-0.430.960.99-0.650.990.230.74-0.37
-0.370.040.03-0.56-0.160.43-0.02-0.36-0.140.730.06-0.2-0.15-0.010.450.39-0.23-0.43-0.26-0.420.24-0.42-0.46-0.260.25
0.220.50.370.870.35-0.91-0.230.210.37-0.270.350.390.510.4-0.29-0.390.870.96-0.260.97-0.560.970.050.66-0.44
0.320.410.310.930.35-0.93-0.190.290.35-0.40.290.370.50.35-0.37-0.440.870.99-0.420.97-0.531.00.120.63-0.48
-0.29-0.92-0.9-0.63-0.940.690.91-0.81-0.960.41-0.36-0.97-0.97-0.730.660.74-0.71-0.650.24-0.56-0.53-0.58-0.58-0.92-0.43
0.330.460.360.940.41-0.94-0.250.330.4-0.410.30.420.540.38-0.4-0.470.890.99-0.420.971.0-0.580.160.67-0.43
0.340.360.470.330.53-0.27-0.520.750.55-0.520.070.580.530.35-0.54-0.530.310.23-0.460.050.12-0.580.160.640.29
0.440.780.770.690.79-0.72-0.770.720.82-0.450.50.840.850.76-0.61-0.670.820.74-0.260.660.63-0.920.670.640.18
-0.20.480.52-0.290.620.24-0.720.440.630.01-0.120.60.450.23-0.28-0.31-0.25-0.370.25-0.44-0.48-0.43-0.430.290.18
Click cells to compare fundamentals

Mustang Bio Account Relationship Matchups

Mustang Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab3.8M5.4M6.6M7.1M8.0M4.1M
Total Current Liabilities7.8M9.5M10.8M15.1M15.4M9.2M
Total Stockholder Equity51.7M98.4M112.4M46.3M123K116.9K
Net Tangible Assets36.4M51.7M98.4M112.4M129.3M135.7M
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 Payable2.5M3.5M3.5M6.8M6.3M4.0M
Common Stock Shares Outstanding2.4M3.5M5.9M6.9M8.6M5.3M
Non Current Liabilities Total14.0M2.0M2.0M31.0M2.2M2.1M
Capital Surpluse98.7M113.4M172.2M276.0M317.4M333.2M
Other Stockholder Equity172.2M276.0M359.9M374.5M380.5M223.5M
Total Liab21.8M11.5M12.8M46.1M17.6M15.5M
Total Assets73.4M109.9M125.2M92.4M17.7M16.9M
Cash61.4M97.8M109.6M75.7M6.2M5.9M
Non Current Assets Total10.4M10.4M13.5M13.6M6.4M8.8M
Other Assets771K1.3M2.8M1.4M1.6M1.3M
Cash And Short Term Investments61.4M97.8M109.6M75.7M6.2M5.9M
Retained Earnings Total Equity(48.4M)(79.1M)(125.5M)(185.5M)(166.9M)(158.6M)
Liabilities And Stockholders Equity73.4M109.9M125.2M92.4M17.7M16.9M
Total Current Assets63.1M99.5M111.7M78.9M11.3M10.8M
Accumulated Other Comprehensive Income4.9M7.9M4.3M1.1M591K561.5K
Property Plant Equipment9.1M9.1M12.1M12.3M14.2M8.0M
Property Plant And Equipment Net9.1M9.1M12.1M12.3M4.8M8.8M
Net Receivables19K15K50K299K3.9M4.1M
Other Current Assets1.6M1.7M2.0M3.2M1.2M1.7M
Net Invested Capital65.1M98.4M112.4M73.7M123K116.9K
Property Plant And Equipment Gross9.1M9.1M12.1M12.3M9.3M9.5M
Net Working Capital55.3M90.0M100.9M63.7M(4.0M)(3.8M)
Capital Stock4K7K9K11K1K950.0

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

  0.61EQ EquilliumPairCorr
  0.68VALN Valneva SE ADRPairCorr

Moving against Mustang Stock

  0.38RNXT RenovoRxPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Mustang Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mustang Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mustang Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mustang Bio Stock:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.