Marker Total Assets vs Other Current Assets Analysis
MRKR Stock | USD 3.10 0.15 5.08% |
Marker Therapeutics financial indicator trend analysis is infinitely more than just investigating Marker Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marker Therapeutics is a good investment. Please check the relationship between Marker Therapeutics Total Assets and its Other Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marker 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 industry. To learn how to invest in Marker Stock, please use our How to Invest in Marker Therapeutics guide.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marker Therapeutics Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marker Therapeutics' Total Assets and Other Current Assets is 0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Marker Therapeutics, assuming nothing else is changed. The correlation between historical values of Marker Therapeutics' Total Assets and Other Current Assets 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 Marker Therapeutics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., Marker Therapeutics' Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Marker Therapeutics 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 Marker Therapeutics 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Marker Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marker 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 Marker 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 industry. To learn how to invest in Marker Stock, please use our How to Invest in Marker Therapeutics guide.As of 11/24/2024, Enterprise Value is likely to grow to about 27.1 M, while Selling General Administrative is likely to drop slightly above 5.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 3.2M | 3.7M | 4.2M | 2.3M | Interest Income | 5.7K | 248.1K | 447.2K | 291.5K |
Marker Therapeutics fundamental ratios Correlations
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Marker Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marker Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.4M | 45.6M | 68.1M | 34.4M | 17.1M | 13.6M | |
Other Current Liab | 30.7K | 2.7M | 5.4M | 3.6M | 1.9M | 2.5M | |
Total Current Liabilities | 2.0M | 6.4M | 12.9M | 7.8M | 3.1M | 4.6M | |
Total Stockholder Equity | 44.1M | 27.3M | 44.0M | 19.6M | 14.1M | 7.1M | |
Property Plant And Equipment Net | 873.2K | 21.2M | 22.2M | 17.8M | 20.5M | 21.5M | |
Net Debt | (43.4M) | (9.1M) | (30.5M) | (4.2M) | (15.1M) | (14.4M) | |
Retained Earnings | (327.5M) | (356.2M) | (398.1M) | (428.0M) | (436.3M) | (414.5M) | |
Accounts Payable | 993K | 2.9M | 5.1M | 1.1M | 961K | 1.3M | |
Cash | 43.9M | 21.4M | 42.4M | 11.8M | 15.1M | 9.6M | |
Cash And Short Term Investments | 43.9M | 21.4M | 42.4M | 11.8M | 15.1M | 9.6M | |
Net Receivables | 56.2K | 1.0M | 237.0 | 2.4M | 1.0M | 1.1M | |
Common Stock Total Equity | 10.6K | 45.4K | 45.7K | 50.7K | 58.3K | 41.4K | |
Common Stock Shares Outstanding | 4.6M | 4.7M | 7.7M | 8.4M | 8.8M | 9.2M | |
Liabilities And Stockholders Equity | 46.4M | 45.6M | 68.1M | 34.4M | 17.1M | 13.6M | |
Non Current Liabilities Total | 1.6M | 280.2K | 11.9M | 11.2M | 7.0M | 0.0 | |
Other Current Assets | 1.5M | 2.1M | 3.6M | 2.4M | 2.0M | 2.1M | |
Other Stockholder Equity | 371.6M | 383.5M | 442.0M | 447.6M | 450.3M | 472.8M | |
Total Liab | 2.3M | 18.3M | 24.1M | 14.8M | 3.1M | 6.0M | |
Property Plant And Equipment Gross | 873.2K | 21.2M | 24.9M | 17.8M | 20.5M | 21.5M | |
Total Current Assets | 45.5M | 24.4M | 46.0M | 16.6M | 17.1M | 10.3M | |
Short Term Debt | 204.1K | 777.6K | 1.2M | 577.2K | 663.8K | 714.4K | |
Common Stock | 45.7K | 50.7K | 83.1K | 8.4K | 8.9K | 8.4K | |
Non Currrent Assets Other | (472.0) | (21.2M) | 2.2M | (17.8M) | (16.0M) | (15.2M) | |
Net Tangible Assets | 59.3M | 44.1M | 27.3M | 44.0M | 50.6M | 53.1M | |
Capital Surpluse | 161.1M | 365.4M | 371.6M | 383.5M | 441.1M | 230.6M | |
Net Invested Capital | 44.1M | 27.3M | 44.0M | 19.6M | 14.1M | 24.2M | |
Net Working Capital | 43.5M | 18.0M | 33.1M | 8.8M | 14.1M | 20.6M | |
Capital Stock | 45.7K | 50.7K | 83.1K | 8.4K | 8.9K | 8.4K |
Pair Trading with Marker Therapeutics
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 Marker Therapeutics 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 Marker Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Marker Stock
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0.43 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
The ability to find closely correlated positions to Marker Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marker Therapeutics 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 Marker Therapeutics - 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 Marker Therapeutics to buy it.
The correlation of Marker Therapeutics 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 Marker Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marker Therapeutics 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 Marker Therapeutics 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.Additional Tools for Marker Stock Analysis
When running Marker Therapeutics' price analysis, check to measure Marker 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 Marker Therapeutics is operating at the current time. Most of Marker Therapeutics' value examination focuses on studying past and present price action to predict the probability of Marker Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marker Therapeutics' price. Additionally, you may evaluate how the addition of Marker Therapeutics to your portfolios can decrease your overall portfolio volatility.