Regenxbio Net Debt vs Total Current Liabilities Analysis

RGNX Stock  USD 9.59  0.41  4.47%   
Regenxbio financial indicator trend analysis is much more than just breaking down Regenxbio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regenxbio is a good investment. Please check the relationship between Regenxbio Net Debt and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regenxbio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Regenxbio Stock please use our How to Invest in Regenxbio guide.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regenxbio Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Regenxbio's Net Debt and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Regenxbio, assuming nothing else is changed. The correlation between historical values of Regenxbio's Net Debt 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 Net Debt of Regenxbio 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 Net Debt i.e., Regenxbio's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on Regenxbio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Regenxbio 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 Regenxbio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regenxbio 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regenxbio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Regenxbio Stock please use our How to Invest in Regenxbio guide.Sales General And Administrative To Revenue is likely to rise to 1.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 47.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit418.5M58.2M53.0M91.4M
Total Revenue470.3M112.7M90.2M111.6M

Regenxbio fundamental ratios Correlations

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0.860.950.940.70.45-0.33-0.750.870.640.830.790.78-0.470.790.880.870.980.810.76-0.470.780.340.430.590.91
0.840.951.00.720.46-0.22-0.830.920.550.830.770.74-0.480.80.980.860.90.790.84-0.480.80.390.460.60.98
0.830.941.00.710.45-0.18-0.850.940.510.820.760.73-0.490.80.980.860.890.780.86-0.490.80.390.420.630.97
0.960.70.720.710.82-0.55-0.430.60.720.920.930.76-0.670.860.650.870.730.930.42-0.670.960.760.60.690.81
0.750.450.460.450.82-0.5-0.170.340.570.740.70.69-0.590.690.360.670.50.70.14-0.590.740.470.590.50.56
-0.58-0.33-0.22-0.18-0.55-0.5-0.20.07-0.93-0.48-0.63-0.530.29-0.35-0.07-0.32-0.51-0.610.260.29-0.42-0.36-0.620.02-0.29
-0.54-0.75-0.83-0.85-0.43-0.17-0.2-0.93-0.14-0.46-0.54-0.550.48-0.68-0.88-0.73-0.63-0.56-0.970.48-0.6-0.240.04-0.66-0.81
0.710.870.920.940.60.340.07-0.930.280.670.660.64-0.490.760.910.830.770.680.95-0.490.70.360.120.740.88
0.790.640.550.510.720.57-0.93-0.140.280.70.810.73-0.410.580.410.580.780.810.09-0.410.640.440.670.20.59
0.950.830.830.820.920.74-0.48-0.460.670.70.830.7-0.530.80.760.850.840.840.5-0.530.910.570.730.570.86
0.960.790.770.760.930.7-0.63-0.540.660.810.830.88-0.670.90.660.90.841.00.49-0.670.920.720.450.710.84
0.840.780.740.730.760.69-0.53-0.550.640.730.70.88-0.50.80.630.820.830.90.49-0.50.780.510.340.650.76
-0.63-0.47-0.48-0.49-0.67-0.590.290.48-0.49-0.41-0.53-0.67-0.5-0.66-0.45-0.65-0.44-0.67-0.481.0-0.69-0.46-0.17-0.54-0.57
0.890.790.80.80.860.69-0.35-0.680.760.580.80.90.8-0.660.740.980.780.910.62-0.660.910.670.370.830.88
0.750.880.980.980.650.36-0.07-0.880.910.410.760.660.63-0.450.740.80.80.690.88-0.450.760.340.410.580.95
0.920.870.860.860.870.67-0.32-0.730.830.580.850.90.82-0.650.980.80.850.910.69-0.650.940.620.390.840.91
0.890.980.90.890.730.5-0.51-0.630.770.780.840.840.83-0.440.780.80.850.860.62-0.440.770.390.50.530.87
0.960.810.790.780.930.7-0.61-0.560.680.810.841.00.9-0.670.910.690.910.860.52-0.670.920.710.450.720.85
0.530.760.840.860.420.140.26-0.970.950.090.50.490.49-0.480.620.880.690.620.52-0.480.570.24-0.040.650.79
-0.63-0.47-0.48-0.49-0.67-0.590.290.48-0.49-0.41-0.53-0.67-0.51.0-0.66-0.45-0.65-0.44-0.67-0.48-0.69-0.46-0.17-0.54-0.57
0.950.780.80.80.960.74-0.42-0.60.70.640.910.920.78-0.690.910.760.940.770.920.57-0.690.710.540.760.88
0.670.340.390.390.760.47-0.36-0.240.360.440.570.720.51-0.460.670.340.620.390.710.24-0.460.710.220.740.49
0.610.430.460.420.60.59-0.620.040.120.670.730.450.34-0.170.370.410.390.50.45-0.04-0.170.540.22-0.040.5
0.680.590.60.630.690.50.02-0.660.740.20.570.710.65-0.540.830.580.840.530.720.65-0.540.760.74-0.040.66
0.890.910.980.970.810.56-0.29-0.810.880.590.860.840.76-0.570.880.950.910.870.850.79-0.570.880.490.50.66
Click cells to compare fundamentals

Regenxbio Account Relationship Matchups

Regenxbio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets497.9M708.2M1.1B833.3M574.0M487.0M
Short Long Term Debt Total11.3M72.7M86.7M94.8M89.3M50.0M
Other Current Liab21.5M62.2M100.9M89.4M93.2M97.9M
Total Current Liabilities33.7M81.4M130.5M130.4M130.3M136.8M
Total Stockholder Equity450.2M377.8M764.3M516.2M311.7M348.3M
Net Debt(58.2M)(265.8M)(258.5M)(2.2M)54.8M57.5M
Retained Earnings(177.8M)(289.1M)(161.2M)(441.6M)(705.0M)(669.8M)
Accounts Payable6.4M10.6M11.4M27.2M22.8M23.9M
Cash69.5M338.4M345.2M97.0M34.5M32.8M
Non Current Assets Total152.9M177.0M595.1M417.3M239.0M200.1M
Cash And Short Term Investments296.2M475.7M457.4M364.6M275.3M255.6M
Net Receivables38.1M43.0M32.4M28.1M26.3M18.3M
Common Stock Shares Outstanding36.7M37.3M43.9M43.2M43.7M33.3M
Liabilities And Stockholders Equity497.9M708.2M1.1B833.3M574.0M487.0M
Other Current Assets4.2M12.5M28.9M23.3M33.4M35.0M
Other Stockholder Equity627.8M667.2M928.1M973.1M1.0B551.6M
Total Liab47.7M330.4M349.6M317.1M262.2M138.7M
Total Current Assets345.0M531.2M518.8M416.0M335.0M286.9M
Accumulated Other Comprehensive Income205K(360K)(2.6M)(15.4M)(4.4M)(4.2M)
Net Tangible Assets450.2M377.8M764.3M516.2M593.6M386.3M
Non Currrent Assets Other10.0M9.9M10.7M9.9M4.8M8.1M
Other Assets10.0M8.8M1.1B9.9M11.4M10.8M
Short Term Investments226.7M137.3M112.2M267.7M240.7M168.1M
Inventory6.5M10.5M18.8M13.9M16.0M16.8M
Long Term Investments103.8M50.1M394.2M200.6M38.9M36.9M
Property Plant Equipment39.1M56.5M192.5M206.8M237.8M249.7M
Other Liab5.2M178.8M134.2M97.8M112.5M58.5M
Property Plant And Equipment Net39.1M120.3M192.5M206.8M192.6M98.2M
Retained Earnings Total Equity(83.0M)(177.8M)(289.1M)(161.2M)(145.1M)(152.4M)
Non Current Liabilities Total14.0M249.0M219.1M186.6M132.0M99.8M
Capital Surpluse592.6M627.8M667.2M928.1M1.1B586.6M
Property Plant And Equipment Gross39.1M120.3M192.5M206.8M249.8M262.3M
Net Invested Capital450.2M377.8M764.3M516.2M311.7M489.0M
Net Working Capital311.4M449.8M388.4M285.5M204.7M331.4M
Capital Lease Obligations11.3M72.7M86.7M94.8M89.3M66.1M

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