Regenxbio Other Stockholder Equity vs Total Current Assets 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 Other Stockholder Equity and its Total Current Assets 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.

Other Stockholder Equity vs Total Current Assets

Other Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regenxbio Other Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Regenxbio's Other Stockholder Equity and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Regenxbio, assuming nothing else is changed. The correlation between historical values of Regenxbio's Other Stockholder Equity and Total 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 Other Stockholder Equity of Regenxbio are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Stockholder Equity i.e., Regenxbio's Other Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.860.840.830.960.75-0.58-0.540.710.790.950.960.84-0.630.890.750.920.890.960.53-0.630.950.670.610.680.89
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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