RTW Net Tangible Assets vs Other Current Assets Analysis

RTW Stock   1.48  0.02  1.33%   
RTW Venture financial indicator trend analysis is much more than just breaking down RTW Venture Fund prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RTW Venture Fund is a good investment. Please check the relationship between RTW Venture Net Tangible Assets and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RTW Venture Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RTW Venture Fund Net Tangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between RTW Venture's Net Tangible Assets and Other Current Assets is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of RTW Venture Fund, assuming nothing else is changed. The correlation between historical values of RTW Venture's Net Tangible 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 Net Tangible Assets of RTW Venture Fund 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 Net Tangible Assets i.e., RTW Venture's Net Tangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 RTW Venture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RTW Venture Fund 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 RTW Venture Fund. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 24, 2024, Selling General Administrative is expected to decline to about 2.3 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.6M4.5M3.2M3.9M
Interest Income363.7K635.9K2.4M4.2M

RTW Venture fundamental ratios Correlations

1.00.730.73-0.60.53-0.650.571.0-0.170.99-0.98-0.320.90.60.870.990.631.00.74-0.80.64-0.73-0.62-0.40.74
1.00.740.74-0.580.49-0.610.561.0-0.180.99-0.98-0.320.890.590.850.990.641.00.71-0.790.6-0.72-0.59-0.40.71
0.730.741.0-0.780.4-0.540.290.71-0.520.7-0.69-0.020.480.280.630.70.440.720.56-0.560.52-0.55-0.36-0.190.56
0.730.741.0-0.780.4-0.540.290.71-0.520.7-0.69-0.020.480.280.630.70.440.720.56-0.560.52-0.55-0.36-0.190.56
-0.6-0.58-0.78-0.78-0.250.65-0.25-0.580.58-0.60.60.08-0.44-0.23-0.52-0.6-0.37-0.6-0.550.48-0.640.580.30.19-0.55
0.530.490.40.4-0.25-0.580.460.540.40.52-0.510.080.520.470.720.520.230.50.58-0.510.57-0.28-0.79-0.210.58
-0.65-0.61-0.54-0.540.65-0.58-0.14-0.620.05-0.680.65-0.2-0.69-0.15-0.54-0.68-0.07-0.6-0.920.8-1.00.820.420.0-0.92
0.570.560.290.29-0.250.46-0.140.58-0.130.57-0.63-0.840.491.00.780.570.940.620.04-0.070.12-0.04-0.89-0.920.04
1.01.00.710.71-0.580.54-0.620.58-0.130.99-0.97-0.330.890.610.880.990.640.990.71-0.780.6-0.69-0.63-0.40.71
-0.17-0.18-0.52-0.520.580.40.05-0.13-0.13-0.120.130.340.14-0.07-0.13-0.12-0.4-0.180.13-0.17-0.040.05-0.10.190.13
0.990.990.70.7-0.60.52-0.680.570.99-0.12-0.99-0.320.940.610.841.00.620.990.76-0.820.66-0.77-0.62-0.430.76
-0.98-0.98-0.69-0.690.6-0.510.65-0.63-0.970.13-0.990.38-0.94-0.66-0.84-0.99-0.67-0.99-0.720.78-0.630.760.650.52-0.72
-0.32-0.32-0.02-0.020.080.08-0.2-0.84-0.330.34-0.320.38-0.23-0.83-0.46-0.32-0.89-0.390.32-0.240.22-0.150.530.880.32
0.90.890.480.48-0.440.52-0.690.490.890.140.94-0.94-0.230.550.70.940.470.890.8-0.870.67-0.83-0.57-0.410.8
0.60.590.280.28-0.230.47-0.151.00.61-0.070.61-0.66-0.830.550.790.610.930.650.07-0.120.13-0.08-0.9-0.920.07
0.870.850.630.63-0.520.72-0.540.780.88-0.130.84-0.84-0.460.70.790.840.750.870.51-0.510.53-0.37-0.87-0.530.51
0.990.990.70.7-0.60.52-0.680.570.99-0.121.0-0.99-0.320.940.610.840.620.990.76-0.820.66-0.77-0.62-0.430.76
0.630.640.440.44-0.370.23-0.070.940.64-0.40.62-0.67-0.890.470.930.750.620.690.0-0.070.05-0.09-0.73-0.90.0
1.01.00.720.72-0.60.5-0.60.620.99-0.180.99-0.99-0.390.890.650.870.990.690.68-0.750.58-0.69-0.63-0.470.68
0.740.710.560.56-0.550.58-0.920.040.710.130.76-0.720.320.80.070.510.760.00.68-0.960.92-0.91-0.310.111.0
-0.8-0.79-0.56-0.560.48-0.510.8-0.07-0.78-0.17-0.820.78-0.24-0.87-0.12-0.51-0.82-0.07-0.75-0.96-0.790.930.27-0.06-0.96
0.640.60.520.52-0.640.57-1.00.120.6-0.040.66-0.630.220.670.130.530.660.050.580.92-0.79-0.81-0.40.020.92
-0.73-0.72-0.55-0.550.58-0.280.82-0.04-0.690.05-0.770.76-0.15-0.83-0.08-0.37-0.77-0.09-0.69-0.910.93-0.810.160.03-0.91
-0.62-0.59-0.36-0.360.3-0.790.42-0.89-0.63-0.1-0.620.650.53-0.57-0.9-0.87-0.62-0.73-0.63-0.310.27-0.40.160.72-0.31
-0.4-0.4-0.19-0.190.19-0.210.0-0.92-0.40.19-0.430.520.88-0.41-0.92-0.53-0.43-0.9-0.470.11-0.060.020.030.720.11
0.740.710.560.56-0.550.58-0.920.040.710.130.76-0.720.320.80.070.510.760.00.681.0-0.960.92-0.91-0.310.11
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RTW Venture Account Relationship Matchups

RTW Venture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets215.8M420.9M439.4M401.5M446.2M318.6M
Total Stockholder Equity214.4M412.6M387.4M347.9M399.3M293.1M
Cash10.7M4.6M6.5M7.0M2.7M5.0M
Cash And Short Term Investments10.7M4.6M6.5M7.0M2.7M5.0M
Other Stockholder Equity8.7M37.3M1.021.8M29.7M23.0M
Total Liab202.9K145.9K492.0K53.6M17.2M11.3M
Other Current Liab(550.2K)(507.0K)(38.5M)(31.4M)(5.3M)(5.6M)
Total Current Liabilities1.4M145.9K492.0K5.6M17.2M18.1M
Net Debt(10.5M)2.1M(6.5M)5.5M(2.7M)(2.9M)
Non Current Assets Total172.0M395.5M420.2M371.6M383.1M331.5M
Non Currrent Assets Other(172.0M)(395.5M)(420.2M)(371.6M)(383.1M)(402.2M)
Other Assets5.8K124.6K191.6K22.5M(46.1M)(43.8M)
Common Stock Shares Outstanding143.4M239.8M238.3M232.0M210.6M224.7M
Liabilities And Stockholders Equity215.8M420.9M439.4M401.5M446.2M364.8M
Non Current Liabilities Total202.9K1.6M492.0K5.6M16.0M16.8M
Other Current Assets35.6M26.8M41.6M82.3M106.6M53.7M
Long Term Investments172.0M395.5M420.2M371.6M383.1M331.5M
Total Current Assets43.8M25.3M19.0M7.4M109.3M114.8M
Common Stock205.7M375.3M363.0M326.1M399.3M318.1M

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Other Information on Investing in RTW Stock

Balance Sheet is a snapshot of the financial position of RTW Venture Fund at a specified time, usually calculated after every quarter, six months, or one year. RTW Venture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RTW Venture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which RTW currently owns. An asset can also be divided into two categories, current and non-current.