Recursion Net Invested Capital vs Cash And Short Term Investments Analysis

RXRX Stock  USD 5.70  0.05  0.87%   
Recursion Pharmaceuticals financial indicator trend analysis is much more than just breaking down Recursion Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recursion Pharmaceuticals is a good investment. Please check the relationship between Recursion Pharmaceuticals Net Invested Capital and its Cash And Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recursion Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.

Net Invested Capital vs Cash And Short Term Investments

Net Invested Capital vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recursion Pharmaceuticals Net Invested Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Recursion Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Recursion Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Recursion Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments 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 Invested Capital of Recursion Pharmaceuticals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Invested Capital i.e., Recursion Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Recursion Pharmaceuticals balance sheet. This account contains Recursion Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Recursion Pharmaceuticals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Recursion Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recursion Pharmaceuticals 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 Recursion Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.At this time, Recursion Pharmaceuticals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 64.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.4M11.8M24.4M25.6M
Interest Income73K6.3M18.3M19.2M

Recursion Pharmaceuticals fundamental ratios Correlations

0.760.970.960.950.840.940.94-0.96-0.880.940.960.830.960.62-0.980.980.780.73-0.530.86-0.860.770.92-0.250.95
0.760.70.910.690.90.710.92-0.8-0.840.890.830.820.670.22-0.720.660.240.79-0.40.98-0.760.770.77-0.110.69
0.970.70.910.90.830.90.88-0.9-0.890.860.890.850.910.47-0.940.930.770.8-0.450.8-0.890.810.89-0.180.89
0.960.910.910.90.910.90.99-0.95-0.910.980.970.870.90.5-0.930.910.60.79-0.510.97-0.870.810.91-0.210.9
0.950.690.90.90.740.970.91-0.85-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.541.0
0.840.90.830.910.740.840.91-0.89-0.970.880.880.970.740.18-0.850.770.420.9-0.360.91-0.930.940.9-0.090.74
0.940.710.90.90.970.840.91-0.86-0.910.920.850.90.960.54-0.990.910.820.79-0.730.82-0.930.850.99-0.510.97
0.940.920.880.990.910.910.91-0.91-0.910.990.930.880.90.49-0.920.870.60.81-0.590.98-0.880.820.92-0.30.91
-0.96-0.8-0.9-0.95-0.85-0.89-0.86-0.910.86-0.92-1.0-0.81-0.88-0.560.92-0.96-0.62-0.670.35-0.870.81-0.74-0.860.05-0.84
-0.88-0.84-0.89-0.91-0.82-0.97-0.91-0.910.86-0.88-0.85-0.99-0.82-0.220.9-0.8-0.56-0.950.49-0.890.99-0.98-0.960.24-0.82
0.940.890.860.980.940.880.920.99-0.92-0.880.930.850.930.57-0.940.890.640.75-0.640.96-0.850.780.93-0.370.94
0.960.830.890.970.850.880.850.93-1.0-0.850.930.80.870.57-0.910.950.60.67-0.360.9-0.80.730.84-0.050.85
0.830.820.850.870.780.970.90.88-0.81-0.990.850.80.770.15-0.870.750.530.95-0.50.85-0.990.990.95-0.270.78
0.960.670.910.90.990.740.960.9-0.88-0.820.930.870.770.72-0.980.960.880.66-0.720.8-0.830.70.92-0.480.99
0.620.220.470.50.70.180.540.49-0.56-0.220.570.570.150.72-0.60.710.74-0.04-0.530.37-0.220.030.43-0.40.7
-0.98-0.72-0.94-0.93-0.97-0.85-0.99-0.920.920.9-0.94-0.91-0.87-0.98-0.6-0.96-0.83-0.760.65-0.840.91-0.81-0.970.41-0.97
0.980.660.930.910.920.770.910.87-0.96-0.80.890.950.750.960.71-0.960.820.6-0.490.78-0.790.670.87-0.220.92
0.780.240.770.60.860.420.820.6-0.62-0.560.640.60.530.880.74-0.830.820.42-0.690.43-0.630.470.73-0.570.86
0.730.790.80.790.680.90.790.81-0.67-0.950.750.670.950.66-0.04-0.760.60.42-0.440.81-0.950.970.86-0.230.68
-0.53-0.4-0.45-0.51-0.77-0.36-0.73-0.590.350.49-0.64-0.36-0.5-0.72-0.530.65-0.49-0.69-0.44-0.510.56-0.45-0.70.95-0.77
0.860.980.80.970.820.910.820.98-0.87-0.890.960.90.850.80.37-0.840.780.430.81-0.51-0.830.80.86-0.220.82
-0.86-0.76-0.89-0.87-0.83-0.93-0.93-0.880.810.99-0.85-0.8-0.99-0.83-0.220.91-0.79-0.63-0.950.56-0.83-0.98-0.970.33-0.83
0.770.770.810.810.710.940.850.82-0.74-0.980.780.730.990.70.03-0.810.670.470.97-0.450.8-0.980.91-0.240.71
0.920.770.890.910.930.90.990.92-0.86-0.960.930.840.950.920.43-0.970.870.730.86-0.70.86-0.970.91-0.470.93
-0.25-0.11-0.18-0.21-0.54-0.09-0.51-0.30.050.24-0.37-0.05-0.27-0.48-0.40.41-0.22-0.57-0.230.95-0.220.33-0.24-0.47-0.54
0.950.690.890.91.00.740.970.91-0.84-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.54
Click cells to compare fundamentals

Recursion Pharmaceuticals Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Recursion Stock Analysis

When running Recursion Pharmaceuticals' price analysis, check to measure Recursion Pharmaceuticals' 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 Recursion Pharmaceuticals is operating at the current time. Most of Recursion Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Recursion Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recursion Pharmaceuticals' price. Additionally, you may evaluate how the addition of Recursion Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.