Sana Net Tangible Assets vs Total Assets Analysis
SANA Stock | USD 2.45 0.03 1.21% |
Sana Biotechnology financial indicator trend analysis is much more than just breaking down Sana Biotechnology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sana Biotechnology is a good investment. Please check the relationship between Sana Biotechnology Net Tangible Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. 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 information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.
Net Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sana Biotechnology Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sana Biotechnology's Net Tangible Assets and Total Assets is 0.36. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sana Biotechnology, assuming nothing else is changed. The correlation between historical values of Sana Biotechnology's Net Tangible Assets and Total 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 Sana Biotechnology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Sana Biotechnology's Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Total Assets
Total assets refers to the total amount of Sana Biotechnology 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 Sana Biotechnology 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.Most indicators from Sana Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sana Biotechnology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. 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 information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.As of November 27, 2024, Selling General Administrative is expected to decline to about 46.5 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 30.1 M
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 356.9M | 272.6M | 294.9M | 249.3M | Cost Of Revenue | 17.9M | 27.7M | 30.9M | 16.6M |
Sana Biotechnology fundamental ratios Correlations
Click cells to compare fundamentals
Sana Biotechnology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sana Biotechnology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 415.7M | 730.3M | 1.1B | 822.7M | 565.3M | 677.9M | |
Other Current Liab | 18.0M | 21.8M | 78.7M | 83.9M | 47.2M | 46.0M | |
Total Current Liabilities | 19.8M | 31.5M | 99.2M | 111.5M | 64.5M | 60.2M | |
Total Stockholder Equity | (142.5M) | (421.2M) | 728.5M | 499.3M | 287.5M | 172.0M | |
Other Liab | 74.7M | 198.9M | 199.9M | 116.0M | 133.4M | 129.7M | |
Net Tangible Assets | (342.4M) | (621.0M) | 528.7M | 299.5M | 344.4M | 361.6M | |
Property Plant And Equipment Net | 69.3M | 109.9M | 161.8M | 159.4M | 145.6M | 118.5M | |
Net Debt | (31.8M) | (340.1M) | (142.1M) | (68.5M) | (29.4M) | (30.9M) | |
Retained Earnings | (144.1M) | (429.4M) | (785.4M) | (1.1B) | (1.3B) | (1.3B) | |
Accounts Payable | 0.0 | 2.3M | 2.2M | 2.9M | 4.1M | 2.1M | |
Cash | 80.0M | 412.0M | 253.0M | 176.8M | 133.5M | 199.1M | |
Non Current Assets Total | 271.4M | 345.8M | 571.3M | 378.3M | 351.8M | 352.1M | |
Non Currrent Assets Other | 2.3M | 2.3M | 13.8M | 9.0M | 6.4M | 6.3M | |
Other Assets | 2.3M | 2.3M | 13.8M | 9.0M | 10.4M | 6.3M | |
Cash And Short Term Investments | 139.0M | 412.0M | 746.9M | 434.0M | 205.2M | 360.7M | |
Short Term Investments | 59.0M | 253.5M | 298.0M | 247.2M | 71.7M | 68.1M | |
Liabilities And Stockholders Equity | 415.7M | 730.3M | 1.1B | 822.7M | 565.3M | 677.9M | |
Non Current Liabilities Total | 538.4M | 1.1B | 301.7M | 211.9M | 213.3M | 324.1M | |
Capital Lease Obligations | 48.2M | 71.9M | 110.9M | 108.3M | 104.1M | 81.3M | |
Other Current Assets | 5.3M | 12.4M | 14.2M | 20.5M | 8.3M | 11.5M | |
Other Stockholder Equity | (415.8M) | 852.9M | 1.5B | 1.6B | 1.6B | 941.7M | |
Total Liab | 558.2M | 1.2B | 400.9M | 323.4M | 277.8M | 367.9M | |
Net Invested Capital | (142.5M) | (421.2M) | 728.5M | 499.3M | 287.5M | 172.0M | |
Property Plant And Equipment Gross | 69.3M | 109.9M | 180.6M | 193.4M | 187.4M | 135.9M | |
Total Current Assets | 144.3M | 384.5M | 558.1M | 444.4M | 213.5M | 325.9M | |
Accumulated Other Comprehensive Income | 26K | 30K | (1.4M) | (4.3M) | (60K) | (63K) | |
Capital Stock | 1K | 2K | 18K | 19K | 20K | 11K | |
Non Current Liabilities Other | 74.7M | 198.9M | 301.7M | 211.9M | 122.4M | 166.8M | |
Net Working Capital | 124.4M | 353.0M | 458.9M | 332.9M | 149.0M | 265.7M | |
Property Plant Equipment | 68.8M | 109.9M | 65.5M | 66.9M | 77.0M | 68.6M |
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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.When determining whether Sana Biotechnology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sana Biotechnology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sana Biotechnology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sana Biotechnology Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sana Biotechnology. 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 information on how to trade Sana Stock refer to our How to Trade Sana Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sana Biotechnology. If investors know Sana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sana Biotechnology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Return On Assets (0.31) | Return On Equity (0.93) |
The market value of Sana Biotechnology is measured differently than its book value, which is the value of Sana that is recorded on the company's balance sheet. Investors also form their own opinion of Sana Biotechnology's value that differs from its market value or its book value, called intrinsic value, which is Sana Biotechnology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sana Biotechnology's market value can be influenced by many factors that don't directly affect Sana Biotechnology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sana Biotechnology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sana Biotechnology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sana Biotechnology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.