Cassava Income Before Tax vs Interest Income Analysis

SAVA Stock  USD 3.98  0.15  3.92%   
Cassava Sciences financial indicator trend analysis is way more than just evaluating Cassava Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cassava Sciences is a good investment. Please check the relationship between Cassava Sciences Income Before Tax and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassava Sciences Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Cassava Sciences' Income Before Tax and Interest Income is -0.89. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of Cassava Sciences, assuming nothing else is changed. The correlation between historical values of Cassava Sciences' Income Before Tax and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Cassava Sciences are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Cassava Sciences' Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Cassava Sciences income statement and is an important metric when analyzing Cassava Sciences profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Cassava Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cassava Sciences 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 Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.At present, Cassava Sciences' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 777.5 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Net Interest Income49K2.8M7.8M8.2M
Interest Income49K2.8M7.8M8.2M

Cassava Sciences fundamental ratios Correlations

0.710.980.84-0.99-0.60.650.990.861.00.290.390.82-0.010.920.830.250.821.00.770.880.8-0.02-0.230.85-0.72
0.710.570.62-0.67-0.550.640.660.630.710.330.480.550.520.60.610.750.620.710.230.760.850.15-0.150.62-0.41
0.980.570.83-0.97-0.570.610.980.840.970.250.320.82-0.210.920.810.030.80.970.830.820.69-0.08-0.230.83-0.74
0.840.620.83-0.85-0.840.910.781.00.810.270.270.93-0.250.970.950.131.00.830.510.910.67-0.02-0.180.98-0.8
-0.99-0.67-0.97-0.850.61-0.66-0.99-0.86-0.99-0.29-0.39-0.840.05-0.93-0.84-0.22-0.82-1.0-0.79-0.89-0.80.050.24-0.860.74
-0.6-0.55-0.57-0.840.61-0.86-0.53-0.83-0.57-0.61-0.31-0.890.19-0.75-0.94-0.17-0.86-0.59-0.27-0.72-0.560.360.5-0.820.76
0.650.640.610.91-0.66-0.860.560.90.610.310.310.86-0.210.810.880.20.920.630.190.880.59-0.05-0.190.92-0.67
0.990.660.980.78-0.99-0.530.560.790.990.270.380.77-0.030.880.770.190.750.990.820.830.77-0.05-0.230.79-0.69
0.860.630.841.0-0.86-0.830.90.790.820.260.270.93-0.240.980.950.141.00.840.530.920.68-0.02-0.180.98-0.81
1.00.710.970.81-0.99-0.570.610.990.820.290.410.80.030.90.80.280.781.00.780.860.81-0.03-0.230.82-0.7
0.290.330.250.27-0.29-0.610.310.270.260.290.530.390.080.250.50.20.270.290.110.320.2-0.87-0.970.24-0.27
0.390.480.320.27-0.39-0.310.310.380.270.410.530.250.280.270.340.390.270.40.060.370.34-0.3-0.450.30.08
0.820.550.820.93-0.84-0.890.860.770.930.80.390.25-0.30.910.980.070.930.810.60.840.7-0.2-0.330.95-0.89
-0.010.52-0.21-0.250.050.19-0.21-0.03-0.240.030.080.28-0.3-0.24-0.230.91-0.240.01-0.22-0.040.40.290.06-0.260.3
0.920.60.920.97-0.93-0.750.810.880.980.90.250.270.91-0.240.920.10.960.910.670.910.69-0.03-0.190.95-0.82
0.830.610.810.95-0.84-0.940.880.770.950.80.50.340.98-0.230.920.150.950.820.520.870.68-0.26-0.420.95-0.84
0.250.750.030.13-0.22-0.170.20.190.140.280.20.390.070.910.10.150.140.27-0.130.320.630.27-0.020.130.01
0.820.620.81.0-0.82-0.860.920.751.00.780.270.270.93-0.240.960.950.140.80.460.90.66-0.02-0.180.98-0.79
1.00.710.970.83-1.0-0.590.630.990.841.00.290.40.810.010.910.820.270.80.780.870.81-0.03-0.230.84-0.71
0.770.230.830.51-0.79-0.270.190.820.530.780.110.060.6-0.220.670.52-0.130.460.780.480.53-0.1-0.170.5-0.68
0.880.760.820.91-0.89-0.720.880.830.920.860.320.370.84-0.040.910.870.320.90.870.480.75-0.02-0.220.91-0.71
0.80.850.690.67-0.8-0.560.590.770.680.810.20.340.70.40.690.680.630.660.810.530.750.21-0.050.7-0.62
-0.020.15-0.08-0.020.050.36-0.05-0.05-0.02-0.03-0.87-0.3-0.20.29-0.03-0.260.27-0.02-0.03-0.1-0.020.210.950.00.14
-0.23-0.15-0.23-0.180.240.5-0.19-0.23-0.18-0.23-0.97-0.45-0.330.06-0.19-0.42-0.02-0.18-0.23-0.17-0.22-0.050.95-0.150.24
0.850.620.830.98-0.86-0.820.920.790.980.820.240.30.95-0.260.950.950.130.980.840.50.910.70.0-0.15-0.78
-0.72-0.41-0.74-0.80.740.76-0.67-0.69-0.81-0.7-0.270.08-0.890.3-0.82-0.840.01-0.79-0.71-0.68-0.71-0.620.140.24-0.78
Click cells to compare fundamentals

Cassava Sciences Account Relationship Matchups

Cassava Sciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.5M94.3M266.8M234.8M151.7M114.4M
Total Current Liabilities1.4M1.9M12.5M7.1M14.2M7.4M
Total Stockholder Equity22.1M92.2M253.9M227.5M137.5M80.1M
Property Plant And Equipment Net137K306K20.8M23.0M21.9M22.9M
Net Debt(23.0M)(93.2M)(233.2M)(200.9M)(121.1M)(115.1M)
Retained Earnings(168.6M)(174.9M)(207.3M)(283.6M)(380.8M)(361.7M)
Accounts Payable453K911K7.1M4.0M10.6M11.1M
Cash23.1M93.5M233.4M201.0M121.1M69.6M
Non Current Assets Total137K306K22.3M23.6M22.0M23.1M
Cash And Short Term Investments23.1M93.5M233.4M201.0M121.1M100.9M
Common Stock Total Equity7K17K22K35K40K39.3K
Common Stock Shares Outstanding17.4M26.1M39.4M40.2M41.9M44.0M
Liabilities And Stockholders Equity23.5M94.3M266.8M234.8M151.7M114.4M
Non Current Liabilities Total294K543K235K333K232K0.0
Other Current Assets268K945K11.0M11.1M7.5M7.9M
Other Stockholder Equity191.6M267.1M461.2M511.0M518.2M544.1M
Total Liab1.4M2.1M12.9M7.3M14.2M24.9M
Property Plant And Equipment Gross137K11K20.8M23.0M24.1M25.3M
Total Current Assets23.3M94.0M244.5M211.2M129.6M110.4M
Common Stock190.7M267.1M461.2M511.1M42K39.9K
Other Current Liab9K838K5.2M2.8M3.6M3.8M
Non Currrent Assets Other(1K)90K295K399K359.1K305.9K
Net Tangible Assets22.1M92.2M252.8M226.9M261.0M274.0M
Retained Earnings Total Equity(164.0M)(168.6M)(174.9M)(207.3M)(186.6M)(195.9M)
Capital Surpluse183.6M190.7M267.1M461.2M530.4M556.9M
Property Plant Equipment47K306K20.8M23.0M26.4M27.8M
Net Invested Capital22.1M92.2M253.9M227.5M137.5M119.8M
Net Working Capital22.0M92.1M231.9M204.2M115.4M109.2M
Capital Stock22K35K40K42K48.3K36.3K

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.
When determining whether Cassava Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cassava Sciences' 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 Cassava Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cassava Sciences Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Pharmaceuticals 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 Cassava Sciences. If investors know Cassava 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 Cassava Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.38)
Return On Assets
(0.46)
Return On Equity
(0.11)
The market value of Cassava Sciences is measured differently than its book value, which is the value of Cassava that is recorded on the company's balance sheet. Investors also form their own opinion of Cassava Sciences' value that differs from its market value or its book value, called intrinsic value, which is Cassava Sciences' 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 Cassava Sciences' market value can be influenced by many factors that don't directly affect Cassava Sciences' 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 Cassava Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cassava Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cassava Sciences' 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.