Sangamo Book Value Per Share vs Inventory Turnover Analysis

SGMO Stock  USD 1.88  0.08  4.08%   
Sangamo Therapeutics financial indicator trend analysis is much more than just breaking down Sangamo Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangamo Therapeutics is a good investment. Please check the relationship between Sangamo Therapeutics Book Value Per Share and its Inventory Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.

Book Value Per Share vs Inventory Turnover

Book Value Per Share vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangamo Therapeutics Book Value Per Share account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sangamo Therapeutics' Book Value Per Share and Inventory Turnover is -0.31. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Sangamo Therapeutics, assuming nothing else is changed. The correlation between historical values of Sangamo Therapeutics' Book Value Per Share and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Sangamo Therapeutics are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Book Value Per Share i.e., Sangamo Therapeutics' Book Value Per Share and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Sangamo Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangamo Therapeutics 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 Sangamo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.As of the 25th of November 2024, Selling General Administrative is likely to grow to about 64.2 M, though Tax Provision is likely to grow to (4.3 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation17.6M20.6M24.6M14.1M
Net Interest Income5.3M9.4M13.3M7.9M

Sangamo Therapeutics fundamental ratios Correlations

0.97-0.40.890.530.630.970.80.790.950.910.420.890.940.320.960.410.060.890.970.750.970.03-0.780.70.51
0.97-0.310.810.460.560.890.730.70.860.840.320.830.880.210.960.54-0.060.910.90.650.97-0.1-0.740.560.42
-0.4-0.31-0.41-0.98-0.96-0.48-0.79-0.38-0.56-0.6-0.87-0.46-0.51-0.96-0.220.0-0.13-0.11-0.45-0.84-0.32-0.220.19-0.7-0.86
0.890.81-0.410.490.580.920.80.640.930.940.520.830.950.330.790.310.230.690.90.80.790.19-0.720.860.46
0.530.46-0.980.490.990.580.840.470.650.670.860.560.610.930.370.080.060.260.560.880.460.14-0.290.730.86
0.630.56-0.960.580.990.660.890.520.730.760.850.640.690.90.460.150.090.350.640.920.550.16-0.370.770.87
0.970.89-0.480.920.580.660.840.830.990.930.510.890.950.420.920.260.180.821.00.810.920.16-0.780.810.57
0.80.73-0.790.80.840.890.840.610.880.930.690.780.870.750.650.350.220.540.820.960.710.25-0.530.790.8
0.790.7-0.380.640.470.520.830.610.80.660.440.610.660.360.810.060.160.830.850.560.820.16-0.510.590.41
0.950.86-0.560.930.650.730.990.880.80.950.590.90.960.50.880.220.180.770.970.860.880.17-0.770.860.63
0.910.84-0.60.940.670.760.930.930.660.950.610.870.970.530.780.390.240.660.910.920.80.23-0.690.840.67
0.420.32-0.870.520.860.850.510.690.440.590.610.390.560.820.23-0.020.220.150.480.810.310.28-0.150.810.69
0.890.83-0.460.830.560.640.890.780.610.90.870.390.880.410.830.170.080.670.880.760.830.07-0.940.730.62
0.940.88-0.510.950.610.690.950.870.660.960.970.560.880.440.830.40.20.70.940.870.840.18-0.740.830.58
0.320.21-0.960.330.930.90.420.750.360.50.530.820.410.440.14-0.130.30.030.410.810.240.4-0.140.650.9
0.960.96-0.220.790.370.460.920.650.810.880.780.230.830.830.140.37-0.050.960.920.560.98-0.09-0.780.550.33
0.410.540.00.310.080.150.260.350.060.220.39-0.020.170.4-0.130.37-0.10.410.270.230.39-0.13-0.06-0.02-0.04
0.06-0.06-0.130.230.060.090.180.220.160.180.240.220.080.20.3-0.05-0.1-0.090.190.3-0.020.99-0.030.310.24
0.890.91-0.110.690.260.350.820.540.830.770.660.150.670.70.030.960.41-0.090.830.420.95-0.14-0.620.40.23
0.970.9-0.450.90.560.641.00.820.850.970.910.480.880.940.410.920.270.190.830.790.930.16-0.770.780.55
0.750.65-0.840.80.880.920.810.960.560.860.920.810.760.870.810.560.230.30.420.790.630.34-0.530.890.84
0.970.97-0.320.790.460.550.920.710.820.880.80.310.830.840.240.980.39-0.020.950.930.63-0.05-0.750.570.44
0.03-0.1-0.220.190.140.160.160.250.160.170.230.280.070.180.4-0.09-0.130.99-0.140.160.34-0.050.010.320.31
-0.78-0.740.19-0.72-0.29-0.37-0.78-0.53-0.51-0.77-0.69-0.15-0.94-0.74-0.14-0.78-0.06-0.03-0.62-0.77-0.53-0.750.01-0.57-0.4
0.70.56-0.70.860.730.770.810.790.590.860.840.810.730.830.650.55-0.020.310.40.780.890.570.32-0.570.63
0.510.42-0.860.460.860.870.570.80.410.630.670.690.620.580.90.33-0.040.240.230.550.840.440.31-0.40.63
Click cells to compare fundamentals

Sangamo Therapeutics Account Relationship Matchups

Sangamo Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets637.5M938.6M721.9M562.5M165.3M218.1M
Total Stockholder Equity432.7M497.4M375.3M295.0M82.9M144.6M
Retained Earnings(657.0M)(778.0M)(956.3M)(1.1B)(1.4B)(1.3B)
Other Assets10.6M15.1M16.8M18.5M1.00.95
Common Stock Shares Outstanding112.1M134.4M144.6M154.3M174.4M183.2M
Liabilities And Stockholders Equity637.5M938.6M721.9M562.5M165.3M218.1M
Other Stockholder Equity1.1B1.3B1.3B1.5B1.5B1.6B
Total Liab204.8M441.2M346.6M267.6M82.4M73.5M
Short Long Term Debt Total44.4M42.1M48.1M43.1M38.1M30.0M
Other Current Liab21.3M127.3M28.4M33.4M27.9M14.0M
Total Current Liabilities69.9M143.5M127.9M111.7M47.7M34.0M
Property Plant And Equipment Net107.2M112.4M124.7M125.5M52.9M29.2M
Accounts Payable6.7M12.6M9.8M22.4M15.3M16.0M
Cash80.4M131.3M178.9M100.4M45.2M45.0M
Non Current Assets Total232.0M278.9M323.2M262.2M71.0M68.1M
Non Currrent Assets Other4.0M7.9M10.2M12.3M18.1M19.0M
Cash And Short Term Investments385.0M692.0M464.7M277.6M81.0M77.0M
Net Receivables37.6M6.3M6.4M4.5M1.3M1.3M
Common Stock Total Equity1.2M1.4M1.5M1.7M1.5M1.4M
Short Term Investments282.0M510.1M197.7M177.2M35.8M34.0M
Non Current Liabilities Total134.9M297.6M218.7M155.8M34.7M57.7M
Property Plant And Equipment Gross107.2M112.4M149.7M162.1M103.9M109.1M
Total Current Assets405.5M659.7M398.8M300.3M94.3M175.7M
Accumulated Other Comprehensive Income(2.4M)5.4M(4.0M)(8.4M)(4.6M)(4.4M)
Common Stock1.2M1.4M1.5M1.7M1.8M1.7M
Net Debt(36.0M)(89.2M)(130.8M)(57.3M)(7.1M)(7.5M)
Other Current Assets5.4M24.0M31.7M36.4M12M12.6M
Property Plant Equipment29.9M41.3M51.5M63.5M73.1M76.7M
Current Deferred Revenue38.7M96.6M85.7M51.8M59.5M62.5M
Intangible Assets53.2M58.1M53.8M50.7M58.3M61.3M
Other Liab93.7M259.2M174.6M116.9M134.4M141.1M
Net Tangible Assets340.1M397.3M281.9M206.7M237.7M227.0M
Retained Earnings Total Equity(657.0M)(778.0M)(956.3M)(1.1B)(1.0B)(982.0M)
Capital Surpluse1.1B1.3B1.3B1.5B1.7B873.1M
Inventory(22.5M)(50.5M)(88.2M)1.00.90.95
Deferred Long Term Liab6.6M7.2M6.6M6.3M7.2M9.3M

Pair Trading with Sangamo Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sangamo Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sangamo Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Sangamo Stock

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The ability to find closely correlated positions to Sangamo Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangamo Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sangamo Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sangamo Therapeutics to buy it.
The correlation of Sangamo Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sangamo Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangamo Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sangamo Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sangamo Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sangamo Therapeutics' 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 Sangamo Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sangamo Therapeutics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Sangamo Therapeutics. If investors know Sangamo 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 Sangamo Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.24)
Revenue Per Share
0.066
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.58)
Return On Equity
(1.94)
The market value of Sangamo Therapeutics is measured differently than its book value, which is the value of Sangamo that is recorded on the company's balance sheet. Investors also form their own opinion of Sangamo Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sangamo Therapeutics' 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 Sangamo Therapeutics' market value can be influenced by many factors that don't directly affect Sangamo Therapeutics' 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 Sangamo Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangamo Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangamo Therapeutics' 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.