Solid Other Current Liab vs Cash And Short Term Investments Analysis

SLDB Stock  USD 5.69  0.09  1.56%   
Solid Biosciences financial indicator trend analysis is much more than just breaking down Solid Biosciences LLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Biosciences LLC is a good investment. Please check the relationship between Solid Biosciences Other Current Liab and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Biosciences LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab 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 Solid Biosciences LLC Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Solid Biosciences' Other Current Liab and Cash And Short Term Investments is -0.13. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Solid Biosciences LLC, assuming nothing else is changed. The correlation between historical values of Solid Biosciences' Other Current Liab 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 Other Current Liab of Solid Biosciences LLC 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 Other Current Liab i.e., Solid Biosciences' Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Solid Biosciences LLC balance sheet. This account contains Solid Biosciences investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Solid Biosciences LLC 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 Solid Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Biosciences LLC 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 Solid Biosciences LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
The current year's Issuance Of Capital Stock is expected to grow to about 79.7 M, whereas Selling General Administrative is forecasted to decline to about 20.8 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.0M2.4M2.6M2.3M
Net Interest Income64K2.6M7.0M7.4M

Solid Biosciences fundamental ratios Correlations

-0.160.790.970.9-0.86-0.860.460.930.99-0.140.560.61-0.680.890.93-0.630.760.99-0.140.790.80.070.250.780.79
-0.160.06-0.34-0.330.250.24-0.8-0.23-0.13-0.15-0.110.160.38-0.08-0.210.42-0.61-0.15-0.15-0.16-0.16-0.24-0.29-0.58-0.12
0.790.060.770.67-0.85-0.650.320.870.82-0.260.30.28-0.650.660.75-0.560.480.81-0.260.50.5-0.20.410.540.51
0.97-0.340.770.93-0.86-0.860.550.920.95-0.220.540.52-0.810.850.93-0.770.820.96-0.220.780.790.020.240.830.76
0.9-0.330.670.93-0.68-0.970.50.820.87-0.220.80.51-0.750.830.92-0.730.770.87-0.220.820.830.250.10.870.9
-0.860.25-0.85-0.86-0.680.61-0.5-0.96-0.880.05-0.18-0.230.63-0.63-0.740.55-0.72-0.880.05-0.54-0.550.1-0.6-0.7-0.45
-0.860.24-0.65-0.86-0.970.61-0.47-0.78-0.820.17-0.87-0.470.63-0.83-0.940.6-0.74-0.820.17-0.86-0.87-0.33-0.1-0.83-0.95
0.46-0.80.320.550.5-0.5-0.470.520.440.330.220.03-0.360.340.46-0.350.750.450.330.380.40.320.40.770.37
0.93-0.230.870.920.82-0.96-0.780.520.94-0.090.420.29-0.660.710.85-0.590.760.93-0.090.70.710.030.460.80.67
0.99-0.130.820.950.87-0.88-0.820.440.94-0.150.50.61-0.680.880.89-0.620.721.0-0.150.710.730.020.310.750.73
-0.14-0.15-0.26-0.22-0.220.050.170.33-0.09-0.15-0.13-0.20.66-0.16-0.230.680.25-0.151.0-0.16-0.110.710.50.22-0.17
0.56-0.110.30.540.8-0.18-0.870.220.420.5-0.130.43-0.370.640.68-0.380.480.5-0.130.70.710.55-0.170.640.89
0.610.160.280.520.51-0.23-0.470.030.290.61-0.20.43-0.350.80.51-0.340.250.63-0.20.350.37-0.03-0.210.250.47
-0.680.38-0.65-0.81-0.750.630.63-0.36-0.66-0.680.66-0.37-0.35-0.6-0.710.99-0.51-0.680.66-0.54-0.520.350.02-0.53-0.52
0.89-0.080.660.850.83-0.63-0.830.340.710.88-0.160.640.8-0.60.9-0.550.660.89-0.160.660.680.110.180.660.72
0.93-0.210.750.930.92-0.74-0.940.460.850.89-0.230.680.51-0.710.9-0.670.790.89-0.230.870.880.110.180.780.85
-0.630.42-0.56-0.77-0.730.550.6-0.35-0.59-0.620.68-0.38-0.340.99-0.55-0.67-0.48-0.620.68-0.52-0.490.330.09-0.51-0.51
0.76-0.610.480.820.77-0.72-0.740.750.760.720.250.480.25-0.510.660.79-0.480.730.250.720.750.410.450.940.62
0.99-0.150.810.960.87-0.88-0.820.450.931.0-0.150.50.63-0.680.890.89-0.620.73-0.150.70.720.020.310.750.72
-0.14-0.15-0.26-0.22-0.220.050.170.33-0.09-0.151.0-0.13-0.20.66-0.16-0.230.680.25-0.15-0.16-0.110.710.50.22-0.17
0.79-0.160.50.780.82-0.54-0.860.380.70.71-0.160.70.35-0.540.660.87-0.520.720.7-0.161.00.23-0.110.720.92
0.8-0.160.50.790.83-0.55-0.870.40.710.73-0.110.710.37-0.520.680.88-0.490.750.72-0.111.00.27-0.080.740.92
0.07-0.24-0.20.020.250.1-0.330.320.030.020.710.55-0.030.350.110.110.330.410.020.710.230.270.210.520.36
0.25-0.290.410.240.1-0.6-0.10.40.460.310.5-0.17-0.210.020.180.180.090.450.310.5-0.11-0.080.210.39-0.16
0.78-0.580.540.830.87-0.7-0.830.770.80.750.220.640.25-0.530.660.78-0.510.940.750.220.720.740.520.390.74
0.79-0.120.510.760.9-0.45-0.950.370.670.73-0.170.890.47-0.520.720.85-0.510.620.72-0.170.920.920.36-0.160.74
Click cells to compare fundamentals

Solid Biosciences Account Relationship Matchups

Solid Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets103.5M171.2M232.4M260.3M164.9M152.1M
Other Current Liab52K6.4M8.1M14.1M7.8M7.4M
Total Current Liabilities18.3M24.5M23.6M22.5M14.5M18.1M
Total Stockholder Equity80.0M132.1M208.2M211.7M126.5M82.2M
Net Tangible Assets80.0M132.1M208.2M211.7M243.4M255.6M
Net Debt(69.0M)(149.6M)(117.1M)(126.8M)(47.8M)(50.1M)
Retained Earnings(316.3M)(404.6M)(476.8M)(562.7M)(658.8M)(625.8M)
Accounts Payable7.1M3.3M4.5M3.2M2.0M4.0M
Cash76.0M154.7M119.1M155.4M74.0M92.2M
Cash And Short Term Investments83.5M154.7M207.8M213.7M123.6M130.5M
Common Stock Total Equity48K87K112K20K18K17.1K
Common Stock Shares Outstanding2.7M3.5M7.1M8.5M19.9M20.9M
Short Term Investments7.5M0.088.6M58.3M49.6M38.4M
Liabilities And Stockholders Equity103.5M171.2M232.4M260.3M164.9M152.1M
Non Current Liabilities Total5.1M14.6M568K26.1M23.9M29.3M
Other Current Assets1.5M4.2M14.7M8.8M10.1M5.1M
Other Stockholder Equity396.3M536.6M684.9M774.5M785.2M411.0M
Total Liab23.4M39.1M24.2M48.6M38.5M42.5M
Total Current Assets86.3M158.9M222.6M219.6M129.7M135.9M
Accumulated Other Comprehensive Income1K0.0(45K)(68K)15K15.8K
Common Stock48K87K112K20K18K17.1K
Property Plant And Equipment Net16.6M11.7M7.6M38.6M33.2M16.6M
Non Current Assets Total17.2M12.3M9.8M40.6M35.2M18.2M
Property Plant And Equipment Gross16.6M11.7M19.3M49.6M45.9M48.2M
Non Current Liabilities Other5.1M1.3M568K26.1M30.0M31.5M
Property Plant Equipment16.6M11.7M6.5M9.7M11.1M9.1M
Net Invested Capital80.0M132.1M208.2M211.7M126.5M129.6M
Net Working Capital68.0M134.4M199.0M197.1M115.2M139.8M
Short Long Term Debt Total7.1M5.2M2.1M28.5M26.3M27.6M
Capital Surpluse396.3M536.6M684.9M774.5M890.6M597.6M
Capital Lease Obligations7.1M5.2M2.1M28.5M26.3M27.6M
Capital Stock48K87K112K20K18K17.1K
Short Term Debt1.9M4.4M3.0M5.1M4.6M3.5M

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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 Solid Biosciences LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solid Biosciences' 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 Solid Biosciences Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solid Biosciences Llc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Biosciences LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Solid Biosciences. If investors know Solid 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 Solid Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.04)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.35)
Return On Equity
(0.66)
The market value of Solid Biosciences LLC is measured differently than its book value, which is the value of Solid that is recorded on the company's balance sheet. Investors also form their own opinion of Solid Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Solid Biosciences' 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 Solid Biosciences' market value can be influenced by many factors that don't directly affect Solid Biosciences' 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 Solid Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solid Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solid Biosciences' 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.