SPRY Stock | | | 12.57 0.39 3.20% |
Silverback Therapeutics financial indicator trend analysis is much more than just breaking down Silverback Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silverback Therapeutics is a good investment. Please check the relationship between Silverback Therapeutics Total Current Liabilities 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 Silverback 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 metropolitan statistical area.
For more information on how to buy Silverback Stock please use our
How to Invest in Silverback Therapeutics guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities 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
Silverback Therapeutics Total Current Liabilities account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Silverback Therapeutics' Total Current Liabilities and Cash And Short Term Investments is -0.86. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Silverback Therapeutics, assuming nothing else is changed. The correlation between historical values of Silverback Therapeutics' Total Current Liabilities 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 Total Current Liabilities of Silverback Therapeutics 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 Total Current Liabilities i.e., Silverback Therapeutics' Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Silverback Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Silverback Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Silverback Therapeutics balance sheet. This account contains Silverback Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Silverback Therapeutics 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 Silverback Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silverback 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 Silverback 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 metropolitan statistical area.
For more information on how to buy Silverback Stock please use our
How to Invest in Silverback Therapeutics guide.At this time, Silverback Therapeutics'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 1,489 in 2025, whereas
Enterprise Value Over EBITDA is likely to drop
(6.32) in 2025.
Silverback Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Silverback Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silverback Therapeutics fundamental ratios Accounts
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Additional Tools for Silverback Stock Analysis
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measure Silverback Therapeutics' 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 Silverback Therapeutics is operating at the current time. Most of Silverback Therapeutics' value examination focuses on studying past and present price action to
predict the probability of Silverback Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silverback Therapeutics' price. Additionally, you may evaluate how the addition of Silverback Therapeutics to your portfolios can decrease your overall portfolio volatility.