Shattuck Income Tax Expense vs Depreciation And Amortization Analysis
| STTK Stock | USD 1.01 0.01 1.00% |
Shattuck Labs financial indicator trend analysis is much more than just breaking down Shattuck Labs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shattuck Labs is a good investment. Please check the relationship between Shattuck Labs Income Tax Expense and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.
Income Tax Expense vs Depreciation And Amortization
Income Tax Expense vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shattuck Labs Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between Shattuck Labs' Income Tax Expense and Depreciation And Amortization is 0.33. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Shattuck Labs, assuming nothing else is changed. The correlation between historical values of Shattuck Labs' Income Tax Expense and Depreciation And Amortization 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 Tax Expense of Shattuck Labs are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., Shattuck Labs' Income Tax Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.33 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Tax Expense
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Shattuck Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shattuck Labs 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 Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.The value of Selling General Administrative is expected to slide to about 14.3 M. The value of Issuance Of Capital Stock is estimated to slide to about 45.8 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 3.1M | 4.0M | 4.2M | Interest Income | 625K | 1.6M | 4.7M | 4.9M |
Shattuck Labs fundamental ratios Correlations
Click cells to compare fundamentals
Shattuck Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shattuck Labs fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
| Other Current Liab | 425K | 7.4M | 14.6M | 17.1M | 9.1M | 8.9M | |
| Total Current Liabilities | 20.0M | 16.8M | 24.6M | 25.0M | 11.5M | 15.8M | |
| Total Stockholder Equity | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
| Net Tangible Assets | (34.5M) | 309.9M | 271.8M | 176.2M | 202.6M | 156.7M | |
| Property Plant And Equipment Net | 2.4M | 3M | 9.9M | 17.7M | 13.8M | 9.0M | |
| Net Debt | (7.0M) | (157.9M) | (92.3M) | (43.2M) | (121.4M) | (115.4M) | |
| Retained Earnings | (35.5M) | (72.1M) | (117.1M) | (219.0M) | (306.3M) | (291.0M) | |
| Accounts Payable | 3.1M | 1.8M | 10.0M | 7.2M | 1.6M | 1.5M | |
| Cash | 7.0M | 157.9M | 92.3M | 47.4M | 125.6M | 84.7M | |
| Non Currrent Assets Other | 90K | 349K | 381K | 3.1M | 2.5M | 2.7M | |
| Other Assets | 90K | 349K | 10.3M | 434K | 1.0 | 0.95 | |
| Cash And Short Term Investments | 39.1M | 335.4M | 268.8M | 161.3M | 130.6M | 182.5M | |
| Common Stock Shares Outstanding | 41.7M | 41.8M | 42.0M | 42.4M | 42.6M | 41.4M | |
| Short Term Investments | 32.1M | 177.6M | 176.5M | 113.9M | 5.0M | 4.7M | |
| Liabilities And Stockholders Equity | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
| Non Current Liabilities Total | 59.5M | 22.3M | 2.2M | 4.2M | 3.4M | 3.2M | |
| Other Current Assets | 3.4M | 20.4M | 38.9M | 23.3M | 12.6M | 19.0M | |
| Other Stockholder Equity | (48.2M) | 382.0M | 389.4M | 396.0M | 451.0M | 288.0M | |
| Total Liab | 79.5M | 39.1M | 26.8M | 29.2M | 14.9M | 14.1M | |
| Net Invested Capital | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
| Property Plant And Equipment Gross | 2.4M | 3M | 9.9M | 17.7M | 23.3M | 24.5M | |
| Total Current Assets | 42.4M | 345.6M | 288.3M | 184.6M | 143.2M | 196.1M | |
| Accumulated Other Comprehensive Income | 54K | (63K) | (560K) | (877K) | 4K | 4.2K | |
| Net Working Capital | 22.5M | 328.8M | 263.7M | 159.6M | 131.8M | 174.4M | |
| Property Plant Equipment | 2.4M | 3M | 9.9M | 17.7M | 20.3M | 21.3M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.