SpringWorks Current Deferred Revenue vs Property Plant Equipment Analysis

SWTX Stock  USD 41.22  1.83  4.65%   
SpringWorks Therapeutics financial indicator trend analysis is much more than just breaking down SpringWorks Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SpringWorks Therapeutics is a good investment. Please check the relationship between SpringWorks Therapeutics Current Deferred Revenue and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpringWorks 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 estimate.
For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SpringWorks Therapeutics Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between SpringWorks Therapeutics' Current Deferred Revenue and Property Plant Equipment is 0.23. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of SpringWorks Therapeutics, assuming nothing else is changed. The correlation between historical values of SpringWorks Therapeutics' Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of SpringWorks Therapeutics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., SpringWorks Therapeutics' Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from SpringWorks Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SpringWorks 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 SpringWorks 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 estimate.
For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.At this time, SpringWorks Therapeutics' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 38.08 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 237.1 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue490K1.9M422K400.9K
Research Development101.7M146.1M150.5M158.0M

SpringWorks Therapeutics fundamental ratios Correlations

0.910.80.530.820.430.70.840.120.190.860.690.640.310.650.28-0.19-0.64-0.640.940.86-0.68-0.890.820.940.95
0.910.90.50.920.510.540.750.020.340.780.860.840.30.790.37-0.14-0.84-0.840.760.98-0.52-0.990.940.830.75
0.80.90.410.80.830.420.81-0.340.690.680.890.73-0.130.870.730.3-0.74-0.740.640.86-0.41-0.870.820.70.63
0.530.50.410.330.090.630.36-0.310.220.630.280.60.250.450.0-0.13-0.6-0.60.450.35-0.63-0.430.720.480.37
0.820.920.80.330.430.390.760.090.20.830.760.680.340.660.28-0.21-0.69-0.690.710.9-0.37-0.940.820.820.71
0.430.510.830.090.430.160.66-0.640.90.350.670.34-0.650.680.980.76-0.34-0.340.320.47-0.17-0.460.370.340.33
0.70.540.420.630.390.160.460.090.020.560.310.420.310.330.0-0.24-0.43-0.430.690.45-1.0-0.50.520.660.69
0.840.750.810.360.760.660.46-0.20.380.840.630.52-0.10.480.560.18-0.33-0.330.870.68-0.45-0.730.620.880.84
0.120.02-0.34-0.310.09-0.640.09-0.2-0.84-0.07-0.17-0.10.79-0.33-0.7-0.850.080.080.190.15-0.06-0.11-0.070.150.26
0.190.340.690.220.20.90.020.38-0.840.150.550.34-0.720.690.920.84-0.4-0.40.020.28-0.03-0.270.330.050.0
0.860.780.680.630.830.350.560.84-0.070.150.540.510.250.540.21-0.15-0.52-0.520.830.67-0.54-0.750.750.890.8
0.690.860.890.280.760.670.310.63-0.170.550.540.730.010.790.580.15-0.74-0.740.50.85-0.3-0.840.770.640.52
0.640.840.730.60.680.340.420.52-0.10.340.510.730.310.590.25-0.15-0.8-0.80.530.82-0.4-0.840.910.610.44
0.310.3-0.130.250.34-0.650.31-0.10.79-0.720.250.010.31-0.07-0.76-0.98-0.34-0.340.30.35-0.28-0.360.370.340.3
0.650.790.870.450.660.680.330.48-0.330.690.540.790.59-0.070.60.25-0.88-0.880.370.76-0.32-0.740.780.430.4
0.280.370.730.00.280.980.00.56-0.70.920.210.580.25-0.760.60.85-0.23-0.230.190.33-0.01-0.320.240.190.19
-0.19-0.140.3-0.13-0.210.76-0.240.18-0.850.84-0.150.15-0.15-0.980.250.850.150.15-0.23-0.20.210.21-0.19-0.25-0.23
-0.64-0.84-0.74-0.6-0.69-0.34-0.43-0.330.08-0.4-0.52-0.74-0.8-0.34-0.88-0.230.151.0-0.38-0.820.410.81-0.91-0.46-0.37
-0.64-0.84-0.74-0.6-0.69-0.34-0.43-0.330.08-0.4-0.52-0.74-0.8-0.34-0.88-0.230.151.0-0.38-0.820.410.81-0.91-0.46-0.37
0.940.760.640.450.710.320.690.870.190.020.830.50.530.30.370.19-0.23-0.38-0.380.72-0.67-0.760.660.960.98
0.860.980.860.350.90.470.450.680.150.280.670.850.820.350.760.33-0.2-0.82-0.820.72-0.43-0.990.890.780.72
-0.68-0.52-0.41-0.63-0.37-0.17-1.0-0.45-0.06-0.03-0.54-0.3-0.4-0.28-0.32-0.010.210.410.41-0.67-0.430.48-0.5-0.64-0.67
-0.89-0.99-0.87-0.43-0.94-0.46-0.5-0.73-0.11-0.27-0.75-0.84-0.84-0.36-0.74-0.320.210.810.81-0.76-0.990.48-0.92-0.83-0.74
0.820.940.820.720.820.370.520.62-0.070.330.750.770.910.370.780.24-0.19-0.91-0.910.660.89-0.5-0.920.740.61
0.940.830.70.480.820.340.660.880.150.050.890.640.610.340.430.19-0.25-0.46-0.460.960.78-0.64-0.830.740.94
0.950.750.630.370.710.330.690.840.260.00.80.520.440.30.40.19-0.23-0.37-0.370.980.72-0.67-0.740.610.94
Click cells to compare fundamentals

SpringWorks Therapeutics Account Relationship Matchups

SpringWorks Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets334.8M576.2M452.5M630.2M725.8M762.1M
Other Current Liab9.3M13.5M24.2M38.8M64.5M67.7M
Total Current Liabilities12.0M17.6M30.0M51.0M78.2M82.1M
Total Stockholder Equity322.1M557.1M422.4M(569.9M)626.2M657.5M
Accounts Payable2.7M1.4M3.4M8.0M7.4M7.8M
Cash327.7M147.1M104.0M67.5M176.1M184.9M
Other Assets1.7M2.6M3.3M3.2M3.7M2.2M
Other Current Assets3.7M9.8M18.8M7.5M12.7M13.3M
Total Liab12.8M19.1M30.1M72.1M99.6M104.5M
Property Plant Equipment795K3.0M4.2M18.3M16.4M14.7M
Net Tangible Assets322.1M557.1M422.4M558.2M641.9M336.2M
Property Plant And Equipment Net795K3.0M4.2M18.3M24.1M25.3M
Net Debt(327.7M)(144.4M)(102.7M)(62.2M)(169.0M)(177.4M)
Retained Earnings(73.0M)(118.6M)(292.5M)(569.9M)(895.0M)(850.3M)
Non Current Assets Total3.5M62.8M69.6M30.5M224.9M236.1M
Non Currrent Assets Other1.7M2.6M3.3M3.2M4.2M2.5M
Cash And Short Term Investments327.7M508.5M373.5M597.0M479.2M368.0M
Common Stock Shares Outstanding43.0M43.3M48.5M53.3M63.1M49.5M
Liabilities And Stockholders Equity334.8M576.2M452.5M(497.9M)725.8M762.1M
Non Current Liabilities Total789K1.5M129K21.0M21.4M13.9M
Other Stockholder Equity395.1M675.6M715.2M1.1B1.5B1.6B
Net Invested Capital322.1M557.1M422.4M558.2M626.2M386.6M
Long Term Investments976K57.2M62.1M9.0M185.3M194.6M
Property Plant And Equipment Gross795K1.1M5.2M19.5M26.7M28.1M
Total Current Assets331.4M513.4M382.9M599.8M500.9M374.9M
Accumulated Other Comprehensive Income(334.8M)41K(312K)(767K)1.2M1.3M
Net Working Capital319.4M495.8M352.9M548.7M422.7M344.6M

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