Spyre Short Term Investments vs Short Long Term Debt Total Analysis

SYRE Stock   27.00  0.50  1.82%   
Spyre Therapeutics financial indicator trend analysis is much more than just breaking down Spyre Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spyre Therapeutics is a good investment. Please check the relationship between Spyre Therapeutics Short Term Investments and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spyre 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 information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.

Short Term Investments vs Short Long Term Debt Total

Short Term Investments vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spyre Therapeutics Short Term Investments account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Spyre Therapeutics' Short Term Investments and Short Long Term Debt Total is 0.91. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Spyre Therapeutics, assuming nothing else is changed. The correlation between historical values of Spyre Therapeutics' Short Term Investments and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Spyre Therapeutics are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Investments i.e., Spyre Therapeutics' Short Term Investments and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Spyre Therapeutics balance sheet. It contains any investments Spyre Therapeutics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Spyre Therapeutics can easily liquidate in the marketplace.

Short Long Term Debt Total

Most indicators from Spyre Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spyre 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 Spyre 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 information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.At present, Spyre Therapeutics' Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 77.9 M, whereas Tax Provision is projected to grow to (24.7 K).
 2021 2022 2023 2024 (projected)
Interest Income111K837K6.1M6.5M
Net Interest Income111K837K6.1M6.5M

Spyre Therapeutics fundamental ratios Correlations

0.870.730.79-0.08-0.01-0.79-0.910.290.95-0.06-0.15-0.921.0-0.490.940.950.970.190.910.981.00.910.97-0.95-0.56
0.870.780.53-0.06-0.03-0.45-0.920.370.74-0.020.06-0.860.86-0.520.930.920.910.340.890.930.860.890.9-0.92-0.75
0.730.780.770.430.32-0.35-0.870.660.550.460.27-0.490.7-0.550.810.820.670.520.860.730.710.850.63-0.64-0.26
0.790.530.770.140.18-0.75-0.70.30.750.14-0.13-0.490.78-0.420.690.730.680.110.710.70.780.70.67-0.64-0.13
-0.08-0.060.430.140.570.25-0.160.79-0.251.00.60.28-0.13-0.230.060.02-0.250.720.23-0.15-0.130.2-0.30.310.63
-0.01-0.030.320.180.570.14-0.010.58-0.150.53-0.10.17-0.03-0.32-0.050.11-0.160.110.06-0.09-0.040.04-0.180.220.47
-0.79-0.45-0.35-0.750.250.140.590.12-0.930.250.450.7-0.810.39-0.64-0.58-0.750.07-0.59-0.72-0.8-0.59-0.760.720.33
-0.91-0.92-0.87-0.7-0.16-0.010.59-0.42-0.8-0.2-0.20.81-0.890.57-0.99-0.91-0.89-0.54-0.99-0.93-0.9-0.99-0.870.880.53
0.290.370.660.30.790.580.12-0.420.040.80.41-0.140.24-0.320.350.470.160.550.470.250.250.450.11-0.090.26
0.950.740.550.75-0.25-0.15-0.93-0.80.04-0.24-0.33-0.90.96-0.450.850.810.940.040.790.920.960.80.94-0.92-0.57
-0.06-0.020.460.141.00.530.25-0.20.8-0.240.650.25-0.11-0.250.110.05-0.210.760.27-0.12-0.10.24-0.260.270.59
-0.150.060.27-0.130.6-0.10.45-0.20.41-0.330.650.21-0.19-0.070.13-0.01-0.180.830.22-0.12-0.180.21-0.220.180.22
-0.92-0.86-0.49-0.490.280.170.70.81-0.14-0.90.250.21-0.930.39-0.87-0.87-0.95-0.13-0.8-0.94-0.93-0.81-0.950.940.7
1.00.860.70.78-0.13-0.03-0.81-0.890.240.96-0.11-0.19-0.93-0.470.930.940.980.150.890.981.00.890.97-0.96-0.58
-0.49-0.52-0.55-0.42-0.23-0.320.390.57-0.32-0.45-0.25-0.070.39-0.47-0.55-0.45-0.44-0.45-0.59-0.47-0.47-0.54-0.410.420.23
0.940.930.810.690.06-0.05-0.64-0.990.350.850.110.13-0.870.93-0.550.920.930.470.980.960.930.990.91-0.92-0.59
0.950.920.820.730.020.11-0.58-0.910.470.810.05-0.01-0.870.94-0.450.920.920.260.910.950.940.910.91-0.89-0.53
0.970.910.670.68-0.25-0.16-0.75-0.890.160.94-0.21-0.18-0.950.98-0.440.930.920.130.870.990.980.881.0-0.99-0.73
0.190.340.520.110.720.110.07-0.540.550.040.760.83-0.130.15-0.450.470.260.130.570.20.160.550.08-0.110.11
0.910.890.860.710.230.06-0.59-0.990.470.790.270.22-0.80.89-0.590.980.910.870.570.910.891.00.84-0.84-0.45
0.980.930.730.7-0.15-0.09-0.72-0.930.250.92-0.12-0.12-0.940.98-0.470.960.950.990.20.910.980.920.99-0.98-0.69
1.00.860.710.78-0.13-0.04-0.8-0.90.250.96-0.1-0.18-0.931.0-0.470.930.940.980.160.890.980.90.97-0.96-0.58
0.910.890.850.70.20.04-0.59-0.990.450.80.240.21-0.810.89-0.540.990.910.880.551.00.920.90.85-0.86-0.47
0.970.90.630.67-0.3-0.18-0.76-0.870.110.94-0.26-0.22-0.950.97-0.410.910.911.00.080.840.990.970.85-1.0-0.75
-0.95-0.92-0.64-0.640.310.220.720.88-0.09-0.920.270.180.94-0.960.42-0.92-0.89-0.99-0.11-0.84-0.98-0.96-0.86-1.00.79
-0.56-0.75-0.26-0.130.630.470.330.530.26-0.570.590.220.7-0.580.23-0.59-0.53-0.730.11-0.45-0.69-0.58-0.47-0.750.79
Click cells to compare fundamentals

Spyre Therapeutics Account Relationship Matchups

Spyre Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets83.2M161.6M109.9M71.1M341.9M359.0M
Other Current Liab14.8M464K14.0M12.8M31.1M32.6M
Total Current Liabilities18.4M16.4M20.1M14.7M32.0M16.7M
Total Stockholder Equity60.1M139.8M83.9M50.3M184.0M96.1M
Property Plant And Equipment Net1.0M7.2M9.9M8.4M6.7M0.0
Net Debt(14.1M)(84.6M)(10.1M)(30.2M)(104.3M)(99.1M)
Retained Earnings(195.1M)(276.0M)(341.8M)(425.6M)(764.4M)(726.2M)
Accounts Payable3.2M2.3M3.3M677K896K1.6M
Cash19.3M90.1M15.1M34.9M188.9M198.3M
Non Current Assets Total8.7M11.8M11.0M8.9M331K314.5K
Non Currrent Assets Other11K115K842K683K9K8.6K
Cash And Short Term Investments71.9M146.3M93.1M55.7M339.3M356.2M
Net Receivables3.1M300K815K375K337.5K320.6K
Common Stock Shares Outstanding1.3M2.1M2.6M3.4M6.9M7.2M
Short Term Investments52.7M56.2M78.0M20.8M150.4M157.9M
Liabilities And Stockholders Equity83.2M161.6M109.9M71.1M341.9M359.0M
Non Current Liabilities Total4.7M5.3M5.8M6.2M125.9M132.2M
Other Current Assets2.6M3.5M4.9M6.2M2.3M3.4M
Other Stockholder Equity255.1M415.8M425.8M476.0M763.2M801.4M
Total Liab23.1M21.8M26.0M20.8M157.8M165.7M
Total Current Assets74.5M149.8M98.9M62.3M341.5M358.6M
Accumulated Other Comprehensive Income51K11K(20K)(48K)302K317.1K

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When determining whether Spyre Therapeutics is a strong investment it is important to analyze Spyre Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spyre Therapeutics' future performance. For an informed investment choice regarding Spyre Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spyre 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 information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Spyre Therapeutics. If investors know Spyre 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 Spyre 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
(37.90)
Return On Assets
(0.39)
Return On Equity
(0.92)
The market value of Spyre Therapeutics is measured differently than its book value, which is the value of Spyre that is recorded on the company's balance sheet. Investors also form their own opinion of Spyre Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Spyre 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 Spyre Therapeutics' market value can be influenced by many factors that don't directly affect Spyre 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 Spyre Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spyre Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spyre 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.