Tectonic Current Deferred Revenue vs Cash Analysis
| TECX Stock | 49.78 0.62 1.26% |
Tectonic Therapeutic, financial indicator trend analysis is much more than just breaking down Tectonic Therapeutic, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tectonic Therapeutic, is a good investment. Please check the relationship between Tectonic Therapeutic, Current Deferred Revenue and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.
Current Deferred Revenue vs Cash
Current Deferred Revenue vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Therapeutic, Current Deferred Revenue account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tectonic Therapeutic,'s Current Deferred Revenue and Cash is 0.95. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash in the same time period over historical financial statements of Tectonic Therapeutic,, assuming nothing else is changed. The correlation between historical values of Tectonic Therapeutic,'s Current Deferred Revenue and Cash 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 Tectonic Therapeutic, are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Tectonic Therapeutic,'s Current Deferred Revenue and Cash go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Cash
Cash refers to the most liquid asset of Tectonic Therapeutic,, which is listed under current asset account on Tectonic Therapeutic, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tectonic Therapeutic, customers. The amounts must be unrestricted with restricted cash listed in a different Tectonic Therapeutic, account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Tectonic Therapeutic,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tectonic Therapeutic, 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 Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.Selling General Administrative is likely to drop to about 7.1 M in 2024. Issuance Of Capital Stock is likely to drop to about 41.7 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 117.4M | 101.3M | 44.6M | 76.5M | Cost Of Revenue | 1.4M | 4.2M | 617K | 586.2K |
Tectonic Therapeutic, fundamental ratios Correlations
Click cells to compare fundamentals
Tectonic Therapeutic, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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