Tectonic Total Assets vs Property Plant And Equipment Net 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, Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Therapeutic, Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tectonic Therapeutic,'s Total Assets and Property Plant And Equipment Net is 0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net 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 Assets of Tectonic Therapeutic, are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Tectonic Therapeutic,'s Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Tectonic Therapeutic, assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tectonic Therapeutic, books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Expenses117.4M101.3M44.6M76.5M
Cost Of Revenue1.4M4.2M617K586.2K

Tectonic Therapeutic, fundamental ratios Correlations

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0.750.470.760.4-0.780.790.760.760.53-0.18-0.650.760.56-0.87-0.610.90.23-0.10.760.580.630.55-0.560.56-0.57
0.80.470.740.83-0.830.740.810.850.91-0.67-0.870.850.89-0.68-0.040.690.390.610.860.730.840.84-0.90.85-0.91
1.00.760.740.42-0.970.990.980.950.62-0.14-0.670.950.92-0.96-0.690.970.75-0.020.950.610.60.94-0.920.94-0.92
0.490.40.830.42-0.620.50.570.660.97-0.96-0.940.660.63-0.50.330.440.00.870.670.890.960.56-0.540.57-0.56
-0.98-0.78-0.83-0.97-0.62-0.99-1.0-1.0-0.790.380.83-1.0-0.950.970.51-0.95-0.64-0.2-1.0-0.78-0.78-0.950.91-0.950.92
0.990.790.740.990.5-0.990.990.980.69-0.24-0.740.980.93-0.99-0.630.970.720.060.980.710.680.94-0.890.94-0.89
0.990.760.810.980.57-1.00.990.990.75-0.31-0.790.990.96-0.97-0.560.950.70.140.990.740.720.96-0.920.96-0.92
0.970.760.850.950.66-1.00.980.990.82-0.42-0.861.00.96-0.96-0.470.940.620.251.00.810.80.95-0.910.95-0.92
0.680.530.910.620.97-0.790.690.750.82-0.86-0.990.820.79-0.680.110.620.210.750.830.930.980.74-0.710.74-0.72
-0.22-0.18-0.67-0.14-0.960.38-0.24-0.31-0.42-0.860.82-0.42-0.410.24-0.58-0.170.22-0.96-0.44-0.78-0.85-0.320.3-0.330.33
-0.72-0.65-0.87-0.67-0.940.83-0.74-0.79-0.86-0.990.82-0.86-0.790.75-0.01-0.7-0.21-0.66-0.86-0.95-0.99-0.740.7-0.740.72
0.970.760.850.950.66-1.00.980.991.00.82-0.42-0.860.96-0.96-0.470.940.620.251.00.810.80.95-0.910.95-0.92
0.950.560.890.920.63-0.950.930.960.960.79-0.41-0.790.96-0.87-0.390.840.740.310.960.740.721.0-0.951.0-0.95
-0.95-0.87-0.68-0.96-0.50.97-0.99-0.97-0.96-0.680.240.75-0.96-0.870.65-0.98-0.63-0.02-0.96-0.73-0.7-0.880.82-0.880.82
-0.62-0.61-0.04-0.690.330.51-0.63-0.56-0.470.11-0.58-0.01-0.47-0.390.65-0.7-0.660.74-0.460.010.08-0.460.44-0.460.42
0.960.90.690.970.44-0.950.970.950.940.62-0.17-0.70.940.84-0.98-0.70.59-0.050.930.630.650.85-0.850.85-0.85
0.720.230.390.750.0-0.640.720.70.620.210.22-0.210.620.74-0.63-0.660.59-0.230.620.280.110.8-0.680.79-0.66
0.06-0.10.61-0.020.87-0.20.060.140.250.75-0.96-0.660.250.31-0.020.74-0.05-0.230.270.620.70.23-0.220.23-0.24
0.970.760.860.950.67-1.00.980.991.00.83-0.44-0.861.00.96-0.96-0.460.930.620.270.810.810.95-0.910.95-0.92
0.650.580.730.610.89-0.780.710.740.810.93-0.78-0.950.810.74-0.730.010.630.280.620.810.940.7-0.570.71-0.59
0.650.630.840.60.96-0.780.680.720.80.98-0.85-0.990.80.72-0.70.080.650.110.70.810.940.66-0.640.67-0.66
0.950.550.840.940.56-0.950.940.960.950.74-0.32-0.740.951.0-0.88-0.460.850.80.230.950.70.66-0.951.0-0.95
-0.95-0.56-0.9-0.92-0.540.91-0.89-0.92-0.91-0.710.30.7-0.91-0.950.820.44-0.85-0.68-0.22-0.91-0.57-0.64-0.95-0.951.0
0.960.560.850.940.57-0.950.940.960.950.74-0.33-0.740.951.0-0.88-0.460.850.790.230.950.710.671.0-0.95-0.95
-0.95-0.57-0.91-0.92-0.560.92-0.89-0.92-0.92-0.720.330.72-0.92-0.950.820.42-0.85-0.66-0.24-0.92-0.59-0.66-0.951.0-0.95
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Tectonic Therapeutic, Account Relationship Matchups

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