Viking Change To Liabilities vs Depreciation Analysis

VKTX Stock  USD 33.69  0.26  0.78%   
Viking Therapeutics financial indicator trend analysis is much more than just breaking down Viking Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viking Therapeutics is a good investment. Please check the relationship between Viking Therapeutics Change To Liabilities and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viking 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 Viking Stock please use our How to Invest in Viking Therapeutics guide.

Change To Liabilities vs Depreciation

Change To Liabilities vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viking Therapeutics Change To Liabilities account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Viking Therapeutics' Change To Liabilities and Depreciation is -0.33. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Viking Therapeutics, assuming nothing else is changed. The correlation between historical values of Viking Therapeutics' Change To Liabilities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Viking Therapeutics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Liabilities i.e., Viking Therapeutics' Change To Liabilities and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Liabilities

Depreciation

Depreciation indicates how much of Viking Therapeutics value has been used up. For tax purposes Viking Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Viking Therapeutics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Viking Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viking 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 Viking 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 Viking Stock please use our How to Invest in Viking Therapeutics guide.Selling General Administrative is likely to rise to about 44.7 M in 2025, despite the fact that Enterprise Value Over EBITDA is likely to grow to (14.43).

Viking Therapeutics fundamental ratios Correlations

0.040.31-0.110.02-0.110.19-0.080.620.010.34-0.08-0.080.250.060.320.31-0.09-0.01-0.090.89-0.19-0.2-0.42-0.08-0.46
0.040.780.85-0.95-0.970.950.78-0.090.940.750.790.86-0.290.960.46-0.250.850.940.86-0.240.61-0.78-0.690.79-0.64
0.310.780.58-0.73-0.780.870.520.140.710.990.530.62-0.060.760.860.380.610.70.61-0.090.33-0.51-0.460.56-0.42
-0.110.850.58-0.89-0.850.750.85-0.250.970.540.861.0-0.360.90.28-0.281.00.951.0-0.330.82-0.82-0.70.61-0.66
0.02-0.95-0.73-0.890.96-0.89-0.810.15-0.95-0.69-0.81-0.90.36-0.98-0.40.25-0.9-0.94-0.90.28-0.640.760.66-0.660.61
-0.11-0.97-0.78-0.850.96-0.92-0.80.04-0.95-0.75-0.81-0.870.3-0.95-0.480.21-0.86-0.94-0.870.17-0.610.80.74-0.750.69
0.190.950.870.75-0.89-0.920.64-0.040.880.850.650.78-0.240.920.62-0.10.770.850.78-0.160.44-0.64-0.590.67-0.54
-0.080.780.520.85-0.81-0.80.64-0.190.820.471.00.85-0.40.730.3-0.270.840.890.85-0.220.92-0.91-0.780.82-0.75
0.62-0.090.14-0.250.150.04-0.04-0.19-0.150.22-0.19-0.230.64-0.110.160.31-0.23-0.16-0.230.57-0.26-0.02-0.24-0.09-0.21
0.010.940.710.97-0.95-0.950.880.82-0.150.670.830.98-0.330.970.39-0.250.970.980.97-0.260.71-0.81-0.720.66-0.67
0.340.750.990.54-0.69-0.750.850.470.220.670.480.580.070.730.880.420.570.650.58-0.070.29-0.48-0.460.52-0.42
-0.080.790.530.86-0.81-0.810.651.0-0.190.830.480.86-0.40.740.3-0.270.850.90.86-0.220.92-0.91-0.790.82-0.75
-0.080.860.621.0-0.9-0.870.780.85-0.230.980.580.86-0.340.910.32-0.251.00.961.0-0.320.81-0.82-0.70.62-0.66
0.25-0.29-0.06-0.360.360.3-0.24-0.40.64-0.330.07-0.4-0.34-0.330.160.45-0.34-0.39-0.350.23-0.330.210.07-0.290.05
0.060.960.760.9-0.98-0.950.920.73-0.110.970.730.740.91-0.330.41-0.230.910.930.91-0.240.57-0.72-0.650.6-0.6
0.320.460.860.28-0.4-0.480.620.30.160.390.880.30.320.160.410.660.320.370.32-0.080.13-0.23-0.20.34-0.17
0.31-0.250.38-0.280.250.21-0.1-0.270.31-0.250.42-0.27-0.250.45-0.230.66-0.25-0.27-0.250.11-0.250.270.25-0.250.23
-0.090.850.611.0-0.9-0.860.770.84-0.230.970.570.851.0-0.340.910.32-0.250.961.0-0.320.81-0.81-0.70.6-0.65
-0.010.940.70.95-0.94-0.940.850.89-0.160.980.650.90.96-0.390.930.37-0.270.960.96-0.250.79-0.87-0.770.78-0.72
-0.090.860.611.0-0.9-0.870.780.85-0.230.970.580.861.0-0.350.910.32-0.251.00.96-0.320.81-0.82-0.70.62-0.66
0.89-0.24-0.09-0.330.280.17-0.16-0.220.57-0.26-0.07-0.22-0.320.23-0.24-0.080.11-0.32-0.25-0.32-0.26-0.08-0.32-0.2-0.38
-0.190.610.330.82-0.64-0.610.440.92-0.260.710.290.920.81-0.330.570.13-0.250.810.790.81-0.26-0.87-0.720.69-0.7
-0.2-0.78-0.51-0.820.760.8-0.64-0.91-0.02-0.81-0.48-0.91-0.820.21-0.72-0.230.27-0.81-0.87-0.82-0.08-0.870.96-0.770.94
-0.42-0.69-0.46-0.70.660.74-0.59-0.78-0.24-0.72-0.46-0.79-0.70.07-0.65-0.20.25-0.7-0.77-0.7-0.32-0.720.96-0.660.99
-0.080.790.560.61-0.66-0.750.670.82-0.090.660.520.820.62-0.290.60.34-0.250.60.780.62-0.20.69-0.77-0.66-0.62
-0.46-0.64-0.42-0.660.610.69-0.54-0.75-0.21-0.67-0.42-0.75-0.660.05-0.6-0.170.23-0.65-0.72-0.66-0.38-0.70.940.99-0.62
Click cells to compare fundamentals

Viking Therapeutics Account Relationship Matchups

Viking Therapeutics fundamental ratios Accounts

202020212022202320242025 (projected)
Short Long Term Debt Total359K29K1.6M1.3M1.4M1.5M
Other Current Liab7.5M7.3M12.8M11.3M13.0M13.6M
Total Current Liabilities12.1M8.8M21.9M19.1M22.0M23.1M
Total Stockholder Equity244.3M201.9M145.3M348.4M400.7M420.7M
Net Debt(28.8M)(26.3M)(35.1M)(54.3M)(48.8M)(46.4M)
Retained Earnings(168.2M)(223.2M)(292.0M)(377.9M)(340.1M)(323.1M)
Accounts Payable4.0M1.4M8.5M7.5M8.6M9.1M
Non Current Liabilities Total29K1.5M1.3M936K842.4K1.1M
Other Stockholder Equity412.6M425.6M438.5M726.8M835.8M877.6M
Total Liab12.2M8.8M23.2M20.1M23.1M24.2M
Total Assets256.5M210.7M168.5M368.5M423.8M445.0M
Cash29.1M26.4M36.6M55.5M63.8M67.0M
Non Current Assets Total398K134K1.5M1.3M1.5M755.8K
Non Currrent Assets Other77K109K71K139K125.1K118.8K
Cash And Short Term Investments248.4M202.1M155.5M362.1M416.4M437.2M
Common Stock Shares Outstanding72.6M77.2M76.8M94.3M108.5M113.9M
Liabilities And Stockholders Equity256.5M210.7M168.5M368.5M423.8M445.0M
Total Current Assets256.1M210.5M167.0M367.2M422.3M443.4M
Short Term Debt660K58K608K324K291.6K277.0K
Net Tangible Assets277.1M244.3M201.9M145.3M167.1M143.6M
Other Assets157K398K109K71K63.9K60.7K
Other Current Assets7.7M8.4M11.6M5.1M5.9M4.9M
Deferred Long Term Liab128K48K76K38K34.2K32.5K
Retained Earnings Total Equity(128.7M)(168.2M)(223.2M)(292.0M)(262.8M)(249.7M)
Short Term Investments219.3M175.7M118.9M306.6M352.5M370.2M
Capital Surpluse405.8M412.6M425.6M445.3M512.1M317.3M
Accumulated Other Comprehensive Income(54K)(549K)(1.1M)(389K)(350.1K)(367.6K)
Net Invested Capital244.3M201.9M145.3M348.4M400.7M240.7M
Net Working Capital244.0M201.8M145.1M348.1M400.3M239.9M
Property Plant And Equipment Net321K25K1.4M1.1M1.3M767.4K
Capital Lease Obligations359K29K1.6M1.3M1.4M852.3K

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When running Viking Therapeutics' price analysis, check to measure Viking Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viking Therapeutics is operating at the current time. Most of Viking Therapeutics' value examination focuses on studying past and present price action to predict the probability of Viking Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viking Therapeutics' price. Additionally, you may evaluate how the addition of Viking Therapeutics to your portfolios can decrease your overall portfolio volatility.