Viking Total Liab vs Accounts Payable Analysis
VKTX Stock | USD 52.59 0.96 1.86% |
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 Total Liab and its Accounts Payable 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.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viking Therapeutics Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Viking Therapeutics' Total Liab and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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' Total Liab and Accounts Payable 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 Liab of Viking Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Viking Therapeutics' Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Viking Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Viking Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 38.9 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (16.03).
Viking Therapeutics fundamental ratios Correlations
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Viking Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Viking Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 4.0M | 7.5M | 7.3M | 12.8M | 11.0M | 11.5M | |
Total Current Liabilities | 6.8M | 12.1M | 8.8M | 21.9M | 19.1M | 10.4M | |
Total Stockholder Equity | 277.1M | 244.3M | 201.9M | 145.3M | 348.4M | 365.8M | |
Net Debt | (7.7M) | (28.8M) | (26.3M) | (35.1M) | (54.3M) | (51.5M) | |
Retained Earnings | (128.7M) | (168.2M) | (223.2M) | (292.0M) | (377.9M) | (359.0M) | |
Accounts Payable | 2.4M | 4.0M | 1.4M | 8.5M | 7.5M | 7.9M | |
Non Current Liabilities Total | 360K | 29K | 1.5M | 1.3M | 936K | 1.1M | |
Other Stockholder Equity | 405.8M | 412.6M | 425.6M | 438.5M | 726.8M | 763.1M | |
Total Liab | 7.1M | 12.2M | 8.8M | 23.2M | 20.1M | 11.3M | |
Total Assets | 284.3M | 256.5M | 210.7M | 168.5M | 368.5M | 386.9M | |
Cash | 8.4M | 29.1M | 26.4M | 36.6M | 55.5M | 58.3M | |
Non Current Assets Total | 755K | 398K | 134K | 1.5M | 1.3M | 755.8K | |
Non Currrent Assets Other | 157K | 77K | 109K | 71K | 139K | 132.1K | |
Cash And Short Term Investments | 275.6M | 248.4M | 202.1M | 155.5M | 362.1M | 380.2M | |
Common Stock Shares Outstanding | 72.0M | 72.6M | 77.2M | 76.8M | 94.3M | 50.8M | |
Liabilities And Stockholders Equity | 284.3M | 256.5M | 210.7M | 168.5M | 368.5M | 386.9M | |
Total Current Assets | 283.5M | 256.1M | 210.5M | 167.0M | 367.2M | 385.6M | |
Net Tangible Assets | 277.1M | 244.3M | 201.9M | 145.3M | 167.1M | 143.6M | |
Other Assets | 157K | 398K | 109K | 71K | 63.9K | 60.7K | |
Other Current Assets | 7.9M | 7.7M | 8.4M | 11.6M | 5.1M | 4.9M | |
Deferred Long Term Liab | 128K | 48K | 76K | 38K | 34.2K | 32.5K | |
Retained Earnings Total Equity | (128.7M) | (168.2M) | (223.2M) | (292.0M) | (262.8M) | (249.7M) | |
Short Term Investments | 267.3M | 219.3M | 175.7M | 118.9M | 306.6M | 171.0M | |
Capital Surpluse | 405.8M | 412.6M | 425.6M | 445.3M | 512.1M | 317.3M | |
Accumulated Other Comprehensive Income | 12K | (54K) | (549K) | (1.1M) | (389K) | (408.5K) | |
Net Invested Capital | 277.1M | 244.3M | 201.9M | 145.3M | 348.4M | 240.7M | |
Net Working Capital | 276.7M | 244.0M | 201.8M | 145.1M | 348.1M | 239.9M |
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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.