Aurinia Net Tangible Assets vs Net Receivables Analysis

AUPH Stock  USD 10.49  1.25  13.53%   
Aurinia Pharmaceuticals financial indicator trend analysis is way more than just evaluating Aurinia Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurinia Pharmaceuticals is a good investment. Please check the relationship between Aurinia Pharmaceuticals Net Tangible Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurinia Pharmaceuticals Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurinia Pharmaceuticals' Net Tangible Assets and Net Receivables is 0.77. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Aurinia Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Aurinia Pharmaceuticals' Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Aurinia Pharmaceuticals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Aurinia Pharmaceuticals' Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from Aurinia Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurinia Pharmaceuticals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.As of now, Aurinia Pharmaceuticals' Enterprise Value Multiple is increasing as compared to previous years. The Aurinia Pharmaceuticals' current Enterprise Value is estimated to increase to about 1.5 B, while Sales General And Administrative To Revenue is projected to decrease to 1.21.
 2022 2023 2024 2025 (projected)
Total Operating Expenses239.8M253.1M211.6M222.2M
Cost Of Revenue5.7M14.1M28.2M29.7M

Aurinia Pharmaceuticals fundamental ratios Correlations

0.690.90.870.980.70.69-0.3-0.960.550.770.910.980.80.970.80.910.940.870.860.70.990.56-0.320.540.02
0.690.860.90.550.990.220.35-0.750.420.980.770.520.890.670.950.870.580.90.950.990.590.89-0.3-0.07-0.19
0.90.860.990.820.890.550.1-0.910.390.920.970.790.960.850.860.950.830.980.960.890.850.65-0.40.16-0.02
0.870.90.990.780.920.480.16-0.90.430.940.950.750.980.830.890.960.810.990.980.930.810.69-0.390.11-0.07
0.980.550.820.780.570.74-0.43-0.930.530.660.861.00.690.960.690.830.930.780.760.571.00.45-0.290.640.07
0.70.990.890.920.570.260.37-0.750.370.980.80.540.910.660.940.880.60.920.961.00.610.87-0.37-0.08-0.21
0.690.220.550.480.740.26-0.43-0.550.210.360.60.730.430.590.290.450.570.420.40.260.720.08-0.220.540.13
-0.30.350.10.16-0.430.37-0.430.15-0.340.270.07-0.480.25-0.320.090.04-0.270.180.130.37-0.390.32-0.14-0.960.0
-0.96-0.75-0.91-0.9-0.93-0.75-0.550.15-0.6-0.81-0.93-0.91-0.84-0.96-0.84-0.94-0.95-0.93-0.89-0.75-0.94-0.630.28-0.4-0.09
0.550.420.390.430.530.370.21-0.34-0.60.390.390.560.390.690.580.580.60.460.510.370.550.330.00.49-0.02
0.770.980.920.940.660.980.360.27-0.810.390.840.620.90.740.930.90.650.930.960.980.690.85-0.270.02-0.16
0.910.770.970.950.860.80.60.07-0.930.390.840.830.930.870.770.930.890.960.890.80.880.59-0.410.170.11
0.980.520.790.751.00.540.73-0.48-0.910.560.620.830.660.950.680.810.930.750.730.530.990.42-0.290.680.06
0.80.890.960.980.690.910.430.25-0.840.390.90.930.660.760.860.920.760.960.950.910.740.65-0.40.01-0.04
0.970.670.850.830.960.660.59-0.32-0.960.690.740.870.950.760.790.90.940.850.840.660.970.53-0.230.550.06
0.80.950.860.890.690.940.290.09-0.840.580.930.770.680.860.790.930.720.90.970.940.730.86-0.30.2-0.19
0.910.870.950.960.830.880.450.04-0.940.580.90.930.810.920.90.930.90.970.970.880.860.72-0.40.23-0.08
0.940.580.830.810.930.60.57-0.27-0.950.60.650.890.930.760.940.720.90.840.790.60.940.44-0.360.480.12
0.870.90.980.990.780.920.420.18-0.930.460.930.960.750.960.850.90.970.840.970.920.820.72-0.410.09-0.02
0.860.950.960.980.760.960.40.13-0.890.510.960.890.730.950.840.970.970.790.970.960.790.79-0.360.16-0.13
0.70.990.890.930.571.00.260.37-0.750.370.980.80.530.910.660.940.880.60.920.960.610.86-0.37-0.08-0.21
0.990.590.850.811.00.610.72-0.39-0.940.550.690.880.990.740.970.730.860.940.820.790.610.48-0.320.610.05
0.560.890.650.690.450.870.080.32-0.630.330.850.590.420.650.530.860.720.440.720.790.860.48-0.25-0.05-0.17
-0.32-0.3-0.4-0.39-0.29-0.37-0.22-0.140.280.0-0.27-0.41-0.29-0.4-0.23-0.3-0.4-0.36-0.41-0.36-0.37-0.32-0.250.030.21
0.54-0.070.160.110.64-0.080.54-0.96-0.40.490.020.170.680.010.550.20.230.480.090.16-0.080.61-0.050.03-0.07
0.02-0.19-0.02-0.070.07-0.210.130.0-0.09-0.02-0.160.110.06-0.040.06-0.19-0.080.12-0.02-0.13-0.210.05-0.170.21-0.07
Click cells to compare fundamentals

Aurinia Pharmaceuticals Account Relationship Matchups

Aurinia Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets463.7M543.4M470.9M548.1M550.6M578.2M
Other Current Liab27.8M33.8M37.4M51.8M66.5M69.8M
Total Current Liabilities32.0M40.6M46.1M77.2M97.8M102.7M
Total Stockholder Equity407.8M479.1M405.4M378.0M377.5M396.4M
Property Plant And Equipment Net10.3M9.8M8.6M116.6M98.9M103.8M
Current Deferred Revenue21.4M31.1M3.1M4.8M11.0M11.6M
Net Debt(263.9M)(223.2M)(86.1M)48.7M(4.1M)(4.3M)
Retained Earnings(575.2M)(756.1M)(864.3M)(942.3M)(936.6M)(889.7M)
Accounts Payable2.6M3.9M3.1M4.3M5.2M3.2M
Non Current Assets Total44.2M30.0M28.3M123.3M104.0M109.3M
Other Assets209K5.7M11.8M13.3M15.3M16.1M
Cash And Short Term Investments398.3M466.1M389.4M350.5M358.5M376.4M
Net Receivables1.0M15.4M13.5M24.1M36.5M38.4M
Common Stock Shares Outstanding118.5M129.4M141.9M143.2M146.2M153.5M
Liabilities And Stockholders Equity463.7M543.4M470.9M548.1M550.6M578.2M
Non Current Liabilities Total23.9M23.6M19.3M92.9M75.4M79.2M
Other Current Assets7.2M12.5M14.9M10.5M12.3M13.0M
Other Stockholder Equity39.4M59.0M85.5M120.8M127.0M133.3M
Total Liab55.9M64.3M65.4M170.1M173.2M181.8M
Property Plant And Equipment Gross10.3M9.8M8.6M118.5M101.4M106.5M
Total Current Assets419.4M513.3M442.5M424.8M446.6M468.9M
Short Term Debt1.6M2.1M1.9M42.5M15.1M15.8M
Intangible Assets9.3M8.4M6.4M5.0M4.4M6.9M
Cash272.4M231.9M94.2M48.9M83.4M67.3M
Non Currrent Assets Other247K11.8M13.3M1.5M823K781.9K
Other Liab14.4M16.3M16.0M12.2M14.0M7.3M
Net Tangible Assets289.7M398.4M470.7M399.0M458.9M481.8M
Common Stock Total Equity504.7M790.5M944.3M1.2B1.4B1.4B
Short Term Investments126.0M234.2M295.2M301.6M275.0M288.8M
Common Stock944.3M1.2B1.2B1.2B1.2B1.2B
Property Plant Equipment93K4.8M9.8M8.6M7.7M8.1M
Capital Surpluse24.7M23.7M39.4M59.0M67.9M71.3M
Non Current Liabilities Other1.6M16.0M12.2M10.9M11.1M9.2M
Net Invested Capital407.8M479.1M405.4M378.0M377.5M357.4M

Currently Active Assets on Macroaxis

When determining whether Aurinia Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurinia Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aurinia Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurinia Pharmaceuticals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 Aurinia Pharmaceuticals. If investors know Aurinia 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 Aurinia Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
30.667
Earnings Share
0.43
Revenue Per Share
1.861
Quarterly Revenue Growth
0.224
Return On Assets
0.0769
The market value of Aurinia Pharmaceuticals is measured differently than its book value, which is the value of Aurinia that is recorded on the company's balance sheet. Investors also form their own opinion of Aurinia Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' market value can be influenced by many factors that don't directly affect Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurinia Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurinia Pharmaceuticals' 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.