Black Net Tangible Assets vs Deferred Long Term Liab Analysis

BDTX Stock  USD 2.40  0.12  5.26%   
Black Diamond financial indicator trend analysis is way more than just evaluating Black Diamond Therap prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Diamond Therap is a good investment. Please check the relationship between Black Diamond Net Tangible Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Net Tangible Assets vs Deferred Long Term Liab

Net Tangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Therap Net Tangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Black Diamond's Net Tangible Assets and Deferred Long Term Liab is -0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Black Diamond Therapeutics, assuming nothing else is changed. The correlation between historical values of Black Diamond's Net Tangible Assets and Deferred Long Term Liab 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 Black Diamond Therapeutics are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Tangible Assets i.e., Black Diamond's Net Tangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Black Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Diamond Therap 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 Black Diamond Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Selling General Administrative is likely to drop to about 19.9 M in 2025. Issuance Of Capital Stock is likely to drop to about 23.3 M in 2025
 2022 2023 2024 2025 (projected)
Total Operating Expenses92.8M86.5M78.8M68.3M
Cost Of Revenue3.2M437K343K325.9K

Black Diamond fundamental ratios Correlations

0.230.770.8-0.39-0.10.880.68-0.54-0.580.840.550.720.590.41.00.80.780.190.790.920.530.490.890.651.0
0.23-0.07-0.03-0.050.16-0.25-0.080.60.010.20.92-0.020.470.810.26-0.130.310.99-0.10.12-0.230.37-0.24-0.080.25
0.77-0.071.0-0.22-0.180.820.94-0.79-0.860.950.30.950.620.180.710.950.87-0.120.930.870.880.520.780.940.71
0.8-0.031.0-0.24-0.190.820.95-0.77-0.880.940.340.950.610.220.740.960.9-0.070.940.890.880.490.790.920.74
-0.39-0.05-0.22-0.240.04-0.34-0.390.13-0.04-0.22-0.14-0.42-0.43-0.54-0.37-0.28-0.1-0.08-0.17-0.58-0.04-0.48-0.38-0.02-0.37
-0.10.16-0.18-0.190.04-0.18-0.180.150.17-0.160.13-0.18-0.14-0.11-0.08-0.19-0.120.2-0.2-0.2-0.20.0-0.18-0.16-0.08
0.88-0.250.820.82-0.34-0.180.71-0.81-0.60.770.110.710.340.00.860.880.67-0.280.840.840.640.290.990.690.86
0.68-0.080.940.95-0.39-0.180.71-0.74-0.850.840.270.990.60.260.610.910.81-0.120.90.870.90.490.690.840.61
-0.540.6-0.79-0.770.130.15-0.81-0.740.6-0.580.24-0.71-0.220.34-0.49-0.77-0.450.63-0.75-0.61-0.75-0.23-0.81-0.79-0.5
-0.580.01-0.86-0.88-0.040.17-0.6-0.850.6-0.81-0.27-0.83-0.38-0.08-0.52-0.85-0.880.09-0.93-0.69-0.96-0.17-0.55-0.76-0.52
0.840.20.950.94-0.22-0.160.770.84-0.58-0.810.530.870.710.380.790.890.930.150.870.870.760.590.720.870.8
0.550.920.30.34-0.140.130.110.270.24-0.270.530.330.680.830.560.230.60.90.240.450.080.580.110.290.55
0.72-0.020.950.95-0.42-0.180.710.99-0.71-0.830.870.330.690.340.650.90.81-0.060.880.90.870.580.70.860.65
0.590.470.620.61-0.43-0.140.340.6-0.22-0.380.710.680.690.740.550.420.550.450.430.70.380.950.340.640.55
0.40.810.180.22-0.54-0.110.00.260.34-0.080.380.830.340.740.390.130.390.810.090.47-0.040.650.020.10.39
1.00.260.710.74-0.37-0.080.860.61-0.49-0.520.790.560.650.550.390.750.740.220.740.880.460.470.870.591.0
0.8-0.130.950.96-0.28-0.190.880.91-0.77-0.850.890.230.90.420.130.750.88-0.170.950.870.860.310.840.820.75
0.780.310.870.9-0.1-0.120.670.81-0.45-0.880.930.60.810.550.390.740.880.260.880.80.770.370.610.760.75
0.190.99-0.12-0.07-0.080.2-0.28-0.120.630.090.150.9-0.060.450.810.22-0.170.26-0.170.08-0.30.38-0.27-0.120.22
0.79-0.10.930.94-0.17-0.20.840.9-0.75-0.930.870.240.880.430.090.740.950.88-0.170.860.930.260.810.80.74
0.920.120.870.89-0.58-0.20.840.87-0.61-0.690.870.450.90.70.470.880.870.80.080.860.690.590.840.710.88
0.53-0.230.880.88-0.04-0.20.640.9-0.75-0.960.760.080.870.38-0.040.460.860.77-0.30.930.690.20.60.80.46
0.490.370.520.49-0.480.00.290.49-0.23-0.170.590.580.580.950.650.470.310.370.380.260.590.20.30.580.46
0.89-0.240.780.79-0.38-0.180.990.69-0.81-0.550.720.110.70.340.020.870.840.61-0.270.810.840.60.30.660.87
0.65-0.080.940.92-0.02-0.160.690.84-0.79-0.760.870.290.860.640.10.590.820.76-0.120.80.710.80.580.660.59
1.00.250.710.74-0.37-0.080.860.61-0.5-0.520.80.550.650.550.391.00.750.750.220.740.880.460.460.870.59
Click cells to compare fundamentals

Black Diamond Account Relationship Matchups

Black Diamond fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets329.7M247.7M156.3M158.6M122.6M169.5M
Short Long Term Debt Total8.7M28.5M28.1M25.3M22.2M38.7M
Other Current Liab10.6M19.2M10.5M14.2M16.6M10.8M
Total Current Liabilities14.2M23.6M15.3M19.6M20.6M14.2M
Total Stockholder Equity(118.2M)(243.8M)(335.0M)116.7M83.3M87.4M
Net Tangible Assets(47.2M)307.8M195.9M115.7M133.0M100.8M
Property Plant And Equipment Net8.8M30.7M27.4M23.7M20.4M15.3M
Net Debt(25.9M)(37.3M)(6.2M)(30.9M)(14.3M)(13.5M)
Retained Earnings(118.2M)(243.8M)(335.0M)(417.4M)(487.1M)(462.8M)
Accounts Payable2.5M4.1M1.9M2.3M4.0M2.4M
Cash34.6M65.8M34.3M56.2M36.4M44.2M
Non Current Assets Total10.1M37.9M28.5M24.5M21.5M17.4M
Non Currrent Assets Other106K5.9M1.2M823K1.1M1.7M
Other Assets0.01.2M1.2M1.01.151.09
Cash And Short Term Investments315.1M209.8M122.8M131.4M98.6M150.1M
Common Stock Shares Outstanding32.9M36.2M36.3M44.0M55.0M36.0M
Liabilities And Stockholders Equity(96.3M)247.7M(294.4M)158.6M122.6M128.8M
Non Current Liabilities Total7.7M28.1M25.3M22.2M18.8M17.8M
Capital Surpluse3.8M425.4M440.1M452.5M520.4M546.4M
Other Current Assets4.5M5.9M4.9M2.6M2.6M3.1M
Other Stockholder Equity95.7M440.1M452.5M534.2M570.4M598.9M
Total Liab21.9M491.5M40.6M41.8M39.4M37.4M
Net Invested Capital307.8M195.9M115.7M116.7M83.3M103.1M
Property Plant And Equipment Gross8.8M31.1M2.6M24.5M21.5M12.2M
Total Current Assets319.6M209.8M127.7M134.0M101.2M152.1M
Accumulated Other Comprehensive Income614K(414K)(1.8M)(27K)24K25.2K
Net Working Capital305.3M192.1M112.4M114.4M80.6M138.9M
Property Plant Equipment164K8.8M30.7M2.6M3.0M2.8M

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