Crinetics Total Current Liabilities vs Total Assets Analysis

CRNX Stock  USD 60.01  0.68  1.12%   
Crinetics Pharmaceuticals financial indicator trend analysis is way more than just evaluating Crinetics Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crinetics Pharmaceuticals is a good investment. Please check the relationship between Crinetics Pharmaceuticals Total Current Liabilities and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crinetics 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 board of governors.
For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crinetics Pharmaceuticals Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Crinetics Pharmaceuticals' Total Current Liabilities and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Crinetics Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Crinetics Pharmaceuticals' Total Current Liabilities and Total Assets 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 Current Liabilities of Crinetics Pharmaceuticals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Crinetics Pharmaceuticals' Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Crinetics Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Crinetics Pharmaceuticals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals 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.
Most indicators from Crinetics Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crinetics 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 Crinetics 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 board of governors.
For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.Selling General Administrative is likely to rise to about 61 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 188.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income157K4.3M13.4M14.1M
Net Interest Income157K4.3M13.4M14.1M

Crinetics Pharmaceuticals fundamental ratios Correlations

0.870.970.990.50.880.950.9-0.17-0.980.770.520.910.910.17-0.811.00.950.880.84-0.810.560.830.880.66-0.92
0.870.920.890.850.810.691.00.2-0.850.430.21.00.98-0.16-0.940.850.980.640.59-0.940.850.580.70.43-0.63
0.970.920.990.60.950.880.940.06-0.980.630.310.940.920.09-0.860.960.970.80.8-0.860.680.730.860.65-0.85
0.990.890.990.530.920.920.91-0.03-0.990.720.390.920.890.16-0.830.980.960.860.85-0.830.620.790.880.7-0.9
0.50.850.60.530.50.240.830.48-0.47-0.06-0.140.810.81-0.53-0.830.470.730.190.14-0.830.910.140.340.0-0.14
0.880.810.950.920.50.80.820.21-0.890.50.110.830.80.11-0.760.870.870.660.73-0.760.60.680.780.64-0.79
0.950.690.880.920.240.80.73-0.39-0.930.890.670.740.760.36-0.630.970.820.930.88-0.630.290.920.850.72-0.98
0.91.00.940.910.830.820.730.17-0.880.470.221.00.98-0.13-0.940.880.990.680.63-0.940.830.610.730.48-0.67
-0.170.20.06-0.030.480.21-0.390.170.09-0.6-0.920.160.05-0.42-0.23-0.20.07-0.4-0.27-0.230.51-0.41-0.2-0.10.37
-0.98-0.85-0.98-0.99-0.47-0.89-0.93-0.880.09-0.76-0.43-0.89-0.86-0.20.78-0.98-0.93-0.89-0.90.78-0.59-0.77-0.9-0.720.93
0.770.430.630.72-0.060.50.890.47-0.6-0.760.770.490.480.55-0.320.790.580.940.88-0.320.00.880.680.78-0.91
0.520.20.310.39-0.140.110.670.22-0.92-0.430.770.240.340.35-0.160.540.320.660.5-0.16-0.170.640.480.27-0.62
0.911.00.940.920.810.830.741.00.16-0.890.490.240.98-0.11-0.940.890.990.70.65-0.940.820.620.740.49-0.68
0.910.980.920.890.810.80.760.980.05-0.860.480.340.98-0.19-0.920.890.970.650.6-0.920.780.630.750.37-0.67
0.17-0.160.090.16-0.530.110.36-0.13-0.42-0.20.550.35-0.11-0.190.20.19-0.010.510.420.2-0.470.50.010.72-0.43
-0.81-0.94-0.86-0.83-0.83-0.76-0.63-0.94-0.230.78-0.32-0.16-0.94-0.920.2-0.79-0.92-0.58-0.441.0-0.84-0.49-0.67-0.320.56
1.00.850.960.980.470.870.970.88-0.2-0.980.790.540.890.890.19-0.790.940.890.85-0.790.530.850.880.67-0.93
0.950.980.970.960.730.870.820.990.07-0.930.580.320.990.97-0.01-0.920.940.770.72-0.920.750.710.780.57-0.77
0.880.640.80.860.190.660.930.68-0.4-0.890.940.660.70.650.51-0.580.890.770.9-0.580.260.870.750.83-0.94
0.840.590.80.850.140.730.880.63-0.27-0.90.880.50.650.60.42-0.440.850.720.9-0.440.290.760.820.82-0.94
-0.81-0.94-0.86-0.83-0.83-0.76-0.63-0.94-0.230.78-0.32-0.16-0.94-0.920.21.0-0.79-0.92-0.58-0.44-0.84-0.49-0.67-0.320.56
0.560.850.680.620.910.60.290.830.51-0.590.0-0.170.820.78-0.47-0.840.530.750.260.29-0.840.080.540.08-0.27
0.830.580.730.790.140.680.920.61-0.41-0.770.880.640.620.630.5-0.490.850.710.870.76-0.490.080.570.79-0.86
0.880.70.860.880.340.780.850.73-0.2-0.90.680.480.740.750.01-0.670.880.780.750.82-0.670.540.570.46-0.88
0.660.430.650.70.00.640.720.48-0.1-0.720.780.270.490.370.72-0.320.670.570.830.82-0.320.080.790.46-0.78
-0.92-0.63-0.85-0.9-0.14-0.79-0.98-0.670.370.93-0.91-0.62-0.68-0.67-0.430.56-0.93-0.77-0.94-0.940.56-0.27-0.86-0.88-0.78
Click cells to compare fundamentals

Crinetics Pharmaceuticals Account Relationship Matchups

Crinetics Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets130.4M183.4M351.0M352.2M635.4M667.1M
Other Current Liab2.8M4.9M7.5M17.5M31.2M32.7M
Total Current Liabilities8.3M10.5M16.0M27.7M43.9M46.1M
Total Stockholder Equity(93.8M)(167.6M)(275.3M)(439.2M)539.1M566.1M
Net Tangible Assets117.1M168.9M331.9M316.3M363.8M382.0M
Property Plant And Equipment Net6.5M5.4M4.7M5.0M57.4M60.3M
Net Debt(35.5M)(89.1M)(197.6M)(30.6M)(3.2M)(3.3M)
Retained Earnings(93.8M)(167.6M)(275.3M)(439.2M)(653.7M)(621.0M)
Accounts Payable5.5M5.6M8.5M6.9M6.5M4.8M
Cash40.3M93.1M200.7M32.7M54.9M67.8M
Non Current Assets Total7.0M6.0M6.3M7.0M61.2M64.3M
Non Currrent Assets Other82K40K568K37K2.0M2.1M
Other Assets582K2.8M568K2.0M1.00.95
Cash And Short Term Investments118.4M170.9M333.7M334.4M558.6M586.5M
Net Receivables1.4M1.8M2.0M2.4M9.4M9.8M
Common Stock Shares Outstanding24.2M30.4M38.4M52.0M58.1M33.4M
Liabilities And Stockholders Equity(80.6M)(153.1M)(256.2M)(403.3M)635.4M667.1M
Non Current Liabilities Total4.9M4.0M3.1M8.1M52.3M54.9M
Other Current Assets4.9M6.6M912K8.3M6.2M3.9M
Other Stockholder Equity(210.9M)(336.5M)(607.2M)(755.5M)(680.0M)(646.0M)
Total Liab13.2M14.5M19.1M35.8M96.2M101.1M
Property Plant And Equipment Gross6.5M3.2M8.2M9.1M62.5M65.6M
Total Current Assets123.3M177.5M344.7M345.2M574.2M602.9M
Accumulated Other Comprehensive Income148K25K(382K)(3.9M)977K1.0M
Non Current Liabilities Other202K4.8M4.0M2K2.3K2.2K
Common Stock210.8M336.5M607.6M759.4M1.2B1.3B
Property Plant Equipment6.5M5.4M4.7M5.0M5.7M4.2M
Net Invested Capital117.1M168.9M331.9M316.3M539.1M566.1M
Net Working Capital115.0M167.0M328.7M317.5M530.2M556.7M
Short Term Investments78.1M77.8M133.0M301.8M503.7M528.8M
Capital Stock210.8M336.5M607.6M759.4M1.2B1.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Crinetics Stock Analysis

When running Crinetics Pharmaceuticals' price analysis, check to measure Crinetics Pharmaceuticals' 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 Crinetics Pharmaceuticals is operating at the current time. Most of Crinetics Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Crinetics Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crinetics Pharmaceuticals' price. Additionally, you may evaluate how the addition of Crinetics Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.