Cyclerion Capital Lease Obligations vs Cash And Short Term Investments Analysis
| CYCN Stock | USD 2.75 0.18 6.14% |
Cyclerion Therapeutics financial indicator trend analysis is way more than just evaluating Cyclerion Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cyclerion Therapeutics is a good investment. Please check the relationship between Cyclerion Therapeutics Capital Lease Obligations and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyclerion 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 main economic indicators. To learn how to invest in Cyclerion Stock, please use our How to Invest in Cyclerion Therapeutics guide.
Capital Lease Obligations vs Cash And Short Term Investments
Capital Lease Obligations vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cyclerion Therapeutics Capital Lease Obligations account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cyclerion Therapeutics' Capital Lease Obligations and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Cyclerion Therapeutics, assuming nothing else is changed. The correlation between historical values of Cyclerion Therapeutics' Capital Lease Obligations and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Cyclerion Therapeutics are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Lease Obligations i.e., Cyclerion Therapeutics' Capital Lease Obligations and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Lease Obligations
Cyclerion Therapeutics capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cyclerion Therapeutics asset purchases. For example, Cyclerion Therapeutics can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cyclerion Therapeutics control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cyclerion Therapeutics balance sheet. This account contains Cyclerion Therapeutics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cyclerion Therapeutics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Cyclerion Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cyclerion 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyclerion 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 main economic indicators. To learn how to invest in Cyclerion Stock, please use our How to Invest in Cyclerion Therapeutics guide.At this time, Cyclerion Therapeutics' Selling General Administrative is very stable compared to the past year. As of the 23rd of September 2024, Sales General And Administrative To Revenue is likely to grow to 46.15, while Issuance Of Capital Stock is likely to drop about 4.3 M.
Cyclerion Therapeutics fundamental ratios Correlations
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Cyclerion Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cyclerion Therapeutics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 186.5M | 115.4M | 59.3M | 18.1M | 13.4M | 12.7M | |
| Other Current Liab | 404K | 176K | 9.3M | 4.7M | 888K | 843.6K | |
| Total Current Liabilities | 18.2M | 17.0M | 11.1M | 7.6M | 2.1M | 2.0M | |
| Total Stockholder Equity | 97.7M | 59.5M | 48.2M | 10.5M | 11.3M | 10.7M | |
| Net Tangible Assets | 97.7M | 98.4M | 48.2M | 10.5M | 12.0M | 11.4M | |
| Retained Earnings | (85.6M) | (163.4M) | (215.1M) | (259.2M) | (264.4M) | (251.2M) | |
| Accounts Payable | 3.3M | 1.4M | 1.8M | 3.0M | 1.2M | 1.7M | |
| Cash | 94.9M | 54.4M | 54.0M | 13.4M | 7.6M | 7.2M | |
| Other Assets | 5.5M | 50.0M | 2.4M | 2.0M | 2.3M | 2.2M | |
| Inventory | 2.0M | 816K | 928K | 805K | 925.8K | 709.5K | |
| Other Current Assets | 2.9M | 3.2M | 468K | 537K | 11K | 10.5K | |
| Other Stockholder Equity | 183.4M | 222.9M | 263.3M | 269.6M | 275.7M | 168.8M | |
| Total Liab | 88.7M | 55.9M | 11.1M | 7.6M | 2.1M | 2.0M | |
| Total Current Assets | 101.2M | 58.5M | 55.5M | 14.8M | 8.0M | 7.6M | |
| Accumulated Other Comprehensive Income | (15.5M) | (20K) | (27K) | (23K) | (12K) | (12.6K) | |
| Property Plant Equipment | 79.8M | 6.9M | 1.5M | 1.2M | 1.1M | 1.0M | |
| Property Plant And Equipment Net | 6.5M | 79.8M | 50.3M | 1.5M | 1.2M | 0.0 | |
| Non Current Assets Total | 85.3M | 56.9M | 3.9M | 3.3M | 5.4M | 5.1M | |
| Non Currrent Assets Other | 540K | 2.8M | 2.4M | 2.0M | 5.4M | 5.6M | |
| Common Stock Shares Outstanding | 1.4M | 1.5M | 2.0M | 2.2M | 2.3M | 1.9M | |
| Liabilities And Stockholders Equity | 186.5M | 115.4M | 59.3M | 18.1M | 13.4M | 12.7M | |
| Net Invested Capital | 97.7M | 63.0M | 48.2M | 10.5M | 11.3M | 10.7M | |
| Property Plant And Equipment Gross | 79.8M | 6.9M | 3.7M | 3.4M | 126K | 119.7K | |
| Net Working Capital | 82.9M | 41.5M | 44.4M | 7.2M | 5.9M | 5.6M |
Pair Trading with Cyclerion Therapeutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cyclerion Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cyclerion Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Cyclerion Stock
| 0.52 | MBIO | Mustang Bio | PairCorr |
| 0.45 | RANI | Rani Therapeutics | PairCorr |
| 0.41 | REVBW | Revelation Biosciences | PairCorr |
| 0.36 | DYAI | Dyadic International | PairCorr |
The ability to find closely correlated positions to Cyclerion Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cyclerion Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cyclerion Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cyclerion Therapeutics to buy it.
The correlation of Cyclerion Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cyclerion Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyclerion Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cyclerion Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Cyclerion Stock
When determining whether Cyclerion Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cyclerion Therapeutics' 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 Cyclerion Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cyclerion Therapeutics Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cyclerion 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 main economic indicators. To learn how to invest in Cyclerion Stock, please use our How to Invest in Cyclerion Therapeutics guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Cyclerion Therapeutics. If investors know Cyclerion 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 Cyclerion Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.29) | Revenue Per Share 0.586 | Quarterly Revenue Growth 0.141 | Return On Assets (0.47) | Return On Equity (1.50) |
The market value of Cyclerion Therapeutics is measured differently than its book value, which is the value of Cyclerion that is recorded on the company's balance sheet. Investors also form their own opinion of Cyclerion Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Cyclerion Therapeutics' 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 Cyclerion Therapeutics' market value can be influenced by many factors that don't directly affect Cyclerion Therapeutics' 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 Cyclerion Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cyclerion Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyclerion Therapeutics' 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.