Gossamer Non Current Liabilities Total vs Total Assets Analysis

GOSS Stock  USD 0.82  0.03  3.53%   
Gossamer Bio financial indicator trend analysis is much more than just examining Gossamer Bio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gossamer Bio is a good investment. Please check the relationship between Gossamer Bio Non Current Liabilities Total and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossamer Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Gossamer Stock please use our How to Invest in Gossamer Bio guide.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gossamer Bio Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gossamer Bio's Non Current Liabilities Total and Total Assets is 0.7. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Gossamer Bio, assuming nothing else is changed. The correlation between historical values of Gossamer Bio's Non Current Liabilities Total 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 Non Current Liabilities Total of Gossamer Bio 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 Non Current Liabilities Total i.e., Gossamer Bio's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Gossamer Bio 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 Gossamer Bio 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 Gossamer Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gossamer Bio 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossamer Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Gossamer Stock please use our How to Invest in Gossamer Bio guide.Enterprise Value is likely to gain to about 613.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 36.5 M in 2024.

Gossamer Bio fundamental ratios Correlations

0.780.930.9-0.60.69-0.27-0.720.830.810.771.00.650.910.70.761.00.920.850.940.20.881.00.89-0.84-0.03
0.780.870.93-0.670.310.18-0.930.80.581.00.780.790.830.720.780.780.830.950.880.460.760.760.61-0.91-0.52
0.930.870.98-0.670.520.03-0.850.710.60.850.930.740.950.740.810.930.960.930.950.280.820.910.79-0.91-0.08
0.90.930.98-0.640.450.12-0.910.760.570.920.90.80.940.750.820.90.940.970.960.380.820.880.73-0.94-0.2
-0.6-0.67-0.67-0.64-0.440.210.46-0.36-0.63-0.67-0.6-0.16-0.51-0.48-0.52-0.6-0.52-0.64-0.510.3-0.58-0.57-0.690.520.16
0.690.310.520.45-0.44-0.53-0.210.460.720.310.690.10.38-0.010.060.690.390.50.57-0.260.830.690.9-0.470.41
-0.270.180.030.120.21-0.53-0.43-0.23-0.680.19-0.270.480.06-0.010.01-0.260.060.160.010.66-0.16-0.28-0.4-0.26-0.3
-0.72-0.93-0.85-0.910.46-0.21-0.43-0.7-0.35-0.93-0.72-0.94-0.86-0.67-0.73-0.72-0.86-0.92-0.87-0.68-0.71-0.71-0.510.960.45
0.830.80.710.76-0.360.46-0.23-0.70.780.80.840.680.750.680.720.840.760.770.860.450.750.830.6-0.74-0.43
0.810.580.60.57-0.630.72-0.68-0.350.780.570.810.220.560.50.530.810.570.560.65-0.150.740.810.82-0.5-0.14
0.771.00.850.92-0.670.310.19-0.930.80.570.770.780.810.710.760.770.810.950.870.460.760.740.6-0.91-0.54
1.00.780.930.9-0.60.69-0.27-0.720.840.810.770.650.910.70.761.00.920.850.940.20.881.00.89-0.84-0.03
0.650.790.740.8-0.160.10.48-0.940.680.220.780.650.840.660.710.660.840.780.810.840.580.650.36-0.88-0.41
0.910.830.950.94-0.510.380.06-0.860.750.560.810.910.840.840.890.911.00.850.930.430.720.910.68-0.88-0.16
0.70.720.740.75-0.48-0.01-0.01-0.670.680.50.710.70.660.840.990.70.850.610.680.340.350.690.36-0.58-0.4
0.760.780.810.82-0.520.060.01-0.730.720.530.760.760.710.890.990.760.890.690.750.360.440.740.43-0.66-0.38
1.00.780.930.9-0.60.69-0.26-0.720.840.810.771.00.660.910.70.760.920.850.950.20.881.00.88-0.84-0.04
0.920.830.960.94-0.520.390.06-0.860.760.570.810.920.841.00.850.890.920.860.930.430.730.910.69-0.88-0.16
0.850.950.930.97-0.640.50.16-0.920.770.560.950.850.780.850.610.690.850.860.950.410.880.820.72-0.96-0.27
0.940.880.950.96-0.510.570.01-0.870.860.650.870.940.810.930.680.750.950.930.950.430.890.930.77-0.94-0.15
0.20.460.280.380.3-0.260.66-0.680.45-0.150.460.20.840.430.340.360.20.430.410.430.20.21-0.11-0.55-0.55
0.880.760.820.82-0.580.83-0.16-0.710.750.740.760.880.580.720.350.440.880.730.880.890.20.880.92-0.87-0.03
1.00.760.910.88-0.570.69-0.28-0.710.830.810.741.00.650.910.690.741.00.910.820.930.210.880.89-0.83-0.03
0.890.610.790.73-0.690.9-0.4-0.510.60.820.60.890.360.680.360.430.880.690.720.77-0.110.920.89-0.710.19
-0.84-0.91-0.91-0.940.52-0.47-0.260.96-0.74-0.5-0.91-0.84-0.88-0.88-0.58-0.66-0.84-0.88-0.96-0.94-0.55-0.87-0.83-0.710.28
-0.03-0.52-0.08-0.20.160.41-0.30.45-0.43-0.14-0.54-0.03-0.41-0.16-0.4-0.38-0.04-0.16-0.27-0.15-0.55-0.03-0.030.190.28
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Gossamer Bio Account Relationship Matchups

Gossamer Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets426.6M539.4M343.7M272.5M311.9M293.4M
Other Current Liab33.6M27.5M33.7M33.2M31.2M24.6M
Total Current Liabilities36.9M38.7M39.9M49.2M51.6M32.7M
Total Stockholder Equity(334.2M)(577.5M)(811.5M)(1.0B)62.8M65.9M
Net Tangible Assets352.5M320.7M121.5M12.1M13.9M13.2M
Net Debt(95.5M)(302.3M)1.8M113.8M180.4M189.4M
Retained Earnings(334.2M)(577.5M)(811.5M)(1.0B)(1.2B)(1.2B)
Accounts Payable956K7.5M3.2M1.5M5.5M2.9M
Cash135.1M486.1M183.4M112.0M32.1M30.5M
Non Current Assets Total17.3M17.1M11.9M10.6M5.4M9.6M
Non Currrent Assets Other1.6M1.0M1.1M680K618.0K923.7K
Cash And Short Term Investments401.8M512.6M325.2M255.7M296.4M277.9M
Common Stock Shares Outstanding54.7M68.5M74.8M84.6M152.6M160.3M
Short Term Investments266.7M26.6M141.8M143.7M264.3M132.9M
Liabilities And Stockholders Equity(260.1M)(358.8M)(589.3M)(771.9M)311.9M327.5M
Non Current Liabilities Total37.2M180.1M182.3M211.1M197.5M158.6M
Total Liab74.1M218.7M222.2M260.4M249.1M191.3M
Total Current Assets409.3M522.3M331.8M261.9M306.5M283.8M
Capital Surpluse686.4M897.6M932.9M1.0B1.2B659.2M
Other Current Assets7.5M9.1M6.5M6.2M10.1M6.7M
Other Stockholder Equity(426.9M)(607K)(53K)564K1.3B1.3B
Net Invested Capital380.9M493.1M300.6M231.4M271.8M244.7M
Net Working Capital372.4M483.7M291.9M212.7M254.9M287.0M
Property Plant And Equipment Net15.7M16.1M10.8M9.9M4.8M8.1M
Other Assets1.6M1.0M1.1M680K1.00.95
Property Plant And Equipment Gross15.7M16.1M15.1M16.0M10.2M14.0M
Accumulated Other Comprehensive Income258K599K45K(574K)(350K)(332.5K)
Property Plant Equipment15.7M5.5M5.3M4.0M3.6M5.4M

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Additional Tools for Gossamer Stock Analysis

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