Kura Cash And Short Term Investments vs Non Currrent Assets Other Analysis

KURA Stock  USD 17.75  0.82  4.42%   
Kura Oncology financial indicator trend analysis is infinitely more than just investigating Kura Oncology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kura Oncology is a good investment. Please check the relationship between Kura Oncology Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Kura Stock refer to our How to Trade Kura Stock guide.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kura Oncology Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kura Oncology's Cash And Short Term Investments and Non Currrent Assets Other is 0.69. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Kura Oncology, assuming nothing else is changed. The correlation between historical values of Kura Oncology's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Kura Oncology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Kura Oncology's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Kura Oncology balance sheet. This account contains Kura Oncology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kura Oncology 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Kura Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kura Oncology 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Kura Stock refer to our How to Trade Kura Stock guide.At present, Kura Oncology's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 155.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (6.57).

Kura Oncology fundamental ratios Correlations

-0.27-0.69-0.850.731.00.41.0-0.040.840.910.950.930.770.880.20.870.640.950.871.0-0.90.950.880.7-0.61
-0.270.39-0.05-0.37-0.290.73-0.280.00.110.06-0.21-0.110.170.090.00.14-0.27-0.1-0.22-0.190.16-0.080.110.340.06
-0.690.390.25-1.0-0.70.1-0.70.01-0.43-0.42-0.83-0.39-0.28-0.38-0.34-0.33-0.37-0.46-0.33-0.660.34-0.46-0.38-0.060.25
-0.85-0.050.25-0.32-0.84-0.72-0.850.01-0.88-0.96-0.74-0.96-0.9-0.96-0.01-0.98-0.47-0.94-0.94-0.880.98-0.97-0.97-0.950.56
0.73-0.37-1.0-0.320.74-0.040.74-0.010.490.480.870.440.350.440.340.390.40.520.390.7-0.390.520.440.13-0.3
1.0-0.29-0.7-0.840.740.381.0-0.040.840.910.950.920.760.870.20.860.650.950.860.99-0.890.940.870.69-0.61
0.40.730.1-0.72-0.040.380.39-0.010.680.70.360.590.730.720.00.770.140.580.50.48-0.560.620.740.89-0.34
1.0-0.28-0.7-0.850.741.00.39-0.040.840.910.950.920.770.880.20.860.650.950.870.99-0.90.950.880.69-0.61
-0.040.00.010.01-0.01-0.04-0.01-0.04-0.010.0-0.02-0.09-0.010.00.02-0.03-0.09-0.07-0.03-0.030.03-0.030.0-0.010.22
0.840.11-0.43-0.880.490.840.680.84-0.010.940.820.880.940.960.340.930.590.920.860.86-0.850.90.860.83-0.78
0.910.06-0.42-0.960.480.910.70.910.00.940.850.970.930.990.10.990.620.980.90.94-0.940.980.950.91-0.66
0.95-0.21-0.83-0.740.870.950.360.95-0.020.820.850.820.740.830.260.790.550.860.750.95-0.770.860.80.59-0.53
0.93-0.11-0.39-0.960.440.920.590.92-0.090.880.970.820.890.960.060.960.650.990.940.94-0.980.980.930.88-0.67
0.770.17-0.28-0.90.350.760.730.77-0.010.940.930.740.890.970.120.940.550.890.850.8-0.860.870.850.89-0.67
0.880.09-0.38-0.960.440.870.720.880.00.960.990.830.960.970.110.990.60.970.90.91-0.930.960.940.92-0.67
0.20.0-0.34-0.010.340.20.00.20.020.340.10.260.060.120.110.060.170.120.070.18-0.040.10.08-0.02-0.57
0.870.14-0.33-0.980.390.860.770.86-0.030.930.990.790.960.940.990.060.550.960.90.9-0.940.970.970.95-0.62
0.64-0.27-0.37-0.470.40.650.140.65-0.090.590.620.550.650.550.60.170.550.690.50.62-0.530.560.420.42-0.78
0.95-0.1-0.46-0.940.520.950.580.95-0.070.920.980.860.990.890.970.120.960.690.920.96-0.960.980.920.86-0.71
0.87-0.22-0.33-0.940.390.860.50.87-0.030.860.90.750.940.850.90.070.90.50.920.88-0.980.940.870.8-0.61
1.0-0.19-0.66-0.880.70.990.480.99-0.030.860.940.950.940.80.910.180.90.620.960.88-0.910.970.920.76-0.6
-0.90.160.340.98-0.39-0.89-0.56-0.90.03-0.85-0.94-0.77-0.98-0.86-0.93-0.04-0.94-0.53-0.96-0.98-0.91-0.98-0.93-0.860.6
0.95-0.08-0.46-0.970.520.940.620.95-0.030.90.980.860.980.870.960.10.970.560.980.940.97-0.980.970.88-0.6
0.880.11-0.38-0.970.440.870.740.880.00.860.950.80.930.850.940.080.970.420.920.870.92-0.930.970.92-0.5
0.70.34-0.06-0.950.130.690.890.69-0.010.830.910.590.880.890.92-0.020.950.420.860.80.76-0.860.880.92-0.53
-0.610.060.250.56-0.3-0.61-0.34-0.610.22-0.78-0.66-0.53-0.67-0.67-0.67-0.57-0.62-0.78-0.71-0.61-0.60.6-0.6-0.5-0.53
Click cells to compare fundamentals

Kura Oncology Account Relationship Matchups

Kura Oncology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets242.0M647.2M534.1M456.3M448.9M471.4M
Total Stockholder Equity(212.9M)(302.5M)(433.0M)(568.8M)397.3M417.1M
Net Debt(18.6M)(310.5M)(83.8M)(37.8M)(20.1M)(21.1M)
Retained Earnings(212.9M)(302.5M)(433.0M)(568.8M)(721.4M)(685.4M)
Cash26.1M325.5M90.7M51.8M37.3M40.2M
Cash And Short Term Investments236.9M633.3M518.0M438.0M424.0M445.2M
Liabilities And Stockholders Equity(189.7M)(266.2M)(405.5M)(532.8M)448.9M471.4M
Other Stockholder Equity(336K)(53K)1.8M8.0M1.1B1.2B
Total Current Assets239.6M637.3M522.3M446.4M432.5M454.1M
Common Stock3K4K5K7K8.1K6.7K
Total Current Liabilities15.6M26.0M22.5M24.1M35.3M37.0M
Other Assets2.1M7.9M3.5M3.5M4.0M4.2M
Common Stock Shares Outstanding41.9M53.1M66.4M67.0M73.2M76.9M
Non Current Liabilities Total7.6M10.3M5.0M12.0M16.4M17.2M
Total Liab23.2M36.3M27.4M36.0M51.7M54.2M
Other Current Liab11.8M18.2M17.0M20.2M31.5M33.0M
Accounts Payable3.5M2.8M3.2M1.5M2.3M1.9M
Common Stock Total Equity3K4K5K7K8.1K8.5K
Other Current Assets2.7M4.0M4.3M8.4M5.7M6.0M
Net Tangible Assets218.8M610.9M506.6M420.3M483.3M507.5M
Retained Earnings Total Equity(212.9M)(302.5M)(433.0M)(568.8M)(511.9M)(486.3M)
Capital Surpluse431.3M913.4M941.4M997.1M1.1B1.2B
Non Current Assets Total2.4M9.9M11.8M9.9M16.5M17.3M
Non Currrent Assets Other2.3M1.4M3.3M3.3M7.4M7.8M
Other Liab377K395K375K265K238.5K324.6K
Long Term Debt7.5M7.3M4.3M9.2M9.3M7.1M
Short Term Investments210.8M307.8M427.3M386.2M386.6M237.8M
Accumulated Other Comprehensive Income331K46K(1.8M)(8.0M)(1.3M)(1.3M)
Non Current Liabilities Other377K6.0M5.0M265K705K669.8K
Long Term Debt Total7.5M7.3M4.3M9.2M10.5M7.5M
Net Invested Capital226.3M618.2M506.6M429.4M406.6M383.8M
Net Working Capital224.0M611.3M499.8M422.4M397.2M378.2M

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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.
When determining whether Kura Oncology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kura Oncology's 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 Kura Oncology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kura Oncology Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kura Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Kura Stock refer to our How to Trade Kura Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Kura Oncology. If investors know Kura 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 Kura Oncology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.35)
Return On Assets
(0.29)
Return On Equity
(0.46)
The market value of Kura Oncology is measured differently than its book value, which is the value of Kura that is recorded on the company's balance sheet. Investors also form their own opinion of Kura Oncology's value that differs from its market value or its book value, called intrinsic value, which is Kura Oncology's 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 Kura Oncology's market value can be influenced by many factors that don't directly affect Kura Oncology's 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 Kura Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kura Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kura Oncology's 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.