LENZ Net Working Capital vs Accounts Payable Analysis

LENZ Stock   27.99  1.67  6.34%   
LENZ Therapeutics financial indicator trend analysis is infinitely more than just investigating LENZ Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LENZ Therapeutics is a good investment. Please check the relationship between LENZ Therapeutics Net Working Capital and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENZ 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 board of governors.
For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.

Net Working Capital vs Accounts Payable

Net Working Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENZ Therapeutics Net Working Capital account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between LENZ Therapeutics' Net Working Capital and Accounts Payable is 0.16. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of LENZ Therapeutics, assuming nothing else is changed. The correlation between historical values of LENZ Therapeutics' Net Working Capital and Accounts Payable 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 Working Capital of LENZ Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Working Capital i.e., LENZ Therapeutics' Net Working Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Working Capital

Accounts Payable

An accounting item on the balance sheet that represents LENZ Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of LENZ Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from LENZ Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENZ 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENZ 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 board of governors.
For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.At this time, LENZ Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 1.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
 2023 2024 (projected)
Interest Expense36K48K
Depreciation And Amortization2.4M2.6M

LENZ Therapeutics fundamental ratios Correlations

0.430.290.321.0-0.85-0.740.851.00.930.441.00.230.780.740.720.97-0.350.840.910.94-0.640.60.350.59-0.35
0.430.590.750.4-0.180.080.240.40.580.810.410.970.730.80.680.250.510.690.470.180.09-0.09-0.53-0.130.51
0.290.590.970.24-0.29-0.310.280.290.240.860.290.440.170.160.150.25-0.130.210.220.23-0.150.110.090.11-0.13
0.320.750.970.26-0.22-0.230.230.310.310.940.310.610.330.330.320.230.060.310.290.22-0.120.11-0.060.10.06
1.00.40.240.26-0.86-0.730.861.00.920.391.00.20.770.740.710.97-0.350.840.890.94-0.620.60.360.59-0.35
-0.85-0.18-0.29-0.22-0.860.66-0.99-0.88-0.7-0.18-0.880.01-0.38-0.42-0.27-0.920.47-0.72-0.57-0.810.38-0.36-0.48-0.380.47
-0.740.08-0.31-0.23-0.730.66-0.62-0.75-0.52-0.32-0.750.33-0.32-0.17-0.35-0.810.8-0.26-0.67-0.910.92-0.89-0.84-0.90.8
0.850.240.280.230.86-0.99-0.620.880.70.20.880.060.430.480.310.92-0.370.770.560.8-0.330.340.430.36-0.37
1.00.40.290.311.0-0.88-0.750.880.910.421.00.20.740.710.680.98-0.360.840.880.95-0.620.590.380.58-0.36
0.930.580.240.310.92-0.7-0.520.70.910.470.910.440.890.870.830.82-0.170.890.940.78-0.490.390.030.36-0.17
0.440.810.860.940.39-0.18-0.320.20.420.470.420.670.570.520.580.310.080.390.510.35-0.310.3-0.080.270.08
1.00.410.290.311.0-0.88-0.750.881.00.910.420.210.750.720.690.98-0.360.840.880.95-0.620.590.380.59-0.36
0.230.970.440.610.20.010.330.060.20.440.670.210.640.740.60.030.70.60.3-0.050.3-0.29-0.72-0.330.7
0.780.730.170.330.77-0.38-0.320.430.740.890.570.750.640.970.990.620.190.830.880.62-0.410.4-0.190.360.19
0.740.80.160.330.74-0.42-0.170.480.710.870.520.720.740.970.920.580.320.910.790.53-0.210.2-0.330.160.32
0.720.680.150.320.71-0.27-0.350.310.680.830.580.690.60.990.920.550.160.720.880.6-0.490.47-0.160.430.16
0.970.250.250.230.97-0.92-0.810.920.980.820.310.980.030.620.580.55-0.480.750.80.97-0.650.640.530.64-0.48
-0.350.51-0.130.06-0.350.470.8-0.37-0.36-0.170.08-0.360.70.190.320.16-0.480.15-0.3-0.550.7-0.56-0.85-0.61.0
0.840.690.210.310.84-0.72-0.260.770.840.890.390.840.60.830.910.720.750.150.720.62-0.140.13-0.150.110.15
0.910.470.220.290.89-0.57-0.670.560.880.940.510.880.30.880.790.880.8-0.30.720.84-0.730.630.190.6-0.3
0.940.180.230.220.94-0.81-0.910.80.950.780.350.95-0.050.620.530.60.97-0.550.620.84-0.810.810.630.81-0.55
-0.640.09-0.15-0.12-0.620.380.92-0.33-0.62-0.49-0.31-0.620.3-0.41-0.21-0.49-0.650.7-0.14-0.73-0.81-0.94-0.71-0.940.7
0.6-0.090.110.110.6-0.36-0.890.340.590.390.30.59-0.290.40.20.470.64-0.560.130.630.81-0.940.751.0-0.56
0.35-0.530.09-0.060.36-0.48-0.840.430.380.03-0.080.38-0.72-0.19-0.33-0.160.53-0.85-0.150.190.63-0.710.750.79-0.85
0.59-0.130.110.10.59-0.38-0.90.360.580.360.270.59-0.330.360.160.430.64-0.60.110.60.81-0.941.00.79-0.6
-0.350.51-0.130.06-0.350.470.8-0.37-0.36-0.170.08-0.360.70.190.320.16-0.481.00.15-0.3-0.550.7-0.56-0.85-0.6
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LENZ Therapeutics Account Relationship Matchups

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