SIGA Accounts Payable vs Short Term Investments Analysis

SIGA Stock  USD 6.48  0.21  3.35%   
SIGA Technologies financial indicator trend analysis is much more than just breaking down SIGA Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIGA Technologies is a good investment. Please check the relationship between SIGA Technologies Accounts Payable and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIGA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIGA Technologies Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SIGA Technologies' Accounts Payable and Short Term Investments is -0.57. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of SIGA Technologies, assuming nothing else is changed. The correlation between historical values of SIGA Technologies' Accounts Payable 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 Accounts Payable of SIGA Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., SIGA Technologies' Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents SIGA Technologies 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 SIGA Technologies 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.

Short Term Investments

Short Term Investments is an item under the current assets section of SIGA Technologies balance sheet. It contains any investments SIGA Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that SIGA Technologies can easily liquidate in the marketplace.
Most indicators from SIGA Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIGA Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SIGA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.At present, SIGA Technologies' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.89, whereas Selling General Administrative is forecasted to decline to about 17.9 M.
 2023 2024 (projected)
Extraordinary Items2.4M2.2M
Reconciled Depreciation538.3K445.8K

SIGA Technologies fundamental ratios Correlations

-0.010.580.310.03-0.020.080.140.60.160.670.070.88-0.50.80.80.410.030.08-0.040.56-0.02-0.040.190.630.66
-0.010.14-0.03-0.08-0.53-0.190.110.150.110.070.040.080.060.050.050.190.14-0.030.010.140.14-0.01-0.030.410.19
0.580.140.490.35-0.03-0.33-0.160.330.780.27-0.280.69-0.130.380.380.24-0.20.53-0.420.61-0.21-0.41-0.160.560.38
0.31-0.030.490.95-0.06-0.67-0.010.160.170.05-0.930.6-0.480.490.490.47-0.610.65-0.960.66-0.6-0.95-0.20.420.09
0.03-0.080.350.95-0.06-0.74-0.06-0.110.12-0.23-0.980.38-0.410.310.310.36-0.630.66-0.980.56-0.62-0.97-0.280.19-0.19
-0.02-0.53-0.03-0.06-0.06-0.01-0.15-0.040.00.040.05-0.020.01-0.14-0.14-0.130.05-0.080.06-0.220.020.1-0.11-0.42-0.08
0.08-0.19-0.33-0.67-0.74-0.010.510.21-0.170.260.73-0.40.52-0.3-0.3-0.420.42-0.80.74-0.550.450.670.37-0.030.29
0.140.11-0.16-0.01-0.06-0.150.510.29-0.080.220.06-0.110.290.010.01-0.190.06-0.490.08-0.30.08-0.030.220.240.31
0.60.150.330.16-0.11-0.040.210.290.30.950.040.44-0.010.320.320.28-0.110.080.00.07-0.11-0.050.320.630.95
0.160.110.780.170.120.0-0.17-0.080.30.18-0.120.220.31-0.07-0.07-0.09-0.120.49-0.220.07-0.13-0.21-0.170.250.27
0.670.070.270.05-0.230.040.260.220.950.180.180.48-0.090.360.360.30.090.00.150.070.10.110.340.570.96
0.070.04-0.28-0.93-0.980.050.730.060.04-0.120.18-0.290.31-0.2-0.2-0.340.65-0.660.99-0.460.620.980.27-0.20.14
0.880.080.690.60.38-0.02-0.4-0.110.440.220.48-0.29-0.710.880.880.57-0.170.45-0.390.78-0.23-0.35-0.010.590.46
-0.50.06-0.13-0.48-0.410.010.520.29-0.010.31-0.090.31-0.71-0.88-0.88-0.390.15-0.30.33-0.60.230.250.18-0.060.03
0.80.050.380.490.31-0.14-0.30.010.32-0.070.36-0.20.88-0.881.00.36-0.10.22-0.260.63-0.19-0.22-0.10.40.31
0.80.050.380.490.31-0.14-0.30.010.32-0.070.36-0.20.88-0.881.00.36-0.10.22-0.260.63-0.19-0.22-0.10.40.31
0.410.190.240.470.36-0.13-0.42-0.190.28-0.090.3-0.340.57-0.390.360.36-0.170.49-0.360.66-0.18-0.350.540.440.24
0.030.14-0.2-0.61-0.630.050.420.06-0.11-0.120.090.65-0.170.15-0.1-0.1-0.17-0.430.65-0.30.980.660.17-0.140.06
0.08-0.030.530.650.66-0.08-0.8-0.490.080.490.0-0.660.45-0.30.220.220.49-0.43-0.70.52-0.45-0.64-0.110.23-0.01
-0.040.01-0.42-0.96-0.980.060.740.080.0-0.220.150.99-0.390.33-0.26-0.26-0.360.65-0.7-0.540.620.990.29-0.280.09
0.560.140.610.660.56-0.22-0.55-0.30.070.070.07-0.460.78-0.60.630.630.66-0.30.52-0.54-0.32-0.510.10.520.13
-0.020.14-0.21-0.6-0.620.020.450.08-0.11-0.130.10.62-0.230.23-0.19-0.19-0.180.98-0.450.62-0.320.620.18-0.110.09
-0.04-0.01-0.41-0.95-0.970.10.67-0.03-0.05-0.210.110.98-0.350.25-0.22-0.22-0.350.66-0.640.99-0.510.620.25-0.340.03
0.19-0.03-0.16-0.2-0.28-0.110.370.220.32-0.170.340.27-0.010.18-0.1-0.10.540.17-0.110.290.10.180.250.150.3
0.630.410.560.420.19-0.42-0.030.240.630.250.57-0.20.59-0.060.40.40.44-0.140.23-0.280.52-0.11-0.340.150.72
0.660.190.380.09-0.19-0.080.290.310.950.270.960.140.460.030.310.310.240.06-0.010.090.130.090.030.30.72
Click cells to compare fundamentals

SIGA Technologies Account Relationship Matchups

SIGA Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets198.6M149.8M214.7M195.0M254.4M267.1M
Other Current Liab5.9M4.6M5.0M16.3M9.6M10.1M
Total Current Liabilities91.7M10.5M30.5M21.5M54.1M56.8M
Total Stockholder Equity97.8M129.8M174.3M170.2M196.9M206.7M
Retained Earnings(123.0M)(95.2M)(51.8M)(63.8M)(38.9M)(40.9M)
Accounts Payable3.1M1.3M2.0M3.4M1.5M2.2M
Non Current Assets Total18.5M6.2M6.0M9.2M15.4M23.1M
Non Currrent Assets Other856.8K676.9K286.6K252.5K2.1M2.0M
Common Stock Shares Outstanding82.2M79.4M76.4M73.5M71.7M45.4M
Liabilities And Stockholders Equity198.6M149.8M214.7M195.0M254.4M267.1M
Other Current Assets101.0M2.1M2.5M2.3M3.5M5.4M
Other Stockholder Equity220.8M225.0M226.1M234.0M235.8M133.2M
Total Liab100.8M20.0M40.4M24.9M57.5M98.5M
Total Current Assets180.0M143.6M208.8M185.8M239.0M250.9M
Net Debt15.2M(117.4M)(102.7M)(98.3M)(149.6M)(142.1M)
Cash65.2M117.9M103.1M98.8M150.1M157.7M
Cash And Short Term Investments65.2M117.9M103.1M98.8M150.1M157.7M
Net Receivables4.2M3.3M83.7M45.4M21.1M22.2M
Short Long Term Debt Total80.5M449.9K466.8K528.2K1.5M1.4M
Property Plant And Equipment Net2.6M2.1M2.4M1.8M1.3M1.2M
Non Current Liabilities Total9.0M9.6M9.9M3.4M3.4M3.2M
Property Plant And Equipment Gross2.6M2.1M7.0M1.8M6.9M7.3M
Short Term Debt80.5M449.9K466.8K528.2K564.0K535.8K
Other Liab9.0M7.7M7.8M2.4M2.7M2.6M
Other Assets15.0M3.2M214.7M6.5M7.5M7.1M
Common Stock Total Equity8.1K7.7K7.4K7.3K8.4K5.3K
Common Stock8.1K7.7K7.4K7.3K7.1K5.4K
Property Plant Equipment2.6M2.1M2.4M1.8M2.1M1.2M
Current Deferred Revenue2.3M3.3M3.8M10.6M20.8M19.7M
Inventory9.7M20.3M19.5M39.3M64.2M67.4M
Retained Earnings Total Equity(123.0M)(95.2M)(51.8M)(63.8M)(57.4M)(60.3M)
Net Tangible Assets96.9M128.9M173.4M170.2M195.7M205.5M
Capital Surpluse220.8M225.0M226.1M234.0M269.1M237.8M

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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 SIGA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SIGA Technologies' 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 Siga Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siga Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SIGA Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Pharmaceuticals 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 SIGA Technologies. If investors know SIGA 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 SIGA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.721
Earnings Share
1.17
Revenue Per Share
2.441
Quarterly Revenue Growth
0.084
Return On Assets
0.3695
The market value of SIGA Technologies is measured differently than its book value, which is the value of SIGA that is recorded on the company's balance sheet. Investors also form their own opinion of SIGA Technologies' value that differs from its market value or its book value, called intrinsic value, which is SIGA Technologies' 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 SIGA Technologies' market value can be influenced by many factors that don't directly affect SIGA Technologies' 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 SIGA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIGA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIGA Technologies' 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.