Tectonic Net Debt vs Total Current Assets Analysis

TECX Stock

21.62 0.49 2.22%

Tectonic Therapeutic, financial indicator trend analysis is much more than just breaking down Tectonic Therapeutic, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tectonic Therapeutic, is a good investment. Please check the relationship between Tectonic Therapeutic, Net Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.

For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tectonic Therapeutic, Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Tectonic Therapeutic,'s Net Debt and Total Current Assets is -0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Tectonic Therapeutic,, assuming nothing else is changed. The correlation between historical values of Tectonic Therapeutic,'s Net Debt and Total Current 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 Net Debt of Tectonic Therapeutic, are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Tectonic Therapeutic,'s Net Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Tectonic Therapeutic,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tectonic Therapeutic, 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 Tectonic Therapeutic,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.

For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.Enterprise Value is likely to rise to about 314.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 9.9 M in 2025.

	2024	2025 (projected)
Income Tax Expense	339.3K	301.6K
Reconciled Depreciation	1.6M	1.2M

Income Tax Expense Reconciled Depreciation

Tectonic Therapeutic, fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Net Receivables	Other Assets	Short Long Term Debt Total	Current Deferred Revenue	Capital Lease Obligations	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.83	0.86	0.94	-0.99	-0.4	0.83	1.0	0.66	0.87	0.41	0.09	0.62	0.69	0.15	0.87	0.77	0.61	-0.1	0.25	0.18	0.14	-0.16	0.14	0.28	0.16
Other Current Liab	0.83		0.96	0.79	-0.83	-0.43	0.75	0.83	0.54	0.88	0.28	0.38	0.71	0.7	0.1	0.88	0.69	0.5	0.01	0.02	0.09	0.33	-0.28	0.33	0.13	0.31
Total Current Liabilities	0.86	0.96		0.77	-0.85	-0.54	0.73	0.85	0.71	0.89	0.45	0.36	0.79	0.78	0.23	0.89	0.74	0.68	0.03	-0.13	0.3	0.45	-0.44	0.45	0.24	0.45
Total Stockholder Equity	0.94	0.79	0.77		-0.95	-0.11	0.82	0.95	0.39	0.85	0.32	0.01	0.56	0.52	-0.19	0.85	0.54	0.34	-0.28	0.38	-0.01	-0.06	0.05	-0.06	0.36	-0.05
Net Debt	-0.99	-0.83	-0.85	-0.95		0.39	-0.84	-1.0	-0.62	-0.89	-0.42	-0.03	-0.66	-0.71	-0.1	-0.89	-0.72	-0.57	0.08	-0.26	-0.19	-0.1	0.13	-0.1	-0.33	-0.12
Retained Earnings	-0.4	-0.43	-0.54	-0.11	0.39		-0.27	-0.38	-0.82	-0.49	-0.36	-0.04	-0.56	-0.86	-0.83	-0.49	-0.66	-0.8	-0.68	0.32	-0.62	-0.48	0.57	-0.48	0.04	-0.51
Accounts Payable	0.83	0.75	0.73	0.82	-0.84	-0.27		0.83	0.45	0.83	0.05	-0.11	0.6	0.62	0.02	0.83	0.5	0.37	0.17	0.43	-0.08	-0.17	0.16	-0.17	0.07	-0.16
Cash	1.0	0.83	0.85	0.95	-1.0	-0.38	0.83		0.63	0.87	0.4	0.08	0.61	0.69	0.12	0.87	0.75	0.59	-0.11	0.27	0.16	0.12	-0.14	0.12	0.28	0.13
Non Current Assets Total	0.66	0.54	0.71	0.39	-0.62	-0.82	0.45	0.63		0.54	0.58	0.26	0.58	0.75	0.76	0.54	0.84	0.99	0.28	-0.35	0.65	0.62	-0.69	0.62	0.16	0.65
Cash And Short Term Investments	0.87	0.88	0.89	0.85	-0.89	-0.49	0.83	0.87	0.54		0.34	-0.07	0.84	0.85	0.04	1.0	0.53	0.47	0.15	0.16	0.21	0.05	-0.1	0.05	0.31	0.08
Common Stock Shares Outstanding	0.41	0.28	0.45	0.32	-0.42	-0.36	0.05	0.4	0.58	0.34		0.08	0.6	0.38	0.17	0.34	0.39	0.63	-0.23	-0.61	0.88	0.62	-0.74	0.62	0.85	0.69
Non Current Liabilities Total	0.09	0.38	0.36	0.01	-0.03	-0.04	-0.11	0.08	0.26	-0.07	0.08		-0.07	-0.11	0.26	-0.07	0.47	0.31	-0.33	-0.43	-0.04	0.74	-0.56	0.74	-0.24	0.67
Other Current Assets	0.62	0.71	0.79	0.56	-0.66	-0.56	0.6	0.61	0.58	0.84	0.6	-0.07		0.81	0.1	0.84	0.39	0.54	0.29	-0.27	0.57	0.31	-0.41	0.31	0.55	0.36
Other Stockholder Equity	0.69	0.7	0.78	0.52	-0.71	-0.86	0.62	0.69	0.75	0.85	0.38	-0.11	0.81		0.48	0.86	0.62	0.69	0.53	-0.07	0.48	0.24	-0.34	0.24	0.16	0.28
Total Liab	0.15	0.1	0.23	-0.19	-0.1	-0.83	0.02	0.12	0.76	0.04	0.17	0.26	0.1	0.48		0.04	0.65	0.77	0.56	-0.34	0.47	0.55	-0.58	0.55	-0.34	0.55
Total Current Assets	0.87	0.88	0.89	0.85	-0.89	-0.49	0.83	0.87	0.54	1.0	0.34	-0.07	0.84	0.86	0.04		0.53	0.48	0.16	0.16	0.21	0.05	-0.1	0.05	0.31	0.08
Common Stock	0.77	0.69	0.74	0.54	-0.72	-0.66	0.5	0.75	0.84	0.53	0.39	0.47	0.39	0.62	0.65	0.53		0.84	0.09	-0.08	0.32	0.57	-0.54	0.57	-0.05	0.56
Property Plant And Equipment Net	0.61	0.5	0.68	0.34	-0.57	-0.8	0.37	0.59	0.99	0.47	0.63	0.31	0.54	0.69	0.77	0.48	0.84		0.23	-0.42	0.69	0.69	-0.76	0.69	0.19	0.72
Non Currrent Assets Other	-0.1	0.01	0.03	-0.28	0.08	-0.68	0.17	-0.11	0.28	0.15	-0.23	-0.33	0.29	0.53	0.56	0.16	0.09	0.23		-0.01	0.18	-0.06	-0.01	-0.06	-0.38	-0.04
Net Receivables	0.25	0.02	-0.13	0.38	-0.26	0.32	0.43	0.27	-0.35	0.16	-0.61	-0.43	-0.27	-0.07	-0.34	0.16	-0.08	-0.42	-0.01		-0.73	-0.83	0.87	-0.83	-0.37	-0.86
Other Assets	0.18	0.09	0.3	-0.01	-0.19	-0.62	-0.08	0.16	0.65	0.21	0.88	-0.04	0.57	0.48	0.47	0.21	0.32	0.69	0.18	-0.73		0.63	-0.8	0.63	0.64	0.71
Short Long Term Debt Total	0.14	0.33	0.45	-0.06	-0.1	-0.48	-0.17	0.12	0.62	0.05	0.62	0.74	0.31	0.24	0.55	0.05	0.57	0.69	-0.06	-0.83	0.63		-0.97	1.0	0.2	0.99
Current Deferred Revenue	-0.16	-0.28	-0.44	0.05	0.13	0.57	0.16	-0.14	-0.69	-0.1	-0.74	-0.56	-0.41	-0.34	-0.58	-0.1	-0.54	-0.76	-0.01	0.87	-0.8	-0.97		-0.97	-0.33	-0.99
Capital Lease Obligations	0.14	0.33	0.45	-0.06	-0.1	-0.48	-0.17	0.12	0.62	0.05	0.62	0.74	0.31	0.24	0.55	0.05	0.57	0.69	-0.06	-0.83	0.63	1.0	-0.97		0.2	0.99
Net Invested Capital	0.28	0.13	0.24	0.36	-0.33	0.04	0.07	0.28	0.16	0.31	0.85	-0.24	0.55	0.16	-0.34	0.31	-0.05	0.19	-0.38	-0.37	0.64	0.2	-0.33	0.2		0.27
Property Plant And Equipment Gross	0.16	0.31	0.45	-0.05	-0.12	-0.51	-0.16	0.13	0.65	0.08	0.69	0.67	0.36	0.28	0.55	0.08	0.56	0.72	-0.04	-0.86	0.71	0.99	-0.99	0.99	0.27

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Tectonic Therapeutic, Account Relationship Matchups

Tectonic Therapeutic, fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	271.2M	203.8M	103.9M	39.4M	152.9M	136.6M
Other Current Liab	13.9M	2.0M	10.1M	2.3M	5.1M	6.6M
Total Current Liabilities	16.6M	4.1M	13.1M	6.4M	11.6M	9.8M
Total Stockholder Equity	254.3M	169.5M	75.4M	(84.6M)	140.8M	106.5M
Net Debt	(259.7M)	(174.6M)	(76.4M)	(24.4M)	(137.9M)	(144.8M)
Retained Earnings	(264.4M)	(15.6M)	(47.8M)	(477.3M)	(148.6M)	(156.0M)
Accounts Payable	2.7M	1.8M	574K	409K	976K	1.2M
Cash	259.7M	189.6M	92.8M	28.8M	141.2M	126.7M
Non Current Assets Total	4.0M	4.7M	4.0M	8.5M	6.0M	4.4M
Cash And Short Term Investments	259.7M	28.1M	36.0M	28.8M	141.2M	100.0M
Common Stock Shares Outstanding	3.0M	3.6M	3.6M	3.7M	8.5M	8.9M
Liabilities And Stockholders Equity	271.2M	203.8M	103.9M	39.4M	152.9M	136.6M
Non Current Liabilities Total	276K	1.1M	15.5M	2.5M	519K	493.1K
Other Current Assets	5.0M	(2.1M)	807K	2.1M	5.6M	5.9M
Other Stockholder Equity	518.8M	641K	2.1M	392.7M	289.4M	211.3M
Total Liab	16.9M	34.4M	28.6M	124.0M	12.1M	11.5M
Total Current Assets	267.2M	28.6M	37.0M	30.9M	146.9M	103.7M
Property Plant And Equipment Net	3.1M	4.1M	4.0M	7.2M	5.3M	4.2M
Non Currrent Assets Other	436K	74K	40K	887K	156K	289.2K
Net Receivables	2.1M	2.6M	2.7M	269K	242.1K	230.0K

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Tectonic Net Debt vs Total Current Assets Analysis

Net Debt vs Total Current Assets

Net Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Assets

Tectonic Therapeutic, fundamental ratios Correlations

Tectonic Therapeutic, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tectonic Therapeutic, fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Capital Lease Obligations

Cash	- 1.0	Net Debt
Property Plant And Equipment Gross	- 0.99	Current Deferred Revenue
Net Debt	- 0.99	Total Assets
Capital Lease Obligations	- 0.97	Current Deferred Revenue
Current Deferred Revenue	- 0.97	Short Long Term Debt Total
Net Debt	- 0.95	Total Stockholder Equity