Theratechnologies Cash And Short Term Investments vs Cash Analysis

THTX Stock

USD 1.22 0.02 1.67%

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

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

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Theratechnologies Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Theratechnologies' Cash And Short Term Investments and Cash is 0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Theratechnologies, assuming nothing else is changed. The correlation between historical values of Theratechnologies' Cash And Short Term Investments and Cash 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 Theratechnologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Theratechnologies' Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

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

Cash

Cash refers to the most liquid asset of Theratechnologies, which is listed under current asset account on Theratechnologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Theratechnologies customers. The amounts must be unrestricted with restricted cash listed in a different Theratechnologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

For more information on how to buy Theratechnologies Stock please use our How to Invest in Theratechnologies guide.At this time, Theratechnologies' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	80.1M	81.8M	94.0M	98.7M
Depreciation And Amortization	12.0M	3.3M	3.8M	3.1M

Total Revenue Depreciation And Amortization

Theratechnologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.9	0.63	0.06	0.42	0.78	-0.57	0.94	0.68	0.79	-0.18	0.43	0.82	0.79	0.68	0.75	0.67	0.75	0.23	0.84	0.94	0.28	0.84	0.51	0.51	0.3
Short Long Term Debt Total	0.9		0.75	-0.28	0.52	0.83	-0.71	0.8	0.77	0.59	0.13	0.68	0.82	0.81	0.78	0.75	0.55	0.73	0.36	0.91	0.9	0.46	0.66	0.63	0.28	0.44
Total Current Liabilities	0.63	0.75		-0.6	0.58	0.86	-0.71	0.6	0.61	0.31	0.04	0.81	0.66	0.77	0.81	0.35	0.39	0.76	0.56	0.84	0.75	0.81	0.31	0.81	0.29	0.52
Total Stockholder Equity	0.06	-0.28	-0.6		-0.39	-0.46	0.57	0.11	-0.33	0.35	-0.38	-0.81	-0.22	-0.41	-0.58	-0.12	0.19	-0.25	-0.61	-0.44	-0.18	-0.46	0.32	-0.73	0.25	-0.44
Property Plant And Equipment Net	0.42	0.52	0.58	-0.39		0.7	-0.22	0.57	0.29	0.05	0.02	0.49	0.33	0.53	0.5	0.33	0.46	0.67	0.7	0.59	0.5	0.34	0.15	0.52	0.47	0.96
Net Debt	0.78	0.83	0.86	-0.46	0.7		-0.74	0.78	0.59	0.52	-0.08	0.74	0.69	0.87	0.82	0.64	0.64	0.85	0.51	0.92	0.86	0.48	0.53	0.81	0.37	0.56
Retained Earnings	-0.57	-0.71	-0.71	0.57	-0.22	-0.74		-0.4	-0.54	-0.35	-0.03	-0.75	-0.58	-0.65	-0.81	-0.54	-0.38	-0.62	-0.23	-0.74	-0.66	-0.41	-0.26	-0.81	0.07	-0.13
Accounts Payable	0.94	0.8	0.6	0.11	0.57	0.78	-0.4		0.56	0.76	-0.35	0.31	0.69	0.74	0.55	0.66	0.73	0.74	0.31	0.77	0.86	0.26	0.82	0.43	0.55	0.42
Cash	0.68	0.77	0.61	-0.33	0.29	0.59	-0.54	0.56		0.45	0.27	0.76	0.95	0.84	0.78	0.8	0.06	0.46	0.55	0.85	0.83	0.23	0.44	0.67	0.26	0.31
Non Current Assets Total	0.79	0.59	0.31	0.35	0.05	0.52	-0.35	0.76	0.45		-0.27	0.13	0.58	0.56	0.3	0.64	0.6	0.4	-0.19	0.56	0.68	0.07	0.87	0.19	0.36	-0.14
Non Currrent Assets Other	-0.18	0.13	0.04	-0.38	0.02	-0.08	-0.03	-0.35	0.27	-0.27		0.41	0.14	0.04	0.16	0.12	-0.38	-0.17	0.13	0.1	-0.02	0.15	-0.22	0.03	-0.08	0.15
Other Assets	0.43	0.68	0.81	-0.81	0.49	0.74	-0.75	0.31	0.76	0.13	0.41		0.71	0.81	0.89	0.56	0.03	0.53	0.68	0.83	0.67	0.49	0.08	0.91	0.12	0.51
Cash And Short Term Investments	0.82	0.82	0.66	-0.22	0.33	0.69	-0.58	0.69	0.95	0.58	0.14	0.71		0.9	0.84	0.82	0.22	0.6	0.51	0.9	0.93	0.24	0.58	0.7	0.47	0.32
Net Receivables	0.79	0.81	0.77	-0.41	0.53	0.87	-0.65	0.74	0.84	0.56	0.04	0.81	0.9		0.89	0.79	0.29	0.64	0.62	0.95	0.91	0.3	0.57	0.83	0.46	0.47
Common Stock Shares Outstanding	0.68	0.78	0.81	-0.58	0.5	0.82	-0.81	0.55	0.78	0.3	0.16	0.89	0.84	0.89		0.66	0.23	0.71	0.65	0.9	0.84	0.4	0.32	0.91	0.37	0.5
Non Current Liabilities Total	0.75	0.75	0.35	-0.12	0.33	0.64	-0.54	0.66	0.8	0.64	0.12	0.56	0.82	0.79	0.66		0.35	0.5	0.34	0.8	0.82	-0.16	0.63	0.56	0.31	0.26
Inventory	0.67	0.55	0.39	0.19	0.46	0.64	-0.38	0.73	0.06	0.6	-0.38	0.03	0.22	0.29	0.23	0.35		0.77	-0.13	0.45	0.55	0.26	0.6	0.2	0.31	0.25
Other Current Assets	0.75	0.73	0.76	-0.25	0.67	0.85	-0.62	0.74	0.46	0.4	-0.17	0.53	0.6	0.64	0.71	0.5	0.77		0.41	0.77	0.81	0.46	0.42	0.68	0.5	0.57
Other Stockholder Equity	0.23	0.36	0.56	-0.61	0.7	0.51	-0.23	0.31	0.55	-0.19	0.13	0.68	0.51	0.62	0.65	0.34	-0.13	0.41		0.57	0.45	0.23	-0.07	0.68	0.38	0.79
Total Liab	0.84	0.91	0.84	-0.44	0.59	0.92	-0.74	0.77	0.85	0.56	0.1	0.83	0.9	0.95	0.9	0.8	0.45	0.77	0.57		0.96	0.43	0.56	0.84	0.39	0.51
Total Current Assets	0.94	0.9	0.75	-0.18	0.5	0.86	-0.66	0.86	0.83	0.68	-0.02	0.67	0.93	0.91	0.84	0.82	0.55	0.81	0.45	0.96		0.32	0.69	0.72	0.53	0.41
Short Term Debt	0.28	0.46	0.81	-0.46	0.34	0.48	-0.41	0.26	0.23	0.07	0.15	0.49	0.24	0.3	0.4	-0.16	0.26	0.46	0.23	0.43	0.32		0.08	0.38	0.05	0.31
Intangible Assets	0.84	0.66	0.31	0.32	0.15	0.53	-0.26	0.82	0.44	0.87	-0.22	0.08	0.58	0.57	0.32	0.63	0.6	0.42	-0.07	0.56	0.69	0.08		0.12	0.42	-0.01
Other Current Liab	0.51	0.63	0.81	-0.73	0.52	0.81	-0.81	0.43	0.67	0.19	0.03	0.91	0.7	0.83	0.91	0.56	0.2	0.68	0.68	0.84	0.72	0.38	0.12		0.22	0.49
Short Term Investments	0.51	0.28	0.29	0.25	0.47	0.37	0.07	0.55	0.26	0.36	-0.08	0.12	0.47	0.46	0.37	0.31	0.31	0.5	0.38	0.39	0.53	0.05	0.42	0.22		0.48
Property Plant And Equipment Gross	0.3	0.44	0.52	-0.44	0.96	0.56	-0.13	0.42	0.31	-0.14	0.15	0.51	0.32	0.47	0.5	0.26	0.25	0.57	0.79	0.51	0.41	0.31	-0.01	0.49	0.48

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Theratechnologies Account Relationship Matchups

Theratechnologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	100.1M	119.2M	93.3M	77.8M	89.4M	65.2M
Short Long Term Debt Total	55.4M	56.7M	66.7M	59.0M	67.8M	37.4M
Total Current Liabilities	41.9M	45.1M	114.3M	47.3M	54.4M	57.1M
Total Stockholder Equity	3.2M	17.8M	(22.6M)	(20.9M)	(18.8M)	(17.8M)
Property Plant And Equipment Net	3.5M	2.9M	3.1M	2.0M	1.8M	1.3M
Net Debt	42.6M	36.3M	42.9M	24.9M	28.6M	30.0M
Retained Earnings	(300.1M)	(335.2M)	(382.6M)	(408.7M)	(367.8M)	(349.4M)
Accounts Payable	17.5M	15.5M	12.9M	7.0M	8.0M	6.4M
Cash	12.7M	20.4M	23.9M	34.1M	39.2M	41.2M
Non Current Assets Total	35.3M	27.3M	19.9M	14.5M	16.6M	29.9M
Non Currrent Assets Other	(35.3M)	(26.7M)	(18.1M)	467K	420.3K	399.3K
Cash And Short Term Investments	20.8M	40.4M	33.1M	40.9M	47.0M	49.3M
Net Receivables	13.2M	10.9M	12.3M	12.8M	14.7M	15.5M
Common Stock Shares Outstanding	19.2M	23.1M	23.8M	26.3M	23.7M	23.5M
Liabilities And Stockholders Equity	100.1M	119.2M	93.3M	77.8M	89.4M	62.7M
Non Current Liabilities Total	55.0M	56.4M	1.6M	51.3M	59.0M	62.0M
Inventory	25.1M	29.1M	19.7M	6.1M	7.0M	7.8M
Other Current Assets	5.7M	13.2M	10.0M	4.0M	4.7M	4.9M
Other Stockholder Equity	12.1M	12.8M	20.9M	23.2M	20.9M	19.8M
Total Liab	96.9M	101.5M	115.8M	98.6M	113.4M	119.1M
Total Current Assets	64.8M	91.9M	73.4M	63.3M	72.8M	76.4M
Short Term Debt	1.1M	463K	65.3M	7.7M	8.9M	9.2M
Intangible Assets	31.9M	23.8M	15.0M	12.5M	14.4M	13.2M
Other Current Liab	23.2M	29.0M	35.7M	32.6M	37.5M	39.4M
Short Term Investments	8.0M	20.0M	9.2M	6.8M	6.1M	9.6M
Accumulated Other Comprehensive Income	(481K)	(44K)	385K	684.0K	786.6K	430.9K
Property Plant And Equipment Gross	3.5M	3.6M	3.9M	3.2M	2.9M	1.5M
Current Deferred Revenue	70K	50K	54K	38K	34.2K	32.5K
Common Stock	287.3M	335.8M	338.8M	363.9M	418.5M	306.7M
Net Tangible Assets	(14.9M)	(28.6M)	(6.1M)	(37.6M)	(33.8M)	(32.1M)
Long Term Debt	50.7M	52.4M	54.2M	50.7M	58.3M	38.2M
Property Plant Equipment	1.1M	3.5M	2.9M	3.1M	3.6M	3.7M
Net Invested Capital	55.6M	72.0M	42.2M	37.1M	33.4M	45.8M

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Theratechnologies Cash And Short Term Investments vs Cash Analysis

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Cash

Theratechnologies fundamental ratios Correlations

Theratechnologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Theratechnologies fundamental ratios Accounts

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Additional Tools for Theratechnologies Stock Analysis

COMMON DESTINATIONS

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Property Plant And Equipment Gross	+ 0.96	Property Plant And Equipment Net
Total Current Assets	+ 0.96	Total Liab
Cash And Short Term Investments	+ 0.95	Cash
Total Liab	+ 0.95	Net Receivables
Accounts Payable	+ 0.94	Total Assets
Total Current Assets	+ 0.94	Total Assets

Other Current Liab	- 0.81	Retained Earnings
Common Stock Shares Outstanding	- 0.81	Retained Earnings
Other Assets	- 0.81	Total Stockholder Equity
Other Assets	- 0.75	Retained Earnings
Total Liab	- 0.74	Retained Earnings
Retained Earnings	- 0.74	Net Debt