Tempest Inventory Turnover vs Net Income Per Share Analysis
TPST Stock | USD 1.10 0.01 0.92% |
Tempest Therapeutics financial indicator trend analysis is much more than just breaking down Tempest Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tempest Therapeutics is a good investment. Please check the relationship between Tempest Therapeutics Inventory Turnover and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tempest 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 state. For more information on how to buy Tempest Stock please use our How to Invest in Tempest Therapeutics guide.
Inventory Turnover vs Net Income Per Share
Inventory Turnover vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tempest Therapeutics Inventory Turnover account and Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tempest Therapeutics' Inventory Turnover and Net Income Per Share is -0.15. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Tempest Therapeutics, assuming nothing else is changed. The correlation between historical values of Tempest Therapeutics' Inventory Turnover and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Tempest Therapeutics are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Inventory Turnover i.e., Tempest Therapeutics' Inventory Turnover and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Net Income Per Share
Most indicators from Tempest Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tempest 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tempest 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 state. For more information on how to buy Tempest Stock please use our How to Invest in Tempest Therapeutics guide.Selling General Administrative is likely to gain to about 15.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.2 M in 2024.
Tempest Therapeutics fundamental ratios Correlations
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Tempest Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tempest Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 75.0M | 22.9M | 73.2M | 46.1M | 51.6M | 70.9M | |
Total Current Liabilities | 12.5M | 3.2M | 20.0M | 7.3M | 9.4M | 9.6M | |
Net Debt | (59.0M) | (16.4M) | (33.3M) | (9.1M) | (18.6M) | (19.5M) | |
Retained Earnings | (208.7M) | (71.8M) | (100.1M) | (135.8M) | (165.3M) | (173.5M) | |
Cash | 63.5M | 18.8M | 51.8M | 31.2M | 39.2M | 35.9M | |
Liabilities And Stockholders Equity | 75.0M | 22.9M | 73.2M | 46.1M | 51.6M | 70.9M | |
Non Current Liabilities Total | 2.6M | 88.4M | 17.1M | 20.7M | 15.4M | 13.0M | |
Total Liab | 15.1M | 91.7M | 37.1M | 28.0M | 24.8M | 22.6M | |
Total Current Assets | 71.1M | 19.8M | 69.0M | 33.0M | 40.4M | 65.6M | |
Other Current Liab | 9.1M | 1.4M | 17.6M | 4.8M | 3.3M | 3.2M | |
Total Stockholder Equity | 58.5M | (68.8M) | 36.1M | 18.1M | 26.8M | 37.9M | |
Accounts Payable | 1.5M | 1.1M | 991K | 1.1M | 845K | 1.4M | |
Non Current Assets Total | 3.8M | 3.0M | 4.3M | 13.1M | 11.2M | 5.7M | |
Non Currrent Assets Other | 507.0K | 51K | 111K | 429K | 60K | 57K | |
Cash And Short Term Investments | 63.5M | 18.8M | 51.8M | 31.2M | 39.2M | 48.4M | |
Common Stock Shares Outstanding | 913.8K | 31.2K | 3.8M | 11.5M | 15.4M | 16.2M | |
Other Current Assets | 6.3M | 59K | 553K | 1.3M | 1.1M | 2.1M | |
Other Stockholder Equity | 215.0M | (84.2M) | 136.2M | 153.9M | 192.0M | 136.3M | |
Accumulated Other Comprehensive Income | (3.7M) | 148K | 165K | 452K | (73.2M) | 0.0 | |
Short Long Term Debt Total | 4.5M | 2.4M | 18.5M | 22.1M | 20.7M | 12.6M | |
Net Receivables | 1.3M | 260K | 15M | 450K | 517.5K | 491.6K | |
Short Term Debt | 2.0M | 712K | 1.4M | 1.4M | 5.2M | 5.5M |
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When running Tempest Therapeutics' price analysis, check to measure Tempest Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tempest Therapeutics is operating at the current time. Most of Tempest Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tempest Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tempest Therapeutics' price. Additionally, you may evaluate how the addition of Tempest Therapeutics to your portfolios can decrease your overall portfolio volatility.