Twist Capital Surpluse vs Total Assets Analysis

TWST Stock  USD 48.12  0.18  0.38%   
Twist Bioscience financial indicator trend analysis is much more than just breaking down Twist Bioscience Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twist Bioscience Corp is a good investment. Please check the relationship between Twist Bioscience Capital Surpluse and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twist Bioscience Corp. 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.

Capital Surpluse vs Total Assets

Capital Surpluse vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twist Bioscience Corp Capital Surpluse account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Twist Bioscience's Capital Surpluse and Total Assets is 0.9. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Assets in the same time period over historical financial statements of Twist Bioscience Corp, assuming nothing else is changed. The correlation between historical values of Twist Bioscience's Capital Surpluse and Total 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 Capital Surpluse of Twist Bioscience Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Surpluse i.e., Twist Bioscience's Capital Surpluse and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Surpluse

Total Assets

Total assets refers to the total amount of Twist Bioscience assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Twist Bioscience Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Twist Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twist Bioscience Corp 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 Twist Bioscience Corp. 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.
At this time, Twist Bioscience's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 124.4 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.0M29.3M31.4M33.0M
Interest Income3.1M14.4M15.3M16.1M

Twist Bioscience fundamental ratios Correlations

-0.490.980.990.980.310.90.970.16-0.87-0.840.750.930.950.790.3-0.890.970.970.80.960.41-0.76-0.540.90.99
-0.49-0.4-0.5-0.64-0.22-0.58-0.41-0.40.360.45-0.29-0.39-0.37-0.32-0.210.61-0.54-0.54-0.32-0.49-0.620.931.0-0.54-0.45
0.98-0.40.970.940.180.890.990.0-0.81-0.850.690.880.980.710.17-0.820.910.940.850.940.38-0.69-0.450.890.97
0.99-0.50.970.970.250.920.970.12-0.84-0.880.720.90.950.820.26-0.910.940.970.840.970.4-0.76-0.540.920.98
0.98-0.640.940.970.320.90.940.23-0.84-0.820.730.90.910.760.31-0.90.960.960.760.940.5-0.86-0.680.890.97
0.31-0.220.180.250.320.150.110.79-0.7-0.080.40.610.080.51.0-0.290.480.21-0.080.25-0.21-0.23-0.210.160.37
0.9-0.580.890.920.90.150.90.0-0.72-0.980.440.790.880.730.14-0.910.840.920.930.940.42-0.84-0.621.00.88
0.97-0.410.990.970.940.110.9-0.08-0.76-0.870.660.841.00.720.1-0.810.870.950.880.940.35-0.7-0.470.90.95
0.16-0.40.00.120.230.790.0-0.08-0.420.070.370.34-0.130.40.82-0.330.370.15-0.330.140.22-0.29-0.390.010.19
-0.870.36-0.81-0.84-0.84-0.7-0.72-0.76-0.420.65-0.77-0.99-0.74-0.83-0.690.75-0.92-0.77-0.58-0.8-0.110.590.39-0.73-0.91
-0.840.45-0.85-0.88-0.82-0.08-0.98-0.870.070.65-0.36-0.73-0.86-0.76-0.070.89-0.76-0.89-0.95-0.93-0.330.730.49-0.98-0.83
0.75-0.290.690.720.730.40.440.660.37-0.77-0.360.770.660.670.42-0.570.770.660.330.610.26-0.43-0.320.450.78
0.93-0.390.880.90.90.610.790.840.34-0.99-0.730.770.820.840.6-0.80.950.850.670.870.16-0.64-0.420.80.96
0.95-0.370.980.950.910.080.881.0-0.13-0.74-0.860.660.820.70.06-0.780.830.930.880.920.3-0.67-0.420.880.94
0.79-0.320.710.820.760.50.730.720.4-0.83-0.760.670.840.70.53-0.850.790.820.610.850.13-0.55-0.350.760.84
0.3-0.210.170.260.311.00.140.10.82-0.69-0.070.420.60.060.53-0.30.470.21-0.090.25-0.2-0.22-0.20.150.37
-0.890.61-0.82-0.91-0.9-0.29-0.91-0.81-0.330.750.89-0.57-0.8-0.78-0.85-0.3-0.9-0.94-0.74-0.94-0.570.820.65-0.92-0.88
0.97-0.540.910.940.960.480.840.870.37-0.92-0.760.770.950.830.790.47-0.90.920.670.90.46-0.77-0.580.840.97
0.97-0.540.940.970.960.210.920.950.15-0.77-0.890.660.850.930.820.21-0.940.920.810.980.5-0.79-0.590.920.95
0.8-0.320.850.840.76-0.080.930.88-0.33-0.58-0.950.330.670.880.61-0.09-0.740.670.810.840.22-0.63-0.360.930.79
0.96-0.490.940.970.940.250.940.940.14-0.8-0.930.610.870.920.850.25-0.940.90.980.840.39-0.76-0.540.950.95
0.41-0.620.380.40.5-0.210.420.350.22-0.11-0.330.260.160.30.13-0.2-0.570.460.50.220.39-0.61-0.640.40.34
-0.760.93-0.69-0.76-0.86-0.23-0.84-0.7-0.290.590.73-0.43-0.64-0.67-0.55-0.220.82-0.77-0.79-0.63-0.76-0.610.95-0.81-0.72
-0.541.0-0.45-0.54-0.68-0.21-0.62-0.47-0.390.390.49-0.32-0.42-0.42-0.35-0.20.65-0.58-0.59-0.36-0.54-0.640.95-0.58-0.5
0.9-0.540.890.920.890.161.00.90.01-0.73-0.980.450.80.880.760.15-0.920.840.920.930.950.4-0.81-0.580.89
0.99-0.450.970.980.970.370.880.950.19-0.91-0.830.780.960.940.840.37-0.880.970.950.790.950.34-0.72-0.50.89
Click cells to compare fundamentals

Twist Bioscience Account Relationship Matchups

Twist Bioscience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets398.9M702.1M961.4M776.4M614.3M478.9M
Short Long Term Debt Total36.0M62.9M94.9M94.1M85.0M92.9M
Other Current Liab14.3M27.7M53.5M40.0M34.9M21.9M
Total Current Liabilities36.0M63.1M90.7M73.3M71.0M49.0M
Total Stockholder Equity336.3M580.8M789.4M623.4M472.7M310.8M
Other Liab158K351K5.1M60K69K65.6K
Net Tangible Assets150.4M334.8M540.1M789.4M907.8M953.2M
Property Plant And Equipment Net59.2M105.7M214.4M203.4M161.3M98.6M
Current Deferred Revenue16.4M18.8M28.8M3.5M2.1M2.0M
Net Debt(57.7M)(402.9M)(283.8M)(192.4M)(141.3M)(148.4M)
Retained Earnings(458.5M)(610.6M)(828.4M)(1.0B)(1.2B)(1.2B)
Accounts Payable4.8M14.9M20.1M14.1M1.6M1.5M
Cash93.7M465.8M378.7M286.5M226.3M200.2M
Non Current Assets Total64.0M155.6M364.9M352.1M267.5M157.2M
Non Currrent Assets Other3.4M9.2M5.0M8.5M5.9M5.3M
Other Assets4.4M3.4M49.9M(1K)(1.2K)(1.1K)
Cash And Short Term Investments290.0M477.9M505.0M336.4M276.4M271.7M
Net Receivables26.4M28.5M40.3M44.1M34.9M23.8M
Common Stock Shares Outstanding39.2M48.3M53.9M56.9M58.0M42.5M
Short Term Investments196.3M12.0M126.3M49.9M50.1M71.4M
Liabilities And Stockholders Equity398.9M702.1M961.4M776.4M614.3M478.9M
Non Current Liabilities Total26.6M58.2M81.3M79.6M70.6M86.5M
Capital Surpluse470.4M794.6M1.2B1.6B1.9B2.0B
Inventory12.3M31.8M39.3M32.1M24.1M19.1M
Other Current Assets12.4M16.6M11.9M11.7M11.4M8.9M
Other Stockholder Equity794.6M1.2B1.6B1.7B1.7B889.7M
Total Liab62.6M121.3M172.0M153.0M141.6M122.2M
Property Plant And Equipment Gross59.2M105.7M214.4M203.4M237.0M248.8M
Total Current Assets334.9M546.5M596.5M424.3M346.8M321.6M
Non Current Liabilities Other25.2M58.2M60K475K407K386.7K
Short Term Debt16.2M18.0M13.6M14.9M29.6M31.1M
Intangible Assets307K18.3M59.7M54.5M14.5M18.4M
Property Plant Equipment20.8M25.5M44.1M214.4M246.5M258.9M
Net Invested Capital341.0M1.6M789.4M623.4M472.7M284.9M

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