Dynavax Technologies Stock Current Ratio

DVAX Stock  USD 12.96  0.03  0.23%   
Dynavax Technologies fundamentals help investors to digest information that contributes to Dynavax Technologies' financial success or failures. It also enables traders to predict the movement of Dynavax Stock. The fundamental analysis module provides a way to measure Dynavax Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dynavax Technologies stock.
Last ReportedProjected for Next Year
Current Ratio 13.81  6.97 
Current Ratio is likely to drop to 6.97 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dynavax Technologies Company Current Ratio Analysis

Dynavax Technologies' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Dynavax Technologies Current Ratio

    
  2.77 X  
Most of Dynavax Technologies' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dynavax Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dynavax Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Dynavax Technologies is extremely important. It helps to project a fair market value of Dynavax Stock properly, considering its historical fundamentals such as Current Ratio. Since Dynavax Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dynavax Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dynavax Technologies' interrelated accounts and indicators.
0.85-0.490.860.130.80.190.910.620.110.970.84-0.57-0.10.87-0.30.830.780.770.81-0.610.860.90.93
0.85-0.210.480.040.960.210.610.20.180.930.59-0.54-0.160.61-0.140.990.590.520.59-0.740.870.940.73
-0.49-0.21-0.63-0.67-0.260.02-0.74-0.39-0.36-0.41-0.410.46-0.1-0.70.7-0.11-0.83-0.74-0.80.12-0.27-0.25-0.57
0.860.48-0.630.190.430.120.950.850.010.750.84-0.44-0.010.88-0.370.450.740.80.8-0.320.620.610.87
0.130.04-0.670.190.17-0.080.36-0.10.540.14-0.03-0.40.150.41-0.42-0.020.550.50.55-0.070.090.060.19
0.80.96-0.260.430.170.20.590.070.40.910.44-0.54-0.10.66-0.130.960.60.60.61-0.840.810.940.72
0.190.210.020.12-0.080.20.090.15-0.010.190.190.5-0.170.090.520.190.050.05-0.030.00.190.120.17
0.910.61-0.740.950.360.590.090.720.150.830.77-0.6-0.090.91-0.480.570.860.840.91-0.470.670.720.9
0.620.2-0.390.85-0.10.070.150.72-0.470.460.73-0.15-0.110.51-0.230.180.450.40.49-0.020.360.320.58
0.110.18-0.360.010.540.4-0.010.15-0.470.2-0.14-0.230.140.46-0.110.180.360.540.36-0.360.180.250.31
0.970.93-0.410.750.140.910.190.830.460.20.71-0.59-0.090.82-0.240.920.730.740.76-0.750.870.970.89
0.840.59-0.410.84-0.030.440.190.770.73-0.140.71-0.39-0.120.72-0.250.550.630.590.68-0.140.750.570.81
-0.57-0.540.46-0.44-0.4-0.540.5-0.6-0.15-0.23-0.59-0.39-0.05-0.570.54-0.51-0.53-0.55-0.660.57-0.45-0.59-0.5
-0.1-0.16-0.1-0.010.15-0.1-0.17-0.09-0.110.14-0.09-0.12-0.050.09-0.09-0.150.030.31-0.050.01-0.13-0.11-0.14
0.870.61-0.70.880.410.660.090.910.510.460.820.72-0.570.09-0.40.590.850.970.89-0.510.710.740.94
-0.3-0.140.7-0.37-0.42-0.130.52-0.48-0.23-0.11-0.24-0.250.54-0.09-0.4-0.07-0.61-0.41-0.580.05-0.17-0.14-0.31
0.830.99-0.110.45-0.020.960.190.570.180.180.920.55-0.51-0.150.59-0.070.530.490.54-0.770.860.950.71
0.780.59-0.830.740.550.60.050.860.450.360.730.63-0.530.030.85-0.610.530.830.96-0.310.730.610.84
0.770.52-0.740.80.50.60.050.840.40.540.740.59-0.550.310.97-0.410.490.830.85-0.490.60.650.83
0.810.59-0.80.80.550.61-0.030.910.490.360.760.68-0.66-0.050.89-0.580.540.960.85-0.370.730.660.88
-0.61-0.740.12-0.32-0.07-0.840.0-0.47-0.02-0.36-0.75-0.140.570.01-0.510.05-0.77-0.31-0.49-0.37-0.46-0.85-0.5
0.860.87-0.270.620.090.810.190.670.360.180.870.75-0.45-0.130.71-0.170.860.730.60.73-0.460.850.85
0.90.94-0.250.610.060.940.120.720.320.250.970.57-0.59-0.110.74-0.140.950.610.650.66-0.850.850.82
0.930.73-0.570.870.190.720.170.90.580.310.890.81-0.5-0.140.94-0.310.710.840.830.88-0.50.850.82
Click cells to compare fundamentals

Dynavax Current Ratio Historical Pattern

Today, most investors in Dynavax Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dynavax Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dynavax Technologies current ratio as a starting point in their analysis.
   Dynavax Technologies Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Dynavax Price To Sales Ratio

Price To Sales Ratio

7.36

At this time, Dynavax Technologies' Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Dynavax Technologies has a Current Ratio of 2.77 times. This is 4.81% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 28.24% lower than that of the firm.

Dynavax Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dynavax Technologies' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dynavax Technologies could also be used in its relative valuation, which is a method of valuing Dynavax Technologies by comparing valuation metrics of similar companies.
Dynavax Technologies is currently under evaluation in current ratio category among its peers.

Dynavax Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dynavax Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dynavax Technologies' managers, analysts, and investors.
Environmental
Governance
Social

Dynavax Fundamentals

About Dynavax Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dynavax Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dynavax Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dynavax Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

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.

Additional Tools for Dynavax Stock Analysis

When running Dynavax Technologies' price analysis, check to measure Dynavax Technologies' 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 Dynavax Technologies is operating at the current time. Most of Dynavax Technologies' value examination focuses on studying past and present price action to predict the probability of Dynavax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynavax Technologies' price. Additionally, you may evaluate how the addition of Dynavax Technologies to your portfolios can decrease your overall portfolio volatility.