Arcellx Cash And Short Term Investments vs Net Invested Capital Analysis

ACLX Stock  USD 89.07  1.89  2.08%   
Arcellx financial indicator trend analysis is way more than just evaluating Arcellx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arcellx is a good investment. Please check the relationship between Arcellx Cash And Short Term Investments and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcellx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Arcellx Stock please use our How to Invest in Arcellx guide.

Cash And Short Term Investments vs Net Invested Capital

Cash And Short Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arcellx Cash And Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arcellx's Cash And Short Term Investments and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Arcellx, assuming nothing else is changed. The correlation between historical values of Arcellx's Cash And Short Term Investments and Net Invested Capital 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 Arcellx are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., Arcellx's Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

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

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Arcellx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arcellx 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arcellx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Arcellx Stock please use our How to Invest in Arcellx guide.At this time, Arcellx's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 124.1 M in 2024, whereas Tax Provision is likely to drop slightly above 364.6 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses65.0M191.3M200.2M111.4M
Cost Of Revenue1.0M2.2M2.0M1.4M

Arcellx fundamental ratios Correlations

0.610.91-0.960.490.041.00.970.851.00.820.981.0-0.860.961.00.961.00.930.580.840.970.760.981.00.97
0.610.42-0.730.480.590.610.60.890.580.80.50.61-0.490.550.590.690.580.610.640.780.720.710.50.610.6
0.910.42-0.880.670.00.880.970.660.890.630.960.93-0.620.780.90.770.880.930.210.740.820.480.960.920.97
-0.96-0.73-0.88-0.67-0.3-0.94-0.97-0.93-0.94-0.9-0.91-0.970.74-0.86-0.95-0.93-0.93-0.96-0.58-0.95-0.98-0.77-0.91-0.97-0.97
0.490.480.67-0.670.630.420.680.580.410.520.490.530.00.230.450.360.40.68-0.050.680.530.180.490.540.68
0.040.590.0-0.30.63-0.010.160.49-0.030.46-0.090.060.25-0.130.00.11-0.040.180.20.490.240.2-0.090.070.16
1.00.610.88-0.940.42-0.010.940.841.00.810.970.99-0.90.981.00.981.00.910.620.820.960.790.970.990.94
0.970.60.97-0.970.680.160.940.830.940.790.970.98-0.710.860.960.890.940.970.420.870.940.650.970.981.0
0.850.890.66-0.930.580.490.840.830.820.940.740.85-0.690.780.830.90.820.820.730.930.940.830.740.850.83
1.00.580.89-0.940.41-0.031.00.940.820.80.980.99-0.90.981.00.971.00.910.610.810.960.780.980.990.94
0.820.80.63-0.90.520.460.810.790.940.80.710.82-0.70.770.810.880.80.850.810.980.920.930.710.820.79
0.980.50.96-0.910.49-0.090.970.970.740.980.710.98-0.820.930.980.90.980.920.430.760.90.651.00.980.97
1.00.610.93-0.970.530.060.990.980.850.990.820.98-0.840.941.00.950.990.950.550.850.970.740.981.00.98
-0.86-0.49-0.620.740.00.25-0.9-0.71-0.69-0.9-0.7-0.82-0.84-0.97-0.89-0.92-0.91-0.7-0.77-0.63-0.83-0.84-0.82-0.84-0.71
0.960.550.78-0.860.23-0.130.980.860.780.980.770.930.94-0.970.970.970.980.820.70.740.920.820.930.940.86
1.00.590.9-0.950.450.01.00.960.831.00.810.981.0-0.890.970.971.00.920.590.820.960.770.980.990.96
0.960.690.77-0.930.360.110.980.890.90.970.880.90.95-0.920.970.970.970.860.760.850.980.870.90.960.89
1.00.580.88-0.930.4-0.041.00.940.821.00.80.980.99-0.910.981.00.970.910.610.80.960.780.980.990.94
0.930.610.93-0.960.680.180.910.970.820.910.850.920.95-0.70.820.920.860.910.480.920.910.730.920.950.97
0.580.640.21-0.58-0.050.20.620.420.730.610.810.430.55-0.770.70.590.760.610.480.670.70.950.430.560.42
0.840.780.74-0.950.680.490.820.870.930.810.980.760.85-0.630.740.820.850.80.920.670.920.840.760.860.87
0.970.720.82-0.980.530.240.960.940.940.960.920.90.97-0.830.920.960.980.960.910.70.920.840.90.970.94
0.760.710.48-0.770.180.20.790.650.830.780.930.650.74-0.840.820.770.870.780.730.950.840.840.650.750.65
0.980.50.96-0.910.49-0.090.970.970.740.980.711.00.98-0.820.930.980.90.980.920.430.760.90.650.980.97
1.00.610.92-0.970.540.070.990.980.850.990.820.981.0-0.840.940.990.960.990.950.560.860.970.750.980.98
0.970.60.97-0.970.680.160.941.00.830.940.790.970.98-0.710.860.960.890.940.970.420.870.940.650.970.98
Click cells to compare fundamentals

Arcellx Account Relationship Matchups

Arcellx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities3.0M5.3M14.8M56.7M118.2M124.1M
Net Tangible Assets(32.7M)(63.7M)(121.5M)205.0M235.7M247.5M
Retained Earnings(33.0M)(65.1M)(130.1M)(318.8M)(389.5M)(370.0M)
Accounts Payable1.7M504K1.3M9.1M2.6M3.0M
Other Assets1.2M3.4M5.7M7.1M1.00.95
Total Current Assets38.1M49.4M112.8M266.9M716.4M752.2M

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 Arcellx Stock Analysis

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