Codexis Total Assets vs Property Plant And Equipment Gross Analysis

CDXS Stock  USD 4.89  0.12  2.52%   
Codexis financial indicator trend analysis is way more than just evaluating Codexis prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codexis is a good investment. Please check the relationship between Codexis Total Assets and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Codexis Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Codexis' Total Assets and Property Plant And Equipment Gross is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Codexis, assuming nothing else is changed. The correlation between historical values of Codexis' Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Codexis are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Codexis' Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Codexis 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 Codexis 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.

Property Plant And Equipment Gross

Most indicators from Codexis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codexis 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 Codexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.Tax Provision is likely to gain to about 194.2 K in 2024, whereas Selling General Administrative is likely to drop slightly above 35.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense7.6M1.4M1.7M1.9M
Depreciation And Amortization5.9M10.3M9.9M6.9M

Codexis fundamental ratios Correlations

0.910.940.780.920.960.14-0.8-0.52-0.030.910.90.110.950.970.190.680.40.20.830.750.620.780.980.72-0.07
0.910.840.720.760.940.19-0.71-0.57-0.290.880.82-0.110.860.920.10.650.55-0.050.760.710.730.790.890.76-0.37
0.940.840.910.850.930.36-0.66-0.620.130.770.910.310.830.940.150.710.30.360.850.770.590.860.880.58-0.03
0.780.720.910.640.80.68-0.47-0.610.190.590.810.220.630.850.040.620.30.460.720.670.620.810.710.53-0.1
0.920.760.850.640.84-0.02-0.77-0.560.090.830.810.20.880.890.440.80.050.220.790.850.270.640.910.590.1
0.960.940.930.80.840.18-0.62-0.5-0.030.80.960.10.830.950.140.650.460.220.860.710.680.810.880.74-0.08
0.140.190.360.68-0.020.180.01-0.460.040.050.210.080.030.27-0.070.230.090.240.170.220.350.420.10.08-0.27
-0.8-0.71-0.66-0.47-0.77-0.620.010.510.32-0.96-0.460.07-0.95-0.75-0.14-0.61-0.310.18-0.54-0.67-0.43-0.51-0.91-0.550.35
-0.52-0.57-0.62-0.61-0.56-0.5-0.460.510.1-0.55-0.4-0.02-0.51-0.59-0.36-0.860.190.03-0.54-0.85-0.09-0.74-0.54-0.130.41
-0.03-0.290.130.190.09-0.030.040.320.1-0.330.180.29-0.19-0.030.06-0.05-0.390.92-0.01-0.04-0.250.07-0.13-0.330.71
0.910.880.770.590.830.80.05-0.96-0.55-0.330.64-0.10.980.870.120.680.43-0.140.670.740.580.640.970.69-0.38
0.90.820.910.810.810.960.21-0.46-0.40.180.640.250.710.880.170.550.360.440.860.620.590.780.780.660.18
0.11-0.110.310.220.20.10.080.07-0.020.29-0.10.250.00.070.080.12-0.260.310.410.1-0.140.140.04-0.130.49
0.950.860.830.630.880.830.03-0.95-0.51-0.190.980.710.00.90.160.650.390.00.710.720.560.660.990.67-0.22
0.970.920.940.850.890.950.27-0.75-0.59-0.030.870.880.070.90.220.750.370.20.770.80.620.760.940.76-0.18
0.190.10.150.040.440.14-0.07-0.14-0.360.060.120.170.080.160.220.43-0.61-0.060.070.38-0.470.030.180.130.21
0.680.650.710.620.80.650.23-0.61-0.86-0.050.680.550.120.650.750.43-0.170.030.660.990.080.60.690.38-0.24
0.40.550.30.30.050.460.09-0.310.19-0.390.430.36-0.260.390.37-0.61-0.17-0.130.25-0.10.930.280.390.59-0.39
0.2-0.050.360.460.220.220.240.180.030.92-0.140.440.310.00.2-0.060.03-0.130.230.080.060.290.07-0.090.67
0.830.760.850.720.790.860.17-0.54-0.54-0.010.670.860.410.710.770.070.660.250.230.730.470.80.750.490.06
0.750.710.770.670.850.710.22-0.67-0.85-0.040.740.620.10.720.80.380.99-0.10.080.730.160.670.760.43-0.23
0.620.730.590.620.270.680.35-0.43-0.09-0.250.580.59-0.140.560.62-0.470.080.930.060.470.160.560.580.66-0.37
0.780.790.860.810.640.810.42-0.51-0.740.070.640.780.140.660.760.030.60.280.290.80.670.560.710.3-0.15
0.980.890.880.710.910.880.1-0.91-0.54-0.130.970.780.040.990.940.180.690.390.070.750.760.580.710.7-0.19
0.720.760.580.530.590.740.08-0.55-0.13-0.330.690.66-0.130.670.760.130.380.59-0.090.490.430.660.30.7-0.24
-0.07-0.37-0.03-0.10.1-0.08-0.270.350.410.71-0.380.180.49-0.22-0.180.21-0.24-0.390.670.06-0.23-0.37-0.15-0.19-0.24
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Codexis Account Relationship Matchups

Codexis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets149.1M221.6M246.4M250.4M136.6M124.1M
Short Long Term Debt Total26.1M25.0M47.7M43.6M16.0M17.2M
Other Current Liab11.5M14.9M19.6M21.4M16.0M13.6M
Total Current Liabilities15.4M25.0M33.4M49.1M35.8M28.4M
Total Stockholder Equity105.5M170.1M164.4M144.8M86.6M56.1M
Property Plant And Equipment Net30.4M31.2M65.5M61.9M28.6M21.9M
Current Deferred Revenue57K1.8M2.6M13.7M10.1M10.6M
Net Debt(64.4M)(124.2M)(69.1M)(70.3M)(49.1M)(51.5M)
Retained Earnings(342.4M)(366.4M)(387.7M)(421.3M)(497.5M)(472.7M)
Accounts Payable2.6M3.0M3.0M3.2M5.9M4.0M
Cash90.5M149.1M116.8M114.0M65.1M60.0M
Non Current Assets Total34.9M37.2M84.5M87.5M43.1M36.4M
Non Currrent Assets Other1.2M1.4M1.8M1.9M2.3M1.8M
Cash And Short Term Investments90.5M150.1M116.8M114.0M65.1M66.9M
Net Receivables20.2M29.3M37.7M40.9M19.9M15.8M
Common Stock Shares Outstanding56.5M59.4M64.6M65.3M68.1M41.4M
Liabilities And Stockholders Equity149.1M221.6M246.4M250.4M136.6M124.1M
Non Current Liabilities Total28.2M26.6M48.6M56.5M14.1M13.4M
Inventory371K964K1.2M2.0M2.7M1.4M
Other Current Assets3.2M4.1M6.3M6.0M5.7M2.9M
Other Stockholder Equity447.9M536.5M552.1M566.1M584.1M340.0M
Total Liab43.6M51.5M82.0M105.6M49.9M49.4M
Property Plant And Equipment Gross30.4M31.2M65.5M61.9M67.9M71.3M
Total Current Assets114.2M184.4M161.9M162.9M93.5M87.7M
Short Term Debt1.2M5.3M8.2M10.7M(2.7M)(2.6M)
Other Liab3.2M4.2M5.1M18.3M16.4M17.2M
Other Assets1.2M1.4M1.8M1.9M1.7M1.6M
Property Plant Equipment6.3M9.7M65.5M61.9M71.2M74.7M
Net Tangible Assets102.3M166.9M161.2M141.6M162.8M170.9M
Retained Earnings Total Equity(330.5M)(342.4M)(366.4M)(387.7M)(348.9M)(366.4M)
Capital Surpluse386.8M447.9M536.5M552.1M634.9M406.3M
Long Term Investments0.01.5M14.0M20.5M9.7M5.5M

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