Coherus Retained Earnings vs Non Currrent Assets Other Analysis

CHRS Stock  USD 1.22  0.04  3.17%   
Coherus BioSciences financial indicator trend analysis is way more than just evaluating Coherus BioSciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coherus BioSciences is a good investment. Please check the relationship between Coherus BioSciences Retained Earnings and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherus BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Coherus Stock please use our How to Invest in Coherus BioSciences guide.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coherus BioSciences Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Coherus BioSciences' Retained Earnings and Non Currrent Assets Other is -0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Coherus BioSciences, assuming nothing else is changed. The correlation between historical values of Coherus BioSciences' Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Coherus BioSciences are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Coherus BioSciences' Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Coherus BioSciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coherus BioSciences 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 Coherus BioSciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Coherus Stock please use our How to Invest in Coherus BioSciences guide.Selling General Administrative is likely to drop to about 100.1 M in 2024. Tax Provision is likely to gain to about (361 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense23.0M32.5M40.5M42.6M
Depreciation And Amortization5.7M3.7M3.8M2.0M

Coherus BioSciences fundamental ratios Correlations

0.830.860.660.49-0.040.010.76-0.40.46-0.880.670.550.590.610.780.630.70.960.330.880.740.710.980.770.9
0.830.930.690.470.220.340.72-0.320.29-0.680.510.810.550.580.840.880.760.770.250.930.860.790.80.820.88
0.860.930.760.52-0.10.160.58-0.370.56-0.820.510.580.650.720.880.70.780.840.520.980.90.90.870.890.96
0.660.690.760.91-0.43-0.10.4-0.430.77-0.830.510.340.90.810.920.40.970.620.270.70.620.890.660.950.69
0.490.470.520.91-0.53-0.080.36-0.140.66-0.720.650.170.940.830.740.180.870.490.070.480.30.690.490.820.49
-0.040.22-0.1-0.43-0.530.460.340.04-0.790.41-0.180.63-0.53-0.49-0.220.54-0.28-0.1-0.44-0.030.06-0.33-0.1-0.32-0.11
0.010.340.16-0.1-0.080.460.150.62-0.520.160.150.61-0.070.07-0.050.57-0.07-0.02-0.220.240.090.0-0.030.070.11
0.760.720.580.40.360.340.15-0.120.06-0.570.670.680.450.460.570.70.530.740.040.650.480.430.720.530.66
-0.4-0.32-0.37-0.43-0.140.040.62-0.12-0.490.420.16-0.12-0.16-0.05-0.49-0.16-0.44-0.35-0.21-0.29-0.52-0.41-0.43-0.35-0.33
0.460.290.560.770.66-0.79-0.520.06-0.49-0.750.25-0.220.720.670.71-0.080.690.480.660.490.490.770.520.710.55
-0.88-0.68-0.82-0.83-0.720.410.16-0.570.42-0.75-0.64-0.32-0.82-0.82-0.85-0.42-0.81-0.91-0.45-0.81-0.66-0.82-0.92-0.89-0.85
0.670.510.510.510.65-0.180.150.670.160.25-0.640.290.680.690.470.290.540.72-0.030.560.230.380.660.550.59
0.550.810.580.340.170.630.610.68-0.12-0.22-0.320.290.230.280.480.980.430.47-0.160.620.560.40.50.490.53
0.590.550.650.90.94-0.53-0.070.45-0.160.72-0.820.680.230.950.780.280.850.630.240.610.390.760.610.880.63
0.610.580.720.810.83-0.490.070.46-0.050.67-0.820.690.280.950.730.360.750.680.380.690.430.770.640.860.71
0.780.840.880.920.74-0.22-0.050.57-0.490.71-0.850.470.480.780.730.580.960.730.450.860.850.960.780.960.84
0.630.880.70.40.180.540.570.7-0.16-0.08-0.420.290.980.280.360.580.480.560.070.740.690.540.590.580.66
0.70.760.780.970.87-0.28-0.070.53-0.440.69-0.810.540.430.850.750.960.480.650.250.740.690.890.690.940.72
0.960.770.840.620.49-0.1-0.020.74-0.350.48-0.910.720.470.630.680.730.560.650.370.860.660.680.980.740.89
0.330.250.520.270.07-0.44-0.220.04-0.210.66-0.45-0.03-0.160.240.380.450.070.250.370.520.580.620.380.410.55
0.880.930.980.70.48-0.030.240.65-0.290.49-0.810.560.620.610.690.860.740.740.860.520.90.870.880.860.98
0.740.860.90.620.30.060.090.48-0.520.49-0.660.230.560.390.430.850.690.690.660.580.90.850.740.760.87
0.710.790.90.890.69-0.330.00.43-0.410.77-0.820.380.40.760.770.960.540.890.680.620.870.850.720.960.85
0.980.80.870.660.49-0.1-0.030.72-0.430.52-0.920.660.50.610.640.780.590.690.980.380.880.740.720.780.92
0.770.820.890.950.82-0.320.070.53-0.350.71-0.890.550.490.880.860.960.580.940.740.410.860.760.960.780.85
0.90.880.960.690.49-0.110.110.66-0.330.55-0.850.590.530.630.710.840.660.720.890.550.980.870.850.920.85
Click cells to compare fundamentals

Coherus BioSciences Account Relationship Matchups

Coherus BioSciences fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding73.2M83.5M75.4M77.6M94.2M54.8M
Total Assets408.9M841.6M679.3M480.8M629.6M362.5M
Short Long Term Debt Total180.6M404.0M408.3M471.1M480.8M248.2M
Other Current Liab89.0M127.3M145.7M122.9M294.4M309.1M
Total Current Liabilities115.0M81.5M79.0M54.5M331.8M348.4M
Total Stockholder Equity105.2M281.0M97.7M(137.4M)(193.4M)(183.8M)
Other Liab102K75.1M94.3M3.5M4.0M3.8M
Property Plant And Equipment Net16.5M20.1M7.8M8.8M11.0M10.3M
Net Debt718K(137.1M)(8.9M)407.5M378.0M396.8M
Retained Earnings(895.0M)(762.8M)(1.0B)(1.3B)(1.6B)(1.5B)
Accounts Payable26.0M15.2M16.2M11.5M35.2M18.7M
Cash177.7M541.2M417.2M63.5M102.9M182.4M
Non Current Assets Total34.2M51.3M45.9M64.2M154.0M161.7M
Non Currrent Assets Other14.1M27.6M34.5M49.5M71.3M74.8M
Other Assets45.9M60.5M45.9M64.2M73.8M77.5M
Cash And Short Term Investments177.7M541.2M417.2M191.7M117.7M195.5M
Net Receivables142.0M157.0M123.0M110.0M260.5M273.5M
Liabilities And Stockholders Equity408.9M841.6M679.3M480.8M629.6M362.5M
Non Current Liabilities Total303.7M479.1M502.6M563.8M491.3M288.9M
Inventory55.1M92.2M93.3M115.1M62.6M41.2M
Other Current Assets13.5M25.0M24.5M40.8M34.8M36.5M
Other Stockholder Equity1.0B1.0B1.1B1.2B1.4B785.7M
Total Liab303.7M560.7M581.6M618.3M823.0M864.2M
Property Plant And Equipment Gross16.5M20.1M24.7M28.9M25.8M15.1M
Total Current Assets374.7M790.4M633.5M416.7M475.6M311.1M
Accumulated Other Comprehensive Income(282K)(558K)(270K)(249K)(248K)(260.4K)
Property Plant Equipment16.5M48.0M63.4M85.0M97.8M102.7M
Net Tangible Assets101.7M277.4M97.7M(143.3M)(164.9M)(156.6M)
Long Term Debt178.4M377.4M408.3M225.6M473.4M497.0M
Retained Earnings Total Equity(895.0M)(762.8M)(1.0B)(1.3B)(1.2B)(1.1B)
Capital Surpluse1.0B1.0B1.1B1.2B1.4B900.6M
Non Current Liabilities Other102K37.6M94.3M254.0M11.5M10.9M

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