Crinetics Cash vs Net Receivables Analysis

CRNX Stock

USD 57.67 0.90 1.59%

Crinetics Pharmaceuticals financial indicator trend analysis is way more than just evaluating Crinetics Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crinetics Pharmaceuticals is a good investment. Please check the relationship between Crinetics Pharmaceuticals Cash and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crinetics Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crinetics Pharmaceuticals Cash account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Crinetics Pharmaceuticals' Cash and Net Receivables is 0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Crinetics Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Crinetics Pharmaceuticals' Cash and Net Receivables 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 of Crinetics Pharmaceuticals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Crinetics Pharmaceuticals' Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Cash

Cash refers to the most liquid asset of Crinetics Pharmaceuticals, which is listed under current asset account on Crinetics Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Crinetics Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different Crinetics Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Crinetics Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Crinetics Stock please use our How to Invest in Crinetics Pharmaceuticals guide.Selling General Administrative is likely to rise to about 61 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 188.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	157K	4.3M	13.4M	14.1M
Net Interest Income	157K	4.3M	13.4M	14.1M

Interest Income Net Interest Income

Crinetics Pharmaceuticals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.87	0.99	0.99	0.5	0.88	0.95	0.9	-0.17	-0.98	0.78	0.52	0.91	0.91	0.17	-0.81	1.0	0.95	0.88	0.84	-0.81	0.56	0.83	0.88	0.74	-0.92
Short Long Term Debt Total	0.87		0.9	0.89	0.85	0.81	0.69	1.0	0.2	-0.85	0.52	0.2	1.0	0.98	-0.16	-0.94	0.85	0.98	0.64	0.59	-0.94	0.85	0.58	0.7	0.36	-0.63
Other Current Liab	0.99	0.9		1.0	0.56	0.92	0.92	0.92	-0.06	-0.99	0.74	0.42	0.93	0.92	0.13	-0.84	0.99	0.97	0.85	0.83	-0.84	0.63	0.77	0.88	0.69	-0.89
Total Current Liabilities	0.99	0.89	1.0		0.53	0.92	0.92	0.91	-0.03	-0.99	0.79	0.39	0.92	0.89	0.16	-0.83	0.98	0.96	0.86	0.85	-0.83	0.62	0.79	0.88	0.72	-0.9
Total Stockholder Equity	0.5	0.85	0.56	0.53		0.5	0.24	0.83	0.48	-0.47	0.06	-0.14	0.81	0.81	-0.53	-0.83	0.47	0.73	0.19	0.14	-0.83	0.91	0.14	0.34	-0.17	-0.14
Other Liab	0.88	0.81	0.92	0.92	0.5		0.8	0.82	0.21	-0.89	0.68	0.11	0.83	0.8	0.11	-0.76	0.87	0.87	0.66	0.73	-0.76	0.6	0.68	0.78	0.59	-0.79
Net Tangible Assets	0.95	0.69	0.92	0.92	0.24	0.8		0.73	-0.39	-0.93	0.84	0.67	0.74	0.76	0.36	-0.63	0.97	0.82	0.93	0.88	-0.63	0.29	0.92	0.85	0.88	-0.98
Property Plant And Equipment Net	0.9	1.0	0.92	0.91	0.83	0.82	0.73		0.17	-0.88	0.56	0.22	1.0	0.98	-0.13	-0.94	0.88	0.99	0.68	0.63	-0.94	0.83	0.61	0.73	0.41	-0.67
Net Debt	-0.17	0.2	-0.06	-0.03	0.48	0.21	-0.39	0.17		0.09	-0.22	-0.92	0.16	0.05	-0.42	-0.23	-0.2	0.07	-0.4	-0.27	-0.23	0.51	-0.41	-0.2	-0.49	0.37
Retained Earnings	-0.98	-0.85	-0.99	-0.99	-0.47	-0.89	-0.93	-0.88	0.09		-0.81	-0.43	-0.89	-0.86	-0.2	0.78	-0.98	-0.93	-0.89	-0.9	0.78	-0.59	-0.77	-0.9	-0.77	0.93
Accounts Payable	0.78	0.52	0.74	0.79	0.06	0.68	0.84	0.56	-0.22	-0.81		0.43	0.58	0.51	0.51	-0.39	0.79	0.65	0.88	0.91	-0.39	0.14	0.86	0.64	0.92	-0.88
Cash	0.52	0.2	0.42	0.39	-0.14	0.11	0.67	0.22	-0.92	-0.43	0.43		0.24	0.34	0.35	-0.16	0.54	0.32	0.66	0.5	-0.16	-0.17	0.64	0.48	0.64	-0.62
Non Current Assets Total	0.91	1.0	0.93	0.92	0.81	0.83	0.74	1.0	0.16	-0.89	0.58	0.24		0.98	-0.11	-0.94	0.89	0.99	0.7	0.65	-0.94	0.82	0.62	0.74	0.43	-0.68
Non Currrent Assets Other	0.91	0.98	0.92	0.89	0.81	0.8	0.76	0.98	0.05	-0.86	0.51	0.34	0.98		-0.19	-0.92	0.89	0.97	0.65	0.6	-0.92	0.78	0.63	0.75	0.4	-0.67
Other Assets	0.17	-0.16	0.13	0.16	-0.53	0.11	0.36	-0.13	-0.42	-0.2	0.51	0.35	-0.11	-0.19		0.2	0.19	-0.01	0.51	0.42	0.2	-0.47	0.5	0.01	0.59	-0.43
Long Term Debt	-0.81	-0.94	-0.84	-0.83	-0.83	-0.76	-0.63	-0.94	-0.23	0.78	-0.39	-0.16	-0.94	-0.92	0.2		-0.79	-0.92	-0.58	-0.44	1.0	-0.84	-0.49	-0.67	-0.28	0.56
Cash And Short Term Investments	1.0	0.85	0.99	0.98	0.47	0.87	0.97	0.88	-0.2	-0.98	0.79	0.54	0.89	0.89	0.19	-0.79		0.94	0.89	0.85	-0.79	0.53	0.85	0.88	0.76	-0.93
Net Receivables	0.95	0.98	0.97	0.96	0.73	0.87	0.82	0.99	0.07	-0.93	0.65	0.32	0.99	0.97	-0.01	-0.92	0.94		0.77	0.72	-0.92	0.75	0.71	0.78	0.53	-0.77
Common Stock Total Equity	0.88	0.64	0.85	0.86	0.19	0.66	0.93	0.68	-0.4	-0.89	0.88	0.66	0.7	0.65	0.51	-0.58	0.89	0.77		0.9	-0.58	0.26	0.87	0.75	0.9	-0.94
Common Stock Shares Outstanding	0.84	0.59	0.83	0.85	0.14	0.73	0.88	0.63	-0.27	-0.9	0.91	0.5	0.65	0.6	0.42	-0.44	0.85	0.72	0.9		-0.44	0.29	0.76	0.82	0.91	-0.94
Long Term Debt Total	-0.81	-0.94	-0.84	-0.83	-0.83	-0.76	-0.63	-0.94	-0.23	0.78	-0.39	-0.16	-0.94	-0.92	0.2	1.0	-0.79	-0.92	-0.58	-0.44		-0.84	-0.49	-0.67	-0.28	0.56
Non Current Liabilities Total	0.56	0.85	0.63	0.62	0.91	0.6	0.29	0.83	0.51	-0.59	0.14	-0.17	0.82	0.78	-0.47	-0.84	0.53	0.75	0.26	0.29	-0.84		0.08	0.54	-0.03	-0.27
Capital Surpluse	0.83	0.58	0.77	0.79	0.14	0.68	0.92	0.61	-0.41	-0.77	0.86	0.64	0.62	0.63	0.5	-0.49	0.85	0.71	0.87	0.76	-0.49	0.08		0.57	0.83	-0.86
Inventory	0.88	0.7	0.88	0.88	0.34	0.78	0.85	0.73	-0.2	-0.9	0.64	0.48	0.74	0.75	0.01	-0.67	0.88	0.78	0.75	0.82	-0.67	0.54	0.57		0.73	-0.88
Other Current Assets	0.74	0.36	0.69	0.72	-0.17	0.59	0.88	0.41	-0.49	-0.77	0.92	0.64	0.43	0.4	0.59	-0.28	0.76	0.53	0.9	0.91	-0.28	-0.03	0.83	0.73		-0.94
Other Stockholder Equity	-0.92	-0.63	-0.89	-0.9	-0.14	-0.79	-0.98	-0.67	0.37	0.93	-0.88	-0.62	-0.68	-0.67	-0.43	0.56	-0.93	-0.77	-0.94	-0.94	0.56	-0.27	-0.86	-0.88	-0.94

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Crinetics Pharmaceuticals Account Relationship Matchups

Crinetics Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	130.4M	183.4M	351.0M	352.2M	635.4M	667.1M
Other Current Liab	2.8M	7.0M	12.6M	17.5M	31.2M	32.7M
Total Current Liabilities	8.3M	10.5M	16.0M	27.7M	43.9M	46.1M
Total Stockholder Equity	(93.8M)	(167.6M)	(275.3M)	(439.2M)	539.1M	566.1M
Net Tangible Assets	117.1M	168.9M	331.9M	316.3M	363.8M	382.0M
Property Plant And Equipment Net	6.5M	5.4M	4.7M	5.0M	57.4M	60.3M
Net Debt	(35.5M)	(89.1M)	(197.6M)	(30.6M)	(3.2M)	(3.3M)
Retained Earnings	(93.8M)	(167.6M)	(275.3M)	(439.2M)	(653.7M)	(621.0M)
Accounts Payable	5.5M	3.5M	3.4M	6.9M	6.5M	3.9M
Cash	40.3M	93.1M	200.7M	32.7M	54.9M	67.8M
Non Current Assets Total	7.0M	6.0M	6.3M	7.0M	61.2M	64.3M
Non Currrent Assets Other	82K	40K	568K	37K	2M	2.1M
Other Assets	582K	2.8M	568K	2.0M	1.0	0.95
Cash And Short Term Investments	118.4M	170.9M	333.7M	334.4M	558.6M	586.5M
Net Receivables	1.4M	1.8M	2.0M	2.4M	9.4M	9.8M
Common Stock Shares Outstanding	24.2M	30.4M	38.4M	52.0M	58.1M	33.4M
Liabilities And Stockholders Equity	(80.6M)	(153.1M)	(256.2M)	(403.3M)	635.4M	667.1M
Non Current Liabilities Total	4.9M	4.0M	3.1M	8.1M	52.3M	54.9M
Other Current Assets	4.9M	4.8M	8.1M	10.8M	6.2M	5.0M
Other Stockholder Equity	(210.9M)	(336.5M)	(607.2M)	(755.5M)	(680.0M)	(646.0M)
Total Liab	13.2M	14.5M	19.1M	35.8M	96.2M	101.1M
Property Plant And Equipment Gross	6.5M	3.2M	8.2M	9.1M	62.5M	65.6M
Total Current Assets	123.3M	177.5M	344.7M	345.2M	574.2M	602.9M
Accumulated Other Comprehensive Income	148K	25K	(382K)	(3.9M)	977K	1.0M
Non Current Liabilities Other	202K	4.8M	4.0M	2K	2.3K	2.2K
Common Stock	210.8M	336.5M	607.6M	759.4M	1.2B	1.3B
Property Plant Equipment	6.5M	5.4M	4.7M	5.0M	5.7M	4.2M
Net Invested Capital	117.1M	168.9M	331.9M	316.3M	539.1M	566.1M
Net Working Capital	115.0M	167.0M	328.7M	317.5M	530.2M	556.7M
Short Term Investments	78.1M	77.8M	133.0M	301.8M	503.7M	528.8M
Capital Stock	210.8M	336.5M	607.6M	759.4M	1.2B	1.3B

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Crinetics Cash vs Net Receivables Analysis

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash

Net Receivables

Crinetics Pharmaceuticals fundamental ratios Correlations

Crinetics Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Crinetics Pharmaceuticals fundamental ratios Accounts

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Additional Tools for Crinetics Stock Analysis

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Cash And Short Term Investments	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt Total	+ 1.0	Long Term Debt

Retained Earnings	- 0.99	Total Current Liabilities
Retained Earnings	- 0.99	Other Current Liab
Cash And Short Term Investments	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.98	Net Tangible Assets
Retained Earnings	- 0.98	Total Assets
Other Stockholder Equity	- 0.94	Other Current Assets