Leap Total Current Assets vs Accounts Payable Analysis
LPTX Stock | USD 3.30 0.14 4.43% |
Leap Therapeutics financial indicator trend analysis is infinitely more than just investigating Leap Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leap Therapeutics is a good investment. Please check the relationship between Leap Therapeutics Total Current Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.
Total Current Assets vs Accounts Payable
Total Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leap Therapeutics Total Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Leap Therapeutics' Total Current Assets and Accounts Payable is 0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Leap Therapeutics, assuming nothing else is changed. The correlation between historical values of Leap Therapeutics' Total Current Assets and Accounts Payable 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 Current Assets of Leap Therapeutics are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Assets i.e., Leap Therapeutics' Total Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Accounts Payable
An accounting item on the balance sheet that represents Leap Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Leap Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Leap Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leap Therapeutics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leap Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Leap Stock please use our How to Invest in Leap Therapeutics guide.Selling General Administrative is likely to drop to about 8.7 M in 2024. Tax Provision is expected to grow at the current pace this year
Leap Therapeutics fundamental ratios Correlations
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Leap Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leap Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Other Current Liab | 3.4M | 3.0M | 4.9M | 4.7M | 5.7M | 3.0M | |
Total Current Liabilities | 8.5M | 7.4M | 10.0M | 11.2M | 12.7M | 9.7M | |
Total Stockholder Equity | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 63.1M | |
Property Plant And Equipment Net | 1.2M | 593K | 495K | 689K | 262K | 444.1K | |
Net Debt | (2.9M) | (51.5M) | (114.4M) | (64.8M) | (70.4M) | (66.9M) | |
Retained Earnings | (195.2M) | (223.0M) | (263.6M) | (318.2M) | (399.6M) | (379.6M) | |
Accounts Payable | 4.6M | 2.7M | 4.2M | 5.7M | 6.5M | 6.8M | |
Cash | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 38.1M | |
Non Current Assets Total | 3.2M | 2.1M | 1.0M | 2.4M | 1.2M | 1.9M | |
Non Currrent Assets Other | 1.9M | 1.3M | 383K | 1.7M | 966K | 1.3M | |
Cash And Short Term Investments | 3.9M | 52.1M | 114.9M | 65.5M | 70.6M | 42.0M | |
Net Receivables | 185K | 73K | 1.2M | 2.1M | 771K | 1.0M | |
Common Stock Total Equity | 15K | 24K | 60K | 88K | 101.2K | 106.3K | |
Common Stock Shares Outstanding | 2.3M | 5.9M | 8.6M | 11.3M | 20.4M | 21.5M | |
Liabilities And Stockholders Equity | 7.4M | 54.4M | 117.9M | 70.4M | 72.8M | 45.2M | |
Non Current Liabilities Total | 3.4M | 711K | 348K | 37K | 262K | 0.0 | |
Other Current Assets | 165K | 130K | 769K | 351K | 183K | 284.3K | |
Other Stockholder Equity | 193.3M | 270.2M | 371.6M | 376.8M | 459.6M | 482.6M | |
Total Liab | 9.2M | 7.7M | 10.0M | 11.5M | 12.7M | 8.8M | |
Property Plant And Equipment Gross | 1.2M | 593K | 495K | 689K | 483K | 464.4K | |
Total Current Assets | 4.2M | 52.3M | 116.9M | 68.0M | 71.6M | 43.3M | |
Accumulated Other Comprehensive Income | 76K | (579K) | (267K) | 128K | 106K | 100.7K | |
Common Stock | 24K | 60K | 88K | 99K | 26K | 27.3K | |
Net Tangible Assets | (1.7M) | 46.7M | 107.9M | 58.9M | 67.7M | 71.1M | |
Other Assets | 2.1M | 2.0M | 542K | 1.7M | 2.0M | 1.5M | |
Property Plant Equipment | 1.2M | 65K | 36K | 689K | 792.4K | 832.0K | |
Capital Surpluse | 162.4M | 193.3M | 270.2M | 371.6M | 427.4M | 448.8M | |
Deferred Long Term Liab | 162K | 831K | 345K | 576K | 518.4K | 442.1K | |
Non Current Liabilities Other | 3.4M | 159K | 348K | 37K | 33.3K | 31.6K | |
Retained Earnings Total Equity | (153.5M) | (195.2M) | (223.0M) | (263.6M) | (237.2M) | (249.1M) | |
Net Invested Capital | (1.7M) | 46.7M | 107.9M | 58.9M | 60.1M | 45.9M | |
Net Working Capital | (4.2M) | 44.9M | 106.9M | 56.7M | 58.9M | 46.5M | |
Capital Stock | 24K | 60K | 88K | 99K | 26K | 24.7K |
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