MacroGenics Other Liab vs Short Term Debt Analysis

MGNX Stock  USD 3.64  0.24  7.06%   
MacroGenics financial indicator trend analysis is infinitely more than just investigating MacroGenics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MacroGenics is a good investment. Please check the relationship between MacroGenics Other Liab and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MacroGenics. 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 MacroGenics Stock please use our How to Invest in MacroGenics guide.

Other Liab vs Short Term Debt

Other Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MacroGenics Other Liab account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between MacroGenics' Other Liab and Short Term Debt is -0.16. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of MacroGenics, assuming nothing else is changed. The correlation between historical values of MacroGenics' Other Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of MacroGenics are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Liab i.e., MacroGenics' Other Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Short Term Debt

Most indicators from MacroGenics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MacroGenics 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 MacroGenics. 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 MacroGenics Stock please use our How to Invest in MacroGenics guide.At this time, MacroGenics' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 275.27 in 2024, whereas Selling General Administrative is likely to drop slightly above 37 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses275.8M266.0M217.2M181.0M
Cost Of Revenue2.7M7.4M8.2M7.8M

MacroGenics fundamental ratios Correlations

0.310.380.97-0.240.78-0.33-0.58-0.53-0.130.740.80.410.220.950.390.810.740.080.520.760.210.520.99-0.280.84
0.310.30.240.150.320.010.01-0.280.20.070.330.130.080.250.210.160.50.230.20.30.310.250.29-1.00.16
0.380.30.20.010.670.24-0.02-0.670.640.170.670.380.610.160.450.540.670.290.680.660.70.680.27-0.280.54
0.970.240.2-0.390.62-0.5-0.66-0.33-0.220.780.680.430.190.980.230.680.56-0.120.450.59-0.040.370.98-0.210.71
-0.240.150.01-0.390.10.640.36-0.33-0.14-0.23-0.12-0.73-0.46-0.310.37-0.020.090.84-0.430.060.560.24-0.25-0.16-0.05
0.780.320.670.620.10.15-0.35-0.72-0.040.540.950.310.140.560.750.820.840.410.460.840.650.580.68-0.290.83
-0.330.010.24-0.50.640.150.45-0.360.23-0.380.01-0.46-0.02-0.540.670.040.180.58-0.050.180.62-0.05-0.39-0.010.04
-0.580.01-0.02-0.660.36-0.350.45-0.20.43-0.93-0.31-0.180.04-0.63-0.12-0.22-0.050.42-0.05-0.080.270.06-0.61-0.02-0.25
-0.53-0.28-0.67-0.33-0.33-0.72-0.36-0.2-0.3-0.12-0.72-0.22-0.34-0.31-0.62-0.83-0.89-0.75-0.63-0.91-0.81-0.82-0.440.25-0.83
-0.130.20.64-0.22-0.14-0.040.230.43-0.3-0.380.060.310.69-0.22-0.040.020.220.040.580.20.330.28-0.17-0.20.02
0.740.070.170.78-0.230.54-0.38-0.93-0.12-0.380.510.260.00.740.270.450.29-0.140.220.32-0.080.230.76-0.050.48
0.80.330.670.68-0.120.950.01-0.31-0.720.060.510.560.250.590.660.830.850.280.620.850.540.570.7-0.30.85
0.410.130.380.43-0.730.31-0.46-0.18-0.220.310.260.560.430.32-0.050.350.35-0.310.70.36-0.040.220.34-0.110.38
0.220.080.610.19-0.460.14-0.020.04-0.340.690.00.250.430.16-0.020.330.38-0.210.770.40.140.380.2-0.070.35
0.950.250.160.98-0.310.56-0.54-0.63-0.31-0.220.740.590.320.160.130.660.54-0.070.380.56-0.030.420.98-0.230.68
0.390.210.450.230.370.750.67-0.12-0.62-0.040.270.66-0.05-0.020.130.550.620.520.280.630.660.20.3-0.190.58
0.810.160.540.68-0.020.820.04-0.22-0.830.020.450.830.350.330.660.550.910.40.640.960.590.670.76-0.130.99
0.740.50.670.560.090.840.18-0.05-0.890.220.290.850.350.380.540.620.910.510.680.970.730.690.66-0.480.91
0.080.230.29-0.120.840.410.580.42-0.750.04-0.140.28-0.31-0.21-0.070.520.40.510.020.490.780.590.03-0.230.38
0.520.20.680.45-0.430.46-0.05-0.05-0.630.580.220.620.70.770.380.280.640.680.020.710.320.520.46-0.180.67
0.760.30.660.590.060.840.18-0.08-0.910.20.320.850.360.40.560.630.960.970.490.710.720.70.69-0.280.96
0.210.310.7-0.040.560.650.620.27-0.810.33-0.080.54-0.040.14-0.030.660.590.730.780.320.720.590.11-0.30.56
0.520.250.680.370.240.58-0.050.06-0.820.280.230.570.220.380.420.20.670.690.590.520.70.590.47-0.220.66
0.990.290.270.98-0.250.68-0.39-0.61-0.44-0.170.760.70.340.20.980.30.760.660.030.460.690.110.47-0.260.78
-0.28-1.0-0.28-0.21-0.16-0.29-0.01-0.020.25-0.2-0.05-0.3-0.11-0.07-0.23-0.19-0.13-0.48-0.23-0.18-0.28-0.3-0.22-0.26-0.13
0.840.160.540.71-0.050.830.04-0.25-0.830.020.480.850.380.350.680.580.990.910.380.670.960.560.660.78-0.13
Click cells to compare fundamentals

MacroGenics Account Relationship Matchups

MacroGenics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets312.5M378.7M335.2M280.5M298.4M287.5M
Other Current Liab27.1M26.2M24.4M19.5M24.2M25.5M
Total Current Liabilities45.2M50.7M74.6M48.6M56.1M47.8M
Total Stockholder Equity230.6M295.9M239.6M142.0M152.6M199.6M
Other Liab9.2M6.9M258K59.7M53.8M56.5M
Property Plant And Equipment Net48.2M42.2M37.7M56.9M45.7M32.9M
Current Deferred Revenue10.7M11.4M20.6M69.5M21.7M22.3M
Net Debt(95.9M)(151.9M)(98.0M)(74.1M)(67.0M)(70.3M)
Retained Earnings(642.1M)(771.8M)(973.9M)(1.1B)(1.1B)(1.0B)
Accounts Payable4.3M8.0M15.5M4.9M6.4M6.1M
Cash126.5M181.1M123.5M108.9M101.0M146.4M
Non Current Assets Total72.7M66.1M55.7M58.3M47.1M40.8M
Non Currrent Assets Other24.5M23.9M18.0M(7.7M)1.4M1.3M
Other Assets4.3M23.9M335.2M1.4M1.00.95
Cash And Short Term Investments215.8M272.5M243.6M154.3M229.8M224.7M
Net Receivables12.7M23.1M10.4M56.2M10.4M14.4M
Common Stock Total Equity490K562K613K617K709.6K396.0K
Common Stock Shares Outstanding48.1M52.4M59.9M61.4M61.9M42.1M
Liabilities And Stockholders Equity312.5M378.7M335.2M280.5M298.4M287.5M
Non Current Liabilities Total36.7M32.2M21.0M89.8M89.7M94.2M
Other Current Assets11.3M34.0M42.3M10.2M9.9M11.0M
Other Stockholder Equity872.2M1.1B1.2B1.2B1.3B774.0M
Total Liab81.9M82.9M95.6M138.5M145.8M87.9M
Property Plant And Equipment Gross48.2M42.2M110.5M29.6M134.1M140.8M
Total Current Assets239.8M312.6M279.6M222.2M251.3M246.7M
Accumulated Other Comprehensive Income(61K)(3K)16K(7K)(6K)(6.3K)
Short Term Debt3.0M8.0M9.4M9.5M3.8M3.6M
Common Stock490K562K613K617K621K418.1K
Property Plant Equipment68.4M42.2M37.7M29.6M34.0M30.8M
Net Tangible Assets230.6M295.9M239.6M142.0M163.3M245.6M
Short Term Investments89.3M91.4M120.1M45.5M128.8M91.7M
Capital Surpluse872.2M1.1B1.2B1.2B1.4B817.2M
Deferred Long Term Liab24.9M29.3M6.9M59.5M68.4M71.8M
Net Invested Capital230.6M295.9M239.6M142.0M152.6M183.2M
Net Working Capital194.6M261.9M205.0M173.6M195.2M172.8M

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