MacroGenics Property Plant And Equipment Net vs Common Stock Shares Outstanding 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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MacroGenics Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MacroGenics' Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of MacroGenics, assuming nothing else is changed. The correlation between historical values of MacroGenics' Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of MacroGenics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., MacroGenics' Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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