Sangamo Net Income vs Free Cash Flow Analysis
SGMO Stock | USD 1.94 0.21 9.77% |
Sangamo Therapeutics financial indicator trend analysis is much more than just breaking down Sangamo Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sangamo Therapeutics is a good investment. Please check the relationship between Sangamo Therapeutics Net Income and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo 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 population. To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sangamo Therapeutics Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sangamo Therapeutics' Net Income and Free Cash Flow is 0.73. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Sangamo Therapeutics, assuming nothing else is changed. The correlation between historical values of Sangamo Therapeutics' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Sangamo Therapeutics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Sangamo Therapeutics' Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sangamo Therapeutics financial statement analysis. It represents the amount of money remaining after all of Sangamo Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Sangamo Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sangamo 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo 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 population. To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.As of the 4th of December 2024, Selling General Administrative is likely to grow to about 64.2 M, though Tax Provision is likely to grow to (4.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 17.6M | 20.6M | 24.6M | 14.1M | Net Interest Income | 5.3M | 9.4M | 13.3M | 7.9M |
Sangamo Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Sangamo Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sangamo Therapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 637.5M | 938.6M | 721.9M | 562.5M | 165.3M | 218.1M | |
Total Stockholder Equity | 432.7M | 497.4M | 375.3M | 295.0M | 82.9M | 144.6M | |
Retained Earnings | (657.0M) | (778.0M) | (956.3M) | (1.1B) | (1.4B) | (1.3B) | |
Other Assets | 10.6M | 15.1M | 16.8M | 18.5M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 112.1M | 134.4M | 144.6M | 154.3M | 174.4M | 183.2M | |
Liabilities And Stockholders Equity | 637.5M | 938.6M | 721.9M | 562.5M | 165.3M | 218.1M | |
Other Stockholder Equity | 1.1B | 1.3B | 1.3B | 1.5B | 1.5B | 1.6B | |
Total Liab | 204.8M | 441.2M | 346.6M | 267.6M | 82.4M | 73.5M | |
Short Long Term Debt Total | 44.4M | 42.1M | 48.1M | 43.1M | 38.1M | 30.0M | |
Other Current Liab | 21.3M | 127.3M | 28.4M | 33.4M | 27.9M | 14.0M | |
Total Current Liabilities | 69.9M | 143.5M | 127.9M | 111.7M | 47.7M | 34.0M | |
Property Plant And Equipment Net | 107.2M | 112.4M | 124.7M | 125.5M | 52.9M | 29.2M | |
Accounts Payable | 6.7M | 12.6M | 9.8M | 22.4M | 15.3M | 16.0M | |
Cash | 80.4M | 131.3M | 178.9M | 100.4M | 45.2M | 45.0M | |
Non Current Assets Total | 232.0M | 278.9M | 323.2M | 262.2M | 71.0M | 68.1M | |
Non Currrent Assets Other | 4.0M | 7.9M | 10.2M | 12.3M | 18.1M | 19.0M | |
Cash And Short Term Investments | 385.0M | 692.0M | 464.7M | 277.6M | 81.0M | 77.0M | |
Net Receivables | 37.6M | 6.3M | 6.4M | 4.5M | 1.3M | 1.3M | |
Common Stock Total Equity | 1.2M | 1.4M | 1.5M | 1.7M | 1.5M | 1.4M | |
Short Term Investments | 282.0M | 510.1M | 197.7M | 177.2M | 35.8M | 34.0M | |
Non Current Liabilities Total | 134.9M | 297.6M | 218.7M | 155.8M | 34.7M | 57.7M | |
Property Plant And Equipment Gross | 107.2M | 112.4M | 149.7M | 162.1M | 103.9M | 109.1M | |
Total Current Assets | 405.5M | 659.7M | 398.8M | 300.3M | 94.3M | 175.7M | |
Accumulated Other Comprehensive Income | (2.4M) | 5.4M | (4.0M) | (8.4M) | (4.6M) | (4.4M) | |
Common Stock | 1.2M | 1.4M | 1.5M | 1.7M | 1.8M | 1.7M | |
Net Debt | (36.0M) | (89.2M) | (130.8M) | (57.3M) | (7.1M) | (7.5M) | |
Other Current Assets | 5.4M | 24.0M | 31.7M | 36.4M | 12M | 12.6M | |
Property Plant Equipment | 29.9M | 41.3M | 51.5M | 63.5M | 73.1M | 76.7M | |
Current Deferred Revenue | 38.7M | 96.6M | 85.7M | 51.8M | 59.5M | 62.5M | |
Intangible Assets | 53.2M | 58.1M | 53.8M | 50.7M | 58.3M | 61.3M | |
Other Liab | 93.7M | 259.2M | 174.6M | 116.9M | 134.4M | 141.1M | |
Net Tangible Assets | 340.1M | 397.3M | 281.9M | 206.7M | 237.7M | 227.0M | |
Retained Earnings Total Equity | (657.0M) | (778.0M) | (956.3M) | (1.1B) | (1.0B) | (982.0M) | |
Capital Surpluse | 1.1B | 1.3B | 1.3B | 1.5B | 1.7B | 873.1M | |
Inventory | (22.5M) | (50.5M) | (88.2M) | 1.0 | 0.9 | 0.95 | |
Deferred Long Term Liab | 6.6M | 7.2M | 6.6M | 6.3M | 7.2M | 9.3M |
Pair Trading with Sangamo Therapeutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sangamo Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sangamo Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving against Sangamo Stock
0.78 | ME | 23Andme Holding | PairCorr |
0.69 | VALN | Valneva SE ADR | PairCorr |
0.67 | DOMH | Dominari Holdings | PairCorr |
0.59 | DRMA | Dermata Therapeutics | PairCorr |
0.56 | A | Agilent Technologies | PairCorr |
The ability to find closely correlated positions to Sangamo Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sangamo Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sangamo Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sangamo Therapeutics to buy it.
The correlation of Sangamo Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sangamo Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sangamo Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sangamo Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sangamo 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 population. To learn how to invest in Sangamo Stock, please use our How to Invest in Sangamo Therapeutics guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sangamo Therapeutics. If investors know Sangamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sangamo Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.24) | Revenue Per Share 0.066 | Quarterly Revenue Growth (0.95) | Return On Assets (0.58) | Return On Equity (1.94) |
The market value of Sangamo Therapeutics is measured differently than its book value, which is the value of Sangamo that is recorded on the company's balance sheet. Investors also form their own opinion of Sangamo Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sangamo Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sangamo Therapeutics' market value can be influenced by many factors that don't directly affect Sangamo Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sangamo Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sangamo Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sangamo Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.