Tscan Other Stockholder Equity vs Total Current Liabilities Analysis

TCRX Stock  USD 4.77  0.13  2.80%   
Tscan Therapeutics financial indicator trend analysis is much more than just breaking down Tscan Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tscan Therapeutics is a good investment. Please check the relationship between Tscan Therapeutics Other Stockholder Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tscan 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 metropolitan statistical area.
For more information on how to buy Tscan Stock please use our How to Invest in Tscan Therapeutics guide.

Other Stockholder Equity vs Total Current Liabilities

Other Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tscan Therapeutics Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tscan Therapeutics' Other Stockholder Equity and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Tscan Therapeutics, assuming nothing else is changed. The correlation between historical values of Tscan Therapeutics' Other Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Tscan Therapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Tscan Therapeutics' Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Current Liabilities

Total Current Liabilities is an item on Tscan Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tscan Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Tscan Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tscan 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 Tscan 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 metropolitan statistical area.
For more information on how to buy Tscan Stock please use our How to Invest in Tscan Therapeutics guide.At this time, Tscan Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 358.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income17K1.6M6.3M6.6M
Net Interest Income16K415K2.4M2.5M

Tscan Therapeutics fundamental ratios Correlations

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0.840.750.750.690.720.930.50.08-0.960.730.680.930.80.790.75-0.710.670.471.00.380.70.750.840.830.74
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0.960.690.90.850.980.780.7-0.62-0.820.570.990.790.980.970.99-0.750.57-0.20.690.830.980.210.950.60.99
0.920.720.860.820.980.740.7-0.63-0.840.590.990.760.950.930.95-0.760.48-0.250.720.870.970.160.980.630.95
0.910.930.820.810.780.740.54-0.01-0.90.770.751.00.880.90.82-0.750.680.430.930.440.780.740.810.670.81
0.710.50.890.930.70.70.54-0.51-0.690.80.730.550.750.70.75-0.930.49-0.160.510.730.820.280.70.60.75
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1.00.80.950.910.980.950.880.75-0.47-0.90.690.970.890.990.99-0.820.66-0.010.80.760.980.40.960.690.99
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-0.8-0.71-0.89-0.95-0.75-0.76-0.75-0.930.350.81-0.95-0.78-0.76-0.82-0.81-0.77-0.45-0.03-0.71-0.74-0.85-0.46-0.78-0.61-0.78
0.710.670.750.670.570.480.680.490.06-0.750.390.490.660.660.610.69-0.450.440.680.090.570.690.60.830.69
0.070.470.040.06-0.2-0.250.43-0.160.89-0.280.28-0.260.4-0.010.01-0.09-0.030.440.47-0.58-0.190.89-0.070.34-0.1
0.841.00.760.760.690.720.930.510.08-0.960.740.680.930.80.790.75-0.710.680.470.380.70.750.840.840.74
0.70.380.690.70.830.870.440.73-0.85-0.540.540.890.480.760.750.76-0.740.09-0.580.380.86-0.180.770.280.76
0.960.70.940.920.980.970.780.82-0.62-0.840.680.990.80.980.960.98-0.850.57-0.190.70.860.250.940.620.98
0.470.750.480.510.210.160.740.280.59-0.640.630.160.710.40.410.33-0.460.690.890.75-0.180.250.330.620.32
0.950.840.890.850.950.980.810.7-0.47-0.930.640.950.830.960.930.96-0.780.6-0.070.840.770.940.330.770.95
0.720.830.760.730.60.630.670.60.0-0.90.540.570.660.690.610.7-0.610.830.340.840.280.620.620.770.7
0.980.740.950.90.990.950.810.75-0.54-0.870.610.970.820.990.971.0-0.780.69-0.10.740.760.980.320.950.7
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Tscan Therapeutics Account Relationship Matchups

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Additional Tools for Tscan Stock Analysis

When running Tscan Therapeutics' price analysis, check to measure Tscan Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tscan Therapeutics is operating at the current time. Most of Tscan Therapeutics' value examination focuses on studying past and present price action to predict the probability of Tscan Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tscan Therapeutics' price. Additionally, you may evaluate how the addition of Tscan Therapeutics to your portfolios can decrease your overall portfolio volatility.