2Seventy Net Invested Capital vs Total Assets Analysis

TSVT Stock

USD 3.99 0.03 0.76%

2Seventy Bio financial indicator trend analysis is way more than just evaluating 2Seventy Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 2Seventy Bio is a good investment. Please check the relationship between 2Seventy Bio Net Invested Capital and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 2Seventy Bio Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between 2Seventy Bio's Net Invested Capital and Total Assets is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of 2Seventy Bio, assuming nothing else is changed. The correlation between historical values of 2Seventy Bio's Net Invested Capital and Total Assets 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 Invested Capital of 2Seventy Bio are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., 2Seventy Bio's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of 2Seventy Bio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 2Seventy Bio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from 2Seventy Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 2Seventy Bio 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 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.Selling General Administrative is likely to gain to about 86.4 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	52.0M	65.3M	83.5M	98.7M
Total Revenue	54.5M	91.5M	100.4M	108.8M

Gross Profit Total Revenue

2Seventy Bio fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Common Stock Shares Outstanding		0.57	0.7	-0.71	-0.84	0.63	-0.86	0.74	0.48	0.48	-0.64	-0.65	0.68	0.27	0.74	0.85	0.64	0.59	-0.77	0.6	0.7	-0.5	-0.72	0.84	0.4	0.63
Total Assets	0.57		0.99	-0.33	-0.57	0.99	-0.83	0.96	0.95	0.06	-0.96	-0.83	0.98	0.92	0.96	0.43	0.99	0.93	-0.74	1.0	0.99	-0.98	-0.82	0.86	0.96	0.99
Short Long Term Debt Total	0.7	0.99		-0.41	-0.65	0.99	-0.9	0.98	0.93	0.15	-0.96	-0.84	0.99	0.86	0.99	0.54	0.99	0.93	-0.8	0.99	1.0	-0.95	-0.87	0.92	0.92	0.99
Other Current Liab	-0.71	-0.33	-0.41		0.93	-0.38	0.63	-0.46	-0.41	-0.46	0.53	0.68	-0.48	-0.16	-0.37	-0.71	-0.36	-0.39	0.78	-0.36	-0.41	0.31	0.35	-0.67	-0.15	-0.38
Total Current Liabilities	-0.84	-0.57	-0.65	0.93		-0.63	0.81	-0.69	-0.59	-0.29	0.69	0.85	-0.68	-0.34	-0.61	-0.78	-0.6	-0.67	0.83	-0.58	-0.65	0.51	0.64	-0.82	-0.36	-0.63
Total Stockholder Equity	0.63	0.99	0.99	-0.38	-0.63		-0.85	0.98	0.94	0.04	-0.96	-0.87	0.98	0.89	0.96	0.46	1.0	0.95	-0.75	0.99	0.99	-0.97	-0.84	0.87	0.93	1.0
Other Liab	-0.86	-0.83	-0.9	0.63	0.81	-0.85		-0.87	-0.83	-0.4	0.86	0.77	-0.9	-0.62	-0.91	-0.85	-0.85	-0.85	0.92	-0.85	-0.9	0.75	0.91	-0.99	-0.74	-0.85
Net Tangible Assets	0.74	0.96	0.98	-0.46	-0.69	0.98	-0.87		0.87	0.12	-0.95	-0.88	0.97	0.81	0.97	0.51	0.99	0.91	-0.77	0.97	0.98	-0.94	-0.82	0.89	0.86	0.98
Property Plant And Equipment Net	0.48	0.95	0.93	-0.41	-0.59	0.94	-0.83	0.87		0.13	-0.96	-0.82	0.95	0.93	0.88	0.47	0.92	0.91	-0.81	0.96	0.93	-0.94	-0.78	0.86	0.94	0.94
Current Deferred Revenue	0.48	0.06	0.15	-0.46	-0.29	0.04	-0.4	0.12	0.13		-0.23	0.04	0.2	0.02	0.22	0.59	0.07	-0.1	-0.59	0.12	0.15	-0.07	-0.07	0.43	0.12	0.04
Net Debt	-0.64	-0.96	-0.96	0.53	0.69	-0.96	0.86	-0.95	-0.96	-0.23		0.88	-0.99	-0.9	-0.93	-0.51	-0.96	-0.88	0.87	-0.97	-0.96	0.97	0.75	-0.91	-0.91	-0.96
Accounts Payable	-0.65	-0.83	-0.84	0.68	0.85	-0.87	0.77	-0.88	-0.82	0.04	0.88		-0.86	-0.7	-0.78	-0.47	-0.84	-0.88	0.75	-0.83	-0.84	0.81	0.7	-0.81	-0.67	-0.87
Cash	0.68	0.98	0.99	-0.48	-0.68	0.98	-0.9	0.97	0.95	0.2	-0.99	-0.86		0.89	0.97	0.54	0.98	0.92	-0.85	0.99	0.99	-0.96	-0.82	0.93	0.93	0.98
Non Current Assets Total	0.27	0.92	0.86	-0.16	-0.34	0.89	-0.62	0.81	0.93	0.02	-0.9	-0.7	0.89		0.81	0.15	0.89	0.79	-0.62	0.92	0.86	-0.96	-0.58	0.68	0.97	0.89
Non Currrent Assets Other	0.74	0.96	0.99	-0.37	-0.61	0.96	-0.91	0.97	0.88	0.22	-0.93	-0.78	0.97	0.81		0.58	0.98	0.89	-0.79	0.97	0.99	-0.92	-0.87	0.92	0.91	0.96
Other Assets	0.85	0.43	0.54	-0.71	-0.78	0.46	-0.85	0.51	0.47	0.59	-0.51	-0.47	0.54	0.15	0.58		0.45	0.52	-0.8	0.46	0.54	-0.3	-0.73	0.81	0.32	0.46
Cash And Short Term Investments	0.64	0.99	0.99	-0.36	-0.6	1.0	-0.85	0.99	0.92	0.07	-0.96	-0.84	0.98	0.89	0.98	0.45		0.93	-0.74	0.99	0.99	-0.97	-0.83	0.87	0.93	1.0
Net Receivables	0.59	0.93	0.93	-0.39	-0.67	0.95	-0.85	0.91	0.91	-0.1	-0.88	-0.88	0.92	0.79	0.89	0.52	0.93		-0.7	0.92	0.93	-0.86	-0.92	0.84	0.84	0.95
Good Will	-0.77	-0.74	-0.8	0.78	0.83	-0.75	0.92	-0.77	-0.81	-0.59	0.87	0.75	-0.85	-0.62	-0.79	-0.8	-0.74	-0.7		-0.78	-0.8	0.71	0.69	-0.96	-0.68	-0.75
Non Current Liabilities Total	0.6	1.0	0.99	-0.36	-0.58	0.99	-0.85	0.97	0.96	0.12	-0.97	-0.83	0.99	0.92	0.97	0.46	0.99	0.92	-0.78		0.99	-0.98	-0.82	0.88	0.96	0.99
Capital Lease Obligations	0.7	0.99	1.0	-0.41	-0.65	0.99	-0.9	0.98	0.93	0.15	-0.96	-0.84	0.99	0.86	0.99	0.54	0.99	0.93	-0.8	0.99		-0.95	-0.87	0.92	0.92	0.99
Inventory	-0.5	-0.98	-0.95	0.31	0.51	-0.97	0.75	-0.94	-0.94	-0.07	0.97	0.81	-0.96	-0.96	-0.92	-0.3	-0.97	-0.86	0.71	-0.98	-0.95		0.69	-0.8	-0.96	-0.97
Other Current Assets	-0.72	-0.82	-0.87	0.35	0.64	-0.84	0.91	-0.82	-0.78	-0.07	0.75	0.7	-0.82	-0.58	-0.87	-0.73	-0.83	-0.92	0.69	-0.82	-0.87	0.69		-0.86	-0.73	-0.84
Other Stockholder Equity	0.84	0.86	0.92	-0.67	-0.82	0.87	-0.99	0.89	0.86	0.43	-0.91	-0.81	0.93	0.68	0.92	0.81	0.87	0.84	-0.96	0.88	0.92	-0.8	-0.86		0.77	0.87
Total Liab	0.4	0.96	0.92	-0.15	-0.36	0.93	-0.74	0.86	0.94	0.12	-0.91	-0.67	0.93	0.97	0.91	0.32	0.93	0.84	-0.68	0.96	0.92	-0.96	-0.73	0.77		0.93
Net Invested Capital	0.63	0.99	0.99	-0.38	-0.63	1.0	-0.85	0.98	0.94	0.04	-0.96	-0.87	0.98	0.89	0.96	0.46	1.0	0.95	-0.75	0.99	0.99	-0.97	-0.84	0.87	0.93

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2Seventy Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

2Seventy Bio fundamental ratios Correlations

2Seventy Bio Account Relationship Matchups

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Non Current Liabilities Total	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Cash And Short Term Investments
Short Long Term Debt Total	+ 0.99	Total Assets

Cash	- 0.99	Net Debt
Other Stockholder Equity	- 0.99	Other Liab
Inventory	- 0.98	Non Current Liabilities Total
Inventory	- 0.98	Total Assets
Net Invested Capital	- 0.97	Inventory
Inventory	- 0.97	Cash And Short Term Investments