Codexis Other Stockholder Equity vs Total Current Liabilities Analysis
			
		
	
	
	
	
 	| CDXS Stock |  |    | USD 2.26  0.11  4.64%    | 
Codexis financial indicator trend analysis is way more than just evaluating Codexis prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Codexis is a good investment. Please check the relationship between Codexis Other Stockholder Equity and its Total Current Liabilities accounts. Check out  
Trending Equities to better understand how to build diversified portfolios,  which includes a position in Codexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as 
signals in consumer price index. 
                
For more information on how to buy Codexis Stock please use our 
How to Invest in Codexis 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  
Codexis Other Stockholder Equity account and 
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Codexis' Other Stockholder Equity and Total Current Liabilities is 0.63. 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 Codexis, assuming nothing else is changed. The correlation between historical values of Codexis' 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 Codexis 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., Codexis' Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.63  | 
| Relationship Direction | Positive  | 
| Relationship Strength | Significant | 
Other Stockholder Equity
 Total Current Liabilities
Total Current Liabilities is an item on Codexis balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Codexis  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 Codexis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codexis 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  
Trending Equities to better understand how to build diversified portfolios,  which includes a position in Codexis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as 
signals in consumer price index. 
                
For more information on how to buy Codexis Stock please use our 
How to Invest in Codexis guide.
Selling General Administrative is likely to drop to about 36.4 
M in 2025. 
Tax Provision is likely to drop to about 32.3 
K in 2025
Codexis fundamental ratios Correlations
Click cells to compare fundamentals
Codexis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Codexis fundamental ratios Accounts
	
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Additional Tools for Codexis Stock Analysis
When running Codexis' price analysis, check to  
measure Codexis' 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 Codexis is operating at the current time. Most of Codexis' value examination focuses on studying past and present price action to  
predict the probability of Codexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codexis' price. Additionally, you may evaluate how the addition of Codexis to your portfolios can decrease your overall portfolio volatility.