Cassava Capex To Depreciation vs Ptb Ratio Analysis

SAVA Stock  USD 2.12  0.02  0.95%   
Cassava Sciences financial indicator trend analysis is way more than just evaluating Cassava Sciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cassava Sciences is a good investment. Please check the relationship between Cassava Sciences Capex To Depreciation and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassava Sciences Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cassava Sciences' Capex To Depreciation and Ptb Ratio is -0.13. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Cassava Sciences, assuming nothing else is changed. The correlation between historical values of Cassava Sciences' Capex To Depreciation and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Cassava Sciences are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Cassava Sciences' Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Cassava Sciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cassava Sciences 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 Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.At present, Cassava Sciences' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.13, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.13.
 2023 2024 2025 2026 (projected)
Net Interest Income7.8M8.5M9.8M10.3M
Interest Income7.8M8.5M9.8M10.3M

Cassava Sciences fundamental ratios Correlations

0.750.960.85-0.99-0.670.740.980.861.00.210.410.64-0.060.920.80.220.821.00.480.910.83-0.02-0.270.88-0.75
0.750.620.68-0.7-0.640.730.70.680.740.190.470.450.420.670.650.690.670.740.530.850.880.14-0.190.67-0.54
0.960.620.91-0.96-0.710.80.980.920.950.170.350.73-0.260.970.870.030.890.960.420.860.74-0.08-0.280.94-0.8
0.850.680.91-0.82-0.880.940.881.00.810.090.290.84-0.280.970.960.031.00.830.40.860.72-0.02-0.230.98-0.84
-0.99-0.7-0.96-0.820.62-0.7-0.98-0.83-0.99-0.23-0.4-0.610.08-0.91-0.77-0.19-0.78-0.99-0.45-0.86-0.80.050.28-0.850.74
-0.67-0.64-0.71-0.880.62-0.89-0.68-0.87-0.62-0.36-0.31-0.650.23-0.78-0.94-0.05-0.89-0.64-0.44-0.75-0.660.290.48-0.840.83
0.740.730.80.94-0.7-0.890.770.940.70.090.30.8-0.240.880.930.090.950.720.410.850.71-0.02-0.230.93-0.79
0.980.70.980.88-0.98-0.680.770.890.980.20.420.68-0.10.940.840.180.850.980.470.870.81-0.05-0.290.91-0.76
0.860.680.921.0-0.83-0.870.940.890.830.090.30.83-0.270.980.960.040.990.840.40.870.73-0.02-0.230.98-0.84
1.00.740.950.81-0.99-0.620.70.980.830.230.430.6-0.020.90.770.250.781.00.490.880.83-0.03-0.280.85-0.72
0.210.190.170.09-0.23-0.360.090.20.090.230.46-0.390.060.120.250.110.080.220.440.220.09-0.9-0.970.06-0.18
0.410.470.350.29-0.4-0.310.30.420.30.430.46-0.020.260.290.350.370.290.430.980.450.36-0.3-0.470.320.01
0.640.450.730.84-0.61-0.650.80.680.830.6-0.39-0.02-0.370.780.77-0.120.840.620.10.630.630.360.240.86-0.74
-0.060.42-0.26-0.280.080.23-0.24-0.1-0.27-0.020.060.26-0.37-0.27-0.260.94-0.28-0.040.2-0.030.30.290.08-0.290.33
0.920.670.970.97-0.91-0.780.880.940.980.90.120.290.78-0.270.910.030.950.910.380.880.73-0.03-0.240.96-0.84
0.80.650.870.96-0.77-0.940.930.840.960.770.250.350.77-0.260.910.040.970.790.460.820.71-0.2-0.410.96-0.84
0.220.690.030.03-0.19-0.050.090.180.040.250.110.37-0.120.940.030.040.030.240.350.270.560.280.00.020.06
0.820.670.891.0-0.78-0.890.950.850.990.780.080.290.84-0.280.950.970.030.80.410.850.71-0.02-0.230.98-0.83
1.00.740.960.83-0.99-0.640.720.980.841.00.220.430.62-0.040.910.790.240.80.490.890.83-0.03-0.280.86-0.73
0.480.530.420.4-0.45-0.440.410.470.40.490.440.980.10.20.380.460.350.410.490.550.43-0.28-0.460.42-0.09
0.910.850.860.86-0.86-0.750.850.870.870.880.220.450.63-0.030.880.820.270.850.890.550.79-0.04-0.290.87-0.69
0.830.880.740.72-0.8-0.660.710.810.730.830.090.360.630.30.730.710.560.710.830.430.790.2-0.110.75-0.69
-0.020.14-0.08-0.020.050.29-0.02-0.05-0.02-0.03-0.9-0.30.360.29-0.03-0.20.28-0.02-0.03-0.28-0.040.20.940.00.12
-0.27-0.19-0.28-0.230.280.48-0.23-0.29-0.23-0.28-0.97-0.470.240.08-0.24-0.410.0-0.23-0.28-0.46-0.29-0.110.94-0.20.28
0.880.670.940.98-0.85-0.840.930.910.980.850.060.320.86-0.290.960.960.020.980.860.420.870.750.0-0.2-0.82
-0.75-0.54-0.8-0.840.740.83-0.79-0.76-0.84-0.72-0.180.01-0.740.33-0.84-0.840.06-0.83-0.73-0.09-0.69-0.690.120.28-0.82
Click cells to compare fundamentals

Cassava Sciences Account Relationship Matchups

Cassava Sciences fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets266.8M234.8M151.7M157.5M181.2M116.7M
Total Current Liabilities12.5M7.1M14.2M11.8M10.6M7.4M
Total Stockholder Equity253.9M227.5M137.5M145.7M167.6M175.9M
Property Plant And Equipment Net20.8M23.0M21.9M21.0M24.1M25.3M
Net Debt(233.2M)(200.9M)(121.1M)(128.6M)(115.7M)(109.9M)
Retained Earnings(207.3M)(283.6M)(380.8M)(405.1M)(364.6M)(346.4M)
Accounts Payable7.1M4.0M10.6M7.7M8.8M9.2M
Cash233.4M201.0M121.1M128.6M147.9M155.3M
Non Current Assets Total22.3M23.6M22.0M21.0M24.2M25.4M
Cash And Short Term Investments233.4M201.0M121.1M128.6M147.9M102.5M
Common Stock Shares Outstanding39.4M40.2M41.9M46.6M53.6M56.3M
Liabilities And Stockholders Equity266.8M234.8M151.7M157.5M181.2M116.7M
Non Current Liabilities Total333K232K0.079K71.1K67.5K
Other Current Assets11.0M10.2M7.5M7.0M8.1M8.5M
Other Stockholder Equity461.2M511.0M518.2M550.8M633.4M665.1M
Total Liab12.9M7.3M14.2M11.8M10.6M10.1M
Property Plant And Equipment Gross20.8M23.0M24.1M24.2M27.8M29.2M
Total Current Assets244.5M211.2M129.6M136.5M157.0M111.9M
Common Stock35K40K42K48K55.2K40.4K
Other Current Liab5.3M2.9M3.6M4.1M4.7M2.5M
Net Tangible Assets22.1M92.2M252.8M226.9M261.0M274.0M
Property Plant Equipment47K306K20.8M23.0M26.4M27.8M
Net Invested Capital253.9M227.5M137.5M145.7M167.6M124.9M
Net Working Capital231.9M204.2M115.4M124.8M143.5M112.7M
Capital Stock35K40K42K48K55.2K38.7K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cassava Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cassava Sciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cassava Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cassava Sciences Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cassava Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For information on how to trade Cassava Stock refer to our How to Trade Cassava Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Pharmaceuticals 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 Cassava Sciences. If investors know Cassava 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 Cassava Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.22)
Return On Assets
(0.30)
Return On Equity
(0.89)
The market value of Cassava Sciences is measured differently than its book value, which is the value of Cassava that is recorded on the company's balance sheet. Investors also form their own opinion of Cassava Sciences' value that differs from its market value or its book value, called intrinsic value, which is Cassava Sciences' 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 Cassava Sciences' market value can be influenced by many factors that don't directly affect Cassava Sciences' 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 Cassava Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cassava Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cassava Sciences' 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.