Actinogen Stock Based Compensation vs Depreciation Analysis

ACW Stock   0.03  0  3.85%   
Actinogen Medical financial indicator trend analysis is way more than just evaluating Actinogen Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Actinogen Medical is a good investment. Please check the relationship between Actinogen Medical Stock Based Compensation and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Actinogen Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Actinogen Medical Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Actinogen Medical's Stock Based Compensation and Depreciation is -0.6. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Actinogen Medical, assuming nothing else is changed. The correlation between historical values of Actinogen Medical's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Actinogen Medical are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Actinogen Medical's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Actinogen Medical value has been used up. For tax purposes Actinogen Medical can deduct the cost of the tangible assets it purchases as business expenses. However, Actinogen Medical must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Actinogen Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Actinogen Medical 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 Actinogen Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 11.5 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue3.6M4.9M9.9M10.4M
Depreciation And Amortization400.7K405.6K334.7K239.4K

Actinogen Medical fundamental ratios Correlations

0.70.791.00.820.740.810.880.30.510.51-0.85-0.810.650.640.860.930.860.62-0.850.550.970.36-0.320.94-0.74
0.70.860.670.470.850.920.920.330.430.63-0.52-0.950.490.150.450.860.930.68-0.860.70.76-0.080.110.61-0.76
0.790.860.760.570.750.990.90.10.60.33-0.59-0.890.860.350.610.830.910.76-0.830.40.810.1-0.160.72-0.74
1.00.670.760.830.720.780.870.310.50.51-0.85-0.780.630.650.870.920.840.59-0.830.550.970.38-0.330.94-0.72
0.820.470.570.830.380.570.660.390.140.41-0.98-0.610.530.420.970.730.650.25-0.580.430.830.21-0.290.94-0.65
0.740.850.750.720.380.80.90.20.640.63-0.46-0.890.430.190.390.80.870.8-0.840.70.80.010.240.58-0.62
0.810.920.990.780.570.80.930.150.550.41-0.6-0.940.770.330.610.870.950.77-0.870.480.830.08-0.120.72-0.77
0.880.920.90.870.660.90.930.250.520.58-0.71-0.990.610.30.670.930.990.72-0.910.650.930.080.030.8-0.77
0.30.330.10.310.390.20.150.250.130.86-0.35-0.26-0.090.130.290.480.24-0.06-0.280.80.290.040.050.41-0.56
0.510.430.60.50.140.640.550.520.130.31-0.19-0.480.610.380.240.520.490.75-0.510.350.50.15-0.080.39-0.42
0.510.630.330.510.410.630.410.580.860.31-0.42-0.58-0.040.080.310.680.550.29-0.550.990.55-0.040.250.49-0.66
-0.85-0.52-0.59-0.85-0.98-0.46-0.6-0.71-0.35-0.19-0.420.66-0.5-0.38-0.96-0.75-0.7-0.350.6-0.45-0.88-0.160.22-0.940.64
-0.81-0.95-0.89-0.78-0.61-0.89-0.94-0.99-0.26-0.48-0.580.66-0.59-0.19-0.6-0.9-0.99-0.70.88-0.66-0.870.02-0.11-0.730.77
0.650.490.860.630.530.430.770.61-0.090.61-0.04-0.5-0.590.460.610.570.630.6-0.580.020.610.24-0.390.64-0.57
0.640.150.350.650.420.190.330.30.130.380.08-0.38-0.190.460.520.520.280.26-0.470.070.450.71-0.840.53-0.4
0.860.450.610.870.970.390.610.670.290.240.31-0.96-0.60.610.520.740.660.37-0.590.340.860.27-0.390.96-0.64
0.930.860.830.920.730.80.870.930.480.520.68-0.75-0.90.570.520.740.930.62-0.90.720.920.24-0.170.86-0.87
0.860.930.910.840.650.870.950.990.240.490.55-0.7-0.990.630.280.660.930.71-0.90.630.910.060.030.78-0.78
0.620.680.760.590.250.80.770.72-0.060.750.29-0.35-0.70.60.260.370.620.71-0.660.360.68-0.010.00.47-0.57
-0.85-0.86-0.83-0.83-0.58-0.84-0.87-0.91-0.28-0.51-0.550.60.88-0.58-0.47-0.59-0.9-0.9-0.66-0.61-0.84-0.40.15-0.720.74
0.550.70.40.550.430.70.480.650.80.350.99-0.45-0.660.020.070.340.720.630.36-0.610.6-0.060.280.52-0.68
0.970.760.810.970.830.80.830.930.290.50.55-0.88-0.870.610.450.860.920.910.68-0.840.60.19-0.130.94-0.73
0.36-0.080.10.380.210.010.080.080.040.15-0.04-0.160.020.240.710.270.240.06-0.01-0.4-0.060.19-0.640.26-0.14
-0.320.11-0.16-0.33-0.290.24-0.120.030.05-0.080.250.22-0.11-0.39-0.84-0.39-0.170.030.00.150.28-0.13-0.64-0.290.14
0.940.610.720.940.940.580.720.80.410.390.49-0.94-0.730.640.530.960.860.780.47-0.720.520.940.26-0.29-0.73
-0.74-0.76-0.74-0.72-0.65-0.62-0.77-0.77-0.56-0.42-0.660.640.77-0.57-0.4-0.64-0.87-0.78-0.570.74-0.68-0.73-0.140.14-0.73
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Actinogen Medical Account Relationship Matchups

Actinogen Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.9M18.4M23.3M15.2M21.3M22.4M
Other Current Liab611.0K291.7K502.5K613.2K699.1K734.0K
Total Current Liabilities743.8K755.1K1.5M1.8M1.4M1.4M
Total Stockholder Equity10.9M17.5M21.7M13.4M19.7M20.7M
Cash5.0M13.4M16.4M8.5M9.5M5.2M
Net Receivables2.7M1.5M3.9M3.9M9.3M9.8M
Total Liab1.0M920.3K1.6M1.8M1.6M1.7M
Common Stock47.9M60.1M76.9M78.7M100.0M105.0M
Other Current Assets60.2K90.0K104.6K344.5K294.2K309.0K
Net Debt(4.7M)(13.2M)(16.2M)(8.4M)(9.1M)(8.7M)
Retained Earnings(44.5M)(48.4M)(57.9M)(68.7M)(81.7M)(77.6M)
Accounts Payable46.8K392.2K898.7K1.1M597.2K353.5K
Non Current Assets Total3.8M3.3M2.9M2.5M2.4M2.6M
Cash And Short Term Investments5.0M13.4M16.4M8.5M9.5M6.3M
Common Stock Shares Outstanding1.2B1.5B1.8B1.9B2.2B2.3B
Liabilities And Stockholders Equity11.9M18.4M23.3M15.2M21.3M11.2M
Other Stockholder Equity(6.8M)(1.9M)(6.3M)(7.2M)(10.5M)(10.0M)
Total Current Assets8.2M15.1M20.4M12.7M18.9M19.8M
Accumulated Other Comprehensive Income7.5M7.8M9.1M10.6M1.4M1.3M
Intangible Assets3.3M3.0M2.7M2.4M2.1M2.7M
Non Currrent Assets Other(3.7M)(3.3M)(2.9M)(2.5M)(1.0)(1.05)
Net Tangible Assets7.5M14.4M19.0M11.0M12.6M10.9M
Net Invested Capital10.9M17.5M21.7M13.4M19.7M17.3M
Cash And Equivalents3.6M7.1M12.1M7.2M8.3M7.8M
Net Working Capital7.4M14.3M18.9M10.9M17.5M13.5M
Capital Stock47.9M60.1M76.9M78.7M100.0M75.5M

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Additional Tools for Actinogen Stock Analysis

When running Actinogen Medical's price analysis, check to measure Actinogen Medical's 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 Actinogen Medical is operating at the current time. Most of Actinogen Medical's value examination focuses on studying past and present price action to predict the probability of Actinogen Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Actinogen Medical's price. Additionally, you may evaluate how the addition of Actinogen Medical to your portfolios can decrease your overall portfolio volatility.