Anixa Common Stock Total Equity vs Net Debt Analysis

ANIX Stock  USD 3.32  0.10  3.11%   
Anixa Biosciences financial indicator trend analysis is way more than just evaluating Anixa Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anixa Biosciences is a good investment. Please check the relationship between Anixa Biosciences Common Stock Total Equity and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anixa Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.

Common Stock Total Equity vs Net Debt

Common Stock Total Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anixa Biosciences Common Stock Total Equity account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Anixa Biosciences' Common Stock Total Equity and Net Debt is 0.27. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Anixa Biosciences, assuming nothing else is changed. The correlation between historical values of Anixa Biosciences' Common Stock Total Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Anixa Biosciences are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Total Equity i.e., Anixa Biosciences' Common Stock Total Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Anixa Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anixa Biosciences 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 Anixa Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Anixa Stock please use our How to Invest in Anixa Biosciences guide.At this time, Anixa Biosciences' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 134.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.

Anixa Biosciences fundamental ratios Correlations

0.810.390.980.43-0.55-0.670.53-0.540.990.880.20.30.82-0.290.430.99-0.2-0.34-0.61-0.52-0.320.81-0.32-0.230.64
0.810.630.80.21-0.13-0.670.07-0.530.80.890.020.50.84-0.230.210.81-0.17-0.32-0.38-0.53-0.120.91-0.12-0.260.5
0.390.630.28-0.290.21-0.45-0.150.170.320.470.080.270.520.47-0.290.34-0.18-0.470.030.140.470.540.47-0.44-0.05
0.980.80.280.51-0.59-0.650.54-0.671.00.90.130.360.81-0.460.511.0-0.19-0.27-0.63-0.67-0.440.8-0.44-0.150.7
0.430.21-0.290.51-0.460.050.44-0.710.490.30.00.380.08-0.611.00.48-0.130.4-0.53-0.61-0.510.26-0.510.560.92
-0.55-0.130.21-0.59-0.460.29-0.980.4-0.59-0.320.050.0-0.250.41-0.46-0.560.120.190.370.410.270.010.270.03-0.34
-0.67-0.67-0.45-0.650.050.29-0.280.36-0.66-0.820.21-0.46-0.920.120.05-0.670.050.850.020.320.34-0.590.340.78-0.15
0.530.07-0.150.540.44-0.98-0.28-0.320.560.27-0.02-0.050.23-0.290.440.53-0.03-0.22-0.32-0.3-0.22-0.05-0.22-0.060.31
-0.54-0.530.17-0.67-0.710.40.36-0.32-0.62-0.660.33-0.54-0.470.88-0.71-0.62-0.02-0.090.460.940.74-0.50.74-0.23-0.77
0.990.80.321.00.49-0.59-0.660.56-0.620.890.140.340.81-0.380.491.0-0.18-0.31-0.62-0.6-0.390.8-0.39-0.190.68
0.880.890.470.90.3-0.32-0.820.27-0.660.89-0.120.570.95-0.380.30.9-0.22-0.49-0.44-0.63-0.440.87-0.44-0.370.58
0.20.020.080.130.00.050.21-0.020.330.14-0.12-0.48-0.090.280.00.150.110.3-0.120.250.220.20.220.110.05
0.30.50.270.360.380.0-0.46-0.05-0.540.340.57-0.480.51-0.350.380.35-0.2-0.270.03-0.47-0.370.44-0.37-0.160.52
0.820.840.520.810.08-0.25-0.920.23-0.470.810.95-0.090.51-0.20.080.82-0.11-0.68-0.25-0.44-0.380.81-0.38-0.620.38
-0.29-0.230.47-0.46-0.610.410.12-0.290.88-0.38-0.380.28-0.35-0.2-0.61-0.380.02-0.250.350.930.76-0.220.76-0.35-0.59
0.430.21-0.290.511.0-0.460.050.44-0.710.490.30.00.380.08-0.610.48-0.130.4-0.53-0.61-0.510.26-0.510.560.92
0.990.810.341.00.48-0.56-0.670.53-0.621.00.90.150.350.82-0.380.48-0.18-0.3-0.62-0.6-0.390.82-0.39-0.190.68
-0.2-0.17-0.18-0.19-0.130.120.05-0.03-0.02-0.18-0.220.11-0.2-0.110.02-0.13-0.180.080.450.1-0.11-0.18-0.11-0.06-0.18
-0.34-0.32-0.47-0.270.40.190.85-0.22-0.09-0.31-0.490.3-0.27-0.68-0.250.4-0.30.08-0.28-0.120.04-0.20.040.950.26
-0.61-0.380.03-0.63-0.530.370.02-0.320.46-0.62-0.44-0.120.03-0.250.35-0.53-0.620.45-0.280.450.26-0.520.26-0.42-0.63
-0.52-0.530.14-0.67-0.610.410.32-0.30.94-0.6-0.630.25-0.47-0.440.93-0.61-0.60.1-0.120.450.66-0.490.66-0.25-0.68
-0.32-0.120.47-0.44-0.510.270.34-0.220.74-0.39-0.440.22-0.37-0.380.76-0.51-0.39-0.110.040.260.66-0.291.0-0.03-0.55
0.810.910.540.80.260.01-0.59-0.05-0.50.80.870.20.440.81-0.220.260.82-0.18-0.2-0.52-0.49-0.29-0.29-0.170.59
-0.32-0.120.47-0.44-0.510.270.34-0.220.74-0.39-0.440.22-0.37-0.380.76-0.51-0.39-0.110.040.260.661.0-0.29-0.03-0.55
-0.23-0.26-0.44-0.150.560.030.78-0.06-0.23-0.19-0.370.11-0.16-0.62-0.350.56-0.19-0.060.95-0.42-0.25-0.03-0.17-0.030.4
0.640.5-0.050.70.92-0.34-0.150.31-0.770.680.580.050.520.38-0.590.920.68-0.180.26-0.63-0.68-0.550.59-0.550.4
Click cells to compare fundamentals

Anixa Biosciences Account Relationship Matchups

Anixa Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5M36.3M30.4M25.5M29.4M30.8M
Other Current Liab845.8K1.1M1.7M1.8M2.0M2.1M
Total Current Liabilities1.2M1.3M2.0M2.0M2.3M2.4M
Total Stockholder Equity8.8M35.4M29.0M24.3M28.0M29.4M
Property Plant And Equipment Net54.3K254.0K212K166K149.4K132.1K
Net Debt(6.4M)(28.9M)(12.1M)(740K)(666K)(699.3K)
Retained Earnings(191.8M)(204.8M)(218.4M)(228.2M)(205.4M)(195.1M)
Cash6.4M29.1M12.4M915K1.1M999.6K
Non Current Assets Total84.3K254.0K212K166K190.9K181.4K
Cash And Short Term Investments9.1M35.7M29.7M23.8M27.4M28.8M
Common Stock Shares Outstanding22.2M28.6M30.4M31.0M35.6M37.4M
Liabilities And Stockholders Equity9.5M36.3M30.4M25.5M29.4M30.8M
Inventory1.0(2.4M)(2.6M)(46K)(41.4K)(39.3K)
Other Current Assets311.6K551.6K513K1.2M1.1M1.2M
Other Stockholder Equity200.4M239.9M247.1M252.2M290.1M304.6M
Total Liab1.2M1.5M2.2M2.2M2.5M2.2M
Property Plant And Equipment Gross54.3K254.0K212K166K149.4K132.1K
Total Current Assets9.4M36.0M30.2M25.4M29.2M30.6M
Non Currrent Assets Other910.2K(200.6K)30K(212K)(243.8K)(231.6K)
Net Receivables66.5K2.2K46K270K243K231.6K
Accounts Payable232.4K136K265K206K185.4K176.1K
Non Current Liabilities Total287.6K220.1K175K123K141.5K134.4K
Common Stock Total Equity189.1K203.3K242.5K309K278.1K264.2K
Short Term Investments2.6M6.6M17.3M22.9M26.4M27.7M
Common Stock242.5K300.5K309K311K279.9K265.9K
Property Plant Equipment200.6K54.3K254.0K212K243.8K256.0K
Net Tangible Assets5.2M8.8M35.4M29.0M33.4M35.1M
Noncontrolling Interest In Consolidated Entity(251.4K)(423.0K)(497.0K)(847K)(762.3K)(724.2K)
Retained Earnings Total Equity(170.2M)(181.8M)(191.8M)(218.4M)(196.5M)(206.4M)
Capital Surpluse175.4M186.8M200.4M247.1M284.2M181.1M

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