Anixa Other Current Assets vs Property Plant And Equipment Gross Analysis
ANIX Stock | USD 3.20 0.14 4.58% |
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 Other Current Assets and its Property Plant And Equipment Gross 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.
Other Current Assets vs Property Plant And Equipment Gross
Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anixa Biosciences Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak relationship.
The correlation between Anixa Biosciences' Other Current Assets and Property Plant And Equipment Gross is 0.38. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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' Other Current Assets and Property Plant And Equipment Gross 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 Current Assets of Anixa Biosciences are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Anixa Biosciences' Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Property Plant And Equipment Gross
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
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Anixa Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anixa Biosciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.5M | 36.3M | 30.4M | 25.5M | 29.4M | 30.8M | |
Other Current Liab | 845.8K | 1.1M | 1.7M | 1.8M | 2.0M | 2.1M | |
Total Current Liabilities | 1.2M | 1.3M | 2.0M | 2.0M | 2.3M | 2.4M | |
Total Stockholder Equity | 8.8M | 35.4M | 29.0M | 24.3M | 28.0M | 29.4M | |
Property Plant And Equipment Net | 54.3K | 254.0K | 212K | 166K | 149.4K | 132.1K | |
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) | |
Cash | 6.4M | 29.1M | 12.4M | 915K | 1.1M | 999.6K | |
Non Current Assets Total | 84.3K | 254.0K | 212K | 166K | 190.9K | 181.4K | |
Cash And Short Term Investments | 9.1M | 35.7M | 29.7M | 23.8M | 27.4M | 28.8M | |
Common Stock Shares Outstanding | 22.2M | 28.6M | 30.4M | 31.0M | 35.6M | 37.4M | |
Liabilities And Stockholders Equity | 9.5M | 36.3M | 30.4M | 25.5M | 29.4M | 30.8M | |
Inventory | 1.0 | (2.4M) | (2.6M) | (46K) | (41.4K) | (39.3K) | |
Other Current Assets | 311.6K | 551.6K | 513K | 1.2M | 1.1M | 1.2M | |
Other Stockholder Equity | 200.4M | 239.9M | 247.1M | 252.2M | 290.1M | 304.6M | |
Total Liab | 1.2M | 1.5M | 2.2M | 2.2M | 2.5M | 2.2M | |
Property Plant And Equipment Gross | 54.3K | 254.0K | 212K | 166K | 149.4K | 132.1K | |
Total Current Assets | 9.4M | 36.0M | 30.2M | 25.4M | 29.2M | 30.6M | |
Non Currrent Assets Other | 910.2K | (200.6K) | 30K | (212K) | (243.8K) | (231.6K) | |
Net Receivables | 66.5K | 2.2K | 46K | 270K | 243K | 231.6K | |
Accounts Payable | 232.4K | 136K | 265K | 206K | 185.4K | 176.1K | |
Non Current Liabilities Total | 287.6K | 220.1K | 175K | 123K | 141.5K | 134.4K | |
Common Stock Total Equity | 189.1K | 203.3K | 242.5K | 309K | 278.1K | 264.2K | |
Short Term Investments | 2.6M | 6.6M | 17.3M | 22.9M | 26.4M | 27.7M | |
Common Stock | 242.5K | 300.5K | 309K | 311K | 279.9K | 265.9K | |
Property Plant Equipment | 200.6K | 54.3K | 254.0K | 212K | 243.8K | 256.0K | |
Net Tangible Assets | 5.2M | 8.8M | 35.4M | 29.0M | 33.4M | 35.1M | |
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 Surpluse | 175.4M | 186.8M | 200.4M | 247.1M | 284.2M | 181.1M |
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