AN2 Net Working Capital vs Other Current Assets Analysis

ANTX Stock  USD 1.39  0.05  3.73%   
AN2 Therapeutics financial indicator trend analysis is way more than just evaluating AN2 Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AN2 Therapeutics is a good investment. Please check the relationship between AN2 Therapeutics Net Working Capital and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AN2 Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy AN2 Stock please use our How to Invest in AN2 Therapeutics guide.

Net Working Capital vs Other Current Assets

Net Working Capital vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AN2 Therapeutics Net Working Capital account and Other Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between AN2 Therapeutics' Net Working Capital and Other Current Assets is 0.99. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of AN2 Therapeutics, assuming nothing else is changed. The correlation between historical values of AN2 Therapeutics' Net Working Capital and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of AN2 Therapeutics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Working Capital i.e., AN2 Therapeutics' Net Working Capital and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Working Capital

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.
Most indicators from AN2 Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AN2 Therapeutics 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 AN2 Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy AN2 Stock please use our How to Invest in AN2 Therapeutics guide.At this time, AN2 Therapeutics' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 100.21 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income69K1.4M1.6M1.6M
Net Interest Income69K1.4M1.6M1.6M

AN2 Therapeutics fundamental ratios Correlations

-0.790.860.880.750.78-0.88-0.920.930.870.990.810.191.00.331.0-0.960.790.830.99-0.85-0.86-0.56-0.56-0.56-0.56
-0.79-0.76-0.77-0.49-0.550.750.8-0.81-0.7-0.8-0.59-0.44-0.81-0.57-0.80.85-0.6-0.64-0.830.690.690.530.530.530.53
0.86-0.761.00.880.89-0.72-0.990.960.670.830.94-0.010.850.150.83-0.820.930.930.86-0.83-0.98-0.9-0.9-0.9-0.9
0.88-0.771.00.890.9-0.76-1.00.980.710.860.930.010.880.170.86-0.850.930.940.89-0.86-0.98-0.88-0.88-0.88-0.88
0.75-0.490.880.891.0-0.73-0.870.870.70.740.85-0.430.75-0.270.74-0.640.990.980.76-0.91-0.96-0.79-0.79-0.79-0.79
0.78-0.550.890.91.0-0.78-0.890.890.750.780.84-0.380.79-0.220.78-0.680.990.990.8-0.94-0.96-0.77-0.77-0.77-0.77
-0.880.75-0.72-0.76-0.73-0.780.8-0.87-0.99-0.92-0.55-0.11-0.89-0.24-0.920.89-0.74-0.8-0.930.940.770.450.450.450.45
-0.920.8-0.99-1.0-0.87-0.890.8-0.99-0.75-0.9-0.92-0.04-0.91-0.21-0.90.88-0.92-0.94-0.920.880.980.840.840.840.84
0.93-0.810.960.980.870.89-0.87-0.990.830.930.860.080.930.240.93-0.920.910.930.96-0.92-0.96-0.79-0.79-0.79-0.79
0.87-0.70.670.710.70.75-0.99-0.750.830.910.510.10.880.220.91-0.870.70.760.92-0.92-0.73-0.37-0.37-0.37-0.37
0.99-0.80.830.860.740.78-0.92-0.90.930.910.760.211.00.351.0-0.970.770.820.99-0.87-0.84-0.53-0.53-0.53-0.53
0.81-0.590.940.930.850.84-0.55-0.920.860.510.76-0.140.790.020.76-0.70.890.870.76-0.7-0.93-0.83-0.83-0.83-0.83
0.19-0.44-0.010.01-0.43-0.38-0.11-0.040.080.10.21-0.140.190.990.21-0.4-0.34-0.280.220.170.170.130.130.130.13
1.0-0.810.850.880.750.79-0.89-0.910.930.881.00.790.190.341.0-0.960.790.830.99-0.86-0.86-0.55-0.55-0.55-0.55
0.33-0.570.150.17-0.27-0.22-0.24-0.210.240.220.350.020.990.340.35-0.54-0.18-0.120.370.020.0-0.02-0.02-0.02-0.02
1.0-0.80.830.860.740.78-0.92-0.90.930.911.00.760.211.00.35-0.970.770.820.99-0.87-0.84-0.53-0.53-0.53-0.53
-0.960.85-0.82-0.85-0.64-0.680.890.88-0.92-0.87-0.97-0.7-0.4-0.96-0.54-0.97-0.68-0.74-0.980.80.790.560.560.560.56
0.79-0.60.930.930.990.99-0.74-0.920.910.70.770.89-0.340.79-0.180.77-0.681.00.79-0.91-0.98-0.83-0.83-0.83-0.83
0.83-0.640.930.940.980.99-0.8-0.940.930.760.820.87-0.280.83-0.120.82-0.741.00.84-0.94-0.98-0.81-0.81-0.81-0.81
0.99-0.830.860.890.760.8-0.93-0.920.960.920.990.760.220.990.370.99-0.980.790.84-0.89-0.87-0.59-0.59-0.59-0.59
-0.850.69-0.83-0.86-0.91-0.940.940.88-0.92-0.92-0.87-0.70.17-0.860.02-0.870.8-0.91-0.94-0.890.90.640.640.640.64
-0.860.69-0.98-0.98-0.96-0.960.770.98-0.96-0.73-0.84-0.930.17-0.860.0-0.840.79-0.98-0.98-0.870.90.860.860.860.86
-0.560.53-0.9-0.88-0.79-0.770.450.84-0.79-0.37-0.53-0.830.13-0.55-0.02-0.530.56-0.83-0.81-0.590.640.861.01.01.0
-0.560.53-0.9-0.88-0.79-0.770.450.84-0.79-0.37-0.53-0.830.13-0.55-0.02-0.530.56-0.83-0.81-0.590.640.861.01.01.0
-0.560.53-0.9-0.88-0.79-0.770.450.84-0.79-0.37-0.53-0.830.13-0.55-0.02-0.530.56-0.83-0.81-0.590.640.861.01.01.0
-0.560.53-0.9-0.88-0.79-0.770.450.84-0.79-0.37-0.53-0.830.13-0.55-0.02-0.530.56-0.83-0.81-0.590.640.861.01.01.0
Click cells to compare fundamentals

AN2 Therapeutics Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for AN2 Stock Analysis

When running AN2 Therapeutics' price analysis, check to measure AN2 Therapeutics' 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 AN2 Therapeutics is operating at the current time. Most of AN2 Therapeutics' value examination focuses on studying past and present price action to predict the probability of AN2 Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AN2 Therapeutics' price. Additionally, you may evaluate how the addition of AN2 Therapeutics to your portfolios can decrease your overall portfolio volatility.