Annovis Sale Purchase Of Stock vs Depreciation Analysis

ANVS Stock

USD 6.71 0.17 2.60%

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

For more information on how to buy Annovis Stock please use our How to Invest in Annovis Bio guide.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Annovis Bio Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Annovis Bio's Sale Purchase Of Stock and Depreciation is -0.55. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of Annovis Bio, assuming nothing else is changed. The correlation between historical values of Annovis Bio's Sale Purchase Of Stock 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 Sale Purchase Of Stock of Annovis Bio 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 Sale Purchase Of Stock i.e., Annovis Bio's Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

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Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Annovis Bio value has been used up. For tax purposes Annovis Bio can deduct the cost of the tangible assets it purchases as business expenses. However, Annovis Bio 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 Annovis Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annovis Bio 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 Annovis Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Annovis Stock please use our How to Invest in Annovis Bio guide.Issuance Of Capital Stock is likely to gain to about 16.2 M in 2024, whereas Discontinued Operations is likely to drop (6.3 M) in 2024.

	2021	2022	2023	2024 (projected)
Research Development	8.5M	16.5M	38.8M	40.7M
Other Operating Expenses	14.5M	25.5M	45.0M	47.3M

Research Development Other Operating Expenses

Annovis Bio fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Good Will	Net Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Net Invested Capital
Total Assets		0.47	0.62	0.92	0.75	-0.36	0.52	0.93	0.21	-0.03	-0.16	0.65	-0.04	0.99	0.12	-0.15	0.23	0.19	-0.15	-0.92	0.92	0.67	0.62	-0.34	0.7	0.89
Other Current Liab	0.47		0.63	0.16	0.83	-0.89	0.29	0.42	-0.2	-0.27	-0.04	0.89	0.67	0.5	-0.42	-0.23	-0.2	-0.15	-0.3	-0.39	0.38	0.78	0.81	0.44	0.86	0.28
Total Current Liabilities	0.62	0.63		0.42	0.59	-0.47	0.91	0.35	0.54	0.13	0.01	0.52	0.39	0.55	0.36	-0.2	0.57	0.49	-0.26	-0.32	0.32	0.45	0.53	0.14	0.51	0.29
Total Stockholder Equity	0.92	0.16	0.42		0.5	-0.03	0.41	0.89	0.21	0.1	-0.19	0.36	-0.42	0.91	0.24	0.0	0.21	0.15	0.02	-0.9	0.9	0.44	0.39	-0.64	0.43	0.93
Net Tangible Assets	0.75	0.83	0.59	0.5		-0.88	0.34	0.69	-0.05	-0.09	-0.21	0.98	0.45	0.76	-0.24	-0.12	-0.03	0.05	-0.21	-0.66	0.65	0.94	0.86	0.23	0.98	0.54
Retained Earnings	-0.36	-0.89	-0.47	-0.03	-0.88		-0.18	-0.31	0.15	0.17	0.12	-0.93	-0.75	-0.37	0.43	0.2	0.15	0.06	0.32	0.27	-0.26	-0.84	-0.8	-0.61	-0.89	-0.12
Accounts Payable	0.52	0.29	0.91	0.41	0.34	-0.18		0.19	0.82	0.36	0.02	0.22	0.19	0.41	0.69	-0.13	0.85	0.76	-0.16	-0.17	0.16	0.18	0.22	0.03	0.21	0.16
Cash	0.93	0.42	0.35	0.89	0.69	-0.31	0.19		-0.11	-0.24	-0.14	0.63	-0.12	0.97	-0.15	-0.15	-0.1	-0.14	-0.13	-1.0	1.0	0.68	0.63	-0.45	0.7	0.97
Net Receivables	0.21	-0.2	0.54	0.21	-0.05	0.15	0.82	-0.11		0.52	-0.07	-0.18	-0.03	0.09	0.81	-0.2	0.98	0.82	-0.22	0.12	-0.12	-0.2	-0.21	-0.02	-0.19	-0.11
Inventory	-0.03	-0.27	0.13	0.1	-0.09	0.17	0.36	-0.24	0.52		-0.15	-0.24	-0.36	-0.13	0.69	0.57	0.49	0.67	0.53	0.24	-0.25	-0.28	-0.33	0.08	-0.25	-0.24
Other Current Assets	-0.16	-0.04	0.01	-0.19	-0.21	0.12	0.02	-0.14	-0.07	-0.15		-0.17	0.13	-0.16	-0.07	-0.08	-0.06	-0.11	-0.06	0.15	-0.14	-0.18	0.2	0.07	-0.17	-0.14
Other Stockholder Equity	0.65	0.89	0.52	0.36	0.98	-0.93	0.22	0.63	-0.18	-0.24	-0.17		0.56	0.67	-0.39	-0.18	-0.17	-0.09	-0.27	-0.6	0.59	0.95	0.89	0.32	1.0	0.47
Total Liab	-0.04	0.67	0.39	-0.42	0.45	-0.75	0.19	-0.12	-0.03	-0.36	0.13	0.56		-0.04	-0.32	-0.37	0.01	0.02	-0.45	0.17	-0.17	0.39	0.46	0.83	0.5	-0.32
Total Current Assets	0.99	0.5	0.55	0.91	0.76	-0.37	0.41	0.97	0.09	-0.13	-0.16	0.67	-0.04		0.0	-0.17	0.1	0.05	-0.17	-0.96	0.96	0.7	0.66	-0.37	0.73	0.93
Intangible Assets	0.12	-0.42	0.36	0.24	-0.24	0.43	0.69	-0.15	0.81	0.69	-0.07	-0.39	-0.32	0.0		0.35	0.87	0.9	0.36	0.16	-0.15	-0.39	-0.41	-0.19	-0.39	-0.1
Common Stock	-0.15	-0.23	-0.2	0.0	-0.12	0.2	-0.13	-0.15	-0.2	0.57	-0.08	-0.18	-0.37	-0.17	0.35		-0.11	0.27	0.98	0.14	-0.14	-0.2	-0.22	0.0	-0.18	-0.12
Property Plant Equipment	0.23	-0.2	0.57	0.21	-0.03	0.15	0.85	-0.1	0.98	0.49	-0.06	-0.17	0.01	0.1	0.87	-0.11		0.88	-0.13	0.12	-0.12	-0.18	-0.2	-0.01	-0.17	-0.1
Other Assets	0.19	-0.15	0.49	0.15	0.05	0.06	0.76	-0.14	0.82	0.67	-0.11	-0.09	0.02	0.05	0.9	0.27	0.88		0.26	0.16	-0.17	-0.13	-0.21	0.14	-0.1	-0.18
Good Will	-0.15	-0.3	-0.26	0.02	-0.21	0.32	-0.16	-0.13	-0.22	0.53	-0.06	-0.27	-0.45	-0.17	0.36	0.98	-0.13	0.26		0.12	-0.12	-0.27	-0.31	-0.1	-0.26	-0.09
Net Debt	-0.92	-0.39	-0.32	-0.9	-0.66	0.27	-0.17	-1.0	0.12	0.24	0.15	-0.6	0.17	-0.96	0.16	0.14	0.12	0.16	0.12		-1.0	-0.65	-0.61	0.48	-0.67	-0.98
Cash And Short Term Investments	0.92	0.38	0.32	0.9	0.65	-0.26	0.16	1.0	-0.12	-0.25	-0.14	0.59	-0.17	0.96	-0.15	-0.14	-0.12	-0.17	-0.12	-1.0		0.64	0.61	-0.49	0.66	0.98
Common Stock Total Equity	0.67	0.78	0.45	0.44	0.94	-0.84	0.18	0.68	-0.2	-0.28	-0.18	0.95	0.39	0.7	-0.39	-0.2	-0.18	-0.13	-0.27	-0.65	0.64		0.89	0.1	0.96	0.56
Common Stock Shares Outstanding	0.62	0.81	0.53	0.39	0.86	-0.8	0.22	0.63	-0.21	-0.33	0.2	0.89	0.46	0.66	-0.41	-0.22	-0.2	-0.21	-0.31	-0.61	0.61	0.89		0.15	0.9	0.52
Non Current Liabilities Total	-0.34	0.44	0.14	-0.64	0.23	-0.61	0.03	-0.45	-0.02	0.08	0.07	0.32	0.83	-0.37	-0.19	0.0	-0.01	0.14	-0.1	0.48	-0.49	0.1	0.15		0.24	-0.64
Capital Surpluse	0.7	0.86	0.51	0.43	0.98	-0.89	0.21	0.7	-0.19	-0.25	-0.17	1.0	0.5	0.73	-0.39	-0.18	-0.17	-0.1	-0.26	-0.67	0.66	0.96	0.9	0.24		0.54
Net Invested Capital	0.89	0.28	0.29	0.93	0.54	-0.12	0.16	0.97	-0.11	-0.24	-0.14	0.47	-0.32	0.93	-0.1	-0.12	-0.1	-0.18	-0.09	-0.98	0.98	0.56	0.52	-0.64	0.54

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Annovis Bio Account Relationship Matchups

Annovis Bio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	8.1M	46.0M	36.0M	10.2M	14.9M
Other Current Liab	776.9K	236.5K	818.4K	3.7M	3.0M	3.1M
Total Current Liabilities	2.0M	578.4K	1.5M	7.7M	4.3M	3.0M
Total Stockholder Equity	(8.6M)	7.5M	44.5M	28.3M	(7.8M)	(7.4M)
Net Tangible Assets	(7.6M)	(8.6M)	7.5M	44.5M	51.2M	53.7M
Retained Earnings	(8.8M)	(14.2M)	(28.7M)	(54.1M)	(110.3M)	(104.7M)
Accounts Payable	1.2M	341.9K	688.1K	4.0M	1.3M	1.5M
Cash	1.9K	8.1M	45.7M	28.4M	5.8M	9.4M
Other Current Assets	745.7M	38.2K	72.8K	104.9K	4.5M	4.2M
Other Stockholder Equity	200.6K	21.8M	73.2M	82.4M	102.5M	107.6M
Total Liab	9.7M	578.4K	1.5M	7.7M	18.0M	18.9M
Total Current Assets	747.5K	8.1M	46.0M	36.0M	10.2M	12.9M
Net Debt	497.9K	(8.1M)	(45.7M)	(28.4M)	(5.8M)	(6.0M)
Cash And Short Term Investments	1.9K	8.1M	45.7M	28.4M	5.8M	5.5M
Common Stock Shares Outstanding	6.8M	6.3M	7.6M	8.2M	9.0M	7.3M
Liabilities And Stockholders Equity	1.1M	8.1M	46.0M	36.0M	10.2M	16.0M
Non Current Liabilities Total	7.7M	341.9K	688.1K	4.0M	13.7M	14.4M
Capital Surpluse	192.1K	200.6K	21.8M	73.2M	84.2M	88.4M
Net Invested Capital	(8.1M)	7.5M	44.5M	28.3M	(7.8M)	(7.4M)
Net Working Capital	(1.3M)	7.5M	44.5M	28.3M	5.9M	5.6M

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