Artelo Property Plant And Equipment Net vs Total Liab Analysis
ARTL Stock | USD 1.02 0.04 3.77% |
Artelo Biosciences financial indicator trend analysis is way more than just evaluating Artelo Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artelo Biosciences is a good investment. Please check the relationship between Artelo Biosciences Property Plant And Equipment Net and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artelo 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 estimate. For more information on how to buy Artelo Stock please use our How to buy in Artelo Stock guide.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artelo Biosciences Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Artelo Biosciences' Property Plant And Equipment Net and Total Liab is 0.5. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Artelo Biosciences, assuming nothing else is changed. The correlation between historical values of Artelo Biosciences' Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Artelo Biosciences are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Artelo Biosciences' Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Artelo Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artelo 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 Artelo 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 estimate. For more information on how to buy Artelo Stock please use our How to buy in Artelo Stock guide.The value of Selling General Administrative is expected to slide to about 2.3 M. The value of Issuance Of Capital Stock is estimated to slide to about 538.6 K
Artelo Biosciences fundamental ratios Correlations
Click cells to compare fundamentals
Artelo Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Artelo Biosciences fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5M | 4.4M | 12.6M | 20.4M | 13.0M | 13.7M | |
Total Stockholder Equity | 5.5M | 3.9M | 12.0M | 19.4M | 11.8M | 12.3M | |
Net Tangible Assets | (135.0K) | 3.4M | 1.8M | 10.0M | 11.5M | 12.1M | |
Net Debt | (4.4M) | (2.1M) | (6.5M) | (6.8M) | (6.1M) | (5.8M) | |
Retained Earnings | (4.8M) | (9.5M) | (16.9M) | (31.0M) | (40.3M) | (38.3M) | |
Cash | 4.4M | 2.1M | 6.6M | 6.9M | 2.8M | 2.6M | |
Cash And Short Term Investments | 4.4M | 2.1M | 10.1M | 17.5M | 20.2M | 21.2M | |
Common Stock Total Equity | 11.3K | 14.0K | 3.4K | 5.0K | 4.5K | 6.3K | |
Common Stock Shares Outstanding | 144.8K | 247.2K | 1.2M | 2.8M | 3.2M | 3.3M | |
Liabilities And Stockholders Equity | 6.5M | 4.4M | 12.6M | 20.4M | 23.5M | 24.7M | |
Other Stockholder Equity | 10.3M | 13.3M | 28.9M | 50.7M | 58.3M | 61.2M | |
Total Liab | 1.0M | 502.2K | 593K | 1.0M | 1.3M | 1.4M | |
Total Current Assets | 4.4M | 2.3M | 10.3M | 18.3M | 11.0M | 11.5M | |
Common Stock | 3.4K | 5.0K | 25K | 3K | 3.5K | 3.3K | |
Other Current Liab | 323.8K | (478.3K) | (488K) | (852K) | (766.8K) | (728.5K) | |
Total Current Liabilities | 1.0M | 502.2K | 526K | 998K | 1.3M | 1.4M | |
Accounts Payable | 348.9K | 490.2K | 493K | 905K | 1.2M | 1.3M | |
Other Current Assets | 18.6K | 195.1K | 252K | 789K | 554K | 581.7K | |
Accumulated Other Comprehensive Income | (9.8K) | 63.8K | 18K | (254K) | (228.6K) | (217.2K) | |
Property Plant Equipment | 563.0 | 721.0 | 246.0 | 90K | 103.5K | 108.7K | |
Non Current Assets Total | 2.0M | 2.0M | 2.3M | 2.1M | 2.1M | 1.5M | |
Non Currrent Assets Other | 563.0 | 2.0M | 189K | 3K | 3.5K | 3.3K | |
Non Current Liabilities Total | 529.3K | 348.9K | 490.2K | 67K | 23K | 0.0 | |
Net Invested Capital | 5.5M | 3.9M | 12.0M | 11.8M | 13.5M | 7.1M | |
Net Working Capital | 3.4M | 1.8M | 9.8M | 9.7M | 11.1M | 11.7M | |
Property Plant And Equipment Net | 721.0 | 246.0 | 90K | 60K | 21K | 31.6K | |
Property Plant And Equipment Gross | 721.0 | 246.0 | 90K | 21K | 24.2K | 24.5K | |
Capital Stock | 3.4K | 5.0K | 25K | 3K | 2.7K | 2.6K |
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Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artelo Biosciences. If investors know Artelo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artelo Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.87) | Return On Assets (0.54) | Return On Equity (0.89) |
The market value of Artelo Biosciences is measured differently than its book value, which is the value of Artelo that is recorded on the company's balance sheet. Investors also form their own opinion of Artelo Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Artelo Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artelo Biosciences' market value can be influenced by many factors that don't directly affect Artelo Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Artelo Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artelo Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artelo Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.