Briacell Property Plant And Equipment Net vs Accounts Payable Analysis

BCTX Stock  USD 0.73  0.06  7.59%   
Briacell Therapeutics financial indicator trend analysis is way more than just evaluating Briacell Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Briacell Therapeutics is a good investment. Please check the relationship between Briacell Therapeutics Property Plant And Equipment Net and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Briacell Therapeutics Corp. 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Briacell Therapeutics Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Briacell Therapeutics' Property Plant And Equipment Net and Accounts Payable is -0.1. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Briacell Therapeutics Corp, assuming nothing else is changed. The correlation between historical values of Briacell Therapeutics' Property Plant And Equipment Net and Accounts Payable 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 Briacell Therapeutics Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Briacell Therapeutics' Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Accounts Payable

An accounting item on the balance sheet that represents Briacell Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Briacell Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Briacell Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Briacell 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 Briacell Therapeutics Corp. 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.
At this time, Briacell Therapeutics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 77 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.2 M in 2024.

Briacell Therapeutics fundamental ratios Correlations

-0.10.79-0.98-0.33-0.050.98-0.04-0.10.980.450.540.720.520.980.02-0.08-0.050.090.35-0.05-0.450.420.84-0.440.79
-0.1-0.290.17-0.750.92-0.18-0.080.93-0.190.68-0.07-0.020.12-0.140.90.19-0.23-0.930.22-0.23-0.510.410.06-0.53-0.24
0.79-0.29-0.80.18-0.220.80.09-0.210.8-0.07-0.060.91-0.10.77-0.26-0.140.110.22-0.140.11-0.160.170.89-0.130.98
-0.980.17-0.80.240.15-1.00.190.19-1.0-0.37-0.52-0.69-0.49-1.00.090.030.18-0.18-0.30.180.41-0.43-0.840.42-0.83
-0.33-0.750.180.24-0.76-0.240.13-0.7-0.23-0.98-0.56-0.03-0.7-0.3-0.860.010.260.72-0.660.260.62-0.52-0.230.650.13
-0.050.92-0.220.15-0.76-0.160.050.99-0.160.72-0.070.050.1-0.110.96-0.19-0.1-0.990.18-0.09-0.360.210.13-0.36-0.19
0.98-0.180.8-1.0-0.24-0.16-0.19-0.191.00.360.520.690.491.0-0.1-0.03-0.180.180.3-0.18-0.40.440.84-0.430.83
-0.04-0.080.090.190.130.05-0.190.04-0.19-0.13-0.170.2-0.19-0.20.01-0.240.98-0.03-0.20.990.09-0.33-0.130.32-0.12
-0.10.93-0.210.19-0.70.99-0.190.04-0.20.66-0.150.030.02-0.160.93-0.18-0.11-0.990.09-0.11-0.310.240.12-0.38-0.18
0.98-0.190.8-1.0-0.23-0.161.0-0.19-0.20.350.520.690.491.0-0.11-0.04-0.180.190.29-0.18-0.390.430.84-0.420.83
0.450.68-0.07-0.37-0.980.720.36-0.130.660.350.620.090.740.420.81-0.1-0.24-0.670.62-0.24-0.580.490.31-0.63-0.02
0.54-0.07-0.06-0.52-0.56-0.070.52-0.17-0.150.520.62-0.10.980.560.110.02-0.160.130.71-0.17-0.340.340.09-0.37-0.03
0.72-0.020.91-0.69-0.030.050.690.20.030.690.09-0.1-0.090.680.03-0.080.18-0.050.080.18-0.370.150.89-0.160.87
0.520.12-0.1-0.49-0.70.10.49-0.190.020.490.740.98-0.090.540.270.08-0.22-0.040.76-0.22-0.450.420.1-0.48-0.07
0.98-0.140.77-1.0-0.3-0.111.0-0.2-0.161.00.420.560.680.54-0.04-0.03-0.190.150.37-0.19-0.430.450.84-0.450.8
0.020.9-0.260.09-0.860.96-0.10.010.93-0.110.810.110.030.27-0.04-0.16-0.13-0.930.41-0.13-0.410.30.15-0.45-0.23
-0.080.19-0.140.030.01-0.19-0.03-0.24-0.18-0.04-0.10.02-0.080.08-0.03-0.16-0.230.140.13-0.23-0.490.28-0.17-0.27-0.11
-0.05-0.230.110.180.26-0.1-0.180.98-0.11-0.18-0.24-0.160.18-0.22-0.19-0.13-0.230.13-0.231.00.17-0.41-0.160.41-0.1
0.09-0.930.22-0.180.72-0.990.18-0.03-0.990.19-0.670.13-0.05-0.040.15-0.930.140.13-0.130.120.36-0.22-0.120.360.19
0.350.22-0.14-0.3-0.660.180.3-0.20.090.290.620.710.080.760.370.410.13-0.23-0.13-0.23-0.490.280.15-0.35-0.1
-0.05-0.230.110.180.26-0.09-0.180.99-0.11-0.18-0.24-0.170.18-0.22-0.19-0.13-0.231.00.12-0.230.17-0.41-0.160.41-0.1
-0.45-0.51-0.160.410.62-0.36-0.40.09-0.31-0.39-0.58-0.34-0.37-0.45-0.43-0.41-0.490.170.36-0.490.17-0.52-0.360.6-0.18
0.420.410.17-0.43-0.520.210.44-0.330.240.430.490.340.150.420.450.30.28-0.41-0.220.28-0.41-0.520.37-0.980.26
0.840.060.89-0.84-0.230.130.84-0.130.120.840.310.090.890.10.840.15-0.17-0.16-0.120.15-0.16-0.360.37-0.380.92
-0.44-0.53-0.130.420.65-0.36-0.430.32-0.38-0.42-0.63-0.37-0.16-0.48-0.45-0.45-0.270.410.36-0.350.410.6-0.98-0.38-0.21
0.79-0.240.98-0.830.13-0.190.83-0.12-0.180.83-0.02-0.030.87-0.070.8-0.23-0.11-0.10.19-0.1-0.1-0.180.260.92-0.21
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Briacell Therapeutics Account Relationship Matchups

Briacell Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets478.3K58.0M42.6M27.2M5.9M10.3M
Total Current Liabilities3.6M556.8K941.1K1.8M7.5M7.8M
Total Stockholder Equity(3.3M)57.3M10.3M(3.8M)(2.4M)(2.3M)
Net Debt209.3K(57.2M)(41.0M)(21.3M)(862.1K)(905.2K)
Retained Earnings(16.6M)(15.8M)(60.3M)(80.7M)(85.4M)(81.2M)
Accounts Payable4.2K214.1K463.3K1.1M7.2M7.5M
Cash19.5K57.3M41.0M21.3M862.1K819.0K
Non Current Assets Total238.9K245.6K230.3K215.1K2.2M1.2M
Cash And Short Term Investments19.5K57.3M41.0M21.3M862.1K819.0K
Common Stock Shares Outstanding713.9K4.5M15.5M15.6M16.5M17.3M
Liabilities And Stockholders Equity478.3K58.0M42.6M27.2M5.9M10.3M
Non Current Liabilities Total142.8K225.4K31.3M29.1M1.1M1.0M
Other Stockholder Equity2.2M39.0M5.2M7.4M11.0M8.1M
Total Liab3.8M782.2K32.2M30.9M8.6M4.8M
Total Current Assets239.4K57.8M42.3M26.9M3.7M3.5M
Net Receivables20.6K12.6K24.1K717.7K1.4M1.4M
Other Current Liab3.4M480.7K741.8K677.7K290.4K275.9K
Inventory(305.0)1.0(24.1K)(18.9K)(1.4M)(1.3M)
Other Current Assets199.7K516.9K1.3M5.0M1.4M721.5K
Accumulated Other Comprehensive Income(81.0K)(94.5K)(127.0K)(138.7K)(124.8K)(118.6K)
Intangible Assets238.9K245.6K230.3K215.1K199.8K182.9K
Net Tangible Assets(1.2M)(4.7M)57.0M10.1M11.6M11.5M
Net Invested Capital(4.1M)57.3M10.3M(3.8M)(2.4M)(2.3M)
Net Working Capital(4.5M)57.2M41.4M25.1M(3.8M)(3.6M)
Common Stock11.2M54.8M65.6M69.6M72.2M41.0M
Capital Stock11.2M54.8M65.6M69.6M72.2M45.8M

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