Benitec Accounts Payable vs Common Stock Total Equity Analysis

BNTC Stock  USD 9.85  0.30  2.96%   
Benitec Biopharma financial indicator trend analysis is way more than just evaluating Benitec Biopharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Benitec Biopharma is a good investment. Please check the relationship between Benitec Biopharma Accounts Payable and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benitec Biopharma Ltd. 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.

Accounts Payable vs Common Stock Total Equity

Accounts Payable vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benitec Biopharma Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Benitec Biopharma's Accounts Payable and Common Stock Total Equity is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Benitec Biopharma Ltd, assuming nothing else is changed. The correlation between historical values of Benitec Biopharma's Accounts Payable and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Benitec Biopharma Ltd are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., Benitec Biopharma's Accounts Payable and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Benitec Biopharma 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 Benitec Biopharma 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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Benitec Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benitec Biopharma 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 Benitec Biopharma Ltd. 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 present, Benitec Biopharma's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.99, whereas Sales General And Administrative To Revenue is forecasted to decline to 30.27.
 2021 2022 2023 2024 (projected)
Total Operating Expenses17.9M19.2M22.4M13.5M
Cost Of Revenue9K381K108K202.0K

Benitec Biopharma fundamental ratios Correlations

0.420.450.99-0.38-1.0-0.380.171.0-0.371.0-0.21-0.070.710.17-0.150.390.271.0-0.07-0.28-0.01-0.16-0.220.930.93
0.420.920.330.4-0.4-0.950.160.440.460.44-0.19-0.70.91-0.490.60.930.920.41-0.70.49-0.8-0.28-0.210.530.53
0.450.920.360.39-0.43-0.920.520.470.420.47-0.13-0.640.91-0.50.591.00.920.44-0.640.46-0.8-0.020.110.560.56
0.990.330.36-0.45-0.99-0.290.130.99-0.430.99-0.20.00.640.24-0.230.290.181.00.0-0.340.08-0.16-0.240.910.91
-0.380.40.39-0.450.39-0.540.07-0.350.98-0.35-0.18-0.760.21-0.590.450.460.57-0.4-0.760.89-0.74-0.010.3-0.16-0.16
-1.0-0.4-0.43-0.990.390.36-0.17-1.00.37-1.00.240.08-0.7-0.180.16-0.37-0.26-1.00.080.270.00.190.22-0.92-0.92
-0.38-0.95-0.92-0.29-0.540.36-0.21-0.41-0.6-0.410.230.83-0.90.59-0.63-0.93-0.96-0.360.83-0.620.850.210.03-0.52-0.51
0.170.160.520.130.07-0.17-0.210.170.040.170.16-0.010.29-0.20.240.490.310.17-0.010.08-0.270.580.690.20.2
1.00.440.470.99-0.35-1.0-0.410.17-0.331.0-0.25-0.120.730.15-0.130.410.311.0-0.12-0.24-0.05-0.19-0.220.940.94
-0.370.460.42-0.430.980.37-0.60.04-0.33-0.33-0.16-0.80.24-0.640.560.490.59-0.38-0.80.9-0.75-0.040.3-0.14-0.15
1.00.440.470.99-0.35-1.0-0.410.171.0-0.33-0.24-0.120.730.15-0.130.410.311.0-0.12-0.24-0.05-0.19-0.220.940.94
-0.21-0.19-0.13-0.2-0.180.240.230.16-0.25-0.16-0.240.47-0.23-0.42-0.16-0.15-0.27-0.20.47-0.030.070.780.27-0.07-0.07
-0.07-0.7-0.640.0-0.760.080.83-0.01-0.12-0.8-0.120.47-0.60.51-0.59-0.68-0.81-0.051.0-0.780.810.34-0.07-0.21-0.2
0.710.910.910.640.21-0.7-0.90.290.730.240.73-0.23-0.6-0.370.350.880.860.7-0.60.35-0.68-0.2-0.150.80.8
0.17-0.49-0.50.24-0.59-0.180.59-0.20.15-0.640.15-0.420.51-0.37-0.45-0.52-0.540.180.51-0.780.75-0.35-0.37-0.13-0.12
-0.150.60.59-0.230.450.16-0.630.24-0.130.56-0.13-0.16-0.590.35-0.450.620.64-0.16-0.590.41-0.53-0.080.22-0.11-0.12
0.390.931.00.290.46-0.37-0.930.490.410.490.41-0.15-0.680.88-0.520.620.940.37-0.680.52-0.83-0.040.110.50.49
0.270.920.920.180.57-0.26-0.960.310.310.590.31-0.27-0.810.86-0.540.640.940.26-0.810.62-0.89-0.18-0.010.420.41
1.00.410.441.0-0.4-1.0-0.360.171.0-0.381.0-0.2-0.050.70.18-0.160.370.26-0.05-0.290.01-0.16-0.220.930.93
-0.07-0.7-0.640.0-0.760.080.83-0.01-0.12-0.8-0.120.471.0-0.60.51-0.59-0.68-0.81-0.05-0.780.810.34-0.07-0.21-0.2
-0.280.490.46-0.340.890.27-0.620.08-0.240.9-0.24-0.03-0.780.35-0.780.410.520.62-0.29-0.78-0.870.040.26-0.01-0.02
-0.01-0.8-0.80.08-0.740.00.85-0.27-0.05-0.75-0.050.070.81-0.680.75-0.53-0.83-0.890.010.81-0.870.02-0.13-0.24-0.24
-0.16-0.28-0.02-0.16-0.010.190.210.58-0.19-0.04-0.190.780.34-0.2-0.35-0.08-0.04-0.18-0.160.340.040.020.71-0.07-0.07
-0.22-0.210.11-0.240.30.220.030.69-0.220.3-0.220.27-0.07-0.15-0.370.220.11-0.01-0.22-0.070.26-0.130.71-0.13-0.14
0.930.530.560.91-0.16-0.92-0.520.20.94-0.140.94-0.07-0.210.8-0.13-0.110.50.420.93-0.21-0.01-0.24-0.07-0.131.0
0.930.530.560.91-0.16-0.92-0.510.20.94-0.150.94-0.07-0.20.8-0.12-0.120.490.410.93-0.2-0.02-0.24-0.07-0.141.0
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Benitec Biopharma Account Relationship Matchups

Benitec Biopharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.6M21.4M6.0M4.5M52.2M54.8M
Other Current Liab662K882K1.9M2.6M3.3M3.5M
Total Current Liabilities1.1M1.4M2.5M4.0M4.9M5.2M
Total Stockholder Equity10.2M20.0M2.9M202K47.2M49.6M
Property Plant And Equipment Net769K577K993K613K449K517.7K
Net Debt(9.4M)(19.6M)(3.3M)(1.9M)(50.6M)(48.1M)
Retained Earnings(116.6M)(130.1M)(148.3M)(167.9M)(190.3M)(199.8M)
Accounts Payable282K274K422K1.1M1.4M801.4K
Cash9.8M19.8M4.1M2.5M50.9M53.4M
Non Current Assets Total778K771K1.2M735K536K583.5K
Cash And Short Term Investments9.8M19.8M4.1M2.5M50.9M53.4M
Net Receivables59K25K3K55K229K217.6K
Common Stock Shares Outstanding60.1K252.7K480.7K1.4M4.1M4.3M
Liabilities And Stockholders Equity11.6M21.4M6.0M4.5M52.2M54.8M
Inventory1.0948K1.813K63K59.9K
Other Current Assets1K814K755K1.3M579K480.1K
Other Stockholder Equity128.8M151.6M152.5M168.9M238.4M250.3M
Total Liab1.3M1.4M3.1M4.3M5.0M5.2M
Property Plant And Equipment Gross769K577K993K1.9M1.9M1.9M
Total Current Assets10.8M20.6M4.8M3.7M51.7M54.3M
Accumulated Other Comprehensive Income(2.0M)(1.5M)(1.2M)(830K)(892K)(847.4K)
Property Plant Equipment769K577K993K613K705.0K511.4K
Net Tangible Assets10.2M20.0M2.9M202K181.8K172.7K
Non Currrent Assets Other(148K)194K160K122K87K61.7K
Other Assets9K194K160K122K140.3K147.3K
Non Current Liabilities Total213K1.1M559K284K38K36.1K
Capital Lease Obligations405K213K811K559K284K249.9K
Short Term Debt192K213K252K275K284K298.2K
Short Long Term Debt Total405K213K811K559K284K277.7K
Net Invested Capital10.2M20.0M2.9M202K47.2M49.6M
Net Working Capital9.7M19.2M2.3M(249K)46.8M49.1M

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When determining whether Benitec Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Benitec Biopharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Benitec Biopharma Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Benitec Biopharma Ltd Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benitec Biopharma Ltd. 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.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Biotechnology 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 Benitec Biopharma. If investors know Benitec 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 Benitec Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.51)
Revenue Per Share
0.003
Quarterly Revenue Growth
0.125
Return On Assets
(0.50)
Return On Equity
(0.92)
The market value of Benitec Biopharma is measured differently than its book value, which is the value of Benitec that is recorded on the company's balance sheet. Investors also form their own opinion of Benitec Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Benitec Biopharma's 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 Benitec Biopharma's market value can be influenced by many factors that don't directly affect Benitec Biopharma's 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 Benitec Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Benitec Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benitec Biopharma's 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.