Bio Other Current Liab vs Total Current Assets Analysis
BPTH Stock | USD 0.82 0.02 2.50% |
Bio Path financial indicator trend analysis is way more than just evaluating Bio Path Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bio Path Holdings is a good investment. Please check the relationship between Bio Path Other Current Liab and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bio Path Holdings. 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.
Other Current Liab vs Total Current Assets
Other Current Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bio Path Holdings Other Current Liab account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bio Path's Other Current Liab and Total Current Assets is 0.3. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Bio Path Holdings, assuming nothing else is changed. The correlation between historical values of Bio Path's Other Current Liab and Total 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 Other Current Liab of Bio Path Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Liab i.e., Bio Path's Other Current Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Bio Path's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bio Path Holdings 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 Bio Path Holdings. 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. The Bio Path's current Sales General And Administrative To Revenue is estimated to increase to 179.88, while Selling General Administrative is projected to decrease to under 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 3K | 33K | 52K | 32.5K | Interest Income | 3K | 33K | 52K | 31.0K |
Bio Path fundamental ratios Correlations
Click cells to compare fundamentals
Bio Path Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bio Path fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.7M | 16.5M | 26.6M | 16.0M | 3.2M | 3.1M | |
Other Current Liab | 673K | 881K | 688K | 801K | 1.2M | 1.3M | |
Total Current Liabilities | 1.2M | 1.2M | 958K | 1.7M | 1.9M | 2.0M | |
Total Stockholder Equity | 21.1M | 15.1M | 25.5M | 14.2M | 441K | 419.0K | |
Property Plant And Equipment Net | 670K | 519K | 428K | 356K | 178K | 344.7K | |
Net Debt | (20.0M) | (13.4M) | (23.5M) | (10.2M) | (939K) | (986.0K) | |
Retained Earnings | (56.3M) | (67.2M) | (77.7M) | (91.5M) | (107.6M) | (102.2M) | |
Accounts Payable | 486K | 100K | 106K | 667K | 457K | 479.9K | |
Cash | 20.4M | 13.8M | 23.8M | 10.4M | 1.1M | 999.4K | |
Non Current Assets Total | 670K | 519K | 428K | 356K | 178K | 169.1K | |
Non Currrent Assets Other | (13.4M) | 288K | 225K | 158K | 76K | 79.8K | |
Cash And Short Term Investments | 20.4M | 13.8M | 23.8M | 10.4M | 1.1M | 999.4K | |
Common Stock Shares Outstanding | 132.9K | 192.4K | 336.3K | 363.8K | 478K | 292.6K | |
Liabilities And Stockholders Equity | 22.7M | 16.5M | 26.6M | 16.0M | 3.2M | 3.1M | |
Non Current Liabilities Total | 330K | 236K | 153K | 113K | 873K | 916.7K | |
Other Current Assets | 788K | 2.2M | 2.4M | 5.2M | 2.0M | 2.1M | |
Other Stockholder Equity | 77.4M | 82.3M | 103.1M | 105.7M | 108.0M | 113.4M | |
Total Liab | 1.6M | 1.4M | 1.1M | 1.8M | 2.8M | 2.9M | |
Property Plant And Equipment Gross | 670K | 519K | 1.3M | 1.3M | 1.2M | 1.3M | |
Total Current Assets | 22.0M | 16.0M | 26.1M | 15.6M | 3.0M | 2.9M | |
Common Stock | 1K | 4K | 5K | 7K | 8K | 950.0 | |
Common Stock Total Equity | 11K | 1K | 4K | 5K | 4.5K | 4.3K | |
Net Tangible Assets | 1.2M | 21.1M | 15.1M | 25.5M | 29.3M | 30.7M | |
Retained Earnings Total Equity | (39.2M) | (47.7M) | (56.3M) | (67.2M) | (60.5M) | (57.5M) | |
Capital Surpluse | 47.2M | 49.0M | 77.4M | 82.3M | 94.6M | 99.4M | |
Property Plant Equipment | 406K | 303K | 231K | 428K | 492.2K | 282.1K | |
Accumulated Depreciation | (330K) | (592K) | (726K) | (798K) | (718.2K) | (682.3K) | |
Net Invested Capital | 21.1M | 15.1M | 25.5M | 14.2M | 441K | 419.0K | |
Net Working Capital | 20.7M | 14.8M | 25.2M | 13.9M | 1.1M | 1.1M |
Currently Active Assets on Macroaxis
When determining whether Bio Path Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Path'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 Bio Path Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Path Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bio Path Holdings. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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 Bio Path. If investors know Bio 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 Bio Path listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.34) | Return On Assets (1.40) | Return On Equity (3.66) |
The market value of Bio Path Holdings is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Path's value that differs from its market value or its book value, called intrinsic value, which is Bio Path'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 Bio Path's market value can be influenced by many factors that don't directly affect Bio Path'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 Bio Path's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Path is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Path'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.