Burcon Short Term Investments vs Common Stock Shares Outstanding Analysis

BU Stock  CAD 0.12  0.01  9.09%   
Burcon NutraScience financial indicator trend analysis is way more than just evaluating Burcon NutraScience prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Burcon NutraScience is a good investment. Please check the relationship between Burcon NutraScience Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Burcon NutraScience. 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burcon NutraScience Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Burcon NutraScience's Short Term Investments and Common Stock Shares Outstanding is -0.49. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Burcon NutraScience, assuming nothing else is changed. The correlation between historical values of Burcon NutraScience's Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Burcon NutraScience are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., Burcon NutraScience's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Burcon NutraScience balance sheet. It contains any investments Burcon NutraScience undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Burcon NutraScience can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Burcon NutraScience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Burcon NutraScience 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 Burcon NutraScience. 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.
As of the 2nd of December 2024, Selling General Administrative is likely to drop to about 3.3 M. Issuance Of Capital Stock is expected to grow at the current pace this year

Burcon NutraScience fundamental ratios Correlations

-0.130.070.97-0.78-0.370.920.97-0.860.90.670.60.560.150.20.910.650.530.82-0.040.440.370.03-0.26-0.48-0.44
-0.130.41-0.180.080.020.01-0.260.220.09-0.3-0.04-0.150.060.170.09-0.1-0.21-0.230.45-0.22-0.16-0.040.310.460.33
0.070.41-0.020.09-0.260.060.07-0.20.040.120.30.00.20.290.050.25-0.120.280.0-0.07-0.090.04-0.280.370.26
0.97-0.18-0.02-0.85-0.240.870.95-0.880.870.570.460.470.070.00.870.530.480.75-0.070.390.320.06-0.15-0.47-0.43
-0.780.080.09-0.85-0.19-0.8-0.690.85-0.82-0.38-0.18-0.020.30.35-0.81-0.16-0.15-0.620.00.10.17-0.410.010.280.04
-0.370.02-0.26-0.24-0.19-0.27-0.420.03-0.21-0.58-0.86-0.92-0.69-0.75-0.24-0.91-0.68-0.56-0.18-0.77-0.640.520.670.330.39
0.920.010.060.87-0.8-0.270.8-0.790.980.630.510.410.120.280.980.510.310.780.070.220.150.01-0.21-0.39-0.25
0.97-0.260.070.95-0.69-0.420.8-0.850.760.690.630.610.160.150.770.70.610.79-0.060.550.490.03-0.32-0.47-0.51
-0.860.22-0.2-0.880.850.03-0.79-0.85-0.74-0.55-0.35-0.160.120.12-0.74-0.36-0.16-0.710.06-0.09-0.05-0.330.230.220.12
0.90.090.040.87-0.82-0.210.980.76-0.740.540.440.370.090.221.00.440.30.720.010.180.10.02-0.09-0.41-0.26
0.67-0.30.120.57-0.38-0.580.630.69-0.550.540.750.55-0.030.380.550.750.490.770.150.370.220.15-0.69-0.4-0.27
0.6-0.040.30.46-0.18-0.860.510.63-0.350.440.750.790.420.540.470.970.710.790.190.560.4-0.11-0.77-0.36-0.24
0.56-0.150.00.47-0.02-0.920.410.61-0.160.370.550.790.690.620.390.890.810.580.090.910.79-0.59-0.49-0.5-0.63
0.150.060.20.070.3-0.690.120.160.120.09-0.030.420.690.680.110.490.360.230.030.650.62-0.87-0.29-0.21-0.36
0.20.170.290.00.35-0.750.280.150.120.220.380.540.620.680.250.570.260.260.10.490.48-0.62-0.35-0.15-0.29
0.910.090.050.87-0.81-0.240.980.77-0.741.00.550.470.390.110.250.470.320.740.010.20.120.01-0.12-0.41-0.27
0.65-0.10.250.53-0.16-0.910.510.7-0.360.440.750.970.890.490.570.470.790.770.150.730.59-0.23-0.7-0.42-0.42
0.53-0.21-0.120.48-0.15-0.680.310.61-0.160.30.490.710.810.360.260.320.790.53-0.010.810.66-0.25-0.38-0.58-0.72
0.82-0.230.280.75-0.62-0.560.780.79-0.710.720.770.790.580.230.260.740.770.530.010.380.190.03-0.65-0.38-0.23
-0.040.450.0-0.070.0-0.180.07-0.060.060.010.150.190.090.030.10.010.15-0.010.010.00.00.0-0.30.230.32
0.44-0.22-0.070.390.1-0.770.220.55-0.090.180.370.560.910.650.490.20.730.810.380.00.95-0.64-0.27-0.4-0.78
0.37-0.16-0.090.320.17-0.640.150.49-0.050.10.220.40.790.620.480.120.590.660.190.00.95-0.63-0.09-0.29-0.76
0.03-0.040.040.06-0.410.520.010.03-0.330.020.15-0.11-0.59-0.87-0.620.01-0.23-0.250.030.0-0.64-0.630.00.160.45
-0.260.31-0.28-0.150.010.67-0.21-0.320.23-0.09-0.69-0.77-0.49-0.29-0.35-0.12-0.7-0.38-0.65-0.3-0.27-0.090.00.27-0.04
-0.480.460.37-0.470.280.33-0.39-0.470.22-0.41-0.4-0.36-0.5-0.21-0.15-0.41-0.42-0.58-0.380.23-0.4-0.290.160.270.63
-0.440.330.26-0.430.040.39-0.25-0.510.12-0.26-0.27-0.24-0.63-0.36-0.29-0.27-0.42-0.72-0.230.32-0.78-0.760.45-0.040.63
Click cells to compare fundamentals

Burcon NutraScience Account Relationship Matchups

Burcon NutraScience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.3M37.7M29.3M9.9M12.9M10.9M
Other Current Liab249.3K28.5K522.034.7K250K234.8K
Total Current Liabilities1.6M1.4M1.0M625.4K1.4M859.2K
Total Stockholder Equity22.9M36.3M28.2M4.1M5.2M9.1M
Net Debt(8.3M)(13.9M)(6.9M)3.7M2.5M2.6M
Retained Earnings(98.4M)(99.0M)(109.2M)(134.6M)(142.0M)(134.9M)
Cash15.0M14.0M7.0M1.5M4.2M4.8M
Non Current Assets Total15.5M23.1M21.7M8.0M7.7M5.4M
Non Currrent Assets Other(13.9M)(18.7M)(15.5M)5.4M4.8M5.1M
Cash And Short Term Investments15.0M14.0M7.0M1.5M4.2M5.2M
Net Receivables332.2K338.7K200.3K332.1K134.6K111.3K
Common Stock Shares Outstanding78.9M102.9M108.6M108.7M121.4M127.5M
Liabilities And Stockholders Equity31.3M37.7M29.3M9.9M12.9M10.9M
Other Current Assets289.3K154.8K414.3K75.9K787.2K826.5K
Total Liab8.3M1.5M1.1M5.8M7.8M8.1M
Total Current Assets15.8M14.6M7.6M1.9M5.2M5.6M
Property Plant And Equipment Net470.5K1.0M859.4K983.9K1.1M647.2K
Accounts Payable1.1M1.4M906.1K590.9K843.4K573.6K
Other Stockholder Equity9.0M21.1M15.9M16.8M17.3M17.5M
Property Plant And Equipment Gross470.5K4.9M5.1M5.4M6.2M6.5M
Accumulated Other Comprehensive Income(3.6M)(3.9M)12.1K7.4M7.8M8.2M
Short Term Debt(275.6K)28.4K13.9K34.4K260.8K247.8K
Current Deferred Revenue275.6K(28.5K)122.7K(34.7K)(31.2K)(29.7K)
Non Current Liabilities Total6.7M5.3K58.7K5.1M6.4M6.7M
Inventory132.1K132.5K0.068.3K78.6K61.0K
Net Tangible Assets21.7M35.0M27.0M2.9M3.3M3.1M
Property Plant Equipment470.5K1.0M859.4K983.9K1.1M684.2K
Capital Surpluse9.0M14.1M15.9M16.9M19.4M11.8M
Short Long Term Debt Total6.7M33.7K73.1K5.2M6.7M4.0M
Long Term Debt1.9M0.06.7M5.1M5.9M6.2M
Long Term Debt Total6.7M5.3K58.7K5.1M5.9M6.2M
Cash And Equivalents15.0M14.0M7.0M1.5M1.7M1.6M

Other Information on Investing in Burcon Stock

Balance Sheet is a snapshot of the financial position of Burcon NutraScience at a specified time, usually calculated after every quarter, six months, or one year. Burcon NutraScience Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Burcon NutraScience and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Burcon currently owns. An asset can also be divided into two categories, current and non-current.