Burcon Total Current Assets vs Intangible Assets 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 Total Current Assets and its Intangible Assets 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.

Total Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Burcon NutraScience Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Burcon NutraScience's Total Current Assets and Intangible Assets is 0.12. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets 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 Total Current Assets and Intangible 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 Total Current Assets of Burcon NutraScience are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Burcon NutraScience's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
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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.