Conduit Long Term Debt vs Net Debt Analysis

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Conduit Pharmaceuticals financial indicator trend analysis is way more than just evaluating Conduit Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conduit Pharmaceuticals is a good investment. Please check the relationship between Conduit Pharmaceuticals Long Term Debt and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conduit Pharmaceuticals. 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.
For more information on how to buy Conduit Stock please use our How to Invest in Conduit Pharmaceuticals guide.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conduit Pharmaceuticals Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Conduit Pharmaceuticals' Long Term Debt and Net Debt is -0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Conduit Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Conduit Pharmaceuticals' Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Conduit Pharmaceuticals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Conduit Pharmaceuticals' Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Conduit Pharmaceuticals has held for over one year. Long-term debt appears on Conduit Pharmaceuticals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Conduit Pharmaceuticals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Conduit Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conduit Pharmaceuticals 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 Conduit Pharmaceuticals. 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.
For more information on how to buy Conduit Stock please use our How to Invest in Conduit Pharmaceuticals guide.Selling General Administrative is likely to drop to about 4.1 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

Conduit Pharmaceuticals fundamental ratios Correlations

0.32-0.9-0.310.9-0.99-0.821.01.00.140.71.00.90.730.990.230.520.951.01.0-0.130.950.951.0-0.95
0.320.120.8-0.13-0.16-0.80.380.29-0.870.760.380.220.860.45-0.830.970.010.40.340.880.260.260.34-0.38
-0.90.120.69-1.00.960.49-0.87-0.92-0.55-0.36-0.87-0.81-0.36-0.83-0.63-0.1-0.99-0.86-0.890.54-0.85-0.85-0.890.84
-0.310.80.69-0.70.46-0.29-0.24-0.34-0.970.34-0.24-0.320.41-0.17-0.990.65-0.59-0.23-0.290.97-0.32-0.32-0.290.23
0.9-0.13-1.0-0.7-0.95-0.480.860.910.560.360.860.810.350.820.640.090.990.850.89-0.550.850.850.89-0.83
-0.99-0.160.960.46-0.950.72-0.97-0.99-0.29-0.61-0.97-0.9-0.61-0.95-0.38-0.37-0.99-0.97-0.980.28-0.95-0.95-0.980.92
-0.82-0.80.49-0.29-0.480.72-0.86-0.80.45-0.94-0.86-0.73-0.99-0.890.37-0.91-0.6-0.87-0.83-0.47-0.78-0.78-0.830.8
1.00.38-0.87-0.240.86-0.97-0.860.990.070.751.00.90.771.00.160.580.921.01.0-0.050.950.951.0-0.95
1.00.29-0.92-0.340.91-0.99-0.80.990.170.680.990.90.70.980.260.490.960.991.0-0.160.940.951.0-0.95
0.14-0.87-0.55-0.970.56-0.290.450.070.17-0.530.070.11-0.580.01.0-0.760.440.050.12-1.00.110.110.12-0.11
0.70.76-0.360.340.36-0.61-0.940.750.68-0.530.750.780.960.79-0.460.860.480.760.710.550.780.780.72-0.59
1.00.38-0.87-0.240.86-0.97-0.861.00.990.070.750.90.771.00.160.580.921.01.0-0.050.950.951.0-0.95
0.90.22-0.81-0.320.81-0.9-0.730.90.90.110.780.90.680.890.190.420.860.90.89-0.10.990.990.9-0.71
0.730.86-0.360.410.35-0.61-0.990.770.7-0.580.960.770.680.82-0.50.950.480.780.740.590.720.720.74-0.69
0.990.45-0.83-0.170.82-0.95-0.891.00.980.00.791.00.890.820.090.630.91.00.990.020.940.940.99-0.94
0.23-0.83-0.63-0.990.64-0.380.370.160.261.0-0.460.160.19-0.50.09-0.70.520.140.21-0.990.20.20.21-0.2
0.520.97-0.10.650.09-0.37-0.910.580.49-0.760.860.580.420.950.63-0.70.220.590.530.770.460.470.53-0.55
0.950.01-0.99-0.590.99-0.99-0.60.920.960.440.480.920.860.480.90.520.220.920.94-0.430.90.90.94-0.89
1.00.4-0.86-0.230.85-0.97-0.871.00.990.050.761.00.90.781.00.140.590.921.0-0.040.940.951.0-0.95
1.00.34-0.89-0.290.89-0.98-0.831.01.00.120.711.00.890.740.990.210.530.941.0-0.110.940.951.0-0.95
-0.130.880.540.97-0.550.28-0.47-0.05-0.16-1.00.55-0.05-0.10.590.02-0.990.77-0.43-0.04-0.11-0.1-0.1-0.10.1
0.950.26-0.85-0.320.85-0.95-0.780.950.940.110.780.950.990.720.940.20.460.90.940.94-0.11.00.95-0.8
0.950.26-0.85-0.320.85-0.95-0.780.950.950.110.780.950.990.720.940.20.470.90.950.95-0.11.00.96-0.81
1.00.34-0.89-0.290.89-0.98-0.831.01.00.120.721.00.90.740.990.210.530.941.01.0-0.10.950.96-0.95
-0.95-0.380.840.23-0.830.920.8-0.95-0.95-0.11-0.59-0.95-0.71-0.69-0.94-0.2-0.55-0.89-0.95-0.950.1-0.8-0.81-0.95
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Conduit Pharmaceuticals Account Relationship Matchups

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