Conduit Long Term Debt vs Net Working Capital Analysis

CDTTW Stock

0.02 0.01 43.62%

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 Working Capital 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 Working Capital

Long Term Debt vs Net Working Capital 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 Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Conduit Pharmaceuticals' Long Term Debt and Net Working Capital is 0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital 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 Working Capital 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 Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Conduit Pharmaceuticals' Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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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 Working Capital

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Short Long Term Debt	Net Working Capital	Intangible Assets
Total Assets		0.32	-0.9	-0.31	0.9	-0.99	-0.82	1.0	1.0	0.14	0.7	1.0	0.9	0.73	0.99	0.23	0.52	0.95	1.0	1.0	-0.13	0.95	0.95	1.0	-0.95
Short Long Term Debt Total	0.32		0.12	0.8	-0.13	-0.16	-0.8	0.38	0.29	-0.87	0.76	0.38	0.22	0.86	0.45	-0.83	0.97	0.01	0.4	0.34	0.88	0.26	0.26	0.34	-0.38
Other Current Liab	-0.9	0.12		0.69	-1.0	0.96	0.49	-0.87	-0.92	-0.55	-0.36	-0.87	-0.81	-0.36	-0.83	-0.63	-0.1	-0.99	-0.86	-0.89	0.54	-0.85	-0.85	-0.89	0.84
Total Current Liabilities	-0.31	0.8	0.69		-0.7	0.46	-0.29	-0.24	-0.34	-0.97	0.34	-0.24	-0.32	0.41	-0.17	-0.99	0.65	-0.59	-0.23	-0.29	0.97	-0.32	-0.32	-0.29	0.23
Total Stockholder Equity	0.9	-0.13	-1.0	-0.7		-0.95	-0.48	0.86	0.91	0.56	0.36	0.86	0.81	0.35	0.82	0.64	0.09	0.99	0.85	0.89	-0.55	0.85	0.85	0.89	-0.83
Net Debt	-0.99	-0.16	0.96	0.46	-0.95		0.72	-0.97	-0.99	-0.29	-0.61	-0.97	-0.9	-0.61	-0.95	-0.38	-0.37	-0.99	-0.97	-0.98	0.28	-0.95	-0.95	-0.98	0.92
Retained Earnings	-0.82	-0.8	0.49	-0.29	-0.48	0.72		-0.86	-0.8	0.45	-0.94	-0.86	-0.73	-0.99	-0.89	0.37	-0.91	-0.6	-0.87	-0.83	-0.47	-0.78	-0.78	-0.83	0.8
Cash	1.0	0.38	-0.87	-0.24	0.86	-0.97	-0.86		0.99	0.07	0.75	1.0	0.9	0.77	1.0	0.16	0.58	0.92	1.0	1.0	-0.05	0.95	0.95	1.0	-0.95
Non Current Assets Total	1.0	0.29	-0.92	-0.34	0.91	-0.99	-0.8	0.99		0.17	0.68	0.99	0.9	0.7	0.98	0.26	0.49	0.96	0.99	1.0	-0.16	0.94	0.95	1.0	-0.95
Non Currrent Assets Other	0.14	-0.87	-0.55	-0.97	0.56	-0.29	0.45	0.07	0.17		-0.53	0.07	0.11	-0.58	0.0	1.0	-0.76	0.44	0.05	0.12	-1.0	0.11	0.11	0.12	-0.11
Long Term Debt	0.7	0.76	-0.36	0.34	0.36	-0.61	-0.94	0.75	0.68	-0.53		0.75	0.78	0.96	0.79	-0.46	0.86	0.48	0.76	0.71	0.55	0.78	0.78	0.72	-0.59
Cash And Short Term Investments	1.0	0.38	-0.87	-0.24	0.86	-0.97	-0.86	1.0	0.99	0.07	0.75		0.9	0.77	1.0	0.16	0.58	0.92	1.0	1.0	-0.05	0.95	0.95	1.0	-0.95
Common Stock Shares Outstanding	0.9	0.22	-0.81	-0.32	0.81	-0.9	-0.73	0.9	0.9	0.11	0.78	0.9		0.68	0.89	0.19	0.42	0.86	0.9	0.89	-0.1	0.99	0.99	0.9	-0.71
Non Current Liabilities Total	0.73	0.86	-0.36	0.41	0.35	-0.61	-0.99	0.77	0.7	-0.58	0.96	0.77	0.68		0.82	-0.5	0.95	0.48	0.78	0.74	0.59	0.72	0.72	0.74	-0.69
Other Current Assets	0.99	0.45	-0.83	-0.17	0.82	-0.95	-0.89	1.0	0.98	0.0	0.79	1.0	0.89	0.82		0.09	0.63	0.9	1.0	0.99	0.02	0.94	0.94	0.99	-0.94
Other Stockholder Equity	0.23	-0.83	-0.63	-0.99	0.64	-0.38	0.37	0.16	0.26	1.0	-0.46	0.16	0.19	-0.5	0.09		-0.7	0.52	0.14	0.21	-0.99	0.2	0.2	0.21	-0.2
Total Liab	0.52	0.97	-0.1	0.65	0.09	-0.37	-0.91	0.58	0.49	-0.76	0.86	0.58	0.42	0.95	0.63	-0.7		0.22	0.59	0.53	0.77	0.46	0.47	0.53	-0.55
Net Invested Capital	0.95	0.01	-0.99	-0.59	0.99	-0.99	-0.6	0.92	0.96	0.44	0.48	0.92	0.86	0.48	0.9	0.52	0.22		0.92	0.94	-0.43	0.9	0.9	0.94	-0.89
Total Current Assets	1.0	0.4	-0.86	-0.23	0.85	-0.97	-0.87	1.0	0.99	0.05	0.76	1.0	0.9	0.78	1.0	0.14	0.59	0.92		1.0	-0.04	0.94	0.95	1.0	-0.95
Short Term Debt	1.0	0.34	-0.89	-0.29	0.89	-0.98	-0.83	1.0	1.0	0.12	0.71	1.0	0.89	0.74	0.99	0.21	0.53	0.94	1.0		-0.11	0.94	0.95	1.0	-0.95
Common Stock	-0.13	0.88	0.54	0.97	-0.55	0.28	-0.47	-0.05	-0.16	-1.0	0.55	-0.05	-0.1	0.59	0.02	-0.99	0.77	-0.43	-0.04	-0.11		-0.1	-0.1	-0.1	0.1
Other Assets	0.95	0.26	-0.85	-0.32	0.85	-0.95	-0.78	0.95	0.94	0.11	0.78	0.95	0.99	0.72	0.94	0.2	0.46	0.9	0.94	0.94	-0.1		1.0	0.95	-0.8
Short Long Term Debt	0.95	0.26	-0.85	-0.32	0.85	-0.95	-0.78	0.95	0.95	0.11	0.78	0.95	0.99	0.72	0.94	0.2	0.47	0.9	0.95	0.95	-0.1	1.0		0.96	-0.81
Net Working Capital	1.0	0.34	-0.89	-0.29	0.89	-0.98	-0.83	1.0	1.0	0.12	0.72	1.0	0.9	0.74	0.99	0.21	0.53	0.94	1.0	1.0	-0.1	0.95	0.96		-0.95
Intangible Assets	-0.95	-0.38	0.84	0.23	-0.83	0.92	0.8	-0.95	-0.95	-0.11	-0.59	-0.95	-0.71	-0.69	-0.94	-0.2	-0.55	-0.89	-0.95	-0.95	0.1	-0.8	-0.81	-0.95

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Conduit Pharmaceuticals Account Relationship Matchups

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Conduit Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

Conduit Pharmaceuticals fundamental ratios Correlations

Conduit Pharmaceuticals Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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Cash	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets

Common Stock	- 1.0	Non Currrent Assets Other
Total Stockholder Equity	- 1.0	Other Current Liab
Common Stock	- 0.99	Other Stockholder Equity
Non Current Liabilities Total	- 0.99	Retained Earnings
Net Invested Capital	- 0.99	Net Debt
Non Current Assets Total	- 0.99	Net Debt