Check Other Stockholder Equity vs Total Current Assets Analysis
CHEK Stock | USD 0.82 0.01 1.23% |
Check Cap financial indicator trend analysis is way more than just evaluating Check Cap prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Check Cap is a good investment. Please check the relationship between Check Cap Other Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Check Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Check Stock please use our How to buy in Check Stock guide.
Other Stockholder Equity vs Total Current Assets
Other Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Check Cap Other Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Check Cap's Other Stockholder Equity and Total Current Assets is 0.72. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Check Cap, assuming nothing else is changed. The correlation between historical values of Check Cap's Other Stockholder Equity 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 Stockholder Equity of Check Cap 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 Stockholder Equity i.e., Check Cap's Other Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
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 Check Cap's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Check Cap 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 Check Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Check Stock please use our How to buy in Check Stock guide.At this time, Check Cap's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 13.52 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 205K | 404K | 340K | 238.2K | Net Interest Income | 110K | 926K | 1.9M | 2.0M |
Check Cap fundamental ratios Correlations
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Check Cap Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check Cap fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.4M | 19.6M | 55.7M | 45.4M | 25.0M | 20.9M | |
Total Current Liabilities | 2.8M | 3.0M | 4.0M | 3.4M | 1.3M | 2.4M | |
Total Stockholder Equity | 6.2M | 16.4M | 50.7M | 41.3M | 23.7M | 17.3M | |
Other Liab | 182K | 154K | 132K | 94K | 84.6K | 80.4K | |
Property Plant And Equipment Net | 994K | 1.2M | 2.9M | 2.8M | 161K | 153.0K | |
Net Debt | (7.3M) | (7.3M) | (25.3M) | (3.1M) | (8.8M) | (9.3M) | |
Retained Earnings | (77.1M) | (91.0M) | (108.2M) | (127.3M) | (144.9M) | (137.6M) | |
Accounts Payable | 989K | 862K | 1.1M | 952K | 141K | 134.0K | |
Cash | 7.7M | 7.7M | 26.5M | 4.1M | 8.8M | 9.4M | |
Non Current Assets Total | 994K | 1.2M | 2.9M | 2.8M | 161K | 153.0K | |
Cash And Short Term Investments | 7.7M | 17.8M | 51.6M | 41.7M | 24.8M | 18.8M | |
Common Stock Total Equity | 974K | 3.5M | 5.4M | 31.6M | 36.4M | 38.2M | |
Common Stock Shares Outstanding | 399.3K | 1.5M | 4.1M | 5.7M | 5.8M | 6.1M | |
Short Term Investments | 11.0 | 10.1M | 25.1M | 37.6M | 15.9M | 9.4M | |
Liabilities And Stockholders Equity | 9.4M | 19.6M | 55.7M | 45.4M | 25.0M | 20.9M | |
Non Current Liabilities Total | 185K | 393K | 279K | 927K | 721K | 0.0 | |
Other Current Assets | 179K | 400K | 635K | 1.2M | 931K | 85.5K | |
Other Stockholder Equity | 78.0M | 75.7M | 90.1M | 84.9M | 84.8M | 65.8M | |
Total Liab | 3.2M | 3.3M | 5.0M | 4.1M | 1.3M | 2.6M | |
Property Plant And Equipment Gross | 994K | 1.2M | 2.9M | 2.8M | 3.3M | 3.5M | |
Total Current Assets | 8.4M | 18.4M | 52.8M | 42.6M | 24.9M | 19.8M | |
Accumulated Other Comprehensive Income | (619K) | (13K) | (852K) | (993K) | (893.7K) | (849.0K) | |
Common Stock | 5.4M | 31.6M | 68.8M | 83.7M | 83.7M | 87.9M | |
Property Plant Equipment | 994K | 1.2M | 2.9M | 2.8M | 3.2M | 3.4M | |
Net Tangible Assets | 6.2M | 16.4M | 50.7M | 41.3M | 47.5M | 49.9M | |
Net Receivables | 157K | 142K | 206K | 88K | 44K | 41.8K | |
Non Currrent Assets Other | 503K | 452K | 994K | (1.0) | (0.9) | (0.85) | |
Net Invested Capital | 6.2M | 16.4M | 50.7M | 41.3M | 23.7M | 24.7M | |
Net Working Capital | 5.6M | 15.4M | 48.7M | 39.2M | 23.5M | 23.7M | |
Capital Stock | 5.4M | 31.6M | 68.8M | 83.7M | 83.7M | 50.7M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Check Cap. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Check Stock please use our How to buy in Check Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Check Cap. If investors know Check 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 Check Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.00) | Return On Assets (0.32) | Return On Equity (0.54) |
The market value of Check Cap is measured differently than its book value, which is the value of Check that is recorded on the company's balance sheet. Investors also form their own opinion of Check Cap's value that differs from its market value or its book value, called intrinsic value, which is Check Cap'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 Check Cap's market value can be influenced by many factors that don't directly affect Check Cap'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 Check Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Check Cap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Check Cap'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.