Clearmind Total Liab vs Non Current Assets Total Analysis
CMND Stock | USD 1.30 0.02 1.56% |
Clearmind Medicine financial indicator trend analysis is way more than just evaluating Clearmind Medicine Common prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearmind Medicine Common is a good investment. Please check the relationship between Clearmind Medicine Total Liab and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Liab vs Non Current Assets Total
Total Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearmind Medicine Common Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Clearmind Medicine's Total Liab and Non Current Assets Total is 0.45. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Clearmind Medicine Common, assuming nothing else is changed. The correlation between historical values of Clearmind Medicine's Total Liab and Non Current Assets Total 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 Liab of Clearmind Medicine Common are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Liab i.e., Clearmind Medicine's Total Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Clearmind Medicine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearmind Medicine Common 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 Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Clearmind Medicine's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 414.2 K, whereas Enterprise Value Over EBITDA is forecasted to decline to 0.40.
Clearmind Medicine fundamental ratios Correlations
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Clearmind Medicine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Clearmind Medicine fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 512.7K | 5.2M | 1.1M | 4.3M | 5.0M | 5.2M | |
Total Current Liabilities | 13.4K | 357.2K | 2.6M | 3.6M | 4.2M | 4.4M | |
Total Stockholder Equity | 499.3K | 4.8M | (1.5M) | 1.4M | 1.6M | 1.6M | |
Net Tangible Assets | 133.8K | 319.6K | 4.6M | (1.7M) | (1.9M) | (1.8M) | |
Retained Earnings | (539.7K) | (4.4M) | (13.8M) | (13.6M) | (12.3M) | (11.7M) | |
Accounts Payable | 4.0K | 281.5K | 1.0M | 448.2K | 515.4K | 541.2K | |
Cash | 329.8K | 4.6M | 175.8K | 3.9M | 4.5M | 4.7M | |
Total Liab | 13.4K | 357.2K | 2.6M | 3.6M | 4.2M | 4.4M | |
Total Current Assets | 333.0K | 4.9M | 593.3K | 4.2M | 4.8M | 5.1M | |
Common Stock | 891.7K | 7.9M | 9.2M | 12.4M | 14.3M | 15.0M | |
Other Current Liab | 6.1K | 6.7K | 1.6M | 3.2M | 3.6M | 3.8M | |
Property Plant And Equipment Net | 179.7K | 20.6K | 66.4K | 1.2K | 1.1K | 1.1K | |
Net Debt | (329.8K) | (4.6M) | (123.4K) | (3.9M) | (3.5M) | (3.4M) | |
Non Current Assets Total | 179.7K | 238.6K | 534.7K | 115.3K | 132.6K | 224.1K | |
Cash And Short Term Investments | 329.8K | 4.6M | 440.2K | 4.0M | 4.6M | 4.8M | |
Net Receivables | 3.1K | 129.8K | 133.7K | 174.6K | 200.8K | 210.8K | |
Liabilities And Stockholders Equity | 512.7K | 5.2M | 1.1M | 4.3M | 5.0M | 5.2M | |
Non Current Liabilities Total | 7.6K | 12.7K | 5.3K | 348.9K | 2.0M | 0.0 | |
Common Stock Shares Outstanding | 18.1K | 30.9K | 43.3K | 202.5K | 232.9K | 244.5K | |
Other Stockholder Equity | 369.7K | 2.9M | 2.5M | 2.6M | 3.0M | 1.6M | |
Net Invested Capital | 499.3K | 4.8M | (1.5M) | 983.5K | 885.1K | 785.4K | |
Capital Stock | 891.7K | 7.9M | 9.2M | 17.1M | 19.7M | 20.7M | |
Net Working Capital | 319.6K | 4.6M | (2.0M) | 824.8K | 742.3K | 579.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Clearmind Medicine Common is a strong investment it is important to analyze Clearmind Medicine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clearmind Medicine's future performance. For an informed investment choice regarding Clearmind Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearmind Medicine Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Biotechnology 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 Clearmind Medicine. If investors know Clearmind 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 Clearmind Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Return On Assets (0.58) | Return On Equity (2.68) |
The market value of Clearmind Medicine Common is measured differently than its book value, which is the value of Clearmind that is recorded on the company's balance sheet. Investors also form their own opinion of Clearmind Medicine's value that differs from its market value or its book value, called intrinsic value, which is Clearmind Medicine'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 Clearmind Medicine's market value can be influenced by many factors that don't directly affect Clearmind Medicine'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 Clearmind Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearmind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearmind Medicine'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.