Ensysce Change To Liabilities vs Other Non Cash Items Analysis

ENSC Stock  USD 0.59  0.07  10.61%   
Ensysce Biosciences financial indicator trend analysis is much more than just examining Ensysce Biosciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ensysce Biosciences is a good investment. Please check the relationship between Ensysce Biosciences Change To Liabilities and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ensysce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ensysce Stock refer to our How to Trade Ensysce Stock guide.

Change To Liabilities vs Other Non Cash Items

Change To Liabilities vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ensysce Biosciences Change To Liabilities account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ensysce Biosciences' Change To Liabilities and Other Non Cash Items is 0.24. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Ensysce Biosciences, assuming nothing else is changed. The correlation between historical values of Ensysce Biosciences' Change To Liabilities and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Ensysce Biosciences are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Liabilities i.e., Ensysce Biosciences' Change To Liabilities and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Liabilities

Other Non Cash Items

Most indicators from Ensysce Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ensysce Biosciences 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ensysce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ensysce Stock refer to our How to Trade Ensysce Stock guide.At present, Ensysce Biosciences' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 3.22, whereas Issuance Of Capital Stock is forecasted to decline to about 8.5 M.
 2023 2024 (projected)
Interest Income98.6K93.6K
Tax Provision281.2K373.2K

Ensysce Biosciences fundamental ratios Correlations

-0.80.870.96-0.250.870.870.781.0-0.97-0.180.751.0-0.41.00.78-0.79-0.771.00.36-0.56-1.01.00.68-0.73-0.93
-0.8-0.73-0.730.71-0.78-0.76-0.74-0.820.690.71-0.67-0.820.79-0.83-0.470.680.43-0.82-0.780.80.78-0.82-0.260.930.78
0.87-0.730.83-0.240.740.730.860.87-0.84-0.20.880.87-0.360.870.65-0.69-0.660.880.35-0.52-0.870.880.58-0.66-0.8
0.96-0.730.83-0.240.820.820.720.96-0.99-0.10.710.96-0.350.960.84-0.6-0.790.960.31-0.34-0.970.950.83-0.76-0.92
-0.250.71-0.24-0.24-0.2-0.17-0.19-0.280.150.93-0.12-0.280.67-0.290.050.07-0.2-0.28-0.970.560.24-0.30.220.790.2
0.87-0.780.740.82-0.21.00.910.87-0.83-0.260.870.88-0.660.880.77-0.77-0.680.880.34-0.5-0.860.830.56-0.65-0.98
0.87-0.760.730.82-0.171.00.910.87-0.83-0.240.860.88-0.640.880.78-0.77-0.680.870.32-0.49-0.860.830.57-0.64-0.98
0.78-0.740.860.72-0.190.910.910.78-0.73-0.290.990.79-0.640.790.66-0.73-0.610.790.34-0.5-0.770.750.46-0.6-0.88
1.0-0.820.870.96-0.280.870.870.78-0.97-0.210.751.0-0.421.00.77-0.78-0.761.00.39-0.57-1.01.00.67-0.75-0.93
-0.970.69-0.84-0.990.15-0.83-0.83-0.73-0.970.02-0.72-0.960.29-0.97-0.870.650.8-0.96-0.240.350.98-0.96-0.830.690.92
-0.180.71-0.2-0.10.93-0.26-0.24-0.29-0.210.02-0.21-0.210.82-0.220.160.2-0.22-0.21-0.930.670.15-0.220.390.690.2
0.75-0.670.880.71-0.120.870.860.990.75-0.72-0.210.76-0.550.760.68-0.67-0.60.760.27-0.42-0.750.720.49-0.55-0.85
1.0-0.820.870.96-0.280.880.880.791.0-0.96-0.210.76-0.431.00.77-0.79-0.761.00.39-0.57-0.991.00.67-0.75-0.94
-0.40.79-0.36-0.350.67-0.66-0.64-0.64-0.420.290.82-0.55-0.43-0.44-0.170.420.18-0.43-0.690.580.36-0.390.030.730.57
1.0-0.830.870.96-0.290.880.880.791.0-0.97-0.220.761.0-0.440.77-0.78-0.761.00.39-0.57-0.991.00.67-0.76-0.94
0.78-0.470.650.840.050.770.780.660.77-0.870.160.680.77-0.170.77-0.41-0.570.770.09-0.07-0.820.730.8-0.46-0.84
-0.790.68-0.69-0.60.07-0.77-0.77-0.73-0.780.650.2-0.67-0.790.42-0.78-0.410.67-0.79-0.210.790.74-0.78-0.280.40.73
-0.770.43-0.66-0.79-0.2-0.68-0.68-0.61-0.760.8-0.22-0.6-0.760.18-0.76-0.570.67-0.760.180.220.76-0.76-0.830.390.74
1.0-0.820.880.96-0.280.880.870.791.0-0.96-0.210.761.0-0.431.00.77-0.79-0.760.39-0.57-0.991.00.67-0.75-0.94
0.36-0.780.350.31-0.970.340.320.340.39-0.24-0.930.270.39-0.690.390.09-0.210.180.39-0.64-0.350.4-0.22-0.79-0.33
-0.560.8-0.52-0.340.56-0.5-0.49-0.5-0.570.350.67-0.42-0.570.58-0.57-0.070.790.22-0.57-0.640.5-0.590.170.560.44
-1.00.78-0.87-0.970.24-0.86-0.86-0.77-1.00.980.15-0.75-0.990.36-0.99-0.820.740.76-0.99-0.350.5-0.99-0.720.720.93
1.0-0.820.880.95-0.30.830.830.751.0-0.96-0.220.721.0-0.391.00.73-0.78-0.761.00.4-0.59-0.990.66-0.75-0.9
0.68-0.260.580.830.220.560.570.460.67-0.830.390.490.670.030.670.8-0.28-0.830.67-0.220.17-0.720.66-0.38-0.69
-0.730.93-0.66-0.760.79-0.65-0.64-0.6-0.750.690.69-0.55-0.750.73-0.76-0.460.40.39-0.75-0.790.560.72-0.75-0.380.71
-0.930.78-0.8-0.920.2-0.98-0.98-0.88-0.930.920.2-0.85-0.940.57-0.94-0.840.730.74-0.94-0.330.440.93-0.9-0.690.71
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Ensysce Biosciences Account Relationship Matchups

Ensysce Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets196.5M351.8K16.4M5.9M2.7M2.6M
Total Current Liabilities2.8M7.0M16.5M9.5M3.3M6.2M
Total Stockholder Equity186.2M(6.4M)(8.2M)(4.0M)(322.9K)(306.7K)
Retained Earnings2.5M(56.0M)(85.8M)(110.9M)(121.6M)(115.5M)
Cash1.1M194.2K12.3M3.1M1.1M1.1M
Other Assets5K3.8K754.8K585.9K527.3K500.9K
Cash And Short Term Investments1.1M194.2K12.3M3.1M1.1M1.1M
Common Stock Shares Outstanding98.3K68.8K84.0K179.9K2.3M3.9M
Long Term Debt Total566.3K791.3K4.4M140.2K161.2K153.1K
Liabilities And Stockholders Equity196.5M351.8K16.4M5.9M2.7M2.6M
Capital Surpluse2.9M2.5M78.0M107.2M123.3M129.5M
Total Liab10.3M7.0M24.6M9.9M3.4M3.2M
Total Current Assets1.2M347.9K15.7M5.3M2.3M2.2M
Short Term Debt2.6M4.3M12.7M4.3M854.7K812.0K
Common Stock181.2M1.6K2.5K642.0315.0299.25
Other Current Liab2.8M856.0K3.4M2.3M542.3K515.1K
Net Debt(494.9K)4.1M483.4K1.3M(268.9K)(255.5K)
Accounts Payable540.8K1.7M301.1K2.9M1.9M1.4M
Non Current Assets Total195.3M3.9K754.8K585.9K419.2K398.3K
Non Currrent Assets Other(351.0)3.8K(24.7B)558.7K419.2K440.2K
Non Current Liabilities Total7.6M6.8M8.1M450.5K26.4K25.1K
Other Current Assets138.6K153.7K3.4M2.2M1.1M1.3M
Other Stockholder Equity2.5M49.5M77.7M106.9M121.2M127.3M

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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 Ensysce Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ensysce Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ensysce Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ensysce Biosciences Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ensysce Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ensysce Stock refer to our How to Trade Ensysce Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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 Ensysce Biosciences. If investors know Ensysce 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 Ensysce Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.94)
Revenue Per Share
0.274
Quarterly Revenue Growth
(0.63)
Return On Assets
(1.32)
Return On Equity
(4.28)
The market value of Ensysce Biosciences is measured differently than its book value, which is the value of Ensysce that is recorded on the company's balance sheet. Investors also form their own opinion of Ensysce Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Ensysce Biosciences' 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 Ensysce Biosciences' market value can be influenced by many factors that don't directly affect Ensysce Biosciences' 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 Ensysce Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensysce Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensysce Biosciences' 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.