GANX Stock | | | USD 1.74 0.01 0.58% |
Gain Therapeutics financial indicator trend analysis is much more than just examining Gain Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gain Therapeutics is a good investment. Please check the relationship between Gain Therapeutics Other Current Liab and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gain Therapeutics. 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.
For more information on how to buy Gain Stock please use our
How to Invest in Gain Therapeutics guide.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gain Therapeutics Other Current Liab account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gain Therapeutics' Other Current Liab and Cash is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Gain Therapeutics, assuming nothing else is changed. The correlation between historical values of Gain Therapeutics' Other Current Liab and Cash 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 Current Liab of Gain Therapeutics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Gain Therapeutics' Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Cash
Cash refers to the most liquid asset of Gain Therapeutics, which is listed under current asset account on Gain Therapeutics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gain Therapeutics customers. The amounts must be unrestricted with restricted cash listed in a different Gain Therapeutics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Gain Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gain Therapeutics 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gain Therapeutics. 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.
For more information on how to buy Gain Stock please use our
How to Invest in Gain Therapeutics guide.At this time, Gain Therapeutics'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to rise to about 11.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 3
M in 2024.
Gain Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Gain Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gain Therapeutics fundamental ratios Accounts
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Additional Tools for Gain Stock Analysis
When running Gain Therapeutics' price analysis, check to
measure Gain Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gain Therapeutics is operating at the current time. Most of Gain Therapeutics' value examination focuses on studying past and present price action to
predict the probability of Gain Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gain Therapeutics' price. Additionally, you may evaluate how the addition of Gain Therapeutics to your portfolios can decrease your overall portfolio volatility.