Genenta Other Current Liab vs Common Stock Shares Outstanding Analysis

GNTA Stock  USD 4.69  0.11  2.29%   
Genenta Science financial indicator trend analysis is much more than just examining Genenta Science SpA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genenta Science SpA is a good investment. Please check the relationship between Genenta Science Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genenta Science SpA. 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.

Other Current Liab vs Common Stock Shares Outstanding

Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genenta Science SpA Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Genenta Science's Other Current Liab and Common Stock Shares Outstanding is -0.49. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Genenta Science SpA, assuming nothing else is changed. The correlation between historical values of Genenta Science's Other Current Liab and Common Stock Shares Outstanding 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 Genenta Science SpA are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Genenta Science's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Genenta Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genenta Science SpA 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 Genenta Science SpA. 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.
The current year's Enterprise Value is expected to grow to about 128.7 M, whereas Selling General Administrative is forecasted to decline to about 3.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.7K2.6M3.0M3.1M
Depreciation And Amortization5.1K6.0K42.5K44.6K

Genenta Science fundamental ratios Correlations

-0.87-0.81.00.74-0.54-0.48-0.50.030.480.780.44-0.250.990.870.340.40.710.57-0.8-0.811.01.00.81.00.8
-0.870.88-0.87-0.960.870.080.85-0.14-0.08-0.93-0.20.33-0.79-0.96-0.49-0.76-0.91-0.90.980.85-0.87-0.85-0.97-0.86-0.97
-0.80.88-0.82-0.880.810.010.740.32-0.01-0.670.040.69-0.75-0.78-0.5-0.63-0.73-0.780.870.99-0.82-0.8-0.85-0.82-0.85
1.0-0.87-0.820.75-0.55-0.48-0.510.00.470.780.43-0.270.990.870.330.40.710.59-0.81-0.821.01.00.811.00.81
0.74-0.96-0.880.75-0.910.17-0.950.11-0.170.86-0.05-0.460.660.860.580.890.820.93-0.99-0.830.750.730.960.740.96
-0.540.870.81-0.55-0.91-0.30.93-0.070.31-0.810.080.4-0.43-0.82-0.55-0.84-0.89-0.950.860.77-0.55-0.52-0.84-0.54-0.84
-0.480.080.01-0.480.17-0.3-0.440.0-1.0-0.14-0.88-0.39-0.56-0.250.510.55-0.130.21-0.060.06-0.48-0.5-0.04-0.49-0.04
-0.50.850.74-0.51-0.950.93-0.44-0.180.45-0.770.250.44-0.39-0.73-0.62-0.98-0.75-0.940.910.68-0.51-0.48-0.87-0.49-0.87
0.03-0.140.320.00.11-0.070.0-0.180.00.460.360.75-0.010.260.10.270.260.15-0.130.380.00.010.12-0.020.12
0.48-0.08-0.010.47-0.170.31-1.00.450.00.140.880.390.550.25-0.52-0.560.12-0.220.06-0.050.470.490.030.480.03
0.78-0.93-0.670.780.86-0.81-0.14-0.770.460.140.40.020.70.970.40.70.940.85-0.88-0.620.780.760.880.760.88
0.44-0.20.040.43-0.050.08-0.880.250.360.880.40.650.470.43-0.46-0.360.390.0-0.040.030.430.440.140.420.14
-0.250.330.69-0.27-0.460.4-0.390.440.750.390.020.65-0.23-0.1-0.47-0.4-0.06-0.320.410.71-0.27-0.26-0.35-0.28-0.35
0.99-0.79-0.750.990.66-0.43-0.56-0.39-0.010.550.70.47-0.230.810.30.290.620.46-0.72-0.770.990.990.710.990.71
0.87-0.96-0.780.870.86-0.82-0.25-0.730.260.250.970.43-0.10.810.380.620.960.83-0.89-0.760.870.860.90.860.9
0.34-0.49-0.50.330.58-0.550.51-0.620.1-0.520.4-0.46-0.470.30.380.690.30.38-0.52-0.510.330.330.350.320.35
0.4-0.76-0.630.40.89-0.840.55-0.980.27-0.560.7-0.36-0.40.290.620.690.630.86-0.84-0.560.40.380.780.390.78
0.71-0.91-0.730.710.82-0.89-0.13-0.750.260.120.940.39-0.060.620.960.30.630.89-0.83-0.690.710.690.860.70.86
0.57-0.9-0.780.590.93-0.950.21-0.940.15-0.220.850.0-0.320.460.830.380.860.89-0.92-0.710.590.550.930.570.93
-0.80.980.87-0.81-0.990.86-0.060.91-0.130.06-0.88-0.040.41-0.72-0.89-0.52-0.84-0.83-0.920.83-0.81-0.79-0.98-0.8-0.98
-0.810.850.99-0.82-0.830.770.060.680.38-0.05-0.620.030.71-0.77-0.76-0.51-0.56-0.69-0.710.83-0.82-0.8-0.8-0.82-0.8
1.0-0.87-0.821.00.75-0.55-0.48-0.510.00.470.780.43-0.270.990.870.330.40.710.59-0.81-0.821.00.811.00.81
1.0-0.85-0.81.00.73-0.52-0.5-0.480.010.490.760.44-0.260.990.860.330.380.690.55-0.79-0.81.00.781.00.78
0.8-0.97-0.850.810.96-0.84-0.04-0.870.120.030.880.14-0.350.710.90.350.780.860.93-0.98-0.80.810.780.81.0
1.0-0.86-0.821.00.74-0.54-0.49-0.49-0.020.480.760.42-0.280.990.860.320.390.70.57-0.8-0.821.01.00.80.8
0.8-0.97-0.850.810.96-0.84-0.04-0.870.120.030.880.14-0.350.710.90.350.780.860.93-0.98-0.80.810.781.00.8
Click cells to compare fundamentals

Genenta Science Account Relationship Matchups

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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 Genenta Science SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genenta Science's 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 Genenta Science Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genenta Science Spa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genenta Science SpA. 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.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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 Genenta Science. If investors know Genenta 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 Genenta Science listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Return On Assets
(0.26)
Return On Equity
(0.43)
The market value of Genenta Science SpA is measured differently than its book value, which is the value of Genenta that is recorded on the company's balance sheet. Investors also form their own opinion of Genenta Science's value that differs from its market value or its book value, called intrinsic value, which is Genenta Science'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 Genenta Science's market value can be influenced by many factors that don't directly affect Genenta Science'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 Genenta Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genenta Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genenta Science'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.