GeoVax Net Debt vs Non Current Assets Total Analysis

GOVX Stock  USD 2.95  0.25  9.26%   
GeoVax Labs financial indicator trend analysis is much more than just examining GeoVax Labs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeoVax Labs is a good investment. Please check the relationship between GeoVax Labs Net Debt and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy GeoVax Stock please use our How to Invest in GeoVax Labs guide.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GeoVax Labs Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between GeoVax Labs' Net Debt and Non Current Assets Total is -0.84. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of GeoVax Labs, assuming nothing else is changed. The correlation between historical values of GeoVax Labs' Net Debt 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 Net Debt of GeoVax Labs 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 Net Debt i.e., GeoVax Labs' Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 GeoVax Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeoVax Labs 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 GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy GeoVax Stock please use our How to Invest in GeoVax Labs guide.Selling General Administrative is likely to drop to about 5.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Total Operating Expenses19.1M14.1M6.0M5.9M
Cost Of Revenue15.6M56.3K20.7M21.8M

GeoVax Labs fundamental ratios Correlations

-0.090.650.690.970.91-0.99-0.550.530.990.860.99-0.210.680.77-0.070.590.660.661.0-0.250.08-0.220.790.55-0.43
-0.090.02-0.05-0.09-0.020.090.12-0.12-0.06-0.04-0.060.26-0.11-0.04-0.28-0.1-0.12-0.04-0.090.230.250.44-0.1-0.15-0.11
0.650.020.860.490.55-0.68-0.450.460.680.450.68-0.290.470.89-0.240.30.470.910.66-0.030.19-0.420.410.21-0.48
0.69-0.050.860.530.54-0.72-0.820.850.690.650.69-0.40.790.77-0.220.680.820.950.69-0.20.32-0.460.660.61-0.61
0.97-0.090.490.530.93-0.96-0.450.410.960.860.96-0.140.60.64-0.020.550.590.470.97-0.250.03-0.140.790.53-0.34
0.91-0.020.550.540.93-0.9-0.420.380.90.880.9-0.190.450.63-0.060.580.550.440.9-0.140.08-0.120.840.55-0.3
-0.990.09-0.68-0.72-0.96-0.90.57-0.55-0.99-0.84-0.990.19-0.72-0.790.16-0.58-0.69-0.68-0.990.27-0.170.22-0.78-0.540.51
-0.550.12-0.45-0.82-0.45-0.420.57-0.95-0.52-0.71-0.520.42-0.88-0.350.28-0.91-0.98-0.64-0.520.23-0.480.42-0.78-0.860.68
0.53-0.120.460.850.410.38-0.55-0.950.490.660.49-0.410.880.44-0.120.870.940.70.51-0.350.35-0.360.740.85-0.56
0.99-0.060.680.690.960.9-0.99-0.520.490.821.0-0.160.670.8-0.150.520.630.671.0-0.250.15-0.20.740.48-0.48
0.86-0.040.450.650.860.88-0.84-0.710.660.820.82-0.280.650.49-0.10.840.790.50.84-0.230.21-0.210.970.82-0.43
0.99-0.060.680.690.960.9-0.99-0.520.491.00.82-0.160.670.8-0.150.520.630.671.0-0.250.15-0.20.740.48-0.48
-0.210.26-0.29-0.4-0.14-0.190.190.42-0.41-0.16-0.28-0.16-0.25-0.27-0.34-0.39-0.39-0.35-0.2-0.010.250.37-0.37-0.44-0.11
0.68-0.110.470.790.60.45-0.72-0.880.880.670.650.67-0.250.49-0.190.770.910.680.68-0.390.35-0.380.680.72-0.67
0.77-0.040.890.770.640.63-0.79-0.350.440.80.490.8-0.270.49-0.080.240.420.870.78-0.150.04-0.160.420.19-0.35
-0.07-0.28-0.24-0.22-0.02-0.060.160.28-0.12-0.15-0.1-0.15-0.34-0.19-0.08-0.06-0.24-0.19-0.06-0.06-0.95-0.11-0.050.070.85
0.59-0.10.30.680.550.58-0.58-0.910.870.520.840.52-0.390.770.24-0.060.930.440.56-0.160.29-0.330.920.98-0.45
0.66-0.120.470.820.590.55-0.69-0.980.940.630.790.63-0.390.910.42-0.240.930.640.64-0.280.43-0.40.860.89-0.67
0.66-0.040.910.950.470.44-0.68-0.640.70.670.50.67-0.350.680.87-0.190.440.640.66-0.170.22-0.380.460.37-0.53
1.0-0.090.660.690.970.9-0.99-0.520.511.00.841.0-0.20.680.78-0.060.560.640.66-0.250.07-0.220.770.52-0.42
-0.250.23-0.03-0.2-0.25-0.140.270.23-0.35-0.25-0.23-0.25-0.01-0.39-0.15-0.06-0.16-0.28-0.17-0.25-0.040.42-0.22-0.270.22
0.080.250.190.320.030.08-0.17-0.480.350.150.210.150.250.350.04-0.950.290.430.220.07-0.040.060.210.17-0.89
-0.220.44-0.42-0.46-0.14-0.120.220.42-0.36-0.2-0.21-0.20.37-0.38-0.16-0.11-0.33-0.4-0.38-0.220.420.06-0.28-0.340.21
0.79-0.10.410.660.790.84-0.78-0.780.740.740.970.74-0.370.680.42-0.050.920.860.460.77-0.220.21-0.280.91-0.4
0.55-0.150.210.610.530.55-0.54-0.860.850.480.820.48-0.440.720.190.070.980.890.370.52-0.270.17-0.340.91-0.33
-0.43-0.11-0.48-0.61-0.34-0.30.510.68-0.56-0.48-0.43-0.48-0.11-0.67-0.350.85-0.45-0.67-0.53-0.420.22-0.890.21-0.4-0.33
Click cells to compare fundamentals

GeoVax Labs Account Relationship Matchups

GeoVax Labs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets468.9K10.4M11.8M31.3M9.3M4.9M
Other Current Liab1.9M359.3K3.4M3.0M716.9K792.8K
Total Current Liabilities2.0M810.3K5.4M4.7M3.5M3.7M
Total Stockholder Equity(1.6M)9.6M4.4M26.6M5.8M2.9M
Property Plant And Equipment Net10.6K159K168K2.4M209.7K391.7K
Net Debt(243.6K)(9.7M)(11.4M)(27.6M)(6.5M)(6.1M)
Retained Earnings(42.8M)(45.8M)(64.4M)(78.4M)(104.4M)(99.1M)
Accounts Payable152.7K267.7K2.1M1.7M2.8M2.9M
Cash283.3K9.9M11.4M27.6M6.5M3.3M
Non Current Assets Total21.6K159K168K2.4M1.4M779.5K
Cash And Short Term Investments283.3K9.9M11.4M27.6M6.5M3.3M
Net Receivables121.8K68.6K182.7K49.0K44.1K41.9K
Common Stock Shares Outstanding5.010.0201.342.5M2.9M3.1M
Liabilities And Stockholders Equity468.9K10.4M11.8M31.3M9.3M4.9M
Other Current Assets95.3K168.7K156.2K1.3M1.4M1.5M
Other Stockholder Equity39.3M55.3M68.7M105.0M110.1M115.6M
Total Liab2.0M825K7.4M4.7M3.5M2.0M
Total Current Assets447.3K10.2M11.6M28.9M7.9M4.1M
Common Stock300.03.8K6.4K26.3K2.0K1.9K
Property Plant Equipment10.6K147.7K156.9K234.9K211.4K229.1K
Common Stock Total Equity106.7K218.9K300.03.8K3.5K3.3K
Property Plant And Equipment Gross10.6K147.7K707.2K841.4K890.4K934.9K
Net Tangible Assets(3.5M)9.5M4.4M26.6M30.6M32.1M
Net Invested Capital(3.5M)9.7M4.4M26.6M5.8M6.0M
Net Working Capital(1.6M)9.4M6.2M24.2M4.4M6.5M
Capital Stock1.9M79.9K6.4K26.3K2.0K1.9K

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