Genetic Short Term Debt vs Other Stockholder Equity Analysis

GTG Stock

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Genetic Technologies financial indicator trend analysis is much more than just examining Genetic Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genetic Technologies is a good investment. Please check the relationship between Genetic Technologies Short Term Debt and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genetic Technologies. 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 Genetic Stock please use our How to Invest in Genetic Technologies guide.

Short Term Debt vs Other Stockholder Equity

Short Term Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genetic Technologies Short Term Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Genetic Technologies' Short Term Debt and Other Stockholder Equity is -0.53. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Genetic Technologies, assuming nothing else is changed. The correlation between historical values of Genetic Technologies' Short Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Genetic Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Debt i.e., Genetic Technologies' Short Term Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Other Stockholder Equity

Most indicators from Genetic Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genetic Technologies 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 Genetic Technologies. 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 Genetic Stock please use our How to Invest in Genetic Technologies guide.At this time, Genetic Technologies' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop slightly above 2.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.1M	18.1M	3.9M	3.7M
Cost Of Revenue	321.2K	4.3M	3.8M	3.9M

Total Operating Expenses Cost Of Revenue

Genetic Technologies fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Good Will	Other Current Assets	Short Term Debt
Total Assets		0.05	-0.14	0.98	0.81	-0.9	-0.09	-0.2	0.9	0.2	-0.59	0.9	0.09	0.28	-0.16	-0.1	-0.42	-0.08	0.43	0.94	0.32	0.22	-0.4	-0.03	-0.08	-0.35
Other Current Liab	0.05		0.36	-0.06	0.35	0.22	0.08	0.31	-0.19	0.45	-0.11	-0.18	0.24	-0.07	0.16	0.21	-0.14	0.64	0.35	-0.12	-0.02	0.28	0.62	0.09	-0.01	0.07
Total Current Liabilities	-0.14	0.36		-0.31	0.13	0.41	-0.55	0.84	-0.38	0.46	-0.06	-0.38	0.82	0.22	-0.18	-0.19	-0.52	0.73	0.71	-0.31	0.32	0.24	0.22	-0.35	0.1	0.83
Total Stockholder Equity	0.98	-0.06	-0.31		0.73	-0.94	0.0	-0.36	0.93	0.11	-0.55	0.93	-0.06	0.23	-0.1	-0.05	-0.32	-0.26	0.29	0.95	0.26	0.18	-0.49	0.05	-0.09	-0.46
Property Plant And Equipment Net	0.81	0.35	0.13	0.73		-0.55	-0.07	0.12	0.57	0.56	-0.64	0.57	0.29	0.18	-0.1	-0.07	-0.45	0.28	0.62	0.62	0.25	0.38	-0.09	-0.11	-0.11	-0.25
Net Debt	-0.9	0.22	0.41	-0.94	-0.55		0.16	0.47	-1.0	0.21	0.47	-1.0	0.13	-0.4	0.32	0.26	0.24	0.37	-0.15	-0.98	-0.4	0.07	0.49	0.07	0.04	0.47
Retained Earnings	-0.09	0.08	-0.55	0.0	-0.07	0.16		-0.37	-0.18	0.22	0.24	-0.18	-0.5	-0.86	0.75	0.71	0.54	-0.33	-0.59	-0.17	-0.91	0.35	0.08	0.59	-0.38	-0.56
Accounts Payable	-0.2	0.31	0.84	-0.36	0.12	0.47	-0.37		-0.44	0.51	-0.04	-0.44	0.7	0.25	-0.18	-0.18	-0.26	0.83	0.58	-0.39	0.28	0.08	0.26	-0.38	0.01	0.61
Cash	0.9	-0.19	-0.38	0.93	0.57	-1.0	-0.18	-0.44		-0.21	-0.48	1.0	-0.09	0.42	-0.35	-0.28	-0.26	-0.3	0.17	0.99	0.42	-0.08	-0.45	-0.1	-0.04	-0.45
Non Current Assets Total	0.2	0.45	0.46	0.11	0.56	0.21	0.22	0.51	-0.21		-0.39	-0.21	0.3	-0.28	0.29	0.21	-0.19	0.42	0.46	-0.15	-0.2	0.48	0.18	-0.05	-0.12	0.09
Non Currrent Assets Other	-0.59	-0.11	-0.06	-0.55	-0.64	0.47	0.24	-0.04	-0.48	-0.39		-0.48	-0.17	-0.33	0.37	0.43	0.45	-0.15	-0.45	-0.46	-0.39	0.12	-0.11	0.47	0.05	0.19
Cash And Short Term Investments	0.9	-0.18	-0.38	0.93	0.57	-1.0	-0.18	-0.44	1.0	-0.21	-0.48		-0.09	0.42	-0.35	-0.28	-0.26	-0.3	0.17	0.99	0.42	-0.08	-0.44	-0.1	-0.04	-0.45
Net Receivables	0.09	0.24	0.82	-0.06	0.29	0.13	-0.5	0.7	-0.09	0.3	-0.17	-0.09		0.24	-0.18	-0.16	-0.63	0.59	0.67	-0.01	0.32	0.35	0.08	-0.26	-0.35	0.71
Common Stock Total Equity	0.28	-0.07	0.22	0.23	0.18	-0.4	-0.86	0.25	0.42	-0.28	-0.33	0.42	0.24		-0.8	-0.73	-0.36	0.26	0.48	0.38	0.98	-0.53	-0.11	-0.57	0.35	0.2
Common Stock Shares Outstanding	-0.16	0.16	-0.18	-0.1	-0.1	0.32	0.75	-0.18	-0.35	0.29	0.37	-0.35	-0.18	-0.8		0.98	0.06	-0.24	-0.18	-0.26	-0.77	0.75	-0.15	0.88	-0.26	-0.07
Inventory	-0.1	0.21	-0.19	-0.05	-0.07	0.26	0.71	-0.18	-0.28	0.21	0.43	-0.28	-0.16	-0.73	0.98		0.04	-0.19	-0.14	-0.17	-0.7	0.76	-0.2	0.94	-0.21	-0.1
Other Stockholder Equity	-0.42	-0.14	-0.52	-0.32	-0.45	0.24	0.54	-0.26	-0.26	-0.19	0.45	-0.26	-0.63	-0.36	0.06	0.04		-0.31	-0.84	-0.35	-0.49	-0.43	0.17	0.04	-0.07	-0.53
Total Liab	-0.08	0.64	0.73	-0.26	0.28	0.37	-0.33	0.83	-0.3	0.42	-0.15	-0.3	0.59	0.26	-0.24	-0.19	-0.31		0.6	-0.25	0.31	0.05	0.56	-0.38	0.13	0.43
Property Plant And Equipment Gross	0.43	0.35	0.71	0.29	0.62	-0.15	-0.59	0.58	0.17	0.46	-0.45	0.17	0.67	0.48	-0.18	-0.14	-0.84	0.6		0.27	0.61	0.36	-0.1	-0.19	0.21	0.47
Total Current Assets	0.94	-0.12	-0.31	0.95	0.62	-0.98	-0.17	-0.39	0.99	-0.15	-0.46	0.99	-0.01	0.38	-0.26	-0.17	-0.35	-0.25	0.27		0.4	0.06	-0.49	-0.01	-0.04	-0.39
Common Stock	0.32	-0.02	0.32	0.26	0.25	-0.4	-0.91	0.28	0.42	-0.2	-0.39	0.42	0.32	0.98	-0.77	-0.7	-0.49	0.31	0.61	0.4		-0.42	-0.13	-0.55	0.4	0.26
Property Plant Equipment	0.22	0.28	0.24	0.18	0.38	0.07	0.35	0.08	-0.08	0.48	0.12	-0.08	0.35	-0.53	0.75	0.76	-0.43	0.05	0.36	0.06	-0.42		-0.25	0.66	-0.3	0.19
Short Long Term Debt Total	-0.4	0.62	0.22	-0.49	-0.09	0.49	0.08	0.26	-0.45	0.18	-0.11	-0.44	0.08	-0.11	-0.15	-0.2	0.17	0.56	-0.1	-0.49	-0.13	-0.25		-0.38	-0.07	0.1
Good Will	-0.03	0.09	-0.35	0.05	-0.11	0.07	0.59	-0.38	-0.1	-0.05	0.47	-0.1	-0.26	-0.57	0.88	0.94	0.04	-0.38	-0.19	-0.01	-0.55	0.66	-0.38		-0.17	-0.19
Other Current Assets	-0.08	-0.01	0.1	-0.09	-0.11	0.04	-0.38	0.01	-0.04	-0.12	0.05	-0.04	-0.35	0.35	-0.26	-0.21	-0.07	0.13	0.21	-0.04	0.4	-0.3	-0.07	-0.17		0.08
Short Term Debt	-0.35	0.07	0.83	-0.46	-0.25	0.47	-0.56	0.61	-0.45	0.09	0.19	-0.45	0.71	0.2	-0.07	-0.1	-0.53	0.43	0.47	-0.39	0.26	0.19	0.1	-0.19	0.08

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Genetic Technologies Account Relationship Matchups

Genetic Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.6M	23.0M	20.8M	14.9M	6.2M	5.9M
Other Current Liab	1.0M	955.5K	1.6M	1.3M	1.1M	940.6K
Total Current Liabilities	1.4M	1.4M	3.8M	3.3M	4.2M	4.4M
Total Stockholder Equity	14.0M	21.5M	16.4M	11.2M	1.8M	1.7M
Property Plant And Equipment Net	440.2K	637.7K	953.3K	599.2K	264.5K	251.3K
Net Debt	(13.7M)	(20.7M)	(11.1M)	(7.3M)	(145.4K)	(152.7K)
Retained Earnings	(136.0M)	(143.1M)	(150.2M)	(156.7M)	(166.4M)	(158.1M)
Accounts Payable	350.2K	269.7K	1.2M	838.0K	1.5M	851.7K
Cash	14.2M	20.9M	11.7M	7.9M	1.0M	969.6K
Non Current Assets Total	440.2K	735.6K	6.1M	4.2M	2.5M	2.4M
Non Currrent Assets Other	(440.2K)	(9.5M)	(6.1M)	(4.2M)	81.7K	85.8K
Cash And Short Term Investments	14.2M	20.9M	11.7M	7.9M	1.0M	969.6K
Net Receivables	38.9K	1.1M	2.4M	191.9K	2.1M	2.2M
Common Stock Shares Outstanding	41.6M	85.4M	92.2M	101.4M	132.2M	263.1M
Liabilities And Stockholders Equity	15.6M	23.0M	20.8M	14.9M	6.2M	5.9M
Inventory	91.4K	76.9K	398.2K	325.9K	206.5K	196.1K
Other Stockholder Equity	1.2M	(10.5M)	(4.9M)	(4.6M)	(4.2M)	(4.0M)
Total Liab	1.6M	1.4M	4.4M	3.7M	4.4M	2.3M
Property Plant And Equipment Gross	440.2K	1.3M	1.9M	1.8M	1.5M	946.1K
Total Current Assets	15.2M	22.2M	14.7M	10.5M	3.7M	3.5M
Common Stock	140.1M	153.6M	155.1M	161.3M	163.8M	99.3M
Property Plant Equipment	440.2K	637.7K	953.3K	599.2K	539.3K	876.6K
Other Current Assets	846.3K	182.6K	18.2K	2.1M	341.7K	390.1K
Short Term Investments	2.0K	1.9K	13.3K	17.4K	18.8K	17.9K
Non Current Liabilities Total	52.3K	33.3K	558.9K	381.6K	160.6K	152.6K
Accumulated Other Comprehensive Income	8.8M	11.0M	11.5M	6.5M	4.4M	4.3M
Other Liab	979.2K	8.9K	170.5K	152.3K	175.2K	133.1K
Net Tangible Assets	13.0M	21.5M	11.3M	7.5M	8.7M	11.1M
Long Term Debt Total	240.9K	24.4K	388.4K	229.3K	263.7K	138.8K
Net Invested Capital	13.1M	21.5M	16.4M	11.2M	2.5M	2.4M
Net Working Capital	13.8M	20.8M	10.9M	7.2M	(500.1K)	(475.1K)

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