Hemostemix Cash Per Share vs Days Payables Outstanding Analysis

HEM Stock

CAD 0.08 0.01 5.88%

Hemostemix financial indicator trend analysis is much more than just examining Hemostemix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemostemix is a good investment. Please check the relationship between Hemostemix Cash Per Share and its Days Payables Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemostemix. 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.

Cash Per Share vs Days Payables Outstanding

Cash Per Share vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemostemix Cash Per Share account and Days Payables Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hemostemix's Cash Per Share and Days Payables Outstanding is -0.26. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Hemostemix, assuming nothing else is changed. The correlation between historical values of Hemostemix's Cash Per Share and Days Payables 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 Cash Per Share of Hemostemix are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Cash Per Share i.e., Hemostemix's Cash Per Share and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash Per Share

Days Payables Outstanding

Most indicators from Hemostemix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemostemix 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 Hemostemix. 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.

Issuance Of Capital Stock is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

Hemostemix fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		-0.31	-0.38	0.73	0.73	-0.02	-0.78	0.22	-0.17	0.94	-0.02	-0.13	0.95	0.21	-0.33	-0.2	0.18	-0.31	-0.44	0.07	1.0	0.2	-0.01	-0.01	-0.24	0.0
Other Current Liab	-0.31		0.71	-0.78	-0.73	-0.71	0.76	-0.87	0.57	-0.43	-0.7	0.63	-0.41	0.34	0.82	0.72	-0.42	0.9	0.86	-0.71	-0.27	-0.13	0.78	-0.71	0.44	-0.77
Total Current Liabilities	-0.38	0.71		-0.75	-0.79	-0.7	0.61	-0.76	0.8	-0.44	-0.72	0.66	-0.41	0.23	0.57	0.79	-0.69	0.72	0.77	-0.5	-0.33	-0.49	0.73	-0.69	0.19	-0.68
Total Stockholder Equity	0.73	-0.78	-0.75		0.99	0.54	-0.97	0.8	-0.52	0.7	0.54	-0.59	0.68	0.11	-0.84	-0.7	0.42	-0.84	-0.94	0.6	0.69	0.41	-0.63	0.54	-0.59	0.58
Net Tangible Assets	0.73	-0.73	-0.79	0.99		0.54	-0.94	0.79	-0.56	0.71	0.54	-0.56	0.69	0.09	-0.8	-0.69	0.45	-0.82	-0.91	0.53	0.7	0.5	-0.63	0.54	-0.53	0.59
Property Plant And Equipment Net	-0.02	-0.71	-0.7	0.54	0.54		-0.43	0.89	-0.65	0.02	1.0	-0.79	-0.03	-0.16	-0.7	-0.89	0.73	-0.79	-0.72	0.67	-0.09	0.34	-0.93	1.0	-0.46	0.97
Net Debt	-0.78	0.76	0.61	-0.97	-0.94	-0.43		-0.7	0.36	-0.76	-0.42	0.49	-0.74	-0.14	0.79	0.59	-0.31	0.76	0.87	-0.54	-0.75	-0.25	0.5	-0.43	0.6	-0.47
Retained Earnings	0.22	-0.87	-0.76	0.8	0.79	0.89	-0.7		-0.68	0.26	0.88	-0.79	0.23	-0.12	-0.92	-0.89	0.57	-0.97	-0.93	0.78	0.17	0.44	-0.96	0.89	-0.59	0.93
Accounts Payable	-0.17	0.57	0.8	-0.52	-0.56	-0.65	0.36	-0.68		-0.28	-0.64	0.6	-0.26	0.4	0.54	0.63	-0.64	0.69	0.58	-0.46	-0.13	-0.69	0.69	-0.64	0.0	-0.69
Cash	0.94	-0.43	-0.44	0.7	0.71	0.02	-0.76	0.26	-0.28		0.02	-0.13	0.99	-0.1	-0.33	-0.23	0.25	-0.36	-0.43	0.02	0.94	0.18	-0.07	0.04	-0.09	0.08
Non Current Assets Total	-0.02	-0.7	-0.72	0.54	0.54	1.0	-0.42	0.88	-0.64	0.02		-0.8	-0.04	-0.15	-0.68	-0.89	0.73	-0.77	-0.72	0.66	-0.09	0.33	-0.92	0.99	-0.45	0.95
Other Assets	-0.13	0.63	0.66	-0.59	-0.56	-0.79	0.49	-0.79	0.6	-0.13	-0.8		-0.08	0.0	0.62	0.91	-0.75	0.67	0.69	-0.71	-0.08	-0.21	0.85	-0.78	0.54	-0.72
Cash And Short Term Investments	0.95	-0.41	-0.41	0.68	0.69	-0.03	-0.74	0.23	-0.26	0.99	-0.04	-0.08		-0.11	-0.31	-0.16	0.16	-0.34	-0.41	0.01	0.95	0.17	-0.03	-0.02	-0.06	0.04
Net Receivables	0.21	0.34	0.23	0.11	0.09	-0.16	-0.14	-0.12	0.4	-0.1	-0.15	0.0	-0.11		-0.02	0.04	-0.15	0.17	-0.05	0.11	0.22	0.03	0.2	-0.16	-0.53	-0.26
Common Stock Shares Outstanding	-0.33	0.82	0.57	-0.84	-0.8	-0.7	0.79	-0.92	0.54	-0.33	-0.68	0.62	-0.31	-0.02		0.71	-0.32	0.96	0.94	-0.77	-0.28	-0.46	0.8	-0.7	0.67	-0.79
Inventory	-0.2	0.72	0.79	-0.7	-0.69	-0.89	0.59	-0.89	0.63	-0.23	-0.89	0.91	-0.16	0.04	0.71		-0.84	0.78	0.8	-0.73	-0.15	-0.37	0.89	-0.88	0.47	-0.84
Other Current Assets	0.18	-0.42	-0.69	0.42	0.45	0.73	-0.31	0.57	-0.64	0.25	0.73	-0.75	0.16	-0.15	-0.32	-0.84		-0.46	-0.45	0.44	0.13	0.37	-0.61	0.72	-0.05	0.62
Other Stockholder Equity	-0.31	0.9	0.72	-0.84	-0.82	-0.79	0.76	-0.97	0.69	-0.36	-0.77	0.67	-0.34	0.17	0.96	0.78	-0.46		0.94	-0.75	-0.26	-0.48	0.88	-0.79	0.54	-0.88
Total Liab	-0.44	0.86	0.77	-0.94	-0.91	-0.72	0.87	-0.93	0.58	-0.43	-0.72	0.69	-0.41	-0.05	0.94	0.8	-0.45	0.94		-0.77	-0.39	-0.43	0.81	-0.72	0.64	-0.75
Long Term Investments	0.07	-0.71	-0.5	0.6	0.53	0.67	-0.54	0.78	-0.46	0.02	0.66	-0.71	0.01	0.11	-0.77	-0.73	0.44	-0.75	-0.77		0.03	0.25	-0.7	0.65	-0.49	0.63
Total Current Assets	1.0	-0.27	-0.33	0.69	0.7	-0.09	-0.75	0.17	-0.13	0.94	-0.09	-0.08	0.95	0.22	-0.28	-0.15	0.13	-0.26	-0.39	0.03		0.18	0.05	-0.08	-0.21	-0.06
Intangible Assets	0.2	-0.13	-0.49	0.41	0.5	0.34	-0.25	0.44	-0.69	0.18	0.33	-0.21	0.17	0.03	-0.46	-0.37	0.37	-0.48	-0.43	0.25	0.18		-0.38	0.34	0.01	0.42
Common Stock	-0.01	0.78	0.73	-0.63	-0.63	-0.93	0.5	-0.96	0.69	-0.07	-0.92	0.85	-0.03	0.2	0.8	0.89	-0.61	0.88	0.81	-0.7	0.05	-0.38		-0.92	0.54	-0.95
Property Plant Equipment	-0.01	-0.71	-0.69	0.54	0.54	1.0	-0.43	0.89	-0.64	0.04	0.99	-0.78	-0.02	-0.16	-0.7	-0.88	0.72	-0.79	-0.72	0.65	-0.08	0.34	-0.92		-0.46	0.97
Short Long Term Debt Total	-0.24	0.44	0.19	-0.59	-0.53	-0.46	0.6	-0.59	0.0	-0.09	-0.45	0.54	-0.06	-0.53	0.67	0.47	-0.05	0.54	0.64	-0.49	-0.21	0.01	0.54	-0.46		-0.46
Current Deferred Revenue	0.0	-0.77	-0.68	0.58	0.59	0.97	-0.47	0.93	-0.69	0.08	0.95	-0.72	0.04	-0.26	-0.79	-0.84	0.62	-0.88	-0.75	0.63	-0.06	0.42	-0.95	0.97	-0.46

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Hemostemix Account Relationship Matchups

Hemostemix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	104.3K	2.3M	563.0K	465.3K	313.8K	298.1K
Other Current Liab	2.1M	3.2M	1.0M	2.6M	3.0M	3.2M
Total Current Liabilities	4.1M	3.4M	4.4M	2.6M	2.9M	2.4M
Total Stockholder Equity	(4.0M)	(1.1M)	(5.3M)	(6.8M)	(7.4M)	(7.0M)
Net Tangible Assets	487.8K	(4.0M)	(1.1M)	(6.8M)	(6.1M)	(5.8M)
Net Debt	2.0M	(83.0K)	1.3M	4.0M	4.2M	4.4M
Retained Earnings	(41.5M)	(49.2M)	(55.5M)	(60.8M)	(63.3M)	(60.1M)
Accounts Payable	2.1M	3.2M	4.4M	2.4K	2.9M	1.6M
Cash	24.1K	258.0K	219.4K	135.7K	155.4K	147.6K
Non Current Assets Total	4.5K	2.0K	902.0	407.0	184.0	174.8
Cash And Short Term Investments	24.1K	258.0K	219.4K	135.7K	155.4K	147.6K
Net Receivables	75.8K	2.1M	342.7K	138.9K	25.1K	23.8K
Common Stock Shares Outstanding	15.0M	32.2M	57.4M	70.0M	82.5M	86.6M
Liabilities And Stockholders Equity	104.3K	2.3M	563.0K	465.3K	313.8K	298.1K
Inventory	(88.2K)	(13.3K)	(45.5K)	(342.7)	(394.1)	(413.81)
Other Current Assets	13.3K	45.5K	342.7	190.3K	133.1K	101.6K
Other Stockholder Equity	6.0M	8.7M	10.1M	10.2M	11.9M	12.5M
Total Liab	4.1M	3.4M	5.8M	7.2M	7.7M	8.1M
Total Current Assets	99.8K	2.3M	562.1K	464.9K	313.6K	297.9K
Accumulated Other Comprehensive Income	439.7K	1.5M	1.5M	2.7M	1.5M	1.5M
Net Invested Capital	(2.0M)	(923.7K)	(3.8M)	(2.6M)	(3.0M)	(2.9M)
Net Working Capital	(4.0M)	(1.1M)	(3.8M)	(2.2M)	(2.6M)	(2.4M)

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