Incannex Net Debt vs Total Stockholder Equity Analysis
IXHL Stock | USD 1.98 0.01 0.51% |
Incannex Healthcare financial indicator trend analysis is infinitely more than just investigating Incannex Healthcare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Incannex Healthcare is a good investment. Please check the relationship between Incannex Healthcare Net Debt and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Incannex Healthcare Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Net Debt vs Total Stockholder Equity
Net Debt vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Incannex Healthcare Net Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Incannex Healthcare's Net Debt and Total Stockholder Equity is -0.77. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Incannex Healthcare Ltd, assuming nothing else is changed. The correlation between historical values of Incannex Healthcare's Net Debt and Total 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 Net Debt of Incannex Healthcare Ltd are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Debt i.e., Incannex Healthcare's Net Debt and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Incannex Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Incannex Healthcare 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 Incannex Healthcare Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Incannex Healthcare's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 31.5 K this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2023 | 2024 (projected) | Interest Expense | 6.3K | 5.6K | 5.4K | Depreciation And Amortization | 11.4M | 103K | 97.9K |
Incannex Healthcare fundamental ratios Correlations
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Incannex Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Incannex Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9M | 7.0M | 26.1M | 58.6M | 17.0M | 14.6M | |
Other Current Liab | 330.9K | 392.1K | 1.1M | 1.9M | 4.8M | 5.1M | |
Total Current Liabilities | 736.4K | 567.3K | 1.4M | 2.5M | 5.6M | 5.9M | |
Total Stockholder Equity | 2.2M | 6.4M | 24.7M | 55.7M | 11.2M | 11.4M | |
Property Plant And Equipment Net | 97.7K | 85.4K | 0.0 | 786.0K | 845K | 802.8K | |
Net Debt | (2.5M) | (6.9M) | (25.8M) | (21.6M) | (5.5M) | (5.2M) | |
Retained Earnings | (22.3M) | (33.0M) | (40.4M) | (52.1M) | (110.7M) | (105.1M) | |
Accounts Payable | 405.5K | 175.1K | 894.8K | 1.8M | 527K | 528.0K | |
Cash | 2.5M | 6.9M | 25.8M | 22.1M | 5.9M | 4.5M | |
Non Current Assets Total | 168.7K | 134.8K | 0.0 | 35.7M | 845K | 802.8K | |
Cash And Short Term Investments | 2.5M | 6.9M | 25.8M | 22.1M | 5.9M | 4.5M | |
Net Receivables | 284.0K | 127.0K | 219.3K | 256.5K | 10.0M | 10.5M | |
Common Stock Shares Outstanding | 17.1M | 24.5M | 11.9M | 15.4M | 16.2M | 17.0M | |
Liabilities And Stockholders Equity | 2.9M | 7.0M | 26.1M | 58.6M | 17.0M | 14.2M | |
Non Current Liabilities Total | 590.1K | 233.1K | 1.3M | 407.8K | 210K | 199.5K | |
Total Liab | 736.4K | 567.3K | 1.4M | 3.0M | 5.8M | 6.1M | |
Total Current Assets | 2.9M | 7.0M | 26.1M | 23.0M | 16.2M | 17.0M | |
Accumulated Other Comprehensive Income | 1.0M | 3.3M | 0.0 | 12.1M | (3.3M) | (3.2M) | |
Common Stock | 23.5M | 34.5M | 59.6M | 99.8M | 2K | 1.9K | |
Other Current Assets | 17.3K | 36.1K | 419.8K | 1.7M | 10.7M | 11.2M | |
Inventory | 125.9K | (178.1K) | (337.5K) | (416.2K) | (10.0M) | (9.5M) | |
Net Tangible Assets | 3.2M | 8.6M | 35.9M | 31.4M | 36.1M | 37.9M | |
Net Invested Capital | 3.2M | 8.6M | 52.1M | 84.1M | 11.2M | 10.7M | |
Net Working Capital | 3.2M | 8.6M | 52.1M | 30.8M | 10.6M | 16.4M | |
Capital Stock | 34.2M | 45.9M | 125.9M | 150.8M | 2K | 1.9K |
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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 Incannex Healthcare. If investors know Incannex 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 Incannex Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.296 | Return On Assets (0.57) | Return On Equity (1.15) |
The market value of Incannex Healthcare is measured differently than its book value, which is the value of Incannex that is recorded on the company's balance sheet. Investors also form their own opinion of Incannex Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Incannex Healthcare'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 Incannex Healthcare's market value can be influenced by many factors that don't directly affect Incannex Healthcare'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 Incannex Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incannex Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incannex Healthcare'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.