Lexaria Accounts Payable vs Total Liab Analysis

LEXX Stock  USD 2.13  0.02  0.93%   
Lexaria Bioscience financial indicator trend analysis is infinitely more than just investigating Lexaria Bioscience Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexaria Bioscience Corp is a good investment. Please check the relationship between Lexaria Bioscience Accounts Payable and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexaria Bioscience Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lexaria Bioscience Corp Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lexaria Bioscience's Accounts Payable and Total Liab is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Lexaria Bioscience Corp, assuming nothing else is changed. The correlation between historical values of Lexaria Bioscience's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Lexaria Bioscience Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Lexaria Bioscience's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Lexaria Bioscience obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lexaria Bioscience Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Lexaria Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexaria Bioscience Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexaria Bioscience Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Lexaria Bioscience's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 415.56 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

Lexaria Bioscience fundamental ratios Correlations

-0.130.060.980.13-0.87-0.450.040.930.220.940.35-0.070.030.320.520.070.220.93-0.44-0.12-0.640.58-0.11-0.36-0.17
-0.13-0.12-0.11-0.310.11-0.560.72-0.13-0.18-0.120.550.070.630.570.56-0.06-0.16-0.09-0.11-0.42-0.420.12-0.44-0.38-0.2
0.06-0.12-0.110.960.420.30.22-0.270.95-0.26-0.51-0.270.13-0.31-0.251.00.96-0.28-0.30.570.120.160.570.41-0.2
0.98-0.11-0.11-0.04-0.94-0.50.00.980.060.980.42-0.02-0.010.380.56-0.10.050.98-0.4-0.23-0.670.54-0.21-0.42-0.15
0.13-0.310.96-0.040.350.330.1-0.20.97-0.2-0.55-0.290.02-0.4-0.290.950.97-0.22-0.270.650.160.190.650.42-0.12
-0.870.110.42-0.940.350.450.17-0.990.28-0.99-0.48-0.020.14-0.34-0.480.410.28-0.990.210.360.57-0.410.350.460.05
-0.45-0.560.3-0.50.330.45-0.6-0.440.14-0.44-0.88-0.19-0.6-0.89-0.970.240.15-0.490.250.60.81-0.480.620.630.37
0.040.720.220.00.10.17-0.6-0.110.25-0.10.410.140.850.670.660.280.29-0.08-0.49-0.15-0.610.07-0.19-0.44-0.23
0.93-0.13-0.270.98-0.2-0.99-0.44-0.11-0.121.00.43-0.01-0.10.330.49-0.26-0.131.0-0.3-0.28-0.60.46-0.27-0.43-0.08
0.22-0.180.950.060.970.280.140.25-0.12-0.12-0.38-0.260.2-0.21-0.080.950.99-0.13-0.360.57-0.010.280.560.28-0.17
0.94-0.12-0.260.98-0.2-0.99-0.44-0.11.0-0.120.43-0.01-0.10.330.49-0.26-0.121.0-0.31-0.28-0.60.46-0.27-0.43-0.08
0.350.55-0.510.42-0.55-0.48-0.880.410.43-0.380.430.140.520.740.87-0.46-0.410.470.13-0.76-0.560.49-0.8-0.55-0.41
-0.070.07-0.27-0.02-0.29-0.02-0.190.14-0.01-0.26-0.010.140.130.350.19-0.26-0.230.01-0.13-0.37-0.2-0.2-0.350.03-0.19
0.030.630.13-0.010.020.14-0.60.85-0.10.2-0.10.520.130.60.650.210.2-0.08-0.19-0.24-0.440.22-0.28-0.38-0.3
0.320.57-0.310.38-0.4-0.34-0.890.670.33-0.210.330.740.350.60.91-0.26-0.180.37-0.47-0.55-0.870.15-0.55-0.66-0.25
0.520.56-0.250.56-0.29-0.48-0.970.660.49-0.080.490.870.190.650.91-0.19-0.080.53-0.35-0.54-0.860.47-0.56-0.68-0.32
0.07-0.061.0-0.10.950.410.240.28-0.260.95-0.26-0.46-0.260.21-0.26-0.190.96-0.27-0.310.540.080.190.550.37-0.22
0.22-0.160.960.050.970.280.150.29-0.130.99-0.12-0.41-0.230.2-0.18-0.080.96-0.14-0.430.58-0.050.220.580.24-0.15
0.93-0.09-0.280.98-0.22-0.99-0.49-0.081.0-0.131.00.470.01-0.080.370.53-0.27-0.14-0.3-0.32-0.630.49-0.31-0.44-0.11
-0.44-0.11-0.3-0.4-0.270.210.25-0.49-0.3-0.36-0.310.13-0.13-0.19-0.47-0.35-0.31-0.43-0.3-0.30.730.12-0.320.44-0.22
-0.12-0.420.57-0.230.650.360.6-0.15-0.280.57-0.28-0.76-0.37-0.24-0.55-0.540.540.58-0.32-0.30.3-0.191.00.060.66
-0.64-0.420.12-0.670.160.570.81-0.61-0.6-0.01-0.6-0.56-0.2-0.44-0.87-0.860.08-0.05-0.630.730.3-0.240.30.720.12
0.580.120.160.540.19-0.41-0.480.070.460.280.460.49-0.20.220.150.470.190.220.490.12-0.19-0.24-0.21-0.1-0.39
-0.11-0.440.57-0.210.650.350.62-0.19-0.270.56-0.27-0.8-0.35-0.28-0.55-0.560.550.58-0.31-0.321.00.3-0.210.090.66
-0.36-0.380.41-0.420.420.460.63-0.44-0.430.28-0.43-0.550.03-0.38-0.66-0.680.370.24-0.440.440.060.72-0.10.09-0.39
-0.17-0.2-0.2-0.15-0.120.050.37-0.23-0.08-0.17-0.08-0.41-0.19-0.3-0.25-0.32-0.22-0.15-0.11-0.220.660.12-0.390.66-0.39
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Lexaria Bioscience Account Relationship Matchups

Lexaria Bioscience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M13.3M7.8M3.1M3.5M4.1M
Other Current Liab96.7K45K51.7K239.9K275.9K289.7K
Total Current Liabilities225.9K153.3K194.0K267.7K241.0K472.9K
Total Stockholder Equity2.5M13.3M7.9M3.0M3.5M3.4M
Property Plant And Equipment Net610.3K459.3K367.9K421.6K379.4K360.5K
Net Debt(1.1M)(10.8M)(5.8M)(1.2M)(1.1M)(1.1M)
Retained Earnings(27.8M)(31.8M)(39.1M)(45.8M)(41.2M)(39.1M)
Accounts Payable45.1K59.9K25.8K225.0K258.8K271.7K
Cash1.3M10.9M5.8M1.4M1.6M1.8M
Non Current Assets Total902.3K823.9K856.4K884.2K795.8K1.3M
Cash And Short Term Investments1.3M11.8M6.2M1.5M1.7M1.8M
Common Stock Shares Outstanding2.8M4.4M5.9M6.6M7.6M8.0M
Liabilities And Stockholders Equity2.8M13.3M7.8M3.1M3.5M4.1M
Non Current Liabilities Total120.1K50.0K7.4K136.2K122.6K216.6K
Other Current Assets182.1K319.3K576.8K546.8K628.8K660.2K
Other Stockholder Equity30.3M45.1M47.0M48.8M56.1M58.9M
Total Liab346.0K203.3K201.4K403.9K363.5K556.3K
Property Plant And Equipment Gross483.4K773.2K747.9K896.8K807.1K1.4M
Total Current Assets1.9M12.4M7.0M2.2M2.5M2.2M
Common Stock90.0K5.7K6.0K8.1K9.3K8.8K
Net Receivables313.9K342.4K201.8K175.2K201.5K166.0K
Inventory116.9K29.6K38.4K1.00.90.86
Non Currrent Assets Other(902.3K)(823.9K)(856.4K)(884.2K)(795.8K)(835.6K)
Intangible Assets292K364.6K488.5K462.6K532.0K558.6K
Net Tangible Assets2.1M2.2M12.9M7.5M8.6M5.5M
Net Invested Capital2.6M13.3M7.9M3.0M3.5M5.4M
Net Working Capital1.7M12.3M6.8M1.9M2.2M2.1M
Property Plant Equipment591.3K610.3K459.3K367.9K423.1K372.5K
Short Term Investments19.3K833.8K347.3K125.6K144.5K256.8K
Capital Stock90.0K5.7K6.0K8.1K7.3K6.9K

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