Lixte Common Stock Total Equity vs Total Current Assets Analysis

LIXTW Stock  USD 0.03  0.0002  0.71%   
Lixte Biotechnology financial indicator trend analysis is infinitely more than just investigating Lixte Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lixte Biotechnology is a good investment. Please check the relationship between Lixte Biotechnology Common Stock Total Equity and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixte Biotechnology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Common Stock Total Equity vs Total Current Assets

Common Stock Total Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lixte Biotechnology Common Stock Total Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lixte Biotechnology's Common Stock Total Equity and Total Current Assets is 0.73. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Lixte Biotechnology Holdings, assuming nothing else is changed. The correlation between historical values of Lixte Biotechnology's Common Stock Total Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Lixte Biotechnology Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Total Equity i.e., Lixte Biotechnology's Common Stock Total Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Lixte Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lixte Biotechnology 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 Lixte Biotechnology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Lixte Biotechnology's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 3.02 in 2024.
 2023 2024 (projected)
Interest Income20.5K12.4K
Gross Profit180K160K

Lixte Biotechnology fundamental ratios Correlations

0.650.240.96-0.97-0.760.950.960.73-0.280.760.241.0-0.3-0.320.460.81-0.34-0.32-0.110.91-0.11-0.660.40.350.92
0.650.460.63-0.63-0.720.630.640.540.030.70.460.65-0.19-0.30.410.68-0.5-0.3-0.230.750.18-0.470.420.720.7
0.240.460.21-0.22-0.450.220.230.260.180.431.00.240.13-0.790.660.33-0.21-0.79-0.120.250.33-0.010.710.480.22
0.960.630.21-1.0-0.841.01.00.83-0.310.860.210.96-0.4-0.30.420.8-0.38-0.3-0.350.88-0.14-0.710.320.340.92
-0.97-0.63-0.22-1.00.83-1.0-1.0-0.810.31-0.85-0.22-0.970.380.3-0.43-0.790.420.30.32-0.890.170.72-0.33-0.34-0.92
-0.76-0.72-0.45-0.840.83-0.84-0.84-0.860.35-0.99-0.45-0.750.380.48-0.51-0.730.280.480.59-0.720.080.71-0.55-0.69-0.87
0.950.630.221.0-1.0-0.841.00.82-0.310.860.220.95-0.39-0.30.430.79-0.43-0.3-0.360.88-0.17-0.720.320.330.92
0.960.640.231.0-1.0-0.841.00.83-0.280.860.230.96-0.4-0.310.440.79-0.42-0.31-0.360.88-0.13-0.710.330.330.92
0.730.540.260.83-0.81-0.860.820.83-0.20.890.260.73-0.77-0.20.310.86-0.34-0.2-0.60.77-0.08-0.560.290.480.86
-0.280.030.18-0.310.310.35-0.31-0.28-0.2-0.330.18-0.28-0.010.010.04-0.18-0.20.010.1-0.10.780.37-0.03-0.31-0.26
0.760.70.430.86-0.85-0.990.860.860.89-0.330.430.76-0.44-0.460.460.75-0.31-0.46-0.640.74-0.08-0.680.510.650.87
0.240.461.00.21-0.22-0.450.220.230.260.180.430.240.13-0.790.660.33-0.21-0.79-0.120.250.33-0.010.710.480.22
1.00.650.240.96-0.97-0.750.950.960.73-0.280.760.24-0.29-0.320.460.81-0.34-0.32-0.10.91-0.11-0.660.390.340.91
-0.3-0.190.13-0.40.380.38-0.39-0.4-0.77-0.01-0.440.13-0.29-0.350.16-0.620.32-0.350.51-0.450.120.180.19-0.21-0.49
-0.32-0.3-0.79-0.30.30.48-0.3-0.31-0.20.01-0.46-0.79-0.32-0.35-0.55-0.17-0.11.00.12-0.22-0.270.11-0.87-0.29-0.25
0.460.410.660.42-0.43-0.510.430.440.310.040.460.660.460.16-0.550.4-0.13-0.550.00.290.31-0.540.440.290.39
0.810.680.330.8-0.79-0.730.790.790.86-0.180.750.330.81-0.62-0.170.4-0.38-0.17-0.180.83-0.06-0.510.230.510.82
-0.34-0.5-0.21-0.380.420.28-0.43-0.42-0.34-0.2-0.31-0.21-0.340.32-0.1-0.13-0.38-0.10.27-0.490.170.270.03-0.09-0.38
-0.32-0.3-0.79-0.30.30.48-0.3-0.31-0.20.01-0.46-0.79-0.32-0.351.0-0.55-0.17-0.10.12-0.22-0.270.11-0.87-0.29-0.25
-0.11-0.23-0.12-0.350.320.59-0.36-0.36-0.60.1-0.64-0.12-0.10.510.120.0-0.180.270.12-0.180.080.3-0.14-0.3-0.35
0.910.750.250.88-0.89-0.720.880.880.77-0.10.740.250.91-0.45-0.220.290.83-0.49-0.22-0.18-0.08-0.530.330.470.9
-0.110.180.33-0.140.170.08-0.17-0.13-0.080.78-0.080.33-0.110.12-0.270.31-0.060.17-0.270.08-0.080.170.22-0.06-0.08
-0.66-0.47-0.01-0.710.720.71-0.72-0.71-0.560.37-0.68-0.01-0.660.180.11-0.54-0.510.270.110.3-0.530.17-0.16-0.3-0.72
0.40.420.710.32-0.33-0.550.320.330.29-0.030.510.710.390.19-0.870.440.230.03-0.87-0.140.330.22-0.160.460.43
0.350.720.480.34-0.34-0.690.330.330.48-0.310.650.480.34-0.21-0.290.290.51-0.09-0.29-0.30.47-0.06-0.30.460.51
0.920.70.220.92-0.92-0.870.920.920.86-0.260.870.220.91-0.49-0.250.390.82-0.38-0.25-0.350.9-0.08-0.720.430.51
Click cells to compare fundamentals

Lixte Biotechnology Account Relationship Matchups

Lixte Biotechnology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M5.2M5.1M5.6M4.3M2.2M
Other Current Liab237.9K10.5K302.9K394.8K313.9K171.6K
Total Current Liabilities237.9K216.5K302.9K394.8K313.9K290.7K
Total Stockholder Equity2.4M5.0M4.8M5.2M4.0M4.2M
Net Debt(2.6M)(5.1M)(4.8M)(5.4M)(4.2M)(4.0M)
Retained Earnings(27.1M)(30.4M)(37.1M)(43.4M)(48.5M)(46.1M)
Cash2.6M5.1M4.8M5.4M4.2M4.4M
Cash And Short Term Investments2.6M5.1M4.8M5.4M4.2M4.4M
Common Stock Shares Outstanding1.1M1.1M1.3M158.2K1.9M1.8M
Liabilities And Stockholders Equity2.7M5.2M5.1M5.6M4.3M2.2M
Other Stockholder Equity26.0M31.9M38.4M45.1M49.0M51.4M
Total Liab237.9K216.5K302.9K394.8K313.9K290.7K
Total Current Assets2.7M5.2M5.1M5.6M4.2M2.2M
Accounts Payable143.5K190.3K226.0K229.8K156.8K169.4K
Other Current Assets58.8K159.2K10.2K10.4K27.1K25.8K
Short Term Debt210.9K237.9K302.9K394.8K313.9K193.4K
Current Deferred Revenue94.3K15.8K77.0K165.0K157.1K81.5K
Capital Surpluse20.0M25.3M26.0M31.9M36.6M26.5M
Net Invested Capital(1.1M)1.5M1.3M1.7M494.8K317K
Net Working Capital2.4M5.0M4.8M5.2M4.0M4.2M

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