OncoCyte Stock Based Compensation vs Begin Period Cash Flow Analysis
OCX Stock | USD 2.71 0.04 1.50% |
OncoCyte Corp financial indicator trend analysis is much more than just breaking down OncoCyte Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OncoCyte Corp is a good investment. Please check the relationship between OncoCyte Corp Stock Based Compensation and its Begin Period Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OncoCyte 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 main economic indicators. For more information on how to buy OncoCyte Stock please use our How to Invest in OncoCyte Corp guide.
Stock Based Compensation vs Begin Period Cash Flow
Stock Based Compensation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OncoCyte Corp Stock Based Compensation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OncoCyte Corp's Stock Based Compensation and Begin Period Cash Flow is 0.89. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of OncoCyte Corp, assuming nothing else is changed. The correlation between historical values of OncoCyte Corp's Stock Based Compensation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of OncoCyte Corp are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., OncoCyte Corp's Stock Based Compensation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from OncoCyte Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OncoCyte 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OncoCyte 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 main economic indicators. For more information on how to buy OncoCyte Stock please use our How to Invest in OncoCyte Corp guide.At this time, OncoCyte Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 117.1 K in 2024, whereas Discontinued Operations is likely to drop (51.3 M) in 2024.
OncoCyte Corp fundamental ratios Correlations
Click cells to compare fundamentals
OncoCyte Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OncoCyte Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.9M | 55.4M | 159.6M | 100.1M | 74.9M | 49.1M | |
Short Long Term Debt Total | 5.9M | 8.6M | 5.7M | 3.5M | 2.9M | 4.1M | |
Other Current Liab | 2.6M | 5.3M | 9.4M | 9.2M | 4.9M | 4.7M | |
Total Current Liabilities | 4.4M | 9.0M | 14.1M | 12.1M | 7.2M | 7.6M | |
Total Stockholder Equity | 30.8M | 33.5M | 65.2M | 34.3M | 25.6M | 22.0M | |
Property Plant And Equipment Net | 3.7M | 6.5M | 8.5M | 10.9M | 5.4M | 3.8M | |
Net Debt | (16.1M) | 1.5M | (29.9M) | (16.4M) | (6.6M) | (6.9M) | |
Retained Earnings | (93.7M) | (123.7M) | (187.8M) | (260.7M) | (289.9M) | (275.4M) | |
Accounts Payable | 469K | 432K | 1.8M | 1.3M | 953K | 621.2K | |
Cash | 22.1M | 7.1M | 35.6M | 20.0M | 9.4M | 12.8M | |
Non Current Assets Total | 16.9M | 46.2M | 120.4M | 74.6M | 64.2M | 33.5M | |
Non Currrent Assets Other | 2.2M | 1.9M | 2.0M | 2.1M | 2.2M | 1.5M | |
Other Assets | 2.2M | 2.1M | 2.0M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 22.5M | 7.8M | 36.5M | 20.4M | 9.4M | 14.5M | |
Common Stock Total Equity | 124.6M | 157.2M | 253.0M | 294.9M | 339.2M | 356.1M | |
Common Stock Shares Outstanding | 2.6M | 3.3M | 4.4M | 5.5M | 7.7M | 8.0M | |
Short Term Investments | 428K | 379K | 675K | 904K | 433K | 0.0 | |
Liabilities And Stockholders Equity | 39.9M | 55.4M | 159.6M | 100.1M | 74.9M | 49.1M | |
Other Current Assets | 505K | 1.2M | 3.9M | 3.1M | 782K | 1.1M | |
Other Stockholder Equity | 948K | 343K | 37K | (5.3M) | (4.8M) | (4.5M) | |
Total Liab | 9.0M | 21.9M | 94.3M | 65.8M | 49.3M | 27.1M | |
Property Plant And Equipment Gross | 3.7M | 6.5M | 8.5M | 10.9M | 5.4M | 3.8M | |
Total Current Assets | 23.0M | 9.2M | 39.1M | 25.5M | 10.7M | 15.7M | |
Accumulated Other Comprehensive Income | (343K) | 0.0 | 37K | 39K | 49K | 51.5K | |
Short Term Debt | 1.4M | 3.2M | 3.0M | 1.6M | 1.3M | 1.7M | |
Common Stock | 124.6M | 157.2M | 253.0M | 294.9M | 310.3M | 325.8M | |
Property Plant Equipment | 614K | 3.7M | 6.5M | 8.5M | 9.8M | 10.3M | |
Net Tangible Assets | 30.8M | 9.3M | (44.7M) | (22.0M) | (19.8M) | (18.8M) | |
Long Term Debt | 1.1M | 347K | 1.9M | 1.5M | 1.7M | 905.1K | |
Retained Earnings Total Equity | (93.7M) | (123.7M) | (187.8M) | (260.7M) | (234.6M) | (222.9M) | |
Long Term Debt Total | 1.4M | 534K | 2.0M | 1.5M | 1.7M | 1.2M | |
Non Current Liabilities Total | 4.6M | 12.9M | 80.2M | 53.7M | 42.1M | 26.9M | |
Capital Lease Obligations | 2.9M | 4.7M | 4.4M | 3.5M | 2.9M | 2.8M | |
Net Invested Capital | 33.9M | 37.4M | 66.5M | 34.3M | 20.5M | 32.0M | |
Net Working Capital | 18.5M | 230K | 25.0M | 13.4M | 3.5M | 3.3M | |
Capital Stock | 124.6M | 157.2M | 253.0M | 294.9M | 310.3M | 222.7M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for OncoCyte Stock Analysis
When running OncoCyte Corp's price analysis, check to measure OncoCyte Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OncoCyte Corp is operating at the current time. Most of OncoCyte Corp's value examination focuses on studying past and present price action to predict the probability of OncoCyte Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OncoCyte Corp's price. Additionally, you may evaluate how the addition of OncoCyte Corp to your portfolios can decrease your overall portfolio volatility.