Oncternal Asset Turnover vs Total Current Liabilities Analysis

ONCT Stock

USD 0.71 0.43 37.72%

Oncternal Therapeutics financial indicator trend analysis is much more than just breaking down Oncternal Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oncternal Therapeutics is a good investment. Please check the relationship between Oncternal Therapeutics Asset Turnover and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oncternal Therapeutics. 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 Oncternal Stock please use our How to Invest in Oncternal Therapeutics guide.

Asset Turnover vs Total Current Liabilities

Asset Turnover vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oncternal Therapeutics Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Oncternal Therapeutics' Asset Turnover and Total Current Liabilities is -0.47. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Oncternal Therapeutics, assuming nothing else is changed. The correlation between historical values of Oncternal Therapeutics' Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Oncternal Therapeutics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Oncternal Therapeutics' Asset Turnover and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Liabilities

Total Current Liabilities is an item on Oncternal Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Oncternal Therapeutics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Oncternal Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oncternal Therapeutics 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 Oncternal Therapeutics. 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 Oncternal Stock please use our How to Invest in Oncternal Therapeutics guide.At this time, Oncternal Therapeutics' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.81 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.1 M in 2024.

	2010	2023	2024 (projected)
Reconciled Depreciation	47K	41.4K	37.2K
Discontinued Operations	13.9M	12.5M	11.1M

Reconciled Depreciation Discontinued Operations

Oncternal Therapeutics fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Common Stock	Non Currrent Assets Other	Inventory	Short Long Term Debt Total	Current Deferred Revenue	Intangible Assets
Total Assets		-0.47	-0.88	0.25	0.88	-0.04	1.0	0.13	-0.09	-0.02	1.0	-0.03	-0.02	-0.12	0.24	0.33	0.18	-0.38	0.37	-0.12	0.16	0.07	-0.01	-0.36	-0.46	-0.33
Total Stockholder Equity	-0.47		0.49	-0.5	-0.49	-0.29	-0.47	-0.16	0.46	0.09	-0.47	0.12	0.08	0.35	-0.28	-0.3	-0.02	-0.04	-0.45	0.35	-0.09	-0.58	-0.03	0.28	0.16	0.15
Net Debt	-0.88	0.49		-0.29	-1.0	0.17	-0.89	0.14	0.18	0.16	-0.88	0.19	0.14	0.02	-0.17	-0.34	-0.02	0.22	-0.23	0.02	-0.14	-0.18	0.19	0.61	0.39	0.17
Retained Earnings	0.25	-0.5	-0.29		0.3	0.71	0.25	-0.28	-0.98	-0.39	0.24	-0.4	-0.4	0.29	-0.18	0.68	-0.29	0.47	-0.25	0.29	-0.38	0.86	0.46	-0.22	-0.53	0.34
Cash	0.88	-0.49	-1.0	0.3		-0.17	0.89	-0.14	-0.18	-0.16	0.88	-0.19	-0.14	-0.03	0.17	0.34	0.02	-0.22	0.23	-0.03	0.14	0.18	-0.19	-0.61	-0.39	-0.17
Other Assets	-0.04	-0.29	0.17	0.71	-0.17		-0.05	0.19	-0.69	-0.4	-0.05	-0.37	-0.42	0.23	0.11	0.38	-0.35	0.54	-0.04	0.23	-0.55	0.7	0.69	0.18	-0.43	0.36
Cash And Short Term Investments	1.0	-0.47	-0.89	0.25	0.89	-0.05		0.1	-0.1	-0.02	1.0	-0.03	-0.01	-0.11	0.23	0.33	0.18	-0.36	0.34	-0.11	0.17	0.08	-0.03	-0.38	-0.46	-0.32
Common Stock Shares Outstanding	0.13	-0.16	0.14	-0.28	-0.14	0.19	0.1		0.33	-0.02	0.13	-0.02	-0.04	-0.53	0.63	-0.44	0.03	-0.43	0.64	-0.53	-0.2	-0.32	0.04	0.59	0.11	-0.56
Other Stockholder Equity	-0.09	0.46	0.18	-0.98	-0.18	-0.69	-0.1	0.33		0.36	-0.08	0.37	0.36	-0.31	0.25	-0.65	0.3	-0.54	0.32	-0.31	0.37	-0.88	-0.44	0.2	0.45	-0.41
Total Liab	-0.02	0.09	0.16	-0.39	-0.16	-0.4	-0.02	-0.02	0.36		-0.02	0.99	1.0	-0.32	-0.39	-0.3	0.89	-0.26	0.07	-0.32	0.87	-0.44	-0.31	0.17	0.35	-0.22
Total Current Assets	1.0	-0.47	-0.88	0.24	0.88	-0.05	1.0	0.13	-0.08	-0.02		-0.03	-0.01	-0.12	0.24	0.32	0.18	-0.38	0.37	-0.12	0.16	0.07	-0.02	-0.36	-0.45	-0.33
Other Current Liab	-0.03	0.12	0.19	-0.4	-0.19	-0.37	-0.03	-0.02	0.37	0.99	-0.03		0.99	-0.28	-0.43	-0.31	0.9	-0.22	0.04	-0.28	0.87	-0.45	-0.26	0.18	0.32	-0.17
Total Current Liabilities	-0.02	0.08	0.14	-0.4	-0.14	-0.42	-0.01	-0.04	0.36	1.0	-0.01	0.99		-0.33	-0.38	-0.3	0.88	-0.26	0.09	-0.33	0.88	-0.44	-0.34	0.14	0.37	-0.21
Property Plant And Equipment Net	-0.12	0.35	0.02	0.29	-0.03	0.23	-0.11	-0.53	-0.31	-0.32	-0.12	-0.28	-0.33		-0.25	0.62	-0.23	0.61	-0.54	1.0	-0.2	0.38	0.65	-0.5	-0.55	0.83
Accounts Payable	0.24	-0.28	-0.17	-0.18	0.17	0.11	0.23	0.63	0.25	-0.39	0.24	-0.43	-0.38	-0.25		-0.04	-0.4	-0.25	0.57	-0.25	-0.34	0.02	0.01	-0.03	-0.07	-0.32
Non Current Assets Total	0.33	-0.3	-0.34	0.68	0.34	0.38	0.33	-0.44	-0.65	-0.3	0.32	-0.31	-0.3	0.62	-0.04		-0.13	0.29	-0.25	0.62	-0.12	0.73	0.63	-0.57	-0.7	0.4
Common Stock Total Equity	0.18	-0.02	-0.02	-0.29	0.02	-0.35	0.18	0.03	0.3	0.89	0.18	0.9	0.88	-0.23	-0.4	-0.13		-0.33	0.04	-0.23	0.9	-0.38	-0.14	0.11	0.09	-0.25
Non Current Liabilities Total	-0.38	-0.04	0.22	0.47	-0.22	0.54	-0.36	-0.43	-0.54	-0.26	-0.38	-0.22	-0.26	0.61	-0.25	0.29	-0.33		-0.42	0.61	-0.26	0.65	0.45	-0.34	-0.27	0.93
Other Current Assets	0.37	-0.45	-0.23	-0.25	0.23	-0.04	0.34	0.64	0.32	0.07	0.37	0.04	0.09	-0.54	0.57	-0.25	0.04	-0.42		-0.54	0.08	-0.17	-0.11	0.08	0.2	-0.51
Property Plant And Equipment Gross	-0.12	0.35	0.02	0.29	-0.03	0.23	-0.11	-0.53	-0.31	-0.32	-0.12	-0.28	-0.33	1.0	-0.25	0.62	-0.23	0.61	-0.54		-0.2	0.38	0.65	-0.5	-0.55	0.83
Common Stock	0.16	-0.09	-0.14	-0.38	0.14	-0.55	0.17	-0.2	0.37	0.87	0.16	0.87	0.88	-0.2	-0.34	-0.12	0.9	-0.26	0.08	-0.2		-0.33	-0.33	-0.2	0.22	-0.15
Non Currrent Assets Other	0.07	-0.58	-0.18	0.86	0.18	0.7	0.08	-0.32	-0.88	-0.44	0.07	-0.45	-0.44	0.38	0.02	0.73	-0.38	0.65	-0.17	0.38	-0.33		0.52	-0.43	-0.53	0.52
Inventory	-0.01	-0.03	0.19	0.46	-0.19	0.69	-0.03	0.04	-0.44	-0.31	-0.02	-0.26	-0.34	0.65	0.01	0.63	-0.14	0.45	-0.11	0.65	-0.33	0.52		-0.03	-0.55	0.53
Short Long Term Debt Total	-0.36	0.28	0.61	-0.22	-0.61	0.18	-0.38	0.59	0.2	0.17	-0.36	0.18	0.14	-0.5	-0.03	-0.57	0.11	-0.34	0.08	-0.5	-0.2	-0.43	-0.03		0.45	-0.47
Current Deferred Revenue	-0.46	0.16	0.39	-0.53	-0.39	-0.43	-0.46	0.11	0.45	0.35	-0.45	0.32	0.37	-0.55	-0.07	-0.7	0.09	-0.27	0.2	-0.55	0.22	-0.53	-0.55	0.45		-0.31
Intangible Assets	-0.33	0.15	0.17	0.34	-0.17	0.36	-0.32	-0.56	-0.41	-0.22	-0.33	-0.17	-0.21	0.83	-0.32	0.4	-0.25	0.93	-0.51	0.83	-0.15	0.52	0.53	-0.47	-0.31

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Oncternal Therapeutics Account Relationship Matchups

Oncternal Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.7M	118.8M	93.6M	68.7M	36.7M	61.3M
Total Stockholder Equity	14.3M	(82.8M)	(114.1M)	(158.3M)	30.1M	31.6M
Net Debt	(19.9M)	(116.7M)	(90.7M)	(37.1M)	(6.4M)	(6.7M)
Retained Earnings	(65.6M)	(82.8M)	(114.1M)	(158.3M)	(197.8M)	(207.7M)
Cash	20.1M	116.7M	90.8M	37.1M	6.7M	6.4M
Other Assets	767K	806K	657K	1.3M	1.1M	1.7M
Cash And Short Term Investments	20.1M	116.7M	90.8M	63.7M	34.3M	55.2M
Common Stock Shares Outstanding	516.4K	1.0M	2.5M	2.6M	2.9M	3.1M
Liabilities And Stockholders Equity	21.7M	(76.9M)	(108.7M)	68.7M	36.7M	31.8M
Other Stockholder Equity	79.9M	195.7M	202.2M	219.2M	227.8M	321.4M
Total Liab	7.4M	5.9M	5.5M	7.7M	6.7M	6.3M
Total Current Assets	20.8M	118.0M	92.9M	67.3M	36.1M	58.6M
Other Current Liab	2.7M	3.0M	3.4M	4.7M	3.9M	7.3M
Total Current Liabilities	7.3M	5.9M	5.5M	7.7M	5.2M	4.9M
Property Plant And Equipment Net	190K	40K	75K	87K	258K	245.1K
Accounts Payable	871K	1.1M	2.0M	2.9M	1.1M	1.6M
Non Current Assets Total	957K	806K	732K	1.4M	670K	636.5K
Common Stock Total Equity	24K	15K	49K	57K	65.6K	50.6K
Non Current Liabilities Total	91K	2.8M	2.0M	3.0M	1.5M	1.4M
Other Current Assets	736K	2.5M	1.5M	3.4M	1.2M	1.6M
Property Plant And Equipment Gross	190K	40K	75K	87K	258K	245.1K
Common Stock	24K	15K	49K	57K	3K	2.9K
Non Currrent Assets Other	767K	766K	657K	1.3M	412K	428.8K
Accumulated Other Comprehensive Income	(2.7M)	(2.6M)	0.0	9K	3K	3.2K
Net Tangible Assets	14.4M	113.0M	88.1M	61.0M	70.1M	35.9M
Retained Earnings Total Equity	(600.1M)	(65.6M)	(82.8M)	(158.3M)	(182.0M)	(191.1M)
Capital Surpluse	626.1M	79.9M	195.7M	219.2M	197.3M	340.7M
Property Plant Equipment	190K	40K	75K	87K	78.3K	152.8K
Net Invested Capital	14.3M	113.0M	88.1M	61.0M	30.1M	58.3M
Net Working Capital	13.4M	112.1M	87.4M	59.6M	30.9M	57.8M

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