Palisade Accounts Payable vs Total Current Assets Analysis

PALI Stock  USD 2.44  0.01  0.41%   
Palisade Bio financial indicator trend analysis is much more than just breaking down Palisade Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Palisade Bio is a good investment. Please check the relationship between Palisade Bio Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palisade Bio Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Palisade Bio's Accounts Payable and Total Current Assets is 0.45. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Palisade Bio, assuming nothing else is changed. The correlation between historical values of Palisade Bio's Accounts Payable 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 Accounts Payable of Palisade Bio 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 Accounts Payable i.e., Palisade Bio's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Palisade Bio 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 Palisade Bio 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 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 Palisade Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palisade Bio 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 Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.As of now, Palisade Bio's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M13K15K14.3K
Depreciation And Amortization168K167K4K3.8K

Palisade Bio fundamental ratios Correlations

0.4-0.20.370.750.40.05-0.35-0.350.490.820.39-0.131.00.390.030.320.40.420.360.561.00.220.560.390.2
0.40.070.380.180.56-0.290.340.020.390.170.46-0.240.40.91-0.340.260.22-0.010.340.560.370.760.730.91-0.33
-0.20.070.6-0.660.350.120.130.450.44-0.140.470.8-0.23-0.080.170.57-0.13-0.490.62-0.26-0.240.15-0.25-0.17-0.13
0.370.380.6-0.270.62-0.090.170.030.740.240.740.580.330.27-0.040.720.3-0.050.890.150.330.620.270.21-0.14
0.750.18-0.66-0.270.050.17-0.56-0.4-0.070.73-0.17-0.610.770.210.09-0.350.380.48-0.340.610.78-0.040.390.250.32
0.40.560.350.620.05-0.030.14-0.150.610.180.650.250.350.40.020.330.460.150.480.740.360.550.390.330.16
0.05-0.290.12-0.090.17-0.03-0.440.09-0.360.22-0.210.080.07-0.250.94-0.280.13-0.06-0.240.020.07-0.26-0.4-0.27-0.02
-0.350.340.130.17-0.560.14-0.440.090.15-0.740.230.08-0.360.42-0.460.38-0.17-0.150.32-0.13-0.380.290.220.42-0.4
-0.350.020.450.03-0.4-0.150.090.090.02-0.21-0.330.24-0.340.080.120.06-0.23-1.00.05-0.39-0.34-0.06-0.610.01-0.03
0.490.390.440.74-0.070.61-0.360.150.020.230.650.50.450.24-0.320.760.07-0.010.820.190.450.360.30.180.12
0.820.17-0.140.240.730.180.22-0.74-0.210.230.15-0.110.820.130.170.030.420.280.130.420.830.110.290.130.26
0.390.460.470.74-0.170.65-0.210.23-0.330.650.150.540.350.34-0.140.70.010.310.770.240.320.460.590.29-0.05
-0.13-0.240.80.58-0.610.250.080.080.240.5-0.110.54-0.18-0.280.140.64-0.22-0.280.65-0.4-0.18-0.08-0.31-0.380.2
1.00.4-0.230.330.770.350.07-0.36-0.340.450.820.35-0.180.40.030.290.360.410.330.541.00.20.560.40.15
0.390.91-0.080.270.210.4-0.250.420.080.240.130.34-0.280.4-0.30.260.24-0.070.290.450.380.610.650.99-0.25
0.03-0.340.17-0.040.090.020.94-0.460.12-0.320.17-0.140.140.03-0.3-0.260.1-0.09-0.210.00.04-0.3-0.47-0.340.07
0.320.260.570.72-0.350.33-0.280.380.060.760.030.70.640.290.26-0.26-0.15-0.080.95-0.20.270.180.260.2-0.17
0.40.22-0.130.30.380.460.13-0.17-0.230.070.420.01-0.220.360.240.1-0.150.250.040.650.410.410.20.220.25
0.42-0.01-0.49-0.050.480.15-0.06-0.15-1.0-0.010.280.31-0.280.41-0.07-0.09-0.080.25-0.070.430.410.040.620.00.07
0.360.340.620.89-0.340.48-0.240.320.050.820.130.770.650.330.29-0.210.950.04-0.07-0.060.310.390.30.23-0.17
0.560.56-0.260.150.610.740.02-0.13-0.390.190.420.24-0.40.540.450.0-0.20.650.43-0.060.560.470.540.450.2
1.00.37-0.240.330.780.360.07-0.38-0.340.450.830.32-0.181.00.380.040.270.410.410.310.560.190.530.380.21
0.220.760.150.62-0.040.55-0.260.29-0.060.360.110.46-0.080.20.61-0.30.180.410.040.390.470.190.580.61-0.38
0.560.73-0.250.270.390.39-0.40.22-0.610.30.290.59-0.310.560.65-0.470.260.20.620.30.540.530.580.71-0.27
0.390.91-0.170.210.250.33-0.270.420.010.180.130.29-0.380.40.99-0.340.20.220.00.230.450.380.610.71-0.33
0.2-0.33-0.13-0.140.320.16-0.02-0.4-0.030.120.26-0.050.20.15-0.250.07-0.170.250.07-0.170.20.21-0.38-0.27-0.33
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Palisade Bio Account Relationship Matchups

Palisade Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6M3.0M12.5M15.8M14.1M12.3M
Other Current Liab368.0K4.3M862K1.1M1.6M1.5M
Total Current Liabilities1.2M8.1M2.5M3.0M2.6M3.4M
Total Stockholder Equity5.1M(16.6M)7.4M12.5M11.3M6.2M
Property Plant And Equipment Net242.7K280K112K310K208K233.1K
Net Debt(4.9M)708K(10.3M)(12.0M)(12.1M)(11.5M)
Retained Earnings(222.0M)(68.0M)(94.6M)(109.2M)(121.5M)(127.6M)
Accounts Payable824.4K2.5M1.3M1.8M698K663.1K
Cash5.1M713K10.5M12.4M12.4M8.5M
Non Current Assets Total937.0K2.1M138K1.0M724K1.1M
Non Currrent Assets Other25.3K1.8M26K694K516K321.3K
Cash And Short Term Investments5.1M713K10.5M12.4M12.4M10.4M
Common Stock Total Equity151.6K182.1K38.7K173.0K155.7K147.9K
Common Stock Shares Outstanding488.3255.5K12.5K58.7K456.0K478.8K
Liabilities And Stockholders Equity6.6M3.0M12.5M15.8M14.1M12.3M
Non Current Liabilities Total233.1K11.5M2.7M272K153K145.4K
Other Current Assets510.9K124K861K912K748K542.6K
Other Stockholder Equity227.1M60.9M102.0M121.6M132.7M140.2M
Total Liab1.5M19.6M5.1M3.3M2.7M2.6M
Property Plant And Equipment Gross268.1K10.8K112K310K208K218.2K
Total Current Assets5.6M896K12.4M14.7M13.3M11.2M
Intangible Assets883.5K763.5K668.9K147.1K169.2K160.7K
Common Stock38.7K28K143K30K93K88.4K
Net Receivables21.1K59K150K1.4M148K264.5K
Other Assets13.9K24.0K26K157.6K29.9K48.2K
Capital Surpluse217.1M219.5M227.1M247.8M285.0M245.4M
Property Plant Equipment5K420K280K112K100.8K167.9K

Currently Active Assets on Macroaxis

When determining whether Palisade Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Palisade Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Palisade Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Palisade Bio Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palisade Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Palisade Stock please use our How to Invest in Palisade Bio guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 Palisade Bio. If investors know Palisade 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 Palisade Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.26)
Return On Assets
(0.59)
Return On Equity
(1.10)
The market value of Palisade Bio is measured differently than its book value, which is the value of Palisade that is recorded on the company's balance sheet. Investors also form their own opinion of Palisade Bio's value that differs from its market value or its book value, called intrinsic value, which is Palisade Bio'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 Palisade Bio's market value can be influenced by many factors that don't directly affect Palisade Bio'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 Palisade Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palisade Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palisade Bio'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.