Palisade Other Current Liab vs Total Current Liabilities 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 Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palisade Bio Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Palisade Bio's Other Current Liab and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab 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 Other Current Liab of Palisade Bio 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 Other Current Liab i.e., Palisade Bio's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Palisade Bio balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Palisade Bio 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 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.