Palisade Total Assets 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 Total Assets 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.
Total Assets vs Total Current Liabilities
Total Assets 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 Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Palisade Bio's Total Assets and Total Current Liabilities is 0.37. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., Palisade Bio's Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Palisade Bio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Palisade Bio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 2.4M | 13K | 15K | 14.3K | Depreciation And Amortization | 168K | 167K | 4K | 3.8K |
Palisade Bio fundamental ratios Correlations
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Palisade Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palisade Bio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6M | 3.0M | 12.5M | 15.8M | 14.1M | 12.3M | |
Other Current Liab | 368.0K | 4.3M | 862K | 1.1M | 1.6M | 1.5M | |
Total Current Liabilities | 1.2M | 8.1M | 2.5M | 3.0M | 2.6M | 3.4M | |
Total Stockholder Equity | 5.1M | (16.6M) | 7.4M | 12.5M | 11.3M | 6.2M | |
Property Plant And Equipment Net | 242.7K | 280K | 112K | 310K | 208K | 233.1K | |
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 Payable | 824.4K | 2.5M | 1.3M | 1.8M | 698K | 663.1K | |
Cash | 5.1M | 713K | 10.5M | 12.4M | 12.4M | 8.5M | |
Non Current Assets Total | 937.0K | 2.1M | 138K | 1.0M | 724K | 1.1M | |
Non Currrent Assets Other | 25.3K | 1.8M | 26K | 694K | 516K | 321.3K | |
Cash And Short Term Investments | 5.1M | 713K | 10.5M | 12.4M | 12.4M | 10.4M | |
Common Stock Total Equity | 151.6K | 182.1K | 38.7K | 173.0K | 155.7K | 147.9K | |
Common Stock Shares Outstanding | 488.32 | 55.5K | 12.5K | 58.7K | 456.0K | 478.8K | |
Liabilities And Stockholders Equity | 6.6M | 3.0M | 12.5M | 15.8M | 14.1M | 12.3M | |
Non Current Liabilities Total | 233.1K | 11.5M | 2.7M | 272K | 153K | 145.4K | |
Other Current Assets | 510.9K | 124K | 861K | 912K | 748K | 542.6K | |
Other Stockholder Equity | 227.1M | 60.9M | 102.0M | 121.6M | 132.7M | 140.2M | |
Total Liab | 1.5M | 19.6M | 5.1M | 3.3M | 2.7M | 2.6M | |
Property Plant And Equipment Gross | 268.1K | 10.8K | 112K | 310K | 208K | 218.2K | |
Total Current Assets | 5.6M | 896K | 12.4M | 14.7M | 13.3M | 11.2M | |
Intangible Assets | 883.5K | 763.5K | 668.9K | 147.1K | 169.2K | 160.7K | |
Common Stock | 38.7K | 28K | 143K | 30K | 93K | 88.4K | |
Net Receivables | 21.1K | 59K | 150K | 1.4M | 148K | 264.5K | |
Other Assets | 13.9K | 24.0K | 26K | 157.6K | 29.9K | 48.2K | |
Capital Surpluse | 217.1M | 219.5M | 227.1M | 247.8M | 285.0M | 245.4M | |
Property Plant Equipment | 5K | 420K | 280K | 112K | 100.8K | 167.9K |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.