PolyPid Total Current Assets vs Other Current Liab Analysis

PYPD Stock  USD 3.55  0.12  3.50%   
PolyPid financial indicator trend analysis is much more than just breaking down PolyPid prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PolyPid is a good investment. Please check the relationship between PolyPid Total Current Assets and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PolyPid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade PolyPid Stock refer to our How to Trade PolyPid Stock guide.

Total Current Assets vs Other Current Liab

Total Current Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PolyPid Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PolyPid's Total Current Assets and Other Current Liab is 0.56. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of PolyPid, assuming nothing else is changed. The correlation between historical values of PolyPid's Total Current Assets and Other Current Liab 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 Current Assets of PolyPid are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., PolyPid's Total Current Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Other Current Liab

Most indicators from PolyPid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PolyPid 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 PolyPid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade PolyPid Stock refer to our How to Trade PolyPid Stock guide.At present, PolyPid's Enterprise Value is projected to decrease significantly based on the last few years of reporting.

PolyPid fundamental ratios Correlations

0.590.460.510.58-0.24-0.550.570.490.910.770.770.95-0.520.520.05-0.040.7-0.310.910.590.00.950.530.470.73
0.590.770.10.71-0.27-0.670.840.710.520.180.180.55-0.080.690.320.160.75-0.690.760.490.230.560.70.620.67
0.460.770.120.940.21-0.890.650.730.5-0.01-0.010.37-0.450.660.530.040.81-0.460.580.710.120.380.670.840.69
0.510.10.120.230.13-0.210.1-0.060.520.510.510.45-0.510.00.11-0.880.21-0.280.450.67-0.860.460.00.19-0.05
0.580.710.940.230.22-0.90.570.670.650.140.150.48-0.530.610.5-0.010.87-0.330.630.750.080.490.620.890.76
-0.24-0.270.210.130.22-0.41-0.38-0.290.04-0.15-0.15-0.47-0.61-0.140.67-0.350.160.42-0.260.48-0.3-0.46-0.10.47-0.24
-0.55-0.67-0.89-0.21-0.9-0.41-0.53-0.62-0.62-0.14-0.14-0.370.69-0.6-0.760.03-0.920.26-0.59-0.85-0.07-0.38-0.63-0.98-0.69
0.570.840.650.10.57-0.38-0.530.630.330.010.020.630.050.540.140.160.61-0.820.690.40.220.630.550.460.64
0.490.710.73-0.060.67-0.29-0.620.630.370.00.00.49-0.210.630.250.30.67-0.440.570.370.360.490.640.580.83
0.910.520.50.520.650.04-0.620.330.370.840.840.78-0.680.470.18-0.110.69-0.120.850.66-0.060.790.480.560.61
0.770.18-0.010.510.14-0.15-0.140.010.00.841.00.69-0.480.19-0.18-0.120.250.080.650.29-0.130.690.190.060.27
0.770.18-0.010.510.15-0.15-0.140.020.00.841.00.69-0.480.19-0.18-0.130.260.070.660.3-0.130.70.190.060.27
0.950.550.370.450.48-0.47-0.370.630.490.780.690.69-0.310.51-0.170.020.57-0.40.840.410.041.00.510.280.72
-0.52-0.08-0.45-0.51-0.53-0.610.690.05-0.21-0.68-0.48-0.48-0.31-0.2-0.550.37-0.55-0.19-0.41-0.790.3-0.32-0.23-0.65-0.34
0.520.690.660.00.61-0.14-0.60.540.630.470.190.190.51-0.20.240.260.77-0.150.430.380.310.511.00.510.74
0.050.320.530.110.50.67-0.760.140.250.18-0.18-0.18-0.17-0.550.24-0.220.59-0.050.080.69-0.12-0.160.290.810.2
-0.040.160.04-0.88-0.01-0.350.030.160.3-0.11-0.12-0.130.020.370.26-0.220.070.17-0.04-0.530.990.010.25-0.060.43
0.70.750.810.210.870.16-0.920.610.670.690.250.260.57-0.550.770.590.07-0.230.640.750.170.570.80.90.83
-0.31-0.69-0.46-0.28-0.330.420.26-0.82-0.44-0.120.080.07-0.4-0.19-0.15-0.050.17-0.23-0.58-0.310.14-0.41-0.14-0.21-0.23
0.910.760.580.450.63-0.26-0.590.690.570.850.650.660.84-0.410.430.08-0.040.64-0.580.60.010.860.440.50.64
0.590.490.710.670.750.48-0.850.40.370.660.290.30.41-0.790.380.69-0.530.75-0.310.6-0.440.420.410.840.41
0.00.230.12-0.860.08-0.3-0.070.220.36-0.06-0.13-0.130.040.30.31-0.120.990.170.140.01-0.440.030.310.040.49
0.950.560.380.460.49-0.46-0.380.630.490.790.690.71.0-0.320.51-0.160.010.57-0.410.860.420.030.50.290.72
0.530.70.670.00.62-0.1-0.630.550.640.480.190.190.51-0.231.00.290.250.8-0.140.440.410.310.50.550.74
0.470.620.840.190.890.47-0.980.460.580.560.060.060.28-0.650.510.81-0.060.9-0.210.50.840.040.290.550.64
0.730.670.69-0.050.76-0.24-0.690.640.830.610.270.270.72-0.340.740.20.430.83-0.230.640.410.490.720.740.64
Click cells to compare fundamentals

PolyPid Account Relationship Matchups

PolyPid fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.8M75.8M44.2M26.0M15.4M25.8M
Other Current Liab998K1.9M3.9M1.5M2.0M1.7M
Total Current Liabilities2.6M2.9M7.8M8.6M7.3M4.0M
Total Stockholder Equity30.9M72.8M36.2M5.9M(2.1M)(2.2M)
Property Plant And Equipment Net6.1M5.9M8.8M11.7M9.2M5.3M
Net Debt(3.9M)(4.3M)(9.8M)5.2M6.2M6.5M
Retained Earnings(93.3M)(132.3M)(174.6M)(214.4M)(238.3M)(226.4M)
Accounts Payable1.6M974K4.1M1.1M772K1.3M
Cash3.9M4.3M9.8M8.6M5.6M5.8M
Non Current Assets Total6.4M28.3M9.4M11.8M9.3M7.8M
Non Currrent Assets Other31K22.2M423K99K87K82.7K
Other Assets230K22.8M663K99K113.9K108.2K
Cash And Short Term Investments26.6M44.5M32.2M12.6M5.6M5.3M
Net Receivables42K(251K)118K(213K)(191.7K)(182.1K)
Liabilities And Stockholders Equity33.8M75.8M44.2M26.0M15.4M25.8M
Non Current Liabilities Total251K193K199K11.5M10.2M9.7M
Other Current Assets399K2.3M2.2M1.1M458K878.4K
Other Stockholder Equity124.2M205.1M210.8M220.3M236.2M248.0M
Total Liab2.8M3.1M8.0M20.1M17.5M24.1M
Total Current Assets27.4M47.6M34.8M14.2M6.1M5.8M
Accumulated Other Comprehensive Income(766K)(1.2M)(106.4M)(3.1M)(2.8M)(3.0M)
Property Plant Equipment6.1M5.9M8.8M11.7M13.4M14.1M
Other Liab251K193K199K2.8M3.3M3.4M
Net Tangible Assets(87.6M)72.8M36.2M5.8M6.7M7.0M
Short Term Investments14.0M0.022.7M40.2M22.4M4.0M
Non Current Liabilities Other251K193K199K174K398K273.2K
Net Invested Capital30.9M72.8M36.2M17.5M8.3M8.7M
Net Working Capital24.8M44.3M27.0M5.6M(1.2M)(1.2M)

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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.
When determining whether PolyPid is a strong investment it is important to analyze PolyPid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PolyPid's future performance. For an informed investment choice regarding PolyPid Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PolyPid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade PolyPid Stock refer to our How to Trade PolyPid Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 PolyPid. If investors know PolyPid 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 PolyPid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.22)
Return On Assets
(0.65)
Return On Equity
(4.97)
The market value of PolyPid is measured differently than its book value, which is the value of PolyPid that is recorded on the company's balance sheet. Investors also form their own opinion of PolyPid's value that differs from its market value or its book value, called intrinsic value, which is PolyPid'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 PolyPid's market value can be influenced by many factors that don't directly affect PolyPid'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 PolyPid's value and its price as these two are different measures arrived at by different means. Investors typically determine if PolyPid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PolyPid'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.