Rakovina Change To Account Receivables vs Other Non Cash Items Analysis

RKV Stock

CAD 0.09 0.01 12.50%

Rakovina Therapeutics financial indicator trend analysis is much more than just breaking down Rakovina Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rakovina Therapeutics is a good investment. Please check the relationship between Rakovina Therapeutics Change To Account Receivables and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rakovina 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 board of governors.

Change To Account Receivables vs Other Non Cash Items

Change To Account Receivables vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rakovina Therapeutics Change To Account Receivables account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.

The correlation between Rakovina Therapeutics' Change To Account Receivables and Other Non Cash Items is -0.93. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Rakovina Therapeutics, assuming nothing else is changed. The correlation between historical values of Rakovina Therapeutics' Change To Account Receivables and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Rakovina Therapeutics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Account Receivables i.e., Rakovina Therapeutics' Change To Account Receivables and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.93

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Change To Account Receivables

Other Non Cash Items

Most indicators from Rakovina Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rakovina 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 Rakovina 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 board of governors.

Selling General Administrative is likely to drop to about 706.8 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2010	2022	2023	2024 (projected)
Reconciled Depreciation	412.7K	536.1K	616.5K	544.5K
Total Operating Expenses	2.5M	2.8M	2.5M	2.9M

Reconciled Depreciation Total Operating Expenses

Rakovina Therapeutics fundamental ratios Correlations

	Other Liab	Net Tangible Assets	Retained Earnings	Common Stock	Other Current Liab	Total Current Liabilities	Net Receivables	Total Current Assets	Total Assets	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Intangible Assets	Net Debt	Long Term Debt
Other Liab		-0.71	0.65	-0.69	-0.71	-0.73	-0.57	-0.57	0.58	0.58	-0.34	0.58	0.51	-0.24	-0.45	0.58	-0.23	0.58	0.51	0.39	0.39
Net Tangible Assets	-0.71		-0.97	1.0	1.0	0.98	0.76	0.75	-0.86	-0.84	0.49	-0.86	-0.82	0.53	0.72	-0.86	0.52	-0.86	-0.82	-0.68	-0.68
Retained Earnings	0.65	-0.97		-0.97	-0.97	-0.96	-0.6	-0.57	0.95	0.94	-0.6	0.95	0.9	-0.56	-0.82	0.95	-0.55	0.95	0.9	0.76	0.76
Common Stock	-0.69	1.0	-0.97		1.0	0.98	0.76	0.74	-0.86	-0.84	0.49	-0.86	-0.82	0.53	0.72	-0.86	0.52	-0.86	-0.82	-0.69	-0.69
Other Current Liab	-0.71	1.0	-0.97	1.0		0.98	0.76	0.75	-0.86	-0.84	0.49	-0.86	-0.82	0.53	0.72	-0.86	0.52	-0.86	-0.82	-0.68	-0.68
Total Current Liabilities	-0.73	0.98	-0.96	0.98	0.98		0.75	0.73	-0.84	-0.84	0.57	-0.83	-0.76	0.38	0.7	-0.84	0.36	-0.83	-0.76	-0.61	-0.61
Net Receivables	-0.57	0.76	-0.6	0.76	0.76	0.75		0.98	-0.33	-0.32	0.21	-0.33	-0.35	0.29	0.32	-0.33	0.29	-0.33	-0.35	-0.33	-0.33
Total Current Assets	-0.57	0.75	-0.57	0.74	0.75	0.73	0.98		-0.3	-0.27	0.08	-0.3	-0.27	0.19	0.2	-0.3	0.19	-0.3	-0.27	-0.21	-0.21
Total Assets	0.58	-0.86	0.95	-0.86	-0.86	-0.84	-0.33	-0.3		0.99	-0.63	1.0	0.95	-0.6	-0.86	1.0	-0.59	1.0	0.95	0.81	0.81
Total Stockholder Equity	0.58	-0.84	0.94	-0.84	-0.84	-0.84	-0.32	-0.27	0.99		-0.73	0.98	0.94	-0.54	-0.9	0.99	-0.52	0.98	0.94	0.8	0.8
Accounts Payable	-0.34	0.49	-0.6	0.49	0.49	0.57	0.21	0.08	-0.63	-0.73		-0.59	-0.66	0.31	0.85	-0.63	0.29	-0.59	-0.66	-0.67	-0.67
Cash	0.58	-0.86	0.95	-0.86	-0.86	-0.83	-0.33	-0.3	1.0	0.98	-0.59		0.95	-0.61	-0.85	1.0	-0.59	1.0	0.95	0.8	0.8
Non Current Assets Total	0.51	-0.82	0.9	-0.82	-0.82	-0.76	-0.35	-0.27	0.95	0.94	-0.66	0.95		-0.8	-0.94	0.95	-0.79	0.95	1.0	0.95	0.95
Common Stock Shares Outstanding	-0.24	0.53	-0.56	0.53	0.53	0.38	0.29	0.19	-0.6	-0.54	0.31	-0.61	-0.8		0.73	-0.6	1.0	-0.61	-0.8	-0.91	-0.91
Total Liab	-0.45	0.72	-0.82	0.72	0.72	0.7	0.32	0.2	-0.86	-0.9	0.85	-0.85	-0.94	0.73		-0.87	0.71	-0.85	-0.94	-0.95	-0.95
Net Invested Capital	0.58	-0.86	0.95	-0.86	-0.86	-0.84	-0.33	-0.3	1.0	0.99	-0.63	1.0	0.95	-0.6	-0.87		-0.58	1.0	0.95	0.81	0.81
Capital Stock	-0.23	0.52	-0.55	0.52	0.52	0.36	0.29	0.19	-0.59	-0.52	0.29	-0.59	-0.79	1.0	0.71	-0.58		-0.59	-0.79	-0.9	-0.9
Net Working Capital	0.58	-0.86	0.95	-0.86	-0.86	-0.83	-0.33	-0.3	1.0	0.98	-0.59	1.0	0.95	-0.61	-0.85	1.0	-0.59		0.95	0.8	0.8
Intangible Assets	0.51	-0.82	0.9	-0.82	-0.82	-0.76	-0.35	-0.27	0.95	0.94	-0.66	0.95	1.0	-0.8	-0.94	0.95	-0.79	0.95		0.95	0.95
Net Debt	0.39	-0.68	0.76	-0.69	-0.68	-0.61	-0.33	-0.21	0.81	0.8	-0.67	0.8	0.95	-0.91	-0.95	0.81	-0.9	0.8	0.95		1.0
Long Term Debt	0.39	-0.68	0.76	-0.69	-0.68	-0.61	-0.33	-0.21	0.81	0.8	-0.67	0.8	0.95	-0.91	-0.95	0.81	-0.9	0.8	0.95	1.0

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Rakovina Therapeutics Account Relationship Matchups

Rakovina Therapeutics fundamental ratios Accounts

		2019	2020	2021	2022	2023	2024 (projected)
Retained Earnings		(1.1M)	(13.0)	(5.5M)	(8.3M)	(10.9M)	(10.4M)

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