Scancell Good Will vs Net Receivables Analysis

SCLP Stock   10.75  0.10  0.92%   
Scancell Hldgs financial indicator trend analysis is much more than just breaking down Scancell Hldgs Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scancell Hldgs Plc is a good investment. Please check the relationship between Scancell Hldgs Good Will and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs Plc. 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.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scancell Hldgs Plc Good Will account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scancell Hldgs' Good Will and Net Receivables is -0.11. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Scancell Hldgs Plc, assuming nothing else is changed. The correlation between historical values of Scancell Hldgs' Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Scancell Hldgs Plc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Scancell Hldgs' Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Scancell Hldgs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scancell Hldgs Plc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs Plc. 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 gain to about 5.7 M in 2024, despite the fact that Tax Provision is likely to grow to (3.1 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation740K902K966K1.0M
Interest Income4K284K355K372.8K

Scancell Hldgs fundamental ratios Correlations

-0.140.620.230.920.990.690.870.190.860.760.010.48-0.63-0.470.44-0.370.950.660.560.620.430.860.130.660.35
-0.140.62-0.690.0-0.250.560.21-0.320.35-0.450.140.340.7-0.4-0.3-0.19-0.280.340.240.190.27-0.19-0.240.40.15
0.620.62-0.390.710.530.950.81-0.280.890.240.250.640.12-0.71-0.08-0.510.50.740.640.620.620.53-0.210.720.45
0.23-0.69-0.390.230.29-0.31-0.280.56-0.070.450.09-0.59-0.840.450.140.280.250.02-0.27-0.15-0.380.090.4-0.17-0.51
0.920.00.710.230.870.780.790.220.910.690.350.38-0.54-0.480.33-0.470.810.830.580.620.380.730.160.620.14
0.99-0.250.530.290.870.60.820.140.780.82-0.050.46-0.69-0.440.4-0.350.980.570.540.610.440.890.10.630.37
0.690.560.95-0.310.780.60.84-0.140.940.390.190.640.01-0.720.1-0.630.570.840.730.720.590.58-0.110.820.31
0.870.210.81-0.280.790.820.84-0.10.880.53-0.030.77-0.2-0.70.36-0.510.810.640.690.690.620.8-0.070.730.6
0.19-0.32-0.280.560.220.14-0.14-0.10.10.050.07-0.46-0.520.460.660.430.020.09-0.35-0.3-0.61-0.180.74-0.2-0.54
0.860.350.89-0.070.910.780.940.880.10.50.210.55-0.26-0.620.28-0.490.720.860.650.670.480.670.070.780.27
0.76-0.450.240.450.690.820.390.530.050.5-0.10.25-0.72-0.290.23-0.430.840.420.530.590.410.770.020.560.1
0.010.140.250.090.35-0.050.19-0.030.070.21-0.1-0.030.09-0.2-0.24-0.25-0.060.520.20.180.06-0.01-0.1-0.05-0.21
0.480.340.64-0.590.380.460.640.77-0.460.550.25-0.030.27-0.93-0.04-0.590.560.480.850.810.890.72-0.620.650.81
-0.630.70.12-0.84-0.54-0.690.01-0.2-0.52-0.26-0.720.090.27-0.25-0.48-0.08-0.64-0.170.05-0.060.2-0.43-0.5-0.120.23
-0.47-0.4-0.710.45-0.48-0.44-0.72-0.70.46-0.62-0.29-0.2-0.93-0.250.220.72-0.54-0.68-0.95-0.92-0.93-0.730.69-0.71-0.65
0.44-0.3-0.080.140.330.40.10.360.660.280.23-0.24-0.04-0.480.220.080.310.08-0.13-0.12-0.390.110.740.07-0.17
-0.37-0.19-0.510.28-0.47-0.35-0.63-0.510.43-0.49-0.43-0.25-0.59-0.080.720.08-0.42-0.66-0.8-0.76-0.64-0.550.4-0.59-0.16
0.95-0.280.50.250.810.980.570.810.020.720.84-0.060.56-0.64-0.540.31-0.420.550.640.70.570.95-0.070.640.47
0.660.340.740.020.830.570.840.640.090.860.420.520.48-0.17-0.680.08-0.660.550.750.770.490.58-0.10.740.04
0.560.240.64-0.270.580.540.730.69-0.350.650.530.20.850.05-0.95-0.13-0.80.640.750.990.910.8-0.60.790.48
0.620.190.62-0.150.620.610.720.69-0.30.670.590.180.81-0.06-0.92-0.12-0.760.70.770.990.890.84-0.570.810.45
0.430.270.62-0.380.380.440.590.62-0.610.480.410.060.890.2-0.93-0.39-0.640.570.490.910.890.77-0.810.670.73
0.86-0.190.530.090.730.890.580.8-0.180.670.77-0.010.72-0.43-0.730.11-0.550.950.580.80.840.77-0.350.670.6
0.13-0.24-0.210.40.160.1-0.11-0.070.740.070.02-0.1-0.62-0.50.690.740.4-0.07-0.1-0.6-0.57-0.81-0.35-0.23-0.6
0.660.40.72-0.170.620.630.820.73-0.20.780.56-0.050.65-0.12-0.710.07-0.590.640.740.790.810.670.67-0.230.31
0.350.150.45-0.510.140.370.310.6-0.540.270.1-0.210.810.23-0.65-0.17-0.160.470.040.480.450.730.6-0.60.31
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Scancell Hldgs Account Relationship Matchups

Scancell Hldgs fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab(129K)1.2M(1.6M)1.2M2.7M31K
Accounts Payable1.2M821K2.1M1.3M1.5M27K
Net Receivables1.3M2.8M3.2M4.3M5.8M164K
Property Plant Equipment195K975K2.7M319K366.9K350.3K
Other Current Assets2.5M721K452K409K1.2M685.1K
Net Debt(4.4M)(3.4M)(25.7M)(387K)5.0M5.3M
Common Stock Shares Outstanding466.2M678.9M815.5M816.4M862.5M905.6M
Other Stockholder Equity35.5M64.0M85.1M71.3M79.8M83.7M
Property Plant And Equipment Gross195K975K2.7M2.2M4.2M4.4M
Accumulated Other Comprehensive Income(501.9K)705K1.4M2.1M2.8M2.9M
Net Tangible Assets5.9M4.2M16.1M14.7M16.9M8.6M
Capital Surpluse33.4M34.6M38.4M65.0M74.8M42.5M
Net Invested Capital7.6M34.7M25.1M12.2M15.5M17.2M
Net Working Capital4.0M42.4M29.9M21.3M15.5M18.2M

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