StageZero Total Assets vs Total Current Liabilities Analysis

SZLS Stock  CAD 0.04  0.00  0.00%   
StageZero Life financial indicator trend analysis is much more than just breaking down StageZero Life Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether StageZero Life Sciences is a good investment. Please check the relationship between StageZero Life Total Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in StageZero Life Sciences. 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.

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 StageZero Life Sciences Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between StageZero Life's Total Assets and Total Current Liabilities is -0.15. 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 StageZero Life Sciences, assuming nothing else is changed. The correlation between historical values of StageZero Life'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 StageZero Life Sciences 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., StageZero Life's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of StageZero Life 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 StageZero Life Sciences 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 StageZero Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of StageZero Life Sciences 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 StageZero Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into StageZero Life Sciences 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 StageZero Life Sciences. 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.
As of the 1st of December 2024, Enterprise Value is likely to grow to about 5.8 M, while Selling General Administrative is likely to drop about 3 M.
 2023 2024 (projected)
Reconciled Depreciation283.0K377.5K
Interest Income1.8M1.4M

StageZero Life fundamental ratios Correlations

-0.150.660.41-0.56-0.13-0.360.760.6-0.130.770.51-0.150.780.560.150.190.030.8-0.010.2-0.18-0.060.510.450.02
-0.15-0.790.30.46-0.80.93-0.280.190.04-0.34-0.460.830.140.03-0.280.910.84-0.330.880.48-0.02-0.10.530.230.56
0.66-0.79-0.18-0.760.51-0.870.650.18-0.20.680.68-0.590.210.260.28-0.59-0.560.68-0.57-0.23-0.18-0.03-0.14-0.06-0.44
0.410.3-0.180.35-0.290.280.070.470.210.12-0.09-0.080.760.470.080.580.260.160.110.30.240.110.480.710.36
-0.560.46-0.760.35-0.230.57-0.850.10.26-0.79-0.660.26-0.12-0.2-0.090.360.42-0.780.340.110.220.070.050.110.11
-0.13-0.80.51-0.29-0.23-0.670.05-0.33-0.130.10.13-0.68-0.29-0.10.16-0.79-0.690.08-0.83-0.81-0.08-0.06-0.48-0.26-0.48
-0.360.93-0.870.280.57-0.67-0.40.0-0.01-0.45-0.470.740.00.1-0.270.790.78-0.440.750.420.01-0.130.290.190.44
0.76-0.280.650.07-0.850.05-0.4-0.03-0.190.990.62-0.230.540.530.23-0.02-0.250.98-0.260.11-0.25-0.040.120.420.08
0.60.190.180.470.1-0.330.0-0.030.07-0.04-0.040.120.450.16-0.130.360.360.00.360.150.1-0.010.710.070.02
-0.130.04-0.20.210.26-0.13-0.01-0.190.07-0.2-0.24-0.070.04-0.18-0.050.06-0.12-0.22-0.010.080.830.960.020.070.17
0.77-0.340.680.12-0.790.1-0.450.99-0.04-0.20.64-0.270.60.570.29-0.04-0.251.0-0.290.12-0.29-0.060.070.490.0
0.51-0.460.68-0.09-0.660.13-0.470.62-0.04-0.240.64-0.350.20.320.12-0.32-0.350.66-0.320.19-0.35-0.04-0.220.18-0.01
-0.150.83-0.59-0.080.26-0.680.74-0.230.12-0.07-0.27-0.350.05-0.1-0.440.720.91-0.260.930.34-0.24-0.180.46-0.010.15
0.780.140.210.76-0.12-0.290.00.540.450.040.60.20.050.570.060.540.290.640.170.35-0.080.020.560.780.1
0.560.030.260.47-0.2-0.10.10.530.16-0.180.570.32-0.10.570.450.270.160.58-0.040.29-0.15-0.10.030.640.02
0.15-0.280.280.08-0.090.16-0.270.23-0.13-0.050.290.12-0.440.060.45-0.22-0.310.29-0.350.240.090.03-0.420.23-0.02
0.190.91-0.590.580.36-0.790.79-0.020.360.06-0.04-0.320.720.540.27-0.220.84-0.030.810.53-0.05-0.080.70.530.52
0.030.84-0.560.260.42-0.690.78-0.250.36-0.12-0.25-0.350.910.290.16-0.310.84-0.230.930.4-0.24-0.250.560.20.13
0.8-0.330.680.16-0.780.08-0.440.980.0-0.221.00.66-0.260.640.580.29-0.03-0.23-0.280.15-0.3-0.070.10.510.01
-0.010.88-0.570.110.34-0.830.75-0.260.36-0.01-0.29-0.320.930.17-0.04-0.350.810.93-0.280.54-0.15-0.120.540.070.24
0.20.48-0.230.30.11-0.810.420.110.150.080.120.190.340.350.290.240.530.40.150.540.050.110.090.420.34
-0.18-0.02-0.180.240.22-0.080.01-0.250.10.83-0.29-0.35-0.24-0.08-0.150.09-0.05-0.24-0.3-0.150.050.78-0.04-0.150.11
-0.06-0.1-0.030.110.07-0.06-0.13-0.04-0.010.96-0.06-0.04-0.180.02-0.10.03-0.08-0.25-0.07-0.120.110.78-0.140.060.11
0.510.53-0.140.480.05-0.480.290.120.710.020.07-0.220.460.560.03-0.420.70.560.10.540.09-0.04-0.140.250.36
0.450.23-0.060.710.11-0.260.190.420.070.070.490.18-0.010.780.640.230.530.20.510.070.42-0.150.060.250.38
0.020.56-0.440.360.11-0.480.440.080.020.170.0-0.010.150.10.02-0.020.520.130.010.240.340.110.110.360.38
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StageZero Life Account Relationship Matchups

StageZero Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M8.5M10.6M700.7K630.6K599.1K
Total Current Liabilities4.2M5.6M4.7M7.0M8.1M8.5M
Total Stockholder Equity(4.5M)(1.2M)2.8M(7.5M)(6.8M)(6.4M)
Property Plant And Equipment Net1.0M1.3M871.9K434.4K499.6K474.6K
Net Debt2.4M(3.0M)(368.5K)1.8M2.1M2.2M
Retained Earnings(97.3M)(104.1M)(111.6M)(123.0M)(110.7M)(105.2M)
Accounts Payable1.4M1.3M734.7K2.8M3.2M3.4M
Cash71.1K6.6M1.7M15.7K14.1K13.4K
Non Current Assets Total1.7M1.3M8.3M434.4K499.6K474.6K
Cash And Short Term Investments71.1K6.6M1.7M15.7K14.1K13.4K
Net Receivables21.7K170.1K126.9K31.2K28.1K26.7K
Common Stock Shares Outstanding34.0M44.8M70.7M99.4M114.3M120.1M
Liabilities And Stockholders Equity2.0M8.5M10.6M700.7K630.6K599.1K
Non Current Liabilities Total2.2M4.2M3.1M1.2M1.4M1.7M
Other Current Assets46.3K100.1K124.8K123.7K111.3K105.7K
Other Stockholder Equity11.2M12.3M12.6M12.9M14.8M14.1M
Total Liab6.5M9.7M7.9M8.2M9.4M9.9M
Property Plant And Equipment Gross1.1M1.0M1.3M2.9M3.3M3.5M
Total Current Assets226.9K7.2M2.4M266.2K239.6K227.6K
Other Current Liab1.6M1.5M3.2M3.0M3.4M3.6M
Current Deferred Revenue1.5M224.8K195.2K68.8K61.9K58.8K
Inventory87.7K355.0K408.8K95.6K110.0K112.7K
Short Long Term Debt Total2.5M3.6M1.4M1.8M2.1M2.3M
Short Term Debt1.3M2.6M580.0K1.2M1.4M894.7K
Common Stock80.3M89.3M100.5M101.4M116.6M85.7M
Other Liab487.2K1.1M3.2M2.4M2.7M1.5M
Net Tangible Assets(5.5M)(4.5M)(1.2M)(4.6M)(5.3M)(5.6M)
Short Long Term Debt1.1M2.4M358.4K1.0M927.0K1.1M
Property Plant Equipment1.0M1.3M871.9K434.4K391.0K758.1K
Long Term Debt572.5K551.5K582.5K576.4K518.7K552.9K
Long Term Debt Total1.2M966.9K776.2K576.4K518.7K691.1K
Capital Surpluse11.2M12.3M12.6M12.9M14.8M12.4M
Net Invested Capital(2.8M)1.7M3.7M(5.9M)(5.3M)(5.0M)
Net Working Capital(4.0M)1.6M(2.4M)(6.8M)(6.1M)(5.8M)
Capital Stock80.3M89.3M100.5M101.4M116.6M98.7M

Pair Trading with StageZero Life

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if StageZero Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in StageZero Life will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to StageZero Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StageZero Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back StageZero Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling StageZero Life Sciences to buy it.
The correlation of StageZero Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as StageZero Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StageZero Life Sciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for StageZero Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in StageZero Stock

Balance Sheet is a snapshot of the financial position of StageZero Life Sciences at a specified time, usually calculated after every quarter, six months, or one year. StageZero Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of StageZero Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which StageZero currently owns. An asset can also be divided into two categories, current and non-current.