TCBP Net Debt vs Cash And Short Term Investments Analysis

TCBP Stock

USD 0.64 0.02 3.03%

TC BioPharm financial indicator trend analysis is much more than just breaking down TC BioPharm Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TC BioPharm Holdings is a good investment. Please check the relationship between TC BioPharm Net Debt and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC BioPharm Holdings. 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 labor statistics.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TC BioPharm Holdings Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TC BioPharm's Net Debt and Cash And Short Term Investments is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of TC BioPharm Holdings, assuming nothing else is changed. The correlation between historical values of TC BioPharm's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of TC BioPharm Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., TC BioPharm's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of TC BioPharm Holdings balance sheet. This account contains TC BioPharm investments that will expire within one year. These investments include stocks and bonds that can be liquidated by TC BioPharm Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from TC BioPharm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TC BioPharm Holdings 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 TC BioPharm Holdings. 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 labor statistics.

As of 11/26/2024, Tax Provision is likely to drop to about (1.1 M). In addition to that, Selling General Administrative is likely to drop to about 5.1 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	812.0K	762.5K	630.1K	638.0K
Interest Income	33.0	2.2K	2.0K	1.9K

Depreciation And Amortization Interest Income

TC BioPharm fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.44	-0.34	-0.35	0.47	0.38	0.54	0.29	-0.14	-0.49	0.23	-0.38	0.29	0.28	-0.46	0.29	0.6	0.33	0.2	0.14	-0.6	0.46	0.22	-0.26	0.41	0.01
Short Long Term Debt Total	-0.44		0.68	0.84	-0.95	-0.3	-0.99	-0.13	0.29	0.96	-0.17	0.3	-0.09	-0.12	0.76	-0.09	-0.19	-0.5	-0.08	0.09	0.17	-0.45	-0.08	0.94	-0.83	0.05
Other Current Liab	-0.34	0.68		0.9	-0.54	-0.82	-0.64	-0.67	-0.37	0.45	-0.65	0.54	0.61	-0.66	0.94	0.61	-0.68	-0.61	-0.67	-0.53	0.66	-0.71	0.39	0.54	-0.33	-0.35
Total Current Liabilities	-0.35	0.84	0.9		-0.67	-0.69	-0.79	-0.57	-0.24	0.67	-0.63	0.57	0.38	-0.58	0.96	0.38	-0.57	-0.4	-0.57	-0.4	0.56	-0.47	0.29	0.73	-0.45	-0.45
Total Stockholder Equity	0.47	-0.95	-0.54	-0.67		0.08	0.97	-0.13	-0.54	-0.97	-0.1	-0.03	0.29	-0.13	-0.57	0.29	0.02	0.64	-0.17	-0.34	0.0	0.54	0.35	-0.96	0.96	-0.27
Other Liab	0.38	-0.3	-0.82	-0.69	0.08		0.25	0.97	0.77	-0.05	0.93	-0.85	-0.75	0.96	-0.84	-0.75	0.92	0.18	0.95	0.91	-0.91	0.39	-0.72	-0.04	-0.18	0.59
Net Tangible Assets	0.54	-0.99	-0.64	-0.79	0.97	0.25		0.08	-0.36	-0.97	0.11	-0.25	0.18	0.07	-0.72	0.18	0.2	0.55	0.03	-0.15	-0.19	0.5	0.19	-0.94	0.87	-0.09
Property Plant And Equipment Net	0.29	-0.13	-0.67	-0.57	-0.13	0.97	0.08		0.88	0.11	0.98	-0.88	-0.76	1.0	-0.73	-0.76	0.91	-0.06	0.99	0.98	-0.91	0.18	-0.79	0.13	-0.38	0.71
Current Deferred Revenue	-0.14	0.29	-0.37	-0.24	-0.54	0.77	-0.36	0.88		0.52	0.87	-0.68	-0.86	0.88	-0.38	-0.86	0.68	-0.31	0.91	0.96	-0.69	-0.1	-0.87	0.47	-0.74	0.74
Net Debt	-0.49	0.96	0.45	0.67	-0.97	-0.05	-0.97	0.11	0.52		0.06	0.13	-0.38	0.11	0.56	-0.38	-0.01	-0.44	0.16	0.32	0.0	-0.35	-0.31	0.94	-0.91	0.21
Retained Earnings	0.23	-0.17	-0.65	-0.63	-0.1	0.93	0.11	0.98	0.87	0.06		-0.88	-0.73	0.99	-0.74	-0.73	0.87	-0.14	0.99	0.95	-0.88	0.09	-0.77	0.06	-0.37	0.79
Accounts Payable	-0.38	0.3	0.54	0.57	-0.03	-0.85	-0.25	-0.88	-0.68	0.13	-0.88		0.49	-0.88	0.72	0.49	-0.76	0.24	-0.83	-0.82	0.76	0.05	0.78	0.0	0.22	-0.49
Cash	0.29	-0.09	0.61	0.38	0.29	-0.75	0.18	-0.76	-0.86	-0.38	-0.73	0.49		-0.75	0.48	1.0	-0.54	-0.11	-0.81	-0.81	0.54	-0.24	0.81	-0.2	0.47	-0.54
Non Current Assets Total	0.28	-0.12	-0.66	-0.58	-0.13	0.96	0.07	1.0	0.88	0.11	0.99	-0.88	-0.75		-0.73	-0.75	0.91	-0.08	0.99	0.97	-0.91	0.16	-0.78	0.13	-0.39	0.73
Non Currrent Assets Other	-0.46	0.76	0.94	0.96	-0.57	-0.84	-0.72	-0.73	-0.38	0.56	-0.74	0.72	0.48	-0.73		0.48	-0.72	-0.39	-0.71	-0.57	0.71	-0.51	0.44	0.58	-0.33	-0.43
Cash And Short Term Investments	0.29	-0.09	0.61	0.38	0.29	-0.75	0.18	-0.76	-0.86	-0.38	-0.73	0.49	1.0	-0.75	0.48		-0.54	-0.11	-0.81	-0.81	0.54	-0.24	0.81	-0.2	0.47	-0.54
Net Receivables	0.6	-0.19	-0.68	-0.57	0.02	0.92	0.2	0.91	0.68	-0.01	0.87	-0.76	-0.54	0.91	-0.72	-0.54		0.15	0.89	0.85	-1.0	0.41	-0.48	0.06	-0.2	0.64
Common Stock Shares Outstanding	0.33	-0.5	-0.61	-0.4	0.64	0.18	0.55	-0.06	-0.31	-0.44	-0.14	0.24	-0.11	-0.08	-0.39	-0.11	0.15		-0.06	-0.18	-0.12	0.96	0.32	-0.54	0.66	-0.29
Non Current Liabilities Total	0.2	-0.08	-0.67	-0.57	-0.17	0.95	0.03	0.99	0.91	0.16	0.99	-0.83	-0.81	0.99	-0.71	-0.81	0.89	-0.06		0.98	-0.89	0.18	-0.78	0.14	-0.43	0.77
Capital Lease Obligations	0.14	0.09	-0.53	-0.4	-0.34	0.91	-0.15	0.98	0.96	0.32	0.95	-0.82	-0.81	0.97	-0.57	-0.81	0.85	-0.18	0.98		-0.85	0.06	-0.84	0.33	-0.57	0.71
Inventory	-0.6	0.17	0.66	0.56	0.0	-0.91	-0.19	-0.91	-0.69	0.0	-0.88	0.76	0.54	-0.91	0.71	0.54	-1.0	-0.12	-0.89	-0.85		-0.38	0.48	-0.06	0.21	-0.66
Other Current Assets	0.46	-0.45	-0.71	-0.47	0.54	0.39	0.5	0.18	-0.1	-0.35	0.09	0.05	-0.24	0.16	-0.51	-0.24	0.41	0.96	0.18	0.06	-0.38		0.19	-0.43	0.52	-0.09
Other Stockholder Equity	0.22	-0.08	0.39	0.29	0.35	-0.72	0.19	-0.79	-0.87	-0.31	-0.77	0.78	0.81	-0.78	0.44	0.81	-0.48	0.32	-0.78	-0.84	0.48	0.19		-0.3	0.56	-0.43
Total Liab	-0.26	0.94	0.54	0.73	-0.96	-0.04	-0.94	0.13	0.47	0.94	0.06	0.0	-0.2	0.13	0.58	-0.2	0.06	-0.54	0.14	0.33	-0.06	-0.43	-0.3		-0.9	0.11
Net Invested Capital	0.41	-0.83	-0.33	-0.45	0.96	-0.18	0.87	-0.38	-0.74	-0.91	-0.37	0.22	0.47	-0.39	-0.33	0.47	-0.2	0.66	-0.43	-0.57	0.21	0.52	0.56	-0.9		-0.47
Property Plant And Equipment Gross	0.01	0.05	-0.35	-0.45	-0.27	0.59	-0.09	0.71	0.74	0.21	0.79	-0.49	-0.54	0.73	-0.43	-0.54	0.64	-0.29	0.77	0.71	-0.66	-0.09	-0.43	0.11	-0.47

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TC BioPharm Account Relationship Matchups

Pair Trading with TC BioPharm

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 TC BioPharm 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 TC BioPharm will appreciate offsetting losses from the drop in the long position's value.

Moving together with TCBP Stock

0.67	A	Agilent Technologies Sell-off Trend	Pair Corr
0.85	ME	23Andme Holding	Pair Corr
0.76	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against TCBP Stock

0.67	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.46	KZR	Kezar Life Sciences	Pair Corr
0.41	MLYS	Mineralys Therapeutics,	Pair Corr
0.37	KEP	Korea Electric Power	Pair Corr

The ability to find closely correlated positions to TC BioPharm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC BioPharm 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 TC BioPharm - 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 TC BioPharm Holdings to buy it.

The correlation of TC BioPharm 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 TC BioPharm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC BioPharm Holdings 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 TC BioPharm 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 Correlation Correlation Matching

Additional Tools for TCBP Stock Analysis

When running TC BioPharm's price analysis, check to measure TC BioPharm's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC BioPharm is operating at the current time. Most of TC BioPharm's value examination focuses on studying past and present price action to predict the probability of TC BioPharm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC BioPharm's price. Additionally, you may evaluate how the addition of TC BioPharm to your portfolios can decrease your overall portfolio volatility.

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