Briacell Therapeutics Current Ratio vs. Net Income

BCTX Stock  USD 0.98  0.14  16.67%   
Based on Briacell Therapeutics' profitability indicators, Briacell Therapeutics Corp may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in January. Profitability indicators assess Briacell Therapeutics' ability to earn profits and add value for shareholders.
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.48971681
Current Value
0.47
Quarterly Volatility
27.24275725
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Briacell Therapeutics' ROE is fairly stable compared to the past year.
For Briacell Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Briacell Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Briacell Therapeutics Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Briacell Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Briacell Therapeutics Corp over time as well as its relative position and ranking within its peers.
  
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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 Briacell Therapeutics. If investors know Briacell 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 Briacell Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Return On Assets
(1.26)
Return On Equity
(2.06)
The market value of Briacell Therapeutics is measured differently than its book value, which is the value of Briacell that is recorded on the company's balance sheet. Investors also form their own opinion of Briacell Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Briacell Therapeutics' 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 Briacell Therapeutics' market value can be influenced by many factors that don't directly affect Briacell Therapeutics' 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 Briacell Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Briacell Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Briacell Therapeutics' 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.

Briacell Therapeutics Net Income vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Briacell Therapeutics's current stock value. Our valuation model uses many indicators to compare Briacell Therapeutics value to that of its competitors to determine the firm's financial worth.
Briacell Therapeutics Corp is number one stock in current ratio category among its peers. It also is number one stock in net income category among its peers . At this time, Briacell Therapeutics' Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Briacell Therapeutics' earnings, one of the primary drivers of an investment's value.

Briacell Net Income vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Briacell Therapeutics

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
45.00 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Briacell Therapeutics

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(4.93 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Briacell Net Income Comparison

Briacell Therapeutics is currently under evaluation in net income category among its peers.

Briacell Therapeutics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Briacell Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Briacell Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Briacell Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Briacell Therapeutics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-124.8 K-118.6 K
Operating Income-32.8 M-31.2 M
Net Loss-4.9 M-5.2 M
Income Tax Expense62.9 K59.7 K
Income Before Tax-4.8 M-5 M
Total Other Income Expense Net28 M29.4 M
Net Interest Income288 K302.4 K
Interest Income288 K186.2 K
Net Loss-4.9 M-5.2 M
Net Loss-24.2 M-22.9 M
Change To Netincome16.9 M17.8 M
Net Loss(1.17)(1.23)
Income Quality 4.89  5.14 
Net Income Per E B T 1.15  0.70 

Briacell Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Briacell Therapeutics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Briacell Therapeutics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Briacell Therapeutics' important profitability drivers and their relationship over time.

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Additional Tools for Briacell Stock Analysis

When running Briacell Therapeutics' price analysis, check to measure Briacell Therapeutics' 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 Briacell Therapeutics is operating at the current time. Most of Briacell Therapeutics' value examination focuses on studying past and present price action to predict the probability of Briacell Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Briacell Therapeutics' price. Additionally, you may evaluate how the addition of Briacell Therapeutics to your portfolios can decrease your overall portfolio volatility.