Incannex Cash And Short Term Investments from 2010 to 2024

IXHL Stock  USD 1.78  0.04  2.20%   
Incannex Healthcare Cash And Short Term Investments yearly trend continues to be quite stable with very little volatility. The value of Cash And Short Term Investments are projected to decrease to about 4.6 M. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2007-03-31
Previous Quarter
9.3 M
Current Value
5.9 M
Quarterly Volatility
8.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Incannex Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Incannex Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.8 K, Interest Expense of 2.6 K or Selling General Administrative of 17.7 M, as well as many indicators such as Price To Sales Ratio of 4.3 K, Dividend Yield of 0.0 or PTB Ratio of 4.46. Incannex financial statements analysis is a perfect complement when working with Incannex Healthcare Valuation or Volatility modules.
  
Check out the analysis of Incannex Healthcare Correlation against competitors.

Latest Incannex Healthcare's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Incannex Healthcare Ltd over the last few years. Short Term Investments is an account in the current assets section of Incannex Healthcare balance sheet. This account contains Incannex Healthcare investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Incannex Healthcare Ltd fairly quickly. It is 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. Incannex Healthcare's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Incannex Healthcare's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Incannex Cash And Short Term Investments Regression Statistics

Arithmetic Mean5,040,619
Geometric Mean1,377,312
Coefficient Of Variation160.13
Mean Deviation5,408,229
Median672,639
Standard Deviation8,071,438
Sample Variance65.1T
Range25.8M
R-Value0.52
Mean Square Error51.1T
R-Squared0.27
Significance0.05
Slope939,870
Total Sum of Squares912.1T

Incannex Cash And Short Term Investments History

20244.6 M
20235.9 M
202222.1 M
202125.9 M
20206.9 M
20192.5 M
201893.3 K

About Incannex Healthcare Financial Statements

Incannex Healthcare investors utilize fundamental indicators, such as Cash And Short Term Investments, to predict how Incannex Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments5.9 M4.6 M

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When determining whether Incannex Healthcare is a strong investment it is important to analyze Incannex Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Incannex Healthcare's future performance. For an informed investment choice regarding Incannex Stock, refer to the following important reports:
Check out the analysis of Incannex Healthcare Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Incannex Healthcare. If investors know Incannex 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 Incannex Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.36)
Revenue Per Share
0.001
Quarterly Revenue Growth
0.296
Return On Assets
(0.57)
Return On Equity
(1.15)
The market value of Incannex Healthcare is measured differently than its book value, which is the value of Incannex that is recorded on the company's balance sheet. Investors also form their own opinion of Incannex Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Incannex Healthcare's 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 Incannex Healthcare's market value can be influenced by many factors that don't directly affect Incannex Healthcare's 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 Incannex Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incannex Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incannex Healthcare's 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.