Aytu Total Current Assets vs Common Stock Analysis

AYTU Stock  USD 1.55  0.10  6.06%   
Aytu BioScience financial indicator trend analysis is way more than just evaluating Aytu BioScience prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aytu BioScience is a good investment. Please check the relationship between Aytu BioScience Total Current Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aytu BioScience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Aytu Stock please use our How to Invest in Aytu BioScience guide.

Total Current Assets vs Common Stock

Total Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aytu BioScience Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aytu BioScience's Total Current Assets and Common Stock is -0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Aytu BioScience, assuming nothing else is changed. The correlation between historical values of Aytu BioScience's Total Current Assets and Common Stock 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 Current Assets of Aytu BioScience are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Aytu BioScience's Total Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock

Most indicators from Aytu BioScience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aytu BioScience 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aytu BioScience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Aytu Stock please use our How to Invest in Aytu BioScience guide.At this time, Aytu BioScience's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 39.82 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (377.02) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit52.3M66.6M54.6M57.3M
Total Revenue96.7M107.4M81.0M85.1M

Aytu BioScience fundamental ratios Correlations

0.790.570.940.920.86-0.56-0.720.970.910.970.910.470.760.860.950.910.980.67-0.430.61-0.43-0.260.830.52-0.8
0.790.360.740.750.78-0.42-0.580.830.740.830.740.220.570.680.730.760.740.69-0.70.39-0.7-0.350.690.43-0.79
0.570.360.70.230.450.0-0.950.580.330.40.330.860.810.880.770.610.67-0.04-0.350.94-0.35-0.570.760.79-0.66
0.940.740.70.760.88-0.27-0.830.910.730.890.730.640.740.910.980.970.940.65-0.390.65-0.39-0.530.940.65-0.74
0.920.750.230.760.78-0.74-0.410.890.960.950.960.130.540.610.740.760.870.74-0.350.36-0.350.060.60.22-0.64
0.860.780.450.880.78-0.21-0.590.860.680.90.680.240.510.70.820.960.790.73-0.30.45-0.3-0.50.90.3-0.61
-0.56-0.420.0-0.27-0.74-0.210.13-0.55-0.83-0.56-0.830.07-0.47-0.3-0.34-0.19-0.56-0.270.3-0.240.3-0.56-0.04-0.010.51
-0.72-0.58-0.95-0.83-0.41-0.590.13-0.72-0.5-0.59-0.5-0.86-0.9-0.97-0.89-0.75-0.8-0.170.49-0.880.490.61-0.84-0.830.83
0.970.830.580.910.890.86-0.55-0.720.910.960.910.420.750.840.920.880.960.61-0.440.65-0.44-0.270.840.46-0.8
0.910.740.330.730.960.68-0.83-0.50.910.921.00.210.680.670.760.690.90.6-0.410.49-0.410.110.570.3-0.74
0.970.830.40.890.950.9-0.56-0.590.960.920.920.270.640.740.870.90.920.76-0.390.47-0.39-0.220.790.35-0.73
0.910.740.330.730.960.68-0.83-0.50.911.00.920.210.680.670.760.680.890.6-0.420.49-0.420.110.570.3-0.74
0.470.220.860.640.130.240.07-0.860.420.210.270.210.690.790.690.50.580.03-0.280.7-0.28-0.540.60.9-0.51
0.760.570.810.740.540.51-0.47-0.90.750.680.640.680.690.920.850.640.840.13-0.50.87-0.5-0.330.670.69-0.91
0.860.680.880.910.610.7-0.3-0.970.840.670.740.670.790.920.960.840.910.34-0.520.85-0.52-0.510.870.8-0.88
0.950.730.770.980.740.82-0.34-0.890.920.760.870.760.690.850.960.930.960.54-0.440.75-0.45-0.50.920.7-0.83
0.910.760.610.970.760.96-0.19-0.750.880.690.90.680.50.640.840.930.870.7-0.340.56-0.34-0.570.950.53-0.69
0.980.740.670.940.870.79-0.56-0.80.960.90.920.890.580.840.910.960.870.56-0.440.72-0.44-0.260.820.59-0.82
0.670.69-0.040.650.740.73-0.27-0.170.610.60.760.60.030.130.340.540.70.56-0.3-0.1-0.3-0.20.520.21-0.3
-0.43-0.7-0.35-0.39-0.35-0.30.30.49-0.44-0.41-0.39-0.42-0.28-0.5-0.52-0.44-0.34-0.44-0.3-0.391.00.16-0.32-0.590.67
0.610.390.940.650.360.45-0.24-0.880.650.490.470.490.70.870.850.750.560.72-0.1-0.39-0.39-0.340.690.64-0.72
-0.43-0.7-0.35-0.39-0.35-0.30.30.49-0.44-0.41-0.39-0.42-0.28-0.5-0.52-0.45-0.34-0.44-0.31.0-0.390.16-0.32-0.60.67
-0.26-0.35-0.57-0.530.06-0.5-0.560.61-0.270.11-0.220.11-0.54-0.33-0.51-0.5-0.57-0.26-0.20.16-0.340.16-0.68-0.480.34
0.830.690.760.940.60.9-0.04-0.840.840.570.790.570.60.670.870.920.950.820.52-0.320.69-0.32-0.680.59-0.67
0.520.430.790.650.220.3-0.01-0.830.460.30.350.30.90.690.80.70.530.590.21-0.590.64-0.6-0.480.59-0.6
-0.8-0.79-0.66-0.74-0.64-0.610.510.83-0.8-0.74-0.73-0.74-0.51-0.91-0.88-0.83-0.69-0.82-0.30.67-0.720.670.34-0.67-0.6
Click cells to compare fundamentals

Aytu BioScience Account Relationship Matchups

Aytu BioScience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets152.8M265.7M137.6M136.5M118.1M124.0M
Other Current Liab14.9M7.4M49.5M55.5M47.5M49.9M
Total Current Liabilities28.3M109.4M64.4M69.0M62.2M65.3M
Total Stockholder Equity95.0M137.6M46.1M39.4M27.7M24.5M
Property Plant And Equipment Net892.6K8.7M6.3M3.9M1.5M1.4M
Net Debt(46.1M)(21.3M)(1.2M)(6.6M)(4.9M)(5.1M)
Retained Earnings(120.0M)(178.3M)(288.5M)(304.1M)(320.0M)(304.0M)
Accounts Payable11.8M19.3M11.0M13.5M10.4M5.4M
Cash48.1M49.6M19.4M23.0M20.0M12.0M
Non Current Assets Total77.9M160.4M77.7M63.6M56.2M31.3M
Cash And Short Term Investments48.1M49.6M19.4M23.0M20.0M12.1M
Common Stock Shares Outstanding226.0K837.3K1.5M3.3M5.5M5.8M
Liabilities And Stockholders Equity152.8M265.7M137.6M136.5M118.1M124.0M
Non Current Liabilities Total29.5M18.7M27.1M28.1M28.2M29.6M
Other Stockholder Equity215.0M315.9M331.4M343.5M347.7M365.1M
Total Liab57.8M128.1M91.5M97.1M90.4M94.9M
Property Plant And Equipment Gross1.2M8.7M6.3M3.9M3.6M3.8M
Total Current Assets75.0M105.2M59.9M72.8M61.9M65.0M
Common Stock Total Equity179.01.8K12.6K3K2.7K2.6K
Other Current Assets5.7M1.0M8.0M8.9M5.6M5.9M
Common Stock12.6K3K4K1K900.0855.0
Net Tangible Assets34.7M(13.7M)(24.5M)(19.6M)(17.7M)(16.8M)
Non Currrent Assets Other33.0K465K766K792K2.2M2.3M
Intangible Assets48.9M85.5M70.6M59.0M52.5M35.8M
Property Plant Equipment258.5K8.7M6.3M3.9M4.4M4.7M
Other Liab28.8M15.9M12.8M13.4M15.4M12.2M
Other Assets33.0K465K766K792K910.8K956.3K
Net Receivables5.2M28.2M21.7M28.9M23.6M24.8M
Inventory10.0M16.3M10.8M12.0M12.6M6.6M
Non Current Liabilities Other18.3M15.9M12.8M7.0M4.5M4.3M

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