BriaCell Long Term Investments vs Net Receivables Analysis

BCTXW Stock  USD 0.51  0.01  2.00%   
BriaCell Therapeutics financial indicator trend analysis is way more than just evaluating BriaCell Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BriaCell Therapeutics is a good investment. Please check the relationship between BriaCell Therapeutics Long Term Investments and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BriaCell Therapeutics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Long Term Investments vs Net Receivables

Long Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BriaCell Therapeutics Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BriaCell Therapeutics' Long Term Investments and Net Receivables is 0.93. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of BriaCell Therapeutics Corp, assuming nothing else is changed. The correlation between historical values of BriaCell Therapeutics' Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of BriaCell Therapeutics Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., BriaCell Therapeutics' Long Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Investments

Long Term Investments is an item on the asset side of BriaCell Therapeutics balance sheet that represents investments BriaCell Therapeutics intends to hold for over a year. BriaCell Therapeutics Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Receivables

Most indicators from BriaCell Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BriaCell Therapeutics 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 BriaCell Therapeutics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, BriaCell Therapeutics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 8.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (3.62) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income136.7K891.2K1.0M1.1M
Research Development8.0M15.3M27.2M28.5M

BriaCell Therapeutics fundamental ratios Correlations

-0.10.79-0.98-0.33-0.010.98-0.04-0.10.980.450.540.70.520.980.02-0.15-0.050.090.350.42-0.440.79-0.080.97-0.57
-0.1-0.290.17-0.750.93-0.18-0.080.93-0.190.68-0.070.010.12-0.140.90.2-0.23-0.930.220.41-0.53-0.240.93-0.27-0.59
0.79-0.29-0.80.18-0.20.80.09-0.210.8-0.06-0.060.87-0.10.77-0.26-0.180.110.22-0.140.17-0.130.98-0.20.78-0.21
-0.980.17-0.80.240.11-1.00.190.19-1.0-0.37-0.52-0.65-0.49-1.00.090.10.18-0.18-0.3-0.430.42-0.830.17-0.990.55
-0.33-0.750.180.24-0.79-0.240.13-0.7-0.23-0.98-0.56-0.06-0.7-0.3-0.860.030.260.72-0.66-0.520.650.13-0.71-0.20.79
-0.010.93-0.20.11-0.79-0.110.020.99-0.120.75-0.030.080.13-0.070.97-0.16-0.13-0.990.20.27-0.42-0.170.99-0.19-0.53
0.98-0.180.8-1.0-0.24-0.11-0.19-0.191.00.360.520.650.491.0-0.1-0.1-0.180.180.30.44-0.430.83-0.180.99-0.54
-0.04-0.080.090.190.130.02-0.190.04-0.19-0.13-0.170.27-0.19-0.20.01-0.220.98-0.03-0.2-0.330.32-0.120.04-0.190.25
-0.10.93-0.210.19-0.70.99-0.190.04-0.20.67-0.150.050.02-0.160.93-0.16-0.11-0.990.090.24-0.38-0.181.0-0.27-0.44
0.98-0.190.8-1.0-0.23-0.121.0-0.19-0.20.350.520.650.491.0-0.11-0.11-0.180.190.290.43-0.420.83-0.180.99-0.53
0.450.68-0.06-0.37-0.980.750.36-0.130.670.350.620.110.730.420.81-0.14-0.24-0.680.610.49-0.63-0.020.680.32-0.79
0.54-0.07-0.06-0.52-0.56-0.030.52-0.17-0.150.520.62-0.090.980.560.11-0.03-0.160.130.710.34-0.37-0.03-0.140.56-0.46
0.70.010.87-0.65-0.060.080.650.270.050.650.11-0.09-0.080.640.06-0.110.24-0.080.10.11-0.130.810.070.62-0.27
0.520.12-0.1-0.49-0.70.130.49-0.190.020.490.730.98-0.080.540.270.04-0.22-0.040.760.42-0.48-0.070.030.51-0.59
0.98-0.140.77-1.0-0.3-0.071.0-0.2-0.161.00.420.560.640.54-0.04-0.1-0.190.150.370.45-0.450.8-0.140.99-0.57
0.020.9-0.260.09-0.860.97-0.10.010.93-0.110.810.110.060.27-0.04-0.14-0.13-0.930.410.3-0.45-0.230.93-0.15-0.57
-0.150.2-0.180.10.03-0.16-0.1-0.22-0.16-0.11-0.14-0.03-0.110.04-0.1-0.14-0.210.120.120.25-0.24-0.16-0.15-0.14-0.22
-0.05-0.230.110.180.26-0.13-0.180.98-0.11-0.18-0.24-0.160.24-0.22-0.19-0.13-0.210.13-0.23-0.410.41-0.1-0.11-0.170.35
0.09-0.930.22-0.180.72-0.990.18-0.03-0.990.19-0.680.13-0.08-0.040.15-0.930.120.13-0.13-0.220.360.19-0.990.260.45
0.350.22-0.14-0.3-0.660.20.3-0.20.090.290.610.710.10.760.370.410.12-0.23-0.130.28-0.35-0.10.10.33-0.46
0.420.410.17-0.43-0.520.270.44-0.330.240.430.490.340.110.420.450.30.25-0.41-0.220.28-0.980.260.230.38-0.79
-0.44-0.53-0.130.420.65-0.42-0.430.32-0.38-0.42-0.63-0.37-0.13-0.48-0.45-0.45-0.240.410.36-0.35-0.98-0.21-0.37-0.370.87
0.79-0.240.98-0.830.13-0.170.83-0.12-0.180.83-0.02-0.030.81-0.070.8-0.23-0.16-0.10.19-0.10.26-0.21-0.180.81-0.27
-0.080.93-0.20.17-0.710.99-0.180.041.0-0.180.68-0.140.070.03-0.140.93-0.15-0.11-0.990.10.23-0.37-0.18-0.25-0.47
0.97-0.270.78-0.99-0.2-0.190.99-0.19-0.270.990.320.560.620.510.99-0.15-0.14-0.170.260.330.38-0.370.81-0.25-0.48
-0.57-0.59-0.210.550.79-0.53-0.540.25-0.44-0.53-0.79-0.46-0.27-0.59-0.57-0.57-0.220.350.45-0.46-0.790.87-0.27-0.47-0.48
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BriaCell Therapeutics Account Relationship Matchups

BriaCell Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets478.3K58.0M42.6M27.2M5.9M10.3M
Total Current Liabilities3.6M556.8K941.1K1.8M7.5M7.8M
Total Stockholder Equity(3.3M)57.3M10.3M(3.8M)(2.4M)(2.3M)
Net Debt209.3K(57.2M)(41.0M)(21.3M)(862.1K)(905.2K)
Retained Earnings(16.6M)(15.8M)(60.3M)(80.7M)(85.4M)(81.2M)
Accounts Payable4.2K214.1K463.3K1.1M7.2M7.5M
Cash19.5K57.3M41.0M21.3M862.1K819.0K
Non Current Assets Total238.9K245.6K230.3K215.1K2.2M1.2M
Cash And Short Term Investments19.5K57.3M41.0M21.3M862.1K819.0K
Common Stock Shares Outstanding713.9K4.5M15.5M15.5M16.5M17.3M
Liabilities And Stockholders Equity478.3K58.0M42.6M27.2M5.9M10.3M
Non Current Liabilities Total142.8K225.4K31.3M29.1M1.1M1.0M
Other Stockholder Equity2.2M31.8M5.2M7.4M11.0M7.7M
Total Liab3.8M782.2K32.2M30.9M8.6M4.8M
Total Current Assets239.4K57.8M42.3M26.9M3.7M3.5M
Net Receivables20.6K12.6K24.1K717.7K1.4M1.4M
Other Current Liab3.4M342.7K477.8K677.7K290.4K275.9K
Inventory(305.0)1.0(24.1K)(18.9K)(1.4M)(1.3M)
Other Current Assets199.7K516.9K1.3M5.0M1.4M721.5K
Accumulated Other Comprehensive Income(81.0K)(94.5K)(127.0K)(138.7K)(124.8K)(118.6K)
Intangible Assets238.9K245.6K230.3K215.1K199.8K182.9K
Net Invested Capital(4.1M)57.3M10.3M(3.8M)(2.4M)(2.3M)
Net Working Capital(4.5M)57.2M41.4M25.1M(3.8M)(3.6M)
Capital Stock11.2M54.8M65.6M69.6M72.2M45.8M
Common Stock11.2M54.8M65.6M69.6M72.2M45.8M

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