| BCTXW Stock | | | USD 0.54 0.03 5.88% |
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 Total Current Liabilities 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 Total Current Liabilities
Long Term Investments vs Total Current Liabilities 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
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BriaCell Therapeutics' Long Term Investments and Total Current Liabilities is 0.93. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Investments i.e., BriaCell Therapeutics' Long Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very 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.
Total Current Liabilities
Total Current Liabilities is an item on BriaCell Therapeutics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BriaCell Therapeutics Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.
BriaCell Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
BriaCell Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BriaCell Therapeutics fundamental ratios Accounts
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Additional Tools for BriaCell Stock Analysis
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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.