GlucoTrack Accounts Payable vs Total Current Assets Analysis

GCTK Stock

USD 0.49 0.00 0.000002%

GlucoTrack financial indicator trend analysis is much more than just examining GlucoTrack latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlucoTrack is a good investment. Please check the relationship between GlucoTrack Accounts Payable and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlucoTrack. 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 GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlucoTrack Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between GlucoTrack's Accounts Payable and Total Current Assets is -0.25. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of GlucoTrack, assuming nothing else is changed. The correlation between historical values of GlucoTrack's Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of GlucoTrack are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., GlucoTrack's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents GlucoTrack obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of GlucoTrack are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.

Most indicators from GlucoTrack's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlucoTrack 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlucoTrack. 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 GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.The value of Selling General Administrative is expected to slide to about 2.4 M. The value of Issuance Of Capital Stock is estimated to slide to about 5.2 M

	2022	2023	2024	2025 (projected)
Cost Of Revenue	23K	13K	11.7K	11.1K
Reconciled Depreciation	23K	25K	22.5K	32.9K

Cost Of Revenue Reconciled Depreciation

GlucoTrack fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Long Term Debt
Common Stock Shares Outstanding		0.49	-0.15	-0.24	-0.06	0.59	0.18	-0.55	-0.72	0.02	0.53	-0.12	-0.53	0.53	-0.5	-0.2	0.66	-0.48	0.49	0.47	-0.35	-0.73	0.82	-0.76	-0.11	0.66
Total Assets	0.49		0.15	-0.22	-0.19	0.54	0.1	-0.97	-0.38	-0.22	0.98	-0.2	-0.48	0.98	-0.16	0.18	0.41	-0.18	1.0	0.28	0.03	-0.37	0.56	-0.48	-0.04	0.53
Short Long Term Debt Total	-0.15	0.15		-0.47	-0.51	-0.04	0.0	-0.16	0.43	-0.56	0.22	0.07	0.13	0.22	0.22	-0.27	-0.4	0.12	0.15	-0.04	0.55	0.35	-0.3	0.29	0.37	-0.28
Other Current Liab	-0.24	-0.22	-0.47		0.95	-0.42	0.21	0.31	-0.3	0.89	-0.32	0.3	0.36	-0.32	0.24	0.15	0.22	0.39	-0.24	0.22	-0.01	-0.18	0.06	0.06	-0.13	-0.02
Total Current Liabilities	-0.06	-0.19	-0.51	0.95		-0.4	0.44	0.29	-0.36	0.98	-0.32	0.47	0.42	-0.32	0.23	0.05	0.25	0.39	-0.22	0.35	-0.04	-0.24	0.14	0.0	0.0	0.01
Total Stockholder Equity	0.59	0.54	-0.04	-0.42	-0.4		-0.28	-0.66	-0.53	-0.38	0.64	-0.55	-0.79	0.64	-0.9	0.17	0.64	-0.92	0.56	0.35	-0.57	-0.67	0.74	-0.68	-0.3	0.67
Property Plant And Equipment Net	0.18	0.1	0.0	0.21	0.44	-0.28		0.04	0.05	0.49	-0.04	0.92	0.61	-0.04	0.3	-0.44	-0.18	0.36	0.04	0.63	0.23	0.09	-0.03	0.23	0.8	-0.27
Net Debt	-0.55	-0.97	-0.16	0.31	0.29	-0.66	0.04		0.43	0.32	-0.99	0.34	0.59	-0.99	0.3	-0.15	-0.47	0.33	-0.98	-0.28	0.04	0.45	-0.63	0.55	0.13	-0.57
Retained Earnings	-0.72	-0.38	0.43	-0.3	-0.36	-0.53	0.05	0.43		-0.39	-0.39	0.29	0.56	-0.39	0.53	-0.26	-0.96	0.44	-0.38	-0.47	0.42	0.97	-0.94	0.88	0.52	-0.81
Accounts Payable	0.02	-0.22	-0.56	0.89	0.98	-0.38	0.49	0.32	-0.39		-0.35	0.49	0.39	-0.35	0.19	0.03	0.28	0.35	-0.25	0.37	-0.14	-0.27	0.18	-0.04	0.02	0.03
Cash	0.53	0.98	0.22	-0.32	-0.32	0.64	-0.04	-0.99	-0.39	-0.35		-0.33	-0.57	1.0	-0.27	0.13	0.43	-0.32	0.98	0.27	0.0	-0.41	0.59	-0.52	-0.1	0.56
Non Current Assets Total	-0.12	-0.2	0.07	0.3	0.47	-0.55	0.92	0.34	0.29	0.49	-0.33		0.86	-0.33	0.48	-0.52	-0.43	0.54	-0.25	0.46	0.42	0.32	-0.33	0.52	0.83	-0.55
Non Currrent Assets Other	-0.53	-0.48	0.13	0.36	0.42	-0.79	0.61	0.59	0.56	0.39	-0.57	0.86		-0.57	0.65	-0.48	-0.69	0.7	-0.52	0.1	0.57	0.59	-0.66	0.81	0.67	-0.8
Cash And Short Term Investments	0.53	0.98	0.22	-0.32	-0.32	0.64	-0.04	-0.99	-0.39	-0.35	1.0	-0.33	-0.57		-0.27	0.13	0.43	-0.32	0.98	0.27	0.0	-0.41	0.59	-0.52	-0.1	0.56
Non Current Liabilities Total	-0.5	-0.16	0.22	0.24	0.23	-0.9	0.3	0.3	0.53	0.19	-0.27	0.48	0.65	-0.27		-0.09	-0.62	0.99	-0.18	-0.37	0.73	0.68	-0.66	0.6	0.33	-0.56
Other Current Assets	-0.2	0.18	-0.27	0.15	0.05	0.17	-0.44	-0.15	-0.26	0.03	0.13	-0.52	-0.48	0.13	-0.09		0.42	-0.1	0.19	-0.34	-0.25	-0.21	0.17	-0.41	-0.62	0.51
Other Stockholder Equity	0.66	0.41	-0.4	0.22	0.25	0.64	-0.18	-0.47	-0.96	0.28	0.43	-0.43	-0.69	0.43	-0.62	0.42		-0.55	0.42	0.4	-0.49	-0.96	0.94	-0.92	-0.59	0.9
Total Liab	-0.48	-0.18	0.12	0.39	0.39	-0.92	0.36	0.33	0.44	0.35	-0.32	0.54	0.7	-0.32	0.99	-0.1	-0.55		-0.21	-0.28	0.68	0.61	-0.6	0.57	0.32	-0.54
Total Current Assets	0.49	1.0	0.15	-0.24	-0.22	0.56	0.04	-0.98	-0.38	-0.25	0.98	-0.25	-0.52	0.98	-0.18	0.19	0.42	-0.21		0.25	0.0	-0.38	0.56	-0.5	-0.08	0.54
Common Stock	0.47	0.28	-0.04	0.22	0.35	0.35	0.63	-0.28	-0.47	0.37	0.27	0.46	0.1	0.27	-0.37	-0.34	0.4	-0.28	0.25		-0.05	-0.55	0.56	-0.22	0.42	0.17
Short Term Debt	-0.35	0.03	0.55	-0.01	-0.04	-0.57	0.23	0.04	0.42	-0.14	0.0	0.42	0.57	0.0	0.73	-0.25	-0.49	0.68	0.0	-0.05		0.45	-0.46	0.49	0.39	-0.48
Other Liab	-0.73	-0.37	0.35	-0.18	-0.24	-0.67	0.09	0.45	0.97	-0.27	-0.41	0.32	0.59	-0.41	0.68	-0.21	-0.96	0.61	-0.38	-0.55	0.45		-0.97	0.87	0.47	-0.81
Net Tangible Assets	0.82	0.56	-0.3	0.06	0.14	0.74	-0.03	-0.63	-0.94	0.18	0.59	-0.33	-0.66	0.59	-0.66	0.17	0.94	-0.6	0.56	0.56	-0.46	-0.97		-0.89	-0.4	0.84
Other Assets	-0.76	-0.48	0.29	0.06	0.0	-0.68	0.23	0.55	0.88	-0.04	-0.52	0.52	0.81	-0.52	0.6	-0.41	-0.92	0.57	-0.5	-0.22	0.49	0.87	-0.89		0.57	-0.95
Property Plant Equipment	-0.11	-0.04	0.37	-0.13	0.0	-0.3	0.8	0.13	0.52	0.02	-0.1	0.83	0.67	-0.1	0.33	-0.62	-0.59	0.32	-0.08	0.42	0.39	0.47	-0.4	0.57		-0.59
Long Term Debt	0.66	0.53	-0.28	-0.02	0.01	0.67	-0.27	-0.57	-0.81	0.03	0.56	-0.55	-0.8	0.56	-0.56	0.51	0.9	-0.54	0.54	0.17	-0.48	-0.81	0.84	-0.95	-0.59

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GlucoTrack Account Relationship Matchups

GlucoTrack fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	15.1M	15.5M	15.5M	4.2M	4.8M	4.9M
Total Assets	10.6M	6.3M	2.4M	4.9M	5.6M	3.8M
Short Long Term Debt Total	363K	250K	195K	196K	176.4K	246.7K
Other Current Liab	392K	229K	341K	673K	774.0K	594.1K
Total Current Liabilities	1.3M	883K	1.0M	1.5M	1.7M	1.7M
Total Stockholder Equity	9.0M	5.2M	1.2M	3.2M	3.7M	3.9M
Property Plant And Equipment Net	315K	109K	40K	27K	31.1K	29.5K
Net Debt	(9.5M)	(5.8M)	(2.1M)	(4.3M)	(3.9M)	(3.7M)
Retained Earnings	(93.4M)	(97.5M)	(101.9M)	(109.9M)	(98.9M)	(93.9M)
Accounts Payable	869K	631K	672K	839K	964.9K	1.0M
Cash	9.8M	6.1M	2.3M	4.5M	5.2M	2.9M
Non Current Assets Total	377K	160K	59K	37K	33.3K	31.6K
Non Currrent Assets Other	62K	51K	4K	10K	9K	8.6K
Cash And Short Term Investments	9.8M	6.1M	2.3M	4.5M	5.2M	2.9M
Liabilities And Stockholders Equity	10.6M	6.3M	2.4M	4.9M	5.6M	3.8M
Non Current Liabilities Total	279K	227K	195K	196K	176.4K	167.6K
Other Current Assets	56K	43K	67K	376K	432.4K	454.0K
Other Stockholder Equity	102.4M	102.6M	103.1M	113.0M	129.9M	136.4M
Total Liab	1.6M	1.1M	1.2M	1.7M	1.5M	1.5M
Total Current Assets	10.2M	6.1M	2.4M	4.9M	5.6M	3.4M
Accumulated Other Comprehensive Income	15K	(6K)	17K	64K	73.6K	67.1K
Common Stock	162.8K	201K	15K	20K	23K	21.9K
Net Tangible Assets	(1.4M)	9.0M	5.2M	1.2M	1.4M	1.5M
Other Assets	62K	0.0	19K	1.0	0.9	0.86
Property Plant Equipment	321K	315K	109K	40K	36K	34.2K
Long Term Debt	197K	210K	195K	196K	225.4K	212.0K
Net Invested Capital	9.2M	5.4M	1.4M	3.4M	3.9M	2.8M
Capital Stock	162.8K	201K	15K	20K	18K	17.1K
Net Working Capital	8.9M	5.2M	1.4M	3.4M	3.9M	2.6M
Property Plant And Equipment Gross	940K	529K	294K	27K	24.3K	23.1K

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When determining whether GlucoTrack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GlucoTrack Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Glucotrack Stock. Highlighted below are key reports to facilitate an investment decision about Glucotrack Stock:

How To Invest In GlucoTrack

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Is GlucoTrack Stock a good investment?

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What is GlucoTrack's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlucoTrack. 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 GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Health Care Equipment & Supplies 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 GlucoTrack. If investors know GlucoTrack 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 GlucoTrack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(58.20)

Return On Assets

(2.04)

Return On Equity

(19.43)

The market value of GlucoTrack is measured differently than its book value, which is the value of GlucoTrack that is recorded on the company's balance sheet. Investors also form their own opinion of GlucoTrack's value that differs from its market value or its book value, called intrinsic value, which is GlucoTrack'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 GlucoTrack's market value can be influenced by many factors that don't directly affect GlucoTrack'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 GlucoTrack's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlucoTrack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlucoTrack'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.

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GlucoTrack Accounts Payable vs Total Current Assets Analysis

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Current Assets

GlucoTrack fundamental ratios Correlations

GlucoTrack Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GlucoTrack fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Cash	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Tangible Assets	- 0.97	Other Liab
Net Debt	- 0.97	Total Assets
Other Liab	- 0.96	Other Stockholder Equity