CytoMed Total Current Liabilities vs Intangible Assets Analysis
GDTC Stock | 2.29 0.67 22.64% |
CytoMed Therapeutics financial indicator trend analysis is way more than just evaluating CytoMed Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CytoMed Therapeutics is a good investment. Please check the relationship between CytoMed Therapeutics Total Current Liabilities and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CytoMed Therapeutics Limited. 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.
Total Current Liabilities vs Intangible Assets
Total Current Liabilities vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CytoMed Therapeutics Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CytoMed Therapeutics' Total Current Liabilities and Intangible Assets is -0.52. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of CytoMed Therapeutics Limited, assuming nothing else is changed. The correlation between historical values of CytoMed Therapeutics' Total Current Liabilities and Intangible 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 Total Current Liabilities of CytoMed Therapeutics Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., CytoMed Therapeutics' Total Current Liabilities and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on CytoMed 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 CytoMed Therapeutics Limited 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.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from CytoMed Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CytoMed 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CytoMed Therapeutics Limited. 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. The current year's Issuance Of Capital Stock is expected to grow to about 13.7 M, whereas Tax Provision is forecasted to decline to 630.58.
2022 | 2023 | 2024 | 2025 (projected) | Other Operating Expenses | 1.4M | 3.2M | 3.7M | 3.9M | Depreciation And Amortization | 291.8K | 77.5K | 69.7K | 66.2K |
CytoMed Therapeutics fundamental ratios Correlations
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CytoMed Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CytoMed Therapeutics fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 2.9M | 4.5M | 3.9M | 12.4M | 14.2M | 14.9M | |
Short Long Term Debt Total | 2.3M | 2.4M | 3.1M | 448.0K | 515.2K | 489.5K | |
Other Current Liab | 326.7K | 176.1K | 400.3K | 643.7K | 740.2K | 411.8K | |
Total Current Liabilities | 2.1M | 2.2M | 3.1M | 716.9K | 824.5K | 783.3K | |
Total Stockholder Equity | 359.6K | 1.9M | 436.0K | 8.5M | 9.8M | 10.3M | |
Property Plant And Equipment Net | 1.7M | 1.8M | 1.8M | 1.6M | 1.4M | 1.5M | |
Net Debt | 1.6M | 551.6K | 2.0M | (8.5M) | (7.7M) | (7.3M) | |
Retained Earnings | (2.3M) | (3.7M) | (6.1M) | (9.3M) | (8.4M) | (8.0M) | |
Accounts Payable | 14.3K | 34.2K | 10.9K | 24.6K | 28.3K | 21.2K | |
Cash | 668.8K | 1.9M | 1.2M | 9.0M | 10.3M | 10.9M | |
Non Current Assets Total | 1.8M | 2.1M | 2.0M | 2.3M | 2.6M | 2.3M | |
Non Currrent Assets Other | (1.8M) | (2.1M) | (2.0M) | 546.7K | 628.7K | 660.1K | |
Cash And Short Term Investments | 668.8K | 1.9M | 1.2M | 9.0M | 10.3M | 10.9M | |
Net Receivables | 9.1K | 3.9K | 42.8K | 204.7K | 235.5K | 247.2K | |
Common Stock Shares Outstanding | 5.9M | 6.9M | 7.9M | 10.6M | 12.2M | 8.1M | |
Short Term Investments | 32.9K | 11.3K | 11.6K | 47.8K | 43.0K | 30.0K | |
Liabilities And Stockholders Equity | 2.9M | 4.5M | 3.9M | 12.4M | 14.2M | 14.9M | |
Non Current Liabilities Total | 464.0K | 410.0K | 353.3K | 407.8K | 367.0K | 361.6K | |
Inventory | 181.6K | 319.1K | 428.0K | (204.7K) | (184.3K) | (175.1K) | |
Other Current Assets | 571.7K | 763.7K | 856.6K | 896.8K | 1.0M | 688.6K | |
Other Stockholder Equity | (6.3K) | 1.1M | (94.7K) | (32.6K) | (29.3K) | (27.9K) | |
Total Liab | 2.5M | 2.6M | 3.4M | 1.1M | 1.3M | 2.3M | |
Total Current Assets | 1.1M | 2.4M | 1.9M | 10.1M | 11.6M | 12.2M | |
Accumulated Other Comprehensive Income | (6.3K) | (22.9K) | (94.7K) | (108.7K) | (97.8K) | (93.0K) | |
Short Term Debt | 1.8M | 2.0M | 2.8M | 40.3K | 46.3K | 44.0K | |
Intangible Assets | 33.9K | 23.4K | 13.7K | 12.1K | 10.9K | 19.0K | |
Common Stock | 2.6M | 4.8M | 6.6M | 18.0M | 20.7M | 21.7M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CytoMed Therapeutics Limited. 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. 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 CytoMed Therapeutics. If investors know CytoMed 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 CytoMed Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share | Quarterly Revenue Growth (0.21) | Return On Assets | Return On Equity |
The market value of CytoMed Therapeutics is measured differently than its book value, which is the value of CytoMed that is recorded on the company's balance sheet. Investors also form their own opinion of CytoMed Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is CytoMed Therapeutics' 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 CytoMed Therapeutics' market value can be influenced by many factors that don't directly affect CytoMed Therapeutics' 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 CytoMed Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if CytoMed Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CytoMed Therapeutics' 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.