Genenta Cash vs Cash And Short Term Investments Analysis

GNTA Stock  USD 5.30  0.12  2.32%   
Genenta Science financial indicator trend analysis is much more than just examining Genenta Science SpA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genenta Science SpA is a good investment. Please check the relationship between Genenta Science Cash and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genenta Science SpA. 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.

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genenta Science SpA Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Genenta Science's Cash and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Genenta Science SpA, assuming nothing else is changed. The correlation between historical values of Genenta Science's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Genenta Science SpA are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Genenta Science's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Genenta Science SpA, which is listed under current asset account on Genenta Science SpA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genenta Science customers. The amounts must be unrestricted with restricted cash listed in a different Genenta Science account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Genenta Science SpA balance sheet. This account contains Genenta Science investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Genenta Science SpA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Genenta Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genenta Science SpA 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 Genenta Science SpA. 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 Enterprise Value is expected to grow to about 128.7 M, whereas Selling General Administrative is forecasted to decline to about 3.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.7K2.6M3.0M3.1M
Depreciation And Amortization5.1K6.0K42.5K44.6K

Genenta Science fundamental ratios Correlations

-0.9-0.81.00.74-0.54-0.48-0.5-0.080.480.780.81-0.250.990.870.340.40.710.57-0.8-0.811.01.00.81.00.8
-0.90.87-0.9-0.930.840.160.790.07-0.15-0.94-0.950.28-0.84-0.98-0.49-0.7-0.91-0.850.950.84-0.9-0.89-0.94-0.89-0.94
-0.80.87-0.82-0.880.810.010.740.55-0.01-0.67-0.670.69-0.75-0.78-0.5-0.63-0.73-0.780.870.99-0.82-0.8-0.85-0.82-0.85
1.0-0.9-0.820.75-0.55-0.48-0.51-0.10.470.780.8-0.270.990.870.330.40.710.58-0.81-0.821.01.00.811.00.81
0.74-0.93-0.880.75-0.910.17-0.95-0.22-0.170.860.84-0.460.660.860.580.890.820.93-0.99-0.830.750.730.960.740.96
-0.540.840.81-0.55-0.91-0.30.930.250.31-0.81-0.780.4-0.43-0.82-0.55-0.84-0.89-0.950.860.77-0.55-0.52-0.84-0.54-0.84
-0.480.160.01-0.480.17-0.3-0.44-0.34-1.0-0.14-0.2-0.39-0.56-0.250.510.55-0.130.22-0.060.06-0.48-0.5-0.04-0.49-0.04
-0.50.790.74-0.51-0.950.93-0.440.20.45-0.77-0.730.44-0.39-0.73-0.62-0.98-0.75-0.940.910.68-0.51-0.48-0.87-0.49-0.87
-0.080.070.55-0.1-0.220.25-0.340.20.340.230.240.95-0.080.08-0.34-0.150.08-0.130.170.58-0.1-0.09-0.11-0.12-0.11
0.48-0.15-0.010.47-0.170.31-1.00.450.340.140.20.390.550.25-0.52-0.560.12-0.220.06-0.050.470.490.030.480.03
0.78-0.94-0.670.780.86-0.81-0.14-0.770.230.141.00.020.70.970.40.70.940.84-0.88-0.620.780.760.880.760.88
0.81-0.95-0.670.80.84-0.78-0.2-0.730.240.21.00.040.740.980.40.650.940.81-0.86-0.630.80.790.860.790.86
-0.250.280.69-0.27-0.460.4-0.390.440.950.390.020.04-0.23-0.1-0.47-0.4-0.06-0.330.410.71-0.27-0.26-0.35-0.28-0.35
0.99-0.84-0.750.990.66-0.43-0.56-0.39-0.080.550.70.74-0.230.810.30.290.620.46-0.72-0.770.990.990.710.990.71
0.87-0.98-0.780.870.86-0.82-0.25-0.730.080.250.970.98-0.10.810.380.620.960.83-0.89-0.760.870.860.90.860.9
0.34-0.49-0.50.330.58-0.550.51-0.62-0.34-0.520.40.4-0.470.30.380.690.30.38-0.52-0.510.330.330.350.320.35
0.4-0.7-0.630.40.89-0.840.55-0.98-0.15-0.560.70.65-0.40.290.620.690.630.86-0.84-0.560.40.380.780.390.78
0.71-0.91-0.730.710.82-0.89-0.13-0.750.080.120.940.94-0.060.620.960.30.630.89-0.83-0.690.710.690.860.70.86
0.57-0.85-0.780.580.93-0.950.22-0.94-0.13-0.220.840.81-0.330.460.830.380.860.89-0.91-0.710.580.550.930.570.93
-0.80.950.87-0.81-0.990.86-0.060.910.170.06-0.88-0.860.41-0.72-0.89-0.52-0.84-0.83-0.910.83-0.81-0.79-0.98-0.8-0.98
-0.810.840.99-0.82-0.830.770.060.680.58-0.05-0.62-0.630.71-0.77-0.76-0.51-0.56-0.69-0.710.83-0.82-0.8-0.8-0.82-0.8
1.0-0.9-0.821.00.75-0.55-0.48-0.51-0.10.470.780.8-0.270.990.870.330.40.710.58-0.81-0.821.00.811.00.81
1.0-0.89-0.81.00.73-0.52-0.5-0.48-0.090.490.760.79-0.260.990.860.330.380.690.55-0.79-0.81.00.781.00.78
0.8-0.94-0.850.810.96-0.84-0.04-0.87-0.110.030.880.86-0.350.710.90.350.780.860.93-0.98-0.80.810.780.81.0
1.0-0.89-0.821.00.74-0.54-0.49-0.49-0.120.480.760.79-0.280.990.860.320.390.70.57-0.8-0.821.01.00.80.8
0.8-0.94-0.850.810.96-0.84-0.04-0.87-0.110.030.880.86-0.350.710.90.350.780.860.93-0.98-0.80.810.781.00.8
Click cells to compare fundamentals

Genenta Science Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genenta Science SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genenta Science's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genenta Science Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genenta Science Spa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genenta Science SpA. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Genenta Science. If investors know Genenta 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 Genenta Science listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.52)
Return On Assets
(0.26)
Return On Equity
(0.43)
The market value of Genenta Science SpA is measured differently than its book value, which is the value of Genenta that is recorded on the company's balance sheet. Investors also form their own opinion of Genenta Science's value that differs from its market value or its book value, called intrinsic value, which is Genenta Science'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 Genenta Science's market value can be influenced by many factors that don't directly affect Genenta Science'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 Genenta Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genenta Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genenta Science'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.