Lixte Selling General Administrative vs Depreciation And Amortization Analysis

LIXT Stock  USD 1.84  0.13  6.60%   
Lixte Biotechnology financial indicator trend analysis is infinitely more than just investigating Lixte Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lixte Biotechnology is a good investment. Please check the relationship between Lixte Biotechnology Selling General Administrative and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixte Biotechnology Holdings. 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.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lixte Biotechnology Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lixte Biotechnology's Selling General Administrative and Depreciation And Amortization is 0.95. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Lixte Biotechnology Holdings, assuming nothing else is changed. The correlation between historical values of Lixte Biotechnology's Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Lixte Biotechnology Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Lixte Biotechnology's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Lixte Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lixte Biotechnology 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lixte Biotechnology Holdings. 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, Lixte Biotechnology's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 3.02 in 2024.

Lixte Biotechnology fundamental ratios Correlations

0.650.240.96-0.97-0.760.950.96-0.280.760.241.0-0.3-0.320.460.81-0.340.73-0.110.91-0.660.40.350.580.720.95
0.650.460.63-0.63-0.720.630.640.030.70.460.65-0.19-0.30.410.68-0.50.54-0.230.75-0.470.420.720.370.550.66
0.240.460.21-0.22-0.450.220.230.180.431.00.240.13-0.790.660.33-0.210.26-0.120.25-0.010.710.480.040.20.16
0.960.630.21-1.0-0.841.01.0-0.310.860.210.96-0.4-0.30.420.8-0.380.83-0.350.88-0.710.320.340.640.730.98
-0.97-0.63-0.22-1.00.83-1.0-1.00.31-0.85-0.22-0.970.380.3-0.43-0.790.42-0.810.32-0.890.72-0.33-0.34-0.63-0.75-0.97
-0.76-0.72-0.45-0.840.83-0.84-0.840.35-0.99-0.45-0.750.380.48-0.51-0.730.28-0.860.59-0.720.71-0.55-0.69-0.41-0.79-0.81
0.950.630.221.0-1.0-0.841.0-0.310.860.220.95-0.39-0.30.430.78-0.430.82-0.360.88-0.720.320.330.630.750.97
0.960.640.231.0-1.0-0.841.0-0.280.860.230.96-0.4-0.310.440.79-0.420.83-0.360.88-0.710.330.330.650.740.98
-0.280.030.18-0.310.310.35-0.31-0.28-0.330.18-0.28-0.010.010.04-0.18-0.2-0.20.1-0.10.37-0.03-0.310.04-0.35-0.25
0.760.70.430.86-0.85-0.990.860.86-0.330.430.76-0.44-0.460.460.74-0.310.89-0.640.74-0.680.510.650.490.750.83
0.240.461.00.21-0.22-0.450.220.230.180.430.240.13-0.790.660.33-0.210.26-0.120.25-0.010.710.480.040.20.16
1.00.650.240.96-0.97-0.750.950.96-0.280.760.24-0.29-0.320.460.81-0.340.73-0.10.91-0.660.390.340.580.720.95
-0.3-0.190.13-0.40.380.38-0.39-0.4-0.01-0.440.13-0.29-0.350.16-0.610.32-0.770.51-0.450.180.19-0.21-0.66-0.11-0.45
-0.32-0.3-0.79-0.30.30.48-0.3-0.310.01-0.46-0.79-0.32-0.35-0.55-0.17-0.1-0.20.12-0.220.11-0.87-0.290.03-0.33-0.24
0.460.410.660.42-0.43-0.510.430.440.040.460.660.460.16-0.550.4-0.130.310.00.29-0.540.440.29-0.130.610.41
0.810.680.330.8-0.79-0.730.780.79-0.180.740.330.81-0.61-0.170.4-0.370.85-0.160.83-0.50.240.510.580.530.83
-0.34-0.5-0.21-0.380.420.28-0.43-0.42-0.2-0.31-0.21-0.340.32-0.1-0.13-0.37-0.340.27-0.490.270.03-0.09-0.44-0.24-0.35
0.730.540.260.83-0.81-0.860.820.83-0.20.890.260.73-0.77-0.20.310.85-0.34-0.60.77-0.560.290.480.670.580.84
-0.11-0.23-0.12-0.350.320.59-0.36-0.360.1-0.64-0.12-0.10.510.120.0-0.160.27-0.6-0.180.3-0.14-0.3-0.38-0.28-0.3
0.910.750.250.88-0.89-0.720.880.88-0.10.740.250.91-0.45-0.220.290.83-0.490.77-0.18-0.530.330.470.660.580.9
-0.66-0.47-0.01-0.710.720.71-0.72-0.710.37-0.68-0.01-0.660.180.11-0.54-0.50.27-0.560.3-0.53-0.16-0.3-0.05-0.96-0.7
0.40.420.710.32-0.33-0.550.320.33-0.030.510.710.390.19-0.870.440.240.030.29-0.140.33-0.160.460.050.430.28
0.350.720.480.34-0.34-0.690.330.33-0.310.650.480.34-0.21-0.290.290.51-0.090.48-0.30.47-0.30.460.060.410.35
0.580.370.040.64-0.63-0.410.630.650.040.490.040.58-0.660.03-0.130.58-0.440.67-0.380.66-0.050.050.060.060.66
0.720.550.20.73-0.75-0.790.750.74-0.350.750.20.72-0.11-0.330.610.53-0.240.58-0.280.58-0.960.430.410.060.71
0.950.660.160.98-0.97-0.810.970.98-0.250.830.160.95-0.45-0.240.410.83-0.350.84-0.30.9-0.70.280.350.660.71
Click cells to compare fundamentals

Lixte Biotechnology Account Relationship Matchups

Lixte Biotechnology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7M5.2M5.1M5.6M4.3M2.2M
Other Current Liab237.9K10.5K302.9K394.8K313.9K171.6K
Total Current Liabilities237.9K216.5K302.9K394.8K313.9K290.7K
Total Stockholder Equity2.4M5.0M4.8M5.2M4.0M4.2M
Net Debt(2.6M)(5.1M)(4.8M)(5.4M)(4.2M)(4.0M)
Retained Earnings(27.1M)(30.4M)(37.1M)(43.4M)(48.5M)(46.1M)
Cash2.6M5.1M4.8M5.4M4.2M4.4M
Cash And Short Term Investments2.6M5.1M4.8M5.4M4.2M4.4M
Common Stock Shares Outstanding1.1M1.1M1.3M158.2K1.9M1.8M
Liabilities And Stockholders Equity2.7M5.2M5.1M5.6M4.3M2.2M
Other Stockholder Equity26.0M31.9M38.4M45.1M49.0M51.4M
Total Liab237.9K216.5K302.9K394.8K313.9K290.7K
Total Current Assets2.7M5.2M5.1M5.6M4.2M2.2M
Accounts Payable143.5K190.3K226.0K229.8K156.8K169.4K
Other Current Assets58.8K159.2K10.2K10.4K27.1K25.8K
Short Term Debt210.9K237.9K302.9K394.8K313.9K193.4K
Current Deferred Revenue94.3K15.8K77.0K165.0K157.1K81.5K
Net Tangible Assets625.8K(1.1M)1.5M1.3M1.5M1.6M
Net Invested Capital(1.1M)1.5M1.3M1.7M494.8K317K
Net Working Capital2.4M5.0M4.8M5.2M4.0M4.2M

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