Medicus Net Debt vs Net Working Capital Analysis
| MDCX Stock | 3.95 0.25 6.76% |
Medicus Pharma financial indicator trend analysis is infinitely more than just investigating Medicus Pharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medicus Pharma is a good investment. Please check the relationship between Medicus Pharma Net Debt and its Net Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medicus Pharma. 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.
Net Debt vs Net Working Capital
Net Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medicus Pharma Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Medicus Pharma's Net Debt and Net Working Capital is 0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Medicus Pharma, assuming nothing else is changed. The correlation between historical values of Medicus Pharma's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Medicus Pharma are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Medicus Pharma's Net Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Working Capital
Most indicators from Medicus Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medicus Pharma 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 Medicus Pharma. 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 is likely to climb to about 3 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.4M | 978.4K | 3.0M | 2.0M | Research Development | 1.2M | 646.4K | 193.6K | 183.9K |
Medicus Pharma fundamental ratios Correlations
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Medicus Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Medicus Stock Analysis
When running Medicus Pharma's price analysis, check to measure Medicus Pharma's 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 Medicus Pharma is operating at the current time. Most of Medicus Pharma's value examination focuses on studying past and present price action to predict the probability of Medicus Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicus Pharma's price. Additionally, you may evaluate how the addition of Medicus Pharma to your portfolios can decrease your overall portfolio volatility.